Can I retire at age 50 with 14,400,000?

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 $14,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,105,337
2 years$588,682$577,719$567,093$556,791$546,798$504,030
3 years$388,557$377,546$366,947$356,741$346,911$305,659
4 years$288,513$277,536$267,043$257,012$247,420$207,998
5 years$228,503$217,592$207,237$197,410$188,085$150,595
6 years$188,509$177,680$167,478$157,870$148,825$113,293
7 years$159,953$149,215$139,175$129,794$121,035$87,452
8 years$138,546$127,905$118,031$108,881$100,410$68,745
9 years$121,905$111,364$101,660$92,742$84,560$54,768
10 years$108,600$98,162$88,630$79,945$72,049$44,078
11 years$97,721$87,388$78,028$69,576$61,965$35,752
12 years$88,662$78,435$69,248$61,027$53,697$29,177
13 years$81,002$70,882$61,869$53,878$46,825$23,927
14 years$74,442$64,430$55,589$47,827$41,047$19,699
15 years$68,762$58,858$50,190$42,653$36,141$16,269
16 years$63,797$54,001$45,504$38,191$31,941$13,471
17 years$59,421$49,733$41,407$34,315$28,321$11,177
18 years$55,535$45,955$37,799$30,924$25,182$9,290
19 years$52,063$42,591$34,603$27,943$22,445$7,733
20 years$48,941$39,578$31,757$25,308$20,048$6,444
21 years$46,120$36,865$29,211$22,968$17,941$5,375
22 years$43,560$34,412$26,922$20,883$16,082$4,487
23 years$41,225$32,185$24,858$19,019$14,436$3,749
24 years$39,088$30,155$22,989$17,346$12,975$3,133
25 years$37,125$28,299$21,293$15,842$11,676$2,620
26 years$35,316$26,597$19,748$14,485$10,517$2,192
27 years$33,644$25,031$18,338$13,258$9,482$1,834
28 years$32,094$23,586$17,047$12,147$8,556$1,535
29 years$30,654$22,251$15,864$11,139$7,726$1,286
30 years$29,312$21,014$14,777$10,223$6,981$1,077
31 years$28,059$19,865$13,776$9,389$6,311$902
32 years$26,887$18,796$12,853$8,629$5,709$755
33 years$25,788$17,800$12,001$7,935$5,167$633
34 years$24,756$16,871$11,213$7,301$4,678$530
35 years$23,785$16,002$10,483$6,721$4,237$444
36 years$22,871$15,188$9,807$6,190$3,839$372
37 years$22,007$14,425$9,179$5,703$3,479$312
38 years$21,191$13,709$8,596$5,257$3,154$261
39 years$20,419$13,036$8,053$4,847$2,860$219
40 years$19,687$12,402$7,548$4,471$2,594$184
41 years$18,993$11,806$7,078$4,125$2,354$154
42 years$18,333$11,244$6,639$3,807$2,136$129
43 years$17,706$10,713$6,230$3,514$1,938$108
44 years$17,109$10,212$5,848$3,245$1,759$91
45 years$16,540$9,738$5,491$2,996$1,597$76
46 years$15,998$9,289$5,157$2,768$1,450$64
47 years$15,480$8,865$4,845$2,557$1,317$53
48 years$14,985$8,463$4,553$2,363$1,196$45
49 years$14,512$8,081$4,280$2,184$1,086$37
50 years$14,059$7,720$4,024$2,018$987$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $14,400,000, adding $5,374 every year, while hoping to spend $31,132 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: 55/15/30 Blend
49$14,400,000$14,400,000$14,400,000$14,400,000
50$15,874,343$15,111,143$14,887,943$16,614,777
51$17,460,402$15,818,465$15,353,565$17,834,593
52$19,207,195$16,559,402$15,833,742$19,158,866
53$21,131,086$17,335,569$16,328,928$20,600,677
54$23,250,102$18,148,658$16,839,593$22,171,366
55$25,584,113$19,000,443$17,366,221$23,883,404
56$28,155,012$19,892,784$17,909,309$25,750,507
57$30,986,925$20,827,632$18,469,371$27,787,764
58$34,106,435$21,807,030$19,046,940$30,011,775
59$37,542,840$22,833,122$19,642,560$32,440,803
60$41,328,420$23,908,156$20,256,796$35,094,942
61$45,498,750$25,034,487$20,890,230$37,996,305
62$50,093,031$26,214,585$21,543,462$41,169,226
63$55,154,461$27,451,041$22,217,108$44,640,487
64$60,730,643$28,746,569$22,911,809$48,439,565
65$66,874,034$30,104,016$23,628,220$52,598,907
66$73,642,440$31,526,367$24,367,020$57,154,228
67$81,099,562$33,016,752$25,128,908$62,144,848
68$89,315,597$34,578,453$25,914,606$67,614,051
69$98,367,900$36,214,908$26,724,857$73,609,496
70$108,341,714$37,929,727$27,560,427$80,183,654
71$119,330,975$39,726,691$28,422,109$87,394,301
72$131,439,202$41,609,766$29,310,716$95,305,054
73$144,780,466$43,583,110$30,227,091$103,985,969
74$159,480,475$45,651,084$31,172,100$113,514,192
75$175,677,756$47,818,259$32,146,638$123,974,681
76$193,524,962$50,089,429$33,151,625$135,460,999
77$213,190,319$52,469,621$34,188,015$148,076,194
78$234,859,204$54,964,106$35,256,786$161,933,757
79$258,735,905$57,578,409$36,358,951$177,158,690
80$285,045,543$60,318,327$37,495,552$193,888,673
81$314,036,200$63,189,936$38,667,664$212,275,360
82$345,981,258$66,199,608$39,876,396$232,485,793
83$381,181,982$69,354,025$41,122,891$254,703,976
84$419,970,366$72,660,194$42,408,330$279,132,598
85$462,712,261$76,125,461$43,733,927$305,994,935
86$509,810,834$79,757,532$45,100,936$335,536,948
87$561,710,372$83,564,484$46,510,650$368,029,591
88$618,900,477$87,554,790$47,964,404$403,771,359
89$681,920,685$91,737,334$49,463,571$443,091,088
90$751,365,563$96,121,432$51,009,569$486,351,053
91$827,890,322$100,716,854$52,603,861$533,950,366
92$912,216,999$105,533,843$54,247,953$586,328,734
93$1,005,141,275$110,583,143$55,943,402$643,970,593
94$1,107,539,988$115,876,021$57,691,810$707,409,663
95$1,220,379,411$121,424,290$59,494,830$777,233,975
96$1,344,724,371$127,240,341$61,354,167$854,091,398
97$1,481,748,305$133,337,165$63,271,578$938,695,743
98$1,632,744,334$139,728,388$65,248,878$1,031,833,476
99$1,799,137,475$146,428,298$67,287,935$1,134,371,129
100$1,982,498,093$153,451,881$69,390,677$1,247,263,455