Can I retire at age 50 with 14,600,000?

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 $14,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$1,205,654$1,194,915$1,184,437$1,174,210$1,164,225$1,124,707
2 years$596,859$585,743$574,970$564,524$554,393$514,976
3 years$393,953$382,789$372,043$361,696$351,729$313,651
4 years$292,520$281,391$270,752$260,582$250,856$214,408
5 years$231,677$220,614$210,115$200,152$190,697$155,974
6 years$191,127$180,148$169,804$160,063$150,892$117,923
7 years$162,175$151,288$141,108$131,597$122,716$91,495
8 years$140,471$129,682$119,671$110,393$101,804$72,308
9 years$123,598$112,911$103,072$94,030$85,734$57,926
10 years$110,108$99,526$89,861$81,055$73,050$46,884
11 years$99,078$88,602$79,112$70,542$62,825$38,251
12 years$89,893$79,524$70,210$61,875$54,443$31,405
13 years$82,127$71,867$62,728$54,626$47,475$25,913
14 years$75,476$65,325$56,361$48,491$41,617$21,468
15 years$69,718$59,675$50,887$43,246$36,643$17,844
16 years$64,684$54,751$46,136$38,722$32,385$14,872
17 years$60,246$50,424$41,982$34,791$28,715$12,422
18 years$56,307$46,594$38,324$31,354$25,532$10,395
19 years$52,786$43,183$35,084$28,331$22,757$8,711
20 years$49,621$40,127$32,198$25,659$20,327$7,310
21 years$46,761$37,377$29,616$23,287$18,190$6,140
22 years$44,165$34,890$27,296$21,173$16,305$5,162
23 years$41,798$32,632$25,203$19,283$14,636$4,343
24 years$39,631$30,574$23,309$17,587$13,155$3,656
25 years$37,641$28,692$21,588$16,062$11,838$3,079
26 years$35,807$26,966$20,022$14,686$10,663$2,595
27 years$34,112$25,378$18,592$13,442$9,614$2,187
28 years$32,540$23,914$17,284$12,316$8,675$1,844
29 years$31,080$22,560$16,084$11,294$7,833$1,556
30 years$29,719$21,305$14,982$10,365$7,078$1,312
31 years$28,449$20,141$13,967$9,520$6,399$1,107
32 years$27,261$19,057$13,032$8,749$5,788$934
33 years$26,146$18,047$12,168$8,045$5,238$789
34 years$25,100$17,105$11,369$7,402$4,743$666
35 years$24,116$16,224$10,629$6,814$4,296$562
36 years$23,188$15,399$9,943$6,276$3,892$474
37 years$22,313$14,625$9,307$5,782$3,528$401
38 years$21,485$13,899$8,715$5,330$3,198$338
39 years$20,702$13,217$8,165$4,914$2,900$286
40 years$19,961$12,575$7,653$4,533$2,630$241
41 years$19,257$11,970$7,176$4,182$2,386$204
42 years$18,588$11,400$6,732$3,859$2,165$172
43 years$17,952$10,862$6,317$3,563$1,965$145
44 years$17,347$10,353$5,929$3,290$1,784$123
45 years$16,770$9,873$5,567$3,038$1,619$104
46 years$16,220$9,418$5,229$2,806$1,470$87
47 years$15,695$8,988$4,913$2,593$1,335$74
48 years$15,193$8,580$4,617$2,396$1,213$62
49 years$14,714$8,194$4,339$2,214$1,101$53
50 years$14,255$7,827$4,080$2,046$1,000$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $14,600,000, adding $4,082 every year, while hoping to spend $20,587 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: 52/35/13 Blend
49$14,600,000$14,600,000$14,600,000$14,600,000
50$16,093,411$15,319,611$15,093,311$16,874,311
51$17,713,034$16,048,367$15,577,032$18,136,920
52$19,497,169$16,812,143$16,076,268$19,506,847
53$21,462,574$17,612,632$16,591,517$20,996,282
54$23,627,717$18,451,610$17,123,293$22,616,527
55$26,012,946$19,330,942$17,672,125$24,380,001
56$28,640,688$20,252,579$18,238,563$26,300,343
57$31,535,654$21,218,571$18,823,170$28,392,543
58$34,725,075$22,231,066$19,426,531$30,673,073
59$38,238,960$23,292,315$20,049,247$33,160,036
60$42,110,377$24,404,681$20,691,940$35,873,333
61$46,375,766$25,570,642$21,355,251$38,834,841
62$51,075,284$26,792,793$22,039,842$42,068,614
63$56,253,182$28,073,859$22,746,396$45,601,102
64$61,958,225$29,416,697$23,475,618$49,461,392
65$68,244,150$30,824,300$24,228,237$53,681,475
66$75,170,174$32,299,812$25,005,003$58,296,539
67$82,801,553$33,846,524$25,806,693$63,345,294
68$91,210,200$35,467,892$26,634,106$68,870,321
69$100,475,360$37,167,539$27,488,068$74,918,475
70$110,684,360$38,949,262$28,369,432$81,541,306
71$121,933,435$40,817,045$29,279,077$88,795,540
72$134,328,632$42,775,067$30,217,913$96,743,605
73$147,986,816$44,827,709$31,186,877$105,454,202
74$163,036,769$46,979,565$32,186,935$115,002,946
75$179,620,410$49,235,454$33,219,088$125,473,065
76$197,894,130$51,600,429$34,284,365$136,956,171
77$218,030,270$54,079,790$35,383,831$149,553,113
78$240,218,752$56,679,093$36,518,583$163,374,910
79$264,668,865$59,404,169$37,689,756$178,543,785
80$291,611,245$62,261,129$38,898,519$195,194,306
81$321,300,052$65,256,384$40,146,079$213,474,630
82$354,015,367$68,396,657$41,433,683$233,547,892
83$390,065,840$71,688,999$42,762,616$255,593,721
84$429,791,600$75,140,804$44,134,208$279,809,920
85$473,567,467$78,759,827$45,549,828$306,414,306
86$521,806,492$82,554,202$47,010,891$335,646,750
87$574,963,854$86,532,458$48,518,856$367,771,417
88$633,541,160$90,703,541$50,075,230$403,079,233
89$698,091,178$95,076,834$51,681,570$441,890,612
90$769,223,055$99,662,176$53,339,480$484,558,447
91$847,608,071$104,469,887$55,050,616$531,471,419
92$933,985,973$109,510,790$56,816,691$583,057,639
93$1,029,171,960$114,796,237$58,639,468$639,788,651
94$1,134,064,379$120,338,132$60,520,769$702,183,861
95$1,249,653,207$126,148,961$62,462,476$770,815,402
96$1,377,029,395$132,241,821$64,466,529$846,313,502
97$1,517,395,167$138,630,444$66,534,933$929,372,396
98$1,672,075,375$145,329,237$68,669,754$1,020,756,842
99$1,842,530,000$152,353,307$70,873,127$1,121,309,302
100$2,030,367,940$159,718,498$73,147,256$1,231,957,854