Can I retire at age 50 with 3,800,000?

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 $3,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$313,800$311,005$308,278$305,616$303,017$295,452
2 years$155,347$152,454$149,650$146,931$144,294$136,720
3 years$102,536$99,630$96,833$94,140$91,546$84,200
4 years$76,135$73,239$70,470$67,823$65,291$58,230
5 years$60,299$57,420$54,687$52,094$49,633$42,877
6 years$49,745$46,888$44,196$41,660$39,273$32,827
7 years$42,210$39,376$36,727$34,251$31,940$25,806
8 years$36,561$33,753$31,147$28,732$26,497$20,672
9 years$32,169$29,388$26,827$24,474$22,314$16,793
10 years$28,658$25,904$23,388$21,097$19,013$13,789
11 years$25,787$23,061$20,591$18,360$16,352$11,418
12 years$23,397$20,698$18,274$16,104$14,170$9,518
13 years$21,376$18,705$16,326$14,218$12,357$7,977
14 years$19,645$17,002$14,669$12,621$10,832$6,714
15 years$18,146$15,532$13,244$11,256$9,537$5,672
16 years$16,835$14,250$12,008$10,078$8,429$4,806
17 years$15,681$13,124$10,927$9,055$7,474$4,082
18 years$14,655$12,127$9,975$8,161$6,645$3,475
19 years$13,739$11,239$9,131$7,374$5,923$2,963
20 years$12,915$10,444$8,380$6,678$5,291$2,530
21 years$12,171$9,728$7,708$6,061$4,734$2,163
22 years$11,495$9,081$7,104$5,511$4,244$1,852
23 years$10,879$8,493$6,560$5,019$3,809$1,586
24 years$10,315$7,958$6,067$4,578$3,424$1,360
25 years$9,797$7,468$5,619$4,180$3,081$1,167
26 years$9,320$7,019$5,211$3,822$2,775$1,002
27 years$8,878$6,605$4,839$3,499$2,502$860
28 years$8,469$6,224$4,499$3,206$2,258$739
29 years$8,089$5,872$4,186$2,940$2,039$635
30 years$7,735$5,545$3,899$2,698$1,842$546
31 years$7,405$5,242$3,635$2,478$1,665$470
32 years$7,095$4,960$3,392$2,277$1,507$404
33 years$6,805$4,697$3,167$2,094$1,363$348
34 years$6,533$4,452$2,959$1,927$1,234$299
35 years$6,277$4,223$2,766$1,774$1,118$257
36 years$6,035$4,008$2,588$1,633$1,013$221
37 years$5,807$3,807$2,422$1,505$918$191
38 years$5,592$3,618$2,268$1,387$832$164
39 years$5,388$3,440$2,125$1,279$755$141
40 years$5,195$3,273$1,992$1,180$685$122
41 years$5,012$3,115$1,868$1,088$621$105
42 years$4,838$2,967$1,752$1,005$564$90
43 years$4,672$2,827$1,644$927$512$78
44 years$4,515$2,695$1,543$856$464$67
45 years$4,365$2,570$1,449$791$421$58
46 years$4,222$2,451$1,361$730$383$50
47 years$4,085$2,339$1,279$675$348$43
48 years$3,954$2,233$1,202$624$316$37
49 years$3,830$2,133$1,129$576$287$32
50 years$3,710$2,037$1,062$533$260$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $3,800,000, adding $3,401 every year, while hoping to spend $20,739 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: 58/27/15 Blend
49$3,800,000$3,800,000$3,800,000$3,800,000
50$4,191,108$3,989,708$3,930,808$4,417,896
51$4,596,535$4,163,138$4,040,424$4,745,122
52$5,042,620$4,344,370$4,153,017$5,099,081
53$5,533,489$4,533,766$4,268,665$5,484,451
54$6,073,688$4,731,703$4,387,447$5,904,257
55$6,668,223$4,938,576$4,509,446$6,361,825
56$7,322,614$5,154,798$4,634,745$6,860,812
57$8,042,942$5,380,804$4,763,430$7,405,240
58$8,835,906$5,617,047$4,895,589$7,999,535
59$9,708,888$5,864,003$5,031,311$8,648,562
60$10,670,024$6,122,168$5,170,689$9,357,678
61$11,728,276$6,392,064$5,313,817$10,132,773
62$12,893,523$6,674,238$5,460,792$10,980,331
63$14,176,647$6,969,260$5,611,714$11,907,484
64$15,589,641$7,277,730$5,766,682$12,922,083
65$17,145,720$7,600,275$5,925,802$14,032,769
66$18,859,447$7,937,552$6,089,180$15,249,052
67$20,746,867$8,290,248$6,256,923$16,581,400
68$22,825,662$8,659,085$6,429,145$18,041,335
69$25,115,316$9,044,817$6,605,958$19,641,543
70$27,637,300$9,448,235$6,787,480$21,395,989
71$30,415,274$9,870,167$6,973,829$23,320,048
72$33,475,309$10,311,482$7,165,129$25,430,650
73$36,846,134$10,773,088$7,361,504$27,746,433
74$40,559,407$11,255,938$7,563,083$30,287,923
75$44,650,017$11,761,029$7,769,996$33,077,720
76$49,156,405$12,289,405$7,982,378$36,140,713
77$54,120,936$12,842,164$8,200,365$39,504,311
78$59,590,292$13,420,450$8,424,097$43,198,697
79$65,615,916$14,025,467$8,653,719$47,257,116
80$72,254,498$14,658,473$8,889,377$51,716,179
81$79,568,506$15,320,788$9,131,221$56,616,212
82$87,626,781$16,013,794$9,379,404$62,001,630
83$96,505,182$16,738,939$9,634,083$67,921,354
84$106,287,304$17,497,741$9,895,419$74,429,269
85$117,065,269$18,291,790$10,163,575$81,584,733
86$128,940,591$19,122,752$10,438,719$89,453,125
87$142,025,137$19,992,373$10,721,023$98,106,470
88$156,442,185$20,902,483$11,010,660$107,624,106
89$172,327,582$21,854,998$11,307,811$118,093,433
90$189,831,030$22,851,928$11,612,658$129,610,731
91$209,117,500$23,895,378$11,925,387$142,282,069
92$230,368,787$24,987,553$12,246,189$156,224,296
93$253,785,226$26,130,766$12,575,260$171,566,146
94$279,587,585$27,327,439$12,912,796$188,449,440
95$308,019,146$28,580,112$13,259,003$207,030,426
96$339,348,007$29,891,444$13,614,087$227,481,247
97$373,869,604$31,264,226$13,978,260$249,991,557
98$411,909,510$32,701,379$14,351,738$274,770,311
99$453,826,500$34,205,967$14,734,741$302,047,725
100$500,015,943$35,781,200$15,127,495$332,077,448