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%19.6%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,012,023
2 years$539,626$529,576$519,835$510,392$501,232$460,848
3 years$356,177$346,083$336,368$327,013$318,002$279,070
4 years$264,470$254,408$244,790$235,594$226,802$189,617
5 years$209,461$199,459$189,967$180,959$172,411$137,070
6 years$172,800$162,873$153,521$144,714$136,423$102,948
7 years$146,624$136,781$127,577$118,978$110,948$79,330
8 years$127,001$117,246$108,195$99,807$92,042$62,249
9 years$111,746$102,084$93,189$85,014$77,513$49,502
10 years$99,550$89,982$81,244$73,283$66,045$39,763
11 years$89,578$80,106$71,526$63,778$56,801$32,190
12 years$81,273$71,899$63,477$55,942$49,222$26,217
13 years$74,252$64,975$56,713$49,388$42,923$21,456
14 years$68,239$59,061$50,957$43,841$37,626$17,627
15 years$63,032$53,953$46,007$39,099$33,129$14,527
16 years$58,481$49,501$41,712$35,009$29,279$12,002
17 years$54,469$45,589$37,956$31,455$25,961$9,937
18 years$50,907$42,126$34,649$28,347$23,083$8,241
19 years$47,724$39,042$31,720$25,614$20,575$6,844
20 years$44,863$36,280$29,111$23,199$18,378$5,690
21 years$42,277$33,793$26,776$21,054$16,446$4,735
22 years$39,930$31,544$24,679$19,143$14,742$3,944
23 years$37,790$29,503$22,786$17,434$13,233$3,287
24 years$35,831$27,642$21,073$15,901$11,894$2,741
25 years$34,032$25,941$19,518$14,522$10,703$2,286
26 years$32,373$24,380$18,102$13,278$9,641$1,908
27 years$30,841$22,945$16,809$12,153$8,692$1,593
28 years$29,420$21,621$15,627$11,135$7,843$1,330
29 years$28,100$20,397$14,542$10,211$7,082$1,111
30 years$26,869$19,262$13,545$9,371$6,399$928
31 years$25,721$18,209$12,628$8,607$5,785$775
32 years$24,647$17,230$11,782$7,910$5,233$648
33 years$23,639$16,317$11,001$7,274$4,736$541
34 years$22,693$15,465$10,279$6,693$4,288$452
35 years$21,803$14,668$9,610$6,161$3,884$378
36 years$20,965$13,922$8,990$5,674$3,519$316
37 years$20,173$13,223$8,414$5,228$3,189$264
38 years$19,425$12,566$7,880$4,819$2,891$221
39 years$18,717$11,949$7,382$4,443$2,622$185
40 years$18,046$11,369$6,919$4,098$2,378$154
41 years$17,410$10,822$6,488$3,781$2,158$129
42 years$16,806$10,307$6,086$3,489$1,958$108
43 years$16,231$9,820$5,711$3,221$1,777$90
44 years$15,683$9,361$5,361$2,974$1,613$75
45 years$15,162$8,926$5,034$2,747$1,464$63
46 years$14,665$8,515$4,728$2,537$1,329$53
47 years$14,190$8,126$4,442$2,344$1,207$44
48 years$13,737$7,757$4,174$2,166$1,096$37
49 years$13,303$7,408$3,923$2,002$996$31
50 years$12,888$7,076$3,688$1,850$904$26

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 $5,143 every year, while hoping to spend $40,269 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: 38/38/24 Blend
49$13,200,000$13,200,000$13,200,000$13,200,000
50$14,551,705$13,852,105$13,647,505$15,000,178
51$15,993,133$14,488,012$14,061,851$15,963,200
52$17,580,237$15,153,729$14,488,727$16,999,155
53$19,327,833$15,850,674$14,928,512$18,117,970
54$21,252,249$16,580,334$15,381,593$19,327,171
55$23,371,473$17,344,265$15,848,371$20,635,012
56$25,705,331$18,144,101$16,329,259$22,050,548
57$28,275,665$18,981,553$16,824,680$23,583,714
58$31,106,549$19,858,415$17,335,072$25,245,414
59$34,224,505$20,776,566$17,860,886$27,047,615
60$37,658,763$21,737,976$18,402,584$29,003,458
61$41,441,532$22,744,711$18,960,646$31,127,374
62$45,608,302$23,798,937$19,535,561$33,435,208
63$50,198,185$24,902,920$20,127,839$35,944,370
64$55,254,278$26,059,041$20,737,999$38,673,984
65$60,824,072$27,269,792$21,366,580$41,645,066
66$66,959,901$28,537,786$22,014,134$44,880,710
67$73,719,437$29,865,763$22,681,233$48,406,299
68$81,166,228$31,256,594$23,368,463$52,249,735
69$89,370,305$32,713,288$24,076,428$56,441,696
70$98,408,839$34,239,003$24,805,751$61,015,908
71$108,366,870$35,837,044$25,557,074$66,009,462
72$119,338,112$37,510,880$26,331,057$71,463,146
73$131,425,831$39,264,145$27,128,379$77,421,823
74$144,743,828$41,100,649$27,949,742$83,934,840
75$159,417,505$43,024,389$28,795,865$91,056,483
76$175,585,057$45,039,550$29,667,493$98,846,475
77$193,398,769$47,150,524$30,565,390$107,370,528
78$213,026,456$49,361,912$31,490,343$116,700,945
79$234,653,050$51,678,541$32,443,165$126,917,293
80$258,482,339$54,105,468$33,424,689$138,107,136
81$284,738,899$56,647,997$34,435,777$150,366,843
82$313,670,205$59,311,687$35,477,315$163,802,484
83$345,548,975$62,102,369$36,550,213$178,530,812
84$380,675,738$65,026,152$37,655,413$194,680,346
85$419,381,675$68,089,446$38,793,881$212,392,565
86$462,031,744$71,298,966$39,966,614$231,823,225
87$509,028,123$74,661,757$41,174,637$253,143,804
88$560,814,011$78,185,203$42,419,007$276,543,102
89$617,877,808$81,877,046$43,700,812$302,228,997
90$680,757,726$85,745,403$45,021,171$330,430,385
91$750,046,872$89,798,785$46,381,238$361,399,314
92$826,398,845$94,046,117$47,782,201$395,413,337
93$910,533,905$98,496,755$49,225,282$432,778,105
94$1,003,245,776$103,160,509$50,711,742$473,830,220
95$1,105,409,136$108,047,665$52,242,877$518,940,385
96$1,217,987,877$113,169,009$53,820,022$568,516,869
97$1,342,044,199$118,535,850$55,444,552$623,009,329
98$1,478,748,646$124,160,045$57,117,882$682,913,021
99$1,629,391,148$130,054,027$58,841,472$748,773,433
100$1,795,393,205$136,230,834$60,616,821$821,191,402