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%19.6%
1 years$355,090$351,927$348,841$345,829$342,888$329,674
2 years$175,787$172,513$169,340$166,264$163,280$150,125
3 years$116,027$112,739$109,574$106,527$103,592$90,909
4 years$86,153$82,875$79,742$76,747$73,882$61,769
5 years$68,234$64,975$61,883$58,949$56,164$44,651
6 years$56,291$53,057$50,011$47,142$44,441$33,536
7 years$47,764$44,557$41,559$38,758$36,142$25,842
8 years$41,371$38,194$35,245$32,513$29,984$20,278
9 years$36,402$33,255$30,357$27,694$25,250$16,126
10 years$32,429$29,312$26,466$23,872$21,515$12,953
11 years$29,181$26,095$23,300$20,776$18,503$10,486
12 years$26,475$23,422$20,678$18,223$16,035$8,540
13 years$24,188$21,166$18,475$16,089$13,982$6,989
14 years$22,229$19,239$16,600$14,282$12,257$5,742
15 years$20,533$17,576$14,987$12,737$10,792$4,732
16 years$19,051$16,125$13,588$11,404$9,538$3,910
17 years$17,744$14,851$12,365$10,247$8,457$3,237
18 years$16,583$13,723$11,287$9,234$7,520$2,684
19 years$15,546$12,718$10,333$8,344$6,702$2,229
20 years$14,614$11,818$9,483$7,557$5,987$1,854
21 years$13,772$11,008$8,723$6,859$5,357$1,543
22 years$13,007$10,276$8,039$6,236$4,802$1,285
23 years$12,310$9,611$7,423$5,679$4,311$1,071
24 years$11,672$9,005$6,865$5,180$3,875$893
25 years$11,086$8,450$6,358$4,731$3,487$745
26 years$10,546$7,942$5,897$4,325$3,141$622
27 years$10,047$7,474$5,476$3,959$2,831$519
28 years$9,584$7,043$5,090$3,627$2,555$433
29 years$9,154$6,644$4,737$3,326$2,307$362
30 years$8,753$6,275$4,412$3,053$2,085$302
31 years$8,379$5,932$4,114$2,804$1,885$253
32 years$8,029$5,613$3,838$2,577$1,705$211
33 years$7,701$5,315$3,584$2,369$1,543$176
34 years$7,393$5,038$3,348$2,180$1,397$147
35 years$7,103$4,778$3,130$2,007$1,265$123
36 years$6,829$4,535$2,928$1,848$1,146$103
37 years$6,572$4,307$2,741$1,703$1,039$86
38 years$6,328$4,094$2,567$1,570$942$72
39 years$6,097$3,893$2,405$1,447$854$60
40 years$5,879$3,704$2,254$1,335$775$50
41 years$5,671$3,525$2,114$1,232$703$42
42 years$5,475$3,357$1,983$1,137$638$35
43 years$5,287$3,199$1,860$1,049$579$29
44 years$5,109$3,049$1,746$969$525$25
45 years$4,939$2,908$1,640$895$477$21
46 years$4,777$2,774$1,540$826$433$17
47 years$4,623$2,647$1,447$764$393$14
48 years$4,475$2,527$1,360$706$357$12
49 years$4,334$2,413$1,278$652$324$10
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 $6,559 every year, while hoping to spend $23,105 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: 67/23/10 Blend
49$4,300,000$4,300,000$4,300,000$4,300,000
50$4,745,366$4,517,466$4,450,816$5,053,053
51$5,204,809$4,714,238$4,575,334$5,455,223
52$5,710,342$4,919,878$4,703,250$5,891,377
53$6,266,640$5,134,795$4,834,652$6,367,614
54$6,878,857$5,359,419$4,969,633$6,887,852
55$7,552,670$5,594,200$5,108,285$7,456,401
56$8,294,335$5,839,609$5,250,705$8,078,004
57$9,110,746$6,096,138$5,396,992$8,757,879
58$10,009,497$6,364,305$5,547,247$9,501,770
59$10,998,960$6,644,649$5,701,574$10,315,998
60$12,088,355$6,937,738$5,860,078$11,207,519
61$13,287,844$7,244,165$6,022,868$12,183,991
62$14,608,626$7,564,551$6,190,055$13,253,843
63$16,063,038$7,899,546$6,361,754$14,426,353
64$17,664,677$8,249,832$6,538,082$15,711,738
65$19,428,524$8,616,124$6,719,157$17,121,242
66$21,371,088$8,999,169$6,905,104$18,667,248
67$23,510,560$9,399,749$7,096,046$20,363,390
68$25,866,986$9,818,686$7,292,113$22,224,680
69$28,462,456$10,256,839$7,493,436$24,267,648
70$31,321,311$10,715,108$7,700,150$26,510,498
71$34,470,373$11,194,437$7,912,393$28,973,275
72$37,939,199$11,695,812$8,130,307$31,678,056
73$41,760,360$12,220,270$8,354,035$34,649,153
74$45,969,748$12,768,894$8,583,726$37,913,345
75$50,606,913$13,342,821$8,819,531$41,500,122
76$55,715,438$13,943,239$9,061,606$45,441,967
77$61,343,352$14,571,397$9,310,109$49,774,659
78$67,543,578$15,228,600$9,565,202$54,537,605
79$74,374,439$15,916,217$9,827,052$59,774,215
80$81,900,202$16,635,681$10,095,828$65,532,303
81$90,191,689$17,388,496$10,371,705$71,864,541
82$99,326,944$18,176,236$10,654,860$78,828,950
83$109,391,970$19,000,549$10,945,475$86,489,446
84$120,481,539$19,863,164$11,243,737$94,916,441
85$132,700,090$20,765,893$11,549,836$104,187,501
86$146,162,710$21,710,632$11,863,966$114,388,079
87$160,996,224$22,699,371$12,186,327$125,612,315
88$177,340,391$23,734,193$12,517,122$137,963,923
89$195,349,225$24,817,282$12,856,558$151,557,165
90$215,192,442$25,950,925$13,204,850$166,517,925
91$237,057,072$27,137,521$13,562,213$182,984,895
92$261,149,217$28,379,584$13,928,871$201,110,878
93$287,695,999$29,679,745$14,305,050$221,064,226
94$316,947,704$31,040,765$14,690,982$243,030,425
95$349,180,144$32,465,537$15,086,904$267,213,842
96$384,697,262$33,957,092$15,493,059$293,839,646
97$423,834,000$35,518,606$15,909,693$323,155,930
98$466,959,459$37,153,409$16,337,059$355,436,046
99$514,480,389$38,864,991$16,775,416$390,981,183
100$566,845,022$40,657,009$17,225,026$430,123,199