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%19.5%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,173,491
2 years$625,475$613,826$602,537$591,591$580,973$534,620
3 years$412,841$401,142$389,881$379,038$368,593$323,898
4 years$306,545$294,882$283,734$273,075$262,884$220,187
5 years$242,784$231,191$220,189$209,748$199,840$159,252
6 years$200,291$188,785$177,945$167,737$158,127$119,675
7 years$169,950$158,541$147,873$137,906$128,599$92,272
8 years$147,205$135,899$125,408$115,686$106,686$72,448
9 years$129,524$118,325$108,014$98,539$89,845$57,648
10 years$115,387$104,297$94,169$84,941$76,552$46,336
11 years$103,829$92,850$82,905$73,924$65,837$37,534
12 years$94,203$83,337$73,576$64,842$57,053$30,591
13 years$86,065$75,312$65,735$57,245$49,752$25,053
14 years$79,095$68,457$59,064$50,816$43,612$20,596
15 years$73,060$62,537$53,326$45,319$38,399$16,986
16 years$67,785$57,376$48,348$40,578$33,937$14,044
17 years$63,135$52,841$43,995$36,459$30,091$11,636
18 years$59,006$48,828$40,162$32,857$26,756$9,657
19 years$55,316$45,253$36,766$29,689$23,848$8,026
20 years$52,000$42,051$33,742$26,889$21,302$6,678
21 years$49,003$39,169$31,036$24,404$19,062$5,562
22 years$46,282$36,563$28,605$22,189$17,087$4,636
23 years$43,802$34,197$26,411$20,208$15,338$3,867
24 years$41,531$32,040$24,426$18,431$13,786$3,227
25 years$39,446$30,068$22,623$16,832$12,405$2,694
26 years$37,524$28,259$20,982$15,390$11,174$2,250
27 years$35,747$26,595$19,484$14,087$10,075$1,880
28 years$34,100$25,060$18,113$12,907$9,091$1,571
29 years$32,570$23,642$16,855$11,836$8,209$1,313
30 years$31,144$22,327$15,700$10,862$7,417$1,098
31 years$29,813$21,106$14,637$9,976$6,706$918
32 years$28,568$19,971$13,656$9,168$6,066$768
33 years$27,400$18,913$12,751$8,431$5,489$642
34 years$26,304$17,925$11,914$7,757$4,970$537
35 years$25,272$17,002$11,139$7,141$4,502$449
36 years$24,300$16,137$10,420$6,577$4,079$376
37 years$23,383$15,326$9,753$6,060$3,697$314
38 years$22,516$14,566$9,133$5,585$3,351$263
39 years$21,695$13,850$8,557$5,150$3,039$220
40 years$20,918$13,178$8,020$4,750$2,757$184
41 years$20,180$12,544$7,520$4,382$2,501$154
42 years$19,479$11,946$7,054$4,044$2,269$129
43 years$18,813$11,382$6,620$3,734$2,059$108
44 years$18,179$10,850$6,214$3,447$1,869$90
45 years$17,574$10,346$5,834$3,184$1,697$76
46 years$16,998$9,870$5,480$2,941$1,541$63
47 years$16,448$9,419$5,148$2,717$1,399$53
48 years$15,922$8,992$4,838$2,511$1,271$44
49 years$15,419$8,587$4,547$2,320$1,154$37
50 years$14,938$8,202$4,275$2,145$1,048$31

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 $6,337 every year, while hoping to spend $21,499 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: 33/45/22 Blend
49$15,300,000$15,300,000$15,300,000$15,300,000
50$16,867,137$16,056,237$15,819,087$17,309,623
51$18,564,710$16,820,117$16,326,151$18,404,699
52$20,434,715$17,620,708$16,849,482$19,581,699
53$22,494,717$18,459,784$17,389,601$20,849,779
54$24,764,073$19,339,208$17,947,047$22,216,980
55$27,264,113$20,260,933$18,522,377$23,692,107
56$30,018,340$21,227,007$19,116,165$25,284,806
57$33,052,658$22,239,577$19,729,004$27,005,644
58$36,395,608$23,300,896$20,361,504$28,866,202
59$40,078,643$24,413,323$21,014,298$30,879,179
60$44,136,425$25,579,336$21,688,037$33,058,494
61$48,607,148$26,801,531$22,383,394$35,419,418
62$53,532,902$28,082,631$23,101,063$37,978,699
63$58,960,070$29,425,492$23,841,760$40,754,717
64$64,939,763$30,833,107$24,606,225$43,767,639
65$71,528,306$32,308,617$25,395,221$47,039,605
66$78,787,769$33,855,314$26,209,537$50,594,921
67$86,786,549$35,476,653$27,049,984$54,460,275
68$95,600,022$37,176,253$27,917,403$58,664,979
69$105,311,248$38,957,913$28,812,660$63,241,227
70$116,011,759$40,825,615$29,736,648$68,224,391
71$127,802,424$42,783,536$30,690,291$73,653,332
72$140,794,397$44,836,055$31,674,542$79,570,758
73$155,110,169$46,987,765$32,690,382$86,023,606
74$170,884,724$49,243,484$33,738,828$93,063,467
75$188,266,814$51,608,262$34,820,927$100,747,061
76$207,420,360$54,087,397$35,937,758$109,136,745
77$228,526,003$56,686,446$37,090,440$118,301,088
78$251,782,807$59,411,234$38,280,122$128,315,494
79$277,410,141$62,267,872$39,507,993$139,262,892
80$305,649,746$65,262,769$40,775,281$151,234,499
81$336,768,019$68,402,644$42,083,253$164,330,654
82$371,058,529$71,694,545$43,433,214$178,661,739
83$408,844,787$75,145,866$44,826,514$194,349,198
84$450,483,299$78,764,357$46,264,546$211,526,656
85$496,366,934$82,558,149$47,748,747$230,341,148
86$546,928,632$86,535,768$49,280,600$250,954,478
87$602,645,489$90,706,158$50,861,637$273,544,717
88$664,043,265$95,078,695$52,493,438$298,307,850
89$731,701,344$99,663,217$54,177,634$325,459,590
90$806,258,205$104,470,039$55,915,909$355,237,378
91$888,417,451$109,509,981$57,710,001$387,902,589
92$978,954,449$114,794,388$59,561,704$423,742,956
93$1,078,723,651$120,335,160$61,472,869$463,075,250
94$1,188,666,660$126,144,781$63,445,408$506,248,219
95$1,309,821,123$132,236,338$65,481,292$553,645,842
96$1,443,330,520$138,623,561$67,582,557$605,690,901
97$1,590,454,966$145,320,848$69,751,306$662,848,923
98$1,752,583,105$152,343,302$71,989,707$725,632,526
99$1,931,245,218$159,706,761$74,299,999$794,606,198
100$2,128,127,675$167,427,836$76,684,493$870,391,569