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%18.5%
1 years$1,205,654$1,194,915$1,184,437$1,174,210$1,164,225$1,124,259
2 years$596,859$585,743$574,970$564,524$554,393$514,535
3 years$393,953$382,789$372,043$361,696$351,729$313,232
4 years$292,520$281,391$270,752$260,582$250,856$214,013
5 years$231,677$220,614$210,115$200,152$190,697$155,605
6 years$191,127$180,148$169,804$160,063$150,892$117,579
7 years$162,175$151,288$141,108$131,597$122,716$91,176
8 years$140,471$129,682$119,671$110,393$101,804$72,013
9 years$123,598$112,911$103,072$94,030$85,734$57,654
10 years$110,108$99,526$89,861$81,055$73,050$46,635
11 years$99,078$88,602$79,112$70,542$62,825$38,024
12 years$89,893$79,524$70,210$61,875$54,443$31,197
13 years$82,127$71,867$62,728$54,626$47,475$25,724
14 years$75,476$65,325$56,361$48,491$41,617$21,297
15 years$69,718$59,675$50,887$43,246$36,643$17,689
16 years$64,684$54,751$46,136$38,722$32,385$14,732
17 years$60,246$50,424$41,982$34,791$28,715$12,296
18 years$56,307$46,594$38,324$31,354$25,532$10,282
19 years$52,786$43,183$35,084$28,331$22,757$8,610
20 years$49,621$40,127$32,198$25,659$20,327$7,219
21 years$46,761$37,377$29,616$23,287$18,190$6,059
22 years$44,165$34,890$27,296$21,173$16,305$5,090
23 years$41,798$32,632$25,203$19,283$14,636$4,279
24 years$39,631$30,574$23,309$17,587$13,155$3,600
25 years$37,641$28,692$21,588$16,062$11,838$3,029
26 years$35,807$26,966$20,022$14,686$10,663$2,551
27 years$34,112$25,378$18,592$13,442$9,614$2,148
28 years$32,540$23,914$17,284$12,316$8,675$1,810
29 years$31,080$22,560$16,084$11,294$7,833$1,525
30 years$29,719$21,305$14,982$10,365$7,078$1,286
31 years$28,449$20,141$13,967$9,520$6,399$1,084
32 years$27,261$19,057$13,032$8,749$5,788$914
33 years$26,146$18,047$12,168$8,045$5,238$771
34 years$25,100$17,105$11,369$7,402$4,743$650
35 years$24,116$16,224$10,629$6,814$4,296$548
36 years$23,188$15,399$9,943$6,276$3,892$463
37 years$22,313$14,625$9,307$5,782$3,528$390
38 years$21,485$13,899$8,715$5,330$3,198$329
39 years$20,702$13,217$8,165$4,914$2,900$278
40 years$19,961$12,575$7,653$4,533$2,630$234
41 years$19,257$11,970$7,176$4,182$2,386$198
42 years$18,588$11,400$6,732$3,859$2,165$167
43 years$17,952$10,862$6,317$3,563$1,965$141
44 years$17,347$10,353$5,929$3,290$1,784$119
45 years$16,770$9,873$5,567$3,038$1,619$100
46 years$16,220$9,418$5,229$2,806$1,470$85
47 years$15,695$8,988$4,913$2,593$1,335$71
48 years$15,193$8,580$4,617$2,396$1,213$60
49 years$14,714$8,194$4,339$2,214$1,101$51
50 years$14,255$7,827$4,080$2,046$1,000$43

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 $2,394 every year, while hoping to spend $29,556 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: 63/12/25 Blend
49$14,600,000$14,600,000$14,600,000$14,600,000
50$16,091,669$15,317,869$15,091,569$16,999,106
51$17,701,572$16,036,998$15,565,690$18,332,485
52$19,474,695$16,790,373$16,054,702$19,784,754
53$21,427,654$17,579,641$16,559,075$21,370,366
54$23,578,761$18,406,530$17,079,290$23,102,376
55$25,948,194$19,272,849$17,615,846$24,995,148
56$28,558,187$20,180,496$18,169,254$27,064,492
57$31,433,243$21,131,461$18,740,045$29,327,805
58$34,600,361$22,127,831$19,328,764$31,804,236
59$38,089,295$23,171,791$19,935,975$34,514,861
60$41,932,831$24,265,636$20,562,257$37,482,883
61$46,167,097$25,411,771$21,208,211$40,733,841
62$50,831,908$26,612,714$21,874,453$44,295,854
63$55,971,137$27,871,111$22,561,621$48,199,878
64$61,633,129$29,189,732$23,270,372$52,479,997
65$67,871,162$30,571,483$24,001,383$57,173,740
66$74,743,946$32,019,410$24,755,354$62,322,432
67$82,316,176$33,536,709$25,533,006$67,971,575
68$90,659,146$35,126,728$26,335,082$74,171,281
69$99,851,421$36,792,980$27,162,350$80,976,735
70$109,979,577$38,539,147$28,015,599$88,448,710
71$121,139,019$40,369,090$28,895,647$96,654,140
72$133,434,882$42,286,859$29,803,334$105,666,743
73$146,983,023$44,296,698$30,739,529$115,567,713
74$161,911,115$46,403,060$31,705,127$126,446,479
75$178,359,851$48,610,612$32,701,051$138,401,545
76$196,484,272$50,924,248$33,728,253$151,541,414
77$216,455,234$53,349,102$34,787,715$165,985,601
78$238,461,014$55,890,555$35,880,450$181,865,763
79$262,709,096$58,554,251$37,007,504$199,326,924
80$289,428,122$61,346,107$38,169,953$218,528,847
81$318,870,053$64,272,329$39,368,909$239,647,526
82$351,312,550$67,339,424$40,605,519$262,876,846
83$387,061,590$70,554,216$41,880,964$288,430,399
84$426,454,360$73,923,860$43,196,464$316,543,497
85$469,862,436$77,455,861$44,553,276$347,475,379
86$517,695,292$81,158,085$45,952,699$381,511,652
87$570,404,166$85,038,786$47,396,069$418,966,979
88$628,486,321$89,106,616$48,884,766$460,188,034
89$692,489,734$93,370,649$50,420,214$505,556,766
90$763,018,276$97,840,400$52,003,881$555,493,997
91$840,737,409$102,525,848$53,637,280$610,463,377
92$926,380,469$107,437,459$55,321,973$670,975,752
93$1,020,755,588$112,586,205$57,059,570$737,593,976
94$1,124,753,324$117,983,596$58,851,733$810,938,204
95$1,239,355,071$123,641,700$60,700,173$891,691,741
96$1,365,642,319$129,573,174$62,606,660$980,607,472
97$1,504,806,867$135,791,291$64,573,014$1,078,514,958
98$1,658,162,072$142,309,969$66,601,115$1,186,328,249
99$1,827,155,254$149,143,808$68,692,902$1,305,054,499
100$2,013,381,350$156,308,115$70,850,375$1,435,803,453