Can I retire at age 50 with 15,000,000?

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 $15,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$1,238,686$1,227,652$1,216,888$1,206,381$1,196,121$1,162,962
2 years$613,211$601,790$590,722$579,991$569,581$536,421
3 years$404,746$393,277$382,236$371,606$361,366$329,243
4 years$300,535$289,100$278,170$267,721$257,729$226,891
5 years$238,024$226,658$215,871$205,635$195,922$166,453
6 years$196,364$185,083$174,456$164,448$155,026$126,954
7 years$166,618$155,433$144,974$135,202$126,078$99,403
8 years$144,319$133,234$122,949$113,418$104,594$79,302
9 years$126,984$116,005$105,896$96,607$88,083$64,150
10 years$113,125$102,252$92,323$83,276$75,051$52,446
11 years$101,793$91,029$81,280$72,475$64,546$43,233
12 years$92,356$81,703$72,133$63,570$55,935$35,873
13 years$84,377$73,836$64,446$56,123$48,776$29,923
14 years$77,544$67,114$57,905$49,820$42,757$25,067
15 years$71,628$61,310$52,281$44,430$37,646$21,072
16 years$66,456$56,251$47,400$39,783$33,272$17,766
17 years$61,897$51,805$43,132$35,744$29,501$15,014
18 years$57,849$47,870$39,374$32,213$26,231$12,714
19 years$54,232$44,366$36,045$29,107$23,380$10,784
20 years$50,980$41,227$33,081$26,362$20,884$9,160
21 years$48,042$38,401$30,428$23,925$18,689$7,790
22 years$45,375$35,846$28,044$21,754$16,752$6,632
23 years$42,943$33,526$25,894$19,811$15,037$5,650
24 years$40,717$31,412$23,947$18,069$13,516$4,818
25 years$38,672$29,478$22,180$16,502$12,162$4,110
26 years$36,788$27,705$20,571$15,088$10,955$3,508
27 years$35,046$26,074$19,102$13,811$9,877$2,996
28 years$33,432$24,569$17,757$12,654$8,912$2,559
29 years$31,931$23,178$16,525$11,604$8,048$2,187
30 years$30,534$21,889$15,392$10,649$7,272$1,869
31 years$29,228$20,693$14,350$9,780$6,574$1,598
32 years$28,007$19,579$13,389$8,989$5,947$1,367
33 years$26,863$18,542$12,501$8,266$5,382$1,169
34 years$25,788$17,574$11,680$7,605$4,873$1,000
35 years$24,776$16,668$10,920$7,001$4,413$856
36 years$23,823$15,821$10,216$6,448$3,999$732
37 years$22,924$15,026$9,562$5,941$3,624$626
38 years$22,074$14,280$8,954$5,476$3,286$536
39 years$21,270$13,579$8,389$5,049$2,980$459
40 years$20,507$12,919$7,863$4,657$2,703$393
41 years$19,784$12,298$7,373$4,297$2,452$336
42 years$19,097$11,712$6,916$3,965$2,225$288
43 years$18,444$11,159$6,490$3,660$2,019$246
44 years$17,822$10,637$6,092$3,380$1,833$211
45 years$17,230$10,143$5,720$3,121$1,664$180
46 years$16,665$9,676$5,372$2,883$1,511$154
47 years$16,125$9,234$5,047$2,664$1,372$132
48 years$15,610$8,815$4,743$2,461$1,246$113
49 years$15,117$8,418$4,458$2,275$1,131$97
50 years$14,645$8,041$4,191$2,103$1,028$83

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,000,000, adding $6,163 every year, while hoping to spend $24,408 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: 35/41/24 Blend
49$15,000,000$15,000,000$15,000,000$15,000,000
50$16,536,357$15,741,357$15,508,857$16,994,684
51$18,197,096$16,486,714$16,002,434$18,080,292
52$20,026,411$17,267,775$16,511,727$19,248,163
53$22,041,474$18,086,264$17,037,239$20,507,798
54$24,261,202$18,943,989$17,579,484$21,867,400
55$26,706,444$19,842,844$18,138,997$23,335,958
56$29,400,175$20,784,817$18,716,327$24,923,323
57$32,367,712$21,771,992$19,312,042$26,640,298
58$35,636,952$22,806,553$19,926,729$28,498,728
59$39,238,638$23,890,791$20,560,991$30,511,605
60$43,206,647$25,027,108$21,215,453$32,693,185
61$47,578,312$26,218,023$21,890,758$35,059,109
62$52,394,772$27,466,178$22,587,569$37,626,544
63$57,701,359$28,774,341$23,306,574$40,414,338
64$63,548,032$30,145,418$24,048,478$43,443,184
65$69,989,840$31,582,453$24,814,012$46,735,805
66$77,087,451$33,088,640$25,603,928$50,317,161
67$84,907,715$34,667,328$26,419,004$54,214,669
68$93,524,303$36,322,027$27,260,041$58,458,453
69$103,018,396$38,056,421$28,127,867$63,081,614
70$113,479,457$39,874,370$29,023,335$68,120,531
71$125,006,072$41,779,925$29,947,327$73,615,187
72$137,706,881$43,777,330$30,900,751$79,609,538
73$151,701,602$45,871,039$31,884,547$86,151,906
74$167,122,167$48,065,722$32,899,681$93,295,426
75$184,113,961$50,366,274$33,947,152$101,098,527
76$202,837,195$52,777,832$35,027,992$109,625,466
77$223,468,422$55,305,780$36,143,263$118,946,921
78$246,202,203$57,955,764$37,294,064$129,140,634
79$271,252,939$60,733,708$38,481,527$140,292,128
80$298,856,901$63,645,822$39,706,820$152,495,493
81$329,274,456$66,698,619$40,971,150$165,854,254
82$362,792,528$69,898,928$42,275,760$180,482,323
83$399,727,303$73,253,913$43,621,936$196,505,053
84$440,427,219$76,771,085$45,011,001$214,060,396
85$485,276,249$80,458,322$46,444,324$233,300,177
86$534,697,532$84,323,886$47,923,314$254,391,505
87$589,157,364$88,376,440$49,449,429$277,518,317
88$649,169,600$92,625,071$51,024,170$302,883,089
89$715,300,507$97,079,307$52,649,087$330,708,711
90$788,174,109$101,749,143$54,325,781$361,240,566
91$868,478,075$106,645,058$56,055,903$394,748,804
92$956,970,218$111,778,045$57,841,154$431,530,865
93$1,054,485,642$117,159,631$59,683,295$471,914,240
94$1,161,944,629$122,801,905$61,584,137$516,259,534
95$1,280,361,329$128,717,546$63,545,553$564,963,822
96$1,410,853,331$134,919,851$65,569,475$618,464,354
97$1,554,652,213$141,422,767$67,657,895$677,242,645
98$1,713,115,175$148,240,918$69,812,871$741,828,965
99$1,887,737,844$155,389,645$72,036,524$812,807,304
100$2,080,168,401$162,885,034$74,331,044$890,820,826