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%14.4%
1 years$1,205,654$1,194,915$1,184,437$1,174,210$1,164,225$1,143,057
2 years$596,859$585,743$574,970$564,524$554,393$533,142
3 years$393,953$382,789$372,043$361,696$351,729$331,058
4 years$292,520$281,391$270,752$260,582$250,856$230,924
5 years$231,677$220,614$210,115$200,152$190,697$171,560
6 years$191,127$180,148$169,804$160,063$150,892$132,572
7 years$162,175$151,288$141,108$131,597$122,716$105,218
8 years$140,471$129,682$119,671$110,393$101,804$85,124
9 years$123,598$112,911$103,072$94,030$85,734$69,861
10 years$110,108$99,526$89,861$81,055$73,050$57,971
11 years$99,078$88,602$79,112$70,542$62,825$48,523
12 years$89,893$79,524$70,210$61,875$54,443$40,897
13 years$82,127$71,867$62,728$54,626$47,475$34,665
14 years$75,476$65,325$56,361$48,491$41,617$29,519
15 years$69,718$59,675$50,887$43,246$36,643$25,234
16 years$64,684$54,751$46,136$38,722$32,385$21,640
17 years$60,246$50,424$41,982$34,791$28,715$18,608
18 years$56,307$46,594$38,324$31,354$25,532$16,038
19 years$52,786$43,183$35,084$28,331$22,757$13,849
20 years$49,621$40,127$32,198$25,659$20,327$11,979
21 years$46,761$37,377$29,616$23,287$18,190$10,376
22 years$44,165$34,890$27,296$21,173$16,305$8,999
23 years$41,798$32,632$25,203$19,283$14,636$7,812
24 years$39,631$30,574$23,309$17,587$13,155$6,788
25 years$37,641$28,692$21,588$16,062$11,838$5,903
26 years$35,807$26,966$20,022$14,686$10,663$5,137
27 years$34,112$25,378$18,592$13,442$9,614$4,473
28 years$32,540$23,914$17,284$12,316$8,675$3,896
29 years$31,080$22,560$16,084$11,294$7,833$3,396
30 years$29,719$21,305$14,982$10,365$7,078$2,961
31 years$28,449$20,141$13,967$9,520$6,399$2,582
32 years$27,261$19,057$13,032$8,749$5,788$2,253
33 years$26,146$18,047$12,168$8,045$5,238$1,966
34 years$25,100$17,105$11,369$7,402$4,743$1,716
35 years$24,116$16,224$10,629$6,814$4,296$1,498
36 years$23,188$15,399$9,943$6,276$3,892$1,308
37 years$22,313$14,625$9,307$5,782$3,528$1,142
38 years$21,485$13,899$8,715$5,330$3,198$997
39 years$20,702$13,217$8,165$4,914$2,900$871
40 years$19,961$12,575$7,653$4,533$2,630$761
41 years$19,257$11,970$7,176$4,182$2,386$665
42 years$18,588$11,400$6,732$3,859$2,165$581
43 years$17,952$10,862$6,317$3,563$1,965$508
44 years$17,347$10,353$5,929$3,290$1,784$443
45 years$16,770$9,873$5,567$3,038$1,619$388
46 years$16,220$9,418$5,229$2,806$1,470$339
47 years$15,695$8,988$4,913$2,593$1,335$296
48 years$15,193$8,580$4,617$2,396$1,213$259
49 years$14,714$8,194$4,339$2,214$1,101$226
50 years$14,255$7,827$4,080$2,046$1,000$198

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 $4,737 every year, while hoping to spend $40,304 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: 54/33/13 Blend
49$14,600,000$14,600,000$14,600,000$14,600,000
50$16,094,086$15,320,286$15,093,986$16,908,275
51$17,692,800$16,028,097$15,556,752$18,170,447
52$19,453,231$16,769,240$16,033,669$19,538,785
53$21,391,834$17,545,305$16,525,169$21,027,200
54$23,526,736$18,357,961$17,031,698$22,647,118
55$25,877,916$19,208,954$17,553,713$24,411,093
56$28,467,387$20,100,116$18,091,686$26,332,924
57$31,319,407$21,033,368$18,646,103$28,427,776
58$34,460,706$22,010,722$19,217,467$30,712,319
59$37,920,738$23,034,288$19,806,293$33,204,882
60$41,731,963$24,106,278$20,413,113$35,925,617
61$45,930,147$25,229,009$21,038,477$38,896,684
62$50,554,704$26,404,913$21,682,947$42,142,455
63$55,649,066$27,636,535$22,347,108$45,689,735
64$61,261,093$28,926,547$23,031,558$49,568,011
65$67,443,524$30,277,749$23,736,915$53,809,719
66$74,254,479$31,693,073$24,463,817$58,450,545
67$81,758,000$33,175,598$25,212,919$63,529,754
68$90,024,661$34,728,547$25,984,897$69,090,550
69$99,132,233$36,355,303$26,780,448$75,180,478
70$109,166,417$38,059,409$27,600,289$81,851,858
71$120,221,652$39,844,581$28,445,159$89,162,278
72$132,402,010$41,714,714$29,315,821$97,175,117
73$145,822,173$43,673,894$30,213,060$105,960,141
74$160,608,521$45,726,400$31,137,683$115,594,146
75$176,900,319$47,876,723$32,090,524$126,161,674
76$194,851,037$50,129,568$33,072,442$137,755,795
77$214,629,795$52,489,869$34,084,322$150,478,977
78$236,422,961$54,962,799$35,127,073$164,444,036
79$260,435,909$57,553,782$36,201,636$179,775,191
80$286,894,959$60,268,505$37,308,978$196,609,218
81$316,049,511$63,112,928$38,450,095$215,096,729
82$348,174,402$66,093,303$39,626,015$235,403,575
83$383,572,500$69,216,183$40,837,795$257,712,398
84$422,577,559$72,488,440$42,086,525$282,224,334
85$465,557,375$75,917,279$43,373,328$309,160,897
86$512,917,255$79,510,253$44,699,362$338,766,047
87$565,103,842$83,275,283$46,065,819$371,308,474
88$622,609,336$87,220,674$47,473,926$407,084,118
89$685,976,135$91,355,134$48,924,949$446,418,933
90$755,801,958$95,687,792$50,420,192$489,671,945
91$832,745,487$100,228,223$51,960,997$537,238,618
92$917,532,585$104,986,465$53,548,749$589,554,561
93$1,010,963,150$109,973,042$55,184,873$647,099,610
94$1,113,918,663$115,198,993$56,870,838$710,402,338
95$1,227,370,512$120,675,889$58,608,157$780,045,006
96$1,352,389,162$126,415,866$60,398,388$856,669,039
97$1,490,154,261$132,431,647$62,243,138$940,981,041
98$1,641,965,774$138,736,576$64,144,062$1,033,759,437
99$1,809,256,258$145,344,644$66,102,863$1,135,861,787
100$1,993,604,386$152,270,521$68,121,299$1,248,232,841