Can I retire at age 50 with 7,800,000?

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 $7,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$644,117$638,379$632,782$627,318$621,983$603,524
2 years$318,870$312,931$307,176$301,595$296,182$277,738
3 years$210,468$204,504$198,763$193,235$187,910$170,058
4 years$156,278$150,332$144,648$139,215$134,019$116,896
5 years$123,772$117,862$112,253$106,930$101,879$85,533
6 years$102,109$96,243$90,717$85,513$80,614$65,057
7 years$86,641$80,825$75,386$70,305$65,560$50,795
8 years$75,046$69,282$63,934$58,977$54,389$40,404
9 years$66,032$60,322$55,066$50,235$45,803$32,585
10 years$58,825$53,171$48,008$43,303$39,027$26,557
11 years$52,932$47,335$42,265$37,687$33,564$21,822
12 years$48,025$42,486$37,509$33,057$29,086$18,047
13 years$43,876$38,395$33,512$29,184$25,364$15,003
14 years$40,323$34,900$30,111$25,906$22,234$12,525
15 years$37,246$31,881$27,186$23,104$19,576$10,492
16 years$34,557$29,251$24,648$20,687$17,301$8,814
17 years$32,186$26,939$22,429$18,587$15,341$7,422
18 years$30,082$24,893$20,475$16,751$13,640$6,261
19 years$28,201$23,070$18,744$15,136$12,158$5,291
20 years$26,510$21,438$17,202$13,708$10,860$4,477
21 years$24,982$19,969$15,822$12,441$9,718$3,793
22 years$23,595$18,640$14,583$11,312$8,711$3,216
23 years$22,330$17,434$13,465$10,302$7,819$2,730
24 years$21,173$16,334$12,453$9,396$7,028$2,318
25 years$20,110$15,329$11,534$8,581$6,324$1,970
26 years$19,130$14,407$10,697$7,846$5,697$1,675
27 years$18,224$13,558$9,933$7,182$5,136$1,424
28 years$17,384$12,776$9,234$6,580$4,634$1,212
29 years$16,604$12,053$8,593$6,034$4,185$1,031
30 years$15,877$11,382$8,004$5,538$3,781$878
31 years$15,199$10,760$7,462$5,086$3,419$747
32 years$14,564$10,181$6,962$4,674$3,092$637
33 years$13,969$9,642$6,501$4,298$2,799$542
34 years$13,410$9,138$6,074$3,955$2,534$462
35 years$12,884$8,667$5,678$3,640$2,295$393
36 years$12,388$8,227$5,312$3,353$2,079$335
37 years$11,921$7,813$4,972$3,089$1,885$286
38 years$11,479$7,426$4,656$2,847$1,709$243
39 years$11,060$7,061$4,362$2,625$1,549$207
40 years$10,664$6,718$4,089$2,422$1,405$177
41 years$10,288$6,395$3,834$2,234$1,275$151
42 years$9,931$6,090$3,596$2,062$1,157$128
43 years$9,591$5,803$3,375$1,903$1,050$109
44 years$9,268$5,531$3,168$1,757$953$93
45 years$8,959$5,275$2,974$1,623$865$80
46 years$8,666$5,032$2,794$1,499$786$68
47 years$8,385$4,802$2,625$1,385$713$58
48 years$8,117$4,584$2,466$1,280$648$49
49 years$7,861$4,377$2,318$1,183$588$42
50 years$7,616$4,182$2,179$1,093$534$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $7,800,000, adding $5,195 every year, while hoping to spend $51,578 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: 82/10/8 Blend
49$7,800,000$7,800,000$7,800,000$7,800,000
50$8,600,959$8,187,559$8,066,659$9,297,508
51$9,423,378$8,533,870$8,282,013$10,100,307
52$10,327,955$8,895,423$8,502,853$10,974,063
53$11,323,016$9,272,908$8,729,308$11,931,724
54$12,417,734$9,667,051$8,961,511$12,981,667
55$13,622,216$10,078,609$9,199,594$14,133,115
56$14,947,598$10,508,377$9,443,697$15,396,227
57$16,406,151$10,957,185$9,693,958$16,782,189
58$18,011,393$11,425,903$9,950,521$18,303,321
59$19,778,223$11,915,439$10,213,531$19,973,193
60$21,723,053$12,426,748$10,483,136$21,806,749
61$23,863,971$12,960,825$10,759,488$23,820,450
62$26,220,906$13,518,715$11,042,740$26,032,427
63$28,815,816$14,101,510$11,333,049$28,462,652
64$31,672,899$14,710,353$11,630,576$31,133,122
65$34,818,817$15,346,443$11,935,483$34,068,072
66$38,282,951$16,011,033$12,247,936$37,294,194
67$42,097,673$16,705,435$12,568,103$40,840,895
68$46,298,658$17,431,024$12,896,157$44,740,569
69$50,925,214$18,189,237$13,232,271$49,028,904
70$56,020,658$18,981,582$13,576,625$53,745,215
71$61,632,721$19,809,635$13,929,398$58,932,814
72$67,814,001$20,675,049$14,290,774$64,639,419
73$74,622,455$21,579,552$14,660,941$70,917,601
74$82,121,951$22,524,956$15,040,088$77,825,278
75$90,382,868$23,513,157$15,428,409$85,426,264
76$99,482,760$24,546,141$15,826,100$93,790,863
77$109,507,087$25,625,987$16,233,360$102,996,536
78$120,550,023$26,754,875$16,650,391$113,128,629
79$132,715,345$27,935,083$17,077,399$124,281,174
80$146,117,411$29,169,003$17,514,593$136,557,778
81$160,882,238$30,459,135$17,962,182$150,072,595
82$177,148,694$31,808,101$18,420,383$164,951,406
83$195,069,808$33,218,644$18,889,413$181,332,799
84$214,814,211$34,693,641$19,369,491$199,369,477
85$236,567,733$36,236,101$19,860,841$219,229,697
86$260,535,152$37,849,180$20,363,690$241,098,856
87$286,942,129$39,536,182$20,878,265$265,181,235
88$316,037,338$41,300,567$21,404,799$291,701,929
89$348,094,813$43,145,961$21,943,526$320,908,966
90$383,416,532$45,076,162$22,494,683$353,075,645
91$422,335,273$47,095,148$23,058,509$388,503,113
92$465,217,748$49,207,087$23,635,246$427,523,205
93$512,468,070$51,416,346$24,225,139$470,501,572
94$564,531,566$53,727,500$24,828,433$517,841,130
95$621,898,978$56,145,340$25,445,378$569,985,857
96$685,111,100$58,674,888$26,076,225$627,424,984
97$754,763,879$61,321,404$26,721,225$690,697,606
98$831,514,041$64,090,400$27,380,633$760,397,767
99$916,085,295$66,987,650$28,054,705$837,180,066
100$1,009,275,156$70,019,206$28,743,699$921,765,827