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%13.5%
1 years$503,732$499,245$494,868$490,595$486,423$479,351
2 years$249,372$244,728$240,227$235,863$231,630$224,521
3 years$164,597$159,933$155,443$151,120$146,955$140,029
4 years$122,217$117,567$113,123$108,873$104,810$98,120
5 years$96,796$92,174$87,788$83,625$79,675$73,241
6 years$79,855$75,267$70,946$66,876$63,044$56,873
7 years$67,758$63,209$58,956$54,982$51,272$45,366
8 years$58,690$54,182$49,999$46,123$42,535$36,894
9 years$51,640$47,175$43,064$39,287$35,820$30,441
10 years$46,004$41,583$37,545$33,866$30,521$25,399
11 years$41,396$37,019$33,054$29,473$26,249$21,380
12 years$37,558$33,226$29,334$25,852$22,747$18,125
13 years$34,313$30,026$26,208$22,823$19,836$15,454
14 years$31,535$27,293$23,548$20,260$17,388$13,240
15 years$29,129$24,933$21,261$18,068$15,310$11,388
16 years$27,025$22,875$19,276$16,178$13,531$9,828
17 years$25,171$21,067$17,540$14,536$11,997$8,505
18 years$23,525$19,467$16,012$13,100$10,667$7,378
19 years$22,054$18,042$14,658$11,837$9,508$6,414
20 years$20,732$16,766$13,453$10,721$8,493$5,585
21 years$19,537$15,616$12,374$9,730$7,600$4,871
22 years$18,452$14,577$11,405$8,846$6,812$4,253
23 years$17,463$13,634$10,530$8,057$6,115$3,718
24 years$16,558$12,774$9,739$7,348$5,496$3,254
25 years$15,727$11,988$9,020$6,711$4,946$2,850
26 years$14,960$11,267$8,365$6,136$4,455$2,498
27 years$14,252$10,603$7,768$5,616$4,017$2,191
28 years$13,596$9,991$7,221$5,146$3,624$1,922
29 years$12,985$9,426$6,720$4,719$3,273$1,688
30 years$12,417$8,902$6,260$4,331$2,957$1,482
31 years$11,886$8,415$5,836$3,977$2,673$1,302
32 years$11,390$7,962$5,445$3,655$2,418$1,145
33 years$10,924$7,540$5,084$3,361$2,189$1,007
34 years$10,487$7,147$4,750$3,093$1,982$885
35 years$10,076$6,778$4,441$2,847$1,795$779
36 years$9,688$6,434$4,154$2,622$1,626$685
37 years$9,322$6,111$3,888$2,416$1,474$603
38 years$8,977$5,807$3,641$2,227$1,336$531
39 years$8,650$5,522$3,412$2,053$1,212$467
40 years$8,340$5,254$3,198$1,894$1,099$411
41 years$8,046$5,001$2,998$1,747$997$362
42 years$7,766$4,763$2,813$1,613$905$319
43 years$7,501$4,538$2,639$1,489$821$281
44 years$7,248$4,326$2,477$1,374$745$247
45 years$7,007$4,125$2,326$1,269$677$218
46 years$6,777$3,935$2,185$1,172$614$192
47 years$6,558$3,755$2,053$1,083$558$169
48 years$6,348$3,585$1,929$1,001$507$149
49 years$6,148$3,423$1,813$925$460$131
50 years$5,956$3,270$1,704$855$418$115

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 $4,218 every year, while hoping to spend $23,284 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: 49/21/30 Blend
49$6,100,000$6,100,000$6,100,000$6,100,000
50$6,726,551$6,403,251$6,308,701$6,998,482
51$7,387,885$6,692,236$6,495,268$7,479,143
52$8,115,895$6,994,601$6,687,305$7,998,458
53$8,917,357$7,310,977$6,884,971$8,562,268
54$9,799,738$7,642,026$7,088,428$9,174,803
55$10,771,265$7,988,439$7,297,844$9,840,709
56$11,841,004$8,350,943$7,513,392$10,565,096
57$13,018,946$8,730,298$7,735,250$11,353,580
58$14,316,097$9,127,302$7,963,600$12,212,338
59$15,744,589$9,542,789$8,198,630$13,148,162
60$17,317,786$9,977,635$8,440,534$14,168,522
61$19,050,418$10,432,757$8,689,509$15,281,635
62$20,958,715$10,909,116$8,945,761$16,496,540
63$23,060,559$11,407,719$9,209,500$17,823,180
64$25,375,660$11,929,620$9,480,942$19,272,498
65$27,925,733$12,475,928$9,760,310$20,856,533
66$30,734,709$13,047,799$10,047,831$22,588,532
67$33,828,958$13,646,450$10,343,742$24,483,076
68$37,237,539$14,273,153$10,648,284$26,556,211
69$40,992,472$14,929,242$10,961,706$28,825,599
70$45,129,045$15,616,115$11,284,264$31,310,682
71$49,686,141$16,335,239$11,616,221$34,032,861
72$54,706,611$17,088,149$11,957,847$37,015,696
73$60,237,671$17,876,454$12,309,421$40,285,124
74$66,331,356$18,701,842$12,671,229$43,869,704
75$73,045,004$19,566,082$13,043,565$47,800,878
76$80,441,801$20,471,027$13,426,731$52,113,267
77$88,591,377$21,418,620$13,821,039$56,844,995
78$97,570,462$22,410,897$14,226,808$62,038,041
79$107,463,611$23,449,992$14,644,368$67,738,637
80$118,364,001$24,538,144$15,074,056$73,997,694
81$130,374,313$25,677,696$15,516,221$80,871,283
82$143,607,698$26,871,108$15,971,219$88,421,154
83$158,188,847$28,120,957$16,439,419$96,715,321
84$174,255,167$29,429,942$16,921,198$105,828,692
85$191,958,081$30,800,896$17,416,945$115,843,778
86$211,464,452$32,236,787$17,927,059$126,851,460
87$232,958,163$33,740,725$18,451,952$138,951,841
88$256,641,848$35,315,974$18,992,045$152,255,193
89$282,738,811$36,965,951$19,547,773$166,882,980
90$311,495,128$38,694,241$20,119,581$182,969,009
91$343,181,973$40,504,601$20,707,930$200,660,677
92$378,098,179$42,400,971$21,313,290$220,120,363
93$416,573,054$44,387,479$21,936,146$241,526,947
94$458,969,496$46,468,456$22,576,997$265,077,493
95$505,687,413$48,648,439$23,236,355$290,989,105
96$557,167,504$50,932,187$23,914,748$319,500,962
97$613,895,413$53,324,688$24,612,715$350,876,568
98$676,406,318$55,831,171$25,330,815$385,406,235
99$745,289,984$58,457,119$26,069,618$423,409,809
100$821,196,325$61,208,281$26,829,713$465,239,679