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%12%
1 years$305,543$302,821$300,166$297,574$295,043$292,571
2 years$151,259$148,442$145,711$143,064$140,497$138,005
3 years$99,837$97,008$94,285$91,663$89,137$86,703
4 years$74,132$71,311$68,615$66,038$63,573$61,216
5 years$58,713$55,909$53,248$50,723$48,327$46,054
6 years$48,436$45,654$43,033$40,564$38,240$36,052
7 years$41,099$38,340$35,760$33,350$31,099$28,999
8 years$35,599$32,864$30,328$27,976$25,800$23,787
9 years$31,323$28,614$26,121$23,830$21,727$19,801
10 years$27,904$25,222$22,773$20,541$18,513$16,672
11 years$25,109$22,454$20,049$17,877$15,921$14,165
12 years$22,781$20,153$17,793$15,681$13,797$12,123
13 years$20,813$18,213$15,897$13,844$12,031$10,438
14 years$19,128$16,555$14,283$12,289$10,547$9,032
15 years$17,668$15,123$12,896$10,960$9,286$7,848
16 years$16,392$13,875$11,692$9,813$8,207$6,843
17 years$15,268$12,779$10,639$8,817$7,277$5,985
18 years$14,269$11,808$9,712$7,946$6,470$5,248
19 years$13,377$10,944$8,891$7,180$5,767$4,612
20 years$12,575$10,169$8,160$6,503$5,151$4,061
21 years$11,850$9,472$7,506$5,902$4,610$3,581
22 years$11,192$8,842$6,917$5,366$4,132$3,163
23 years$10,593$8,270$6,387$4,887$3,709$2,797
24 years$10,044$7,748$5,907$4,457$3,334$2,476
25 years$9,539$7,271$5,471$4,070$3,000$2,194
26 years$9,074$6,834$5,074$3,722$2,702$1,946
27 years$8,645$6,431$4,712$3,407$2,436$1,727
28 years$8,246$6,060$4,380$3,121$2,198$1,534
29 years$7,876$5,717$4,076$2,862$1,985$1,363
30 years$7,532$5,399$3,797$2,627$1,794$1,212
31 years$7,210$5,104$3,540$2,413$1,622$1,078
32 years$6,909$4,830$3,303$2,217$1,467$960
33 years$6,626$4,574$3,084$2,039$1,328$854
34 years$6,361$4,335$2,881$1,876$1,202$761
35 years$6,112$4,111$2,694$1,727$1,089$678
36 years$5,876$3,902$2,520$1,590$986$604
37 years$5,655$3,706$2,359$1,465$894$538
38 years$5,445$3,522$2,209$1,351$810$480
39 years$5,247$3,349$2,069$1,245$735$428
40 years$5,058$3,187$1,940$1,149$667$381
41 years$4,880$3,033$1,819$1,060$605$340
42 years$4,711$2,889$1,706$978$549$303
43 years$4,550$2,753$1,601$903$498$271
44 years$4,396$2,624$1,503$834$452$241
45 years$4,250$2,502$1,411$770$410$215
46 years$4,111$2,387$1,325$711$373$192
47 years$3,978$2,278$1,245$657$338$172
48 years$3,850$2,174$1,170$607$307$153
49 years$3,729$2,076$1,100$561$279$137
50 years$3,612$1,984$1,034$519$253$122

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 $3,059 every year, while hoping to spend $36,727 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: 73/16/11 Blend
49$3,700,000$3,700,000$3,700,000$3,700,000
50$4,080,555$3,884,455$3,827,105$4,369,424
51$4,457,695$4,035,716$3,916,236$4,711,969
52$4,872,071$4,193,158$4,007,122$5,082,182
53$5,327,445$4,357,045$4,099,783$5,486,662
54$5,827,957$4,527,653$4,194,238$5,928,789
55$6,378,170$4,705,269$4,290,506$6,412,285
56$6,983,111$4,890,195$4,388,606$6,941,246
57$7,648,319$5,082,746$4,488,555$7,520,183
58$8,379,895$5,283,248$4,590,369$8,154,062
59$9,184,563$5,492,046$4,694,065$8,848,349
60$10,069,729$5,709,497$4,799,657$9,609,067
61$11,043,555$5,935,976$4,907,159$10,442,845
62$12,115,033$6,171,873$5,016,584$11,356,983
63$13,294,070$6,417,599$5,127,943$12,359,523
64$14,591,583$6,673,579$5,241,247$13,459,318
65$16,019,600$6,940,260$5,356,505$14,666,122
66$17,591,374$7,218,108$5,473,723$15,990,675
67$19,321,510$7,507,611$5,592,908$17,444,808
68$21,226,097$7,809,277$5,714,064$19,041,551
69$23,322,867$8,123,640$5,837,193$20,795,259
70$25,631,356$8,451,255$5,962,296$22,721,740
71$28,173,093$8,792,704$6,089,370$24,838,411
72$30,971,797$9,148,595$6,218,413$27,164,457
73$34,053,608$9,519,565$6,349,418$29,721,011
74$37,447,329$9,906,276$6,482,376$32,531,354
75$41,184,697$10,309,424$6,617,276$35,621,133
76$45,300,686$10,729,735$6,754,105$39,018,605
77$49,833,832$11,167,969$6,892,844$42,754,895
78$54,826,603$11,624,919$7,033,474$46,864,298
79$60,325,792$12,101,416$7,175,971$51,384,596
80$66,382,965$12,598,328$7,320,308$56,357,412
81$73,054,944$13,116,562$7,466,455$61,828,608
82$80,404,344$13,657,069$7,614,377$67,848,710
83$88,500,163$14,220,842$7,764,035$74,473,387
84$97,418,435$14,808,918$7,915,385$81,763,974
85$107,242,945$15,422,385$8,068,380$89,788,052
86$118,066,022$16,062,378$8,222,967$98,620,078
87$129,989,408$16,730,086$8,379,088$108,342,096
88$143,125,220$17,426,753$8,536,680$119,044,498
89$157,597,006$18,153,678$8,695,673$130,826,888
90$173,540,915$18,912,223$8,855,992$143,799,009
91$191,106,977$19,703,810$9,017,556$158,081,785
92$210,460,521$20,529,929$9,180,277$173,808,457
93$231,783,736$21,392,137$9,344,058$191,125,841
94$255,277,391$22,292,066$9,508,798$210,195,708
95$281,162,727$23,231,420$9,674,385$231,196,314
96$309,683,550$24,211,984$9,840,702$254,324,075
97$341,108,527$25,235,626$10,007,620$279,795,423
98$375,733,725$26,304,300$10,175,003$307,848,846
99$413,885,405$27,420,050$10,342,706$338,747,134
100$455,923,102$28,585,019$10,510,572$372,779,861