Can I retire at age 50 with 15,400,000?

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 $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,181,629
2 years$629,563$617,838$606,475$595,457$584,770$538,573
3 years$415,540$403,764$392,429$381,515$371,002$326,450
4 years$308,549$296,809$285,588$274,860$264,602$222,034
5 years$244,371$232,702$221,628$211,119$201,146$160,672
6 years$201,600$190,019$179,108$168,834$159,160$120,808
7 years$171,061$159,577$148,840$138,807$129,440$93,199
8 years$148,168$136,787$126,228$116,442$107,383$73,220
9 years$130,371$119,098$108,720$99,183$90,432$58,297
10 years$116,142$104,979$94,785$85,497$77,052$46,888
11 years$104,507$93,457$83,447$74,408$66,268$38,006
12 years$94,819$83,882$74,057$65,265$57,426$30,996
13 years$86,627$75,805$66,165$57,620$50,077$25,402
14 years$79,612$68,904$59,450$51,148$43,897$20,898
15 years$73,538$62,945$53,675$45,615$38,650$17,247
16 years$68,228$57,751$48,664$40,844$34,159$14,271
17 years$63,548$53,187$44,283$36,698$30,288$11,832
18 years$59,392$49,147$40,424$33,072$26,931$9,827
19 years$55,678$45,549$37,006$29,883$24,004$8,174
20 years$52,340$42,326$33,963$27,065$21,441$6,806
21 years$49,323$39,425$31,239$24,563$19,187$5,673
22 years$46,585$36,802$28,792$22,334$17,198$4,732
23 years$44,088$34,420$26,584$20,340$15,438$3,950
24 years$41,803$32,249$24,586$18,551$13,876$3,299
25 years$39,704$30,264$22,771$16,942$12,487$2,757
26 years$37,769$28,444$21,119$15,491$11,247$2,304
27 years$35,981$26,769$19,611$14,179$10,141$1,927
28 years$34,323$25,224$18,231$12,991$9,150$1,611
29 years$32,783$23,796$16,966$11,913$8,262$1,348
30 years$31,348$22,473$15,803$10,933$7,465$1,128
31 years$30,008$21,244$14,732$10,041$6,749$944
32 years$28,754$20,101$13,746$9,228$6,105$790
33 years$27,579$19,036$12,834$8,486$5,525$661
34 years$26,475$18,042$11,992$7,808$5,003$554
35 years$25,437$17,113$11,211$7,188$4,531$463
36 years$24,459$16,242$10,488$6,620$4,105$388
37 years$23,535$15,427$9,817$6,099$3,721$325
38 years$22,663$14,661$9,193$5,622$3,373$272
39 years$21,837$13,941$8,613$5,183$3,059$228
40 years$21,054$13,264$8,073$4,781$2,775$191
41 years$20,312$12,626$7,570$4,411$2,517$160
42 years$19,606$12,024$7,101$4,071$2,284$134
43 years$18,936$11,457$6,663$3,758$2,073$112
44 years$18,297$10,921$6,254$3,470$1,882$94
45 years$17,689$10,414$5,873$3,204$1,708$79
46 years$17,109$9,934$5,516$2,960$1,551$66
47 years$16,555$9,481$5,182$2,735$1,408$55
48 years$16,026$9,050$4,869$2,527$1,279$46
49 years$15,520$8,643$4,577$2,335$1,162$39
50 years$15,036$8,256$4,303$2,159$1,055$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,400,000, adding $4,972 every year, while hoping to spend $50,771 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: 63/20/17 Blend
49$15,400,000$15,400,000$15,400,000$15,400,000
50$16,975,929$16,159,729$15,921,029$17,972,855
51$18,653,453$16,897,535$16,400,363$19,381,220
52$20,500,384$17,669,793$16,894,054$20,912,364
53$22,533,946$18,478,136$17,402,528$22,583,252
54$24,773,122$19,324,277$17,926,225$24,407,497
55$27,238,825$20,210,012$18,465,599$26,400,078
56$29,954,104$21,137,221$19,021,115$28,577,471
57$32,944,354$22,107,877$19,593,254$30,957,806
58$36,237,561$23,124,045$20,182,510$33,561,033
59$39,864,560$24,187,891$20,789,392$36,409,102
60$43,859,332$25,301,685$21,414,424$39,526,176
61$48,259,321$26,467,805$22,058,144$42,938,842
62$53,105,789$27,688,744$22,721,109$46,676,369
63$58,444,203$28,967,116$23,403,890$50,770,971
64$64,324,666$30,305,660$24,107,075$55,258,111
65$70,802,391$31,707,245$24,831,270$60,176,829
66$77,938,216$33,174,882$25,577,099$65,570,105
67$85,799,185$34,711,723$26,345,204$71,485,259
68$94,459,179$36,321,074$27,136,245$77,974,393
69$103,999,609$38,006,400$27,950,903$85,094,875
70$114,510,189$39,771,334$28,789,878$92,909,874
71$126,089,781$41,619,682$29,653,892$101,488,953
72$138,847,328$43,555,435$30,543,686$110,908,712
73$152,902,880$45,582,776$31,460,024$121,253,512
74$168,388,732$47,706,090$32,403,693$132,616,258
75$185,450,668$49,929,974$33,375,502$145,099,267
76$204,249,339$52,259,246$34,376,285$158,815,233
77$224,961,781$54,698,958$35,406,899$173,888,272
78$247,783,080$57,254,404$36,468,228$190,455,094
79$272,928,220$59,931,136$37,561,180$208,666,277
80$300,634,109$62,734,973$38,686,690$228,687,683
81$331,161,817$65,672,015$39,845,722$250,702,010
82$364,799,036$68,748,657$41,039,268$274,910,509
83$401,862,800$71,971,605$42,268,346$301,534,871
84$442,702,478$75,347,886$43,534,008$330,819,306
85$487,703,068$78,884,869$44,837,335$363,032,840
86$537,288,834$82,590,280$46,179,438$398,471,840
87$591,927,309$86,472,218$47,561,463$437,462,795
88$652,133,712$90,539,174$48,984,589$480,365,390
89$718,475,807$94,800,050$50,450,029$527,575,883
90$791,579,266$99,264,179$51,959,032$579,530,830
91$872,133,574$103,941,347$53,512,883$636,711,192
92$960,898,538$108,841,812$55,112,904$699,646,858
93$1,058,711,460$113,976,332$56,760,457$768,921,630
94$1,166,495,039$119,356,183$58,456,943$845,178,714
95$1,285,266,087$124,993,189$60,203,804$929,126,776
96$1,416,145,120$130,899,749$62,002,524$1,021,546,607
97$1,560,366,945$137,088,859$63,854,632$1,123,298,481
98$1,719,292,310$143,574,149$65,761,697$1,235,330,245
99$1,894,420,751$150,369,908$67,725,340$1,358,686,252
100$2,087,404,753$157,491,119$69,747,225$1,494,517,192