Can I retire at age 50 with 13,400,000?

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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,047,389
2 years$547,802$537,599$527,712$518,125$508,826$487,611
3 years$361,573$351,327$341,464$331,968$322,820$302,198
4 years$268,478$258,263$248,499$239,164$230,238$210,367
5 years$212,635$202,481$192,845$183,701$175,023$155,961
6 years$175,418$165,341$155,848$146,907$138,490$120,256
7 years$148,845$138,853$129,510$120,780$112,629$95,229
8 years$128,925$119,023$109,835$101,320$93,437$76,864
9 years$113,439$103,631$94,601$86,302$78,687$62,932
10 years$101,058$91,345$82,475$74,393$67,046$52,092
11 years$90,935$81,319$72,610$64,744$57,661$43,492
12 years$82,505$72,988$64,439$56,789$49,968$36,563
13 years$75,377$65,960$57,572$50,137$43,573$30,909
14 years$69,273$59,956$51,729$44,506$38,196$26,250
15 years$63,987$54,771$46,704$39,691$33,631$22,377
16 years$59,367$50,251$42,344$35,539$29,723$19,136
17 years$55,295$46,279$38,532$31,932$26,354$16,408
18 years$51,679$42,764$35,174$28,777$23,433$14,100
19 years$48,447$39,633$32,200$26,002$20,887$12,140
20 years$45,542$36,829$29,552$23,550$18,656$10,469
21 years$42,918$34,305$27,182$21,373$16,695$9,041
22 years$40,535$32,022$25,053$19,433$14,965$7,817
23 years$38,362$29,950$23,132$17,698$13,433$6,765
24 years$36,374$28,061$21,393$16,142$12,074$5,860
25 years$34,547$26,334$19,814$14,742$10,865$5,080
26 years$32,864$24,750$18,376$13,479$9,787$4,406
27 years$31,308$23,292$17,064$12,338$8,824$3,824
28 years$29,866$21,948$15,863$11,304$7,962$3,320
29 years$28,525$20,706$14,762$10,366$7,189$2,884
30 years$27,277$19,554$13,750$9,513$6,496$2,507
31 years$26,111$18,485$12,819$8,737$5,873$2,179
32 years$25,020$17,491$11,960$8,030$5,312$1,895
33 years$23,997$16,564$11,168$7,384$4,808$1,648
34 years$23,037$15,699$10,434$6,794$4,353$1,433
35 years$22,134$14,890$9,755$6,254$3,943$1,247
36 years$21,282$14,133$9,126$5,760$3,572$1,085
37 years$20,479$13,423$8,542$5,307$3,238$944
38 years$19,720$12,757$7,999$4,892$2,935$822
39 years$19,001$12,130$7,494$4,510$2,662$716
40 years$18,320$11,541$7,024$4,160$2,414$623
41 years$17,674$10,986$6,586$3,838$2,190$542
42 years$17,060$10,463$6,178$3,542$1,987$472
43 years$16,477$9,969$5,798$3,270$1,804$411
44 years$15,921$9,502$5,442$3,019$1,637$358
45 years$15,392$9,061$5,110$2,788$1,486$312
46 years$14,887$8,644$4,799$2,576$1,350$272
47 years$14,405$8,249$4,509$2,380$1,225$236
48 years$13,945$7,875$4,237$2,199$1,113$206
49 years$13,504$7,520$3,983$2,032$1,011$179
50 years$13,083$7,184$3,744$1,878$918$156

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $13,400,000, adding $2,861 every year, while hoping to spend $24,089 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: 45/32/23 Blend
49$13,400,000$13,400,000$13,400,000$13,400,000
50$14,769,751$14,059,551$13,851,851$15,336,280
51$16,250,635$14,722,839$14,290,258$16,399,494
52$17,881,762$15,417,820$14,742,543$17,549,228
53$19,678,431$16,146,022$15,209,148$18,795,611
54$21,657,502$16,909,048$15,690,525$20,147,649
55$23,837,551$17,708,575$16,187,141$21,615,231
56$26,239,051$18,546,366$16,699,481$23,209,213
57$28,884,562$19,424,265$17,228,041$24,941,522
58$31,798,942$20,344,209$17,773,335$26,825,257
59$35,009,586$21,308,227$18,335,894$28,874,809
60$38,546,681$22,318,447$18,916,263$31,105,994
61$42,443,492$23,377,101$19,515,008$33,536,190
62$46,736,678$24,486,528$20,132,710$36,184,500
63$51,466,632$25,649,181$20,769,969$39,071,922
64$56,677,870$26,867,633$21,427,405$42,221,542
65$62,419,447$28,144,580$22,105,656$45,658,743
66$68,745,417$29,482,852$22,805,383$49,411,438
67$75,715,352$30,885,414$23,527,265$53,510,324
68$83,394,893$32,355,374$24,272,004$57,989,165
69$91,856,380$33,895,995$25,040,324$62,885,100
70$101,179,527$35,510,696$25,832,971$68,238,986
71$111,452,181$37,203,061$26,650,717$74,095,771
72$122,771,143$38,976,851$27,494,356$80,504,911
73$135,243,091$40,836,009$28,364,709$87,520,827
74$148,985,581$42,784,667$29,262,621$95,203,402
75$164,128,157$44,827,163$30,188,965$103,618,541
76$180,813,576$46,968,041$31,144,643$112,838,777
77$199,199,154$49,212,069$32,130,582$122,943,945
78$219,458,254$51,564,246$33,147,742$134,021,921
79$241,781,916$54,029,814$34,197,112$146,169,437
80$266,380,668$56,614,272$35,279,712$159,492,981
81$293,486,508$59,323,383$36,396,594$174,109,788
82$323,355,096$62,163,193$37,548,845$190,148,926
83$356,268,169$65,140,043$38,737,584$207,752,503
84$392,536,198$68,260,580$39,963,968$227,076,989
85$432,501,318$71,531,777$41,229,189$248,294,672
86$476,540,563$74,960,944$42,534,478$271,595,271
87$525,069,421$78,555,751$43,881,103$297,187,702
88$578,545,756$82,324,237$45,270,375$325,302,029
89$637,474,134$86,274,836$46,703,643$356,191,620
90$702,410,583$90,416,390$48,182,302$390,135,509
91$773,967,844$94,758,174$49,707,791$427,441,008
92$852,821,153$99,309,914$51,281,591$468,446,586
93$939,714,621$104,081,810$52,905,235$513,525,034
94$1,035,468,253$109,084,559$54,580,300$563,086,960
95$1,140,985,691$114,329,379$56,308,416$617,584,633
96$1,257,262,747$119,828,034$58,091,264$677,516,225
97$1,385,396,804$125,592,864$59,930,578$743,430,482
98$1,526,597,172$131,636,809$61,828,147$815,931,870
99$1,682,196,509$137,973,438$63,785,815$895,686,249
100$1,853,663,401$144,616,984$65,805,488$983,427,120