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%17%
1 years$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,231,746
2 years$650,004$637,898$626,165$614,790$603,756$567,625
3 years$429,031$416,873$405,171$393,902$383,048$348,059
4 years$318,567$306,446$294,860$283,784$273,193$239,615
5 years$252,305$240,257$228,824$217,973$207,677$175,602
6 years$208,146$196,188$184,924$174,315$164,328$133,786
7 years$176,615$164,759$153,672$143,314$133,642$104,633
8 years$152,978$141,229$130,326$120,223$110,869$83,377
9 years$134,604$122,965$112,250$102,403$93,368$67,365
10 years$119,912$108,387$97,862$88,272$79,554$55,006
11 years$107,900$96,491$86,156$76,823$68,419$45,285
12 years$97,897$86,605$76,461$67,384$59,291$37,526
13 years$89,440$78,266$68,313$59,490$51,703$31,259
14 years$82,197$71,141$61,380$52,809$45,322$26,150
15 years$75,925$64,989$55,418$47,096$39,905$21,952
16 years$70,443$59,626$50,244$42,170$35,268$18,481
17 years$65,611$54,913$45,720$37,889$31,271$15,596
18 years$61,320$50,742$41,737$34,146$27,805$13,187
19 years$57,486$47,028$38,208$30,854$24,783$11,169
20 years$54,039$43,700$35,065$27,944$22,137$9,473
21 years$50,925$40,705$32,253$25,361$19,810$8,043
22 years$48,097$37,997$29,726$23,059$17,757$6,836
23 years$45,519$35,538$27,447$21,000$15,940$5,816
24 years$43,160$33,296$25,384$19,153$14,327$4,951
25 years$40,993$31,247$23,511$17,492$12,892$4,217
26 years$38,995$29,367$21,805$15,994$11,613$3,594
27 years$37,149$27,638$20,248$14,639$10,470$3,064
28 years$35,438$26,043$18,823$13,413$9,447$2,613
29 years$33,847$24,569$17,516$12,300$8,530$2,229
30 years$32,366$23,203$16,316$11,288$7,708$1,902
31 years$30,982$21,934$15,211$10,367$6,969$1,624
32 years$29,688$20,754$14,192$9,528$6,304$1,386
33 years$28,475$19,654$13,251$8,762$5,705$1,184
34 years$27,335$18,628$12,381$8,061$5,165$1,011
35 years$26,263$17,668$11,575$7,421$4,678$863
36 years$25,253$16,770$10,829$6,835$4,239$738
37 years$24,300$15,927$10,135$6,297$3,842$630
38 years$23,399$15,137$9,491$5,804$3,483$538
39 years$22,546$14,394$8,892$5,352$3,158$460
40 years$21,738$13,694$8,335$4,936$2,865$393
41 years$20,971$13,036$7,815$4,554$2,599$336
42 years$20,243$12,415$7,331$4,203$2,358$287
43 years$19,551$11,829$6,879$3,880$2,140$245
44 years$18,891$11,275$6,457$3,582$1,943$210
45 years$18,263$10,752$6,063$3,309$1,764$179
46 years$17,664$10,257$5,695$3,056$1,601$153
47 years$17,093$9,788$5,350$2,823$1,454$131
48 years$16,546$9,344$5,028$2,609$1,320$112
49 years$16,024$8,923$4,726$2,411$1,199$96
50 years$15,524$8,524$4,443$2,229$1,089$82

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 $5,876 every year, while hoping to spend $36,355 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: 82/5/13 Blend
49$15,900,000$15,900,000$15,900,000$15,900,000
50$17,527,861$16,685,161$16,438,711$18,922,088
51$19,277,021$17,464,053$16,950,726$20,616,391
52$21,203,378$18,279,891$17,478,676$22,470,957
53$23,324,966$19,134,449$18,023,055$24,506,184
54$25,661,659$20,029,584$18,584,374$26,740,196
55$28,235,358$20,967,243$19,163,160$29,192,957
56$31,070,194$21,949,468$19,759,956$31,886,454
57$34,192,761$22,978,399$20,375,322$34,844,904
58$37,632,363$24,056,281$21,009,835$38,094,983
59$41,421,289$25,185,464$21,664,090$41,666,074
60$45,595,125$26,368,416$22,338,701$45,590,543
61$50,193,081$27,607,722$23,034,301$49,904,045
62$55,258,367$28,906,092$23,751,542$54,645,855
63$60,838,598$30,266,368$24,491,096$59,859,239
64$66,986,246$31,691,530$25,253,658$65,591,863
65$73,759,129$33,184,702$26,039,942$71,896,234
66$81,220,966$34,749,158$26,850,686$78,830,202
67$89,441,970$36,388,332$27,686,649$86,457,496
68$98,499,515$38,105,824$28,548,616$94,848,329
69$108,478,865$39,905,410$29,437,395$104,080,056
70$119,473,980$41,791,045$30,353,818$114,237,901
71$131,588,399$43,766,880$31,298,744$125,415,762
72$144,936,224$45,837,265$32,273,060$137,717,092
73$159,643,190$48,006,762$33,277,679$151,255,871
74$175,847,856$50,280,154$34,313,541$166,157,686
75$193,702,911$52,662,455$35,381,619$182,560,906
76$213,376,617$55,158,924$36,482,912$200,617,990
77$235,054,395$57,775,075$37,618,453$220,496,919
78$258,940,577$60,516,688$38,789,305$242,382,783
79$285,260,335$63,389,824$39,996,566$266,479,522
80$314,261,805$66,400,841$41,241,366$293,011,845
81$346,218,429$69,556,403$42,524,872$322,227,355
82$381,431,540$72,863,497$43,848,286$354,398,874
83$420,233,201$76,329,452$45,212,847$389,827,020
84$462,989,344$79,961,952$46,619,834$428,843,039
85$510,103,223$83,769,053$48,070,565$471,811,926
86$562,019,220$87,759,205$49,566,397$519,135,870
87$619,227,041$91,941,267$51,108,732$571,258,041
88$682,266,338$96,324,528$52,699,013$628,666,773
89$751,731,805$100,918,731$54,338,731$691,900,165
90$828,278,790$105,734,089$56,029,419$761,551,158
91$912,629,483$110,781,316$57,772,662$838,273,129
92$1,005,579,734$116,071,645$59,570,090$922,786,046
93$1,108,006,565$121,616,854$61,423,386$1,015,883,266
94$1,220,876,451$127,429,295$63,334,285$1,118,439,016
95$1,345,254,441$133,521,923$65,304,575$1,231,416,638
96$1,482,314,216$139,908,319$67,336,101$1,355,877,677
97$1,633,349,170$146,602,730$69,430,764$1,492,991,897
98$1,799,784,613$153,620,092$71,590,523$1,644,048,316
99$1,983,191,238$160,976,071$73,817,400$1,810,467,365
100$2,185,299,939$168,687,093$76,113,477$1,993,814,292