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%17.9%
1 years$371,606$368,296$365,066$361,914$358,836$347,350
2 years$183,963$180,537$177,217$173,997$170,874$159,408
3 years$121,424$117,983$114,671$111,482$108,410$97,323
4 years$90,160$86,730$83,451$80,316$77,319$66,697
5 years$71,407$67,997$64,761$61,691$58,776$48,648
6 years$58,909$55,525$52,337$49,334$46,508$36,881
7 years$49,985$46,630$43,492$40,561$37,823$28,697
8 years$43,296$39,970$36,885$34,025$31,378$22,746
9 years$38,095$34,801$31,769$28,982$26,425$18,278
10 years$33,937$30,676$27,697$24,983$22,515$14,840
11 years$30,538$27,309$24,384$21,742$19,364$12,147
12 years$27,707$24,511$21,640$19,071$16,780$10,006
13 years$25,313$22,151$19,334$16,837$14,633$8,284
14 years$23,263$20,134$17,372$14,946$12,827$6,887
15 years$21,488$18,393$15,684$13,329$11,294$5,745
16 years$19,937$16,875$14,220$11,935$9,982$4,805
17 years$18,569$15,542$12,940$10,723$8,850$4,029
18 years$17,355$14,361$11,812$9,664$7,869$3,384
19 years$16,270$13,310$10,814$8,732$7,014$2,846
20 years$15,294$12,368$9,924$7,909$6,265$2,398
21 years$14,413$11,520$9,128$7,178$5,607$2,022
22 years$13,612$10,754$8,413$6,526$5,026$1,706
23 years$12,883$10,058$7,768$5,943$4,511$1,441
24 years$12,215$9,424$7,184$5,421$4,055$1,218
25 years$11,602$8,844$6,654$4,951$3,649$1,030
26 years$11,036$8,311$6,171$4,527$3,287$872
27 years$10,514$7,822$5,731$4,143$2,963$738
28 years$10,030$7,371$5,327$3,796$2,674$625
29 years$9,579$6,953$4,957$3,481$2,414$529
30 years$9,160$6,567$4,618$3,195$2,181$448
31 years$8,769$6,208$4,305$2,934$1,972$380
32 years$8,402$5,874$4,017$2,697$1,784$322
33 years$8,059$5,563$3,750$2,480$1,615$273
34 years$7,736$5,272$3,504$2,282$1,462$231
35 years$7,433$5,000$3,276$2,100$1,324$196
36 years$7,147$4,746$3,065$1,934$1,200$166
37 years$6,877$4,508$2,868$1,782$1,087$141
38 years$6,622$4,284$2,686$1,643$986$119
39 years$6,381$4,074$2,517$1,515$894$101
40 years$6,152$3,876$2,359$1,397$811$86
41 years$5,935$3,689$2,212$1,289$736$73
42 years$5,729$3,514$2,075$1,190$667$62
43 years$5,533$3,348$1,947$1,098$606$52
44 years$5,347$3,191$1,828$1,014$550$44
45 years$5,169$3,043$1,716$936$499$38
46 years$4,999$2,903$1,612$865$453$32
47 years$4,838$2,770$1,514$799$412$27
48 years$4,683$2,645$1,423$738$374$23
49 years$4,535$2,525$1,337$682$339$19
50 years$4,394$2,412$1,257$631$308$17

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 $2,078 every year, while hoping to spend $32,415 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: 72/22/6 Blend
49$4,500,000$4,500,000$4,500,000$4,500,000
50$4,961,143$4,722,643$4,652,893$5,314,602
51$5,432,691$4,919,564$4,774,276$5,744,878
52$5,951,250$5,125,047$4,898,639$6,211,550
53$6,521,581$5,339,478$5,026,047$6,721,557
54$7,148,930$5,563,260$5,156,567$7,279,158
55$7,839,076$5,796,815$5,290,267$7,889,041
56$8,598,387$6,040,584$5,427,217$8,556,365
57$9,433,879$6,295,029$5,567,485$9,286,806
58$10,353,283$6,560,634$5,711,144$10,086,615
59$11,365,116$6,837,904$5,858,266$10,962,672
60$12,478,764$7,127,367$6,008,924$11,922,549
61$13,704,568$7,429,578$6,163,193$12,974,585
62$15,053,922$7,745,115$6,321,148$14,127,959
63$16,539,382$8,074,586$6,482,867$15,392,778
64$18,174,783$8,418,625$6,648,427$16,780,170
65$19,975,369$8,777,896$6,817,907$18,302,389
66$21,957,938$9,153,093$6,991,388$19,972,929
67$24,140,999$9,544,946$7,168,950$21,806,648
68$26,544,947$9,954,215$7,350,677$23,819,911
69$29,192,258$10,381,697$7,536,650$26,030,738
70$32,107,695$10,828,228$7,726,955$28,458,978
71$35,318,549$11,294,680$7,921,677$31,126,489
72$38,854,890$11,781,968$8,120,902$34,057,348
73$42,749,853$12,291,049$8,324,717$37,278,072
74$47,039,954$12,822,926$8,533,211$40,817,870
75$51,765,428$13,378,648$8,746,472$44,708,914
76$56,970,613$13,959,313$8,964,590$48,986,645
77$62,704,368$14,566,072$9,187,656$53,690,099
78$69,020,532$15,200,129$9,415,762$58,862,279
79$75,978,436$15,862,744$9,648,999$64,550,556
80$83,643,457$16,555,239$9,887,461$70,807,114
81$92,087,639$17,278,995$10,131,240$77,689,442
82$101,390,373$18,035,461$10,380,432$85,260,870
83$111,639,145$18,826,152$10,635,130$93,591,170
84$122,930,360$19,652,656$10,895,429$102,757,207
85$135,370,256$20,516,636$11,161,426$112,843,662
86$149,075,903$21,419,831$11,433,214$123,943,832
87$164,176,309$22,364,067$11,710,891$136,160,506
88$180,813,638$23,351,252$11,994,551$149,606,927
89$199,144,553$24,383,387$12,284,292$164,407,865
90$219,341,690$25,462,566$12,580,209$180,700,789
91$241,595,294$26,590,983$12,882,397$198,637,157
92$266,115,009$27,770,936$13,190,952$218,383,847
93$293,131,860$29,004,832$13,505,970$240,124,724
94$322,900,433$30,295,192$13,827,543$264,062,376
95$355,701,278$31,644,658$14,155,767$290,420,016
96$391,843,557$33,055,995$14,490,733$319,443,592
97$431,667,962$34,532,100$14,832,535$351,404,097
98$475,549,932$36,076,011$15,181,262$386,600,126
99$523,903,195$37,690,906$15,537,005$425,360,686
100$577,183,677$39,380,116$15,899,851$468,048,303