Can I retire at age 50 with 5,900,000?

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 $5,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$487,216$482,877$478,642$474,510$470,474$465,755
2 years$241,196$236,704$232,351$228,130$224,035$219,282
3 years$159,200$154,689$150,346$146,165$142,137$137,497
4 years$118,210$113,713$109,414$105,304$101,373$96,883
5 years$93,623$89,152$84,909$80,883$77,063$72,734
6 years$77,236$72,799$68,619$64,683$60,977$56,816
7 years$65,536$61,137$57,023$53,179$49,591$45,599
8 years$56,765$52,406$48,360$44,611$41,140$37,318
9 years$49,947$45,628$41,653$37,999$34,646$30,992
10 years$44,496$40,219$36,314$32,755$29,520$26,032
11 years$40,038$35,805$31,970$28,507$25,388$22,063
12 years$36,327$32,136$28,373$25,004$22,001$18,835
13 years$33,188$29,042$25,349$22,075$19,185$16,175
14 years$30,501$26,398$22,776$19,596$16,818$13,960
15 years$28,174$24,115$20,564$17,476$14,808$12,097
16 years$26,139$22,125$18,644$15,648$13,087$10,519
17 years$24,346$20,377$16,965$14,059$11,604$9,174
18 years$22,754$18,829$15,487$12,670$10,318$8,022
19 years$21,331$17,450$14,178$11,449$9,196$7,029
20 years$20,052$16,216$13,012$10,369$8,214$6,171
21 years$18,897$15,104$11,968$9,411$7,351$5,426
22 years$17,847$14,099$11,031$8,556$6,589$4,778
23 years$16,891$13,187$10,185$7,792$5,915$4,212
24 years$16,015$12,355$9,419$7,107$5,316$3,718
25 years$15,211$11,595$8,724$6,491$4,784$3,284
26 years$14,470$10,897$8,091$5,935$4,309$2,904
27 years$13,785$10,256$7,513$5,432$3,885$2,569
28 years$13,150$9,664$6,985$4,977$3,506$2,275
29 years$12,560$9,117$6,500$4,564$3,165$2,015
30 years$12,010$8,610$6,054$4,189$2,860$1,786
31 years$11,497$8,139$5,644$3,847$2,586$1,583
32 years$11,016$7,701$5,266$3,535$2,339$1,404
33 years$10,566$7,293$4,917$3,251$2,117$1,246
34 years$10,143$6,912$4,594$2,991$1,917$1,106
35 years$9,745$6,556$4,295$2,754$1,736$982
36 years$9,371$6,223$4,018$2,536$1,573$872
37 years$9,017$5,910$3,761$2,337$1,426$774
38 years$8,682$5,617$3,522$2,154$1,292$688
39 years$8,366$5,341$3,300$1,986$1,172$611
40 years$8,066$5,082$3,093$1,832$1,063$543
41 years$7,782$4,837$2,900$1,690$964$483
42 years$7,512$4,607$2,720$1,560$875$429
43 years$7,255$4,389$2,553$1,440$794$381
44 years$7,010$4,184$2,396$1,329$721$339
45 years$6,777$3,990$2,250$1,228$654$302
46 years$6,555$3,806$2,113$1,134$594$268
47 years$6,343$3,632$1,985$1,048$540$238
48 years$6,140$3,467$1,866$968$490$212
49 years$5,946$3,311$1,754$895$445$189
50 years$5,760$3,163$1,649$827$404$168

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $5,900,000, adding $3,614 every year, while hoping to spend $48,632 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: 43/36/21 Blend
49$5,900,000$5,900,000$5,900,000$5,900,000
50$6,505,528$6,192,828$6,101,378$6,745,326
51$7,117,348$6,444,532$6,254,030$7,167,229
52$7,789,943$6,706,940$6,410,166$7,619,040
53$8,529,462$6,980,525$6,569,851$8,107,557
54$9,342,678$7,265,781$6,733,152$8,636,193
55$10,237,052$7,563,226$6,900,134$9,208,692
56$11,220,808$7,873,401$7,070,865$9,829,169
57$12,303,003$8,196,870$7,245,412$10,502,147
58$13,493,619$8,534,227$7,423,843$11,232,592
59$14,803,653$8,886,089$7,606,226$12,025,964
60$16,245,222$9,253,103$7,792,630$12,888,264
61$17,831,675$9,635,945$7,983,124$13,826,089
62$19,577,724$10,035,325$8,177,777$14,846,693
63$21,499,578$10,451,982$8,376,659$15,958,050
64$23,615,096$10,886,690$8,579,837$17,168,931
65$25,943,957$11,340,259$8,787,383$18,488,983
66$28,507,846$11,813,537$8,999,366$19,928,816
67$31,330,656$12,307,410$9,215,855$21,500,103
68$34,438,716$12,822,806$9,436,919$23,215,684
69$37,861,036$13,360,695$9,662,627$25,089,689
70$41,629,584$13,922,091$9,893,047$27,137,664
71$45,779,586$14,508,058$10,128,249$29,376,716
72$50,349,858$15,119,707$10,368,299$31,825,675
73$55,383,170$15,758,200$10,613,264$34,505,262
74$60,926,656$16,424,754$10,863,211$37,438,284
75$67,032,252$17,120,644$11,118,205$40,649,848
76$73,757,187$17,847,201$11,378,310$44,167,589
77$81,164,526$18,605,819$11,643,590$48,021,933
78$89,323,763$19,397,960$11,914,106$52,246,375
79$98,311,477$20,225,150$12,189,918$56,877,792
80$108,212,053$21,088,988$12,471,086$61,956,788
81$119,118,481$21,991,147$12,757,666$67,528,072
82$131,133,232$22,933,379$13,049,714$73,640,874
83$144,369,225$23,917,518$13,347,282$80,349,407
84$158,950,891$24,945,482$13,650,422$87,713,369
85$175,015,352$26,019,280$13,959,181$95,798,506
86$192,713,709$27,141,016$14,273,605$104,677,224
87$212,212,473$28,312,891$14,593,735$114,429,265
88$233,695,132$29,537,210$14,919,613$125,142,457
89$257,363,887$30,816,385$15,251,272$136,913,535
90$283,441,559$32,152,944$15,588,745$149,849,045
91$312,173,690$33,549,530$15,932,060$164,066,345
92$343,830,863$35,008,913$16,281,240$179,694,705
93$378,711,254$36,533,993$16,636,305$196,876,519
94$417,143,449$38,127,806$16,997,268$215,768,639
95$459,489,543$39,793,530$17,364,138$236,543,850
96$506,148,558$41,534,495$17,736,919$259,392,493
97$557,560,212$43,354,186$18,115,607$284,524,247
98$614,209,067$45,256,254$18,500,192$312,170,104
99$676,629,102$47,244,521$18,890,659$342,584,536
100$745,408,759$49,322,991$19,286,985$376,047,889