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

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 $15,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,253,084
2 years$650,004$637,898$626,165$614,790$603,756$588,855
3 years$429,031$416,873$405,171$393,902$383,048$368,513
4 years$318,567$306,446$294,860$283,784$273,193$259,135
5 years$252,305$240,257$228,824$217,973$207,677$194,138
6 years$208,146$196,188$184,924$174,315$164,328$151,324
7 years$176,615$164,759$153,672$143,314$133,642$121,180
8 years$152,978$141,229$130,326$120,223$110,869$98,946
9 years$134,604$122,965$112,250$102,403$93,368$81,979
10 years$119,912$108,387$97,862$88,272$79,554$68,693
11 years$107,900$96,491$86,156$76,823$68,419$58,075
12 years$97,897$86,605$76,461$67,384$59,291$49,453
13 years$89,440$78,266$68,313$59,490$51,703$42,360
14 years$82,197$71,141$61,380$52,809$45,322$36,460
15 years$75,925$64,989$55,418$47,096$39,905$31,510
16 years$70,443$59,626$50,244$42,170$35,268$27,325
17 years$65,611$54,913$45,720$37,889$31,271$23,765
18 years$61,320$50,742$41,737$34,146$27,805$20,720
19 years$57,486$47,028$38,208$30,854$24,783$18,103
20 years$54,039$43,700$35,065$27,944$22,137$15,846
21 years$50,925$40,705$32,253$25,361$19,810$13,892
22 years$48,097$37,997$29,726$23,059$17,757$12,196
23 years$45,519$35,538$27,447$21,000$15,940$10,720
24 years$43,160$33,296$25,384$19,153$14,327$9,432
25 years$40,993$31,247$23,511$17,492$12,892$8,306
26 years$38,995$29,367$21,805$15,994$11,613$7,320
27 years$37,149$27,638$20,248$14,639$10,470$6,456
28 years$35,438$26,043$18,823$13,413$9,447$5,698
29 years$33,847$24,569$17,516$12,300$8,530$5,031
30 years$32,366$23,203$16,316$11,288$7,708$4,444
31 years$30,982$21,934$15,211$10,367$6,969$3,927
32 years$29,688$20,754$14,192$9,528$6,304$3,472
33 years$28,475$19,654$13,251$8,762$5,705$3,071
34 years$27,335$18,628$12,381$8,061$5,165$2,716
35 years$26,263$17,668$11,575$7,421$4,678$2,403
36 years$25,253$16,770$10,829$6,835$4,239$2,127
37 years$24,300$15,927$10,135$6,297$3,842$1,883
38 years$23,399$15,137$9,491$5,804$3,483$1,667
39 years$22,546$14,394$8,892$5,352$3,158$1,476
40 years$21,738$13,694$8,335$4,936$2,865$1,307
41 years$20,971$13,036$7,815$4,554$2,599$1,158
42 years$20,243$12,415$7,331$4,203$2,358$1,026
43 years$19,551$11,829$6,879$3,880$2,140$909
44 years$18,891$11,275$6,457$3,582$1,943$805
45 years$18,263$10,752$6,063$3,309$1,764$713
46 years$17,664$10,257$5,695$3,056$1,601$632
47 years$17,093$9,788$5,350$2,823$1,454$560
48 years$16,546$9,344$5,028$2,609$1,320$496
49 years$16,024$8,923$4,726$2,411$1,199$440
50 years$15,524$8,524$4,443$2,229$1,089$390

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 $5,447 every year, while hoping to spend $45,167 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: 58/34/8 Blend
49$15,900,000$15,900,000$15,900,000$15,900,000
50$17,527,419$16,684,719$16,438,269$18,512,272
51$19,267,158$17,454,212$16,940,893$19,944,462
52$21,182,837$18,259,898$17,458,842$21,499,186
53$23,292,354$19,103,500$17,992,581$23,192,636
54$25,615,430$19,986,828$18,542,589$25,038,102
55$28,173,800$20,911,778$19,109,361$27,050,193
56$30,991,409$21,880,337$19,693,406$29,244,966
57$34,094,646$22,894,587$20,295,249$31,640,073
58$37,512,590$23,956,712$20,915,430$34,254,923
59$41,277,284$25,069,001$21,554,506$37,110,860
60$45,424,037$26,233,851$22,213,052$40,231,355
61$49,991,756$27,453,778$22,891,657$43,642,222
62$55,023,320$28,731,417$23,590,932$47,371,857
63$60,565,973$30,069,531$24,311,503$51,451,495
64$66,671,780$31,471,017$25,054,016$55,915,500
65$73,398,115$32,938,909$25,819,139$60,801,681
66$80,808,198$34,476,392$26,607,556$66,151,638
67$88,971,700$36,086,800$27,419,974$72,011,150
68$97,965,392$37,773,632$28,257,122$78,430,594
69$107,873,877$39,540,555$29,119,750$85,465,415
70$118,790,381$41,391,410$30,008,630$93,176,634
71$130,817,639$43,330,229$30,924,559$101,631,419
72$144,068,864$45,361,235$31,868,357$110,903,704
73$158,668,809$47,488,857$32,840,868$121,074,878
74$174,754,954$49,717,738$33,842,964$132,234,540
75$192,478,796$52,052,744$34,875,540$144,481,330
76$212,007,284$54,498,979$35,939,521$157,923,852
77$233,524,390$57,061,792$37,035,858$172,681,682
78$257,232,851$59,746,793$38,165,533$188,886,482
79$283,356,077$62,559,861$39,329,554$206,683,228
80$312,140,265$65,507,163$40,528,962$226,231,565
81$343,856,719$68,595,161$41,764,829$247,707,292
82$378,804,413$71,830,632$43,038,259$271,304,012
83$417,312,813$75,220,682$44,350,390$297,234,934
84$459,744,985$78,772,761$45,702,393$325,734,869
85$506,501,026$82,494,679$47,095,476$357,062,430
86$558,021,838$86,394,625$48,530,882$391,502,448
87$614,793,290$90,481,187$50,009,891$429,368,639
88$677,350,807$94,763,366$51,533,824$471,006,546
89$746,284,422$99,250,604$53,104,040$516,796,773
90$822,244,346$103,952,797$54,721,938$567,158,556
91$905,947,109$108,880,323$56,388,962$622,553,693
92$998,182,319$114,044,064$58,106,597$683,490,875
93$1,099,820,121$119,455,429$59,876,374$750,530,459
94$1,211,819,411$125,126,382$61,699,870$824,289,731
95$1,335,236,883$131,069,467$63,578,708$905,448,696
96$1,471,237,013$137,297,838$65,514,562$994,756,471
97$1,621,103,043$143,825,287$67,509,155$1,093,038,316
98$1,786,249,104$150,666,277$69,564,262$1,201,203,391
99$1,968,233,560$157,835,972$71,681,713$1,320,253,301
100$2,168,773,723$165,350,274$73,863,389$1,451,291,510