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%17.3%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$974,923
2 years$515,097$505,504$496,207$487,192$478,448$448,653
3 years$339,987$330,352$321,079$312,149$303,547$274,709
4 years$252,449$242,844$233,663$224,886$216,493$188,833
5 years$199,940$190,393$181,332$172,734$164,574$138,168
6 years$164,946$155,470$146,543$138,137$130,222$105,093
7 years$139,959$130,563$121,778$113,570$105,905$82,053
8 years$121,228$111,917$103,277$95,271$87,859$65,268
9 years$106,667$97,444$88,953$81,150$73,990$52,638
10 years$95,025$85,892$77,551$69,952$63,043$42,900
11 years$85,506$76,465$68,275$60,879$54,219$35,250
12 years$77,579$68,630$60,592$53,399$46,985$29,153
13 years$70,877$62,022$54,135$47,143$40,972$24,235
14 years$65,137$56,376$48,641$41,849$35,916$20,232
15 years$60,167$51,501$43,916$37,322$31,623$16,949
16 years$55,823$47,251$39,816$33,417$27,949$14,238
17 years$51,993$43,516$36,231$30,025$24,781$11,989
18 years$48,593$40,211$33,074$27,059$22,034$10,115
19 years$45,555$37,267$30,278$24,450$19,640$8,547
20 years$42,823$34,630$27,788$22,144$17,542$7,233
21 years$40,355$32,257$25,559$20,097$15,698$6,127
22 years$38,115$30,111$23,557$18,273$14,071$5,196
23 years$36,072$28,162$21,751$16,642$12,631$4,409
24 years$34,202$26,386$20,116$15,178$11,353$3,745
25 years$32,485$24,762$18,631$13,862$10,216$3,182
26 years$30,902$23,272$17,279$12,674$9,202$2,705
27 years$29,439$21,902$16,045$11,601$8,297$2,301
28 years$28,083$20,638$14,916$10,629$7,486$1,957
29 years$26,822$19,470$13,881$9,747$6,760$1,666
30 years$25,648$18,387$12,930$8,945$6,108$1,418
31 years$24,552$17,382$12,054$8,216$5,522$1,207
32 years$23,526$16,447$11,246$7,550$4,995$1,028
33 years$22,565$15,575$10,501$6,943$4,521$876
34 years$21,662$14,762$9,811$6,388$4,093$746
35 years$20,812$14,001$9,173$5,881$3,707$636
36 years$20,012$13,289$8,581$5,416$3,359$542
37 years$19,256$12,622$8,032$4,990$3,044$462
38 years$18,542$11,995$7,521$4,600$2,760$393
39 years$17,867$11,406$7,047$4,241$2,503$335
40 years$17,226$10,852$6,605$3,912$2,270$286
41 years$16,619$10,330$6,193$3,609$2,060$243
42 years$16,042$9,838$5,810$3,331$1,869$208
43 years$15,493$9,374$5,451$3,075$1,696$177
44 years$14,971$8,935$5,117$2,839$1,540$151
45 years$14,473$8,520$4,805$2,622$1,398$129
46 years$13,998$8,128$4,513$2,422$1,269$110
47 years$13,545$7,757$4,240$2,237$1,152$93
48 years$13,112$7,405$3,984$2,068$1,046$80
49 years$12,698$7,071$3,745$1,911$950$68
50 years$12,302$6,755$3,521$1,766$863$58

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 $6,278 every year, while hoping to spend $38,328 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: 44/34/22 Blend
49$12,600,000$12,600,000$12,600,000$12,600,000
50$13,891,676$13,223,876$13,028,576$14,414,084
51$15,267,846$13,831,065$13,424,252$15,391,143
52$16,783,101$14,466,722$13,831,900$16,445,349
53$18,451,587$15,132,201$14,251,878$17,587,296
54$20,288,892$15,828,922$14,684,559$18,825,133
55$22,312,192$16,558,372$15,130,324$20,167,808
56$24,540,414$17,322,111$15,589,569$21,625,142
57$26,994,415$18,121,773$16,062,698$23,207,924
58$29,697,177$18,959,071$16,550,130$24,928,004
59$32,674,024$19,835,801$17,052,295$26,798,399
60$35,952,863$20,753,844$17,569,635$28,833,413
61$39,564,446$21,715,173$18,102,609$31,048,764
62$43,542,659$22,721,856$18,651,685$33,461,728
63$47,924,842$23,776,059$19,217,349$36,091,292
64$52,752,144$24,880,054$19,800,099$38,958,334
65$58,069,909$26,036,223$20,400,448$42,085,805
66$63,928,102$27,247,061$21,018,926$45,498,943
67$70,381,786$28,515,184$21,656,077$49,225,504
68$77,491,636$29,843,335$22,312,463$53,296,014
69$85,324,514$31,234,390$22,988,662$57,744,051
70$93,954,100$32,691,361$23,685,268$62,606,550
71$103,461,589$34,217,408$24,402,895$67,924,147
72$113,936,452$35,815,842$25,142,173$73,741,551
73$125,477,288$37,490,136$25,903,754$80,107,956
74$138,192,748$39,243,929$26,688,306$87,077,495
75$152,202,563$41,081,037$27,496,519$94,709,740
76$167,638,675$43,005,458$28,329,103$103,070,258
77$184,646,481$45,021,387$29,186,789$112,231,208
78$203,386,207$47,133,219$30,070,331$122,272,021
79$224,034,416$49,345,563$30,980,503$133,280,130
80$246,785,682$51,663,251$31,918,105$145,351,784
81$271,854,418$54,091,348$32,883,959$158,592,942
82$299,476,909$56,635,164$33,878,912$173,120,259
83$329,913,534$59,300,267$34,903,836$189,062,174
84$363,451,230$62,092,495$35,959,629$206,560,103
85$400,406,195$65,017,967$37,047,217$225,769,756
86$441,126,880$68,083,100$38,167,551$246,862,597
87$485,997,270$71,294,621$39,321,613$270,027,434
88$535,440,518$74,659,584$40,510,413$295,472,191
89$589,922,929$78,185,382$41,734,990$323,425,845
90$649,958,372$81,879,770$42,996,417$354,140,569
91$716,113,125$85,750,877$44,295,795$387,894,091
92$789,011,221$89,807,227$45,634,261$424,992,291
93$869,340,340$94,057,757$47,012,985$465,772,064
94$957,858,305$98,511,836$48,433,169$510,604,480
95$1,055,400,227$103,179,291$49,896,055$559,898,254
96$1,162,886,397$108,070,423$51,402,920$614,103,582
97$1,281,330,970$113,196,034$52,955,078$673,716,358
98$1,411,851,539$118,567,450$54,553,884$739,282,830
99$1,555,679,688$124,196,547$56,200,731$811,404,720
100$1,714,172,615$130,095,778$57,897,055$890,744,876