Can I retire at age 50 with 15,200,000?

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 $15,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$1,255,202$1,244,021$1,233,113$1,222,466$1,212,069$1,181,809
2 years$621,387$609,814$598,598$587,724$577,176$546,880
3 years$410,143$398,520$387,333$376,560$366,184$336,801
4 years$304,542$292,955$281,879$271,291$261,166$232,921
5 years$241,198$229,680$218,750$208,377$198,534$171,507
6 years$198,982$187,551$176,782$166,641$157,093$131,310
7 years$168,840$157,505$146,907$137,005$127,759$103,222
8 years$146,243$135,011$124,589$114,930$105,988$82,687
9 years$128,678$117,551$107,308$97,895$89,257$67,173
10 years$114,633$103,616$93,554$84,386$76,052$55,157
11 years$103,150$92,243$82,363$73,441$65,407$45,672
12 years$93,587$82,792$73,095$64,418$56,680$38,072
13 years$85,502$74,820$65,306$56,871$49,426$31,907
14 years$78,578$68,009$58,678$50,484$43,327$26,858
15 years$72,583$62,128$52,978$45,023$38,148$22,689
16 years$67,342$57,001$48,032$40,313$33,716$19,225
17 years$62,722$52,496$43,707$36,221$29,895$16,330
18 years$58,621$48,509$39,899$32,642$26,581$13,900
19 years$54,955$44,957$36,526$29,495$23,692$11,852
20 years$51,660$41,776$33,522$26,714$21,162$10,121
21 years$48,683$38,913$30,833$24,244$18,938$8,654
22 years$45,980$36,324$28,418$22,044$16,975$7,407
23 years$43,515$33,973$26,239$20,076$15,238$6,346
24 years$41,260$31,831$24,266$18,310$13,696$5,441
25 years$39,188$29,871$22,476$16,722$12,324$4,668
26 years$37,279$28,074$20,845$15,290$11,101$4,007
27 years$35,514$26,421$19,356$13,995$10,009$3,441
28 years$33,877$24,897$17,994$12,822$9,031$2,956
29 years$32,357$23,487$16,745$11,758$8,155$2,541
30 years$30,941$22,181$15,598$10,791$7,368$2,185
31 years$29,618$20,968$14,541$9,911$6,662$1,879
32 years$28,381$19,840$13,567$9,108$6,026$1,616
33 years$27,221$18,789$12,668$8,376$5,454$1,390
34 years$26,132$17,808$11,836$7,707$4,938$1,196
35 years$25,107$16,890$11,066$7,094$4,472$1,029
36 years$24,141$16,032$10,352$6,534$4,052$886
37 years$23,230$15,226$9,689$6,020$3,672$763
38 years$22,368$14,470$9,073$5,549$3,329$657
39 years$21,553$13,760$8,501$5,116$3,019$565
40 years$20,781$13,091$7,968$4,719$2,739$487
41 years$20,048$12,462$7,471$4,354$2,485$419
42 years$19,352$11,868$7,008$4,018$2,254$361
43 years$18,690$11,308$6,576$3,709$2,046$311
44 years$18,060$10,779$6,173$3,425$1,857$268
45 years$17,459$10,279$5,796$3,163$1,686$230
46 years$16,887$9,805$5,444$2,922$1,531$198
47 years$16,340$9,357$5,115$2,699$1,390$171
48 years$15,818$8,933$4,806$2,494$1,262$147
49 years$15,318$8,530$4,518$2,305$1,147$127
50 years$14,841$8,149$4,247$2,131$1,041$109

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,200,000, adding $4,487 every year, while hoping to spend $50,767 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: 45/26/29 Blend
49$15,200,000$15,200,000$15,200,000$15,200,000
50$16,755,028$15,949,428$15,713,828$17,368,219
51$18,410,026$16,676,935$16,186,226$18,532,946
52$20,232,131$17,438,387$16,672,747$19,790,140
53$22,238,336$18,235,396$17,173,812$21,152,690
54$24,447,364$19,069,648$17,689,852$22,630,470
55$26,879,845$19,942,910$18,221,312$24,234,325
56$29,558,513$20,857,037$18,768,650$25,976,172
57$32,508,418$21,813,968$19,332,336$27,869,105
58$35,757,164$22,815,740$19,912,857$29,927,512
59$39,335,168$23,864,485$20,510,711$32,167,209
60$43,275,947$24,962,437$21,126,412$34,605,581
61$47,616,437$26,111,940$21,760,490$37,261,742
62$52,397,337$27,315,448$22,413,490$40,156,707
63$57,663,495$28,575,535$23,085,972$43,313,587
64$63,464,333$29,894,897$23,778,513$46,757,800
65$69,854,309$31,276,362$24,491,708$50,517,299
66$76,893,437$32,722,892$25,226,168$54,622,837
67$84,647,846$34,237,592$25,982,524$59,108,244
68$93,190,411$35,823,718$26,761,422$64,010,741
69$102,601,434$37,484,681$27,563,531$69,371,279
70$112,969,408$39,224,059$28,389,537$75,234,925
71$124,391,848$41,045,598$29,240,147$81,651,270
72$136,976,213$42,953,229$30,116,089$88,674,893
73$150,840,920$44,951,070$31,018,111$96,365,865
74$166,116,461$47,043,439$31,946,984$104,790,306
75$182,946,634$49,234,862$32,903,503$114,020,998
76$201,489,903$51,530,083$33,888,483$124,138,062
77$221,920,892$53,934,076$34,902,765$135,229,702
78$244,432,030$56,452,053$35,947,215$147,393,026
79$269,235,374$59,089,480$37,022,723$160,734,951
80$296,564,603$61,852,086$38,130,206$175,373,195
81$326,677,232$64,745,877$39,270,607$191,437,381
82$359,857,034$67,777,150$40,444,897$209,070,242
83$396,416,726$70,952,504$41,654,075$228,428,953
84$436,700,916$74,278,861$42,899,171$249,686,601
85$481,089,359$77,763,475$44,181,243$273,033,803
86$530,000,539$81,413,950$45,501,379$298,680,486
87$583,895,621$85,238,261$46,860,703$326,857,854
88$643,282,805$89,244,766$48,260,367$357,820,548
89$708,722,121$93,442,230$49,701,559$391,849,035
90$780,830,718$97,839,840$51,185,503$429,252,231
91$860,288,689$102,447,230$52,713,455$470,370,398
92$947,845,490$107,274,499$54,286,710$515,578,335
93$1,044,327,017$112,332,236$55,906,601$565,288,892
94$1,150,643,399$117,631,542$57,574,499$619,956,841
95$1,267,797,596$123,184,058$59,291,815$680,083,147
96$1,396,894,861$129,001,987$61,060,001$746,219,669
97$1,539,153,178$135,098,125$62,880,551$818,974,345
98$1,695,914,756$141,485,887$64,755,004$899,016,896
99$1,868,658,705$148,179,340$66,684,941$987,085,124
100$2,059,014,998$155,193,233$68,671,992$1,083,991,843