Can I retire at age 50 with 3,600,000?

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$297,285$294,637$292,053$289,531$287,069$283,364
2 years$147,171$144,430$141,773$139,198$136,700$132,972
3 years$97,139$94,386$91,737$89,185$86,728$83,094
4 years$72,128$69,384$66,761$64,253$61,855$58,343
5 years$57,126$54,398$51,809$49,352$47,021$43,641
6 years$47,127$44,420$41,869$39,468$37,206$33,961
7 years$39,988$37,304$34,794$32,448$30,259$27,151
8 years$34,637$31,976$29,508$27,220$25,102$22,131
9 years$30,476$27,841$25,415$23,186$21,140$18,304
10 years$27,150$24,541$22,157$19,986$18,012$15,309
11 years$24,430$21,847$19,507$17,394$15,491$12,919
12 years$22,165$19,609$17,312$15,257$13,424$10,980
13 years$20,251$17,721$15,467$13,470$11,706$9,387
14 years$18,611$16,107$13,897$11,957$10,262$8,063
15 years$17,191$14,714$12,547$10,663$9,035$6,954
16 years$15,949$13,500$11,376$9,548$7,985$6,018
17 years$14,855$12,433$10,352$8,579$7,080$5,223
18 years$13,884$11,489$9,450$7,731$6,295$4,544
19 years$13,016$10,648$8,651$6,986$5,611$3,962
20 years$12,235$9,894$7,939$6,327$5,012$3,460
21 years$11,530$9,216$7,303$5,742$4,485$3,027
22 years$10,890$8,603$6,731$5,221$4,020$2,651
23 years$10,306$8,046$6,214$4,755$3,609$2,325
24 years$9,772$7,539$5,747$4,337$3,244$2,041
25 years$9,281$7,075$5,323$3,960$2,919$1,793
26 years$8,829$6,649$4,937$3,621$2,629$1,576
27 years$8,411$6,258$4,584$3,315$2,371$1,387
28 years$8,024$5,897$4,262$3,037$2,139$1,221
29 years$7,664$5,563$3,966$2,785$1,931$1,075
30 years$7,328$5,253$3,694$2,556$1,745$948
31 years$7,015$4,966$3,444$2,347$1,578$835
32 years$6,722$4,699$3,213$2,157$1,427$737
33 years$6,447$4,450$3,000$1,984$1,292$650
34 years$6,189$4,218$2,803$1,825$1,169$574
35 years$5,946$4,000$2,621$1,680$1,059$506
36 years$5,718$3,797$2,452$1,547$960$447
37 years$5,502$3,606$2,295$1,426$870$395
38 years$5,298$3,427$2,149$1,314$789$348
39 years$5,105$3,259$2,013$1,212$715$308
40 years$4,922$3,101$1,887$1,118$649$272
41 years$4,748$2,951$1,770$1,031$588$240
42 years$4,583$2,811$1,660$952$534$212
43 years$4,427$2,678$1,558$878$485$187
44 years$4,277$2,553$1,462$811$440$166
45 years$4,135$2,434$1,373$749$399$146
46 years$3,999$2,322$1,289$692$363$129
47 years$3,870$2,216$1,211$639$329$114
48 years$3,746$2,116$1,138$591$299$101
49 years$3,628$2,020$1,070$546$272$89
50 years$3,515$1,930$1,006$505$247$79

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $3,600,000, adding $6,927 every year, while hoping to spend $52,928 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: 54/34/12 Blend
49$3,600,000$3,600,000$3,600,000$3,600,000
50$3,974,345$3,783,545$3,727,745$4,176,266
51$4,323,413$3,912,624$3,796,310$4,443,338
52$4,706,313$4,046,254$3,865,397$4,727,557
53$5,126,438$4,184,601$3,934,969$5,035,675
54$5,587,528$4,327,841$4,004,985$5,369,975
55$6,093,703$4,476,152$4,075,399$5,732,966
56$6,649,500$4,629,722$4,146,163$6,127,410
57$7,259,916$4,788,746$4,217,227$6,556,344
58$7,930,458$4,953,425$4,288,534$7,023,110
59$8,667,191$5,123,969$4,360,027$7,531,385
60$9,476,798$5,300,597$4,431,641$8,085,216
61$10,366,639$5,483,534$4,503,309$8,689,055
62$11,344,825$5,673,016$4,574,959$9,347,804
63$12,420,291$5,869,287$4,646,514$10,066,858
64$13,602,881$6,072,603$4,717,892$10,852,155
65$14,903,440$6,283,225$4,789,007$11,710,233
66$16,333,918$6,501,430$4,859,765$12,648,290
67$17,907,480$6,727,503$4,930,069$13,674,249
68$19,638,631$6,961,739$4,999,815$14,796,836
69$21,543,354$7,204,447$5,068,892$16,025,657
70$23,639,259$7,455,948$5,137,183$17,371,293
71$25,945,749$7,716,574$5,204,563$18,845,393
72$28,484,202$7,986,673$5,270,903$20,460,786
73$31,278,175$8,266,604$5,336,062$22,231,602
74$34,353,623$8,556,742$5,399,895$24,173,403
75$37,739,147$8,857,477$5,462,246$26,303,328
76$41,466,260$9,169,213$5,522,951$28,640,254
77$45,569,687$9,492,373$5,581,838$31,204,974
78$50,087,690$9,827,395$5,638,725$34,020,393
79$55,062,432$10,174,734$5,693,419$37,111,737
80$60,540,369$10,534,865$5,745,718$40,506,799
81$66,572,696$10,908,283$5,795,409$44,236,192
82$73,215,822$11,295,500$5,842,266$48,333,641
83$80,531,907$11,697,051$5,886,054$52,836,296
84$88,589,447$12,113,492$5,926,522$57,785,086
85$97,463,920$12,545,402$5,963,410$63,225,101
86$107,238,497$12,993,384$5,996,441$69,206,016
87$118,004,829$13,458,065$6,025,327$75,782,558
88$129,863,908$13,940,097$6,049,762$83,015,022
89$142,927,025$14,440,160$6,069,428$90,969,836
90$157,316,816$14,958,962$6,083,987$99,720,191
91$173,168,419$15,497,239$6,093,089$109,346,724
92$190,630,752$16,055,758$6,096,362$119,938,281
93$209,867,916$16,635,318$6,093,417$131,592,753
94$231,060,745$17,236,750$6,083,849$144,417,996
95$254,408,511$17,860,921$6,067,228$158,532,850
96$280,130,806$18,508,733$6,043,107$174,068,257
97$308,469,613$19,181,125$6,011,015$191,168,492
98$339,691,590$19,879,077$5,970,461$209,992,528
99$374,090,588$20,603,608$5,920,927$230,715,529
100$411,990,424$21,355,780$5,861,874$253,530,504