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%15.5%
1 years$313,800$311,005$308,278$305,616$303,017$296,173
2 years$155,347$152,454$149,650$146,931$144,294$137,435
3 years$102,536$99,630$96,833$94,140$91,546$84,887
4 years$76,135$73,239$70,470$67,823$65,291$58,883
5 years$60,299$57,420$54,687$52,094$49,633$43,494
6 years$49,745$46,888$44,196$41,660$39,273$33,410
7 years$42,210$39,376$36,727$34,251$31,940$26,352
8 years$36,561$33,753$31,147$28,732$26,497$21,184
9 years$32,169$29,388$26,827$24,474$22,314$17,272
10 years$28,658$25,904$23,388$21,097$19,013$14,235
11 years$25,787$23,061$20,591$18,360$16,352$11,832
12 years$23,397$20,698$18,274$16,104$14,170$9,902
13 years$21,376$18,705$16,326$14,218$12,357$8,332
14 years$19,645$17,002$14,669$12,621$10,832$7,042
15 years$18,146$15,532$13,244$11,256$9,537$5,974
16 years$16,835$14,250$12,008$10,078$8,429$5,084
17 years$15,681$13,124$10,927$9,055$7,474$4,337
18 years$14,655$12,127$9,975$8,161$6,645$3,708
19 years$13,739$11,239$9,131$7,374$5,923$3,176
20 years$12,915$10,444$8,380$6,678$5,291$2,724
21 years$12,171$9,728$7,708$6,061$4,734$2,340
22 years$11,495$9,081$7,104$5,511$4,244$2,012
23 years$10,879$8,493$6,560$5,019$3,809$1,732
24 years$10,315$7,958$6,067$4,578$3,424$1,492
25 years$9,797$7,468$5,619$4,180$3,081$1,286
26 years$9,320$7,019$5,211$3,822$2,775$1,109
27 years$8,878$6,605$4,839$3,499$2,502$957
28 years$8,469$6,224$4,499$3,206$2,258$827
29 years$8,089$5,872$4,186$2,940$2,039$714
30 years$7,735$5,545$3,899$2,698$1,842$617
31 years$7,405$5,242$3,635$2,478$1,665$533
32 years$7,095$4,960$3,392$2,277$1,507$461
33 years$6,805$4,697$3,167$2,094$1,363$398
34 years$6,533$4,452$2,959$1,927$1,234$345
35 years$6,277$4,223$2,766$1,774$1,118$298
36 years$6,035$4,008$2,588$1,633$1,013$258
37 years$5,807$3,807$2,422$1,505$918$223
38 years$5,592$3,618$2,268$1,387$832$193
39 years$5,388$3,440$2,125$1,279$755$167
40 years$5,195$3,273$1,992$1,180$685$145
41 years$5,012$3,115$1,868$1,088$621$125
42 years$4,838$2,967$1,752$1,005$564$108
43 years$4,672$2,827$1,644$927$512$94
44 years$4,515$2,695$1,543$856$464$81
45 years$4,365$2,570$1,449$791$421$70
46 years$4,222$2,451$1,361$730$383$61
47 years$4,085$2,339$1,279$675$348$53
48 years$3,954$2,233$1,202$624$316$46
49 years$3,830$2,133$1,129$576$287$39
50 years$3,710$2,037$1,062$533$260$34

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 $5,694 every year, while hoping to spend $40,248 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: 50/31/19 Blend
49$3,800,000$3,800,000$3,800,000$3,800,000
50$4,193,473$3,992,073$3,933,173$4,380,698
51$4,578,384$4,144,861$4,022,111$4,663,466
52$5,001,207$4,303,787$4,112,679$4,966,005
53$5,465,766$4,469,109$4,204,890$5,293,946
54$5,976,275$4,641,096$4,298,755$5,649,700
55$6,537,375$4,820,030$4,394,283$6,035,920
56$7,154,181$5,006,205$4,491,485$6,455,520
57$7,832,325$5,199,927$4,590,368$6,911,705
58$8,578,015$5,401,516$4,690,938$7,408,002
59$9,398,090$5,611,308$4,793,202$7,948,288
60$10,300,084$5,829,650$4,897,163$8,536,829
61$11,292,297$6,056,908$5,002,823$9,178,318
62$12,383,877$6,293,462$5,110,183$9,877,919
63$13,584,901$6,539,710$5,219,242$10,641,313
64$14,906,472$6,796,067$5,329,998$11,474,754
65$16,360,824$7,062,966$5,442,445$12,385,123
66$17,961,438$7,340,862$5,556,577$13,379,992
67$19,723,167$7,630,226$5,672,384$14,467,699
68$21,662,376$7,931,553$5,789,855$15,657,420
69$23,797,100$8,245,360$5,908,976$16,959,257
70$26,147,207$8,572,186$6,029,730$18,384,329
71$28,734,594$8,912,595$6,152,098$19,944,882
72$31,583,386$9,267,176$6,276,057$21,654,396
73$34,720,168$9,636,543$6,401,581$23,527,713
74$38,174,232$10,021,341$6,528,641$25,581,179
75$41,977,858$10,422,241$6,657,205$27,832,791
76$46,166,615$10,839,946$6,787,236$30,302,369
77$50,779,695$11,275,189$6,918,694$33,011,739
78$55,860,288$11,728,738$7,051,535$35,984,940
79$61,455,986$12,201,394$7,185,710$39,248,446
80$67,619,230$12,693,996$7,321,164$42,831,414
81$74,407,809$13,207,419$7,457,841$46,765,961
82$81,885,403$13,742,580$7,595,676$51,087,458
83$90,122,183$14,300,436$7,734,600$55,834,868
84$99,195,475$14,881,987$7,874,539$61,051,110
85$109,190,490$15,488,280$8,015,412$66,783,459
86$120,201,124$16,120,410$8,157,132$73,083,990
87$132,330,848$16,779,520$8,299,606$80,010,071
88$145,693,684$17,466,806$8,442,733$87,624,896
89$160,415,280$18,183,520$8,586,404$95,998,084
90$176,634,096$18,930,969$8,730,506$105,206,329
91$194,502,709$19,710,522$8,874,913$115,334,122
92$214,189,256$20,523,608$9,019,493$126,474,546
93$235,879,020$21,371,725$9,164,107$138,730,152
94$259,776,178$22,256,437$9,308,602$152,213,919
95$286,105,727$23,179,382$9,452,819$167,050,323
96$315,115,610$24,142,270$9,596,587$183,376,504
97$347,079,054$25,146,894$9,739,725$201,343,558
98$382,297,152$26,195,126$9,882,040$221,117,958
99$421,101,701$27,288,926$10,023,328$242,883,122
100$463,858,337$28,430,346$10,163,371$266,841,140