Can I retire at age 50 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,071,276
2 years$560,066$549,635$539,526$529,725$520,218$498,964
3 years$369,668$359,193$349,109$339,400$330,048$309,384
4 years$274,488$264,045$254,062$244,518$235,393$215,479
5 years$217,395$207,014$197,163$187,814$178,942$159,834
6 years$179,346$169,043$159,337$150,196$141,591$123,310
7 years$152,178$141,962$132,410$123,484$115,151$97,701
8 years$131,811$121,687$112,294$103,588$95,529$78,906
9 years$115,979$105,951$96,719$88,234$80,449$64,642
10 years$103,321$93,390$84,321$76,059$68,547$53,541
11 years$92,971$83,140$74,235$66,194$58,952$44,730
12 years$84,352$74,622$65,882$58,061$51,087$37,628
13 years$77,065$67,437$58,861$51,259$44,549$31,831
14 years$70,824$61,298$52,887$45,502$39,051$27,050
15 years$65,420$55,997$47,750$40,580$34,384$23,076
16 years$60,696$51,376$43,292$36,335$30,388$19,747
17 years$56,533$47,315$39,394$32,647$26,945$16,944
18 years$52,836$43,721$35,962$29,421$23,958$14,572
19 years$49,532$40,521$32,921$26,584$21,354$12,555
20 years$46,562$37,654$30,214$24,077$19,074$10,836
21 years$43,878$35,073$27,791$21,852$17,069$9,364
22 years$41,442$32,739$25,613$19,868$15,300$8,102
23 years$39,221$30,620$23,649$18,094$13,734$7,018
24 years$37,188$28,689$21,872$16,503$12,345$6,084
25 years$35,321$26,924$20,258$15,072$11,108$5,278
26 years$33,600$25,304$18,788$13,781$10,006$4,582
27 years$32,009$23,814$17,446$12,614$9,021$3,980
28 years$30,534$22,440$16,219$11,557$8,140$3,458
29 years$29,164$21,169$15,093$10,598$7,350$3,007
30 years$27,887$19,992$14,058$9,726$6,641$2,615
31 years$26,695$18,899$13,106$8,933$6,004$2,275
32 years$25,580$17,882$12,228$8,210$5,431$1,980
33 years$24,535$16,935$11,418$7,549$4,915$1,723
34 years$23,553$16,051$10,668$6,946$4,450$1,500
35 years$22,629$15,224$9,974$6,394$4,031$1,306
36 years$21,759$14,449$9,330$5,889$3,652$1,138
37 years$20,937$13,724$8,733$5,426$3,310$991
38 years$20,161$13,042$8,178$5,001$3,001$863
39 years$19,426$12,402$7,662$4,611$2,721$752
40 years$18,730$11,800$7,182$4,253$2,468$655
41 years$18,070$11,232$6,734$3,924$2,239$571
42 years$17,442$10,697$6,317$3,622$2,032$498
43 years$16,845$10,192$5,927$3,343$1,844$434
44 years$16,278$9,715$5,564$3,087$1,674$378
45 years$15,736$9,264$5,224$2,851$1,520$329
46 years$15,220$8,838$4,907$2,633$1,380$287
47 years$14,728$8,434$4,610$2,433$1,253$250
48 years$14,257$8,051$4,332$2,248$1,138$218
49 years$13,807$7,689$4,072$2,078$1,033$190
50 years$13,376$7,344$3,828$1,920$939$166

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $13,700,000, adding $2,248 every year, while hoping to spend $40,729 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: 83/9/8 Blend
49$13,700,000$13,700,000$13,700,000$13,700,000
50$15,099,719$14,373,619$14,161,269$16,338,763
51$16,596,555$15,034,591$14,592,336$17,810,091
52$18,244,703$15,726,585$15,036,479$19,419,764
53$20,059,554$16,451,080$15,494,092$21,186,100
54$22,058,068$17,209,622$15,965,584$23,124,791
55$24,258,932$18,003,834$16,451,372$25,253,117
56$26,682,738$18,835,417$16,951,888$27,590,110
57$29,352,179$19,706,154$17,467,578$30,156,731
58$32,292,259$20,617,913$17,998,899$32,976,064
59$35,530,530$21,572,652$18,546,323$36,073,535
60$39,097,356$22,572,424$19,110,337$39,477,149
61$43,026,194$23,619,380$19,691,441$43,217,754
62$47,353,911$24,715,775$20,290,150$47,329,327
63$52,121,136$25,863,974$20,906,995$51,849,295
64$57,372,637$27,066,454$21,542,525$56,818,887
65$63,157,748$28,325,813$22,197,302$62,283,517
66$69,530,834$29,644,772$22,871,906$68,293,216
67$76,551,800$31,026,188$23,566,937$74,903,097
68$84,286,663$32,473,050$24,283,008$82,173,875
69$92,808,169$33,988,496$25,020,755$90,172,438
70$102,196,483$35,575,813$25,780,831$98,972,474
71$112,539,944$37,238,448$26,563,909$108,655,165
72$123,935,901$38,980,014$27,370,682$119,309,948
73$136,491,626$40,804,298$28,201,864$131,035,361
74$150,325,335$42,715,271$29,058,189$143,939,965
75$165,567,296$44,717,097$29,940,415$158,143,367
76$182,361,064$46,814,138$30,849,323$173,777,349
77$200,864,832$49,010,970$31,785,715$190,987,101
78$221,252,927$51,312,390$32,750,418$209,932,595
79$243,717,454$53,723,426$33,744,286$230,790,088
80$268,470,110$56,249,349$34,768,195$253,753,779
81$295,744,181$58,895,687$35,823,049$279,037,645
82$325,796,746$61,668,234$36,909,780$306,877,449
83$358,911,102$64,573,066$38,029,346$337,532,965
84$395,399,440$67,616,552$39,182,735$371,290,424
85$435,605,790$70,805,370$40,370,963$408,465,211
86$479,909,269$74,146,522$41,595,079$449,404,839
87$528,727,661$77,647,348$42,856,161$494,492,220
88$582,521,361$81,315,546$44,155,320$544,149,276
89$641,797,716$85,159,185$45,493,700$598,840,918
90$707,115,825$89,186,726$46,872,481$659,079,423
91$779,091,805$93,407,041$48,292,874$725,429,271
92$858,404,614$97,829,432$49,756,132$798,512,459
93$945,802,463$102,463,651$51,263,539$879,014,370
94$1,042,109,869$107,319,926$52,816,423$967,690,237
95$1,148,235,451$112,408,978$54,416,149$1,065,372,260
96$1,265,180,500$117,742,050$56,064,123$1,172,977,458
97$1,394,048,432$123,330,931$57,761,792$1,291,516,316
98$1,536,055,208$129,187,983$59,510,647$1,422,102,315
99$1,692,540,810$135,326,166$61,312,226$1,565,962,434
100$1,864,981,896$141,759,071$63,168,108$1,724,448,728