Can I retire at age 50 with 14,700,000?

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 $14,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$1,213,912$1,203,099$1,192,550$1,182,253$1,172,199$1,133,768
2 years$600,947$589,755$578,908$568,391$558,190$519,839
3 years$396,652$385,411$374,592$364,174$354,139$317,071
4 years$294,524$283,318$272,607$262,367$252,575$217,073
5 years$233,263$222,125$211,554$201,523$192,003$158,163
6 years$192,436$181,382$170,967$161,159$151,926$119,775
7 years$163,286$152,324$142,074$132,498$123,556$93,091
8 years$141,433$130,570$120,490$111,149$102,502$73,700
9 years$124,445$113,684$103,778$94,674$86,321$59,149
10 years$110,862$100,207$90,476$81,610$73,550$47,965
11 years$99,757$89,209$79,654$71,025$63,256$39,209
12 years$90,509$80,069$70,691$62,299$54,816$32,256
13 years$82,690$72,359$63,158$55,001$47,801$26,670
14 years$75,993$65,772$56,747$48,823$41,902$22,141
15 years$70,195$60,084$51,235$43,542$36,894$18,443
16 years$65,127$55,126$46,452$38,987$32,607$15,404
17 years$60,659$50,769$42,270$35,029$28,911$12,895
18 years$56,692$46,913$38,587$31,569$25,707$10,815
19 years$53,147$43,478$35,324$28,525$22,913$9,084
20 years$49,961$40,402$32,419$25,835$20,466$7,640
21 years$47,081$37,633$29,819$23,447$18,315$6,432
22 years$44,467$35,129$27,483$21,318$16,417$5,420
23 years$42,084$32,856$25,376$19,415$14,737$4,571
24 years$39,903$30,784$23,468$17,708$13,246$3,857
25 years$37,899$28,889$21,736$16,172$11,919$3,257
26 years$36,052$27,151$20,159$14,787$10,736$2,751
27 years$34,345$25,552$18,720$13,535$9,680$2,325
28 years$32,763$24,078$17,402$12,401$8,734$1,965
29 years$31,293$22,714$16,194$11,372$7,887$1,661
30 years$29,923$21,451$15,084$10,436$7,126$1,405
31 years$28,644$20,279$14,063$9,585$6,443$1,188
32 years$27,447$19,188$13,121$8,809$5,828$1,005
33 years$26,326$18,171$12,251$8,100$5,274$851
34 years$25,272$17,222$11,447$7,453$4,775$720
35 years$24,281$16,335$10,702$6,861$4,325$609
36 years$23,347$15,504$10,011$6,319$3,919$516
37 years$22,466$14,725$9,370$5,822$3,552$436
38 years$21,633$13,994$8,775$5,366$3,220$369
39 years$20,844$13,307$8,221$4,948$2,920$313
40 years$20,097$12,661$7,706$4,564$2,648$265
41 years$19,388$12,052$7,225$4,211$2,403$224
42 years$18,715$11,478$6,778$3,886$2,180$190
43 years$18,075$10,936$6,360$3,587$1,979$161
44 years$17,466$10,424$5,970$3,312$1,796$136
45 years$16,885$9,941$5,606$3,059$1,631$115
46 years$16,331$9,483$5,265$2,825$1,480$97
47 years$15,803$9,050$4,946$2,610$1,344$83
48 years$15,298$8,639$4,648$2,412$1,221$70
49 years$14,815$8,250$4,369$2,229$1,109$59
50 years$14,352$7,881$4,107$2,060$1,007$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $14,700,000, adding $3,316 every year, while hoping to spend $35,707 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: 66/28/6 Blend
49$14,700,000$14,700,000$14,700,000$14,700,000
50$16,202,820$15,423,720$15,195,870$17,256,902
51$17,817,516$16,141,491$15,666,940$18,674,777
52$19,595,714$16,893,235$16,152,594$20,219,113
53$21,554,054$17,680,580$16,653,283$21,905,862
54$23,710,871$18,505,232$17,169,471$23,748,889
55$26,086,370$19,368,979$17,701,638$25,763,445
56$28,702,815$20,273,694$18,250,279$27,966,305
57$31,584,739$21,221,343$18,815,901$30,375,920
58$34,759,179$22,213,985$19,399,030$33,012,592
59$38,255,925$23,253,780$20,000,206$35,898,656
60$42,107,805$24,342,990$20,619,989$39,058,688
61$46,350,994$25,483,990$21,258,952$42,519,733
62$51,025,357$26,679,267$21,917,689$46,311,551
63$56,174,822$27,931,430$22,596,809$50,466,897
64$61,847,796$29,243,212$23,296,945$55,021,821
65$68,097,622$30,617,480$24,018,743$60,016,002
66$74,983,083$32,057,240$24,762,875$65,493,119
67$82,568,955$33,565,643$25,530,029$71,501,253
68$90,926,621$35,145,992$26,320,917$78,093,336
69$100,134,741$36,801,750$27,136,272$85,327,644
70$110,279,997$38,536,549$27,976,850$93,268,335
71$121,457,913$40,354,195$28,843,431$101,986,052
72$133,773,751$42,258,681$29,736,816$111,558,576
73$147,343,508$44,254,192$30,657,835$122,071,556
74$162,295,014$46,345,115$31,607,340$133,619,307
75$178,769,130$48,536,051$32,586,211$146,305,685
76$196,921,087$50,831,823$33,595,355$160,245,067
77$216,921,946$53,237,490$34,635,706$175,563,412
78$238,960,211$55,758,354$35,708,229$192,399,441
79$263,243,615$58,399,975$36,813,917$210,905,937
80$290,001,073$61,168,184$37,953,794$231,251,171
81$319,484,851$64,069,093$39,128,914$253,620,481
82$351,972,940$67,109,113$40,340,367$278,218,006
83$387,771,684$70,294,963$41,589,273$305,268,601
84$427,218,671$73,633,692$42,876,789$335,019,942
85$470,685,920$77,132,688$44,204,106$367,744,850
86$518,583,394$80,799,699$45,572,453$403,743,852
87$571,362,867$84,642,851$46,983,097$443,347,997
88$629,522,190$88,670,662$48,437,342$486,921,966
89$693,609,995$92,892,065$49,936,534$534,867,496
90$764,230,866$97,316,428$51,482,060$587,627,154
91$842,051,055$101,953,574$53,075,350$645,688,489
92$927,804,765$106,813,802$54,717,877$709,588,620
93$1,022,301,086$111,907,913$56,411,160$779,919,282
94$1,126,431,629$117,247,233$58,156,766$857,332,384
95$1,241,178,946$122,843,638$59,956,308$942,546,145
96$1,367,625,805$128,709,582$61,811,451$1,036,351,846
97$1,506,965,411$134,858,126$63,723,909$1,139,621,272
98$1,660,512,674$141,302,965$65,695,450$1,253,314,914
99$1,829,716,616$148,058,459$67,727,897$1,378,491,008
100$2,016,174,057$155,139,670$69,823,128$1,516,315,493