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%17.6%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,166,953
2 years$617,299$605,802$594,660$583,857$573,379$536,284
3 years$407,445$395,899$384,785$374,083$363,775$327,890
4 years$302,538$291,027$280,025$269,506$259,447$225,048
5 years$239,611$228,169$217,311$207,006$197,228$164,406
6 years$197,673$186,317$175,619$165,545$156,060$124,845
7 years$167,729$156,469$145,940$136,103$126,918$97,308
8 years$145,281$134,123$123,769$114,174$105,291$77,266
9 years$127,831$116,778$106,602$97,251$88,670$62,201
10 years$113,879$102,934$92,938$83,831$75,551$50,598
11 years$102,471$91,636$81,821$72,958$64,977$41,496
12 years$92,972$82,248$72,614$63,994$56,307$34,250
13 years$84,940$74,328$64,876$56,497$49,101$28,415
14 years$78,061$67,562$58,292$50,152$43,042$23,672
15 years$72,105$61,719$52,629$44,727$37,897$19,788
16 years$66,899$56,626$47,716$40,048$33,494$16,587
17 years$62,310$52,150$43,420$35,983$29,698$13,937
18 years$58,235$48,189$39,637$32,428$26,406$11,732
19 years$54,593$44,661$36,286$29,301$23,536$9,891
20 years$51,320$41,502$33,301$26,538$21,023$8,351
21 years$48,362$38,657$30,631$24,085$18,813$7,058
22 years$45,677$36,085$28,231$21,899$16,863$5,971
23 years$43,229$33,750$26,066$19,943$15,138$5,055
24 years$40,988$31,621$24,107$18,190$13,606$4,283
25 years$38,930$29,675$22,328$16,612$12,243$3,631
26 years$37,033$27,890$20,708$15,189$11,028$3,079
27 years$35,280$26,247$19,229$13,903$9,943$2,613
28 years$33,655$24,733$17,876$12,738$8,972$2,217
29 years$32,144$23,333$16,635$11,681$8,101$1,882
30 years$30,737$22,035$15,495$10,720$7,320$1,599
31 years$29,423$20,830$14,445$9,846$6,618$1,358
32 years$28,194$19,710$13,478$9,048$5,986$1,153
33 years$27,042$18,666$12,584$8,321$5,418$980
34 years$25,960$17,691$11,758$7,656$4,905$833
35 years$24,942$16,779$10,993$7,048$4,443$708
36 years$23,982$15,926$10,284$6,491$4,025$601
37 years$23,077$15,126$9,625$5,980$3,648$511
38 years$22,221$14,375$9,014$5,512$3,308$435
39 years$21,411$13,669$8,445$5,083$2,999$369
40 years$20,644$13,005$7,915$4,688$2,721$314
41 years$19,916$12,380$7,422$4,325$2,468$267
42 years$19,225$11,790$6,962$3,992$2,240$227
43 years$18,567$11,234$6,533$3,685$2,033$193
44 years$17,941$10,708$6,132$3,402$1,845$164
45 years$17,345$10,211$5,758$3,142$1,675$139
46 years$16,776$9,741$5,408$2,902$1,521$119
47 years$16,233$9,296$5,081$2,681$1,381$101
48 years$15,714$8,874$4,775$2,478$1,254$86
49 years$15,218$8,474$4,488$2,290$1,139$73
50 years$14,743$8,095$4,219$2,117$1,035$62

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 $6,515 every year, while hoping to spend $55,469 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: 53/39/8 Blend
49$15,100,000$15,100,000$15,100,000$15,100,000
50$16,646,920$15,846,620$15,612,570$17,496,149
51$18,285,887$16,564,086$16,076,573$18,790,276
52$20,090,170$17,314,849$16,554,260$20,190,866
53$22,076,572$18,100,481$17,046,033$21,713,260
54$24,263,609$18,922,631$17,552,301$23,368,979
55$26,671,684$19,783,026$18,073,490$25,170,681
56$29,323,277$20,683,476$18,610,033$27,132,275
57$32,243,162$21,625,877$19,162,380$29,269,042
58$35,458,636$22,612,217$19,730,991$31,597,775
59$38,999,779$23,644,577$20,316,341$34,136,936
60$42,899,735$24,725,140$20,918,917$36,906,815
61$47,195,029$25,856,193$21,539,222$39,929,723
62$51,925,908$27,040,133$22,177,772$43,230,190
63$57,136,722$28,279,470$22,835,099$46,835,189
64$62,876,342$29,576,838$23,511,749$50,774,388
65$69,198,620$30,934,995$24,208,284$55,080,414
66$76,162,901$32,356,832$24,925,283$59,789,158
67$83,834,579$33,845,378$25,663,342$64,940,105
68$92,285,714$35,403,809$26,423,072$70,576,690
69$101,595,715$37,035,454$27,205,103$76,746,709
70$111,852,087$38,743,801$28,010,083$83,502,749
71$123,151,258$40,532,505$28,838,678$90,902,682
72$135,599,487$42,405,398$29,691,575$99,010,194
73$149,313,870$44,366,498$30,569,478$107,895,378
74$164,423,441$46,420,014$31,473,113$117,635,380
75$181,070,396$48,570,357$32,403,225$128,315,116
76$199,411,426$50,822,155$33,360,583$140,028,062
77$219,619,204$53,180,253$34,345,975$152,877,117
78$241,884,012$55,649,735$35,360,215$166,975,564
79$266,415,535$58,235,926$36,404,136$182,448,119
80$293,444,844$60,944,410$37,478,598$199,432,097
81$323,226,571$63,781,040$38,584,485$218,078,688
82$356,041,322$66,751,950$39,722,705$238,554,366
83$392,198,314$69,863,573$40,894,193$261,042,443
84$432,038,304$73,122,651$42,099,911$285,744,778
85$475,936,800$76,536,249$43,340,847$312,883,663
86$524,307,605$80,111,777$44,618,017$342,703,901
87$577,606,728$83,857,002$45,932,468$375,475,093
88$636,336,684$87,780,065$47,285,275$411,494,156
89$701,051,239$91,889,501$48,677,545$451,088,107
90$772,360,637$96,194,258$50,110,414$494,617,121
91$850,937,362$100,703,716$51,585,053$542,477,903
92$937,522,485$105,427,710$53,102,664$595,107,407
93$1,032,932,660$110,376,550$54,664,485$652,986,928
94$1,138,067,833$115,561,043$56,271,788$716,646,616
95$1,253,919,740$120,992,522$57,925,880$786,670,448
96$1,381,581,264$126,682,867$59,628,108$863,701,707
97$1,522,256,758$132,644,532$61,379,855$948,449,017
98$1,677,273,410$138,890,576$63,182,542$1,041,692,995
99$1,848,093,773$145,434,690$65,037,633$1,144,293,583
100$2,036,329,576$152,291,228$66,946,631$1,257,198,125