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

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$363,348$360,111$356,954$353,872$350,862$342,798
2 years$179,875$176,525$173,278$170,131$167,077$158,997
3 years$118,726$115,361$112,123$109,004$106,001$98,157
4 years$88,157$84,803$81,597$78,531$75,601$68,054
5 years$69,820$66,486$63,322$60,320$57,470$50,242
6 years$57,600$54,291$51,174$48,238$45,474$38,572
7 years$48,875$45,594$42,526$39,659$36,983$30,407
8 years$42,334$39,082$36,065$33,269$30,681$24,429
9 years$37,249$34,028$31,063$28,338$25,838$19,905
10 years$33,183$29,994$27,081$24,428$22,015$16,396
11 years$29,859$26,702$23,842$21,259$18,934$13,619
12 years$27,091$23,966$21,159$18,647$16,407$11,390
13 years$24,751$21,658$18,904$16,463$14,308$9,578
14 years$22,746$19,687$16,986$14,614$12,542$8,090
15 years$21,011$17,984$15,336$13,033$11,043$6,858
16 years$19,494$16,500$13,904$11,670$9,760$5,832
17 years$18,156$15,196$12,652$10,485$8,654$4,971
18 years$16,969$14,042$11,550$9,449$7,694$4,247
19 years$15,908$13,014$10,573$8,538$6,858$3,635
20 years$14,954$12,093$9,704$7,733$6,126$3,116
21 years$14,092$11,264$8,925$7,018$5,482$2,675
22 years$13,310$10,515$8,226$6,381$4,914$2,298
23 years$12,597$9,834$7,595$5,811$4,411$1,976
24 years$11,944$9,214$7,024$5,300$3,965$1,701
25 years$11,344$8,647$6,506$4,841$3,568$1,465
26 years$10,791$8,127$6,034$4,426$3,214$1,263
27 years$10,280$7,648$5,603$4,051$2,897$1,089
28 years$9,807$7,207$5,209$3,712$2,614$940
29 years$9,367$6,799$4,847$3,404$2,361$811
30 years$8,956$6,421$4,515$3,124$2,133$700
31 years$8,574$6,070$4,209$2,869$1,928$604
32 years$8,216$5,743$3,927$2,637$1,744$522
33 years$7,880$5,439$3,667$2,425$1,579$451
34 years$7,564$5,155$3,426$2,231$1,429$390
35 years$7,268$4,889$3,203$2,054$1,295$337
36 years$6,988$4,641$2,997$1,891$1,173$291
37 years$6,724$4,408$2,805$1,743$1,063$252
38 years$6,475$4,189$2,627$1,606$964$218
39 years$6,239$3,983$2,461$1,481$874$188
40 years$6,015$3,790$2,306$1,366$793$163
41 years$5,803$3,607$2,163$1,260$719$141
42 years$5,602$3,436$2,029$1,163$653$122
43 years$5,410$3,273$1,904$1,074$592$105
44 years$5,228$3,120$1,787$991$538$91
45 years$5,054$2,975$1,678$916$488$79
46 years$4,888$2,838$1,576$846$443$68
47 years$4,730$2,709$1,481$781$402$59
48 years$4,579$2,586$1,391$722$365$51
49 years$4,434$2,469$1,308$667$332$44
50 years$4,296$2,359$1,229$617$301$38

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 $4,394 every year, while hoping to spend $20,779 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: 45/28/27 Blend
49$4,400,000$4,400,000$4,400,000$4,400,000
50$4,853,332$4,620,132$4,551,932$5,033,676
51$5,326,264$4,824,410$4,682,313$5,366,414
52$5,846,737$5,038,001$4,816,366$5,724,707
53$6,419,581$5,261,340$4,954,191$6,112,888
54$7,050,114$5,494,881$5,095,892$6,533,757
55$7,744,197$5,739,101$5,241,575$6,990,390
56$8,508,288$5,994,500$5,391,351$7,486,167
57$9,349,502$6,261,600$5,545,330$8,024,801
58$10,275,682$6,540,949$5,703,630$8,610,374
59$11,295,467$6,833,121$5,866,367$9,247,373
60$12,418,378$7,138,717$6,033,663$9,940,728
61$13,654,905$7,458,366$6,205,643$10,695,862
62$15,016,608$7,792,729$6,382,434$11,518,738
63$16,516,225$8,142,495$6,564,169$12,415,911
64$18,167,792$8,508,390$6,750,981$13,394,592
65$19,986,777$8,891,172$6,943,009$14,462,713
66$21,990,224$9,291,634$7,140,395$15,629,000
67$24,196,913$9,710,611$7,343,285$16,903,050
68$26,627,540$10,148,973$7,551,827$18,295,425
69$29,304,912$10,607,635$7,766,176$19,817,746
70$32,254,158$11,087,555$7,986,488$21,482,800
71$35,502,972$11,589,735$8,212,926$23,304,660
72$39,081,871$12,115,227$8,445,654$25,298,813
73$43,024,481$12,665,132$8,684,842$27,482,308
74$47,367,859$13,240,605$8,930,666$29,873,908
75$52,152,841$13,842,855$9,183,303$32,494,268
76$57,424,425$14,473,149$9,442,938$35,366,127
77$63,232,198$15,132,815$9,709,759$38,514,517
78$69,630,804$15,823,246$9,983,958$41,967,000
79$76,680,460$16,545,898$10,265,734$45,753,920
80$84,447,520$17,302,300$10,555,289$49,908,689
81$93,005,109$18,094,055$10,852,833$54,468,097
82$102,433,806$18,922,839$11,158,579$59,472,657
83$112,822,408$19,790,413$11,472,746$64,966,980
84$124,268,770$20,698,619$11,795,558$71,000,197
85$136,880,722$21,649,388$12,127,247$77,626,414
86$150,777,094$22,644,747$12,468,048$84,905,217
87$166,088,834$23,686,816$12,818,204$92,902,237
88$182,960,244$24,777,819$13,177,963$101,689,754
89$201,550,345$25,920,088$13,547,581$111,347,382
90$222,034,372$27,116,065$13,927,317$121,962,812
91$244,605,436$28,368,310$14,317,440$133,632,635
92$269,476,340$29,679,507$14,718,224$146,463,243
93$296,881,593$31,052,469$15,129,951$160,571,835
94$327,079,620$32,490,144$15,552,909$176,087,511
95$360,355,203$33,995,623$15,987,392$193,152,483
96$397,022,169$35,572,144$16,433,706$211,923,416
97$437,426,354$37,223,103$16,892,158$232,572,893
98$481,948,866$38,952,058$17,363,069$255,291,040
99$531,009,681$40,762,740$17,846,763$280,287,310
100$585,071,614$42,659,060$18,343,576$307,792,455