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%17.1%
1 years$503,732$499,245$494,868$490,595$486,423$472,366
2 years$249,372$244,728$240,227$235,863$231,630$217,580
3 years$164,597$159,933$155,443$151,120$146,955$133,352
4 years$122,217$117,567$113,123$108,873$104,810$91,758
5 years$96,796$92,174$87,788$83,625$79,675$67,210
6 years$79,855$75,267$70,946$66,876$63,044$51,177
7 years$67,758$63,209$58,956$54,982$51,272$40,002
8 years$58,690$54,182$49,999$46,123$42,535$31,857
9 years$51,640$47,175$43,064$39,287$35,820$25,723
10 years$46,004$41,583$37,545$33,866$30,521$20,991
11 years$41,396$37,019$33,054$29,473$26,249$17,270
12 years$37,558$33,226$29,334$25,852$22,747$14,302
13 years$34,313$30,026$26,208$22,823$19,836$11,905
14 years$31,535$27,293$23,548$20,260$17,388$9,953
15 years$29,129$24,933$21,261$18,068$15,310$8,349
16 years$27,025$22,875$19,276$16,178$13,531$7,024
17 years$25,171$21,067$17,540$14,536$11,997$5,923
18 years$23,525$19,467$16,012$13,100$10,667$5,004
19 years$22,054$18,042$14,658$11,837$9,508$4,235
20 years$20,732$16,766$13,453$10,721$8,493$3,589
21 years$19,537$15,616$12,374$9,730$7,600$3,045
22 years$18,452$14,577$11,405$8,846$6,812$2,586
23 years$17,463$13,634$10,530$8,057$6,115$2,199
24 years$16,558$12,774$9,739$7,348$5,496$1,870
25 years$15,727$11,988$9,020$6,711$4,946$1,592
26 years$14,960$11,267$8,365$6,136$4,455$1,355
27 years$14,252$10,603$7,768$5,616$4,017$1,155
28 years$13,596$9,991$7,221$5,146$3,624$984
29 years$12,985$9,426$6,720$4,719$3,273$839
30 years$12,417$8,902$6,260$4,331$2,957$715
31 years$11,886$8,415$5,836$3,977$2,673$610
32 years$11,390$7,962$5,445$3,655$2,418$520
33 years$10,924$7,540$5,084$3,361$2,189$444
34 years$10,487$7,147$4,750$3,093$1,982$379
35 years$10,076$6,778$4,441$2,847$1,795$323
36 years$9,688$6,434$4,154$2,622$1,626$276
37 years$9,322$6,111$3,888$2,416$1,474$235
38 years$8,977$5,807$3,641$2,227$1,336$201
39 years$8,650$5,522$3,412$2,053$1,212$172
40 years$8,340$5,254$3,198$1,894$1,099$146
41 years$8,046$5,001$2,998$1,747$997$125
42 years$7,766$4,763$2,813$1,613$905$107
43 years$7,501$4,538$2,639$1,489$821$91
44 years$7,248$4,326$2,477$1,374$745$78
45 years$7,007$4,125$2,326$1,269$677$66
46 years$6,777$3,935$2,185$1,172$614$57
47 years$6,558$3,755$2,053$1,083$558$48
48 years$6,348$3,585$1,929$1,001$507$41
49 years$6,148$3,423$1,813$925$460$35
50 years$5,956$3,270$1,704$855$418$30

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 $3,025 every year, while hoping to spend $45,225 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: 35/44/21 Blend
49$6,100,000$6,100,000$6,100,000$6,100,000
50$6,725,320$6,402,020$6,307,470$6,917,614
51$7,363,184$6,667,600$6,470,651$7,324,929
52$8,064,594$6,944,678$6,637,784$7,759,722
53$8,835,984$7,233,769$6,808,951$8,227,930
54$9,684,443$7,535,412$6,984,240$8,732,555
55$10,617,782$7,850,173$7,163,737$9,276,889
56$11,644,605$8,178,641$7,347,532$9,864,542
57$12,774,395$8,521,434$7,535,714$10,499,477
58$14,017,597$8,879,198$7,728,374$11,186,041
59$15,385,722$9,252,609$7,925,605$11,929,006
60$16,891,453$9,642,375$8,127,500$12,733,610
61$18,548,766$10,049,235$8,334,156$13,605,606
62$20,373,057$10,473,965$8,545,667$14,551,312
63$22,381,294$10,917,374$8,762,132$15,577,666
64$24,592,172$11,380,311$8,983,649$16,692,294
65$27,026,291$11,863,664$9,210,319$17,903,571
66$29,706,350$12,368,361$9,442,243$19,220,704
67$32,657,362$12,895,375$9,679,522$20,653,810
68$35,906,887$13,445,723$9,922,260$22,214,014
69$39,485,296$14,020,470$10,170,562$23,913,541
70$43,426,053$14,620,730$10,424,533$25,765,839
71$47,766,036$15,247,671$10,684,280$27,785,691
72$52,545,878$15,902,513$10,949,910$29,989,357
73$57,810,357$16,586,536$11,221,531$32,394,722
74$63,608,814$17,301,076$11,499,253$35,021,459
75$69,995,620$18,047,536$11,783,185$37,891,208
76$77,030,690$18,827,382$12,073,439$41,027,780
77$84,780,045$19,642,149$12,370,124$44,457,373
78$93,316,440$20,493,445$12,673,353$48,208,814
79$102,720,046$21,382,952$12,983,239$52,313,827
80$113,079,207$22,312,433$13,299,894$56,807,324
81$124,491,276$23,283,733$13,623,431$61,727,731
82$137,063,534$24,298,783$13,953,963$67,117,341
83$150,914,197$25,359,606$14,291,604$73,022,710
84$166,173,538$26,468,320$14,636,466$79,495,086
85$182,985,115$27,627,143$14,988,663$86,590,888
86$201,507,121$28,838,397$15,348,308$94,372,228
87$221,913,884$30,104,515$15,715,512$102,907,490
88$244,397,507$31,428,044$16,090,389$112,271,971
89$269,169,685$32,811,650$16,473,049$122,548,574
90$296,463,699$34,258,127$16,863,603$133,828,592
91$326,536,622$35,770,401$17,262,159$146,212,551
92$359,671,742$37,351,536$17,668,826$159,811,153
93$396,181,239$39,004,740$18,083,711$174,746,311
94$436,409,128$40,733,375$18,506,918$191,152,286
95$480,734,510$42,540,961$18,938,551$209,176,945
96$529,575,148$44,431,187$19,378,710$228,983,143
97$583,391,412$46,407,913$19,827,495$250,750,249
98$642,690,621$48,475,186$20,285,002$274,675,826
99$708,031,838$50,637,244$20,751,324$300,977,479
100$780,031,143$52,898,527$21,226,550$329,894,901