Can I retire at age 50 with 13,300,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $13,300,000?

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$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,019,690
2 years$543,714$533,587$523,774$514,258$505,029$464,340
3 years$358,875$348,705$338,916$329,490$320,411$281,184
4 years$266,474$256,335$246,644$237,379$228,520$191,054
5 years$211,048$200,970$191,406$182,330$173,717$138,108
6 years$174,109$164,107$154,685$145,811$137,456$103,728
7 years$147,735$137,817$128,544$119,879$111,789$79,931
8 years$127,963$118,135$109,015$100,564$92,740$62,721
9 years$112,593$102,857$93,895$85,658$78,100$49,877
10 years$100,304$90,664$81,860$73,838$66,545$40,065
11 years$90,256$80,713$72,068$64,261$57,231$32,433
12 years$81,889$72,443$63,958$56,366$49,595$26,416
13 years$74,814$65,468$57,143$49,762$43,248$21,618
14 years$68,756$59,508$51,343$44,173$37,911$17,761
15 years$63,510$54,362$46,356$39,395$33,380$14,637
16 years$58,924$49,876$42,028$35,274$29,501$12,093
17 years$54,882$45,934$38,244$31,693$26,158$10,012
18 years$51,293$42,445$34,912$28,562$23,258$8,303
19 years$48,086$39,338$31,960$25,808$20,731$6,895
20 years$45,202$36,554$29,331$23,374$18,517$5,733
21 years$42,597$34,049$26,979$21,214$16,571$4,771
22 years$40,232$31,783$24,866$19,288$14,853$3,974
23 years$38,076$29,726$22,959$17,566$13,333$3,312
24 years$36,102$27,852$21,233$16,021$11,984$2,761
25 years$34,289$26,137$19,666$14,632$10,784$2,304
26 years$32,619$24,565$18,239$13,378$9,714$1,923
27 years$31,074$23,119$16,937$12,246$8,758$1,605
28 years$29,643$21,784$15,745$11,220$7,902$1,340
29 years$28,312$20,551$14,652$10,289$7,136$1,119
30 years$27,073$19,408$13,648$9,442$6,447$935
31 years$25,916$18,347$12,723$8,672$5,829$781
32 years$24,833$17,360$11,871$7,970$5,273$653
33 years$23,818$16,441$11,084$7,329$4,772$545
34 years$22,865$15,582$10,356$6,743$4,320$456
35 years$21,968$14,779$9,683$6,208$3,913$381
36 years$21,123$14,028$9,058$5,717$3,546$318
37 years$20,326$13,323$8,478$5,267$3,213$266
38 years$19,572$12,662$7,939$4,855$2,913$223
39 years$18,859$12,040$7,438$4,477$2,642$186
40 years$18,183$11,455$6,972$4,129$2,396$156
41 years$17,542$10,904$6,537$3,810$2,174$130
42 years$16,933$10,385$6,132$3,516$1,973$109
43 years$16,354$9,895$5,754$3,245$1,790$91
44 years$15,802$9,432$5,401$2,997$1,625$76
45 years$15,277$8,994$5,072$2,768$1,475$64
46 years$14,776$8,580$4,764$2,556$1,339$53
47 years$14,298$8,188$4,475$2,362$1,216$44
48 years$13,841$7,816$4,205$2,182$1,105$37
49 years$13,404$7,464$3,953$2,017$1,003$31
50 years$12,985$7,130$3,716$1,864$911$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $13,300,000, adding $6,294 every year, while hoping to spend $34,535 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: 45/30/25 Blend
49$13,300,000$13,300,000$13,300,000$13,300,000
50$14,663,092$13,958,192$13,752,042$15,216,807
51$16,121,983$14,605,399$14,175,991$16,256,466
52$17,728,522$15,283,161$14,612,984$17,379,429
53$19,497,735$15,992,939$15,063,423$18,596,613
54$21,446,177$16,736,265$15,527,719$19,916,818
55$23,592,088$17,514,744$16,006,300$21,349,704
56$25,955,573$18,330,058$16,499,602$22,905,882
57$28,558,781$19,183,971$17,008,079$24,597,010
58$31,426,122$20,078,331$17,532,195$26,435,895
59$34,584,494$21,015,077$18,072,431$28,436,608
60$38,063,537$21,996,239$18,629,281$30,614,616
61$41,895,911$23,023,949$19,203,256$32,986,917
62$46,117,610$24,100,438$19,794,881$35,572,198
63$50,768,294$25,228,047$20,404,697$38,391,004
64$55,891,668$26,409,230$21,033,263$41,465,925
65$61,535,894$27,646,558$21,681,153$44,821,802
66$67,754,044$28,942,729$22,348,961$48,485,956
67$74,604,603$30,300,568$23,037,297$52,488,436
68$82,152,017$31,723,041$23,746,791$56,862,298
69$90,467,307$33,213,254$24,478,093$61,643,905
70$99,628,733$34,774,464$25,231,870$66,873,266
71$109,722,539$36,410,088$26,008,812$72,594,401
72$120,843,760$38,123,704$26,809,629$78,855,749
73$133,097,126$39,919,068$27,635,054$85,710,617
74$146,598,045$41,800,115$28,485,841$93,217,668
75$161,473,695$43,770,970$29,362,767$101,441,470
76$177,864,226$45,835,962$30,266,633$110,453,091
77$195,924,077$47,999,624$31,198,265$120,330,760
78$215,823,441$50,266,714$32,158,515$131,160,591
79$237,749,866$52,642,216$33,148,259$143,037,385
80$261,910,028$55,131,360$34,168,401$156,065,513
81$288,531,681$57,739,627$35,219,873$170,359,882
82$317,865,807$60,472,764$36,303,634$186,047,013
83$350,188,988$63,336,798$37,420,674$203,266,214
84$385,806,010$66,338,047$38,572,012$222,170,880
85$425,052,748$69,483,135$39,758,699$242,929,929
86$468,299,330$72,779,011$40,981,818$265,729,374
87$515,953,636$76,232,957$42,242,483$290,774,062
88$568,465,147$79,852,612$43,541,846$318,289,592
89$626,329,185$83,645,983$44,881,091$348,524,422
90$690,091,594$87,621,468$46,261,440$381,752,193
91$760,353,889$91,787,873$47,684,150$418,274,292
92$837,778,936$96,154,428$49,150,519$458,422,677
93$923,097,209$100,730,818$50,661,884$502,562,983
94$1,017,113,689$105,527,192$52,219,621$551,097,948
95$1,120,715,457$110,554,196$53,825,150$604,471,194
96$1,234,880,074$115,822,993$55,479,934$663,171,386
97$1,360,684,810$121,345,287$57,185,479$727,736,813
98$1,499,316,808$127,133,353$58,943,340$798,760,445
99$1,652,084,297$133,200,063$60,755,117$876,895,497
100$1,820,428,942$139,558,912$62,622,460$962,861,564