Can I retire at age 50 with 8,100,000?

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 $8,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$668,890$662,932$657,119$651,446$645,905$638,894
2 years$331,134$324,967$318,990$313,195$307,574$300,515
3 years$218,563$212,369$206,408$200,667$195,138$188,249
4 years$162,289$156,114$150,212$144,569$139,174$132,509
5 years$128,533$122,395$116,571$111,043$105,798$99,377
6 years$106,036$99,945$94,206$88,802$83,714$77,544
7 years$89,974$83,934$78,286$73,009$68,082$62,166
8 years$77,932$71,947$66,393$61,245$56,481$50,818
9 years$68,572$62,642$57,184$52,168$47,565$42,154
10 years$61,087$55,216$49,854$44,969$40,528$35,365
11 years$54,968$49,156$43,891$39,136$34,855$29,936
12 years$49,872$44,120$38,952$34,328$30,205$25,524
13 years$45,564$39,871$34,801$30,306$26,339$21,891
14 years$41,874$36,242$31,269$26,903$23,089$18,867
15 years$38,679$33,108$28,232$23,992$20,329$16,328
16 years$35,886$30,376$25,596$21,483$17,967$14,179
17 years$33,424$27,975$23,291$19,302$15,931$12,349
18 years$31,239$25,850$21,262$17,395$14,165$10,782
19 years$29,285$23,957$19,464$15,718$12,625$9,434
20 years$27,529$22,262$17,863$14,236$11,277$8,270
21 years$25,943$20,737$16,431$12,920$10,092$7,261
22 years$24,502$19,357$15,144$11,747$9,046$6,384
23 years$23,189$18,104$13,983$10,698$8,120$5,620
24 years$21,987$16,962$12,931$9,757$7,299$4,952
25 years$20,883$15,918$11,977$8,911$6,568$4,368
26 years$19,866$14,961$11,108$8,148$5,916$3,856
27 years$18,925$14,080$10,315$7,458$5,334$3,406
28 years$18,053$13,267$9,589$6,833$4,813$3,011
29 years$17,243$12,516$8,923$6,266$4,346$2,663
30 years$16,488$11,820$8,312$5,751$3,927$2,356
31 years$15,783$11,174$7,749$5,281$3,550$2,086
32 years$15,124$10,573$7,230$4,854$3,211$1,847
33 years$14,506$10,013$6,751$4,463$2,906$1,636
34 years$13,925$9,490$6,307$4,107$2,631$1,450
35 years$13,379$9,001$5,897$3,781$2,383$1,285
36 years$12,865$8,543$5,516$3,482$2,159$1,139
37 years$12,379$8,114$5,163$3,208$1,957$1,010
38 years$11,920$7,711$4,835$2,957$1,774$896
39 years$11,486$7,333$4,530$2,726$1,609$794
40 years$11,074$6,976$4,246$2,515$1,459$705
41 years$10,683$6,641$3,981$2,320$1,324$625
42 years$10,312$6,325$3,735$2,141$1,201$555
43 years$9,960$6,026$3,504$1,977$1,090$492
44 years$9,624$5,744$3,290$1,825$990$437
45 years$9,304$5,477$3,089$1,685$898$388
46 years$8,999$5,225$2,901$1,557$816$344
47 years$8,708$4,987$2,726$1,438$741$306
48 years$8,429$4,760$2,561$1,329$673$271
49 years$8,163$4,546$2,407$1,228$611$241
50 years$7,908$4,342$2,263$1,135$555$214

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $8,100,000, adding $6,728 every year, while hoping to spend $59,383 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: 61/33/6 Blend
49$8,100,000$8,100,000$8,100,000$8,100,000
50$8,933,140$8,503,840$8,378,290$9,467,789
51$9,781,137$8,857,345$8,595,780$10,179,327
52$10,713,640$9,226,182$8,818,565$10,947,829
53$11,739,205$9,611,038$9,046,761$11,784,776
54$12,867,260$10,012,635$9,280,483$12,696,761
55$14,108,192$10,431,726$9,519,851$13,691,036
56$15,473,446$10,869,099$9,764,985$14,775,575
57$16,975,632$11,325,580$10,016,006$15,959,147
58$18,628,644$11,802,030$10,273,040$17,251,399
59$20,447,790$12,299,354$10,536,211$18,662,942
60$22,449,938$12,818,496$10,805,647$20,205,450
61$24,653,674$13,360,445$11,081,479$21,891,768
62$27,079,478$13,926,235$11,363,837$23,736,028
63$29,749,914$14,516,950$11,652,855$25,753,783
64$32,689,846$15,133,722$11,948,667$27,962,148
65$35,926,674$15,777,737$12,251,410$30,379,960
66$39,490,585$16,450,237$12,561,223$33,027,950
67$43,414,846$17,152,520$12,878,245$35,928,939
68$47,736,112$17,885,945$13,202,619$39,108,048
69$52,494,776$18,651,937$13,534,487$42,592,931
70$57,735,345$19,451,984$13,873,994$46,414,031
71$63,506,864$20,287,645$14,221,287$50,604,867
72$69,863,378$21,160,553$14,576,514$55,202,342
73$76,864,439$22,072,417$14,939,823$60,247,090
74$84,575,670$23,025,023$15,311,365$65,783,854
75$93,069,385$24,020,246$15,691,293$71,861,901
76$102,425,269$25,060,046$16,079,758$78,535,487
77$112,731,132$26,146,473$16,476,916$85,864,358
78$124,083,736$27,281,679$16,882,921$93,914,314
79$136,589,707$28,467,911$17,297,928$102,757,820
80$150,366,544$29,707,525$17,722,096$112,474,686
81$165,543,726$31,002,988$18,155,580$123,152,816
82$182,263,933$32,356,883$18,598,540$134,889,025
83$200,684,397$33,771,912$19,051,134$147,789,954
84$220,978,379$35,250,909$19,513,520$161,973,063
85$243,336,808$36,796,838$19,985,857$177,567,735
86$267,970,084$38,412,805$20,468,305$194,716,491
87$295,110,061$40,102,061$20,961,022$213,576,324
88$325,012,238$41,868,012$21,464,166$234,320,173
89$357,958,166$43,714,225$21,977,896$257,138,548
90$394,258,111$45,644,434$22,502,367$282,241,320
91$434,253,979$47,662,552$23,037,738$309,859,690
92$478,322,545$49,772,677$23,584,162$340,248,360
93$526,879,006$51,979,099$24,141,792$373,687,931
94$580,380,904$54,286,315$24,710,782$410,487,537
95$639,332,443$56,699,031$25,291,280$450,987,755
96$704,289,249$59,222,180$25,883,435$495,563,803
97$775,863,613$61,860,928$26,487,391$544,629,075
98$854,730,274$64,620,686$27,103,290$598,639,025
99$941,632,784$67,507,121$27,731,273$658,095,457
100$1,037,390,531$70,526,173$28,371,473$723,551,242