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%16.8%
1 years$924,886$916,647$908,609$900,764$893,104$868,345
2 years$457,864$449,337$441,073$433,060$425,287$400,528
3 years$302,211$293,647$285,403$277,466$269,820$245,835
4 years$224,399$215,861$207,700$199,898$192,438$169,412
5 years$177,725$169,238$161,184$153,541$146,288$124,285
6 years$146,618$138,195$130,261$122,788$115,753$94,792
7 years$124,408$116,056$108,247$100,951$94,138$74,221
8 years$107,758$99,482$91,802$84,685$78,097$59,212
9 years$94,815$86,617$79,069$72,133$65,769$47,899
10 years$84,467$76,348$68,934$62,179$56,038$39,160
11 years$76,005$67,969$60,689$54,115$48,195$32,281
12 years$68,959$61,005$53,860$47,466$41,764$26,785
13 years$63,002$55,131$48,120$41,905$36,419$22,343
14 years$57,900$50,112$43,236$37,199$31,925$18,717
15 years$53,482$45,778$39,036$33,175$28,109$15,734
16 years$49,620$42,001$35,392$29,704$24,843$13,265
17 years$46,216$38,681$32,205$26,689$22,028$11,211
18 years$43,194$35,743$29,399$24,052$19,586$9,493
19 years$40,493$33,126$26,914$21,733$17,457$8,052
20 years$38,065$30,783$24,700$19,684$15,593$6,840
21 years$35,871$28,673$22,719$17,864$13,954$5,817
22 years$33,880$26,765$20,939$16,243$12,508$4,952
23 years$32,064$25,033$19,334$14,793$11,228$4,219
24 years$30,402$23,454$17,881$13,492$10,092$3,597
25 years$28,875$22,010$16,561$12,321$9,081$3,069
26 years$27,468$20,686$15,359$11,266$8,180$2,619
27 years$26,168$19,468$14,263$10,312$7,375$2,237
28 years$24,962$18,345$13,259$9,448$6,655$1,911
29 years$23,842$17,306$12,339$8,664$6,009$1,633
30 years$22,798$16,344$11,493$7,951$5,429$1,396
31 years$21,824$15,450$10,715$7,303$4,909$1,193
32 years$20,912$14,619$9,997$6,711$4,440$1,021
33 years$20,058$13,845$9,334$6,172$4,018$873
34 years$19,255$13,122$8,721$5,679$3,638$747
35 years$18,500$12,446$8,154$5,227$3,295$639
36 years$17,788$11,813$7,628$4,814$2,986$547
37 years$17,117$11,219$7,139$4,436$2,706$468
38 years$16,482$10,662$6,686$4,089$2,453$400
39 years$15,881$10,139$6,264$3,770$2,225$343
40 years$15,312$9,646$5,871$3,477$2,018$293
41 years$14,772$9,182$5,505$3,208$1,831$251
42 years$14,259$8,745$5,164$2,961$1,661$215
43 years$13,771$8,332$4,846$2,733$1,508$184
44 years$13,307$7,942$4,549$2,524$1,368$157
45 years$12,865$7,574$4,271$2,331$1,242$135
46 years$12,443$7,225$4,011$2,153$1,128$115
47 years$12,040$6,895$3,769$1,989$1,024$99
48 years$11,655$6,582$3,541$1,838$930$85
49 years$11,287$6,286$3,329$1,698$845$72
50 years$10,935$6,004$3,130$1,570$767$62

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 $6,339 every year, while hoping to spend $50,861 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: 24/47/29 Blend
49$11,200,000$11,200,000$11,200,000$11,200,000
50$12,348,939$11,755,339$11,581,739$12,532,629
51$13,554,415$12,277,235$11,915,611$13,212,301
52$14,881,145$12,822,999$12,258,964$13,935,278
53$16,341,443$13,393,747$12,612,060$14,708,822
54$17,948,877$13,990,648$12,975,172$15,537,181
55$19,718,400$14,614,927$13,348,577$16,424,994
56$21,666,483$15,267,865$13,732,561$17,377,338
57$23,811,281$15,950,807$14,127,418$18,399,763
58$26,172,795$16,665,159$14,533,450$19,498,345
59$28,773,065$17,412,397$14,950,966$20,679,732
60$31,636,378$18,194,065$15,380,283$21,951,205
61$34,789,495$19,011,781$15,821,730$23,320,737
62$38,261,906$19,867,241$16,275,640$24,797,064
63$42,086,105$20,762,220$16,742,359$26,389,760
64$46,297,900$21,698,581$17,222,239$28,109,318
65$50,936,746$22,678,271$17,715,645$29,967,244
66$56,046,123$23,703,336$18,222,948$31,976,156
67$61,673,942$24,775,913$18,744,531$34,149,896
68$67,872,998$25,898,248$19,280,787$36,503,652
69$74,701,471$27,072,688$19,832,120$39,054,088
70$82,223,468$28,301,698$20,398,944$41,819,501
71$90,509,636$29,587,855$20,981,683$44,819,972
72$99,637,824$30,933,865$21,580,774$48,077,556
73$109,693,817$32,342,560$22,196,665$51,616,473
74$120,772,150$33,816,908$22,829,816$55,463,326
75$132,976,993$35,360,020$23,480,699$59,647,342
76$146,423,142$36,975,157$24,149,798$64,200,635
77$161,237,096$38,665,734$24,837,610$69,158,494
78$177,558,256$40,435,331$25,544,646$74,559,707
79$195,540,236$42,287,700$26,271,430$80,446,908
80$215,352,316$44,226,773$27,018,499$86,866,968
81$237,181,038$46,256,670$27,786,404$93,871,421
82$261,231,967$48,381,710$28,575,711$101,516,934
83$287,731,632$50,606,419$29,387,002$109,865,825
84$316,929,665$52,935,539$30,220,873$118,986,633
85$349,101,152$55,374,043$31,077,934$128,954,749
86$384,549,239$57,927,140$31,958,814$139,853,106
87$423,607,983$60,600,291$32,864,156$151,772,940
88$466,645,513$63,399,221$33,794,621$164,814,634
89$514,067,500$66,329,928$34,750,886$179,088,642
90$566,320,991$69,398,700$35,733,646$194,716,507
91$623,898,624$72,612,129$36,743,615$211,831,986
92$687,343,282$75,977,121$37,781,524$230,582,285
93$757,253,215$79,500,918$38,848,124$251,129,426
94$834,287,690$83,191,111$39,944,183$273,651,744
95$919,173,213$87,055,654$41,070,492$298,345,545
96$1,012,710,388$91,102,887$42,227,860$325,426,926
97$1,115,781,471$95,341,552$43,417,117$355,133,787
98$1,229,358,705$99,780,813$44,639,115$387,728,040
99$1,354,513,495$104,430,274$45,894,727$423,498,048
100$1,492,426,519$109,300,005$47,184,848$462,761,309