Can I retire at age 50 with 5,700,000?

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 $5,700,000?

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$470,701$466,508$462,417$458,425$454,526$438,748
2 years$233,020$228,680$224,474$220,396$216,441$200,708
3 years$153,804$149,445$145,250$141,210$137,319$122,126
4 years$114,203$109,858$105,705$101,734$97,937$83,399
5 years$90,449$86,130$82,031$78,141$74,450$60,606
6 years$74,618$70,332$66,293$62,490$58,910$45,770
7 years$63,315$59,064$55,090$51,377$47,910$35,472
8 years$54,841$50,629$46,721$43,099$39,746$28,000
9 years$48,254$44,082$40,241$36,711$33,472$22,403
10 years$42,987$38,856$35,083$31,645$28,519$18,110
11 years$38,681$34,591$30,886$27,540$24,528$14,756
12 years$35,095$31,047$27,411$24,157$21,255$12,099
13 years$32,063$28,058$24,490$21,327$18,535$9,970
14 years$29,467$25,504$22,004$18,931$16,248$8,248
15 years$27,218$23,298$19,867$16,884$14,306$6,846
16 years$25,253$21,375$18,012$15,117$12,643$5,697
17 years$23,521$19,686$16,390$13,583$11,210$4,752
18 years$21,983$18,191$14,962$12,241$9,968$3,970
19 years$20,608$16,859$13,697$11,061$8,885$3,322
20 years$19,372$15,666$12,571$10,018$7,936$2,784
21 years$18,256$14,592$11,563$9,092$7,102$2,335
22 years$17,242$13,621$10,657$8,266$6,366$1,960
23 years$16,318$12,740$9,840$7,528$5,714$1,646
24 years$15,472$11,936$9,100$6,866$5,136$1,384
25 years$14,695$11,202$8,428$6,271$4,622$1,163
26 years$13,979$10,528$7,817$5,734$4,163$979
27 years$13,318$9,908$7,259$5,248$3,753$824
28 years$12,704$9,336$6,748$4,808$3,387$693
29 years$12,134$8,808$6,279$4,409$3,058$584
30 years$11,603$8,318$5,849$4,047$2,763$492
31 years$11,107$7,863$5,453$3,717$2,498$414
32 years$10,643$7,440$5,088$3,416$2,260$349
33 years$10,208$7,046$4,750$3,141$2,045$294
34 years$9,799$6,678$4,438$2,890$1,852$248
35 years$9,415$6,334$4,150$2,660$1,677$209
36 years$9,053$6,012$3,882$2,450$1,520$176
37 years$8,711$5,710$3,633$2,257$1,377$148
38 years$8,388$5,426$3,403$2,081$1,249$125
39 years$8,082$5,160$3,188$1,919$1,132$105
40 years$7,793$4,909$2,988$1,770$1,027$89
41 years$7,518$4,673$2,802$1,633$932$75
42 years$7,257$4,451$2,628$1,507$845$63
43 years$7,009$4,241$2,466$1,391$767$53
44 years$6,772$4,042$2,315$1,284$696$45
45 years$6,547$3,855$2,174$1,186$632$38
46 years$6,333$3,677$2,042$1,096$574$32
47 years$6,128$3,509$1,918$1,012$521$27
48 years$5,932$3,350$1,802$935$473$23
49 years$5,744$3,199$1,694$864$430$19
50 years$5,565$3,056$1,593$799$391$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $5,700,000, adding $3,389 every year, while hoping to spend $28,136 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: 90/5/5 Blend
49$5,700,000$5,700,000$5,700,000$5,700,000
50$6,284,896$5,982,796$5,894,446$6,851,417
51$6,896,019$6,246,016$6,061,973$7,483,199
52$7,568,533$6,521,192$6,234,170$8,173,620
53$8,308,671$6,808,878$6,411,162$8,932,018
54$9,123,300$7,109,657$6,593,081$9,765,240
55$10,019,986$7,424,140$6,780,058$10,680,829
56$11,007,067$7,752,965$6,972,232$11,687,095
57$12,093,728$8,096,801$7,169,743$12,793,193
58$13,290,094$8,456,349$7,372,734$14,009,204
59$14,607,317$8,832,343$7,581,354$15,346,240
60$16,057,688$9,225,553$7,795,754$16,816,537
61$17,654,750$9,636,783$8,016,090$18,433,577
62$19,413,426$10,066,878$8,242,521$20,212,216
63$21,350,162$10,516,721$8,475,212$22,168,815
64$23,483,076$10,987,238$8,714,329$24,321,406
65$25,832,136$11,479,399$8,960,045$26,689,850
66$28,419,345$11,994,220$9,212,537$29,296,033
67$31,268,947$12,532,766$9,471,986$32,164,067
68$34,407,660$13,096,151$9,738,578$35,320,516
69$37,864,923$13,685,545$10,012,503$38,794,652
70$41,673,180$14,302,171$10,293,956$42,618,726
71$45,868,179$14,947,312$10,583,139$46,828,270
72$50,489,314$15,622,312$10,880,255$51,462,437
73$55,579,997$16,328,577$11,185,516$56,564,368
74$61,188,063$17,067,585$11,499,137$62,181,594
75$67,366,228$17,840,878$11,821,341$68,366,492
76$74,172,581$18,650,079$12,152,353$75,176,770
77$81,671,133$19,496,882$12,492,406$82,676,019
78$89,932,427$20,383,067$12,841,740$90,934,304
79$99,034,193$21,310,496$13,200,597$100,028,833
80$109,062,093$22,281,122$13,569,229$110,044,677
81$120,110,520$23,296,991$13,947,891$121,075,579
82$132,283,495$24,360,246$14,336,848$133,224,833
83$145,695,648$25,473,135$14,736,369$146,606,259
84$160,473,297$26,638,011$15,146,730$161,345,278
85$176,755,641$27,857,341$15,568,213$177,580,093
86$194,696,077$29,133,712$16,001,110$195,462,993
87$214,463,646$30,469,833$16,445,716$215,161,790
88$236,244,627$31,868,544$16,902,336$236,861,402
89$260,244,298$33,332,821$17,371,283$260,765,594
90$286,688,870$34,865,783$17,852,875$287,098,904
91$315,827,627$36,470,699$18,347,439$316,108,762
92$347,935,278$38,150,996$18,855,310$348,067,818
93$383,314,545$39,910,264$19,376,833$383,276,522
94$422,299,029$41,752,267$19,912,357$422,065,952
95$465,256,352$43,680,950$20,462,242$464,800,942
96$512,591,630$45,700,447$21,026,858$511,883,525
97$564,751,300$47,815,092$21,606,581$563,756,720
98$622,227,328$50,029,427$22,201,797$620,908,722
99$685,561,861$52,348,214$22,812,902$683,877,499
100$755,352,337$54,776,443$23,440,301$753,255,875