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%19.8%
1 years$445,927$441,955$438,080$434,297$430,604$413,682
2 years$220,756$216,645$212,660$208,797$205,049$188,208
3 years$145,709$141,580$137,605$133,778$130,092$113,862
4 years$108,192$104,076$100,141$96,380$92,783$77,287
5 years$85,689$81,597$77,714$74,029$70,532$55,810
6 years$70,691$66,630$62,804$59,201$55,809$41,870
7 years$59,983$55,956$52,191$48,673$45,388$32,228
8 years$51,955$47,964$44,262$40,830$37,654$25,259
9 years$45,714$41,762$38,123$34,778$31,710$20,062
10 years$40,725$36,811$33,236$29,979$27,018$16,094
11 years$36,645$32,771$29,261$26,091$23,237$13,012
12 years$33,248$29,413$25,968$22,885$20,136$10,583
13 years$30,376$26,581$23,201$20,204$17,559$8,649
14 years$27,916$24,161$20,846$17,935$15,392$7,096
15 years$25,786$22,072$18,821$15,995$13,553$5,840
16 years$23,924$20,250$17,064$14,322$11,978$4,818
17 years$22,283$18,650$15,528$12,868$10,620$3,983
18 years$20,826$17,233$14,175$11,597$9,443$3,298
19 years$19,523$15,972$12,976$10,479$8,417$2,735
20 years$18,353$14,842$11,909$9,490$7,518$2,270
21 years$17,295$13,824$10,954$8,613$6,728$1,886
22 years$16,335$12,905$10,096$7,831$6,031$1,569
23 years$15,459$12,069$9,322$7,132$5,413$1,305
24 years$14,658$11,308$8,621$6,505$4,866$1,087
25 years$13,922$10,612$7,985$5,941$4,378$905
26 years$13,244$9,974$7,405$5,432$3,944$754
27 years$12,617$9,386$6,877$4,972$3,556$629
28 years$12,035$8,845$6,393$4,555$3,208$524
29 years$11,495$8,344$5,949$4,177$2,897$437
30 years$10,992$7,880$5,541$3,834$2,618$364
31 years$10,522$7,449$5,166$3,521$2,367$304
32 years$10,083$7,049$4,820$3,236$2,141$254
33 years$9,671$6,675$4,500$2,976$1,937$212
34 years$9,284$6,326$4,205$2,738$1,754$176
35 years$8,920$6,001$3,931$2,520$1,589$147
36 years$8,576$5,695$3,678$2,321$1,440$123
37 years$8,253$5,409$3,442$2,139$1,305$103
38 years$7,947$5,141$3,223$1,971$1,183$86
39 years$7,657$4,888$3,020$1,818$1,073$71
40 years$7,383$4,651$2,831$1,676$973$60
41 years$7,122$4,427$2,654$1,547$883$50
42 years$6,875$4,216$2,490$1,427$801$42
43 years$6,640$4,017$2,336$1,318$727$35
44 years$6,416$3,829$2,193$1,217$660$29
45 years$6,203$3,652$2,059$1,124$599$24
46 years$5,999$3,484$1,934$1,038$544$20
47 years$5,805$3,324$1,817$959$494$17
48 years$5,619$3,174$1,707$886$448$14
49 years$5,442$3,031$1,605$819$407$12
50 years$5,272$2,895$1,509$757$370$10

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 $5,290 every year, while hoping to spend $58,441 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: 26/46/28 Blend
49$5,400,000$5,400,000$5,400,000$5,400,000
50$5,956,257$5,670,057$5,586,357$6,058,877
51$6,501,614$5,885,709$5,711,319$6,359,308
52$7,100,639$6,109,969$5,838,509$6,676,075
53$7,758,745$6,343,198$5,967,939$7,014,751
54$8,481,893$6,585,770$6,099,621$7,377,226
55$9,276,652$6,838,079$6,233,564$7,765,576
56$10,150,260$7,100,534$6,369,778$8,182,074
57$11,110,688$7,373,562$6,508,267$8,629,212
58$12,166,721$7,657,609$6,649,037$9,109,725
59$13,328,035$7,953,141$6,792,088$9,626,609
60$14,605,293$8,260,644$6,937,422$10,183,155
61$16,010,242$8,580,624$7,085,035$10,782,972
62$17,555,825$8,913,613$7,234,922$11,430,023
63$19,256,303$9,260,164$7,387,075$12,128,659
64$21,127,387$9,620,853$7,541,483$12,883,658
65$23,186,391$9,996,285$7,698,133$13,700,268
66$25,452,389$10,387,090$7,857,007$14,584,252
67$27,946,400$10,793,925$8,018,084$15,541,945
68$30,691,583$11,217,477$8,181,341$16,580,307
69$33,713,457$11,658,465$8,346,747$17,706,988
70$37,040,138$12,117,639$8,514,272$18,930,397
71$40,702,610$12,595,781$8,683,878$20,259,778
72$44,735,012$13,093,710$8,855,524$21,705,296
73$49,174,963$13,612,281$9,029,163$23,278,129
74$54,063,913$14,152,387$9,204,744$24,990,570
75$59,447,538$14,714,960$9,382,210$26,856,139
76$65,376,171$15,300,977$9,561,497$28,889,710
77$71,905,270$15,911,455$9,742,538$31,107,646
78$79,095,952$16,547,460$9,925,256$33,527,949
79$87,015,557$17,210,104$10,109,570$36,170,428
80$95,738,294$17,900,550$10,295,392$39,056,880
81$105,345,936$18,620,012$10,482,623$42,211,294
82$115,928,591$19,369,762$10,671,160$45,660,070
83$127,585,554$20,151,127$10,860,891$49,432,266
84$140,426,243$20,965,495$11,051,693$53,559,868
85$154,571,231$21,814,316$11,243,436$58,078,085
86$170,153,386$22,699,106$11,435,980$63,025,678
87$187,319,121$23,621,452$11,629,176$68,445,319
88$206,229,779$24,583,011$11,822,860$74,383,990
89$227,063,153$25,585,515$12,016,863$80,893,418
90$250,015,166$26,630,778$12,211,000$88,030,561
91$275,301,720$27,720,692$12,405,075$95,858,136
92$303,160,729$28,857,240$12,598,879$104,445,209
93$333,854,372$30,042,494$12,792,190$113,867,832
94$367,671,561$31,278,619$12,984,771$124,209,763
95$404,930,671$32,567,881$13,176,372$135,563,243
96$445,982,543$33,912,651$13,366,723$148,029,863
97$491,213,797$35,315,406$13,555,544$161,721,510
98$541,050,482$36,778,739$13,742,532$176,761,421
99$595,962,095$38,305,360$13,927,371$193,285,333
100$656,466,013$39,898,107$14,109,722$211,442,755