Can I retire at age 50 with 13,000,000?

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 $13,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,027,953
2 years$531,449$521,552$511,959$502,659$493,637$484,883
3 years$350,780$340,840$331,272$322,058$313,184$304,633
4 years$260,463$250,553$241,081$232,025$223,365$215,083
5 years$206,287$196,437$187,089$178,217$169,799$161,810
6 years$170,182$160,405$151,195$142,522$134,356$126,670
7 years$144,402$134,708$125,644$117,175$109,267$101,888
8 years$125,077$115,470$106,556$98,295$90,648$83,575
9 years$110,053$100,537$91,777$83,726$76,339$69,571
10 years$98,042$88,619$80,013$72,172$65,044$58,577
11 years$88,220$78,892$70,442$62,812$55,940$49,769
12 years$80,042$70,809$62,516$55,094$48,477$42,595
13 years$73,127$63,991$55,854$48,640$42,273$36,674
14 years$67,205$58,166$50,185$43,177$37,056$31,734
15 years$62,077$53,136$45,310$38,506$32,627$27,574
16 years$57,595$48,751$41,080$34,478$28,836$24,044
17 years$53,644$44,898$37,381$30,978$25,568$21,029
18 years$50,136$41,488$34,124$27,918$22,734$18,439
19 years$47,001$38,450$31,239$25,226$20,263$16,204
20 years$44,183$35,730$28,670$22,847$18,099$14,267
21 years$41,637$33,281$26,371$20,735$16,197$12,582
22 years$39,325$31,067$24,305$18,853$14,518$11,113
23 years$37,217$29,056$22,441$17,170$13,032$9,827
24 years$35,288$27,224$20,754$15,660$11,714$8,700
25 years$33,516$25,548$19,223$14,302$10,541$7,710
26 years$31,883$24,011$17,828$13,077$9,495$6,838
27 years$30,373$22,597$16,555$11,969$8,560$6,069
28 years$28,974$21,293$15,390$10,966$7,724$5,390
29 years$27,674$20,088$14,322$10,056$6,975$4,790
30 years$26,462$18,971$13,340$9,229$6,302$4,259
31 years$25,331$17,934$12,436$8,476$5,698$3,789
32 years$24,273$16,969$11,603$7,790$5,154$3,372
33 years$23,281$16,070$10,834$7,164$4,664$3,002
34 years$22,349$15,230$10,123$6,591$4,223$2,673
35 years$21,473$14,446$9,464$6,067$3,825$2,381
36 years$20,647$13,711$8,853$5,588$3,466$2,122
37 years$19,868$13,022$8,287$5,149$3,141$1,891
38 years$19,131$12,376$7,760$4,746$2,848$1,686
39 years$18,434$11,768$7,270$4,376$2,582$1,503
40 years$17,773$11,197$6,815$4,036$2,342$1,340
41 years$17,146$10,658$6,390$3,724$2,125$1,195
42 years$16,551$10,150$5,994$3,436$1,928$1,066
43 years$15,985$9,671$5,624$3,172$1,750$951
44 years$15,446$9,219$5,280$2,929$1,588$848
45 years$14,932$8,791$4,957$2,705$1,442$757
46 years$14,443$8,386$4,656$2,499$1,309$675
47 years$13,975$8,003$4,374$2,309$1,189$603
48 years$13,528$7,640$4,111$2,133$1,080$538
49 years$13,101$7,296$3,864$1,971$981$480
50 years$12,693$6,969$3,632$1,822$891$428

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $13,000,000, adding $2,752 every year, while hoping to spend $58,895 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: 67/28/5 Blend
49$13,000,000$13,000,000$13,000,000$13,000,000
50$14,328,839$13,639,839$13,438,339$15,280,037
51$15,727,716$14,245,527$13,825,859$16,516,297
52$17,267,306$14,878,920$14,224,388$17,859,837
53$18,961,897$15,541,313$14,634,231$19,326,928
54$20,827,237$16,234,064$15,055,704$20,929,613
55$22,880,674$16,958,592$15,489,129$22,681,136
56$25,141,328$17,716,388$15,934,840$24,596,066
57$27,630,263$18,509,011$16,393,177$26,690,433
58$30,370,693$19,338,095$16,864,491$28,981,874
59$33,388,193$20,205,352$17,349,141$31,489,796
60$36,710,949$21,112,574$17,847,497$34,235,553
61$40,370,016$22,061,640$18,359,939$37,242,648
62$44,399,617$23,054,520$18,886,856$40,536,945
63$48,837,460$24,093,274$19,428,648$44,146,915
64$53,725,099$25,180,063$19,985,726$48,103,893
65$59,108,324$26,317,150$20,558,513$52,442,375
66$65,037,590$27,506,908$21,147,440$57,200,333
67$71,568,499$28,751,820$21,752,953$62,419,572
68$78,762,317$30,054,492$22,375,509$68,146,119
69$86,686,561$31,417,649$23,015,576$74,430,648
70$95,415,629$32,844,152$23,673,636$81,328,954
71$105,031,503$34,336,995$24,350,183$88,902,474
72$115,624,525$35,899,317$25,045,723$97,218,861
73$127,294,250$37,534,407$25,760,778$106,352,612
74$140,150,382$39,245,711$26,495,882$116,385,766
75$154,313,810$41,036,841$27,251,584$127,408,671
76$169,917,754$42,911,581$28,028,447$139,520,827
77$187,109,013$44,873,897$28,827,049$152,831,820
78$206,049,360$46,927,945$29,647,982$167,462,342
79$226,917,062$49,078,082$30,491,857$183,545,328
80$249,908,565$51,328,871$31,359,297$201,227,196
81$275,240,350$53,685,096$32,250,944$220,669,218
82$303,150,971$56,151,772$33,167,457$242,049,039
83$333,903,314$58,734,152$34,109,510$265,562,333
84$367,787,070$61,437,744$35,077,797$291,424,646
85$405,121,476$64,268,318$36,073,028$319,873,416
86$446,258,325$67,231,925$37,095,933$351,170,201
87$491,585,289$70,334,903$38,147,262$385,603,135
88$541,529,574$73,583,899$39,227,781$423,489,635
89$596,561,958$76,985,878$40,338,278$465,179,380
90$657,201,230$80,548,138$41,479,564$511,057,600
91$724,019,092$84,278,333$42,652,465$561,548,697
92$797,645,551$88,184,483$43,857,834$617,120,230
93$878,774,868$92,274,994$45,096,543$678,287,315
94$968,172,115$96,558,679$46,369,487$745,617,469
95$1,066,680,390$101,044,774$47,677,584$819,735,948
96$1,175,228,783$105,742,961$49,021,777$901,331,628
97$1,294,841,142$110,663,389$50,403,030$991,163,489
98$1,426,645,741$115,816,698$51,822,334$1,090,067,758
99$1,571,885,930$121,214,039$53,280,705$1,198,965,777
100$1,731,931,871$126,867,103$54,779,184$1,318,872,681