Can I retire at age 50 with 4,000,000?

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 $4,000,000?

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$330,316$327,374$324,503$321,702$318,966$311,761
2 years$163,523$160,477$157,526$154,664$151,888$144,669
3 years$107,932$104,874$101,930$99,095$96,364$89,355
4 years$80,143$77,093$74,179$71,392$68,728$61,983
5 years$63,473$60,442$57,566$54,836$52,246$45,784
6 years$52,364$49,356$46,522$43,853$41,340$35,168
7 years$44,431$41,449$38,660$36,054$33,621$27,739
8 years$38,485$35,529$32,787$30,245$27,892$22,299
9 years$33,863$30,935$28,239$25,762$23,489$18,181
10 years$30,167$27,267$24,619$22,207$20,014$14,984
11 years$27,145$24,274$21,675$19,327$17,212$12,455
12 years$24,628$21,787$19,236$16,952$14,916$10,423
13 years$22,501$19,689$17,186$14,966$13,007$8,770
14 years$20,678$17,897$15,441$13,285$11,402$7,413
15 years$19,101$16,349$13,942$11,848$10,039$6,289
16 years$17,722$15,000$12,640$10,609$8,873$5,351
17 years$16,506$13,815$11,502$9,532$7,867$4,565
18 years$15,426$12,765$10,500$8,590$6,995$3,903
19 years$14,462$11,831$9,612$7,762$6,235$3,343
20 years$13,595$10,994$8,821$7,030$5,569$2,868
21 years$12,811$10,240$8,114$6,380$4,984$2,463
22 years$12,100$9,559$7,478$5,801$4,467$2,118
23 years$11,451$8,940$6,905$5,283$4,010$1,823
24 years$10,858$8,376$6,386$4,818$3,604$1,571
25 years$10,313$7,861$5,915$4,400$3,243$1,354
26 years$9,810$7,388$5,486$4,024$2,921$1,168
27 years$9,346$6,953$5,094$3,683$2,634$1,008
28 years$8,915$6,552$4,735$3,374$2,377$870
29 years$8,515$6,181$4,407$3,094$2,146$752
30 years$8,142$5,837$4,105$2,840$1,939$649
31 years$7,794$5,518$3,827$2,608$1,753$561
32 years$7,469$5,221$3,570$2,397$1,586$485
33 years$7,163$4,945$3,334$2,204$1,435$419
34 years$6,877$4,686$3,115$2,028$1,299$363
35 years$6,607$4,445$2,912$1,867$1,177$314
36 years$6,353$4,219$2,724$1,719$1,066$271
37 years$6,113$4,007$2,550$1,584$966$235
38 years$5,886$3,808$2,388$1,460$876$203
39 years$5,672$3,621$2,237$1,346$795$176
40 years$5,469$3,445$2,097$1,242$721$152
41 years$5,276$3,279$1,966$1,146$654$132
42 years$5,093$3,123$1,844$1,057$593$114
43 years$4,918$2,976$1,731$976$538$99
44 years$4,753$2,837$1,624$901$489$85
45 years$4,595$2,705$1,525$832$444$74
46 years$4,444$2,580$1,433$769$403$64
47 years$4,300$2,462$1,346$710$366$55
48 years$4,163$2,351$1,265$656$332$48
49 years$4,031$2,245$1,189$607$302$41
50 years$3,905$2,144$1,118$561$274$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $4,000,000, adding $6,793 every year, while hoping to spend $39,611 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: 43/37/20 Blend
49$4,000,000$4,000,000$4,000,000$4,000,000
50$4,415,007$4,203,007$4,141,007$4,578,873
51$4,823,192$4,366,809$4,237,585$4,859,211
52$5,271,684$4,537,309$4,336,071$5,158,358
53$5,764,553$4,714,794$4,436,486$5,481,646
54$6,306,282$4,899,564$4,538,853$5,831,321
55$6,901,810$5,091,930$4,643,192$6,209,848
56$7,556,580$5,292,219$4,749,524$6,619,937
57$8,276,585$5,500,772$4,857,867$7,064,566
58$9,068,432$5,717,945$4,968,241$7,547,006
59$9,939,398$5,944,110$5,080,663$8,070,854
60$10,897,501$6,179,656$5,195,150$8,640,064
61$11,951,576$6,424,989$5,311,716$9,258,984
62$13,111,355$6,680,532$5,430,378$9,932,393
63$14,387,565$6,946,730$5,551,147$10,665,548
64$15,792,022$7,224,045$5,674,036$11,464,232
65$17,337,747$7,512,962$5,799,055$12,334,804
66$19,039,086$7,813,986$5,926,212$13,284,262
67$20,911,848$8,127,646$6,055,515$14,320,302
68$22,973,451$8,454,496$6,186,970$15,451,395
69$25,243,089$8,795,111$6,320,579$16,686,859
70$27,741,909$9,150,097$6,456,343$18,036,953
71$30,493,216$9,520,084$6,594,263$19,512,962
72$33,522,687$9,905,731$6,734,334$21,127,311
73$36,858,618$10,307,729$6,876,551$22,893,674
74$40,532,188$10,726,798$7,020,906$24,827,104
75$44,577,752$11,163,692$7,167,387$26,944,170
76$49,033,169$11,619,200$7,315,981$29,263,117
77$53,940,156$12,094,144$7,466,671$31,804,028
78$59,344,682$12,589,388$7,619,435$34,589,016
79$65,297,403$13,105,831$7,774,249$37,642,430
80$71,854,138$13,644,416$7,931,086$40,991,081
81$79,076,396$14,206,129$8,089,913$44,664,491
82$87,031,958$14,791,999$8,250,695$48,695,173
83$95,795,516$15,403,104$8,413,391$53,118,928
84$105,449,374$16,040,572$8,577,955$57,975,187
85$116,084,232$16,705,582$8,744,338$63,307,376
86$127,800,034$17,399,366$8,912,484$69,163,322
87$140,706,917$18,123,215$9,082,332$75,595,703
88$154,926,248$18,878,478$9,253,816$82,662,539
89$170,591,768$19,666,566$9,426,861$90,427,739
90$187,850,857$20,488,956$9,601,390$98,961,697
91$206,865,923$21,347,193$9,777,315$108,341,953
92$227,815,936$22,242,894$9,954,543$118,653,923
93$250,898,114$23,177,749$10,132,974$129,991,696
94$276,329,792$24,153,529$10,312,498$142,458,923
95$304,350,462$25,172,083$10,492,998$156,169,785
96$335,224,044$26,235,351$10,674,349$171,250,069
97$369,241,372$27,345,358$10,856,415$187,838,348
98$406,722,938$28,504,226$11,039,050$206,087,285
99$448,021,920$29,714,176$11,222,101$226,165,067
100$493,527,516$30,977,531$11,405,402$248,256,987