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%14.5%
1 years$941,401$933,016$924,835$916,849$909,052$892,158
2 years$466,040$457,361$448,949$440,793$432,882$415,924
3 years$307,607$298,890$290,500$282,420$274,638$258,146
4 years$228,406$219,716$211,409$203,468$195,874$179,974
5 years$180,898$172,260$164,062$156,283$148,900$133,638
6 years$149,236$140,663$132,587$124,981$117,820$103,212
7 years$126,630$118,129$110,180$102,754$95,819$81,869
8 years$109,682$101,258$93,442$86,197$79,491$66,196
9 years$96,508$88,163$80,481$73,421$66,943$54,295
10 years$85,975$77,712$70,165$63,290$57,039$45,026
11 years$77,362$69,182$61,772$55,081$49,055$37,664
12 years$70,191$62,094$54,821$48,313$42,510$31,725
13 years$64,127$56,115$48,979$42,653$37,070$26,872
14 years$58,934$51,007$44,008$37,863$32,495$22,868
15 years$54,437$46,596$39,733$33,767$28,611$19,535
16 years$50,506$42,751$36,024$30,235$25,287$16,741
17 years$47,042$39,372$32,781$27,166$22,421$14,385
18 years$43,965$36,381$29,924$24,482$19,936$12,389
19 years$41,216$33,718$27,394$22,121$17,769$10,690
20 years$38,745$31,332$25,141$20,035$15,872$9,240
21 years$36,512$29,185$23,125$18,183$14,203$7,997
22 years$34,485$27,243$21,313$16,533$12,731$6,930
23 years$32,637$25,480$19,679$15,057$11,428$6,012
24 years$30,945$23,873$18,200$13,733$10,272$5,220
25 years$29,391$22,404$16,857$12,541$9,243$4,536
26 years$27,959$21,056$15,634$11,467$8,326$3,944
27 years$26,635$19,816$14,517$10,496$7,507$3,431
28 years$25,408$18,672$13,496$9,617$6,773$2,987
29 years$24,268$17,615$12,559$8,819$6,116$2,601
30 years$23,205$16,636$11,698$8,093$5,526$2,266
31 years$22,214$15,726$10,906$7,433$4,996$1,974
32 years$21,286$14,880$10,175$6,831$4,520$1,721
33 years$20,416$14,092$9,501$6,282$4,090$1,501
34 years$19,599$13,356$8,877$5,780$3,703$1,309
35 years$18,830$12,668$8,299$5,321$3,354$1,141
36 years$18,106$12,024$7,764$4,900$3,039$996
37 years$17,422$11,420$7,267$4,515$2,754$869
38 years$16,776$10,853$6,805$4,162$2,497$758
39 years$16,165$10,320$6,376$3,837$2,264$662
40 years$15,586$9,819$5,976$3,539$2,054$577
41 years$15,036$9,346$5,603$3,265$1,863$504
42 years$14,514$8,901$5,256$3,014$1,691$440
43 years$14,017$8,481$4,932$2,782$1,535$384
44 years$13,545$8,084$4,630$2,569$1,393$335
45 years$13,095$7,709$4,347$2,372$1,264$293
46 years$12,665$7,354$4,083$2,191$1,148$256
47 years$12,255$7,018$3,836$2,024$1,043$223
48 years$11,863$6,700$3,605$1,871$947$195
49 years$11,489$6,398$3,388$1,729$860$170
50 years$11,130$6,111$3,185$1,598$781$149

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 $6,768 every year, while hoping to spend $57,407 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: 32/40/28 Blend
49$11,400,000$11,400,000$11,400,000$11,400,000
50$12,569,781$11,965,581$11,788,881$12,864,402
51$13,790,818$12,490,814$12,122,728$13,616,179
52$15,134,477$13,039,859$12,465,835$14,419,793
53$16,613,204$13,613,823$12,818,451$15,284,249
54$18,240,715$14,213,864$13,180,833$16,214,943
55$20,032,120$14,841,195$13,553,242$17,217,790
56$22,004,070$15,497,088$13,935,950$18,299,273
57$24,174,912$16,182,872$14,329,231$19,466,500
58$26,564,862$16,899,942$14,733,370$20,727,268
59$29,196,197$17,649,758$15,148,657$22,090,127
60$32,093,462$18,433,849$15,575,390$23,564,463
61$35,283,705$19,253,817$16,013,875$25,160,575
62$38,796,728$20,111,340$16,464,425$26,889,766
63$42,665,374$21,008,175$16,927,363$28,764,449
64$46,925,830$21,946,164$17,403,018$30,798,253
65$51,617,973$22,927,234$17,891,727$33,006,148
66$56,785,745$23,953,407$18,393,838$35,404,577
67$62,477,565$25,026,799$18,909,706$38,011,606
68$68,746,791$26,149,626$19,439,696$40,847,088
69$75,652,219$27,324,212$19,984,180$43,932,838
70$83,258,637$28,552,991$20,543,542$47,292,836
71$91,637,442$29,838,511$21,118,175$50,953,443
72$100,867,307$31,183,444$21,708,479$54,943,639
73$111,034,928$32,590,588$22,314,869$59,295,291
74$122,235,839$34,062,876$22,937,766$64,043,441
75$134,575,317$35,603,380$23,577,604$69,226,628
76$148,169,372$37,215,317$24,234,826$74,887,241
77$163,145,843$38,902,063$24,909,887$81,071,909
78$179,645,604$40,667,149$25,603,254$87,831,926
79$197,823,895$42,514,279$26,315,403$95,223,731
80$217,851,788$44,447,334$27,046,824$103,309,417
81$239,917,795$46,470,379$27,798,018$112,157,316
82$264,229,657$48,587,674$28,569,498$121,842,620
83$291,016,297$50,803,685$29,361,791$132,448,082
84$320,529,983$53,123,089$30,175,435$144,064,783
85$353,048,711$55,550,790$31,010,981$156,792,971
86$388,878,826$58,091,925$31,868,996$170,742,995
87$428,357,916$60,751,879$32,750,057$186,036,331
88$471,857,997$63,536,295$33,654,758$202,806,705
89$519,789,025$66,451,085$34,583,704$221,201,340
90$572,602,765$69,502,448$35,537,518$241,382,329
91$630,797,058$72,696,879$36,516,835$263,528,140
92$694,920,515$76,041,184$37,522,307$287,835,280
93$765,577,704$79,542,497$38,554,600$314,520,130
94$843,434,847$83,208,298$39,614,397$343,820,963
95$929,226,118$87,046,421$40,702,396$376,000,168
96$1,023,760,568$91,065,081$41,819,311$411,346,703
97$1,127,929,763$95,272,887$42,965,875$450,178,795
98$1,242,716,203$99,678,862$44,142,836$492,846,915
99$1,369,202,594$104,292,465$45,350,959$539,737,060
100$1,508,582,071$109,123,608$46,591,029$591,274,363