Can I retire at age 50 with 15,700,000?

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 $15,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,238,351
2 years$641,827$629,874$618,289$607,057$596,162$582,479
3 years$423,635$411,630$400,074$388,947$378,230$364,878
4 years$314,560$302,591$291,151$280,215$269,757$256,839
5 years$249,132$237,235$225,945$215,232$205,065$192,619
6 years$205,527$193,720$182,598$172,122$162,261$150,302
7 years$174,394$162,686$151,739$141,511$131,961$120,495
8 years$151,054$139,452$128,687$118,710$109,475$98,500
9 years$132,910$121,418$110,838$101,115$92,194$81,706
10 years$118,404$107,024$96,631$87,162$78,553$68,546
11 years$106,543$95,277$85,073$75,857$67,559$58,024
12 years$96,666$85,516$75,500$66,537$58,545$49,472
13 years$88,315$77,281$67,454$58,742$51,052$42,431
14 years$81,163$70,247$60,608$52,145$44,752$36,570
15 years$74,970$64,171$54,721$46,504$39,403$31,648
16 years$69,557$58,876$49,612$41,639$34,825$27,483
17 years$64,785$54,223$45,145$37,412$30,878$23,935
18 years$60,549$50,104$41,212$33,716$27,455$20,898
19 years$56,763$46,436$37,727$30,465$24,472$18,286
20 years$53,359$43,151$34,624$27,592$21,858$16,029
21 years$50,284$40,193$31,848$25,042$19,561$14,074
22 years$47,492$37,519$29,353$22,769$17,533$12,374
23 years$44,947$35,091$27,102$20,736$15,739$10,893
24 years$42,617$32,878$25,065$18,912$14,147$9,599
25 years$40,477$30,854$23,215$17,272$12,730$8,466
26 years$38,505$28,998$21,531$15,792$11,467$7,474
27 years$36,682$27,290$19,993$14,455$10,338$6,602
28 years$34,992$25,716$18,586$13,244$9,328$5,836
29 years$33,421$24,260$17,296$12,145$8,423$5,161
30 years$31,958$22,911$16,111$11,146$7,611$4,567
31 years$30,592$21,658$15,019$10,237$6,881$4,042
32 years$29,314$20,493$14,013$9,408$6,224$3,580
33 years$28,116$19,407$13,084$8,651$5,633$3,171
34 years$26,991$18,394$12,225$7,960$5,100$2,810
35 years$25,933$17,446$11,430$7,328$4,619$2,490
36 years$24,935$16,559$10,692$6,749$4,185$2,208
37 years$23,994$15,727$10,008$6,218$3,793$1,958
38 years$23,104$14,946$9,372$5,731$3,439$1,736
39 years$22,262$14,213$8,780$5,284$3,119$1,540
40 years$21,464$13,522$8,230$4,874$2,829$1,366
41 years$20,707$12,872$7,717$4,497$2,566$1,212
42 years$19,988$12,259$7,239$4,150$2,329$1,075
43 years$19,305$11,680$6,793$3,831$2,113$954
44 years$18,654$11,133$6,376$3,537$1,918$847
45 years$18,034$10,617$5,987$3,267$1,741$752
46 years$17,442$10,128$5,623$3,018$1,581$667
47 years$16,878$9,665$5,283$2,788$1,436$592
48 years$16,338$9,227$4,964$2,576$1,304$526
49 years$15,822$8,811$4,666$2,381$1,184$467
50 years$15,329$8,417$4,387$2,201$1,076$414

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,700,000, adding $4,563 every year, while hoping to spend $26,337 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: 77/17/6 Blend
49$15,700,000$15,700,000$15,700,000$15,700,000
50$17,306,107$16,474,007$16,230,657$18,628,778
51$19,043,307$17,253,211$16,746,361$20,276,706
52$20,956,820$18,069,713$17,278,459$22,079,078
53$23,064,600$18,925,313$17,827,472$24,054,318
54$25,386,434$19,821,899$18,393,938$26,219,585
55$27,944,127$20,761,448$18,978,411$28,593,769
56$30,761,705$21,746,037$19,581,465$31,197,663
57$33,865,645$22,777,839$20,203,691$34,054,157
58$37,285,124$23,859,136$20,845,697$37,188,455
59$41,052,293$24,992,320$21,508,115$40,628,303
60$45,202,582$26,179,899$22,191,592$44,404,253
61$49,775,034$27,424,502$22,896,798$48,549,945
62$54,812,672$28,728,887$23,624,425$53,102,421
63$60,362,907$30,095,946$24,375,187$58,102,470
64$66,477,986$31,528,709$25,149,818$63,595,013
65$73,215,482$33,030,357$25,949,078$69,629,516
66$80,638,840$34,604,224$26,773,751$76,260,458
67$88,817,974$36,253,804$27,624,644$83,547,840
68$97,829,931$37,982,763$28,502,593$91,557,741
69$107,759,611$39,794,946$29,408,458$100,362,944
70$118,700,577$41,694,383$30,343,126$110,043,614
71$130,755,929$43,685,302$31,307,514$120,688,046
72$144,039,286$45,772,134$32,302,569$132,393,500
73$158,675,853$47,959,528$33,329,264$145,267,106
74$174,803,603$50,252,358$34,388,607$159,426,873
75$192,574,582$52,655,735$35,481,637$175,002,793
76$212,156,343$55,175,020$36,609,426$192,138,063
77$233,733,527$57,815,833$37,773,078$210,990,432
78$257,509,607$60,584,068$38,973,736$231,733,674
79$283,708,807$63,485,908$40,212,577$254,559,230
80$312,578,222$66,527,835$41,490,815$279,678,001
81$344,390,148$69,716,646$42,809,705$307,322,331
82$379,444,652$73,059,470$44,170,539$337,748,190
83$418,072,407$76,563,785$45,574,652$371,237,583
84$460,637,811$80,237,429$47,023,422$408,101,202
85$507,542,430$84,088,625$48,518,269$448,681,346
86$559,228,787$88,125,997$50,060,659$493,355,140
87$616,184,538$92,358,586$51,652,107$542,538,089
88$678,947,081$96,795,876$53,294,171$596,687,982
89$748,108,621$101,447,812$54,988,465$656,309,206
90$824,321,770$106,324,824$56,736,648$721,957,489
91$908,305,702$111,437,852$58,540,437$794,245,136
92$1,000,852,943$116,798,366$60,401,600$873,846,795
93$1,102,836,854$122,418,397$62,321,965$961,505,804
94$1,215,219,877$128,310,562$64,303,415$1,058,041,202
95$1,339,062,618$134,488,093$66,347,893$1,164,355,437
96$1,475,533,864$140,964,869$68,457,406$1,281,442,870
97$1,625,921,613$147,755,442$70,634,024$1,410,399,142
98$1,791,645,236$154,875,078$72,879,883$1,552,431,503
99$1,974,268,877$162,339,783$75,197,186$1,708,870,181
100$2,175,516,218$170,166,348$77,588,207$1,881,180,926