Can I retire at age 50 with 12,200,000?

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 $12,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$1,007,465$998,491$989,735$981,190$972,845$939,449
2 years$498,745$489,456$480,454$471,726$463,260$429,954
3 years$329,194$319,865$310,886$302,239$293,911$261,742
4 years$244,435$235,135$226,245$217,746$209,620$178,833
5 years$193,593$184,348$175,575$167,250$159,350$130,026
6 years$159,709$150,534$141,891$133,751$126,088$98,251
7 years$135,516$126,419$117,912$109,964$102,543$76,188
8 years$117,379$108,364$99,999$92,246$85,069$60,176
9 years$103,281$94,350$86,129$78,573$71,641$48,177
10 years$92,008$83,165$75,089$67,731$61,042$38,969
11 years$82,791$74,037$66,107$58,946$52,498$31,773
12 years$75,116$66,452$58,669$51,704$45,493$26,069
13 years$68,627$60,053$52,416$45,647$39,671$21,496
14 years$63,069$54,586$47,096$40,520$34,776$17,796
15 years$58,257$49,866$42,522$36,137$30,619$14,782
16 years$54,051$45,751$38,552$32,357$27,061$12,310
17 years$50,343$42,135$35,081$29,072$23,994$10,275
18 years$47,051$38,934$32,024$26,200$21,335$8,592
19 years$44,109$36,084$29,317$23,674$19,016$7,195
20 years$41,464$33,531$26,906$21,441$16,986$6,032
21 years$39,074$31,233$24,748$19,459$15,200$5,063
22 years$36,905$29,155$22,809$17,693$13,625$4,253
23 years$34,927$27,268$21,060$16,113$12,230$3,576
24 years$33,116$25,548$19,477$14,696$10,993$3,008
25 years$31,453$23,976$18,040$13,421$9,892$2,531
26 years$29,921$22,533$16,731$12,272$8,910$2,131
27 years$28,504$21,206$15,536$11,233$8,033$1,795
28 years$27,191$19,983$14,443$10,292$7,249$1,512
29 years$25,971$18,851$13,440$9,438$6,545$1,275
30 years$24,834$17,803$12,519$8,661$5,914$1,074
31 years$23,772$16,830$11,671$7,955$5,347$906
32 years$22,779$15,925$10,889$7,311$4,837$764
33 years$21,848$15,081$10,167$6,723$4,377$644
34 years$20,974$14,293$9,500$6,186$3,963$543
35 years$20,152$13,557$8,882$5,694$3,590$458
36 years$19,376$12,867$8,309$5,244$3,252$386
37 years$18,645$12,221$7,777$4,832$2,948$326
38 years$17,954$11,614$7,283$4,454$2,672$275
39 years$17,299$11,044$6,823$4,106$2,423$232
40 years$16,679$10,508$6,395$3,788$2,198$196
41 years$16,091$10,002$5,997$3,495$1,994$165
42 years$15,532$9,526$5,625$3,225$1,809$139
43 years$15,001$9,076$5,278$2,977$1,642$118
44 years$14,495$8,651$4,955$2,749$1,491$99
45 years$14,013$8,250$4,652$2,539$1,353$84
46 years$13,554$7,870$4,370$2,345$1,229$71
47 years$13,115$7,511$4,105$2,166$1,116$60
48 years$12,696$7,170$3,858$2,002$1,013$50
49 years$12,295$6,847$3,626$1,850$920$42
50 years$11,911$6,540$3,409$1,710$836$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $12,200,000, adding $5,937 every year, while hoping to spend $21,053 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: 51/35/14 Blend
49$12,200,000$12,200,000$12,200,000$12,200,000
50$13,450,524$12,803,924$12,614,824$14,085,211
51$14,800,077$13,408,916$13,015,020$15,125,821
52$16,286,579$14,042,847$13,427,918$16,253,807
53$17,923,977$14,707,113$13,853,919$17,479,634
54$19,727,638$15,403,177$14,293,441$18,812,537
55$21,714,498$16,132,574$14,746,913$20,262,661
56$23,903,219$16,896,912$15,214,777$21,841,147
57$26,314,366$17,697,879$15,697,490$23,560,239
58$28,970,600$18,537,244$16,195,524$25,433,392
59$31,896,893$19,416,861$16,709,366$27,475,391
60$35,120,763$20,338,674$17,239,517$29,702,489
61$38,672,536$21,304,724$17,786,496$32,132,552
62$42,585,627$22,317,148$18,350,836$34,785,225
63$46,896,861$23,378,188$18,933,089$37,682,105
64$51,646,817$24,490,196$19,533,824$40,846,945
65$56,880,213$25,655,636$20,153,627$44,305,866
66$62,646,325$26,877,093$20,793,105$48,087,601
67$68,999,458$28,157,278$21,452,881$52,223,755
68$75,999,451$29,499,033$22,133,601$56,749,095
69$83,712,248$30,905,339$22,835,930$61,701,875
70$92,210,517$32,379,320$23,560,553$67,124,181
71$101,574,338$33,924,255$24,308,180$73,062,326
72$111,891,956$35,543,579$25,079,539$79,567,274
73$123,260,618$37,240,897$25,875,386$86,695,111
74$135,787,488$39,019,987$26,696,498$94,507,565
75$149,590,658$40,884,813$27,543,678$103,072,578
76$164,800,266$42,839,530$28,417,752$112,464,936
77$181,559,723$44,888,496$29,319,576$122,766,962
78$200,027,063$47,036,281$30,250,030$134,069,280
79$220,376,442$49,287,677$31,210,025$146,471,660
80$242,799,776$51,647,710$32,200,497$160,083,944
81$267,508,555$54,121,651$33,222,416$175,027,069
82$294,735,841$56,715,025$34,276,781$191,434,194
83$324,738,465$59,433,629$35,364,621$209,451,939
84$357,799,453$62,283,541$36,487,000$229,241,759
85$394,230,698$65,271,135$37,645,015$250,981,440
86$434,375,904$68,403,096$38,839,798$274,866,771
87$478,613,832$71,686,434$40,072,518$301,113,366
88$527,361,874$75,128,500$41,344,378$329,958,680
89$581,079,993$78,737,004$42,656,623$361,664,232
90$640,275,068$82,520,033$44,010,535$396,518,054
91$705,505,675$86,486,064$45,407,437$434,837,380
92$777,387,364$90,643,992$46,848,697$476,971,626
93$856,598,469$95,003,141$48,335,722$523,305,657
94$943,886,510$99,573,293$49,869,967$574,263,395
95$1,040,075,255$104,364,705$51,452,931$630,311,797
96$1,146,072,489$109,388,134$53,086,163$691,965,231
97$1,262,878,593$114,654,862$54,771,259$759,790,303
98$1,391,595,980$120,176,721$56,509,867$834,411,176
99$1,533,439,510$125,966,120$58,303,687$916,515,426
100$1,689,747,953$132,036,073$60,154,473$1,006,860,502