Can I retire at age 50 with 16,200,000?

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 $16,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$1,337,781$1,325,865$1,314,239$1,302,891$1,291,811$1,275,140
2 years$662,268$649,934$637,980$626,390$615,148$598,376
3 years$437,126$424,739$412,815$401,334$390,275$373,924
4 years$324,577$312,228$300,424$289,139$278,348$262,542
5 years$257,066$244,791$233,141$222,086$211,595$196,382
6 years$212,073$199,890$188,413$177,604$167,428$152,826
7 years$179,948$167,867$156,572$146,018$136,164$122,178
8 years$155,865$143,893$132,785$122,491$112,961$99,589
9 years$137,143$125,285$114,368$104,335$95,130$82,366
10 years$122,175$110,433$99,709$89,938$81,055$68,892
11 years$109,936$98,312$87,782$78,273$69,710$58,135
12 years$99,744$88,239$77,904$68,656$60,409$49,410
13 years$91,127$79,742$69,602$60,613$52,678$42,240
14 years$83,748$72,484$62,538$53,805$46,177$36,284
15 years$77,358$66,215$56,463$47,985$40,658$31,294
16 years$71,772$60,751$51,192$42,965$35,934$27,082
17 years$66,849$55,950$46,583$38,604$31,861$23,504
18 years$62,477$51,700$42,524$34,790$28,330$20,448
19 years$58,570$47,915$38,929$31,436$25,251$17,827
20 years$55,059$44,525$35,727$28,471$22,555$15,570
21 years$51,886$41,473$32,862$25,839$20,184$13,619
22 years$49,005$38,714$30,287$23,494$18,092$11,929
23 years$46,378$36,208$27,965$21,396$16,240$10,461
24 years$43,974$33,925$25,863$19,515$14,597$9,183
25 years$41,766$31,837$23,954$17,822$13,135$8,068
26 years$39,731$29,921$22,216$16,295$11,832$7,094
27 years$37,850$28,159$20,630$14,916$10,667$6,241
28 years$36,106$26,534$19,178$13,666$9,625$5,495
29 years$34,486$25,032$17,847$12,532$8,691$4,840
30 years$32,976$23,640$16,624$11,501$7,853$4,265
31 years$31,567$22,348$15,498$10,563$7,100$3,760
32 years$30,248$21,146$14,460$9,708$6,423$3,316
33 years$29,012$20,025$13,501$8,927$5,812$2,925
34 years$27,851$18,979$12,615$8,214$5,262$2,581
35 years$26,759$18,002$11,794$7,561$4,766$2,278
36 years$25,729$17,086$11,033$6,964$4,319$2,011
37 years$24,758$16,228$10,327$6,416$3,914$1,775
38 years$23,840$15,422$9,670$5,914$3,549$1,568
39 years$22,971$14,665$9,060$5,453$3,218$1,385
40 years$22,148$13,953$8,492$5,029$2,919$1,223
41 years$21,367$13,282$7,963$4,640$2,648$1,081
42 years$20,625$12,649$7,469$4,282$2,403$955
43 years$19,919$12,052$7,009$3,953$2,181$844
44 years$19,248$11,488$6,579$3,650$1,979$745
45 years$18,608$10,955$6,178$3,371$1,797$659
46 years$17,998$10,451$5,802$3,114$1,631$582
47 years$17,415$9,973$5,451$2,877$1,481$515
48 years$16,858$9,521$5,122$2,658$1,345$455
49 years$16,326$9,092$4,815$2,457$1,222$402
50 years$15,817$8,685$4,527$2,271$1,110$355

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $16,200,000, adding $4,454 every year, while hoping to spend $58,554 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: 68/24/8 Blend
49$16,200,000$16,200,000$16,200,000$16,200,000
50$17,856,994$16,998,394$16,747,294$19,045,114
51$19,616,107$17,769,015$17,246,028$20,604,175
52$21,552,686$18,575,433$17,759,506$22,301,013
53$23,684,772$19,419,341$18,288,162$24,155,054
54$26,032,243$20,302,513$18,832,439$26,181,678
55$28,617,002$21,226,807$19,392,796$28,397,805
56$31,463,185$22,194,169$19,969,704$30,822,048
57$34,597,387$23,206,640$20,563,646$33,474,893
58$38,048,914$24,266,358$21,175,121$36,378,878
59$41,850,058$25,375,565$21,804,642$39,558,810
60$46,036,403$26,536,607$22,452,737$43,041,989
61$50,647,162$27,751,946$23,119,949$46,858,464
62$55,725,541$29,024,161$23,806,837$51,041,307
63$61,319,155$30,355,954$24,513,975$55,626,927
64$67,480,471$31,750,157$25,241,955$60,655,403
65$74,267,303$33,209,739$25,991,385$66,170,858
66$81,743,363$34,737,811$26,762,891$72,221,867
67$89,978,856$36,337,634$27,557,118$78,861,916
68$99,051,147$38,012,625$28,374,728$86,149,893
69$109,045,485$39,766,365$29,216,403$94,150,641
70$120,055,817$41,602,609$30,082,845$102,935,561
71$132,185,664$43,525,291$30,974,774$112,583,279
72$145,549,107$45,538,536$31,892,935$123,180,382
73$160,271,858$47,646,665$32,838,089$134,822,226
74$176,492,445$49,854,210$33,811,024$147,613,825
75$194,363,528$52,165,920$34,812,546$161,670,837
76$214,053,331$54,586,773$35,843,489$177,120,646
77$235,747,232$57,121,986$36,904,707$194,103,551
78$259,649,515$59,777,029$37,997,080$212,774,086
79$285,985,297$62,557,635$39,121,514$233,302,461
80$315,002,653$65,469,814$40,278,940$255,876,164
81$346,974,954$68,519,866$41,470,316$280,701,717
82$382,203,454$71,714,394$42,696,626$308,006,608
83$421,020,129$75,060,322$43,958,885$338,041,436
84$463,790,810$78,564,905$45,258,136$371,082,253
85$510,918,639$82,235,752$46,595,450$407,433,162
86$562,847,873$86,080,837$47,971,930$447,429,171
87$620,068,079$90,108,520$49,388,713$491,439,341
88$683,118,752$94,327,567$50,846,963$539,870,250
89$752,594,410$98,747,164$52,347,883$593,169,822
90$829,150,209$103,376,944$53,892,706$651,831,529
91$913,508,121$108,227,005$55,482,702$716,399,038
92$1,006,463,755$113,307,933$57,119,178$787,471,318
93$1,108,893,864$118,630,828$58,803,477$865,708,281
94$1,221,764,625$124,207,326$60,536,980$951,836,985
95$1,346,140,757$130,049,624$62,321,108$1,046,658,475
96$1,483,195,572$136,170,514$64,157,323$1,151,055,329
97$1,634,222,055$142,583,403$66,047,128$1,265,999,956
98$1,800,645,065$149,302,351$67,992,068$1,392,563,759
99$1,984,034,793$156,342,097$69,993,733$1,531,927,215
100$2,186,121,576$163,718,094$72,053,758$1,685,391,000