Can I retire at age 50 with 7,700,000?

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 $7,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$635,859$630,195$624,669$619,275$614,009$597,469
2 years$314,782$308,919$303,237$297,729$292,385$275,840
3 years$207,770$201,882$196,215$190,758$185,501$169,468
4 years$154,274$148,405$142,794$137,430$132,301$116,903
5 years$122,186$116,351$110,814$105,559$100,573$85,853
6 years$100,800$95,009$89,554$84,417$79,580$65,552
7 years$85,531$79,789$74,420$69,404$64,720$51,385
8 years$74,084$68,394$63,114$58,221$53,691$41,042
9 years$65,185$59,549$54,360$49,591$45,216$33,241
10 years$58,071$52,490$47,392$42,748$38,526$27,210
11 years$52,254$46,728$41,723$37,204$33,134$22,459
12 years$47,409$41,941$37,029$32,633$28,713$18,660
13 years$43,314$37,902$33,083$28,810$25,038$15,586
14 years$39,806$34,452$29,725$25,574$21,948$13,074
15 years$36,769$31,473$26,838$22,808$19,325$11,007
16 years$34,114$28,876$24,332$20,422$17,080$9,293
17 years$31,774$26,593$22,141$18,349$15,144$7,865
18 years$29,696$24,573$20,212$16,536$13,465$6,670
19 years$27,839$22,774$18,503$14,942$12,002$5,666
20 years$26,170$21,163$16,981$13,533$10,720$4,820
21 years$24,662$19,713$15,620$12,282$9,594$4,106
22 years$23,292$18,401$14,396$11,167$8,599$3,500
23 years$22,044$17,210$13,292$10,170$7,719$2,987
24 years$20,901$16,125$12,293$9,275$6,938$2,551
25 years$19,852$15,132$11,386$8,471$6,243$2,180
26 years$18,885$14,222$10,560$7,745$5,624$1,864
27 years$17,990$13,384$9,806$7,090$5,070$1,594
28 years$17,162$12,612$9,116$6,496$4,575$1,364
29 years$16,391$11,898$8,483$5,957$4,131$1,167
30 years$15,674$11,236$7,901$5,467$3,733$1,000
31 years$15,004$10,622$7,366$5,021$3,375$856
32 years$14,377$10,051$6,873$4,614$3,053$733
33 years$13,790$9,518$6,417$4,243$2,763$628
34 years$13,238$9,021$5,996$3,904$2,501$538
35 years$12,719$8,556$5,606$3,594$2,266$461
36 years$12,229$8,121$5,244$3,310$2,053$395
37 years$11,768$7,713$4,908$3,050$1,860$339
38 years$11,331$7,330$4,596$2,811$1,687$291
39 years$10,918$6,970$4,306$2,592$1,529$249
40 years$10,527$6,632$4,036$2,391$1,387$214
41 years$10,156$6,313$3,785$2,206$1,259$183
42 years$9,803$6,012$3,550$2,035$1,142$157
43 years$9,468$5,728$3,331$1,879$1,036$135
44 years$9,149$5,460$3,127$1,735$941$115
45 years$8,845$5,207$2,936$1,602$854$99
46 years$8,554$4,967$2,758$1,480$775$85
47 years$8,278$4,740$2,591$1,367$704$73
48 years$8,013$4,525$2,435$1,263$639$62
49 years$7,760$4,321$2,289$1,168$581$54
50 years$7,518$4,128$2,152$1,079$528$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $7,700,000, adding $4,636 every year, while hoping to spend $30,385 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: 39/42/19 Blend
49$7,700,000$7,700,000$7,700,000$7,700,000
50$8,490,182$8,082,082$7,962,732$8,772,997
51$9,323,851$8,445,775$8,197,154$9,340,036
52$10,241,536$8,826,270$8,438,411$9,949,519
53$11,251,775$9,224,359$8,686,700$10,607,915
54$12,363,974$9,640,871$8,942,222$11,319,670
55$13,588,500$10,076,674$9,205,187$12,089,665
56$14,936,774$10,532,678$9,475,809$12,923,251
57$16,421,384$11,009,838$9,754,307$13,826,300
58$18,056,197$11,509,152$10,040,908$14,805,258
59$19,856,495$12,031,667$10,335,845$15,867,199
60$21,839,119$12,578,480$10,639,357$17,019,893
61$24,022,625$13,150,741$10,951,690$18,271,867
62$26,427,459$13,749,653$11,273,098$19,632,492
63$29,076,154$14,376,480$11,603,841$21,112,057
64$31,993,538$15,032,544$11,944,186$22,721,870
65$35,206,971$15,719,231$12,294,409$24,474,353
66$38,746,602$16,437,994$12,654,792$26,383,159
67$42,645,654$17,190,354$13,025,626$28,463,296
68$46,940,737$17,977,908$13,407,211$30,731,258
69$51,672,193$18,802,326$13,799,853$33,205,182
70$56,884,477$19,665,361$14,203,869$35,905,007
71$62,626,579$20,568,848$14,619,583$38,852,660
72$68,952,481$21,514,713$15,047,331$42,072,257
73$75,921,673$22,504,973$15,487,455$45,590,319
74$83,599,707$23,541,740$15,940,308$49,436,022
75$92,058,822$24,627,230$16,406,253$53,641,460
76$101,378,623$25,763,766$16,885,664$58,241,942
77$111,646,833$26,953,780$17,378,924$63,276,316
78$122,960,119$28,199,825$17,886,427$68,787,331
79$135,425,008$29,504,573$18,408,579$74,822,026
80$149,158,888$30,870,826$18,945,796$81,432,169
81$164,291,121$32,301,523$19,498,506$88,674,737
82$180,964,259$33,799,742$20,067,150$96,612,438
83$199,335,394$35,368,710$20,652,180$105,314,297
84$219,577,638$37,011,810$21,254,062$114,856,297
85$241,881,756$38,732,587$21,873,272$125,322,082
86$266,457,971$40,534,760$22,510,302$136,803,734
87$293,537,945$42,422,224$23,165,658$149,402,634
88$323,376,966$44,399,064$23,839,858$163,230,401
89$356,256,358$46,469,560$24,533,436$178,409,934
90$392,486,140$48,638,201$25,246,939$195,076,558
91$432,407,945$50,909,692$25,980,930$213,379,283
92$476,398,254$53,288,965$26,735,990$233,482,200
93$524,871,942$55,781,191$27,512,711$255,566,010
94$578,286,200$58,391,789$28,311,707$279,829,711
95$637,144,847$61,126,442$29,133,604$306,492,464
96$702,003,091$63,991,107$29,979,049$335,795,636
97$773,472,764$66,992,028$30,848,705$368,005,062
98$852,228,102$70,135,754$31,743,253$403,413,535
99$939,012,110$73,429,147$32,663,393$442,343,544
100$1,034,643,573$76,879,404$33,609,845$485,150,300