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%14.9%
1 years$1,065,270$1,055,781$1,046,523$1,037,487$1,028,664$1,007,895
2 years$527,361$517,540$508,021$498,792$489,840$469,006
3 years$348,082$338,218$328,723$319,581$310,775$290,526
4 years$258,460$248,626$239,226$230,240$221,647$202,140
5 years$204,701$194,926$185,649$176,846$168,493$149,783
6 years$168,873$159,172$150,032$141,425$133,322$115,430
7 years$143,292$133,672$124,678$116,274$108,427$91,355
8 years$124,114$114,582$105,736$97,539$89,951$73,695
9 years$109,207$99,764$91,071$83,082$75,751$60,301
10 years$97,287$87,937$79,398$71,617$64,544$49,884
11 years$87,542$78,285$69,900$62,328$55,510$41,622
12 years$79,426$70,265$62,035$54,670$48,104$34,968
13 years$72,564$63,499$55,424$48,266$41,947$29,541
14 years$66,688$57,718$49,799$42,845$36,771$25,071
15 years$61,600$52,727$44,962$38,210$32,376$21,357
16 years$57,152$48,376$40,764$34,213$28,614$18,251
17 years$53,231$44,552$37,094$30,740$25,371$15,638
18 years$49,750$41,168$33,862$27,703$22,559$13,429
19 years$46,639$38,154$30,999$25,032$20,107$11,553
20 years$43,843$35,455$28,449$22,671$17,960$9,956
21 years$41,316$33,025$26,168$20,576$16,072$8,591
22 years$39,022$30,828$24,118$18,708$14,407$7,422
23 years$36,931$28,832$22,268$17,038$12,932$6,418
24 years$35,017$27,014$20,595$15,539$11,624$5,555
25 years$33,258$25,351$19,075$14,192$10,460$4,812
26 years$31,638$23,826$17,691$12,976$9,422$4,170
27 years$30,140$22,423$16,427$11,877$8,494$3,617
28 years$28,751$21,129$15,271$10,882$7,665$3,138
29 years$27,461$19,933$14,211$9,979$6,921$2,723
30 years$26,259$18,825$13,237$9,158$6,254$2,365
31 years$25,136$17,796$12,341$8,411$5,654$2,054
32 years$24,086$16,838$11,514$7,730$5,114$1,784
33 years$23,102$15,946$10,751$7,108$4,628$1,551
34 years$22,178$15,113$10,045$6,540$4,190$1,348
35 years$21,308$14,335$9,391$6,021$3,795$1,172
36 years$20,488$13,606$8,785$5,545$3,439$1,019
37 years$19,715$12,922$8,223$5,109$3,117$886
38 years$18,984$12,281$7,700$4,709$2,826$770
39 years$18,292$11,678$7,214$4,342$2,562$670
40 years$17,636$11,111$6,762$4,005$2,324$583
41 years$17,014$10,576$6,341$3,695$2,109$507
42 years$16,424$10,072$5,948$3,410$1,913$441
43 years$15,862$9,597$5,581$3,148$1,736$384
44 years$15,327$9,148$5,239$2,907$1,576$334
45 years$14,817$8,723$4,919$2,684$1,431$290
46 years$14,332$8,322$4,620$2,479$1,299$253
47 years$13,868$7,941$4,341$2,291$1,180$220
48 years$13,424$7,581$4,079$2,117$1,071$191
49 years$13,001$7,240$3,834$1,956$973$166
50 years$12,595$6,916$3,605$1,808$884$145

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 $5,601 every year, while hoping to spend $25,414 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: 39/34/27 Blend
49$12,900,000$12,900,000$12,900,000$12,900,000
50$14,221,577$13,537,877$13,337,927$14,662,073
51$15,645,138$14,174,193$13,757,708$15,620,125
52$17,213,050$14,840,837$14,190,699$16,652,627
53$18,940,010$15,539,267$14,637,317$17,768,627
54$20,842,215$16,271,014$15,097,990$18,975,749
55$22,937,509$17,037,682$15,573,161$20,282,359
56$25,245,559$17,840,952$16,063,285$21,697,637
57$27,788,035$18,682,588$16,568,835$23,231,657
58$30,588,818$19,564,438$17,090,294$24,895,476
59$33,674,222$20,488,441$17,628,164$26,701,235
60$37,073,246$21,456,628$18,182,961$28,662,266
61$40,817,845$22,471,130$18,755,218$30,793,211
62$44,943,231$23,534,181$19,345,483$33,110,154
63$49,488,208$24,648,124$19,954,325$35,630,766
64$54,495,538$25,815,414$20,582,327$38,374,463
65$60,012,340$27,038,627$21,230,092$41,362,584
66$66,090,541$28,320,462$21,898,242$44,618,583
67$72,787,362$29,663,751$22,587,420$48,168,241
68$80,165,860$31,071,461$23,298,285$52,039,901
69$88,295,521$32,546,707$24,031,522$56,264,728
70$97,252,920$34,092,751$24,787,833$60,876,993
71$107,122,438$35,713,016$25,567,945$65,914,385
72$117,997,062$37,411,089$26,372,607$71,418,357
73$129,979,265$39,190,735$27,202,592$77,434,507
74$143,181,967$41,055,898$28,058,696$84,012,995
75$157,729,607$43,010,716$28,941,741$91,209,008
76$173,759,313$45,059,527$29,852,576$99,083,265
77$191,422,199$47,206,881$30,792,073$107,702,579
78$210,884,792$49,457,546$31,761,137$117,140,472
79$232,330,602$51,816,527$32,760,695$127,477,857
80$255,961,854$54,289,068$33,791,710$138,803,785
81$282,001,401$56,880,669$34,855,169$151,216,272
82$310,694,821$59,597,100$35,952,095$164,823,205
83$342,312,742$62,444,407$37,083,540$179,743,346
84$377,153,394$65,428,935$38,250,590$196,107,433
85$415,545,422$68,557,334$39,454,366$214,059,397
86$457,850,991$71,836,580$40,696,024$233,757,699
87$504,469,207$75,273,987$41,976,755$255,376,808
88$555,839,879$78,877,226$43,297,790$279,108,825
89$612,447,676$82,654,339$44,660,395$305,165,273
90$674,826,701$86,613,764$46,065,880$333,779,073
91$743,565,531$90,764,345$47,515,594$365,206,716
92$819,312,777$95,115,359$49,010,928$399,730,659
93$902,783,204$99,676,536$50,553,318$437,661,963
94$994,764,481$104,458,076$52,144,244$479,343,206
95$1,096,124,616$109,470,680$53,785,235$525,151,682
96$1,207,820,151$114,725,567$55,477,864$575,502,935
97$1,330,905,191$120,234,505$57,223,758$630,854,650
98$1,466,541,358$126,009,834$59,024,591$691,710,936
99$1,616,008,755$132,064,494$60,882,093$758,627,055
100$1,780,718,052$138,412,058$62,798,048$832,214,624