Can I retire at age 50 with 4,300,000?

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 $4,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$355,090$351,927$348,841$345,829$342,888$341,300
2 years$175,787$172,513$169,340$166,264$163,280$161,677
3 years$116,027$112,739$109,574$106,527$103,592$102,023
4 years$86,153$82,875$79,742$76,747$73,882$72,361
5 years$68,234$64,975$61,883$58,949$56,164$54,694
6 years$56,291$53,057$50,011$47,142$44,441$43,024
7 years$47,764$44,557$41,559$38,758$36,142$34,779
8 years$41,371$38,194$35,245$32,513$29,984$28,674
9 years$36,402$33,255$30,357$27,694$25,250$23,995
10 years$32,429$29,312$26,466$23,872$21,515$20,312
11 years$29,181$26,095$23,300$20,776$18,503$17,353
12 years$26,475$23,422$20,678$18,223$16,035$14,936
13 years$24,188$21,166$18,475$16,089$13,982$12,934
14 years$22,229$19,239$16,600$14,282$12,257$11,258
15 years$20,533$17,576$14,987$12,737$10,792$9,841
16 years$19,051$16,125$13,588$11,404$9,538$8,634
17 years$17,744$14,851$12,365$10,247$8,457$7,598
18 years$16,583$13,723$11,287$9,234$7,520$6,705
19 years$15,546$12,718$10,333$8,344$6,702$5,930
20 years$14,614$11,818$9,483$7,557$5,987$5,255
21 years$13,772$11,008$8,723$6,859$5,357$4,666
22 years$13,007$10,276$8,039$6,236$4,802$4,148
23 years$12,310$9,611$7,423$5,679$4,311$3,693
24 years$11,672$9,005$6,865$5,180$3,875$3,292
25 years$11,086$8,450$6,358$4,731$3,487$2,938
26 years$10,546$7,942$5,897$4,325$3,141$2,624
27 years$10,047$7,474$5,476$3,959$2,831$2,346
28 years$9,584$7,043$5,090$3,627$2,555$2,098
29 years$9,154$6,644$4,737$3,326$2,307$1,878
30 years$8,753$6,275$4,412$3,053$2,085$1,682
31 years$8,379$5,932$4,114$2,804$1,885$1,508
32 years$8,029$5,613$3,838$2,577$1,705$1,352
33 years$7,701$5,315$3,584$2,369$1,543$1,212
34 years$7,393$5,038$3,348$2,180$1,397$1,088
35 years$7,103$4,778$3,130$2,007$1,265$976
36 years$6,829$4,535$2,928$1,848$1,146$876
37 years$6,572$4,307$2,741$1,703$1,039$787
38 years$6,328$4,094$2,567$1,570$942$707
39 years$6,097$3,893$2,405$1,447$854$635
40 years$5,879$3,704$2,254$1,335$775$571
41 years$5,671$3,525$2,114$1,232$703$513
42 years$5,475$3,357$1,983$1,137$638$461
43 years$5,287$3,199$1,860$1,049$579$414
44 years$5,109$3,049$1,746$969$525$373
45 years$4,939$2,908$1,640$895$477$335
46 years$4,777$2,774$1,540$826$433$301
47 years$4,623$2,647$1,447$764$393$271
48 years$4,475$2,527$1,360$706$357$244
49 years$4,334$2,413$1,278$652$324$219
50 years$4,198$2,305$1,202$603$295$197

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $4,300,000, adding $4,684 every year, while hoping to spend $60,000 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: 63/9/28 Blend
49$4,300,000$4,300,000$4,300,000$4,300,000
50$4,743,432$4,515,532$4,448,882$5,006,526
51$5,163,422$4,672,953$4,534,080$5,342,985
52$5,624,241$4,836,077$4,620,121$5,703,369
53$6,129,988$5,005,120$4,706,970$6,095,744
54$6,685,183$5,180,307$4,794,589$6,523,254
55$7,294,800$5,361,870$4,882,936$6,989,367
56$7,964,322$5,550,054$4,971,967$7,497,897
57$8,699,786$5,745,110$5,061,631$8,053,046
58$9,507,846$5,947,302$5,151,878$8,659,443
59$10,395,829$6,156,903$5,242,649$9,322,185
60$11,371,810$6,374,197$5,333,883$10,046,886
61$12,444,681$6,599,480$5,425,515$10,839,732
62$13,624,244$6,833,060$5,517,475$11,707,532
63$14,921,294$7,075,257$5,609,687$12,657,793
64$16,347,725$7,326,403$5,702,071$13,698,779
65$17,916,642$7,586,846$5,794,540$14,839,598
66$19,642,485$7,856,947$5,887,002$16,090,281
67$21,541,161$8,137,080$5,979,360$17,461,879
68$23,630,199$8,427,637$6,071,508$18,966,570
69$25,928,913$8,729,024$6,163,337$20,617,768
70$28,458,580$9,041,665$6,254,727$22,430,253
71$31,242,649$9,366,000$6,345,554$24,420,307
72$34,306,954$9,702,489$6,435,684$26,605,873
73$37,679,960$10,051,608$6,524,977$29,006,717
74$41,393,035$10,413,855$6,613,282$31,644,621
75$45,480,739$10,789,749$6,700,442$34,543,581
76$49,981,156$11,179,829$6,786,289$37,730,041
77$54,936,250$11,584,655$6,870,645$41,233,135
78$60,392,258$12,004,815$6,953,322$45,084,968
79$66,400,134$12,440,916$7,034,124$49,320,913
80$73,016,021$12,893,594$7,112,840$53,979,949
81$80,301,785$13,363,510$7,189,250$59,105,025
82$88,325,598$13,851,353$7,263,121$64,743,470
83$97,162,580$14,357,841$7,334,207$70,947,432
84$106,895,510$14,883,721$7,402,249$77,774,377
85$117,615,602$15,429,774$7,466,975$85,287,628
86$129,423,371$15,996,810$7,528,096$93,556,962
87$142,429,578$16,585,678$7,585,311$102,659,268
88$156,756,277$17,197,258$7,638,301$112,679,275
89$172,537,964$17,832,470$7,686,731$123,710,348
90$189,922,848$18,492,273$7,730,248$135,855,373
91$209,074,250$19,177,665$7,768,482$149,227,723
92$230,172,142$19,889,689$7,801,045$163,952,333
93$253,414,846$20,629,430$7,827,526$180,166,875
94$279,020,909$21,398,021$7,847,497$198,023,060
95$307,231,159$22,196,641$7,860,505$217,688,066
96$338,310,983$23,026,523$7,866,078$239,346,121
97$372,552,831$23,888,949$7,863,719$263,200,238
98$410,278,971$24,785,259$7,852,905$289,474,134
99$451,844,539$25,716,850$7,833,091$318,414,337
100$497,640,885$26,685,178$7,803,701$350,292,518