Can I retire at age 50 with 9,600,000?

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 $9,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$792,759$785,698$778,808$772,084$765,517$741,904
2 years$392,455$385,146$378,062$371,194$364,532$340,949
3 years$259,038$251,697$244,631$237,828$231,274$208,460
4 years$192,342$185,024$178,029$171,341$164,947$143,077
5 years$152,335$145,061$138,158$131,607$125,390$104,523
6 years$125,673$118,453$111,652$105,247$99,217$79,372
7 years$106,636$99,477$92,783$86,529$80,690$61,865
8 years$92,364$85,270$78,688$72,587$66,940$49,123
9 years$81,270$74,243$67,774$61,828$56,373$39,545
10 years$72,400$65,441$59,087$53,297$48,033$32,168
11 years$65,147$58,259$52,019$46,384$41,310$26,381
12 years$59,108$52,290$46,165$40,685$35,798$21,775
13 years$54,001$47,255$41,246$35,919$31,217$18,065
14 years$49,628$42,953$37,060$31,885$27,364$15,050
15 years$45,842$39,239$33,460$28,435$24,094$12,581
16 years$42,532$36,001$30,336$25,461$21,294$10,546
17 years$39,614$33,155$27,605$22,876$18,881$8,860
18 years$37,024$30,637$25,200$20,616$16,788$7,459
19 years$34,708$28,394$23,069$18,629$14,963$6,289
20 years$32,627$26,385$21,172$16,872$13,366$5,309
21 years$30,747$24,577$19,474$15,312$11,961$4,487
22 years$29,040$22,941$17,948$13,922$10,721$3,796
23 years$27,483$21,457$16,572$12,679$9,624$3,214
24 years$26,059$20,104$15,326$11,564$8,650$2,723
25 years$24,750$18,866$14,195$10,561$7,784$2,308
26 years$23,544$17,731$13,165$9,657$7,011$1,958
27 years$22,430$16,687$12,225$8,839$6,321$1,661
28 years$21,396$15,724$11,365$8,098$5,704$1,410
29 years$20,436$14,834$10,576$7,426$5,150$1,197
30 years$19,541$14,009$9,851$6,816$4,654$1,016
31 years$18,706$13,243$9,184$6,260$4,207$863
32 years$17,925$12,531$8,569$5,753$3,806$733
33 years$17,192$11,867$8,001$5,290$3,444$623
34 years$16,504$11,247$7,475$4,867$3,118$529
35 years$15,857$10,668$6,989$4,481$2,825$450
36 years$15,247$10,125$6,538$4,127$2,559$382
37 years$14,671$9,617$6,119$3,802$2,319$325
38 years$14,127$9,139$5,731$3,504$2,103$276
39 years$13,613$8,690$5,369$3,231$1,907$235
40 years$13,125$8,268$5,032$2,980$1,730$200
41 years$12,662$7,871$4,719$2,750$1,569$170
42 years$12,222$7,496$4,426$2,538$1,424$144
43 years$11,804$7,142$4,153$2,343$1,292$123
44 years$11,406$6,808$3,899$2,163$1,173$104
45 years$11,027$6,492$3,661$1,998$1,065$89
46 years$10,665$6,193$3,438$1,845$967$75
47 years$10,320$5,910$3,230$1,705$878$64
48 years$9,990$5,642$3,036$1,575$797$55
49 years$9,675$5,388$2,853$1,456$724$46
50 years$9,373$5,146$2,682$1,346$658$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $9,600,000, adding $2,142 every year, while hoping to spend $32,056 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: 60/30/10 Blend
49$9,600,000$9,600,000$9,600,000$9,600,000
50$10,581,409$10,072,609$9,923,809$11,191,729
51$11,626,606$10,532,060$10,222,150$12,061,113
52$12,777,338$11,012,949$10,529,410$13,005,154
53$14,044,337$11,516,294$10,845,855$14,034,088
54$15,439,426$12,043,159$11,171,758$15,156,098
55$16,975,635$12,594,662$11,507,400$16,380,180
56$18,667,321$13,171,972$11,853,070$17,716,223
57$20,530,305$13,776,315$12,209,064$19,175,107
58$22,582,019$14,408,977$12,575,691$20,768,792
59$24,841,673$15,071,305$12,953,264$22,510,438
60$27,330,434$15,764,710$13,342,110$24,414,518
61$30,071,629$16,490,672$13,742,561$26,496,955
62$33,090,961$17,250,740$14,154,962$28,775,269
63$36,416,753$18,046,541$14,579,668$31,268,734
64$40,080,218$18,879,777$15,017,042$33,998,562
65$44,115,748$19,752,234$15,467,461$36,988,095
66$48,561,243$20,665,782$15,931,310$40,263,021
67$53,458,469$21,622,384$16,408,988$43,851,612
68$58,853,446$22,624,095$16,900,902$47,784,989
69$64,796,891$23,673,069$17,407,476$52,097,406
70$71,344,690$24,771,565$17,929,142$56,826,570
71$78,558,427$25,921,951$18,466,348$62,013,993
72$86,505,968$27,126,708$19,019,552$67,705,376
73$95,262,097$28,388,437$19,589,227$73,951,034
74$104,909,226$29,709,865$20,175,861$80,806,367
75$115,538,170$31,093,851$20,779,955$88,332,371
76$127,249,004$32,543,391$21,402,025$96,596,215
77$140,152,011$34,061,625$22,042,601$105,671,860
78$154,368,717$35,651,846$22,702,229$115,640,752
79$170,033,046$37,317,506$23,381,474$126,592,586
80$187,292,576$39,062,223$24,080,912$138,626,140
81$206,309,937$40,889,790$24,801,141$151,850,199
82$227,264,345$42,804,184$25,542,773$166,384,577
83$250,353,292$44,809,573$26,306,440$182,361,232
84$275,794,413$46,910,328$27,092,791$199,925,508
85$303,827,539$49,111,030$27,902,495$219,237,492
86$334,716,960$51,416,482$28,736,241$240,473,514
87$368,753,920$53,831,720$29,594,735$263,827,806
88$406,259,369$56,362,024$30,478,708$289,514,314
89$447,586,989$59,012,927$31,388,910$317,768,713
90$493,126,536$61,790,234$32,326,111$348,850,616
91$543,307,514$64,700,027$33,291,108$383,046,009
92$598,603,238$67,748,686$34,284,717$420,669,938
93$659,535,294$70,942,897$35,307,781$462,069,469
94$726,678,467$74,289,672$36,361,165$507,626,945
95$800,666,166$77,796,362$37,445,760$557,763,584
96$882,196,406$81,470,674$38,562,483$612,943,431
97$972,038,392$85,320,690$39,712,279$673,677,728
98$1,071,039,787$89,354,883$40,896,119$740,529,714
99$1,180,134,708$93,582,135$42,115,002$814,119,930
100$1,300,352,550$98,011,761$43,369,957$895,132,047