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%13%
1 years$470,701$466,508$462,417$458,425$454,526$448,846
2 years$233,020$228,680$224,474$220,396$216,441$210,726
3 years$153,804$149,445$145,250$141,210$137,319$131,746
4 years$114,203$109,858$105,705$101,734$97,937$92,549
5 years$90,449$86,130$82,031$78,141$74,450$69,264
6 years$74,618$70,332$66,293$62,490$58,910$53,930
7 years$63,315$59,064$55,090$51,377$47,910$43,139
8 years$54,841$50,629$46,721$43,099$39,746$35,184
9 years$48,254$44,082$40,241$36,711$33,472$29,116
10 years$42,987$38,856$35,083$31,645$28,519$24,368
11 years$38,681$34,591$30,886$27,540$24,528$20,576
12 years$35,095$31,047$27,411$24,157$21,255$17,499
13 years$32,063$28,058$24,490$21,327$18,535$14,969
14 years$29,467$25,504$22,004$18,931$16,248$12,867
15 years$27,218$23,298$19,867$16,884$14,306$11,105
16 years$25,253$21,375$18,012$15,117$12,643$9,617
17 years$23,521$19,686$16,390$13,583$11,210$8,352
18 years$21,983$18,191$14,962$12,241$9,968$7,272
19 years$20,608$16,859$13,697$11,061$8,885$6,344
20 years$19,372$15,666$12,571$10,018$7,936$5,545
21 years$18,256$14,592$11,563$9,092$7,102$4,854
22 years$17,242$13,621$10,657$8,266$6,366$4,255
23 years$16,318$12,740$9,840$7,528$5,714$3,734
24 years$15,472$11,936$9,100$6,866$5,136$3,280
25 years$14,695$11,202$8,428$6,271$4,622$2,884
26 years$13,979$10,528$7,817$5,734$4,163$2,538
27 years$13,318$9,908$7,259$5,248$3,753$2,235
28 years$12,704$9,336$6,748$4,808$3,387$1,969
29 years$12,134$8,808$6,279$4,409$3,058$1,736
30 years$11,603$8,318$5,849$4,047$2,763$1,531
31 years$11,107$7,863$5,453$3,717$2,498$1,351
32 years$10,643$7,440$5,088$3,416$2,260$1,192
33 years$10,208$7,046$4,750$3,141$2,045$1,052
34 years$9,799$6,678$4,438$2,890$1,852$929
35 years$9,415$6,334$4,150$2,660$1,677$821
36 years$9,053$6,012$3,882$2,450$1,520$725
37 years$8,711$5,710$3,633$2,257$1,377$641
38 years$8,388$5,426$3,403$2,081$1,249$567
39 years$8,082$5,160$3,188$1,919$1,132$501
40 years$7,793$4,909$2,988$1,770$1,027$443
41 years$7,518$4,673$2,802$1,633$932$391
42 years$7,257$4,451$2,628$1,507$845$346
43 years$7,009$4,241$2,466$1,391$767$306
44 years$6,772$4,042$2,315$1,284$696$271
45 years$6,547$3,855$2,174$1,186$632$239
46 years$6,333$3,677$2,042$1,096$574$212
47 years$6,128$3,509$1,918$1,012$521$187
48 years$5,932$3,350$1,802$935$473$166
49 years$5,744$3,199$1,694$864$430$147
50 years$5,565$3,056$1,593$799$391$130

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 $6,753 every year, while hoping to spend $45,772 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: 65/30/5 Blend
49$5,700,000$5,700,000$5,700,000$5,700,000
50$6,288,366$5,986,266$5,897,916$6,692,433
51$6,881,078$6,230,892$6,046,795$7,206,272
52$7,532,713$6,485,970$6,199,127$7,761,310
53$8,249,232$6,751,965$6,354,981$8,366,446
54$9,037,204$7,029,362$6,514,423$9,026,541
55$9,903,865$7,318,667$6,677,522$9,746,942
56$10,857,189$7,620,412$6,844,349$10,533,532
57$11,905,961$7,935,150$7,014,973$11,392,780
58$13,059,860$8,263,463$7,189,465$12,331,807
59$14,329,550$8,605,957$7,367,897$13,358,448
60$15,726,782$8,963,268$7,550,340$14,481,321
61$17,264,504$9,336,058$7,736,867$15,709,915
62$18,956,982$9,725,024$7,927,550$17,054,671
63$20,819,935$10,130,890$8,122,464$18,527,081
64$22,870,684$10,554,419$8,321,682$20,139,795
65$25,128,313$10,996,405$8,525,277$21,906,738
66$27,613,851$11,457,679$8,733,325$23,843,239
67$30,350,472$11,939,114$8,945,899$25,966,175
68$33,363,709$12,441,619$9,163,075$28,294,126
69$36,681,696$12,966,147$9,384,927$30,847,548
70$40,335,438$13,513,697$9,611,531$33,648,968
71$44,359,095$14,085,311$9,842,960$36,723,189
72$48,790,313$14,682,081$10,079,289$40,097,522
73$53,670,573$15,305,151$10,320,593$43,802,045
74$59,045,584$15,955,716$10,566,946$47,869,879
75$64,965,716$16,635,028$10,818,421$52,337,503
76$71,486,471$17,344,397$11,075,090$57,245,089
77$78,669,013$18,085,194$11,337,028$62,636,884
78$86,580,738$18,858,855$11,604,304$68,561,619
79$95,295,915$19,666,880$11,876,989$75,072,969
80$104,896,384$20,510,843$12,155,154$82,230,057
81$115,472,330$21,392,389$12,438,867$90,098,002
82$127,123,132$22,313,241$12,728,194$98,748,537
83$139,958,304$23,275,202$13,023,201$108,260,676
84$154,098,525$24,280,161$13,323,952$118,721,460
85$169,676,780$25,330,094$13,630,509$130,226,772
86$186,839,612$26,427,069$13,942,932$142,882,236
87$205,748,512$27,573,255$14,261,279$156,804,211
88$226,581,434$28,770,918$14,585,606$172,120,884
89$249,534,481$30,022,434$14,915,964$188,973,475
90$274,823,753$31,330,288$15,252,405$207,517,560
91$302,687,389$32,697,086$15,594,974$227,924,542
92$333,387,812$34,125,552$15,943,715$250,383,252
93$367,214,207$35,618,542$16,298,667$275,101,738
94$404,485,250$37,179,045$16,659,867$302,309,208
95$445,552,119$38,810,191$17,027,345$332,258,198
96$490,801,803$40,515,259$17,401,129$365,226,943
97$540,660,761$42,297,681$17,781,241$401,521,998
98$595,598,944$44,161,052$18,167,698$441,481,120
99$656,134,231$46,109,139$18,560,511$485,476,452
100$722,837,320$48,145,884$18,959,685$533,918,028