Can I retire at age 50 with 13,900,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,074,215
2 years$568,242$557,659$547,403$537,458$527,812$493,665
3 years$375,065$364,436$354,206$344,355$334,866$301,833
4 years$278,495$267,899$257,771$248,088$238,829$207,163
5 years$220,569$210,036$200,041$190,555$181,554$151,341
6 years$181,964$171,510$161,663$152,389$143,658$114,923
7 years$154,399$144,034$134,343$125,287$116,832$89,575
8 years$133,736$123,464$113,933$105,100$96,923$71,126
9 years$117,672$107,498$98,131$89,522$81,624$57,258
10 years$104,829$94,754$85,552$77,169$69,547$46,577
11 years$94,328$84,354$75,319$67,160$59,813$38,198
12 years$85,583$75,711$66,844$58,908$51,833$31,528
13 years$78,190$68,421$59,720$52,007$45,199$26,157
14 years$71,858$62,193$53,659$46,166$39,621$21,791
15 years$66,375$56,814$48,447$41,172$34,886$18,216
16 years$61,582$52,126$43,924$36,865$30,832$15,269
17 years$57,358$48,006$39,969$33,123$27,338$12,829
18 years$53,607$44,360$36,487$29,851$24,308$10,799
19 years$50,255$41,112$33,402$26,973$21,666$9,105
20 years$47,242$38,203$30,655$24,429$19,352$7,687
21 years$44,519$35,585$28,196$22,171$17,318$6,497
22 years$42,047$33,217$25,987$20,158$15,523$5,497
23 years$39,794$31,067$23,995$18,359$13,935$4,654
24 years$37,731$29,108$22,191$16,744$12,525$3,943
25 years$35,836$27,317$20,553$15,292$11,270$3,342
26 years$34,090$25,673$19,062$13,982$10,152$2,834
27 years$32,476$24,161$17,701$12,798$9,153$2,405
28 years$30,980$22,767$16,455$11,726$8,259$2,041
29 years$29,590$21,478$15,313$10,753$7,457$1,733
30 years$28,294$20,284$14,264$9,868$6,738$1,471
31 years$27,085$19,175$13,297$9,063$6,092$1,250
32 years$25,954$18,144$12,407$8,329$5,511$1,062
33 years$24,893$17,182$11,584$7,660$4,987$902
34 years$23,897$16,285$10,824$7,047$4,515$767
35 years$22,960$15,446$10,119$6,488$4,090$651
36 years$22,076$14,660$9,466$5,975$3,705$554
37 years$21,243$13,924$8,860$5,505$3,358$471
38 years$20,455$13,233$8,297$5,074$3,045$400
39 years$19,710$12,583$7,774$4,679$2,761$340
40 years$19,003$11,972$7,286$4,315$2,504$289
41 years$18,333$11,396$6,832$3,981$2,272$246
42 years$17,697$10,853$6,409$3,674$2,062$209
43 years$17,091$10,341$6,014$3,392$1,871$178
44 years$16,515$9,857$5,645$3,132$1,698$151
45 years$15,966$9,400$5,301$2,892$1,542$128
46 years$15,442$8,967$4,978$2,672$1,400$109
47 years$14,943$8,557$4,677$2,468$1,271$93
48 years$14,465$8,169$4,395$2,281$1,154$79
49 years$14,008$7,801$4,131$2,108$1,048$67
50 years$13,571$7,452$3,884$1,948$952$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $13,900,000, adding $6,855 every year, while hoping to spend $26,251 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: 55/31/14 Blend
49$13,900,000$13,900,000$13,900,000$13,900,000
50$15,324,871$14,588,171$14,372,721$16,111,383
51$16,860,077$15,275,060$14,826,276$17,333,526
52$18,550,994$15,994,728$15,294,146$18,660,182
53$20,413,477$16,748,751$15,776,781$20,104,135
54$22,464,998$17,538,786$16,274,649$21,676,581
55$24,724,807$18,366,566$16,788,230$23,389,821
56$27,214,122$19,233,912$17,318,020$25,257,377
57$29,956,319$20,142,730$17,864,530$27,294,114
58$32,977,160$21,095,021$18,428,289$29,516,372
59$36,305,034$22,092,881$19,009,840$31,942,119
60$39,971,224$23,138,508$19,609,746$34,591,110
61$44,010,202$24,234,208$20,228,585$37,485,073
62$48,459,955$25,382,397$20,866,956$40,647,906
63$53,362,347$26,585,610$21,525,475$44,105,893
64$58,763,505$27,846,505$22,204,778$47,887,951
65$64,714,265$29,167,866$22,905,520$52,025,890
66$71,270,645$30,552,615$23,628,379$56,554,712
67$78,494,374$32,003,817$24,374,053$61,512,929
68$86,453,478$33,524,682$25,143,262$66,942,919
69$95,222,920$35,118,579$25,936,749$72,891,320
70$104,885,308$36,789,039$26,755,280$79,409,460
71$115,531,674$38,539,766$27,599,646$86,553,833
72$127,262,332$40,374,643$28,470,662$94,386,620
73$140,187,830$42,297,741$29,369,170$102,976,270
74$154,429,989$44,313,330$30,296,037$112,398,133
75$170,123,052$46,425,887$31,252,158$122,735,158
76$187,414,956$48,640,108$32,238,458$134,078,672
77$206,468,723$50,960,915$33,255,888$146,529,220
78$227,464,004$53,393,471$34,305,431$160,197,511
79$250,598,771$55,943,190$35,388,102$175,205,443
80$276,091,187$58,615,748$36,504,945$191,687,241
81$304,181,667$61,417,099$37,657,040$209,790,713
82$335,135,146$64,353,485$38,845,499$229,678,627
83$369,243,578$67,431,453$40,071,470$251,530,233
84$406,828,696$70,657,867$41,336,138$275,542,936
85$448,245,048$74,039,928$42,640,724$301,934,146
86$493,883,343$77,585,184$43,986,488$330,943,309
87$544,174,138$81,301,553$45,374,730$362,834,148
88$599,591,908$85,197,336$46,806,791$397,897,137
89$660,659,518$89,281,241$48,284,054$436,452,217
90$727,953,166$93,562,399$49,807,946$478,851,796
91$802,107,816$98,050,384$51,379,940$525,484,053
92$883,823,199$102,755,238$53,001,553$576,776,580
93$973,870,413$107,687,492$54,674,353$633,200,392
94$1,073,099,206$112,858,190$56,399,955$695,274,346
95$1,182,445,997$118,278,914$58,180,025$763,570,013
96$1,302,942,717$123,961,809$60,016,285$838,717,046
97$1,435,726,550$129,919,614$61,910,506$921,409,091
98$1,582,050,670$136,165,687$63,864,520$1,012,410,305
99$1,743,296,071$142,714,038$65,880,214$1,112,562,538
100$1,920,984,604$149,579,359$67,959,534$1,222,793,245