Can I retire at age 50 with 5,100,000?

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 $5,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$421,153$417,402$413,742$410,169$406,681$403,442
2 years$208,492$204,609$200,846$197,197$193,658$190,393
3 years$137,614$133,714$129,960$126,346$122,864$119,675
4 years$102,182$98,294$94,578$91,025$87,628$84,538
5 years$80,928$77,064$73,396$69,916$66,613$63,632
6 years$66,764$62,928$59,315$55,912$52,709$49,840
7 years$56,650$52,847$49,291$45,969$42,866$40,112
8 years$49,068$45,300$41,803$38,562$35,562$32,921
9 years$43,175$39,442$36,005$32,846$29,948$27,420
10 years$38,462$34,766$31,390$28,314$25,517$23,101
11 years$34,610$30,950$27,635$24,641$21,946$19,640
12 years$31,401$27,779$24,525$21,614$19,018$16,819
13 years$28,688$25,104$21,912$19,082$16,584$14,491
14 years$26,365$22,819$19,688$16,939$14,537$12,547
15 years$24,353$20,846$17,775$15,106$12,800$10,910
16 years$22,595$19,125$16,116$13,526$11,312$9,519
17 years$21,045$17,614$14,665$12,153$10,030$8,331
18 years$19,669$16,276$13,387$10,952$8,919$7,310
19 years$18,439$15,084$12,255$9,896$7,949$6,429
20 years$17,333$14,017$11,247$8,963$7,101$5,665
21 years$16,334$13,056$10,345$8,135$6,354$4,999
22 years$15,427$12,188$9,535$7,396$5,696$4,419
23 years$14,601$11,399$8,804$6,736$5,113$3,911
24 years$13,844$10,680$8,142$6,144$4,595$3,465
25 years$13,149$10,023$7,541$5,611$4,135$3,073
26 years$12,508$9,420$6,994$5,130$3,725$2,727
27 years$11,916$8,865$6,495$4,696$3,358$2,423
28 years$11,367$8,353$6,038$4,302$3,030$2,153
29 years$10,857$7,881$5,618$3,945$2,736$1,915
30 years$10,381$7,442$5,233$3,621$2,472$1,704
31 years$9,938$7,035$4,879$3,325$2,235$1,517
32 years$9,523$6,657$4,552$3,056$2,022$1,352
33 years$9,133$6,304$4,250$2,810$1,830$1,204
34 years$8,768$5,975$3,971$2,586$1,657$1,073
35 years$8,424$5,667$3,713$2,380$1,501$957
36 years$8,100$5,379$3,473$2,192$1,360$853
37 years$7,794$5,109$3,251$2,020$1,232$761
38 years$7,505$4,855$3,044$1,862$1,117$679
39 years$7,232$4,617$2,852$1,717$1,013$606
40 years$6,973$4,393$2,673$1,583$919$541
41 years$6,727$4,181$2,507$1,461$834$483
42 years$6,493$3,982$2,351$1,348$756$431
43 years$6,271$3,794$2,207$1,245$686$385
44 years$6,060$3,617$2,071$1,149$623$343
45 years$5,858$3,449$1,945$1,061$566$307
46 years$5,666$3,290$1,827$980$514$274
47 years$5,483$3,140$1,716$906$466$245
48 years$5,307$2,997$1,613$837$424$219
49 years$5,140$2,862$1,516$773$385$195
50 years$4,979$2,734$1,425$715$349$174

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $5,100,000, adding $5,001 every year, while hoping to spend $41,747 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: 81/14/5 Blend
49$5,100,000$5,100,000$5,100,000$5,100,000
50$5,625,359$5,355,059$5,276,009$6,079,919
51$6,154,727$5,573,038$5,408,336$6,595,813
52$6,736,691$5,800,299$5,543,698$7,155,784
53$7,376,573$6,037,253$5,682,151$7,769,040
54$8,080,233$6,284,329$5,823,753$8,440,881
55$8,854,132$6,541,975$5,968,564$9,177,139
56$9,705,384$6,810,663$6,116,641$9,984,240
57$10,641,830$7,090,882$6,268,046$10,869,256
58$11,672,108$7,383,147$6,422,837$11,839,977
59$12,805,737$7,687,994$6,581,075$12,904,982
60$14,053,202$8,005,986$6,742,821$14,073,716
61$15,426,058$8,337,710$6,908,136$15,356,583
62$16,937,039$8,683,780$7,077,080$16,765,043
63$18,600,171$9,044,839$7,249,717$18,311,713
64$20,430,912$9,421,560$7,426,106$20,010,495
65$22,446,296$9,814,647$7,606,311$21,876,698
66$24,665,088$10,224,835$7,790,393$23,927,186
67$27,107,969$10,652,894$7,978,413$26,180,534
68$29,797,726$11,099,630$8,170,434$28,657,205
69$32,759,468$11,565,885$8,366,517$31,379,738
70$36,020,862$12,052,542$8,566,724$34,372,962
71$39,612,396$12,560,523$8,771,115$37,664,231
72$43,567,664$13,090,792$8,979,752$41,283,677
73$47,923,687$13,644,362$9,192,694$45,264,495
74$52,721,255$14,222,288$9,410,002$49,643,257
75$58,005,320$14,825,677$9,631,734$54,460,251
76$63,825,415$15,455,687$9,857,949$59,759,865
77$70,236,121$16,113,529$10,088,704$65,591,001
78$77,297,585$16,800,472$10,324,055$72,007,537
79$85,076,085$17,517,842$10,564,058$79,068,832
80$93,644,659$18,267,030$10,808,767$86,840,287
81$103,083,788$19,049,488$11,058,234$95,393,959
82$113,482,160$19,866,738$11,312,511$104,809,238
83$124,937,506$20,720,375$11,571,646$115,173,599
84$137,557,523$21,612,064$11,835,688$126,583,421
85$151,460,889$22,543,553$12,104,681$139,144,897
86$166,778,381$23,516,669$12,378,669$152,975,033
87$183,654,114$24,533,324$12,657,693$168,202,752
88$202,246,899$25,595,523$12,941,791$184,970,109
89$222,731,740$26,705,361$13,230,999$203,433,625
90$245,301,489$27,865,034$13,525,348$223,765,768
91$270,168,661$29,076,841$13,824,868$246,156,575
92$297,567,447$30,343,189$14,129,583$270,815,442
93$327,755,919$31,666,598$14,439,517$297,973,103
94$361,018,469$33,049,707$14,754,686$327,883,798
95$397,668,488$34,495,278$15,075,104$360,827,677
96$438,051,333$36,006,206$15,400,779$397,113,436
97$482,547,579$37,585,520$15,731,715$437,081,229
98$531,576,615$39,236,393$16,067,911$481,105,878
99$585,600,602$40,962,149$16,409,358$529,600,406
100$645,128,835$42,766,266$16,756,043$583,019,930