Can I retire at age 50 with 15,600,000?

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 $15,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$1,288,233$1,276,759$1,265,563$1,254,636$1,243,966$1,225,882
2 years$637,739$625,862$614,351$603,190$592,365$574,184
3 years$420,936$409,008$397,526$386,470$375,821$358,107
4 years$312,556$300,664$289,297$278,430$268,038$250,930
5 years$247,545$235,724$224,506$213,861$203,758$187,304
6 years$204,218$192,487$181,434$171,026$161,227$145,446
7 years$173,283$161,650$150,773$140,610$131,121$116,018
8 years$150,092$138,564$127,867$117,954$108,777$94,351
9 years$132,064$120,645$110,132$100,471$91,606$77,850
10 years$117,650$106,342$96,016$86,607$78,053$64,956
11 years$105,864$94,670$84,531$75,374$67,128$54,677
12 years$96,050$84,971$75,019$66,113$58,172$46,352
13 years$87,752$76,789$67,024$58,368$50,727$39,522
14 years$80,646$69,799$60,222$51,813$44,467$33,860
15 years$74,493$63,763$54,372$46,208$39,152$29,124
16 years$69,114$58,501$49,296$41,374$34,603$25,133
17 years$64,373$53,877$44,858$37,174$30,681$21,751
18 years$60,163$49,785$40,949$33,501$27,280$18,869
19 years$56,401$46,140$37,487$30,271$24,316$16,402
20 years$53,019$42,876$34,404$27,417$21,719$14,283
21 years$49,964$39,937$31,645$24,882$19,436$12,456
22 years$47,190$37,280$29,166$22,624$17,422$10,877
23 years$44,661$34,867$26,929$20,604$15,639$9,509
24 years$42,346$32,668$24,905$18,792$14,057$8,321
25 years$40,219$30,657$23,067$17,162$12,649$7,288
26 years$38,260$28,813$21,394$15,692$11,394$6,388
27 years$36,448$27,116$19,866$14,363$10,272$5,602
28 years$34,769$25,552$18,468$13,160$9,269$4,916
29 years$33,209$24,105$17,186$12,068$8,369$4,316
30 years$31,755$22,765$16,008$11,075$7,562$3,791
31 years$30,398$21,520$14,924$10,172$6,837$3,331
32 years$29,128$20,362$13,924$9,348$6,185$2,928
33 years$27,937$19,284$13,001$8,596$5,597$2,574
34 years$26,819$18,277$12,147$7,909$5,068$2,264
35 years$25,768$17,335$11,357$7,281$4,590$1,991
36 years$24,776$16,453$10,624$6,706$4,159$1,752
37 years$23,841$15,627$9,944$6,178$3,769$1,542
38 years$22,957$14,851$9,312$5,695$3,417$1,357
39 years$22,120$14,122$8,725$5,251$3,099$1,194
40 years$21,328$13,436$8,177$4,843$2,811$1,051
41 years$20,576$12,790$7,668$4,468$2,550$925
42 years$19,861$12,181$7,193$4,124$2,314$815
43 years$19,182$11,606$6,749$3,807$2,100$718
44 years$18,535$11,063$6,335$3,515$1,906$632
45 years$17,919$10,549$5,949$3,246$1,730$556
46 years$17,331$10,063$5,587$2,998$1,571$490
47 years$16,770$9,604$5,249$2,770$1,427$432
48 years$16,234$9,168$4,933$2,560$1,296$380
49 years$15,722$8,755$4,636$2,366$1,177$335
50 years$15,231$8,363$4,359$2,187$1,069$295

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,600,000, adding $3,269 every year, while hoping to spend $57,528 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: 49/36/15 Blend
49$15,600,000$15,600,000$15,600,000$15,600,000
50$17,194,572$16,367,772$16,125,972$17,965,534
51$18,887,209$17,108,583$16,604,983$19,238,235
52$20,750,567$17,883,767$17,098,112$20,613,738
53$22,801,998$18,694,945$17,605,773$22,106,648
54$25,060,624$19,543,819$18,128,388$23,727,998
55$27,547,514$20,432,173$18,666,395$25,489,904
56$30,285,884$21,361,873$19,220,243$27,405,680
57$33,301,316$22,334,876$19,790,393$29,489,949
58$36,622,000$23,353,235$20,377,321$31,758,782
59$40,278,998$24,419,097$20,981,515$34,229,839
60$44,306,538$25,534,716$21,603,478$36,922,532
61$48,742,339$26,702,451$22,243,729$39,858,199
62$53,627,963$27,924,775$22,902,798$43,060,300
63$59,009,207$29,204,282$23,581,235$46,554,629
64$64,936,542$30,543,687$24,279,602$50,369,552
65$71,465,579$31,945,838$24,998,478$54,536,263
66$78,657,601$33,413,717$25,738,460$59,089,073
67$86,580,140$34,950,452$26,500,162$64,065,724
68$95,307,610$36,559,321$27,284,214$69,507,734
69$104,922,016$38,243,757$28,091,264$75,460,782
70$115,513,722$40,007,361$28,921,981$81,975,125
71$127,182,305$41,853,906$29,777,052$89,106,066
72$140,037,500$43,787,346$30,657,182$96,914,461
73$154,200,225$45,811,827$31,563,099$105,467,283
74$169,803,735$47,931,693$32,495,549$114,838,242
75$186,994,867$50,151,497$33,455,301$125,108,468
76$205,935,436$52,476,013$34,443,147$136,367,263
77$226,803,757$54,910,244$35,459,898$148,712,927
78$249,796,328$57,459,434$36,506,393$162,253,678
79$275,129,687$60,129,080$37,583,490$177,108,651
80$303,042,454$62,924,943$38,692,076$193,409,009
81$333,797,583$65,853,064$39,833,059$211,299,164
82$367,684,846$68,919,774$41,007,377$230,938,125
83$405,023,568$72,131,711$42,215,991$252,500,975
84$446,165,637$75,495,830$43,459,892$276,180,510
85$491,498,832$79,019,426$44,740,099$302,189,033
86$541,450,479$82,710,143$46,057,658$330,760,342
87$596,491,484$86,575,997$47,413,646$362,151,912
88$657,140,784$90,625,388$48,809,171$396,647,302
89$723,970,237$94,867,126$50,245,372$434,558,808
90$797,610,029$99,310,443$51,723,420$476,230,387
91$878,754,618$103,965,020$53,244,520$522,040,875
92$968,169,287$108,841,005$54,809,910$572,407,534
93$1,066,697,377$113,949,037$56,420,864$627,789,966
94$1,175,268,239$119,300,269$58,078,692$688,694,419
95$1,294,906,011$124,906,394$59,784,741$755,678,533
96$1,426,739,290$130,779,673$61,540,395$829,356,571
97$1,572,011,779$136,932,958$63,347,079$910,405,182
98$1,732,094,031$143,379,724$65,206,257$999,569,756
99$1,908,496,390$150,134,098$67,119,435$1,097,671,416
100$2,102,883,246$157,210,894$69,088,160$1,205,614,734