Can I retire at age 50 with 12,600,000?

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 $12,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$969,093
2 years$515,097$505,504$496,207$487,192$478,448$442,913
3 years$339,987$330,352$321,079$312,149$303,547$269,241
4 years$252,449$242,844$233,663$224,886$216,493$183,679
5 years$199,940$190,393$181,332$172,734$164,574$133,339
6 years$164,946$155,470$146,543$138,137$130,222$100,588
7 years$139,959$130,563$121,778$113,570$105,905$77,867
8 years$121,228$111,917$103,277$95,271$87,859$61,392
9 years$106,667$97,444$88,953$81,150$73,990$49,061
10 years$95,025$85,892$77,551$69,952$63,043$39,609
11 years$85,506$76,465$68,275$60,879$54,219$32,232
12 years$77,579$68,630$60,592$53,399$46,985$26,392
13 years$70,877$62,022$54,135$47,143$40,972$21,718
14 years$65,137$56,376$48,641$41,849$35,916$17,943
15 years$60,167$51,501$43,916$37,322$31,623$14,871
16 years$55,823$47,251$39,816$33,417$27,949$12,358
17 years$51,993$43,516$36,231$30,025$24,781$10,292
18 years$48,593$40,211$33,074$27,059$22,034$8,587
19 years$45,555$37,267$30,278$24,450$19,640$7,174
20 years$42,823$34,630$27,788$22,144$17,542$6,002
21 years$40,355$32,257$25,559$20,097$15,698$5,026
22 years$38,115$30,111$23,557$18,273$14,071$4,212
23 years$36,072$28,162$21,751$16,642$12,631$3,533
24 years$34,202$26,386$20,116$15,178$11,353$2,964
25 years$32,485$24,762$18,631$13,862$10,216$2,489
26 years$30,902$23,272$17,279$12,674$9,202$2,091
27 years$29,439$21,902$16,045$11,601$8,297$1,756
28 years$28,083$20,638$14,916$10,629$7,486$1,476
29 years$26,822$19,470$13,881$9,747$6,760$1,241
30 years$25,648$18,387$12,930$8,945$6,108$1,044
31 years$24,552$17,382$12,054$8,216$5,522$878
32 years$23,526$16,447$11,246$7,550$4,995$738
33 years$22,565$15,575$10,501$6,943$4,521$621
34 years$21,662$14,762$9,811$6,388$4,093$522
35 years$20,812$14,001$9,173$5,881$3,707$440
36 years$20,012$13,289$8,581$5,416$3,359$370
37 years$19,256$12,622$8,032$4,990$3,044$311
38 years$18,542$11,995$7,521$4,600$2,760$262
39 years$17,867$11,406$7,047$4,241$2,503$220
40 years$17,226$10,852$6,605$3,912$2,270$185
41 years$16,619$10,330$6,193$3,609$2,060$156
42 years$16,042$9,838$5,810$3,331$1,869$131
43 years$15,493$9,374$5,451$3,075$1,696$111
44 years$14,971$8,935$5,117$2,839$1,540$93
45 years$14,473$8,520$4,805$2,622$1,398$78
46 years$13,998$8,128$4,513$2,422$1,269$66
47 years$13,545$7,757$4,240$2,237$1,152$55
48 years$13,112$7,405$3,984$2,068$1,046$47
49 years$12,698$7,071$3,745$1,911$950$39
50 years$12,302$6,755$3,521$1,766$863$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $12,600,000, adding $2,130 every year, while hoping to spend $34,296 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: 45/35/20 Blend
49$12,600,000$12,600,000$12,600,000$12,600,000
50$13,887,397$13,219,597$13,024,297$14,432,304
51$15,267,421$13,830,867$13,424,120$15,426,428
52$16,787,058$14,470,939$13,836,188$16,500,273
53$18,460,512$15,141,189$14,260,875$17,664,086
54$20,303,435$15,843,059$14,698,565$18,926,239
55$22,333,075$16,578,058$15,149,657$20,295,922
56$24,568,437$17,347,771$15,614,559$21,783,224
57$27,030,464$18,153,858$16,093,693$23,399,228
58$29,742,233$18,998,059$16,587,493$25,156,108
59$32,729,174$19,882,197$17,096,407$27,067,235
60$36,019,310$20,808,185$17,620,897$29,147,305
61$39,643,520$21,778,027$18,161,438$31,412,464
62$43,635,833$22,793,824$18,718,519$33,880,460
63$48,033,744$23,857,777$19,292,646$36,570,799
64$52,878,575$24,972,197$19,884,339$39,504,929
65$58,215,858$26,139,503$20,494,133$42,706,429
66$64,095,770$27,362,233$21,122,580$46,201,226
67$70,573,602$28,643,046$21,770,250$50,017,835
68$77,710,285$29,984,731$22,437,729$54,187,615
69$85,572,962$31,390,211$23,125,622$58,745,062
70$94,235,624$32,862,551$23,834,549$63,728,121
71$103,779,805$34,404,964$24,565,154$69,178,538
72$114,295,355$36,020,817$25,318,097$75,142,242
73$125,881,287$37,713,642$26,094,058$81,669,771
74$138,646,709$39,487,142$26,893,741$88,816,738
75$152,711,859$41,345,197$27,717,866$96,644,341
76$168,209,234$43,291,878$28,567,181$105,219,935
77$185,284,846$45,331,450$29,442,451$114,617,652
78$204,099,596$47,468,386$30,344,469$124,919,089
79$224,830,794$49,707,377$31,274,048$136,214,066
80$247,673,836$52,053,339$32,232,029$148,601,456
81$272,844,042$54,511,428$33,219,277$162,190,110
82$300,578,695$57,087,048$34,236,684$177,099,864
83$331,139,276$59,785,868$35,285,167$193,462,659
84$364,813,936$62,613,828$36,365,673$211,423,765
85$401,920,211$65,577,160$37,479,177$231,143,139
86$442,808,028$68,682,396$38,626,685$252,796,915
87$487,862,998$71,936,385$39,809,230$276,579,046
88$537,510,065$75,346,309$41,027,880$302,703,120
89$592,217,511$78,919,697$42,283,734$331,404,349
90$652,501,381$82,664,447$43,577,923$362,941,775
91$718,930,354$86,588,836$44,911,615$397,600,685
92$792,131,107$90,701,546$46,286,011$435,695,285
93$872,794,238$95,011,680$47,702,350$477,571,640
94$961,680,779$99,528,781$49,161,908$523,610,915
95$1,059,629,385$104,262,858$50,665,999$574,232,945
96$1,167,564,250$109,224,406$52,215,978$629,900,172
97$1,286,503,831$114,424,429$53,813,240$691,121,976
98$1,417,570,461$119,874,466$55,459,223$758,459,458
99$1,562,000,950$125,586,617$57,155,409$832,530,699
100$1,721,158,256$131,573,569$58,903,324$914,016,566