Can I retire at age 50 with 4,600,000?

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 $4,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$379,864$376,480$373,179$369,957$366,810$356,067
2 years$188,051$184,549$181,155$177,864$174,672$163,935
3 years$124,122$120,605$117,219$113,959$110,819$100,426
4 years$92,164$88,657$85,306$82,101$79,037$69,067
5 years$72,994$69,508$66,201$63,062$60,083$50,562
6 years$60,218$56,759$53,500$50,431$47,541$38,480
7 years$51,096$47,666$44,459$41,462$38,664$30,061
8 years$44,258$40,859$37,704$34,781$32,075$23,926
9 years$38,942$35,575$32,475$29,626$27,012$19,307
10 years$34,692$31,357$28,312$25,538$23,016$15,745
11 years$31,216$27,916$24,926$22,226$19,794$12,946
12 years$28,322$25,056$22,121$19,495$17,153$10,714
13 years$25,876$22,643$19,764$17,211$14,958$8,913
14 years$23,780$20,582$17,758$15,278$13,112$7,446
15 years$21,966$18,802$16,033$13,625$11,545$6,242
16 years$20,380$17,250$14,536$12,200$10,203$5,247
17 years$18,982$15,887$13,227$10,962$9,047$4,421
18 years$17,740$14,680$12,075$9,879$8,044$3,733
19 years$16,631$13,605$11,054$8,926$7,170$3,157
20 years$15,634$12,643$10,145$8,084$6,404$2,673
21 years$14,733$11,776$9,331$7,337$5,731$2,267
22 years$13,915$10,993$8,600$6,671$5,137$1,923
23 years$13,169$10,281$7,941$6,075$4,611$1,634
24 years$12,487$9,633$7,344$5,541$4,145$1,388
25 years$11,860$9,040$6,802$5,061$3,730$1,181
26 years$11,282$8,496$6,308$4,627$3,360$1,005
27 years$10,748$7,996$5,858$4,235$3,029$855
28 years$10,252$7,534$5,446$3,880$2,733$728
29 years$9,792$7,108$5,068$3,558$2,468$620
30 years$9,364$6,713$4,720$3,266$2,230$528
31 years$8,963$6,346$4,401$2,999$2,016$450
32 years$8,589$6,004$4,106$2,756$1,824$384
33 years$8,238$5,686$3,834$2,535$1,650$327
34 years$7,908$5,389$3,582$2,332$1,494$279
35 years$7,598$5,112$3,349$2,147$1,353$238
36 years$7,306$4,852$3,133$1,977$1,226$203
37 years$7,030$4,608$2,932$1,822$1,111$173
38 years$6,769$4,379$2,746$1,679$1,008$148
39 years$6,523$4,164$2,573$1,548$914$126
40 years$6,289$3,962$2,411$1,428$829$107
41 years$6,067$3,771$2,261$1,318$752$92
42 years$5,856$3,592$2,121$1,216$682$78
43 years$5,656$3,422$1,990$1,122$619$67
44 years$5,465$3,262$1,868$1,036$562$57
45 years$5,284$3,111$1,754$957$510$48
46 years$5,110$2,967$1,648$884$463$41
47 years$4,945$2,832$1,548$817$421$35
48 years$4,787$2,703$1,455$755$382$30
49 years$4,636$2,582$1,367$698$347$26
50 years$4,491$2,466$1,285$645$315$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $4,600,000, adding $4,806 every year, while hoping to spend $52,949 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: 67/8/25 Blend
49$4,600,000$4,600,000$4,600,000$4,600,000
50$5,074,157$4,830,357$4,759,057$5,381,039
51$5,535,384$5,010,708$4,862,148$5,768,294
52$6,041,881$5,198,120$4,966,919$6,185,202
53$6,598,211$5,392,886$5,073,368$6,639,959
54$7,209,398$5,595,306$5,181,495$7,136,299
55$7,880,978$5,805,698$5,291,297$7,678,337
56$8,619,050$6,024,390$5,402,768$8,270,601
57$9,430,334$6,251,725$5,515,901$8,918,080
58$10,322,230$6,488,063$5,630,686$9,626,267
59$11,302,896$6,733,776$5,747,112$10,401,211
60$12,381,315$6,989,254$5,865,164$11,249,575
61$13,567,386$7,254,905$5,984,824$12,178,699
62$14,872,017$7,531,153$6,106,074$13,196,666
63$16,307,224$7,818,441$6,228,888$14,312,380
64$17,886,248$8,117,231$6,353,243$15,535,648
65$19,623,676$8,428,006$6,479,107$16,877,275
66$21,535,582$8,751,270$6,606,449$18,349,163
67$23,639,677$9,087,548$6,735,230$19,964,423
68$25,955,475$9,437,388$6,865,411$21,737,498
69$28,504,477$9,801,364$6,996,946$23,684,301
70$31,310,377$10,180,073$7,129,786$25,822,363
71$34,399,278$10,574,141$7,263,878$28,170,997
72$37,799,949$10,984,217$7,399,161$30,751,481
73$41,544,083$11,410,984$7,535,573$33,587,260
74$45,666,609$11,855,151$7,673,044$36,704,162
75$50,206,010$12,317,461$7,811,498$40,130,645
76$55,204,695$12,798,688$7,950,855$43,898,066
77$60,709,392$13,299,642$8,091,027$48,040,972
78$66,771,594$13,821,168$8,231,920$52,597,428
79$73,448,040$14,364,149$8,373,433$57,609,377
80$80,801,255$14,929,507$8,515,458$63,123,031
81$88,900,135$15,518,205$8,657,878$69,189,311
82$97,820,601$16,131,250$8,800,569$75,864,326
83$107,646,314$16,769,692$8,943,400$83,209,898
84$118,469,461$17,434,630$9,086,227$91,294,152
85$130,391,631$18,127,212$9,228,901$100,192,150
86$143,524,769$18,848,637$9,371,260$109,986,605
87$157,992,232$19,600,157$9,513,134$120,768,660
88$173,929,956$20,383,081$9,654,340$132,638,743
89$191,487,737$21,198,778$9,794,687$145,707,522
90$210,830,645$22,048,677$9,933,968$160,096,940
91$232,140,582$22,934,272$10,071,966$175,941,372
92$255,617,996$23,857,126$10,208,451$193,388,891
93$281,483,777$24,818,871$10,343,180$212,602,663
94$309,981,339$25,821,213$10,475,894$233,762,485
95$341,378,918$26,865,935$10,606,319$257,066,489
96$375,972,105$27,954,902$10,734,167$282,733,001
97$414,086,631$29,090,064$10,859,133$311,002,609
98$456,081,448$30,273,458$10,980,895$342,140,429
99$502,352,112$31,507,214$11,099,112$376,438,607
100$553,334,521$32,793,561$11,213,425$414,219,079