Can I retire at age 50 with 14,800,000?

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 $14,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$1,222,170$1,211,284$1,200,662$1,190,296$1,180,173$1,151,643
2 years$605,035$593,767$582,846$572,257$561,987$533,415
3 years$399,350$388,033$377,140$366,651$356,548$328,826
4 years$296,528$285,245$274,461$264,151$254,293$227,636
5 years$234,850$223,636$212,993$202,894$193,309$167,791
6 years$193,746$182,615$172,130$162,256$152,959$128,605
7 years$164,396$153,360$143,041$133,399$124,397$101,211
8 years$142,395$131,458$121,310$111,905$103,199$81,171
9 years$125,291$114,458$104,484$95,319$86,909$66,020
10 years$111,617$100,889$91,092$82,165$74,050$54,278
11 years$100,435$89,816$80,196$71,509$63,686$45,002
12 years$91,125$80,614$71,172$62,723$55,189$37,562
13 years$83,252$72,851$63,587$55,375$48,126$31,522
14 years$76,510$66,220$57,133$49,155$42,187$26,570
15 years$70,673$60,493$51,584$43,838$37,144$22,477
16 years$65,570$55,501$46,768$39,252$32,828$19,073
17 years$61,072$51,114$42,557$35,268$29,108$16,224
18 years$57,078$47,232$38,849$31,783$25,881$13,830
19 years$53,509$43,774$35,565$28,719$23,069$11,811
20 years$50,301$40,677$32,639$26,011$20,605$10,101
21 years$47,402$37,889$30,022$23,606$18,439$8,650
22 years$44,770$35,368$27,670$21,463$16,528$7,415
23 years$42,370$33,079$25,548$19,547$14,837$6,363
24 years$40,174$30,993$23,628$17,828$13,336$5,464
25 years$38,157$29,085$21,884$16,282$12,000$4,695
26 years$36,298$27,336$20,296$14,887$10,809$4,037
27 years$34,579$25,726$18,847$13,627$9,745$3,472
28 years$32,986$24,241$17,521$12,485$8,793$2,988
29 years$31,506$22,869$16,305$11,449$7,940$2,572
30 years$30,126$21,597$15,187$10,507$7,175$2,215
31 years$28,839$20,417$14,158$9,650$6,486$1,908
32 years$27,634$19,318$13,210$8,869$5,867$1,644
33 years$26,505$18,295$12,334$8,155$5,310$1,417
34 years$25,444$17,339$11,524$7,504$4,808$1,221
35 years$24,446$16,446$10,775$6,908$4,354$1,053
36 years$23,506$15,610$10,079$6,362$3,945$908
37 years$22,618$14,826$9,434$5,861$3,576$782
38 years$21,780$14,090$8,835$5,403$3,242$675
39 years$20,986$13,398$8,277$4,982$2,940$582
40 years$20,234$12,747$7,758$4,595$2,666$502
41 years$19,520$12,134$7,275$4,239$2,419$433
42 years$18,843$11,556$6,824$3,912$2,195$373
43 years$18,198$11,010$6,403$3,612$1,992$322
44 years$17,585$10,495$6,011$3,335$1,808$278
45 years$17,000$10,008$5,644$3,080$1,642$240
46 years$16,442$9,547$5,301$2,845$1,491$207
47 years$15,910$9,111$4,980$2,628$1,353$178
48 years$15,402$8,698$4,680$2,429$1,229$154
49 years$14,915$8,306$4,399$2,244$1,116$133
50 years$14,450$7,934$4,135$2,075$1,014$115

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $14,800,000, adding $6,542 every year, while hoping to spend $48,207 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: 52/28/20 Blend
49$14,800,000$14,800,000$14,800,000$14,800,000
50$16,316,348$15,531,948$15,302,548$17,074,505
51$17,929,324$16,241,722$15,763,892$18,306,902
52$19,705,207$16,984,658$16,239,074$19,641,109
53$21,660,564$17,762,333$16,728,509$21,091,314
54$23,813,648$18,576,394$17,232,621$22,668,549
55$26,184,574$19,428,570$17,751,847$24,384,940
56$28,795,505$20,320,675$18,286,639$26,253,813
57$31,670,864$21,254,606$18,837,459$28,289,816
58$34,837,564$22,232,353$19,404,785$30,509,055
59$38,325,260$23,256,002$19,989,110$32,929,238
60$42,166,630$24,327,740$20,590,938$35,569,837
61$46,397,683$25,449,857$21,210,792$38,452,269
62$51,058,101$26,624,754$21,849,208$41,600,088
63$56,191,610$27,854,949$22,506,738$45,039,205
64$61,846,391$29,143,079$23,183,952$48,798,123
65$68,075,543$30,491,909$23,881,434$52,908,202
66$74,937,574$31,904,338$24,599,787$57,403,945
67$82,496,959$33,383,403$25,339,633$62,323,321
68$90,824,747$34,932,289$26,101,609$67,708,111
69$99,999,233$36,554,332$26,886,374$73,604,298
70$110,106,693$38,253,033$27,694,606$80,062,487
71$121,242,201$40,032,057$28,527,000$87,138,384
72$133,510,526$41,895,248$29,384,276$94,893,301
73$147,027,122$43,846,638$30,267,171$103,394,735
74$161,919,214$45,890,448$31,176,447$112,716,990
75$178,327,002$48,031,108$32,112,886$122,941,867
76$196,404,983$50,273,260$33,077,295$134,159,432
77$216,323,410$52,621,769$34,070,503$146,468,845
78$238,269,898$55,081,735$35,093,365$159,979,293
79$262,451,195$57,658,508$36,146,760$174,811,004
80$289,095,134$60,357,692$37,231,594$191,096,369
81$318,452,783$63,185,164$38,348,798$208,981,180
82$350,800,816$66,147,086$39,499,331$228,625,988
83$386,444,122$69,249,916$40,684,182$250,207,611
84$425,718,687$72,500,426$41,904,366$273,920,779
85$468,994,761$75,905,715$43,160,930$299,979,964
86$516,680,356$79,473,225$44,454,952$328,621,382
87$569,225,099$83,210,759$45,787,539$360,105,207
88$627,124,471$87,126,498$47,159,833$394,718,009
89$690,924,488$91,229,018$48,573,009$432,775,441
90$761,226,857$95,527,311$50,028,276$474,625,195
91$838,694,652$100,030,805$51,526,878$520,650,265
92$924,058,576$104,749,383$53,070,098$571,272,542
93$1,018,123,857$109,693,410$54,659,253$626,956,772
94$1,121,777,854$114,873,750$56,295,701$688,214,918
95$1,235,998,427$120,301,795$57,980,839$755,610,969
96$1,361,863,174$125,989,491$59,716,104$829,766,238
97$1,500,559,602$131,949,360$61,502,978$911,365,198
98$1,653,396,336$138,194,534$63,342,983$1,001,161,916
99$1,821,815,477$144,738,781$65,237,688$1,099,987,142
100$2,007,406,211$151,596,536$67,188,705$1,208,756,117