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%13.7%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,130,650
2 years$588,682$577,719$567,093$556,791$546,798$529,083
3 years$388,557$377,546$366,947$356,741$346,911$329,658
4 years$288,513$277,536$267,043$257,012$247,420$230,761
5 years$228,503$217,592$207,237$197,410$188,085$172,069
6 years$188,509$177,680$167,478$157,870$148,825$133,471
7 years$159,953$149,215$139,175$129,794$121,035$106,348
8 years$138,546$127,905$118,031$108,881$100,410$86,387
9 years$121,905$111,364$101,660$92,742$84,560$71,194
10 years$108,600$98,162$88,630$79,945$72,049$59,330
11 years$97,721$87,388$78,028$69,576$61,965$49,879
12 years$88,662$78,435$69,248$61,027$53,697$42,230
13 years$81,002$70,882$61,869$53,878$46,825$35,961
14 years$74,442$64,430$55,589$47,827$41,047$30,767
15 years$68,762$58,858$50,190$42,653$36,141$26,427
16 years$63,797$54,001$45,504$38,191$31,941$22,775
17 years$59,421$49,733$41,407$34,315$28,321$19,682
18 years$55,535$45,955$37,799$30,924$25,182$17,049
19 years$52,063$42,591$34,603$27,943$22,445$14,799
20 years$48,941$39,578$31,757$25,308$20,048$12,868
21 years$46,120$36,865$29,211$22,968$17,941$11,205
22 years$43,560$34,412$26,922$20,883$16,082$9,770
23 years$41,225$32,185$24,858$19,019$14,436$8,528
24 years$39,088$30,155$22,989$17,346$12,975$7,451
25 years$37,125$28,299$21,293$15,842$11,676$6,515
26 years$35,316$26,597$19,748$14,485$10,517$5,701
27 years$33,644$25,031$18,338$13,258$9,482$4,992
28 years$32,094$23,586$17,047$12,147$8,556$4,374
29 years$30,654$22,251$15,864$11,139$7,726$3,834
30 years$29,312$21,014$14,777$10,223$6,981$3,362
31 years$28,059$19,865$13,776$9,389$6,311$2,949
32 years$26,887$18,796$12,853$8,629$5,709$2,588
33 years$25,788$17,800$12,001$7,935$5,167$2,271
34 years$24,756$16,871$11,213$7,301$4,678$1,994
35 years$23,785$16,002$10,483$6,721$4,237$1,751
36 years$22,871$15,188$9,807$6,190$3,839$1,538
37 years$22,007$14,425$9,179$5,703$3,479$1,351
38 years$21,191$13,709$8,596$5,257$3,154$1,187
39 years$20,419$13,036$8,053$4,847$2,860$1,043
40 years$19,687$12,402$7,548$4,471$2,594$917
41 years$18,993$11,806$7,078$4,125$2,354$806
42 years$18,333$11,244$6,639$3,807$2,136$708
43 years$17,706$10,713$6,230$3,514$1,938$622
44 years$17,109$10,212$5,848$3,245$1,759$547
45 years$16,540$9,738$5,491$2,996$1,597$481
46 years$15,998$9,289$5,157$2,768$1,450$423
47 years$15,480$8,865$4,845$2,557$1,317$372
48 years$14,985$8,463$4,553$2,363$1,196$327
49 years$14,512$8,081$4,280$2,184$1,086$287
50 years$14,059$7,720$4,024$2,018$987$253

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 $5,825 every year, while hoping to spend $53,692 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: 35/39/26 Blend
49$14,400,000$14,400,000$14,400,000$14,400,000
50$15,874,808$15,111,608$14,888,408$16,305,506
51$17,436,911$15,794,949$15,330,042$17,310,253
52$19,156,549$16,509,975$15,784,671$18,388,319
53$21,049,733$17,258,180$16,252,674$19,550,493
54$23,134,107$18,041,132$16,734,440$20,804,327
55$25,429,113$18,860,474$17,230,371$22,158,099
56$27,956,172$19,717,927$17,740,878$23,620,885
57$30,738,890$20,615,294$18,266,385$25,202,644
58$33,803,277$21,554,464$18,807,330$26,914,297
59$37,177,996$22,537,417$19,364,160$28,767,830
60$40,894,630$23,566,229$19,937,338$30,776,398
61$44,987,982$24,643,074$20,527,338$32,954,442
62$49,496,402$25,770,230$21,134,650$35,317,817
63$54,462,149$26,950,085$21,759,775$37,883,934
64$59,931,792$28,185,143$22,403,231$40,671,919
65$65,956,645$29,478,026$23,065,549$43,702,779
66$72,593,255$30,831,481$23,747,278$46,999,595
67$79,903,934$32,248,391$24,448,979$50,587,732
68$87,957,347$33,731,773$25,171,231$54,495,064
69$96,829,158$35,284,793$25,914,629$58,752,230
70$106,602,750$36,910,765$26,679,787$63,392,911
71$117,370,004$38,613,166$27,467,333$68,454,137
72$129,232,172$40,395,638$28,277,916$73,976,627
73$142,300,829$42,262,001$29,112,202$80,005,156
74$156,698,929$44,216,254$29,970,877$86,588,969
75$172,561,963$46,262,594$30,854,644$93,782,229
76$190,039,239$48,405,416$31,764,230$101,644,520
77$209,295,289$50,649,329$32,700,379$110,241,386
78$230,511,426$52,999,164$33,663,859$119,644,944
79$253,887,451$55,459,982$34,655,458$129,934,539
80$279,643,542$58,037,093$35,675,988$141,197,484
81$308,022,331$60,736,058$36,726,281$153,529,862
82$339,291,194$63,562,710$37,807,196$167,037,416
83$373,744,774$66,523,161$38,919,616$181,836,530
84$411,707,765$69,623,820$40,064,447$198,055,301
85$453,537,972$72,871,403$41,242,621$215,834,737
86$499,629,696$76,272,952$42,455,099$235,330,055
87$550,417,447$79,835,848$43,702,867$256,712,134
88$606,380,053$83,567,831$44,986,939$280,169,094
89$668,045,175$87,477,012$46,308,359$305,908,055
90$735,994,292$91,571,894$47,668,198$334,157,061
91$810,868,187$95,861,394$49,067,560$365,167,205
92$893,372,997$100,354,858$50,507,578$399,214,974
93$984,286,880$105,062,083$51,989,419$436,604,825
94$1,084,467,359$109,993,342$53,514,282$477,672,029
95$1,194,859,418$115,159,404$55,083,399$522,785,805
96$1,316,504,423$120,571,560$56,698,037$572,352,768
97$1,450,549,953$126,241,645$58,359,501$626,820,731
98$1,598,260,633$132,182,071$60,069,128$686,682,897
99$1,761,030,071$138,405,846$61,828,298$752,482,476
100$1,940,394,018$144,926,612$63,638,426$824,817,767