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

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 $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%19.6%
1 years$999,207$990,306$981,623$973,147$964,871$927,688
2 years$494,657$485,444$476,516$467,859$459,462$422,444
3 years$326,495$317,243$308,337$299,762$291,502$255,814
4 years$242,431$233,207$224,391$215,962$207,902$173,816
5 years$192,006$182,837$174,136$165,879$158,043$125,647
6 years$158,400$149,300$140,728$132,655$125,054$94,369
7 years$134,405$125,382$116,946$109,063$101,703$72,719
8 years$116,417$107,476$99,179$91,490$84,372$57,062
9 years$102,434$93,577$85,423$77,929$71,054$45,377
10 years$91,254$82,484$74,474$67,176$60,541$36,450
11 years$82,113$73,430$65,565$58,463$52,067$29,507
12 years$74,500$65,907$58,188$51,280$45,121$24,032
13 years$68,064$59,561$51,987$45,273$39,346$19,668
14 years$62,552$54,139$46,710$40,188$34,490$16,158
15 years$57,780$49,457$42,173$35,841$30,368$13,316
16 years$53,608$45,376$38,236$32,091$26,839$11,002
17 years$49,930$41,789$34,793$28,834$23,798$9,109
18 years$46,665$38,615$31,762$25,985$21,160$7,554
19 years$43,747$35,788$29,077$23,480$18,860$6,273
20 years$41,124$33,256$26,685$21,265$16,846$5,216
21 years$38,754$30,977$24,545$19,300$15,076$4,341
22 years$36,602$28,916$22,622$17,548$13,513$3,615
23 years$34,641$27,044$20,887$15,981$12,130$3,013
24 years$32,845$25,339$19,317$14,576$10,903$2,512
25 years$31,196$23,779$17,892$13,311$9,811$2,096
26 years$29,676$22,349$16,594$12,171$8,837$1,749
27 years$28,271$21,033$15,409$11,141$7,968$1,460
28 years$26,968$19,819$14,324$10,207$7,189$1,219
29 years$25,758$18,697$13,330$9,360$6,492$1,018
30 years$24,630$17,657$12,416$8,590$5,866$851
31 years$23,578$16,692$11,576$7,890$5,303$711
32 years$22,593$15,794$10,800$7,251$4,797$594
33 years$21,669$14,957$10,084$6,668$4,341$496
34 years$20,802$14,176$9,422$6,135$3,931$415
35 years$19,986$13,446$8,809$5,647$3,560$347
36 years$19,218$12,762$8,241$5,201$3,226$290
37 years$18,492$12,121$7,713$4,792$2,924$242
38 years$17,806$11,519$7,223$4,417$2,650$202
39 years$17,158$10,954$6,767$4,073$2,403$169
40 years$16,543$10,421$6,343$3,757$2,180$141
41 years$15,959$9,920$5,948$3,466$1,978$118
42 years$15,405$9,448$5,579$3,199$1,795$99
43 years$14,878$9,002$5,235$2,953$1,629$83
44 years$14,377$8,581$4,914$2,726$1,478$69
45 years$13,899$8,182$4,614$2,518$1,342$58
46 years$13,443$7,806$4,334$2,326$1,219$48
47 years$13,008$7,449$4,071$2,149$1,107$40
48 years$12,592$7,111$3,826$1,985$1,005$34
49 years$12,194$6,791$3,596$1,835$913$28
50 years$11,814$6,487$3,381$1,696$829$24

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 $5,282 every year, while hoping to spend $30,269 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: 78/6/16 Blend
49$12,100,000$12,100,000$12,100,000$12,100,000
50$13,339,648$12,698,348$12,510,798$14,333,769
51$14,668,087$13,288,361$12,897,704$15,580,064
52$16,131,011$13,906,271$13,296,557$16,942,470
53$17,742,107$14,553,411$13,707,725$18,436,117
54$19,516,456$15,231,182$14,131,587$20,074,120
55$21,470,674$15,941,050$14,568,535$21,870,919
56$23,623,075$16,684,553$15,018,973$23,842,418
57$25,993,836$17,463,304$15,483,316$26,006,131
58$28,605,192$18,278,991$15,961,992$28,381,349
59$31,481,646$19,133,386$16,455,443$30,989,318
60$34,650,199$20,028,346$16,964,125$33,853,438
61$38,140,603$20,965,819$17,488,507$36,999,483
62$41,985,644$21,947,844$18,029,072$40,455,845
63$46,221,453$22,976,561$18,586,319$44,253,796
64$50,887,842$24,054,214$19,160,762$48,427,784
65$56,028,685$25,183,153$19,752,930$53,015,757
66$61,692,328$26,365,844$20,363,370$58,059,516
67$67,932,047$27,604,872$20,992,644$63,605,112
68$74,806,550$28,902,946$21,641,333$69,703,275
69$82,380,535$30,262,907$22,310,034$76,409,892
70$90,725,293$31,687,732$22,999,364$83,786,534
71$99,919,387$33,180,546$23,709,957$91,901,032
72$110,049,393$34,744,621$24,442,469$100,828,116
73$121,210,713$36,383,390$25,197,574$110,650,120
74$133,508,481$38,100,451$25,975,968$121,457,753
75$147,058,551$39,899,578$26,778,367$133,350,955
76$161,988,593$41,784,727$27,605,512$146,439,837
77$178,439,296$43,760,045$28,458,163$160,845,718
78$196,565,698$45,829,881$29,337,106$176,702,266
79$216,538,650$47,998,796$30,243,150$194,156,757
80$238,546,426$50,271,570$31,177,128$213,371,464
81$262,796,500$52,653,216$32,139,901$234,525,182
82$289,517,510$55,148,991$33,132,355$257,814,915
83$318,961,410$57,764,405$34,155,402$283,457,732
84$351,405,850$60,505,238$35,209,985$311,692,810
85$387,156,800$63,377,548$36,297,073$342,783,689
86$426,551,435$66,387,689$37,417,666$377,020,757
87$469,961,319$69,542,323$38,572,796$414,723,985
88$517,795,913$72,848,436$39,763,524$456,245,946
89$570,506,440$76,313,353$40,990,945$501,975,136
90$628,590,143$79,944,754$42,256,188$552,339,634
91$692,594,984$83,750,693$43,560,417$607,811,147
92$763,124,810$87,739,615$44,904,829$668,909,448
93$840,845,061$91,920,376$46,290,661$736,207,283
94$926,489,046$96,302,263$47,719,186$810,335,771
95$1,020,864,867$100,895,012$49,191,717$891,990,355
96$1,124,863,050$105,708,835$50,709,607$981,937,363
97$1,239,464,953$110,754,440$52,274,250$1,081,021,234
98$1,365,752,025$116,043,054$53,887,084$1,190,172,484
99$1,504,916,019$121,586,452$55,549,590$1,310,416,484
100$1,658,270,246$127,396,981$57,263,294$1,442,883,131