Can I retire at age 50 with 8,600,000?

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 $8,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$710,180$703,854$697,682$691,658$685,776$681,454
2 years$351,574$345,026$338,681$332,528$326,560$322,201
3 years$232,055$225,479$219,149$213,054$207,183$202,921
4 years$172,307$165,751$159,484$153,493$147,765$143,633
5 years$136,467$129,951$123,766$117,898$112,328$108,339
6 years$112,582$106,114$100,022$94,284$88,882$85,040
7 years$95,528$89,115$83,118$77,516$72,285$68,592
8 years$82,743$76,388$70,491$65,026$59,967$56,424
9 years$72,804$66,509$60,714$55,388$50,501$47,106
10 years$64,858$58,625$52,932$47,745$43,029$39,781
11 years$58,361$52,190$46,600$41,552$37,007$33,903
12 years$52,951$46,843$41,357$36,447$32,069$29,108
13 years$48,376$42,332$36,949$32,177$27,965$25,142
14 years$44,459$38,479$33,199$28,563$24,514$21,827
15 years$41,066$35,151$29,974$25,473$21,584$19,029
16 years$38,101$32,251$27,176$22,809$19,076$16,650
17 years$35,488$29,702$24,729$20,493$16,914$14,612
18 years$33,167$27,446$22,575$18,469$15,039$12,858
19 years$31,093$25,436$20,666$16,688$13,405$11,340
20 years$29,229$23,637$18,966$15,114$11,973$10,021
21 years$27,544$22,017$17,445$13,717$10,715$8,870
22 years$26,015$20,552$16,078$12,472$9,604$7,863
23 years$24,621$19,222$14,846$11,359$8,621$6,980
24 years$23,344$18,009$13,730$10,360$7,749$6,203
25 years$22,172$16,901$12,716$9,461$6,973$5,518
26 years$21,092$15,884$11,794$8,651$6,281$4,914
27 years$20,093$14,949$10,952$7,918$5,663$4,378
28 years$19,168$14,086$10,181$7,255$5,110$3,904
29 years$18,307$13,289$9,474$6,653$4,614$3,484
30 years$17,506$12,550$8,825$6,106$4,169$3,110
31 years$16,758$11,864$8,227$5,607$3,769$2,778
32 years$16,058$11,225$7,676$5,153$3,409$2,482
33 years$15,401$10,631$7,167$4,739$3,086$2,219
34 years$14,785$10,076$6,697$4,360$2,794$1,984
35 years$14,205$9,556$6,261$4,014$2,530$1,775
36 years$13,659$9,070$5,857$3,697$2,293$1,588
37 years$13,143$8,615$5,482$3,406$2,078$1,422
38 years$12,656$8,187$5,134$3,139$1,884$1,273
39 years$12,195$7,785$4,810$2,895$1,708$1,139
40 years$11,758$7,407$4,508$2,670$1,549$1,020
41 years$11,343$7,051$4,227$2,463$1,406$914
42 years$10,949$6,715$3,965$2,273$1,276$819
43 years$10,575$6,398$3,721$2,099$1,158$733
44 years$10,218$6,099$3,493$1,938$1,051$657
45 years$9,878$5,816$3,279$1,790$954$589
46 years$9,554$5,548$3,080$1,653$866$528
47 years$9,245$5,294$2,894$1,527$786$473
48 years$8,950$5,054$2,719$1,411$714$424
49 years$8,667$4,826$2,556$1,304$649$380
50 years$8,397$4,610$2,403$1,205$589$341

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $8,600,000, adding $4,310 every year, while hoping to spend $52,895 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: 56/25/19 Blend
49$8,600,000$8,600,000$8,600,000$8,600,000
50$9,481,646$9,025,846$8,892,546$9,964,189
51$10,392,494$9,411,832$9,134,166$10,679,562
52$11,394,475$9,814,959$9,382,108$11,452,446
53$12,496,831$10,236,011$9,636,527$12,293,250
54$13,709,740$10,675,808$9,897,583$13,208,502
55$15,044,420$11,135,209$10,165,439$14,205,383
56$16,513,230$11,615,114$10,440,261$15,291,788
57$18,129,789$12,116,465$10,722,219$16,476,401
58$19,909,102$12,640,245$11,011,488$17,768,776
59$21,867,702$13,187,489$11,308,244$19,179,421
60$24,023,807$13,759,275$11,612,670$20,719,898
61$26,397,491$14,356,736$11,924,950$22,402,929
62$29,010,874$14,981,054$12,245,274$24,242,510
63$31,888,328$15,633,471$12,573,836$26,254,048
64$35,056,710$16,315,283$12,910,832$28,454,494
65$38,545,614$17,027,852$13,256,464$30,862,509
66$42,387,649$17,772,599$13,610,939$33,498,629
67$46,618,749$18,551,016$13,974,465$36,385,463
68$51,278,509$19,364,664$14,347,257$39,547,898
69$56,410,562$20,215,177$14,729,535$43,013,330
70$62,062,985$21,104,267$15,121,521$46,811,924
71$68,288,760$22,033,726$15,523,442$50,976,891
72$75,146,268$23,005,433$15,935,531$55,544,795
73$82,699,840$24,021,352$16,358,025$60,555,902
74$91,020,370$25,083,545$16,791,165$66,054,546
75$100,185,976$26,194,167$17,235,197$72,089,552
76$110,282,742$27,355,478$17,690,373$78,714,685
77$121,405,529$28,569,843$18,156,947$85,989,157
78$133,658,869$29,839,742$18,635,181$93,978,178
79$147,157,955$31,167,770$19,125,341$102,753,570
80$162,029,722$32,556,646$19,627,695$112,394,432
81$178,414,052$34,009,220$20,142,521$122,987,891
82$196,465,088$35,528,474$20,670,098$134,629,909
83$216,352,693$37,117,536$21,210,713$147,426,188
84$238,264,051$38,779,679$21,764,655$161,493,160
85$262,405,434$40,518,333$22,332,221$176,959,076
86$289,004,150$42,337,092$22,913,712$193,965,215
87$318,310,685$44,239,722$23,509,433$212,667,205
88$350,601,072$46,230,166$24,119,697$233,236,487
89$386,179,494$48,312,556$24,744,819$255,861,925
90$425,381,154$50,491,223$25,385,122$280,751,578
91$468,575,441$52,770,702$26,040,933$308,134,658
92$516,169,416$55,155,746$26,712,584$338,263,682
93$568,611,653$57,651,335$27,400,412$371,416,848
94$626,396,477$60,262,685$28,104,761$407,900,649
95$690,068,625$62,995,264$28,825,978$448,052,755
96$760,228,393$65,854,801$29,564,417$492,245,194
97$837,537,300$68,847,297$30,320,436$540,887,846
98$922,724,332$71,979,042$31,094,398$594,432,305
99$1,016,592,825$75,256,626$31,886,672$653,376,128
100$1,120,028,049$78,686,957$32,697,631$718,267,517