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

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 $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%15.3%
1 years$668,890$662,932$657,119$651,446$645,905$631,831
2 years$331,134$324,967$318,990$313,195$307,574$293,466
3 years$218,563$212,369$206,408$200,667$195,138$181,435
4 years$162,289$156,114$150,212$144,569$139,174$125,983
5 years$128,533$122,395$116,571$111,043$105,798$93,155
6 years$106,036$99,945$94,206$88,802$83,714$71,634
7 years$89,974$83,934$78,286$73,009$68,082$56,566
8 years$77,932$71,947$66,393$61,245$56,481$45,525
9 years$68,572$62,642$57,184$52,168$47,565$37,162
10 years$61,087$55,216$49,854$44,969$40,528$30,666
11 years$54,968$49,156$43,891$39,136$34,855$25,522
12 years$49,872$44,120$38,952$34,328$30,205$21,386
13 years$45,564$39,871$34,801$30,306$26,339$18,020
14 years$41,874$36,242$31,269$26,903$23,089$15,251
15 years$38,679$33,108$28,232$23,992$20,329$12,956
16 years$35,886$30,376$25,596$21,483$17,967$11,041
17 years$33,424$27,975$23,291$19,302$15,931$9,433
18 years$31,239$25,850$21,262$17,395$14,165$8,076
19 years$29,285$23,957$19,464$15,718$12,625$6,928
20 years$27,529$22,262$17,863$14,236$11,277$5,952
21 years$25,943$20,737$16,431$12,920$10,092$5,120
22 years$24,502$19,357$15,144$11,747$9,046$4,410
23 years$23,189$18,104$13,983$10,698$8,120$3,802
24 years$21,987$16,962$12,931$9,757$7,299$3,280
25 years$20,883$15,918$11,977$8,911$6,568$2,832
26 years$19,866$14,961$11,108$8,148$5,916$2,447
27 years$18,925$14,080$10,315$7,458$5,334$2,115
28 years$18,053$13,267$9,589$6,833$4,813$1,829
29 years$17,243$12,516$8,923$6,266$4,346$1,582
30 years$16,488$11,820$8,312$5,751$3,927$1,369
31 years$15,783$11,174$7,749$5,281$3,550$1,185
32 years$15,124$10,573$7,230$4,854$3,211$1,026
33 years$14,506$10,013$6,751$4,463$2,906$889
34 years$13,925$9,490$6,307$4,107$2,631$770
35 years$13,379$9,001$5,897$3,781$2,383$667
36 years$12,865$8,543$5,516$3,482$2,159$578
37 years$12,379$8,114$5,163$3,208$1,957$501
38 years$11,920$7,711$4,835$2,957$1,774$434
39 years$11,486$7,333$4,530$2,726$1,609$376
40 years$11,074$6,976$4,246$2,515$1,459$326
41 years$10,683$6,641$3,981$2,320$1,324$283
42 years$10,312$6,325$3,735$2,141$1,201$245
43 years$9,960$6,026$3,504$1,977$1,090$213
44 years$9,624$5,744$3,290$1,825$990$184
45 years$9,304$5,477$3,089$1,685$898$160
46 years$8,999$5,225$2,901$1,557$816$139
47 years$8,708$4,987$2,726$1,438$741$120
48 years$8,429$4,760$2,561$1,329$673$104
49 years$8,163$4,546$2,407$1,228$611$90
50 years$7,908$4,342$2,263$1,135$555$78

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 $2,071 every year, while hoping to spend $50,652 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: 83/6/11 Blend
49$8,100,000$8,100,000$8,100,000$8,100,000
50$8,928,336$8,499,036$8,373,486$9,653,066
51$9,785,133$8,861,596$8,600,105$10,490,441
52$10,727,626$9,240,223$8,832,617$11,402,921
53$11,764,502$9,635,652$9,071,168$12,403,477
54$12,905,332$10,048,650$9,315,904$13,500,931
55$14,160,665$10,480,023$9,566,975$14,704,997
56$15,542,119$10,930,610$9,824,535$16,026,374
57$17,062,499$11,401,294$10,088,741$17,476,848
58$18,735,914$11,892,997$10,359,753$19,069,397
59$20,577,907$12,406,684$10,637,735$20,818,321
60$22,605,608$12,943,366$10,922,854$22,739,369
61$24,837,890$13,504,101$11,215,279$24,849,890
62$27,295,550$14,089,997$11,515,186$27,168,996
63$30,001,504$14,702,215$11,822,753$29,717,740
64$32,981,001$15,341,967$12,138,159$32,519,315
65$36,261,867$16,010,527$12,461,591$35,599,272
66$39,874,760$16,709,226$12,793,237$38,985,760
67$43,853,466$17,439,458$13,133,291$42,709,789
68$48,235,210$18,202,683$13,481,947$46,805,525
69$53,061,017$19,000,429$13,839,407$51,310,608
70$58,376,089$19,834,299$14,205,876$56,266,508
71$64,230,238$20,705,967$14,581,561$61,718,916
72$70,678,354$21,617,191$14,966,674$67,718,171
73$77,780,921$22,569,809$15,361,433$74,319,739
74$85,604,591$23,565,746$15,766,058$81,584,728
75$94,222,812$24,607,019$16,180,773$89,580,470
76$103,716,517$25,695,742$16,605,807$98,381,153
77$114,174,894$26,834,125$17,041,394$108,068,518
78$125,696,223$28,024,487$17,487,770$118,732,632
79$138,388,806$29,269,255$17,945,179$130,472,734
80$152,371,986$30,570,971$18,413,864$143,398,171
81$167,777,278$31,932,298$18,894,078$157,629,432
82$184,749,606$33,356,025$19,386,074$173,299,275
83$203,448,670$34,845,075$19,890,113$190,553,989
84$224,050,459$36,402,508$20,406,456$209,554,765
85$246,748,906$38,031,532$20,935,373$230,479,219
86$271,757,722$39,735,504$21,477,135$253,523,065
87$299,312,411$41,517,945$22,032,020$278,901,965
88$329,672,493$43,382,540$22,600,309$306,853,554
89$363,123,955$45,333,153$23,182,287$337,639,690
90$399,981,949$47,373,828$23,778,245$371,548,919
91$440,593,769$49,508,807$24,388,477$408,899,195
92$485,342,124$51,742,529$25,013,282$450,040,883
93$534,648,758$54,079,650$25,652,963$495,360,061
94$588,978,422$56,525,044$26,307,829$545,282,164
95$648,843,270$59,083,820$26,978,190$600,275,993
96$714,807,688$61,761,331$27,664,364$660,858,144
97$787,493,622$64,563,186$28,366,670$727,597,877
98$867,586,451$67,495,262$29,085,433$801,122,487
99$955,841,456$70,563,717$29,820,982$882,123,225
100$1,053,090,949$73,775,003$30,573,649$971,361,818