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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.3%
1 years$743,212$736,591$730,133$723,828$717,673$702,035
2 years$367,927$361,074$354,433$347,994$341,749$326,073
3 years$242,848$235,966$229,342$222,963$216,820$201,595
4 years$180,321$173,460$166,902$160,633$154,638$139,981
5 years$142,814$135,995$129,523$123,381$117,553$103,506
6 years$117,818$111,050$104,674$98,669$93,016$79,593
7 years$99,971$93,260$86,984$81,121$75,647$62,851
8 years$86,591$79,941$73,770$68,051$62,756$50,583
9 years$76,191$69,603$63,538$57,964$52,850$41,291
10 years$67,875$61,351$55,394$49,966$45,031$34,074
11 years$61,076$54,618$48,768$43,485$38,728$28,358
12 years$55,414$49,022$43,280$38,142$33,561$23,763
13 years$50,626$44,301$38,668$33,674$29,266$20,022
14 years$46,527$40,269$34,743$29,892$25,654$16,946
15 years$42,977$36,786$31,369$26,658$22,588$14,396
16 years$39,873$33,751$28,440$23,870$19,963$12,267
17 years$37,138$31,083$25,879$21,447$17,701$10,481
18 years$34,710$28,722$23,625$19,328$15,739$8,974
19 years$32,539$26,619$21,627$17,464$14,028$7,698
20 years$30,588$24,736$19,848$15,817$12,530$6,613
21 years$28,825$23,041$18,257$14,355$11,213$5,689
22 years$27,225$21,508$16,826$13,052$10,051$4,900
23 years$25,766$20,116$15,536$11,887$9,022$4,224
24 years$24,430$18,847$14,368$10,841$8,110$3,645
25 years$23,203$17,687$13,308$9,901$7,297$3,147
26 years$22,073$16,623$12,342$9,053$6,573$2,719
27 years$21,028$15,644$11,461$8,286$5,926$2,350
28 years$20,059$14,741$10,654$7,592$5,347$2,032
29 years$19,159$13,907$9,915$6,962$4,829$1,758
30 years$18,320$13,133$9,235$6,390$4,363$1,522
31 years$17,537$12,416$8,610$5,868$3,944$1,317
32 years$16,804$11,748$8,033$5,393$3,568$1,141
33 years$16,118$11,125$7,501$4,959$3,229$988
34 years$15,473$10,544$7,008$4,563$2,924$856
35 years$14,866$10,001$6,552$4,201$2,648$741
36 years$14,294$9,492$6,129$3,869$2,399$642
37 years$13,754$9,016$5,737$3,564$2,175$557
38 years$13,244$8,568$5,372$3,285$1,971$482
39 years$12,762$8,147$5,033$3,029$1,788$418
40 years$12,304$7,752$4,718$2,794$1,622$363
41 years$11,870$7,379$4,424$2,578$1,471$314
42 years$11,458$7,027$4,150$2,379$1,335$272
43 years$11,066$6,696$3,894$2,196$1,211$236
44 years$10,693$6,382$3,655$2,028$1,100$205
45 years$10,338$6,086$3,432$1,873$998$178
46 years$9,999$5,806$3,223$1,730$906$154
47 years$9,675$5,541$3,028$1,598$823$134
48 years$9,366$5,289$2,846$1,477$747$116
49 years$9,070$5,051$2,675$1,365$679$100
50 years$8,787$4,825$2,515$1,262$617$87

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 $5,701 every year, while hoping to spend $39,671 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: 55/24/21 Blend
49$9,000,000$9,000,000$9,000,000$9,000,000
50$9,923,881$9,446,881$9,307,381$10,412,798
51$10,893,907$9,867,568$9,576,968$11,168,754
52$11,961,546$10,307,540$9,854,257$11,986,899
53$13,136,713$10,767,698$10,139,464$12,877,020
54$14,430,332$11,248,990$10,432,811$13,846,025
55$15,854,442$11,752,406$10,734,525$14,901,509
56$17,422,305$12,278,984$11,044,842$16,051,825
57$19,148,537$12,829,812$11,364,002$17,306,156
58$21,049,244$13,406,029$11,692,252$18,674,604
59$23,142,171$14,008,828$12,029,846$20,168,281
60$25,446,872$14,639,460$12,377,046$21,799,411
61$27,984,895$15,299,236$12,734,119$23,581,441
62$30,779,984$15,989,528$13,101,341$25,529,168
63$33,858,301$16,711,774$13,478,995$27,658,873
64$37,248,678$17,467,481$13,867,372$29,988,473
65$40,982,883$18,258,227$14,266,769$32,537,685
66$45,095,925$19,085,668$14,677,493$35,328,211
67$49,626,379$19,951,536$15,099,859$38,383,937
68$54,616,756$20,857,647$15,534,191$41,731,156
69$60,113,899$21,805,906$15,980,820$45,398,811
70$66,169,427$22,798,305$16,440,088$49,418,764
71$72,840,222$23,836,936$16,912,344$53,826,094
72$80,188,965$24,923,986$17,397,948$58,659,422
73$88,284,730$26,061,752$17,897,270$63,961,270
74$97,203,633$27,252,639$18,410,689$69,778,462
75$107,029,551$28,499,165$18,938,594$76,162,553
76$117,854,913$29,803,972$19,481,385$83,170,317
77$129,781,575$31,169,827$20,039,472$90,864,275
78$142,921,778$32,599,631$20,613,277$99,313,279
79$157,399,210$34,096,424$21,203,233$108,593,155
80$173,350,172$35,663,392$21,809,784$118,787,412
81$190,924,864$37,303,872$22,433,386$129,988,029
82$210,288,803$39,021,365$23,074,507$142,296,306
83$231,624,387$40,819,537$23,733,628$155,823,824
84$255,132,612$42,702,233$24,411,243$170,693,482
85$281,034,977$44,673,480$25,107,858$187,040,653
86$309,575,566$46,737,502$25,823,993$205,014,455
87$341,023,359$48,898,725$26,560,181$224,779,145
88$375,674,765$51,161,786$27,316,972$246,515,665
89$413,856,427$53,531,549$28,094,925$270,423,338
90$455,928,297$56,013,110$28,894,620$296,721,742
91$502,287,041$58,611,810$29,716,648$325,652,768
92$553,369,780$61,333,249$30,561,616$357,482,897
93$609,658,216$64,183,297$31,430,149$392,505,704
94$671,683,181$67,168,106$32,322,886$431,044,612
95$740,029,648$70,294,125$33,240,484$473,455,941
96$815,342,249$73,568,114$34,183,618$520,132,251
97$898,331,368$76,997,161$35,152,978$571,506,040
98$989,779,839$80,588,694$36,149,275$628,053,808
99$1,090,550,342$84,350,500$37,173,235$690,300,546
100$1,201,593,545$88,290,742$38,225,607$758,824,669