Can I retire at age 50 with 7,700,000?

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 $7,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$635,859$630,195$624,669$619,275$614,009$604,584
2 years$314,782$308,919$303,237$297,729$292,385$282,912
3 years$207,770$201,882$196,215$190,758$185,501$176,275
4 years$154,274$148,405$142,794$137,430$132,301$123,393
5 years$122,186$116,351$110,814$105,559$100,573$92,009
6 years$100,800$95,009$89,554$84,417$79,580$71,370
7 years$85,531$79,789$74,420$69,404$64,720$56,866
8 years$74,084$68,394$63,114$58,221$53,691$46,193
9 years$65,185$59,549$54,360$49,591$45,216$38,069
10 years$58,071$52,490$47,392$42,748$38,526$31,725
11 years$52,254$46,728$41,723$37,204$33,134$26,671
12 years$47,409$41,941$37,029$32,633$28,713$22,582
13 years$43,314$37,902$33,083$28,810$25,038$19,229
14 years$39,806$34,452$29,725$25,574$21,948$16,452
15 years$36,769$31,473$26,838$22,808$19,325$14,131
16 years$34,114$28,876$24,332$20,422$17,080$12,178
17 years$31,774$26,593$22,141$18,349$15,144$10,524
18 years$29,696$24,573$20,212$16,536$13,465$9,117
19 years$27,839$22,774$18,503$14,942$12,002$7,913
20 years$26,170$21,163$16,981$13,533$10,720$6,881
21 years$24,662$19,713$15,620$12,282$9,594$5,992
22 years$23,292$18,401$14,396$11,167$8,599$5,224
23 years$22,044$17,210$13,292$10,170$7,719$4,560
24 years$20,901$16,125$12,293$9,275$6,938$3,984
25 years$19,852$15,132$11,386$8,471$6,243$3,484
26 years$18,885$14,222$10,560$7,745$5,624$3,049
27 years$17,990$13,384$9,806$7,090$5,070$2,669
28 years$17,162$12,612$9,116$6,496$4,575$2,339
29 years$16,391$11,898$8,483$5,957$4,131$2,050
30 years$15,674$11,236$7,901$5,467$3,733$1,798
31 years$15,004$10,622$7,366$5,021$3,375$1,577
32 years$14,377$10,051$6,873$4,614$3,053$1,384
33 years$13,790$9,518$6,417$4,243$2,763$1,215
34 years$13,238$9,021$5,996$3,904$2,501$1,066
35 years$12,719$8,556$5,606$3,594$2,266$936
36 years$12,229$8,121$5,244$3,310$2,053$822
37 years$11,768$7,713$4,908$3,050$1,860$722
38 years$11,331$7,330$4,596$2,811$1,687$635
39 years$10,918$6,970$4,306$2,592$1,529$558
40 years$10,527$6,632$4,036$2,391$1,387$490
41 years$10,156$6,313$3,785$2,206$1,259$431
42 years$9,803$6,012$3,550$2,035$1,142$379
43 years$9,468$5,728$3,331$1,879$1,036$333
44 years$9,149$5,460$3,127$1,735$941$293
45 years$8,845$5,207$2,936$1,602$854$257
46 years$8,554$4,967$2,758$1,480$775$226
47 years$8,278$4,740$2,591$1,367$704$199
48 years$8,013$4,525$2,435$1,263$639$175
49 years$7,760$4,321$2,289$1,168$581$154
50 years$7,518$4,128$2,152$1,079$528$135

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $7,700,000, adding $5,369 every year, while hoping to spend $22,992 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: 47/40/13 Blend
49$7,700,000$7,700,000$7,700,000$7,700,000
50$8,490,938$8,082,838$7,963,488$8,858,892
51$9,332,551$8,454,434$8,205,802$9,485,431
52$10,259,237$8,843,467$8,455,462$10,162,236
53$11,279,650$9,250,768$8,712,691$10,896,269
54$12,403,326$9,677,207$8,977,718$11,692,866
55$13,640,771$10,123,696$9,250,777$12,557,883
56$15,003,562$10,591,190$9,532,111$13,497,749
57$16,504,459$11,080,692$9,821,970$14,519,527
58$18,157,519$11,593,251$10,120,611$15,630,974
59$19,978,234$12,129,968$10,428,300$16,840,609
60$21,983,674$12,691,997$10,745,308$18,157,797
61$24,192,650$13,280,546$11,071,917$19,592,824
62$26,625,891$13,896,883$11,408,417$21,156,998
63$29,306,238$14,542,337$11,755,106$22,862,747
64$32,258,863$15,218,301$12,112,290$24,723,734
65$35,511,503$15,926,233$12,480,287$26,754,979
66$39,094,722$16,667,664$12,859,423$28,973,001
67$43,042,203$17,444,198$13,250,032$31,395,961
68$47,391,060$18,257,517$13,652,462$34,043,836
69$52,182,196$19,109,383$14,067,067$36,938,598
70$57,460,681$20,001,644$14,494,214$40,104,415
71$63,276,182$20,936,236$14,934,282$43,567,876
72$69,683,431$21,915,190$15,387,659$47,358,233
73$76,742,742$22,940,635$15,854,747$51,507,670
74$84,520,578$24,014,803$16,335,957$56,051,606
75$93,090,180$25,140,032$16,831,715$61,029,013
76$102,532,260$26,318,775$17,342,459$66,482,782
77$112,935,759$27,553,603$17,868,640$72,460,119
78$124,398,689$28,847,212$18,410,721$79,012,983
79$137,029,057$30,202,427$18,969,182$86,198,564
80$150,945,886$31,622,212$19,544,516$94,079,819
81$166,280,338$33,109,671$20,137,228$102,726,053
82$183,176,950$34,668,063$20,747,843$112,213,565
83$201,795,001$36,300,800$21,376,898$122,626,356
84$222,310,014$38,011,462$22,024,947$134,056,914
85$244,915,414$39,803,802$22,692,561$146,607,073
86$269,824,353$41,681,755$23,380,329$160,388,962
87$297,271,722$43,649,446$24,088,855$175,526,053
88$327,516,370$45,711,201$24,818,763$192,154,314
89$360,843,543$47,871,554$25,570,695$210,423,475
90$397,567,584$50,135,259$26,345,313$230,498,429
91$438,034,895$52,507,304$27,143,298$252,560,777
92$482,627,206$54,992,914$27,965,351$276,810,519
93$531,765,185$57,597,571$28,812,194$303,467,933
94$585,912,403$60,327,021$29,684,572$332,775,633
95$645,579,714$63,187,290$30,583,250$365,000,841
96$711,330,073$66,184,696$31,509,018$400,437,892
97$783,783,858$69,325,864$32,462,687$439,410,993
98$863,624,720$72,617,739$33,445,095$482,277,262
99$951,606,039$76,067,606$34,457,104$529,430,077
100$1,048,558,038$79,683,102$35,499,600$581,302,767