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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.8%
1 years$1,205,654$1,194,915$1,184,437$1,174,210$1,164,225$1,145,881
2 years$596,859$585,743$574,970$564,524$554,393$535,959
3 years$393,953$382,789$372,043$361,696$351,729$333,780
4 years$292,520$281,391$270,752$260,582$250,856$233,529
5 years$231,677$220,614$210,115$200,152$190,697$174,042
6 years$191,127$180,148$169,804$160,063$150,892$134,928
7 years$162,175$151,288$141,108$131,597$122,716$107,448
8 years$140,471$129,682$119,671$110,393$101,804$87,231
9 years$123,598$112,911$103,072$94,030$85,734$71,847
10 years$110,108$99,526$89,861$81,055$73,050$59,837
11 years$99,078$88,602$79,112$70,542$62,825$50,274
12 years$89,893$79,524$70,210$61,875$54,443$42,538
13 years$82,127$71,867$62,728$54,626$47,475$36,199
14 years$75,476$65,325$56,361$48,491$41,617$30,950
15 years$69,718$59,675$50,887$43,246$36,643$26,566
16 years$64,684$54,751$46,136$38,722$32,385$22,878
17 years$60,246$50,424$41,982$34,791$28,715$19,757
18 years$56,307$46,594$38,324$31,354$25,532$17,102
19 years$52,786$43,183$35,084$28,331$22,757$14,834
20 years$49,621$40,127$32,198$25,659$20,327$12,888
21 years$46,761$37,377$29,616$23,287$18,190$11,215
22 years$44,165$34,890$27,296$21,173$16,305$9,771
23 years$41,798$32,632$25,203$19,283$14,636$8,522
24 years$39,631$30,574$23,309$17,587$13,155$7,440
25 years$37,641$28,692$21,588$16,062$11,838$6,501
26 years$35,807$26,966$20,022$14,686$10,663$5,684
27 years$34,112$25,378$18,592$13,442$9,614$4,973
28 years$32,540$23,914$17,284$12,316$8,675$4,353
29 years$31,080$22,560$16,084$11,294$7,833$3,813
30 years$29,719$21,305$14,982$10,365$7,078$3,341
31 years$28,449$20,141$13,967$9,520$6,399$2,928
32 years$27,261$19,057$13,032$8,749$5,788$2,567
33 years$26,146$18,047$12,168$8,045$5,238$2,251
34 years$25,100$17,105$11,369$7,402$4,743$1,975
35 years$24,116$16,224$10,629$6,814$4,296$1,733
36 years$23,188$15,399$9,943$6,276$3,892$1,521
37 years$22,313$14,625$9,307$5,782$3,528$1,335
38 years$21,485$13,899$8,715$5,330$3,198$1,172
39 years$20,702$13,217$8,165$4,914$2,900$1,029
40 years$19,961$12,575$7,653$4,533$2,630$903
41 years$19,257$11,970$7,176$4,182$2,386$793
42 years$18,588$11,400$6,732$3,859$2,165$697
43 years$17,952$10,862$6,317$3,563$1,965$612
44 years$17,347$10,353$5,929$3,290$1,784$537
45 years$16,770$9,873$5,567$3,038$1,619$472
46 years$16,220$9,418$5,229$2,806$1,470$415
47 years$15,695$8,988$4,913$2,593$1,335$364
48 years$15,193$8,580$4,617$2,396$1,213$320
49 years$14,714$8,194$4,339$2,214$1,101$281
50 years$14,255$7,827$4,080$2,046$1,000$247

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 $2,413 every year, while hoping to spend $26,653 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: 61/16/23 Blend
49$14,600,000$14,600,000$14,600,000$14,600,000
50$16,091,689$15,317,889$15,091,589$16,975,262
51$17,704,683$16,040,107$15,568,799$18,296,600
52$19,481,308$16,796,820$16,061,102$19,734,982
53$21,438,229$17,589,691$16,568,975$21,304,334
54$23,593,804$18,420,462$17,092,912$23,017,408
55$25,968,268$19,290,961$17,633,420$24,888,233
56$28,583,916$20,203,102$18,191,025$26,932,241
57$31,465,317$21,158,896$18,766,265$29,166,416
58$34,639,544$22,160,447$19,359,701$31,609,442
59$38,136,433$23,209,965$19,971,906$34,281,882
60$41,988,860$24,309,764$20,603,476$37,206,367
61$46,233,054$25,462,272$21,255,022$40,407,803
62$50,908,937$26,670,035$21,927,177$43,913,606
63$56,060,504$27,935,722$22,620,592$47,753,951
64$61,736,234$29,262,131$23,335,941$51,962,058
65$67,989,552$30,652,198$24,073,917$56,574,497
66$74,879,330$32,108,999$24,835,237$61,631,529
67$82,470,442$33,635,760$25,620,638$67,177,483
68$90,834,381$35,235,866$26,430,883$73,261,165
69$100,049,928$36,912,863$27,266,758$79,936,316
70$110,203,899$38,670,473$28,129,073$87,262,114
71$121,391,966$40,512,594$29,018,665$95,303,724
72$133,719,554$42,443,319$29,936,398$104,132,907
73$147,302,843$44,466,936$30,883,162$113,828,692
74$162,269,859$46,587,943$31,859,875$124,478,117
75$178,761,689$48,811,056$32,867,484$136,177,038
76$196,933,805$51,141,221$33,906,968$149,031,029
77$216,957,537$53,583,625$34,979,336$163,156,373
78$239,021,688$56,143,705$36,085,626$178,681,148
79$263,334,320$58,827,166$37,226,914$195,746,427
80$290,124,711$61,639,988$38,404,306$214,507,605
81$319,645,526$64,588,442$39,618,945$235,135,853
82$352,175,199$67,679,105$40,872,009$257,819,722
83$388,020,563$70,918,874$42,164,715$282,766,920
84$427,519,743$74,314,982$43,498,316$310,206,253
85$471,045,354$77,875,014$44,874,107$340,389,780
86$519,008,014$81,606,923$46,293,423$373,595,181
87$571,860,219$85,519,050$47,757,641$410,128,359
88$630,100,622$89,620,144$49,268,182$450,326,326
89$694,278,731$93,919,376$50,826,511$494,560,359
90$765,000,104$98,426,369$52,434,142$543,239,502
91$842,932,064$103,151,209$54,092,635$596,814,406
92$928,809,994$108,104,479$55,803,598$655,781,569
93$1,023,444,288$113,297,272$57,568,693$720,688,012
94$1,127,727,993$118,741,226$59,389,632$792,136,419
95$1,242,645,246$124,448,544$61,268,182$870,790,816
96$1,369,280,562$130,432,024$63,206,168$957,382,817
97$1,508,829,075$136,705,088$65,205,469$1,052,718,513
98$1,662,607,815$143,281,812$67,268,027$1,157,686,065
99$1,832,068,149$150,176,958$69,395,843$1,273,264,062
100$2,018,809,478$157,406,007$71,590,982$1,400,530,746