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

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 $11,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$966,175$957,569$949,172$940,977$932,974$896,311
2 years$478,304$469,397$460,763$452,393$444,274$407,785
3 years$315,702$306,756$298,144$289,852$281,865$246,700
4 years$234,417$225,498$216,973$208,822$201,029$167,454
5 years$185,659$176,793$168,380$160,396$152,819$120,921
6 years$153,164$144,365$136,076$128,270$120,920$90,719
7 years$129,962$121,237$113,080$105,458$98,341$69,826
8 years$112,569$103,923$95,901$88,466$81,583$54,727
9 years$99,048$90,484$82,599$75,353$68,705$43,467
10 years$88,237$79,757$72,012$64,955$58,540$34,871
11 years$79,398$71,003$63,398$56,530$50,346$28,192
12 years$72,038$63,728$56,264$49,585$43,629$22,931
13 years$65,814$57,592$50,268$43,776$38,045$18,741
14 years$60,484$52,349$45,166$38,859$33,350$15,375
15 years$55,870$47,822$40,779$34,656$29,364$12,653
16 years$51,835$43,876$36,972$31,030$25,952$10,438
17 years$48,280$40,408$33,643$27,881$23,011$8,629
18 years$45,122$37,339$30,712$25,126$20,460$7,146
19 years$42,301$34,605$28,115$22,704$18,237$5,925
20 years$39,765$32,157$25,803$20,562$16,289$4,919
21 years$37,473$29,953$23,734$18,662$14,577$4,087
22 years$35,392$27,960$21,874$16,968$13,066$3,399
23 years$33,495$26,150$20,197$15,453$11,729$2,828
24 years$31,759$24,501$18,679$14,094$10,542$2,354
25 years$30,164$22,993$17,300$12,871$9,487$1,961
26 years$28,695$21,610$16,045$11,769$8,545$1,634
27 years$27,336$20,337$14,899$10,772$7,704$1,362
28 years$26,077$19,164$13,851$9,870$6,952$1,135
29 years$24,906$18,079$12,889$9,051$6,277$947
30 years$23,816$17,074$12,006$8,306$5,672$789
31 years$22,798$16,140$11,193$7,629$5,128$659
32 years$21,846$15,272$10,443$7,011$4,638$549
33 years$20,953$14,463$9,751$6,447$4,198$458
34 years$20,114$13,707$9,111$5,932$3,801$382
35 years$19,326$13,001$8,518$5,461$3,442$319
36 years$18,582$12,340$7,968$5,029$3,119$266
37 years$17,881$11,720$7,458$4,634$2,827$222
38 years$17,218$11,138$6,984$4,271$2,563$185
39 years$16,590$10,592$6,543$3,938$2,324$155
40 years$15,996$10,077$6,133$3,632$2,108$129
41 years$15,432$9,592$5,751$3,351$1,912$108
42 years$14,896$9,135$5,395$3,093$1,735$90
43 years$14,386$8,704$5,062$2,855$1,575$75
44 years$13,901$8,297$4,752$2,636$1,430$63
45 years$13,439$7,912$4,462$2,435$1,298$52
46 years$12,998$7,548$4,190$2,249$1,178$44
47 years$12,578$7,203$3,937$2,078$1,070$36
48 years$12,176$6,876$3,700$1,920$972$30
49 years$11,791$6,566$3,477$1,774$883$25
50 years$11,423$6,272$3,269$1,640$802$21

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 $5,879 every year, while hoping to spend $34,666 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: 86/8/6 Blend
49$11,700,000$11,700,000$11,700,000$11,700,000
50$12,899,464$12,279,364$12,098,014$14,005,194
51$14,178,325$12,844,169$12,466,413$15,291,461
52$15,586,468$13,435,487$12,845,992$16,699,257
53$17,137,043$14,054,581$13,237,088$18,245,086
54$18,844,541$14,702,775$13,640,050$19,942,816
55$20,724,928$15,381,454$14,055,235$21,807,716
56$22,795,799$16,092,074$14,483,014$23,856,607
57$25,076,543$16,836,158$14,923,767$26,108,015
58$27,588,522$17,615,302$15,377,886$28,582,345
59$30,355,281$18,431,181$15,845,774$31,302,075
60$33,402,759$19,285,548$16,327,847$34,291,962
61$36,759,544$20,180,244$16,824,534$37,579,281
62$40,457,137$21,117,196$17,336,275$41,194,074
63$44,530,251$22,098,424$17,863,526$45,169,438
64$49,017,136$23,126,046$18,406,753$49,541,830
65$53,959,944$24,202,283$18,966,441$54,351,416
66$59,405,126$25,329,462$19,543,083$59,642,441
67$65,403,866$26,510,023$20,137,194$65,463,654
68$72,012,569$27,746,523$20,749,299$71,868,756
69$79,293,391$29,041,643$21,379,940$78,916,914
70$87,314,827$30,398,193$22,029,678$86,673,311
71$96,152,355$31,819,120$22,699,088$95,209,764
72$105,889,150$33,307,512$23,388,762$104,605,394
73$116,616,870$34,866,606$24,099,312$114,947,378
74$128,436,518$36,499,798$24,831,367$126,331,762
75$141,459,400$38,210,644$25,585,575$138,864,373
76$155,808,170$40,002,877$26,362,602$152,661,805
77$171,617,991$41,880,406$27,163,138$167,852,529
78$189,037,812$43,847,332$27,987,889$184,578,093
79$208,231,771$45,907,953$28,837,585$202,994,459
80$229,380,744$48,066,775$29,712,976$223,273,475
81$252,684,057$50,328,524$30,614,838$245,604,489
82$278,361,362$52,698,153$31,543,966$270,196,134
83$306,654,713$55,180,854$32,501,181$297,278,299
84$337,830,851$57,782,074$33,487,328$327,104,287
85$372,183,722$60,507,520$34,503,278$359,953,212
86$410,037,251$63,363,177$35,549,927$396,132,620
87$451,748,400$66,355,322$36,628,199$435,981,396
88$497,710,537$69,490,534$37,739,044$479,872,956
89$548,357,152$72,775,710$38,883,442$528,218,765
90$604,165,946$76,218,085$40,062,402$581,472,220
91$665,663,343$79,825,241$41,276,963$640,132,925
92$733,429,457$83,605,131$42,528,194$704,751,400
93$808,103,571$87,566,092$43,817,198$775,934,275
94$890,390,170$91,716,865$45,145,109$854,350,008
95$981,065,594$96,066,618$46,513,097$940,735,193
96$1,080,985,363$100,624,961$47,922,364$1,035,901,507
97$1,191,092,257$105,401,971$49,374,151$1,140,743,365
98$1,312,425,216$110,408,216$50,869,733$1,256,246,355
99$1,446,129,146$115,654,776$52,410,427$1,383,496,540
100$1,593,465,727$121,153,269$53,997,585$1,523,690,700