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%14.5%
1 years$1,337,781$1,325,865$1,314,239$1,302,891$1,291,811$1,267,803
2 years$662,268$649,934$637,980$626,390$615,148$591,050
3 years$437,126$424,739$412,815$401,334$390,275$366,839
4 years$324,577$312,228$300,424$289,139$278,348$255,753
5 years$257,066$244,791$233,141$222,086$211,595$189,906
6 years$212,073$199,890$188,413$177,604$167,428$146,669
7 years$179,948$167,867$156,572$146,018$136,164$116,341
8 years$155,865$143,893$132,785$122,491$112,961$94,069
9 years$137,143$125,285$114,368$104,335$95,130$77,156
10 years$122,175$110,433$99,709$89,938$81,055$63,984
11 years$109,936$98,312$87,782$78,273$69,710$53,522
12 years$99,744$88,239$77,904$68,656$60,409$45,082
13 years$91,127$79,742$69,602$60,613$52,678$38,187
14 years$83,748$72,484$62,538$53,805$46,177$32,496
15 years$77,358$66,215$56,463$47,985$40,658$27,760
16 years$71,772$60,751$51,192$42,965$35,934$23,789
17 years$66,849$55,950$46,583$38,604$31,861$20,442
18 years$62,477$51,700$42,524$34,790$28,330$17,605
19 years$58,570$47,915$38,929$31,436$25,251$15,191
20 years$55,059$44,525$35,727$28,471$22,555$13,130
21 years$51,886$41,473$32,862$25,839$20,184$11,365
22 years$49,005$38,714$30,287$23,494$18,092$9,848
23 years$46,378$36,208$27,965$21,396$16,240$8,543
24 years$43,974$33,925$25,863$19,515$14,597$7,418
25 years$41,766$31,837$23,954$17,822$13,135$6,445
26 years$39,731$29,921$22,216$16,295$11,832$5,604
27 years$37,850$28,159$20,630$14,916$10,667$4,876
28 years$36,106$26,534$19,178$13,666$9,625$4,244
29 years$34,486$25,032$17,847$12,532$8,691$3,696
30 years$32,976$23,640$16,624$11,501$7,853$3,220
31 years$31,567$22,348$15,498$10,563$7,100$2,806
32 years$30,248$21,146$14,460$9,708$6,423$2,446
33 years$29,012$20,025$13,501$8,927$5,812$2,132
34 years$27,851$18,979$12,615$8,214$5,262$1,860
35 years$26,759$18,002$11,794$7,561$4,766$1,622
36 years$25,729$17,086$11,033$6,964$4,319$1,415
37 years$24,758$16,228$10,327$6,416$3,914$1,235
38 years$23,840$15,422$9,670$5,914$3,549$1,077
39 years$22,971$14,665$9,060$5,453$3,218$940
40 years$22,148$13,953$8,492$5,029$2,919$821
41 years$21,367$13,282$7,963$4,640$2,648$716
42 years$20,625$12,649$7,469$4,282$2,403$625
43 years$19,919$12,052$7,009$3,953$2,181$546
44 years$19,248$11,488$6,579$3,650$1,979$477
45 years$18,608$10,955$6,178$3,371$1,797$416
46 years$17,998$10,451$5,802$3,114$1,631$363
47 years$17,415$9,973$5,451$2,877$1,481$317
48 years$16,858$9,521$5,122$2,658$1,345$277
49 years$16,326$9,092$4,815$2,457$1,222$242
50 years$15,817$8,685$4,527$2,271$1,110$211

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 $5,728 every year, while hoping to spend $35,028 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: 79/13/8 Blend
49$16,200,000$16,200,000$16,200,000$16,200,000
50$17,858,308$16,999,708$16,748,608$19,249,582
51$19,642,586$17,795,425$17,272,417$20,958,629
52$21,607,687$18,628,957$17,812,600$22,827,842
53$23,772,016$19,502,121$18,369,667$24,877,305
54$26,155,858$20,416,822$18,944,148$27,124,977
55$28,781,564$21,375,054$19,536,585$29,590,636
56$31,673,762$22,378,910$20,147,539$32,296,055
57$34,859,594$23,430,585$20,777,590$35,265,209
58$38,368,966$24,532,378$21,427,333$38,524,497
59$42,234,836$25,686,699$22,097,384$42,102,992
60$46,493,520$26,896,078$22,788,377$46,032,706
61$51,185,038$28,163,165$23,500,966$50,348,896
62$56,353,489$29,490,738$24,235,826$55,090,389
63$62,047,472$30,881,710$24,993,653$60,299,949
64$68,320,537$32,339,137$25,775,163$66,024,671
65$75,231,698$33,866,221$26,581,097$72,316,430
66$82,845,985$35,466,320$27,412,218$79,232,361
67$91,235,060$37,142,954$28,269,312$86,835,397
68$100,477,892$38,899,815$29,153,190$95,194,857
69$110,661,505$40,740,773$30,064,689$104,387,098
70$121,881,794$42,669,886$31,004,671$114,496,232
71$134,244,436$44,691,410$31,974,027$125,614,912
72$147,865,884$46,809,805$32,973,673$137,845,205
73$162,874,469$49,029,750$34,004,556$151,299,548
74$179,411,607$51,356,150$35,067,650$166,101,805
75$197,633,137$53,794,147$36,163,962$182,388,432
76$217,710,791$56,349,135$37,294,530$200,309,757
77$239,833,817$59,026,768$38,460,422$220,031,394
78$264,210,763$61,832,975$39,662,742$241,735,802
79$291,071,444$64,773,975$40,902,628$265,623,995
80$320,669,118$67,856,286$42,181,252$291,917,439
81$353,282,868$71,086,744$43,499,824$320,860,134
82$389,220,244$74,472,518$44,859,592$352,720,905
83$428,820,162$78,021,124$46,261,841$387,795,938
84$472,456,104$81,740,445$47,707,898$426,411,564
85$520,539,645$85,638,746$49,199,132$468,927,333
86$573,524,338$89,724,693$50,736,951$515,739,396
87$631,909,993$94,007,376$52,322,812$567,284,240
88$696,247,400$98,496,325$53,958,213$624,042,794
89$767,143,523$103,201,533$55,644,702$686,544,961
90$845,267,236$108,133,482$57,383,873$755,374,609
91$931,355,633$113,303,161$59,177,372$831,175,074
92$1,026,220,987$118,722,095$61,026,893$914,655,216
93$1,130,758,420$124,402,370$62,934,186$1,006,596,104
94$1,245,954,352$130,356,660$64,901,055$1,107,858,373
95$1,372,895,815$136,598,255$66,929,359$1,219,390,337
96$1,512,780,711$143,141,093$69,021,016$1,342,236,927
97$1,666,929,127$149,999,790$71,178,003$1,477,549,540
98$1,836,795,792$157,189,673$73,402,360$1,626,596,894
99$2,023,983,813$164,726,818$75,696,190$1,790,776,987
100$2,230,259,810$172,628,080$78,061,661$1,971,630,284