Can I retire at age 50 with 16,300,000?

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 $16,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$1,346,039$1,334,049$1,322,351$1,310,934$1,299,785$1,260,703
2 years$666,356$653,946$641,918$630,257$618,945$579,900
3 years$439,824$427,361$415,363$403,811$392,684$354,900
4 years$326,581$314,155$302,278$290,923$280,066$243,832
5 years$258,653$246,302$234,580$223,457$212,901$178,317
6 years$213,382$201,124$189,576$178,700$168,462$135,557
7 years$181,058$168,903$157,538$146,919$137,004$105,778
8 years$156,827$144,781$133,605$123,247$113,658$84,090
9 years$137,990$126,058$115,074$104,979$95,717$67,776
10 years$122,929$111,114$100,324$90,493$81,556$55,203
11 years$110,615$98,918$88,324$78,756$70,140$45,331
12 years$100,360$88,784$78,385$69,080$60,782$37,465
13 years$91,690$80,235$70,032$60,987$53,003$31,124
14 years$84,265$72,931$62,924$54,137$46,462$25,965
15 years$77,835$66,624$56,812$48,281$40,909$21,736
16 years$72,215$61,126$51,508$43,230$36,156$18,246
17 years$67,261$56,295$46,870$38,842$32,058$15,353
18 years$62,863$52,019$42,787$35,005$28,505$12,943
19 years$58,932$48,211$39,169$31,630$25,407$10,929
20 years$55,399$44,800$35,948$28,647$22,694$9,241
21 years$52,206$41,729$33,065$25,999$20,308$7,823
22 years$49,307$38,953$30,474$23,639$18,204$6,628
23 years$46,665$36,432$28,138$21,528$16,341$5,621
24 years$44,246$34,134$26,023$19,635$14,687$4,769
25 years$42,024$32,033$24,102$17,932$13,216$4,050
26 years$39,976$30,106$22,353$16,396$11,905$3,440
27 years$38,084$28,333$20,757$15,008$10,733$2,923
28 years$36,329$26,698$19,296$13,750$9,685$2,485
29 years$34,699$25,187$17,957$12,609$8,745$2,113
30 years$33,180$23,786$16,726$11,572$7,902$1,797
31 years$31,762$22,486$15,593$10,628$7,144$1,529
32 years$30,435$21,276$14,549$9,768$6,462$1,301
33 years$29,191$20,149$13,584$8,982$5,848$1,107
34 years$28,023$19,097$12,692$8,264$5,295$943
35 years$26,924$18,113$11,867$7,608$4,796$802
36 years$25,888$17,192$11,101$7,007$4,345$683
37 years$24,911$16,328$10,390$6,456$3,938$582
38 years$23,987$15,518$9,730$5,950$3,570$495
39 years$23,113$14,756$9,116$5,486$3,238$422
40 years$22,285$14,039$8,544$5,060$2,937$359
41 years$21,499$13,364$8,012$4,669$2,664$306
42 years$20,752$12,727$7,515$4,309$2,418$260
43 years$20,042$12,126$7,052$3,978$2,194$222
44 years$19,367$11,559$6,620$3,673$1,992$189
45 years$18,723$11,023$6,216$3,392$1,808$161
46 years$18,109$10,515$5,838$3,133$1,642$137
47 years$17,523$10,035$5,485$2,895$1,491$117
48 years$16,963$9,579$5,154$2,675$1,354$99
49 years$16,427$9,148$4,845$2,472$1,229$85
50 years$15,914$8,738$4,555$2,285$1,117$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $16,300,000, adding $5,847 every year, while hoping to spend $52,816 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: 55/37/8 Blend
49$16,300,000$16,300,000$16,300,000$16,300,000
50$17,968,631$17,104,731$16,852,081$18,922,513
51$19,745,236$17,886,667$17,360,430$20,349,622
52$21,701,284$18,705,148$17,884,039$21,896,288
53$23,855,023$19,561,908$18,423,362$23,578,935
54$26,226,560$20,458,766$18,978,869$25,410,495
55$28,838,051$21,397,628$19,551,043$27,405,177
56$31,713,910$22,380,489$20,140,381$29,578,594
57$34,881,039$23,409,444$20,747,395$31,947,906
58$38,369,084$24,486,686$21,372,611$34,531,977
59$42,210,710$25,614,512$22,016,573$37,351,541
60$46,441,913$26,795,334$22,679,838$40,429,399
61$51,102,358$28,031,676$23,362,983$43,790,619
62$56,235,756$29,326,185$24,066,600$47,462,769
63$61,890,269$30,681,634$24,791,298$51,476,170
64$68,118,975$32,100,933$25,537,705$55,864,172
65$74,980,360$33,587,128$26,306,467$60,663,459
66$82,538,873$35,143,414$27,098,250$65,914,390
67$90,865,536$36,773,139$27,913,740$71,661,367
68$100,038,611$38,479,813$28,753,640$77,953,246
69$110,144,341$40,267,115$29,618,678$84,843,786
70$121,277,762$42,138,902$30,509,602$92,392,148
71$133,543,600$44,099,214$31,427,180$100,663,440
72$147,057,262$46,152,291$32,372,206$109,729,319
73$161,945,923$48,302,573$33,345,495$119,668,658
74$178,349,725$50,554,717$34,347,886$130,568,274
75$196,423,102$52,913,603$35,380,246$142,523,736
76$216,336,237$55,384,349$36,443,463$155,640,251
77$238,276,669$57,972,317$37,538,454$170,033,644
78$262,451,059$60,683,131$38,666,163$185,831,434
79$289,087,148$63,522,686$39,827,560$203,174,023
80$318,435,900$66,497,160$41,023,646$222,216,001
81$350,773,873$69,613,032$42,255,449$243,127,590
82$386,405,831$72,877,093$43,524,030$266,096,231
83$425,667,618$76,296,464$44,830,478$291,328,334
84$468,929,333$79,878,608$46,175,916$319,051,205
85$516,598,816$83,631,351$47,561,500$349,515,170
86$569,125,505$87,562,897$48,988,421$382,995,916
87$627,004,676$91,681,848$50,457,901$419,797,069
88$690,782,115$95,997,220$51,971,204$460,253,036
89$761,059,276$100,518,470$53,529,625$504,732,135
90$838,498,956$105,255,508$55,134,500$553,640,045
91$923,831,549$110,218,728$56,787,206$607,423,607
92$1,017,861,946$115,419,025$58,489,157$666,575,010
93$1,121,477,131$120,867,823$60,241,809$731,636,410
94$1,235,654,552$126,577,101$62,046,664$803,205,013
95$1,361,471,353$132,559,415$63,905,264$881,938,678
96$1,500,114,539$138,827,935$65,819,198$968,562,090
97$1,652,892,183$145,396,464$67,790,102$1,063,873,567
98$1,821,245,774$152,279,479$69,819,659$1,168,752,555
99$2,006,763,827$159,492,158$71,909,602$1,284,167,885
100$2,211,196,878$167,050,414$74,061,713$1,411,186,882