Can I retire at age 50 with 16,800,000?

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 $16,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$1,387,328$1,374,971$1,362,914$1,351,146$1,339,656$1,294,700
2 years$686,796$674,005$661,609$649,590$637,931$593,083
3 years$453,316$440,470$428,105$416,198$404,730$361,397
4 years$336,599$323,792$311,551$299,847$288,657$247,171
5 years$266,587$253,857$241,776$230,312$219,432$179,903
6 years$219,927$207,293$195,391$184,182$173,629$136,089
7 years$186,612$174,085$162,371$151,426$141,207$105,650
8 years$161,637$149,223$137,703$127,028$117,145$83,544
9 years$142,223$129,925$118,604$108,199$98,653$66,968
10 years$126,700$114,523$103,402$93,269$84,057$54,237
11 years$114,008$101,953$91,033$81,172$72,292$44,279
12 years$103,439$91,507$80,790$71,199$62,647$36,378
13 years$94,503$82,696$72,180$62,858$54,629$30,037
14 years$86,849$75,168$64,854$55,798$47,888$24,902
15 years$80,223$68,668$58,555$49,762$42,164$20,713
16 years$74,430$63,001$53,088$44,557$37,265$17,275
17 years$69,325$58,022$48,308$40,034$33,041$14,440
18 years$64,791$53,615$44,099$36,078$29,379$12,092
19 years$60,740$49,690$40,371$32,600$26,186$10,142
20 years$57,098$46,174$37,050$29,526$23,390$8,517
21 years$53,807$43,009$34,079$26,796$20,931$7,159
22 years$50,820$40,148$31,409$24,364$18,762$6,024
23 years$48,096$37,549$29,001$22,189$16,842$5,072
24 years$45,603$35,181$26,821$20,237$15,138$4,273
25 years$43,313$33,016$24,841$18,482$13,622$3,602
26 years$41,203$31,029$23,039$16,899$12,270$3,038
27 years$39,252$29,202$21,394$15,468$11,062$2,563
28 years$37,444$27,517$19,888$14,172$9,982$2,163
29 years$35,763$25,959$18,508$12,996$9,013$1,826
30 years$34,198$24,516$17,239$11,927$8,144$1,541
31 years$32,736$23,176$16,072$10,954$7,363$1,302
32 years$31,368$21,929$14,995$10,067$6,660$1,099
33 years$30,086$20,767$14,001$9,258$6,028$929
34 years$28,882$19,682$13,082$8,518$5,457$784
35 years$27,750$18,668$12,231$7,841$4,943$663
36 years$26,682$17,719$11,441$7,221$4,479$560
37 years$25,675$16,829$10,709$6,654$4,059$473
38 years$24,723$15,994$10,028$6,133$3,680$400
39 years$23,822$15,208$9,396$5,655$3,337$338
40 years$22,968$14,469$8,807$5,216$3,027$286
41 years$22,158$13,774$8,258$4,812$2,746$241
42 years$21,389$13,117$7,746$4,441$2,492$204
43 years$20,657$12,498$7,269$4,100$2,261$172
44 years$19,961$11,913$6,823$3,785$2,053$146
45 years$19,297$11,361$6,406$3,496$1,863$123
46 years$18,664$10,838$6,017$3,229$1,692$104
47 years$18,060$10,342$5,653$2,983$1,536$88
48 years$17,483$9,873$5,312$2,757$1,395$74
49 years$16,931$9,428$4,993$2,548$1,267$63
50 years$16,403$9,006$4,694$2,355$1,151$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $16,800,000, adding $2,167 every year, while hoping to spend $32,068 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: 23/50/27 Blend
49$16,800,000$16,800,000$16,800,000$16,800,000
50$18,515,835$17,625,435$17,365,035$18,783,063
51$20,370,330$18,454,961$17,912,644$19,843,070
52$22,412,909$19,324,060$18,477,523$20,974,312
53$24,662,722$20,234,635$19,060,216$22,184,807
54$27,140,873$21,188,685$19,661,286$23,481,109
55$29,870,615$22,188,304$20,281,313$24,870,372
56$32,877,575$23,235,688$20,920,893$26,360,410
57$36,189,989$24,333,138$21,580,645$27,959,759
58$39,838,975$25,483,068$22,261,203$29,677,750
59$43,858,822$26,688,010$22,963,225$31,524,584
60$48,287,315$27,950,617$23,687,387$33,511,420
61$53,166,095$29,273,670$24,434,388$35,650,465
62$58,541,044$30,660,088$25,204,947$37,955,080
63$64,462,727$32,112,928$25,999,809$40,439,892
64$70,986,861$33,635,398$26,819,739$43,120,921
65$78,174,849$35,230,861$27,665,528$46,015,714
66$86,094,353$36,902,842$28,537,993$49,143,496
67$94,819,934$38,655,038$29,437,973$52,525,342
68$104,433,759$40,491,327$30,366,337$56,184,352
69$115,026,374$42,415,773$31,323,980$60,145,857
70$126,697,557$44,432,639$32,311,826$64,437,642
71$139,557,263$46,546,394$33,330,828$69,090,185
72$153,726,661$48,761,724$34,381,968$74,136,930
73$169,339,276$51,083,544$35,466,259$79,614,582
74$186,542,251$53,517,007$36,584,748$85,563,429
75$205,497,736$56,067,515$37,738,512$92,027,706
76$226,384,418$58,740,737$38,928,666$99,055,984
77$249,399,208$61,542,612$40,156,355$106,701,610
78$274,759,100$64,479,373$41,422,765$115,023,181
79$302,703,217$67,557,551$42,729,117$124,085,074
80$333,495,073$70,783,999$44,076,670$133,958,024
81$367,425,056$74,165,900$45,466,725$144,719,763
82$404,813,172$77,710,790$46,900,620$156,455,727
83$446,012,065$81,426,569$48,379,741$169,259,825
84$491,410,346$85,321,520$49,905,512$183,235,300
85$541,436,261$89,404,334$51,479,406$198,495,662
86$596,561,733$93,684,120$53,102,940$215,165,727
87$657,306,821$98,170,434$54,777,680$233,382,758
88$724,244,626$102,873,294$56,505,241$253,297,718
89$798,006,701$107,803,209$58,287,290$275,076,659
90$879,289,015$112,971,196$60,125,545$298,902,238
91$968,858,522$118,388,813$62,021,778$324,975,405
92$1,067,560,403$124,068,176$63,977,819$353,517,246
93$1,176,326,043$130,021,995$65,995,555$384,771,020
94$1,296,181,824$136,263,598$68,076,931$419,004,410
95$1,428,258,816$142,806,960$70,223,954$456,511,987
96$1,573,803,455$149,666,740$72,438,695$497,617,938
97$1,734,189,307$156,858,310$74,723,291$542,679,067
98$1,910,930,040$164,397,791$77,079,945$592,088,098
99$2,105,693,710$172,302,089$79,510,930$646,277,320
100$2,320,318,512$180,588,935$82,018,590$705,722,594