Can I retire at age 50 with 3,600,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$297,285$294,637$292,053$289,531$287,069$278,102
2 years$147,171$144,430$141,773$139,198$136,700$127,746
3 years$97,139$94,386$91,737$89,185$86,728$78,068
4 years$72,128$69,384$66,761$64,253$61,855$53,555
5 years$57,126$54,398$51,809$49,352$47,021$39,103
6 years$47,127$44,420$41,869$39,468$37,206$29,677
7 years$39,988$37,304$34,794$32,448$30,259$23,118
8 years$34,637$31,976$29,508$27,220$25,102$18,346
9 years$30,476$27,841$25,415$23,186$21,140$14,760
10 years$27,150$24,541$22,157$19,986$18,012$11,999
11 years$24,430$21,847$19,507$17,394$15,491$9,834
12 years$22,165$19,609$17,312$15,257$13,424$8,112
13 years$20,251$17,721$15,467$13,470$11,706$6,725
14 years$18,611$16,107$13,897$11,957$10,262$5,599
15 years$17,191$14,714$12,547$10,663$9,035$4,677
16 years$15,949$13,500$11,376$9,548$7,985$3,918
17 years$14,855$12,433$10,352$8,579$7,080$3,289
18 years$13,884$11,489$9,450$7,731$6,295$2,767
19 years$13,016$10,648$8,651$6,986$5,611$2,331
20 years$12,235$9,894$7,939$6,327$5,012$1,966
21 years$11,530$9,216$7,303$5,742$4,485$1,661
22 years$10,890$8,603$6,731$5,221$4,020$1,404
23 years$10,306$8,046$6,214$4,755$3,609$1,188
24 years$9,772$7,539$5,747$4,337$3,244$1,005
25 years$9,281$7,075$5,323$3,960$2,919$852
26 years$8,829$6,649$4,937$3,621$2,629$722
27 years$8,411$6,258$4,584$3,315$2,371$612
28 years$8,024$5,897$4,262$3,037$2,139$519
29 years$7,664$5,563$3,966$2,785$1,931$440
30 years$7,328$5,253$3,694$2,556$1,745$373
31 years$7,015$4,966$3,444$2,347$1,578$317
32 years$6,722$4,699$3,213$2,157$1,427$269
33 years$6,447$4,450$3,000$1,984$1,292$228
34 years$6,189$4,218$2,803$1,825$1,169$194
35 years$5,946$4,000$2,621$1,680$1,059$165
36 years$5,718$3,797$2,452$1,547$960$140
37 years$5,502$3,606$2,295$1,426$870$119
38 years$5,298$3,427$2,149$1,314$789$101
39 years$5,105$3,259$2,013$1,212$715$86
40 years$4,922$3,101$1,887$1,118$649$73
41 years$4,748$2,951$1,770$1,031$588$62
42 years$4,583$2,811$1,660$952$534$52
43 years$4,427$2,678$1,558$878$485$45
44 years$4,277$2,553$1,462$811$440$38
45 years$4,135$2,434$1,373$749$399$32
46 years$3,999$2,322$1,289$692$363$27
47 years$3,870$2,216$1,211$639$329$23
48 years$3,746$2,116$1,138$591$299$20
49 years$3,628$2,020$1,070$546$272$17
50 years$3,515$1,930$1,006$505$247$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $3,600,000, adding $5,275 every year, while hoping to spend $40,792 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 58/26/16 Blend
49$3,600,000$3,600,000$3,600,000$3,600,000
50$3,972,641$3,781,841$3,726,041$4,186,330
51$4,334,448$3,923,749$3,807,461$4,473,524
52$4,731,792$4,071,243$3,890,242$4,781,513
53$5,168,255$4,224,554$3,974,385$5,116,319
54$5,647,783$4,383,923$4,059,892$5,480,532
55$6,174,722$4,549,600$4,146,764$5,876,998
56$6,753,861$4,721,848$4,234,998$6,308,850
57$7,390,475$4,900,939$4,324,591$6,779,532
58$8,090,378$5,087,159$4,415,539$7,292,838
59$8,859,972$5,280,806$4,507,835$7,852,940
60$9,706,312$5,482,188$4,601,470$8,464,431
61$10,637,172$5,691,631$4,696,435$9,132,365
62$11,661,115$5,909,473$4,792,717$9,862,308
63$12,787,577$6,136,065$4,890,302$10,660,384
64$14,026,955$6,371,777$4,989,172$11,533,335
65$15,390,703$6,616,993$5,089,308$12,488,585
66$16,891,443$6,872,114$5,190,688$13,534,307
67$18,543,081$7,137,559$5,293,287$14,679,499
68$20,360,941$7,413,765$5,397,078$15,934,072
69$22,361,907$7,701,189$5,502,029$17,308,934
70$24,564,581$8,000,307$5,608,107$18,816,103
71$26,989,464$8,311,617$5,715,274$20,468,809
72$29,659,142$8,635,640$5,823,489$22,281,626
73$32,598,506$8,972,917$5,932,707$24,270,601
74$35,834,979$9,324,016$6,042,879$26,453,411
75$39,398,783$9,689,529$6,153,951$28,849,525
76$43,323,217$10,070,074$6,265,867$31,480,384
77$47,644,975$10,466,297$6,378,563$34,369,610
78$52,404,489$10,878,873$6,491,972$37,543,217
79$57,646,316$11,308,507$6,606,022$41,029,864
80$63,419,551$11,755,934$6,720,634$44,861,120
81$69,778,295$12,221,925$6,835,725$49,071,761
82$76,782,164$12,707,282$6,951,205$53,700,094
83$84,496,853$13,212,847$7,066,978$58,788,322
84$92,994,751$13,739,495$7,182,941$64,382,938
85$102,355,630$14,288,145$7,298,984$70,535,159
86$112,667,394$14,859,754$7,414,990$77,301,413
87$124,026,911$15,455,324$7,530,834$84,743,866
88$136,540,922$16,075,902$7,646,384$92,931,007
89$150,327,055$16,722,580$7,761,497$101,938,295
90$165,514,932$17,396,503$7,876,024$111,848,865
91$182,247,389$18,098,866$7,989,804$122,754,314
92$200,681,829$18,830,917$8,102,670$134,755,559
93$220,991,706$19,593,963$8,214,440$147,963,792
94$243,368,161$20,389,368$8,324,925$162,501,524
95$268,021,827$21,218,560$8,433,923$178,503,740
96$295,184,815$22,083,031$8,541,221$196,119,168
97$325,112,908$22,984,342$8,646,594$215,511,682
98$358,087,973$23,924,122$8,749,803$236,861,846
99$394,420,620$24,904,079$8,850,596$260,368,616
100$434,453,140$25,925,995$8,948,707$286,251,210