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%19.7%
1 years$379,864$376,480$373,179$369,957$366,810$352,535
2 years$188,051$184,549$181,155$177,864$174,672$160,462
3 years$124,122$120,605$117,219$113,959$110,819$97,122
4 years$92,164$88,657$85,306$82,101$79,037$65,958
5 years$72,994$69,508$66,201$63,062$60,083$47,654
6 years$60,218$56,759$53,500$50,431$47,541$35,772
7 years$51,096$47,666$44,459$41,462$38,664$27,549
8 years$44,258$40,859$37,704$34,781$32,075$21,605
9 years$38,942$35,575$32,475$29,626$27,012$17,170
10 years$34,692$31,357$28,312$25,538$23,016$13,783
11 years$31,216$27,916$24,926$22,226$19,794$11,151
12 years$28,322$25,056$22,121$19,495$17,153$9,076
13 years$25,876$22,643$19,764$17,211$14,958$7,422
14 years$23,780$20,582$17,758$15,278$13,112$6,094
15 years$21,966$18,802$16,033$13,625$11,545$5,018
16 years$20,380$17,250$14,536$12,200$10,203$4,143
17 years$18,982$15,887$13,227$10,962$9,047$3,428
18 years$17,740$14,680$12,075$9,879$8,044$2,840
19 years$16,631$13,605$11,054$8,926$7,170$2,357
20 years$15,634$12,643$10,145$8,084$6,404$1,958
21 years$14,733$11,776$9,331$7,337$5,731$1,628
22 years$13,915$10,993$8,600$6,671$5,137$1,355
23 years$13,169$10,281$7,941$6,075$4,611$1,129
24 years$12,487$9,633$7,344$5,541$4,145$940
25 years$11,860$9,040$6,802$5,061$3,730$784
26 years$11,282$8,496$6,308$4,627$3,360$654
27 years$10,748$7,996$5,858$4,235$3,029$545
28 years$10,252$7,534$5,446$3,880$2,733$455
29 years$9,792$7,108$5,068$3,558$2,468$380
30 years$9,364$6,713$4,720$3,266$2,230$317
31 years$8,963$6,346$4,401$2,999$2,016$264
32 years$8,589$6,004$4,106$2,756$1,824$221
33 years$8,238$5,686$3,834$2,535$1,650$184
34 years$7,908$5,389$3,582$2,332$1,494$154
35 years$7,598$5,112$3,349$2,147$1,353$129
36 years$7,306$4,852$3,133$1,977$1,226$107
37 years$7,030$4,608$2,932$1,822$1,111$90
38 years$6,769$4,379$2,746$1,679$1,008$75
39 years$6,523$4,164$2,573$1,548$914$63
40 years$6,289$3,962$2,411$1,428$829$52
41 years$6,067$3,771$2,261$1,318$752$44
42 years$5,856$3,592$2,121$1,216$682$36
43 years$5,656$3,422$1,990$1,122$619$30
44 years$5,465$3,262$1,868$1,036$562$25
45 years$5,284$3,111$1,754$957$510$21
46 years$5,110$2,967$1,648$884$463$18
47 years$4,945$2,832$1,548$817$421$15
48 years$4,787$2,703$1,455$755$382$12
49 years$4,636$2,582$1,367$698$347$10
50 years$4,491$2,466$1,285$645$315$9

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 $5,267 every year, while hoping to spend $51,798 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: 79/11/10 Blend
49$4,600,000$4,600,000$4,600,000$4,600,000
50$5,074,633$4,830,833$4,759,533$5,466,716
51$5,537,133$5,012,431$4,863,865$5,906,505
52$6,045,072$5,201,191$4,969,955$6,381,607
53$6,603,029$5,397,410$5,077,809$6,901,302
54$7,216,052$5,601,397$5,187,429$7,470,019
55$7,889,697$5,813,473$5,298,816$8,092,635
56$8,630,089$6,033,976$5,411,969$8,774,519
57$9,443,974$6,263,257$5,526,886$9,521,585
58$10,338,783$6,501,681$5,643,561$10,340,345
59$11,322,707$6,749,630$5,761,988$11,237,972
60$12,404,765$7,007,505$5,882,157$12,222,365
61$13,594,899$7,275,720$6,004,056$13,302,224
62$14,904,058$7,554,710$6,127,672$14,487,132
63$16,344,311$7,844,929$6,252,988$15,787,645
64$17,928,950$8,146,850$6,379,982$17,215,388
65$19,672,624$8,460,967$6,508,633$18,783,170
66$21,591,473$8,787,796$6,638,913$20,505,099
67$23,703,280$9,127,875$6,770,794$22,396,714
68$26,027,640$9,481,766$6,904,241$24,475,138
69$28,586,144$9,850,057$7,039,217$26,759,229
70$31,402,581$10,233,360$7,175,681$29,269,767
71$34,503,165$10,632,315$7,313,587$32,029,641
72$37,916,780$11,047,592$7,452,885$35,064,069
73$41,675,254$11,479,886$7,593,520$38,400,836
74$45,813,658$11,929,929$7,735,431$42,070,552
75$50,370,637$12,398,481$7,878,553$46,106,941
76$55,388,773$12,886,337$8,022,815$50,547,159
77$60,914,989$13,394,329$8,168,141$55,432,145
78$67,000,991$13,923,324$8,314,447$60,807,006
79$73,703,754$14,474,229$8,461,643$66,721,437
80$81,086,062$15,047,991$8,609,633$73,230,197
81$89,217,097$15,645,600$8,758,313$80,393,620
82$98,173,097$16,268,090$8,907,572$88,278,182
83$108,038,068$16,916,542$9,057,291$96,957,133
84$118,904,582$17,592,084$9,207,342$106,511,180
85$130,874,650$18,295,896$9,357,588$117,029,254
86$144,060,682$19,029,212$9,507,884$128,609,344
87$158,586,548$19,793,321$9,658,075$141,359,425
88$174,588,751$20,589,568$9,807,995$155,398,469
89$192,217,709$21,419,362$9,957,469$170,857,574
90$211,639,179$22,284,175$10,106,308$187,881,195
91$233,035,820$23,185,545$10,254,314$206,628,508
92$256,608,916$24,125,079$10,401,276$227,274,911
93$282,580,276$25,104,458$10,546,969$250,013,679
94$311,194,329$26,125,441$10,691,157$275,057,784
95$342,720,427$27,189,864$10,833,587$302,641,907
96$377,455,391$28,299,648$10,973,993$333,024,648
97$415,726,313$29,456,803$11,112,094$366,490,970
98$457,893,638$30,663,428$11,247,591$403,354,882
99$504,354,573$31,921,720$11,380,169$443,962,405
100$555,546,831$33,233,975$11,509,495$488,694,835