Can I retire at age 50 with 11,300,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$933,143$924,831$916,722$908,807$901,078$868,416
2 years$461,952$453,349$445,011$436,926$429,085$396,537
3 years$304,909$296,268$287,951$279,943$272,229$240,819
4 years$226,403$217,789$209,555$201,683$194,156$164,123
5 years$179,311$170,749$162,623$154,912$147,594$119,017
6 years$147,927$139,429$131,424$123,884$116,786$89,685
7 years$125,519$117,093$109,214$101,852$94,979$69,347
8 years$108,720$100,370$92,622$85,441$78,794$54,610
9 years$95,662$87,390$79,775$72,777$66,356$43,588
10 years$85,221$77,030$69,550$62,734$56,538$35,146
11 years$76,684$68,575$61,231$54,598$48,625$28,563
12 years$69,575$61,550$54,341$47,890$42,137$23,357
13 years$63,564$55,623$48,550$42,279$36,745$19,194
14 years$58,417$50,560$43,622$37,531$32,210$15,835
15 years$53,959$46,187$39,385$33,471$28,360$13,106
16 years$50,063$42,376$35,708$29,970$25,065$10,876
17 years$46,629$39,027$32,493$26,927$22,224$9,044
18 years$43,580$36,062$29,662$24,267$19,761$7,534
19 years$40,855$33,422$27,154$21,927$17,613$6,285
20 years$38,405$31,057$24,921$19,859$15,732$5,250
21 years$36,192$28,929$22,922$18,024$14,079$4,389
22 years$34,182$27,004$21,126$16,388$12,620$3,673
23 years$32,350$25,256$19,506$14,925$11,328$3,076
24 years$30,673$23,664$18,040$13,612$10,182$2,577
25 years$29,133$22,207$16,709$12,431$9,162$2,160
26 years$27,714$20,871$15,497$11,367$8,253$1,811
27 years$26,402$19,642$14,390$10,404$7,441$1,519
28 years$25,185$18,509$13,377$9,532$6,714$1,275
29 years$24,055$17,461$12,449$8,741$6,063$1,070
30 years$23,002$16,490$11,596$8,022$5,478$898
31 years$22,019$15,588$10,810$7,368$4,953$754
32 years$21,099$14,750$10,086$6,771$4,480$633
33 years$20,237$13,968$9,417$6,227$4,054$532
34 years$19,427$13,239$8,799$5,729$3,671$447
35 years$18,665$12,557$8,227$5,274$3,325$375
36 years$17,947$11,918$7,696$4,857$3,012$315
37 years$17,269$11,320$7,203$4,475$2,730$265
38 years$16,629$10,758$6,745$4,125$2,475$222
39 years$16,023$10,229$6,320$3,803$2,245$187
40 years$15,449$9,732$5,923$3,508$2,036$157
41 years$14,904$9,264$5,554$3,237$1,847$132
42 years$14,387$8,823$5,210$2,987$1,676$111
43 years$13,894$8,407$4,889$2,757$1,521$93
44 years$13,426$8,013$4,589$2,546$1,381$78
45 years$12,980$7,641$4,309$2,351$1,253$66
46 years$12,554$7,290$4,047$2,172$1,138$55
47 years$12,148$6,956$3,802$2,007$1,033$46
48 years$11,759$6,641$3,573$1,854$938$39
49 years$11,388$6,342$3,358$1,714$852$33
50 years$11,033$6,058$3,157$1,584$774$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $11,300,000, adding $5,565 every year, while hoping to spend $48,001 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: 55/36/9 Blend
49$11,300,000$11,300,000$11,300,000$11,300,000
50$12,458,340$11,859,440$11,684,290$13,115,973
51$13,678,018$12,389,480$12,024,641$14,091,402
52$15,020,495$12,943,883$12,374,785$15,147,134
53$16,498,244$13,523,793$12,735,000$16,295,428
54$18,125,012$14,130,406$13,105,569$17,545,093
55$19,915,945$14,764,977$13,486,788$18,905,812
56$21,887,732$15,428,821$13,878,955$20,388,223
57$24,058,763$16,123,315$14,282,382$22,004,022
58$26,449,300$16,849,902$14,697,386$23,766,066
59$29,081,674$17,610,092$15,124,293$25,688,488
60$31,980,488$18,405,470$15,563,440$27,786,831
61$35,172,854$19,237,694$16,015,172$30,078,186
62$38,688,648$20,108,504$16,479,843$32,581,351
63$42,560,790$21,019,720$16,957,818$35,317,001
64$46,825,556$21,973,252$17,449,470$38,307,878
65$51,522,920$22,971,100$17,955,185$41,579,001
66$56,696,933$24,015,358$18,475,358$45,157,898
67$62,396,132$25,108,223$19,010,395$49,074,856
68$68,674,008$26,251,996$19,560,714$53,363,202
69$75,589,502$27,449,088$20,126,742$58,059,610
70$83,207,564$28,702,027$20,708,921$63,204,445
71$91,599,768$30,013,459$21,307,703$68,842,127
72$100,844,986$31,386,160$21,923,552$75,021,553
73$111,030,130$32,823,037$22,556,947$81,796,544
74$122,250,976$34,327,139$23,208,378$89,226,345
75$134,613,065$35,901,658$23,878,348$97,376,178
76$148,232,701$37,549,943$24,567,376$106,317,847
77$163,238,046$39,275,500$25,275,992$116,130,406
78$179,770,333$41,082,006$26,004,745$126,900,896
79$197,985,197$42,973,314$26,754,193$138,725,153
80$218,054,143$44,953,462$27,524,915$151,708,708
81$240,166,167$47,026,683$28,317,501$165,967,762
82$264,529,538$49,197,412$29,132,559$181,630,281
83$291,373,765$51,470,300$29,970,714$198,837,185
84$320,951,763$53,850,218$30,832,607$217,743,664
85$353,542,240$56,342,276$31,718,896$238,520,635
86$389,452,328$58,951,827$32,630,258$261,356,334
87$429,020,481$61,684,482$33,567,388$286,458,084
88$472,619,672$64,546,124$34,530,997$314,054,232
89$520,660,912$67,542,918$35,521,819$344,396,287
90$573,597,131$70,681,326$36,540,606$377,761,282
91$631,927,452$73,968,125$37,588,130$414,454,365
92$696,201,903$77,410,414$38,665,183$454,811,665
93$767,026,610$81,015,637$39,772,580$499,203,441
94$845,069,519$84,791,598$40,911,156$548,037,561
95$931,066,700$88,746,476$42,081,769$601,763,326
96$1,025,829,296$92,888,846$43,285,301$660,875,690
97$1,130,251,181$97,227,696$44,522,656$725,919,909
98$1,245,317,398$101,772,450$45,794,762$797,496,663
99$1,372,113,459$106,532,986$47,102,572$876,267,701
100$1,511,835,588$111,519,659$48,447,065$962,962,056