Can I retire at age 50 with 5,400,000?

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 $5,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$445,927$441,955$438,080$434,297$430,604$420,023
2 years$220,756$216,645$212,660$208,797$205,049$194,455
3 years$145,709$141,580$137,605$133,778$130,092$119,815
4 years$108,192$104,076$100,141$96,380$92,783$82,902
5 years$85,689$81,597$77,714$74,029$70,532$61,075
6 years$70,691$66,630$62,804$59,201$55,809$46,786
7 years$59,983$55,956$52,191$48,673$45,388$36,799
8 years$51,955$47,964$44,262$40,830$37,654$29,496
9 years$45,714$41,762$38,123$34,778$31,710$23,976
10 years$40,725$36,811$33,236$29,979$27,018$19,700
11 years$36,645$32,771$29,261$26,091$23,237$16,322
12 years$33,248$29,413$25,968$22,885$20,136$13,615
13 years$30,376$26,581$23,201$20,204$17,559$11,418
14 years$27,916$24,161$20,846$17,935$15,392$9,618
15 years$25,786$22,072$18,821$15,995$13,553$8,131
16 years$23,924$20,250$17,064$14,322$11,978$6,894
17 years$22,283$18,650$15,528$12,868$10,620$5,860
18 years$20,826$17,233$14,175$11,597$9,443$4,992
19 years$19,523$15,972$12,976$10,479$8,417$4,260
20 years$18,353$14,842$11,909$9,490$7,518$3,640
21 years$17,295$13,824$10,954$8,613$6,728$3,115
22 years$16,335$12,905$10,096$7,831$6,031$2,668
23 years$15,459$12,069$9,322$7,132$5,413$2,288
24 years$14,658$11,308$8,621$6,505$4,866$1,963
25 years$13,922$10,612$7,985$5,941$4,378$1,685
26 years$13,244$9,974$7,405$5,432$3,944$1,448
27 years$12,617$9,386$6,877$4,972$3,556$1,245
28 years$12,035$8,845$6,393$4,555$3,208$1,070
29 years$11,495$8,344$5,949$4,177$2,897$920
30 years$10,992$7,880$5,541$3,834$2,618$792
31 years$10,522$7,449$5,166$3,521$2,367$682
32 years$10,083$7,049$4,820$3,236$2,141$587
33 years$9,671$6,675$4,500$2,976$1,937$505
34 years$9,284$6,326$4,205$2,738$1,754$435
35 years$8,920$6,001$3,931$2,520$1,589$375
36 years$8,576$5,695$3,678$2,321$1,440$323
37 years$8,253$5,409$3,442$2,139$1,305$278
38 years$7,947$5,141$3,223$1,971$1,183$240
39 years$7,657$4,888$3,020$1,818$1,073$206
40 years$7,383$4,651$2,831$1,676$973$178
41 years$7,122$4,427$2,654$1,547$883$153
42 years$6,875$4,216$2,490$1,427$801$132
43 years$6,640$4,017$2,336$1,318$727$114
44 years$6,416$3,829$2,193$1,217$660$98
45 years$6,203$3,652$2,059$1,124$599$85
46 years$5,999$3,484$1,934$1,038$544$73
47 years$5,805$3,324$1,817$959$494$63
48 years$5,619$3,174$1,707$886$448$54
49 years$5,442$3,031$1,605$819$407$47
50 years$5,272$2,895$1,509$757$370$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $5,400,000, adding $6,077 every year, while hoping to spend $37,820 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: 50/28/22 Blend
49$5,400,000$5,400,000$5,400,000$5,400,000
50$5,957,068$5,670,868$5,587,168$6,217,895
51$6,524,449$5,908,501$5,734,098$6,637,079
52$7,148,435$6,156,510$5,884,683$7,088,070
53$7,834,760$6,415,363$6,039,005$7,577,449
54$8,589,742$6,685,552$6,197,147$8,108,857
55$9,420,341$6,967,589$6,359,197$8,686,303
56$10,334,225$7,262,011$6,525,240$9,314,187
57$11,339,846$7,569,379$6,695,365$9,997,353
58$12,446,513$7,890,282$6,869,663$10,741,122
59$13,664,486$8,225,334$7,048,224$11,551,349
60$15,005,067$8,575,178$7,231,143$12,434,473
61$16,480,711$8,940,490$7,418,514$13,397,576
62$18,105,143$9,321,973$7,610,434$14,448,449
63$19,893,484$9,720,366$7,807,000$15,595,662
64$21,862,397$10,136,442$8,008,312$16,848,648
65$24,030,242$10,571,008$8,214,470$18,217,782
66$26,417,250$11,024,911$8,425,579$19,714,485
67$29,045,715$11,499,036$8,641,741$21,351,323
68$31,940,201$11,994,312$8,863,062$23,142,129
69$35,127,777$12,511,709$9,089,650$25,102,128
70$38,638,270$13,052,243$9,321,614$27,248,077
71$42,504,549$13,616,978$9,559,064$29,598,424
72$46,762,832$14,207,029$9,802,111$32,173,479
73$51,453,028$14,823,560$10,050,868$34,995,600
74$56,619,116$15,467,794$10,305,452$38,089,404
75$62,309,558$16,141,009$10,565,977$41,481,996
76$68,577,757$16,844,542$10,832,562$45,203,222
77$75,482,560$17,579,797$11,105,324$49,285,944
78$83,088,814$18,348,240$11,384,386$53,766,352
79$91,467,978$19,151,408$11,669,867$58,684,298
80$100,698,795$19,990,911$11,961,891$64,083,673
81$110,868,040$20,868,433$12,260,582$70,012,811
82$122,071,334$21,785,740$12,566,066$76,524,947
83$134,414,049$22,744,680$12,878,468$83,678,712
84$148,012,301$23,747,188$13,197,915$91,538,685
85$162,994,047$24,795,292$13,524,537$100,175,994
86$179,500,293$25,891,114$13,858,462$109,668,987
87$197,686,423$27,036,879$14,199,820$120,103,964
88$217,723,667$28,234,915$14,548,743$131,575,986
89$239,800,716$29,487,661$14,905,361$144,189,769
90$264,125,505$30,797,672$15,269,806$158,060,665
91$290,927,174$32,167,625$15,642,212$173,315,748
92$320,458,230$33,600,323$16,022,711$190,095,002
93$352,996,933$35,098,703$16,411,436$208,552,641
94$388,849,921$36,665,840$16,808,519$228,858,558
95$428,355,104$38,304,957$17,214,096$251,199,918
96$471,884,854$40,019,429$17,628,297$275,782,920
97$519,849,520$41,812,793$18,051,256$302,834,735
98$572,701,304$43,688,752$18,483,106$332,605,644
99$630,938,523$45,651,188$18,923,977$365,371,392
100$695,110,323$47,704,166$19,374,000$401,435,781