Can I retire at age 50 with 16,600,000?

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 $16,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$1,370,812$1,358,602$1,346,689$1,335,061$1,323,707$1,292,757
2 years$678,620$665,981$653,733$641,856$630,337$599,331
3 years$447,919$435,226$423,008$411,244$399,912$369,819
4 years$332,592$319,937$307,842$296,278$285,220$256,272
5 years$263,413$250,835$238,898$227,570$216,820$189,098
6 years$217,309$204,825$193,065$181,989$171,562$145,094
7 years$184,391$172,012$160,438$149,624$139,526$114,316
8 years$159,713$147,446$136,064$125,515$115,750$91,789
9 years$140,529$128,378$117,192$106,911$97,479$74,746
10 years$125,192$113,159$102,171$92,159$83,057$61,529
11 years$112,651$100,739$89,949$80,206$71,431$51,078
12 years$102,207$90,418$79,828$70,351$61,901$42,689
13 years$93,377$81,711$71,321$62,109$53,979$35,873
14 years$85,816$74,273$64,082$55,134$47,318$30,279
15 years$79,268$67,850$57,857$49,170$41,662$25,651
16 years$73,544$62,251$52,456$44,026$36,821$21,796
17 years$68,499$57,331$47,733$39,557$32,648$18,568
18 years$64,020$52,976$43,574$35,649$29,029$15,852
19 years$60,017$49,098$39,890$32,212$25,874$13,557
20 years$56,418$45,624$36,609$29,174$23,111$11,612
21 years$53,167$42,497$33,673$26,477$20,682$9,959
22 years$50,215$39,670$31,035$24,074$18,539$8,551
23 years$47,523$37,102$28,656$21,925$16,641$7,348
24 years$45,060$34,762$26,501$19,996$14,958$6,320
25 years$42,797$32,623$24,546$18,262$13,460$5,440
26 years$40,712$30,660$22,765$16,698$12,124$4,684
27 years$38,785$28,855$21,139$15,284$10,931$4,036
28 years$36,998$27,190$19,652$14,003$9,863$3,479
29 years$35,337$25,650$18,288$12,841$8,906$3,000
30 years$33,790$24,224$17,034$11,785$8,047$2,588
31 years$32,346$22,900$15,880$10,824$7,275$2,233
32 years$30,995$21,668$14,817$9,947$6,581$1,927
33 years$29,728$20,520$13,834$9,147$5,956$1,663
34 years$28,538$19,448$12,926$8,416$5,392$1,436
35 years$27,419$18,446$12,085$7,748$4,884$1,240
36 years$26,365$17,508$11,305$7,135$4,425$1,071
37 years$25,369$16,629$10,582$6,574$4,011$925
38 years$24,429$15,803$9,909$6,060$3,636$799
39 years$23,538$15,027$9,284$5,587$3,297$690
40 years$22,695$14,297$8,702$5,154$2,991$596
41 years$21,894$13,610$8,159$4,755$2,713$515
42 years$21,134$12,961$7,654$4,388$2,462$445
43 years$20,411$12,350$7,182$4,051$2,234$385
44 years$19,723$11,772$6,742$3,740$2,028$332
45 years$19,067$11,225$6,330$3,454$1,841$287
46 years$18,442$10,709$5,945$3,191$1,672$248
47 years$17,845$10,219$5,586$2,948$1,518$214
48 years$17,275$9,756$5,249$2,724$1,379$185
49 years$16,729$9,316$4,934$2,517$1,252$160
50 years$16,207$8,899$4,638$2,327$1,137$138

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $16,600,000, adding $2,847 every year, while hoping to spend $25,855 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: 51/43/6 Blend
49$16,600,000$16,600,000$16,600,000$16,600,000
50$18,296,137$17,416,337$17,159,037$19,202,593
51$20,134,833$18,242,228$17,706,355$20,644,738
52$22,160,210$19,107,721$18,271,142$22,208,525
53$24,391,282$20,014,729$18,853,955$23,907,764
54$26,849,000$20,965,259$19,455,371$25,755,169
55$29,556,455$21,961,414$20,075,983$27,764,704
56$32,539,090$23,005,399$20,716,404$29,951,701
57$35,824,941$24,099,528$21,377,268$32,333,000
58$39,444,906$25,246,225$22,059,226$34,927,100
59$43,433,030$26,448,034$22,762,954$37,754,324
60$47,826,832$27,707,620$23,489,146$40,837,005
61$52,667,656$29,027,781$24,238,520$44,199,685
62$58,001,063$30,411,448$25,011,817$47,869,338
63$63,877,258$31,861,697$25,809,800$51,875,615
64$70,351,569$33,381,749$26,633,258$56,251,114
65$77,484,961$34,974,988$27,483,005$61,031,676
66$85,344,623$36,644,958$28,359,881$66,256,712
67$94,004,590$38,395,376$29,264,752$71,969,562
68$103,546,450$40,230,142$30,198,513$78,217,896
69$114,060,112$42,153,342$31,162,087$85,054,144
70$125,644,653$44,169,266$32,156,427$92,535,983
71$138,409,254$46,282,407$33,182,514$100,726,864
72$152,474,235$48,497,481$34,241,365$109,696,598
73$167,972,180$50,819,432$35,334,025$119,521,996
74$185,049,203$53,253,443$36,461,574$130,287,582
75$203,866,312$55,804,953$37,625,128$142,086,368
76$224,600,943$58,479,663$38,825,837$155,020,720
77$247,448,625$61,283,552$40,064,888$169,203,299
78$272,624,829$64,222,891$41,343,506$184,758,110
79$300,367,005$67,304,255$42,662,956$201,821,648
80$330,936,817$70,534,541$44,024,543$220,544,166
81$364,622,619$73,920,981$45,429,613$241,091,070
82$401,742,177$77,471,160$46,879,555$263,644,459
83$442,645,663$81,193,030$48,375,804$288,404,813
84$487,718,966$85,094,935$49,919,839$315,592,864
85$537,387,336$89,185,621$51,513,188$345,451,652
86$592,119,391$93,474,264$53,157,427$378,248,785
87$652,431,550$97,970,484$54,854,183$414,278,944
88$718,892,903$102,684,373$56,605,133$453,866,622
89$792,130,584$107,626,512$58,412,009$497,369,164
90$872,835,693$112,808,000$60,276,601$545,180,098
91$961,769,818$118,240,476$62,200,751$597,732,816
92$1,059,772,227$123,936,148$64,186,364$655,504,630
93$1,167,767,792$129,907,816$66,235,405$719,021,231
94$1,286,775,716$136,168,909$68,349,901$788,861,615
95$1,417,919,161$142,733,507$70,531,944$865,663,502
96$1,562,435,845$149,616,379$72,783,694$950,129,312
97$1,721,689,732$156,833,012$75,107,378$1,043,032,743
98$1,897,183,907$164,399,651$77,505,297$1,145,226,029
99$2,090,574,764$172,333,334$79,979,824$1,257,647,930
100$2,303,687,650$180,651,926$82,533,408$1,381,332,537