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

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$982,691$973,938$965,398$957,062$948,923$911,633
2 years$486,481$477,420$468,640$460,126$451,868$414,756
3 years$321,099$311,999$303,241$294,807$286,684$250,917
4 years$238,424$229,353$220,682$212,392$204,465$170,317
5 years$188,832$179,815$171,258$163,137$155,431$122,988
6 years$155,782$146,833$138,402$130,462$122,987$92,270
7 years$132,184$123,310$115,013$107,260$100,022$71,020
8 years$114,493$105,699$97,540$89,978$82,978$55,662
9 years$100,741$92,030$84,011$76,641$69,879$44,210
10 years$89,746$81,120$73,243$66,065$59,541$35,467
11 years$80,756$72,217$64,482$57,497$51,207$28,674
12 years$73,269$64,818$57,226$50,432$44,375$23,323
13 years$66,939$58,576$51,128$44,524$38,696$19,061
14 years$61,518$53,244$45,938$39,524$33,920$15,638
15 years$56,825$48,640$41,476$35,248$29,866$12,869
16 years$52,721$44,626$37,604$31,561$26,396$10,617
17 years$49,105$41,099$34,218$28,357$23,404$8,777
18 years$45,894$37,977$31,237$25,556$20,810$7,268
19 years$43,024$35,197$28,596$23,092$18,548$6,027
20 years$40,444$32,707$26,244$20,914$16,568$5,003
21 years$38,113$30,465$24,139$18,981$14,826$4,157
22 years$35,997$28,438$22,248$17,258$13,290$3,457
23 years$34,068$26,597$20,542$15,717$11,930$2,876
24 years$32,302$24,920$18,998$14,335$10,723$2,395
25 years$30,680$23,386$17,596$13,091$9,649$1,995
26 years$29,185$21,979$16,319$11,970$8,691$1,662
27 years$27,803$20,685$15,154$10,957$7,836$1,385
28 years$26,523$19,491$14,088$10,039$7,070$1,155
29 years$25,332$18,388$13,110$9,206$6,384$963
30 years$24,223$17,365$12,211$8,448$5,769$803
31 years$23,188$16,416$11,384$7,759$5,215$670
32 years$22,219$15,533$10,622$7,131$4,718$559
33 years$21,311$14,710$9,917$6,557$4,270$466
34 years$20,458$13,942$9,266$6,033$3,866$389
35 years$19,656$13,223$8,663$5,554$3,501$325
36 years$18,900$12,551$8,104$5,115$3,172$271
37 years$18,186$11,921$7,586$4,713$2,875$226
38 years$17,512$11,329$7,104$4,344$2,607$189
39 years$16,874$10,773$6,655$4,005$2,364$157
40 years$16,269$10,249$6,238$3,694$2,144$131
41 years$15,695$9,756$5,849$3,409$1,945$110
42 years$15,150$9,292$5,487$3,146$1,765$92
43 years$14,632$8,853$5,149$2,904$1,602$76
44 years$14,139$8,439$4,833$2,681$1,454$64
45 years$13,669$8,047$4,538$2,476$1,320$53
46 years$13,221$7,677$4,262$2,287$1,198$44
47 years$12,793$7,326$4,004$2,113$1,088$37
48 years$12,384$6,994$3,763$1,953$988$31
49 years$11,993$6,678$3,537$1,805$898$26
50 years$11,619$6,379$3,325$1,668$815$22

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 $6,426 every year, while hoping to spend $28,712 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: 58/28/14 Blend
49$11,900,000$11,900,000$11,900,000$11,900,000
50$13,120,428$12,489,728$12,305,278$13,834,473
51$14,428,163$13,071,176$12,686,956$14,899,216
52$15,868,324$13,680,152$13,080,457$16,055,588
53$17,454,388$14,317,975$13,486,148$17,315,455
54$19,201,208$14,986,028$13,904,406$18,688,769
55$21,125,147$15,685,759$14,335,619$20,186,473
56$23,244,238$16,418,687$14,780,189$21,820,597
57$25,578,353$17,186,405$15,238,528$23,604,368
58$28,149,389$17,990,583$15,711,062$25,552,335
59$30,981,474$18,832,969$16,198,231$27,680,498
60$34,101,199$19,715,399$16,700,486$30,006,455
61$37,537,864$20,639,796$17,218,294$32,549,568
62$41,323,756$21,608,176$17,752,137$35,331,135
63$45,494,456$22,622,653$18,302,511$38,374,590
64$50,089,170$23,685,444$18,869,925$41,705,719
65$55,151,106$24,798,871$19,454,908$45,352,894
66$60,727,874$25,965,370$20,058,002$49,347,342
67$66,871,939$27,187,496$20,679,768$53,723,428
68$73,641,119$28,467,925$21,320,782$58,518,975
69$81,099,125$29,809,465$21,981,639$63,775,617
70$89,316,165$31,215,058$22,662,954$69,539,182
71$98,369,609$32,687,791$23,365,358$75,860,117
72$108,344,714$34,230,899$24,089,503$82,793,963
73$119,335,435$35,847,773$24,836,061$90,401,863
74$131,445,306$37,541,970$25,605,726$98,751,137
75$144,788,419$39,317,218$26,399,210$107,915,909
76$159,490,504$41,177,429$27,217,250$117,977,794
77$175,690,113$43,126,700$28,060,605$129,026,663
78$193,539,926$45,169,330$28,930,057$141,161,479
79$213,208,197$47,309,825$29,826,412$154,491,224
80$234,880,338$49,552,912$30,750,502$169,135,914
81$258,760,673$51,903,544$31,703,184$185,227,723
82$285,074,361$54,366,918$32,685,340$202,912,219
83$314,069,529$56,948,480$33,697,882$222,349,727
84$346,019,608$59,653,942$34,741,748$243,716,826
85$381,225,916$62,489,294$35,817,905$267,208,007
86$420,020,506$65,460,816$36,927,351$293,037,493
87$462,769,295$68,575,093$38,071,115$321,441,246
88$509,875,522$71,839,031$39,250,255$352,679,183
89$561,783,552$75,259,870$40,465,866$387,037,611
90$618,983,073$78,845,203$41,719,072$424,831,910
91$682,013,721$82,602,992$43,011,034$466,409,501
92$751,470,167$86,541,585$44,342,951$512,153,099
93$828,007,739$90,669,738$45,716,054$562,484,315
94$912,348,602$94,996,629$47,131,617$617,867,609
95$1,005,288,583$99,531,887$48,590,949$678,814,656
96$1,107,704,674$104,285,606$50,095,402$745,889,159
97$1,220,563,322$109,268,371$51,646,368$819,712,141
98$1,344,929,544$114,491,284$53,245,285$900,967,788
99$1,481,976,987$119,965,987$54,893,631$990,409,881
100$1,632,999,004$125,704,685$56,592,933$1,088,868,887