Can I retire at age 50 with 16,100,000?

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 $16,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$1,329,523$1,317,680$1,306,126$1,294,849$1,283,837$1,251,784
2 years$658,180$645,922$634,042$622,523$611,351$579,262
3 years$434,428$422,117$410,267$398,857$387,866$356,743
4 years$322,574$310,301$298,569$287,354$276,629$246,713
5 years$255,479$243,280$231,702$220,715$210,289$181,662
6 years$210,764$198,656$187,250$176,508$166,395$139,085
7 years$178,837$166,831$155,605$145,117$135,323$109,334
8 years$154,902$143,005$131,966$121,735$112,264$87,583
9 years$136,297$124,512$113,662$103,691$94,542$71,150
10 years$121,421$109,751$99,093$89,383$80,555$58,423
11 years$109,257$97,705$87,240$77,790$69,280$48,377
12 years$99,129$87,694$77,423$68,232$60,036$40,326
13 years$90,565$79,250$69,173$60,239$52,353$33,796
14 years$83,231$72,036$62,152$53,473$45,892$28,448
15 years$76,880$65,806$56,115$47,689$40,407$24,032
16 years$71,329$60,376$50,876$42,700$35,712$20,363
17 years$66,436$55,604$46,295$38,366$31,665$17,297
18 years$62,092$51,381$42,262$34,575$28,155$14,723
19 years$58,209$47,619$38,689$31,242$25,095$12,554
20 years$54,719$44,250$35,506$28,295$22,415$10,721
21 years$51,565$41,217$32,659$25,680$20,059$9,166
22 years$48,702$38,475$30,100$23,349$17,980$7,846
23 years$46,092$35,985$27,792$21,264$16,140$6,721
24 years$43,703$33,715$25,703$19,394$14,507$5,763
25 years$41,508$31,640$23,806$17,712$13,054$4,944
26 years$39,486$29,737$22,079$16,195$11,759$4,244
27 years$37,616$27,986$20,502$14,824$10,601$3,645
28 years$35,883$26,371$19,060$13,582$9,566$3,131
29 years$34,273$24,878$17,737$12,455$8,638$2,691
30 years$32,773$23,494$16,521$11,430$7,805$2,314
31 years$31,372$22,210$15,402$10,498$7,056$1,990
32 years$30,061$21,015$14,370$9,648$6,383$1,712
33 years$28,833$19,902$13,418$8,872$5,777$1,472
34 years$27,679$18,862$12,537$8,163$5,230$1,267
35 years$26,593$17,891$11,721$7,514$4,737$1,090
36 years$25,571$16,981$10,965$6,921$4,292$938
37 years$24,605$16,128$10,263$6,376$3,890$808
38 years$23,693$15,327$9,611$5,877$3,527$695
39 years$22,829$14,575$9,004$5,419$3,198$599
40 years$22,011$13,867$8,440$4,998$2,901$515
41 years$21,235$13,200$7,914$4,612$2,632$444
42 years$20,498$12,571$7,423$4,256$2,388$382
43 years$19,797$11,978$6,966$3,929$2,167$329
44 years$19,129$11,417$6,539$3,628$1,967$283
45 years$18,493$10,887$6,139$3,350$1,786$244
46 years$17,887$10,386$5,766$3,095$1,621$210
47 years$17,308$9,911$5,417$2,859$1,472$181
48 years$16,754$9,462$5,091$2,642$1,337$156
49 years$16,225$9,035$4,785$2,442$1,214$134
50 years$15,719$8,631$4,499$2,257$1,103$116

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $16,100,000, adding $6,541 every year, while hoping to spend $20,738 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: 52/38/10 Blend
49$16,100,000$16,100,000$16,100,000$16,100,000
50$17,748,947$16,895,647$16,646,097$18,625,667
51$19,537,275$17,701,469$17,181,676$20,029,181
52$21,507,316$18,546,081$17,734,502$21,551,959
53$23,677,586$19,431,361$18,305,131$23,207,529
54$26,068,483$20,359,282$18,894,136$25,008,426
55$28,702,489$21,331,907$19,502,110$26,968,416
56$31,604,376$22,351,404$20,129,665$29,102,622
57$34,801,445$23,420,045$20,777,431$31,427,659
58$38,323,777$24,540,212$21,446,060$33,961,783
59$42,204,524$25,714,404$22,136,224$36,725,056
60$46,480,215$26,945,240$22,848,618$39,739,527
61$51,191,109$28,235,469$23,583,958$43,029,435
62$56,381,566$29,587,970$24,342,985$46,621,425
63$62,100,472$31,005,767$25,126,461$50,544,795
64$68,401,698$32,492,028$25,935,175$54,831,759
65$75,344,609$34,050,075$26,769,941$59,517,744
66$82,994,624$35,683,393$27,631,599$64,641,715
67$91,423,833$37,395,637$28,521,016$70,246,528
68$100,711,681$39,190,640$29,439,086$76,379,328
69$110,945,711$41,072,420$30,386,734$83,091,980
70$122,222,397$43,045,192$31,364,914$90,441,545
71$134,648,053$45,113,378$32,374,609$98,490,809
72$148,339,833$47,281,612$33,416,838$107,308,859
73$163,426,842$49,554,757$34,492,647$116,971,724
74$180,051,350$51,937,910$35,603,121$127,563,076
75$198,370,140$54,436,420$36,749,378$139,175,003
76$218,555,983$57,055,893$37,932,571$151,908,866
77$240,799,273$59,802,212$39,153,892$165,876,235
78$265,309,822$62,681,543$40,414,570$181,199,927
79$292,318,841$65,700,356$41,715,875$198,015,144
80$322,081,123$68,865,434$43,059,118$216,470,735
81$354,877,450$72,183,893$44,445,651$236,730,572
82$391,017,240$75,663,193$45,876,870$258,975,085
83$430,841,470$79,311,162$47,354,217$283,402,935
84$474,725,897$83,136,006$48,879,180$310,232,872
85$523,084,602$87,146,333$50,453,296$339,705,770
86$576,373,899$91,351,171$52,078,149$372,086,880
87$635,096,646$95,759,988$53,755,376$407,668,301
88$699,806,991$100,382,714$55,486,668$446,771,717
89$771,115,601$105,229,764$57,273,769$489,751,395
90$849,695,431$110,312,061$59,118,479$536,997,506
91$936,288,073$115,641,061$61,022,657$588,939,772
92$1,031,710,763$121,228,779$62,988,221$646,051,487
93$1,136,864,087$127,087,816$65,017,153$708,853,953
94$1,252,740,494$133,231,388$67,111,498$777,921,362
95$1,380,433,656$139,673,359$69,273,365$853,886,177
96$1,521,148,801$146,428,265$71,504,934$937,445,061
97$1,676,214,084$153,511,355$73,808,455$1,029,365,412
98$1,847,093,131$160,938,622$76,186,249$1,130,492,561
99$2,035,398,856$168,726,840$78,640,713$1,241,757,705
100$2,242,908,684$176,893,600$81,174,322$1,364,186,650