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

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,056,092
2 years$543,714$533,587$523,774$514,258$505,029$500,517
3 years$358,875$348,705$338,916$329,490$320,411$315,996
4 years$266,474$256,335$246,644$237,379$228,520$224,236
5 years$211,048$200,970$191,406$182,330$173,717$169,577
6 years$174,109$164,107$154,685$145,811$137,456$133,465
7 years$147,735$137,817$128,544$119,879$111,789$107,949
8 years$127,963$118,135$109,015$100,564$92,740$89,051
9 years$112,593$102,857$93,895$85,658$78,100$74,562
10 years$100,304$90,664$81,860$73,838$66,545$63,156
11 years$90,256$80,713$72,068$64,261$57,231$53,988
12 years$81,889$72,443$63,958$56,366$49,595$46,497
13 years$74,814$65,468$57,143$49,762$43,248$40,291
14 years$68,756$59,508$51,343$44,173$37,911$35,092
15 years$63,510$54,362$46,356$39,395$33,380$30,696
16 years$58,924$49,876$42,028$35,274$29,501$26,948
17 years$54,882$45,934$38,244$31,693$26,158$23,732
18 years$51,293$42,445$34,912$28,562$23,258$20,956
19 years$48,086$39,338$31,960$25,808$20,731$18,548
20 years$45,202$36,554$29,331$23,374$18,517$16,449
21 years$42,597$34,049$26,979$21,214$16,571$14,614
22 years$40,232$31,783$24,866$19,288$14,853$13,004
23 years$38,076$29,726$22,959$17,566$13,333$11,587
24 years$36,102$27,852$21,233$16,021$11,984$10,336
25 years$34,289$26,137$19,666$14,632$10,784$9,230
26 years$32,619$24,565$18,239$13,378$9,714$8,251
27 years$31,074$23,119$16,937$12,246$8,758$7,381
28 years$29,643$21,784$15,745$11,220$7,902$6,608
29 years$28,312$20,551$14,652$10,289$7,136$5,920
30 years$27,073$19,408$13,648$9,442$6,447$5,306
31 years$25,916$18,347$12,723$8,672$5,829$4,759
32 years$24,833$17,360$11,871$7,970$5,273$4,270
33 years$23,818$16,441$11,084$7,329$4,772$3,833
34 years$22,865$15,582$10,356$6,743$4,320$3,442
35 years$21,968$14,779$9,683$6,208$3,913$3,092
36 years$21,123$14,028$9,058$5,717$3,546$2,778
37 years$20,326$13,323$8,478$5,267$3,213$2,497
38 years$19,572$12,662$7,939$4,855$2,913$2,245
39 years$18,859$12,040$7,438$4,477$2,642$2,018
40 years$18,183$11,455$6,972$4,129$2,396$1,815
41 years$17,542$10,904$6,537$3,810$2,174$1,633
42 years$16,933$10,385$6,132$3,516$1,973$1,469
43 years$16,354$9,895$5,754$3,245$1,790$1,322
44 years$15,802$9,432$5,401$2,997$1,625$1,189
45 years$15,277$8,994$5,072$2,768$1,475$1,070
46 years$14,776$8,580$4,764$2,556$1,339$963
47 years$14,298$8,188$4,475$2,362$1,216$867
48 years$13,841$7,816$4,205$2,182$1,105$781
49 years$13,404$7,464$3,953$2,017$1,003$703
50 years$12,985$7,130$3,716$1,864$911$633

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 $6,356 every year, while hoping to spend $59,081 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: 60/26/14 Blend
49$13,300,000$13,300,000$13,300,000$13,300,000
50$14,663,156$13,958,256$13,752,106$15,491,530
51$16,095,936$14,579,349$14,149,940$16,671,302
52$17,672,880$15,228,895$14,559,121$17,950,495
53$19,408,629$15,908,227$14,979,967$19,344,506
54$21,319,318$16,618,739$15,412,805$20,864,432
55$23,422,724$17,361,892$15,857,969$22,522,473
56$25,738,436$18,139,219$16,315,805$24,332,050
57$28,288,038$18,952,322$16,786,666$26,307,924
58$31,095,314$19,802,882$17,270,916$28,466,330
59$34,186,473$20,692,660$17,768,928$30,825,133
60$37,590,391$21,623,499$18,281,085$33,403,984
61$41,338,892$22,597,331$18,807,782$36,224,509
62$45,467,039$23,616,180$19,349,424$39,310,504
63$50,013,473$24,682,169$19,906,425$42,688,155
64$55,020,769$25,797,517$20,479,212$46,386,282
65$60,535,847$26,964,554$21,068,225$50,436,606
66$66,610,405$28,185,720$21,673,913$54,874,042
67$73,301,416$29,463,569$22,296,738$59,737,024
68$80,671,657$30,800,781$22,937,175$65,067,859
69$88,790,308$32,200,161$23,595,712$70,913,125
70$97,733,600$33,664,650$24,272,850$77,324,102
71$107,585,539$35,197,329$24,969,102$84,357,248
72$118,438,694$36,801,428$25,684,997$92,074,729
73$130,395,073$38,480,330$26,421,076$100,544,992
74$143,567,084$40,237,580$27,177,896$109,843,411
75$158,078,600$42,076,895$27,956,029$120,052,985
76$174,066,122$44,002,168$28,756,061$131,265,118
77$191,680,072$46,017,479$29,578,594$143,580,468
78$211,086,209$48,127,106$30,424,247$157,109,892
79$232,467,198$50,335,530$31,293,655$171,975,482
80$256,024,329$52,647,447$32,187,469$188,311,706
81$281,979,420$55,067,782$33,106,358$206,266,671
82$310,576,909$57,601,691$34,051,010$226,003,506
83$342,086,163$60,254,583$35,022,128$247,701,893
84$376,804,019$63,032,125$36,020,437$271,559,751
85$415,057,586$65,940,256$37,046,678$297,795,094
86$457,207,333$68,985,202$38,101,615$326,648,070
87$503,650,491$72,173,487$39,186,029$358,383,224
88$554,824,803$75,511,950$40,300,723$393,291,972
89$611,212,657$79,007,760$41,446,522$431,695,345
90$673,345,638$82,668,429$42,624,270$473,946,997
91$741,809,545$86,501,834$43,834,835$520,436,533
92$817,249,924$90,516,230$45,079,107$571,593,171
93$900,378,159$94,720,268$46,358,001$627,889,768
94$991,978,191$99,123,021$47,672,453$689,847,276
95$1,092,913,911$103,733,993$49,023,425$758,039,634
96$1,204,137,324$108,563,153$50,411,903$833,099,168
97$1,326,697,530$113,620,947$51,838,901$915,722,540
98$1,461,750,630$118,918,326$53,305,457$1,006,677,301
99$1,610,570,641$124,466,770$54,812,636$1,106,809,117
100$1,774,561,518$130,278,313$56,361,531$1,217,049,725