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

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 $14,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,110,186
2 years$588,682$577,719$567,093$556,791$546,798$508,793
3 years$388,557$377,546$366,947$356,741$346,911$310,184
4 years$288,513$277,536$267,043$257,012$247,420$212,251
5 years$228,503$217,592$207,237$197,410$188,085$154,569
6 years$188,509$177,680$167,478$157,870$148,825$116,989
7 years$159,953$149,215$139,175$129,794$121,035$90,874
8 years$138,546$127,905$118,031$108,881$100,410$71,902
9 years$121,905$111,364$101,660$92,742$84,560$57,671
10 years$108,600$98,162$88,630$79,945$72,049$46,737
11 years$97,721$87,388$78,028$69,576$61,965$38,181
12 years$88,662$78,435$69,248$61,027$53,697$31,388
13 years$81,002$70,882$61,869$53,878$46,825$25,935
14 years$74,442$64,430$55,589$47,827$41,047$21,516
15 years$68,762$58,858$50,190$42,653$36,141$17,910
16 years$63,797$54,001$45,504$38,191$31,941$14,948
17 years$59,421$49,733$41,407$34,315$28,321$12,504
18 years$55,535$45,955$37,799$30,924$25,182$10,479
19 years$52,063$42,591$34,603$27,943$22,445$8,795
20 years$48,941$39,578$31,757$25,308$20,048$7,391
21 years$46,120$36,865$29,211$22,968$17,941$6,218
22 years$43,560$34,412$26,922$20,883$16,082$5,236
23 years$41,225$32,185$24,858$19,019$14,436$4,412
24 years$39,088$30,155$22,989$17,346$12,975$3,720
25 years$37,125$28,299$21,293$15,842$11,676$3,139
26 years$35,316$26,597$19,748$14,485$10,517$2,649
27 years$33,644$25,031$18,338$13,258$9,482$2,237
28 years$32,094$23,586$17,047$12,147$8,556$1,889
29 years$30,654$22,251$15,864$11,139$7,726$1,596
30 years$29,312$21,014$14,777$10,223$6,981$1,348
31 years$28,059$19,865$13,776$9,389$6,311$1,140
32 years$26,887$18,796$12,853$8,629$5,709$963
33 years$25,788$17,800$12,001$7,935$5,167$814
34 years$24,756$16,871$11,213$7,301$4,678$689
35 years$23,785$16,002$10,483$6,721$4,237$582
36 years$22,871$15,188$9,807$6,190$3,839$492
37 years$22,007$14,425$9,179$5,703$3,479$416
38 years$21,191$13,709$8,596$5,257$3,154$352
39 years$20,419$13,036$8,053$4,847$2,860$298
40 years$19,687$12,402$7,548$4,471$2,594$252
41 years$18,993$11,806$7,078$4,125$2,354$213
42 years$18,333$11,244$6,639$3,807$2,136$180
43 years$17,706$10,713$6,230$3,514$1,938$152
44 years$17,109$10,212$5,848$3,245$1,759$129
45 years$16,540$9,738$5,491$2,996$1,597$109
46 years$15,998$9,289$5,157$2,768$1,450$92
47 years$15,480$8,865$4,845$2,557$1,317$78
48 years$14,985$8,463$4,553$2,363$1,196$66
49 years$14,512$8,081$4,280$2,184$1,086$56
50 years$14,059$7,720$4,024$2,018$987$47

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 $4,591 every year, while hoping to spend $34,484 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: 66/15/19 Blend
49$14,400,000$14,400,000$14,400,000$14,400,000
50$15,873,536$15,110,336$14,887,136$16,845,680
51$17,455,946$15,814,051$15,349,164$18,201,411
52$19,198,606$16,551,093$15,825,514$19,678,488
53$21,117,825$17,323,058$16,316,631$21,292,378
54$23,231,574$18,131,620$16,822,969$23,056,505
55$25,559,658$18,978,532$17,345,002$24,985,640
56$28,123,898$19,865,635$17,883,214$27,096,041
57$30,948,341$20,794,857$18,438,107$29,405,598
58$34,059,485$21,768,218$19,010,197$31,934,005
59$37,486,529$22,787,837$19,600,016$34,702,936
60$41,261,651$23,855,937$20,208,112$37,736,252
61$45,420,307$24,974,846$20,835,052$41,060,219
62$50,001,571$26,147,005$21,481,418$44,703,754
63$55,048,497$27,374,975$22,147,811$48,698,694
64$60,608,533$28,661,438$22,834,853$53,080,091
65$66,733,963$30,009,208$23,543,180$57,886,541
66$73,482,403$31,421,235$24,273,452$63,160,544
67$80,917,343$32,900,611$25,026,348$68,948,896
68$89,108,749$34,450,578$25,802,567$75,303,132
69$98,133,720$36,074,535$26,602,832$82,280,007
70$108,077,219$37,776,046$27,427,886$89,942,020
71$119,032,871$39,558,847$28,278,495$98,358,007
72$131,103,850$41,426,857$29,155,451$107,603,781
73$144,403,852$43,384,183$30,059,568$117,762,840
74$159,058,168$45,435,131$30,991,687$128,927,155
75$175,204,865$47,584,217$31,952,673$141,198,025
76$192,996,093$49,836,175$32,943,419$154,687,031
77$212,599,517$52,195,969$33,964,845$169,517,082
78$234,199,900$54,668,805$35,017,901$185,823,567
79$258,000,853$57,260,139$36,103,564$203,755,625
80$284,226,749$59,975,695$37,222,842$223,477,547
81$313,124,846$62,821,472$38,376,775$245,170,316
82$344,967,617$65,803,761$39,566,434$269,033,308
83$380,055,329$68,929,160$40,792,924$295,286,169
84$418,718,869$72,204,586$42,057,384$324,170,871
85$461,322,874$75,637,290$43,360,986$355,953,995
86$508,269,169$79,234,880$44,704,942$390,929,230
87$560,000,565$83,005,330$46,090,498$429,420,141
88$617,005,033$86,957,002$47,518,941$471,783,209
89$679,820,316$91,098,665$48,991,595$518,411,184
90$749,039,003$95,439,513$50,509,827$569,736,783
91$825,314,121$99,989,189$52,075,046$626,236,762
92$909,365,305$104,757,803$53,688,704$688,436,400
93$1,001,985,587$109,755,957$55,352,297$756,914,449
94$1,104,048,887$114,994,769$57,067,369$832,308,580
95$1,216,518,258$120,485,897$58,835,510$915,321,388
96$1,340,454,980$126,241,566$60,658,360$1,006,727,010
97$1,477,028,582$132,274,596$62,537,609$1,107,378,416
98$1,627,527,878$138,598,432$64,474,999$1,218,215,446
99$1,793,373,137$145,227,171$66,472,327$1,340,273,659
100$1,976,129,491$152,175,596$68,531,444$1,474,694,099