Can I retire at age 50 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,015,240
2 years$539,626$529,576$519,835$510,392$501,232$464,004
3 years$356,177$346,083$336,368$327,013$318,002$282,062
4 years$264,470$254,408$244,790$235,594$226,802$192,425
5 years$209,461$199,459$189,967$180,959$172,411$139,688
6 years$172,800$162,873$153,521$144,714$136,423$105,378
7 years$146,624$136,781$127,577$118,978$110,948$81,575
8 years$127,001$117,246$108,195$99,807$92,042$64,316
9 years$111,746$102,084$93,189$85,014$77,513$51,397
10 years$99,550$89,982$81,244$73,283$66,045$41,495
11 years$89,578$80,106$71,526$63,778$56,801$33,767
12 years$81,273$71,899$63,477$55,942$49,222$27,649
13 years$74,252$64,975$56,713$49,388$42,923$22,752
14 years$68,239$59,061$50,957$43,841$37,626$18,797
15 years$63,032$53,953$46,007$39,099$33,129$15,580
16 years$58,481$49,501$41,712$35,009$29,279$12,947
17 years$54,469$45,589$37,956$31,455$25,961$10,782
18 years$50,907$42,126$34,649$28,347$23,083$8,996
19 years$47,724$39,042$31,720$25,614$20,575$7,516
20 years$44,863$36,280$29,111$23,199$18,378$6,287
21 years$42,277$33,793$26,776$21,054$16,446$5,265
22 years$39,930$31,544$24,679$19,143$14,742$4,413
23 years$37,790$29,503$22,786$17,434$13,233$3,701
24 years$35,831$27,642$21,073$15,901$11,894$3,106
25 years$34,032$25,941$19,518$14,522$10,703$2,607
26 years$32,373$24,380$18,102$13,278$9,641$2,190
27 years$30,841$22,945$16,809$12,153$8,692$1,840
28 years$29,420$21,621$15,627$11,135$7,843$1,547
29 years$28,100$20,397$14,542$10,211$7,082$1,300
30 years$26,869$19,262$13,545$9,371$6,399$1,093
31 years$25,721$18,209$12,628$8,607$5,785$919
32 years$24,647$17,230$11,782$7,910$5,233$773
33 years$23,639$16,317$11,001$7,274$4,736$651
34 years$22,693$15,465$10,279$6,693$4,288$547
35 years$21,803$14,668$9,610$6,161$3,884$460
36 years$20,965$13,922$8,990$5,674$3,519$387
37 years$20,173$13,223$8,414$5,228$3,189$326
38 years$19,425$12,566$7,880$4,819$2,891$274
39 years$18,717$11,949$7,382$4,443$2,622$231
40 years$18,046$11,369$6,919$4,098$2,378$194
41 years$17,410$10,822$6,488$3,781$2,158$164
42 years$16,806$10,307$6,086$3,489$1,958$138
43 years$16,231$9,820$5,711$3,221$1,777$116
44 years$15,683$9,361$5,361$2,974$1,613$98
45 years$15,162$8,926$5,034$2,747$1,464$82
46 years$14,665$8,515$4,728$2,537$1,329$69
47 years$14,190$8,126$4,442$2,344$1,207$58
48 years$13,737$7,757$4,174$2,166$1,096$49
49 years$13,303$7,408$3,923$2,002$996$41
50 years$12,888$7,076$3,688$1,850$904$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $13,200,000, adding $4,964 every year, while hoping to spend $32,624 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: 52/36/12 Blend
49$13,200,000$13,200,000$13,200,000$13,200,000
50$14,551,520$13,851,920$13,647,320$15,261,801
51$16,001,064$14,495,953$14,069,794$16,391,030
52$17,597,367$15,170,449$14,505,327$17,614,589
53$19,355,366$15,876,868$14,954,322$18,944,533
54$21,291,517$16,616,739$15,417,196$20,390,922
55$23,423,955$17,391,662$15,894,376$21,964,806
56$25,772,664$18,203,320$16,386,303$23,678,326
57$28,359,665$19,053,471$16,893,433$25,544,822
58$31,209,222$19,943,963$17,416,235$27,578,954
59$34,348,077$20,876,731$17,955,192$29,796,836
60$37,805,692$21,853,803$18,510,803$32,216,182
61$41,614,540$22,877,306$19,083,582$34,856,463
62$45,810,398$23,949,469$19,674,057$37,739,092
63$50,432,696$25,072,631$20,282,776$40,887,613
64$55,524,883$26,249,241$20,910,300$44,327,918
65$61,134,835$27,481,868$21,557,210$48,088,487
66$67,315,315$28,773,207$22,224,103$52,200,644
67$74,124,463$30,126,080$22,911,596$56,698,850
68$81,626,348$31,543,447$23,620,324$61,621,016
69$89,891,573$33,028,414$24,350,943$67,008,853
70$98,997,940$34,584,232$25,104,126$72,908,257
71$109,031,185$36,214,315$25,880,569$79,369,734
72$120,085,789$37,922,239$26,680,990$86,448,864
73$132,265,864$39,711,753$27,506,129$94,206,817
74$145,686,144$41,586,791$28,356,746$102,710,919
75$160,473,061$43,551,474$29,233,627$112,035,274
76$176,765,942$45,610,125$30,137,582$122,261,456
77$194,718,322$47,767,275$31,069,445$133,479,261
78$214,499,396$50,027,677$32,030,077$145,787,547
79$236,295,614$52,396,313$33,020,364$159,295,147
80$260,312,440$54,878,406$34,041,220$174,121,888
81$286,776,295$57,479,433$35,093,587$190,399,703
82$315,936,691$60,205,139$36,178,435$208,273,861
83$348,068,587$63,061,544$37,296,766$227,904,325
84$383,474,986$66,054,964$38,449,612$249,467,239
85$422,489,796$69,192,018$39,638,035$273,156,578
86$465,480,977$72,479,649$40,863,131$299,185,957
87$512,854,022$75,925,137$42,126,031$327,790,627
88$565,055,777$79,536,114$43,427,898$359,229,677
89$622,578,667$83,320,584$44,769,934$393,788,458
90$685,965,339$87,286,940$46,153,374$431,781,251
91$755,813,786$91,443,983$47,579,494$473,554,212
92$832,782,994$95,800,940$49,049,609$519,488,614
93$917,599,161$100,367,488$50,565,073$570,004,421
94$1,011,062,555$105,153,775$52,127,283$625,564,223
95$1,114,055,066$110,170,440$53,737,677$686,677,576
96$1,227,548,534$115,428,642$55,397,740$753,905,781
97$1,352,613,920$120,940,082$57,109,001$827,867,151
98$1,490,431,422$126,717,028$58,873,034$909,242,813
99$1,642,301,612$132,772,347$60,691,466$998,783,111
100$1,809,657,717$139,119,532$62,565,970$1,097,314,641