Can I retire at age 50 with 14,000,000?

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 $14,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,111,676
2 years$572,330$561,671$551,341$541,325$531,609$526,860
3 years$377,763$367,058$356,754$346,832$337,275$332,628
4 years$280,499$269,827$259,625$249,873$240,547$236,038
5 years$222,156$211,547$201,480$191,926$182,860$178,502
6 years$183,273$172,744$162,826$153,485$144,691$140,490
7 years$155,510$145,070$135,309$126,189$117,673$113,630
8 years$134,698$124,352$114,753$105,856$97,621$93,738
9 years$118,519$108,271$98,837$90,166$82,211$78,486
10 years$105,583$95,436$86,168$77,724$70,048$66,480
11 years$95,006$84,961$75,861$67,643$60,243$56,830
12 years$86,199$76,256$67,325$59,332$52,206$48,944
13 years$78,752$68,913$60,150$52,381$45,524$42,412
14 years$72,375$62,640$54,045$46,498$39,906$36,939
15 years$66,852$57,223$48,795$41,468$35,137$32,311
16 years$62,025$52,501$44,240$37,130$31,054$28,366
17 years$57,770$48,351$40,257$33,361$27,535$24,981
18 years$53,993$44,679$36,749$30,065$24,482$22,059
19 years$50,616$41,408$33,642$27,167$21,822$19,524
20 years$47,582$38,478$30,875$24,605$19,492$17,315
21 years$44,839$35,841$28,399$22,330$17,443$15,383
22 years$42,350$33,456$26,174$20,303$15,635$13,688
23 years$40,080$31,291$24,167$18,491$14,035$12,196
24 years$38,003$29,318$22,351$16,865$12,615$10,880
25 years$36,094$27,513$20,701$15,402$11,351$9,716
26 years$34,335$25,858$19,199$14,082$10,225$8,685
27 years$32,710$24,335$17,828$12,890$9,219$7,770
28 years$31,203$22,931$16,574$11,810$8,318$6,956
29 years$29,803$21,633$15,423$10,830$7,511$6,231
30 years$28,498$20,430$14,366$9,939$6,787$5,586
31 years$27,280$19,313$13,393$9,128$6,136$5,010
32 years$26,140$18,274$12,496$8,389$5,550$4,495
33 years$25,072$17,306$11,668$7,715$5,023$4,035
34 years$24,069$16,402$10,902$7,098$4,548$3,623
35 years$23,125$15,557$10,192$6,534$4,119$3,254
36 years$22,235$14,766$9,535$6,018$3,732$2,924
37 years$21,396$14,024$8,924$5,545$3,383$2,628
38 years$20,602$13,328$8,357$5,111$3,067$2,363
39 years$19,852$12,674$7,830$4,712$2,781$2,124
40 years$19,140$12,058$7,339$4,346$2,522$1,911
41 years$18,465$11,478$6,881$4,010$2,288$1,719
42 years$17,824$10,931$6,455$3,701$2,076$1,546
43 years$17,214$10,415$6,057$3,416$1,885$1,391
44 years$16,634$9,928$5,686$3,154$1,711$1,252
45 years$16,081$9,467$5,339$2,913$1,553$1,127
46 years$15,554$9,031$5,014$2,691$1,410$1,014
47 years$15,050$8,619$4,711$2,486$1,280$913
48 years$14,569$8,228$4,427$2,297$1,163$822
49 years$14,109$7,857$4,161$2,123$1,056$740
50 years$13,669$7,505$3,912$1,962$959$666

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $14,000,000, adding $2,490 every year, while hoping to spend $51,834 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: 56/19/25 Blend
49$14,000,000$14,000,000$14,000,000$14,000,000
50$15,430,568$14,688,568$14,471,568$16,188,990
51$16,949,335$15,353,157$14,901,215$17,374,039
52$18,621,279$16,048,574$15,343,517$18,658,842
53$20,461,970$16,776,274$15,798,845$20,057,586
54$22,488,562$17,537,782$16,267,578$21,581,260
55$24,719,960$18,334,699$16,750,106$23,241,950
56$27,176,994$19,168,697$17,246,833$25,052,948
57$29,882,617$20,041,532$17,758,171$27,028,875
58$32,862,120$20,955,044$18,284,547$29,185,817
59$36,143,375$21,911,160$18,826,397$31,541,470
60$39,757,091$22,911,898$19,384,173$34,115,306
61$43,737,109$23,959,376$19,958,338$36,928,750
62$48,120,721$25,055,812$20,549,369$40,005,379
63$52,949,017$26,203,530$21,157,756$43,371,144
64$58,267,279$27,404,965$21,784,002$47,054,603
65$64,125,404$28,662,670$22,428,629$51,087,192
66$70,578,375$29,979,321$23,092,168$55,503,514
67$77,686,783$31,357,722$23,775,170$60,341,661
68$85,517,396$32,800,811$24,478,199$65,643,569
69$94,143,788$34,311,668$25,201,836$71,455,407
70$103,647,035$35,893,521$25,946,678$77,828,006
71$114,116,482$37,549,753$26,713,341$84,817,336
72$125,650,582$39,283,910$27,502,457$92,485,024
73$138,357,829$41,099,709$28,314,677$100,898,933
74$152,357,777$43,001,044$29,150,669$110,133,793
75$167,782,175$44,992,000$30,011,121$120,271,899
76$184,776,205$47,076,856$30,896,741$131,403,883
77$203,499,853$49,260,097$31,808,257$143,629,558
78$224,129,423$51,546,426$32,746,418$157,058,855
79$246,859,195$53,940,772$33,711,994$171,812,850
80$271,903,264$56,448,301$34,705,777$188,024,899
81$299,497,557$59,074,428$35,728,581$205,841,889
82$329,902,063$61,824,830$36,781,243$225,425,612
83$363,403,285$64,705,459$37,864,627$246,954,284
84$400,316,945$67,722,551$38,979,617$270,624,214
85$440,990,964$70,882,647$40,127,124$296,651,652
86$485,808,746$74,192,600$41,308,087$325,274,813
87$535,192,798$77,659,598$42,523,468$356,756,115
88$589,608,718$81,291,172$43,774,258$391,384,646
89$649,569,588$85,095,220$45,061,476$429,478,878
90$715,640,821$89,080,022$46,386,171$471,389,659
91$788,445,498$93,254,255$47,749,421$517,503,512
92$868,670,244$97,627,019$49,152,332$568,246,270
93$957,071,719$102,207,853$50,596,045$624,087,077
94$1,054,483,753$107,006,757$52,081,731$685,542,803
95$1,161,825,222$112,034,214$53,610,596$753,182,907
96$1,280,108,721$117,301,217$55,183,877$827,634,791
97$1,410,450,123$122,819,289$56,802,849$909,589,711
98$1,554,079,113$128,600,511$58,468,822$999,809,275
99$1,712,350,796$134,657,550$60,183,141$1,099,132,620
100$1,886,758,494$141,003,686$61,947,192$1,208,484,309