Can I retire at age 50 with 4,400,000?

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$363,348$360,111$356,954$353,872$350,862$337,608
2 years$179,875$176,525$173,278$170,131$167,077$153,878
3 years$118,726$115,361$112,123$109,004$106,001$93,271
4 years$88,157$84,803$81,597$78,531$75,601$63,438
5 years$69,820$66,486$63,322$60,320$57,470$45,906
6 years$57,600$54,291$51,174$48,238$45,474$34,517
7 years$48,875$45,594$42,526$39,659$36,983$26,628
8 years$42,334$39,082$36,065$33,269$30,681$20,920
9 years$37,249$34,028$31,063$28,338$25,838$16,656
10 years$33,183$29,994$27,081$24,428$22,015$13,397
11 years$29,859$26,702$23,842$21,259$18,934$10,859
12 years$27,091$23,966$21,159$18,647$16,407$8,856
13 years$24,751$21,658$18,904$16,463$14,308$7,258
14 years$22,746$19,687$16,986$14,614$12,542$5,971
15 years$21,011$17,984$15,336$13,033$11,043$4,928
16 years$19,494$16,500$13,904$11,670$9,760$4,077
17 years$18,156$15,196$12,652$10,485$8,654$3,381
18 years$16,969$14,042$11,550$9,449$7,694$2,808
19 years$15,908$13,014$10,573$8,538$6,858$2,335
20 years$14,954$12,093$9,704$7,733$6,126$1,945
21 years$14,092$11,264$8,925$7,018$5,482$1,621
22 years$13,310$10,515$8,226$6,381$4,914$1,352
23 years$12,597$9,834$7,595$5,811$4,411$1,129
24 years$11,944$9,214$7,024$5,300$3,965$943
25 years$11,344$8,647$6,506$4,841$3,568$788
26 years$10,791$8,127$6,034$4,426$3,214$658
27 years$10,280$7,648$5,603$4,051$2,897$550
28 years$9,807$7,207$5,209$3,712$2,614$460
29 years$9,367$6,799$4,847$3,404$2,361$385
30 years$8,956$6,421$4,515$3,124$2,133$322
31 years$8,574$6,070$4,209$2,869$1,928$270
32 years$8,216$5,743$3,927$2,637$1,744$226
33 years$7,880$5,439$3,667$2,425$1,579$189
34 years$7,564$5,155$3,426$2,231$1,429$158
35 years$7,268$4,889$3,203$2,054$1,295$132
36 years$6,988$4,641$2,997$1,891$1,173$111
37 years$6,724$4,408$2,805$1,743$1,063$93
38 years$6,475$4,189$2,627$1,606$964$78
39 years$6,239$3,983$2,461$1,481$874$65
40 years$6,015$3,790$2,306$1,366$793$55
41 years$5,803$3,607$2,163$1,260$719$46
42 years$5,602$3,436$2,029$1,163$653$38
43 years$5,410$3,273$1,904$1,074$592$32
44 years$5,228$3,120$1,787$991$538$27
45 years$5,054$2,975$1,678$916$488$22
46 years$4,888$2,838$1,576$846$443$19
47 years$4,730$2,709$1,481$781$402$16
48 years$4,579$2,586$1,391$722$365$13
49 years$4,434$2,469$1,308$667$332$11
50 years$4,296$2,359$1,229$617$301$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $4,400,000, adding $5,599 every year, while hoping to spend $20,575 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: 49/46/5 Blend
49$4,400,000$4,400,000$4,400,000$4,400,000
50$4,854,575$4,621,375$4,553,175$5,086,229
51$5,327,850$4,825,931$4,683,815$5,449,298
52$5,848,710$5,039,821$4,818,142$5,840,754
53$6,421,986$5,263,479$4,956,257$6,265,426
54$7,053,002$5,497,363$5,098,265$6,726,413
55$7,747,625$5,741,951$5,244,274$7,227,120
56$8,512,319$5,997,743$5,394,393$7,771,285
57$9,354,207$6,265,263$5,548,737$8,363,012
58$10,281,136$6,545,062$5,707,420$9,006,811
59$11,301,756$6,837,713$5,870,562$9,707,635
60$12,425,595$7,143,821$6,038,286$10,470,928
61$13,663,154$7,464,016$6,210,716$11,302,670
62$15,026,003$7,798,961$6,387,983$12,209,436
63$16,526,893$8,149,348$6,570,218$13,198,451
64$18,179,874$8,515,904$6,757,558$14,277,660
65$20,000,426$8,899,388$6,950,142$15,455,797
66$22,005,611$9,300,599$7,148,112$16,742,466
67$24,214,226$9,720,371$7,351,617$18,148,228
68$26,646,987$10,159,580$7,560,806$19,684,700
69$29,326,721$10,619,141$7,775,835$21,364,658
70$32,278,584$11,100,015$7,996,862$23,202,157
71$35,530,293$11,603,210$8,224,051$25,212,658
72$39,112,394$12,129,778$8,457,568$27,413,174
73$43,058,547$12,680,826$8,697,585$29,822,421
74$47,405,843$13,257,511$8,944,278$32,460,997
75$52,195,156$13,861,046$9,197,829$35,351,566
76$57,471,527$14,492,703$9,458,421$38,519,075
77$63,284,591$15,153,813$9,726,247$41,990,976
78$69,689,043$15,845,774$10,001,500$45,797,489
79$76,745,156$16,570,047$10,284,380$49,971,876
80$84,519,349$17,328,167$10,575,094$54,550,752
81$93,084,815$18,121,739$10,873,852$59,574,427
82$102,522,210$18,952,448$11,180,869$65,087,276
83$112,920,415$19,822,058$11,496,369$71,138,158
84$124,377,377$20,732,418$11,820,577$77,780,865
85$137,001,030$21,685,467$12,153,726$85,074,628
86$150,910,316$22,683,236$12,496,057$93,084,664
87$166,236,307$23,727,854$12,847,815$101,882,792
88$183,123,444$24,821,552$13,209,250$111,548,094
89$201,730,896$25,966,669$13,580,620$122,167,662
90$222,234,067$27,165,656$13,962,191$133,837,408
91$244,826,251$28,421,081$14,354,233$146,662,958
92$269,720,452$29,735,638$14,757,024$160,760,647
93$297,151,403$31,112,149$15,170,849$176,258,600
94$327,377,774$32,553,573$15,596,000$193,297,938
95$360,684,618$34,063,009$16,032,777$212,034,096
96$397,386,061$35,643,708$16,481,487$232,638,279
97$437,828,267$37,299,077$16,942,445$255,299,070
98$482,392,706$39,032,688$17,415,972$280,224,195
99$531,499,756$40,848,283$17,902,401$307,642,473
100$585,612,668$42,749,787$18,402,069$337,805,962