Can I retire at age 50 with 4,200,000?

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 $4,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$346,832$343,743$340,729$337,787$334,914$328,555
2 years$171,699$168,501$165,402$162,397$159,483$153,101
3 years$113,329$110,117$107,026$104,050$101,182$94,977
4 years$84,150$80,948$77,888$74,962$72,164$66,183
5 years$66,647$63,464$60,444$57,578$54,858$49,117
6 years$54,982$51,823$48,848$46,046$43,407$37,914
7 years$46,653$43,521$40,593$37,857$35,302$30,057
8 years$40,409$37,306$34,426$31,757$29,286$24,289
9 years$35,556$32,481$29,651$27,050$24,663$19,910
10 years$31,675$28,631$25,850$23,317$21,014$16,501
11 years$28,502$25,488$22,758$20,293$18,073$13,794
12 years$25,860$22,877$20,197$17,800$15,662$11,612
13 years$23,626$20,674$18,045$15,714$13,657$9,829
14 years$21,712$18,792$16,214$13,950$11,972$8,359
15 years$20,056$17,167$14,639$12,441$10,541$7,135
16 years$18,608$15,750$13,272$11,139$9,316$6,111
17 years$17,331$14,505$12,077$10,008$8,260$5,247
18 years$16,198$13,404$11,025$9,020$7,345$4,516
19 years$15,185$12,422$10,093$8,150$6,547$3,894
20 years$14,274$11,543$9,263$7,381$5,847$3,363
21 years$13,452$10,752$8,520$6,699$5,233$2,908
22 years$12,705$10,037$7,852$6,091$4,690$2,518
23 years$12,024$9,387$7,250$5,547$4,210$2,183
24 years$11,401$8,795$6,705$5,059$3,784$1,894
25 years$10,828$8,254$6,210$4,621$3,405$1,644
26 years$10,301$7,757$5,760$4,225$3,067$1,429
27 years$9,813$7,301$5,348$3,867$2,766$1,242
28 years$9,361$6,879$4,972$3,543$2,495$1,080
29 years$8,941$6,490$4,627$3,249$2,253$940
30 years$8,549$6,129$4,310$2,982$2,036$818
31 years$8,184$5,794$4,018$2,739$1,841$712
32 years$7,842$5,482$3,749$2,517$1,665$620
33 years$7,522$5,192$3,500$2,314$1,507$540
34 years$7,221$4,921$3,270$2,129$1,364$471
35 years$6,937$4,667$3,058$1,960$1,236$410
36 years$6,671$4,430$2,860$1,805$1,120$358
37 years$6,419$4,207$2,677$1,663$1,015$312
38 years$6,181$3,998$2,507$1,533$920$272
39 years$5,956$3,802$2,349$1,414$834$237
40 years$5,742$3,617$2,202$1,304$757$207
41 years$5,540$3,443$2,064$1,203$687$180
42 years$5,347$3,279$1,937$1,110$623$157
43 years$5,164$3,125$1,817$1,025$565$137
44 years$4,990$2,978$1,706$946$513$120
45 years$4,824$2,840$1,602$874$466$104
46 years$4,666$2,709$1,504$807$423$91
47 years$4,515$2,586$1,413$746$384$79
48 years$4,371$2,468$1,328$689$349$69
49 years$4,233$2,357$1,248$637$317$60
50 years$4,101$2,252$1,174$589$288$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $4,200,000, adding $3,853 every year, while hoping to spend $52,429 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: 49/44/7 Blend
49$4,200,000$4,200,000$4,200,000$4,200,000
50$4,632,374$4,409,774$4,344,674$4,850,787
51$5,049,093$4,570,069$4,434,437$5,160,701
52$5,506,559$4,736,461$4,525,449$5,491,238
53$6,008,874$4,909,194$4,617,698$5,849,012
54$6,560,556$5,088,521$4,711,167$6,236,580
55$7,166,580$5,274,707$4,805,840$6,656,748
56$7,832,430$5,468,026$4,901,694$7,112,604
57$8,564,145$5,668,766$4,998,708$7,607,539
58$9,368,378$5,877,226$5,096,854$8,145,282
59$10,252,459$6,093,717$5,196,106$8,729,934
60$11,224,465$6,318,564$5,296,430$9,366,002
61$12,293,292$6,552,106$5,397,793$10,058,446
62$13,468,744$6,794,695$5,500,155$10,812,718
63$14,761,620$7,046,699$5,603,474$11,634,817
64$16,183,820$7,308,502$5,707,705$12,531,343
65$17,748,455$7,580,503$5,812,798$13,509,557
66$19,469,969$7,863,120$5,918,699$14,577,447
67$21,364,280$8,156,787$6,025,350$15,743,805
68$23,448,925$8,461,958$6,132,687$17,018,304
69$25,743,226$8,779,105$6,240,643$18,411,593
70$28,268,475$9,108,721$6,349,144$19,935,391
71$31,048,132$9,451,320$6,458,113$21,602,598
72$34,108,046$9,807,440$6,567,465$23,427,413
73$37,476,702$10,177,639$6,677,109$25,425,470
74$41,185,483$10,562,501$6,786,950$27,613,978
75$45,268,974$10,962,636$6,896,885$30,011,886
76$49,765,283$11,378,678$7,006,804$32,640,057
77$54,716,399$11,811,291$7,116,589$35,521,462
78$60,168,594$12,261,166$7,226,117$38,681,397
79$66,172,852$12,729,025$7,335,254$42,147,717
80$72,785,358$13,215,622$7,443,860$45,951,098
81$80,068,020$13,721,743$7,551,784$50,125,322
82$88,089,058$14,248,208$7,658,869$54,707,593
83$96,923,645$14,795,874$7,764,945$59,738,888
84$106,654,620$15,365,635$7,869,834$65,264,337
85$117,373,265$15,958,425$7,973,346$71,333,649
86$129,180,167$16,575,217$8,075,283$78,001,573
87$142,186,170$17,217,029$8,175,431$85,328,420
88$156,513,419$17,884,923$8,273,567$93,380,617
89$172,296,512$18,580,007$8,369,456$102,231,341
90$189,683,770$19,303,441$8,462,846$111,961,198
91$208,838,638$20,056,434$8,553,475$122,658,987
92$229,941,227$20,840,247$8,641,064$134,422,525
93$253,190,012$21,656,200$8,725,321$147,359,574
94$278,803,710$22,505,670$8,805,935$161,588,850
95$307,023,337$23,390,096$8,882,583$177,241,138
96$338,114,488$24,310,981$8,954,920$194,460,522
97$372,369,841$25,269,895$9,022,585$213,405,744
98$410,111,923$26,268,477$9,085,199$234,251,689
99$451,696,147$27,308,441$9,142,362$257,191,038
100$497,514,177$28,391,577$9,193,653$282,436,075