Can I retire at age 50 with 9,900,000?

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 $9,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$817,533$810,251$803,146$796,211$789,440$773,817
2 years$404,719$397,182$389,877$382,794$375,924$360,250
3 years$267,133$259,563$252,276$245,260$238,501$223,266
4 years$198,353$190,806$183,592$176,696$170,101$155,421
5 years$157,096$149,594$142,475$135,719$129,308$115,225
6 years$129,600$122,155$115,141$108,536$102,317$88,846
7 years$109,968$102,586$95,683$89,233$83,211$70,355
8 years$95,251$87,935$81,147$74,856$69,032$56,788
9 years$83,810$76,563$69,892$63,760$58,135$46,494
10 years$74,662$67,487$60,933$54,962$49,534$38,486
11 years$67,183$60,079$53,644$47,833$42,601$32,132
12 years$60,955$53,924$47,608$41,956$36,917$27,013
13 years$55,689$48,731$42,535$37,041$32,192$22,836
14 years$51,179$44,296$38,218$32,881$28,219$19,393
15 years$47,274$40,465$34,505$29,324$24,847$16,532
16 years$43,861$37,126$31,284$26,257$21,960$14,138
17 years$40,852$34,191$28,467$23,591$19,471$12,122
18 years$38,180$31,594$25,987$21,261$17,313$10,417
19 years$35,793$29,281$23,790$19,211$15,431$8,969
20 years$33,647$27,210$21,833$17,399$13,783$7,735
21 years$31,708$25,345$20,082$15,791$12,335$6,679
22 years$29,947$23,658$18,509$14,357$11,056$5,775
23 years$28,342$22,127$17,090$13,076$9,925$4,998
24 years$26,873$20,732$15,805$11,926$8,920$4,329
25 years$25,524$19,456$14,639$10,891$8,027$3,753
26 years$24,280$18,285$13,577$9,958$7,231$3,255
27 years$23,131$17,209$12,607$9,115$6,519$2,825
28 years$22,065$16,216$11,720$8,351$5,882$2,453
29 years$21,075$15,297$10,906$7,658$5,311$2,131
30 years$20,152$14,447$10,159$7,029$4,799$1,852
31 years$19,291$13,657$9,471$6,455$4,339$1,610
32 years$18,485$12,922$8,836$5,932$3,925$1,400
33 years$17,729$12,238$8,251$5,455$3,552$1,217
34 years$17,020$11,599$7,709$5,019$3,216$1,059
35 years$16,352$11,001$7,207$4,621$2,913$921
36 years$15,723$10,442$6,742$4,255$2,639$802
37 years$15,130$9,917$6,311$3,921$2,392$698
38 years$14,569$9,425$5,910$3,614$2,169$607
39 years$14,038$8,962$5,537$3,332$1,966$529
40 years$13,535$8,527$5,190$3,074$1,784$460
41 years$13,058$8,117$4,866$2,836$1,618$401
42 years$12,604$7,730$4,565$2,617$1,468$349
43 years$12,173$7,365$4,283$2,416$1,333$304
44 years$11,763$7,020$4,021$2,231$1,210$265
45 years$11,372$6,695$3,775$2,060$1,098$230
46 years$10,999$6,386$3,546$1,903$997$201
47 years$10,643$6,095$3,331$1,758$905$175
48 years$10,302$5,818$3,130$1,624$822$152
49 years$9,977$5,556$2,942$1,501$747$133
50 years$9,666$5,307$2,766$1,388$678$115

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $9,900,000, adding $2,858 every year, while hoping to spend $33,591 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: 56/32/12 Blend
49$9,900,000$9,900,000$9,900,000$9,900,000
50$10,912,748$10,388,048$10,234,598$11,490,603
51$11,990,108$10,861,322$10,541,716$12,355,393
52$13,176,232$11,356,660$10,857,998$13,292,961
53$14,482,180$11,875,109$11,183,713$14,313,405
54$15,920,137$12,417,764$11,519,142$15,424,647
55$17,503,530$12,985,773$11,864,572$16,635,395
56$19,247,154$13,580,340$12,220,299$17,955,220
57$21,167,314$14,202,726$12,586,629$19,394,645
58$23,281,973$14,854,254$12,963,875$20,965,238
59$25,610,929$15,536,307$13,352,359$22,679,723
60$28,175,996$16,250,338$13,752,415$24,552,088
61$31,001,211$16,997,868$14,164,384$26,597,723
62$34,113,063$17,780,492$14,588,620$28,833,551
63$37,540,740$18,599,881$15,025,483$31,278,194
64$41,316,407$19,457,786$15,475,348$33,952,133
65$45,475,507$20,356,044$15,938,599$36,877,905
66$50,057,098$21,296,579$16,415,631$40,080,310
67$55,104,217$22,281,407$16,906,850$43,586,635
68$60,664,294$23,312,642$17,412,676$47,426,909
69$66,789,592$24,392,501$17,933,540$51,634,183
70$73,537,702$25,523,305$18,469,885$56,244,834
71$80,972,089$26,707,490$19,022,169$61,298,900
72$89,162,691$27,947,605$19,590,860$66,840,457
73$98,186,575$29,246,327$20,176,443$72,918,021
74$108,128,668$30,606,459$20,779,416$79,585,006
75$119,082,556$32,030,940$21,400,291$86,900,217
76$131,151,372$33,522,851$22,039,595$94,928,397
77$144,448,761$35,085,421$22,697,872$103,740,833
78$159,099,964$36,722,035$23,375,679$113,416,017
79$175,242,987$38,436,242$24,073,591$124,040,380
80$193,029,916$40,231,762$24,792,201$135,709,098
81$212,628,345$42,112,495$25,532,117$148,526,981
82$234,222,958$44,082,530$26,293,965$162,609,454
83$258,017,278$46,146,152$27,078,391$178,083,632
84$284,235,581$48,307,854$27,886,058$195,089,511
85$313,125,018$50,572,346$28,717,648$213,781,280
86$344,957,945$52,944,567$29,573,865$234,328,760
87$380,034,498$55,429,694$30,455,432$256,918,997
88$418,685,421$58,033,153$31,363,093$281,758,016
89$461,275,191$60,760,634$32,297,614$309,072,748
90$508,205,460$63,618,104$33,259,783$339,113,160
91$559,918,841$66,611,816$34,250,410$372,154,599
92$616,903,096$69,748,327$35,270,332$408,500,376
93$679,695,729$73,034,513$36,320,405$448,484,610
94$748,889,068$76,477,579$37,401,514$492,475,370
95$825,135,857$80,085,084$38,514,568$540,878,124
96$909,155,410$83,864,949$39,660,502$594,139,554
97$1,001,740,413$87,825,483$40,840,280$652,751,748
98$1,103,764,398$91,975,394$42,054,892$717,256,828
99$1,216,189,992$96,323,814$43,305,356$788,252,042
100$1,340,078,008$100,880,318$44,592,723$866,395,384