Can I retire at age 50 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,029,852
2 years$535,538$525,564$515,897$506,525$497,434$482,592
3 years$353,479$343,462$333,820$324,536$315,593$301,130
4 years$262,467$252,481$242,935$233,810$225,083$211,112
5 years$207,874$197,948$188,528$179,588$171,105$157,665
6 years$171,491$161,639$152,358$143,618$135,389$122,497
7 years$145,513$135,744$126,611$118,076$110,108$97,767
8 years$126,039$116,358$107,376$99,051$91,345$79,554
9 years$110,900$101,311$92,483$84,370$76,926$65,680
10 years$98,796$89,300$80,629$72,728$65,545$54,835
11 years$88,899$79,499$70,984$63,295$56,371$46,186
12 years$80,658$71,354$62,997$55,518$48,850$39,179
13 years$73,689$64,483$56,283$49,014$42,598$33,428
14 years$67,722$58,613$50,571$43,509$37,341$28,658
15 years$62,555$53,544$45,659$38,803$32,878$24,666
16 years$58,038$49,126$41,396$34,744$29,058$21,302
17 years$54,057$45,243$37,669$31,217$25,764$18,448
18 years$50,522$41,807$34,387$28,133$22,909$16,015
19 years$47,362$38,746$31,480$25,420$20,419$13,932
20 years$44,523$36,005$28,890$23,023$18,239$12,141
21 years$41,957$33,537$26,574$20,895$16,321$10,596
22 years$39,627$31,305$24,492$18,998$14,630$9,260
23 years$37,503$29,279$22,614$17,302$13,133$8,101
24 years$35,559$27,433$20,914$15,780$11,804$7,095
25 years$33,774$25,744$19,370$14,412$10,622$6,219
26 years$32,128$24,196$17,965$13,177$9,568$5,455
27 years$30,607$22,771$16,682$12,061$8,626$4,788
28 years$29,197$21,457$15,508$11,051$7,783$4,205
29 years$27,887$20,242$14,432$10,134$7,028$3,695
30 years$26,666$19,117$13,443$9,300$6,350$3,248
31 years$25,526$18,071$12,532$8,542$5,741$2,856
32 years$24,460$17,099$11,693$7,850$5,194$2,512
33 years$23,460$16,193$10,918$7,219$4,700$2,211
34 years$22,521$15,348$10,201$6,642$4,255$1,946
35 years$21,638$14,557$9,537$6,114$3,854$1,713
36 years$20,806$13,817$8,922$5,631$3,492$1,508
37 years$20,020$13,123$8,350$5,188$3,165$1,328
38 years$19,278$12,471$7,820$4,782$2,869$1,170
39 years$18,575$11,859$7,326$4,409$2,602$1,031
40 years$17,910$11,283$6,867$4,067$2,360$908
41 years$17,278$10,740$6,439$3,752$2,141$800
42 years$16,678$10,229$6,040$3,463$1,943$705
43 years$16,108$9,746$5,668$3,197$1,763$622
44 years$15,565$9,290$5,320$2,952$1,601$548
45 years$15,047$8,859$4,995$2,726$1,453$483
46 years$14,554$8,451$4,692$2,518$1,319$426
47 years$14,083$8,065$4,408$2,326$1,198$375
48 years$13,632$7,699$4,142$2,150$1,088$331
49 years$13,202$7,352$3,893$1,987$988$292
50 years$12,790$7,023$3,660$1,836$898$257

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $13,100,000, adding $5,702 every year, while hoping to spend $42,711 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: 67/24/9 Blend
49$13,100,000$13,100,000$13,100,000$13,100,000
50$14,442,082$13,747,782$13,544,732$15,383,682
51$15,869,730$14,375,979$13,953,036$16,638,171
52$17,441,567$15,033,526$14,373,587$18,003,502
53$19,172,254$15,721,817$14,806,750$19,495,035
54$21,077,949$16,442,310$15,252,901$21,125,103
55$23,176,453$17,196,537$15,712,426$22,907,270
56$25,487,384$17,986,100$16,185,726$24,856,462
57$28,032,359$18,812,681$16,673,209$26,989,100
58$30,835,197$19,678,039$17,175,299$29,323,255
59$33,922,145$20,584,022$17,692,430$31,878,812
60$37,322,128$21,532,563$18,225,050$34,677,654
61$41,067,017$22,525,690$18,773,621$37,743,868
62$45,191,932$23,565,528$19,338,617$41,103,962
63$49,735,575$24,654,305$19,920,526$44,787,120
64$54,740,593$25,794,355$20,519,853$48,825,463
65$60,253,980$26,988,125$21,137,115$53,254,354
66$66,327,523$28,238,181$21,772,845$58,112,723
67$73,018,288$29,547,209$22,427,593$63,443,434
68$80,389,159$30,918,028$23,101,924$69,293,680
69$88,509,435$32,353,593$23,796,419$75,715,421
70$97,455,476$33,856,998$24,511,679$82,765,877
71$107,311,434$35,431,490$25,248,319$90,508,052
72$118,170,037$37,080,470$26,006,974$99,011,328
73$130,133,472$38,807,504$26,788,299$108,352,112
74$143,314,346$40,616,331$27,592,967$118,614,549
75$157,836,747$42,510,870$28,421,669$129,891,313
76$173,837,420$44,495,227$29,275,120$142,284,465
77$191,467,053$46,573,709$30,154,052$155,906,420
78$210,891,702$48,750,831$31,059,223$170,880,988
79$232,294,359$51,031,325$31,991,410$187,344,545
80$255,876,675$53,420,151$32,951,414$205,447,302
81$281,860,868$55,922,511$33,940,059$225,354,717
82$310,491,820$58,543,857$34,958,194$247,249,047
83$342,039,385$61,289,906$36,006,693$271,331,059
84$376,800,939$64,166,648$37,086,454$297,821,908
85$415,104,189$67,180,367$38,198,404$326,965,223
86$457,310,260$70,337,650$39,343,495$359,029,383
87$503,817,113$73,645,401$40,522,708$394,310,049
88$555,063,293$77,110,860$41,737,053$433,132,933
89$611,532,073$80,741,616$42,987,568$475,856,863
90$673,756,017$84,545,628$44,275,325$522,877,155
91$742,322,005$88,531,238$45,601,422$574,629,329
92$817,876,774$92,707,193$46,966,995$631,593,206
93$901,133,024$97,082,665$48,373,208$694,297,418
94$992,876,146$101,667,269$49,821,264$763,324,383
95$1,093,971,634$106,471,086$51,312,397$839,315,784
96$1,205,373,258$111,504,687$52,847,881$922,978,607
97$1,328,132,069$116,779,155$54,429,023$1,015,091,798
98$1,463,406,316$122,306,110$56,057,171$1,116,513,590
99$1,612,472,388$128,097,736$57,733,714$1,228,189,587
100$1,776,736,855$134,166,809$59,460,077$1,351,161,669