Can I retire at age 50 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,053,435
2 years$543,714$533,587$523,774$514,258$505,029$497,843
3 years$358,875$348,705$338,916$329,490$320,411$313,387
4 years$266,474$256,335$246,644$237,379$228,520$221,711
5 years$211,048$200,970$191,406$182,330$173,717$167,144
6 years$174,109$164,107$154,685$145,811$137,456$131,128
7 years$147,735$137,817$128,544$119,879$111,789$105,708
8 years$127,963$118,135$109,015$100,564$92,740$86,906
9 years$112,593$102,857$93,895$85,658$78,100$72,512
10 years$100,304$90,664$81,860$73,838$66,545$61,201
11 years$90,256$80,713$72,068$64,261$57,231$52,126
12 years$81,889$72,443$63,958$56,366$49,595$44,725
13 years$74,814$65,468$57,143$49,762$43,248$38,607
14 years$68,756$59,508$51,343$44,173$37,911$33,494
15 years$63,510$54,362$46,356$39,395$33,380$29,181
16 years$58,924$49,876$42,028$35,274$29,501$25,515
17 years$54,882$45,934$38,244$31,693$26,158$22,377
18 years$51,293$42,445$34,912$28,562$23,258$19,677
19 years$48,086$39,338$31,960$25,808$20,731$17,341
20 years$45,202$36,554$29,331$23,374$18,517$15,313
21 years$42,597$34,049$26,979$21,214$16,571$13,545
22 years$40,232$31,783$24,866$19,288$14,853$11,999
23 years$38,076$29,726$22,959$17,566$13,333$10,643
24 years$36,102$27,852$21,233$16,021$11,984$9,451
25 years$34,289$26,137$19,666$14,632$10,784$8,401
26 years$32,619$24,565$18,239$13,378$9,714$7,474
27 years$31,074$23,119$16,937$12,246$8,758$6,655
28 years$29,643$21,784$15,745$11,220$7,902$5,930
29 years$28,312$20,551$14,652$10,289$7,136$5,287
30 years$27,073$19,408$13,648$9,442$6,447$4,716
31 years$25,916$18,347$12,723$8,672$5,829$4,209
32 years$24,833$17,360$11,871$7,970$5,273$3,758
33 years$23,818$16,441$11,084$7,329$4,772$3,357
34 years$22,865$15,582$10,356$6,743$4,320$2,999
35 years$21,968$14,779$9,683$6,208$3,913$2,681
36 years$21,123$14,028$9,058$5,717$3,546$2,397
37 years$20,326$13,323$8,478$5,267$3,213$2,143
38 years$19,572$12,662$7,939$4,855$2,913$1,917
39 years$18,859$12,040$7,438$4,477$2,642$1,715
40 years$18,183$11,455$6,972$4,129$2,396$1,534
41 years$17,542$10,904$6,537$3,810$2,174$1,373
42 years$16,933$10,385$6,132$3,516$1,973$1,229
43 years$16,354$9,895$5,754$3,245$1,790$1,100
44 years$15,802$9,432$5,401$2,997$1,625$985
45 years$15,277$8,994$5,072$2,768$1,475$882
46 years$14,776$8,580$4,764$2,556$1,339$789
47 years$14,298$8,188$4,475$2,362$1,216$707
48 years$13,841$7,816$4,205$2,182$1,105$633
49 years$13,404$7,464$3,953$2,017$1,003$567
50 years$12,985$7,130$3,716$1,864$911$508

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $13,300,000, adding $2,878 every year, while hoping to spend $36,475 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: 60/20/20 Blend
49$13,300,000$13,300,000$13,300,000$13,300,000
50$14,659,569$13,954,669$13,748,519$15,462,184
51$16,116,036$14,599,638$14,170,285$16,650,940
52$17,719,840$15,274,989$14,604,958$17,943,006
53$19,485,971$15,982,171$15,052,931$19,351,833
54$21,430,946$16,722,704$15,514,611$20,888,745
55$23,572,968$17,498,181$15,990,416$22,566,197
56$25,932,092$18,310,273$16,480,776$24,397,892
57$28,530,418$19,160,730$16,986,135$26,398,900
58$31,392,302$20,051,387$17,506,952$28,585,805
59$34,544,579$20,984,167$18,043,697$30,976,851
60$38,016,821$21,961,087$18,596,856$33,592,115
61$41,841,616$22,984,259$19,166,930$36,453,691
62$46,054,873$24,055,900$19,754,434$39,585,893
63$50,696,163$25,178,332$20,359,900$43,015,484
64$55,809,091$26,353,989$20,983,876$46,771,918
65$61,441,708$27,585,424$21,626,925$50,887,620
66$67,646,964$28,875,312$22,289,630$55,398,281
67$74,483,210$30,226,458$22,972,588$60,343,196
68$82,014,745$31,641,802$23,676,417$65,765,624
69$90,312,426$33,124,427$24,401,754$71,713,193
70$99,454,334$34,677,564$25,149,253$78,238,345
71$109,526,512$36,304,601$25,919,589$85,398,821
72$120,623,779$38,009,090$26,713,459$93,258,206
73$132,850,623$39,794,754$27,531,578$101,886,514
74$146,322,187$41,665,496$28,374,686$111,360,852
75$161,165,355$43,625,411$29,243,543$121,766,132
76$177,519,953$45,678,787$30,138,933$133,195,867
77$195,540,065$47,830,125$31,061,664$145,753,051
78$215,395,491$50,084,140$32,012,569$159,551,116
79$237,273,345$52,445,778$32,992,505$174,714,997
80$261,379,828$54,920,223$34,002,355$191,382,304
81$287,942,167$57,512,910$35,043,031$209,704,610
82$317,210,765$60,229,539$36,115,469$229,848,869
83$349,461,562$63,076,086$37,220,637$251,998,989
84$384,998,643$66,058,816$38,359,529$276,357,548
85$424,157,104$69,184,297$39,533,173$303,147,705
86$467,306,219$72,459,418$40,742,624$332,615,287
87$514,852,924$75,891,400$41,988,973$365,031,099
88$567,245,659$79,487,816$43,273,340$400,693,473
89$624,978,602$83,256,604$44,596,883$439,931,062
90$688,596,332$87,206,091$45,960,792$483,105,936
91$758,698,973$91,345,005$47,366,293$530,616,982
92$835,947,857$95,682,498$48,814,653$582,903,654
93$921,071,767$100,228,169$50,307,172$640,450,108
94$1,014,873,818$104,992,081$51,845,193$703,789,751
95$1,118,239,040$109,984,785$53,430,100$773,510,266
96$1,232,142,729$115,217,346$55,063,315$850,259,134
97$1,357,659,659$120,701,368$56,746,308$934,749,734
98$1,495,974,224$126,449,015$58,480,589$1,027,768,052
99$1,648,391,623$132,473,045$60,267,717$1,130,180,085
100$1,816,350,180$138,786,835$62,109,297$1,242,939,992