Can I retire at age 50 with 6,000,000?

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 $6,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$495,474$491,061$486,755$482,552$478,448$461,106
2 years$245,284$240,716$236,289$231,996$227,833$210,551
3 years$161,899$157,311$152,895$148,642$144,546$127,868
4 years$120,214$115,640$111,268$107,088$103,092$87,145
5 years$95,210$90,663$86,349$82,254$78,369$63,195
6 years$78,545$74,033$69,782$65,779$62,010$47,620
7 years$66,647$62,173$57,990$54,081$50,431$36,822
8 years$57,728$53,294$49,180$45,367$41,837$28,997
9 years$50,794$46,402$42,359$38,643$35,233$23,144
10 years$45,250$40,901$36,929$33,310$30,020$18,662
11 years$40,717$36,412$32,512$28,990$25,819$15,166
12 years$36,942$32,681$28,853$25,428$22,374$12,402
13 years$33,751$29,534$25,779$22,449$19,510$10,191
14 years$31,018$26,846$23,162$19,928$17,103$8,408
15 years$28,651$24,524$20,912$17,772$15,059$6,959
16 years$26,582$22,500$18,960$15,913$13,309$5,775
17 years$24,759$20,722$17,253$14,298$11,801$4,802
18 years$23,140$19,148$15,750$12,885$10,492$4,000
19 years$21,693$17,746$14,418$11,643$9,352$3,337
20 years$20,392$16,491$13,232$10,545$8,354$2,788
21 years$19,217$15,360$12,171$9,570$7,475$2,331
22 years$18,150$14,338$11,218$8,701$6,701$1,950
23 years$17,177$13,410$10,357$7,925$6,015$1,633
24 years$16,287$12,565$9,579$7,228$5,406$1,368
25 years$15,469$11,791$8,872$6,601$4,865$1,147
26 years$14,715$11,082$8,228$6,035$4,382$962
27 years$14,018$10,429$7,641$5,524$3,951$807
28 years$13,373$9,828$7,103$5,061$3,565$677
29 years$12,773$9,271$6,610$4,641$3,219$568
30 years$12,213$8,756$6,157$4,260$2,909$477
31 years$11,691$8,277$5,740$3,912$2,630$400
32 years$11,203$7,832$5,355$3,595$2,379$336
33 years$10,745$7,417$5,000$3,306$2,153$282
34 years$10,315$7,029$4,672$3,042$1,949$237
35 years$9,911$6,667$4,368$2,800$1,765$199
36 years$9,529$6,328$4,086$2,579$1,599$167
37 years$9,170$6,010$3,825$2,376$1,450$141
38 years$8,830$5,712$3,582$2,190$1,314$118
39 years$8,508$5,432$3,356$2,020$1,192$99
40 years$8,203$5,168$3,145$1,863$1,081$83
41 years$7,914$4,919$2,949$1,719$981$70
42 years$7,639$4,685$2,766$1,586$890$59
43 years$7,378$4,464$2,596$1,464$808$49
44 years$7,129$4,255$2,437$1,352$733$42
45 years$6,892$4,057$2,288$1,248$666$35
46 years$6,666$3,871$2,149$1,153$604$29
47 years$6,450$3,694$2,019$1,065$549$25
48 years$6,244$3,526$1,897$985$498$21
49 years$6,047$3,367$1,783$910$453$17
50 years$5,858$3,217$1,677$841$411$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $6,000,000, adding $4,648 every year, while hoping to spend $41,452 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: 37/50/13 Blend
49$6,000,000$6,000,000$6,000,000$6,000,000
50$6,616,794$6,298,794$6,205,794$6,835,110
51$7,247,603$6,563,331$6,369,584$7,256,327
52$7,941,364$6,839,440$6,537,471$7,706,670
53$8,704,457$7,127,646$6,709,549$8,192,192
54$9,543,906$7,428,495$6,885,914$8,716,058
55$10,467,455$7,742,561$7,066,662$9,281,740
56$11,483,632$8,070,444$7,251,893$9,893,042
57$12,601,838$8,412,771$7,441,706$10,554,140
58$13,832,427$8,770,198$7,636,205$11,269,614
59$15,186,809$9,143,413$7,835,493$12,044,492
60$16,677,559$9,533,135$8,039,677$12,884,291
61$18,318,528$9,940,117$8,248,864$13,795,069
62$20,124,982$10,365,147$8,463,165$14,783,479
63$22,113,739$10,809,049$8,682,691$15,856,826
64$24,303,335$11,272,686$8,907,555$17,023,136
65$26,714,190$11,756,962$9,137,873$18,291,223
66$29,368,807$12,262,823$9,373,761$19,670,777
67$32,291,983$12,791,260$9,615,340$21,172,442
68$35,511,041$13,343,307$9,862,730$22,807,920
69$39,056,090$13,920,051$10,116,053$24,590,072
70$42,960,305$14,522,628$10,375,435$26,533,039
71$47,260,246$15,152,226$10,641,002$28,652,368
72$51,996,197$15,810,092$10,912,882$30,965,156
73$57,212,551$16,497,528$11,191,205$33,490,204
74$62,958,224$17,215,900$11,476,103$36,248,191
75$69,287,120$17,966,637$11,767,711$39,261,865
76$76,258,640$18,751,235$12,066,162$42,556,247
77$83,938,238$19,571,262$12,371,595$46,158,868
78$92,398,043$20,428,359$12,684,149$50,100,017
79$101,717,539$21,324,244$13,003,963$54,413,022
80$111,984,312$22,260,716$13,331,180$59,134,559
81$123,294,881$23,239,660$13,665,944$64,304,992
82$135,755,606$24,263,050$14,008,400$69,968,741
83$149,483,690$25,332,953$14,358,694$76,174,700
84$164,608,292$26,451,533$14,716,975$82,976,686
85$181,271,736$27,621,056$15,083,393$90,433,942
86$199,630,864$28,843,899$15,458,097$98,611,683
87$219,858,510$30,122,547$15,841,241$107,581,705
88$242,145,132$31,459,606$16,232,977$117,423,054
89$266,700,613$32,857,804$16,633,459$128,222,759
90$293,756,238$34,320,000$17,042,842$140,076,644
91$323,566,880$35,849,185$17,461,283$153,090,223
92$356,413,404$37,448,498$17,888,938$167,379,682
93$392,605,319$39,121,222$18,325,965$183,072,964
94$432,483,697$40,870,798$18,772,522$200,310,964
95$476,424,399$42,700,831$19,228,765$219,248,848
96$524,841,614$44,615,099$19,694,856$240,057,500
97$578,191,776$46,617,556$20,170,950$262,925,123
98$636,977,868$48,712,347$20,657,208$288,058,999
99$701,754,174$50,903,815$21,153,788$315,687,430
100$773,131,506$53,196,508$21,660,846$346,061,877