Can I retire at age 50 with 5,300,000?

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$437,669$433,771$429,967$426,254$422,629$415,970
2 years$216,668$212,633$208,722$204,930$201,252$194,561
3 years$143,010$138,958$135,057$131,301$127,683$121,167
4 years$106,189$102,149$98,287$94,595$91,064$84,774
5 years$84,102$80,086$76,275$72,658$69,226$63,180
6 years$69,382$65,396$61,641$58,105$54,776$48,981
7 years$58,872$54,920$51,224$47,771$44,547$39,005
8 years$50,993$47,076$43,442$40,074$36,956$31,666
9 years$44,868$40,988$37,417$34,134$31,123$26,081
10 years$39,971$36,129$32,621$29,424$26,518$21,722
11 years$35,967$32,164$28,719$25,608$22,806$18,250
12 years$32,632$28,868$25,487$22,461$19,764$15,442
13 years$29,813$26,089$22,771$19,830$17,234$13,141
14 years$27,399$23,714$20,460$17,603$15,107$11,235
15 years$25,308$21,663$18,473$15,699$13,302$9,644
16 years$23,481$19,875$16,748$14,057$11,756$8,305
17 years$21,870$18,304$15,240$12,630$10,424$7,172
18 years$20,440$16,914$13,912$11,382$9,268$6,208
19 years$19,162$15,676$12,736$10,285$8,261$5,385
20 years$18,013$14,567$11,688$9,315$7,379$4,679
21 years$16,975$13,568$10,751$8,454$6,603$4,071
22 years$16,032$12,666$9,909$7,686$5,919$3,547
23 years$15,173$11,846$9,149$7,000$5,313$3,094
24 years$14,387$11,099$8,461$6,384$4,776$2,701
25 years$13,664$10,416$7,837$5,831$4,297$2,360
26 years$12,998$9,789$7,268$5,331$3,871$2,063
27 years$12,383$9,213$6,749$4,880$3,490$1,805
28 years$11,813$8,681$6,274$4,471$3,149$1,580
29 years$11,282$8,190$5,839$4,100$2,843$1,384
30 years$10,789$7,734$5,439$3,763$2,569$1,213
31 years$10,327$7,311$5,070$3,456$2,323$1,063
32 years$9,896$6,918$4,731$3,176$2,101$932
33 years$9,492$6,551$4,417$2,921$1,902$817
34 years$9,112$6,209$4,127$2,687$1,722$717
35 years$8,754$5,889$3,858$2,474$1,559$629
36 years$8,418$5,590$3,610$2,278$1,413$552
37 years$8,100$5,309$3,378$2,099$1,281$485
38 years$7,800$5,046$3,164$1,935$1,161$425
39 years$7,515$4,798$2,964$1,784$1,053$373
40 years$7,246$4,565$2,778$1,645$955$328
41 years$6,990$4,345$2,605$1,518$866$288
42 years$6,748$4,138$2,444$1,401$786$253
43 years$6,517$3,943$2,293$1,293$713$222
44 years$6,297$3,758$2,152$1,194$648$195
45 years$6,088$3,584$2,021$1,103$588$171
46 years$5,888$3,419$1,898$1,019$534$150
47 years$5,698$3,263$1,783$941$485$132
48 years$5,515$3,115$1,676$870$440$116
49 years$5,341$2,974$1,575$804$400$102
50 years$5,175$2,841$1,481$743$363$90

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $5,300,000, adding $2,441 every year, while hoping to spend $54,695 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: 47/42/11 Blend
49$5,300,000$5,300,000$5,300,000$5,300,000
50$5,843,118$5,562,218$5,480,068$6,099,806
51$6,380,921$5,776,572$5,605,455$6,491,434
52$6,971,747$5,999,595$5,733,210$6,910,362
53$7,620,946$6,231,656$5,863,353$7,363,782
54$8,334,413$6,473,138$5,995,906$7,854,917
55$9,118,641$6,724,440$6,130,887$8,387,310
56$9,980,786$6,985,981$6,268,315$8,964,852
57$10,928,729$7,258,197$6,408,207$9,591,821
58$11,971,154$7,541,543$6,550,576$10,272,916
59$13,117,628$7,836,496$6,695,437$11,013,304
60$14,378,694$8,143,552$6,842,802$11,818,666
61$15,765,965$8,463,230$6,992,680$12,695,247
62$17,292,238$8,796,073$7,145,080$13,649,914
63$18,971,612$9,142,647$7,300,006$14,690,222
64$20,819,623$9,503,543$7,457,462$15,824,477
65$22,853,388$9,879,379$7,617,450$17,061,817
66$25,091,767$10,270,802$7,779,968$18,412,296
67$27,555,541$10,678,485$7,945,011$19,886,974
68$30,267,609$11,103,134$8,112,572$21,498,021
69$33,253,203$11,545,485$8,282,641$23,258,829
70$36,540,123$12,006,308$8,455,203$25,184,135
71$40,159,005$12,486,406$8,630,241$27,290,158
72$44,143,604$12,986,620$8,807,735$29,594,750
73$48,531,116$13,507,829$8,987,659$32,117,561
74$53,362,528$14,050,951$9,169,983$34,880,220
75$58,683,002$14,616,944$9,354,674$37,906,539
76$64,542,306$15,206,812$9,541,694$41,222,731
77$70,995,279$15,821,603$9,730,998$44,857,657
78$78,102,349$16,462,414$9,922,538$48,843,092
79$85,930,105$17,130,388$10,116,259$53,214,026
80$94,551,924$17,826,725$10,312,102$58,008,983
81$104,048,662$18,552,677$10,509,999$63,270,386
82$114,509,419$19,309,552$10,709,878$69,044,954
83$126,032,380$20,098,719$10,911,659$75,384,132
84$138,725,736$20,921,610$11,115,253$82,344,582
85$152,708,714$21,779,722$11,320,566$89,988,701
86$168,112,693$22,674,618$11,527,496$98,385,217
87$185,082,450$23,607,938$11,735,930$107,609,822
88$203,777,524$24,581,390$11,945,747$117,745,890
89$224,373,721$25,596,768$12,156,819$128,885,252
90$247,064,772$26,655,941$12,369,004$141,129,058
91$272,064,166$27,760,870$12,582,153$154,588,729
92$299,607,160$28,913,601$12,796,104$169,386,998
93$329,953,002$30,116,279$13,010,685$185,659,066
94$363,387,376$31,371,144$13,225,711$203,553,866
95$400,225,099$32,680,541$13,440,983$223,235,466
96$440,813,095$34,046,924$13,656,292$244,884,609
97$485,533,665$35,472,858$13,871,412$268,700,410
98$534,808,099$36,961,028$14,086,104$294,902,226
99$589,100,650$38,514,243$14,300,114$323,731,724
100$648,922,919$40,135,443$14,513,170$355,455,146