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%15.6%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,012,812
2 years$531,449$521,552$511,959$502,659$493,637$469,764
3 years$350,780$340,840$331,272$322,058$313,184$290,010
4 years$260,463$250,553$241,081$232,025$223,365$201,069
5 years$206,287$196,437$187,089$178,217$169,799$148,442
6 years$170,182$160,405$151,195$142,522$134,356$113,962
7 years$144,402$134,708$125,644$117,175$109,267$89,838
8 years$125,077$115,470$106,556$98,295$90,648$72,176
9 years$110,053$100,537$91,777$83,726$76,339$58,811
10 years$98,042$88,619$80,013$72,172$65,044$48,441
11 years$88,220$78,892$70,442$62,812$55,940$40,239
12 years$80,042$70,809$62,516$55,094$48,477$33,653
13 years$73,127$63,991$55,854$48,640$42,273$28,298
14 years$67,205$58,166$50,185$43,177$37,056$23,901
15 years$62,077$53,136$45,310$38,506$32,627$20,262
16 years$57,595$48,751$41,080$34,478$28,836$17,230
17 years$53,644$44,898$37,381$30,978$25,568$14,688
18 years$50,136$41,488$34,124$27,918$22,734$12,549
19 years$47,001$38,450$31,239$25,226$20,263$10,740
20 years$44,183$35,730$28,670$22,847$18,099$9,206
21 years$41,637$33,281$26,371$20,735$16,197$7,902
22 years$39,325$31,067$24,305$18,853$14,518$6,790
23 years$37,217$29,056$22,441$17,170$13,032$5,840
24 years$35,288$27,224$20,754$15,660$11,714$5,027
25 years$33,516$25,548$19,223$14,302$10,541$4,330
26 years$31,883$24,011$17,828$13,077$9,495$3,732
27 years$30,373$22,597$16,555$11,969$8,560$3,218
28 years$28,974$21,293$15,390$10,966$7,724$2,776
29 years$27,674$20,088$14,322$10,056$6,975$2,396
30 years$26,462$18,971$13,340$9,229$6,302$2,068
31 years$25,331$17,934$12,436$8,476$5,698$1,786
32 years$24,273$16,969$11,603$7,790$5,154$1,542
33 years$23,281$16,070$10,834$7,164$4,664$1,333
34 years$22,349$15,230$10,123$6,591$4,223$1,151
35 years$21,473$14,446$9,464$6,067$3,825$995
36 years$20,647$13,711$8,853$5,588$3,466$860
37 years$19,868$13,022$8,287$5,149$3,141$743
38 years$19,131$12,376$7,760$4,746$2,848$643
39 years$18,434$11,768$7,270$4,376$2,582$556
40 years$17,773$11,197$6,815$4,036$2,342$480
41 years$17,146$10,658$6,390$3,724$2,125$415
42 years$16,551$10,150$5,994$3,436$1,928$359
43 years$15,985$9,671$5,624$3,172$1,750$311
44 years$15,446$9,219$5,280$2,929$1,588$269
45 years$14,932$8,791$4,957$2,705$1,442$232
46 years$14,443$8,386$4,656$2,499$1,309$201
47 years$13,975$8,003$4,374$2,309$1,189$174
48 years$13,528$7,640$4,111$2,133$1,080$150
49 years$13,101$7,296$3,864$1,971$981$130
50 years$12,693$6,969$3,632$1,822$891$112

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 $5,452 every year, while hoping to spend $27,159 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: 60/34/6 Blend
49$13,000,000$13,000,000$13,000,000$13,000,000
50$14,331,624$13,642,624$13,441,124$15,174,883
51$15,764,552$14,282,215$13,862,504$16,379,339
52$17,342,730$14,952,237$14,297,091$17,688,821
53$19,080,942$15,654,150$14,745,298$19,116,339
54$20,995,483$16,389,489$15,207,550$20,673,242
55$23,104,309$17,159,860$15,684,290$22,372,000
56$25,427,204$17,966,949$16,175,969$24,226,326
57$27,985,972$18,812,523$16,683,057$26,251,295
58$30,804,638$19,698,433$17,206,036$28,463,483
59$33,909,676$20,626,621$17,745,404$30,881,119
60$37,330,262$21,599,125$18,301,674$33,524,251
61$41,098,544$22,618,077$18,875,375$36,414,930
62$45,249,950$23,685,718$19,467,055$39,577,414
63$49,823,519$24,804,392$20,077,275$43,038,386
64$54,862,272$25,976,560$20,706,617$46,827,205
65$60,413,614$27,204,803$21,355,680$50,976,175
66$66,529,789$28,491,824$22,025,081$55,520,841
67$73,268,364$29,840,460$22,715,458$60,500,317
68$80,692,778$31,253,684$23,427,467$65,957,652
69$88,872,941$32,734,614$24,161,786$71,940,222
70$97,885,889$34,286,518$24,919,115$78,500,174
71$107,816,518$35,912,825$25,700,173$85,694,909
72$118,758,377$37,617,129$26,505,703$93,587,610
73$130,814,561$39,403,197$27,336,473$102,247,833
74$144,098,674$41,274,982$28,193,273$111,752,153
75$158,735,910$43,236,626$29,076,919$122,184,877
76$174,864,227$45,292,476$29,988,250$133,638,824
77$192,635,656$47,447,085$30,928,134$146,216,196
78$212,217,732$49,705,231$31,897,466$160,029,526
79$233,795,077$52,071,924$32,897,167$175,202,731
80$257,571,142$54,552,415$33,928,189$191,872,264
81$283,770,128$57,152,213$34,991,513$210,188,392
82$312,639,102$59,877,093$36,088,150$230,316,601
83$344,450,331$62,733,111$37,219,144$252,439,136
84$379,503,850$65,726,618$38,385,571$276,756,713
85$418,130,295$68,864,275$39,588,539$303,490,394
86$460,694,024$72,153,063$40,829,194$332,883,652
87$507,596,558$75,600,307$42,108,716$365,204,660
88$559,280,371$79,213,686$43,428,322$400,748,796
89$616,233,065$83,001,253$44,789,267$439,841,412
90$678,991,976$86,971,453$46,192,846$482,840,888
91$748,149,245$91,133,141$47,640,393$530,141,988
92$824,357,408$95,495,605$49,133,286$582,179,567
93$908,335,557$100,068,583$50,672,945$639,432,651
94$1,000,876,128$104,862,288$52,260,833$702,428,932
95$1,102,852,384$109,887,431$53,898,462$771,749,725
96$1,215,226,655$115,155,243$55,587,388$848,035,426
97$1,339,059,426$120,677,502$57,329,218$931,991,528
98$1,475,519,349$126,466,561$59,125,608$1,024,395,252
99$1,625,894,274$132,535,374$60,978,268$1,126,102,850
100$1,791,603,408$138,897,525$62,888,957$1,238,057,658