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%19%
1 years$974,433$965,753$957,285$949,019$940,949$906,842
2 years$482,393$473,408$464,701$456,259$448,071$414,083
3 years$318,401$309,378$300,693$292,330$284,274$251,474
4 years$236,421$227,425$218,827$210,607$202,747$171,385
5 years$187,245$178,304$169,819$161,766$154,125$124,283
6 years$154,473$145,599$137,239$129,366$121,954$93,653
7 years$131,073$122,274$114,046$106,359$99,181$72,416
8 years$113,531$104,811$96,720$89,222$82,280$57,027
9 years$99,894$91,257$83,305$75,997$69,292$45,516
10 years$88,992$80,438$72,627$65,510$59,040$36,701
11 years$80,077$71,610$63,940$57,014$50,777$29,827
12 years$72,653$64,273$56,745$50,009$44,002$24,390
13 years$66,377$58,084$50,698$44,150$38,370$20,043
14 years$61,001$52,797$45,552$39,192$33,635$16,536
15 years$56,347$48,231$41,128$34,952$29,615$13,686
16 years$52,278$44,251$37,288$31,296$26,174$11,357
17 years$48,692$40,753$33,931$28,119$23,208$9,444
18 years$45,508$37,658$30,974$25,341$20,635$7,867
19 years$42,662$34,901$28,356$22,898$18,393$6,563
20 years$40,104$32,432$26,023$20,738$16,429$5,482
21 years$37,793$30,209$23,936$18,821$14,702$4,584
22 years$35,695$28,199$22,061$17,113$13,178$3,835
23 years$33,782$26,374$20,370$15,585$11,829$3,212
24 years$32,031$24,711$18,838$14,214$10,633$2,691
25 years$30,422$23,190$17,448$12,981$9,568$2,256
26 years$28,940$21,795$16,182$11,870$8,618$1,891
27 years$27,570$20,511$15,027$10,864$7,770$1,587
28 years$26,300$19,328$13,969$9,954$7,011$1,331
29 years$25,119$18,233$13,000$9,128$6,331$1,117
30 years$24,020$17,219$12,109$8,377$5,720$938
31 years$22,993$16,278$11,289$7,694$5,172$788
32 years$22,033$15,402$10,532$7,071$4,678$661
33 years$21,132$14,586$9,834$6,502$4,234$555
34 years$20,286$13,825$9,188$5,983$3,833$467
35 years$19,491$13,112$8,591$5,507$3,472$392
36 years$18,741$12,446$8,036$5,072$3,146$329
37 years$18,034$11,820$7,522$4,673$2,851$277
38 years$17,365$11,234$7,044$4,308$2,585$232
39 years$16,732$10,682$6,599$3,972$2,344$195
40 years$16,132$10,163$6,186$3,663$2,126$164
41 years$15,564$9,674$5,800$3,380$1,929$138
42 years$15,023$9,213$5,441$3,119$1,750$116
43 years$14,509$8,779$5,105$2,879$1,588$97
44 years$14,020$8,368$4,792$2,659$1,442$82
45 years$13,554$7,979$4,500$2,455$1,309$69
46 years$13,109$7,612$4,226$2,268$1,188$58
47 years$12,685$7,264$3,971$2,095$1,079$48
48 years$12,280$6,935$3,731$1,936$980$41
49 years$11,892$6,622$3,507$1,789$890$34
50 years$11,521$6,326$3,297$1,654$808$29

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 $5,916 every year, while hoping to spend $58,365 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: 70/25/5 Blend
49$11,800,000$11,800,000$11,800,000$11,800,000
50$13,009,702$12,384,302$12,201,402$13,913,454
51$14,274,592$12,929,033$12,548,049$15,055,778
52$15,666,544$13,498,500$12,904,353$16,297,452
53$17,198,458$14,093,853$13,270,575$17,654,398
54$18,884,546$14,716,296$13,646,984$19,137,910
55$20,740,467$15,367,093$14,033,856$20,760,415
56$22,783,478$16,047,564$14,431,474$22,535,583
57$25,032,592$16,759,093$14,840,127$24,478,460
58$27,508,760$17,503,132$15,260,114$26,605,604
59$30,235,066$18,281,198$15,691,741$28,935,235
60$33,236,948$19,094,882$16,135,320$31,487,412
61$36,542,436$19,945,851$16,591,172$34,284,209
62$40,182,417$20,835,850$17,059,629$37,349,927
63$44,190,924$21,766,707$17,541,027$40,711,318
64$48,605,461$22,740,338$18,035,714$44,397,832
65$53,467,353$23,758,750$18,544,045$48,441,891
66$58,822,138$24,824,044$19,066,386$52,879,196
67$64,719,996$25,938,422$19,603,110$57,749,050
68$71,216,223$27,104,192$20,154,602$63,094,735
69$78,371,751$28,323,771$20,721,254$68,963,909
70$86,253,725$29,599,690$21,303,471$75,409,050
71$94,936,133$30,934,603$21,901,665$82,487,954
72$104,500,509$32,331,290$22,516,262$90,264,264
73$115,036,700$33,792,662$23,147,696$98,808,076
74$126,643,713$35,321,771$23,796,412$108,196,587
75$139,430,648$36,921,815$24,462,869$118,514,820
76$153,517,733$38,596,143$25,147,534$129,856,422
77$169,037,454$40,348,265$25,850,888$142,324,537
78$186,135,804$42,181,860$26,573,423$156,032,775
79$204,973,667$44,100,783$27,315,644$171,106,280
80$225,728,330$46,109,070$28,078,067$187,682,897
81$248,595,161$48,210,956$28,861,224$205,914,469
82$273,789,448$50,410,873$29,665,655$225,968,263
83$301,548,437$52,713,471$30,491,919$248,028,537
84$332,133,565$55,123,618$31,340,586$272,298,271
85$365,832,932$57,646,419$32,212,239$299,001,074
86$402,964,020$60,287,222$33,107,478$328,383,287
87$443,876,686$63,051,633$34,026,915$360,716,290
88$488,956,471$65,945,525$34,971,179$396,299,064
89$538,628,230$68,975,056$35,940,914$435,460,991
90$593,360,153$72,146,676$36,936,777$478,564,957
91$653,668,174$75,467,150$37,959,445$526,010,765
92$720,120,851$78,943,563$39,009,609$578,238,893
93$793,344,724$82,583,343$40,087,977$635,734,641
94$874,030,235$86,394,277$41,195,274$699,032,695
95$962,938,246$90,384,523$42,332,243$768,722,163
96$1,060,907,217$94,562,635$43,499,643$845,452,116
97$1,168,861,125$98,937,576$44,698,253$929,937,701
98$1,287,818,185$103,518,742$45,928,869$1,022,966,875
99$1,418,900,461$108,315,982$47,192,308$1,125,407,824
100$1,563,344,462$113,339,619$48,489,404$1,238,217,142