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%15.1%
1 years$371,606$368,296$365,066$361,914$358,836$351,304
2 years$183,963$180,537$177,217$173,997$170,874$163,321
3 years$121,424$117,983$114,671$111,482$108,410$101,071
4 years$90,160$86,730$83,451$80,316$77,319$70,252
5 years$71,407$67,997$64,761$61,691$58,776$52,001
6 years$58,909$55,525$52,337$49,334$46,508$40,031
7 years$49,985$46,630$43,492$40,561$37,823$31,646
8 years$43,296$39,970$36,885$34,025$31,378$25,499
9 years$38,095$34,801$31,769$28,982$26,425$20,839
10 years$33,937$30,676$27,697$24,983$22,515$17,218
11 years$30,538$27,309$24,384$21,742$19,364$14,348
12 years$27,707$24,511$21,640$19,071$16,780$12,039
13 years$25,313$22,151$19,334$16,837$14,633$10,157
14 years$23,263$20,134$17,372$14,946$12,827$8,608
15 years$21,488$18,393$15,684$13,329$11,294$7,323
16 years$19,937$16,875$14,220$11,935$9,982$6,249
17 years$18,569$15,542$12,940$10,723$8,850$5,347
18 years$17,355$14,361$11,812$9,664$7,869$4,585
19 years$16,270$13,310$10,814$8,732$7,014$3,939
20 years$15,294$12,368$9,924$7,909$6,265$3,389
21 years$14,413$11,520$9,128$7,178$5,607$2,920
22 years$13,612$10,754$8,413$6,526$5,026$2,519
23 years$12,883$10,058$7,768$5,943$4,511$2,175
24 years$12,215$9,424$7,184$5,421$4,055$1,879
25 years$11,602$8,844$6,654$4,951$3,649$1,625
26 years$11,036$8,311$6,171$4,527$3,287$1,406
27 years$10,514$7,822$5,731$4,143$2,963$1,218
28 years$10,030$7,371$5,327$3,796$2,674$1,055
29 years$9,579$6,953$4,957$3,481$2,414$914
30 years$9,160$6,567$4,618$3,195$2,181$792
31 years$8,769$6,208$4,305$2,934$1,972$687
32 years$8,402$5,874$4,017$2,697$1,784$596
33 years$8,059$5,563$3,750$2,480$1,615$517
34 years$7,736$5,272$3,504$2,282$1,462$448
35 years$7,433$5,000$3,276$2,100$1,324$389
36 years$7,147$4,746$3,065$1,934$1,200$338
37 years$6,877$4,508$2,868$1,782$1,087$293
38 years$6,622$4,284$2,686$1,643$986$255
39 years$6,381$4,074$2,517$1,515$894$221
40 years$6,152$3,876$2,359$1,397$811$192
41 years$5,935$3,689$2,212$1,289$736$167
42 years$5,729$3,514$2,075$1,190$667$145
43 years$5,533$3,348$1,947$1,098$606$126
44 years$5,347$3,191$1,828$1,014$550$109
45 years$5,169$3,043$1,716$936$499$95
46 years$4,999$2,903$1,612$865$453$82
47 years$4,838$2,770$1,514$799$412$72
48 years$4,683$2,645$1,423$738$374$62
49 years$4,535$2,525$1,337$682$339$54
50 years$4,394$2,412$1,257$631$308$47

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 $5,867 every year, while hoping to spend $35,001 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: 44/49/7 Blend
49$4,500,000$4,500,000$4,500,000$4,500,000
50$4,965,052$4,726,552$4,656,802$5,173,414
51$5,434,246$4,920,912$4,775,564$5,512,496
52$5,950,126$5,123,623$4,897,131$5,875,710
53$6,517,414$5,335,056$5,021,561$6,268,544
54$7,141,319$5,555,602$5,148,912$6,693,727
55$7,827,574$5,785,667$5,279,241$7,154,255
56$8,582,499$6,025,677$5,412,608$7,653,413
57$9,413,056$6,276,078$5,549,073$8,194,813
58$10,326,917$6,537,335$5,688,696$8,782,416
59$11,332,535$6,809,937$5,831,539$9,420,578
60$12,439,222$7,094,392$5,977,665$10,114,080
61$13,657,241$7,391,236$6,127,134$10,868,177
62$14,997,897$7,701,024$6,280,011$11,688,643
63$16,473,651$8,024,343$6,436,360$12,581,824
64$18,098,230$8,361,802$6,596,244$13,554,695
65$19,886,759$8,714,040$6,759,729$14,614,924
66$21,855,909$9,081,728$6,926,879$15,770,941
67$24,024,043$9,465,564$7,097,762$17,032,018
68$26,411,400$9,866,282$7,272,441$18,408,347
69$29,040,280$10,284,647$7,450,986$19,911,140
70$31,935,256$10,721,462$7,633,461$21,552,731
71$35,123,405$11,177,566$7,819,934$23,346,683
72$38,634,563$11,653,838$8,010,474$25,307,922
73$42,501,610$12,151,198$8,205,146$27,452,868
74$46,760,775$12,670,607$8,404,018$29,799,586
75$51,451,980$13,213,073$8,607,159$32,367,957
76$56,619,219$13,779,650$8,814,636$35,179,860
77$62,310,970$14,371,443$9,026,517$38,259,373
78$68,580,651$14,989,606$9,242,867$41,632,998
79$75,487,130$15,635,349$9,463,756$45,329,903
80$83,095,273$16,309,938$9,689,248$49,382,197
81$91,476,564$17,014,698$9,919,411$53,825,228
82$100,709,773$17,751,017$10,154,310$58,697,907
83$110,881,700$18,520,347$10,394,010$64,043,074
84$122,087,999$19,324,210$10,638,575$69,907,896
85$134,434,076$20,164,197$10,888,068$76,344,306
86$148,036,086$21,041,977$11,142,552$83,409,487
87$163,022,027$21,959,294$11,402,088$91,166,404
88$179,532,951$22,917,977$11,666,736$99,684,395
89$197,724,294$23,919,940$11,936,554$109,039,815
90$217,767,343$24,967,187$12,211,598$119,316,753
91$239,850,849$26,061,817$12,491,925$130,607,815
92$264,182,818$27,206,028$12,777,586$143,014,991
93$290,992,463$28,402,122$13,068,633$156,650,610
94$320,532,377$29,652,508$13,365,115$171,638,391
95$353,080,911$30,959,712$13,667,077$188,114,602
96$388,944,803$32,326,377$13,974,564$206,229,338
97$428,462,075$33,755,273$14,287,614$226,147,925
98$472,005,225$35,249,299$14,606,267$248,052,472
99$519,984,735$36,811,492$14,930,555$272,143,580
100$572,852,958$38,445,035$15,260,508$298,642,222