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%14%
1 years$1,337,781$1,325,865$1,314,239$1,302,891$1,291,811$1,270,410
2 years$662,268$649,934$637,980$626,390$615,148$593,650
3 years$437,126$424,739$412,815$401,334$390,275$369,348
4 years$324,577$312,228$300,424$289,139$278,348$258,153
5 years$257,066$244,791$233,141$222,086$211,595$192,192
6 years$212,073$199,890$188,413$177,604$167,428$148,838
7 years$179,948$167,867$156,572$146,018$136,164$118,393
8 years$155,865$143,893$132,785$122,491$112,961$96,005
9 years$137,143$125,285$114,368$104,335$95,130$78,979
10 years$122,175$110,433$99,709$89,938$81,055$65,697
11 years$109,936$98,312$87,782$78,273$69,710$55,129
12 years$99,744$88,239$77,904$68,656$60,409$46,585
13 years$91,127$79,742$69,602$60,613$52,678$39,591
14 years$83,748$72,484$62,538$53,805$46,177$33,805
15 years$77,358$66,215$56,463$47,985$40,658$28,977
16 years$71,772$60,751$51,192$42,965$35,934$24,920
17 years$66,849$55,950$46,583$38,604$31,861$21,490
18 years$62,477$51,700$42,524$34,790$28,330$18,575
19 years$58,570$47,915$38,929$31,436$25,251$16,087
20 years$55,059$44,525$35,727$28,471$22,555$13,957
21 years$51,886$41,473$32,862$25,839$20,184$12,126
22 years$49,005$38,714$30,287$23,494$18,092$10,548
23 years$46,378$36,208$27,965$21,396$16,240$9,186
24 years$43,974$33,925$25,863$19,515$14,597$8,007
25 years$41,766$31,837$23,954$17,822$13,135$6,985
26 years$39,731$29,921$22,216$16,295$11,832$6,098
27 years$37,850$28,159$20,630$14,916$10,667$5,327
28 years$36,106$26,534$19,178$13,666$9,625$4,655
29 years$34,486$25,032$17,847$12,532$8,691$4,071
30 years$32,976$23,640$16,624$11,501$7,853$3,561
31 years$31,567$22,348$15,498$10,563$7,100$3,116
32 years$30,248$21,146$14,460$9,708$6,423$2,727
33 years$29,012$20,025$13,501$8,927$5,812$2,388
34 years$27,851$18,979$12,615$8,214$5,262$2,091
35 years$26,759$18,002$11,794$7,561$4,766$1,832
36 years$25,729$17,086$11,033$6,964$4,319$1,605
37 years$24,758$16,228$10,327$6,416$3,914$1,406
38 years$23,840$15,422$9,670$5,914$3,549$1,232
39 years$22,971$14,665$9,060$5,453$3,218$1,080
40 years$22,148$13,953$8,492$5,029$2,919$947
41 years$21,367$13,282$7,963$4,640$2,648$830
42 years$20,625$12,649$7,469$4,282$2,403$728
43 years$19,919$12,052$7,009$3,953$2,181$638
44 years$19,248$11,488$6,579$3,650$1,979$559
45 years$18,608$10,955$6,178$3,371$1,797$490
46 years$17,998$10,451$5,802$3,114$1,631$430
47 years$17,415$9,973$5,451$2,877$1,481$377
48 years$16,858$9,521$5,122$2,658$1,345$331
49 years$16,326$9,092$4,815$2,457$1,222$290
50 years$15,817$8,685$4,527$2,271$1,110$254

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 $6,188 every year, while hoping to spend $27,742 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: 76/19/5 Blend
49$16,200,000$16,200,000$16,200,000$16,200,000
50$17,858,783$17,000,183$16,749,083$19,210,338
51$19,650,862$17,803,675$17,280,660$20,902,030
52$21,624,802$18,645,608$17,829,115$22,751,475
53$23,799,126$19,527,836$18,394,984$24,777,677
54$26,194,241$20,452,305$18,978,821$26,998,148
55$28,832,638$21,421,052$19,581,195$29,432,157
56$31,739,099$22,436,215$20,202,697$32,100,917
57$34,940,933$23,500,035$20,843,933$35,027,779
58$38,468,233$24,614,863$21,505,530$38,238,447
59$42,354,164$25,783,161$22,188,136$41,761,221
60$46,635,267$27,007,515$22,892,418$45,627,256
61$51,351,814$28,290,633$23,619,063$49,870,855
62$56,548,181$29,635,356$24,368,784$54,529,787
63$62,273,270$31,044,663$25,142,312$59,645,640
64$68,580,968$32,521,676$25,940,405$65,264,208
65$75,530,661$34,069,672$26,763,842$71,435,920
66$83,187,786$35,692,084$27,613,429$78,216,308
67$91,624,458$37,392,514$28,489,996$85,666,530
68$100,920,143$39,174,737$29,394,402$93,853,937
69$111,162,413$41,042,714$30,327,529$102,852,708
70$122,447,769$43,000,598$31,290,292$112,744,540
71$134,882,556$45,052,741$32,283,630$123,619,414
72$148,583,962$47,203,711$33,308,517$135,576,440
73$163,681,128$49,458,294$34,365,954$148,724,780
74$180,316,365$51,821,513$35,456,976$163,184,678
75$198,646,499$54,298,632$36,582,650$179,088,584
76$218,844,350$56,895,172$37,744,076$196,582,394
77$241,100,362$59,616,924$38,942,391$215,826,824
78$265,624,405$62,469,960$40,178,767$236,998,913
79$292,647,752$65,460,646$41,454,414$260,293,689
80$322,425,265$68,595,660$42,770,579$285,926,000
81$355,237,799$71,882,004$44,128,550$314,132,530
82$391,394,853$75,327,021$45,529,656$345,174,024
83$431,237,496$78,938,412$46,975,266$379,337,737
84$475,141,579$82,724,253$48,466,797$416,940,138
85$523,521,292$86,693,013$50,005,706$458,329,880
86$576,833,066$90,853,573$51,593,499$503,891,084
87$635,579,888$95,215,247$53,231,731$554,046,947
88$700,316,046$99,787,804$54,922,003$609,263,727
89$771,652,363$104,581,487$56,665,971$670,055,127
90$850,261,963$109,607,039$58,465,340$736,987,132
91$936,886,626$114,875,726$60,321,871$810,683,333
92$1,032,343,789$120,399,364$62,237,381$891,830,802
93$1,137,534,267$126,190,345$64,213,745$981,186,553
94$1,253,450,754$132,261,662$66,252,897$1,079,584,679
95$1,381,187,193$138,626,946$68,356,831$1,187,944,200
96$1,521,949,110$145,300,490$70,527,608$1,307,277,721
97$1,677,064,988$152,297,283$72,767,352$1,438,700,973
98$1,847,998,814$159,633,047$75,078,255$1,583,443,321
99$2,036,363,895$167,324,269$77,462,580$1,742,859,345
100$2,243,938,095$175,388,240$79,922,658$1,918,441,608