Can I retire at age 50 with 8,200,000?

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 $8,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$677,148$671,117$665,232$659,488$653,880$650,304
2 years$335,222$328,979$322,928$317,062$311,371$307,763
3 years$221,261$214,991$208,956$203,144$197,547$194,018
4 years$164,292$158,041$152,066$146,354$140,892$137,470
5 years$130,120$123,906$118,010$112,414$107,104$103,798
6 years$107,345$101,179$95,369$89,898$84,748$81,563
7 years$91,085$84,970$79,252$73,910$68,922$65,860
8 years$78,894$72,835$67,212$62,002$57,178$54,238
9 years$69,418$63,416$57,890$52,812$48,152$45,335
10 years$61,842$55,898$50,470$45,524$41,028$38,331
11 years$55,647$49,763$44,433$39,620$35,285$32,707
12 years$50,488$44,664$39,433$34,752$30,578$28,116
13 years$46,126$40,363$35,231$30,681$26,664$24,317
14 years$42,391$36,689$31,655$27,235$23,374$21,138
15 years$39,156$33,516$28,580$24,289$20,580$18,453
16 years$36,329$30,751$25,912$21,748$18,189$16,167
17 years$33,837$28,320$23,579$19,540$16,127$14,208
18 years$31,624$26,169$21,525$17,610$14,340$12,520
19 years$29,647$24,253$19,705$15,912$12,781$11,058
20 years$27,869$22,537$18,084$14,411$11,416$9,786
21 years$26,263$20,993$16,634$13,079$10,216$8,675
22 years$24,805$19,596$15,331$11,892$9,158$7,702
23 years$23,475$18,328$14,155$10,830$8,220$6,847
24 years$22,259$17,172$13,091$9,878$7,389$6,094
25 years$21,141$16,115$12,125$9,021$6,649$5,430
26 years$20,111$15,145$11,245$8,248$5,989$4,842
27 years$19,159$14,254$10,442$7,550$5,400$4,322
28 years$18,276$13,431$9,707$6,917$4,872$3,860
29 years$17,456$12,671$9,034$6,343$4,399$3,450
30 years$16,692$11,966$8,414$5,822$3,975$3,085
31 years$15,978$11,312$7,845$5,347$3,594$2,760
32 years$15,311$10,703$7,319$4,914$3,251$2,470
33 years$14,685$10,136$6,834$4,519$2,942$2,212
34 years$14,097$9,607$6,385$4,157$2,664$1,981
35 years$13,544$9,112$5,970$3,827$2,413$1,775
36 years$13,023$8,649$5,585$3,525$2,186$1,591
37 years$12,532$8,214$5,227$3,248$1,981$1,426
38 years$12,067$7,806$4,895$2,993$1,796$1,279
39 years$11,627$7,423$4,586$2,760$1,629$1,147
40 years$11,211$7,062$4,298$2,546$1,477$1,029
41 years$10,815$6,723$4,031$2,349$1,340$923
42 years$10,440$6,403$3,781$2,168$1,216$828
43 years$10,083$6,100$3,548$2,001$1,104$743
44 years$9,743$5,815$3,330$1,848$1,002$667
45 years$9,419$5,545$3,127$1,706$910$599
46 years$9,110$5,290$2,937$1,576$826$538
47 years$8,815$5,048$2,759$1,456$750$483
48 years$8,533$4,819$2,593$1,346$681$433
49 years$8,264$4,602$2,437$1,244$619$389
50 years$8,006$4,396$2,291$1,149$562$350

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $8,200,000, adding $3,477 every year, while hoping to spend $45,419 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: 29/46/25 Blend
49$8,200,000$8,200,000$8,200,000$8,200,000
50$9,039,987$8,605,387$8,478,287$9,231,802
51$9,913,740$8,978,725$8,713,984$9,755,226
52$10,875,093$9,368,835$8,956,054$10,313,336
53$11,932,935$9,776,490$9,204,664$10,912,440
54$13,097,057$10,202,500$9,459,983$11,556,103
55$14,378,248$10,647,714$9,722,184$12,248,228
56$15,788,398$11,113,021$9,991,446$12,993,087
57$17,340,606$11,599,350$10,267,950$13,795,364
58$19,049,305$12,107,675$10,551,884$14,660,189
59$20,930,399$12,639,017$10,843,438$15,593,188
60$23,001,415$13,194,444$11,142,808$16,600,527
61$25,281,662$13,775,074$11,450,194$17,688,968
62$27,792,419$14,382,080$11,765,803$18,865,931
63$30,557,131$15,016,687$12,089,843$20,139,555
64$33,601,635$15,680,182$12,422,529$21,518,772
65$36,954,401$16,373,910$12,764,083$23,013,387
66$40,646,799$17,099,280$13,114,729$24,634,164
67$44,713,397$17,857,770$13,474,697$26,392,923
68$49,192,288$18,650,925$13,844,224$28,302,644
69$54,125,448$19,480,366$14,223,551$30,377,586
70$59,559,128$20,347,790$14,612,926$32,633,413
71$65,544,301$21,254,973$15,012,600$35,087,339
72$72,137,130$22,203,777$15,422,833$37,758,276
73$79,399,508$23,196,153$15,843,888$40,667,015
74$87,399,637$24,234,144$16,276,038$43,836,407
75$96,212,673$25,319,889$16,719,558$47,291,575
76$105,921,434$26,455,632$17,174,731$51,060,142
77$116,617,183$27,643,721$17,641,848$55,172,481
78$128,400,489$28,886,617$18,121,203$59,661,996
79$141,382,176$30,186,898$18,613,100$64,565,428
80$155,684,367$31,547,265$19,117,848$69,923,187
81$171,441,639$32,970,548$19,635,763$75,779,730
82$188,802,293$34,459,712$20,167,168$82,183,964
83$207,929,753$36,017,863$20,712,394$89,189,702
84$229,004,107$37,648,258$21,271,778$96,856,154
85$252,223,809$39,354,305$21,845,666$105,248,477
86$277,807,551$41,139,580$22,434,409$114,438,376
87$305,996,327$43,007,825$23,038,368$124,504,769
88$337,055,709$44,962,965$23,657,910$135,534,515
89$371,278,353$47,009,112$24,293,411$147,623,223
90$408,986,759$49,150,573$24,945,255$160,876,136
91$450,536,321$51,391,863$25,613,833$175,409,109
92$496,318,674$53,737,713$26,299,545$191,349,689
93$546,765,399$56,193,081$27,002,799$208,838,298
94$602,352,089$58,763,161$27,724,013$228,029,542
95$663,602,845$61,453,399$28,463,610$249,093,649
96$731,095,220$64,269,500$29,222,026$272,218,059
97$805,465,671$67,217,444$29,999,702$297,609,173
98$887,415,568$70,303,498$30,797,091$325,494,274
99$977,717,815$73,534,228$31,614,653$356,123,656
100$1,077,224,146$76,916,519$32,452,858$389,772,960