Can I retire at age 50 with 12,600,000?

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 $12,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$972,969
2 years$515,097$505,504$496,207$487,192$478,448$446,726
3 years$339,987$330,352$321,079$312,149$303,547$272,870
4 years$252,449$242,844$233,663$224,886$216,493$187,096
5 years$199,940$190,393$181,332$172,734$164,574$136,537
6 years$164,946$155,470$146,543$138,137$130,222$103,568
7 years$139,959$130,563$121,778$113,570$105,905$80,633
8 years$121,228$111,917$103,277$95,271$87,859$63,950
9 years$106,667$97,444$88,953$81,150$73,990$51,418
10 years$95,025$85,892$77,551$69,952$63,043$41,774
11 years$85,506$76,465$68,275$60,879$54,219$34,215
12 years$77,579$68,630$60,592$53,399$46,985$28,203
13 years$70,877$62,022$54,135$47,143$40,972$23,367
14 years$65,137$56,376$48,641$41,849$35,916$19,440
15 years$60,167$51,501$43,916$37,322$31,623$16,227
16 years$55,823$47,251$39,816$33,417$27,949$13,583
17 years$51,993$43,516$36,231$30,025$24,781$11,395
18 years$48,593$40,211$33,074$27,059$22,034$9,578
19 years$45,555$37,267$30,278$24,450$19,640$8,063
20 years$42,823$34,630$27,788$22,144$17,542$6,797
21 years$40,355$32,257$25,559$20,097$15,698$5,736
22 years$38,115$30,111$23,557$18,273$14,071$4,845
23 years$36,072$28,162$21,751$16,642$12,631$4,096
24 years$34,202$26,386$20,116$15,178$11,353$3,464
25 years$32,485$24,762$18,631$13,862$10,216$2,932
26 years$30,902$23,272$17,279$12,674$9,202$2,483
27 years$29,439$21,902$16,045$11,601$8,297$2,103
28 years$28,083$20,638$14,916$10,629$7,486$1,782
29 years$26,822$19,470$13,881$9,747$6,760$1,510
30 years$25,648$18,387$12,930$8,945$6,108$1,280
31 years$24,552$17,382$12,054$8,216$5,522$1,086
32 years$23,526$16,447$11,246$7,550$4,995$921
33 years$22,565$15,575$10,501$6,943$4,521$781
34 years$21,662$14,762$9,811$6,388$4,093$663
35 years$20,812$14,001$9,173$5,881$3,707$562
36 years$20,012$13,289$8,581$5,416$3,359$477
37 years$19,256$12,622$8,032$4,990$3,044$405
38 years$18,542$11,995$7,521$4,600$2,760$343
39 years$17,867$11,406$7,047$4,241$2,503$291
40 years$17,226$10,852$6,605$3,912$2,270$247
41 years$16,619$10,330$6,193$3,609$2,060$210
42 years$16,042$9,838$5,810$3,331$1,869$178
43 years$15,493$9,374$5,451$3,075$1,696$151
44 years$14,971$8,935$5,117$2,839$1,540$128
45 years$14,473$8,520$4,805$2,622$1,398$109
46 years$13,998$8,128$4,513$2,422$1,269$92
47 years$13,545$7,757$4,240$2,237$1,152$79
48 years$13,112$7,405$3,984$2,068$1,046$67
49 years$12,698$7,071$3,745$1,911$950$57
50 years$12,302$6,755$3,521$1,766$863$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $12,600,000, adding $4,222 every year, while hoping to spend $24,246 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: 31/41/28 Blend
49$12,600,000$12,600,000$12,600,000$12,600,000
50$13,889,555$13,221,755$13,026,455$14,200,824
51$15,280,492$13,843,823$13,437,044$15,064,199
52$16,812,492$14,495,561$13,860,574$15,990,478
53$18,499,918$15,178,395$14,297,455$16,987,092
54$20,358,596$15,893,823$14,748,107$18,060,215
55$22,405,968$16,643,415$15,212,964$19,216,605
56$24,661,252$17,428,818$15,692,473$20,463,666
57$27,145,626$18,251,756$16,187,097$21,809,507
58$29,882,428$19,114,040$16,697,312$23,263,019
59$32,897,373$20,017,565$17,223,610$24,833,943
60$36,218,801$20,964,322$17,766,497$26,532,965
61$39,877,941$21,956,396$18,326,497$28,371,799
62$43,909,205$22,995,974$18,904,149$30,363,300
63$48,350,515$24,085,347$19,500,009$32,521,569
64$53,243,659$25,226,921$20,114,651$34,862,081
65$58,634,688$26,423,216$20,748,667$37,401,825
66$64,574,348$27,676,875$21,402,669$40,159,449
67$71,118,558$28,990,669$22,077,286$43,155,432
68$78,328,944$30,367,504$22,773,167$46,412,263
69$86,273,412$31,810,428$23,490,984$49,954,645
70$95,026,795$33,322,634$24,231,428$53,809,717
71$104,671,559$34,907,474$24,995,211$58,007,298
72$115,298,578$36,568,460$25,783,070$62,580,157
73$127,007,994$38,309,276$26,595,764$67,564,307
74$139,910,163$40,133,783$27,434,076$72,999,338
75$154,126,694$42,046,034$28,298,812$78,928,768
76$169,791,601$44,050,274$29,190,807$85,400,447
77$187,052,565$46,150,957$30,110,919$92,466,990
78$206,072,326$48,352,754$31,060,034$100,186,258
79$227,030,226$50,660,561$32,039,068$108,621,887
80$250,123,894$53,079,514$33,048,962$117,843,876
81$275,571,120$55,614,999$34,090,691$127,929,221
82$303,611,902$58,272,662$35,165,257$138,962,631
83$334,510,718$61,058,424$36,273,695$151,037,303
84$368,559,022$63,978,497$37,417,074$164,255,784
85$406,077,991$67,039,392$38,596,495$178,730,913
86$447,421,562$70,247,939$39,813,094$194,586,869
87$492,979,771$73,611,298$41,068,042$211,960,316
88$543,182,436$77,136,980$42,362,550$231,001,667
89$598,503,213$80,832,860$43,697,863$251,876,481
90$659,464,068$84,707,197$45,075,269$274,766,997
91$726,640,206$88,768,653$46,496,094$299,873,826
92$800,665,501$93,026,311$47,961,707$327,417,814
93$882,238,478$97,489,696$49,473,520$357,642,097
94$972,128,909$102,168,797$51,032,989$390,814,363
95$1,071,185,080$107,074,091$52,641,617$427,229,342
96$1,180,341,800$112,216,563$54,300,952$467,211,560
97$1,300,629,224$117,607,735$56,012,595$511,118,355
98$1,433,182,581$123,259,690$57,778,193$559,343,217
99$1,579,252,890$129,185,101$59,599,448$612,319,464
100$1,740,218,769$135,397,255$61,478,114$670,524,281