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%15.5%
1 years$1,288,233$1,276,759$1,265,563$1,254,636$1,243,966$1,215,869
2 years$637,739$625,862$614,351$603,190$592,365$564,208
3 years$420,936$409,008$397,526$386,470$375,821$348,484
4 years$312,556$300,664$289,297$278,430$268,038$241,732
5 years$247,545$235,724$224,506$213,861$203,758$178,556
6 years$204,218$192,487$181,434$171,026$161,227$137,155
7 years$173,283$161,650$150,773$140,610$131,121$108,183
8 years$150,092$138,564$127,867$117,954$108,777$86,966
9 years$132,064$120,645$110,132$100,471$91,606$70,904
10 years$117,650$106,342$96,016$86,607$78,053$58,438
11 years$105,864$94,670$84,531$75,374$67,128$48,575
12 years$96,050$84,971$75,019$66,113$58,172$40,650
13 years$87,752$76,789$67,024$58,368$50,727$34,205
14 years$80,646$69,799$60,222$51,813$44,467$28,910
15 years$74,493$63,763$54,372$46,208$39,152$24,526
16 years$69,114$58,501$49,296$41,374$34,603$20,870
17 years$64,373$53,877$44,858$37,174$30,681$17,805
18 years$60,163$49,785$40,949$33,501$27,280$15,222
19 years$56,401$46,140$37,487$30,271$24,316$13,038
20 years$53,019$42,876$34,404$27,417$21,719$11,185
21 years$49,964$39,937$31,645$24,882$19,436$9,607
22 years$47,190$37,280$29,166$22,624$17,422$8,261
23 years$44,661$34,867$26,929$20,604$15,639$7,111
24 years$42,346$32,668$24,905$18,792$14,057$6,126
25 years$40,219$30,657$23,067$17,162$12,649$5,280
26 years$38,260$28,813$21,394$15,692$11,394$4,555
27 years$36,448$27,116$19,866$14,363$10,272$3,931
28 years$34,769$25,552$18,468$13,160$9,269$3,394
29 years$33,209$24,105$17,186$12,068$8,369$2,931
30 years$31,755$22,765$16,008$11,075$7,562$2,533
31 years$30,398$21,520$14,924$10,172$6,837$2,189
32 years$29,128$20,362$13,924$9,348$6,185$1,892
33 years$27,937$19,284$13,001$8,596$5,597$1,636
34 years$26,819$18,277$12,147$7,909$5,068$1,415
35 years$25,768$17,335$11,357$7,281$4,590$1,224
36 years$24,776$16,453$10,624$6,706$4,159$1,059
37 years$23,841$15,627$9,944$6,178$3,769$916
38 years$22,957$14,851$9,312$5,695$3,417$792
39 years$22,120$14,122$8,725$5,251$3,099$686
40 years$21,328$13,436$8,177$4,843$2,811$593
41 years$20,576$12,790$7,668$4,468$2,550$513
42 years$19,861$12,181$7,193$4,124$2,314$444
43 years$19,182$11,606$6,749$3,807$2,100$385
44 years$18,535$11,063$6,335$3,515$1,906$333
45 years$17,919$10,549$5,949$3,246$1,730$288
46 years$17,331$10,063$5,587$2,998$1,571$249
47 years$16,770$9,604$5,249$2,770$1,427$216
48 years$16,234$9,168$4,933$2,560$1,296$187
49 years$15,722$8,755$4,636$2,366$1,177$162
50 years$15,231$8,363$4,359$2,187$1,069$140

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 $4,640 every year, while hoping to spend $53,602 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: 59/14/27 Blend
49$15,600,000$15,600,000$15,600,000$15,600,000
50$17,195,986$16,369,186$16,127,386$18,084,367
51$18,892,945$17,114,244$16,610,621$19,436,663
52$20,761,196$17,894,014$17,108,249$20,904,877
53$22,818,157$18,710,138$17,620,693$22,505,263
54$25,083,015$19,564,342$18,148,393$24,250,675
55$27,576,918$20,458,430$18,691,800$26,155,251
56$30,323,165$21,394,294$19,251,376$28,234,549
57$33,347,431$22,373,918$19,827,601$30,505,686
58$36,678,009$23,399,380$20,420,965$32,987,500
59$40,346,073$24,472,857$21,031,975$35,700,722
60$44,385,978$25,596,632$21,661,151$38,668,169
61$48,835,578$26,773,097$22,309,029$41,914,953
62$53,736,587$28,004,759$22,976,162$45,468,720
63$59,134,972$29,294,245$23,663,117$49,359,899
64$65,081,386$30,644,310$24,370,478$53,621,993
65$71,631,646$32,057,840$25,098,848$58,291,884
66$78,847,258$33,537,859$25,848,844$63,410,181
67$86,796,003$35,087,538$26,621,104$69,021,594
68$95,552,569$36,710,201$27,416,285$75,175,358
69$105,199,260$38,409,330$28,235,060$81,925,685
70$115,826,775$40,188,578$29,078,125$89,332,275
71$127,535,058$42,051,770$29,946,194$97,460,871
72$140,434,245$44,002,917$30,840,002$106,383,877
73$154,645,703$46,046,226$31,760,308$116,181,032
74$170,303,176$48,186,102$32,707,889$126,940,158
75$187,554,045$50,427,166$33,683,548$138,757,982
76$206,560,720$52,774,260$34,688,110$151,741,043
77$227,502,176$55,232,461$35,722,424$166,006,686
78$250,575,636$57,807,090$36,787,363$181,684,171
79$275,998,439$60,503,725$37,883,828$198,915,876
80$304,010,086$63,328,214$39,012,743$217,858,637
81$334,874,506$66,286,687$40,175,060$238,685,221
82$368,882,541$69,385,570$41,371,760$261,585,947
83$406,354,697$72,631,600$42,603,851$286,770,472
84$447,644,166$76,031,839$43,872,370$314,469,761
85$493,140,162$79,593,689$45,178,385$344,938,258
86$543,271,592$83,324,914$46,522,995$378,456,278
87$598,511,109$87,233,649$47,907,330$415,332,640
88$659,379,570$91,328,426$49,332,553$455,907,574
89$726,450,954$95,618,187$50,799,862$500,555,917
90$800,357,781$100,112,308$52,310,487$549,690,641
91$881,797,083$104,820,619$53,865,697$603,766,741
92$971,536,983$109,753,427$55,466,794$663,285,511
93$1,070,423,944$114,921,534$57,115,121$728,799,269
94$1,179,390,767$120,336,270$58,812,059$800,916,551
95$1,299,465,388$126,009,510$60,559,026$880,307,841
96$1,431,780,589$131,953,707$62,357,484$967,711,889
97$1,577,584,687$138,181,917$64,208,938$1,063,942,663
98$1,738,253,321$144,707,827$66,114,933$1,169,897,019
99$1,915,302,438$151,545,788$68,077,062$1,286,563,146
100$2,110,402,605$158,710,850$70,096,961$1,415,029,881