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%17.7%
1 years$817,533$810,251$803,146$796,211$789,440$764,782
2 years$404,719$397,182$389,877$382,794$375,924$351,301
3 years$267,133$259,563$252,276$245,260$238,501$214,686
4 years$198,353$190,806$183,592$176,696$170,101$147,276
5 years$157,096$149,594$142,475$135,719$129,308$107,534
6 years$129,600$122,155$115,141$108,536$102,317$81,613
7 years$109,968$102,586$95,683$89,233$83,211$63,576
8 years$95,251$87,935$81,147$74,856$69,032$50,452
9 years$83,810$76,563$69,892$63,760$58,135$40,590
10 years$74,662$67,487$60,933$54,962$49,534$32,998
11 years$67,183$60,079$53,644$47,833$42,601$27,044
12 years$60,955$53,924$47,608$41,956$36,917$22,307
13 years$55,689$48,731$42,535$37,041$32,192$18,494
14 years$51,179$44,296$38,218$32,881$28,219$15,397
15 years$47,274$40,465$34,505$29,324$24,847$12,861
16 years$43,861$37,126$31,284$26,257$21,960$10,773
17 years$40,852$34,191$28,467$23,591$19,471$9,045
18 years$38,180$31,594$25,987$21,261$17,313$7,608
19 years$35,793$29,281$23,790$19,211$15,431$6,410
20 years$33,647$27,210$21,833$17,399$13,783$5,407
21 years$31,708$25,345$20,082$15,791$12,335$4,567
22 years$29,947$23,658$18,509$14,357$11,056$3,860
23 years$28,342$22,127$17,090$13,076$9,925$3,266
24 years$26,873$20,732$15,805$11,926$8,920$2,765
25 years$25,524$19,456$14,639$10,891$8,027$2,342
26 years$24,280$18,285$13,577$9,958$7,231$1,984
27 years$23,131$17,209$12,607$9,115$6,519$1,682
28 years$22,065$16,216$11,720$8,351$5,882$1,427
29 years$21,075$15,297$10,906$7,658$5,311$1,210
30 years$20,152$14,447$10,159$7,029$4,799$1,027
31 years$19,291$13,657$9,471$6,455$4,339$871
32 years$18,485$12,922$8,836$5,932$3,925$740
33 years$17,729$12,238$8,251$5,455$3,552$628
34 years$17,020$11,599$7,709$5,019$3,216$533
35 years$16,352$11,001$7,207$4,621$2,913$453
36 years$15,723$10,442$6,742$4,255$2,639$384
37 years$15,130$9,917$6,311$3,921$2,392$326
38 years$14,569$9,425$5,910$3,614$2,169$277
39 years$14,038$8,962$5,537$3,332$1,966$235
40 years$13,535$8,527$5,190$3,074$1,784$200
41 years$13,058$8,117$4,866$2,836$1,618$170
42 years$12,604$7,730$4,565$2,617$1,468$144
43 years$12,173$7,365$4,283$2,416$1,333$123
44 years$11,763$7,020$4,021$2,231$1,210$104
45 years$11,372$6,695$3,775$2,060$1,098$88
46 years$10,999$6,386$3,546$1,903$997$75
47 years$10,643$6,095$3,331$1,758$905$64
48 years$10,302$5,818$3,130$1,624$822$54
49 years$9,977$5,556$2,942$1,501$747$46
50 years$9,666$5,307$2,766$1,388$678$39

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 $5,996 every year, while hoping to spend $28,511 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: 33/42/25 Blend
49$9,900,000$9,900,000$9,900,000$9,900,000
50$10,915,985$10,391,285$10,237,835$11,192,713
51$11,999,080$10,870,122$10,550,467$11,880,620
52$13,191,695$11,371,467$10,872,616$12,618,504
53$14,504,971$11,896,392$11,204,572$13,413,193
54$15,951,185$12,446,022$11,546,632$14,269,722
55$17,543,863$13,021,535$11,899,102$15,193,610
56$19,297,913$13,624,166$12,262,298$16,190,904
57$21,229,761$14,255,211$12,636,545$17,268,231
58$23,357,506$14,916,025$13,022,179$18,432,858
59$25,701,093$15,608,032$13,419,544$19,692,755
60$28,282,502$16,332,723$13,828,996$21,056,664
61$31,125,951$17,091,661$14,250,901$22,534,174
62$34,258,129$17,886,483$14,685,637$24,135,811
63$37,708,445$18,718,908$15,133,593$25,873,128
64$41,509,307$19,590,735$15,595,169$27,758,805
65$45,696,427$20,503,851$16,070,777$29,806,769
66$50,309,158$21,460,235$16,560,844$32,032,311
67$55,390,866$22,461,960$17,065,806$34,452,230
68$60,989,338$23,511,201$17,586,114$37,084,978
69$67,157,236$24,610,235$18,122,234$39,950,829
70$73,952,589$25,761,451$18,674,644$43,072,064
71$81,439,346$26,967,355$19,243,838$46,473,168
72$89,687,975$28,230,571$19,830,322$50,181,057
73$98,776,131$29,553,853$20,434,621$54,225,317
74$108,789,389$30,940,084$21,057,273$58,638,481
75$119,822,049$32,392,290$21,698,834$63,456,317
76$131,978,029$33,913,643$22,359,876$68,718,161
77$145,371,844$35,507,468$23,040,988$74,467,275
78$160,129,688$37,177,250$23,742,777$80,751,243
79$176,390,625$38,926,643$24,465,868$87,622,410
80$194,307,899$40,759,480$25,210,906$95,138,359
81$214,050,387$42,679,776$25,978,553$103,362,444
82$235,804,186$44,691,744$26,769,494$112,364,375
83$259,774,372$46,799,800$27,584,432$122,220,856
84$286,186,940$49,008,572$28,424,092$133,016,300
85$315,290,931$51,322,914$29,289,222$144,843,604
86$347,360,786$53,747,917$30,180,590$157,805,015
87$382,698,936$56,288,915$31,098,991$172,013,068
88$421,638,660$58,951,504$32,045,239$187,591,641
89$464,547,224$61,741,549$33,020,176$204,677,096
90$511,829,358$64,665,202$34,024,668$223,419,549
91$563,931,066$67,728,910$35,059,608$243,984,268
92$621,343,844$70,939,436$36,125,914$266,553,206
93$684,609,317$74,303,870$37,224,534$291,326,700
94$754,324,354$77,829,645$38,356,442$318,525,333
95$831,146,698$81,524,558$39,522,643$348,391,996
96$915,801,181$85,396,781$40,724,171$381,194,148
97$1,009,086,562$89,454,885$41,962,092$417,226,319
98$1,111,883,074$93,707,856$43,237,504$456,812,856
99$1,225,160,724$98,165,118$44,551,537$500,310,957
100$1,349,988,460$102,836,551$45,905,356$548,114,010