Can I retire at age 50 with 4,500,000?

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 $4,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$371,606$368,296$365,066$361,914$358,836$346,104
2 years$183,963$180,537$177,217$173,997$170,874$158,183
3 years$121,424$117,983$114,671$111,482$108,410$96,158
4 years$90,160$86,730$83,451$80,316$77,319$65,600
5 years$71,407$67,997$64,761$61,691$58,776$47,621
6 years$58,909$55,525$52,337$49,334$46,508$35,924
7 years$49,985$46,630$43,492$40,561$37,823$27,810
8 years$43,296$39,970$36,885$34,025$31,378$21,926
9 years$38,095$34,801$31,769$28,982$26,425$17,522
10 years$33,937$30,676$27,697$24,983$22,515$14,146
11 years$30,538$27,309$24,384$21,742$19,364$11,511
12 years$27,707$24,511$21,640$19,071$16,780$9,426
13 years$25,313$22,151$19,334$16,837$14,633$7,756
14 years$23,263$20,134$17,372$14,946$12,827$6,408
15 years$21,488$18,393$15,684$13,329$11,294$5,311
16 years$19,937$16,875$14,220$11,935$9,982$4,414
17 years$18,569$15,542$12,940$10,723$8,850$3,676
18 years$17,355$14,361$11,812$9,664$7,869$3,067
19 years$16,270$13,310$10,814$8,732$7,014$2,562
20 years$15,294$12,368$9,924$7,909$6,265$2,143
21 years$14,413$11,520$9,128$7,178$5,607$1,795
22 years$13,612$10,754$8,413$6,526$5,026$1,504
23 years$12,883$10,058$7,768$5,943$4,511$1,262
24 years$12,215$9,424$7,184$5,421$4,055$1,059
25 years$11,602$8,844$6,654$4,951$3,649$889
26 years$11,036$8,311$6,171$4,527$3,287$747
27 years$10,514$7,822$5,731$4,143$2,963$627
28 years$10,030$7,371$5,327$3,796$2,674$527
29 years$9,579$6,953$4,957$3,481$2,414$443
30 years$9,160$6,567$4,618$3,195$2,181$373
31 years$8,769$6,208$4,305$2,934$1,972$313
32 years$8,402$5,874$4,017$2,697$1,784$264
33 years$8,059$5,563$3,750$2,480$1,615$222
34 years$7,736$5,272$3,504$2,282$1,462$187
35 years$7,433$5,000$3,276$2,100$1,324$157
36 years$7,147$4,746$3,065$1,934$1,200$132
37 years$6,877$4,508$2,868$1,782$1,087$111
38 years$6,622$4,284$2,686$1,643$986$94
39 years$6,381$4,074$2,517$1,515$894$79
40 years$6,152$3,876$2,359$1,397$811$66
41 years$5,935$3,689$2,212$1,289$736$56
42 years$5,729$3,514$2,075$1,190$667$47
43 years$5,533$3,348$1,947$1,098$606$39
44 years$5,347$3,191$1,828$1,014$550$33
45 years$5,169$3,043$1,716$936$499$28
46 years$4,999$2,903$1,612$865$453$24
47 years$4,838$2,770$1,514$799$412$20
48 years$4,683$2,645$1,423$738$374$17
49 years$4,535$2,525$1,337$682$339$14
50 years$4,394$2,412$1,257$631$308$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $4,500,000, adding $6,014 every year, while hoping to spend $43,624 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: 67/10/23 Blend
49$4,500,000$4,500,000$4,500,000$4,500,000
50$4,965,203$4,726,703$4,656,953$5,268,318
51$5,425,239$4,911,896$4,766,546$5,657,717
52$5,930,735$5,104,702$4,878,347$6,077,865
53$6,486,284$5,305,446$4,992,386$6,536,337
54$7,096,944$5,514,471$5,108,690$7,036,910
55$7,768,286$5,732,134$5,227,285$7,583,742
56$8,506,450$5,958,808$5,348,197$8,181,412
57$9,318,199$6,194,881$5,471,453$8,834,959
58$10,210,986$6,440,760$5,597,077$9,549,936
59$11,193,020$6,696,871$5,725,093$10,332,454
60$12,273,347$6,963,657$5,855,523$11,189,245
61$13,461,936$7,241,583$5,988,390$12,127,721
62$14,769,766$7,531,134$6,123,714$13,156,047
63$16,208,939$7,832,816$6,261,515$14,283,215
64$17,792,786$8,147,159$6,401,811$15,519,128
65$19,535,998$8,474,717$6,544,619$16,874,695
66$21,454,760$8,816,069$6,689,954$18,361,931
67$23,566,907$9,171,818$6,837,830$19,994,071
68$25,892,092$9,542,598$6,988,257$21,785,695
69$28,451,969$9,929,068$7,141,247$23,752,862
70$31,270,398$10,331,921$7,296,807$25,913,264
71$34,373,671$10,751,877$7,454,943$28,286,391
72$37,790,759$11,189,693$7,615,657$30,893,714
73$41,553,586$11,646,158$7,778,951$33,758,885
74$45,697,329$12,122,096$7,944,823$36,907,965
75$50,260,749$12,618,372$8,113,267$40,369,662
76$55,286,561$13,135,887$8,284,277$44,175,606
77$60,821,831$13,675,586$8,457,841$48,360,646
78$66,918,423$14,238,456$8,633,945$52,963,174
79$73,633,490$14,825,528$8,812,570$58,025,495
80$81,030,010$15,437,883$8,993,694$63,594,213
81$89,177,381$16,076,649$9,177,293$69,720,682
82$98,152,076$16,743,007$9,363,334$76,461,483
83$108,038,366$17,438,193$9,551,784$83,878,957
84$118,929,113$18,163,498$9,742,603$92,041,793
85$130,926,648$18,920,274$9,935,746$101,025,679
86$144,143,734$19,709,936$10,131,161$110,914,009
87$158,704,634$20,533,962$10,328,794$121,798,673
88$174,746,281$21,393,900$10,528,583$133,780,922
89$192,419,569$22,291,369$10,730,458$146,972,322
90$211,890,781$23,228,062$10,934,344$161,495,805
91$233,343,156$24,205,753$11,140,160$177,486,832
92$256,978,618$25,226,295$11,347,816$195,094,664
93$283,019,683$26,291,629$11,557,213$214,483,774
94$311,711,558$27,403,785$11,768,247$235,835,397
95$343,324,455$28,564,890$11,980,802$259,349,238
96$378,156,145$29,777,165$12,194,755$285,245,357
97$416,534,765$31,042,939$12,409,971$313,766,242
98$458,821,914$32,364,646$12,626,309$345,179,100
99$505,416,072$33,744,836$12,843,612$379,778,375
100$556,756,355$35,186,176$13,061,717$417,888,525