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%19.4%
1 years$924,886$916,647$908,609$900,764$893,104$859,366
2 years$457,864$449,337$441,073$433,060$425,287$391,689
3 years$302,211$293,647$285,403$277,466$269,820$237,418
4 years$224,399$215,861$207,700$199,898$192,438$161,479
5 years$177,725$169,238$161,184$153,541$146,288$116,852
6 years$146,618$138,195$130,261$122,788$115,753$87,861
7 years$124,408$116,056$108,247$100,951$94,138$67,781
8 years$107,758$99,482$91,802$84,685$78,097$53,251
9 years$94,815$86,617$79,069$72,133$65,769$42,398
10 years$84,467$76,348$68,934$62,179$56,038$34,100
11 years$76,005$67,969$60,689$54,115$48,195$27,641
12 years$68,959$61,005$53,860$47,466$41,764$22,543
13 years$63,002$55,131$48,120$41,905$36,419$18,474
14 years$57,900$50,112$43,236$37,199$31,925$15,199
15 years$53,482$45,778$39,036$33,175$28,109$12,544
16 years$49,620$42,001$35,392$29,704$24,843$10,379
17 years$46,216$38,681$32,205$26,689$22,028$8,605
18 years$43,194$35,743$29,399$24,052$19,586$7,147
19 years$40,493$33,126$26,914$21,733$17,457$5,944
20 years$38,065$30,783$24,700$19,684$15,593$4,950
21 years$35,871$28,673$22,719$17,864$13,954$4,126
22 years$33,880$26,765$20,939$16,243$12,508$3,442
23 years$32,064$25,033$19,334$14,793$11,228$2,873
24 years$30,402$23,454$17,881$13,492$10,092$2,399
25 years$28,875$22,010$16,561$12,321$9,081$2,005
26 years$27,468$20,686$15,359$11,266$8,180$1,676
27 years$26,168$19,468$14,263$10,312$7,375$1,401
28 years$24,962$18,345$13,259$9,448$6,655$1,172
29 years$23,842$17,306$12,339$8,664$6,009$980
30 years$22,798$16,344$11,493$7,951$5,429$820
31 years$21,824$15,450$10,715$7,303$4,909$686
32 years$20,912$14,619$9,997$6,711$4,440$575
33 years$20,058$13,845$9,334$6,172$4,018$481
34 years$19,255$13,122$8,721$5,679$3,638$403
35 years$18,500$12,446$8,154$5,227$3,295$337
36 years$17,788$11,813$7,628$4,814$2,986$282
37 years$17,117$11,219$7,139$4,436$2,706$236
38 years$16,482$10,662$6,686$4,089$2,453$198
39 years$15,881$10,139$6,264$3,770$2,225$166
40 years$15,312$9,646$5,871$3,477$2,018$139
41 years$14,772$9,182$5,505$3,208$1,831$116
42 years$14,259$8,745$5,164$2,961$1,661$97
43 years$13,771$8,332$4,846$2,733$1,508$81
44 years$13,307$7,942$4,549$2,524$1,368$68
45 years$12,865$7,574$4,271$2,331$1,242$57
46 years$12,443$7,225$4,011$2,153$1,128$48
47 years$12,040$6,895$3,769$1,989$1,024$40
48 years$11,655$6,582$3,541$1,838$930$34
49 years$11,287$6,286$3,329$1,698$845$28
50 years$10,935$6,004$3,130$1,570$767$24

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 $5,932 every year, while hoping to spend $56,260 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: 48/40/12 Blend
49$11,200,000$11,200,000$11,200,000$11,200,000
50$12,348,519$11,754,919$11,581,319$12,900,108
51$13,548,208$12,271,050$11,909,433$13,796,745
52$14,868,379$12,810,585$12,246,653$14,763,411
53$16,321,263$13,374,613$12,593,225$15,811,717
54$17,920,335$13,964,272$12,949,401$16,949,302
55$19,680,442$14,580,755$13,315,440$18,184,551
56$21,617,946$15,225,311$13,691,606$19,526,676
57$23,750,874$15,899,248$14,078,171$20,985,795
58$26,099,088$16,603,937$14,475,416$22,573,025
59$28,684,478$17,340,813$14,883,625$24,300,582
60$31,531,161$18,111,379$15,303,093$26,181,891
61$34,665,714$18,917,210$15,734,120$28,231,707
62$38,117,419$19,759,956$16,177,016$30,466,252
63$41,918,546$20,641,344$16,632,096$32,903,358
64$46,104,652$21,563,184$17,099,685$35,562,634
65$50,714,919$22,527,373$17,580,117$38,465,642
66$55,792,522$23,535,895$18,073,733$41,636,097
67$61,385,038$24,590,833$18,580,882$45,100,081
68$67,544,894$25,694,366$19,101,923$48,886,285
69$74,329,861$26,848,777$19,637,225$53,026,272
70$81,803,598$28,056,459$20,187,164$57,554,766
71$90,036,258$29,319,919$20,752,127$62,509,975
72$99,105,143$30,641,782$21,332,510$67,933,939
73$109,095,438$32,024,799$21,928,719$73,872,924
74$120,101,012$33,471,854$22,541,171$80,377,844
75$132,225,307$34,985,966$23,170,292$87,504,735
76$145,582,311$36,570,301$23,816,519$95,315,276
77$160,297,635$38,228,173$24,480,300$103,877,356
78$176,509,698$39,963,059$25,162,095$113,265,710
79$194,371,035$41,778,597$25,862,374$123,562,607
80$214,049,736$43,678,603$26,581,618$134,858,622
81$235,731,029$45,667,074$27,320,322$147,253,472
82$259,619,032$47,748,200$28,078,991$160,856,948
83$285,938,681$49,926,369$28,858,145$175,789,937
84$314,937,846$52,206,181$29,658,312$192,185,551
85$346,889,679$54,592,456$30,480,039$210,190,365
86$382,095,187$57,090,247$31,323,880$229,965,789
87$420,886,073$59,704,846$32,190,407$251,689,574
88$463,627,871$62,441,802$33,080,204$275,557,472
89$510,723,391$65,306,928$33,993,869$301,785,070
90$562,616,528$68,306,318$34,932,014$330,609,801
91$619,796,443$71,446,357$35,895,266$362,293,171
92$682,802,191$74,733,739$36,884,268$397,123,206
93$752,227,800$78,175,478$37,899,676$435,417,148
94$828,727,884$81,778,925$38,942,164$477,524,432
95$913,023,822$85,551,786$40,012,420$523,829,956
96$1,005,910,564$89,502,136$41,111,149$574,757,695
97$1,108,264,142$93,638,440$42,239,072$630,774,674
98$1,221,049,931$97,969,570$43,396,928$692,395,354
99$1,345,331,770$102,504,826$44,585,471$760,186,460
100$1,482,282,002$107,253,953$45,805,476$834,772,300