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%14.1%
1 years$1,230,428$1,219,468$1,208,775$1,198,338$1,188,147$1,167,983
2 years$609,123$597,778$586,784$576,124$565,784$545,531
3 years$402,048$390,655$379,688$369,128$358,957$339,246
4 years$298,531$287,173$276,316$265,936$256,011$236,994
5 years$236,437$225,147$214,432$204,264$194,615$176,347
6 years$195,055$183,849$173,293$163,352$153,993$136,493
7 years$165,507$154,396$144,007$134,301$125,237$108,512
8 years$143,357$132,346$122,130$112,661$103,896$87,942
9 years$126,138$115,231$105,190$95,963$87,496$72,303
10 years$112,371$101,571$91,707$82,721$74,551$60,107
11 years$101,114$90,422$80,738$71,992$64,116$50,406
12 years$91,740$81,158$71,653$63,146$55,562$42,567
13 years$83,815$73,343$64,017$55,749$48,451$36,152
14 years$77,027$66,667$57,519$49,488$42,472$30,848
15 years$71,150$60,902$51,932$44,134$37,395$26,424
16 years$66,013$55,876$47,084$39,517$33,050$22,708
17 years$61,484$51,460$42,845$35,506$29,305$19,569
18 years$57,464$47,551$39,112$31,998$26,056$16,902
19 years$53,870$44,070$35,805$28,913$23,225$14,628
20 years$50,640$40,952$32,860$26,186$20,745$12,681
21 years$47,722$38,145$30,225$23,766$18,564$11,009
22 years$45,072$35,607$27,857$21,609$16,640$9,570
23 years$42,657$33,303$25,721$19,679$14,937$8,327
24 years$40,446$31,202$23,787$17,949$13,426$7,253
25 years$38,415$29,282$22,032$16,392$12,081$6,322
26 years$36,543$27,520$20,434$14,988$10,882$5,515
27 years$34,813$25,900$18,974$13,719$9,811$4,813
28 years$33,209$24,405$17,639$12,569$8,853$4,203
29 years$31,718$23,023$16,415$11,526$7,994$3,672
30 years$30,330$21,743$15,290$10,578$7,223$3,210
31 years$29,034$20,555$14,254$9,715$6,530$2,806
32 years$27,821$19,449$13,299$8,929$5,907$2,454
33 years$26,684$18,418$12,418$8,211$5,346$2,147
34 years$25,616$17,456$11,602$7,554$4,840$1,879
35 years$24,611$16,557$10,847$6,954$4,384$1,644
36 years$23,665$15,715$10,147$6,405$3,972$1,439
37 years$22,771$14,926$9,498$5,901$3,600$1,260
38 years$21,927$14,185$8,894$5,439$3,264$1,103
39 years$21,128$13,488$8,333$5,015$2,960$966
40 years$20,371$12,833$7,811$4,626$2,685$846
41 years$19,652$12,216$7,324$4,268$2,435$741
42 years$18,970$11,634$6,870$3,939$2,210$649
43 years$18,321$11,085$6,447$3,636$2,006$569
44 years$17,703$10,566$6,051$3,357$1,821$498
45 years$17,115$10,076$5,682$3,100$1,653$436
46 years$16,553$9,612$5,337$2,864$1,501$382
47 years$16,018$9,173$5,014$2,646$1,363$335
48 years$15,506$8,757$4,711$2,445$1,237$294
49 years$15,016$8,362$4,428$2,260$1,124$257
50 years$14,548$7,988$4,163$2,089$1,021$225

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 $5,452 every year, while hoping to spend $44,799 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: 52/40/8 Blend
49$14,900,000$14,900,000$14,900,000$14,900,000
50$16,425,424$15,635,724$15,404,774$17,246,418
51$18,053,151$16,354,208$15,873,168$18,523,387
52$19,845,405$17,106,397$16,355,752$19,906,052
53$21,818,921$17,893,895$16,852,953$21,408,615
54$23,992,137$18,718,382$17,365,214$23,042,383
55$26,385,373$19,581,621$17,892,987$24,819,779
56$29,021,020$20,485,460$18,436,741$26,754,446
57$31,923,750$21,431,832$18,996,957$28,861,375
58$35,120,749$22,422,769$19,574,132$31,157,038
59$38,641,977$23,460,396$20,168,777$33,659,536
60$42,520,446$24,546,943$20,781,418$36,388,767
61$46,792,533$25,684,745$21,412,597$39,366,601
62$51,498,326$26,876,252$22,062,874$42,617,085
63$56,681,998$28,124,031$22,732,823$46,166,655
64$62,392,226$29,430,773$23,423,037$50,044,384
65$68,682,651$30,799,298$24,134,126$54,282,244
66$75,612,381$32,232,563$24,866,719$58,915,399
67$83,246,552$33,733,667$25,621,462$63,982,530
68$91,656,943$35,305,859$26,399,024$69,526,187
69$100,922,649$36,952,545$27,200,089$75,593,180
70$111,130,834$38,677,294$28,025,367$82,235,015
71$122,377,547$40,483,849$28,875,584$89,508,362
72$134,768,632$42,376,134$29,751,492$97,475,582
73$148,420,729$44,358,260$30,653,863$106,205,305
74$163,462,369$46,434,541$31,583,493$115,773,059
75$180,035,192$48,609,495$32,541,202$126,261,974
76$198,295,282$50,887,860$33,527,833$137,763,551
77$218,414,641$53,274,606$34,544,255$150,378,511
78$240,582,812$55,774,939$35,591,365$164,217,728
79$265,008,667$58,394,320$36,670,085$179,403,262
80$291,922,382$61,138,472$37,781,363$196,069,493
81$321,577,605$64,013,397$38,926,178$214,364,372
82$354,253,853$67,025,386$40,105,538$234,450,796
83$390,259,151$70,181,035$41,320,479$256,508,130
84$429,932,940$73,487,261$42,572,070$280,733,876
85$473,649,276$76,951,313$43,861,411$307,345,519
86$521,820,369$80,580,794$45,189,635$336,582,555
87$574,900,467$84,383,674$46,557,908$368,708,726
88$633,390,150$88,368,309$47,967,433$404,014,492
89$697,841,050$92,543,461$49,419,447$442,819,738
90$768,861,063$96,918,316$50,915,224$485,476,774
91$847,120,084$101,502,507$52,456,077$532,373,627
92$933,356,334$106,306,131$54,043,357$583,937,676
93$1,028,383,327$111,339,778$55,678,456$640,639,655
94$1,133,097,549$116,614,550$57,362,807$702,998,065
95$1,248,486,924$122,142,088$59,097,887$771,584,033
96$1,375,640,139$127,934,598$60,885,214$847,026,668
97$1,515,756,919$134,004,880$62,726,354$930,018,959
98$1,670,159,357$140,366,351$64,622,920$1,021,324,285
99$1,840,304,394$147,033,085$66,576,570$1,121,783,572
100$2,027,797,571$154,019,835$68,589,014$1,232,323,193