Can I retire at age 50 with 11,800,000?

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 $11,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$974,433$965,753$957,285$949,019$940,949$912,656
2 years$482,393$473,408$464,701$456,259$448,071$419,805
3 years$318,401$309,378$300,693$292,330$284,274$256,922
4 years$236,421$227,425$218,827$210,607$202,747$176,517
5 years$187,245$178,304$169,819$161,766$154,125$129,088
6 years$154,473$145,599$137,239$129,366$121,954$98,133
7 years$131,073$122,274$114,046$106,359$99,181$76,575
8 years$113,531$104,811$96,720$89,222$82,280$60,875
9 years$99,894$91,257$83,305$75,997$69,292$49,065
10 years$88,992$80,438$72,627$65,510$59,040$39,963
11 years$80,077$71,610$63,940$57,014$50,777$32,816
12 years$72,653$64,273$56,745$50,009$44,002$27,122
13 years$66,377$58,084$50,698$44,150$38,370$22,532
14 years$61,001$52,797$45,552$39,192$33,635$18,797
15 years$56,347$48,231$41,128$34,952$29,615$15,735
16 years$52,278$44,251$37,288$31,296$26,174$13,209
17 years$48,692$40,753$33,931$28,119$23,208$11,114
18 years$45,508$37,658$30,974$25,341$20,635$9,370
19 years$42,662$34,901$28,356$22,898$18,393$7,912
20 years$40,104$32,432$26,023$20,738$16,429$6,690
21 years$37,793$30,209$23,936$18,821$14,702$5,663
22 years$35,695$28,199$22,061$17,113$13,178$4,798
23 years$33,782$26,374$20,370$15,585$11,829$4,069
24 years$32,031$24,711$18,838$14,214$10,633$3,453
25 years$30,422$23,190$17,448$12,981$9,568$2,932
26 years$28,940$21,795$16,182$11,870$8,618$2,490
27 years$27,570$20,511$15,027$10,864$7,770$2,116
28 years$26,300$19,328$13,969$9,954$7,011$1,799
29 years$25,119$18,233$13,000$9,128$6,331$1,530
30 years$24,020$17,219$12,109$8,377$5,720$1,301
31 years$22,993$16,278$11,289$7,694$5,172$1,107
32 years$22,033$15,402$10,532$7,071$4,678$942
33 years$21,132$14,586$9,834$6,502$4,234$802
34 years$20,286$13,825$9,188$5,983$3,833$682
35 years$19,491$13,112$8,591$5,507$3,472$581
36 years$18,741$12,446$8,036$5,072$3,146$494
37 years$18,034$11,820$7,522$4,673$2,851$421
38 years$17,365$11,234$7,044$4,308$2,585$358
39 years$16,732$10,682$6,599$3,972$2,344$305
40 years$16,132$10,163$6,186$3,663$2,126$260
41 years$15,564$9,674$5,800$3,380$1,929$221
42 years$15,023$9,213$5,441$3,119$1,750$189
43 years$14,509$8,779$5,105$2,879$1,588$161
44 years$14,020$8,368$4,792$2,659$1,442$137
45 years$13,554$7,979$4,500$2,455$1,309$116
46 years$13,109$7,612$4,226$2,268$1,188$99
47 years$12,685$7,264$3,971$2,095$1,079$84
48 years$12,280$6,935$3,731$1,936$980$72
49 years$11,892$6,622$3,507$1,789$890$61
50 years$11,521$6,326$3,297$1,654$808$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $11,800,000, adding $5,002 every year, while hoping to spend $43,050 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: 38/49/13 Blend
49$11,800,000$11,800,000$11,800,000$11,800,000
50$13,008,760$12,383,360$12,200,460$13,451,565
51$14,289,848$12,944,339$12,563,370$14,328,563
52$15,700,165$13,531,364$12,936,995$15,271,179
53$17,252,846$14,145,665$13,321,649$16,288,916
54$18,962,365$14,788,531$13,717,653$17,388,543
55$20,844,671$15,461,315$14,125,339$18,577,476
56$22,917,340$16,165,431$14,545,050$19,863,849
57$25,199,735$16,902,364$14,977,136$21,256,582
58$27,713,197$17,673,669$15,421,959$22,765,458
59$30,481,240$18,480,975$15,879,891$24,401,213
60$33,529,773$19,325,990$16,351,314$26,175,625
61$36,887,350$20,210,503$16,836,623$28,101,624
62$40,585,432$21,136,390$17,336,222$30,193,404
63$44,658,688$22,105,616$17,850,529$32,466,549
64$49,145,324$23,120,240$18,379,971$34,938,173
65$54,087,437$24,182,422$18,924,990$37,627,075
66$59,531,418$25,294,423$19,486,039$40,553,906
67$65,528,388$26,458,615$20,063,587$43,741,354
68$72,134,679$27,677,483$20,658,112$47,214,351
69$79,412,367$28,953,630$21,270,110$51,000,297
70$87,429,857$30,289,787$21,900,087$55,129,309
71$96,262,531$31,688,814$22,548,568$59,634,495
72$105,993,454$33,153,712$23,216,091$64,552,253
73$116,714,164$34,687,621$23,903,207$69,922,606
74$128,525,532$36,293,838$24,610,488$75,789,564
75$141,538,715$37,975,815$25,338,518$82,201,530
76$155,876,205$39,737,171$26,087,900$89,211,739
77$171,672,986$41,581,701$26,859,253$96,878,751
78$189,077,808$43,513,381$27,653,215$105,266,987
79$208,254,588$45,536,380$28,470,441$114,447,319
80$229,383,960$47,655,067$29,311,605$124,497,727
81$252,664,983$49,874,024$30,177,402$135,504,016
82$278,317,011$52,198,051$31,068,545$147,560,607
83$306,581,772$54,632,181$31,985,767$160,771,413
84$337,725,646$57,181,692$32,929,824$175,250,795
85$372,042,180$59,852,113$33,901,491$191,124,628
86$409,854,859$62,649,243$34,901,568$208,531,462
87$451,520,159$65,579,160$35,930,875$227,623,809
88$497,430,913$68,648,237$36,990,257$248,569,561
89$548,020,018$71,863,152$38,080,583$271,553,550
90$603,764,523$75,230,910$39,202,746$296,779,263
91$665,190,132$78,758,852$40,357,665$324,470,742
92$732,876,164$82,454,674$41,546,285$354,874,666
93$807,461,025$86,326,446$42,769,578$388,262,653
94$889,648,234$90,382,626$44,028,543$424,933,790
95$980,213,063$94,632,084$45,324,208$465,217,429
96$1,080,009,857$99,084,118$46,657,631$509,476,255
97$1,189,980,098$103,748,475$48,029,898$558,109,682
98$1,311,161,295$108,635,378$49,442,126$611,557,580
99$1,444,696,776$113,755,540$50,895,466$670,304,392
100$1,591,846,482$119,120,196$52,391,099$734,883,665