Can I retire at age 50 with 5,300,000?

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$437,669$433,771$429,967$426,254$422,629$417,003
2 years$216,668$212,633$208,722$204,930$201,252$195,592
3 years$143,010$138,958$135,057$131,301$127,683$122,165
4 years$106,189$102,149$98,287$94,595$91,064$85,733
5 years$84,102$80,086$76,275$72,658$69,226$64,095
6 years$69,382$65,396$61,641$58,105$54,776$49,852
7 years$58,872$54,920$51,224$47,771$44,547$39,832
8 years$50,993$47,076$43,442$40,074$36,956$32,449
9 years$44,868$40,988$37,417$34,134$31,123$26,822
10 years$39,971$36,129$32,621$29,424$26,518$22,420
11 years$35,967$32,164$28,719$25,608$22,806$18,908
12 years$32,632$28,868$25,487$22,461$19,764$16,060
13 years$29,813$26,089$22,771$19,830$17,234$13,720
14 years$27,399$23,714$20,460$17,603$15,107$11,778
15 years$25,308$21,663$18,473$15,699$13,302$10,151
16 years$23,481$19,875$16,748$14,057$11,756$8,779
17 years$21,870$18,304$15,240$12,630$10,424$7,614
18 years$20,440$16,914$13,912$11,382$9,268$6,619
19 years$19,162$15,676$12,736$10,285$8,261$5,766
20 years$18,013$14,567$11,688$9,315$7,379$5,032
21 years$16,975$13,568$10,751$8,454$6,603$4,399
22 years$16,032$12,666$9,909$7,686$5,919$3,850
23 years$15,173$11,846$9,149$7,000$5,313$3,373
24 years$14,387$11,099$8,461$6,384$4,776$2,959
25 years$13,664$10,416$7,837$5,831$4,297$2,598
26 years$12,998$9,789$7,268$5,331$3,871$2,282
27 years$12,383$9,213$6,749$4,880$3,490$2,006
28 years$11,813$8,681$6,274$4,471$3,149$1,765
29 years$11,282$8,190$5,839$4,100$2,843$1,553
30 years$10,789$7,734$5,439$3,763$2,569$1,368
31 years$10,327$7,311$5,070$3,456$2,323$1,205
32 years$9,896$6,918$4,731$3,176$2,101$1,062
33 years$9,492$6,551$4,417$2,921$1,902$936
34 years$9,112$6,209$4,127$2,687$1,722$825
35 years$8,754$5,889$3,858$2,474$1,559$727
36 years$8,418$5,590$3,610$2,278$1,413$642
37 years$8,100$5,309$3,378$2,099$1,281$566
38 years$7,800$5,046$3,164$1,935$1,161$499
39 years$7,515$4,798$2,964$1,784$1,053$441
40 years$7,246$4,565$2,778$1,645$955$389
41 years$6,990$4,345$2,605$1,518$866$343
42 years$6,748$4,138$2,444$1,401$786$303
43 years$6,517$3,943$2,293$1,293$713$268
44 years$6,297$3,758$2,152$1,194$648$236
45 years$6,088$3,584$2,021$1,103$588$209
46 years$5,888$3,419$1,898$1,019$534$184
47 years$5,698$3,263$1,783$941$485$163
48 years$5,515$3,115$1,676$870$440$144
49 years$5,341$2,974$1,575$804$400$127
50 years$5,175$2,841$1,481$743$363$112

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $5,300,000, adding $4,037 every year, while hoping to spend $23,099 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: 62/32/6 Blend
49$5,300,000$5,300,000$5,300,000$5,300,000
50$5,844,764$5,563,864$5,481,714$6,200,639
51$6,416,353$5,811,916$5,640,774$6,686,627
52$7,045,470$6,071,349$5,804,389$7,213,759
53$7,737,958$6,342,695$5,972,686$7,788,481
54$8,500,256$6,626,514$6,145,798$8,415,387
55$9,339,458$6,923,389$6,323,858$9,099,529
56$10,263,383$7,233,936$6,507,008$9,846,464
57$11,280,645$7,558,795$6,695,389$10,662,301
58$12,400,734$7,898,640$6,889,148$11,553,760
59$13,634,111$8,254,175$7,088,436$12,528,234
60$14,992,300$8,626,139$7,293,409$13,593,855
61$16,488,001$9,015,306$7,504,224$14,759,569
62$18,135,207$9,422,486$7,721,046$16,035,219
63$19,949,340$9,848,530$7,944,043$17,431,637
64$21,947,391$10,294,326$8,173,386$18,960,743
65$24,148,085$10,760,808$8,409,255$20,635,654
66$26,572,054$11,248,952$8,651,829$22,470,805
67$29,242,035$11,759,782$8,901,297$24,482,088
68$32,183,083$12,294,372$9,157,851$26,686,992
69$35,422,806$12,853,844$9,421,687$29,104,771
70$38,991,628$13,439,378$9,693,010$31,756,619
71$42,923,074$14,052,208$9,972,025$34,665,870
72$47,254,088$14,693,627$10,258,949$37,858,212
73$52,025,380$15,364,990$10,553,999$41,361,929
74$57,281,813$16,067,718$10,857,402$45,208,164
75$63,072,822$16,803,300$11,169,389$49,431,207
76$69,452,884$17,573,296$11,490,198$54,068,818
77$76,482,031$18,379,341$11,820,072$59,162,578
78$84,226,417$19,223,148$12,159,264$64,758,275
79$92,758,943$20,106,513$12,508,030$70,906,337
80$102,159,941$21,031,318$12,866,635$77,662,300
81$112,517,937$21,999,535$13,235,350$85,087,327
82$123,930,486$23,013,232$13,614,454$93,248,782
83$136,505,091$24,074,575$14,004,233$102,220,860
84$150,360,217$25,185,836$14,404,981$112,085,284
85$165,626,410$26,349,394$14,817,000$122,932,065
86$182,447,534$27,567,744$15,240,599$134,860,352
87$200,982,120$28,843,500$15,676,096$147,979,359
88$221,404,869$30,179,405$16,123,818$162,409,389
89$243,908,299$31,578,329$16,584,100$178,282,964
90$268,704,564$33,043,286$17,057,286$195,746,066
91$296,027,453$34,577,430$17,543,728$214,959,512
92$326,134,599$36,184,070$18,043,789$236,100,461
93$359,309,913$37,866,675$18,557,841$259,364,080
94$395,866,262$39,628,879$19,086,266$284,965,374
95$436,148,420$41,474,494$19,629,455$313,141,212
96$480,536,328$43,407,513$20,187,811$344,152,551
97$529,448,676$45,432,124$20,761,746$378,286,889
98$583,346,860$47,552,717$21,351,684$415,860,968
99$642,739,333$49,773,894$21,958,058$457,223,756
100$708,186,408$52,100,477$22,581,316$502,759,729