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%15.2%
1 years$767,985$761,144$754,470$747,956$741,595$725,732
2 years$380,191$373,110$366,248$359,594$353,141$337,236
3 years$250,943$243,832$236,987$230,396$224,047$208,597
4 years$186,331$179,242$172,466$165,987$159,792$144,917
5 years$147,575$140,528$133,840$127,494$121,471$107,212
6 years$121,745$114,752$108,163$101,958$96,116$82,488
7 years$103,303$96,368$89,884$83,825$78,168$65,174
8 years$89,478$82,605$76,229$70,319$64,848$52,483
9 years$78,730$71,923$65,656$59,896$54,611$42,867
10 years$70,137$63,396$57,240$51,631$46,532$35,396
11 years$63,111$56,438$50,393$44,934$40,019$29,478
12 years$57,261$50,656$44,723$39,414$34,679$24,717
13 years$52,314$45,778$39,957$34,796$30,241$20,840
14 years$48,077$41,611$35,901$30,888$26,509$17,650
15 years$44,409$38,012$32,414$27,547$23,341$15,004
16 years$41,203$34,876$29,388$24,665$20,629$12,795
17 years$38,376$32,119$26,742$22,162$18,291$10,939
18 years$35,867$29,680$24,412$19,972$16,263$9,373
19 years$33,624$27,507$22,348$18,046$14,496$8,046
20 years$31,608$25,561$20,510$16,344$12,948$6,918
21 years$29,786$23,809$18,865$14,834$11,587$5,956
22 years$28,132$22,225$17,387$13,487$10,386$5,134
23 years$26,625$20,786$16,054$12,283$9,323$4,429
24 years$25,245$19,475$14,847$11,203$8,380$3,824
25 years$23,977$18,277$13,752$10,231$7,541$3,305
26 years$22,809$17,177$12,754$9,355$6,792$2,857
27 years$21,729$16,166$11,843$8,563$6,124$2,472
28 years$20,728$15,233$11,010$7,845$5,526$2,139
29 years$19,797$14,370$10,245$7,194$4,990$1,852
30 years$18,931$13,571$9,543$6,603$4,508$1,604
31 years$18,122$12,829$8,897$6,064$4,076$1,390
32 years$17,365$12,139$8,301$5,573$3,687$1,205
33 years$16,655$11,496$7,751$5,125$3,337$1,044
34 years$15,988$10,896$7,242$4,715$3,021$905
35 years$15,361$10,334$6,771$4,341$2,736$785
36 years$14,771$9,809$6,334$3,998$2,479$681
37 years$14,213$9,316$5,928$3,683$2,247$590
38 years$13,686$8,854$5,551$3,395$2,037$512
39 years$13,187$8,419$5,201$3,130$1,847$444
40 years$12,715$8,010$4,875$2,887$1,676$386
41 years$12,266$7,625$4,571$2,664$1,520$334
42 years$11,840$7,261$4,288$2,458$1,379$290
43 years$11,435$6,919$4,024$2,269$1,252$252
44 years$11,050$6,595$3,777$2,095$1,136$219
45 years$10,682$6,289$3,546$1,935$1,032$190
46 years$10,332$5,999$3,331$1,788$937$165
47 years$9,998$5,725$3,129$1,651$850$143
48 years$9,678$5,466$2,941$1,526$772$124
49 years$9,372$5,219$2,764$1,410$701$108
50 years$9,080$4,986$2,599$1,304$637$93

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 $4,730 every year, while hoping to spend $41,245 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: 61/31/8 Blend
49$9,300,000$9,300,000$9,300,000$9,300,000
50$10,253,479$9,760,579$9,616,429$10,861,332
51$11,255,449$10,194,963$9,894,695$11,703,046
52$12,358,239$10,649,249$10,180,901$12,615,867
53$13,572,086$11,124,370$10,475,268$13,610,797
54$14,908,276$11,621,301$10,778,026$14,695,757
55$16,379,239$12,141,064$11,089,409$15,879,456
56$17,998,676$12,684,731$11,409,659$17,171,472
57$19,781,681$13,253,423$11,739,023$18,582,338
58$21,744,888$13,848,315$12,077,755$20,123,638
59$23,906,624$14,470,641$12,426,118$21,808,114
60$26,287,086$15,121,688$12,784,379$23,649,785
61$28,908,527$15,802,809$13,152,814$25,664,073
62$31,795,470$16,515,420$13,531,707$27,867,946
63$34,974,938$17,261,005$13,921,348$30,280,075
64$38,476,705$18,041,118$14,322,037$32,921,008
65$42,333,583$18,857,387$14,734,080$35,813,355
66$46,581,730$19,711,520$15,157,792$38,982,002
67$51,260,986$20,605,304$15,593,498$42,454,342
68$56,415,255$21,540,613$16,041,529$46,260,523
69$62,092,918$22,519,410$16,502,227$50,433,735
70$68,347,287$23,543,752$16,975,943$55,010,513
71$75,237,109$24,615,795$17,463,036$60,031,079
72$82,827,123$25,737,798$17,963,877$65,539,718
73$91,188,667$26,912,128$18,478,844$71,585,185
74$100,400,354$28,141,264$19,008,328$78,221,165
75$110,548,811$29,427,808$19,552,728$85,506,769
76$121,729,502$30,774,482$20,112,456$93,507,089
77$134,047,621$32,184,141$20,687,933$102,293,803
78$147,619,092$33,659,778$21,279,593$111,945,846
79$162,571,659$35,204,527$21,887,879$122,550,147
80$179,046,094$36,821,675$22,513,249$134,202,441
81$197,197,524$38,514,665$23,156,170$147,008,167
82$217,196,894$40,287,106$23,817,125$161,083,452
83$239,232,584$42,142,781$24,496,606$176,556,200
84$263,512,186$44,085,655$25,195,120$193,567,289
85$290,264,460$46,119,884$25,913,187$212,271,891
86$319,741,497$48,249,821$26,651,342$232,840,928
87$352,221,100$50,480,032$27,410,132$255,462,674
88$388,009,400$52,815,302$28,190,120$280,344,519
89$427,443,752$55,260,644$28,991,882$307,714,918
90$470,895,916$57,821,317$29,816,011$337,825,536
91$518,775,567$60,502,829$30,663,114$370,953,605
92$571,534,162$63,310,955$31,533,817$407,404,535
93$629,669,205$66,251,750$32,428,757$447,514,779
94$693,728,936$69,331,558$33,348,593$491,654,993
95$764,317,514$72,557,031$34,293,997$540,233,525
96$842,100,716$75,935,141$35,265,662$593,700,247
97$927,812,223$79,473,197$36,264,296$652,550,791
98$1,022,260,547$83,178,861$37,290,627$717,331,207
99$1,126,336,662$87,060,164$38,345,402$788,643,098
100$1,241,022,414$91,125,525$39,429,386$867,149,284