Can I retire at age 50 with 9,800,000?

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 $9,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$809,275$802,066$795,033$788,169$781,466$775,242
2 years$400,631$393,170$385,938$378,927$372,127$365,853
3 years$264,434$256,941$249,728$242,782$236,092$229,963
4 years$196,349$188,879$181,738$174,911$168,383$162,445
5 years$155,509$148,083$141,036$134,348$128,002$122,273
6 years$128,291$120,921$113,978$107,440$101,284$95,771
7 years$108,857$101,549$94,716$88,332$82,371$77,077
8 years$94,288$87,047$80,327$74,099$68,335$63,260
9 years$82,963$75,790$69,186$63,116$57,548$52,690
10 years$73,908$66,805$60,318$54,407$49,033$44,391
11 years$66,505$59,472$53,103$47,350$42,170$37,739
12 years$60,339$53,379$47,127$41,533$36,544$32,319
13 years$55,126$48,239$42,105$36,667$31,867$27,845
14 years$50,662$43,848$37,832$32,549$27,934$24,110
15 years$46,797$40,056$34,157$29,028$24,596$20,963
16 years$43,418$36,751$30,968$25,991$21,738$18,292
17 years$40,439$33,846$28,180$23,353$19,274$16,009
18 years$37,795$31,275$25,725$21,046$17,138$14,047
19 years$35,431$28,986$23,550$19,017$15,275$12,354
20 years$33,307$26,935$21,613$17,223$13,644$10,885
21 years$31,388$25,089$19,879$15,631$12,210$9,607
22 years$29,645$23,419$18,322$14,212$10,944$8,491
23 years$28,056$21,904$16,917$12,943$9,824$7,515
24 years$26,602$20,522$15,645$11,805$8,830$6,658
25 years$25,266$19,259$14,491$10,781$7,946$5,904
26 years$24,035$18,101$13,440$9,858$7,157$5,241
27 years$22,897$17,035$12,480$9,023$6,453$4,655
28 years$21,842$16,052$11,602$8,267$5,823$4,138
29 years$20,862$15,143$10,796$7,581$5,258$3,680
30 years$19,949$14,301$10,056$6,958$4,751$3,275
31 years$19,096$13,519$9,375$6,390$4,295$2,916
32 years$18,298$12,792$8,747$5,872$3,885$2,597
33 years$17,550$12,114$8,167$5,400$3,516$2,314
34 years$16,848$11,481$7,631$4,969$3,183$2,062
35 years$16,187$10,890$7,135$4,574$2,883$1,839
36 years$15,565$10,336$6,674$4,213$2,612$1,640
37 years$14,977$9,817$6,247$3,881$2,368$1,463
38 years$14,422$9,330$5,850$3,577$2,147$1,305
39 years$13,896$8,872$5,481$3,299$1,947$1,164
40 years$13,398$8,441$5,137$3,042$1,766$1,039
41 years$12,926$8,035$4,817$2,807$1,602$927
42 years$12,477$7,652$4,519$2,591$1,454$828
43 years$12,050$7,291$4,240$2,391$1,319$739
44 years$11,644$6,950$3,980$2,208$1,197$660
45 years$11,257$6,627$3,737$2,039$1,087$589
46 years$10,888$6,322$3,510$1,884$987$526
47 years$10,535$6,033$3,298$1,740$896$470
48 years$10,198$5,759$3,099$1,608$814$420
49 years$9,876$5,500$2,913$1,486$739$375
50 years$9,568$5,254$2,738$1,374$671$335

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $9,800,000, adding $3,254 every year, while hoping to spend $26,394 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: 60/12/28 Blend
49$9,800,000$9,800,000$9,800,000$9,800,000
50$10,802,957$10,283,557$10,131,657$11,369,051
51$11,876,775$10,759,368$10,442,984$12,231,451
52$13,059,238$11,257,609$10,763,856$13,168,936
53$14,361,401$11,779,352$11,094,565$14,191,373
54$15,795,442$12,325,719$11,435,412$15,307,044
55$17,374,785$12,897,887$11,786,706$16,525,062
56$19,114,220$13,497,090$12,148,767$17,855,453
57$21,030,043$14,124,620$12,521,924$19,309,253
58$23,140,216$14,781,835$12,906,516$20,898,603
59$25,464,526$15,470,153$13,302,893$22,636,871
60$28,024,783$16,191,066$13,711,415$24,538,766
61$30,845,016$16,946,133$14,132,453$26,620,481
62$33,951,707$17,736,993$14,566,390$28,899,844
63$37,374,036$18,565,361$15,013,619$31,396,477
64$41,144,160$19,433,035$15,474,546$34,131,986
65$45,297,511$20,341,901$15,949,591$37,130,161
66$49,873,140$21,293,937$16,439,185$40,417,191
67$54,914,073$22,291,213$16,943,771$44,021,918
68$60,467,729$23,335,903$17,463,808$47,976,101
69$66,586,359$24,430,284$17,999,767$52,314,710
70$73,327,543$25,576,743$18,552,135$57,076,260
71$80,754,734$26,777,785$19,121,412$62,303,165
72$88,937,853$28,036,032$19,708,116$68,042,137
73$97,953,953$29,354,237$20,312,777$74,344,625
74$107,887,946$30,735,284$20,935,944$81,267,293
75$118,833,400$32,182,197$21,578,182$88,872,554
76$130,893,429$33,698,146$22,240,073$97,229,153
77$144,181,660$35,286,457$22,922,217$106,412,813
78$158,823,309$36,950,613$23,625,231$116,506,945
79$174,956,362$38,694,269$24,349,752$127,603,429
80$192,732,879$40,521,256$25,096,436$139,803,480
81$212,320,426$42,435,591$25,865,960$153,218,594
82$233,903,660$44,441,485$26,659,020$167,971,597
83$257,686,070$46,543,354$27,476,334$184,197,801
84$283,891,899$48,745,829$28,318,642$202,046,272
85$312,768,261$51,053,763$29,186,704$221,681,234
86$344,587,473$53,472,246$30,081,308$243,283,610
87$379,649,625$56,006,616$31,003,262$267,052,727
88$418,285,415$58,662,468$31,953,399$293,208,187
89$460,859,268$61,445,671$32,932,579$321,991,937
90$507,772,780$64,362,375$33,941,687$353,670,541
91$559,468,505$67,419,033$34,981,635$388,537,693
92$616,434,135$70,622,408$36,053,363$426,916,979
93$679,207,105$73,979,594$37,157,838$469,164,924
94$748,379,663$77,498,028$38,296,059$515,674,347
95$824,604,466$81,185,508$39,469,054$566,878,064
96$908,600,735$85,050,212$40,677,881$623,252,962
97$1,001,161,053$89,100,715$41,923,633$685,324,489
98$1,103,158,838$93,346,008$43,207,433$753,671,611
99$1,215,556,598$97,795,520$44,530,440$828,932,256
100$1,339,415,009$102,459,139$45,893,848$911,809,336