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%17%
1 years$668,890$662,932$657,119$651,446$645,905$627,493
2 years$331,134$324,967$318,990$313,195$307,574$289,167
3 years$218,563$212,369$206,408$200,667$195,138$177,313
4 years$162,289$156,114$150,212$144,569$139,174$122,068
5 years$128,533$122,395$116,571$111,043$105,798$89,458
6 years$106,036$99,945$94,206$88,802$83,714$68,155
7 years$89,974$83,934$78,286$73,009$68,082$53,304
8 years$77,932$71,947$66,393$61,245$56,481$42,475
9 years$68,572$62,642$57,184$52,168$47,565$34,318
10 years$61,087$55,216$49,854$44,969$40,528$28,022
11 years$54,968$49,156$43,891$39,136$34,855$23,070
12 years$49,872$44,120$38,952$34,328$30,205$19,117
13 years$45,564$39,871$34,801$30,306$26,339$15,925
14 years$41,874$36,242$31,269$26,903$23,089$13,322
15 years$38,679$33,108$28,232$23,992$20,329$11,183
16 years$35,886$30,376$25,596$21,483$17,967$9,415
17 years$33,424$27,975$23,291$19,302$15,931$7,945
18 years$31,239$25,850$21,262$17,395$14,165$6,718
19 years$29,285$23,957$19,464$15,718$12,625$5,690
20 years$27,529$22,262$17,863$14,236$11,277$4,826
21 years$25,943$20,737$16,431$12,920$10,092$4,098
22 years$24,502$19,357$15,144$11,747$9,046$3,483
23 years$23,189$18,104$13,983$10,698$8,120$2,963
24 years$21,987$16,962$12,931$9,757$7,299$2,522
25 years$20,883$15,918$11,977$8,911$6,568$2,148
26 years$19,866$14,961$11,108$8,148$5,916$1,831
27 years$18,925$14,080$10,315$7,458$5,334$1,561
28 years$18,053$13,267$9,589$6,833$4,813$1,331
29 years$17,243$12,516$8,923$6,266$4,346$1,136
30 years$16,488$11,820$8,312$5,751$3,927$969
31 years$15,783$11,174$7,749$5,281$3,550$827
32 years$15,124$10,573$7,230$4,854$3,211$706
33 years$14,506$10,013$6,751$4,463$2,906$603
34 years$13,925$9,490$6,307$4,107$2,631$515
35 years$13,379$9,001$5,897$3,781$2,383$440
36 years$12,865$8,543$5,516$3,482$2,159$376
37 years$12,379$8,114$5,163$3,208$1,957$321
38 years$11,920$7,711$4,835$2,957$1,774$274
39 years$11,486$7,333$4,530$2,726$1,609$234
40 years$11,074$6,976$4,246$2,515$1,459$200
41 years$10,683$6,641$3,981$2,320$1,324$171
42 years$10,312$6,325$3,735$2,141$1,201$146
43 years$9,960$6,026$3,504$1,977$1,090$125
44 years$9,624$5,744$3,290$1,825$990$107
45 years$9,304$5,477$3,089$1,685$898$91
46 years$8,999$5,225$2,901$1,557$816$78
47 years$8,708$4,987$2,726$1,438$741$67
48 years$8,429$4,760$2,561$1,329$673$57
49 years$8,163$4,546$2,407$1,228$611$49
50 years$7,908$4,342$2,263$1,135$555$42

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 $3,954 every year, while hoping to spend $20,902 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: 64/23/13 Blend
49$8,100,000$8,100,000$8,100,000$8,100,000
50$8,930,279$8,500,979$8,375,429$9,474,329
51$9,818,927$8,895,287$8,633,766$10,233,048
52$10,797,518$9,308,216$8,900,057$11,058,690
53$11,875,202$9,740,656$9,174,546$11,960,031
54$13,062,064$10,193,540$9,457,485$12,944,443
55$14,369,218$10,667,846$9,749,134$14,020,035
56$15,808,908$11,164,601$10,049,760$15,195,727
57$17,394,629$11,684,878$10,359,639$16,481,331
58$19,141,249$12,229,805$10,679,055$17,887,645
59$21,065,154$12,800,563$11,008,301$19,426,550
60$23,184,400$13,398,391$11,347,679$21,111,119
61$25,518,882$14,024,586$11,697,500$22,955,740
62$28,090,527$14,680,509$12,058,085$24,976,248
63$30,923,494$15,367,587$12,429,764$27,190,071
64$34,044,407$16,087,315$12,812,877$29,616,393
65$37,482,604$16,841,262$13,207,777$32,276,331
66$41,270,417$17,631,071$13,614,824$35,193,133
67$45,443,471$18,458,465$14,034,392$38,392,391
68$50,041,025$19,325,250$14,466,865$41,902,282
69$55,106,344$20,233,321$14,912,639$45,753,828
70$60,687,100$21,184,663$15,372,122$49,981,187
71$66,835,831$22,181,358$15,845,734$54,621,971
72$73,610,430$23,225,589$16,333,910$59,717,596
73$81,074,694$24,319,643$16,837,097$65,313,669
74$89,298,927$25,465,920$17,355,754$71,460,414
75$98,360,603$26,666,935$17,890,356$78,213,144
76$108,345,094$27,925,324$18,441,393$85,632,771
77$119,346,483$29,243,854$19,009,369$93,786,386
78$131,468,444$30,625,423$19,594,803$102,747,876
79$144,825,226$32,073,070$20,198,230$112,598,626
80$159,542,731$33,589,982$20,820,202$123,428,274
81$175,759,700$35,179,501$21,461,289$135,335,553
82$193,629,023$36,845,130$22,122,076$148,429,219
83$213,319,184$38,590,543$22,803,167$162,829,068
84$235,015,852$40,419,591$23,505,184$178,667,061
85$258,923,631$42,336,313$24,228,769$196,088,562
86$285,267,992$44,344,943$24,974,584$215,253,702
87$314,297,404$46,449,922$25,743,310$236,338,884
88$346,285,677$48,655,905$26,535,648$259,538,438
89$381,534,546$50,967,775$27,352,322$285,066,448
90$420,376,523$53,390,650$28,194,078$313,158,763
91$463,178,034$55,929,897$29,061,685$344,075,214
92$510,342,877$58,591,145$29,955,935$378,102,057
93$562,316,035$61,380,296$30,877,644$415,554,662
94$619,587,878$64,303,538$31,827,652$456,780,485
95$682,698,791$67,367,361$32,806,828$502,162,331
96$752,244,275$70,578,568$33,816,064$552,121,955
97$828,880,570$73,944,297$34,856,281$607,124,038
98$913,330,849$77,472,029$35,928,427$667,680,551
99$1,006,392,047$81,169,610$37,033,481$734,355,581
100$1,108,942,383$85,045,268$38,172,450$807,770,640