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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.4%
1 years$421,153$417,402$413,742$410,169$406,681$397,658
2 years$208,492$204,609$200,846$197,197$193,658$184,614
3 years$137,614$133,714$129,960$126,346$122,864$114,082
4 years$102,182$98,294$94,578$91,025$87,628$79,175
5 years$80,928$77,064$73,396$69,916$66,613$58,514
6 years$66,764$62,928$59,315$55,912$52,709$44,971
7 years$56,650$52,847$49,291$45,969$42,866$35,491
8 years$49,068$45,300$41,803$38,562$35,562$28,547
9 years$43,175$39,442$36,005$32,846$29,948$23,289
10 years$38,462$34,766$31,390$28,314$25,517$19,206
11 years$34,610$30,950$27,635$24,641$21,946$15,975
12 years$31,401$27,779$24,525$21,614$19,018$13,377
13 years$28,688$25,104$21,912$19,082$16,584$11,264
14 years$26,365$22,819$19,688$16,939$14,537$9,527
15 years$24,353$20,846$17,775$15,106$12,800$8,087
16 years$22,595$19,125$16,116$13,526$11,312$6,887
17 years$21,045$17,614$14,665$12,153$10,030$5,880
18 years$19,669$16,276$13,387$10,952$8,919$5,030
19 years$18,439$15,084$12,255$9,896$7,949$4,312
20 years$17,333$14,017$11,247$8,963$7,101$3,702
21 years$16,334$13,056$10,345$8,135$6,354$3,182
22 years$15,427$12,188$9,535$7,396$5,696$2,738
23 years$14,601$11,399$8,804$6,736$5,113$2,359
24 years$13,844$10,680$8,142$6,144$4,595$2,034
25 years$13,149$10,023$7,541$5,611$4,135$1,754
26 years$12,508$9,420$6,994$5,130$3,725$1,515
27 years$11,916$8,865$6,495$4,696$3,358$1,308
28 years$11,367$8,353$6,038$4,302$3,030$1,130
29 years$10,857$7,881$5,618$3,945$2,736$977
30 years$10,381$7,442$5,233$3,621$2,472$845
31 years$9,938$7,035$4,879$3,325$2,235$731
32 years$9,523$6,657$4,552$3,056$2,022$632
33 years$9,133$6,304$4,250$2,810$1,830$547
34 years$8,768$5,975$3,971$2,586$1,657$474
35 years$8,424$5,667$3,713$2,380$1,501$410
36 years$8,100$5,379$3,473$2,192$1,360$355
37 years$7,794$5,109$3,251$2,020$1,232$307
38 years$7,505$4,855$3,044$1,862$1,117$266
39 years$7,232$4,617$2,852$1,717$1,013$230
40 years$6,973$4,393$2,673$1,583$919$200
41 years$6,727$4,181$2,507$1,461$834$173
42 years$6,493$3,982$2,351$1,348$756$150
43 years$6,271$3,794$2,207$1,245$686$130
44 years$6,060$3,617$2,071$1,149$623$112
45 years$5,858$3,449$1,945$1,061$566$97
46 years$5,666$3,290$1,827$980$514$84
47 years$5,483$3,140$1,716$906$466$73
48 years$5,307$2,997$1,613$837$424$63
49 years$5,140$2,862$1,516$773$385$55
50 years$4,979$2,734$1,425$715$349$48

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 $4,417 every year, while hoping to spend $52,737 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: 45/35/20 Blend
49$5,100,000$5,100,000$5,100,000$5,100,000
50$5,624,756$5,354,456$5,275,406$5,845,314
51$6,142,370$5,560,713$5,396,020$6,206,888
52$6,711,012$5,775,308$5,518,908$6,593,191
53$7,335,833$5,998,596$5,644,089$7,011,021
54$8,022,504$6,230,944$5,771,583$7,463,333
55$8,777,277$6,472,737$5,901,408$7,953,369
56$9,607,035$6,724,378$6,033,581$8,484,695
57$10,519,365$6,986,284$6,168,118$9,061,232
58$11,522,623$7,258,895$6,305,033$9,687,285
59$12,626,018$7,542,668$6,444,338$10,367,593
60$13,839,693$7,838,080$6,586,046$11,107,365
61$15,174,827$8,145,631$6,730,163$11,912,327
62$16,643,734$8,465,842$6,876,698$12,788,780
63$18,259,984$8,799,257$7,025,657$13,743,655
64$20,038,526$9,146,445$7,177,040$14,784,574
65$21,995,835$9,508,000$7,330,850$15,919,925
66$24,150,061$9,884,542$7,487,084$17,158,937
67$26,521,203$10,276,721$7,645,737$18,511,765
68$29,131,298$10,685,213$7,806,802$19,989,584
69$32,004,629$11,110,726$7,970,268$21,604,693
70$35,167,950$11,554,001$8,136,121$23,370,629
71$38,650,744$12,015,810$8,304,345$25,302,294
72$42,485,496$12,496,961$8,474,916$27,416,089
73$46,708,003$12,998,298$8,647,812$29,730,070
74$51,357,708$13,520,704$8,823,003$32,264,116
75$56,478,077$14,065,101$9,000,456$35,040,113
76$62,117,002$14,632,452$9,180,133$38,082,158
77$68,327,260$15,223,766$9,361,991$41,416,783
78$75,167,005$15,840,095$9,545,982$45,073,205
79$82,700,321$16,482,541$9,732,054$49,083,597
80$90,997,823$17,152,255$9,920,147$53,483,386
81$100,137,325$17,850,440$10,110,196$58,311,590
82$110,204,575$18,578,354$10,302,130$63,611,178
83$121,294,061$19,337,313$10,495,871$69,429,475
84$133,509,906$20,128,692$10,691,334$75,818,602
85$146,966,850$20,953,931$10,888,426$82,835,969
86$161,791,327$21,814,532$11,087,047$90,544,806
87$178,122,668$22,712,070$11,287,089$99,014,762
88$196,114,407$23,648,188$11,488,434$108,322,556
89$215,935,736$24,624,609$11,690,955$118,552,695
90$237,773,096$25,643,129$11,894,517$129,798,269
91$261,831,942$26,705,633$12,098,974$142,161,823
92$288,338,679$27,814,088$12,304,169$155,756,324
93$317,542,800$28,970,554$12,509,934$170,706,215
94$349,719,238$30,177,184$12,716,089$187,148,591
95$385,170,966$31,436,232$12,922,444$205,234,483
96$424,231,852$32,750,054$13,128,793$225,130,282
97$467,269,812$34,121,118$13,334,919$247,019,296
98$514,690,282$35,552,002$13,540,588$271,103,481
99$566,940,048$37,045,407$13,745,554$297,605,340
100$624,511,457$38,604,156$13,949,555$326,770,009