Can I retire at age 50 with 14,200,000?

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 $14,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,112,654
2 years$580,506$569,695$559,217$549,058$539,204$519,446
3 years$383,160$372,302$361,850$351,787$342,093$322,867
4 years$284,506$273,681$263,334$253,443$243,984$225,438
5 years$225,329$214,569$204,358$194,668$185,472$167,660
6 years$185,891$175,212$165,152$155,678$146,758$129,699
7 years$157,732$147,143$137,242$127,991$119,354$103,053
8 years$136,622$126,129$116,392$107,369$99,015$83,469
9 years$120,212$109,818$100,248$91,454$83,385$68,585
10 years$107,092$96,799$87,399$78,834$71,048$56,981
11 years$96,364$86,174$76,945$68,610$61,104$47,755
12 years$87,430$77,345$68,286$60,180$52,951$40,302
13 years$79,877$69,898$61,009$53,130$46,175$34,206
14 years$73,408$63,535$54,817$47,163$40,476$29,167
15 years$67,807$58,040$49,493$42,061$35,639$24,967
16 years$62,911$53,251$44,872$37,661$31,498$21,442
17 years$58,596$49,042$40,832$33,838$27,928$18,464
18 years$54,764$45,317$37,274$30,495$24,832$15,936
19 years$51,339$41,999$34,123$27,555$22,133$13,782
20 years$48,261$39,028$31,316$24,956$19,770$11,939
21 years$45,480$36,353$28,805$22,649$17,692$10,357
22 years$42,955$33,934$26,548$20,593$15,858$8,996
23 years$40,653$31,738$24,513$18,755$14,235$7,822
24 years$38,545$29,736$22,670$17,105$12,795$6,807
25 years$36,610$27,906$20,997$15,622$11,514$5,929
26 years$34,826$26,227$19,474$14,284$10,371$5,168
27 years$33,177$24,683$18,083$13,074$9,350$4,507
28 years$31,649$23,259$16,810$11,979$8,437$3,933
29 years$30,228$21,942$15,644$10,985$7,618$3,433
30 years$28,905$20,722$14,571$10,081$6,884$2,998
31 years$27,670$19,589$13,584$9,259$6,224$2,619
32 years$26,514$18,535$12,675$8,509$5,630$2,289
33 years$25,430$17,553$11,834$7,825$5,095$2,000
34 years$24,412$16,636$11,057$7,200$4,613$1,749
35 years$23,455$15,779$10,338$6,628$4,178$1,529
36 years$22,553$14,977$9,671$6,104$3,785$1,338
37 years$21,701$14,225$9,052$5,624$3,431$1,170
38 years$20,897$13,518$8,476$5,184$3,110$1,024
39 years$20,135$12,855$7,942$4,780$2,821$896
40 years$19,414$12,230$7,444$4,408$2,558$784
41 years$18,729$11,642$6,980$4,067$2,321$686
42 years$18,079$11,087$6,547$3,754$2,106$600
43 years$17,460$10,564$6,144$3,465$1,911$525
44 years$16,872$10,070$5,767$3,199$1,735$460
45 years$16,311$9,602$5,415$2,955$1,575$403
46 years$15,776$9,160$5,086$2,729$1,430$352
47 years$15,265$8,742$4,778$2,522$1,299$308
48 years$14,777$8,345$4,490$2,330$1,179$270
49 years$14,311$7,969$4,220$2,153$1,071$236
50 years$13,864$7,612$3,968$1,990$973$207

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $14,200,000, adding $6,010 every year, while hoping to spend $52,959 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: 53/40/7 Blend
49$14,200,000$14,200,000$14,200,000$14,200,000
50$15,654,599$14,901,999$14,681,899$16,457,795
51$17,195,020$15,575,849$15,117,395$17,676,501
52$18,890,790$16,280,943$15,565,705$18,995,357
53$20,757,696$17,018,755$16,027,202$20,428,855
54$22,813,139$17,790,832$16,502,271$21,987,832
55$25,076,289$18,598,792$16,991,307$23,684,195
56$27,568,271$19,444,334$17,494,716$25,531,023
57$30,312,362$20,329,233$18,012,916$27,542,687
58$33,334,212$21,255,355$18,546,338$29,734,983
59$36,662,086$22,224,652$19,095,425$32,125,269
60$40,327,128$23,239,169$19,660,631$34,732,628
61$44,363,658$24,301,052$20,242,425$37,578,038
62$48,809,494$25,412,546$20,841,289$40,684,564
63$53,706,308$26,576,007$21,457,718$44,077,571
64$59,100,023$27,793,902$22,092,223$47,784,952
65$65,041,239$29,068,817$22,745,326$51,837,384
66$71,585,720$30,403,464$23,417,569$56,268,613
67$78,794,911$31,800,681$24,109,506$61,115,758
68$86,736,525$33,263,447$24,821,707$66,419,660
69$95,485,176$34,794,881$25,554,759$72,225,248
70$105,123,087$36,398,254$26,309,267$78,581,962
71$115,740,866$38,076,992$27,085,851$85,544,205
72$127,438,357$39,834,688$27,885,151$93,171,848
73$140,325,589$41,675,107$28,707,822$101,530,779
74$154,523,806$43,602,194$29,554,541$110,693,518
75$170,166,619$45,620,087$30,426,003$120,739,889
76$187,401,263$47,733,119$31,322,923$131,757,755
77$206,389,986$49,945,837$32,246,036$143,843,840
78$227,311,584$52,263,002$33,196,097$157,104,625
79$250,363,084$54,689,607$34,173,884$171,657,338
80$275,761,607$57,230,886$35,180,198$187,631,043
81$303,746,416$59,892,325$36,215,860$205,167,847
82$334,581,175$62,679,674$37,281,716$224,424,219
83$368,556,438$65,598,960$38,378,636$245,572,453
84$405,992,388$68,656,503$39,507,514$268,802,272
85$447,241,866$71,858,927$40,669,270$294,322,602
86$492,693,696$75,213,174$41,864,851$322,363,521
87$542,776,357$78,726,523$43,095,227$353,178,413
88$597,962,029$82,406,606$44,361,400$387,046,332
89$658,771,047$86,261,421$45,664,398$424,274,618
90$725,776,817$90,299,354$47,005,279$465,201,769
91$799,611,226$94,529,196$48,385,130$510,200,613
92$880,970,608$98,960,163$49,805,068$559,681,799
93$970,622,316$103,601,917$51,266,244$614,097,646
94$1,069,411,969$108,464,588$52,769,840$673,946,381
95$1,178,271,431$113,558,794$54,317,071$739,776,814
96$1,298,227,610$118,895,668$55,909,186$812,193,482
97$1,430,412,154$124,486,883$57,547,471$891,862,327
98$1,576,072,128$130,344,676$59,233,246$979,516,941
99$1,736,581,795$136,481,875$60,967,870$1,075,965,456
100$1,913,455,583$142,911,931$62,752,738$1,182,098,136