Can I retire at age 50 with 15,300,000?

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 $15,300,000?

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$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,206,800
2 years$625,475$613,826$602,537$591,591$580,973$567,639
3 years$412,841$401,142$389,881$379,038$368,593$355,582
4 years$306,545$294,882$283,734$273,075$262,884$250,295
5 years$242,784$231,191$220,189$209,748$199,840$187,712
6 years$200,291$188,785$177,945$167,737$158,127$146,473
7 years$169,950$158,541$147,873$137,906$128,599$117,425
8 years$147,205$135,899$125,408$115,686$106,686$95,990
9 years$129,524$118,325$108,014$98,539$89,845$79,624
10 years$115,387$104,297$94,169$84,941$76,552$66,800
11 years$103,829$92,850$82,905$73,924$65,837$56,545
12 years$94,203$83,337$73,576$64,842$57,053$48,212
13 years$86,065$75,312$65,735$57,245$49,752$41,350
14 years$79,095$68,457$59,064$50,816$43,612$35,638
15 years$73,060$62,537$53,326$45,319$38,399$30,841
16 years$67,785$57,376$48,348$40,578$33,937$26,782
17 years$63,135$52,841$43,995$36,459$30,091$23,326
18 years$59,006$48,828$40,162$32,857$26,756$20,366
19 years$55,316$45,253$36,766$29,689$23,848$17,820
20 years$52,000$42,051$33,742$26,889$21,302$15,621
21 years$49,003$39,169$31,036$24,404$19,062$13,715
22 years$46,282$36,563$28,605$22,189$17,087$12,059
23 years$43,802$34,197$26,411$20,208$15,338$10,615
24 years$41,531$32,040$24,426$18,431$13,786$9,354
25 years$39,446$30,068$22,623$16,832$12,405$8,251
26 years$37,524$28,259$20,982$15,390$11,174$7,283
27 years$35,747$26,595$19,484$14,087$10,075$6,434
28 years$34,100$25,060$18,113$12,907$9,091$5,687
29 years$32,570$23,642$16,855$11,836$8,209$5,030
30 years$31,144$22,327$15,700$10,862$7,417$4,450
31 years$29,813$21,106$14,637$9,976$6,706$3,939
32 years$28,568$19,971$13,656$9,168$6,066$3,488
33 years$27,400$18,913$12,751$8,431$5,489$3,090
34 years$26,304$17,925$11,914$7,757$4,970$2,738
35 years$25,272$17,002$11,139$7,141$4,502$2,427
36 years$24,300$16,137$10,420$6,577$4,079$2,151
37 years$23,383$15,326$9,753$6,060$3,697$1,908
38 years$22,516$14,566$9,133$5,585$3,351$1,692
39 years$21,695$13,850$8,557$5,150$3,039$1,501
40 years$20,918$13,178$8,020$4,750$2,757$1,331
41 years$20,180$12,544$7,520$4,382$2,501$1,181
42 years$19,479$11,946$7,054$4,044$2,269$1,048
43 years$18,813$11,382$6,620$3,734$2,059$930
44 years$18,179$10,850$6,214$3,447$1,869$825
45 years$17,574$10,346$5,834$3,184$1,697$733
46 years$16,998$9,870$5,480$2,941$1,541$650
47 years$16,448$9,419$5,148$2,717$1,399$577
48 years$15,922$8,992$4,838$2,511$1,271$512
49 years$15,419$8,587$4,547$2,320$1,154$455
50 years$14,938$8,202$4,275$2,145$1,048$404

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,300,000, adding $5,066 every year, while hoping to spend $54,264 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: 53/20/27 Blend
49$15,300,000$15,300,000$15,300,000$15,300,000
50$16,865,826$16,054,926$15,817,776$17,632,468
51$18,528,403$16,783,880$16,289,935$18,892,791
52$20,358,745$17,546,735$16,776,092$20,257,660
53$22,373,906$18,345,094$17,276,660$21,741,949
54$24,592,678$19,180,638$17,792,062$23,357,103
55$27,035,769$20,055,127$18,322,734$25,115,709
56$29,725,996$20,970,407$18,869,124$27,031,607
57$32,688,503$21,928,412$19,431,695$29,120,015
58$35,950,995$22,931,168$20,010,921$31,397,674
59$39,544,001$23,980,800$20,607,292$33,882,997
60$43,501,163$25,079,533$21,221,310$36,596,240
61$47,859,551$26,229,700$21,853,493$39,559,688
62$52,660,015$27,433,745$22,504,375$42,797,862
63$57,947,568$28,694,230$23,174,503$46,337,742
64$63,771,813$30,013,840$23,864,441$50,209,021
65$70,187,408$31,395,389$24,574,771$54,444,375
66$77,254,587$32,841,826$25,306,089$59,079,770
67$85,039,723$34,356,243$26,059,011$64,154,791
68$93,615,954$35,941,879$26,834,167$69,713,012
69$103,063,881$37,602,130$27,632,211$75,802,403
70$113,472,317$39,340,554$28,453,810$82,475,771
71$124,939,135$41,160,883$29,299,655$89,791,254
72$137,572,187$43,067,027$30,170,453$97,812,861
73$151,490,322$45,063,083$31,066,935$106,611,073
74$166,824,508$47,153,348$31,989,851$116,263,493
75$183,719,070$49,342,324$32,939,973$126,855,575
76$202,333,049$51,634,731$33,918,096$138,481,422
77$222,841,704$54,035,518$34,925,037$151,244,662
78$245,438,169$56,549,869$35,961,637$165,259,419
79$270,335,272$59,183,222$37,028,761$180,651,381
80$297,767,545$61,941,275$38,127,300$197,558,971
81$327,993,439$64,830,002$39,258,169$216,134,651
82$361,297,763$67,855,666$40,422,311$236,546,343
83$397,994,372$71,024,830$41,620,695$258,979,005
84$438,429,127$74,344,377$42,854,318$283,636,363
85$482,983,167$77,821,520$44,124,206$310,742,825
86$532,076,499$81,463,823$45,431,416$340,545,582
87$586,171,965$85,279,213$46,777,031$373,316,929
88$645,779,614$89,276,003$48,162,171$409,356,821
89$711,461,514$93,462,907$49,587,983$448,995,687
90$783,837,057$97,849,058$51,055,649$492,597,537
91$863,588,810$102,444,035$52,566,386$540,563,380
92$951,468,953$107,257,877$54,121,445$593,334,990
93$1,048,306,385$112,301,112$55,722,111$651,399,062
94$1,155,014,544$117,584,774$57,369,710$715,291,783
95$1,272,600,033$123,120,434$59,065,601$785,603,879
96$1,402,172,124$128,920,222$60,811,186$862,986,166
97$1,544,953,225$134,996,858$62,607,905$948,155,675
98$1,702,290,424$141,363,674$64,457,240$1,041,902,397
99$1,875,668,204$148,034,651$66,360,715$1,145,096,719
100$2,066,722,459$155,024,447$68,319,897$1,258,697,614