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%11.1%
1 years$1,222,170$1,211,284$1,200,662$1,190,296$1,180,173$1,174,706
2 years$605,035$593,767$582,846$572,257$561,987$556,469
3 years$399,350$388,033$377,140$366,651$356,548$351,149
4 years$296,528$285,245$274,461$264,151$254,293$249,055
5 years$234,850$223,636$212,993$202,894$193,309$188,248
6 years$193,746$182,615$172,130$162,256$152,959$148,081
7 years$164,396$153,360$143,041$133,399$124,397$119,704
8 years$142,395$131,458$121,310$111,905$103,199$98,692
9 years$125,291$114,458$104,484$95,319$86,909$82,587
10 years$111,617$100,889$91,092$82,165$74,050$69,912
11 years$100,435$89,816$80,196$71,509$63,686$59,727
12 years$91,125$80,614$71,172$62,723$55,189$51,407
13 years$83,252$72,851$63,587$55,375$48,126$44,518
14 years$76,510$66,220$57,133$49,155$42,187$38,748
15 years$70,673$60,493$51,584$43,838$37,144$33,871
16 years$65,570$55,501$46,768$39,252$32,828$29,716
17 years$61,072$51,114$42,557$35,268$29,108$26,152
18 years$57,078$47,232$38,849$31,783$25,881$23,076
19 years$53,509$43,774$35,565$28,719$23,069$20,410
20 years$50,301$40,677$32,639$26,011$20,605$18,088
21 years$47,402$37,889$30,022$23,606$18,439$16,058
22 years$44,770$35,368$27,670$21,463$16,528$14,278
23 years$42,370$33,079$25,548$19,547$14,837$12,713
24 years$40,174$30,993$23,628$17,828$13,336$11,332
25 years$38,157$29,085$21,884$16,282$12,000$10,112
26 years$36,298$27,336$20,296$14,887$10,809$9,032
27 years$34,579$25,726$18,847$13,627$9,745$8,074
28 years$32,986$24,241$17,521$12,485$8,793$7,222
29 years$31,506$22,869$16,305$11,449$7,940$6,465
30 years$30,126$21,597$15,187$10,507$7,175$5,790
31 years$28,839$20,417$14,158$9,650$6,486$5,189
32 years$27,634$19,318$13,210$8,869$5,867$4,652
33 years$26,505$18,295$12,334$8,155$5,310$4,172
34 years$25,444$17,339$11,524$7,504$4,808$3,743
35 years$24,446$16,446$10,775$6,908$4,354$3,360
36 years$23,506$15,610$10,079$6,362$3,945$3,016
37 years$22,618$14,826$9,434$5,861$3,576$2,709
38 years$21,780$14,090$8,835$5,403$3,242$2,433
39 years$20,986$13,398$8,277$4,982$2,940$2,186
40 years$20,234$12,747$7,758$4,595$2,666$1,964
41 years$19,520$12,134$7,275$4,239$2,419$1,765
42 years$18,843$11,556$6,824$3,912$2,195$1,587
43 years$18,198$11,010$6,403$3,612$1,992$1,427
44 years$17,585$10,495$6,011$3,335$1,808$1,283
45 years$17,000$10,008$5,644$3,080$1,642$1,153
46 years$16,442$9,547$5,301$2,845$1,491$1,037
47 years$15,910$9,111$4,980$2,628$1,353$933
48 years$15,402$8,698$4,680$2,429$1,229$839
49 years$14,915$8,306$4,399$2,244$1,116$755
50 years$14,450$7,934$4,135$2,075$1,014$679

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 $3,992 every year, while hoping to spend $54,739 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: 71/10/19 Blend
49$14,800,000$14,800,000$14,800,000$14,800,000
50$16,313,718$15,529,318$15,299,918$17,397,228
51$17,919,475$16,232,012$15,754,223$18,821,746
52$19,687,185$16,967,305$16,221,913$20,373,961
53$21,633,309$17,736,734$16,703,378$22,072,062
54$23,775,986$18,541,913$17,199,021$23,930,488
55$26,135,202$19,384,532$17,709,253$25,965,137
56$28,732,981$20,266,363$18,234,502$28,193,510
57$31,593,591$21,189,261$18,775,204$30,634,875
58$34,743,774$22,155,171$19,331,810$33,310,448
59$38,212,996$23,166,131$19,904,782$36,243,589
60$42,033,727$24,224,277$20,494,598$39,460,021
61$46,241,748$25,331,847$21,101,748$42,988,070
62$50,876,485$26,491,187$21,726,735$46,858,931
63$55,981,384$27,704,753$22,370,079$51,106,955
64$61,604,322$28,975,122$23,032,313$55,769,978
65$67,798,054$30,304,994$23,713,986$60,889,668
66$74,620,714$31,697,197$24,415,663$66,511,917
67$82,136,364$33,154,697$25,137,925$72,687,276
68$90,415,597$34,680,601$25,881,369$79,471,419
69$99,536,203$36,278,166$26,646,611$86,925,675
70$109,583,905$37,950,805$27,434,282$95,117,597
71$120,653,165$39,702,097$28,245,032$104,121,598
72$132,848,079$41,535,790$29,079,531$114,019,649
73$146,283,355$43,455,816$29,938,468$124,902,048
74$161,085,399$45,466,293$30,822,548$136,868,269
75$177,393,508$47,571,540$31,732,502$150,027,896
76$195,361,182$49,776,082$32,669,077$164,501,654
77$215,157,576$52,084,662$33,633,044$180,422,540
78$236,969,092$54,502,254$34,625,194$197,937,080
79$261,001,144$57,034,070$35,646,343$217,206,698
80$287,480,094$59,685,572$36,697,329$238,409,243
81$316,655,387$62,462,488$37,779,012$261,740,657
82$348,801,907$65,370,821$38,892,281$287,416,818
83$384,222,575$68,416,865$40,038,045$315,675,576
84$423,251,201$71,607,215$41,217,243$346,778,989
85$466,255,642$74,948,786$42,430,839$381,015,789
86$513,641,269$78,448,829$43,679,824$418,704,104
87$565,854,798$82,114,941$44,965,218$460,194,450
88$623,388,504$85,955,090$46,288,069$505,873,034
89$686,784,869$89,977,626$47,649,456$556,165,394
90$756,641,700$94,191,305$49,050,488$611,540,403
91$833,617,779$98,605,304$50,492,305$672,514,693
92$918,439,075$103,229,246$51,976,079$739,657,514
93$1,011,905,599$108,073,218$53,503,017$813,596,110
94$1,114,898,960$113,147,795$55,074,358$895,021,620
95$1,228,390,682$118,464,065$56,691,377$984,695,598
96$1,353,451,379$124,033,651$58,355,385$1,083,457,192
97$1,491,260,859$129,868,740$60,067,730$1,192,231,050
98$1,643,119,265$135,982,107$61,829,797$1,312,036,045
99$1,810,459,348$142,387,148$63,643,013$1,443,994,873
100$1,994,859,989$149,097,906$65,508,842$1,589,344,645