Can I retire at age 50 with 11,700,000?

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 $11,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$966,175$957,569$949,172$940,977$932,974$910,790
2 years$478,304$469,397$460,763$452,393$444,274$422,053
3 years$315,702$306,756$298,144$289,852$281,865$260,303
4 years$234,417$225,498$216,973$208,822$201,029$180,290
5 years$185,659$176,793$168,380$160,396$152,819$132,962
6 years$153,164$144,365$136,076$128,270$120,920$101,966
7 years$129,962$121,237$113,080$105,458$98,341$80,291
8 years$112,569$103,923$95,901$88,466$81,583$64,431
9 years$99,048$90,484$82,599$75,353$68,705$52,437
10 years$88,237$79,757$72,012$64,955$58,540$43,137
11 years$79,398$71,003$63,398$56,530$50,346$35,788
12 years$72,038$63,728$56,264$49,585$43,629$29,891
13 years$65,814$57,592$50,268$43,776$38,045$25,101
14 years$60,484$52,349$45,166$38,859$33,350$21,172
15 years$55,870$47,822$40,779$34,656$29,364$17,924
16 years$51,835$43,876$36,972$31,030$25,952$15,219
17 years$48,280$40,408$33,643$27,881$23,011$12,956
18 years$45,122$37,339$30,712$25,126$20,460$11,052
19 years$42,301$34,605$28,115$22,704$18,237$9,445
20 years$39,765$32,157$25,803$20,562$16,289$8,084
21 years$37,473$29,953$23,734$18,662$14,577$6,928
22 years$35,392$27,960$21,874$16,968$13,066$5,944
23 years$33,495$26,150$20,197$15,453$11,729$5,104
24 years$31,759$24,501$18,679$14,094$10,542$4,386
25 years$30,164$22,993$17,300$12,871$9,487$3,772
26 years$28,695$21,610$16,045$11,769$8,545$3,246
27 years$27,336$20,337$14,899$10,772$7,704$2,794
28 years$26,077$19,164$13,851$9,870$6,952$2,407
29 years$24,906$18,079$12,889$9,051$6,277$2,074
30 years$23,816$17,074$12,006$8,306$5,672$1,787
31 years$22,798$16,140$11,193$7,629$5,128$1,541
32 years$21,846$15,272$10,443$7,011$4,638$1,329
33 years$20,953$14,463$9,751$6,447$4,198$1,146
34 years$20,114$13,707$9,111$5,932$3,801$988
35 years$19,326$13,001$8,518$5,461$3,442$853
36 years$18,582$12,340$7,968$5,029$3,119$736
37 years$17,881$11,720$7,458$4,634$2,827$635
38 years$17,218$11,138$6,984$4,271$2,563$548
39 years$16,590$10,592$6,543$3,938$2,324$473
40 years$15,996$10,077$6,133$3,632$2,108$408
41 years$15,432$9,592$5,751$3,351$1,912$352
42 years$14,896$9,135$5,395$3,093$1,735$304
43 years$14,386$8,704$5,062$2,855$1,575$263
44 years$13,901$8,297$4,752$2,636$1,430$227
45 years$13,439$7,912$4,462$2,435$1,298$196
46 years$12,998$7,548$4,190$2,249$1,178$169
47 years$12,578$7,203$3,937$2,078$1,070$146
48 years$12,176$6,876$3,700$1,920$972$126
49 years$11,791$6,566$3,477$1,774$883$109
50 years$11,423$6,272$3,269$1,640$802$94

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $11,700,000, adding $5,309 every year, while hoping to spend $33,357 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: 27/50/23 Blend
49$11,700,000$11,700,000$11,700,000$11,700,000
50$12,898,876$12,278,776$12,097,426$13,153,441
51$14,179,070$12,844,945$12,467,198$13,921,650
52$15,588,726$13,437,737$12,848,240$14,742,641
53$17,141,013$14,058,424$13,240,893$15,623,463
54$18,850,444$14,708,334$13,645,511$16,569,216
55$20,733,010$15,388,863$14,062,456$17,585,475
56$22,806,332$16,101,473$14,492,104$18,678,340
57$25,089,827$16,847,694$14,934,839$19,854,483
58$27,604,892$17,629,134$15,391,059$21,121,207
59$30,375,105$18,447,476$15,861,173$22,486,507
60$33,426,447$19,304,483$16,345,603$23,959,141
61$36,787,548$20,202,006$16,844,784$25,548,700
62$40,489,956$21,141,983$17,359,163$27,265,694
63$44,568,438$22,126,446$17,889,201$29,121,643
64$49,061,303$23,157,526$18,435,373$31,129,176
65$54,010,766$24,237,455$18,998,169$33,302,142
66$59,463,349$25,368,575$19,578,092$35,655,730
67$65,470,316$26,553,340$20,175,663$38,206,604
68$72,088,156$27,794,323$20,791,416$40,973,048
69$79,379,123$29,094,219$21,425,903$43,975,132
70$87,411,814$30,455,856$22,079,691$47,234,883
71$96,261,824$31,882,198$22,753,366$50,776,488
72$106,012,456$33,376,352$23,447,530$54,626,505
73$116,755,509$34,941,575$24,162,805$58,814,105
74$128,592,141$36,581,282$24,899,829$63,371,329
75$141,633,827$38,299,054$25,659,261$68,333,381
76$156,003,413$40,098,643$26,441,782$73,738,942
77$171,836,269$41,983,984$27,248,089$79,630,519
78$189,281,572$43,959,203$28,078,904$86,054,835
79$208,503,713$46,028,624$28,934,968$93,063,248
80$229,683,848$48,196,783$29,817,046$100,712,218
81$253,021,609$50,468,434$30,725,925$109,063,826
82$278,736,987$52,848,561$31,662,417$118,186,334
83$307,072,409$55,342,390$32,627,358$128,154,815
84$338,295,028$57,955,400$33,621,607$139,051,835
85$372,699,243$60,693,337$34,646,054$150,968,215
86$410,609,479$63,562,224$35,701,609$164,003,860
87$452,383,248$66,568,376$36,789,216$178,268,682
88$498,414,528$69,718,415$37,909,843$193,883,607
89$549,137,476$73,019,283$39,064,489$210,981,694
90$605,030,532$76,478,261$40,254,183$229,709,361
91$666,620,932$80,102,982$41,479,984$250,227,737
92$734,489,688$83,901,448$42,742,984$272,714,155
93$809,277,069$87,882,052$44,044,307$297,363,788
94$891,688,650$92,053,593$45,385,111$324,391,465
95$982,501,970$96,425,297$46,766,590$354,033,657
96$1,082,573,873$101,006,838$48,189,973$386,550,676
97$1,192,848,596$105,808,361$49,656,525$422,229,092
98$1,314,366,684$110,840,503$51,167,550$461,384,399
99$1,448,274,815$116,114,416$52,724,392$504,363,948
100$1,595,836,621$121,641,798$54,328,434$551,550,184