Can I retire at age 50 with 11,400,000?

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$941,401$933,016$924,835$916,849$909,052$897,693
2 years$466,040$457,361$448,949$440,793$432,882$421,452
3 years$307,607$298,890$290,500$282,420$274,638$263,492
4 years$228,406$219,716$211,409$203,468$195,874$185,099
5 years$180,898$172,260$164,062$156,283$148,900$138,527
6 years$149,236$140,663$132,587$124,981$117,820$107,861
7 years$126,630$118,129$110,180$102,754$95,819$86,278
8 years$109,682$101,258$93,442$86,197$79,491$70,367
9 years$96,508$88,163$80,481$73,421$66,943$58,232
10 years$85,975$77,712$70,165$63,290$57,039$48,735
11 years$77,362$69,182$61,772$55,081$49,055$41,152
12 years$70,191$62,094$54,821$48,313$42,510$34,998
13 years$64,127$56,115$48,979$42,653$37,070$29,938
14 years$58,934$51,007$44,008$37,863$32,495$25,735
15 years$54,437$46,596$39,733$33,767$28,611$22,211
16 years$50,506$42,751$36,024$30,235$25,287$19,234
17 years$47,042$39,372$32,781$27,166$22,421$16,705
18 years$43,965$36,381$29,924$24,482$19,936$14,543
19 years$41,216$33,718$27,394$22,121$17,769$12,688
20 years$38,745$31,332$25,141$20,035$15,872$11,090
21 years$36,512$29,185$23,125$18,183$14,203$9,708
22 years$34,485$27,243$21,313$16,533$12,731$8,510
23 years$32,637$25,480$19,679$15,057$11,428$7,468
24 years$30,945$23,873$18,200$13,733$10,272$6,561
25 years$29,391$22,404$16,857$12,541$9,243$5,769
26 years$27,959$21,056$15,634$11,467$8,326$5,076
27 years$26,635$19,816$14,517$10,496$7,507$4,470
28 years$25,408$18,672$13,496$9,617$6,773$3,938
29 years$24,268$17,615$12,559$8,819$6,116$3,472
30 years$23,205$16,636$11,698$8,093$5,526$3,062
31 years$22,214$15,726$10,906$7,433$4,996$2,701
32 years$21,286$14,880$10,175$6,831$4,520$2,384
33 years$20,416$14,092$9,501$6,282$4,090$2,105
34 years$19,599$13,356$8,877$5,780$3,703$1,859
35 years$18,830$12,668$8,299$5,321$3,354$1,642
36 years$18,106$12,024$7,764$4,900$3,039$1,451
37 years$17,422$11,420$7,267$4,515$2,754$1,282
38 years$16,776$10,853$6,805$4,162$2,497$1,133
39 years$16,165$10,320$6,376$3,837$2,264$1,002
40 years$15,586$9,819$5,976$3,539$2,054$886
41 years$15,036$9,346$5,603$3,265$1,863$783
42 years$14,514$8,901$5,256$3,014$1,691$692
43 years$14,017$8,481$4,932$2,782$1,535$612
44 years$13,545$8,084$4,630$2,569$1,393$542
45 years$13,095$7,709$4,347$2,372$1,264$479
46 years$12,665$7,354$4,083$2,191$1,148$424
47 years$12,255$7,018$3,836$2,024$1,043$375
48 years$11,863$6,700$3,605$1,871$947$332
49 years$11,489$6,398$3,388$1,729$860$293
50 years$11,130$6,111$3,185$1,598$781$259

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $11,400,000, adding $4,511 every year, while hoping to spend $55,225 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: 48/34/18 Blend
49$11,400,000$11,400,000$11,400,000$11,400,000
50$12,567,453$11,963,253$11,786,553$13,106,813
51$13,790,574$12,490,694$12,122,644$14,008,978
52$15,136,603$13,042,128$12,468,142$14,982,054
53$16,618,017$13,618,673$12,823,306$16,037,501
54$18,248,567$14,221,499$13,188,398$17,183,060
55$20,043,401$14,851,833$13,563,690$18,427,231
56$22,019,212$15,510,958$13,949,458$19,779,355
57$24,194,396$16,200,218$14,345,989$21,249,693
58$26,589,218$16,921,023$14,753,573$22,849,523
59$29,226,012$17,674,847$15,172,512$24,591,240
60$32,129,388$18,463,237$15,603,113$26,488,472
61$35,326,461$19,287,810$16,045,693$28,556,196
62$38,847,111$20,150,264$16,500,575$30,810,885
63$42,724,264$21,052,375$16,968,092$33,270,649
64$46,994,202$21,996,004$17,448,586$35,955,409
65$51,696,903$22,983,101$17,942,406$38,887,071
66$56,876,422$24,015,708$18,449,912$42,089,735
67$62,581,305$25,095,966$18,971,471$45,589,912
68$68,865,045$26,226,116$19,507,464$49,416,767
69$75,786,592$27,408,507$20,058,275$53,602,392
70$83,410,902$28,645,601$20,624,305$58,182,099
71$91,809,554$29,939,976$21,205,960$63,194,747
72$101,061,428$31,294,334$21,803,658$68,683,099
73$111,253,442$32,711,505$22,417,830$74,694,224
74$122,481,380$34,194,456$23,048,914$81,279,927
75$134,850,790$35,746,294$23,697,362$88,497,230
76$148,477,984$37,370,276$24,363,637$96,408,906
77$163,491,133$39,069,814$25,048,213$105,084,058
78$180,031,478$40,848,483$25,751,577$114,598,763
79$198,254,661$42,710,032$26,474,228$125,036,779
80$218,332,198$44,658,385$27,216,676$136,490,327
81$240,453,095$46,697,658$27,979,447$149,060,947
82$264,825,629$48,832,162$28,763,077$162,860,450
83$291,679,321$51,066,416$29,568,119$178,011,957
84$321,267,097$53,405,155$30,395,135$194,651,049
85$353,867,674$55,853,341$31,244,706$212,927,035
86$389,788,198$58,416,176$32,117,424$233,004,349
87$429,367,135$61,099,109$33,013,898$255,064,082
88$472,977,470$63,907,853$33,934,752$279,305,682
89$521,030,228$66,848,394$34,880,622$305,948,821
90$573,978,353$69,927,007$35,852,165$335,235,446
91$632,320,983$73,150,268$36,850,050$367,432,053
92$696,608,161$76,525,069$37,874,964$402,832,179
93$767,446,030$80,058,634$38,927,612$441,759,156
94$845,502,553$83,758,535$40,008,715$484,569,147
95$931,513,817$87,632,707$41,119,011$531,654,479
96$1,026,290,986$91,689,469$42,259,257$583,447,333
97$1,130,727,952$95,937,538$43,430,228$640,423,799
98$1,245,809,781$100,386,055$44,632,718$703,108,343
99$1,372,622,005$105,044,598$45,867,540$772,078,736
100$1,512,360,873$109,923,208$47,135,527$847,971,484