Can I retire at age 50 with 4,200,000?

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 $4,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$346,832$343,743$340,729$337,787$334,914$323,417
2 years$171,699$168,501$165,402$162,397$159,483$148,017
3 years$113,329$110,117$107,026$104,050$101,182$90,108
4 years$84,150$80,948$77,888$74,962$72,164$61,565
5 years$66,647$63,464$60,444$57,578$54,858$44,763
6 years$54,982$51,823$48,848$46,046$43,407$33,824
7 years$46,653$43,521$40,593$37,857$35,302$26,229
8 years$40,409$37,306$34,426$31,757$29,286$20,716
9 years$35,556$32,481$29,651$27,050$24,663$16,585
10 years$31,675$28,631$25,850$23,317$21,014$13,416
11 years$28,502$25,488$22,758$20,293$18,073$10,938
12 years$25,860$22,877$20,197$17,800$15,662$8,974
13 years$23,626$20,674$18,045$15,714$13,657$7,400
14 years$21,712$18,792$16,214$13,950$11,972$6,127
15 years$20,056$17,167$14,639$12,441$10,541$5,089
16 years$18,608$15,750$13,272$11,139$9,316$4,238
17 years$17,331$14,505$12,077$10,008$8,260$3,537
18 years$16,198$13,404$11,025$9,020$7,345$2,958
19 years$15,185$12,422$10,093$8,150$6,547$2,477
20 years$14,274$11,543$9,263$7,381$5,847$2,077
21 years$13,452$10,752$8,520$6,699$5,233$1,743
22 years$12,705$10,037$7,852$6,091$4,690$1,464
23 years$12,024$9,387$7,250$5,547$4,210$1,231
24 years$11,401$8,795$6,705$5,059$3,784$1,035
25 years$10,828$8,254$6,210$4,621$3,405$871
26 years$10,301$7,757$5,760$4,225$3,067$734
27 years$9,813$7,301$5,348$3,867$2,766$618
28 years$9,361$6,879$4,972$3,543$2,495$521
29 years$8,941$6,490$4,627$3,249$2,253$439
30 years$8,549$6,129$4,310$2,982$2,036$370
31 years$8,184$5,794$4,018$2,739$1,841$312
32 years$7,842$5,482$3,749$2,517$1,665$263
33 years$7,522$5,192$3,500$2,314$1,507$222
34 years$7,221$4,921$3,270$2,129$1,364$187
35 years$6,937$4,667$3,058$1,960$1,236$158
36 years$6,671$4,430$2,860$1,805$1,120$133
37 years$6,419$4,207$2,677$1,663$1,015$112
38 years$6,181$3,998$2,507$1,533$920$95
39 years$5,956$3,802$2,349$1,414$834$80
40 years$5,742$3,617$2,202$1,304$757$67
41 years$5,540$3,443$2,064$1,203$687$57
42 years$5,347$3,279$1,937$1,110$623$48
43 years$5,164$3,125$1,817$1,025$565$40
44 years$4,990$2,978$1,706$946$513$34
45 years$4,824$2,840$1,602$874$466$29
46 years$4,666$2,709$1,504$807$423$24
47 years$4,515$2,586$1,413$746$384$21
48 years$4,371$2,468$1,328$689$349$17
49 years$4,233$2,357$1,248$637$317$15
50 years$4,101$2,252$1,174$589$288$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $4,200,000, adding $2,454 every year, while hoping to spend $41,738 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: 46/29/25 Blend
49$4,200,000$4,200,000$4,200,000$4,200,000
50$4,630,931$4,408,331$4,343,231$4,810,577
51$5,058,877$4,579,931$4,444,321$5,109,095
52$5,529,075$4,758,539$4,547,398$5,428,512
53$6,045,790$4,944,457$4,652,485$5,774,255
54$6,613,721$5,137,996$4,759,604$6,148,808
55$7,238,047$5,339,484$4,868,776$6,554,899
56$7,924,469$5,549,260$4,980,022$6,995,530
57$8,679,274$5,767,683$5,093,361$7,473,999
58$9,509,383$5,995,123$5,208,812$7,993,935
59$10,422,425$6,231,969$5,326,393$8,559,326
60$11,426,805$6,478,628$5,446,119$9,174,561
61$12,531,783$6,735,524$5,568,008$9,844,468
62$13,747,560$7,003,100$5,692,072$10,574,357
63$15,085,380$7,281,820$5,818,324$11,370,071
64$16,557,627$7,572,168$5,946,777$12,238,039
65$18,177,950$7,874,649$6,077,439$13,185,336
66$19,961,386$8,189,793$6,210,318$14,219,749
67$21,924,505$8,518,150$6,345,422$15,349,845
68$24,085,565$8,860,300$6,482,754$16,585,058
69$26,464,683$9,216,845$6,622,316$17,935,769
70$29,084,026$9,588,416$6,764,110$19,413,408
71$31,968,021$9,975,672$6,908,131$21,030,556
72$35,143,582$10,379,303$7,054,376$22,801,067
73$38,640,367$10,800,028$7,202,837$24,740,191
74$42,491,056$11,238,602$7,353,504$26,864,722
75$46,731,661$11,695,810$7,506,364$29,193,150
76$51,401,863$12,172,477$7,661,400$31,745,838
77$56,545,388$12,669,464$7,818,592$34,545,208
78$62,210,419$13,187,670$7,977,916$37,615,952
79$68,450,052$13,728,035$8,139,346$40,985,265
80$75,322,794$14,291,546$8,302,851$44,683,098
81$82,893,117$14,879,229$8,468,394$48,742,437
82$91,232,065$15,492,162$8,635,936$53,199,612
83$100,417,928$16,131,470$8,805,432$58,094,641
84$110,536,975$16,798,330$8,976,832$63,471,602
85$121,684,271$17,493,974$9,150,081$69,379,045
86$133,964,577$18,219,688$9,325,119$75,870,452
87$147,493,332$18,976,821$9,501,878$83,004,733
88$162,397,747$19,766,781$9,680,287$90,846,786
89$178,818,006$20,591,041$9,860,265$99,468,101
90$196,908,585$21,451,145$10,041,727$108,947,430
91$216,839,714$22,348,705$10,224,578$119,371,535
92$238,798,982$23,285,408$10,408,718$130,835,995
93$262,993,106$24,263,021$10,594,038$143,446,109
94$289,649,885$25,283,391$10,780,420$157,317,884
95$319,020,347$26,348,450$10,967,738$172,579,127
96$351,381,120$27,460,222$11,155,855$189,370,648
97$387,037,044$28,620,823$11,344,626$207,847,582
98$426,324,046$29,832,467$11,533,895$228,180,850
99$469,612,313$31,097,473$11,723,495$250,558,772
100$517,309,785$32,418,264$11,913,247$275,188,830