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 $3,629 every year, while hoping to spend $23,164 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: 31/49/20 Blend
49$9,400,000$9,400,000$9,400,000$9,400,000
50$10,362,543$9,864,343$9,718,643$10,619,033
51$11,394,876$10,323,050$10,019,572$11,271,450
52$12,531,731$10,803,457$10,329,805$11,970,930
53$13,783,744$11,306,602$10,649,629$12,723,422
54$15,162,637$11,833,576$10,979,343$13,533,553
55$16,681,324$12,385,520$11,319,249$14,406,383
56$18,354,038$12,963,630$11,669,663$15,347,455
57$20,196,463$13,569,161$12,030,910$16,362,840
58$22,225,880$14,203,428$12,403,323$17,459,185
59$24,461,333$14,867,809$12,787,248$18,643,776
60$26,923,808$15,563,750$13,183,039$19,924,599
61$29,636,428$16,292,765$13,591,062$21,310,408
62$32,624,677$17,056,444$14,011,696$22,810,803
63$35,916,635$17,856,451$14,445,329$24,436,313
64$39,543,246$18,694,532$14,892,363$26,198,490
65$43,538,611$19,572,517$15,353,210$28,110,009
66$47,940,303$20,492,324$15,828,297$30,184,781
67$52,789,732$21,455,967$16,318,063$32,438,077
68$58,132,528$22,465,552$16,822,961$34,886,661
69$64,018,974$23,523,292$17,343,458$37,548,946
70$70,504,480$24,631,504$17,880,034$40,445,152
71$77,650,108$25,792,619$18,433,187$43,597,490
72$85,523,147$27,009,185$19,003,427$47,030,363
73$94,197,747$28,283,874$19,591,280$50,770,585
74$103,755,620$29,619,486$20,197,291$54,847,622
75$114,286,811$31,018,960$20,822,018$59,293,861
76$125,890,550$32,485,373$21,466,040$64,144,902
77$138,676,185$34,021,954$22,129,951$69,439,884
78$152,764,215$35,632,090$22,814,364$75,221,840
79$168,287,431$37,319,328$23,519,911$81,538,086
80$185,392,164$39,087,391$24,247,243$88,440,662
81$204,239,673$40,940,180$24,997,033$95,986,801
82$225,007,658$42,881,788$25,769,973$104,239,455
83$247,891,947$44,916,504$26,566,775$113,267,876
84$273,108,340$47,048,826$27,388,176$123,148,249
85$300,894,644$49,283,472$28,234,933$133,964,396
86$331,512,922$51,625,387$29,107,828$145,808,546
87$365,251,966$54,079,757$30,007,667$158,782,189
88$402,430,022$56,652,020$30,935,278$172,997,011
89$443,397,793$59,347,878$31,891,519$188,575,926
90$488,541,755$62,173,311$32,877,272$205,654,219
91$538,287,798$65,134,587$33,893,444$224,380,793
92$593,105,253$68,238,281$34,940,974$244,919,553
93$653,511,319$71,491,288$36,020,828$267,450,930
94$720,075,948$74,900,836$37,134,000$292,173,551
95$793,427,224$78,474,505$38,281,518$319,306,091
96$874,257,290$82,220,246$39,464,438$349,089,306
97$963,328,889$86,146,393$40,683,852$381,788,273
98$1,061,482,558$90,261,688$41,940,883$417,694,862
99$1,169,644,566$94,575,298$43,236,690$457,130,456
100$1,288,835,658$99,096,834$44,572,465$500,448,951