Can I retire at age 50 with 4,000,000?

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 $4,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$330,316$327,374$324,503$321,702$318,966$309,624
2 years$163,523$160,477$157,526$154,664$151,888$142,552
3 years$107,932$104,874$101,930$99,095$96,364$87,327
4 years$80,143$77,093$74,179$71,392$68,728$60,058
5 years$63,473$60,442$57,566$54,836$52,246$43,967
6 years$52,364$49,356$46,522$43,853$41,340$33,461
7 years$44,431$41,449$38,660$36,054$33,621$26,140
8 years$38,485$35,529$32,787$30,245$27,892$20,805
9 years$33,863$30,935$28,239$25,762$23,489$16,789
10 years$30,167$27,267$24,619$22,207$20,014$13,692
11 years$27,145$24,274$21,675$19,327$17,212$11,258
12 years$24,628$21,787$19,236$16,952$14,916$9,316
13 years$22,501$19,689$17,186$14,966$13,007$7,750
14 years$20,678$17,897$15,441$13,285$11,402$6,474
15 years$19,101$16,349$13,942$11,848$10,039$5,427
16 years$17,722$15,000$12,640$10,609$8,873$4,563
17 years$16,506$13,815$11,502$9,532$7,867$3,845
18 years$15,426$12,765$10,500$8,590$6,995$3,246
19 years$14,462$11,831$9,612$7,762$6,235$2,745
20 years$13,595$10,994$8,821$7,030$5,569$2,325
21 years$12,811$10,240$8,114$6,380$4,984$1,971
22 years$12,100$9,559$7,478$5,801$4,467$1,673
23 years$11,451$8,940$6,905$5,283$4,010$1,421
24 years$10,858$8,376$6,386$4,818$3,604$1,207
25 years$10,313$7,861$5,915$4,400$3,243$1,027
26 years$9,810$7,388$5,486$4,024$2,921$874
27 years$9,346$6,953$5,094$3,683$2,634$744
28 years$8,915$6,552$4,735$3,374$2,377$633
29 years$8,515$6,181$4,407$3,094$2,146$539
30 years$8,142$5,837$4,105$2,840$1,939$459
31 years$7,794$5,518$3,827$2,608$1,753$392
32 years$7,469$5,221$3,570$2,397$1,586$334
33 years$7,163$4,945$3,334$2,204$1,435$284
34 years$6,877$4,686$3,115$2,028$1,299$243
35 years$6,607$4,445$2,912$1,867$1,177$207
36 years$6,353$4,219$2,724$1,719$1,066$176
37 years$6,113$4,007$2,550$1,584$966$150
38 years$5,886$3,808$2,388$1,460$876$128
39 years$5,672$3,621$2,237$1,346$795$109
40 years$5,469$3,445$2,097$1,242$721$93
41 years$5,276$3,279$1,966$1,146$654$80
42 years$5,093$3,123$1,844$1,057$593$68
43 years$4,918$2,976$1,731$976$538$58
44 years$4,753$2,837$1,624$901$489$49
45 years$4,595$2,705$1,525$832$444$42
46 years$4,444$2,580$1,433$769$403$36
47 years$4,300$2,462$1,346$710$366$31
48 years$4,163$2,351$1,265$656$332$26
49 years$4,031$2,245$1,189$607$302$22
50 years$3,905$2,144$1,118$561$274$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $4,000,000, adding $4,791 every year, while hoping to spend $59,370 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: 38/50/12 Blend
49$4,000,000$4,000,000$4,000,000$4,000,000
50$4,412,942$4,200,942$4,138,942$4,564,337
51$4,799,893$4,343,619$4,214,427$4,815,154
52$5,224,323$4,491,297$4,290,452$5,079,908
53$5,689,992$4,644,159$4,366,970$5,364,716
54$6,201,043$4,802,394$4,443,935$5,671,406
55$6,762,036$4,966,199$4,521,294$6,001,984
56$7,377,999$5,135,777$4,598,992$6,358,656
57$8,054,466$5,311,342$4,676,970$6,743,844
58$8,797,536$5,493,112$4,755,162$7,160,209
59$9,613,927$5,681,316$4,833,502$7,610,676
60$10,511,039$5,876,193$4,911,917$8,098,460
61$11,497,026$6,077,988$4,990,327$8,627,095
62$12,580,871$6,286,957$5,068,651$9,200,467
63$13,772,469$6,503,367$5,146,800$9,822,848
64$15,082,723$6,727,494$5,224,680$10,498,937
65$16,523,645$6,959,626$5,302,191$11,233,904
66$18,108,469$7,200,060$5,379,227$12,033,433
67$19,851,777$7,449,107$5,455,675$12,903,780
68$21,769,634$7,707,089$5,531,416$13,851,827
69$23,879,741$7,974,341$5,606,323$14,885,146
70$26,201,602$8,251,210$5,680,262$16,012,070
71$28,756,705$8,538,059$5,753,091$17,241,771
72$31,568,729$8,835,264$5,824,659$18,584,343
73$34,663,763$9,143,216$5,894,809$20,050,897
74$38,070,554$9,462,320$5,963,371$21,653,662
75$41,820,776$9,793,000$6,030,170$23,406,105
76$45,949,332$10,135,694$6,095,018$25,323,046
77$50,494,681$10,490,859$6,157,718$27,420,807
78$55,499,198$10,858,971$6,218,061$29,717,357
79$61,009,579$11,240,524$6,275,829$32,232,482
80$67,077,277$11,636,030$6,330,790$34,987,970
81$73,758,989$12,046,025$6,382,701$38,007,813
82$81,117,190$12,471,064$6,431,306$41,318,434
83$89,220,723$12,911,726$6,476,334$44,948,931
84$98,145,448$13,368,613$6,517,503$48,931,353
85$107,974,958$13,842,349$6,554,514$53,300,996
86$118,801,366$14,333,587$6,587,052$58,096,736
87$130,726,176$14,843,003$6,614,789$63,361,395
88$143,861,240$15,371,304$6,637,379$69,142,139
89$158,329,811$15,919,223$6,654,456$75,490,921
90$174,267,711$16,487,523$6,665,639$82,464,971
91$191,824,606$17,077,001$6,670,526$90,127,332
92$211,165,425$17,688,483$6,668,698$98,547,452
93$232,471,911$18,322,831$6,659,711$107,801,834
94$255,944,337$18,980,941$6,643,104$117,974,760
95$281,803,401$19,663,749$6,618,389$129,159,077
96$310,292,301$20,372,225$6,585,058$141,457,074
97$341,679,034$21,107,382$6,542,576$154,981,445
98$376,258,927$21,870,276$6,490,383$169,856,343
99$414,357,421$22,662,003$6,427,895$186,218,554
100$456,333,144$23,483,707$6,354,495$204,218,782