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

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 $15,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,189,584
2 years$625,475$613,826$602,537$591,591$580,973$550,478
3 years$412,841$401,142$389,881$379,038$368,593$339,017
4 years$306,545$294,882$283,734$273,075$262,884$234,454
5 years$242,784$231,191$220,189$209,748$199,840$172,635
6 years$200,291$188,785$177,945$167,737$158,127$132,174
7 years$169,950$158,541$147,873$137,906$128,599$103,901
8 years$147,205$135,899$125,408$115,686$106,686$83,231
9 years$129,524$118,325$108,014$98,539$89,845$67,615
10 years$115,387$104,297$94,169$84,941$76,552$55,520
11 years$103,829$92,850$82,905$73,924$65,837$45,973
12 years$94,203$83,337$73,576$64,842$57,053$38,322
13 years$86,065$75,312$65,735$57,245$49,752$32,117
14 years$79,095$68,457$59,064$50,816$43,612$27,034
15 years$73,060$62,537$53,326$45,319$38,399$22,838
16 years$67,785$57,376$48,348$40,578$33,937$19,351
17 years$63,135$52,841$43,995$36,459$30,091$16,437
18 years$59,006$48,828$40,162$32,857$26,756$13,991
19 years$55,316$45,253$36,766$29,689$23,848$11,930
20 years$52,000$42,051$33,742$26,889$21,302$10,188
21 years$49,003$39,169$31,036$24,404$19,062$8,711
22 years$46,282$36,563$28,605$22,189$17,087$7,456
23 years$43,802$34,197$26,411$20,208$15,338$6,387
24 years$41,531$32,040$24,426$18,431$13,786$5,476
25 years$39,446$30,068$22,623$16,832$12,405$4,698
26 years$37,524$28,259$20,982$15,390$11,174$4,033
27 years$35,747$26,595$19,484$14,087$10,075$3,464
28 years$34,100$25,060$18,113$12,907$9,091$2,976
29 years$32,570$23,642$16,855$11,836$8,209$2,558
30 years$31,144$22,327$15,700$10,862$7,417$2,199
31 years$29,813$21,106$14,637$9,976$6,706$1,891
32 years$28,568$19,971$13,656$9,168$6,066$1,627
33 years$27,400$18,913$12,751$8,431$5,489$1,399
34 years$26,304$17,925$11,914$7,757$4,970$1,204
35 years$25,272$17,002$11,139$7,141$4,502$1,036
36 years$24,300$16,137$10,420$6,577$4,079$892
37 years$23,383$15,326$9,753$6,060$3,697$768
38 years$22,516$14,566$9,133$5,585$3,351$661
39 years$21,695$13,850$8,557$5,150$3,039$569
40 years$20,918$13,178$8,020$4,750$2,757$490
41 years$20,180$12,544$7,520$4,382$2,501$422
42 years$19,479$11,946$7,054$4,044$2,269$363
43 years$18,813$11,382$6,620$3,734$2,059$313
44 years$18,179$10,850$6,214$3,447$1,869$269
45 years$17,574$10,346$5,834$3,184$1,697$232
46 years$16,998$9,870$5,480$2,941$1,541$200
47 years$16,448$9,419$5,148$2,717$1,399$172
48 years$15,922$8,992$4,838$2,511$1,271$148
49 years$15,419$8,587$4,547$2,320$1,154$128
50 years$14,938$8,202$4,275$2,145$1,048$110

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 $3,123 every year, while hoping to spend $59,365 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: 57/19/24 Blend
49$15,300,000$15,300,000$15,300,000$15,300,000
50$16,863,821$16,052,921$15,815,771$17,715,049
51$18,520,767$16,776,351$16,282,436$19,020,793
52$20,344,732$17,533,238$16,762,744$20,436,639
53$22,352,689$18,325,161$17,257,090$21,978,528
54$24,563,340$19,153,771$17,765,879$23,658,636
55$26,997,294$20,020,799$18,289,530$25,490,359
56$29,677,259$20,928,059$18,828,470$27,488,427
57$32,628,257$21,877,452$19,383,141$29,669,046
58$35,877,860$22,870,968$19,953,998$32,050,046
59$39,456,451$23,910,694$20,541,506$34,651,042
60$43,397,508$24,998,817$21,146,145$37,493,618
61$47,737,923$26,137,628$21,768,409$40,601,528
62$52,518,346$27,329,527$22,408,807$44,000,909
63$57,783,574$28,577,031$23,067,859$47,720,532
64$63,582,969$29,882,776$23,746,102$51,792,061
65$69,970,924$31,249,524$24,444,089$56,250,352
66$77,007,380$32,680,172$25,162,387$61,133,772
67$84,758,385$34,177,753$25,901,579$66,484,560
68$93,296,725$35,745,448$26,662,267$72,349,217
69$102,702,605$37,386,588$27,445,067$78,778,942
70$113,064,407$39,104,668$28,250,613$85,830,105
71$124,479,526$40,903,346$29,079,558$93,564,776
72$137,055,288$42,786,460$29,932,574$102,051,299
73$150,909,962$44,758,031$30,810,349$111,364,939
74$166,173,875$46,822,272$31,713,593$121,588,575
75$182,990,647$48,983,600$32,643,036$132,813,483
76$201,518,542$51,246,645$33,599,426$145,140,181
77$221,931,962$53,616,259$34,583,535$158,679,379
78$244,423,094$56,097,528$35,596,156$173,553,007
79$269,203,725$58,695,783$36,638,103$189,895,363
80$296,507,239$61,416,610$37,710,213$207,854,364
81$326,590,821$64,265,867$38,813,348$227,592,941
82$359,737,882$67,249,692$39,948,393$249,290,560
83$396,260,741$70,374,521$41,116,259$273,144,908
84$436,503,563$73,647,099$42,317,880$299,373,747
85$480,845,615$77,074,497$43,554,218$328,216,958
86$529,704,847$80,664,125$44,826,263$359,938,794
87$583,541,828$84,423,755$46,135,030$394,830,358
88$642,864,105$88,361,529$47,481,563$433,212,344
89$708,230,986$92,485,986$48,866,938$475,438,043
90$780,258,823$96,806,076$50,292,257$521,896,670
91$859,626,830$101,331,181$51,758,655$573,017,018
92$947,083,494$106,071,137$53,267,298$629,271,491
93$1,043,453,643$111,036,254$54,819,384$691,180,548
94$1,149,646,226$116,237,343$56,416,145$759,317,600
95$1,266,662,903$121,685,735$58,058,848$834,314,401
96$1,395,607,494$127,393,310$59,748,794$916,866,994
97$1,537,696,399$133,372,522$61,487,319$1,007,742,266
98$1,694,270,086$139,636,430$63,275,799$1,107,785,162
99$1,866,805,741$146,198,722$65,115,645$1,217,926,639
100$2,056,931,217$153,073,750$67,008,309$1,339,192,440