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%14.7%
1 years$363,348$360,111$356,954$353,872$350,862$344,060
2 years$179,875$176,525$173,278$170,131$167,077$160,251
3 years$118,726$115,361$112,123$109,004$106,001$99,364
4 years$88,157$84,803$81,597$78,531$75,601$69,205
5 years$69,820$66,486$63,322$60,320$57,470$51,333
6 years$57,600$54,291$51,174$48,238$45,474$39,603
7 years$48,875$45,594$42,526$39,659$36,983$31,379
8 years$42,334$39,082$36,065$33,269$30,681$25,342
9 years$37,249$34,028$31,063$28,338$25,838$20,761
10 years$33,183$29,994$27,081$24,428$22,015$17,196
11 years$29,859$26,702$23,842$21,259$18,934$14,366
12 years$27,091$23,966$21,159$18,647$16,407$12,085
13 years$24,751$21,658$18,904$16,463$14,308$10,223
14 years$22,746$19,687$16,986$14,614$12,542$8,688
15 years$21,011$17,984$15,336$13,033$11,043$7,411
16 years$19,494$16,500$13,904$11,670$9,760$6,342
17 years$18,156$15,196$12,652$10,485$8,654$5,442
18 years$16,969$14,042$11,550$9,449$7,694$4,680
19 years$15,908$13,014$10,573$8,538$6,858$4,032
20 years$14,954$12,093$9,704$7,733$6,126$3,480
21 years$14,092$11,264$8,925$7,018$5,482$3,007
22 years$13,310$10,515$8,226$6,381$4,914$2,602
23 years$12,597$9,834$7,595$5,811$4,411$2,254
24 years$11,944$9,214$7,024$5,300$3,965$1,954
25 years$11,344$8,647$6,506$4,841$3,568$1,695
26 years$10,791$8,127$6,034$4,426$3,214$1,471
27 years$10,280$7,648$5,603$4,051$2,897$1,278
28 years$9,807$7,207$5,209$3,712$2,614$1,111
29 years$9,367$6,799$4,847$3,404$2,361$966
30 years$8,956$6,421$4,515$3,124$2,133$840
31 years$8,574$6,070$4,209$2,869$1,928$731
32 years$8,216$5,743$3,927$2,637$1,744$636
33 years$7,880$5,439$3,667$2,425$1,579$553
34 years$7,564$5,155$3,426$2,231$1,429$482
35 years$7,268$4,889$3,203$2,054$1,295$420
36 years$6,988$4,641$2,997$1,891$1,173$365
37 years$6,724$4,408$2,805$1,743$1,063$318
38 years$6,475$4,189$2,627$1,606$964$277
39 years$6,239$3,983$2,461$1,481$874$242
40 years$6,015$3,790$2,306$1,366$793$210
41 years$5,803$3,607$2,163$1,260$719$183
42 years$5,602$3,436$2,029$1,163$653$160
43 years$5,410$3,273$1,904$1,074$592$139
44 years$5,228$3,120$1,787$991$538$121
45 years$5,054$2,975$1,678$916$488$106
46 years$4,888$2,838$1,576$846$443$92
47 years$4,730$2,709$1,481$781$402$80
48 years$4,579$2,586$1,391$722$365$70
49 years$4,434$2,469$1,308$667$332$61
50 years$4,296$2,359$1,229$617$301$53

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 $3,326 every year, while hoping to spend $54,066 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: 38/46/16 Blend
49$4,400,000$4,400,000$4,400,000$4,400,000
50$4,852,231$4,619,031$4,550,831$5,013,084
51$5,289,633$4,787,837$4,645,758$5,297,467
52$5,769,837$4,963,104$4,742,053$5,599,174
53$6,297,154$5,145,089$4,839,705$5,924,081
54$6,876,328$5,334,063$4,938,700$6,274,302
55$7,512,590$5,530,308$5,039,022$6,652,161
56$8,211,699$5,734,118$5,140,654$7,060,209
57$8,980,001$5,945,799$5,243,575$7,501,247
58$9,824,487$6,165,669$5,347,761$7,978,354
59$10,752,860$6,394,062$5,453,186$8,494,911
60$11,773,604$6,631,323$5,559,820$9,054,634
61$12,896,068$6,877,815$5,667,631$9,661,606
62$14,130,553$7,133,913$5,776,582$10,320,318
63$15,488,406$7,400,012$5,886,635$11,035,704
64$16,982,132$7,676,521$5,997,745$11,813,192
65$18,625,505$7,963,867$6,109,865$12,658,748
66$20,433,706$8,262,495$6,222,945$13,578,935
67$22,423,457$8,572,870$6,336,927$14,580,972
68$24,613,186$8,895,478$6,451,751$15,672,800
69$27,023,198$9,230,823$6,567,351$16,863,155
70$29,675,865$9,579,434$6,683,658$18,161,648
71$32,595,837$9,941,860$6,800,594$19,578,854
72$35,810,276$10,318,675$6,918,078$21,126,413
73$39,349,113$10,710,479$7,036,022$22,817,132
74$43,245,326$11,117,896$7,154,333$24,665,108
75$47,535,255$11,541,578$7,272,908$26,685,857
76$52,258,942$11,982,207$7,391,642$28,896,457
77$57,460,510$12,440,491$7,510,418$31,315,709
78$63,188,580$12,917,173$7,629,115$33,964,312
79$69,496,727$13,413,026$7,747,602$36,865,053
80$76,443,986$13,928,857$7,865,740$40,043,019
81$84,095,412$14,465,510$7,983,381$43,525,837
82$92,522,688$15,023,865$8,100,368$47,343,923
83$101,804,807$15,604,839$8,216,535$51,530,771
84$112,028,813$16,209,392$8,331,706$56,123,268
85$123,290,626$16,838,526$8,445,691$61,162,032
86$135,695,942$17,493,286$8,558,294$66,691,796
87$149,361,235$18,174,763$8,669,304$72,761,829
88$164,414,853$18,884,099$8,778,498$79,426,390
89$180,998,232$19,622,484$8,885,641$86,745,244
90$199,267,227$20,391,161$8,990,485$94,784,215
91$219,393,585$21,191,429$9,092,768$103,615,808
92$241,566,567$22,024,645$9,192,212$113,319,888
93$265,994,730$22,892,226$9,288,524$123,984,425
94$292,907,899$23,795,652$9,381,397$135,706,325
95$322,559,336$24,736,470$9,470,504$148,592,336
96$355,228,126$25,716,295$9,555,504$162,760,052
97$391,221,816$26,736,815$9,636,035$178,339,016
98$430,879,317$27,799,794$9,711,717$195,471,938
99$474,574,098$28,907,074$9,782,151$214,316,038
100$522,717,717$30,060,582$9,846,914$235,044,517