Can I retire at age 50 with 12,900,000?

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 $12,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$1,065,270$1,055,781$1,046,523$1,037,487$1,028,664$993,748
2 years$527,361$517,540$508,021$498,792$489,840$455,013
3 years$348,082$338,218$328,723$319,581$310,775$277,130
4 years$258,460$248,626$239,226$230,240$221,647$189,442
5 years$204,701$194,926$185,649$176,846$168,493$137,813
6 years$168,873$159,172$150,032$141,425$133,322$104,192
7 years$143,292$133,672$124,678$116,274$108,427$80,841
8 years$124,114$114,582$105,736$97,539$89,951$63,889
9 years$109,207$99,764$91,071$83,082$75,751$51,181
10 years$97,287$87,937$79,398$71,617$64,544$41,425
11 years$87,542$78,285$69,900$62,328$55,510$33,797
12 years$79,426$70,265$62,035$54,670$48,104$27,748
13 years$72,564$63,499$55,424$48,266$41,947$22,896
14 years$66,688$57,718$49,799$42,845$36,771$18,969
15 years$61,600$52,727$44,962$38,210$32,376$15,767
16 years$57,152$48,376$40,764$34,213$28,614$13,140
17 years$53,231$44,552$37,094$30,740$25,371$10,976
18 years$49,750$41,168$33,862$27,703$22,559$9,184
19 years$46,639$38,154$30,999$25,032$20,107$7,697
20 years$43,843$35,455$28,449$22,671$17,960$6,459
21 years$41,316$33,025$26,168$20,576$16,072$5,425
22 years$39,022$30,828$24,118$18,708$14,407$4,561
23 years$36,931$28,832$22,268$17,038$12,932$3,837
24 years$35,017$27,014$20,595$15,539$11,624$3,230
25 years$33,258$25,351$19,075$14,192$10,460$2,721
26 years$31,638$23,826$17,691$12,976$9,422$2,293
27 years$30,140$22,423$16,427$11,877$8,494$1,933
28 years$28,751$21,129$15,271$10,882$7,665$1,630
29 years$27,461$19,933$14,211$9,979$6,921$1,375
30 years$26,259$18,825$13,237$9,158$6,254$1,160
31 years$25,136$17,796$12,341$8,411$5,654$978
32 years$24,086$16,838$11,514$7,730$5,114$826
33 years$23,102$15,946$10,751$7,108$4,628$697
34 years$22,178$15,113$10,045$6,540$4,190$588
35 years$21,308$14,335$9,391$6,021$3,795$497
36 years$20,488$13,606$8,785$5,545$3,439$419
37 years$19,715$12,922$8,223$5,109$3,117$354
38 years$18,984$12,281$7,700$4,709$2,826$299
39 years$18,292$11,678$7,214$4,342$2,562$252
40 years$17,636$11,111$6,762$4,005$2,324$213
41 years$17,014$10,576$6,341$3,695$2,109$180
42 years$16,424$10,072$5,948$3,410$1,913$152
43 years$15,862$9,597$5,581$3,148$1,736$128
44 years$15,327$9,148$5,239$2,907$1,576$108
45 years$14,817$8,723$4,919$2,684$1,431$92
46 years$14,332$8,322$4,620$2,479$1,299$77
47 years$13,868$7,941$4,341$2,291$1,180$65
48 years$13,424$7,581$4,079$2,117$1,071$55
49 years$13,001$7,240$3,834$1,956$973$47
50 years$12,595$6,916$3,605$1,808$884$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $12,900,000, adding $4,854 every year, while hoping to spend $37,795 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: 65/29/6 Blend
49$12,900,000$12,900,000$12,900,000$12,900,000
50$14,220,807$13,537,107$13,337,157$15,131,111
51$15,631,116$14,160,212$13,743,738$16,359,814
52$17,184,009$14,812,582$14,162,673$17,696,691
53$18,893,991$15,495,611$14,594,336$19,156,211
54$20,777,043$16,210,761$15,039,111$20,750,289
55$22,850,777$16,959,564$15,497,396$22,492,031
56$25,134,597$17,743,623$15,969,600$24,395,850
57$27,649,888$18,564,623$16,456,143$26,477,601
58$30,420,212$19,424,325$16,957,460$28,754,727
59$33,471,536$20,324,579$17,473,997$31,246,417
60$36,832,471$21,267,322$18,006,215$33,973,784
61$40,534,548$22,254,585$18,554,587$36,960,059
62$44,612,508$23,288,496$19,119,603$40,230,807
63$49,104,639$24,371,288$19,701,764$43,814,163
64$54,053,129$25,505,298$20,301,590$47,741,091
65$59,504,470$26,692,979$20,919,615$52,045,671
66$65,509,892$27,936,901$21,556,388$56,765,416
67$72,125,850$29,239,758$22,212,476$61,941,619
68$79,414,554$30,604,374$22,888,462$67,619,738
69$87,444,561$32,033,711$23,584,948$73,849,816
70$96,291,415$33,530,871$24,302,552$80,686,950
71$106,038,364$35,099,108$25,041,912$88,191,799
72$116,777,146$36,741,834$25,803,685$96,431,154
73$128,608,855$38,462,624$26,588,549$105,478,559
74$141,644,892$40,265,226$27,397,199$115,414,993
75$156,008,019$42,153,570$28,230,353$126,329,631
76$171,833,519$44,131,777$29,088,752$138,320,677
77$189,270,470$46,204,166$29,973,157$151,496,275
78$208,483,152$48,375,264$30,884,352$165,975,526
79$229,652,601$50,649,820$31,823,146$181,889,601
80$252,978,316$53,032,811$32,790,370$199,382,967
81$278,680,139$55,529,454$33,786,883$218,614,738
82$307,000,337$58,145,220$34,813,567$239,760,167
83$338,205,882$60,885,846$35,871,332$263,012,290
84$372,590,975$63,757,346$36,961,114$288,583,730
85$410,479,822$66,766,024$38,083,880$316,708,695
86$452,229,695$69,918,491$39,240,621$347,645,171
87$498,234,305$73,221,678$40,432,363$381,677,345
88$548,927,517$76,682,852$41,660,160$419,118,272
89$604,787,445$80,309,634$42,925,097$460,312,809
90$666,340,970$84,110,011$44,228,293$505,640,863
91$734,168,708$88,092,361$45,570,900$555,520,948
92$808,910,496$92,265,466$46,954,105$610,414,125
93$891,271,428$96,638,535$48,379,129$670,828,330
94$982,028,515$101,221,225$49,847,231$737,323,154
95$1,082,038,019$106,023,660$51,359,708$810,515,095
96$1,192,243,533$111,056,456$52,917,895$891,083,364
97$1,313,684,896$116,330,745$54,523,167$979,776,268
98$1,447,508,002$121,858,198$56,176,939$1,077,418,252
99$1,594,975,623$127,651,054$57,880,672$1,184,917,651
100$1,757,479,328$133,722,147$59,635,866$1,303,275,245