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%14.6%
1 years$470,701$466,508$462,417$458,425$454,526$445,896
2 years$233,020$228,680$224,474$220,396$216,441$207,780
3 years$153,804$149,445$145,250$141,210$137,319$128,897
4 years$114,203$109,858$105,705$101,734$97,937$89,819
5 years$90,449$86,130$82,031$78,141$74,450$66,659
6 years$74,618$70,332$66,293$62,490$58,910$51,455
7 years$63,315$59,064$55,090$51,377$47,910$40,792
8 years$54,841$50,629$46,721$43,099$39,746$32,964
9 years$48,254$44,082$40,241$36,711$33,472$27,021
10 years$42,987$38,856$35,083$31,645$28,519$22,394
11 years$38,681$34,591$30,886$27,540$24,528$18,721
12 years$35,095$31,047$27,411$24,157$21,255$15,758
13 years$32,063$28,058$24,490$21,327$18,535$13,339
14 years$29,467$25,504$22,004$18,931$16,248$11,344
15 years$27,218$23,298$19,867$16,884$14,306$9,684
16 years$25,253$21,375$18,012$15,117$12,643$8,293
17 years$23,521$19,686$16,390$13,583$11,210$7,121
18 years$21,983$18,191$14,962$12,241$9,968$6,128
19 years$20,608$16,859$13,697$11,061$8,885$5,284
20 years$19,372$15,666$12,571$10,018$7,936$4,564
21 years$18,256$14,592$11,563$9,092$7,102$3,947
22 years$17,242$13,621$10,657$8,266$6,366$3,418
23 years$16,318$12,740$9,840$7,528$5,714$2,963
24 years$15,472$11,936$9,100$6,866$5,136$2,570
25 years$14,695$11,202$8,428$6,271$4,622$2,232
26 years$13,979$10,528$7,817$5,734$4,163$1,939
27 years$13,318$9,908$7,259$5,248$3,753$1,685
28 years$12,704$9,336$6,748$4,808$3,387$1,466
29 years$12,134$8,808$6,279$4,409$3,058$1,275
30 years$11,603$8,318$5,849$4,047$2,763$1,110
31 years$11,107$7,863$5,453$3,717$2,498$967
32 years$10,643$7,440$5,088$3,416$2,260$842
33 years$10,208$7,046$4,750$3,141$2,045$733
34 years$9,799$6,678$4,438$2,890$1,852$639
35 years$9,415$6,334$4,150$2,660$1,677$557
36 years$9,053$6,012$3,882$2,450$1,520$485
37 years$8,711$5,710$3,633$2,257$1,377$423
38 years$8,388$5,426$3,403$2,081$1,249$369
39 years$8,082$5,160$3,188$1,919$1,132$322
40 years$7,793$4,909$2,988$1,770$1,027$281
41 years$7,518$4,673$2,802$1,633$932$245
42 years$7,257$4,451$2,628$1,507$845$213
43 years$7,009$4,241$2,466$1,391$767$186
44 years$6,772$4,042$2,315$1,284$696$162
45 years$6,547$3,855$2,174$1,186$632$142
46 years$6,333$3,677$2,042$1,096$574$124
47 years$6,128$3,509$1,918$1,012$521$108
48 years$5,932$3,350$1,802$935$473$94
49 years$5,744$3,199$1,694$864$430$82
50 years$5,565$3,056$1,593$799$391$72

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 $5,350 every year, while hoping to spend $29,048 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: 70/25/5 Blend
49$5,700,000$5,700,000$5,700,000$5,700,000
50$6,286,919$5,984,819$5,896,469$6,723,477
51$6,897,277$6,247,168$6,063,093$7,274,827
52$7,568,919$6,521,399$6,234,327$7,873,780
53$8,308,064$6,808,062$6,410,292$8,528,313
54$9,121,566$7,107,737$6,591,116$9,243,871
55$10,016,977$7,421,027$6,776,930$10,026,444
56$11,002,618$7,748,566$6,967,866$10,882,625
57$12,087,657$8,091,018$7,164,061$11,819,667
58$13,282,197$8,449,077$7,365,656$12,845,554
59$14,597,371$8,823,472$7,572,795$13,969,071
60$16,045,444$9,214,964$7,785,626$15,199,888
61$17,639,935$9,624,352$8,004,299$16,548,650
62$19,395,735$10,052,472$8,228,971$18,027,072
63$21,329,258$10,500,201$8,459,799$19,648,054
64$23,458,588$10,968,457$8,696,948$21,425,794
65$25,803,652$11,458,200$8,940,584$23,375,926
66$28,386,410$11,970,437$9,190,879$25,515,662
67$31,231,060$12,506,223$9,448,009$27,863,954
68$34,364,264$13,066,665$9,712,153$30,441,669
69$37,815,405$13,652,918$9,983,497$33,271,787
70$41,616,862$14,266,196$10,262,229$36,379,612
71$45,804,312$14,907,770$10,548,544$39,793,009
72$50,417,072$15,578,971$10,842,641$43,542,666
73$55,498,466$16,281,193$11,144,722$47,662,380
74$61,096,236$17,015,898$11,454,996$52,189,374
75$67,262,992$17,784,616$11,773,678$57,164,643
76$74,056,707$18,588,953$12,100,987$62,633,341
77$81,541,267$19,430,588$12,437,146$68,645,201
78$89,787,073$20,311,282$12,782,386$75,255,004
79$98,871,700$21,232,882$13,136,943$82,523,089
80$108,880,640$22,197,319$13,501,057$90,515,923
81$119,908,099$23,206,621$13,874,976$99,306,720
82$132,057,890$24,262,910$14,258,952$108,976,133
83$145,444,413$25,368,411$14,653,245$119,613,007
84$160,193,735$26,525,456$15,058,121$131,315,215
85$176,444,779$27,736,485$15,473,851$144,190,577
86$194,350,634$29,004,061$15,900,713$158,357,872
87$214,080,004$30,330,866$16,338,992$173,947,956
88$235,818,796$31,719,710$16,788,980$191,104,992
89$259,771,879$33,173,541$17,250,976$209,987,802
90$286,165,011$34,695,446$17,725,285$230,771,364
91$315,246,980$36,288,660$18,212,220$253,648,456
92$347,291,944$37,956,576$18,712,101$278,831,471
93$382,602,022$39,702,748$19,225,256$306,554,412
94$421,510,146$41,530,900$19,752,020$337,075,098
95$464,383,204$43,444,938$20,292,736$370,677,588
96$511,625,504$45,448,953$20,847,755$407,674,857
97$563,682,587$47,547,234$21,417,437$448,411,739
98$621,045,439$49,744,275$22,002,148$493,268,177
99$684,255,118$52,044,790$22,602,265$542,662,802
100$753,907,871$54,453,715$23,218,172$597,056,872