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

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$322,058$319,190$316,391$313,659$310,991$300,196
2 years$159,435$156,466$153,588$150,798$148,091$137,327
3 years$105,234$102,252$99,381$96,617$93,955$83,560
4 years$78,139$75,166$72,324$69,607$67,010$57,063
5 years$61,886$58,931$56,127$53,465$50,940$41,467
6 years$51,055$48,122$45,359$42,757$40,307$31,317
7 years$43,321$40,412$37,693$35,153$32,780$24,270
8 years$37,523$34,641$31,967$29,489$27,194$19,158
9 years$33,016$30,161$27,533$25,118$22,902$15,329
10 years$29,412$26,586$24,004$21,652$19,513$12,391
11 years$26,466$23,668$21,133$18,843$16,782$10,097
12 years$24,013$21,243$18,755$16,528$14,543$8,278
13 years$21,938$19,197$16,756$14,592$12,682$6,821
14 years$20,161$17,450$15,055$12,953$11,117$5,643
15 years$18,623$15,941$13,593$11,552$9,788$4,684
16 years$17,278$14,625$12,324$10,343$8,651$3,898
17 years$16,093$13,469$11,214$9,294$7,670$3,251
18 years$15,041$12,446$10,237$8,375$6,820$2,717
19 years$14,100$11,535$9,372$7,568$6,079$2,273
20 years$13,255$10,719$8,601$6,854$5,430$1,905
21 years$12,491$9,984$7,911$6,221$4,859$1,597
22 years$11,797$9,320$7,291$5,656$4,355$1,341
23 years$11,165$8,717$6,732$5,151$3,910$1,126
24 years$10,586$8,167$6,226$4,698$3,514$947
25 years$10,055$7,664$5,767$4,290$3,162$796
26 years$9,565$7,203$5,348$3,923$2,848$670
27 years$9,112$6,779$4,966$3,591$2,568$564
28 years$8,692$6,388$4,617$3,290$2,317$474
29 years$8,302$6,026$4,296$3,017$2,092$400
30 years$7,939$5,691$4,002$2,769$1,891$337
31 years$7,599$5,380$3,731$2,543$1,709$283
32 years$7,282$5,091$3,481$2,337$1,546$239
33 years$6,984$4,821$3,250$2,149$1,399$201
34 years$6,705$4,569$3,037$1,977$1,267$170
35 years$6,442$4,334$2,839$1,820$1,147$143
36 years$6,194$4,113$2,656$1,676$1,040$120
37 years$5,960$3,907$2,486$1,545$942$102
38 years$5,739$3,713$2,328$1,424$854$86
39 years$5,530$3,531$2,181$1,313$775$72
40 years$5,332$3,359$2,044$1,211$703$61
41 years$5,144$3,197$1,917$1,117$637$51
42 years$4,965$3,045$1,798$1,031$578$43
43 years$4,795$2,901$1,687$952$525$36
44 years$4,634$2,766$1,584$879$477$31
45 years$4,480$2,637$1,487$812$433$26
46 years$4,333$2,516$1,397$750$393$22
47 years$4,193$2,401$1,312$693$357$18
48 years$4,059$2,292$1,233$640$324$16
49 years$3,930$2,189$1,159$591$294$13
50 years$3,808$2,091$1,090$547$267$11

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 $2,523 every year, while hoping to spend $50,825 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: 46/30/24 Blend
49$3,900,000$3,900,000$3,900,000$3,900,000
50$4,300,402$4,093,702$4,033,252$4,468,475
51$4,684,966$4,240,216$4,114,289$4,733,574
52$5,107,052$4,392,206$4,196,337$5,015,839
53$5,570,433$4,549,886$4,279,376$5,321,078
54$6,079,267$4,713,480$4,363,385$5,651,463
55$6,638,132$4,883,221$4,448,338$6,009,382
56$7,252,073$5,059,351$4,534,209$6,397,463
57$7,926,647$5,242,121$4,620,968$6,818,594
58$8,667,976$5,431,796$4,708,581$7,275,953
59$9,482,804$5,628,648$4,797,013$7,773,037
60$10,378,561$5,832,963$4,886,224$8,313,692
61$11,363,433$6,045,037$4,976,171$8,902,151
62$12,446,440$6,265,180$5,066,809$9,543,071
63$13,637,517$6,493,714$5,158,088$10,241,579
64$14,947,612$6,730,975$5,249,952$11,003,317
65$16,388,788$6,977,312$5,342,345$11,834,495
66$17,974,335$7,233,091$5,435,204$12,741,950
67$19,718,894$7,498,689$5,528,460$13,733,206
68$21,638,601$7,774,505$5,622,043$14,816,550
69$23,751,231$8,060,949$5,715,875$16,001,104
70$26,076,373$8,358,452$5,809,873$17,296,912
71$28,635,609$8,667,462$5,903,950$18,715,034
72$31,452,720$8,988,446$5,998,011$20,267,648
73$34,553,908$9,321,890$6,091,955$21,968,167
74$37,968,048$9,668,304$6,185,676$23,831,361
75$41,726,953$10,028,215$6,279,061$25,873,495
76$45,865,681$10,402,177$6,371,988$28,112,484
77$50,422,861$10,790,763$6,464,330$30,568,059
78$55,441,057$11,194,576$6,555,950$33,261,954
79$60,967,174$11,614,239$6,646,703$36,218,106
80$67,052,896$12,050,406$6,736,438$39,462,883
81$73,755,174$12,503,759$6,824,991$43,025,328
82$81,136,765$12,975,006$6,912,191$46,937,436
83$89,266,823$13,464,890$6,997,858$51,234,450
84$98,221,551$13,974,182$7,081,799$55,955,196
85$108,084,921$14,503,689$7,163,811$61,142,444
86$118,949,466$15,054,252$7,243,681$66,843,313
87$130,917,150$15,626,749$7,321,183$73,109,711
88$144,100,336$16,222,096$7,396,079$79,998,827
89$158,622,839$16,841,248$7,468,117$87,573,664
90$174,621,103$17,485,204$7,537,033$95,903,636
91$192,245,480$18,155,003$7,602,548$105,065,219
92$211,661,654$18,851,733$7,664,368$115,142,671
93$233,052,202$19,576,527$7,722,184$126,228,824
94$256,618,319$20,330,570$7,775,670$138,425,960
95$282,581,716$21,115,096$7,824,483$151,846,774
96$311,186,712$21,931,397$7,868,264$166,615,432
97$342,702,540$22,780,819$7,906,635$182,868,745
98$377,425,888$23,664,768$7,939,196$200,757,455
99$415,683,700$24,584,713$7,965,530$220,447,653
100$457,836,260$25,542,186$7,985,198$242,122,350