Can I retire at age 50 with 4,300,000?

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 $4,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$355,090$351,927$348,841$345,829$342,888$329,284
2 years$175,787$172,513$169,340$166,264$163,280$149,742
3 years$116,027$112,739$109,574$106,527$103,592$90,547
4 years$86,153$82,875$79,742$76,747$73,882$61,430
5 years$68,234$64,975$61,883$58,949$56,164$44,336
6 years$56,291$53,057$50,011$47,142$44,441$33,244
7 years$47,764$44,557$41,559$38,758$36,142$25,573
8 years$41,371$38,194$35,245$32,513$29,984$20,031
9 years$36,402$33,255$30,357$27,694$25,250$15,900
10 years$32,429$29,312$26,466$23,872$21,515$12,748
11 years$29,181$26,095$23,300$20,776$18,503$10,299
12 years$26,475$23,422$20,678$18,223$16,035$8,372
13 years$24,188$21,166$18,475$16,089$13,982$6,837
14 years$22,229$19,239$16,600$14,282$12,257$5,605
15 years$20,533$17,576$14,987$12,737$10,792$4,610
16 years$19,051$16,125$13,588$11,404$9,538$3,800
17 years$17,744$14,851$12,365$10,247$8,457$3,139
18 years$16,583$13,723$11,287$9,234$7,520$2,598
19 years$15,546$12,718$10,333$8,344$6,702$2,152
20 years$14,614$11,818$9,483$7,557$5,987$1,785
21 years$13,772$11,008$8,723$6,859$5,357$1,482
22 years$13,007$10,276$8,039$6,236$4,802$1,232
23 years$12,310$9,611$7,423$5,679$4,311$1,024
24 years$11,672$9,005$6,865$5,180$3,875$852
25 years$11,086$8,450$6,358$4,731$3,487$709
26 years$10,546$7,942$5,897$4,325$3,141$590
27 years$10,047$7,474$5,476$3,959$2,831$492
28 years$9,584$7,043$5,090$3,627$2,555$409
29 years$9,154$6,644$4,737$3,326$2,307$341
30 years$8,753$6,275$4,412$3,053$2,085$284
31 years$8,379$5,932$4,114$2,804$1,885$237
32 years$8,029$5,613$3,838$2,577$1,705$197
33 years$7,701$5,315$3,584$2,369$1,543$165
34 years$7,393$5,038$3,348$2,180$1,397$137
35 years$7,103$4,778$3,130$2,007$1,265$114
36 years$6,829$4,535$2,928$1,848$1,146$95
37 years$6,572$4,307$2,741$1,703$1,039$80
38 years$6,328$4,094$2,567$1,570$942$66
39 years$6,097$3,893$2,405$1,447$854$55
40 years$5,879$3,704$2,254$1,335$775$46
41 years$5,671$3,525$2,114$1,232$703$38
42 years$5,475$3,357$1,983$1,137$638$32
43 years$5,287$3,199$1,860$1,049$579$27
44 years$5,109$3,049$1,746$969$525$22
45 years$4,939$2,908$1,640$895$477$19
46 years$4,777$2,774$1,540$826$433$16
47 years$4,623$2,647$1,447$764$393$13
48 years$4,475$2,527$1,360$706$357$11
49 years$4,334$2,413$1,278$652$324$9
50 years$4,198$2,305$1,202$603$295$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $4,300,000, adding $4,874 every year, while hoping to spend $49,847 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: 79/6/15 Blend
49$4,300,000$4,300,000$4,300,000$4,300,000
50$4,743,628$4,515,728$4,449,078$5,103,200
51$5,174,441$4,683,961$4,545,085$5,508,871
52$5,647,526$4,858,768$4,642,638$5,947,003
53$6,167,143$5,040,417$4,741,735$6,426,319
54$6,737,983$5,229,189$4,842,375$6,950,922
55$7,365,216$5,425,377$4,944,553$7,525,328
56$8,054,535$5,629,288$5,048,262$8,154,515
57$8,812,213$5,841,239$5,153,495$8,843,961
58$9,645,162$6,061,563$5,260,240$9,599,704
59$10,560,997$6,290,607$5,368,486$10,428,391
60$11,568,105$6,528,734$5,478,217$11,337,348
61$12,675,730$6,776,320$5,589,415$12,334,641
62$13,894,054$7,033,759$5,702,061$13,429,158
63$15,234,298$7,301,463$5,816,130$14,630,688
64$16,708,822$7,579,861$5,931,596$15,950,017
65$18,331,248$7,869,400$6,048,431$17,399,025
66$20,116,582$8,170,548$6,166,600$18,990,803
67$22,081,360$8,483,791$6,286,068$20,739,771
68$24,243,801$8,809,639$6,406,793$22,661,817
69$26,623,981$9,148,624$6,528,733$24,774,443
70$29,244,019$9,501,299$6,651,838$27,096,937
71$32,128,290$9,868,243$6,776,055$29,650,544
72$35,303,649$10,250,061$6,901,327$32,458,675
73$38,799,691$10,647,384$7,027,591$35,547,125
74$42,649,024$11,060,870$7,154,780$38,944,312
75$46,887,580$11,491,208$7,282,820$42,681,551
76$51,554,951$11,939,115$7,411,633$46,793,343
77$56,694,767$12,405,342$7,541,133$51,317,705
78$62,355,102$12,890,673$7,671,230$56,296,526
79$68,588,931$13,395,925$7,801,825$61,775,961
80$75,454,630$13,921,953$7,932,814$67,806,868
81$83,016,523$14,469,650$8,064,084$74,445,287
82$91,345,494$15,039,948$8,195,516$81,752,967
83$100,519,649$15,633,820$8,326,981$89,797,949
84$110,625,062$16,252,286$8,458,343$98,655,208
85$121,756,577$16,896,407$8,589,457$108,407,362
86$134,018,712$17,567,294$8,720,167$119,145,444
87$147,526,637$18,266,109$8,850,310$130,969,771
88$162,407,268$18,994,062$8,979,710$143,990,880
89$178,800,461$19,752,422$9,108,181$158,330,579
90$196,860,330$20,542,513$9,235,527$174,123,091
91$216,756,706$21,365,719$9,361,540$191,516,321
92$238,676,736$22,223,485$9,485,997$210,673,254
93$262,826,650$23,117,323$9,608,665$231,773,489
94$289,433,710$24,048,813$9,729,297$255,014,936
95$318,748,350$25,019,607$9,847,630$280,615,683
96$351,046,544$26,031,430$9,963,388$308,816,054
97$386,632,409$27,086,087$10,076,279$339,880,874
98$425,841,074$28,185,464$10,185,993$374,101,973
99$469,041,846$29,331,534$10,292,206$411,800,936
100$516,641,693$30,526,359$10,394,574$453,332,138