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%15.8%
1 years$1,337,781$1,325,865$1,314,239$1,302,891$1,291,811$1,261,094
2 years$662,268$649,934$637,980$626,390$615,148$584,381
3 years$437,126$424,739$412,815$401,334$390,275$360,419
4 years$324,577$312,228$300,424$289,139$278,348$249,633
5 years$257,066$244,791$233,141$222,086$211,595$184,102
6 years$212,073$199,890$188,413$177,604$167,428$141,184
7 years$179,948$167,867$156,572$146,018$136,164$111,172
8 years$155,865$143,893$132,785$122,491$112,961$89,212
9 years$137,143$125,285$114,368$104,335$95,130$72,605
10 years$122,175$110,433$99,709$89,938$81,055$59,729
11 years$109,936$98,312$87,782$78,273$69,710$49,552
12 years$99,744$88,239$77,904$68,656$60,409$41,387
13 years$91,127$79,742$69,602$60,613$52,678$34,755
14 years$83,748$72,484$62,538$53,805$46,177$29,315
15 years$77,358$66,215$56,463$47,985$40,658$24,817
16 years$71,772$60,751$51,192$42,965$35,934$21,073
17 years$66,849$55,950$46,583$38,604$31,861$17,939
18 years$62,477$51,700$42,524$34,790$28,330$15,303
19 years$58,570$47,915$38,929$31,436$25,251$13,078
20 years$55,059$44,525$35,727$28,471$22,555$11,194
21 years$51,886$41,473$32,862$25,839$20,184$9,593
22 years$49,005$38,714$30,287$23,494$18,092$8,230
23 years$46,378$36,208$27,965$21,396$16,240$7,067
24 years$43,974$33,925$25,863$19,515$14,597$6,074
25 years$41,766$31,837$23,954$17,822$13,135$5,223
26 years$39,731$29,921$22,216$16,295$11,832$4,494
27 years$37,850$28,159$20,630$14,916$10,667$3,869
28 years$36,106$26,534$19,178$13,666$9,625$3,332
29 years$34,486$25,032$17,847$12,532$8,691$2,871
30 years$32,976$23,640$16,624$11,501$7,853$2,475
31 years$31,567$22,348$15,498$10,563$7,100$2,133
32 years$30,248$21,146$14,460$9,708$6,423$1,840
33 years$29,012$20,025$13,501$8,927$5,812$1,587
34 years$27,851$18,979$12,615$8,214$5,262$1,369
35 years$26,759$18,002$11,794$7,561$4,766$1,181
36 years$25,729$17,086$11,033$6,964$4,319$1,019
37 years$24,758$16,228$10,327$6,416$3,914$879
38 years$23,840$15,422$9,670$5,914$3,549$759
39 years$22,971$14,665$9,060$5,453$3,218$655
40 years$22,148$13,953$8,492$5,029$2,919$565
41 years$21,367$13,282$7,963$4,640$2,648$488
42 years$20,625$12,649$7,469$4,282$2,403$421
43 years$19,919$12,052$7,009$3,953$2,181$364
44 years$19,248$11,488$6,579$3,650$1,979$314
45 years$18,608$10,955$6,178$3,371$1,797$271
46 years$17,998$10,451$5,802$3,114$1,631$234
47 years$17,415$9,973$5,451$2,877$1,481$202
48 years$16,858$9,521$5,122$2,658$1,345$174
49 years$16,326$9,092$4,815$2,457$1,222$151
50 years$15,817$8,685$4,527$2,271$1,110$130

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 $5,259 every year, while hoping to spend $49,809 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: 57/23/20 Blend
49$16,200,000$16,200,000$16,200,000$16,200,000
50$17,857,825$16,999,225$16,748,125$18,780,041
51$19,626,326$17,779,190$17,256,190$20,188,554
52$21,573,546$18,595,705$17,779,607$21,716,998
53$23,717,660$19,450,507$18,318,836$23,381,630
54$26,078,697$20,345,417$18,874,353$25,195,567
55$28,678,728$21,282,347$19,446,648$27,173,237
56$31,542,072$22,263,296$20,036,225$29,330,501
57$34,695,528$23,290,362$20,643,603$31,684,806
58$38,168,626$24,365,743$21,269,317$34,255,343
59$41,993,906$25,491,744$21,913,919$37,063,221
60$46,207,224$26,670,780$22,577,975$40,131,665
61$50,848,094$27,905,381$23,262,071$43,486,223
62$55,960,057$29,198,202$23,966,807$47,155,013
63$61,591,091$30,552,023$24,692,804$51,168,969
64$67,794,069$31,969,758$25,440,699$55,562,139
65$74,627,252$33,454,465$26,211,151$60,371,993
66$82,154,843$35,009,345$27,004,836$65,639,770
67$90,447,590$36,637,756$27,822,451$71,410,866
68$99,583,455$38,343,217$28,664,714$77,735,250
69$109,648,350$40,129,417$29,532,364$84,667,928
70$120,736,947$42,000,223$30,426,164$92,269,459
71$132,953,572$43,959,690$31,346,896$100,606,515
72$146,413,188$46,012,067$32,295,369$109,752,500
73$161,242,483$48,161,808$33,272,413$119,788,240
74$177,581,063$50,413,583$34,278,886$130,802,731
75$195,582,772$52,772,289$35,315,669$142,893,972
76$215,417,140$55,243,057$36,383,670$156,169,878
77$237,270,990$57,831,268$37,483,824$170,749,290
78$261,350,193$60,542,563$38,617,094$186,763,086
79$287,881,618$63,382,854$39,784,472$204,355,403
80$317,115,270$66,358,341$40,986,979$223,684,986
81$349,326,651$69,475,523$42,225,667$244,926,675
82$384,819,360$72,741,214$43,501,617$268,273,040
83$423,927,960$76,162,558$44,815,946$293,936,187
84$467,021,132$79,747,044$46,169,801$322,149,746
85$514,505,163$83,502,524$47,564,364$353,171,059
86$566,827,773$87,437,231$49,000,854$387,283,597
87$624,482,346$91,559,796$50,480,523$424,799,616
88$688,012,587$95,879,268$52,004,662$466,063,088
89$758,017,653$100,405,134$53,574,601$511,452,933
90$835,157,812$105,147,344$55,191,707$561,386,574
91$920,160,670$110,116,326$56,857,392$616,323,858
92$1,013,828,049$115,323,016$58,573,104$676,771,381
93$1,117,043,546$120,778,879$60,340,339$743,287,240
94$1,230,780,882$126,495,939$62,160,635$816,486,288
95$1,356,113,092$132,486,800$64,035,577$897,045,910
96$1,494,222,653$138,764,679$65,966,794$985,712,394
97$1,646,412,649$145,343,434$67,955,967$1,083,307,949
98$1,814,119,073$152,237,595$70,004,825$1,190,738,444
99$1,998,924,379$159,462,399$72,115,148$1,309,001,927
100$2,202,572,430$167,033,820$74,288,770$1,439,198,021