Can I retire at age 50 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,150,411
2 years$592,771$581,731$571,031$560,658$550,595$544,702
3 years$391,255$380,167$369,495$359,219$349,320$343,555
4 years$290,517$279,463$268,898$258,797$249,138$243,546
5 years$230,090$219,103$208,676$198,781$189,391$183,989
6 years$189,818$178,914$168,641$158,967$149,859$144,653
7 years$161,064$150,252$140,141$130,695$121,875$116,868
8 years$139,508$128,793$118,851$109,637$101,107$96,300
9 years$122,752$112,138$102,366$93,386$85,147$80,538
10 years$109,354$98,844$89,245$80,500$72,549$68,136
11 years$98,400$87,995$78,570$70,059$62,395$58,175
12 years$89,277$78,980$69,729$61,451$54,070$50,040
13 years$81,565$71,374$62,298$54,252$47,150$43,306
14 years$74,959$64,877$55,975$48,159$41,332$37,669
15 years$69,240$59,267$50,538$42,949$36,392$32,906
16 years$64,240$54,376$45,820$38,457$32,163$28,850
17 years$59,834$50,078$41,695$34,553$28,518$25,372
18 years$55,921$46,275$38,062$31,139$25,357$22,373
19 years$52,424$42,887$34,844$28,137$22,601$19,774
20 years$49,281$39,852$31,978$25,483$20,188$17,511
21 years$46,441$37,121$29,413$23,128$18,066$15,535
22 years$43,862$34,651$27,109$21,028$16,193$13,803
23 years$41,511$32,408$25,030$19,151$14,536$12,280
24 years$39,360$30,365$23,149$17,467$13,065$10,938
25 years$37,383$28,496$21,441$15,952$11,757$9,753
26 years$35,562$26,781$19,885$14,585$10,590$8,704
27 years$33,878$25,204$18,465$13,350$9,548$7,775
28 years$32,317$23,750$17,166$12,232$8,615$6,949
29 years$30,867$22,405$15,974$11,217$7,779$6,216
30 years$29,516$21,160$14,879$10,294$7,029$5,563
31 years$28,254$20,003$13,871$9,454$6,355$4,981
32 years$27,074$18,927$12,942$8,689$5,749$4,462
33 years$25,967$17,924$12,084$7,990$5,202$3,998
34 years$24,928$16,988$11,291$7,352$4,710$3,584
35 years$23,951$16,113$10,556$6,768$4,266$3,214
36 years$23,029$15,293$9,875$6,233$3,865$2,883
37 years$22,160$14,525$9,243$5,743$3,503$2,587
38 years$21,338$13,804$8,656$5,293$3,176$2,322
39 years$20,561$13,126$8,109$4,881$2,880$2,084
40 years$19,824$12,489$7,601$4,502$2,612$1,871
41 years$19,125$11,888$7,127$4,153$2,370$1,680
42 years$18,461$11,322$6,686$3,833$2,151$1,509
43 years$17,829$10,787$6,273$3,538$1,952$1,356
44 years$17,228$10,282$5,889$3,267$1,772$1,218
45 years$16,655$9,805$5,529$3,017$1,608$1,094
46 years$16,109$9,354$5,193$2,787$1,460$983
47 years$15,588$8,926$4,879$2,575$1,326$883
48 years$15,089$8,521$4,585$2,379$1,204$794
49 years$14,613$8,138$4,310$2,199$1,094$713
50 years$14,157$7,773$4,052$2,032$993$641

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $14,500,000, adding $2,913 every year, while hoping to spend $47,950 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: 35/36/29 Blend
49$14,500,000$14,500,000$14,500,000$14,500,000
50$15,982,005$15,213,505$14,988,755$16,401,652
51$17,561,151$15,907,948$15,439,860$17,411,588
52$19,299,763$16,634,812$15,904,469$18,496,015
53$21,214,055$17,395,635$16,382,986$19,665,198
54$23,321,896$18,192,028$16,875,823$20,926,760
55$25,642,972$19,025,680$17,383,406$22,289,062
56$28,198,979$19,898,362$17,906,174$23,761,269
57$31,013,822$20,811,929$18,444,578$25,353,440
58$34,113,843$21,768,325$18,999,082$27,076,606
59$37,528,070$22,769,587$19,570,166$28,942,879
60$41,288,488$23,817,852$20,158,322$30,965,548
61$45,430,344$24,915,357$20,764,056$33,159,205
62$49,992,478$26,064,449$21,387,891$35,539,874
63$55,017,689$27,267,585$22,030,364$38,125,151
64$60,553,141$28,527,344$22,692,028$40,934,368
65$66,650,803$29,846,425$23,373,452$43,988,759
66$73,367,945$31,227,661$24,075,224$47,311,659
67$80,767,678$32,674,018$24,797,945$50,928,709
68$88,919,543$34,188,607$25,542,239$54,868,096
69$97,900,176$35,774,688$26,308,743$59,160,798
70$107,794,024$37,435,678$27,098,117$63,840,876
71$118,694,148$39,175,160$27,911,037$68,945,779
72$130,703,097$40,996,889$28,748,203$74,516,687
73$143,933,876$42,904,799$29,610,331$80,598,889
74$158,511,015$44,903,018$30,498,160$87,242,195
75$174,571,742$46,995,870$31,412,452$94,501,396
76$192,267,281$49,187,888$32,353,990$102,436,766
77$211,764,275$51,483,826$33,323,580$111,114,615
78$233,246,363$53,888,666$34,322,052$120,607,904
79$256,915,911$56,407,629$35,350,260$130,996,913
80$282,995,923$59,046,192$36,409,083$142,369,988
81$311,732,146$61,810,094$37,499,426$154,824,350
82$343,395,389$64,705,353$38,622,221$168,467,004
83$378,284,079$67,738,276$39,778,426$183,415,722
84$416,727,080$70,915,477$40,969,028$199,800,140
85$459,086,795$74,243,888$42,195,043$217,762,960
86$505,762,588$77,730,778$43,457,517$237,461,276
87$557,194,553$81,383,767$44,757,525$259,068,032
88$613,867,671$85,210,845$46,096,175$282,773,634
89$676,316,383$89,220,387$47,474,608$308,787,722
90$745,129,642$93,421,173$48,893,995$337,341,122
91$820,956,466$97,822,412$50,355,544$368,688,000
92$904,512,070$102,433,754$51,860,499$403,108,231
93$996,584,614$107,265,321$53,410,139$440,910,016
94$1,098,042,645$112,327,722$55,005,779$482,432,754
95$1,209,843,297$117,632,083$56,648,775$528,050,219
96$1,333,041,326$123,190,067$58,340,521$578,174,054
97$1,468,799,064$129,013,903$60,082,451$633,257,619
98$1,618,397,398$135,116,414$61,876,043$693,800,237
99$1,783,247,859$141,511,045$63,722,817$760,351,869
100$1,964,905,946$148,211,891$65,624,336$833,518,264