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

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 $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%17.8%
1 years$1,329,523$1,317,680$1,306,126$1,294,849$1,283,837$1,243,238
2 years$658,180$645,922$634,042$622,523$611,351$570,816
3 years$434,428$422,117$410,267$398,857$387,866$348,667
4 years$322,574$310,301$298,569$287,354$276,629$239,067
5 years$255,479$243,280$231,702$220,715$210,289$174,464
6 years$210,764$198,656$187,250$176,508$166,395$132,337
7 years$178,837$166,831$155,605$145,117$135,323$103,031
8 years$154,902$143,005$131,966$121,735$112,264$81,714
9 years$136,297$124,512$113,662$103,691$94,542$65,701
10 years$121,421$109,751$99,093$89,383$80,555$53,378
11 years$109,257$97,705$87,240$77,790$69,280$43,719
12 years$99,129$87,694$77,423$68,232$60,036$36,037
13 years$90,565$79,250$69,173$60,239$52,353$29,857
14 years$83,231$72,036$62,152$53,473$45,892$24,839
15 years$76,880$65,806$56,115$47,689$40,407$20,734
16 years$71,329$60,376$50,876$42,700$35,712$17,356
17 years$66,436$55,604$46,295$38,366$31,665$14,561
18 years$62,092$51,381$42,262$34,575$28,155$12,239
19 years$58,209$47,619$38,689$31,242$25,095$10,303
20 years$54,719$44,250$35,506$28,295$22,415$8,685
21 years$51,565$41,217$32,659$25,680$20,059$7,329
22 years$48,702$38,475$30,100$23,349$17,980$6,191
23 years$46,092$35,985$27,792$21,264$16,140$5,233
24 years$43,703$33,715$25,703$19,394$14,507$4,427
25 years$41,508$31,640$23,806$17,712$13,054$3,747
26 years$39,486$29,737$22,079$16,195$11,759$3,172
27 years$37,616$27,986$20,502$14,824$10,601$2,687
28 years$35,883$26,371$19,060$13,582$9,566$2,277
29 years$34,273$24,878$17,737$12,455$8,638$1,930
30 years$32,773$23,494$16,521$11,430$7,805$1,636
31 years$31,372$22,210$15,402$10,498$7,056$1,387
32 years$30,061$21,015$14,370$9,648$6,383$1,177
33 years$28,833$19,902$13,418$8,872$5,777$998
34 years$27,679$18,862$12,537$8,163$5,230$847
35 years$26,593$17,891$11,721$7,514$4,737$718
36 years$25,571$16,981$10,965$6,921$4,292$609
37 years$24,605$16,128$10,263$6,376$3,890$517
38 years$23,693$15,327$9,611$5,877$3,527$439
39 years$22,829$14,575$9,004$5,419$3,198$372
40 years$22,011$13,867$8,440$4,998$2,901$316
41 years$21,235$13,200$7,914$4,612$2,632$268
42 years$20,498$12,571$7,423$4,256$2,388$228
43 years$19,797$11,978$6,966$3,929$2,167$193
44 years$19,129$11,417$6,539$3,628$1,967$164
45 years$18,493$10,887$6,139$3,350$1,786$139
46 years$17,887$10,386$5,766$3,095$1,621$118
47 years$17,308$9,911$5,417$2,859$1,472$100
48 years$16,754$9,462$5,091$2,642$1,337$85
49 years$16,225$9,035$4,785$2,442$1,214$72
50 years$15,719$8,631$4,499$2,257$1,103$61

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 $4,730 every year, while hoping to spend $38,267 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: 40/42/18 Blend
49$16,100,000$16,100,000$16,100,000$16,100,000
50$17,747,079$16,893,779$16,644,229$18,361,971
51$19,516,565$17,680,858$17,161,095$19,587,958
52$21,465,257$18,505,222$17,693,993$20,909,361
53$23,611,391$19,368,657$18,243,421$22,338,088
54$25,975,067$20,273,035$18,809,889$23,883,919
55$28,578,431$21,220,320$19,393,927$25,557,580
56$31,445,885$22,212,570$19,996,078$27,370,836
57$34,604,323$23,251,943$20,616,904$29,336,595
58$38,083,375$24,340,700$21,256,982$31,469,024
59$41,915,698$25,481,213$21,916,909$33,783,673
60$46,137,274$26,675,967$22,597,301$36,297,612
61$50,787,755$27,927,569$23,298,789$39,029,587
62$55,910,837$29,238,750$24,022,029$42,000,184
63$61,554,669$30,612,375$24,767,694$45,232,014
64$67,772,310$32,051,447$25,536,477$48,749,919
65$74,622,232$33,559,114$26,329,095$52,581,193
66$82,168,866$35,138,677$27,146,286$56,755,829
67$90,483,214$36,793,596$27,988,810$61,306,790
68$99,643,519$38,527,500$28,857,453$66,270,311
69$109,736,003$40,344,192$29,753,022$71,686,225
70$120,855,678$42,247,660$30,676,351$77,598,326
71$133,107,248$44,242,087$31,628,300$84,054,770
72$146,606,094$46,331,855$32,609,754$91,108,512
73$161,479,361$48,521,562$33,621,627$98,817,794
74$177,867,165$50,816,027$34,664,860$107,246,677
75$195,923,907$53,220,304$35,740,425$116,465,629
76$215,819,737$55,739,691$36,849,320$126,552,172
77$237,742,157$58,379,742$37,992,579$137,591,597
78$261,897,791$61,146,284$39,171,265$149,677,748
79$288,514,337$64,045,423$40,386,473$162,913,889
80$317,842,714$67,083,563$41,639,335$177,413,657
81$350,159,433$70,267,420$42,931,015$193,302,114
82$385,769,205$73,604,033$44,262,713$210,716,902
83$425,007,820$77,100,786$45,635,670$229,809,519
84$468,245,313$80,765,420$47,051,160$250,746,728
85$515,889,461$84,606,052$48,510,500$273,712,095
86$568,389,630$88,631,193$50,015,047$298,907,706
87$626,241,020$92,849,769$51,566,198$326,556,035
88$689,989,334$97,271,138$53,165,396$356,902,022
89$760,235,936$101,905,113$54,814,127$390,215,346
90$837,643,524$106,761,986$56,513,922$426,792,946
91$922,942,386$111,852,546$58,266,361$466,961,779
92$1,016,937,297$117,188,109$60,073,072$511,081,880
93$1,120,515,116$122,780,541$61,935,734$559,549,715
94$1,234,653,154$128,642,283$63,856,078$612,801,889
95$1,360,428,405$134,786,384$65,835,885$671,319,219
96$1,499,027,711$141,226,526$67,876,996$735,631,237
97$1,651,758,968$147,977,056$69,981,306$806,321,137
98$1,820,063,472$155,053,021$72,150,769$884,031,237
99$2,005,529,525$162,470,198$74,387,399$969,468,985
100$2,209,907,433$170,245,134$76,693,273$1,063,413,593