Can I retire at age 50 with 12,100,000?

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 $12,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$999,207$990,306$981,623$973,147$964,871$944,232
2 years$494,657$485,444$476,516$467,859$459,462$438,769
3 years$326,495$317,243$308,337$299,762$291,502$271,401
4 years$242,431$233,207$224,391$215,962$207,902$188,547
5 years$192,006$182,837$174,136$165,879$158,043$139,491
6 years$158,400$149,300$140,728$132,655$125,054$107,323
7 years$134,405$125,382$116,946$109,063$101,703$84,796
8 years$116,417$107,476$99,179$91,490$84,372$68,284
9 years$102,434$93,577$85,423$77,929$71,054$55,774
10 years$91,254$82,484$74,474$67,176$60,541$46,053
11 years$82,113$73,430$65,565$58,463$52,067$38,353
12 years$74,500$65,907$58,188$51,280$45,121$32,159
13 years$68,064$59,561$51,987$45,273$39,346$27,114
14 years$62,552$54,139$46,710$40,188$34,490$22,964
15 years$57,780$49,457$42,173$35,841$30,368$19,522
16 years$53,608$45,376$38,236$32,091$26,839$16,647
17 years$49,930$41,789$34,793$28,834$23,798$14,233
18 years$46,665$38,615$31,762$25,985$21,160$12,195
19 years$43,747$35,788$29,077$23,480$18,860$10,469
20 years$41,124$33,256$26,685$21,265$16,846$9,001
21 years$38,754$30,977$24,545$19,300$15,076$7,749
22 years$36,602$28,916$22,622$17,548$13,513$6,679
23 years$34,641$27,044$20,887$15,981$12,130$5,763
24 years$32,845$25,339$19,317$14,576$10,903$4,976
25 years$31,196$23,779$17,892$13,311$9,811$4,300
26 years$29,676$22,349$16,594$12,171$8,837$3,718
27 years$28,271$21,033$15,409$11,141$7,968$3,216
28 years$26,968$19,819$14,324$10,207$7,189$2,784
29 years$25,758$18,697$13,330$9,360$6,492$2,410
30 years$24,630$17,657$12,416$8,590$5,866$2,087
31 years$23,578$16,692$11,576$7,890$5,303$1,809
32 years$22,593$15,794$10,800$7,251$4,797$1,567
33 years$21,669$14,957$10,084$6,668$4,341$1,359
34 years$20,802$14,176$9,422$6,135$3,931$1,178
35 years$19,986$13,446$8,809$5,647$3,560$1,021
36 years$19,218$12,762$8,241$5,201$3,226$886
37 years$18,492$12,121$7,713$4,792$2,924$768
38 years$17,806$11,519$7,223$4,417$2,650$666
39 years$17,158$10,954$6,767$4,073$2,403$578
40 years$16,543$10,421$6,343$3,757$2,180$502
41 years$15,959$9,920$5,948$3,466$1,978$435
42 years$15,405$9,448$5,579$3,199$1,795$378
43 years$14,878$9,002$5,235$2,953$1,629$328
44 years$14,377$8,581$4,914$2,726$1,478$284
45 years$13,899$8,182$4,614$2,518$1,342$247
46 years$13,443$7,806$4,334$2,326$1,219$214
47 years$13,008$7,449$4,071$2,149$1,107$186
48 years$12,592$7,111$3,826$1,985$1,005$161
49 years$12,194$6,791$3,596$1,835$913$140
50 years$11,814$6,487$3,381$1,696$829$122

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $12,100,000, adding $4,353 every year, while hoping to spend $45,825 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: 35/44/21 Blend
49$12,100,000$12,100,000$12,100,000$12,100,000
50$13,338,690$12,697,390$12,509,840$13,720,125
51$14,650,479$13,270,805$12,880,162$14,574,543
52$16,094,535$13,870,781$13,261,354$15,491,271
53$17,684,300$14,498,572$13,653,732$16,479,468
54$19,434,586$15,155,490$14,057,621$17,545,524
55$21,361,717$15,842,912$14,473,354$18,696,442
56$23,483,676$16,562,278$14,901,275$19,939,898
57$25,820,282$17,315,100$15,341,738$21,284,311
58$28,393,371$18,102,961$15,795,107$22,738,912
59$31,227,007$18,927,518$16,261,755$24,313,830
60$34,347,706$19,790,511$16,742,068$26,020,177
61$37,784,685$20,693,759$17,236,441$27,870,150
62$41,570,142$21,639,172$17,745,281$29,877,137
63$45,739,555$22,628,751$18,269,007$32,055,835
64$50,332,021$23,664,590$18,808,049$34,422,385
65$55,390,619$24,748,887$19,362,850$36,994,514
66$60,962,823$25,883,944$19,933,867$39,791,693
67$67,100,947$27,072,172$20,521,567$42,835,314
68$73,862,636$28,316,102$21,126,432$46,148,885
69$81,311,415$29,618,381$21,748,959$49,758,237
70$89,517,286$30,981,789$22,389,655$53,691,762
71$98,557,387$32,409,234$23,049,047$57,980,669
72$108,516,723$33,903,769$23,727,672$62,659,272
73$119,488,965$35,468,590$24,426,085$67,765,294
74$131,577,337$37,107,048$25,144,857$73,340,220
75$144,895,589$38,822,657$25,884,573$79,429,671
76$159,569,069$40,619,097$26,645,836$86,083,827
77$175,735,910$42,500,229$27,429,267$93,357,878
78$193,548,328$44,470,095$28,235,503$101,312,542
79$213,174,065$46,532,937$29,065,199$110,014,615
80$234,797,966$48,693,198$29,919,031$119,537,591
81$258,623,731$50,955,536$30,797,690$129,962,336
82$284,875,828$53,324,835$31,701,890$141,377,837
83$313,801,623$55,806,212$32,632,364$153,882,024
84$345,673,706$58,405,034$33,589,865$167,582,676
85$380,792,467$61,126,923$34,575,168$182,598,417
86$419,488,933$63,977,777$35,589,071$199,059,820
87$462,127,891$66,963,775$36,632,391$217,110,613
88$509,111,332$70,091,396$37,705,972$236,909,017
89$560,882,245$73,367,432$38,810,680$258,629,217
90$617,928,800$76,799,002$39,947,404$282,462,979
91$680,788,956$80,393,572$41,117,060$308,621,438
92$750,055,538$84,158,965$42,320,590$337,337,062
93$826,381,833$88,103,385$43,558,960$368,865,823
94$910,487,761$92,235,431$44,833,166$403,489,577
95$1,003,166,664$96,564,119$46,144,229$441,518,701
96$1,105,292,805$101,098,901$47,493,201$483,294,988
97$1,217,829,610$105,849,687$48,881,163$529,194,841
98$1,341,838,773$110,826,865$50,309,225$579,632,792
99$1,478,490,273$116,041,326$51,778,529$635,065,377
100$1,629,073,421$121,504,491$53,290,249$695,995,409