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%12.7%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,048,613
2 years$543,714$533,587$523,774$514,258$505,029$493,001
3 years$358,875$348,705$338,916$329,490$320,411$308,676
4 years$266,474$256,335$246,644$237,379$228,520$217,169
5 years$211,048$200,970$191,406$182,330$173,717$162,783
6 years$174,109$164,107$154,685$145,811$137,456$126,952
7 years$147,735$137,817$128,544$119,879$111,789$101,719
8 years$127,963$118,135$109,015$100,564$92,740$83,104
9 years$112,593$102,857$93,895$85,658$78,100$68,894
10 years$100,304$90,664$81,860$73,838$66,545$57,763
11 years$90,256$80,713$72,068$64,261$57,231$48,865
12 years$81,889$72,443$63,958$56,366$49,595$41,637
13 years$74,814$65,468$57,143$49,762$43,248$35,688
14 years$68,756$59,508$51,343$44,173$37,911$30,738
15 years$63,510$54,362$46,356$39,395$33,380$26,583
16 years$58,924$49,876$42,028$35,274$29,501$23,068
17 years$54,882$45,934$38,244$31,693$26,158$20,077
18 years$51,293$42,445$34,912$28,562$23,258$17,517
19 years$48,086$39,338$31,960$25,808$20,731$15,316
20 years$45,202$36,554$29,331$23,374$18,517$13,416
21 years$42,597$34,049$26,979$21,214$16,571$11,771
22 years$40,232$31,783$24,866$19,288$14,853$10,341
23 years$38,076$29,726$22,959$17,566$13,333$9,096
24 years$36,102$27,852$21,233$16,021$11,984$8,010
25 years$34,289$26,137$19,666$14,632$10,784$7,059
26 years$32,619$24,565$18,239$13,378$9,714$6,226
27 years$31,074$23,119$16,937$12,246$8,758$5,496
28 years$29,643$21,784$15,745$11,220$7,902$4,854
29 years$28,312$20,551$14,652$10,289$7,136$4,289
30 years$27,073$19,408$13,648$9,442$6,447$3,792
31 years$25,916$18,347$12,723$8,672$5,829$3,354
32 years$24,833$17,360$11,871$7,970$5,273$2,968
33 years$23,818$16,441$11,084$7,329$4,772$2,627
34 years$22,865$15,582$10,356$6,743$4,320$2,326
35 years$21,968$14,779$9,683$6,208$3,913$2,059
36 years$21,123$14,028$9,058$5,717$3,546$1,824
37 years$20,326$13,323$8,478$5,267$3,213$1,616
38 years$19,572$12,662$7,939$4,855$2,913$1,432
39 years$18,859$12,040$7,438$4,477$2,642$1,269
40 years$18,183$11,455$6,972$4,129$2,396$1,125
41 years$17,542$10,904$6,537$3,810$2,174$997
42 years$16,933$10,385$6,132$3,516$1,973$884
43 years$16,354$9,895$5,754$3,245$1,790$784
44 years$15,802$9,432$5,401$2,997$1,625$695
45 years$15,277$8,994$5,072$2,768$1,475$616
46 years$14,776$8,580$4,764$2,556$1,339$547
47 years$14,298$8,188$4,475$2,362$1,216$485
48 years$13,841$7,816$4,205$2,182$1,105$430
49 years$13,404$7,464$3,953$2,017$1,003$381
50 years$12,985$7,130$3,716$1,864$911$338

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 $2,580 every year, while hoping to spend $24,815 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: 38/33/29 Blend
49$13,300,000$13,300,000$13,300,000$13,300,000
50$14,659,261$13,954,361$13,748,211$15,089,667
51$16,128,103$14,611,722$14,182,373$16,064,321
52$17,745,935$15,300,462$14,630,248$17,114,514
53$19,527,928$16,022,092$15,092,269$18,249,078
54$21,490,799$16,778,197$15,568,883$19,475,696
55$23,652,970$17,570,438$16,060,550$20,802,796
56$26,034,741$18,400,558$16,567,746$22,239,625
57$28,658,482$19,270,382$17,090,963$23,796,328
58$31,548,842$20,181,826$17,630,705$25,484,043
59$34,732,986$21,136,897$18,187,496$27,314,998
60$38,240,846$22,137,701$18,761,873$29,302,616
61$42,105,409$23,186,445$19,354,392$31,461,642
62$46,363,023$24,285,443$19,965,627$33,808,270
63$51,053,744$25,437,123$20,596,168$36,360,291
64$56,221,712$26,644,028$21,246,625$39,137,254
65$61,915,567$27,908,826$21,917,628$42,160,638
66$68,188,913$29,234,316$22,609,826$45,454,054
67$75,100,815$30,623,430$23,323,888$49,043,452
68$82,716,364$32,079,245$24,060,505$52,957,363
69$91,107,291$33,604,986$24,820,390$57,227,153
70$100,352,639$35,204,034$25,604,277$61,887,315
71$110,539,513$36,879,937$26,412,925$66,975,778
72$121,763,902$38,636,412$27,247,117$72,534,262
73$134,131,584$40,477,360$28,107,659$78,608,653
74$147,759,123$42,406,868$28,995,383$85,249,430
75$162,774,974$44,429,225$29,911,149$92,512,126
76$179,320,691$46,548,927$30,855,842$100,457,840
77$197,552,266$48,770,689$31,830,377$109,153,800
78$217,641,598$51,099,453$32,835,695$118,673,987
79$239,778,121$53,540,406$33,872,771$129,099,813
80$264,170,586$56,098,984$34,942,606$140,520,879
81$291,049,039$58,780,887$36,046,237$153,035,801
82$320,666,986$61,592,095$37,184,730$166,753,128
83$353,303,788$64,538,877$38,359,188$181,792,346
84$389,267,299$67,627,807$39,570,746$198,284,988
85$428,896,775$70,865,781$40,820,577$216,375,859
86$472,566,069$74,260,027$42,109,890$236,224,380
87$520,687,169$77,818,130$43,439,932$258,006,073
88$573,714,082$81,548,039$44,811,991$281,914,196
89$632,147,119$85,458,094$46,227,393$308,161,545
90$696,537,623$89,557,038$47,687,509$336,982,438
91$767,493,171$93,854,043$49,193,751$368,634,901
92$845,683,309$98,358,726$50,747,576$403,403,080
93$931,845,874$103,081,172$52,350,488$441,599,893
94$1,026,793,962$108,031,958$54,004,038$483,569,960
95$1,131,423,599$113,222,177$55,709,826$529,692,819
96$1,246,722,204$118,663,461$57,469,503$580,386,484
97$1,373,777,908$124,368,010$59,284,770$636,111,354
98$1,513,789,830$130,348,618$61,157,386$697,374,529
99$1,668,079,395$136,618,703$63,089,161$764,734,555
100$1,838,102,811$143,192,337$65,081,965$838,806,667