Can I retire at age 50 with 9,400,000?

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 $9,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$776,243$769,329$762,583$755,999$749,569$724,705
2 years$384,279$377,122$370,186$363,461$356,938$332,129
3 years$253,641$246,453$239,535$232,873$226,456$202,481
4 years$188,335$181,169$174,320$167,772$161,510$138,553
5 years$149,162$142,039$135,279$128,865$122,778$100,899
6 years$123,055$115,985$109,326$103,054$97,150$76,368
7 years$104,414$97,404$90,850$84,727$79,009$59,320
8 years$90,440$83,494$77,048$71,075$65,545$46,936
9 years$79,577$72,696$66,362$60,540$55,199$37,646
10 years$70,892$64,078$57,856$52,186$47,032$30,509
11 years$63,790$57,045$50,935$45,418$40,449$24,923
12 years$57,876$51,201$45,204$39,837$35,052$20,490
13 years$52,876$46,270$40,386$35,170$30,566$16,930
14 years$48,594$42,058$36,287$31,220$26,794$14,045
15 years$44,887$38,421$32,763$27,843$23,592$11,691
16 years$41,646$35,251$29,704$24,930$20,850$9,758
17 years$38,789$32,465$27,030$22,400$18,487$8,162
18 years$36,252$29,999$24,675$20,187$16,438$6,840
19 years$33,985$27,802$22,588$18,240$14,652$5,741
20 years$31,948$25,835$20,730$16,520$13,087$4,825
21 years$30,106$24,065$19,068$14,993$11,712$4,059
22 years$28,435$22,463$17,574$13,632$10,498$3,418
23 years$26,911$21,010$16,227$12,415$9,423$2,880
24 years$25,516$19,685$15,007$11,323$8,470$2,428
25 years$24,235$18,473$13,899$10,341$7,622$2,049
26 years$23,054$17,362$12,891$9,455$6,865$1,729
27 years$21,962$16,339$11,970$8,655$6,190$1,460
28 years$20,951$15,397$11,128$7,930$5,585$1,233
29 years$20,010$14,525$10,356$7,272$5,043$1,042
30 years$19,134$13,717$9,646$6,674$4,557$880
31 years$18,317$12,967$8,993$6,129$4,120$744
32 years$17,551$12,270$8,390$5,633$3,727$629
33 years$16,834$11,620$7,834$5,180$3,373$532
34 years$16,160$11,013$7,320$4,766$3,054$449
35 years$15,527$10,445$6,843$4,387$2,766$380
36 years$14,929$9,914$6,402$4,041$2,506$321
37 years$14,366$9,416$5,992$3,723$2,271$272
38 years$13,833$8,949$5,611$3,431$2,059$230
39 years$13,329$8,509$5,257$3,164$1,867$194
40 years$12,851$8,096$4,927$2,918$1,694$164
41 years$12,398$7,707$4,620$2,692$1,536$139
42 years$11,968$7,340$4,334$2,485$1,394$118
43 years$11,558$6,993$4,067$2,294$1,265$100
44 years$11,169$6,666$3,818$2,118$1,149$84
45 years$10,797$6,357$3,585$1,956$1,043$71
46 years$10,443$6,064$3,367$1,807$947$60
47 years$10,105$5,787$3,163$1,669$860$51
48 years$9,782$5,524$2,972$1,542$781$43
49 years$9,473$5,275$2,794$1,425$709$36
50 years$9,178$5,039$2,627$1,318$644$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $9,400,000, adding $3,417 every year, while hoping to spend $28,550 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: 64/13/23 Blend
49$9,400,000$9,400,000$9,400,000$9,400,000
50$10,362,325$9,864,125$9,718,425$10,963,349
51$11,388,905$10,317,090$10,013,615$11,822,005
52$12,519,239$10,791,293$10,317,737$12,756,242
53$13,763,881$11,287,746$10,631,060$13,776,321
54$15,134,458$11,807,506$10,953,862$14,890,653
55$16,643,783$12,351,685$11,286,427$16,108,496
56$18,305,977$12,921,445$11,629,050$17,440,035
57$20,136,596$13,518,006$11,982,034$18,896,482
58$22,152,787$14,142,646$12,345,689$20,490,177
59$24,373,440$14,796,705$12,720,339$22,234,704
60$26,819,373$15,481,585$13,106,312$24,145,014
61$29,513,527$16,198,761$13,503,951$26,237,569
62$32,481,179$16,949,773$13,913,606$28,530,491
63$35,750,186$17,736,238$14,335,639$31,043,732
64$39,351,243$18,559,852$14,770,421$33,799,262
65$43,318,177$19,422,391$15,218,337$36,821,271
66$47,688,260$20,325,718$15,679,780$40,136,395
67$52,502,568$21,271,783$16,155,158$43,773,965
68$57,806,364$22,262,635$16,644,890$47,766,285
69$63,649,525$23,300,416$17,149,406$52,148,927
70$70,087,017$24,387,377$17,669,152$56,961,069
71$77,179,409$25,525,874$18,204,584$62,245,860
72$84,993,445$26,718,378$18,756,174$68,050,822
73$93,602,677$27,967,480$19,324,407$74,428,298
74$103,088,158$29,275,894$19,909,782$81,435,944
75$113,539,205$30,646,468$20,512,815$89,137,262
76$125,054,245$32,082,186$21,134,035$97,602,205
77$137,741,741$33,586,176$21,773,988$106,907,827
78$151,721,218$35,161,719$22,433,237$117,139,006
79$167,124,391$36,812,252$23,112,359$128,389,246
80$184,096,408$38,541,381$23,811,952$140,761,549
81$202,797,219$40,352,886$24,532,630$154,369,386
82$223,403,086$42,250,728$25,275,023$169,337,764
83$246,108,248$44,239,061$26,039,784$185,804,396
84$271,126,756$46,322,242$26,827,584$203,921,002
85$298,694,489$48,504,835$27,639,111$223,854,728
86$329,071,384$50,791,629$28,475,078$245,789,726
87$362,543,889$53,187,643$29,336,217$269,928,880
88$399,427,666$55,698,138$30,223,282$296,495,719
89$440,070,575$58,328,634$31,137,049$325,736,517
90$484,855,951$61,084,914$32,078,317$357,922,611
91$534,206,228$63,973,045$33,047,910$393,352,961
92$588,586,925$66,999,385$34,046,677$432,356,955
93$648,511,040$70,170,604$35,075,489$475,297,519
94$714,543,894$73,493,692$36,135,247$522,574,529
95$787,308,469$76,975,981$37,226,875$574,628,582
96$867,491,285$80,625,156$38,351,328$631,945,141
97$955,848,885$84,449,277$39,509,586$695,059,115
98$1,053,214,975$88,456,796$40,702,661$764,559,892
99$1,160,508,295$92,656,572$41,931,593$841,096,898
100$1,278,741,294$97,057,896$43,197,454$925,385,714