Can I retire at age 50 with 9,000,000?

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 $9,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$743,212$736,591$730,133$723,828$717,673$706,365
2 years$367,927$361,074$354,433$347,994$341,749$330,386
3 years$242,848$235,966$229,342$222,963$216,820$205,755
4 years$180,321$173,460$166,902$160,633$154,638$143,956
5 years$142,814$135,995$129,523$123,381$117,553$107,286
6 years$117,818$111,050$104,674$98,669$93,016$83,175
7 years$99,971$93,260$86,984$81,121$75,647$66,235
8 years$86,591$79,941$73,770$68,051$62,756$53,772
9 years$76,191$69,603$63,538$57,964$52,850$44,289
10 years$67,875$61,351$55,394$49,966$45,031$36,886
11 years$61,076$54,618$48,768$43,485$38,728$30,991
12 years$55,414$49,022$43,280$38,142$33,561$26,222
13 years$50,626$44,301$38,668$33,674$29,266$22,314
14 years$46,527$40,269$34,743$29,892$25,654$19,079
15 years$42,977$36,786$31,369$26,658$22,588$16,376
16 years$39,873$33,751$28,440$23,870$19,963$14,103
17 years$37,138$31,083$25,879$21,447$17,701$12,179
18 years$34,710$28,722$23,625$19,328$15,739$10,543
19 years$32,539$26,619$21,627$17,464$14,028$9,144
20 years$30,588$24,736$19,848$15,817$12,530$7,945
21 years$28,825$23,041$18,257$14,355$11,213$6,913
22 years$27,225$21,508$16,826$13,052$10,051$6,023
23 years$25,766$20,116$15,536$11,887$9,022$5,253
24 years$24,430$18,847$14,368$10,841$8,110$4,586
25 years$23,203$17,687$13,308$9,901$7,297$4,007
26 years$22,073$16,623$12,342$9,053$6,573$3,504
27 years$21,028$15,644$11,461$8,286$5,926$3,066
28 years$20,059$14,741$10,654$7,592$5,347$2,684
29 years$19,159$13,907$9,915$6,962$4,829$2,350
30 years$18,320$13,133$9,235$6,390$4,363$2,059
31 years$17,537$12,416$8,610$5,868$3,944$1,805
32 years$16,804$11,748$8,033$5,393$3,568$1,583
33 years$16,118$11,125$7,501$4,959$3,229$1,388
34 years$15,473$10,544$7,008$4,563$2,924$1,217
35 years$14,866$10,001$6,552$4,201$2,648$1,068
36 years$14,294$9,492$6,129$3,869$2,399$937
37 years$13,754$9,016$5,737$3,564$2,175$823
38 years$13,244$8,568$5,372$3,285$1,971$722
39 years$12,762$8,147$5,033$3,029$1,788$634
40 years$12,304$7,752$4,718$2,794$1,622$557
41 years$11,870$7,379$4,424$2,578$1,471$489
42 years$11,458$7,027$4,150$2,379$1,335$429
43 years$11,066$6,696$3,894$2,196$1,211$377
44 years$10,693$6,382$3,655$2,028$1,100$331
45 years$10,338$6,086$3,432$1,873$998$291
46 years$9,999$5,806$3,223$1,730$906$256
47 years$9,675$5,541$3,028$1,598$823$225
48 years$9,366$5,289$2,846$1,477$747$197
49 years$9,070$5,051$2,675$1,365$679$173
50 years$8,787$4,825$2,515$1,262$617$152

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $9,000,000, adding $4,795 every year, while hoping to spend $56,445 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: 67/25/8 Blend
49$9,000,000$9,000,000$9,000,000$9,000,000
50$9,922,946$9,445,946$9,306,446$10,572,752
51$10,875,029$9,848,740$9,558,155$11,407,571
52$11,922,334$10,269,380$9,816,404$12,312,659
53$13,074,511$10,708,679$10,081,354$13,300,633
54$14,342,199$11,167,491$10,353,166$14,379,582
55$15,737,113$11,646,709$10,632,008$15,558,406
56$17,272,168$12,147,267$10,918,049$16,846,897
57$18,961,589$12,670,143$11,211,463$18,255,832
58$20,821,052$13,216,361$11,512,428$19,797,067
59$22,867,830$13,786,993$11,821,125$21,483,653
60$25,120,955$14,383,162$12,137,739$23,329,950
61$27,601,398$15,006,042$12,462,459$25,351,766
62$30,332,266$15,656,864$12,795,477$27,566,502
63$33,339,021$16,336,915$13,136,990$29,993,311
64$36,649,721$17,047,543$13,487,199$32,653,279
65$40,295,282$17,790,162$13,846,308$35,569,621
66$44,309,769$18,566,248$14,214,528$38,767,893
67$48,730,721$19,377,350$14,592,070$42,276,237
68$53,599,503$20,225,088$14,979,153$46,125,635
69$58,961,695$21,111,161$15,375,998$50,350,207
70$64,867,525$22,037,345$15,782,831$54,987,522
71$71,372,340$23,005,502$16,199,883$60,078,952
72$78,537,128$24,017,580$16,627,388$65,670,058
73$86,429,095$25,075,623$17,065,587$71,811,017
74$95,122,301$26,181,766$17,514,722$78,557,091
75$104,698,353$27,338,250$17,975,042$85,969,142
76$115,247,180$28,547,419$18,446,801$94,114,204
77$126,867,879$29,811,729$18,930,256$103,066,110
78$139,669,653$31,133,754$19,425,669$112,906,186
79$153,772,837$32,516,187$19,933,308$123,724,010
80$169,310,037$33,961,851$20,453,445$135,618,252
81$186,427,381$35,473,703$20,986,356$148,697,604
82$205,285,898$37,054,838$21,532,323$163,081,794
83$226,063,036$38,708,501$22,091,632$178,902,714
84$248,954,338$40,438,090$22,664,574$196,305,658
85$274,175,288$42,247,164$23,251,445$215,450,685
86$301,963,345$44,139,452$23,852,545$236,514,123
87$332,580,182$46,118,862$24,468,182$259,690,226
88$366,314,158$48,189,484$25,098,664$285,193,000
89$403,483,041$50,355,607$25,744,307$313,258,216
90$444,437,001$52,621,722$26,405,432$344,145,626
91$489,561,925$54,992,536$27,082,364$378,141,405
92$539,283,050$57,472,979$27,775,431$415,560,844
93$594,068,982$60,068,216$28,484,969$456,751,317
94$654,436,120$62,783,660$29,211,318$502,095,548
95$720,953,527$65,624,983$29,954,820$552,015,218
96$794,248,305$68,598,125$30,715,824$606,974,927
97$875,011,512$71,709,313$31,494,684$667,486,575
98$964,004,687$74,965,070$32,291,757$734,114,176
99$1,062,067,039$78,372,233$33,107,405$807,479,176
100$1,170,123,369$81,937,963$33,941,995$888,266,301