Can I retire at age 50 with 9,000,000?

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 $9,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$743,212$736,591$730,133$723,828$717,673$702,321
2 years$367,927$361,074$354,433$347,994$341,749$326,357
3 years$242,848$235,966$229,342$222,963$216,820$201,868
4 years$180,321$173,460$166,902$160,633$154,638$140,242
5 years$142,814$135,995$129,523$123,381$117,553$103,754
6 years$117,818$111,050$104,674$98,669$93,016$79,827
7 years$99,971$93,260$86,984$81,121$75,647$63,071
8 years$86,591$79,941$73,770$68,051$62,756$50,790
9 years$76,191$69,603$63,538$57,964$52,850$41,484
10 years$67,875$61,351$55,394$49,966$45,031$34,254
11 years$61,076$54,618$48,768$43,485$38,728$28,527
12 years$55,414$49,022$43,280$38,142$33,561$23,920
13 years$50,626$44,301$38,668$33,674$29,266$20,167
14 years$46,527$40,269$34,743$29,892$25,654$17,081
15 years$42,977$36,786$31,369$26,658$22,588$14,520
16 years$39,873$33,751$28,440$23,870$19,963$12,382
17 years$37,138$31,083$25,879$21,447$17,701$10,586
18 years$34,710$28,722$23,625$19,328$15,739$9,071
19 years$32,539$26,619$21,627$17,464$14,028$7,787
20 years$30,588$24,736$19,848$15,817$12,530$6,695
21 years$28,825$23,041$18,257$14,355$11,213$5,764
22 years$27,225$21,508$16,826$13,052$10,051$4,968
23 years$25,766$20,116$15,536$11,887$9,022$4,286
24 years$24,430$18,847$14,368$10,841$8,110$3,701
25 years$23,203$17,687$13,308$9,901$7,297$3,198
26 years$22,073$16,623$12,342$9,053$6,573$2,765
27 years$21,028$15,644$11,461$8,286$5,926$2,392
28 years$20,059$14,741$10,654$7,592$5,347$2,070
29 years$19,159$13,907$9,915$6,962$4,829$1,793
30 years$18,320$13,133$9,235$6,390$4,363$1,553
31 years$17,537$12,416$8,610$5,868$3,944$1,345
32 years$16,804$11,748$8,033$5,393$3,568$1,166
33 years$16,118$11,125$7,501$4,959$3,229$1,011
34 years$15,473$10,544$7,008$4,563$2,924$876
35 years$14,866$10,001$6,552$4,201$2,648$760
36 years$14,294$9,492$6,129$3,869$2,399$659
37 years$13,754$9,016$5,737$3,564$2,175$571
38 years$13,244$8,568$5,372$3,285$1,971$496
39 years$12,762$8,147$5,033$3,029$1,788$430
40 years$12,304$7,752$4,718$2,794$1,622$373
41 years$11,870$7,379$4,424$2,578$1,471$324
42 years$11,458$7,027$4,150$2,379$1,335$281
43 years$11,066$6,696$3,894$2,196$1,211$244
44 years$10,693$6,382$3,655$2,028$1,100$212
45 years$10,338$6,086$3,432$1,873$998$184
46 years$9,999$5,806$3,223$1,730$906$159
47 years$9,675$5,541$3,028$1,598$823$138
48 years$9,366$5,289$2,846$1,477$747$120
49 years$9,070$5,051$2,675$1,365$679$104
50 years$8,787$4,825$2,515$1,262$617$90

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $9,000,000, adding $3,826 every year, while hoping to spend $26,062 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: 79/16/5 Blend
49$9,000,000$9,000,000$9,000,000$9,000,000
50$9,921,947$9,444,947$9,305,447$10,703,591
51$10,906,255$9,880,019$9,589,449$11,651,063
52$11,990,090$10,335,537$9,882,093$12,686,283
53$13,183,575$10,812,474$10,183,638$13,821,020
54$14,497,866$11,311,851$10,494,357$15,065,171
55$15,945,256$11,834,740$10,814,525$16,429,633
56$17,539,291$12,382,261$11,144,431$17,926,400
57$19,294,898$12,955,591$11,484,368$19,568,682
58$21,228,524$13,555,961$11,834,641$21,371,020
59$23,358,295$14,184,665$12,195,563$23,349,426
60$25,704,183$14,843,055$12,567,456$25,521,532
61$28,288,197$15,532,552$12,950,653$27,906,753
62$31,134,589$16,254,643$13,345,496$30,526,472
63$34,270,084$17,010,888$13,752,338$33,404,234
64$37,724,133$17,802,922$14,171,541$36,565,971
65$41,529,187$18,632,458$14,603,481$40,040,243
66$45,721,009$19,501,293$15,048,542$43,858,505
67$50,339,006$20,411,310$15,507,122$48,055,400
68$55,426,603$21,364,483$15,979,629$52,669,087
69$61,031,656$22,362,882$16,466,486$57,741,597
70$67,206,897$23,408,676$16,968,126$63,319,224
71$74,010,438$24,504,139$17,484,996$69,452,965
72$81,506,317$25,651,655$18,017,557$76,198,992
73$89,765,099$26,853,724$18,566,283$83,619,185
74$98,864,550$28,112,967$19,131,664$91,781,707
75$108,890,361$29,432,130$19,714,202$100,761,650
76$119,936,967$30,814,093$20,314,417$110,641,734
77$132,108,430$32,261,876$20,932,842$121,513,090
78$145,519,425$33,778,644$21,570,028$133,476,112
79$160,296,325$35,367,715$22,226,541$146,641,402
80$176,578,386$37,032,569$22,902,967$161,130,810
81$194,519,070$38,776,854$23,599,905$177,078,579
82$214,287,490$40,604,394$24,317,976$194,632,610
83$236,070,003$42,519,199$25,057,818$213,955,849
84$260,071,977$44,525,473$25,820,088$235,227,822
85$286,519,721$46,627,624$26,605,463$258,646,328
86$315,662,627$48,830,272$27,414,642$284,429,292
87$347,775,524$51,138,264$28,248,341$312,816,825
88$383,161,268$53,556,680$29,107,301$344,073,481
89$422,153,607$56,090,847$29,992,285$378,490,745
90$465,120,326$58,746,349$30,904,077$416,389,783
91$512,466,722$61,529,043$31,843,487$458,124,463
92$564,639,430$64,445,069$32,811,346$504,084,692
93$622,130,639$67,500,864$33,808,513$554,700,083
94$685,482,738$70,703,181$34,835,873$610,444,008
95$755,293,437$74,059,096$35,894,334$671,838,058
96$832,221,408$77,576,032$36,984,834$739,456,953
97$916,992,505$81,261,771$38,108,340$813,933,964
98$1,010,406,616$85,124,474$39,265,845$895,966,879
99$1,113,345,214$89,172,696$40,458,374$986,324,579
100$1,226,779,679$93,415,411$41,686,982$1,085,854,290