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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.1%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,183,661
2 years$617,299$605,802$594,660$583,857$573,379$552,854
3 years$407,445$395,899$384,785$374,083$363,775$343,799
4 years$302,538$291,027$280,025$269,506$259,447$240,175
5 years$239,611$228,169$217,311$207,006$197,228$178,714
6 years$197,673$186,317$175,619$165,545$156,060$138,325
7 years$167,729$156,469$145,940$136,103$126,918$109,968
8 years$145,281$134,123$123,769$114,174$105,291$89,122
9 years$127,831$116,778$106,602$97,251$88,670$73,274
10 years$113,879$102,934$92,938$83,831$75,551$60,914
11 years$102,471$91,636$81,821$72,958$64,977$51,082
12 years$92,972$82,248$72,614$63,994$56,307$43,138
13 years$84,940$74,328$64,876$56,497$49,101$36,637
14 years$78,061$67,562$58,292$50,152$43,042$31,262
15 years$72,105$61,719$52,629$44,727$37,897$26,779
16 years$66,899$56,626$47,716$40,048$33,494$23,013
17 years$62,310$52,150$43,420$35,983$29,698$19,831
18 years$58,235$48,189$39,637$32,428$26,406$17,129
19 years$54,593$44,661$36,286$29,301$23,536$14,824
20 years$51,320$41,502$33,301$26,538$21,023$12,851
21 years$48,362$38,657$30,631$24,085$18,813$11,157
22 years$45,677$36,085$28,231$21,899$16,863$9,698
23 years$43,229$33,750$26,066$19,943$15,138$8,439
24 years$40,988$31,621$24,107$18,190$13,606$7,350
25 years$38,930$29,675$22,328$16,612$12,243$6,407
26 years$37,033$27,890$20,708$15,189$11,028$5,589
27 years$35,280$26,247$19,229$13,903$9,943$4,878
28 years$33,655$24,733$17,876$12,738$8,972$4,260
29 years$32,144$23,333$16,635$11,681$8,101$3,722
30 years$30,737$22,035$15,495$10,720$7,320$3,253
31 years$29,423$20,830$14,445$9,846$6,618$2,844
32 years$28,194$19,710$13,478$9,048$5,986$2,487
33 years$27,042$18,666$12,584$8,321$5,418$2,176
34 years$25,960$17,691$11,758$7,656$4,905$1,904
35 years$24,942$16,779$10,993$7,048$4,443$1,666
36 years$23,982$15,926$10,284$6,491$4,025$1,459
37 years$23,077$15,126$9,625$5,980$3,648$1,277
38 years$22,221$14,375$9,014$5,512$3,308$1,118
39 years$21,411$13,669$8,445$5,083$2,999$979
40 years$20,644$13,005$7,915$4,688$2,721$858
41 years$19,916$12,380$7,422$4,325$2,468$751
42 years$19,225$11,790$6,962$3,992$2,240$658
43 years$18,567$11,234$6,533$3,685$2,033$576
44 years$17,941$10,708$6,132$3,402$1,845$505
45 years$17,345$10,211$5,758$3,142$1,675$442
46 years$16,776$9,741$5,408$2,902$1,521$388
47 years$16,233$9,296$5,081$2,681$1,381$340
48 years$15,714$8,874$4,775$2,478$1,254$298
49 years$15,218$8,474$4,488$2,290$1,139$261
50 years$14,743$8,095$4,219$2,117$1,035$228

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 $6,322 every year, while hoping to spend $42,115 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: 79/8/13 Blend
49$15,100,000$15,100,000$15,100,000$15,100,000
50$16,646,721$15,846,421$15,612,371$17,919,155
51$18,299,877$16,578,086$16,090,576$19,488,570
52$20,120,243$17,344,190$16,583,388$21,203,973
53$22,124,830$18,146,378$17,091,254$23,084,810
54$24,332,383$18,986,371$17,614,632$25,147,606
55$26,763,558$19,865,975$18,153,994$27,410,558
56$29,441,114$20,787,081$18,709,826$29,893,705
57$32,390,133$21,751,674$19,282,630$32,619,116
58$35,638,251$22,761,831$19,872,923$35,611,095
59$39,215,924$23,819,732$20,481,238$38,896,411
60$43,156,711$24,927,661$21,108,121$42,504,544
61$47,497,592$26,088,012$21,754,140$46,467,966
62$52,279,318$27,303,297$22,419,875$50,822,444
63$57,546,794$28,576,144$23,105,927$55,607,372
64$63,349,505$29,909,313$23,812,914$60,866,145
65$69,741,981$31,305,696$24,541,472$66,646,563
66$76,784,309$32,768,321$25,292,258$73,001,283
67$84,542,708$34,300,368$26,065,948$79,988,308
68$93,090,145$35,905,167$26,863,238$87,671,536
69$102,507,029$37,586,209$27,684,845$96,121,360
70$112,881,968$39,347,156$28,531,510$105,415,326
71$124,312,607$41,191,845$29,403,994$115,638,866
72$136,906,546$43,124,298$30,303,081$126,886,099
73$150,782,360$45,148,735$31,229,580$139,260,716
74$166,070,714$47,269,576$32,184,324$152,876,956
75$182,915,600$49,491,458$33,168,172$167,860,677
76$201,475,692$51,819,241$34,182,007$184,350,548
77$221,925,850$54,258,021$35,226,741$202,499,346
78$244,458,762$56,813,139$36,303,312$222,475,397
79$269,286,769$59,490,197$37,412,687$244,464,163
80$296,643,870$62,295,067$38,555,863$268,669,983
81$326,787,926$65,233,906$39,733,865$295,318,001
82$360,003,096$68,313,169$40,947,751$324,656,285
83$396,602,521$71,539,624$42,198,610$356,958,164
84$436,931,280$74,920,368$43,487,566$392,524,803
85$481,369,645$78,462,840$44,815,773$431,688,039
86$530,336,671$82,174,841$46,184,424$474,813,509
87$584,294,154$86,064,551$47,594,745$522,304,094
88$643,750,990$90,140,546$49,048,000$574,603,719
89$709,267,976$94,411,818$50,545,493$632,201,532
90$781,463,107$98,887,795$52,088,566$695,636,521
91$861,017,411$103,578,363$53,678,599$765,502,589
92$948,681,373$108,493,890$55,317,019$842,454,155
93$1,045,282,026$113,645,242$57,005,291$927,212,328
94$1,151,730,752$119,043,819$58,744,928$1,020,571,699
95$1,269,031,892$124,701,569$60,537,486$1,123,407,839
96$1,398,292,223$130,631,024$62,384,570$1,236,685,554
97$1,540,731,409$136,845,324$64,287,833$1,361,467,983
98$1,697,693,513$143,358,245$66,248,976$1,498,926,628
99$1,870,659,689$150,184,236$68,269,753$1,650,352,399
100$2,061,262,159$157,338,446$70,351,972$1,817,167,791