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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.9%
1 years$297,285$294,637$292,053$289,531$287,069$277,880
2 years$147,171$144,430$141,773$139,198$136,700$127,526
3 years$97,139$94,386$91,737$89,185$86,728$77,858
4 years$72,128$69,384$66,761$64,253$61,855$53,357
5 years$57,126$54,398$51,809$49,352$47,021$38,918
6 years$47,127$44,420$41,869$39,468$37,206$29,505
7 years$39,988$37,304$34,794$32,448$30,259$22,958
8 years$34,637$31,976$29,508$27,220$25,102$18,197
9 years$30,476$27,841$25,415$23,186$21,140$14,622
10 years$27,150$24,541$22,157$19,986$18,012$11,872
11 years$24,430$21,847$19,507$17,394$15,491$9,718
12 years$22,165$19,609$17,312$15,257$13,424$8,005
13 years$20,251$17,721$15,467$13,470$11,706$6,628
14 years$18,611$16,107$13,897$11,957$10,262$5,510
15 years$17,191$14,714$12,547$10,663$9,035$4,596
16 years$15,949$13,500$11,376$9,548$7,985$3,844
17 years$14,855$12,433$10,352$8,579$7,080$3,223
18 years$13,884$11,489$9,450$7,731$6,295$2,707
19 years$13,016$10,648$8,651$6,986$5,611$2,277
20 years$12,235$9,894$7,939$6,327$5,012$1,918
21 years$11,530$9,216$7,303$5,742$4,485$1,617
22 years$10,890$8,603$6,731$5,221$4,020$1,365
23 years$10,306$8,046$6,214$4,755$3,609$1,153
24 years$9,772$7,539$5,747$4,337$3,244$975
25 years$9,281$7,075$5,323$3,960$2,919$824
26 years$8,829$6,649$4,937$3,621$2,629$697
27 years$8,411$6,258$4,584$3,315$2,371$590
28 years$8,024$5,897$4,262$3,037$2,139$500
29 years$7,664$5,563$3,966$2,785$1,931$423
30 years$7,328$5,253$3,694$2,556$1,745$358
31 years$7,015$4,966$3,444$2,347$1,578$304
32 years$6,722$4,699$3,213$2,157$1,427$257
33 years$6,447$4,450$3,000$1,984$1,292$218
34 years$6,189$4,218$2,803$1,825$1,169$185
35 years$5,946$4,000$2,621$1,680$1,059$157
36 years$5,718$3,797$2,452$1,547$960$133
37 years$5,502$3,606$2,295$1,426$870$113
38 years$5,298$3,427$2,149$1,314$789$96
39 years$5,105$3,259$2,013$1,212$715$81
40 years$4,922$3,101$1,887$1,118$649$69
41 years$4,748$2,951$1,770$1,031$588$58
42 years$4,583$2,811$1,660$952$534$49
43 years$4,427$2,678$1,558$878$485$42
44 years$4,277$2,553$1,462$811$440$36
45 years$4,135$2,434$1,373$749$399$30
46 years$3,999$2,322$1,289$692$363$26
47 years$3,870$2,216$1,211$639$329$22
48 years$3,746$2,116$1,138$591$299$18
49 years$3,628$2,020$1,070$546$272$16
50 years$3,515$1,930$1,006$505$247$13

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 $6,514 every year, while hoping to spend $31,001 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: 40/44/16 Blend
49$3,600,000$3,600,000$3,600,000$3,600,000
50$3,973,919$3,783,119$3,727,319$4,113,735
51$4,346,274$3,935,507$3,819,200$4,366,087
52$4,755,570$4,094,323$3,913,119$4,635,409
53$5,205,543$4,259,849$4,009,113$4,926,103
54$5,700,307$4,432,381$4,107,217$5,240,126
55$6,244,397$4,612,226$4,207,467$5,579,625
56$6,842,808$4,799,708$4,309,900$5,946,956
57$7,501,043$4,995,162$4,414,550$6,344,708
58$8,225,167$5,198,943$4,521,455$6,775,721
59$9,021,861$5,411,417$4,630,651$7,243,117
60$9,898,485$5,632,972$4,742,172$7,750,325
61$10,863,152$5,864,009$4,856,056$8,301,113
62$11,924,798$6,104,950$4,972,339$8,899,619
63$13,093,271$6,356,235$5,091,055$9,550,395
64$14,379,420$6,618,326$5,212,241$10,258,442
65$15,795,201$6,891,705$5,335,932$11,029,258
66$17,353,788$7,176,875$5,462,162$11,868,888
67$19,069,697$7,474,364$5,590,967$12,783,981
68$20,958,921$7,784,723$5,722,380$13,781,847
69$23,039,086$8,108,530$5,856,434$14,870,526
70$25,329,613$8,446,387$5,993,164$16,058,864
71$27,851,900$8,798,927$6,132,602$17,356,590
72$30,629,528$9,166,808$6,274,778$18,774,410
73$33,688,481$9,550,724$6,419,725$20,324,099
74$37,057,392$9,951,395$6,567,471$22,018,620
75$40,767,811$10,369,579$6,718,047$23,872,232
76$44,854,506$10,806,066$6,871,480$25,900,632
77$49,355,788$11,261,686$7,027,797$28,121,094
78$54,313,873$11,737,303$7,187,023$30,552,632
79$59,775,283$12,233,826$7,349,183$33,216,173
80$65,791,280$12,752,202$7,514,299$36,134,758
81$72,418,355$13,293,424$7,682,392$39,333,748
82$79,718,757$13,858,531$7,853,482$42,841,066
83$87,761,083$14,448,612$8,027,586$46,687,455
84$96,620,923$15,064,803$8,204,720$50,906,762
85$106,381,575$15,708,296$8,384,896$55,536,258
86$117,134,831$16,380,338$8,568,125$60,616,981
87$128,981,842$17,082,234$8,754,416$66,194,124
88$142,034,076$17,815,349$8,943,775$72,317,453
89$156,414,364$18,581,113$9,136,203$79,041,771
90$172,258,065$19,381,024$9,331,702$86,427,438
91$189,714,341$20,216,647$9,530,267$94,540,925
92$208,947,564$21,089,623$9,731,892$103,455,445
93$230,138,870$22,001,670$9,936,565$113,251,633
94$253,487,868$22,954,584$10,144,273$124,018,303
95$279,214,520$23,950,249$10,354,996$135,853,283
96$307,561,224$24,990,634$10,568,711$148,864,325
97$338,795,097$26,077,802$10,785,390$163,170,124
98$373,210,497$27,213,915$11,005,002$178,901,425
99$411,131,805$28,401,234$11,227,506$196,202,252
100$452,916,482$29,642,128$11,452,861$215,231,261