Can I retire at age 50 with 15,900,000?

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 $15,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,247,397
2 years$650,004$637,898$626,165$614,790$603,756$583,168
3 years$429,031$416,873$405,171$393,902$383,048$363,004
4 years$318,567$306,446$294,860$283,784$273,193$253,847
5 years$252,305$240,257$228,824$217,973$207,677$189,085
6 years$208,146$196,188$184,924$174,315$164,328$146,511
7 years$176,615$164,759$153,672$143,314$133,642$116,607
8 years$152,978$141,229$130,326$120,223$110,869$94,612
9 years$134,604$122,965$112,250$102,403$93,368$77,880
10 years$119,912$108,387$97,862$88,272$79,554$64,822
11 years$107,900$96,491$86,156$76,823$68,419$54,428
12 years$97,897$86,605$76,461$67,384$59,291$46,023
13 years$89,440$78,266$68,313$59,490$51,703$39,139
14 years$82,197$71,141$61,380$52,809$45,322$33,441
15 years$75,925$64,989$55,418$47,096$39,905$28,685
16 years$70,443$59,626$50,244$42,170$35,268$24,686
17 years$65,611$54,913$45,720$37,889$31,271$21,303
18 years$61,320$50,742$41,737$34,146$27,805$18,427
19 years$57,486$47,028$38,208$30,854$24,783$15,971
20 years$54,039$43,700$35,065$27,944$22,137$13,866
21 years$50,925$40,705$32,253$25,361$19,810$12,056
22 years$48,097$37,997$29,726$23,059$17,757$10,496
23 years$45,519$35,538$27,447$21,000$15,940$9,147
24 years$43,160$33,296$25,384$19,153$14,327$7,980
25 years$40,993$31,247$23,511$17,492$12,892$6,967
26 years$38,995$29,367$21,805$15,994$11,613$6,087
27 years$37,149$27,638$20,248$14,639$10,470$5,321
28 years$35,438$26,043$18,823$13,413$9,447$4,654
29 years$33,847$24,569$17,516$12,300$8,530$4,073
30 years$32,366$23,203$16,316$11,288$7,708$3,566
31 years$30,982$21,934$15,211$10,367$6,969$3,123
32 years$29,688$20,754$14,192$9,528$6,304$2,736
33 years$28,475$19,654$13,251$8,762$5,705$2,397
34 years$27,335$18,628$12,381$8,061$5,165$2,101
35 years$26,263$17,668$11,575$7,421$4,678$1,842
36 years$25,253$16,770$10,829$6,835$4,239$1,615
37 years$24,300$15,927$10,135$6,297$3,842$1,416
38 years$23,399$15,137$9,491$5,804$3,483$1,242
39 years$22,546$14,394$8,892$5,352$3,158$1,090
40 years$21,738$13,694$8,335$4,936$2,865$956
41 years$20,971$13,036$7,815$4,554$2,599$839
42 years$20,243$12,415$7,331$4,203$2,358$736
43 years$19,551$11,829$6,879$3,880$2,140$646
44 years$18,891$11,275$6,457$3,582$1,943$567
45 years$18,263$10,752$6,063$3,309$1,764$497
46 years$17,664$10,257$5,695$3,056$1,601$437
47 years$17,093$9,788$5,350$2,823$1,454$383
48 years$16,546$9,344$5,028$2,609$1,320$336
49 years$16,024$8,923$4,726$2,411$1,199$295
50 years$15,524$8,524$4,443$2,229$1,089$259

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,900,000, adding $3,693 every year, while hoping to spend $54,624 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: 55/18/27 Blend
49$15,900,000$15,900,000$15,900,000$15,900,000
50$17,525,609$16,682,909$16,436,459$18,358,569
51$19,255,102$17,442,252$16,928,961$19,692,204
52$21,159,172$18,236,972$17,436,131$21,137,979
53$23,255,569$19,068,745$17,958,403$22,711,537
54$25,563,850$19,939,327$18,496,223$24,425,190
55$28,105,567$20,850,558$19,050,050$26,292,475
56$30,904,467$21,804,367$19,620,358$28,328,281
57$33,986,716$22,802,775$20,207,634$30,548,986
58$37,381,149$23,847,899$20,812,378$32,972,606
59$41,119,540$24,941,960$21,435,107$35,618,963
60$45,236,901$26,087,284$22,076,350$38,509,865
61$49,771,812$27,286,308$22,736,655$41,669,308
62$54,766,788$28,541,588$23,416,584$45,123,700
63$60,268,676$29,855,801$24,116,715$48,902,103
64$66,329,100$31,231,755$24,837,645$53,036,502
65$73,004,948$32,672,391$25,579,985$57,562,103
66$80,358,906$34,180,791$26,344,368$62,517,659
67$88,460,053$35,760,188$27,131,443$67,945,831
68$97,384,509$37,413,969$27,941,877$73,893,581
69$107,216,158$39,145,682$28,776,360$80,412,613
70$118,047,436$40,959,051$29,635,598$87,559,854
71$129,980,205$42,857,974$30,520,320$95,397,981
72$143,126,711$44,846,540$31,431,276$103,996,009
73$157,610,649$46,929,034$32,369,238$113,429,934
74$173,568,327$49,109,949$33,334,999$123,783,441
75$191,149,953$51,393,992$34,329,377$135,148,690
76$210,521,050$53,786,100$35,353,213$147,627,171
77$231,864,023$56,291,445$36,407,373$161,330,659
78$255,379,880$58,915,452$37,492,746$176,382,256
79$281,290,124$61,663,806$38,610,249$192,917,546
80$309,838,851$64,542,466$39,760,826$211,085,863
81$341,295,047$67,557,681$40,945,448$231,051,692
82$375,955,133$70,715,999$42,165,111$252,996,208
83$414,145,760$74,024,286$43,420,846$277,118,978
84$456,226,892$77,489,740$44,713,708$303,639,831
85$502,595,204$81,119,906$46,044,787$332,800,921
86$553,687,829$84,922,696$47,415,201$364,869,000
87$609,986,481$88,906,401$48,826,104$400,137,922
88$672,022,004$93,079,717$50,278,681$438,931,406
89$740,379,383$97,451,758$51,774,151$481,606,072
90$815,703,265$102,032,079$53,313,770$528,554,796
91$898,704,046$106,830,699$54,898,830$580,210,402
92$990,164,578$111,858,122$56,530,659$637,049,730
93$1,090,947,554$117,125,359$58,210,625$699,598,121
94$1,202,003,658$122,643,956$59,940,135$768,434,357
95$1,324,380,538$128,426,017$61,720,637$844,196,106
96$1,459,232,694$134,484,232$63,553,619$927,585,925
97$1,607,832,378$140,831,909$65,440,614$1,019,377,865
98$1,771,581,605$147,482,997$67,383,200$1,120,424,762
99$1,952,025,389$154,452,123$69,382,996$1,231,666,265
100$2,150,866,325$161,754,625$71,441,674$1,354,137,679