Can I retire at age 50 with 9,200,000?

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 $9,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$759,727$752,960$746,358$739,913$733,621$707,591
2 years$376,103$369,098$362,310$355,728$349,343$323,396
3 years$248,244$241,210$234,438$227,918$221,638$196,589
4 years$184,328$177,315$170,611$164,202$158,074$134,115
5 years$145,988$139,017$132,401$126,123$120,165$97,358
6 years$120,436$113,518$107,000$100,862$95,083$73,445
7 years$102,192$95,332$88,917$82,924$77,328$56,855
8 years$88,516$81,717$75,409$69,563$64,151$44,826
9 years$77,884$71,149$64,950$59,252$54,024$35,822
10 years$69,383$62,715$56,625$51,076$46,031$28,921
11 years$62,433$55,831$49,851$44,451$39,588$23,534
12 years$56,645$50,111$44,242$38,990$34,307$19,271
13 years$51,751$45,286$39,527$34,422$29,916$15,858
14 years$47,560$41,164$35,515$30,556$26,224$13,101
15 years$43,932$37,604$32,066$27,251$23,090$10,859
16 years$40,759$34,501$29,072$24,400$20,407$9,024
17 years$37,963$31,774$26,455$21,923$18,094$7,515
18 years$35,481$29,360$24,150$19,757$16,088$6,270
19 years$33,262$27,211$22,108$17,852$14,340$5,238
20 years$31,268$25,286$20,289$16,169$12,809$4,382
21 years$29,466$23,553$18,662$14,674$11,462$3,670
22 years$27,830$21,986$17,200$13,342$10,274$3,075
23 years$26,338$20,563$15,881$12,151$9,223$2,579
24 years$24,973$19,266$14,688$11,082$8,290$2,164
25 years$23,719$18,080$13,604$10,121$7,460$1,817
26 years$22,563$16,992$12,617$9,254$6,719$1,526
27 years$21,495$15,992$11,716$8,471$6,058$1,283
28 years$20,505$15,069$10,891$7,761$5,466$1,078
29 years$19,585$14,216$10,135$7,117$4,936$906
30 years$18,727$13,425$9,441$6,532$4,460$762
31 years$17,927$12,691$8,801$5,999$4,032$641
32 years$17,178$12,009$8,212$5,513$3,647$539
33 years$16,476$11,372$7,667$5,070$3,301$453
34 years$15,817$10,778$7,164$4,664$2,989$381
35 years$15,196$10,223$6,698$4,294$2,707$321
36 years$14,612$9,703$6,266$3,955$2,453$270
37 years$14,060$9,216$5,864$3,644$2,223$227
38 years$13,539$8,758$5,492$3,358$2,015$191
39 years$13,045$8,328$5,145$3,097$1,827$161
40 years$12,578$7,924$4,823$2,856$1,658$135
41 years$12,134$7,543$4,522$2,635$1,504$114
42 years$11,713$7,183$4,242$2,432$1,365$96
43 years$11,312$6,844$3,980$2,245$1,238$81
44 years$10,931$6,524$3,736$2,073$1,124$68
45 years$10,568$6,221$3,508$1,914$1,020$57
46 years$10,221$5,935$3,295$1,768$927$48
47 years$9,890$5,664$3,096$1,634$841$41
48 years$9,574$5,407$2,909$1,510$764$34
49 years$9,272$5,163$2,734$1,395$694$29
50 years$8,982$4,932$2,571$1,290$630$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $9,200,000, adding $6,205 every year, while hoping to spend $24,594 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: 55/32/13 Blend
49$9,200,000$9,200,000$9,200,000$9,200,000
50$10,144,800$9,657,200$9,514,600$10,668,339
51$11,153,402$10,104,235$9,807,172$11,471,502
52$12,264,057$10,572,351$10,108,720$12,342,384
53$13,487,149$11,062,554$10,419,520$13,290,073
54$14,834,118$11,575,899$10,739,854$14,321,897
55$16,317,574$12,113,494$11,070,015$15,445,907
56$17,951,410$12,676,498$11,410,303$16,670,954
57$19,750,934$13,266,127$11,761,029$18,006,767
58$21,733,016$13,883,655$12,122,511$19,464,042
59$23,916,247$14,530,417$12,495,078$21,054,537
60$26,321,111$15,207,814$12,879,070$22,791,186
61$28,970,182$15,917,314$13,274,836$24,688,209
62$31,888,334$16,660,456$13,682,736$26,761,247
63$35,102,977$17,438,852$14,103,141$29,027,506
64$38,644,319$18,254,193$14,536,434$31,505,913
65$42,545,643$19,108,253$14,983,009$34,217,290
66$46,843,631$20,002,889$15,443,272$37,184,547
67$51,578,700$20,940,050$15,917,640$40,432,893
68$56,795,393$21,921,777$16,406,546$43,990,067
69$62,542,791$22,950,213$16,910,434$47,886,597
70$68,874,984$24,027,602$17,429,762$52,156,080
71$75,851,575$25,156,296$17,965,001$56,835,497
72$83,538,245$26,338,764$18,516,638$61,965,551
73$92,007,374$27,577,592$19,085,174$67,591,046
74$101,338,724$28,875,492$19,671,125$73,761,306
75$111,620,190$30,235,307$20,275,023$80,530,629
76$122,948,630$31,660,017$20,897,417$87,958,797
77$135,430,780$33,152,748$21,538,871$96,111,628
78$149,184,264$34,716,777$22,199,968$105,061,590
79$164,338,699$36,355,539$22,881,307$114,888,479
80$181,036,922$38,072,637$23,583,506$125,680,160
81$199,436,338$39,871,845$24,307,203$137,533,391
82$219,710,403$41,757,125$25,053,054$150,554,721
83$242,050,268$43,732,628$25,821,734$164,861,490
84$266,666,575$45,802,706$26,613,942$180,582,924
85$293,791,452$47,971,925$27,430,395$197,861,344
86$323,680,700$50,245,069$28,271,833$216,853,498
87$356,616,210$52,627,156$29,139,019$237,732,026
88$392,908,625$55,123,449$30,032,738$260,687,082
89$432,900,270$57,739,462$30,953,799$285,928,108
90$476,968,384$60,480,982$31,903,038$313,685,804
91$525,528,682$63,354,074$32,881,313$344,214,287
92$579,039,281$66,365,097$33,889,510$377,793,474
93$638,005,021$69,520,720$34,928,542$414,731,712
94$702,982,234$72,827,936$35,999,349$455,368,666
95$774,583,995$76,294,078$37,102,901$500,078,514
96$853,485,910$79,926,835$38,240,194$549,273,455
97$940,432,491$83,734,268$39,412,260$603,407,583
98$1,036,244,191$87,724,833$40,620,156$662,981,156
99$1,141,825,143$91,907,394$41,864,976$728,545,290
100$1,258,171,699$96,291,249$43,147,845$800,707,148