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

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 $5,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$445,927$441,955$438,080$434,297$430,604$419,513
2 years$220,756$216,645$212,660$208,797$205,049$193,950
3 years$145,709$141,580$137,605$133,778$130,092$119,330
4 years$108,192$104,076$100,141$96,380$92,783$82,442
5 years$85,689$81,597$77,714$74,029$70,532$60,640
6 years$70,691$66,630$62,804$59,201$55,809$46,377
7 years$59,983$55,956$52,191$48,673$45,388$36,416
8 years$51,955$47,964$44,262$40,830$37,654$29,137
9 years$45,714$41,762$38,123$34,778$31,710$23,641
10 years$40,725$36,811$33,236$29,979$27,018$19,389
11 years$36,645$32,771$29,261$26,091$23,237$16,034
12 years$33,248$29,413$25,968$22,885$20,136$13,348
13 years$30,376$26,581$23,201$20,204$17,559$11,172
14 years$27,916$24,161$20,846$17,935$15,392$9,391
15 years$25,786$22,072$18,821$15,995$13,553$7,922
16 years$23,924$20,250$17,064$14,322$11,978$6,703
17 years$22,283$18,650$15,528$12,868$10,620$5,685
18 years$20,826$17,233$14,175$11,597$9,443$4,832
19 years$19,523$15,972$12,976$10,479$8,417$4,114
20 years$18,353$14,842$11,909$9,490$7,518$3,508
21 years$17,295$13,824$10,954$8,613$6,728$2,995
22 years$16,335$12,905$10,096$7,831$6,031$2,559
23 years$15,459$12,069$9,322$7,132$5,413$2,189
24 years$14,658$11,308$8,621$6,505$4,866$1,874
25 years$13,922$10,612$7,985$5,941$4,378$1,605
26 years$13,244$9,974$7,405$5,432$3,944$1,376
27 years$12,617$9,386$6,877$4,972$3,556$1,180
28 years$12,035$8,845$6,393$4,555$3,208$1,012
29 years$11,495$8,344$5,949$4,177$2,897$868
30 years$10,992$7,880$5,541$3,834$2,618$745
31 years$10,522$7,449$5,166$3,521$2,367$640
32 years$10,083$7,049$4,820$3,236$2,141$549
33 years$9,671$6,675$4,500$2,976$1,937$472
34 years$9,284$6,326$4,205$2,738$1,754$405
35 years$8,920$6,001$3,931$2,520$1,589$348
36 years$8,576$5,695$3,678$2,321$1,440$299
37 years$8,253$5,409$3,442$2,139$1,305$257
38 years$7,947$5,141$3,223$1,971$1,183$221
39 years$7,657$4,888$3,020$1,818$1,073$190
40 years$7,383$4,651$2,831$1,676$973$163
41 years$7,122$4,427$2,654$1,547$883$140
42 years$6,875$4,216$2,490$1,427$801$121
43 years$6,640$4,017$2,336$1,318$727$104
44 years$6,416$3,829$2,193$1,217$660$89
45 years$6,203$3,652$2,059$1,124$599$77
46 years$5,999$3,484$1,934$1,038$544$66
47 years$5,805$3,324$1,817$959$494$57
48 years$5,619$3,174$1,707$886$448$49
49 years$5,442$3,031$1,605$819$407$42
50 years$5,272$2,895$1,509$757$370$36

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 $2,949 every year, while hoping to spend $38,452 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: 41/32/27 Blend
49$5,400,000$5,400,000$5,400,000$5,400,000
50$5,953,842$5,667,642$5,583,942$6,150,548
51$6,520,221$5,904,444$5,730,091$6,529,646
52$7,143,082$6,151,560$5,879,848$6,935,894
53$7,828,146$6,409,456$6,033,292$7,374,896
54$8,581,715$6,678,617$6,190,506$7,849,686
55$9,410,734$6,959,553$6,351,571$8,363,597
56$10,322,853$7,252,796$6,516,573$8,920,286
57$11,326,504$7,558,903$6,685,598$9,523,776
58$12,430,975$7,878,456$6,858,733$10,178,481
59$13,646,500$8,212,067$7,036,067$10,889,257
60$14,984,358$8,560,373$7,217,690$11,661,438
61$16,456,973$8,924,042$7,403,693$12,500,888
62$18,078,038$9,303,773$7,594,171$13,414,055
63$19,862,639$9,700,299$7,789,216$14,408,026
64$21,827,399$10,114,385$7,988,926$15,490,596
65$23,990,636$10,546,832$8,193,397$16,670,339
66$26,372,533$10,998,479$8,402,729$17,956,682
67$28,995,332$11,470,205$8,617,021$19,359,998
68$31,883,540$11,962,929$8,836,375$20,891,696
69$35,064,161$12,477,613$9,060,894$22,564,330
70$38,566,954$13,015,264$9,290,682$24,391,711
71$42,424,708$13,576,937$9,525,845$26,389,040
72$46,673,557$14,163,736$9,766,489$28,573,041
73$51,353,317$14,776,816$10,012,723$30,962,124
74$56,507,862$15,417,387$10,264,657$33,576,548
75$62,185,541$16,086,716$10,522,400$36,438,614
76$68,439,631$16,786,129$10,786,064$39,572,871
77$75,328,839$17,517,015$11,055,763$43,006,341
78$82,917,860$18,280,828$11,331,611$46,768,775
79$91,277,983$19,079,091$11,613,721$50,892,927
80$100,487,768$19,913,397$11,902,212$55,414,858
81$110,633,784$20,785,416$12,197,199$60,374,275
82$121,811,425$21,696,897$12,498,800$65,814,901
83$134,125,814$22,649,669$12,807,134$71,784,878
84$147,692,795$23,645,651$13,122,321$78,337,225
85$162,640,021$24,686,849$13,444,480$85,530,326
86$179,108,166$25,775,367$13,773,732$93,428,479
87$197,252,245$26,913,406$14,110,198$102,102,496
88$217,243,084$28,103,273$14,454,000$111,630,370
89$239,268,928$29,347,383$14,805,259$122,097,997
90$263,537,221$30,648,267$15,164,097$133,599,989
91$290,276,560$32,008,574$15,530,637$146,240,553
92$319,738,855$33,431,081$15,905,000$160,134,475
93$352,201,708$34,918,694$16,287,307$175,408,190
94$387,971,032$36,474,459$16,677,681$192,200,972
95$427,383,935$38,101,566$17,076,242$210,666,240
96$470,811,911$39,803,357$17,483,110$230,972,995
97$518,664,337$41,583,332$17,898,405$253,307,412
98$571,392,343$43,445,159$18,322,245$277,874,586
99$629,493,069$45,392,679$18,754,748$304,900,455
100$693,514,358$47,429,916$19,196,028$334,633,931