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

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 $3,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$305,543$302,821$300,166$297,574$295,043$288,379
2 years$151,259$148,442$145,711$143,064$140,497$133,819
3 years$99,837$97,008$94,285$91,663$89,137$82,653
4 years$74,132$71,311$68,615$66,038$63,573$57,334
5 years$58,713$55,909$53,248$50,723$48,327$42,350
6 years$48,436$45,654$43,033$40,564$38,240$32,530
7 years$41,099$38,340$35,760$33,350$31,099$25,659
8 years$35,599$32,864$30,328$27,976$25,800$20,626
9 years$31,323$28,614$26,121$23,830$21,727$16,817
10 years$27,904$25,222$22,773$20,541$18,513$13,860
11 years$25,109$22,454$20,049$17,877$15,921$11,521
12 years$22,781$20,153$17,793$15,681$13,797$9,641
13 years$20,813$18,213$15,897$13,844$12,031$8,113
14 years$19,128$16,555$14,283$12,289$10,547$6,857
15 years$17,668$15,123$12,896$10,960$9,286$5,817
16 years$16,392$13,875$11,692$9,813$8,207$4,950
17 years$15,268$12,779$10,639$8,817$7,277$4,223
18 years$14,269$11,808$9,712$7,946$6,470$3,610
19 years$13,377$10,944$8,891$7,180$5,767$3,092
20 years$12,575$10,169$8,160$6,503$5,151$2,653
21 years$11,850$9,472$7,506$5,902$4,610$2,279
22 years$11,192$8,842$6,917$5,366$4,132$1,959
23 years$10,593$8,270$6,387$4,887$3,709$1,687
24 years$10,044$7,748$5,907$4,457$3,334$1,453
25 years$9,539$7,271$5,471$4,070$3,000$1,252
26 years$9,074$6,834$5,074$3,722$2,702$1,080
27 years$8,645$6,431$4,712$3,407$2,436$932
28 years$8,246$6,060$4,380$3,121$2,198$805
29 years$7,876$5,717$4,076$2,862$1,985$695
30 years$7,532$5,399$3,797$2,627$1,794$601
31 years$7,210$5,104$3,540$2,413$1,622$519
32 years$6,909$4,830$3,303$2,217$1,467$449
33 years$6,626$4,574$3,084$2,039$1,328$388
34 years$6,361$4,335$2,881$1,876$1,202$336
35 years$6,112$4,111$2,694$1,727$1,089$290
36 years$5,876$3,902$2,520$1,590$986$251
37 years$5,655$3,706$2,359$1,465$894$217
38 years$5,445$3,522$2,209$1,351$810$188
39 years$5,247$3,349$2,069$1,245$735$163
40 years$5,058$3,187$1,940$1,149$667$141
41 years$4,880$3,033$1,819$1,060$605$122
42 years$4,711$2,889$1,706$978$549$105
43 years$4,550$2,753$1,601$903$498$91
44 years$4,396$2,624$1,503$834$452$79
45 years$4,250$2,502$1,411$770$410$68
46 years$4,111$2,387$1,325$711$373$59
47 years$3,978$2,278$1,245$657$338$51
48 years$3,850$2,174$1,170$607$307$44
49 years$3,729$2,076$1,100$561$279$38
50 years$3,612$1,984$1,034$519$253$33

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 $5,392 every year, while hoping to spend $38,232 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: 50/30/20 Blend
49$3,700,000$3,700,000$3,700,000$3,700,000
50$4,082,962$3,886,862$3,829,512$4,264,065
51$4,458,745$4,036,640$3,917,122$4,539,713
52$4,871,578$4,192,475$4,006,386$4,834,769
53$5,325,197$4,354,625$4,097,318$5,154,633
54$5,823,722$4,523,356$4,189,933$5,501,662
55$6,371,690$4,698,949$4,284,244$5,878,448
56$6,974,100$4,881,696$4,380,265$6,287,839
57$7,636,460$5,071,901$4,478,005$6,732,968
58$8,364,838$5,269,882$4,577,477$7,217,281
59$9,165,917$5,475,972$4,678,688$7,744,568
60$10,047,065$5,690,519$4,781,648$8,318,999
61$11,016,396$5,913,884$4,886,364$8,945,161
62$12,082,851$6,146,448$4,992,840$9,628,100
63$13,256,282$6,388,604$5,101,080$10,373,371
64$14,547,544$6,640,767$5,211,087$11,187,085
65$15,968,597$6,903,368$5,322,863$12,075,969
66$17,532,619$7,176,858$5,436,404$13,047,425
67$19,254,132$7,461,710$5,551,709$14,109,602
68$21,149,133$7,758,414$5,668,771$15,271,470
69$23,235,255$8,067,486$5,787,585$16,542,904
70$25,531,921$8,389,463$5,908,139$17,934,773
71$28,060,537$8,724,906$6,030,422$19,459,048
72$30,844,689$9,074,405$6,154,418$21,128,906
73$33,910,367$9,438,570$6,280,111$22,958,856
74$37,286,209$9,818,045$6,407,480$24,964,877
75$41,003,773$10,213,499$6,536,500$27,164,561
76$45,097,830$10,625,633$6,667,145$29,577,285
77$49,606,699$11,055,179$6,799,385$32,224,385
78$54,572,602$11,502,903$6,933,184$35,129,361
79$60,042,067$11,969,605$7,068,506$38,318,092
80$66,066,364$12,456,122$7,205,307$41,819,085
81$72,701,990$12,963,328$7,343,541$45,663,733
82$80,011,200$13,492,138$7,483,157$49,886,619
83$88,062,598$14,043,509$7,624,099$54,525,831
84$96,931,782$14,618,440$7,766,305$59,623,326
85$106,702,057$15,217,977$7,909,710$65,225,322
86$117,465,222$15,843,213$8,054,240$71,382,728
87$129,322,436$16,495,291$8,199,818$78,151,628
88$142,385,172$17,175,408$8,346,359$85,593,801
89$156,776,270$17,884,814$8,493,773$93,777,309
90$172,631,097$18,624,816$8,641,961$102,777,129
91$190,098,820$19,396,784$8,790,818$112,675,863
92$209,343,821$20,202,147$8,940,232$123,564,511
93$230,547,242$21,042,404$9,090,081$135,543,329
94$253,908,698$21,919,119$9,240,236$148,722,772
95$279,648,160$22,833,931$9,390,559$163,224,530
96$308,008,031$23,788,552$9,540,902$179,182,678
97$339,255,436$24,784,777$9,691,108$196,744,932
98$373,684,740$25,824,480$9,841,009$216,074,044
99$411,620,328$26,909,624$9,990,427$237,349,331
100$453,419,667$28,042,262$10,139,173$260,768,365