Can I retire at age 50 with 5,400,000?

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 $5,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$445,927$441,955$438,080$434,297$430,604$422,774
2 years$220,756$216,645$212,660$208,797$205,049$197,190
3 years$145,709$141,580$137,605$133,778$130,092$122,446
4 years$108,192$104,076$100,141$96,380$92,783$85,410
5 years$85,689$81,597$77,714$74,029$70,532$63,454
6 years$70,691$66,630$62,804$59,201$55,809$49,034
7 years$59,983$55,956$52,191$48,673$45,388$38,916
8 years$51,955$47,964$44,262$40,830$37,654$31,484
9 years$45,714$41,762$38,123$34,778$31,710$25,839
10 years$40,725$36,811$33,236$29,979$27,018$21,441
11 years$36,645$32,771$29,261$26,091$23,237$17,947
12 years$33,248$29,413$25,968$22,885$20,136$15,126
13 years$30,376$26,581$23,201$20,204$17,559$12,821
14 years$27,916$24,161$20,846$17,935$15,392$10,918
15 years$25,786$22,072$18,821$15,995$13,553$9,333
16 years$23,924$20,250$17,064$14,322$11,978$8,004
17 years$22,283$18,650$15,528$12,868$10,620$6,882
18 years$20,826$17,233$14,175$11,597$9,443$5,932
19 years$19,523$15,972$12,976$10,479$8,417$5,122
20 years$18,353$14,842$11,909$9,490$7,518$4,431
21 years$17,295$13,824$10,954$8,613$6,728$3,838
22 years$16,335$12,905$10,096$7,831$6,031$3,328
23 years$15,459$12,069$9,322$7,132$5,413$2,889
24 years$14,658$11,308$8,621$6,505$4,866$2,511
25 years$13,922$10,612$7,985$5,941$4,378$2,183
26 years$13,244$9,974$7,405$5,432$3,944$1,900
27 years$12,617$9,386$6,877$4,972$3,556$1,654
28 years$12,035$8,845$6,393$4,555$3,208$1,441
29 years$11,495$8,344$5,949$4,177$2,897$1,256
30 years$10,992$7,880$5,541$3,834$2,618$1,095
31 years$10,522$7,449$5,166$3,521$2,367$955
32 years$10,083$7,049$4,820$3,236$2,141$833
33 years$9,671$6,675$4,500$2,976$1,937$727
34 years$9,284$6,326$4,205$2,738$1,754$635
35 years$8,920$6,001$3,931$2,520$1,589$554
36 years$8,576$5,695$3,678$2,321$1,440$484
37 years$8,253$5,409$3,442$2,139$1,305$422
38 years$7,947$5,141$3,223$1,971$1,183$369
39 years$7,657$4,888$3,020$1,818$1,073$322
40 years$7,383$4,651$2,831$1,676$973$281
41 years$7,122$4,427$2,654$1,547$883$246
42 years$6,875$4,216$2,490$1,427$801$215
43 years$6,640$4,017$2,336$1,318$727$188
44 years$6,416$3,829$2,193$1,217$660$164
45 years$6,203$3,652$2,059$1,124$599$143
46 years$5,999$3,484$1,934$1,038$544$125
47 years$5,805$3,324$1,817$959$494$109
48 years$5,619$3,174$1,707$886$448$96
49 years$5,442$3,031$1,605$819$407$84
50 years$5,272$2,895$1,509$757$370$73

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $5,400,000, adding $4,145 every year, while hoping to spend $59,894 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: 48/47/5 Blend
49$5,400,000$5,400,000$5,400,000$5,400,000
50$5,955,076$5,668,876$5,585,176$6,233,221
51$6,498,767$5,882,924$5,708,552$6,637,729
52$7,095,907$6,105,453$5,834,055$7,069,939
53$7,751,884$6,336,815$5,961,691$7,537,742
54$8,472,636$6,577,379$6,091,467$8,044,459
55$9,264,701$6,827,526$6,223,387$8,593,740
56$10,135,284$7,087,659$6,357,454$9,189,592
57$11,092,323$7,358,194$6,493,669$9,836,420
58$12,144,561$7,639,567$6,632,028$10,539,066
59$13,301,634$7,932,233$6,772,529$11,302,848
60$14,574,156$8,236,668$6,915,163$12,133,617
61$15,973,821$8,553,365$7,059,922$13,037,801
62$17,513,514$8,882,844$7,206,793$14,022,471
63$19,207,433$9,225,644$7,355,761$15,095,403
64$21,071,219$9,582,328$7,506,807$16,265,147
65$23,122,107$9,953,486$7,659,909$17,541,109
66$25,379,086$10,339,731$7,815,040$18,933,637
67$27,863,081$10,741,706$7,972,172$20,454,112
68$30,597,147$11,160,081$8,131,271$22,115,059
69$33,606,686$11,595,555$8,292,299$23,930,258
70$36,919,690$12,048,859$8,455,213$25,914,874
71$40,567,001$12,520,757$8,619,966$28,085,595
72$44,582,606$13,012,044$8,786,505$30,460,790
73$49,003,952$13,523,555$8,954,774$33,060,674
74$53,872,304$14,056,158$9,124,707$35,907,501
75$59,233,132$14,610,762$9,296,237$39,025,766
76$65,136,538$15,188,316$9,469,288$42,442,437
77$71,637,732$15,789,811$9,643,777$46,187,202
78$78,797,553$16,416,284$9,819,615$50,292,748
79$86,683,037$17,068,816$9,996,706$54,795,065
80$95,368,058$17,748,538$10,174,946$59,733,779
81$104,934,015$18,456,632$10,354,223$65,152,528
82$115,470,611$19,194,333$10,534,415$71,099,360
83$127,076,689$19,962,931$10,715,394$77,627,192
84$139,861,171$20,763,775$10,897,020$84,794,296
85$153,944,084$21,598,274$11,079,144$92,664,850
86$169,457,693$22,467,901$11,261,607$101,309,534
87$186,547,746$23,374,196$11,444,239$110,806,194
88$205,374,853$24,318,769$11,626,858$121,240,572
89$226,116,001$25,303,301$11,809,271$132,707,106
90$248,966,223$26,329,553$11,991,271$145,309,817
91$274,140,439$27,399,362$12,172,640$159,163,286
92$301,875,484$28,514,652$12,353,144$174,393,726
93$332,432,344$29,677,431$12,532,535$191,140,165
94$366,098,620$30,889,801$12,710,552$209,555,756
95$403,191,238$32,153,960$12,886,914$229,809,211
96$444,059,446$33,472,206$13,061,327$252,086,384
97$489,088,106$34,846,941$13,233,478$276,592,022
98$538,701,329$36,280,677$13,403,036$303,551,686
99$593,366,477$37,776,043$13,569,651$333,213,868
100$653,598,576$39,335,787$13,732,952$365,852,333