Can I retire at age 50 with 3,700,000?

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 $3,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$305,543$302,821$300,166$297,574$295,043$287,212
2 years$151,259$148,442$145,711$143,064$140,497$132,661
3 years$99,837$97,008$94,285$91,663$89,137$81,543
4 years$74,132$71,311$68,615$66,038$63,573$56,279
5 years$58,713$55,909$53,248$50,723$48,327$41,352
6 years$48,436$45,654$43,033$40,564$38,240$31,591
7 years$41,099$38,340$35,760$33,350$31,099$24,778
8 years$35,599$32,864$30,328$27,976$25,800$19,802
9 years$31,323$28,614$26,121$23,830$21,727$16,048
10 years$27,904$25,222$22,773$20,541$18,513$13,144
11 years$25,109$22,454$20,049$17,877$15,921$10,856
12 years$22,781$20,153$17,793$15,681$13,797$9,026
13 years$20,813$18,213$15,897$13,844$12,031$7,544
14 years$19,128$16,555$14,283$12,289$10,547$6,333
15 years$17,668$15,123$12,896$10,960$9,286$5,335
16 years$16,392$13,875$11,692$9,813$8,207$4,507
17 years$15,268$12,779$10,639$8,817$7,277$3,818
18 years$14,269$11,808$9,712$7,946$6,470$3,240
19 years$13,377$10,944$8,891$7,180$5,767$2,754
20 years$12,575$10,169$8,160$6,503$5,151$2,345
21 years$11,850$9,472$7,506$5,902$4,610$1,999
22 years$11,192$8,842$6,917$5,366$4,132$1,706
23 years$10,593$8,270$6,387$4,887$3,709$1,457
24 years$10,044$7,748$5,907$4,457$3,334$1,245
25 years$9,539$7,271$5,471$4,070$3,000$1,065
26 years$9,074$6,834$5,074$3,722$2,702$911
27 years$8,645$6,431$4,712$3,407$2,436$780
28 years$8,246$6,060$4,380$3,121$2,198$668
29 years$7,876$5,717$4,076$2,862$1,985$572
30 years$7,532$5,399$3,797$2,627$1,794$490
31 years$7,210$5,104$3,540$2,413$1,622$420
32 years$6,909$4,830$3,303$2,217$1,467$360
33 years$6,626$4,574$3,084$2,039$1,328$309
34 years$6,361$4,335$2,881$1,876$1,202$265
35 years$6,112$4,111$2,694$1,727$1,089$227
36 years$5,876$3,902$2,520$1,590$986$195
37 years$5,655$3,706$2,359$1,465$894$167
38 years$5,445$3,522$2,209$1,351$810$143
39 years$5,247$3,349$2,069$1,245$735$123
40 years$5,058$3,187$1,940$1,149$667$106
41 years$4,880$3,033$1,819$1,060$605$91
42 years$4,711$2,889$1,706$978$549$78
43 years$4,550$2,753$1,601$903$498$67
44 years$4,396$2,624$1,503$834$452$57
45 years$4,250$2,502$1,411$770$410$49
46 years$4,111$2,387$1,325$711$373$42
47 years$3,978$2,278$1,245$657$338$36
48 years$3,850$2,174$1,170$607$307$31
49 years$3,729$2,076$1,100$561$279$27
50 years$3,612$1,984$1,034$519$253$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $3,700,000, adding $3,069 every year, while hoping to spend $59,175 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: 57/32/11 Blend
49$3,700,000$3,700,000$3,700,000$3,700,000
50$4,080,566$3,884,466$3,827,116$4,301,944
51$4,433,822$4,011,843$3,892,362$4,579,139
52$4,821,126$4,143,478$3,957,811$4,874,202
53$5,245,890$4,279,518$4,023,407$5,194,295
54$5,711,870$4,420,113$4,089,090$5,541,822
55$6,223,203$4,565,421$4,154,797$5,919,426
56$6,784,447$4,715,603$4,220,460$6,330,018
57$7,400,622$4,870,829$4,286,007$6,776,799
58$8,077,257$5,031,272$4,351,360$7,263,293
59$8,820,446$5,197,112$4,416,438$7,793,378
60$9,636,897$5,368,537$4,481,155$8,371,322
61$10,534,005$5,545,740$4,545,418$9,001,824
62$11,519,914$5,728,921$4,609,130$9,690,055
63$12,603,595$5,918,288$4,672,186$10,441,711
64$13,794,934$6,114,057$4,734,477$11,263,059
65$15,104,822$6,316,450$4,795,886$12,161,002
66$16,545,257$6,525,699$4,856,291$13,143,142
67$18,129,458$6,742,043$4,915,562$14,217,848
68$19,871,990$6,965,730$4,973,560$15,394,335
69$21,788,900$7,197,018$5,030,142$16,682,754
70$23,897,869$7,436,173$5,085,152$18,094,284
71$26,218,377$7,683,471$5,138,431$19,641,235
72$28,771,889$7,939,199$5,189,806$21,337,168
73$31,582,056$8,203,654$5,239,098$23,197,017
74$34,674,936$8,477,143$5,286,118$25,237,232
75$38,079,242$8,759,986$5,330,666$27,475,936
76$41,826,612$9,052,513$5,372,531$29,933,088
77$45,951,908$9,355,067$5,411,492$32,630,675
78$50,493,542$9,668,005$5,447,316$35,592,921
79$55,493,840$9,991,694$5,479,758$38,846,508
80$60,999,443$10,326,518$5,508,561$42,420,832
81$67,061,741$10,672,873$5,533,454$46,348,276
82$73,737,366$11,031,170$5,554,151$50,664,519
83$81,088,717$11,401,837$5,570,355$55,408,866
84$89,184,555$11,785,316$5,581,751$60,624,622
85$98,100,649$12,182,067$5,588,009$66,359,498
86$107,920,492$12,592,565$5,588,784$72,666,060
87$118,736,087$13,017,305$5,583,713$79,602,223
88$130,648,815$13,456,800$5,572,415$87,231,799
89$143,770,393$13,911,582$5,554,489$95,625,095
90$158,223,928$14,382,204$5,529,519$104,859,577
91$174,145,074$14,869,238$5,497,064$115,020,599
92$191,683,321$15,373,280$5,456,665$126,202,209
93$211,003,395$15,894,946$5,407,838$138,508,030
94$232,286,821$16,434,878$5,350,080$152,052,245
95$255,733,630$16,993,740$5,282,861$166,960,664
96$281,564,250$17,572,224$5,205,627$183,371,916
97$310,021,586$18,171,045$5,117,799$201,438,756
98$341,373,311$18,790,949$5,018,768$221,329,499
99$375,914,392$19,432,709$4,907,899$243,229,616
100$413,969,874$20,097,126$4,784,528$267,343,474