Can I retire at age 50 with 15,800,000?

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 $15,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,248,315
2 years$645,915$633,886$622,227$610,924$599,959$588,273
3 years$426,333$414,251$402,622$391,425$380,639$369,228
4 years$316,563$304,519$293,006$281,999$271,475$260,426
5 years$250,719$238,746$227,385$216,603$206,371$195,718
6 years$206,836$194,954$183,761$173,219$163,294$153,050
7 years$175,504$163,722$152,706$142,413$132,802$122,971
8 years$152,016$140,340$129,507$119,467$110,172$100,753
9 years$133,757$122,191$111,544$101,759$92,781$83,772
10 years$119,158$107,706$97,247$87,717$79,054$70,449
11 years$107,222$95,884$85,614$76,340$67,989$59,782
12 years$97,282$86,060$75,981$66,961$58,918$51,101
13 years$88,877$77,773$67,884$59,116$51,377$43,941
14 years$81,680$70,694$60,994$52,477$45,037$37,972
15 years$75,448$64,580$55,069$46,800$39,654$32,950
16 years$70,000$59,251$49,928$41,904$35,047$28,692
17 years$65,198$54,568$45,433$37,651$31,075$25,059
18 years$60,935$50,423$41,474$33,931$27,630$21,942
19 years$57,124$46,732$37,968$30,659$24,627$19,254
20 years$53,699$43,425$34,845$27,768$21,998$16,928
21 years$50,604$40,449$32,051$25,201$19,685$14,907
22 years$47,795$37,758$29,540$22,914$17,645$13,146
23 years$45,233$35,314$27,275$20,868$15,839$11,608
24 years$42,889$33,087$25,224$19,033$14,237$10,261
25 years$40,735$31,051$23,363$17,382$12,811$9,078
26 years$38,750$29,182$21,668$15,893$11,540$8,039
27 years$36,915$27,464$20,120$14,547$10,404$7,124
28 years$35,215$25,879$18,705$13,328$9,388$6,317
29 years$33,634$24,414$17,406$12,222$8,477$5,605
30 years$32,162$23,057$16,213$11,217$7,659$4,976
31 years$30,787$21,796$15,115$10,302$6,925$4,419
32 years$29,501$20,624$14,103$9,468$6,264$3,926
33 years$28,295$19,531$13,168$8,707$5,669$3,489
34 years$27,163$18,511$12,303$8,011$5,133$3,102
35 years$26,098$17,557$11,503$7,374$4,649$2,759
36 years$25,094$16,664$10,760$6,792$4,212$2,454
37 years$24,147$15,827$10,072$6,258$3,817$2,183
38 years$23,251$15,042$9,432$5,768$3,461$1,943
39 years$22,404$14,303$8,836$5,318$3,138$1,729
40 years$21,601$13,608$8,282$4,905$2,847$1,539
41 years$20,839$12,954$7,766$4,526$2,583$1,370
42 years$20,116$12,337$7,285$4,177$2,343$1,220
43 years$19,428$11,754$6,836$3,856$2,127$1,087
44 years$18,773$11,204$6,417$3,560$1,930$968
45 years$18,149$10,684$6,025$3,288$1,753$862
46 years$17,553$10,192$5,659$3,037$1,591$768
47 years$16,985$9,727$5,316$2,806$1,445$684
48 years$16,442$9,285$4,996$2,593$1,312$609
49 years$15,923$8,867$4,696$2,396$1,192$543
50 years$15,426$8,470$4,415$2,215$1,082$484

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,800,000, adding $6,988 every year, while hoping to spend $34,232 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: 44/33/23 Blend
49$15,800,000$15,800,000$15,800,000$15,800,000
50$17,418,808$16,581,408$16,336,508$18,068,792
51$19,159,104$17,357,475$16,847,359$19,305,709
52$21,075,763$18,170,421$17,374,175$20,641,782
53$23,186,737$19,022,018$17,917,457$22,089,371
54$25,511,810$19,914,123$18,477,717$23,658,833
55$28,072,782$20,848,682$19,055,488$25,361,538
56$30,893,673$21,827,735$19,651,314$27,209,971
57$34,000,956$22,853,422$20,265,762$29,217,842
58$37,423,800$23,927,986$20,899,411$31,400,209
59$41,194,348$25,053,778$21,552,862$33,773,614
60$45,348,022$26,233,263$22,226,733$36,356,234
61$49,923,854$27,469,027$22,921,662$39,168,040
62$54,964,856$28,763,778$23,638,307$42,230,982
63$60,518,426$30,120,359$24,377,345$45,569,189
64$66,636,796$31,541,747$25,139,477$49,209,184
65$73,377,523$33,031,066$25,925,423$53,180,126
66$80,804,033$34,591,591$26,735,927$57,514,082
67$88,986,220$36,226,755$27,571,756$62,246,312
68$98,001,106$37,940,157$28,433,701$67,415,596
69$107,933,566$39,735,572$29,322,578$73,064,590
70$118,877,132$41,616,957$30,239,226$79,240,215
71$130,934,873$43,588,462$31,184,514$85,994,090
72$144,220,371$45,654,437$32,159,336$93,383,008
73$158,858,789$47,819,444$33,164,614$101,469,456
74$174,988,055$50,088,267$34,201,299$110,322,194
75$192,760,166$52,465,921$35,270,371$120,016,892
76$212,342,616$54,957,665$36,372,842$130,636,827
77$233,919,985$57,569,013$37,509,755$142,273,653
78$257,695,677$60,305,747$38,682,184$155,028,254
79$283,893,838$63,173,931$39,891,240$169,011,679
80$312,761,477$66,179,922$41,138,064$184,346,168
81$344,570,796$69,330,386$42,423,837$201,166,295
82$379,621,755$72,632,313$43,749,774$219,620,214
83$418,244,912$76,093,034$45,117,129$239,871,042
84$460,804,536$79,720,236$46,527,196$262,098,373
85$507,702,048$83,521,977$47,981,307$286,499,957
86$559,379,814$87,506,710$49,480,837$313,293,539
87$616,325,314$91,683,299$51,027,205$342,718,896
88$679,075,752$96,061,036$52,621,871$375,040,070
89$748,223,119$100,649,667$54,266,345$410,547,841
90$824,419,790$105,459,414$55,962,180$449,562,437
91$908,384,676$110,500,992$57,710,980$492,436,537
92$1,000,910,013$115,785,640$59,514,398$539,558,563
93$1,102,868,842$121,325,145$61,374,138$591,356,322
94$1,215,223,251$127,131,864$63,291,959$648,301,006
95$1,339,033,457$133,218,759$65,269,674$710,911,610
96$1,475,467,812$139,599,421$67,309,150$779,759,797
97$1,625,813,839$146,288,104$69,412,318$855,475,252
98$1,791,490,383$153,299,753$71,581,162$938,751,591
99$1,974,061,006$160,650,044$73,817,735$1,030,352,868
100$2,175,248,748$168,355,416$76,124,149$1,131,120,745