Can I retire at age 50 with 11,700,000?

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 $11,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$966,175$957,569$949,172$940,977$932,974$911,531
2 years$478,304$469,397$460,763$452,393$444,274$422,788
3 years$315,702$306,756$298,144$289,852$281,865$261,009
4 years$234,417$225,498$216,973$208,822$201,029$180,962
5 years$185,659$176,793$168,380$160,396$152,819$133,598
6 years$153,164$144,365$136,076$128,270$120,920$102,565
7 years$129,962$121,237$113,080$105,458$98,341$80,854
8 years$112,569$103,923$95,901$88,466$81,583$64,959
9 years$99,048$90,484$82,599$75,353$68,705$52,930
10 years$88,237$79,757$72,012$64,955$58,540$43,597
11 years$79,398$71,003$63,398$56,530$50,346$36,215
12 years$72,038$63,728$56,264$49,585$43,629$30,287
13 years$65,814$57,592$50,268$43,776$38,045$25,468
14 years$60,484$52,349$45,166$38,859$33,350$21,511
15 years$55,870$47,822$40,779$34,656$29,364$18,236
16 years$51,835$43,876$36,972$31,030$25,952$15,507
17 years$48,280$40,408$33,643$27,881$23,011$13,220
18 years$45,122$37,339$30,712$25,126$20,460$11,294
19 years$42,301$34,605$28,115$22,704$18,237$9,666
20 years$39,765$32,157$25,803$20,562$16,289$8,286
21 years$37,473$29,953$23,734$18,662$14,577$7,112
22 years$35,392$27,960$21,874$16,968$13,066$6,111
23 years$33,495$26,150$20,197$15,453$11,729$5,256
24 years$31,759$24,501$18,679$14,094$10,542$4,524
25 years$30,164$22,993$17,300$12,871$9,487$3,897
26 years$28,695$21,610$16,045$11,769$8,545$3,358
27 years$27,336$20,337$14,899$10,772$7,704$2,896
28 years$26,077$19,164$13,851$9,870$6,952$2,498
29 years$24,906$18,079$12,889$9,051$6,277$2,156
30 years$23,816$17,074$12,006$8,306$5,672$1,861
31 years$22,798$16,140$11,193$7,629$5,128$1,607
32 years$21,846$15,272$10,443$7,011$4,638$1,388
33 years$20,953$14,463$9,751$6,447$4,198$1,199
34 years$20,114$13,707$9,111$5,932$3,801$1,036
35 years$19,326$13,001$8,518$5,461$3,442$896
36 years$18,582$12,340$7,968$5,029$3,119$774
37 years$17,881$11,720$7,458$4,634$2,827$669
38 years$17,218$11,138$6,984$4,271$2,563$578
39 years$16,590$10,592$6,543$3,938$2,324$500
40 years$15,996$10,077$6,133$3,632$2,108$432
41 years$15,432$9,592$5,751$3,351$1,912$374
42 years$14,896$9,135$5,395$3,093$1,735$323
43 years$14,386$8,704$5,062$2,855$1,575$280
44 years$13,901$8,297$4,752$2,636$1,430$242
45 years$13,439$7,912$4,462$2,435$1,298$209
46 years$12,998$7,548$4,190$2,249$1,178$181
47 years$12,578$7,203$3,937$2,078$1,070$156
48 years$12,176$6,876$3,700$1,920$972$135
49 years$11,791$6,566$3,477$1,774$883$117
50 years$11,423$6,272$3,269$1,640$802$101

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $11,700,000, adding $3,590 every year, while hoping to spend $55,012 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: 47/35/18 Blend
49$11,700,000$11,700,000$11,700,000$11,700,000
50$12,897,103$12,277,003$12,095,653$13,437,318
51$14,154,075$12,820,044$12,442,325$14,356,649
52$15,537,415$13,387,850$12,798,767$15,348,046
53$17,059,953$13,981,577$13,165,248$16,422,928
54$18,735,829$14,602,434$13,542,044$17,589,114
55$20,580,620$15,251,690$13,929,439$18,855,191
56$22,611,493$15,930,672$14,327,725$20,230,591
57$24,847,361$16,640,772$14,737,200$21,725,677
58$27,309,068$17,383,445$15,158,171$23,351,837
59$30,019,577$18,160,219$15,590,955$25,121,585
60$33,004,196$18,972,691$16,035,874$27,048,673
61$36,290,808$19,822,537$16,493,260$29,148,223
62$39,910,141$20,711,512$16,963,454$31,436,857
63$43,896,052$21,641,453$17,446,807$33,932,850
64$48,285,851$22,614,285$17,943,676$36,656,301
65$53,120,650$23,632,028$18,454,432$39,629,313
66$58,445,752$24,696,793$18,979,451$42,876,196
67$64,311,079$25,810,796$19,519,123$46,423,694
68$70,771,641$26,976,357$20,073,845$50,301,223
69$77,888,056$28,195,906$20,644,027$54,541,150
70$85,727,123$29,471,991$21,230,087$59,179,085
71$94,362,452$30,807,281$21,832,457$64,254,214
72$103,875,156$32,204,571$22,451,578$69,809,658
73$114,354,619$33,666,792$23,087,903$75,892,873
74$125,899,339$35,197,015$23,741,898$82,556,088
75$138,617,859$36,798,455$24,414,038$89,856,793
76$152,629,786$38,474,485$25,104,814$97,858,266
77$168,066,926$40,228,637$25,814,727$106,630,165
78$185,074,525$42,064,612$26,544,293$116,249,174
79$203,812,639$43,986,291$27,294,039$126,799,716
80$224,457,648$45,997,738$28,064,509$138,374,737
81$247,203,914$48,103,214$28,856,256$151,076,575
82$272,265,625$50,307,183$29,669,853$165,017,911
83$299,878,808$52,614,325$30,505,882$180,322,819
84$330,303,562$55,029,542$31,364,944$197,127,928
85$363,826,510$57,557,974$32,247,654$215,583,693
86$400,763,505$60,205,006$33,154,643$235,855,802
87$441,462,616$62,976,284$34,086,556$258,126,726
88$486,307,404$65,877,724$35,044,057$282,597,423
89$535,720,552$68,915,525$36,027,826$309,489,222
90$590,167,850$72,096,187$37,038,559$339,045,888
91$650,162,591$75,426,521$38,076,972$371,535,912
92$716,270,422$78,913,667$39,143,797$407,255,022
93$789,114,675$82,565,107$40,239,784$446,528,955
94$869,382,260$86,388,685$41,365,705$489,716,512
95$957,830,141$90,392,622$42,522,347$537,212,921
96$1,055,292,490$94,585,534$43,710,520$589,453,547
97$1,162,688,554$98,976,455$44,931,052$646,917,976
98$1,281,031,337$103,574,852$46,184,793$710,134,518
99$1,411,437,164$108,390,651$47,472,614$779,685,169
100$1,555,136,215$113,434,253$48,795,407$856,211,074