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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.5%
1 years$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,213,809
2 years$641,827$629,874$618,289$607,057$596,162$558,073
3 years$423,635$411,630$400,074$388,947$378,230$341,377
4 years$314,560$302,591$291,151$280,215$269,757$234,423
5 years$249,132$237,235$225,945$215,232$205,065$171,346
6 years$205,527$193,720$182,598$172,122$162,261$130,186
7 years$174,394$162,686$151,739$141,511$131,961$101,529
8 years$151,054$139,452$128,687$118,710$109,475$80,665
9 years$132,910$121,418$110,838$101,115$92,194$64,976
10 years$118,404$107,024$96,631$87,162$78,553$52,889
11 years$106,543$95,277$85,073$75,857$67,559$43,403
12 years$96,666$85,516$75,500$66,537$58,545$35,848
13 years$88,315$77,281$67,454$58,742$51,052$29,761
14 years$81,163$70,247$60,608$52,145$44,752$24,810
15 years$74,970$64,171$54,721$46,504$39,403$20,754
16 years$69,557$58,876$49,612$41,639$34,825$17,410
17 years$64,785$54,223$45,145$37,412$30,878$14,638
18 years$60,549$50,104$41,212$33,716$27,455$12,331
19 years$56,763$46,436$37,727$30,465$24,472$10,405
20 years$53,359$43,151$34,624$27,592$21,858$8,791
21 years$50,284$40,193$31,848$25,042$19,561$7,436
22 years$47,492$37,519$29,353$22,769$17,533$6,296
23 years$44,947$35,091$27,102$20,736$15,739$5,334
24 years$42,617$32,878$25,065$18,912$14,147$4,523
25 years$40,477$30,854$23,215$17,272$12,730$3,837
26 years$38,505$28,998$21,531$15,792$11,467$3,257
27 years$36,682$27,290$19,993$14,455$10,338$2,766
28 years$34,992$25,716$18,586$13,244$9,328$2,349
29 years$33,421$24,260$17,296$12,145$8,423$1,996
30 years$31,958$22,911$16,111$11,146$7,611$1,696
31 years$30,592$21,658$15,019$10,237$6,881$1,442
32 years$29,314$20,493$14,013$9,408$6,224$1,226
33 years$28,116$19,407$13,084$8,651$5,633$1,042
34 years$26,991$18,394$12,225$7,960$5,100$887
35 years$25,933$17,446$11,430$7,328$4,619$754
36 years$24,935$16,559$10,692$6,749$4,185$641
37 years$23,994$15,727$10,008$6,218$3,793$546
38 years$23,104$14,946$9,372$5,731$3,439$464
39 years$22,262$14,213$8,780$5,284$3,119$395
40 years$21,464$13,522$8,230$4,874$2,829$336
41 years$20,707$12,872$7,717$4,497$2,566$286
42 years$19,988$12,259$7,239$4,150$2,329$243
43 years$19,305$11,680$6,793$3,831$2,113$207
44 years$18,654$11,133$6,376$3,537$1,918$176
45 years$18,034$10,617$5,987$3,267$1,741$150
46 years$17,442$10,128$5,623$3,018$1,581$128
47 years$16,878$9,665$5,283$2,788$1,436$109
48 years$16,338$9,227$4,964$2,576$1,304$92
49 years$15,822$8,811$4,666$2,381$1,184$79
50 years$15,329$8,417$4,387$2,201$1,076$67

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 $4,575 every year, while hoping to spend $31,703 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: 69/6/25 Blend
49$15,700,000$15,700,000$15,700,000$15,700,000
50$17,306,119$16,474,019$16,230,669$18,389,315
51$19,037,612$17,247,514$16,740,665$19,889,503
52$20,944,654$18,057,848$17,266,683$21,526,578
53$23,045,118$18,906,792$17,809,226$23,317,431
54$25,358,699$19,796,204$18,368,815$25,277,288
55$27,907,099$20,728,031$18,945,983$27,422,911
56$30,714,234$21,704,315$19,541,283$29,772,756
57$33,806,455$22,727,196$20,155,286$32,347,143
58$37,212,803$23,798,918$20,788,577$35,168,447
59$40,965,278$24,921,834$21,441,764$38,261,306
60$45,099,144$26,098,411$22,115,470$41,652,848
61$49,653,259$27,331,236$22,810,341$45,372,953
62$54,670,445$28,623,021$23,527,042$49,454,522
63$60,197,890$29,976,608$24,266,257$53,933,792
64$66,287,593$31,394,980$25,028,694$58,850,673
65$72,996,855$32,881,261$25,815,083$64,249,121
66$80,388,821$34,438,730$26,626,176$70,177,552
67$88,533,076$36,070,824$27,462,748$76,689,292
68$97,506,300$37,781,144$28,325,600$83,843,081
69$107,392,992$39,573,470$29,215,557$91,703,623
70$118,286,271$41,451,763$30,133,471$100,342,192
71$130,288,748$43,420,177$31,080,220$109,837,300
72$143,513,502$45,483,067$32,056,709$120,275,438
73$158,085,142$47,645,001$33,063,873$131,751,887
74$174,140,989$49,910,768$34,102,674$144,371,611
75$191,832,363$52,285,388$35,174,107$158,250,245
76$211,326,020$54,774,129$36,279,196$173,515,184
77$232,805,723$57,382,510$37,418,998$190,306,777
78$256,473,976$60,116,323$38,594,604$208,779,651
79$282,553,936$62,981,637$39,807,138$229,104,163
80$311,291,520$65,984,820$41,057,759$251,468,003
81$342,957,726$69,132,546$42,347,665$276,077,963
82$377,851,190$72,431,818$43,678,088$303,161,880
83$416,301,009$75,889,974$45,050,301$332,970,782
84$458,669,843$79,514,713$46,465,617$365,781,254
85$505,357,341$83,314,108$47,925,389$401,898,037
86$556,803,913$87,296,623$49,431,013$441,656,906
87$613,494,890$91,471,136$50,983,930$485,427,827
88$675,965,101$95,846,954$52,585,624$533,618,443
89$744,803,927$100,433,840$54,237,628$586,677,918
90$820,660,859$105,242,030$55,941,520$645,101,165
91$904,251,638$110,282,260$57,698,932$709,433,515
92$996,365,002$115,565,787$59,511,543$780,275,854
93$1,097,870,139$121,104,418$61,381,087$858,290,284
94$1,209,724,891$126,910,533$63,309,351$944,206,373
95$1,332,984,796$132,997,115$65,298,181$1,038,828,022
96$1,468,813,053$139,377,781$67,349,477$1,143,041,054
97$1,618,491,501$146,066,810$69,465,202$1,257,821,561
98$1,783,432,726$153,079,175$71,647,378$1,384,245,109
99$1,965,193,392$160,430,582$73,898,092$1,523,496,883
100$2,165,488,937$168,137,499$76,219,497$1,676,882,860