Can I retire at age 50 with 9,400,000?

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 $9,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$776,243$769,329$762,583$755,999$749,569$741,433
2 years$384,279$377,122$370,186$363,461$356,938$348,745
3 years$253,641$246,453$239,535$232,873$226,456$218,462
4 years$188,335$181,169$174,320$167,772$161,510$153,776
5 years$149,162$142,039$135,279$128,865$122,778$115,326
6 years$123,055$115,985$109,326$103,054$97,150$89,990
7 years$104,414$97,404$90,850$84,727$79,009$72,144
8 years$90,440$83,494$77,048$71,075$65,545$58,974
9 years$79,577$72,696$66,362$60,540$55,199$48,919
10 years$70,892$64,078$57,856$52,186$47,032$41,040
11 years$63,790$57,045$50,935$45,418$40,449$34,740
12 years$57,876$51,201$45,204$39,837$35,052$29,620
13 years$52,876$46,270$40,386$35,170$30,566$25,404
14 years$48,594$42,058$36,287$31,220$26,794$21,895
15 years$44,887$38,421$32,763$27,843$23,592$18,948
16 years$41,646$35,251$29,704$24,930$20,850$16,455
17 years$38,789$32,465$27,030$22,400$18,487$14,331
18 years$36,252$29,999$24,675$20,187$16,438$12,512
19 years$33,985$27,802$22,588$18,240$14,652$10,948
20 years$31,948$25,835$20,730$16,520$13,087$9,597
21 years$30,106$24,065$19,068$14,993$11,712$8,426
22 years$28,435$22,463$17,574$13,632$10,498$7,409
23 years$26,911$21,010$16,227$12,415$9,423$6,522
24 years$25,516$19,685$15,007$11,323$8,470$5,747
25 years$24,235$18,473$13,899$10,341$7,622$5,069
26 years$23,054$17,362$12,891$9,455$6,865$4,475
27 years$21,962$16,339$11,970$8,655$6,190$3,953
28 years$20,951$15,397$11,128$7,930$5,585$3,494
29 years$20,010$14,525$10,356$7,272$5,043$3,090
30 years$19,134$13,717$9,646$6,674$4,557$2,734
31 years$18,317$12,967$8,993$6,129$4,120$2,420
32 years$17,551$12,270$8,390$5,633$3,727$2,143
33 years$16,834$11,620$7,834$5,180$3,373$1,899
34 years$16,160$11,013$7,320$4,766$3,054$1,682
35 years$15,527$10,445$6,843$4,387$2,766$1,491
36 years$14,929$9,914$6,402$4,041$2,506$1,322
37 years$14,366$9,416$5,992$3,723$2,271$1,172
38 years$13,833$8,949$5,611$3,431$2,059$1,039
39 years$13,329$8,509$5,257$3,164$1,867$922
40 years$12,851$8,096$4,927$2,918$1,694$818
41 years$12,398$7,707$4,620$2,692$1,536$726
42 years$11,968$7,340$4,334$2,485$1,394$644
43 years$11,558$6,993$4,067$2,294$1,265$571
44 years$11,169$6,666$3,818$2,118$1,149$507
45 years$10,797$6,357$3,585$1,956$1,043$450
46 years$10,443$6,064$3,367$1,807$947$400
47 years$10,105$5,787$3,163$1,669$860$355
48 years$9,782$5,524$2,972$1,542$781$315
49 years$9,473$5,275$2,794$1,425$709$279
50 years$9,178$5,039$2,627$1,318$644$248

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $9,400,000, adding $5,550 every year, while hoping to spend $53,045 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: 51/43/6 Blend
49$9,400,000$9,400,000$9,400,000$9,400,000
50$10,364,525$9,866,325$9,720,625$10,877,819
51$11,365,267$10,293,335$9,989,826$11,654,230
52$12,466,307$10,739,491$10,266,268$12,491,560
53$13,677,819$11,205,675$10,550,137$13,400,476
54$15,011,014$11,692,811$10,841,624$14,387,707
55$16,478,243$12,201,864$11,140,924$15,460,644
56$18,093,117$12,733,849$11,448,239$16,627,406
57$19,870,633$13,289,825$11,763,772$17,896,911
58$21,827,313$13,870,902$12,087,734$19,278,961
59$23,981,366$14,478,243$12,420,340$20,784,326
60$26,352,854$15,113,066$12,761,810$22,424,845
61$28,963,883$15,776,644$13,112,369$24,213,530
62$31,838,813$16,470,314$13,472,247$26,164,690
63$35,004,485$17,195,472$13,841,681$28,294,055
64$38,490,476$17,953,584$14,220,911$30,618,923
65$42,329,378$18,746,183$14,610,184$33,158,319
66$46,557,103$19,574,875$15,009,754$35,933,166
67$51,213,225$20,441,341$15,419,879$38,966,481
68$56,341,352$21,347,344$15,840,822$42,283,584
69$61,989,535$22,294,730$16,272,855$45,912,330
70$68,210,726$23,285,430$16,716,254$49,883,367
71$75,063,274$24,321,470$17,171,302$54,230,420
72$82,611,476$25,404,969$17,638,289$58,990,601
73$90,926,184$26,538,151$18,117,509$64,204,750
74$100,085,475$27,723,341$18,609,266$69,917,817
75$110,175,386$28,962,977$19,113,869$76,179,274
76$121,290,725$30,259,612$19,631,633$83,043,578
77$133,535,969$31,615,923$20,162,883$90,570,673
78$147,026,245$33,034,711$20,707,947$98,826,550
79$161,888,422$34,518,912$21,267,163$107,883,855
80$178,262,305$36,071,602$21,840,877$117,822,570
81$196,301,954$37,696,004$22,429,440$128,730,757
82$216,177,138$39,395,494$23,033,211$140,705,376
83$238,074,942$41,173,608$23,652,559$153,853,189
84$262,201,525$43,034,055$24,287,859$168,291,758
85$288,784,073$44,980,715$24,939,495$184,150,541
86$318,072,937$47,017,659$25,607,856$201,572,101
87$350,344,001$49,149,149$26,293,344$220,713,438
88$385,901,284$51,379,652$26,996,366$241,747,457
89$425,079,809$53,713,849$27,717,338$264,864,586
90$468,248,766$56,156,644$28,456,686$290,274,555
91$515,814,997$58,713,177$29,214,842$318,208,365
92$568,226,837$61,388,833$29,992,249$348,920,444
93$625,978,344$64,189,255$30,789,359$382,691,038
94$689,613,965$67,120,358$31,606,632$419,828,832
95$759,733,672$70,188,339$32,444,538$460,673,849
96$836,998,631$73,399,691$33,303,554$505,600,636
97$922,137,438$76,761,222$34,184,169$555,021,780
98$1,015,952,998$80,280,064$35,086,880$609,391,778
99$1,119,330,108$83,963,691$36,012,195$669,211,308
100$1,233,243,806$87,819,939$36,960,630$735,031,926