Can I retire at age 50 with 11,900,000?

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$982,691$973,938$965,398$957,062$948,923$910,913
2 years$486,481$477,420$468,640$460,126$451,868$414,052
3 years$321,099$311,999$303,241$294,807$286,684$250,251
4 years$238,424$229,353$220,682$212,392$204,465$169,693
5 years$188,832$179,815$171,258$163,137$155,431$122,408
6 years$155,782$146,833$138,402$130,462$122,987$91,734
7 years$132,184$123,310$115,013$107,260$100,022$70,526
8 years$114,493$105,699$97,540$89,978$82,978$55,210
9 years$100,741$92,030$84,011$76,641$69,879$43,796
10 years$89,746$81,120$73,243$66,065$59,541$35,091
11 years$80,756$72,217$64,482$57,497$51,207$28,333
12 years$73,269$64,818$57,226$50,432$44,375$23,014
13 years$66,939$58,576$51,128$44,524$38,696$18,783
14 years$61,518$53,244$45,938$39,524$33,920$15,388
15 years$56,825$48,640$41,476$35,248$29,866$12,645
16 years$52,721$44,626$37,604$31,561$26,396$10,417
17 years$49,105$41,099$34,218$28,357$23,404$8,599
18 years$45,894$37,977$31,237$25,556$20,810$7,110
19 years$43,024$35,197$28,596$23,092$18,548$5,887
20 years$40,444$32,707$26,244$20,914$16,568$4,879
21 years$38,113$30,465$24,139$18,981$14,826$4,048
22 years$35,997$28,438$22,248$17,258$13,290$3,361
23 years$34,068$26,597$20,542$15,717$11,930$2,792
24 years$32,302$24,920$18,998$14,335$10,723$2,321
25 years$30,680$23,386$17,596$13,091$9,649$1,930
26 years$29,185$21,979$16,319$11,970$8,691$1,605
27 years$27,803$20,685$15,154$10,957$7,836$1,336
28 years$26,523$19,491$14,088$10,039$7,070$1,112
29 years$25,332$18,388$13,110$9,206$6,384$926
30 years$24,223$17,365$12,211$8,448$5,769$771
31 years$23,188$16,416$11,384$7,759$5,215$642
32 years$22,219$15,533$10,622$7,131$4,718$535
33 years$21,311$14,710$9,917$6,557$4,270$445
34 years$20,458$13,942$9,266$6,033$3,866$371
35 years$19,656$13,223$8,663$5,554$3,501$309
36 years$18,900$12,551$8,104$5,115$3,172$257
37 years$18,186$11,921$7,586$4,713$2,875$214
38 years$17,512$11,329$7,104$4,344$2,607$179
39 years$16,874$10,773$6,655$4,005$2,364$149
40 years$16,269$10,249$6,238$3,694$2,144$124
41 years$15,695$9,756$5,849$3,409$1,945$103
42 years$15,150$9,292$5,487$3,146$1,765$86
43 years$14,632$8,853$5,149$2,904$1,602$72
44 years$14,139$8,439$4,833$2,681$1,454$60
45 years$13,669$8,047$4,538$2,476$1,320$50
46 years$13,221$7,677$4,262$2,287$1,198$42
47 years$12,793$7,326$4,004$2,113$1,088$35
48 years$12,384$6,994$3,763$1,953$988$29
49 years$11,993$6,678$3,537$1,805$898$24
50 years$11,619$6,379$3,325$1,668$815$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $11,900,000, adding $2,975 every year, while hoping to spend $53,754 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: 60/17/23 Blend
49$11,900,000$11,900,000$11,900,000$11,900,000
50$13,116,869$12,486,169$12,301,719$13,823,475
51$14,397,595$13,040,797$12,656,632$14,858,218
52$15,807,155$13,620,801$13,021,634$15,980,552
53$17,358,631$14,227,366$13,397,005$17,203,928
54$19,066,440$14,861,736$13,783,034$18,538,168
55$20,946,469$15,525,214$14,180,018$19,994,079
56$23,016,222$16,219,161$14,588,261$21,583,550
57$25,294,985$16,945,009$15,008,076$23,319,663
58$27,804,012$17,704,253$15,439,785$25,216,815
59$30,566,721$18,498,462$15,883,718$27,290,847
60$33,608,918$19,329,277$16,340,214$29,559,197
61$36,959,037$20,198,422$16,809,621$32,041,055
62$40,648,412$21,107,697$17,292,296$34,757,544
63$44,711,569$22,058,993$17,788,607$37,731,919
64$49,186,554$23,054,288$18,298,930$40,989,778
65$54,115,291$24,095,657$18,823,652$44,559,304
66$59,543,978$25,185,272$19,363,172$48,471,524
67$65,523,522$26,325,409$19,917,897$52,760,602
68$72,110,021$27,518,453$20,488,246$57,464,154
69$79,365,290$28,766,904$21,074,649$62,623,601
70$87,357,448$30,073,381$21,677,549$68,284,555
71$96,161,559$31,440,628$22,297,398$74,497,246
72$105,860,338$32,871,520$22,934,661$81,316,990
73$116,544,938$34,369,069$23,589,818$88,804,706
74$128,315,803$35,936,435$24,263,358$97,027,490
75$141,283,619$37,576,924$24,955,784$106,059,235
76$155,570,360$39,294,006$25,667,615$115,981,334
77$171,310,437$41,091,312$26,399,380$126,883,433
78$188,651,966$42,972,651$27,151,624$138,864,275
79$207,758,170$44,942,013$27,924,906$152,032,628
80$228,808,912$47,003,581$28,719,800$166,508,300
81$252,002,402$49,161,737$29,536,894$182,423,268
82$277,557,059$51,421,075$30,376,792$199,922,916
83$305,713,579$53,786,408$31,240,115$219,167,398
84$336,737,205$56,262,782$32,127,499$240,333,141
85$370,920,226$58,855,485$33,039,596$263,614,509
86$408,584,744$61,570,058$33,977,078$289,225,622
87$450,085,708$64,412,312$34,940,631$317,402,372
88$495,814,269$67,388,333$35,930,960$348,404,641
89$546,201,467$70,504,504$36,948,790$382,518,745
90$601,722,304$73,767,513$37,994,862$420,060,124
91$662,900,229$77,184,370$39,069,939$461,376,313
92$730,312,072$80,762,424$40,174,802$506,850,211
93$804,593,498$84,509,377$41,310,252$556,903,682
94$886,445,001$88,433,304$42,477,112$612,001,530
95$976,638,522$92,542,666$43,676,226$672,655,872
96$1,076,024,729$96,846,335$44,908,458$739,430,958
97$1,185,541,056$101,353,609$46,174,695$812,948,488
98$1,306,220,545$106,074,237$47,475,849$893,893,466
99$1,439,201,602$111,018,437$48,812,851$983,020,650
100$1,585,738,743$116,196,918$50,186,660$1,081,161,665