Can I retire at age 50 with 4,500,000?

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 $4,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$371,606$368,296$365,066$361,914$358,836$354,646
2 years$183,963$180,537$177,217$173,997$170,874$166,657
3 years$121,424$117,983$114,671$111,482$108,410$104,296
4 years$90,160$86,730$83,451$80,316$77,319$73,340
5 years$71,407$67,997$64,761$61,691$58,776$54,945
6 years$58,909$55,525$52,337$49,334$46,508$42,828
7 years$49,985$46,630$43,492$40,561$37,823$34,296
8 years$43,296$39,970$36,885$34,025$31,378$28,004
9 years$38,095$34,801$31,769$28,982$26,425$23,202
10 years$33,937$30,676$27,697$24,983$22,515$19,441
11 years$30,538$27,309$24,384$21,742$19,364$16,436
12 years$27,707$24,511$21,640$19,071$16,780$13,996
13 years$25,313$22,151$19,334$16,837$14,633$11,989
14 years$23,263$20,134$17,372$14,946$12,827$10,319
15 years$21,488$18,393$15,684$13,329$11,294$8,918
16 years$19,937$16,875$14,220$11,935$9,982$7,734
17 years$18,569$15,542$12,940$10,723$8,850$6,726
18 years$17,355$14,361$11,812$9,664$7,869$5,864
19 years$16,270$13,310$10,814$8,732$7,014$5,124
20 years$15,294$12,368$9,924$7,909$6,265$4,485
21 years$14,413$11,520$9,128$7,178$5,607$3,932
22 years$13,612$10,754$8,413$6,526$5,026$3,452
23 years$12,883$10,058$7,768$5,943$4,511$3,034
24 years$12,215$9,424$7,184$5,421$4,055$2,669
25 years$11,602$8,844$6,654$4,951$3,649$2,351
26 years$11,036$8,311$6,171$4,527$3,287$2,072
27 years$10,514$7,822$5,731$4,143$2,963$1,827
28 years$10,030$7,371$5,327$3,796$2,674$1,613
29 years$9,579$6,953$4,957$3,481$2,414$1,424
30 years$9,160$6,567$4,618$3,195$2,181$1,258
31 years$8,769$6,208$4,305$2,934$1,972$1,112
32 years$8,402$5,874$4,017$2,697$1,784$983
33 years$8,059$5,563$3,750$2,480$1,615$869
34 years$7,736$5,272$3,504$2,282$1,462$769
35 years$7,433$5,000$3,276$2,100$1,324$680
36 years$7,147$4,746$3,065$1,934$1,200$602
37 years$6,877$4,508$2,868$1,782$1,087$533
38 years$6,622$4,284$2,686$1,643$986$472
39 years$6,381$4,074$2,517$1,515$894$418
40 years$6,152$3,876$2,359$1,397$811$370
41 years$5,935$3,689$2,212$1,289$736$328
42 years$5,729$3,514$2,075$1,190$667$290
43 years$5,533$3,348$1,947$1,098$606$257
44 years$5,347$3,191$1,828$1,014$550$228
45 years$5,169$3,043$1,716$936$499$202
46 years$4,999$2,903$1,612$865$453$179
47 years$4,838$2,770$1,514$799$412$158
48 years$4,683$2,645$1,423$738$374$140
49 years$4,535$2,525$1,337$682$339$124
50 years$4,394$2,412$1,257$631$308$110

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $4,500,000, adding $6,651 every year, while hoping to spend $36,192 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: 57/28/15 Blend
49$4,500,000$4,500,000$4,500,000$4,500,000
50$4,965,861$4,727,361$4,657,611$5,229,295
51$5,433,870$4,920,493$4,775,132$5,601,704
52$5,948,404$5,121,876$4,895,378$6,002,788
53$6,514,169$5,331,876$5,018,401$6,439,017
54$7,136,351$5,550,875$5,144,255$6,913,768
55$7,820,665$5,779,274$5,272,993$7,430,758
56$8,573,406$6,017,491$5,404,671$7,994,073
57$9,401,509$6,265,964$5,539,344$8,608,206
58$10,312,618$6,525,152$5,677,067$9,278,101
59$11,315,153$6,795,532$5,817,897$10,009,198
60$12,418,392$7,077,606$5,961,890$10,807,479
61$13,632,558$7,371,899$6,109,103$11,679,530
62$14,968,915$7,678,958$6,259,594$12,632,596
63$16,439,874$7,999,356$6,413,420$13,674,649
64$18,059,111$8,333,694$6,570,639$14,814,467
65$19,841,694$8,682,600$6,731,310$16,061,707
66$21,804,229$9,046,729$6,895,490$17,427,001
67$23,965,010$9,426,769$7,063,239$18,922,054
68$26,344,199$9,823,438$7,234,616$20,559,748
69$28,964,010$10,237,490$7,409,678$22,354,268
70$31,848,922$10,669,710$7,588,485$24,321,231
71$35,025,909$11,120,922$7,771,096$26,477,831
72$38,524,692$11,591,988$7,957,568$28,842,999
73$42,378,025$12,083,809$8,147,961$31,437,584
74$46,621,998$12,597,330$8,342,332$34,284,542
75$51,296,380$13,133,538$8,540,739$37,409,152
76$56,444,997$13,693,467$8,743,239$40,839,255
77$62,116,138$14,278,198$8,949,889$44,605,511
78$68,363,019$14,888,865$9,160,745$48,741,689
79$75,244,279$15,526,652$9,375,863$53,284,978
80$82,824,537$16,192,799$9,595,296$58,276,342
81$91,175,000$16,888,606$9,819,098$63,760,899
82$100,374,134$17,615,432$10,047,322$69,788,343
83$110,508,407$18,374,700$10,280,019$76,413,415
84$121,673,104$19,167,900$10,517,239$83,696,413
85$133,973,225$19,996,591$10,759,030$91,703,757
86$147,524,475$20,862,405$11,005,440$100,508,614
87$162,454,362$21,767,054$11,256,512$110,191,585
88$178,903,392$22,712,325$11,512,291$120,841,461
89$197,026,403$23,700,093$11,772,817$132,556,058
90$216,994,018$24,732,320$12,038,128$145,443,134
91$238,994,264$25,811,060$12,308,262$159,621,407
92$263,234,342$26,938,464$12,583,251$175,221,663
93$289,942,581$28,116,785$12,863,126$192,387,993
94$319,370,598$29,348,381$13,147,915$211,279,144
95$351,795,669$30,635,723$13,437,641$232,070,015
96$387,523,351$31,981,396$13,732,325$254,953,301
97$426,890,358$33,388,110$14,031,983$280,141,303
98$470,267,748$34,858,701$14,336,628$307,867,935
99$518,064,421$36,396,140$14,646,267$338,390,916
100$570,730,979$38,003,538$14,960,905$371,994,203