Can I retire at age 50 with 11,500,000?

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 $11,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$949,659$941,200$932,947$924,892$917,026$885,194
2 years$470,128$461,373$452,887$444,660$436,679$404,938
3 years$310,306$301,512$293,048$284,898$277,047$246,394
4 years$230,410$221,643$213,264$205,253$197,592$168,262
5 years$182,485$173,771$165,501$157,654$150,207$122,276
6 years$150,546$141,897$133,750$126,077$118,853$92,344
7 years$127,741$119,165$111,147$103,655$96,660$71,567
8 years$110,645$102,146$94,261$86,953$80,188$56,492
9 years$97,355$88,937$81,187$74,065$67,530$45,200
10 years$86,729$78,393$70,781$63,845$57,539$36,538
11 years$78,041$69,789$62,314$55,564$49,486$29,772
12 years$70,806$62,639$55,302$48,737$42,883$24,410
13 years$64,689$56,607$49,409$43,028$37,395$20,114
14 years$59,451$51,454$44,394$38,195$32,780$16,641
15 years$54,914$47,005$40,082$34,063$28,862$13,812
16 years$50,949$43,126$36,340$30,500$25,509$11,495
17 years$47,454$39,717$33,068$27,404$22,618$9,587
18 years$44,351$36,701$30,187$24,697$20,111$8,010
19 years$41,578$34,014$27,635$22,315$17,925$6,703
20 years$39,085$31,607$25,362$20,211$16,011$5,616
21 years$36,832$29,441$23,328$18,343$14,328$4,710
22 years$34,787$27,482$21,500$16,678$12,843$3,954
23 years$32,923$25,703$19,852$15,189$11,529$3,321
24 years$31,216$24,082$18,359$13,853$10,362$2,791
25 years$29,649$22,600$17,005$12,651$9,324$2,347
26 years$28,204$21,240$15,771$11,568$8,399$1,975
27 years$26,869$19,990$14,645$10,588$7,572$1,662
28 years$25,631$18,836$13,614$9,701$6,833$1,399
29 years$24,481$17,770$12,669$8,896$6,170$1,178
30 years$23,409$16,782$11,801$8,164$5,575$992
31 years$22,408$15,864$11,002$7,498$5,040$836
32 years$21,472$15,011$10,265$6,891$4,559$704
33 years$20,595$14,215$9,584$6,337$4,126$593
34 years$19,771$13,473$8,955$5,831$3,736$500
35 years$18,995$12,779$8,372$5,367$3,384$421
36 years$18,265$12,129$7,832$4,943$3,066$355
37 years$17,575$11,520$7,331$4,555$2,779$299
38 years$16,923$10,948$6,865$4,198$2,519$252
39 years$16,307$10,410$6,432$3,871$2,284$213
40 years$15,722$9,905$6,028$3,570$2,072$179
41 years$15,168$9,428$5,653$3,294$1,880$151
42 years$14,641$8,979$5,302$3,040$1,706$127
43 years$14,140$8,555$4,976$2,806$1,548$107
44 years$13,664$8,155$4,670$2,591$1,405$91
45 years$13,209$7,777$4,385$2,393$1,276$76
46 years$12,776$7,419$4,119$2,210$1,158$64
47 years$12,363$7,080$3,870$2,042$1,052$54
48 years$11,967$6,758$3,636$1,887$955$46
49 years$11,590$6,454$3,418$1,744$867$39
50 years$11,228$6,165$3,213$1,612$788$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $11,500,000, adding $5,974 every year, while hoping to spend $27,259 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: 42/36/22 Blend
49$11,500,000$11,500,000$11,500,000$11,500,000
50$12,679,162$12,069,662$11,891,412$13,129,743
51$13,943,433$12,632,072$12,260,771$14,013,654
52$15,335,747$13,221,127$12,641,590$14,967,171
53$16,869,133$13,838,103$13,034,224$15,999,216
54$18,557,954$14,484,338$13,439,039$17,117,023
55$20,418,031$15,161,237$13,856,413$18,328,531
56$22,466,801$15,870,269$14,286,734$19,642,455
57$24,723,480$16,612,977$14,730,404$21,068,362
58$27,209,239$17,390,977$15,187,837$22,616,756
59$29,947,411$18,205,964$15,659,459$24,299,173
60$32,963,705$19,059,715$16,145,709$26,128,283
61$36,286,453$19,954,091$16,647,041$28,118,006
62$39,946,876$20,891,046$17,163,922$30,283,636
63$43,979,377$21,872,627$17,696,833$32,641,978
64$48,421,868$22,900,980$18,246,271$35,211,503
65$53,316,125$23,978,355$18,812,748$38,012,514
66$58,708,187$25,107,111$19,396,791$41,067,328
67$64,648,784$26,289,721$19,998,945$44,400,486
68$71,193,821$27,528,779$20,619,771$48,038,967
69$78,404,903$28,827,002$21,259,847$52,012,445
70$86,349,920$30,187,242$21,919,768$56,353,552
71$95,103,682$31,612,486$22,600,150$61,098,183
72$104,748,628$33,105,869$23,301,626$66,285,821
73$115,375,607$34,670,675$24,024,849$71,959,903
74$127,084,730$36,310,349$24,770,492$78,168,219
75$139,986,319$38,028,503$25,539,250$84,963,353
76$154,201,947$39,828,923$26,331,839$92,403,167
77$169,865,585$41,715,580$27,148,995$100,551,333
78$187,124,868$43,692,637$27,991,480$109,477,930
79$206,142,487$45,764,458$28,860,077$119,260,084
80$227,097,726$47,935,622$29,755,595$129,982,687
81$250,188,154$50,210,928$30,678,867$141,739,184
82$275,631,489$52,595,406$31,630,752$154,632,439
83$303,667,655$55,094,335$32,612,136$168,775,692
84$334,561,044$57,713,246$33,623,932$184,293,614
85$368,603,017$60,457,942$34,667,080$201,323,460
86$406,114,649$63,334,505$35,742,551$220,016,357
87$447,449,762$66,349,315$36,851,346$240,538,704
88$492,998,267$69,509,060$37,994,495$263,073,727
89$543,189,841$72,820,754$39,173,061$287,823,189
90$598,497,986$76,291,753$40,388,140$315,009,273
91$659,444,500$79,929,768$41,640,862$344,876,656
92$726,604,399$83,742,887$42,932,391$377,694,800
93$800,611,350$87,739,590$44,263,928$413,760,465
94$882,163,649$91,928,771$45,636,711$453,400,491
95$972,030,815$96,319,755$47,052,015$496,974,854
96$1,071,060,856$100,922,321$48,511,155$544,880,039
97$1,180,188,273$105,746,724$50,015,488$597,552,750
98$1,300,442,881$110,803,718$51,566,412$655,474,008
99$1,432,959,535$116,104,580$53,165,366$719,173,654
100$1,578,988,839$121,661,136$54,813,837$789,235,323