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%13.2%
1 years$817,533$810,251$803,146$796,211$789,440$778,929
2 years$404,719$397,182$389,877$382,794$375,924$365,352
3 years$267,133$259,563$252,276$245,260$238,501$228,196
4 years$198,353$190,806$183,592$176,696$170,101$160,142
5 years$157,096$149,594$142,475$135,719$129,308$119,724
6 years$129,600$122,155$115,141$108,536$102,317$93,119
7 years$109,968$102,586$95,683$89,233$83,211$74,403
8 years$95,251$87,935$81,147$74,856$69,032$60,613
9 years$83,810$76,563$69,892$63,760$58,135$50,101
10 years$74,662$67,487$60,933$54,962$49,534$41,879
11 years$67,183$60,079$53,644$47,833$42,601$35,318
12 years$60,955$53,924$47,608$41,956$36,917$29,998
13 years$55,689$48,731$42,535$37,041$32,192$25,628
14 years$51,179$44,296$38,218$32,881$28,219$22,000
15 years$47,274$40,465$34,505$29,324$24,847$18,962
16 years$43,861$37,126$31,284$26,257$21,960$16,398
17 years$40,852$34,191$28,467$23,591$19,471$14,222
18 years$38,180$31,594$25,987$21,261$17,313$12,364
19 years$35,793$29,281$23,790$19,211$15,431$10,771
20 years$33,647$27,210$21,833$17,399$13,783$9,400
21 years$31,708$25,345$20,082$15,791$12,335$8,216
22 years$29,947$23,658$18,509$14,357$11,056$7,191
23 years$28,342$22,127$17,090$13,076$9,925$6,301
24 years$26,873$20,732$15,805$11,926$8,920$5,527
25 years$25,524$19,456$14,639$10,891$8,027$4,852
26 years$24,280$18,285$13,577$9,958$7,231$4,263
27 years$23,131$17,209$12,607$9,115$6,519$3,748
28 years$22,065$16,216$11,720$8,351$5,882$3,297
29 years$21,075$15,297$10,906$7,658$5,311$2,901
30 years$20,152$14,447$10,159$7,029$4,799$2,555
31 years$19,291$13,657$9,471$6,455$4,339$2,250
32 years$18,485$12,922$8,836$5,932$3,925$1,983
33 years$17,729$12,238$8,251$5,455$3,552$1,748
34 years$17,020$11,599$7,709$5,019$3,216$1,541
35 years$16,352$11,001$7,207$4,621$2,913$1,359
36 years$15,723$10,442$6,742$4,255$2,639$1,198
37 years$15,130$9,917$6,311$3,921$2,392$1,057
38 years$14,569$9,425$5,910$3,614$2,169$933
39 years$14,038$8,962$5,537$3,332$1,966$823
40 years$13,535$8,527$5,190$3,074$1,784$727
41 years$13,058$8,117$4,866$2,836$1,618$641
42 years$12,604$7,730$4,565$2,617$1,468$566
43 years$12,173$7,365$4,283$2,416$1,333$500
44 years$11,763$7,020$4,021$2,231$1,210$441
45 years$11,372$6,695$3,775$2,060$1,098$390
46 years$10,999$6,386$3,546$1,903$997$344
47 years$10,643$6,095$3,331$1,758$905$304
48 years$10,302$5,818$3,130$1,624$822$268
49 years$9,977$5,556$2,942$1,501$747$237
50 years$9,666$5,307$2,766$1,388$678$209

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 $5,384 every year, while hoping to spend $36,192 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: 69/5/26 Blend
49$9,900,000$9,900,000$9,900,000$9,900,000
50$10,915,354$10,390,654$10,237,204$11,595,192
51$11,990,212$10,861,288$10,541,642$12,522,576
52$13,173,492$11,353,770$10,855,066$13,532,469
53$14,476,216$11,869,132$11,177,738$14,636,872
54$15,910,527$12,408,457$11,509,930$15,845,150
55$17,489,807$12,972,877$11,851,918$17,167,611
56$19,228,800$13,563,581$12,203,990$18,615,606
57$21,143,754$14,181,812$12,566,440$20,201,634
58$23,252,572$14,828,876$12,939,571$21,939,459
59$25,574,982$15,506,139$13,323,695$23,844,236
60$28,132,724$16,215,033$13,719,132$25,932,658
61$30,949,751$16,957,060$14,126,212$28,223,106
62$34,052,462$17,733,792$14,545,276$30,735,826
63$37,469,943$18,546,877$14,976,673$33,493,116
64$41,234,246$19,398,044$15,420,761$36,519,535
65$45,380,694$20,289,102$15,877,911$39,842,136
66$49,948,206$21,221,950$16,348,502$43,490,714
67$54,979,674$22,198,576$16,832,928$47,498,093
68$60,522,358$23,221,064$17,331,589$51,900,427
69$66,628,342$24,291,599$17,844,900$56,737,543
70$73,355,015$25,412,470$18,373,287$62,053,317
71$80,765,623$26,586,077$18,917,188$67,896,080
72$88,929,857$27,814,936$19,477,054$74,319,080
73$97,924,517$29,101,682$20,053,350$81,380,975
74$107,834,232$30,449,078$20,646,552$89,146,390
75$118,752,263$31,860,022$21,257,150$97,686,522
76$130,781,379$33,337,549$21,885,650$107,079,810
77$144,034,831$34,884,840$22,532,571$117,412,675
78$158,637,419$36,505,232$23,198,447$128,780,329
79$174,726,668$38,202,221$23,883,827$141,287,676
80$192,454,130$39,979,471$24,589,277$155,050,297
81$211,986,811$41,840,825$25,315,377$170,195,539
82$233,508,750$43,790,310$26,062,727$186,863,713
83$257,222,754$45,832,147$26,831,940$205,209,415
84$283,352,314$47,970,761$27,623,649$225,402,988
85$312,143,714$50,210,792$28,438,505$247,632,117
86$343,868,354$52,557,103$29,277,177$272,103,607
87$378,825,317$55,014,791$30,140,353$299,045,324
88$417,344,185$57,589,202$31,028,740$328,708,349
89$459,788,156$60,285,937$31,943,067$361,369,340
90$506,557,470$63,110,870$32,884,082$397,333,141
91$558,093,188$66,070,159$33,852,555$436,935,655
92$614,881,356$69,170,259$34,849,278$480,547,013
93$677,457,590$72,417,938$35,875,065$528,575,063
94$746,412,138$75,820,291$36,930,753$581,469,214
95$822,395,447$79,384,756$38,017,205$639,724,674
96$906,124,306$83,119,132$39,135,304$703,887,123
97$998,388,610$87,031,595$40,285,962$774,557,856
98$1,100,058,822$91,130,716$41,470,115$852,399,456
99$1,212,094,184$95,425,484$42,688,727$938,142,044
100$1,335,551,779$99,925,320$43,942,786$1,032,590,163