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

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$941,401$933,016$924,835$916,849$909,052$872,984
2 years$466,040$457,361$448,949$440,793$432,882$396,991
3 years$307,607$298,890$290,500$282,420$274,638$240,055
4 years$228,406$219,716$211,409$203,468$195,874$162,862
5 years$180,898$172,260$164,062$156,283$148,900$117,542
6 years$149,236$140,663$132,587$124,981$117,820$88,136
7 years$126,630$118,129$110,180$102,754$95,819$67,799
8 years$109,682$101,258$93,442$86,197$79,491$53,107
9 years$96,508$88,163$80,481$73,421$66,943$42,154
10 years$85,975$77,712$70,165$63,290$57,039$33,796
11 years$77,362$69,182$61,772$55,081$49,055$27,305
12 years$70,191$62,094$54,821$48,313$42,510$22,194
13 years$64,127$56,115$48,979$42,653$37,070$18,126
14 years$58,934$51,007$44,008$37,863$32,495$14,861
15 years$54,437$46,596$39,733$33,767$28,611$12,221
16 years$50,506$42,751$36,024$30,235$25,287$10,075
17 years$47,042$39,372$32,781$27,166$22,421$8,323
18 years$43,965$36,381$29,924$24,482$19,936$6,886
19 years$41,216$33,718$27,394$22,121$17,769$5,706
20 years$38,745$31,332$25,141$20,035$15,872$4,733
21 years$36,512$29,185$23,125$18,183$14,203$3,930
22 years$34,485$27,243$21,313$16,533$12,731$3,265
23 years$32,637$25,480$19,679$15,057$11,428$2,715
24 years$30,945$23,873$18,200$13,733$10,272$2,258
25 years$29,391$22,404$16,857$12,541$9,243$1,880
26 years$27,959$21,056$15,634$11,467$8,326$1,565
27 years$26,635$19,816$14,517$10,496$7,507$1,303
28 years$25,408$18,672$13,496$9,617$6,773$1,085
29 years$24,268$17,615$12,559$8,819$6,116$904
30 years$23,205$16,636$11,698$8,093$5,526$754
31 years$22,214$15,726$10,906$7,433$4,996$628
32 years$21,286$14,880$10,175$6,831$4,520$524
33 years$20,416$14,092$9,501$6,282$4,090$436
34 years$19,599$13,356$8,877$5,780$3,703$364
35 years$18,830$12,668$8,299$5,321$3,354$303
36 years$18,106$12,024$7,764$4,900$3,039$253
37 years$17,422$11,420$7,267$4,515$2,754$211
38 years$16,776$10,853$6,805$4,162$2,497$176
39 years$16,165$10,320$6,376$3,837$2,264$147
40 years$15,586$9,819$5,976$3,539$2,054$122
41 years$15,036$9,346$5,603$3,265$1,863$102
42 years$14,514$8,901$5,256$3,014$1,691$85
43 years$14,017$8,481$4,932$2,782$1,535$71
44 years$13,545$8,084$4,630$2,569$1,393$59
45 years$13,095$7,709$4,347$2,372$1,264$49
46 years$12,665$7,354$4,083$2,191$1,148$41
47 years$12,255$7,018$3,836$2,024$1,043$34
48 years$11,863$6,700$3,605$1,871$947$29
49 years$11,489$6,398$3,388$1,729$860$24
50 years$11,130$6,111$3,185$1,598$781$20

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 $5,993 every year, while hoping to spend $43,113 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: 56/24/20 Blend
49$11,400,000$11,400,000$11,400,000$11,400,000
50$12,568,982$11,964,782$11,788,082$13,204,953
51$13,805,146$12,505,184$12,137,111$14,179,945
52$15,165,954$13,070,621$12,496,387$15,236,453
53$16,664,074$13,662,274$12,866,209$16,386,482
54$18,313,465$14,281,381$13,246,882$17,639,021
55$20,129,508$14,929,238$13,638,722$19,003,955
56$22,129,151$15,607,204$14,042,052$20,492,152
57$24,331,070$16,316,704$14,457,207$22,115,564
58$26,755,845$17,059,228$14,884,530$23,887,338
59$29,426,152$17,836,340$15,324,372$25,821,935
60$32,366,978$18,649,680$15,777,097$27,935,262
61$35,605,858$19,500,962$16,243,078$30,244,821
62$39,173,134$20,391,987$16,722,699$32,769,869
63$43,102,239$21,324,640$17,216,355$35,531,596
64$47,430,016$22,300,896$17,724,452$38,553,318
65$52,197,064$23,322,827$18,247,407$41,860,698
66$57,448,121$24,392,601$18,785,651$45,481,980
67$63,232,484$25,512,494$19,339,626$49,448,251
68$69,604,479$26,684,888$19,909,785$53,793,730
69$76,623,969$27,912,281$20,496,596$58,556,085
70$84,356,922$29,197,291$21,100,540$63,776,785
71$92,876,032$30,542,661$21,722,112$69,501,485
72$102,261,404$31,951,268$22,361,819$75,780,447
73$112,601,312$33,426,126$23,020,185$82,669,015
74$123,993,032$34,970,392$23,697,748$90,228,126
75$136,543,759$36,587,379$24,395,060$98,524,880
76$150,371,619$38,280,556$25,112,690$107,633,167
77$165,606,782$40,053,562$25,851,224$117,634,355
78$182,392,696$41,910,208$26,611,262$128,618,052
79$200,887,434$43,854,492$27,393,422$140,682,943
80$221,265,193$45,890,603$28,198,342$153,937,714
81$243,717,931$48,022,930$29,026,675$168,502,067
82$268,457,184$50,256,078$29,879,093$184,507,844
83$295,716,062$52,594,871$30,756,288$202,100,259
84$325,751,447$55,044,367$31,658,970$221,439,260
85$358,846,421$57,609,867$32,587,872$242,701,028
86$395,312,934$60,296,928$33,543,743$266,079,629
87$435,494,753$63,111,377$34,527,358$291,788,836
88$479,770,704$66,059,322$35,539,512$320,064,131
89$528,558,250$69,147,163$36,581,020$351,164,920
90$582,317,430$72,381,612$37,652,722$385,376,966
91$641,555,204$75,769,707$38,755,484$423,015,074
92$706,830,234$79,318,822$39,890,192$464,426,048
93$778,758,163$83,036,690$41,057,759$509,991,948
94$858,017,426$86,931,418$42,259,124$560,133,685
95$945,355,650$91,011,504$43,495,252$615,314,974
96$1,041,596,718$95,285,859$44,767,134$676,046,699
97$1,147,648,540$99,763,823$46,075,790$742,891,712
98$1,264,511,630$104,455,189$47,422,268$816,470,132
99$1,393,288,548$109,370,225$48,807,645$897,465,180
100$1,535,194,308$114,519,694$50,233,030$986,629,604