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%15.5%
1 years$776,243$769,329$762,583$755,999$749,569$732,639
2 years$384,279$377,122$370,186$363,461$356,938$339,972
3 years$253,641$246,453$239,535$232,873$226,456$209,984
4 years$188,335$181,169$174,320$167,772$161,510$145,659
5 years$149,162$142,039$135,279$128,865$122,778$107,592
6 years$123,055$115,985$109,326$103,054$97,150$82,645
7 years$104,414$97,404$90,850$84,727$79,009$65,187
8 years$90,440$83,494$77,048$71,075$65,545$52,402
9 years$79,577$72,696$66,362$60,540$55,199$42,724
10 years$70,892$64,078$57,856$52,186$47,032$35,213
11 years$63,790$57,045$50,935$45,418$40,449$29,269
12 years$57,876$51,201$45,204$39,837$35,052$24,494
13 years$52,876$46,270$40,386$35,170$30,566$20,610
14 years$48,594$42,058$36,287$31,220$26,794$17,420
15 years$44,887$38,421$32,763$27,843$23,592$14,778
16 years$41,646$35,251$29,704$24,930$20,850$12,575
17 years$38,789$32,465$27,030$22,400$18,487$10,728
18 years$36,252$29,999$24,675$20,187$16,438$9,172
19 years$33,985$27,802$22,588$18,240$14,652$7,856
20 years$31,948$25,835$20,730$16,520$13,087$6,739
21 years$30,106$24,065$19,068$14,993$11,712$5,789
22 years$28,435$22,463$17,574$13,632$10,498$4,978
23 years$26,911$21,010$16,227$12,415$9,423$4,285
24 years$25,516$19,685$15,007$11,323$8,470$3,691
25 years$24,235$18,473$13,899$10,341$7,622$3,182
26 years$23,054$17,362$12,891$9,455$6,865$2,744
27 years$21,962$16,339$11,970$8,655$6,190$2,368
28 years$20,951$15,397$11,128$7,930$5,585$2,045
29 years$20,010$14,525$10,356$7,272$5,043$1,766
30 years$19,134$13,717$9,646$6,674$4,557$1,526
31 years$18,317$12,967$8,993$6,129$4,120$1,319
32 years$17,551$12,270$8,390$5,633$3,727$1,140
33 years$16,834$11,620$7,834$5,180$3,373$986
34 years$16,160$11,013$7,320$4,766$3,054$852
35 years$15,527$10,445$6,843$4,387$2,766$737
36 years$14,929$9,914$6,402$4,041$2,506$638
37 years$14,366$9,416$5,992$3,723$2,271$552
38 years$13,833$8,949$5,611$3,431$2,059$477
39 years$13,329$8,509$5,257$3,164$1,867$413
40 years$12,851$8,096$4,927$2,918$1,694$358
41 years$12,398$7,707$4,620$2,692$1,536$309
42 years$11,968$7,340$4,334$2,485$1,394$268
43 years$11,558$6,993$4,067$2,294$1,265$232
44 years$11,169$6,666$3,818$2,118$1,149$201
45 years$10,797$6,357$3,585$1,956$1,043$174
46 years$10,443$6,064$3,367$1,807$947$150
47 years$10,105$5,787$3,163$1,669$860$130
48 years$9,782$5,524$2,972$1,542$781$113
49 years$9,473$5,275$2,794$1,425$709$98
50 years$9,178$5,039$2,627$1,318$644$84

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 $3,211 every year, while hoping to spend $50,396 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: 49/39/12 Blend
49$9,400,000$9,400,000$9,400,000$9,400,000
50$10,362,112$9,863,912$9,718,212$10,835,769
51$11,365,427$10,293,623$9,990,151$11,591,226
52$12,469,390$10,742,700$10,269,511$12,405,836
53$13,684,216$11,212,040$10,556,488$13,289,547
54$15,021,156$11,702,581$10,851,281$14,248,845
55$16,492,611$12,215,304$11,154,095$15,290,852
56$18,112,242$12,751,239$11,465,142$16,423,392
57$19,895,103$13,311,462$11,784,637$17,655,062
58$21,857,781$13,897,101$12,112,800$18,995,308
59$24,018,554$14,509,338$12,449,858$20,454,510
60$26,397,561$15,149,410$12,796,043$22,044,078
61$29,016,994$15,818,613$13,151,592$23,776,555
62$31,901,306$16,518,303$13,516,748$25,665,731
63$35,077,441$17,249,903$13,891,762$27,726,769
64$38,575,092$18,014,900$14,276,888$29,976,341
65$42,426,976$18,814,854$14,672,388$32,432,785
66$46,669,144$19,651,399$15,078,529$35,116,270
67$51,341,324$20,526,245$15,495,587$38,048,982
68$56,487,292$21,441,183$15,923,842$41,255,327
69$62,155,286$22,398,092$16,363,582$44,762,158
70$68,398,465$23,398,938$16,815,101$48,599,018
71$75,275,403$24,445,781$17,278,702$52,798,419
72$82,850,648$25,540,778$17,754,692$57,396,136
73$91,195,328$26,686,190$18,243,388$62,431,541
74$100,387,824$27,884,386$18,745,114$67,947,967
75$110,514,507$29,137,846$19,260,201$73,993,110
76$121,670,557$30,449,170$19,788,987$80,619,470
77$133,960,856$31,821,082$20,331,821$87,884,839
78$147,500,982$33,256,434$20,889,056$95,852,838
79$162,418,300$34,758,217$21,461,056$104,593,510
80$178,853,158$36,329,561$22,048,194$114,183,968
81$196,960,220$37,973,749$22,650,848$124,709,118
82$216,909,920$39,694,220$23,269,409$136,262,446
83$238,890,071$41,494,577$23,904,273$148,946,891
84$263,107,641$43,378,594$24,555,849$162,875,806
85$289,790,703$45,350,227$25,224,552$178,174,017
86$319,190,588$47,413,622$25,910,809$194,978,987
87$351,584,261$49,573,122$26,615,054$213,442,101
88$387,276,930$51,833,279$27,337,732$233,730,085
89$426,604,930$54,198,863$28,079,299$256,026,561
90$469,938,897$56,674,872$28,840,220$280,533,767
91$517,687,267$59,266,543$29,620,970$307,474,453
92$570,300,130$61,979,366$30,422,035$337,093,965
93$628,273,482$64,819,093$31,243,912$369,662,546
94$692,153,902$67,791,754$32,087,107$405,477,868
95$762,543,715$70,903,665$32,952,141$444,867,823
96$840,106,678$74,161,448$33,839,542$488,193,602
97$925,574,244$77,572,044$34,749,850$535,853,082
98$1,019,752,467$81,142,724$35,683,620$588,284,560
99$1,123,529,612$84,881,111$36,641,415$645,970,871
100$1,237,884,542$88,795,195$37,623,812$709,443,921