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

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 $4,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$355,090$351,927$348,841$345,829$342,888$337,069
2 years$175,787$172,513$169,340$166,264$163,280$157,435
3 years$116,027$112,739$109,574$106,527$103,592$97,903
4 years$86,153$82,875$79,742$76,747$73,882$68,394
5 years$68,234$64,975$61,883$58,949$56,164$50,892
6 years$56,291$53,057$50,011$47,142$44,441$39,391
7 years$47,764$44,557$41,559$38,758$36,142$31,315
8 years$41,371$38,194$35,245$32,513$29,984$25,379
9 years$36,402$33,255$30,357$27,694$25,250$20,866
10 years$32,429$29,312$26,466$23,872$21,515$17,346
11 years$29,181$26,095$23,300$20,776$18,503$14,547
12 years$26,475$23,422$20,678$18,223$16,035$12,284
13 years$24,188$21,166$18,475$16,089$13,982$10,433
14 years$22,229$19,239$16,600$14,282$12,257$8,902
15 years$20,533$17,576$14,987$12,737$10,792$7,626
16 years$19,051$16,125$13,588$11,404$9,538$6,553
17 years$17,744$14,851$12,365$10,247$8,457$5,647
18 years$16,583$13,723$11,287$9,234$7,520$4,878
19 years$15,546$12,718$10,333$8,344$6,702$4,222
20 years$14,614$11,818$9,483$7,557$5,987$3,660
21 years$13,772$11,008$8,723$6,859$5,357$3,177
22 years$13,007$10,276$8,039$6,236$4,802$2,762
23 years$12,310$9,611$7,423$5,679$4,311$2,403
24 years$11,672$9,005$6,865$5,180$3,875$2,093
25 years$11,086$8,450$6,358$4,731$3,487$1,825
26 years$10,546$7,942$5,897$4,325$3,141$1,592
27 years$10,047$7,474$5,476$3,959$2,831$1,389
28 years$9,584$7,043$5,090$3,627$2,555$1,213
29 years$9,154$6,644$4,737$3,326$2,307$1,060
30 years$8,753$6,275$4,412$3,053$2,085$926
31 years$8,379$5,932$4,114$2,804$1,885$810
32 years$8,029$5,613$3,838$2,577$1,705$708
33 years$7,701$5,315$3,584$2,369$1,543$620
34 years$7,393$5,038$3,348$2,180$1,397$542
35 years$7,103$4,778$3,130$2,007$1,265$475
36 years$6,829$4,535$2,928$1,848$1,146$415
37 years$6,572$4,307$2,741$1,703$1,039$364
38 years$6,328$4,094$2,567$1,570$942$318
39 years$6,097$3,893$2,405$1,447$854$279
40 years$5,879$3,704$2,254$1,335$775$244
41 years$5,671$3,525$2,114$1,232$703$214
42 years$5,475$3,357$1,983$1,137$638$187
43 years$5,287$3,199$1,860$1,049$579$164
44 years$5,109$3,049$1,746$969$525$144
45 years$4,939$2,908$1,640$895$477$126
46 years$4,777$2,774$1,540$826$433$110
47 years$4,623$2,647$1,447$764$393$97
48 years$4,475$2,527$1,360$706$357$85
49 years$4,334$2,413$1,278$652$324$74
50 years$4,198$2,305$1,202$603$295$65

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 $2,582 every year, while hoping to spend $45,144 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: 64/7/29 Blend
49$4,300,000$4,300,000$4,300,000$4,300,000
50$4,741,263$4,513,363$4,446,713$5,007,872
51$5,176,839$4,686,485$4,547,645$5,362,014
52$5,655,331$4,866,577$4,650,446$5,743,639
53$6,181,068$5,053,933$4,755,129$6,159,686
54$6,758,821$5,248,859$4,861,709$6,613,546
55$7,393,843$5,451,676$4,970,200$7,108,954
56$8,091,926$5,662,718$5,080,611$7,650,021
57$8,859,445$5,882,335$5,192,955$8,241,273
58$9,703,429$6,110,890$5,307,240$8,887,697
59$10,631,620$6,348,765$5,423,473$9,594,783
60$11,652,547$6,596,356$5,541,661$10,368,578
61$12,775,608$6,854,079$5,661,809$11,215,742
62$14,011,159$7,122,367$5,783,918$12,143,611
63$15,370,607$7,401,673$5,907,989$13,160,265
64$16,866,524$7,692,470$6,034,022$14,274,605
65$18,512,760$7,995,252$6,162,012$15,496,433
66$20,324,577$8,310,534$6,291,954$16,836,551
67$22,318,789$8,638,856$6,423,840$18,306,855
68$24,513,926$8,980,780$6,557,659$19,920,451
69$26,930,403$9,336,895$6,693,398$21,691,778
70$29,590,717$9,707,816$6,831,039$23,636,742
71$32,519,656$10,094,184$6,970,564$25,772,866
72$35,744,532$10,496,671$7,111,950$28,119,458
73$39,295,445$10,915,978$7,255,170$30,697,788
74$43,205,556$11,352,837$7,400,195$33,531,291
75$47,511,412$11,808,015$7,546,990$36,645,787
76$52,253,279$12,282,311$7,695,518$40,069,724
77$57,475,532$12,776,562$7,845,736$43,834,448
78$63,227,066$13,291,643$7,997,598$47,974,493
79$69,561,760$13,828,468$8,151,051$52,527,912
80$76,538,988$14,387,991$8,306,039$57,536,632
81$84,224,174$14,971,211$8,462,501$63,046,851
82$92,689,412$15,579,173$8,620,367$69,109,473
83$102,014,147$16,212,968$8,779,564$75,780,586
84$112,285,924$16,873,737$8,940,013$83,121,993
85$123,601,211$17,562,673$9,101,626$91,201,796
86$136,066,314$18,281,023$9,264,311$100,095,032
87$149,798,377$19,030,093$9,427,965$109,884,387
88$164,926,491$19,811,246$9,592,480$120,660,973
89$181,592,905$20,625,910$9,757,740$132,525,187
90$199,954,376$21,475,574$9,923,620$145,587,659
91$220,183,646$22,361,801$10,089,985$159,970,294
92$242,471,071$23,286,222$10,256,692$175,807,423
93$267,026,416$24,250,543$10,423,587$193,247,071
94$294,080,840$25,256,549$10,590,507$212,452,352
95$323,889,074$26,306,108$10,757,277$233,603,006
96$356,731,826$27,401,174$10,923,712$256,897,100
97$392,918,429$28,543,788$11,089,613$282,552,892
98$432,789,765$29,736,090$11,254,771$310,810,893
99$476,721,476$30,980,314$11,418,962$341,936,134
100$525,127,518$32,278,801$11,581,948$376,220,670