Can I retire at age 50 with 8,100,000?

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 $8,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$668,890$662,932$657,119$651,446$645,905$641,566
2 years$331,134$324,967$318,990$313,195$307,574$303,197
3 years$218,563$212,369$206,408$200,667$195,138$190,860
4 years$162,289$156,114$150,212$144,569$139,174$135,027
5 years$128,533$122,395$116,571$111,043$105,798$101,795
6 years$106,036$99,945$94,206$88,802$83,714$79,860
7 years$89,974$83,934$78,286$73,009$68,082$64,378
8 years$77,932$71,947$66,393$61,245$56,481$52,928
9 years$68,572$62,642$57,184$52,168$47,565$44,162
10 years$61,087$55,216$49,854$44,969$40,528$37,272
11 years$54,968$49,156$43,891$39,136$34,855$31,746
12 years$49,872$44,120$38,952$34,328$30,205$27,238
13 years$45,564$39,871$34,801$30,306$26,339$23,513
14 years$41,874$36,242$31,269$26,903$23,089$20,399
15 years$38,679$33,108$28,232$23,992$20,329$17,772
16 years$35,886$30,376$25,596$21,483$17,967$15,539
17 years$33,424$27,975$23,291$19,302$15,931$13,628
18 years$31,239$25,850$21,262$17,395$14,165$11,984
19 years$29,285$23,957$19,464$15,718$12,625$10,561
20 years$27,529$22,262$17,863$14,236$11,277$9,326
21 years$25,943$20,737$16,431$12,920$10,092$8,249
22 years$24,502$19,357$15,144$11,747$9,046$7,307
23 years$23,189$18,104$13,983$10,698$8,120$6,482
24 years$21,987$16,962$12,931$9,757$7,299$5,756
25 years$20,883$15,918$11,977$8,911$6,568$5,116
26 years$19,866$14,961$11,108$8,148$5,916$4,552
27 years$18,925$14,080$10,315$7,458$5,334$4,053
28 years$18,053$13,267$9,589$6,833$4,813$3,611
29 years$17,243$12,516$8,923$6,266$4,346$3,220
30 years$16,488$11,820$8,312$5,751$3,927$2,872
31 years$15,783$11,174$7,749$5,281$3,550$2,563
32 years$15,124$10,573$7,230$4,854$3,211$2,289
33 years$14,506$10,013$6,751$4,463$2,906$2,044
34 years$13,925$9,490$6,307$4,107$2,631$1,827
35 years$13,379$9,001$5,897$3,781$2,383$1,633
36 years$12,865$8,543$5,516$3,482$2,159$1,460
37 years$12,379$8,114$5,163$3,208$1,957$1,305
38 years$11,920$7,711$4,835$2,957$1,774$1,167
39 years$11,486$7,333$4,530$2,726$1,609$1,044
40 years$11,074$6,976$4,246$2,515$1,459$934
41 years$10,683$6,641$3,981$2,320$1,324$836
42 years$10,312$6,325$3,735$2,141$1,201$748
43 years$9,960$6,026$3,504$1,977$1,090$670
44 years$9,624$5,744$3,290$1,825$990$600
45 years$9,304$5,477$3,089$1,685$898$537
46 years$8,999$5,225$2,901$1,557$816$481
47 years$8,708$4,987$2,726$1,438$741$431
48 years$8,429$4,760$2,561$1,329$673$386
49 years$8,163$4,546$2,407$1,228$611$345
50 years$7,908$4,342$2,263$1,135$555$309

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $8,100,000, adding $3,376 every year, while hoping to spend $55,979 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: 40/46/14 Blend
49$8,100,000$8,100,000$8,100,000$8,100,000
50$8,929,682$8,500,382$8,374,832$9,249,496
51$9,780,949$8,857,340$8,595,828$9,833,245
52$10,717,168$9,229,912$8,822,351$10,458,615
53$11,746,947$9,618,805$9,054,527$11,133,923
54$12,879,766$10,024,758$9,292,485$11,863,724
55$14,126,074$10,448,543$9,536,355$12,653,016
56$15,497,382$10,890,969$9,786,271$13,507,281
57$17,006,372$11,352,884$10,042,368$14,432,540
58$18,667,019$11,835,172$10,304,784$15,435,400
59$20,494,721$12,338,762$10,573,661$16,523,115
60$22,506,444$12,864,623$10,849,140$17,703,654
61$24,720,883$13,413,771$11,131,367$18,985,769
62$27,158,636$13,987,268$11,420,491$20,379,073
63$29,842,401$14,586,229$11,716,662$21,894,132
64$32,797,187$15,211,816$12,020,032$23,542,552
65$36,050,554$15,865,249$12,330,757$25,337,094
66$39,632,869$16,547,803$12,648,995$27,291,781
67$43,577,591$17,260,816$12,974,906$29,422,031
68$47,921,594$18,005,684$13,308,654$31,744,796
69$52,705,507$18,783,873$13,650,404$34,278,716
70$57,974,099$19,596,914$14,000,323$37,044,289
71$63,776,706$20,446,411$14,358,583$40,064,061
72$70,167,691$21,334,045$14,725,356$43,362,832
73$77,206,957$22,261,575$15,100,817$46,967,881
74$84,960,516$23,230,842$15,485,144$50,909,221
75$93,501,109$24,243,774$15,878,517$55,219,872
76$102,908,894$25,302,391$16,281,119$59,936,169
77$113,272,199$26,408,806$16,693,134$65,098,095
78$124,688,359$27,565,232$17,114,749$70,749,650
79$137,264,632$28,773,990$17,546,154$76,939,260
80$151,119,214$30,037,505$17,987,540$83,720,225
81$166,382,352$31,358,321$18,439,101$91,151,212
82$183,197,573$32,739,099$18,901,031$99,296,803
83$201,723,039$34,182,629$19,373,530$108,228,088
84$222,133,041$35,691,829$19,856,795$118,023,335
85$244,619,642$37,269,760$20,351,028$128,768,709
86$269,394,491$38,919,624$20,856,433$140,559,081
87$296,690,819$40,644,775$21,373,214$153,498,909
88$326,765,643$42,448,729$21,901,577$167,703,209
89$359,902,188$44,335,167$22,441,729$183,298,637
90$396,412,563$46,307,942$22,993,880$200,424,659
91$436,640,708$48,371,095$23,558,238$219,234,864
92$480,965,637$50,528,856$24,135,016$239,898,394
93$529,805,018$52,785,655$24,724,424$262,601,525
94$583,619,113$55,146,135$25,326,676$287,549,414
95$642,915,126$57,615,160$25,941,983$314,968,013
96$708,251,989$60,197,822$26,570,560$345,106,188
97$780,245,637$62,899,461$27,212,618$378,238,051
98$859,574,823$65,725,665$27,868,372$414,665,526
99$946,987,526$68,682,294$28,538,034$454,721,179
100$1,043,308,011$71,775,484$29,221,815$498,771,338