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

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 $14,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,104,506
2 years$580,506$569,695$559,217$549,058$539,204$511,345
3 years$383,160$372,302$361,850$351,787$342,093$315,069
4 years$284,506$273,681$263,334$253,443$243,984$218,002
5 years$225,329$214,569$204,358$194,668$185,472$160,606
6 years$185,891$175,212$165,152$155,678$146,758$123,031
7 years$157,732$147,143$137,242$127,991$119,354$96,769
8 years$136,622$126,129$116,392$107,369$99,015$77,563
9 years$120,212$109,818$100,248$91,454$83,385$63,048
10 years$107,092$96,799$87,399$78,834$71,048$51,803
11 years$96,364$86,174$76,945$68,610$61,104$42,922
12 years$87,430$77,345$68,286$60,180$52,951$35,802
13 years$79,877$69,898$61,009$53,130$46,175$30,025
14 years$73,408$63,535$54,817$47,163$40,476$25,291
15 years$67,807$58,040$49,493$42,061$35,639$21,380
16 years$62,911$53,251$44,872$37,661$31,498$18,129
17 years$58,596$49,042$40,832$33,838$27,928$15,410
18 years$54,764$45,317$37,274$30,495$24,832$13,127
19 years$51,339$41,999$34,123$27,555$22,133$11,202
20 years$48,261$39,028$31,316$24,956$19,770$9,573
21 years$45,480$36,353$28,805$22,649$17,692$8,191
22 years$42,955$33,934$26,548$20,593$15,858$7,017
23 years$40,653$31,738$24,513$18,755$14,235$6,016
24 years$38,545$29,736$22,670$17,105$12,795$5,162
25 years$36,610$27,906$20,997$15,622$11,514$4,432
26 years$34,826$26,227$19,474$14,284$10,371$3,807
27 years$33,177$24,683$18,083$13,074$9,350$3,273
28 years$31,649$23,259$16,810$11,979$8,437$2,814
29 years$30,228$21,942$15,644$10,985$7,618$2,421
30 years$28,905$20,722$14,571$10,081$6,884$2,083
31 years$27,670$19,589$13,584$9,259$6,224$1,793
32 years$26,514$18,535$12,675$8,509$5,630$1,543
33 years$25,430$17,553$11,834$7,825$5,095$1,329
34 years$24,412$16,636$11,057$7,200$4,613$1,144
35 years$23,455$15,779$10,338$6,628$4,178$986
36 years$22,553$14,977$9,671$6,104$3,785$849
37 years$21,701$14,225$9,052$5,624$3,431$731
38 years$20,897$13,518$8,476$5,184$3,110$630
39 years$20,135$12,855$7,942$4,780$2,821$543
40 years$19,414$12,230$7,444$4,408$2,558$468
41 years$18,729$11,642$6,980$4,067$2,321$403
42 years$18,079$11,087$6,547$3,754$2,106$347
43 years$17,460$10,564$6,144$3,465$1,911$299
44 years$16,872$10,070$5,767$3,199$1,735$258
45 years$16,311$9,602$5,415$2,955$1,575$222
46 years$15,776$9,160$5,086$2,729$1,430$192
47 years$15,265$8,742$4,778$2,522$1,299$165
48 years$14,777$8,345$4,490$2,330$1,179$142
49 years$14,311$7,969$4,220$2,153$1,071$123
50 years$13,864$7,612$3,968$1,990$973$106

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 $4,451 every year, while hoping to spend $58,398 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: 35/40/25 Blend
49$14,200,000$14,200,000$14,200,000$14,200,000
50$15,652,991$14,900,391$14,680,291$16,082,291
51$17,187,461$15,568,375$15,109,946$17,069,683
52$18,876,490$16,267,133$15,552,037$18,128,690
53$20,735,781$16,998,112$16,006,919$19,270,196
54$22,782,637$17,762,826$16,474,957$20,501,604
55$25,036,124$18,562,862$16,956,526$21,831,032
56$27,517,251$19,399,885$17,452,012$23,267,379
57$30,249,168$20,275,636$17,961,812$24,820,410
58$33,257,382$21,191,942$18,486,332$26,500,833
59$36,570,003$22,150,714$19,025,991$28,320,401
60$40,218,002$23,153,959$19,581,221$30,292,013
61$44,235,510$24,203,774$20,152,464$32,429,828
62$48,660,134$25,302,362$20,740,174$34,749,392
63$53,533,318$26,452,027$21,344,819$37,267,779
64$58,900,726$27,655,186$21,966,881$40,003,740
65$64,812,681$28,914,371$22,606,852$42,977,874
66$71,324,634$30,232,235$23,265,241$46,212,814
67$78,497,689$31,611,557$23,942,569$49,733,428
68$86,399,181$33,055,251$24,639,373$53,567,049
69$95,103,310$34,566,370$25,356,204$57,743,719
70$104,691,838$36,148,114$26,093,628$62,296,464
71$115,254,869$37,803,834$26,852,228$67,261,593
72$126,891,689$39,537,046$27,632,601$72,679,031
73$139,711,711$41,351,431$28,435,362$78,592,682
74$153,835,503$43,250,848$29,261,144$85,050,832
75$169,395,927$45,239,342$30,110,596$92,106,591
76$186,539,394$47,321,153$30,984,383$99,818,381
77$205,427,246$49,500,722$31,883,193$108,250,473
78$226,237,274$51,782,707$32,807,729$117,473,578
79$249,165,403$54,171,987$33,758,716$127,565,498
80$274,427,537$56,673,677$34,736,896$138,611,847
81$302,261,598$59,293,139$35,743,033$150,706,838
82$332,929,770$62,035,992$36,777,914$163,954,156
83$366,720,976$64,908,126$37,842,344$178,467,920
84$403,953,605$67,915,714$38,937,152$194,373,736
85$444,978,516$71,065,226$40,063,190$211,809,866
86$490,182,349$74,363,447$41,221,331$230,928,511
87$539,991,178$77,817,486$42,412,475$251,897,221
88$594,874,530$81,434,794$43,637,545$274,900,461
89$655,349,818$85,223,185$44,897,488$300,141,319
90$721,987,225$89,190,846$46,193,280$327,843,402
91$795,415,086$93,346,362$47,525,919$358,252,921
92$876,325,822$97,698,731$48,896,435$391,640,984
93$965,482,473$102,257,386$50,305,882$428,306,126
94$1,063,725,902$107,032,214$51,755,346$468,577,098
95$1,171,982,733$112,033,582$53,245,939$512,815,937
96$1,291,274,100$117,272,356$54,778,806$561,421,349
97$1,422,725,284$122,759,927$56,355,122$614,832,439
98$1,567,576,337$128,508,238$57,976,093$673,532,819
99$1,727,193,790$134,529,808$59,642,958$738,055,133
100$1,903,083,550$140,837,761$61,356,990$808,986,046