Can I retire at age 50 with 6,100,000?

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 $6,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$503,732$499,245$494,868$490,595$486,423$479,550
2 years$249,372$244,728$240,227$235,863$231,630$224,719
3 years$164,597$159,933$155,443$151,120$146,955$140,221
4 years$122,217$117,567$113,123$108,873$104,810$98,304
5 years$96,796$92,174$87,788$83,625$79,675$73,416
6 years$79,855$75,267$70,946$66,876$63,044$57,040
7 years$67,758$63,209$58,956$54,982$51,272$45,525
8 years$58,690$54,182$49,999$46,123$42,535$37,044
9 years$51,640$47,175$43,064$39,287$35,820$30,584
10 years$46,004$41,583$37,545$33,866$30,521$25,534
11 years$41,396$37,019$33,054$29,473$26,249$21,507
12 years$37,558$33,226$29,334$25,852$22,747$18,244
13 years$34,313$30,026$26,208$22,823$19,836$15,566
14 years$31,535$27,293$23,548$20,260$17,388$13,344
15 years$29,129$24,933$21,261$18,068$15,310$11,486
16 years$27,025$22,875$19,276$16,178$13,531$9,919
17 years$25,171$21,067$17,540$14,536$11,997$8,590
18 years$23,525$19,467$16,012$13,100$10,667$7,457
19 years$22,054$18,042$14,658$11,837$9,508$6,487
20 years$20,732$16,766$13,453$10,721$8,493$5,653
21 years$19,537$15,616$12,374$9,730$7,600$4,934
22 years$18,452$14,577$11,405$8,846$6,812$4,312
23 years$17,463$13,634$10,530$8,057$6,115$3,772
24 years$16,558$12,774$9,739$7,348$5,496$3,304
25 years$15,727$11,988$9,020$6,711$4,946$2,896
26 years$14,960$11,267$8,365$6,136$4,455$2,540
27 years$14,252$10,603$7,768$5,616$4,017$2,229
28 years$13,596$9,991$7,221$5,146$3,624$1,958
29 years$12,985$9,426$6,720$4,719$3,273$1,720
30 years$12,417$8,902$6,260$4,331$2,957$1,512
31 years$11,886$8,415$5,836$3,977$2,673$1,330
32 years$11,390$7,962$5,445$3,655$2,418$1,170
33 years$10,924$7,540$5,084$3,361$2,189$1,029
34 years$10,487$7,147$4,750$3,093$1,982$906
35 years$10,076$6,778$4,441$2,847$1,795$798
36 years$9,688$6,434$4,154$2,622$1,626$702
37 years$9,322$6,111$3,888$2,416$1,474$619
38 years$8,977$5,807$3,641$2,227$1,336$545
39 years$8,650$5,522$3,412$2,053$1,212$480
40 years$8,340$5,254$3,198$1,894$1,099$423
41 years$8,046$5,001$2,998$1,747$997$373
42 years$7,766$4,763$2,813$1,613$905$328
43 years$7,501$4,538$2,639$1,489$821$289
44 years$7,248$4,326$2,477$1,374$745$255
45 years$7,007$4,125$2,326$1,269$677$225
46 years$6,777$3,935$2,185$1,172$614$198
47 years$6,558$3,755$2,053$1,083$558$175
48 years$6,348$3,585$1,929$1,001$507$154
49 years$6,148$3,423$1,813$925$460$136
50 years$5,956$3,270$1,704$855$418$120

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $6,100,000, adding $4,461 every year, while hoping to spend $40,214 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: 83/12/5 Blend
49$6,100,000$6,100,000$6,100,000$6,100,000
50$6,726,802$6,403,502$6,308,952$7,284,400
51$7,370,148$6,674,486$6,477,514$7,920,035
52$8,077,768$6,957,400$6,650,376$8,611,937
53$8,856,175$7,252,787$6,827,638$9,370,386
54$9,712,545$7,561,215$7,009,404$10,202,023
55$10,654,786$7,883,275$7,195,780$11,114,162
56$11,691,609$8,219,591$7,386,874$12,114,854
57$12,832,615$8,570,813$7,582,796$13,212,967
58$14,088,380$8,937,621$7,783,658$14,418,268
59$15,470,558$9,320,728$7,989,574$15,741,512
60$16,991,991$9,720,880$8,200,661$17,194,544
61$18,666,829$10,138,857$8,417,038$18,790,412
62$20,510,662$10,575,478$8,638,825$20,543,484
63$22,540,670$11,031,597$8,866,146$22,469,590
64$24,775,784$11,508,110$9,099,127$24,586,162
65$27,236,862$12,005,956$9,337,896$26,912,405
66$29,946,890$12,526,115$9,582,583$29,469,472
67$32,931,194$13,069,616$9,833,321$32,280,666
68$36,217,683$13,637,535$10,090,245$35,371,657
69$39,837,111$14,230,998$10,353,492$38,770,722
70$43,823,365$14,851,186$10,623,203$42,509,013
71$48,213,787$15,499,333$10,899,519$46,620,848
72$53,049,526$16,176,733$11,182,586$51,144,034
73$58,375,925$16,884,740$11,472,550$56,120,225
74$64,242,951$17,624,774$11,769,562$61,595,308
75$70,705,662$18,398,318$12,073,773$67,619,839
76$77,824,733$19,206,929$12,385,338$74,249,518
77$85,667,023$20,052,236$12,704,413$81,545,712
78$94,306,207$20,935,943$13,031,159$89,576,033
79$103,823,474$21,859,839$13,365,737$98,414,973
80$114,308,291$22,825,793$13,708,312$108,144,608
81$125,859,246$23,835,766$14,059,049$118,855,370
82$138,584,981$24,891,811$14,418,119$130,646,896
83$152,605,216$25,996,076$14,785,693$143,628,968
84$168,051,878$27,150,815$15,161,944$157,922,549
85$185,070,350$28,358,384$15,547,049$173,660,919
86$203,820,836$29,621,256$15,941,187$190,990,933
87$224,479,882$30,942,018$16,344,537$210,074,405
88$247,242,034$32,323,381$16,757,282$231,089,629
89$272,321,679$33,768,184$17,179,609$254,233,064
90$299,955,069$35,279,403$17,611,704$279,721,185
91$330,402,546$36,860,154$18,053,756$307,792,519
92$363,951,005$38,513,702$18,505,957$338,709,899
93$400,916,601$40,243,466$18,968,500$372,762,939
94$441,647,729$42,053,031$19,441,580$410,270,764
95$486,528,318$43,946,150$19,925,393$451,585,022
96$535,981,451$45,926,756$20,420,139$497,093,196
97$590,473,362$47,998,970$20,926,016$547,222,260
98$650,517,835$50,167,110$21,443,227$602,442,708
99$716,681,054$52,435,698$21,971,975$663,272,984
100$789,586,949$54,809,474$22,512,464$730,284,382