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

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 $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%19.9%
1 years$759,727$752,960$746,358$739,913$733,621$704,514
2 years$376,103$369,098$362,310$355,728$349,343$320,379
3 years$248,244$241,210$234,438$227,918$221,638$193,729
4 years$184,328$177,315$170,611$164,202$158,074$131,432
5 years$145,988$139,017$132,401$126,123$120,165$94,859
6 years$120,436$113,518$107,000$100,862$95,083$71,127
7 years$102,192$95,332$88,917$82,924$77,328$54,715
8 years$88,516$81,717$75,409$69,563$64,151$42,858
9 years$77,884$71,149$64,950$59,252$54,024$34,019
10 years$69,383$62,715$56,625$51,076$46,031$27,274
11 years$62,433$55,831$49,851$44,451$39,588$22,036
12 years$56,645$50,111$44,242$38,990$34,307$17,911
13 years$51,751$45,286$39,527$34,422$29,916$14,628
14 years$47,560$41,164$35,515$30,556$26,224$11,993
15 years$43,932$37,604$32,066$27,251$23,090$9,862
16 years$40,759$34,501$29,072$24,400$20,407$8,131
17 years$37,963$31,774$26,455$21,923$18,094$6,716
18 years$35,481$29,360$24,150$19,757$16,088$5,558
19 years$33,262$27,211$22,108$17,852$14,340$4,605
20 years$31,268$25,286$20,289$16,169$12,809$3,820
21 years$29,466$23,553$18,662$14,674$11,462$3,171
22 years$27,830$21,986$17,200$13,342$10,274$2,635
23 years$26,338$20,563$15,881$12,151$9,223$2,191
24 years$24,973$19,266$14,688$11,082$8,290$1,823
25 years$23,719$18,080$13,604$10,121$7,460$1,517
26 years$22,563$16,992$12,617$9,254$6,719$1,263
27 years$21,495$15,992$11,716$8,471$6,058$1,052
28 years$20,505$15,069$10,891$7,761$5,466$876
29 years$19,585$14,216$10,135$7,117$4,936$730
30 years$18,727$13,425$9,441$6,532$4,460$608
31 years$17,927$12,691$8,801$5,999$4,032$507
32 years$17,178$12,009$8,212$5,513$3,647$423
33 years$16,476$11,372$7,667$5,070$3,301$352
34 years$15,817$10,778$7,164$4,664$2,989$294
35 years$15,196$10,223$6,698$4,294$2,707$245
36 years$14,612$9,703$6,266$3,955$2,453$204
37 years$14,060$9,216$5,864$3,644$2,223$170
38 years$13,539$8,758$5,492$3,358$2,015$142
39 years$13,045$8,328$5,145$3,097$1,827$118
40 years$12,578$7,924$4,823$2,856$1,658$99
41 years$12,134$7,543$4,522$2,635$1,504$82
42 years$11,713$7,183$4,242$2,432$1,365$69
43 years$11,312$6,844$3,980$2,245$1,238$57
44 years$10,931$6,524$3,736$2,073$1,124$48
45 years$10,568$6,221$3,508$1,914$1,020$40
46 years$10,221$5,935$3,295$1,768$927$33
47 years$9,890$5,664$3,096$1,634$841$28
48 years$9,574$5,407$2,909$1,510$764$23
49 years$9,272$5,163$2,734$1,395$694$19
50 years$8,982$4,932$2,571$1,290$630$16

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 $4,994 every year, while hoping to spend $21,866 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: 57/30/13 Blend
49$9,200,000$9,200,000$9,200,000$9,200,000
50$10,143,551$9,655,951$9,513,351$10,688,067
51$11,154,928$10,105,828$9,808,783$11,506,816
52$12,268,733$10,577,015$10,113,379$12,395,704
53$13,495,390$11,070,535$10,427,424$13,363,779
54$14,846,386$11,587,457$10,751,209$14,418,631
55$16,334,379$12,128,904$11,085,036$15,568,606
56$17,973,318$12,696,053$11,429,217$16,822,877
57$19,778,572$13,290,136$11,784,072$18,191,531
58$21,767,080$13,912,446$12,149,932$19,685,656
59$23,957,506$14,564,339$12,527,138$21,317,451
60$26,370,415$15,247,236$12,916,041$23,100,327
61$29,028,473$15,962,626$13,317,004$25,049,038
62$31,956,653$16,712,070$13,730,399$27,179,814
63$35,182,476$17,497,207$14,156,612$29,510,509
64$38,736,271$18,319,751$14,596,040$32,060,766
65$42,651,455$19,181,504$15,049,093$34,852,198
66$46,964,857$20,084,351$15,516,191$37,908,588
67$51,717,059$21,030,271$15,997,770$41,256,110
68$56,952,782$22,021,337$16,494,278$44,923,567
69$62,721,307$23,059,724$17,006,178$48,942,661
70$69,076,941$24,147,711$17,533,945$53,348,285
71$76,079,528$25,287,688$18,078,072$58,178,849
72$83,795,017$26,482,162$18,639,064$63,476,634
73$92,296,080$27,733,759$19,217,443$69,288,186
74$101,662,801$29,045,234$19,813,749$75,664,749
75$111,983,432$30,419,476$20,428,535$82,662,739
76$123,355,225$31,859,513$21,062,374$90,344,275
77$135,885,350$33,368,521$21,715,855$98,777,754
78$149,691,906$34,949,829$22,389,586$108,038,487
79$164,905,037$36,606,928$23,084,195$118,209,407
80$181,668,162$38,343,478$23,800,326$129,381,839
81$200,139,323$40,163,317$24,538,646$141,656,354
82$220,492,685$42,070,471$25,299,841$155,143,710
83$242,920,173$44,069,158$26,084,620$169,965,886
84$267,633,288$46,163,804$26,893,712$186,257,225
85$294,865,101$48,359,048$27,727,869$204,165,690
86$324,872,456$50,659,755$28,587,867$223,854,250
87$357,938,390$53,071,027$29,474,504$245,502,405
88$394,374,812$55,598,213$30,388,606$269,307,871
89$434,525,440$58,246,923$31,331,021$295,488,432
90$478,769,050$61,023,038$32,302,626$324,283,980
91$527,523,052$63,932,725$33,304,323$355,958,771
92$581,247,429$66,982,454$34,337,043$390,803,897
93$640,449,078$70,179,006$35,401,746$429,140,025
94$705,686,599$73,529,493$36,499,420$471,320,406
95$777,575,567$77,041,372$37,631,085$517,734,191
96$856,794,341$80,722,465$38,797,792$568,810,085
97$944,090,470$84,580,973$40,000,625$625,020,384
98$1,040,287,753$88,625,496$41,240,701$686,885,402
99$1,146,294,010$92,865,052$42,519,171$754,978,373
100$1,263,109,659$97,309,098$43,837,222$829,930,833