Can I retire at age 50 with 9,500,000?

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 $9,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$784,501$777,513$770,696$764,041$757,543$736,840
2 years$388,367$381,134$374,124$367,327$360,735$340,028
3 years$256,339$249,075$242,083$235,350$228,865$208,802
4 years$190,339$183,097$176,174$169,557$163,228$143,964
5 years$150,748$143,550$136,719$130,236$124,084$105,671
6 years$124,364$117,219$110,489$104,151$98,183$80,640
7 years$105,525$98,441$91,817$85,628$79,849$63,175
8 years$91,402$84,382$77,868$71,831$66,243$50,430
9 years$80,423$73,470$67,068$61,184$55,786$40,819
10 years$71,646$64,760$58,471$52,741$47,532$33,393
11 years$64,469$57,652$51,477$45,901$40,879$27,545
12 years$58,492$51,745$45,685$40,261$35,425$22,870
13 years$53,439$46,763$40,816$35,545$30,891$19,090
14 years$49,111$42,506$36,673$31,552$27,079$16,003
15 years$45,364$38,830$33,111$28,139$23,843$13,462
16 years$42,089$35,626$30,020$25,196$21,072$11,358
17 years$39,201$32,810$27,317$22,638$18,684$9,606
18 years$36,638$30,318$24,937$20,401$16,613$8,140
19 years$34,347$28,098$22,829$18,434$14,808$6,910
20 years$32,287$26,110$20,951$16,696$13,226$5,874
21 years$30,427$24,321$19,271$15,153$11,836$4,999
22 years$28,737$22,702$17,761$13,777$10,609$4,259
23 years$27,197$21,233$16,399$12,547$9,524$3,632
24 years$25,787$19,894$15,167$11,444$8,560$3,099
25 years$24,492$18,670$14,047$10,451$7,703$2,646
26 years$23,299$17,546$13,028$9,556$6,938$2,260
27 years$22,196$16,513$12,098$8,747$6,256$1,932
28 years$21,173$15,560$11,246$8,014$5,644$1,652
29 years$20,223$14,679$10,466$7,349$5,097$1,413
30 years$19,338$13,863$9,748$6,745$4,605$1,208
31 years$18,511$13,105$9,088$6,194$4,164$1,034
32 years$17,738$12,400$8,479$5,693$3,766$885
33 years$17,013$11,743$7,917$5,235$3,408$758
34 years$16,332$11,130$7,397$4,817$3,086$649
35 years$15,692$10,557$6,916$4,434$2,795$555
36 years$15,088$10,020$6,470$4,084$2,533$476
37 years$14,519$9,516$6,056$3,762$2,295$407
38 years$13,980$9,044$5,671$3,468$2,081$349
39 years$13,471$8,600$5,313$3,198$1,887$299
40 years$12,988$8,182$4,980$2,949$1,712$256
41 years$12,530$7,789$4,670$2,721$1,553$219
42 years$12,095$7,418$4,380$2,511$1,409$188
43 years$11,681$7,068$4,110$2,318$1,279$161
44 years$11,287$6,737$3,858$2,140$1,161$138
45 years$10,912$6,424$3,623$1,977$1,054$118
46 years$10,554$6,128$3,403$1,826$957$101
47 years$10,213$5,848$3,197$1,687$869$87
48 years$9,886$5,583$3,004$1,559$789$74
49 years$9,574$5,332$2,823$1,441$717$64
50 years$9,275$5,093$2,654$1,332$651$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $9,500,000, adding $5,673 every year, while hoping to spend $24,027 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: 52/37/11 Blend
49$9,500,000$9,500,000$9,500,000$9,500,000
50$10,474,852$9,971,352$9,824,102$10,989,105
51$11,517,722$10,434,383$10,127,645$11,803,288
52$12,666,160$10,919,298$10,440,551$12,685,231
53$13,930,908$11,427,143$10,763,109$13,643,825
54$15,323,803$11,959,016$11,095,616$14,686,310
55$16,857,890$12,516,067$11,438,378$15,820,645
56$18,547,542$13,099,501$11,791,711$17,055,568
57$20,408,598$13,710,584$12,155,940$18,400,685
58$22,458,512$14,350,639$12,531,401$19,866,549
59$24,716,516$15,021,057$12,918,439$21,464,761
60$27,203,805$15,723,293$13,317,411$23,208,070
61$29,943,733$16,458,874$13,728,684$25,110,495
62$32,962,036$17,229,401$14,152,637$27,187,447
63$36,287,073$18,036,551$14,589,659$29,455,872
64$39,950,095$18,882,082$15,040,153$31,934,408
65$43,985,540$19,767,840$15,504,534$34,643,552
66$48,431,357$20,695,756$15,983,228$37,605,849
67$53,329,365$21,667,858$16,476,676$40,846,099
68$58,725,648$22,686,271$16,985,332$44,391,587
69$64,670,987$23,753,221$17,509,664$48,272,330
70$71,221,343$24,871,044$18,050,153$52,521,358
71$78,438,384$26,042,189$18,607,297$57,175,016
72$86,390,066$27,269,223$19,181,608$62,273,299
73$95,151,275$28,554,837$19,773,614$67,860,225
74$104,804,534$29,901,853$20,383,859$73,984,241
75$115,440,782$31,313,230$21,012,904$80,698,670
76$127,160,232$32,792,068$21,661,326$88,062,208
77$140,073,317$34,341,621$22,329,723$96,139,468
78$154,301,734$35,965,299$23,018,706$105,001,580
79$169,979,588$37,666,676$23,728,911$114,726,852
80$187,254,665$39,449,502$24,460,988$125,401,500
81$206,289,820$41,317,706$25,215,610$137,120,449
82$227,264,519$43,275,411$25,993,470$149,988,218
83$250,376,531$45,326,938$26,795,283$164,119,896
84$275,843,796$47,476,816$27,621,783$179,642,213
85$303,906,480$49,729,798$28,473,731$196,694,725
86$334,829,247$52,090,864$29,351,907$215,431,116
87$368,903,752$54,565,238$30,257,117$236,020,637
88$406,451,397$57,158,397$31,190,193$258,649,683
89$447,826,365$59,876,083$32,151,989$283,523,542
90$493,418,963$62,724,320$33,143,390$310,868,313
91$543,659,306$65,709,421$34,165,302$340,933,025
92$599,021,380$68,838,007$35,218,665$373,991,966
93$660,027,514$72,117,022$36,304,443$410,347,257
94$727,253,310$75,553,747$37,423,632$450,331,680
95$801,333,082$79,155,815$38,577,258$494,311,802
96$882,965,839$82,931,232$39,766,379$542,691,411
97$972,921,886$86,888,394$40,992,084$595,915,305
98$1,072,050,096$91,036,102$42,255,496$654,473,466
99$1,181,285,924$95,383,589$43,557,773$718,905,663
100$1,301,660,237$99,940,535$44,900,108$789,806,518