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

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 $3,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$313,800$311,005$308,278$305,616$303,017$299,355
2 years$155,347$152,454$149,650$146,931$144,294$140,608
3 years$102,536$99,630$96,833$94,140$91,546$87,951
4 years$76,135$73,239$70,470$67,823$65,291$61,816
5 years$60,299$57,420$54,687$52,094$49,633$46,287
6 years$49,745$46,888$44,196$41,660$39,273$36,059
7 years$42,210$39,376$36,727$34,251$31,940$28,860
8 years$36,561$33,753$31,147$28,732$26,497$23,551
9 years$32,169$29,388$26,827$24,474$22,314$19,501
10 years$28,658$25,904$23,388$21,097$19,013$16,331
11 years$25,787$23,061$20,591$18,360$16,352$13,798
12 years$23,397$20,698$18,274$16,104$14,170$11,742
13 years$21,376$18,705$16,326$14,218$12,357$10,051
14 years$19,645$17,002$14,669$12,621$10,832$8,646
15 years$18,146$15,532$13,244$11,256$9,537$7,467
16 years$16,835$14,250$12,008$10,078$8,429$6,471
17 years$15,681$13,124$10,927$9,055$7,474$5,624
18 years$14,655$12,127$9,975$8,161$6,645$4,900
19 years$13,739$11,239$9,131$7,374$5,923$4,278
20 years$12,915$10,444$8,380$6,678$5,291$3,742
21 years$12,171$9,728$7,708$6,061$4,734$3,278
22 years$11,495$9,081$7,104$5,511$4,244$2,875
23 years$10,879$8,493$6,560$5,019$3,809$2,525
24 years$10,315$7,958$6,067$4,578$3,424$2,220
25 years$9,797$7,468$5,619$4,180$3,081$1,954
26 years$9,320$7,019$5,211$3,822$2,775$1,721
27 years$8,878$6,605$4,839$3,499$2,502$1,516
28 years$8,469$6,224$4,499$3,206$2,258$1,337
29 years$8,089$5,872$4,186$2,940$2,039$1,180
30 years$7,735$5,545$3,899$2,698$1,842$1,041
31 years$7,405$5,242$3,635$2,478$1,665$919
32 years$7,095$4,960$3,392$2,277$1,507$812
33 years$6,805$4,697$3,167$2,094$1,363$718
34 years$6,533$4,452$2,959$1,927$1,234$634
35 years$6,277$4,223$2,766$1,774$1,118$561
36 years$6,035$4,008$2,588$1,633$1,013$496
37 years$5,807$3,807$2,422$1,505$918$439
38 years$5,592$3,618$2,268$1,387$832$388
39 years$5,388$3,440$2,125$1,279$755$343
40 years$5,195$3,273$1,992$1,180$685$304
41 years$5,012$3,115$1,868$1,088$621$269
42 years$4,838$2,967$1,752$1,005$564$238
43 years$4,672$2,827$1,644$927$512$211
44 years$4,515$2,695$1,543$856$464$186
45 years$4,365$2,570$1,449$791$421$165
46 years$4,222$2,451$1,361$730$383$146
47 years$4,085$2,339$1,279$675$348$129
48 years$3,954$2,233$1,202$624$316$114
49 years$3,830$2,133$1,129$576$287$101
50 years$3,710$2,037$1,062$533$260$90

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 $6,964 every year, while hoping to spend $31,754 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: 39/48/13 Blend
49$3,800,000$3,800,000$3,800,000$3,800,000
50$4,194,783$3,993,383$3,934,483$4,341,714
51$4,588,865$4,155,273$4,032,503$4,608,538
52$5,022,079$4,324,031$4,132,741$4,893,238
53$5,498,383$4,499,961$4,235,240$5,200,373
54$6,022,138$4,683,378$4,340,040$5,531,984
55$6,598,148$4,874,615$4,447,183$5,890,307
56$7,231,705$5,074,018$4,556,710$6,277,798
57$7,928,643$5,281,949$4,668,664$6,697,151
58$8,695,387$5,498,787$4,783,086$7,151,324
59$9,539,016$5,724,927$4,900,019$7,643,565
60$10,467,331$5,960,784$5,019,506$8,177,441
61$11,488,928$6,206,791$5,141,588$8,756,870
62$12,613,276$6,463,402$5,266,309$9,386,156
63$13,850,811$6,731,089$5,393,711$10,070,028
64$15,213,030$7,010,349$5,523,837$10,813,683
65$16,712,603$7,301,700$5,656,729$11,622,833
66$18,363,490$7,605,684$5,792,430$12,503,756
67$20,181,072$7,922,869$5,930,983$13,463,356
68$22,182,299$8,253,847$6,072,429$14,509,220
69$24,385,849$8,599,241$6,216,810$15,649,694
70$26,812,300$8,959,699$6,364,168$16,893,956
71$29,484,332$9,335,901$6,514,545$18,252,101
72$32,426,931$9,728,557$6,667,980$19,735,230
73$35,667,635$10,138,413$6,824,513$21,355,560
74$39,236,784$10,566,246$6,984,185$23,126,526
75$43,167,815$11,012,871$7,147,034$25,062,916
76$47,497,571$11,479,140$7,313,099$27,180,997
77$52,266,651$11,965,946$7,482,415$29,498,674
78$57,519,793$12,474,221$7,655,020$32,035,648
79$63,306,297$13,004,944$7,830,948$34,813,604
80$69,680,488$13,559,135$8,010,234$37,856,410
81$76,702,231$14,137,865$8,192,910$41,190,337
82$84,437,493$14,742,255$8,379,007$44,844,306
83$92,958,968$15,373,477$8,568,555$48,850,153
84$102,346,763$16,032,757$8,761,581$53,242,928
85$112,689,151$16,721,380$8,958,112$58,061,221
86$124,083,407$17,440,691$9,158,172$63,347,517
87$136,636,727$18,192,096$9,361,783$69,148,600
88$150,467,234$18,977,071$9,568,964$75,515,982
89$165,705,101$19,797,156$9,779,733$82,506,386
90$182,493,772$20,653,967$9,994,104$90,182,278
91$200,991,319$21,549,194$10,212,090$98,612,448
92$221,371,937$22,484,608$10,433,698$107,872,653
93$243,827,582$23,462,061$10,658,934$118,046,326
94$268,569,788$24,483,495$10,887,801$129,225,357
95$295,831,660$25,550,940$11,120,296$141,510,955
96$325,870,078$26,666,524$11,356,414$155,014,590
97$358,968,117$27,832,475$11,596,145$169,859,045
98$395,437,723$29,051,125$11,839,475$186,179,559
99$435,622,658$30,324,916$12,086,384$204,125,103
100$479,901,740$31,656,408$12,336,849$223,859,770