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%19%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,029,803
2 years$547,802$537,599$527,712$518,125$508,826$470,230
3 years$361,573$351,327$341,464$331,968$322,820$285,573
4 years$268,478$258,263$248,499$239,164$230,238$194,623
5 years$212,635$202,481$192,845$183,701$175,023$141,135
6 years$175,418$165,341$155,848$146,907$138,490$106,352
7 years$148,845$138,853$129,510$120,780$112,629$82,235
8 years$128,925$119,023$109,835$101,320$93,437$64,759
9 years$113,439$103,631$94,601$86,302$78,687$51,688
10 years$101,058$91,345$82,475$74,393$67,046$41,677
11 years$90,935$81,319$72,610$64,744$57,661$33,871
12 years$82,505$72,988$64,439$56,789$49,968$27,698
13 years$75,377$65,960$57,572$50,137$43,573$22,761
14 years$69,273$59,956$51,729$44,506$38,196$18,778
15 years$63,987$54,771$46,704$39,691$33,631$15,542
16 years$59,367$50,251$42,344$35,539$29,723$12,897
17 years$55,295$46,279$38,532$31,932$26,354$10,725
18 years$51,679$42,764$35,174$28,777$23,433$8,934
19 years$48,447$39,633$32,200$26,002$20,887$7,453
20 years$45,542$36,829$29,552$23,550$18,656$6,225
21 years$42,918$34,305$27,182$21,373$16,695$5,205
22 years$40,535$32,022$25,053$19,433$14,965$4,355
23 years$38,362$29,950$23,132$17,698$13,433$3,647
24 years$36,374$28,061$21,393$16,142$12,074$3,056
25 years$34,547$26,334$19,814$14,742$10,865$2,561
26 years$32,864$24,750$18,376$13,479$9,787$2,148
27 years$31,308$23,292$17,064$12,338$8,824$1,802
28 years$29,866$21,948$15,863$11,304$7,962$1,512
29 years$28,525$20,706$14,762$10,366$7,189$1,269
30 years$27,277$19,554$13,750$9,513$6,496$1,065
31 years$26,111$18,485$12,819$8,737$5,873$894
32 years$25,020$17,491$11,960$8,030$5,312$751
33 years$23,997$16,564$11,168$7,384$4,808$631
34 years$23,037$15,699$10,434$6,794$4,353$530
35 years$22,134$14,890$9,755$6,254$3,943$445
36 years$21,282$14,133$9,126$5,760$3,572$374
37 years$20,479$13,423$8,542$5,307$3,238$314
38 years$19,720$12,757$7,999$4,892$2,935$264
39 years$19,001$12,130$7,494$4,510$2,662$222
40 years$18,320$11,541$7,024$4,160$2,414$186
41 years$17,674$10,986$6,586$3,838$2,190$156
42 years$17,060$10,463$6,178$3,542$1,987$131
43 years$16,477$9,969$5,798$3,270$1,804$110
44 years$15,921$9,502$5,442$3,019$1,637$93
45 years$15,392$9,061$5,110$2,788$1,486$78
46 years$14,887$8,644$4,799$2,576$1,350$66
47 years$14,405$8,249$4,509$2,380$1,225$55
48 years$13,945$7,875$4,237$2,199$1,113$46
49 years$13,504$7,520$3,983$2,032$1,011$39
50 years$13,083$7,184$3,744$1,878$918$33

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 $2,934 every year, while hoping to spend $51,794 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: 26/49/25 Blend
49$13,400,000$13,400,000$13,400,000$13,400,000
50$14,769,826$14,059,626$13,851,926$15,037,452
51$16,221,240$14,693,440$14,260,858$15,888,180
52$17,818,962$15,356,574$14,681,752$16,795,668
53$19,577,862$16,050,411$15,114,956$17,768,301
54$21,514,322$16,776,399$15,560,825$18,811,611
55$23,646,395$17,536,056$16,019,725$19,931,645
56$25,993,975$18,330,970$16,492,034$21,135,016
57$28,578,982$19,162,808$16,978,138$22,428,961
58$31,425,567$20,033,316$17,478,435$23,821,402
59$34,560,348$20,944,321$17,993,335$25,321,010
60$38,012,652$21,897,741$18,523,260$26,937,281
61$41,814,795$22,895,583$19,068,642$28,680,621
62$46,002,391$23,939,953$19,629,928$30,562,429
63$50,614,679$25,033,055$20,207,575$32,595,200
64$55,694,902$26,177,201$20,802,055$34,792,635
65$61,290,710$27,374,811$21,413,851$37,169,756
66$67,454,610$28,628,425$22,043,464$39,743,041
67$74,244,464$29,940,702$22,691,404$42,530,567
68$81,724,033$31,314,429$23,358,198$45,552,174
69$89,963,575$32,752,528$24,044,390$48,829,633
70$99,040,518$34,258,060$24,750,535$52,386,845
71$109,040,179$35,834,233$25,477,206$56,250,056
72$120,056,579$37,484,411$26,224,993$60,448,082
73$132,193,321$39,212,119$26,994,502$65,012,578
74$145,564,576$41,021,049$27,786,354$69,978,316
75$160,296,157$42,915,075$28,601,192$75,383,499
76$176,526,706$44,898,254$29,439,672$81,270,107
77$194,409,000$46,974,839$30,302,471$87,684,275
78$214,111,401$49,149,289$31,190,287$94,676,715
79$235,819,436$51,426,276$32,103,834$102,303,169
80$259,737,554$53,810,699$33,043,848$110,624,925
81$286,091,053$56,307,692$34,011,085$119,709,370
82$315,128,207$58,922,635$35,006,323$129,630,607
83$347,122,611$61,661,171$36,030,361$140,470,131
84$382,375,761$64,529,212$37,084,022$152,317,581
85$421,219,901$67,532,956$38,168,149$165,271,554
86$464,021,161$70,678,901$39,283,612$179,440,519
87$511,183,009$73,973,857$40,431,303$194,943,810
88$563,150,064$77,424,964$41,612,139$211,912,725
89$620,412,290$81,039,706$42,827,065$230,491,740
90$683,509,622$84,825,930$44,077,050$250,839,842
91$753,037,063$88,791,860$45,363,091$273,131,996
92$829,650,300$92,946,119$46,686,212$297,560,766
93$914,071,897$97,297,745$48,047,467$324,338,100
94$1,007,098,111$101,856,215$49,447,937$353,697,293
95$1,109,606,412$106,631,462$50,888,736$385,895,151
96$1,222,563,764$111,633,902$52,371,007$421,214,377
97$1,347,035,757$116,874,453$53,895,925$459,966,202
98$1,484,196,665$122,364,561$55,464,699$502,493,273
99$1,635,340,527$128,116,227$57,078,569$549,172,849
100$1,801,893,371$134,142,033$58,738,811$600,420,313