Can I retire at age 50 with 5,800,000?

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 $5,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$478,959$474,692$470,530$466,467$462,500$448,054
2 years$237,108$232,692$228,413$224,263$220,238$205,813
3 years$156,502$152,067$147,798$143,688$139,728$125,776
4 years$116,207$111,785$107,559$103,519$99,655$86,283
5 years$92,036$87,641$83,470$79,512$75,756$63,000
6 years$75,927$71,566$67,456$63,587$59,943$47,814
7 years$64,426$60,101$56,057$52,278$48,750$37,246
8 years$55,803$51,517$47,540$43,855$40,443$29,558
9 years$49,101$44,855$40,947$37,355$34,059$23,780
10 years$43,742$39,538$35,698$32,200$29,020$19,332
11 years$39,360$35,198$31,428$28,024$24,958$15,844
12 years$35,711$31,592$27,892$24,580$21,628$13,069
13 years$32,626$28,550$24,919$21,701$18,860$10,835
14 years$29,984$25,951$22,390$19,264$16,533$9,020
15 years$27,696$23,707$20,215$17,180$14,557$7,535
16 years$25,696$21,750$18,328$15,383$12,865$6,312
17 years$23,933$20,031$16,678$13,821$11,407$5,299
18 years$22,368$18,510$15,225$12,456$10,143$4,457
19 years$20,970$17,155$13,938$11,255$9,040$3,755
20 years$19,712$15,941$12,791$10,193$8,075$3,168
21 years$18,576$14,848$11,765$9,251$7,226$2,676
22 years$17,545$13,860$10,844$8,411$6,477$2,262
23 years$16,605$12,963$10,012$7,660$5,814$1,913
24 years$15,744$12,146$9,260$6,987$5,226$1,620
25 years$14,953$11,398$8,576$6,381$4,703$1,372
26 years$14,225$10,713$7,954$5,834$4,236$1,163
27 years$13,551$10,082$7,386$5,340$3,819$986
28 years$12,927$9,500$6,866$4,893$3,446$836
29 years$12,347$8,962$6,390$4,487$3,112$709
30 years$11,806$8,464$5,952$4,118$2,812$602
31 years$11,302$8,001$5,549$3,782$2,542$511
32 years$10,830$7,571$5,177$3,476$2,299$433
33 years$10,387$7,170$4,834$3,196$2,081$368
34 years$9,971$6,795$4,516$2,941$1,884$312
35 years$9,580$6,445$4,222$2,707$1,706$265
36 years$9,212$6,117$3,950$2,493$1,546$225
37 years$8,864$5,810$3,697$2,297$1,401$191
38 years$8,535$5,522$3,462$2,117$1,270$162
39 years$8,224$5,250$3,244$1,952$1,152$138
40 years$7,930$4,995$3,040$1,801$1,045$117
41 years$7,650$4,755$2,851$1,661$948$100
42 years$7,384$4,529$2,674$1,533$860$85
43 years$7,132$4,315$2,509$1,415$781$72
44 years$6,891$4,113$2,355$1,307$709$61
45 years$6,662$3,922$2,212$1,207$643$52
46 years$6,444$3,742$2,077$1,115$584$44
47 years$6,235$3,571$1,952$1,030$530$37
48 years$6,036$3,409$1,834$952$482$32
49 years$5,845$3,255$1,724$880$437$27
50 years$5,663$3,109$1,621$813$397$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $5,800,000, adding $6,225 every year, while hoping to spend $50,897 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: 65/10/25 Blend
49$5,800,000$5,800,000$5,800,000$5,800,000
50$6,398,021$6,090,621$6,000,721$6,771,734
51$6,996,465$6,334,908$6,147,591$7,268,793
52$7,654,245$6,589,458$6,297,676$7,805,577
53$8,377,358$6,854,722$6,451,028$8,391,132
54$9,172,414$7,131,169$6,607,703$9,030,255
55$10,046,694$7,419,290$6,767,755$9,728,228
56$11,008,219$7,719,597$6,931,237$10,490,863
57$12,065,828$8,032,628$7,098,203$11,324,564
58$13,229,257$8,358,942$7,268,709$12,236,377
59$14,509,238$8,699,126$7,442,806$13,234,063
60$15,917,590$9,053,793$7,620,550$14,326,169
61$17,467,339$9,423,583$7,801,993$15,522,105
62$19,172,836$9,809,167$7,987,189$16,832,235
63$21,049,894$10,211,246$8,176,189$18,267,974
64$23,115,937$10,630,551$8,369,045$19,841,892
65$25,390,164$11,067,849$8,565,809$21,567,835
66$27,893,729$11,523,942$8,766,532$23,461,054
67$30,649,941$11,999,666$8,971,262$25,538,345
68$33,684,484$12,495,900$9,180,049$27,818,212
69$37,025,661$13,013,558$9,392,940$30,321,035
70$40,704,657$13,553,601$9,609,982$33,069,266
71$44,755,835$14,117,031$9,831,220$36,087,636
72$49,217,062$14,704,897$10,056,697$39,403,390
73$54,130,062$15,318,296$10,286,456$43,046,541
74$59,540,813$15,958,377$10,520,537$47,050,156
75$65,499,979$16,626,341$10,758,978$51,450,660
76$72,063,389$17,323,444$11,001,816$56,288,186
77$79,292,563$18,051,001$11,249,085$61,606,947
78$87,255,292$18,810,388$11,500,818$67,455,655
79$96,026,279$19,603,044$11,757,042$73,887,978
80$105,687,841$20,430,474$12,017,784$80,963,045
81$116,330,689$21,294,256$12,283,068$88,746,004
82$128,054,782$22,196,037$12,552,914$97,308,635
83$140,970,271$23,137,545$12,827,338$106,730,023
84$155,198,538$24,120,584$13,106,353$117,097,308
85$170,873,341$25,147,044$13,389,968$128,506,502
86$188,142,078$26,218,905$13,678,187$141,063,395
87$207,167,175$27,338,236$13,971,011$154,884,550
88$228,127,621$28,507,205$14,268,435$170,098,404
89$251,220,659$29,728,079$14,570,448$186,846,477
90$276,663,644$31,003,232$14,877,036$205,284,706
91$304,696,095$32,335,150$15,188,176$225,584,915
92$335,581,958$33,726,433$15,503,841$247,936,433
93$369,612,095$35,179,806$15,823,997$272,547,884
94$407,107,031$36,698,118$16,148,603$299,649,147
95$448,419,977$38,284,355$16,477,610$329,493,528
96$493,940,166$39,941,640$16,810,962$362,360,150
97$544,096,527$41,673,245$17,148,594$398,556,581
98$599,361,733$43,482,594$17,490,431$438,421,736
99$660,256,662$45,373,273$17,836,393$482,329,076
100$727,355,314$47,349,036$18,186,384$530,690,129