Can I retire at age 50 with 3,300,000?

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 $3,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$272,511$270,084$267,715$265,404$263,147$253,206
2 years$134,906$132,394$129,959$127,598$125,308$115,408
3 years$89,044$86,521$84,092$81,753$79,500$69,953
4 years$66,118$63,602$61,197$58,899$56,700$47,579
5 years$52,365$49,865$47,492$45,240$43,103$34,430
6 years$43,200$40,718$38,380$36,179$34,106$25,888
7 years$36,656$34,195$31,894$29,744$27,737$19,971
8 years$31,750$29,312$27,049$24,952$23,011$15,690
9 years$27,937$25,521$23,297$21,253$19,378$12,492
10 years$24,887$22,496$20,311$18,321$16,511$10,047
11 years$22,394$20,026$17,881$15,944$14,200$8,144
12 years$20,318$17,975$15,869$13,985$12,306$6,642
13 years$18,563$16,244$14,178$12,347$10,731$5,443
14 years$17,060$14,765$12,739$10,960$9,406$4,478
15 years$15,758$13,488$11,502$9,775$8,282$3,696
16 years$14,620$12,375$10,428$8,752$7,320$3,058
17 years$13,617$11,397$9,489$7,864$6,490$2,535
18 years$12,727$10,531$8,662$7,087$5,771$2,106
19 years$11,931$9,760$7,930$6,404$5,144$1,751
20 years$11,216$9,070$7,278$5,800$4,594$1,458
21 years$10,569$8,448$6,694$5,264$4,112$1,216
22 years$9,982$7,886$6,170$4,786$3,685$1,014
23 years$9,447$7,376$5,697$4,359$3,308$846
24 years$8,958$6,911$5,268$3,975$2,973$707
25 years$8,508$6,485$4,880$3,630$2,676$591
26 years$8,093$6,095$4,526$3,319$2,410$494
27 years$7,710$5,736$4,202$3,038$2,173$413
28 years$7,355$5,405$3,907$2,784$1,961$345
29 years$7,025$5,099$3,635$2,553$1,770$289
30 years$6,717$4,816$3,386$2,343$1,600$242
31 years$6,430$4,552$3,157$2,152$1,446$202
32 years$6,162$4,307$2,945$1,977$1,308$169
33 years$5,910$4,079$2,750$1,818$1,184$142
34 years$5,673$3,866$2,570$1,673$1,072$119
35 years$5,451$3,667$2,402$1,540$971$99
36 years$5,241$3,481$2,247$1,418$880$83
37 years$5,043$3,306$2,104$1,307$797$70
38 years$4,856$3,142$1,970$1,205$723$58
39 years$4,679$2,987$1,846$1,111$655$49
40 years$4,512$2,842$1,730$1,025$595$41
41 years$4,353$2,706$1,622$945$539$34
42 years$4,201$2,577$1,522$872$489$29
43 years$4,058$2,455$1,428$805$444$24
44 years$3,921$2,340$1,340$744$403$20
45 years$3,791$2,232$1,258$687$366$17
46 years$3,666$2,129$1,182$634$332$14
47 years$3,548$2,032$1,110$586$302$12
48 years$3,434$1,939$1,043$541$274$10
49 years$3,326$1,852$981$500$249$8
50 years$3,222$1,769$922$463$226$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $3,300,000, adding $6,852 every year, while hoping to spend $52,055 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: 57/34/9 Blend
49$3,300,000$3,300,000$3,300,000$3,300,000
50$3,643,668$3,468,768$3,417,618$3,843,244
51$3,959,936$3,583,351$3,476,722$4,093,129
52$4,306,719$3,701,805$3,536,061$4,358,860
53$4,687,073$3,824,263$3,595,589$4,647,129
54$5,104,368$3,950,865$3,655,255$4,960,097
55$5,562,312$4,081,756$3,715,004$5,300,140
56$6,064,992$4,217,085$3,774,780$5,669,873
57$6,616,907$4,357,009$3,834,521$6,072,174
58$7,223,016$4,501,687$3,894,162$6,510,207
59$7,888,780$4,651,286$3,953,634$6,987,457
60$8,620,217$4,805,980$4,012,861$7,507,758
61$9,423,954$4,965,948$4,071,767$8,075,330
62$10,307,292$5,131,375$4,130,267$8,694,818
63$11,278,278$5,302,454$4,188,272$9,371,336
64$12,345,772$5,479,384$4,245,689$10,110,513
65$13,519,540$5,662,373$4,302,419$10,918,549
66$14,810,339$5,851,635$4,358,356$11,802,266
67$16,230,022$6,047,393$4,413,389$12,769,180
68$17,791,646$6,249,878$4,467,400$13,827,563
69$19,509,600$6,459,328$4,520,264$14,986,529
70$21,399,737$6,675,992$4,571,850$16,256,110
71$23,479,522$6,900,128$4,622,019$17,647,358
72$25,768,202$7,132,003$4,670,625$19,172,443
73$28,286,980$7,371,893$4,717,513$20,844,769
74$31,059,222$7,620,086$4,762,520$22,679,101
75$34,110,673$7,876,879$4,805,474$24,691,699
76$37,469,699$8,142,584$4,846,194$26,900,477
77$41,167,557$8,417,519$4,884,490$29,325,165
78$45,238,689$8,702,019$4,920,162$31,987,498
79$49,721,045$8,996,428$4,952,998$34,911,417
80$54,656,445$9,301,106$4,982,776$38,123,299
81$60,090,966$9,616,424$5,009,263$41,652,198
82$66,075,385$9,942,769$5,032,214$45,530,124
83$72,665,652$10,280,543$5,051,371$49,792,341
84$79,923,419$10,630,160$5,066,462$54,477,700
85$87,916,623$10,992,053$5,077,204$59,629,001
86$96,720,126$11,366,671$5,083,298$65,293,401
87$106,416,421$11,754,480$5,084,430$71,522,855
88$117,096,409$12,155,962$5,080,272$78,374,603
89$128,860,260$12,571,622$5,070,478$85,911,714
90$141,818,353$13,001,978$5,054,686$94,203,674
91$156,092,325$13,447,575$5,032,518$103,327,046
92$171,816,209$13,908,973$5,003,574$113,366,186
93$189,137,707$14,386,757$4,967,439$124,414,042
94$208,219,580$14,881,535$4,923,674$136,573,025
95$229,241,183$15,393,936$4,871,823$149,955,981
96$252,400,161$15,924,616$4,811,407$164,687,245
97$277,914,310$16,474,255$4,741,922$180,903,822
98$306,023,637$17,043,561$4,662,843$198,756,673
99$336,992,620$17,633,267$4,573,620$218,412,139
100$371,112,708$18,244,139$4,473,677$240,053,510