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%17.5%
1 years$677,148$671,117$665,232$659,488$653,880$633,964
2 years$335,222$328,979$322,928$317,062$311,371$291,478
3 years$221,261$214,991$208,956$203,144$197,547$178,299
4 years$164,292$158,041$152,066$146,354$140,892$122,437
5 years$130,120$123,906$118,010$112,414$107,104$89,493
6 years$107,345$101,179$95,369$89,898$84,748$67,995
7 years$91,085$84,970$79,252$73,910$68,922$53,028
8 years$78,894$72,835$67,212$62,002$57,178$42,131
9 years$69,418$63,416$57,890$52,812$48,152$33,937
10 years$61,842$55,898$50,470$45,524$41,028$27,624
11 years$55,647$49,763$44,433$39,620$35,285$22,669
12 years$50,488$44,664$39,433$34,752$30,578$18,723
13 years$46,126$40,363$35,231$30,681$26,664$15,544
14 years$42,391$36,689$31,655$27,235$23,374$12,958
15 years$39,156$33,516$28,580$24,289$20,580$10,840
16 years$36,329$30,751$25,912$21,748$18,189$9,093
17 years$33,837$28,320$23,579$19,540$16,127$7,645
18 years$31,624$26,169$21,525$17,610$14,340$6,441
19 years$29,647$24,253$19,705$15,912$12,781$5,434
20 years$27,869$22,537$18,084$14,411$11,416$4,592
21 years$26,263$20,993$16,634$13,079$10,216$3,884
22 years$24,805$19,596$15,331$11,892$9,158$3,288
23 years$23,475$18,328$14,155$10,830$8,220$2,786
24 years$22,259$17,172$13,091$9,878$7,389$2,362
25 years$21,141$16,115$12,125$9,021$6,649$2,004
26 years$20,111$15,145$11,245$8,248$5,989$1,701
27 years$19,159$14,254$10,442$7,550$5,400$1,444
28 years$18,276$13,431$9,707$6,917$4,872$1,227
29 years$17,456$12,671$9,034$6,343$4,399$1,042
30 years$16,692$11,966$8,414$5,822$3,975$886
31 years$15,978$11,312$7,845$5,347$3,594$753
32 years$15,311$10,703$7,319$4,914$3,251$640
33 years$14,685$10,136$6,834$4,519$2,942$544
34 years$14,097$9,607$6,385$4,157$2,664$463
35 years$13,544$9,112$5,970$3,827$2,413$394
36 years$13,023$8,649$5,585$3,525$2,186$335
37 years$12,532$8,214$5,227$3,248$1,981$285
38 years$12,067$7,806$4,895$2,993$1,796$242
39 years$11,627$7,423$4,586$2,760$1,629$206
40 years$11,211$7,062$4,298$2,546$1,477$175
41 years$10,815$6,723$4,031$2,349$1,340$149
42 years$10,440$6,403$3,781$2,168$1,216$127
43 years$10,083$6,100$3,548$2,001$1,104$108
44 years$9,743$5,815$3,330$1,848$1,002$92
45 years$9,419$5,545$3,127$1,706$910$78
46 years$9,110$5,290$2,937$1,576$826$67
47 years$8,815$5,048$2,759$1,456$750$57
48 years$8,533$4,819$2,593$1,346$681$48
49 years$8,264$4,602$2,437$1,244$619$41
50 years$8,006$4,396$2,291$1,149$562$35

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 $3,283 every year, while hoping to spend $36,114 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: 44/50/6 Blend
49$8,200,000$8,200,000$8,200,000$8,200,000
50$9,039,786$8,605,186$8,478,086$9,422,116
51$9,923,420$8,988,416$8,723,677$10,069,790
52$10,895,973$9,389,212$8,976,285$10,767,330
53$11,966,478$9,808,400$9,236,107$11,522,461
54$13,144,887$10,246,840$9,503,345$12,340,474
55$14,442,166$10,705,435$9,778,206$13,227,170
56$15,870,396$11,185,131$10,060,906$14,188,919
57$17,442,893$11,686,918$10,351,662$15,232,709
58$19,174,326$12,211,835$10,650,701$16,366,213
59$21,080,862$12,760,970$10,958,254$17,597,854
60$23,180,313$13,335,460$11,274,559$18,936,881
61$25,492,307$13,936,501$11,599,859$20,393,453
62$28,038,475$14,565,342$11,934,407$21,978,729
63$30,842,650$15,223,294$12,278,460$23,704,969
64$33,931,094$15,911,729$12,632,282$25,585,644
65$37,332,748$16,632,086$12,996,146$27,635,558
66$41,079,502$17,385,872$13,370,331$29,870,981
67$45,206,498$18,174,667$13,755,124$32,309,800
68$49,752,459$19,000,124$14,150,819$34,971,677
69$54,760,058$19,863,978$14,557,719$37,878,231
70$60,276,316$20,768,045$14,976,135$41,053,235
71$66,353,051$21,714,230$15,406,386$44,522,832
72$73,047,362$22,704,527$15,848,800$48,315,775
73$80,422,172$23,741,027$16,303,713$52,463,692
74$88,546,817$24,825,921$16,771,471$57,001,373
75$97,497,706$25,961,505$17,252,429$61,967,095
76$107,359,038$27,150,184$17,746,951$67,402,967
77$118,223,597$28,394,481$18,255,411$73,355,325
78$130,193,630$29,697,037$18,778,194$79,875,157
79$143,381,811$31,060,622$19,315,694$87,018,572
80$157,912,301$32,488,138$19,868,315$94,847,322
81$173,921,926$33,982,627$20,436,474$103,429,373
82$191,561,464$35,547,277$21,020,597$112,839,531
83$210,997,069$37,185,429$21,621,123$123,160,143
84$232,411,840$38,900,586$22,238,501$134,481,853
85$256,007,550$40,696,416$22,873,193$146,904,452
86$282,006,547$42,576,768$23,525,672$160,537,799
87$310,653,859$44,545,674$24,196,426$175,502,847
88$342,219,499$46,607,359$24,885,953$191,932,770
89$377,001,022$48,766,253$25,594,766$209,974,201
90$415,326,327$51,027,000$26,323,392$229,788,599
91$457,556,756$53,394,466$27,072,368$251,553,759
92$504,090,503$55,873,753$27,842,251$275,465,468
93$555,366,376$58,470,209$28,633,608$301,739,334
94$611,867,935$61,189,438$29,447,023$330,612,804
95$674,128,060$64,037,316$30,283,094$362,347,378
96$742,733,980$67,020,002$31,142,435$397,231,062
97$818,332,817$70,143,953$32,025,678$435,581,057
98$901,637,695$73,415,937$32,933,468$477,746,733
99$993,434,470$76,843,048$33,866,470$524,112,900
100$1,094,589,153$80,432,725$34,825,363$575,103,412