Can I retire at age 50 with 12,700,000?

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 $12,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$1,048,754$1,039,412$1,030,298$1,021,402$1,012,716$983,451
2 years$519,185$509,516$500,145$491,059$482,246$452,995
3 years$342,685$332,974$323,627$314,626$305,956$277,635
4 years$254,453$244,771$235,517$226,670$218,211$191,037
5 years$201,527$191,904$182,771$174,105$165,880$139,928
6 years$166,255$156,704$147,706$139,233$131,255$106,548
7 years$141,070$131,600$122,745$114,471$106,746$83,284
8 years$122,190$112,805$104,097$96,027$88,556$66,325
9 years$107,513$98,217$89,659$81,794$74,577$53,555
10 years$95,779$86,574$78,167$70,507$63,543$43,702
11 years$86,184$77,071$68,817$61,362$54,649$35,956
12 years$78,195$69,175$61,073$53,823$47,358$29,776
13 years$71,439$62,514$54,565$47,517$41,297$24,787
14 years$65,654$56,824$49,027$42,181$36,201$20,721
15 years$60,645$51,909$44,264$37,618$31,874$17,383
16 years$56,266$47,626$40,132$33,683$28,170$14,623
17 years$52,406$43,862$36,519$30,264$24,978$12,331
18 years$48,979$40,530$33,337$27,274$22,209$10,419
19 years$45,916$37,563$30,518$24,644$19,795$8,818
20 years$43,163$34,905$28,008$22,320$17,682$7,473
21 years$40,676$32,513$25,762$20,257$15,823$6,341
22 years$38,417$30,350$23,744$18,418$14,183$5,385
23 years$36,358$28,385$21,923$16,774$12,732$4,577
24 years$34,474$26,595$20,275$15,299$11,443$3,893
25 years$32,743$24,958$18,779$13,972$10,297$3,314
26 years$31,147$23,457$17,417$12,775$9,276$2,822
27 years$29,672$22,076$16,173$11,693$8,363$2,404
28 years$28,306$20,802$15,035$10,713$7,546$2,048
29 years$27,035$19,624$13,991$9,824$6,814$1,746
30 years$25,852$18,533$13,032$9,016$6,157$1,489
31 years$24,747$17,520$12,150$8,281$5,566$1,270
32 years$23,713$16,577$11,336$7,610$5,035$1,083
33 years$22,744$15,699$10,584$6,998$4,557$924
34 years$21,834$14,879$9,889$6,439$4,126$789
35 years$20,977$14,112$9,246$5,927$3,737$673
36 years$20,171$13,395$8,649$5,459$3,386$574
37 years$19,409$12,722$8,095$5,030$3,068$490
38 years$18,689$12,090$7,581$4,636$2,782$418
39 years$18,008$11,497$7,103$4,275$2,523$357
40 years$17,363$10,938$6,657$3,943$2,288$305
41 years$16,751$10,412$6,242$3,638$2,076$260
42 years$16,169$9,916$5,856$3,357$1,884$222
43 years$15,616$9,448$5,495$3,099$1,710$190
44 years$15,089$9,006$5,158$2,861$1,552$162
45 years$14,588$8,588$4,843$2,643$1,409$138
46 years$14,109$8,193$4,549$2,441$1,279$118
47 years$13,653$7,818$4,273$2,255$1,161$101
48 years$13,216$7,464$4,016$2,084$1,055$86
49 years$12,799$7,127$3,775$1,926$958$74
50 years$12,400$6,808$3,549$1,780$870$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $12,700,000, adding $2,298 every year, while hoping to spend $40,207 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: 67/17/16 Blend
49$12,700,000$12,700,000$12,700,000$12,700,000
50$13,997,770$13,324,670$13,127,820$14,881,924
51$15,382,763$13,934,799$13,524,822$16,082,676
52$16,907,677$14,573,477$13,933,776$17,390,212
53$18,586,743$15,242,060$14,355,040$18,818,936
54$20,435,639$15,941,969$14,788,983$20,380,739
55$22,471,644$16,674,696$15,235,984$22,088,707
56$24,713,796$17,441,800$15,696,433$23,957,241
57$27,183,074$18,244,919$16,170,734$26,002,187
58$29,902,595$19,085,767$16,659,301$28,240,989
59$32,897,833$19,966,143$17,162,561$30,692,846
60$36,196,858$20,887,930$17,680,953$33,378,894
61$39,830,602$21,853,103$18,214,929$36,322,396
62$43,833,150$22,863,732$18,764,956$39,548,966
63$48,242,063$23,921,986$19,331,514$43,086,803
64$53,098,730$25,030,140$19,915,096$46,966,953
65$58,448,760$26,190,576$20,516,211$51,223,601
66$64,342,412$27,405,794$21,135,384$55,894,387
67$70,835,072$28,678,412$21,773,153$61,020,761
68$77,987,770$30,011,174$22,430,074$66,648,365
69$85,867,759$31,406,958$23,106,718$72,827,464
70$94,549,153$32,868,781$23,803,675$79,613,413
71$104,113,619$34,399,805$24,521,551$87,067,176
72$114,651,155$36,003,342$25,260,970$95,255,895
73$126,260,936$37,682,868$26,022,575$104,253,521
74$139,052,247$39,442,025$26,807,028$114,141,504
75$153,145,523$41,284,631$27,615,009$125,009,559
76$168,673,476$43,214,687$28,447,222$136,956,502
77$185,782,354$45,236,390$29,304,387$150,091,182
78$204,633,319$47,354,139$30,187,250$164,533,499
79$225,403,970$49,572,544$31,096,574$180,415,531
80$248,290,015$51,896,439$32,033,150$197,882,770
81$273,507,125$54,330,892$32,997,789$217,095,491
82$301,292,963$56,881,217$33,991,326$238,230,258
83$331,909,432$59,552,984$35,014,622$261,481,579
84$365,645,145$62,352,031$36,068,564$287,063,738
85$402,818,151$65,284,482$37,154,062$315,212,804
86$443,778,936$68,356,755$38,272,056$346,188,857
87$488,913,731$71,575,579$39,423,513$380,278,427
88$538,648,158$74,948,010$40,609,428$417,797,190
89$593,451,253$78,481,444$41,830,826$459,092,943
90$653,839,883$82,183,638$43,088,761$504,548,868
91$720,383,637$86,062,722$44,384,321$554,587,145
92$793,710,195$90,127,222$45,718,622$609,672,920
93$874,511,256$94,386,077$47,092,817$670,318,687
94$963,549,067$98,848,657$48,508,089$737,089,113
95$1,061,663,621$103,524,791$49,965,660$810,606,351
96$1,169,780,585$108,424,781$51,466,784$891,555,905
97$1,288,920,039$113,559,429$53,012,755$980,693,079
98$1,420,206,105$118,940,063$54,604,904$1,078,850,099
99$1,564,877,560$124,578,559$56,244,601$1,186,943,950
100$1,724,299,533$130,487,370$57,933,257$1,305,985,013