Can I retire at age 50 with 15,100,000?

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,191,025
2 years$617,299$605,802$594,660$583,857$573,379$560,219
3 years$407,445$395,899$384,785$374,083$363,775$350,934
4 years$302,538$291,027$280,025$269,506$259,447$247,024
5 years$239,611$228,169$217,311$207,006$197,228$185,258
6 years$197,673$186,317$175,619$165,545$156,060$144,558
7 years$167,729$156,469$145,940$136,103$126,918$115,890
8 years$145,281$134,123$123,769$114,174$105,291$94,735
9 years$127,831$116,778$106,602$97,251$88,670$78,583
10 years$113,879$102,934$92,938$83,831$75,551$65,927
11 years$102,471$91,636$81,821$72,958$64,977$55,806
12 years$92,972$82,248$72,614$63,994$56,307$47,581
13 years$84,940$74,328$64,876$56,497$49,101$40,809
14 years$78,061$67,562$58,292$50,152$43,042$35,172
15 years$72,105$61,719$52,629$44,727$37,897$30,438
16 years$66,899$56,626$47,716$40,048$33,494$26,432
17 years$62,310$52,150$43,420$35,983$29,698$23,021
18 years$58,235$48,189$39,637$32,428$26,406$20,100
19 years$54,593$44,661$36,286$29,301$23,536$17,587
20 years$51,320$41,502$33,301$26,538$21,023$15,417
21 years$48,362$38,657$30,631$24,085$18,813$13,536
22 years$45,677$36,085$28,231$21,899$16,863$11,901
23 years$43,229$33,750$26,066$19,943$15,138$10,476
24 years$40,988$31,621$24,107$18,190$13,606$9,232
25 years$38,930$29,675$22,328$16,612$12,243$8,143
26 years$37,033$27,890$20,708$15,189$11,028$7,188
27 years$35,280$26,247$19,229$13,903$9,943$6,350
28 years$33,655$24,733$17,876$12,738$8,972$5,613
29 years$32,144$23,333$16,635$11,681$8,101$4,964
30 years$30,737$22,035$15,495$10,720$7,320$4,392
31 years$29,423$20,830$14,445$9,846$6,618$3,888
32 years$28,194$19,710$13,478$9,048$5,986$3,443
33 years$27,042$18,666$12,584$8,321$5,418$3,050
34 years$25,960$17,691$11,758$7,656$4,905$2,702
35 years$24,942$16,779$10,993$7,048$4,443$2,395
36 years$23,982$15,926$10,284$6,491$4,025$2,123
37 years$23,077$15,126$9,625$5,980$3,648$1,883
38 years$22,221$14,375$9,014$5,512$3,308$1,670
39 years$21,411$13,669$8,445$5,083$2,999$1,481
40 years$20,644$13,005$7,915$4,688$2,721$1,314
41 years$19,916$12,380$7,422$4,325$2,468$1,166
42 years$19,225$11,790$6,962$3,992$2,240$1,034
43 years$18,567$11,234$6,533$3,685$2,033$918
44 years$17,941$10,708$6,132$3,402$1,845$815
45 years$17,345$10,211$5,758$3,142$1,675$723
46 years$16,776$9,741$5,408$2,902$1,521$642
47 years$16,233$9,296$5,081$2,681$1,381$570
48 years$15,714$8,874$4,775$2,478$1,254$506
49 years$15,218$8,474$4,488$2,290$1,139$449
50 years$14,743$8,095$4,219$2,117$1,035$399

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,100,000, adding $6,177 every year, while hoping to spend $27,177 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: 70/24/6 Blend
49$15,100,000$15,100,000$15,100,000$15,100,000
50$16,646,572$15,846,272$15,612,222$17,798,194
51$18,315,606$16,593,823$16,106,315$19,307,534
52$20,153,971$17,377,093$16,616,049$20,954,531
53$22,178,909$18,197,804$17,141,921$22,755,880
54$24,409,422$19,057,761$17,684,439$24,726,725
55$26,866,448$19,958,856$18,244,133$26,883,726
56$29,573,059$20,903,073$18,821,545$29,245,215
57$32,554,681$21,892,494$19,417,236$31,831,364
58$35,839,331$22,929,299$20,031,786$34,664,371
59$39,457,884$24,015,775$20,665,792$37,768,665
60$43,444,362$25,154,322$21,319,870$41,171,133
61$47,836,256$26,347,453$21,994,655$44,901,369
62$52,674,881$27,597,806$22,690,803$48,991,948
63$58,005,766$28,908,144$23,408,991$53,478,727
64$63,879,078$30,281,368$24,149,917$58,401,180
65$70,350,106$31,720,517$24,914,301$63,802,767
66$77,479,772$33,228,778$25,702,886$69,731,331
67$85,335,214$34,809,493$26,516,437$76,239,551
68$93,990,415$36,466,167$27,355,747$83,385,430
69$103,526,903$38,202,475$28,221,630$91,232,835
70$114,034,521$40,022,270$29,114,929$99,852,092
71$125,612,274$41,929,593$30,036,511$109,320,646
72$138,369,264$43,928,681$30,987,272$119,723,779
73$152,425,720$46,023,978$31,968,137$131,155,414
74$167,914,132$48,220,142$32,980,058$143,718,984
75$184,980,504$50,522,059$34,024,021$157,528,408
76$203,785,728$52,934,853$35,101,038$172,709,152
77$224,507,108$55,463,895$36,212,158$189,399,405
78$247,340,028$58,114,821$37,358,460$207,751,373
79$272,499,801$60,893,538$38,541,059$227,932,704
80$300,223,701$63,806,241$39,761,105$250,128,062
81$330,773,199$66,859,428$41,019,783$274,540,857
82$364,436,437$70,059,912$42,318,317$301,395,151
83$401,530,942$73,414,836$43,657,969$330,937,763
84$442,406,630$76,931,695$45,040,043$363,440,585
85$487,449,103$80,618,345$46,465,882$399,203,132
86$537,083,294$84,483,026$47,936,871$438,555,357
87$591,777,476$88,534,380$49,454,442$481,860,752
88$652,047,682$92,781,468$51,020,069$529,519,757
89$718,462,579$97,233,794$52,635,275$581,973,530
90$791,648,837$101,901,324$54,301,631$639,708,089
91$872,297,039$106,794,510$56,020,756$703,258,884
92$961,168,208$111,924,312$57,794,323$773,215,830
93$1,059,100,989$117,302,227$59,624,056$850,228,859
94$1,167,019,562$122,940,308$61,511,734$935,014,030
95$1,285,942,373$128,851,199$63,459,193$1,028,360,268
96$1,416,991,745$135,048,158$65,468,326$1,131,136,791
97$1,561,404,476$141,545,090$67,541,088$1,244,301,284
98$1,720,543,511$148,356,579$69,679,494$1,368,908,922
99$1,895,910,816$155,497,918$71,885,623$1,506,122,300
100$2,089,161,549$162,985,146$74,161,622$1,657,222,379