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%17.9%
1 years$487,216$482,877$478,642$474,510$470,474$455,414
2 years$241,196$236,704$232,351$228,130$224,035$209,001
3 years$159,200$154,689$150,346$146,165$142,137$127,601
4 years$118,210$113,713$109,414$105,304$101,373$87,447
5 years$93,623$89,152$84,909$80,883$77,063$63,782
6 years$77,236$72,799$68,619$64,683$60,977$48,355
7 years$65,536$61,137$57,023$53,179$49,591$37,625
8 years$56,765$52,406$48,360$44,611$41,140$29,823
9 years$49,947$45,628$41,653$37,999$34,646$23,964
10 years$44,496$40,219$36,314$32,755$29,520$19,457
11 years$40,038$35,805$31,970$28,507$25,388$15,926
12 years$36,327$32,136$28,373$25,004$22,001$13,119
13 years$33,188$29,042$25,349$22,075$19,185$10,862
14 years$30,501$26,398$22,776$19,596$16,818$9,030
15 years$28,174$24,115$20,564$17,476$14,808$7,532
16 years$26,139$22,125$18,644$15,648$13,087$6,300
17 years$24,346$20,377$16,965$14,059$11,604$5,282
18 years$22,754$18,829$15,487$12,670$10,318$4,436
19 years$21,331$17,450$14,178$11,449$9,196$3,732
20 years$20,052$16,216$13,012$10,369$8,214$3,144
21 years$18,897$15,104$11,968$9,411$7,351$2,651
22 years$17,847$14,099$11,031$8,556$6,589$2,237
23 years$16,891$13,187$10,185$7,792$5,915$1,890
24 years$16,015$12,355$9,419$7,107$5,316$1,597
25 years$15,211$11,595$8,724$6,491$4,784$1,351
26 years$14,470$10,897$8,091$5,935$4,309$1,143
27 years$13,785$10,256$7,513$5,432$3,885$967
28 years$13,150$9,664$6,985$4,977$3,506$819
29 years$12,560$9,117$6,500$4,564$3,165$693
30 years$12,010$8,610$6,054$4,189$2,860$587
31 years$11,497$8,139$5,644$3,847$2,586$498
32 years$11,016$7,701$5,266$3,535$2,339$422
33 years$10,566$7,293$4,917$3,251$2,117$357
34 years$10,143$6,912$4,594$2,991$1,917$303
35 years$9,745$6,556$4,295$2,754$1,736$257
36 years$9,371$6,223$4,018$2,536$1,573$218
37 years$9,017$5,910$3,761$2,337$1,426$185
38 years$8,682$5,617$3,522$2,154$1,292$157
39 years$8,366$5,341$3,300$1,986$1,172$133
40 years$8,066$5,082$3,093$1,832$1,063$113
41 years$7,782$4,837$2,900$1,690$964$95
42 years$7,512$4,607$2,720$1,560$875$81
43 years$7,255$4,389$2,553$1,440$794$69
44 years$7,010$4,184$2,396$1,329$721$58
45 years$6,777$3,990$2,250$1,228$654$49
46 years$6,555$3,806$2,113$1,134$594$42
47 years$6,343$3,632$1,985$1,048$540$36
48 years$6,140$3,467$1,866$968$490$30
49 years$5,946$3,311$1,754$895$445$26
50 years$5,760$3,163$1,649$827$404$22

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 $2,590 every year, while hoping to spend $40,714 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: 44/31/25 Blend
49$5,900,000$5,900,000$5,900,000$5,900,000
50$6,504,472$6,191,772$6,100,322$6,743,378
51$7,124,608$6,451,849$6,261,363$7,173,402
52$7,806,634$6,723,306$6,426,435$7,635,121
53$8,556,820$7,006,656$6,595,629$8,134,826
54$9,382,072$7,302,439$6,769,039$8,676,064
55$10,290,002$7,611,217$6,946,761$9,262,734
56$11,288,997$7,933,581$7,128,892$9,899,120
57$12,388,295$8,270,148$7,315,530$10,589,927
58$13,598,078$8,621,562$7,506,778$11,340,330
59$14,929,564$8,988,500$7,702,736$12,156,012
60$16,395,112$9,371,670$7,903,511$13,043,225
61$18,008,343$9,771,810$8,109,207$14,008,840
62$19,784,262$10,189,697$8,319,934$15,060,414
63$21,739,406$10,626,141$8,535,801$16,206,257
64$23,891,994$11,081,991$8,756,919$17,455,509
65$26,262,104$11,558,136$8,983,403$18,818,223
66$28,871,860$12,055,505$9,215,367$20,305,459
67$31,745,637$12,575,072$9,452,930$21,929,383
68$34,910,298$13,117,857$9,696,209$23,703,383
69$38,395,443$13,684,926$9,945,326$25,642,189
70$42,233,687$14,277,397$10,200,404$27,762,011
71$46,460,973$14,896,439$10,461,568$30,080,691
72$51,116,905$15,543,277$10,728,943$32,617,861
73$56,245,124$16,219,193$11,002,657$35,395,133
74$61,893,722$16,925,529$11,282,842$38,436,296
75$68,115,693$17,663,691$11,569,628$41,767,537
76$74,969,432$18,435,150$11,863,148$45,417,684
77$82,519,289$19,241,447$12,163,539$49,418,475
78$90,836,176$20,084,197$12,470,937$53,804,853
79$99,998,232$20,965,090$12,785,480$58,615,294
80$110,091,566$21,885,894$13,107,308$63,892,162
81$121,211,067$22,848,463$13,436,563$69,682,103
82$133,461,296$23,854,738$13,773,388$76,036,489
83$146,957,479$24,906,751$14,117,928$83,011,888
84$161,826,592$26,006,632$14,470,329$90,670,597
85$178,208,557$27,156,610$14,830,738$99,081,226
86$196,257,566$28,359,020$15,199,303$108,319,337
87$216,143,533$29,616,307$15,576,175$118,468,153
88$238,053,702$30,931,034$15,961,505$129,619,337
89$262,194,408$32,305,884$16,355,445$141,873,848
90$288,793,033$33,743,667$16,758,147$155,342,894
91$318,100,143$35,247,327$17,169,765$170,148,965
92$350,391,860$36,819,949$17,590,455$186,426,993
93$385,972,466$38,464,763$18,020,372$204,325,607
94$425,177,274$40,185,152$18,459,670$224,008,535
95$468,375,794$41,984,663$18,908,507$245,656,139
96$515,975,221$43,867,008$19,367,039$269,467,108
97$568,424,281$45,836,079$19,835,422$295,660,326
98$626,217,462$47,895,951$20,313,813$324,476,926
99$689,899,686$50,050,895$20,802,368$356,182,561
100$760,071,449$52,305,385$21,301,243$391,069,894