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

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 $7,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$644,117$638,379$632,782$627,318$621,983$602,797
2 years$318,870$312,931$307,176$301,595$296,182$277,021
3 years$210,468$204,504$198,763$193,235$187,910$169,374
4 years$156,278$150,332$144,648$139,215$134,019$116,250
5 years$123,772$117,862$112,253$106,930$101,879$84,925
6 years$102,109$96,243$90,717$85,513$80,614$64,489
7 years$86,641$80,825$75,386$70,305$65,560$50,265
8 years$75,046$69,282$63,934$58,977$54,389$39,912
9 years$66,032$60,322$55,066$50,235$45,803$32,130
10 years$58,825$53,171$48,008$43,303$39,027$26,137
11 years$52,932$47,335$42,265$37,687$33,564$21,435
12 years$48,025$42,486$37,509$33,057$29,086$17,692
13 years$43,876$38,395$33,512$29,184$25,364$14,678
14 years$40,323$34,900$30,111$25,906$22,234$12,228
15 years$37,246$31,881$27,186$23,104$19,576$10,222
16 years$34,557$29,251$24,648$20,687$17,301$8,568
17 years$32,186$26,939$22,429$18,587$15,341$7,199
18 years$30,082$24,893$20,475$16,751$13,640$6,060
19 years$28,201$23,070$18,744$15,136$12,158$5,109
20 years$26,510$21,438$17,202$13,708$10,860$4,314
21 years$24,982$19,969$15,822$12,441$9,718$3,646
22 years$23,595$18,640$14,583$11,312$8,711$3,084
23 years$22,330$17,434$13,465$10,302$7,819$2,611
24 years$21,173$16,334$12,453$9,396$7,028$2,212
25 years$20,110$15,329$11,534$8,581$6,324$1,875
26 years$19,130$14,407$10,697$7,846$5,697$1,591
27 years$18,224$13,558$9,933$7,182$5,136$1,350
28 years$17,384$12,776$9,234$6,580$4,634$1,145
29 years$16,604$12,053$8,593$6,034$4,185$972
30 years$15,877$11,382$8,004$5,538$3,781$826
31 years$15,199$10,760$7,462$5,086$3,419$701
32 years$14,564$10,181$6,962$4,674$3,092$596
33 years$13,969$9,642$6,501$4,298$2,799$506
34 years$13,410$9,138$6,074$3,955$2,534$430
35 years$12,884$8,667$5,678$3,640$2,295$366
36 years$12,388$8,227$5,312$3,353$2,079$311
37 years$11,921$7,813$4,972$3,089$1,885$264
38 years$11,479$7,426$4,656$2,847$1,709$224
39 years$11,060$7,061$4,362$2,625$1,549$191
40 years$10,664$6,718$4,089$2,422$1,405$162
41 years$10,288$6,395$3,834$2,234$1,275$138
42 years$9,931$6,090$3,596$2,062$1,157$117
43 years$9,591$5,803$3,375$1,903$1,050$100
44 years$9,268$5,531$3,168$1,757$953$85
45 years$8,959$5,275$2,974$1,623$865$72
46 years$8,666$5,032$2,794$1,499$786$61
47 years$8,385$4,802$2,625$1,385$713$52
48 years$8,117$4,584$2,466$1,280$648$44
49 years$7,861$4,377$2,318$1,183$588$38
50 years$7,616$4,182$2,179$1,093$534$32

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 $3,171 every year, while hoping to spend $48,784 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: 88/7/5 Blend
49$7,800,000$7,800,000$7,800,000$7,800,000
50$8,598,871$8,185,471$8,064,571$9,356,327
51$9,424,050$8,534,653$8,282,828$10,198,705
52$10,331,762$8,899,310$8,506,762$11,117,472
53$11,330,375$9,280,149$8,736,511$12,125,884
54$12,429,106$9,677,909$8,972,217$13,232,942
55$13,638,113$10,093,366$9,214,025$14,448,561
56$14,968,588$10,527,328$9,462,083$15,783,663
57$16,432,862$10,980,645$9,716,541$17,250,275
58$18,044,523$11,454,206$9,977,553$18,861,647
59$19,818,542$11,948,939$10,245,279$20,632,375
60$21,771,415$12,465,819$10,519,878$22,578,536
61$23,921,320$13,005,864$10,801,514$24,717,842
62$26,288,285$13,570,143$11,090,355$27,069,803
63$28,894,381$14,159,771$11,386,573$29,655,912
64$31,763,927$14,775,918$11,690,342$32,499,849
65$34,923,719$15,419,810$12,001,841$35,627,699
66$38,403,286$16,092,729$12,321,250$39,068,201
67$42,235,166$16,796,017$12,648,756$42,853,018
68$46,455,211$17,531,080$12,984,548$47,017,032
69$51,102,931$18,299,392$13,328,819$51,598,675
70$56,221,862$19,102,493$13,681,766$56,640,290
71$61,859,975$19,941,999$14,043,589$62,188,529
72$68,070,136$20,819,600$14,414,492$68,294,792
73$74,910,597$21,737,068$14,794,685$75,015,711
74$82,445,551$22,696,257$15,184,380$82,413,685
75$90,745,733$23,699,110$15,583,793$90,557,466
76$99,889,092$24,747,660$15,993,144$99,522,804
77$109,961,523$25,844,039$16,412,658$109,393,167
78$121,057,680$26,990,479$16,842,564$120,260,523
79$133,281,868$28,189,317$17,283,094$132,226,204
80$146,749,027$29,443,001$17,734,485$145,401,869
81$161,585,816$30,754,097$18,196,980$159,910,549
82$177,931,813$32,125,291$18,670,821$175,887,808
83$195,940,824$33,559,397$19,156,261$193,483,024
84$215,782,344$35,059,363$19,653,551$212,860,795
85$237,643,149$36,628,277$20,162,951$234,202,489
86$261,729,062$38,269,375$20,684,722$257,707,958
87$288,266,898$39,986,046$21,219,131$283,597,419
88$317,506,599$41,781,840$21,766,450$312,113,533
89$349,723,598$43,660,476$22,326,952$343,523,692
90$385,221,419$45,625,853$22,900,918$378,122,540
91$424,334,536$47,682,053$23,488,632$416,234,753
92$467,431,538$49,833,353$24,090,381$458,218,104
93$514,918,604$52,084,235$24,706,457$504,466,831
94$567,243,334$54,439,396$25,337,156$555,415,364
95$624,898,983$56,903,755$25,982,780$611,542,415
96$688,429,109$59,482,468$26,643,632$673,375,501
97$758,432,705$62,180,937$27,320,021$741,495,916
98$835,569,859$65,004,820$28,012,260$816,544,217
99$920,567,979$67,960,051$28,720,665$899,226,269
100$1,014,228,661$71,052,842$29,445,556$990,319,903