Can I retire at age 50 with 13,400,000?

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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,053,002
2 years$547,802$537,599$527,712$518,125$508,826$493,209
3 years$361,573$351,327$341,464$331,968$322,820$307,605
4 years$268,478$258,263$248,499$239,164$230,238$215,542
5 years$212,635$202,481$192,845$183,701$175,023$160,889
6 years$175,418$165,341$155,848$146,907$138,490$124,934
7 years$148,845$138,853$129,510$120,780$112,629$99,657
8 years$128,925$119,023$109,835$101,320$93,437$81,045
9 years$113,439$103,631$94,601$86,302$78,687$66,871
10 years$101,058$91,345$82,475$74,393$67,046$55,795
11 years$90,935$81,319$72,610$64,744$57,661$46,966
12 years$82,505$72,988$64,439$56,789$49,968$39,815
13 years$75,377$65,960$57,572$50,137$43,573$33,949
14 years$69,273$59,956$51,729$44,506$38,196$29,085
15 years$63,987$54,771$46,704$39,691$33,631$25,016
16 years$59,367$50,251$42,344$35,539$29,723$21,589
17 years$55,295$46,279$38,532$31,932$26,354$18,684
18 years$51,679$42,764$35,174$28,777$23,433$16,208
19 years$48,447$39,633$32,200$26,002$20,887$14,089
20 years$45,542$36,829$29,552$23,550$18,656$12,269
21 years$42,918$34,305$27,182$21,373$16,695$10,700
22 years$40,535$32,022$25,053$19,433$14,965$9,343
23 years$38,362$29,950$23,132$17,698$13,433$8,168
24 years$36,374$28,061$21,393$16,142$12,074$7,148
25 years$34,547$26,334$19,814$14,742$10,865$6,260
26 years$32,864$24,750$18,376$13,479$9,787$5,487
27 years$31,308$23,292$17,064$12,338$8,824$4,812
28 years$29,866$21,948$15,863$11,304$7,962$4,223
29 years$28,525$20,706$14,762$10,366$7,189$3,707
30 years$27,277$19,554$13,750$9,513$6,496$3,256
31 years$26,111$18,485$12,819$8,737$5,873$2,861
32 years$25,020$17,491$11,960$8,030$5,312$2,515
33 years$23,997$16,564$11,168$7,384$4,808$2,211
34 years$23,037$15,699$10,434$6,794$4,353$1,944
35 years$22,134$14,890$9,755$6,254$3,943$1,710
36 years$21,282$14,133$9,126$5,760$3,572$1,505
37 years$20,479$13,423$8,542$5,307$3,238$1,324
38 years$19,720$12,757$7,999$4,892$2,935$1,165
39 years$19,001$12,130$7,494$4,510$2,662$1,026
40 years$18,320$11,541$7,024$4,160$2,414$903
41 years$17,674$10,986$6,586$3,838$2,190$795
42 years$17,060$10,463$6,178$3,542$1,987$700
43 years$16,477$9,969$5,798$3,270$1,804$616
44 years$15,921$9,502$5,442$3,019$1,637$543
45 years$15,392$9,061$5,110$2,788$1,486$478
46 years$14,887$8,644$4,799$2,576$1,350$421
47 years$14,405$8,249$4,509$2,380$1,225$371
48 years$13,945$7,875$4,237$2,199$1,113$327
49 years$13,504$7,520$3,983$2,032$1,011$288
50 years$13,083$7,184$3,744$1,878$918$253

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $13,400,000, adding $6,636 every year, while hoping to spend $46,300 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: 55/33/12 Blend
49$13,400,000$13,400,000$13,400,000$13,400,000
50$14,773,645$14,063,445$13,855,745$15,540,516
51$16,231,294$14,703,291$14,270,650$16,701,230
52$17,836,071$15,372,938$14,697,902$17,958,803
53$19,602,935$16,073,796$15,137,866$19,327,002
54$21,548,368$16,807,346$15,590,918$20,816,375
55$23,690,533$17,575,136$16,057,445$22,438,516
56$26,049,441$18,378,792$16,537,843$24,206,164
57$28,647,145$19,220,014$17,032,522$26,133,328
58$31,507,947$20,100,588$17,541,904$28,235,403
59$34,658,622$21,022,381$18,066,423$30,529,323
60$38,128,677$21,987,354$18,606,524$33,033,703
61$41,950,626$22,997,558$19,162,667$35,769,018
62$46,160,299$24,055,147$19,735,324$38,757,788
63$50,797,175$25,162,375$20,324,983$42,024,784
64$55,904,761$26,321,605$20,932,144$45,597,255
65$61,530,998$27,535,316$21,557,323$49,505,179
66$67,728,716$28,806,103$22,201,050$53,781,542
67$74,556,131$30,136,687$22,863,870$58,462,638
68$82,077,393$31,529,921$23,546,346$63,588,406
69$90,363,194$32,988,795$24,249,057$69,202,799
70$99,491,436$34,516,441$24,972,595$75,354,192
71$109,547,960$36,116,145$25,717,576$82,095,827
72$120,627,365$37,791,349$26,484,627$89,486,309
73$132,833,892$39,545,661$27,274,398$97,590,150
74$146,282,416$41,382,865$28,087,557$106,478,367
75$161,099,522$43,306,925$28,924,790$116,229,142
76$177,424,706$45,321,997$29,786,803$126,928,550
77$195,411,689$47,432,438$30,674,324$138,671,359
78$215,229,869$49,642,816$31,588,102$151,561,916
79$237,065,919$51,957,916$32,528,906$165,715,116
80$261,125,547$54,382,759$33,497,529$181,257,476
81$287,635,443$56,922,605$34,494,787$198,328,313
82$316,845,414$59,582,968$35,521,518$217,081,049
83$349,030,743$62,369,630$36,578,586$237,684,643
84$384,494,789$65,288,652$37,666,879$260,325,169
85$423,571,850$68,346,389$38,787,311$285,207,558
86$466,630,317$71,549,500$39,940,824$312,557,514
87$514,076,152$74,904,968$41,128,385$342,623,629
88$566,356,723$78,420,115$42,350,990$375,679,711
89$623,965,024$82,102,616$43,609,663$412,027,347
90$687,444,329$85,960,517$44,905,459$451,998,733
91$757,393,322$90,002,253$46,239,463$495,959,785
92$834,471,746$94,236,669$47,612,790$544,313,575
93$919,406,635$98,673,037$49,026,590$597,504,111
94$1,012,999,175$103,321,079$50,482,043$656,020,502
95$1,116,132,264$108,190,985$51,980,366$720,401,555
96$1,229,778,855$113,293,444$53,522,808$791,240,828
97$1,355,011,133$118,639,657$55,110,657$869,192,214
98$1,493,010,641$124,241,372$56,745,236$954,976,074
99$1,645,079,432$130,110,905$58,427,907$1,049,386,018
100$1,812,652,363$136,261,168$60,160,071$1,153,296,356