Can I retire at age 50 with 11,300,000?

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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$933,143$924,831$916,722$908,807$901,078$871,885
2 years$461,952$453,349$445,011$436,926$429,085$399,947
3 years$304,909$296,268$287,951$279,943$272,229$244,061
4 years$226,403$217,789$209,555$201,683$194,156$167,174
5 years$179,311$170,749$162,623$154,912$147,594$121,870
6 years$147,927$139,429$131,424$123,884$116,786$92,341
7 years$125,519$117,093$109,214$101,852$94,979$71,810
8 years$108,720$100,370$92,622$85,441$78,794$56,886
9 years$95,662$87,390$79,775$72,777$66,356$45,682
10 years$85,221$77,030$69,550$62,734$56,538$37,068
11 years$76,684$68,575$61,231$54,598$48,625$30,321
12 years$69,575$61,550$54,341$47,890$42,137$24,960
13 years$63,564$55,623$48,550$42,279$36,745$20,652
14 years$58,417$50,560$43,622$37,531$32,210$17,157
15 years$53,959$46,187$39,385$33,471$28,360$14,301
16 years$50,063$42,376$35,708$29,970$25,065$11,954
17 years$46,629$39,027$32,493$26,927$22,224$10,014
18 years$43,580$36,062$29,662$24,267$19,761$8,404
19 years$40,855$33,422$27,154$21,927$17,613$7,065
20 years$38,405$31,057$24,921$19,859$15,732$5,946
21 years$36,192$28,929$22,922$18,024$14,079$5,010
22 years$34,182$27,004$21,126$16,388$12,620$4,225
23 years$32,350$25,256$19,506$14,925$11,328$3,566
24 years$30,673$23,664$18,040$13,612$10,182$3,012
25 years$29,133$22,207$16,709$12,431$9,162$2,545
26 years$27,714$20,871$15,497$11,367$8,253$2,151
27 years$26,402$19,642$14,390$10,404$7,441$1,819
28 years$25,185$18,509$13,377$9,532$6,714$1,539
29 years$24,055$17,461$12,449$8,741$6,063$1,302
30 years$23,002$16,490$11,596$8,022$5,478$1,102
31 years$22,019$15,588$10,810$7,368$4,953$933
32 years$21,099$14,750$10,086$6,771$4,480$790
33 years$20,237$13,968$9,417$6,227$4,054$669
34 years$19,427$13,239$8,799$5,729$3,671$567
35 years$18,665$12,557$8,227$5,274$3,325$480
36 years$17,947$11,918$7,696$4,857$3,012$407
37 years$17,269$11,320$7,203$4,475$2,730$344
38 years$16,629$10,758$6,745$4,125$2,475$292
39 years$16,023$10,229$6,320$3,803$2,245$247
40 years$15,449$9,732$5,923$3,508$2,036$209
41 years$14,904$9,264$5,554$3,237$1,847$177
42 years$14,387$8,823$5,210$2,987$1,676$150
43 years$13,894$8,407$4,889$2,757$1,521$127
44 years$13,426$8,013$4,589$2,546$1,381$108
45 years$12,980$7,641$4,309$2,351$1,253$91
46 years$12,554$7,290$4,047$2,172$1,138$78
47 years$12,148$6,956$3,802$2,007$1,033$66
48 years$11,759$6,641$3,573$1,854$938$56
49 years$11,388$6,342$3,358$1,714$852$47
50 years$11,033$6,058$3,157$1,584$774$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $11,300,000, adding $4,522 every year, while hoping to spend $34,784 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: 65/13/22 Blend
49$11,300,000$11,300,000$11,300,000$11,300,000
50$12,457,264$11,858,364$11,683,214$13,196,303
51$13,690,896$12,402,414$12,037,592$14,238,055
52$15,049,191$12,971,957$12,402,676$15,371,773
53$16,544,830$13,568,205$12,778,787$16,610,023
54$18,191,784$14,192,428$13,166,258$17,963,060
55$20,005,448$14,845,959$13,565,429$19,442,171
56$22,002,786$15,530,193$13,976,653$21,059,779
57$24,202,491$16,246,593$14,400,292$22,829,555
58$26,625,161$16,996,692$14,836,718$24,766,547
59$29,293,496$17,782,098$15,286,316$26,887,322
60$32,232,506$18,604,495$15,749,482$29,210,115
61$35,469,755$19,465,648$16,226,622$31,755,002
62$39,035,612$20,367,408$16,718,157$34,544,087
63$42,963,548$21,311,714$17,224,518$37,601,704
64$47,290,442$22,300,599$17,746,151$40,954,652
65$52,056,934$23,336,196$18,283,514$44,632,434
66$57,307,808$24,420,737$18,837,079$48,667,543
67$63,092,416$25,556,564$19,407,332$53,095,757
68$69,465,138$26,746,131$19,994,774$57,956,479
69$76,485,903$27,992,013$20,599,920$63,293,104
70$84,220,749$29,296,905$21,223,301$69,153,423
71$92,742,447$30,663,635$21,865,463$75,590,073
72$102,131,191$32,095,167$22,526,970$82,661,029
73$112,475,350$33,594,608$23,208,402$90,430,145
74$123,872,307$35,165,216$23,910,355$98,967,757
75$136,429,375$36,810,404$24,633,444$108,351,338
76$150,264,810$38,533,752$25,378,303$118,666,228
77$165,508,927$40,339,013$26,145,583$130,006,432
78$182,305,334$42,230,120$26,935,956$142,475,504
79$200,812,280$44,211,199$27,750,113$156,187,520
80$221,204,157$46,286,572$28,588,766$171,268,147
81$243,673,140$48,460,772$29,452,648$187,855,825
82$268,431,002$50,738,553$30,342,514$206,103,068
83$295,711,118$53,124,895$31,259,142$226,177,898
84$325,770,660$55,625,023$32,203,331$248,265,423
85$358,893,031$58,244,413$33,175,907$272,569,578
86$395,390,538$60,988,807$34,177,717$299,315,045
87$435,607,339$63,864,224$35,209,636$328,749,363
88$479,922,692$66,876,976$36,272,564$361,145,263
89$528,754,539$70,033,680$37,367,427$396,803,228
90$582,563,446$73,341,275$38,495,180$436,054,325
91$641,856,954$76,807,033$39,656,805$479,263,321
92$707,194,368$80,438,583$40,853,313$526,832,118
93$779,192,042$84,243,921$42,085,747$579,203,537
94$858,529,188$88,231,432$43,355,178$636,865,486
95$945,954,300$92,409,907$44,662,711$700,355,560
96$1,042,292,211$96,788,564$46,009,483$770,266,103
97$1,148,451,881$101,377,068$47,396,666$847,249,790
98$1,265,434,982$106,185,553$48,825,463$932,025,772
99$1,394,345,351$111,224,647$50,297,117$1,025,386,462
100$1,536,399,412$116,505,489$51,812,906$1,128,204,992