Can I retire at age 50 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$322,058$319,190$316,391$313,659$310,991$302,492
2 years$159,435$156,466$153,588$150,798$148,091$139,590
3 years$105,234$102,252$99,381$96,617$93,955$85,719
4 years$78,139$75,166$72,324$69,607$67,010$59,101
5 years$61,886$58,931$56,127$53,465$50,940$43,381
6 years$51,055$48,122$45,359$42,757$40,307$33,105
7 years$43,321$40,412$37,693$35,153$32,780$25,935
8 years$37,523$34,641$31,967$29,489$27,194$20,703
9 years$33,016$30,161$27,533$25,118$22,902$16,757
10 years$29,412$26,586$24,004$21,652$19,513$13,709
11 years$26,466$23,668$21,133$18,843$16,782$11,308
12 years$24,013$21,243$18,755$16,528$14,543$9,389
13 years$21,938$19,197$16,756$14,592$12,682$7,837
14 years$20,161$17,450$15,055$12,953$11,117$6,570
15 years$18,623$15,941$13,593$11,552$9,788$5,527
16 years$17,278$14,625$12,324$10,343$8,651$4,663
17 years$16,093$13,469$11,214$9,294$7,670$3,943
18 years$15,041$12,446$10,237$8,375$6,820$3,342
19 years$14,100$11,535$9,372$7,568$6,079$2,837
20 years$13,255$10,719$8,601$6,854$5,430$2,411
21 years$12,491$9,984$7,911$6,221$4,859$2,052
22 years$11,797$9,320$7,291$5,656$4,355$1,748
23 years$11,165$8,717$6,732$5,151$3,910$1,491
24 years$10,586$8,167$6,226$4,698$3,514$1,272
25 years$10,055$7,664$5,767$4,290$3,162$1,086
26 years$9,565$7,203$5,348$3,923$2,848$928
27 years$9,112$6,779$4,966$3,591$2,568$793
28 years$8,692$6,388$4,617$3,290$2,317$678
29 years$8,302$6,026$4,296$3,017$2,092$580
30 years$7,939$5,691$4,002$2,769$1,891$496
31 years$7,599$5,380$3,731$2,543$1,709$424
32 years$7,282$5,091$3,481$2,337$1,546$363
33 years$6,984$4,821$3,250$2,149$1,399$311
34 years$6,705$4,569$3,037$1,977$1,267$266
35 years$6,442$4,334$2,839$1,820$1,147$228
36 years$6,194$4,113$2,656$1,676$1,040$195
37 years$5,960$3,907$2,486$1,545$942$167
38 years$5,739$3,713$2,328$1,424$854$143
39 years$5,530$3,531$2,181$1,313$775$123
40 years$5,332$3,359$2,044$1,211$703$105
41 years$5,144$3,197$1,917$1,117$637$90
42 years$4,965$3,045$1,798$1,031$578$77
43 years$4,795$2,901$1,687$952$525$66
44 years$4,634$2,766$1,584$879$477$57
45 years$4,480$2,637$1,487$812$433$48
46 years$4,333$2,516$1,397$750$393$42
47 years$4,193$2,401$1,312$693$357$36
48 years$4,059$2,292$1,233$640$324$30
49 years$3,930$2,189$1,159$591$294$26
50 years$3,808$2,091$1,090$547$267$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $3,900,000, adding $3,605 every year, while hoping to spend $55,939 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: 83/5/12 Blend
49$3,900,000$3,900,000$3,900,000$3,900,000
50$4,301,519$4,094,819$4,034,369$4,649,204
51$4,680,755$4,235,946$4,110,001$5,018,621
52$5,096,798$4,382,114$4,186,293$5,416,458
53$5,553,344$4,533,510$4,263,206$5,851,698
54$6,054,463$4,690,330$4,340,701$6,328,070
55$6,604,639$4,852,776$4,418,735$6,849,679
56$7,208,809$5,021,060$4,497,260$7,421,048
57$7,872,416$5,195,400$4,576,227$8,047,160
58$8,601,453$5,376,025$4,655,581$8,733,502
59$9,402,522$5,563,171$4,735,263$9,486,117
60$10,282,897$5,757,084$4,815,212$10,311,666
61$11,250,592$5,958,020$4,895,361$11,217,483
62$12,314,435$6,166,246$4,975,639$12,211,648
63$13,484,153$6,382,038$5,055,968$13,303,064
64$14,770,462$6,605,683$5,136,269$14,501,536
65$16,185,169$6,837,481$5,216,453$15,817,870
66$17,741,281$7,077,744$5,296,430$17,263,968
67$19,453,132$7,326,793$5,376,101$18,852,945
68$21,336,512$7,584,967$5,455,361$20,599,249
69$23,408,821$7,852,614$5,534,099$22,518,800
70$25,689,228$8,130,100$5,612,199$24,629,136
71$28,198,857$8,417,803$5,689,536$26,949,582
72$30,960,983$8,716,117$5,765,977$29,501,432
73$34,001,249$9,025,452$5,841,383$32,308,146
74$37,347,913$9,346,236$5,915,606$35,395,574
75$41,032,110$9,678,912$5,988,490$38,792,199
76$45,088,149$10,023,943$6,059,868$42,529,405
77$49,553,833$10,381,809$6,129,566$46,641,772
78$54,470,818$10,753,011$6,197,401$51,167,407
79$59,885,004$11,138,071$6,263,176$56,148,294
80$65,846,969$11,537,531$6,326,687$61,630,701
81$72,412,445$11,951,956$6,387,716$67,665,605
82$79,642,847$12,381,934$6,446,037$74,309,182
83$87,605,846$12,828,077$6,501,408$81,623,333
84$96,376,012$13,291,023$6,553,575$89,676,266
85$106,035,519$13,771,436$6,602,273$98,543,143
86$116,674,913$14,270,008$6,647,221$108,306,786
87$128,393,975$14,787,459$6,688,123$119,058,462
88$141,302,654$15,324,539$6,724,669$130,898,739
89$155,522,113$15,882,029$6,756,533$143,938,439
90$171,185,863$16,460,743$6,783,372$158,299,682
91$188,441,032$17,061,531$6,804,826$174,117,040
92$207,449,746$17,685,274$6,820,516$191,538,802
93$228,390,662$18,332,894$6,830,046$210,728,379
94$251,460,654$19,005,351$6,832,997$231,865,843
95$276,876,671$19,703,644$6,828,933$255,149,627
96$304,877,784$20,428,814$6,817,394$280,798,397
97$335,727,440$21,181,948$6,797,899$309,053,118
98$369,715,952$21,964,177$6,769,942$340,179,323
99$407,163,239$22,776,682$6,732,995$374,469,626
100$448,421,842$23,620,691$6,686,502$412,246,479