Can I retire at age 50 with 12,800,000?

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 $12,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$991,994
2 years$523,273$513,528$504,083$494,925$486,043$457,351
3 years$345,384$335,596$326,175$317,104$308,366$280,576
4 years$256,456$246,699$237,372$228,455$219,929$193,255
5 years$203,114$193,415$184,210$175,476$167,186$141,702
6 years$167,564$157,938$148,869$140,329$132,289$108,017
7 years$142,181$132,636$123,711$115,372$107,586$84,528
8 years$123,152$113,693$104,917$96,783$89,253$67,395
9 years$108,360$98,991$90,365$82,438$75,164$54,486
10 years$96,533$87,255$78,782$71,062$64,044$44,517
11 years$86,863$77,678$69,359$61,845$55,080$36,673
12 years$78,810$69,720$61,554$54,247$47,731$30,410
13 years$72,002$63,006$54,994$47,892$41,622$25,349
14 years$66,171$57,271$49,413$42,513$36,486$21,220
15 years$61,122$52,318$44,613$37,914$32,125$17,826
16 years$56,709$48,001$40,448$33,948$28,392$15,018
17 years$52,819$44,207$36,806$30,502$25,174$12,683
18 years$49,365$40,849$33,599$27,488$22,384$10,732
19 years$46,278$37,859$30,759$24,838$19,951$9,096
20 years$43,503$35,180$28,229$22,496$17,821$7,721
21 years$40,996$32,769$25,965$20,416$15,948$6,561
22 years$38,720$30,589$23,931$18,563$14,295$5,581
23 years$36,645$28,609$22,096$16,906$12,832$4,751
24 years$34,745$26,805$20,435$15,419$11,534$4,048
25 years$33,000$25,155$18,927$14,082$10,378$3,450
26 years$31,392$23,642$17,554$12,875$9,349$2,943
27 years$29,906$22,249$16,300$11,785$8,428$2,511
28 years$28,528$20,966$15,153$10,798$7,605$2,143
29 years$27,248$19,779$14,101$9,902$6,867$1,830
30 years$26,055$18,679$13,135$9,087$6,205$1,563
31 years$24,942$17,658$12,245$8,346$5,610$1,335
32 years$23,900$16,708$11,425$7,670$5,075$1,141
33 years$22,923$15,822$10,668$7,053$4,592$975
34 years$22,006$14,996$9,967$6,490$4,158$833
35 years$21,143$14,224$9,319$5,974$3,766$712
36 years$20,329$13,500$8,717$5,502$3,412$609
37 years$19,562$12,822$8,159$5,069$3,093$521
38 years$18,837$12,186$7,641$4,673$2,804$445
39 years$18,150$11,587$7,159$4,308$2,543$381
40 years$17,500$11,024$6,710$3,974$2,306$326
41 years$16,882$10,494$6,292$3,666$2,092$278
42 years$16,296$9,994$5,902$3,384$1,898$238
43 years$15,739$9,523$5,538$3,123$1,723$204
44 years$15,208$9,077$5,198$2,884$1,564$174
45 years$14,703$8,656$4,881$2,663$1,420$149
46 years$14,220$8,257$4,584$2,460$1,289$127
47 years$13,760$7,880$4,307$2,273$1,171$109
48 years$13,320$7,522$4,047$2,100$1,063$93
49 years$12,900$7,184$3,804$1,941$965$80
50 years$12,497$6,862$3,577$1,794$877$68

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $12,800,000, adding $3,651 every year, while hoping to spend $53,707 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: 58/13/29 Blend
49$12,800,000$12,800,000$12,800,000$12,800,000
50$14,109,366$13,430,966$13,232,566$14,815,438
51$15,491,378$14,031,940$13,618,713$15,901,037
52$17,012,554$14,660,561$14,015,996$17,078,244
53$18,687,034$15,318,128$14,424,731$18,360,821
54$20,530,396$16,006,000$14,845,244$19,759,007
55$22,559,805$16,725,603$15,277,868$21,284,069
56$24,794,176$17,478,428$15,722,948$22,948,403
57$27,254,351$18,266,040$16,180,836$24,765,649
58$29,963,295$19,090,077$16,651,894$26,750,818
59$32,946,315$19,952,255$17,136,497$28,920,432
60$36,231,297$20,854,372$17,635,027$31,292,673
61$39,848,967$21,798,314$18,147,878$33,887,556
62$43,833,185$22,786,055$18,675,455$36,727,114
63$48,221,261$23,819,663$19,218,174$39,835,602
64$53,054,309$24,901,306$19,776,463$43,239,721
65$58,377,634$26,033,256$20,350,760$46,968,869
66$64,241,160$27,217,892$20,941,517$51,055,417
67$70,699,899$28,457,710$21,549,199$55,535,006
68$77,814,473$29,755,322$22,174,281$60,446,881
69$85,651,684$31,113,467$22,817,254$65,834,261
70$94,285,144$32,535,016$23,478,621$71,744,739
71$103,795,973$34,022,975$24,158,899$78,230,726
72$114,273,559$35,580,498$24,858,619$85,349,948
73$125,816,406$37,210,887$25,578,327$93,165,978
74$138,533,062$38,917,603$26,318,584$101,748,835
75$152,543,144$40,704,275$27,079,966$111,175,641
76$167,978,465$42,574,705$27,863,065$121,531,343
77$184,984,281$44,532,878$28,668,490$132,909,508
78$203,720,658$46,582,969$29,496,864$145,413,202
79$224,363,987$48,729,356$30,348,831$159,155,955
80$247,108,645$50,976,627$31,225,049$174,262,829
81$272,168,834$53,329,589$32,126,196$190,871,593
82$299,780,599$55,793,282$33,052,966$209,134,013
83$330,204,055$58,372,988$34,006,076$229,217,280
84$363,725,848$61,074,244$34,986,259$251,305,580
85$400,661,855$63,902,852$35,994,268$275,601,827
86$441,360,167$66,864,894$37,030,879$302,329,571
87$486,204,377$69,966,748$38,096,887$331,735,096
88$535,617,199$73,215,094$39,193,109$364,089,740
89$590,064,459$76,616,939$40,320,383$399,692,448
90$650,059,489$80,179,624$41,479,571$438,872,581
91$716,167,979$83,910,848$42,671,559$481,993,021
92$789,013,311$87,818,677$43,897,255$529,453,582
93$869,282,447$91,911,571$45,157,591$581,694,776
94$957,732,414$96,198,395$46,453,527$639,201,960
95$1,055,197,446$100,688,442$47,786,046$702,509,907
96$1,162,596,865$105,391,456$49,156,159$772,207,844
97$1,280,943,758$110,317,650$50,564,903$848,944,998
98$1,411,354,538$115,477,731$52,013,343$933,436,715
99$1,555,059,484$120,882,923$53,502,573$1,026,471,201
100$1,713,414,358$126,544,993$55,033,716$1,128,916,945