Can I retire at age 50 with 11,800,000?

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 $11,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$974,433$965,753$957,285$949,019$940,949$926,505
2 years$482,393$473,408$464,701$456,259$448,071$433,554
3 years$318,401$309,378$300,693$292,330$284,274$270,136
4 years$236,421$227,425$218,827$210,607$202,747$189,096
5 years$187,245$178,304$169,819$161,766$154,125$141,001
6 years$154,473$145,599$137,239$129,366$121,954$109,372
7 years$131,073$122,274$114,046$106,359$99,181$87,146
8 years$113,531$104,811$96,720$89,222$82,280$70,789
9 years$99,894$91,257$83,305$75,997$69,292$58,339
10 years$88,992$80,438$72,627$65,510$59,040$48,618
11 years$80,077$71,610$63,940$57,014$50,777$40,873
12 years$72,653$64,273$56,745$50,009$44,002$34,606
13 years$66,377$58,084$50,698$44,150$38,370$29,468
14 years$61,001$52,797$45,552$39,192$33,635$25,212
15 years$56,347$48,231$41,128$34,952$29,615$21,656
16 years$52,278$44,251$37,288$31,296$26,174$18,663
17 years$48,692$40,753$33,931$28,119$23,208$16,128
18 years$45,508$37,658$30,974$25,341$20,635$13,971
19 years$42,662$34,901$28,356$22,898$18,393$12,127
20 years$40,104$32,432$26,023$20,738$16,429$10,544
21 years$37,793$30,209$23,936$18,821$14,702$9,182
22 years$35,695$28,199$22,061$17,113$13,178$8,006
23 years$33,782$26,374$20,370$15,585$11,829$6,988
24 years$32,031$24,711$18,838$14,214$10,633$6,105
25 years$30,422$23,190$17,448$12,981$9,568$5,339
26 years$28,940$21,795$16,182$11,870$8,618$4,672
27 years$27,570$20,511$15,027$10,864$7,770$4,091
28 years$26,300$19,328$13,969$9,954$7,011$3,584
29 years$25,119$18,233$13,000$9,128$6,331$3,141
30 years$24,020$17,219$12,109$8,377$5,720$2,755
31 years$22,993$16,278$11,289$7,694$5,172$2,416
32 years$22,033$15,402$10,532$7,071$4,678$2,120
33 years$21,132$14,586$9,834$6,502$4,234$1,861
34 years$20,286$13,825$9,188$5,983$3,833$1,634
35 years$19,491$13,112$8,591$5,507$3,472$1,435
36 years$18,741$12,446$8,036$5,072$3,146$1,260
37 years$18,034$11,820$7,522$4,673$2,851$1,107
38 years$17,365$11,234$7,044$4,308$2,585$973
39 years$16,732$10,682$6,599$3,972$2,344$855
40 years$16,132$10,163$6,186$3,663$2,126$751
41 years$15,564$9,674$5,800$3,380$1,929$660
42 years$15,023$9,213$5,441$3,119$1,750$580
43 years$14,509$8,779$5,105$2,879$1,588$510
44 years$14,020$8,368$4,792$2,659$1,442$448
45 years$13,554$7,979$4,500$2,455$1,309$394
46 years$13,109$7,612$4,226$2,268$1,188$347
47 years$12,685$7,264$3,971$2,095$1,079$305
48 years$12,280$6,935$3,731$1,936$980$268
49 years$11,892$6,622$3,507$1,789$890$236
50 years$11,521$6,326$3,297$1,654$808$207

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $11,800,000, adding $5,783 every year, while hoping to spend $56,161 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: 58/13/29 Blend
49$11,800,000$11,800,000$11,800,000$11,800,000
50$13,009,565$12,384,165$12,201,265$13,660,476
51$14,276,786$12,931,234$12,550,253$14,654,578
52$15,671,381$13,503,228$12,909,049$15,731,629
53$17,206,283$14,101,307$13,277,923$16,904,940
54$18,895,743$14,726,690$13,657,152$18,183,870
55$20,755,461$15,380,650$14,047,020$19,578,712
56$22,802,740$16,064,524$14,447,817$21,100,796
57$25,056,643$16,779,710$14,859,842$22,762,587
58$27,538,177$17,527,672$15,283,404$24,577,802
59$30,270,489$18,309,946$15,718,816$26,561,541
60$33,279,085$19,128,139$16,166,402$28,730,421
61$36,592,069$19,983,935$16,626,493$31,102,737
62$40,240,410$20,879,098$17,099,431$33,698,624
63$44,258,235$21,815,477$17,585,565$36,540,251
64$48,683,147$22,795,007$18,085,254$39,652,026
65$53,556,583$23,819,718$18,598,865$43,060,820
66$58,924,204$24,891,733$19,126,776$46,796,221
67$64,836,325$26,013,280$19,669,375$50,890,809
68$71,348,391$27,186,691$20,227,060$55,380,458
69$78,521,498$28,414,411$20,800,238$60,304,675
70$86,422,973$29,698,999$21,389,328$65,706,967
71$95,127,005$31,043,138$21,994,759$71,635,249
72$104,715,348$32,449,641$22,616,972$78,142,289
73$115,278,092$33,921,452$23,256,419$85,286,207
74$126,914,512$35,461,658$23,913,564$93,131,015
75$139,734,005$37,073,492$24,588,881$101,747,220
76$153,857,125$38,760,344$25,282,860$111,212,483
77$169,416,715$40,525,765$25,996,000$121,612,348
78$186,559,168$42,373,475$26,728,814$133,041,043
79$205,445,803$44,307,375$27,481,828$145,602,367
80$226,254,389$46,331,550$28,255,583$159,410,663
81$249,180,823$48,450,283$29,050,632$174,591,891
82$274,440,981$50,668,061$29,867,543$191,284,811
83$302,272,753$52,989,587$30,706,896$209,642,290
84$332,938,287$55,419,790$31,569,291$229,832,734
85$366,726,467$57,963,835$32,455,337$252,041,675
86$403,955,639$60,627,135$33,365,663$276,473,511
87$444,976,613$63,415,364$34,300,911$303,353,435
88$490,175,977$66,334,466$35,261,742$332,929,547
89$539,979,747$69,390,675$36,248,830$365,475,191
90$594,857,385$72,590,522$37,262,870$401,291,528
91$655,326,232$75,940,852$38,304,570$440,710,369
92$721,956,394$79,448,840$39,374,659$484,097,299
93$795,376,119$83,122,006$40,473,883$531,855,119
94$876,277,732$86,968,232$41,603,007$584,427,640
95$965,424,166$90,995,782$42,762,813$642,303,861
96$1,063,656,169$95,213,313$43,954,106$706,022,575
97$1,171,900,237$99,629,904$45,177,707$776,177,447
98$1,291,177,360$104,255,068$46,434,459$853,422,604
99$1,422,612,664$109,098,780$47,725,226$938,478,801
100$1,567,446,028$114,171,492$49,050,894$1,032,140,210