Can I retire at age 50 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$322,058$319,190$316,391$313,659$310,991$299,007
2 years$159,435$156,466$153,588$150,798$148,091$136,160
3 years$105,234$102,252$99,381$96,617$93,955$82,452
4 years$78,139$75,166$72,324$69,607$67,010$56,023
5 years$61,886$58,931$56,127$53,465$50,940$40,498
6 years$51,055$48,122$45,359$42,757$40,307$30,417
7 years$43,321$40,412$37,693$35,153$32,780$23,438
8 years$37,523$34,641$31,967$29,489$27,194$18,392
9 years$33,016$30,161$27,533$25,118$22,902$14,626
10 years$29,412$26,586$24,004$21,652$19,513$11,748
11 years$26,466$23,668$21,133$18,843$16,782$9,511
12 years$24,013$21,243$18,755$16,528$14,543$7,746
13 years$21,938$19,197$16,756$14,592$12,682$6,339
14 years$20,161$17,450$15,055$12,953$11,117$5,208
15 years$18,623$15,941$13,593$11,552$9,788$4,292
16 years$17,278$14,625$12,324$10,343$8,651$3,546
17 years$16,093$13,469$11,214$9,294$7,670$2,936
18 years$15,041$12,446$10,237$8,375$6,820$2,435
19 years$14,100$11,535$9,372$7,568$6,079$2,022
20 years$13,255$10,719$8,601$6,854$5,430$1,681
21 years$12,491$9,984$7,911$6,221$4,859$1,399
22 years$11,797$9,320$7,291$5,656$4,355$1,165
23 years$11,165$8,717$6,732$5,151$3,910$971
24 years$10,586$8,167$6,226$4,698$3,514$810
25 years$10,055$7,664$5,767$4,290$3,162$676
26 years$9,565$7,203$5,348$3,923$2,848$564
27 years$9,112$6,779$4,966$3,591$2,568$471
28 years$8,692$6,388$4,617$3,290$2,317$393
29 years$8,302$6,026$4,296$3,017$2,092$328
30 years$7,939$5,691$4,002$2,769$1,891$274
31 years$7,599$5,380$3,731$2,543$1,709$229
32 years$7,282$5,091$3,481$2,337$1,546$191
33 years$6,984$4,821$3,250$2,149$1,399$160
34 years$6,705$4,569$3,037$1,977$1,267$134
35 years$6,442$4,334$2,839$1,820$1,147$112
36 years$6,194$4,113$2,656$1,676$1,040$93
37 years$5,960$3,907$2,486$1,545$942$78
38 years$5,739$3,713$2,328$1,424$854$65
39 years$5,530$3,531$2,181$1,313$775$55
40 years$5,332$3,359$2,044$1,211$703$46
41 years$5,144$3,197$1,917$1,117$637$38
42 years$4,965$3,045$1,798$1,031$578$32
43 years$4,795$2,901$1,687$952$525$27
44 years$4,634$2,766$1,584$879$477$22
45 years$4,480$2,637$1,487$812$433$19
46 years$4,333$2,516$1,397$750$393$16
47 years$4,193$2,401$1,312$693$357$13
48 years$4,059$2,292$1,233$640$324$11
49 years$3,930$2,189$1,159$591$294$9
50 years$3,808$2,091$1,090$547$267$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $3,900,000, adding $5,201 every year, while hoping to spend $40,368 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: 49/40/11 Blend
49$3,900,000$3,900,000$3,900,000$3,900,000
50$4,303,165$4,096,465$4,036,015$4,500,941
51$4,699,136$4,254,240$4,128,270$4,794,988
52$5,134,144$4,418,394$4,222,263$5,109,547
53$5,612,127$4,589,195$4,318,009$5,450,304
54$6,137,425$4,766,927$4,415,523$5,819,721
55$6,714,818$4,951,882$4,514,819$6,220,507
56$7,349,573$5,144,368$4,615,909$6,655,634
57$8,047,494$5,344,706$4,718,806$7,128,373
58$8,814,973$5,553,232$4,823,521$7,642,317
59$9,659,054$5,770,294$4,930,062$8,201,418
60$10,587,497$5,996,257$5,038,439$8,810,021
61$11,608,852$6,231,505$5,148,658$9,472,904
62$12,732,541$6,476,435$5,260,724$10,195,321
63$13,968,943$6,731,463$5,374,641$10,983,054
64$15,329,496$6,997,025$5,490,412$11,842,460
65$16,826,800$7,273,574$5,608,036$12,780,534
66$18,474,740$7,561,586$5,727,511$13,804,974
67$20,288,615$7,861,556$5,848,835$14,924,249
68$22,285,284$8,174,002$5,972,001$16,147,677
69$24,483,321$8,499,466$6,097,001$17,485,516
70$26,903,193$8,838,513$6,223,824$18,949,054
71$29,567,453$9,191,734$6,352,456$20,550,715
72$32,500,951$9,559,748$6,482,882$22,304,176
73$35,731,072$9,943,199$6,615,082$24,224,492
74$39,287,988$10,342,763$6,749,034$26,328,237
75$43,204,948$10,759,144$6,884,712$28,633,657
76$47,518,591$11,193,079$7,022,088$31,160,844
77$52,269,287$11,645,340$7,161,128$33,931,915
78$57,501,524$12,116,731$7,301,795$36,971,228
79$63,264,323$12,608,095$7,444,049$40,305,601
80$69,611,703$13,120,311$7,587,844$43,964,569
81$76,603,191$13,654,300$7,733,131$47,980,655
82$84,304,380$14,211,024$7,879,854$52,389,676
83$92,787,551$14,791,489$8,027,953$57,231,078
84$102,132,356$15,396,746$8,177,364$62,548,305
85$112,426,565$16,027,896$8,328,016$68,389,205
86$123,766,901$16,686,089$8,479,830$74,806,481
87$136,259,945$17,372,527$8,632,724$81,858,180
88$150,023,147$18,088,469$8,786,608$89,608,240
89$165,185,933$18,835,229$8,941,385$98,127,090
90$181,890,927$19,614,184$9,096,950$107,492,309
91$200,295,295$20,426,773$9,253,191$117,789,357
92$220,572,231$21,274,501$9,409,989$129,112,371
93$242,912,589$22,158,942$9,567,214$141,565,057
94$267,526,686$23,081,743$9,724,729$155,261,656
95$294,646,287$24,044,627$9,882,386$170,328,024
96$324,526,792$25,049,397$10,040,029$186,902,810
97$357,449,645$26,097,938$10,197,491$205,138,762
98$393,724,995$27,192,223$10,354,593$225,204,160
99$433,694,618$28,334,316$10,511,145$247,284,402
100$477,735,147$29,526,376$10,666,947$271,583,747