Can I retire at age 50 with 7,500,000?

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 $7,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$619,343$613,826$608,444$603,190$598,061$587,187
2 years$306,605$300,895$295,361$289,995$284,791$273,874
3 years$202,373$196,638$191,118$185,803$180,683$170,064
4 years$150,267$144,550$139,085$133,860$128,865$118,625
5 years$119,012$113,329$107,936$102,818$97,961$88,130
6 years$98,182$92,542$87,228$82,224$77,513$68,102
7 years$83,309$77,716$72,487$67,601$63,039$54,050
8 years$72,160$66,617$61,475$56,709$52,297$43,728
9 years$63,492$58,002$52,948$48,303$44,041$35,888
10 years$56,562$51,126$46,161$41,638$37,526$29,779
11 years$50,896$45,515$40,640$36,237$32,273$24,926
12 years$46,178$40,851$36,067$31,785$27,967$21,009
13 years$42,189$36,918$32,223$28,062$24,388$17,807
14 years$38,772$33,557$28,953$24,910$21,378$15,164
15 years$35,814$30,655$26,140$22,215$18,823$12,963
16 years$33,228$28,126$23,700$19,891$16,636$11,116
17 years$30,948$25,903$21,566$17,872$14,751$9,559
18 years$28,925$23,935$19,687$16,106$13,116$8,239
19 years$27,116$22,183$18,023$14,554$11,690$7,114
20 years$25,490$20,613$16,540$13,181$10,442$6,154
21 years$24,021$19,201$15,214$11,963$9,344$5,330
22 years$22,687$17,923$14,022$10,877$8,376$4,623
23 years$21,471$16,763$12,947$9,906$7,519$4,013
24 years$20,358$15,706$11,974$9,035$6,758$3,487
25 years$19,336$14,739$11,090$8,251$6,081$3,032
26 years$18,394$13,852$10,285$7,544$5,478$2,639
27 years$17,523$13,037$9,551$6,905$4,939$2,298
28 years$16,716$12,284$8,879$6,327$4,456$2,002
29 years$15,966$11,589$8,262$5,802$4,024$1,744
30 years$15,267$10,945$7,696$5,325$3,636$1,521
31 years$14,614$10,346$7,175$4,890$3,287$1,326
32 years$14,004$9,790$6,694$4,494$2,973$1,157
33 years$13,431$9,271$6,251$4,133$2,691$1,010
34 years$12,894$8,787$5,840$3,803$2,436$881
35 years$12,388$8,334$5,460$3,500$2,207$769
36 years$11,912$7,910$5,108$3,224$1,999$672
37 years$11,462$7,513$4,781$2,970$1,812$587
38 years$11,037$7,140$4,477$2,738$1,643$512
39 years$10,635$6,789$4,194$2,524$1,490$448
40 years$10,254$6,460$3,931$2,328$1,351$391
41 years$9,892$6,149$3,686$2,148$1,226$342
42 years$9,549$5,856$3,458$1,983$1,112$298
43 years$9,222$5,580$3,245$1,830$1,010$261
44 years$8,911$5,319$3,046$1,690$916$228
45 years$8,615$5,072$2,860$1,561$832$199
46 years$8,332$4,838$2,686$1,442$755$174
47 years$8,063$4,617$2,524$1,332$686$152
48 years$7,805$4,408$2,372$1,231$623$133
49 years$7,558$4,209$2,229$1,137$566$116
50 years$7,323$4,021$2,096$1,051$514$101

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $7,500,000, adding $5,027 every year, while hoping to spend $25,368 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: 77/8/15 Blend
49$7,500,000$7,500,000$7,500,000$7,500,000
50$8,270,185$7,872,685$7,756,435$8,880,247
51$9,086,753$8,231,456$7,989,285$9,642,157
52$9,985,760$8,606,955$8,229,084$10,473,762
53$10,975,589$8,999,978$8,476,040$11,385,015
54$12,065,476$9,411,353$8,730,364$12,383,856
55$13,265,598$9,841,953$8,992,275$13,479,028
56$14,587,170$10,292,690$9,261,997$14,680,158
57$16,042,550$10,764,520$9,539,762$15,997,850
58$17,645,354$11,258,446$9,825,808$17,443,777
59$19,410,588$11,775,517$10,120,381$19,030,800
60$21,354,786$12,316,836$10,423,732$20,773,080
61$23,496,168$12,883,555$10,736,121$22,686,214
62$25,854,812$13,476,884$11,057,816$24,787,382
63$28,452,842$14,098,090$11,389,091$27,095,506
64$31,314,637$14,748,502$11,730,231$29,631,429
65$34,467,063$15,429,511$12,081,527$32,418,110
66$37,939,724$16,142,577$12,443,278$35,480,837
67$41,765,242$16,889,230$12,815,794$38,847,470
68$45,979,567$17,671,072$13,199,393$42,548,694
69$50,622,312$18,489,784$13,594,403$46,618,318
70$55,737,131$19,347,127$14,001,159$51,093,583
71$61,372,130$20,244,948$14,420,008$56,015,515
72$67,580,317$21,185,180$14,851,309$61,429,315
73$74,420,108$22,169,853$15,295,427$67,384,778
74$81,955,876$23,201,093$15,752,740$73,936,763
75$90,258,558$24,281,128$16,223,639$81,145,709
76$99,406,323$25,412,296$16,708,523$89,078,207
77$109,485,314$26,597,044$17,207,805$97,807,621
78$120,590,457$27,837,941$17,721,908$107,414,781
79$132,826,362$29,137,678$18,251,269$117,988,745
80$146,308,302$30,499,075$18,796,338$129,627,636
81$161,163,310$31,925,091$19,357,577$142,439,564
82$177,531,373$33,418,826$19,935,461$156,543,650
83$195,566,755$34,983,531$20,530,481$172,071,140
84$215,439,452$36,622,612$21,143,140$189,166,648
85$237,336,798$38,339,641$21,773,957$207,989,515
86$261,465,233$40,138,365$22,423,466$228,715,310
87$288,052,250$42,022,709$23,092,216$251,537,485
88$317,348,547$43,996,789$23,780,773$276,669,200
89$349,630,387$46,064,921$24,489,717$304,345,329
90$385,202,213$48,231,627$25,219,649$334,824,675
91$424,399,514$50,501,653$25,971,183$368,392,410
92$467,592,001$52,879,970$26,744,954$405,362,762
93$515,187,089$55,371,793$27,541,613$446,081,979
94$567,633,748$57,982,586$28,361,833$490,931,593
95$625,426,740$60,718,083$29,206,304$540,332,018
96$689,111,289$63,584,291$30,075,737$594,746,512
97$759,288,229$66,587,510$30,970,863$654,685,550
98$836,619,677$69,734,345$31,892,435$720,711,636
99$921,835,279$73,031,724$32,841,227$793,444,605
100$1,015,739,106$76,486,906$33,818,036$873,567,476