Can I retire at age 50 with 11,200,000?

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 $11,200,000?

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$924,886$916,647$908,609$900,764$893,104$864,515
2 years$457,864$449,337$441,073$433,060$425,287$396,748
3 years$302,211$293,647$285,403$277,466$269,820$242,226
4 years$224,399$215,861$207,700$199,898$192,438$166,001
5 years$177,725$169,238$161,184$153,541$146,288$121,079
6 years$146,618$138,195$130,261$122,788$115,753$91,792
7 years$124,408$116,056$108,247$100,951$94,138$71,424
8 years$107,758$99,482$91,802$84,685$78,097$56,613
9 years$94,815$86,617$79,069$72,133$65,769$45,491
10 years$84,467$76,348$68,934$62,179$56,038$36,936
11 years$76,005$67,969$60,689$54,115$48,195$30,233
12 years$68,959$61,005$53,860$47,466$41,764$24,904
13 years$63,002$55,131$48,120$41,905$36,419$20,619
14 years$57,900$50,112$43,236$37,199$31,925$17,142
15 years$53,482$45,778$39,036$33,175$28,109$14,299
16 years$49,620$42,001$35,392$29,704$24,843$11,960
17 years$46,216$38,681$32,205$26,689$22,028$10,027
18 years$43,194$35,743$29,399$24,052$19,586$8,422
19 years$40,493$33,126$26,914$21,733$17,457$7,084
20 years$38,065$30,783$24,700$19,684$15,593$5,967
21 years$35,871$28,673$22,719$17,864$13,954$5,032
22 years$33,880$26,765$20,939$16,243$12,508$4,247
23 years$32,064$25,033$19,334$14,793$11,228$3,587
24 years$30,402$23,454$17,881$13,492$10,092$3,032
25 years$28,875$22,010$16,561$12,321$9,081$2,564
26 years$27,468$20,686$15,359$11,266$8,180$2,169
27 years$26,168$19,468$14,263$10,312$7,375$1,836
28 years$24,962$18,345$13,259$9,448$6,655$1,554
29 years$23,842$17,306$12,339$8,664$6,009$1,316
30 years$22,798$16,344$11,493$7,951$5,429$1,115
31 years$21,824$15,450$10,715$7,303$4,909$945
32 years$20,912$14,619$9,997$6,711$4,440$801
33 years$20,058$13,845$9,334$6,172$4,018$679
34 years$19,255$13,122$8,721$5,679$3,638$575
35 years$18,500$12,446$8,154$5,227$3,295$488
36 years$17,788$11,813$7,628$4,814$2,986$413
37 years$17,117$11,219$7,139$4,436$2,706$350
38 years$16,482$10,662$6,686$4,089$2,453$297
39 years$15,881$10,139$6,264$3,770$2,225$252
40 years$15,312$9,646$5,871$3,477$2,018$214
41 years$14,772$9,182$5,505$3,208$1,831$181
42 years$14,259$8,745$5,164$2,961$1,661$154
43 years$13,771$8,332$4,846$2,733$1,508$130
44 years$13,307$7,942$4,549$2,524$1,368$110
45 years$12,865$7,574$4,271$2,331$1,242$94
46 years$12,443$7,225$4,011$2,153$1,128$79
47 years$12,040$6,895$3,769$1,989$1,024$67
48 years$11,655$6,582$3,541$1,838$930$57
49 years$11,287$6,286$3,329$1,698$845$48
50 years$10,935$6,004$3,130$1,570$767$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $11,200,000, adding $3,201 every year, while hoping to spend $22,509 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: 53/40/7 Blend
49$11,200,000$11,200,000$11,200,000$11,200,000
50$12,345,702$11,752,102$11,578,502$12,979,208
51$13,581,014$12,304,005$11,942,432$13,960,683
52$14,941,574$12,882,198$12,317,800$15,025,155
53$16,440,132$13,487,944$12,704,964$16,182,642
54$18,090,741$14,122,568$13,104,296$17,441,936
55$19,908,884$14,787,461$13,516,177$18,812,690
56$21,911,623$15,484,080$13,941,002$20,305,510
57$24,117,761$16,213,953$14,379,178$21,932,048
58$26,548,017$16,978,680$14,831,125$23,705,108
59$29,225,221$17,779,942$15,297,274$25,638,760
60$32,174,533$18,619,498$15,778,072$27,748,470
61$35,423,677$19,499,196$16,273,979$30,051,239
62$39,003,206$20,420,970$16,785,471$32,565,757
63$42,946,785$21,386,850$17,313,037$35,312,574
64$47,291,515$22,398,963$17,857,181$38,314,289
65$52,078,278$23,459,541$18,418,426$41,595,754
66$57,352,127$24,570,923$18,997,307$45,184,301
67$63,162,707$25,735,561$19,594,380$49,109,997
68$69,564,727$26,956,027$20,210,215$53,405,915
69$76,618,475$28,235,018$20,845,403$58,108,442
70$84,390,386$29,575,361$21,500,551$63,257,609
71$92,953,673$30,980,021$22,176,287$68,897,467
72$102,389,012$32,452,107$22,873,257$75,076,488
73$112,785,309$33,994,878$23,592,129$81,848,012
74$124,240,535$35,611,752$24,333,590$89,270,746
75$136,862,655$37,306,313$25,098,351$97,409,303
76$150,770,643$39,082,320$25,887,143$106,334,801
77$166,095,608$40,943,713$26,700,721$116,125,523
78$182,982,030$42,894,624$27,539,865$126,867,646
79$201,589,124$44,939,387$28,405,377$138,656,035
80$222,092,343$47,082,546$29,298,086$151,595,135
81$244,685,037$49,328,865$30,218,847$165,799,932
82$269,580,272$51,683,341$31,168,539$181,397,032
83$297,012,848$54,151,213$32,148,074$198,525,836
84$327,241,512$56,737,976$33,158,388$217,339,841
85$360,551,400$59,449,391$34,200,448$238,008,071
86$397,256,731$62,291,499$35,275,251$260,716,657
87$437,703,772$65,270,637$36,383,826$285,670,572
88$482,274,107$68,393,449$37,527,235$313,095,549
89$531,388,240$71,666,902$38,706,571$343,240,190
90$585,509,563$75,098,302$39,922,964$376,378,291
91$645,148,732$78,695,313$41,177,577$412,811,407
92$710,868,488$82,465,968$42,471,611$452,871,670
93$783,288,968$86,418,695$43,806,304$496,924,903
94$863,093,562$90,562,331$45,182,935$545,374,047
95$951,035,362$94,906,142$46,602,820$598,662,936
96$1,047,944,272$99,459,846$48,067,318$657,280,463
97$1,154,734,846$104,233,636$49,577,830$721,765,157
98$1,272,414,916$109,238,200$51,135,804$792,710,244
99$1,402,095,112$114,484,747$52,742,728$870,769,210
100$1,544,999,346$119,985,032$54,400,141$956,661,936