Can I retire at age 50 with 12,900,000?

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 $12,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$1,065,270$1,055,781$1,046,523$1,037,487$1,028,664$992,166
2 years$527,361$517,540$508,021$498,792$489,840$453,458
3 years$348,082$338,218$328,723$319,581$310,775$275,652
4 years$258,460$248,626$239,226$230,240$221,647$188,052
5 years$204,701$194,926$185,649$176,846$168,493$136,513
6 years$168,873$159,172$150,032$141,425$133,322$102,983
7 years$143,292$133,672$124,678$116,274$108,427$79,721
8 years$124,114$114,582$105,736$97,539$89,951$62,854
9 years$109,207$99,764$91,071$83,082$75,751$50,229
10 years$97,287$87,937$79,398$71,617$64,544$40,552
11 years$87,542$78,285$69,900$62,328$55,510$32,999
12 years$79,426$70,265$62,035$54,670$48,104$27,021
13 years$72,564$63,499$55,424$48,266$41,947$22,235
14 years$66,688$57,718$49,799$42,845$36,771$18,370
15 years$61,600$52,727$44,962$38,210$32,376$15,226
16 years$57,152$48,376$40,764$34,213$28,614$12,653
17 years$53,231$44,552$37,094$30,740$25,371$10,537
18 years$49,750$41,168$33,862$27,703$22,559$8,791
19 years$46,639$38,154$30,999$25,032$20,107$7,345
20 years$43,843$35,455$28,449$22,671$17,960$6,145
21 years$41,316$33,025$26,168$20,576$16,072$5,145
22 years$39,022$30,828$24,118$18,708$14,407$4,312
23 years$36,931$28,832$22,268$17,038$12,932$3,617
24 years$35,017$27,014$20,595$15,539$11,624$3,035
25 years$33,258$25,351$19,075$14,192$10,460$2,548
26 years$31,638$23,826$17,691$12,976$9,422$2,140
27 years$30,140$22,423$16,427$11,877$8,494$1,798
28 years$28,751$21,129$15,271$10,882$7,665$1,511
29 years$27,461$19,933$14,211$9,979$6,921$1,271
30 years$26,259$18,825$13,237$9,158$6,254$1,068
31 years$25,136$17,796$12,341$8,411$5,654$899
32 years$24,086$16,838$11,514$7,730$5,114$756
33 years$23,102$15,946$10,751$7,108$4,628$636
34 years$22,178$15,113$10,045$6,540$4,190$535
35 years$21,308$14,335$9,391$6,021$3,795$450
36 years$20,488$13,606$8,785$5,545$3,439$379
37 years$19,715$12,922$8,223$5,109$3,117$319
38 years$18,984$12,281$7,700$4,709$2,826$268
39 years$18,292$11,678$7,214$4,342$2,562$226
40 years$17,636$11,111$6,762$4,005$2,324$190
41 years$17,014$10,576$6,341$3,695$2,109$160
42 years$16,424$10,072$5,948$3,410$1,913$135
43 years$15,862$9,597$5,581$3,148$1,736$113
44 years$15,327$9,148$5,239$2,907$1,576$95
45 years$14,817$8,723$4,919$2,684$1,431$80
46 years$14,332$8,322$4,620$2,479$1,299$68
47 years$13,868$7,941$4,341$2,291$1,180$57
48 years$13,424$7,581$4,079$2,117$1,071$48
49 years$13,001$7,240$3,834$1,956$973$40
50 years$12,595$6,916$3,605$1,808$884$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $12,900,000, adding $5,144 every year, while hoping to spend $40,044 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: 65/11/24 Blend
49$12,900,000$12,900,000$12,900,000$12,900,000
50$14,221,106$13,537,406$13,337,456$15,056,459
51$15,629,052$14,158,132$13,741,654$16,240,674
52$17,179,267$14,807,932$14,158,051$17,529,463
53$18,886,219$15,488,188$14,587,013$18,937,158
54$20,765,853$16,200,348$15,028,917$20,475,439
55$22,835,736$16,945,931$15,484,152$22,157,163
56$25,115,227$17,726,529$15,953,117$23,996,480
57$27,625,660$18,543,808$16,436,226$26,008,964
58$30,390,540$19,399,517$16,933,903$28,211,760
59$33,435,771$20,295,489$17,446,584$30,623,743
60$36,789,895$21,233,643$17,974,720$33,265,692
61$40,484,365$22,215,993$18,518,774$36,160,483
62$44,553,841$23,244,648$19,079,224$39,333,305
63$49,036,516$24,321,818$19,656,561$42,811,893
64$53,974,477$25,449,824$20,251,291$46,626,787
65$59,414,101$26,631,092$20,863,937$50,811,617
66$65,406,494$27,868,171$21,495,034$55,403,418
67$72,007,975$29,163,730$22,145,137$60,442,975
68$79,280,603$30,520,567$22,814,813$65,975,206
69$87,292,764$31,941,615$23,504,649$72,049,580
70$96,119,821$33,429,949$24,215,249$78,720,584
71$105,844,818$34,988,791$24,947,236$86,048,229
72$116,559,269$36,621,522$25,701,248$94,098,615
73$128,364,020$38,331,682$26,477,945$102,944,551
74$141,370,201$40,122,985$27,278,007$112,666,235
75$155,700,273$41,999,322$28,102,131$123,352,011
76$171,489,187$43,964,775$28,951,039$135,099,191
77$188,885,656$46,023,621$29,825,470$148,014,979
78$208,053,558$48,180,345$30,726,190$162,217,466
79$229,173,487$50,439,647$31,653,982$177,836,748
80$252,444,449$52,806,457$32,609,658$195,016,146
81$278,085,751$55,285,941$33,594,049$213,913,549
82$306,339,062$57,883,517$34,608,015$234,702,906
83$337,470,701$60,604,864$35,652,438$257,575,854
84$371,774,147$63,455,936$36,728,228$282,743,525
85$409,572,809$66,442,976$37,836,323$310,438,531
86$451,223,082$69,572,528$38,977,686$340,917,151
87$497,117,709$72,851,455$40,153,312$374,461,747
88$547,689,489$76,286,950$41,364,221$411,383,416
89$603,415,363$79,886,556$42,611,468$452,024,922
90$664,820,914$83,658,182$43,896,137$496,763,923
91$732,485,333$87,610,118$45,219,343$546,016,527
92$807,046,882$91,751,059$46,582,236$600,241,210
93$889,208,923$96,090,120$47,986,000$659,943,135
94$979,746,554$100,636,857$49,431,852$725,678,911
95$1,079,513,931$105,401,291$50,921,047$798,061,837
96$1,189,452,327$110,393,930$52,454,878$877,767,681
97$1,310,599,020$115,625,788$54,034,672$965,541,046
98$1,444,097,087$121,108,419$55,661,801$1,062,202,390
99$1,591,206,192$126,853,933$57,337,672$1,168,655,759
100$1,753,314,477$132,875,029$59,063,738$1,285,897,306