Can I retire at age 50 with 12,700,000?

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 $12,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$1,048,754$1,039,412$1,030,298$1,021,402$1,012,716$1,000,891
2 years$519,185$509,516$500,145$491,059$482,246$470,344
3 years$342,685$332,974$323,627$314,626$305,956$294,346
4 years$254,453$244,771$235,517$226,670$218,211$206,982
5 years$201,527$191,904$182,771$174,105$165,880$155,066
6 years$166,255$156,704$147,706$139,233$131,255$120,869
7 years$141,070$131,600$122,745$114,471$106,746$96,791
8 years$122,190$112,805$104,097$96,027$88,556$79,032
9 years$107,513$98,217$89,659$81,794$74,577$65,480
10 years$95,779$86,574$78,167$70,507$63,543$54,868
11 years$86,184$77,071$68,817$61,362$54,649$46,387
12 years$78,195$69,175$61,073$53,823$47,358$39,500
13 years$71,439$62,514$54,565$47,517$41,297$33,834
14 years$65,654$56,824$49,027$42,181$36,201$29,122
15 years$60,645$51,909$44,264$37,618$31,874$25,168
16 years$56,266$47,626$40,132$33,683$28,170$21,826
17 years$52,406$43,862$36,519$30,264$24,978$18,982
18 years$48,979$40,530$33,337$27,274$22,209$16,550
19 years$45,916$37,563$30,518$24,644$19,795$14,460
20 years$43,163$34,905$28,008$22,320$17,682$12,657
21 years$40,676$32,513$25,762$20,257$15,823$11,096
22 years$38,417$30,350$23,744$18,418$14,183$9,741
23 years$36,358$28,385$21,923$16,774$12,732$8,562
24 years$34,474$26,595$20,275$15,299$11,443$7,533
25 years$32,743$24,958$18,779$13,972$10,297$6,634
26 years$31,147$23,457$17,417$12,775$9,276$5,847
27 years$29,672$22,076$16,173$11,693$8,363$5,157
28 years$28,306$20,802$15,035$10,713$7,546$4,551
29 years$27,035$19,624$13,991$9,824$6,814$4,018
30 years$25,852$18,533$13,032$9,016$6,157$3,550
31 years$24,747$17,520$12,150$8,281$5,566$3,137
32 years$23,713$16,577$11,336$7,610$5,035$2,773
33 years$22,744$15,699$10,584$6,998$4,557$2,453
34 years$21,834$14,879$9,889$6,439$4,126$2,170
35 years$20,977$14,112$9,246$5,927$3,737$1,920
36 years$20,171$13,395$8,649$5,459$3,386$1,699
37 years$19,409$12,722$8,095$5,030$3,068$1,504
38 years$18,689$12,090$7,581$4,636$2,782$1,332
39 years$18,008$11,497$7,103$4,275$2,523$1,179
40 years$17,363$10,938$6,657$3,943$2,288$1,044
41 years$16,751$10,412$6,242$3,638$2,076$925
42 years$16,169$9,916$5,856$3,357$1,884$819
43 years$15,616$9,448$5,495$3,099$1,710$726
44 years$15,089$9,006$5,158$2,861$1,552$643
45 years$14,588$8,588$4,843$2,643$1,409$570
46 years$14,109$8,193$4,549$2,441$1,279$505
47 years$13,653$7,818$4,273$2,255$1,161$447
48 years$13,216$7,464$4,016$2,084$1,055$396
49 years$12,799$7,127$3,775$1,926$958$351
50 years$12,400$6,808$3,549$1,780$870$311

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $12,700,000, adding $5,237 every year, while hoping to spend $53,187 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: 39/44/17 Blend
49$12,700,000$12,700,000$12,700,000$12,700,000
50$14,000,802$13,327,702$13,130,852$14,475,462
51$15,372,293$13,924,169$13,514,145$15,411,705
52$16,881,894$14,548,080$13,908,496$16,417,878
53$18,543,635$15,200,724$14,314,218$17,504,703
54$20,372,977$15,883,451$14,731,636$18,679,502
55$22,386,956$16,597,675$15,161,081$19,950,310
56$24,604,343$17,344,878$15,602,894$21,325,937
57$27,045,821$18,126,612$16,057,426$22,816,051
58$29,734,183$18,944,504$16,525,038$24,431,262
59$32,694,543$19,800,258$17,006,100$26,183,216
60$35,954,575$20,695,660$17,500,993$28,084,698
61$39,544,774$21,632,579$18,010,109$30,149,745
62$43,498,742$22,612,977$18,533,849$32,393,775
63$47,853,508$23,638,907$19,072,627$34,833,724
64$52,649,873$24,712,521$19,626,868$37,488,194
65$57,932,800$25,836,075$20,197,007$40,377,627
66$63,751,834$27,011,930$20,783,495$43,524,486
67$70,161,570$28,242,564$21,386,792$46,953,461
68$77,222,172$29,530,572$22,007,371$50,691,688
69$84,999,935$30,878,671$22,645,719$54,769,001
70$93,567,914$32,289,712$23,302,337$59,218,200
71$103,006,614$33,766,680$23,977,738$64,075,354
72$113,404,747$35,312,706$24,672,450$69,380,127
73$124,860,070$36,931,067$25,387,016$75,176,141
74$137,480,309$38,625,202$26,121,993$81,511,381
75$151,384,175$40,398,711$26,877,954$88,438,627
76$166,702,483$42,255,370$27,655,488$96,015,949
77$183,579,387$44,199,134$28,455,198$104,307,234
78$202,173,743$46,234,150$29,277,705$113,382,776
79$222,660,605$48,364,764$30,123,649$123,319,930
80$245,232,879$50,595,529$30,993,683$134,203,819
81$270,103,143$52,931,220$31,888,482$146,128,128
82$297,505,654$55,376,840$32,808,736$159,195,967
83$327,698,558$57,937,633$33,755,157$173,520,827
84$360,966,330$60,619,096$34,728,473$189,227,635
85$397,622,454$63,426,990$35,729,435$206,453,912
86$438,012,385$66,367,354$36,758,813$225,351,051
87$482,516,812$69,446,518$37,817,396$246,085,724
88$531,555,245$72,671,116$38,905,998$268,841,434
89$585,589,983$76,048,103$40,025,452$293,820,225
90$645,130,472$79,584,771$41,176,614$321,244,562
91$710,738,115$83,288,759$42,360,366$351,359,408
92$783,031,574$87,168,080$43,577,610$384,434,507
93$862,692,609$91,231,130$44,829,274$420,766,905
94$950,472,511$95,486,711$46,116,310$460,683,723
95$1,047,199,199$99,944,052$47,439,698$504,545,215
96$1,153,785,031$104,612,824$48,800,442$552,748,136
97$1,271,235,421$109,503,169$50,199,574$605,729,455
98$1,400,658,327$114,625,718$51,638,152$663,970,444
99$1,543,274,711$119,991,613$53,117,265$728,001,182
100$1,700,430,067$125,612,537$54,638,030$798,405,525