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

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 $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%12.2%
1 years$330,316$327,374$324,503$321,702$318,966$316,029
2 years$163,523$160,477$157,526$154,664$151,888$148,930
3 years$107,932$104,874$101,930$99,095$96,364$93,475
4 years$80,143$77,093$74,179$71,392$68,728$65,931
5 years$63,473$60,442$57,566$54,836$52,246$49,549
6 years$52,364$49,356$46,522$43,853$41,340$38,747
7 years$44,431$41,449$38,660$36,054$33,621$31,132
8 years$38,485$35,529$32,787$30,245$27,892$25,507
9 years$33,863$30,935$28,239$25,762$23,489$21,208
10 years$30,167$27,267$24,619$22,207$20,014$17,835
11 years$27,145$24,274$21,675$19,327$17,212$15,135
12 years$24,628$21,787$19,236$16,952$14,916$12,937
13 years$22,501$19,689$17,186$14,966$13,007$11,124
14 years$20,678$17,897$15,441$13,285$11,402$9,613
15 years$19,101$16,349$13,942$11,848$10,039$8,342
16 years$17,722$15,000$12,640$10,609$8,873$7,264
17 years$16,506$13,815$11,502$9,532$7,867$6,344
18 years$15,426$12,765$10,500$8,590$6,995$5,555
19 years$14,462$11,831$9,612$7,762$6,235$4,874
20 years$13,595$10,994$8,821$7,030$5,569$4,286
21 years$12,811$10,240$8,114$6,380$4,984$3,774
22 years$12,100$9,559$7,478$5,801$4,467$3,328
23 years$11,451$8,940$6,905$5,283$4,010$2,939
24 years$10,858$8,376$6,386$4,818$3,604$2,598
25 years$10,313$7,861$5,915$4,400$3,243$2,298
26 years$9,810$7,388$5,486$4,024$2,921$2,035
27 years$9,346$6,953$5,094$3,683$2,634$1,804
28 years$8,915$6,552$4,735$3,374$2,377$1,599
29 years$8,515$6,181$4,407$3,094$2,146$1,419
30 years$8,142$5,837$4,105$2,840$1,939$1,260
31 years$7,794$5,518$3,827$2,608$1,753$1,119
32 years$7,469$5,221$3,570$2,397$1,586$994
33 years$7,163$4,945$3,334$2,204$1,435$883
34 years$6,877$4,686$3,115$2,028$1,299$785
35 years$6,607$4,445$2,912$1,867$1,177$698
36 years$6,353$4,219$2,724$1,719$1,066$621
37 years$6,113$4,007$2,550$1,584$966$553
38 years$5,886$3,808$2,388$1,460$876$492
39 years$5,672$3,621$2,237$1,346$795$438
40 years$5,469$3,445$2,097$1,242$721$390
41 years$5,276$3,279$1,966$1,146$654$347
42 years$5,093$3,123$1,844$1,057$593$309
43 years$4,918$2,976$1,731$976$538$275
44 years$4,753$2,837$1,624$901$489$245
45 years$4,595$2,705$1,525$832$444$218
46 years$4,444$2,580$1,433$769$403$194
47 years$4,300$2,462$1,346$710$366$173
48 years$4,163$2,351$1,265$656$332$154
49 years$4,031$2,245$1,189$607$302$137
50 years$3,905$2,144$1,118$561$274$122

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 $4,006 every year, while hoping to spend $22,816 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: 61/9/30 Blend
49$4,000,000$4,000,000$4,000,000$4,000,000
50$4,412,132$4,200,132$4,138,132$4,645,169
51$4,837,894$4,381,663$4,252,484$4,986,146
52$5,306,318$4,571,323$4,369,901$5,355,400
53$5,821,733$4,769,489$4,490,463$5,758,021
54$6,388,907$4,976,550$4,614,251$6,197,278
55$7,013,093$5,192,919$4,741,346$6,676,766
56$7,700,080$5,419,024$4,871,832$7,200,443
57$8,456,247$5,655,315$5,005,798$7,772,666
58$9,288,622$5,902,263$5,143,330$8,398,232
59$10,204,949$6,160,362$5,284,519$9,082,422
60$11,213,762$6,430,127$5,429,458$9,831,048
61$12,324,462$6,712,100$5,578,242$10,650,512
62$13,547,411$7,006,847$5,730,967$11,547,862
63$14,894,026$7,314,961$5,887,733$12,530,860
64$16,376,885$7,637,063$6,048,641$13,608,052
65$18,009,852$7,973,804$6,213,795$14,788,850
66$19,808,201$8,325,864$6,383,301$16,083,620
67$21,788,764$8,693,958$6,557,268$17,503,778
68$23,970,088$9,078,832$6,735,807$19,061,896
69$26,372,612$9,481,270$6,919,031$20,771,823
70$29,018,857$9,902,091$7,107,057$22,648,811
71$31,933,640$10,342,153$7,300,003$24,709,662
72$35,144,309$10,802,356$7,497,991$26,972,881
73$38,681,000$11,283,643$7,701,145$29,458,854
74$42,576,921$11,787,000$7,909,592$32,190,036
75$46,868,664$12,313,461$8,123,461$35,191,165
76$51,596,556$12,864,108$8,342,885$38,489,491
77$56,805,033$13,440,077$8,568,000$42,115,034
78$62,543,061$14,042,556$8,798,942$46,100,867
79$68,864,601$14,672,790$9,035,855$50,483,423
80$75,829,116$15,332,082$9,278,882$55,302,844
81$83,502,133$16,021,800$9,528,171$60,603,351
82$91,955,857$16,743,376$9,783,872$66,433,667
83$101,269,862$17,498,309$10,046,139$72,847,469
84$111,531,832$18,288,170$10,315,129$79,903,900
85$122,838,395$19,114,606$10,591,002$87,668,119
86$135,296,033$19,979,343$10,873,922$96,211,920
87$149,022,085$20,884,188$11,164,055$105,614,403
88$164,145,859$21,831,035$11,461,572$115,962,722
89$180,809,849$22,821,868$11,766,647$127,352,907
90$199,171,081$23,858,767$12,079,457$139,890,766
91$219,402,596$24,943,910$12,400,183$153,692,880
92$241,695,081$26,079,582$12,729,010$168,887,709
93$266,258,672$27,268,175$13,066,125$185,616,793
94$293,324,936$28,512,195$13,411,719$204,036,092
95$323,149,057$29,814,271$13,765,990$224,317,456
96$356,012,246$31,177,155$14,129,136$246,650,242
97$392,224,393$32,603,733$14,501,359$271,243,098
98$432,126,993$34,097,028$14,882,867$298,325,937
99$476,096,374$35,660,210$15,273,871$328,152,097
100$524,547,243$37,296,599$15,674,584$361,000,733