Can I retire at age 50 with 11,900,000?

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$982,691$973,938$965,398$957,062$948,923$932,819
2 years$486,481$477,420$468,640$460,126$451,868$435,693
3 years$321,099$311,999$303,241$294,807$286,684$270,941
4 years$238,424$229,353$220,682$212,392$204,465$189,277
5 years$188,832$179,815$171,258$163,137$155,431$140,841
6 years$155,782$146,833$138,402$130,462$122,987$109,011
7 years$132,184$123,310$115,013$107,260$100,022$86,664
8 years$114,493$105,699$97,540$89,978$82,978$70,235
9 years$100,741$92,030$84,011$76,641$69,879$57,745
10 years$89,746$81,120$73,243$66,065$59,541$48,005
11 years$80,756$72,217$64,482$57,497$51,207$40,257
12 years$73,269$64,818$57,226$50,432$44,375$33,996
13 years$66,939$58,576$51,128$44,524$38,696$28,873
14 years$61,518$53,244$45,938$39,524$33,920$24,637
15 years$56,825$48,640$41,476$35,248$29,866$21,104
16 years$52,721$44,626$37,604$31,561$26,396$18,136
17 years$49,105$41,099$34,218$28,357$23,404$15,629
18 years$45,894$37,977$31,237$25,556$20,810$13,499
19 years$43,024$35,197$28,596$23,092$18,548$11,683
20 years$40,444$32,707$26,244$20,914$16,568$10,128
21 years$38,113$30,465$24,139$18,981$14,826$8,793
22 years$35,997$28,438$22,248$17,258$13,290$7,643
23 years$34,068$26,597$20,542$15,717$11,930$6,651
24 years$32,302$24,920$18,998$14,335$10,723$5,793
25 years$30,680$23,386$17,596$13,091$9,649$5,049
26 years$29,185$21,979$16,319$11,970$8,691$4,404
27 years$27,803$20,685$15,154$10,957$7,836$3,844
28 years$26,523$19,491$14,088$10,039$7,070$3,357
29 years$25,332$18,388$13,110$9,206$6,384$2,933
30 years$24,223$17,365$12,211$8,448$5,769$2,563
31 years$23,188$16,416$11,384$7,759$5,215$2,241
32 years$22,219$15,533$10,622$7,131$4,718$1,960
33 years$21,311$14,710$9,917$6,557$4,270$1,715
34 years$20,458$13,942$9,266$6,033$3,866$1,500
35 years$19,656$13,223$8,663$5,554$3,501$1,313
36 years$18,900$12,551$8,104$5,115$3,172$1,150
37 years$18,186$11,921$7,586$4,713$2,875$1,006
38 years$17,512$11,329$7,104$4,344$2,607$881
39 years$16,874$10,773$6,655$4,005$2,364$772
40 years$16,269$10,249$6,238$3,694$2,144$676
41 years$15,695$9,756$5,849$3,409$1,945$592
42 years$15,150$9,292$5,487$3,146$1,765$518
43 years$14,632$8,853$5,149$2,904$1,602$454
44 years$14,139$8,439$4,833$2,681$1,454$398
45 years$13,669$8,047$4,538$2,476$1,320$349
46 years$13,221$7,677$4,262$2,287$1,198$305
47 years$12,793$7,326$4,004$2,113$1,088$268
48 years$12,384$6,994$3,763$1,953$988$234
49 years$11,993$6,678$3,537$1,805$898$205
50 years$11,619$6,379$3,325$1,668$815$180

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $11,900,000, adding $3,428 every year, while hoping to spend $51,428 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: 41/47/12 Blend
49$11,900,000$11,900,000$11,900,000$11,900,000
50$13,117,336$12,486,636$12,302,186$13,608,434
51$14,400,585$13,043,762$12,659,590$14,511,249
52$15,813,002$13,626,464$13,027,244$15,482,412
53$17,367,708$14,235,940$13,405,436$16,532,375
54$19,079,160$14,873,447$13,794,464$17,668,327
55$20,963,288$15,540,299$14,194,632$18,898,151
56$23,037,645$16,237,876$14,606,254$20,230,497
57$25,321,575$16,967,622$15,029,654$21,674,857
58$27,836,389$17,731,049$15,465,160$23,241,648
59$30,605,573$18,529,742$15,913,115$24,942,303
60$33,655,004$19,365,362$16,373,868$26,789,377
61$37,013,199$20,239,649$16,847,776$28,796,658
62$40,711,579$21,154,426$17,335,211$30,979,286
63$44,784,769$22,111,602$17,836,550$33,353,894
64$49,270,924$23,113,180$18,352,183$35,938,758
65$54,212,088$24,161,254$18,882,510$38,753,955
66$59,654,589$25,258,024$19,427,942$41,821,554
67$65,649,481$26,405,791$19,988,902$45,165,809
68$72,253,020$27,606,967$20,565,823$48,813,381
69$79,527,200$28,864,081$21,159,150$52,793,581
70$87,540,335$30,179,780$21,769,341$57,138,638
71$96,367,701$31,556,842$22,396,867$61,883,992
72$106,092,255$32,998,175$23,042,210$67,068,616
73$116,805,406$34,506,828$23,705,865$72,735,377
74$128,607,889$36,085,994$24,388,343$78,931,427
75$141,610,708$37,739,022$25,090,167$85,708,635
76$155,936,186$39,469,419$25,811,873$93,124,067
77$171,719,120$41,280,864$26,554,014$101,240,506
78$189,108,053$43,177,209$27,317,156$110,127,039
79$208,266,674$45,162,492$28,101,881$119,859,688
80$229,375,368$47,240,947$28,908,786$130,522,114
81$252,632,911$49,417,009$29,738,487$142,206,392
82$278,258,353$51,695,328$30,591,611$155,013,864
83$306,493,082$54,080,776$31,468,807$169,056,078
84$337,603,104$56,578,461$32,370,739$184,455,819
85$371,881,551$59,193,736$33,298,090$201,348,256
86$409,651,452$61,932,212$34,251,558$219,882,194
87$451,268,779$64,799,770$35,231,865$240,221,456
88$497,125,809$67,802,573$36,239,747$262,546,411
89$547,654,827$70,947,084$37,275,963$287,055,656
90$603,332,203$74,240,075$38,341,292$313,967,859
91$664,682,893$77,688,644$39,436,531$343,523,806
92$732,285,395$81,300,234$40,562,501$375,988,643
93$806,777,204$85,082,645$41,720,044$411,654,356
94$888,860,837$89,044,052$42,910,024$450,842,494
95$979,310,460$93,193,028$44,133,327$493,907,177
96$1,078,979,197$97,538,557$45,390,864$541,238,406
97$1,188,807,187$102,090,058$46,683,569$593,265,715
98$1,309,830,453$106,857,404$48,012,401$650,462,188
99$1,443,190,687$111,850,945$49,378,345$713,348,889
100$1,590,146,027$117,081,531$50,782,410$782,499,745