Can I retire at age 50 with 9,300,000?

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 $9,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$767,985$761,144$754,470$747,956$741,595$716,995
2 years$380,191$373,110$366,248$359,594$353,141$328,596
3 years$250,943$243,832$236,987$230,396$224,047$200,327
4 years$186,331$179,242$172,466$165,987$159,792$137,079
5 years$147,575$140,528$133,840$127,494$121,471$99,826
6 years$121,745$114,752$108,163$101,958$96,116$75,555
7 years$103,303$96,368$89,884$83,825$78,168$58,689
8 years$89,478$82,605$76,229$70,319$64,848$46,437
9 years$78,730$71,923$65,656$59,896$54,611$37,246
10 years$70,137$63,396$57,240$51,631$46,532$30,184
11 years$63,111$56,438$50,393$44,934$40,019$24,658
12 years$57,261$50,656$44,723$39,414$34,679$20,272
13 years$52,314$45,778$39,957$34,796$30,241$16,750
14 years$48,077$41,611$35,901$30,888$26,509$13,896
15 years$44,409$38,012$32,414$27,547$23,341$11,567
16 years$41,203$34,876$29,388$24,665$20,629$9,654
17 years$38,376$32,119$26,742$22,162$18,291$8,075
18 years$35,867$29,680$24,412$19,972$16,263$6,768
19 years$33,624$27,507$22,348$18,046$14,496$5,680
20 years$31,608$25,561$20,510$16,344$12,948$4,774
21 years$29,786$23,809$18,865$14,834$11,587$4,016
22 years$28,132$22,225$17,387$13,487$10,386$3,382
23 years$26,625$20,786$16,054$12,283$9,323$2,849
24 years$25,245$19,475$14,847$11,203$8,380$2,403
25 years$23,977$18,277$13,752$10,231$7,541$2,027
26 years$22,809$17,177$12,754$9,355$6,792$1,711
27 years$21,729$16,166$11,843$8,563$6,124$1,444
28 years$20,728$15,233$11,010$7,845$5,526$1,220
29 years$19,797$14,370$10,245$7,194$4,990$1,031
30 years$18,931$13,571$9,543$6,603$4,508$871
31 years$18,122$12,829$8,897$6,064$4,076$736
32 years$17,365$12,139$8,301$5,573$3,687$622
33 years$16,655$11,496$7,751$5,125$3,337$526
34 years$15,988$10,896$7,242$4,715$3,021$445
35 years$15,361$10,334$6,771$4,341$2,736$376
36 years$14,771$9,809$6,334$3,998$2,479$318
37 years$14,213$9,316$5,928$3,683$2,247$269
38 years$13,686$8,854$5,551$3,395$2,037$227
39 years$13,187$8,419$5,201$3,130$1,847$192
40 years$12,715$8,010$4,875$2,887$1,676$163
41 years$12,266$7,625$4,571$2,664$1,520$138
42 years$11,840$7,261$4,288$2,458$1,379$116
43 years$11,435$6,919$4,024$2,269$1,252$98
44 years$11,050$6,595$3,777$2,095$1,136$83
45 years$10,682$6,289$3,546$1,935$1,032$70
46 years$10,332$5,999$3,331$1,788$937$60
47 years$9,998$5,725$3,129$1,651$850$50
48 years$9,678$5,466$2,941$1,526$772$43
49 years$9,372$5,219$2,764$1,410$701$36
50 years$9,080$4,986$2,599$1,304$637$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $9,300,000, adding $3,357 every year, while hoping to spend $31,119 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: 63/28/9 Blend
49$9,300,000$9,300,000$9,300,000$9,300,000
50$10,252,063$9,759,163$9,615,013$10,878,118
51$11,264,663$10,204,251$9,904,005$11,741,700
52$12,379,505$10,670,106$10,201,636$12,680,290
53$13,606,985$11,157,712$10,508,162$13,704,299
54$14,958,559$11,668,101$10,823,846$14,822,007
55$16,446,848$12,202,355$11,148,962$16,042,521
56$18,085,763$12,761,606$11,483,787$17,375,857
57$19,890,628$13,347,042$11,828,612$18,833,029
58$21,878,334$13,959,909$12,183,732$20,426,158
59$24,067,489$14,601,510$12,549,453$22,168,575
60$26,478,602$15,273,213$12,926,088$24,074,948
61$29,134,270$15,976,450$13,313,962$26,161,416
62$32,059,393$16,712,724$13,713,408$28,445,740
63$35,281,412$17,483,609$14,124,768$30,947,465
64$38,830,564$18,290,753$14,548,396$33,688,100
65$42,740,168$19,135,887$14,984,654$36,691,319
66$47,046,942$20,020,822$15,433,916$39,983,182
67$51,791,346$20,947,458$15,896,568$43,592,372
68$57,017,966$21,917,787$16,373,006$47,550,464
69$62,775,935$22,933,894$16,863,638$51,892,222
70$69,119,393$23,997,968$17,368,882$56,655,914
71$76,108,004$25,112,301$17,889,173$61,883,676
72$83,807,514$26,279,297$18,424,954$67,621,900
73$92,290,373$27,501,476$18,976,683$73,921,670
74$101,636,421$28,781,478$19,544,831$80,839,233
75$111,933,637$30,122,071$20,129,884$88,436,528
76$123,278,974$31,526,159$20,732,341$96,781,765
77$135,779,270$32,996,781$21,352,715$105,950,060
78$149,552,260$34,537,129$21,991,536$116,024,136
79$164,727,686$36,150,543$22,649,348$127,095,101
80$181,448,520$37,840,530$23,326,711$139,263,296
81$199,872,315$39,610,762$24,024,202$152,639,237
82$220,172,693$41,465,091$24,742,414$167,344,650
83$242,540,981$43,407,554$25,481,959$183,513,608
84$267,188,021$45,442,384$26,243,464$201,293,791
85$294,346,157$47,574,018$27,027,578$220,847,871
86$324,271,428$49,807,108$27,834,965$242,355,035
87$357,245,990$52,146,532$28,666,312$266,012,668
88$393,580,771$54,597,402$29,522,324$292,038,202
89$433,618,413$57,165,079$30,403,726$320,671,164
90$477,736,507$59,855,183$31,311,266$352,175,418
91$526,351,149$62,673,606$32,245,712$386,841,648
92$579,920,879$65,626,526$33,207,856$424,990,086
93$638,951,002$68,720,419$34,198,512$466,973,525
94$703,998,361$71,962,075$35,218,519$513,180,630
95$775,676,592$75,358,616$36,268,738$564,039,597
96$854,661,920$78,917,504$37,350,056$620,022,177
97$941,699,541$82,646,566$38,463,388$681,648,114
98$1,037,610,655$86,554,009$39,609,673$749,490,031
99$1,143,300,223$90,648,436$40,789,878$824,178,825
100$1,259,765,505$94,938,869$42,004,998$906,409,596