Can I retire at age 50 with 9,200,000?

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 $9,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$759,727$752,960$746,358$739,913$733,621$730,223
2 years$376,103$369,098$362,310$355,728$349,343$345,913
3 years$248,244$241,210$234,438$227,918$221,638$218,282
4 years$184,328$177,315$170,611$164,202$158,074$154,818
5 years$145,988$139,017$132,401$126,123$120,165$117,019
6 years$120,436$113,518$107,000$100,862$95,083$92,050
7 years$102,192$95,332$88,917$82,924$77,328$74,411
8 years$88,516$81,717$75,409$69,563$64,151$61,349
9 years$77,884$71,149$64,950$59,252$54,024$51,338
10 years$69,383$62,715$56,625$51,076$46,031$43,459
11 years$62,433$55,831$49,851$44,451$39,588$37,128
12 years$56,645$50,111$44,242$38,990$34,307$31,956
13 years$51,751$45,286$39,527$34,422$29,916$27,673
14 years$47,560$41,164$35,515$30,556$26,224$24,087
15 years$43,932$37,604$32,066$27,251$23,090$21,055
16 years$40,759$34,501$29,072$24,400$20,407$18,472
17 years$37,963$31,774$26,455$21,923$18,094$16,256
18 years$35,481$29,360$24,150$19,757$16,088$14,345
19 years$33,262$27,211$22,108$17,852$14,340$12,687
20 years$31,268$25,286$20,289$16,169$12,809$11,244
21 years$29,466$23,553$18,662$14,674$11,462$9,982
22 years$27,830$21,986$17,200$13,342$10,274$8,876
23 years$26,338$20,563$15,881$12,151$9,223$7,902
24 years$24,973$19,266$14,688$11,082$8,290$7,044
25 years$23,719$18,080$13,604$10,121$7,460$6,286
26 years$22,563$16,992$12,617$9,254$6,719$5,614
27 years$21,495$15,992$11,716$8,471$6,058$5,019
28 years$20,505$15,069$10,891$7,761$5,466$4,489
29 years$19,585$14,216$10,135$7,117$4,936$4,019
30 years$18,727$13,425$9,441$6,532$4,460$3,599
31 years$17,927$12,691$8,801$5,999$4,032$3,225
32 years$17,178$12,009$8,212$5,513$3,647$2,892
33 years$16,476$11,372$7,667$5,070$3,301$2,594
34 years$15,817$10,778$7,164$4,664$2,989$2,327
35 years$15,196$10,223$6,698$4,294$2,707$2,089
36 years$14,612$9,703$6,266$3,955$2,453$1,875
37 years$14,060$9,216$5,864$3,644$2,223$1,684
38 years$13,539$8,758$5,492$3,358$2,015$1,512
39 years$13,045$8,328$5,145$3,097$1,827$1,359
40 years$12,578$7,924$4,823$2,856$1,658$1,221
41 years$12,134$7,543$4,522$2,635$1,504$1,097
42 years$11,713$7,183$4,242$2,432$1,365$986
43 years$11,312$6,844$3,980$2,245$1,238$887
44 years$10,931$6,524$3,736$2,073$1,124$797
45 years$10,568$6,221$3,508$1,914$1,020$717
46 years$10,221$5,935$3,295$1,768$927$645
47 years$9,890$5,664$3,096$1,634$841$580
48 years$9,574$5,407$2,909$1,510$764$522
49 years$9,272$5,163$2,734$1,395$694$469
50 years$8,982$4,932$2,571$1,290$630$422

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $9,200,000, adding $5,905 every year, while hoping to spend $31,228 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: 42/46/12 Blend
49$9,200,000$9,200,000$9,200,000$9,200,000
50$10,144,491$9,656,891$9,514,291$10,534,652
51$11,146,003$10,096,852$9,799,793$11,248,627
52$12,248,622$10,557,325$10,093,814$12,017,697
53$13,462,629$11,039,281$10,396,604$12,849,778
54$14,799,351$11,543,740$10,708,424$13,750,637
55$16,271,270$12,071,768$11,029,541$14,726,600
56$17,892,140$12,624,485$11,360,231$15,784,606
57$19,677,116$13,203,063$11,700,777$16,932,270
58$21,642,899$13,808,731$12,051,470$18,177,953
59$23,807,892$14,442,775$12,412,611$19,530,829
60$26,192,372$15,106,547$12,784,509$21,000,974
61$28,818,686$15,801,460$13,167,483$22,599,453
62$31,711,457$16,528,996$13,561,858$24,338,418
63$34,897,818$17,290,710$13,967,973$26,231,219
64$38,407,670$18,088,229$14,386,174$28,292,524
65$42,273,960$18,923,259$14,816,819$30,538,451
66$46,532,996$19,797,591$15,260,274$32,986,712
67$51,224,787$20,713,099$15,716,919$35,656,779
68$56,393,422$21,671,747$16,187,142$38,570,052
69$62,087,484$22,675,595$16,671,344$41,750,063
70$68,360,511$23,726,804$17,169,938$45,222,683
71$75,271,500$24,827,634$17,683,348$49,016,364
72$82,885,464$25,980,459$18,212,011$53,162,396
73$91,274,045$27,187,765$18,756,378$57,695,192
74$100,516,191$28,452,159$19,316,909$62,652,607
75$110,698,899$29,776,372$19,894,083$68,076,287
76$121,918,041$31,163,268$20,488,388$74,012,046
77$134,279,262$32,615,849$21,100,330$80,510,293
78$147,898,984$34,137,263$21,730,428$87,626,496
79$162,905,499$35,730,808$22,379,217$95,421,691
80$179,440,185$37,399,942$23,047,245$103,963,051
81$197,658,836$39,148,291$23,735,080$113,324,503
82$217,733,136$40,979,655$24,443,303$123,587,417
83$239,852,276$42,898,019$25,172,515$134,841,354
84$264,224,745$44,907,559$25,923,331$147,184,903
85$291,080,294$47,012,654$26,696,387$160,726,595
86$320,672,104$49,217,895$27,492,337$175,585,907
87$353,279,180$51,528,093$28,311,851$191,894,380
88$389,208,981$53,948,294$29,155,623$209,796,839
89$428,800,325$56,483,788$30,024,364$229,452,744
90$472,426,584$59,140,120$30,918,806$251,037,673
91$520,499,214$61,923,104$31,839,704$274,744,963
92$573,471,633$64,838,835$32,787,833$300,787,513
93$631,843,506$67,893,704$33,763,992$329,399,770
94$696,165,459$71,094,412$34,769,002$360,839,921
95$767,044,281$74,447,983$35,803,708$395,392,306
96$845,148,645$77,961,781$36,868,980$433,370,078
97$931,215,429$81,643,531$37,965,713$475,118,130
98$1,026,056,666$85,501,327$39,094,827$521,016,324
99$1,130,567,212$89,543,658$40,257,271$571,483,050
100$1,245,733,197$93,779,427$41,454,018$626,979,145