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%18.4%
1 years$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,209,446
2 years$641,827$629,874$618,289$607,057$596,162$553,776
3 years$423,635$411,630$400,074$388,947$378,230$337,282
4 years$314,560$302,591$291,151$280,215$269,757$230,561
5 years$249,132$237,235$225,945$215,232$205,065$167,726
6 years$205,527$193,720$182,598$172,122$162,261$126,808
7 years$174,394$162,686$151,739$141,511$131,961$98,388
8 years$151,054$139,452$128,687$118,710$109,475$77,756
9 years$132,910$121,418$110,838$101,115$92,194$62,290
10 years$118,404$107,024$96,631$87,162$78,553$50,417
11 years$106,543$95,277$85,073$75,857$67,559$41,133
12 years$96,666$85,516$75,500$66,537$58,545$33,771
13 years$88,315$77,281$67,454$58,742$51,052$27,866
14 years$81,163$70,247$60,608$52,145$44,752$23,086
15 years$74,970$64,171$54,721$46,504$39,403$19,189
16 years$69,557$58,876$49,612$41,639$34,825$15,993
17 years$64,785$54,223$45,145$37,412$30,878$13,358
18 years$60,549$50,104$41,212$33,716$27,455$11,178
19 years$56,763$46,436$37,727$30,465$24,472$9,368
20 years$53,359$43,151$34,624$27,592$21,858$7,860
21 years$50,284$40,193$31,848$25,042$19,561$6,603
22 years$47,492$37,519$29,353$22,769$17,533$5,551
23 years$44,947$35,091$27,102$20,736$15,739$4,670
24 years$42,617$32,878$25,065$18,912$14,147$3,932
25 years$40,477$30,854$23,215$17,272$12,730$3,312
26 years$38,505$28,998$21,531$15,792$11,467$2,790
27 years$36,682$27,290$19,993$14,455$10,338$2,352
28 years$34,992$25,716$18,586$13,244$9,328$1,983
29 years$33,421$24,260$17,296$12,145$8,423$1,673
30 years$31,958$22,911$16,111$11,146$7,611$1,411
31 years$30,592$21,658$15,019$10,237$6,881$1,191
32 years$29,314$20,493$14,013$9,408$6,224$1,005
33 years$28,116$19,407$13,084$8,651$5,633$848
34 years$26,991$18,394$12,225$7,960$5,100$716
35 years$25,933$17,446$11,430$7,328$4,619$604
36 years$24,935$16,559$10,692$6,749$4,185$510
37 years$23,994$15,727$10,008$6,218$3,793$431
38 years$23,104$14,946$9,372$5,731$3,439$364
39 years$22,262$14,213$8,780$5,284$3,119$307
40 years$21,464$13,522$8,230$4,874$2,829$259
41 years$20,707$12,872$7,717$4,497$2,566$219
42 years$19,988$12,259$7,239$4,150$2,329$185
43 years$19,305$11,680$6,793$3,831$2,113$156
44 years$18,654$11,133$6,376$3,537$1,918$132
45 years$18,034$10,617$5,987$3,267$1,741$111
46 years$17,442$10,128$5,623$3,018$1,581$94
47 years$16,878$9,665$5,283$2,788$1,436$79
48 years$16,338$9,227$4,964$2,576$1,304$67
49 years$15,822$8,811$4,666$2,381$1,184$57
50 years$15,329$8,417$4,387$2,201$1,076$48

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 $5,948 every year, while hoping to spend $23,261 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: 31/40/29 Blend
49$15,700,000$15,700,000$15,700,000$15,700,000
50$17,307,535$16,475,435$16,232,085$17,690,319
51$19,048,154$17,257,982$16,751,111$18,770,747
52$20,965,537$18,078,094$17,286,744$19,930,467
53$23,077,689$18,937,587$17,839,516$21,178,387
54$25,404,450$19,838,366$18,409,977$22,522,248
55$27,967,685$20,782,428$18,998,693$23,970,528
56$30,791,488$21,771,866$19,606,248$25,532,511
57$33,902,409$22,808,876$20,233,246$27,218,369
58$37,329,704$23,895,760$20,880,310$29,039,250
59$41,105,615$25,034,934$21,548,081$31,007,374
60$45,265,669$26,228,927$22,237,223$33,136,139
61$49,849,019$27,480,396$22,948,422$35,440,238
62$54,898,807$28,792,123$23,682,382$37,935,791
63$60,462,576$30,167,029$24,439,833$40,640,483
64$66,592,719$31,608,173$25,221,528$43,573,722
65$73,346,970$33,118,768$26,028,242$46,756,810
66$80,788,951$34,702,177$26,860,779$50,213,135
67$88,988,773$36,361,933$27,719,963$53,968,378
68$98,023,696$38,101,735$28,606,650$58,050,741
69$107,978,861$39,925,468$29,521,721$62,491,203
70$118,948,089$41,837,201$30,466,083$67,323,796
71$131,034,774$43,841,203$31,440,676$72,585,915
72$144,352,851$45,941,952$32,446,469$78,318,650
73$159,027,876$48,144,142$33,484,460$84,567,164
74$175,198,211$50,452,697$34,555,682$91,381,098
75$193,016,330$52,872,780$35,661,198$98,815,028
76$212,650,256$55,409,806$36,802,108$106,928,954
77$234,285,149$58,069,454$37,979,546$115,788,853
78$258,125,055$60,857,678$39,194,682$125,467,281
79$284,394,831$63,780,725$40,448,724$136,044,037
80$313,342,265$66,845,142$41,742,918$147,606,892
81$345,240,422$70,057,800$43,078,551$160,252,398
82$380,390,214$73,425,901$44,456,952$174,086,773
83$419,123,246$76,957,000$45,879,489$189,226,880
84$461,804,944$80,659,019$47,347,579$205,801,306
85$508,838,005$84,540,268$48,862,680$223,951,543
86$560,666,201$88,609,461$50,426,299$243,833,301
87$617,778,564$92,875,735$52,039,991$265,617,943
88$680,714,007$97,348,676$53,705,360$289,494,077
89$750,066,410$102,038,335$55,424,064$315,669,296
90$826,490,224$106,955,254$57,197,810$344,372,112
91$910,706,654$112,110,488$59,028,364$375,854,069
92$1,003,510,464$117,515,634$60,917,546$410,392,086
93$1,105,777,483$123,182,851$62,867,234$448,291,029
94$1,218,472,869$129,124,894$64,879,370$489,886,550
95$1,342,660,226$135,355,138$66,955,954$535,548,209
96$1,479,511,642$141,887,613$69,099,051$585,682,921
97$1,630,318,755$148,737,032$71,310,795$640,738,747
98$1,796,504,947$155,918,825$73,593,385$701,209,079
99$1,979,638,781$163,449,177$75,949,093$767,637,240
100$2,181,448,812$171,345,061$78,380,262$840,621,564