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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.4%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,068,218
2 years$560,066$549,635$539,526$529,725$520,218$495,923
3 years$369,668$359,193$349,109$339,400$330,048$306,456
4 years$274,488$264,045$254,062$244,518$235,393$212,686
5 years$217,395$207,014$197,163$187,814$178,942$157,184
6 years$179,346$169,043$159,337$150,196$141,591$120,804
7 years$152,178$141,962$132,410$123,484$115,151$95,340
8 years$131,811$121,687$112,294$103,588$95,529$76,686
9 years$115,979$105,951$96,719$88,234$80,449$62,560
10 years$103,321$93,390$84,321$76,059$68,547$51,593
11 years$92,971$83,140$74,235$66,194$58,952$42,912
12 years$84,352$74,622$65,882$58,061$51,087$35,935
13 years$77,065$67,437$58,861$51,259$44,549$30,257
14 years$70,824$61,298$52,887$45,502$39,051$25,591
15 years$65,420$55,997$47,750$40,580$34,384$21,725
16 years$60,696$51,376$43,292$36,335$30,388$18,500
17 years$56,533$47,315$39,394$32,647$26,945$15,794
18 years$52,836$43,721$35,962$29,421$23,958$13,513
19 years$49,532$40,521$32,921$26,584$21,354$11,583
20 years$46,562$37,654$30,214$24,077$19,074$9,944
21 years$43,878$35,073$27,791$21,852$17,069$8,548
22 years$41,442$32,739$25,613$19,868$15,300$7,356
23 years$39,221$30,620$23,649$18,094$13,734$6,337
24 years$37,188$28,689$21,872$16,503$12,345$5,463
25 years$35,321$26,924$20,258$15,072$11,108$4,713
26 years$33,600$25,304$18,788$13,781$10,006$4,069
27 years$32,009$23,814$17,446$12,614$9,021$3,514
28 years$30,534$22,440$16,219$11,557$8,140$3,036
29 years$29,164$21,169$15,093$10,598$7,350$2,625
30 years$27,887$19,992$14,058$9,726$6,641$2,270
31 years$26,695$18,899$13,106$8,933$6,004$1,963
32 years$25,580$17,882$12,228$8,210$5,431$1,698
33 years$24,535$16,935$11,418$7,549$4,915$1,470
34 years$23,553$16,051$10,668$6,946$4,450$1,272
35 years$22,629$15,224$9,974$6,394$4,031$1,101
36 years$21,759$14,449$9,330$5,889$3,652$953
37 years$20,937$13,724$8,733$5,426$3,310$826
38 years$20,161$13,042$8,178$5,001$3,001$715
39 years$19,426$12,402$7,662$4,611$2,721$619
40 years$18,730$11,800$7,182$4,253$2,468$536
41 years$18,070$11,232$6,734$3,924$2,239$464
42 years$17,442$10,697$6,317$3,622$2,032$402
43 years$16,845$10,192$5,927$3,343$1,844$349
44 years$16,278$9,715$5,564$3,087$1,674$302
45 years$15,736$9,264$5,224$2,851$1,520$262
46 years$15,220$8,838$4,907$2,633$1,380$227
47 years$14,728$8,434$4,610$2,433$1,253$196
48 years$14,257$8,051$4,332$2,248$1,138$170
49 years$13,807$7,689$4,072$2,078$1,033$147
50 years$13,376$7,344$3,828$1,920$939$128

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 $5,078 every year, while hoping to spend $26,652 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: 85/9/6 Blend
49$13,700,000$13,700,000$13,700,000$13,700,000
50$15,102,638$14,376,538$14,164,188$16,381,763
51$16,614,750$15,052,631$14,610,331$17,892,782
52$18,280,203$15,760,959$15,070,526$19,548,306
53$20,114,612$16,503,074$15,545,216$21,366,180
54$22,135,180$17,280,602$16,034,859$23,362,704
55$24,360,865$18,095,248$16,539,923$25,555,825
56$26,812,559$18,948,801$17,060,897$27,965,310
57$29,513,283$19,843,135$17,598,279$30,612,932
58$32,488,404$20,780,216$18,152,588$33,522,671
59$35,765,878$21,762,103$18,724,357$36,720,940
60$39,376,510$22,790,958$19,314,135$40,236,832
61$43,354,245$23,869,046$19,922,490$44,102,392
62$47,736,491$24,998,743$20,550,006$48,352,923
63$52,564,470$26,182,538$21,197,288$53,027,308
64$57,883,607$27,423,043$21,864,958$58,168,382
65$63,743,958$28,722,996$22,553,658$63,823,333
66$70,200,687$30,085,267$23,264,051$70,044,142
67$77,314,580$31,512,868$23,996,819$76,888,077
68$85,152,622$33,008,954$24,752,668$84,418,223
69$93,788,631$34,576,835$25,532,324$92,704,084
70$103,303,953$36,219,980$26,336,537$101,822,230
71$113,788,226$37,942,030$27,166,082$111,857,018
72$125,340,235$39,746,799$28,021,755$122,901,387
73$138,068,835$41,638,288$28,904,381$135,057,734
74$152,093,986$43,620,694$29,814,806$148,438,871
75$167,547,878$45,698,414$30,753,909$163,169,094
76$184,576,188$47,876,062$31,722,590$179,385,346
77$203,339,445$50,158,475$32,721,783$197,238,512
78$224,014,554$52,550,726$33,752,448$216,894,837
79$246,796,460$55,058,133$34,815,577$238,537,490
80$271,899,992$57,686,275$35,912,192$262,368,290
81$299,561,889$60,440,999$37,043,348$288,609,610
82$330,043,034$63,328,441$38,210,132$317,506,465
83$363,630,919$66,355,030$39,413,668$349,328,826
84$400,642,359$69,527,513$40,655,112$384,374,162
85$441,426,480$72,852,962$41,935,659$422,970,242
86$486,368,018$76,338,793$43,256,539$465,478,224
87$535,890,947$79,992,785$44,619,025$512,296,060
88$590,462,487$83,823,095$46,024,426$563,862,244
89$650,597,510$87,838,276$47,474,093$620,659,949
90$716,863,402$92,047,298$48,969,422$683,221,579
91$789,885,421$96,459,568$50,511,850$752,133,792
92$870,352,598$101,084,951$52,102,860$828,043,025
93$959,024,241$105,933,791$53,743,984$911,661,595
94$1,056,737,106$111,016,939$55,436,799$1,003,774,412
95$1,164,413,293$116,345,771$57,182,934$1,105,246,385
96$1,283,068,954$121,932,219$58,984,068$1,217,030,574
97$1,413,823,887$127,788,797$60,841,934$1,340,177,181
98$1,557,912,102$133,928,627$62,758,318$1,475,843,455
99$1,716,693,478$140,365,472$64,735,063$1,625,304,608
100$1,891,666,596$147,113,763$66,774,071$1,789,965,841