Can I retire at age 50 with 14,900,000?

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 $14,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,230,428$1,219,468$1,208,775$1,198,338$1,188,147$1,143,717
2 years$609,123$597,778$586,784$576,124$565,784$521,531
3 years$402,048$390,655$379,688$369,128$358,957$316,272
4 years$298,531$287,173$276,316$265,936$256,011$215,220
5 years$236,437$225,147$214,432$204,264$194,615$155,824
6 years$195,055$183,849$173,293$163,352$153,993$117,227
7 years$165,507$154,396$144,007$134,301$125,237$90,488
8 years$143,357$132,346$122,130$112,661$103,896$71,132
9 years$126,138$115,231$105,190$95,963$87,496$56,670
10 years$112,371$101,571$91,707$82,721$74,551$45,608
11 years$101,114$90,422$80,738$71,992$64,116$36,993
12 years$91,740$81,158$71,653$63,146$55,562$30,190
13 years$83,815$73,343$64,017$55,749$48,451$24,758
14 years$77,027$66,667$57,519$49,488$42,472$20,383
15 years$71,150$60,902$51,932$44,134$37,395$16,834
16 years$66,013$55,876$47,084$39,517$33,050$13,939
17 years$61,484$51,460$42,845$35,506$29,305$11,566
18 years$57,464$47,551$39,112$31,998$26,056$9,613
19 years$53,870$44,070$35,805$28,913$23,225$8,002
20 years$50,640$40,952$32,860$26,186$20,745$6,668
21 years$47,722$38,145$30,225$23,766$18,564$5,562
22 years$45,072$35,607$27,857$21,609$16,640$4,643
23 years$42,657$33,303$25,721$19,679$14,937$3,879
24 years$40,446$31,202$23,787$17,949$13,426$3,242
25 years$38,415$29,282$22,032$16,392$12,081$2,711
26 years$36,543$27,520$20,434$14,988$10,882$2,268
27 years$34,813$25,900$18,974$13,719$9,811$1,898
28 years$33,209$24,405$17,639$12,569$8,853$1,589
29 years$31,718$23,023$16,415$11,526$7,994$1,330
30 years$30,330$21,743$15,290$10,578$7,223$1,114
31 years$29,034$20,555$14,254$9,715$6,530$933
32 years$27,821$19,449$13,299$8,929$5,907$781
33 years$26,684$18,418$12,418$8,211$5,346$655
34 years$25,616$17,456$11,602$7,554$4,840$549
35 years$24,611$16,557$10,847$6,954$4,384$460
36 years$23,665$15,715$10,147$6,405$3,972$385
37 years$22,771$14,926$9,498$5,901$3,600$323
38 years$21,927$14,185$8,894$5,439$3,264$270
39 years$21,128$13,488$8,333$5,015$2,960$227
40 years$20,371$12,833$7,811$4,626$2,685$190
41 years$19,652$12,216$7,324$4,268$2,435$159
42 years$18,970$11,634$6,870$3,939$2,210$133
43 years$18,321$11,085$6,447$3,636$2,006$112
44 years$17,703$10,566$6,051$3,357$1,821$94
45 years$17,115$10,076$5,682$3,100$1,653$79
46 years$16,553$9,612$5,337$2,864$1,501$66
47 years$16,018$9,173$5,014$2,646$1,363$55
48 years$15,506$8,757$4,711$2,445$1,237$46
49 years$15,016$8,362$4,428$2,260$1,124$39
50 years$14,548$7,988$4,163$2,089$1,021$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $14,900,000, adding $3,076 every year, while hoping to spend $32,037 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: 40/45/15 Blend
49$14,900,000$14,900,000$14,900,000$14,900,000
50$16,422,973$15,633,273$15,402,323$17,006,463
51$18,064,029$16,365,216$15,884,214$18,152,588
52$19,871,399$17,131,951$16,381,174$19,388,328
53$21,862,013$17,935,148$16,893,675$20,724,466
54$24,054,528$18,776,559$17,422,202$22,170,127
55$26,469,500$19,658,021$17,967,256$23,735,318
56$29,129,585$20,581,460$18,529,355$25,431,014
57$32,059,743$21,548,892$19,109,029$27,269,254
58$35,287,485$22,562,436$19,706,830$29,263,247
59$38,843,122$23,624,309$20,323,322$31,427,492
60$42,760,059$24,736,838$20,959,091$33,777,900
61$47,075,103$25,902,461$21,614,739$36,331,942
62$51,828,817$27,123,736$22,290,887$39,108,801
63$57,065,900$28,403,343$22,988,175$42,129,546
64$62,835,608$29,744,093$23,707,265$45,417,316
65$69,192,219$31,148,932$24,448,837$48,997,536
66$76,195,547$32,620,951$25,213,595$52,898,139
67$83,911,504$34,163,389$26,002,262$57,149,820
68$92,412,726$35,779,643$26,815,586$61,786,316
69$101,779,253$37,473,275$27,654,337$66,844,711
70$112,099,289$39,248,017$28,519,309$72,365,770
71$123,470,033$41,107,787$29,411,323$78,394,314
72$135,998,596$43,056,689$30,331,222$84,979,626
73$149,803,014$45,099,027$31,279,879$92,175,905
74$165,013,357$47,239,316$32,258,191$100,042,754
75$181,772,965$49,482,287$33,267,085$108,645,737
76$200,239,792$51,832,904$34,307,517$118,056,969
77$220,587,904$54,296,370$35,380,473$128,355,789
78$243,009,119$56,878,140$36,486,967$139,629,483
79$267,714,816$59,583,937$37,628,048$151,974,090
80$294,937,937$62,419,758$38,804,796$165,495,290
81$324,935,175$65,391,896$40,018,326$180,309,377
82$357,989,410$68,506,946$41,269,787$196,544,336
83$394,412,369$71,771,825$42,560,364$214,341,024
84$434,547,572$75,193,786$43,891,278$233,854,480
85$478,773,578$78,780,435$45,263,789$255,255,358
86$527,507,555$82,539,748$46,679,198$278,731,511
87$581,209,218$86,480,088$48,138,843$304,489,739
88$640,385,171$90,610,225$49,644,107$332,757,707
89$705,593,689$94,939,356$51,196,415$363,786,064
90$777,449,986$99,477,126$52,797,236$397,850,778
91$856,632,026$104,233,647$54,448,085$435,255,704
92$943,886,922$109,219,525$56,150,526$476,335,419
93$1,040,037,988$114,445,882$57,906,168$521,458,339
94$1,145,992,513$119,924,380$59,716,674$571,030,160
95$1,262,750,324$125,667,249$61,583,758$625,497,646
96$1,391,413,229$131,687,317$63,509,186$685,352,803
97$1,533,195,416$137,998,032$65,494,781$751,137,475
98$1,689,434,914$144,613,501$67,542,422$823,448,416
99$1,861,606,227$151,548,515$69,654,045$902,942,872
100$2,051,334,257$158,818,587$71,831,650$990,344,731