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%17.3%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,021,348
2 years$539,626$529,576$519,835$510,392$501,232$470,017
3 years$356,177$346,083$336,368$327,013$318,002$287,790
4 years$264,470$254,408$244,790$235,594$226,802$197,825
5 years$209,461$199,459$189,967$180,959$172,411$144,747
6 years$172,800$162,873$153,521$144,714$136,423$110,097
7 years$146,624$136,781$127,577$118,978$110,948$85,960
8 years$127,001$117,246$108,195$99,807$92,042$68,376
9 years$111,746$102,084$93,189$85,014$77,513$55,144
10 years$99,550$89,982$81,244$73,283$66,045$44,943
11 years$89,578$80,106$71,526$63,778$56,801$36,929
12 years$81,273$71,899$63,477$55,942$49,222$30,541
13 years$74,252$64,975$56,713$49,388$42,923$25,390
14 years$68,239$59,061$50,957$43,841$37,626$21,196
15 years$63,032$53,953$46,007$39,099$33,129$17,756
16 years$58,481$49,501$41,712$35,009$29,279$14,916
17 years$54,469$45,589$37,956$31,455$25,961$12,560
18 years$50,907$42,126$34,649$28,347$23,083$10,596
19 years$47,724$39,042$31,720$25,614$20,575$8,954
20 years$44,863$36,280$29,111$23,199$18,378$7,577
21 years$42,277$33,793$26,776$21,054$16,446$6,419
22 years$39,930$31,544$24,679$19,143$14,742$5,443
23 years$37,790$29,503$22,786$17,434$13,233$4,619
24 years$35,831$27,642$21,073$15,901$11,894$3,923
25 years$34,032$25,941$19,518$14,522$10,703$3,333
26 years$32,373$24,380$18,102$13,278$9,641$2,834
27 years$30,841$22,945$16,809$12,153$8,692$2,410
28 years$29,420$21,621$15,627$11,135$7,843$2,051
29 years$28,100$20,397$14,542$10,211$7,082$1,745
30 years$26,869$19,262$13,545$9,371$6,399$1,486
31 years$25,721$18,209$12,628$8,607$5,785$1,265
32 years$24,647$17,230$11,782$7,910$5,233$1,077
33 years$23,639$16,317$11,001$7,274$4,736$918
34 years$22,693$15,465$10,279$6,693$4,288$782
35 years$21,803$14,668$9,610$6,161$3,884$666
36 years$20,965$13,922$8,990$5,674$3,519$567
37 years$20,173$13,223$8,414$5,228$3,189$483
38 years$19,425$12,566$7,880$4,819$2,891$412
39 years$18,717$11,949$7,382$4,443$2,622$351
40 years$18,046$11,369$6,919$4,098$2,378$299
41 years$17,410$10,822$6,488$3,781$2,158$255
42 years$16,806$10,307$6,086$3,489$1,958$217
43 years$16,231$9,820$5,711$3,221$1,777$185
44 years$15,683$9,361$5,361$2,974$1,613$158
45 years$15,162$8,926$5,034$2,747$1,464$135
46 years$14,665$8,515$4,728$2,537$1,329$115
47 years$14,190$8,126$4,442$2,344$1,207$98
48 years$13,737$7,757$4,174$2,166$1,096$83
49 years$13,303$7,408$3,923$2,002$996$71
50 years$12,888$7,076$3,688$1,850$904$61

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 $4,357 every year, while hoping to spend $34,546 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: 43/32/25 Blend
49$13,200,000$13,200,000$13,200,000$13,200,000
50$14,550,894$13,851,294$13,646,694$15,070,349
51$15,998,329$14,493,251$14,067,102$16,083,146
52$17,592,244$15,165,506$14,500,435$17,176,143
53$19,347,544$15,869,507$14,947,091$18,359,714
54$21,280,653$16,606,772$15,407,478$19,642,258
55$23,409,668$17,378,892$15,882,017$21,032,994
56$25,754,532$18,187,536$16,371,142$22,542,043
57$28,337,219$19,034,451$16,875,301$24,180,522
58$31,181,947$19,921,470$17,394,955$25,960,639
59$34,315,398$20,850,514$17,930,578$27,895,808
60$37,766,977$21,823,598$18,482,661$30,000,763
61$41,569,087$22,842,832$19,051,708$32,291,699
62$45,757,433$23,910,430$19,638,240$34,786,412
63$50,371,362$25,028,712$20,242,791$37,504,464
64$55,454,231$26,200,109$20,865,916$40,467,362
65$61,053,821$27,427,173$21,508,182$43,698,747
66$67,222,781$28,712,575$22,170,176$47,224,618
67$74,019,131$30,059,118$22,852,504$51,073,566
68$81,506,808$31,469,740$23,555,788$55,277,034
69$89,756,266$32,947,520$24,280,670$59,869,608
70$98,845,145$34,495,689$25,027,813$64,889,334
71$108,859,002$36,117,630$25,797,897$70,378,066
72$119,892,120$37,816,894$26,591,626$76,381,855
73$132,048,395$39,597,201$27,409,725$82,951,368
74$145,442,320$41,462,452$28,252,939$90,142,361
75$160,200,062$43,416,738$29,122,038$98,016,194
76$176,460,657$45,464,346$30,017,815$106,640,392
77$194,377,318$47,609,773$30,941,086$116,089,279
78$214,118,885$49,857,733$31,892,693$126,444,661
79$235,871,418$52,213,168$32,873,504$137,796,587
80$259,839,949$54,681,260$33,884,413$150,244,185
81$286,250,424$57,267,442$34,926,341$163,896,584
82$315,351,832$59,977,411$36,000,239$178,873,927
83$347,418,556$62,817,141$37,107,083$195,308,492
84$382,752,961$65,792,894$38,247,883$213,345,921
85$421,688,254$68,911,237$39,423,678$233,146,579
86$464,591,624$72,179,054$40,635,539$254,887,051
87$511,867,708$75,603,567$41,884,569$278,761,787
88$563,962,417$79,192,345$43,171,904$304,984,923
89$621,367,139$82,953,325$44,498,719$333,792,273
90$684,623,380$86,894,831$45,866,218$365,443,543
91$754,327,877$91,025,589$47,275,648$400,224,754
92$831,138,229$95,354,751$48,728,291$438,450,919
93$915,779,107$99,891,913$50,225,468$480,468,994
94$1,009,049,095$104,647,137$51,768,541$526,661,125
95$1,111,828,229$109,630,972$53,358,913$577,448,230
96$1,225,086,302$114,854,484$54,998,030$633,293,943
97$1,349,892,024$120,329,273$56,687,383$694,708,964
98$1,487,423,108$126,067,504$58,428,508$762,255,843
99$1,638,977,388$132,081,935$60,222,986$836,554,265
100$1,805,985,074$138,385,942$62,072,448$918,286,859