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%18.6%
1 years$445,927$441,955$438,080$434,297$430,604$415,656
2 years$220,756$216,645$212,660$208,797$205,049$190,145
3 years$145,709$141,580$137,605$133,778$130,092$115,698
4 years$108,192$104,076$100,141$96,380$92,783$79,010
5 years$85,689$81,597$77,714$74,029$70,532$57,416
6 years$70,691$66,630$62,804$59,201$55,809$43,361
7 years$59,983$55,956$52,191$48,673$45,388$33,605
8 years$51,955$47,964$44,262$40,830$37,654$26,527
9 years$45,714$41,762$38,123$34,778$31,710$21,224
10 years$40,725$36,811$33,236$29,979$27,018$17,157
11 years$36,645$32,771$29,261$26,091$23,237$13,980
12 years$33,248$29,413$25,968$22,885$20,136$11,462
13 years$30,376$26,581$23,201$20,204$17,559$9,445
14 years$27,916$24,161$20,846$17,935$15,392$7,814
15 years$25,786$22,072$18,821$15,995$13,553$6,486
16 years$23,924$20,250$17,064$14,322$11,978$5,398
17 years$22,283$18,650$15,528$12,868$10,620$4,502
18 years$20,826$17,233$14,175$11,597$9,443$3,761
19 years$19,523$15,972$12,976$10,479$8,417$3,148
20 years$18,353$14,842$11,909$9,490$7,518$2,637
21 years$17,295$13,824$10,954$8,613$6,728$2,212
22 years$16,335$12,905$10,096$7,831$6,031$1,856
23 years$15,459$12,069$9,322$7,132$5,413$1,559
24 years$14,658$11,308$8,621$6,505$4,866$1,311
25 years$13,922$10,612$7,985$5,941$4,378$1,102
26 years$13,244$9,974$7,405$5,432$3,944$927
27 years$12,617$9,386$6,877$4,972$3,556$780
28 years$12,035$8,845$6,393$4,555$3,208$657
29 years$11,495$8,344$5,949$4,177$2,897$553
30 years$10,992$7,880$5,541$3,834$2,618$466
31 years$10,522$7,449$5,166$3,521$2,367$392
32 years$10,083$7,049$4,820$3,236$2,141$331
33 years$9,671$6,675$4,500$2,976$1,937$279
34 years$9,284$6,326$4,205$2,738$1,754$235
35 years$8,920$6,001$3,931$2,520$1,589$198
36 years$8,576$5,695$3,678$2,321$1,440$167
37 years$8,253$5,409$3,442$2,139$1,305$141
38 years$7,947$5,141$3,223$1,971$1,183$118
39 years$7,657$4,888$3,020$1,818$1,073$100
40 years$7,383$4,651$2,831$1,676$973$84
41 years$7,122$4,427$2,654$1,547$883$71
42 years$6,875$4,216$2,490$1,427$801$60
43 years$6,640$4,017$2,336$1,318$727$50
44 years$6,416$3,829$2,193$1,217$660$43
45 years$6,203$3,652$2,059$1,124$599$36
46 years$5,999$3,484$1,934$1,038$544$30
47 years$5,805$3,324$1,817$959$494$25
48 years$5,619$3,174$1,707$886$448$21
49 years$5,442$3,031$1,605$819$407$18
50 years$5,272$2,895$1,509$757$370$15

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 $2,687 every year, while hoping to spend $26,969 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: 41/31/28 Blend
49$5,400,000$5,400,000$5,400,000$5,400,000
50$5,953,572$5,667,372$5,583,672$6,148,534
51$6,532,141$5,916,378$5,742,030$6,538,833
52$7,168,821$6,176,682$5,904,789$6,958,305
53$7,869,510$6,448,808$6,072,069$7,411,852
54$8,640,707$6,733,307$6,243,990$7,902,625
55$9,489,574$7,030,754$6,420,679$8,434,083
56$10,424,002$7,341,753$6,602,264$9,010,025
57$11,452,687$7,666,936$6,788,876$9,634,623
58$12,585,209$8,006,963$6,980,651$10,312,461
59$13,832,125$8,362,529$7,177,727$11,048,574
60$15,205,068$8,734,359$7,380,247$11,848,494
61$16,716,856$9,123,214$7,588,357$12,718,304
62$18,381,614$9,529,890$7,802,206$13,664,688
63$20,214,906$9,955,222$8,021,947$14,694,992
64$22,233,882$10,400,084$8,247,738$15,817,297
65$24,457,441$10,865,391$8,479,740$17,040,486
66$26,906,408$11,352,103$8,718,119$18,374,327
67$29,603,730$11,861,225$8,963,045$19,829,564
68$32,574,695$12,393,809$9,214,691$21,418,016
69$35,847,166$12,950,958$9,473,235$23,152,683
70$39,451,850$13,533,827$9,738,862$25,047,866
71$43,422,582$14,143,628$10,011,757$27,119,302
72$47,796,648$14,781,629$10,292,114$29,384,305
73$52,615,135$15,449,158$10,580,128$31,861,929
74$57,923,320$16,147,607$10,876,003$34,573,140
75$63,771,095$16,878,436$11,179,946$37,541,017
76$70,213,440$17,643,173$11,492,167$40,790,959
77$77,310,941$18,443,419$11,812,886$44,350,924
78$85,130,363$19,280,853$12,142,323$48,251,688
79$93,745,278$20,157,232$12,480,709$52,527,130
80$103,236,761$21,074,401$12,828,277$57,214,547
81$113,694,153$22,034,288$13,185,266$62,355,005
82$125,215,906$23,038,919$13,551,923$67,993,715
83$137,910,515$24,090,412$13,928,499$74,180,458
84$151,897,535$25,190,990$14,315,251$80,970,051
85$167,308,716$26,342,981$14,712,444$88,422,853
86$184,289,243$27,548,824$15,120,349$96,605,335
87$202,999,107$28,811,078$15,539,242$105,590,695
88$223,614,616$30,132,422$15,969,407$115,459,547
89$246,330,060$31,515,663$16,411,135$126,300,671
90$271,359,542$32,963,747$16,864,724$138,211,849
91$298,939,002$34,479,756$17,330,478$151,300,772
92$329,328,441$36,066,925$17,808,710$165,686,058
93$362,814,379$37,728,642$18,299,739$181,498,357
94$399,712,557$39,468,457$18,803,892$198,881,575
95$440,370,920$41,290,094$19,321,505$217,994,229
96$485,172,898$43,197,452$19,852,919$239,010,928
97$534,541,028$45,194,622$20,398,486$262,124,014
98$588,940,943$47,285,888$20,958,566$287,545,368
99$648,885,766$49,475,744$21,533,525$315,508,397
100$714,940,956$51,768,897$22,123,740$346,270,226