Can I retire at age 50 with 16,900,000?

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 $16,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,395,586$1,383,155$1,371,027$1,359,189$1,347,630$1,333,556
2 years$690,884$678,017$665,547$653,456$641,728$627,556
3 years$456,014$443,092$430,653$418,676$407,139$393,307
4 years$338,602$325,719$313,405$301,632$290,375$276,990
5 years$268,174$255,368$243,215$231,683$220,738$207,840
6 years$221,236$208,527$196,554$185,278$174,663$162,267
7 years$187,723$175,121$163,337$152,328$142,048$130,159
8 years$162,599$150,111$138,523$127,784$117,842$106,461
9 years$143,069$130,698$119,310$108,843$99,240$88,361
10 years$127,454$115,204$104,017$93,824$84,558$74,175
11 years$114,686$102,560$91,575$81,655$72,722$62,827
12 years$104,054$92,052$81,270$71,622$63,020$53,601
13 years$95,065$83,188$72,610$63,232$54,954$46,002
14 years$87,366$75,616$65,240$56,130$48,173$39,674
15 years$80,700$69,076$58,903$50,058$42,415$34,357
16 years$74,873$63,376$53,404$44,822$37,487$29,856
17 years$69,737$58,367$48,596$40,272$33,238$26,021
18 years$65,177$53,934$44,362$36,293$29,554$22,735
19 years$61,101$49,985$40,611$32,794$26,342$19,908
20 years$57,438$46,449$37,271$29,701$23,529$17,464
21 years$54,127$43,265$34,282$26,956$21,056$15,345
22 years$51,122$40,386$31,596$24,509$18,874$13,502
23 years$48,382$37,773$29,173$22,321$16,942$11,895
24 years$45,874$35,391$26,980$20,358$15,228$10,490
25 years$43,571$33,212$24,989$18,592$13,703$9,259
26 years$41,448$31,214$23,176$17,000$12,343$8,180
27 years$39,485$29,376$21,521$15,560$11,128$7,232
28 years$37,666$27,681$20,007$14,256$10,041$6,397
29 years$35,976$26,114$18,618$13,073$9,067$5,662
30 years$34,401$24,662$17,342$11,998$8,193$5,014
31 years$32,931$23,314$16,167$11,019$7,407$4,442
32 years$31,555$22,059$15,084$10,127$6,700$3,937
33 years$30,265$20,891$14,084$9,313$6,064$3,491
34 years$29,054$19,800$13,160$8,568$5,490$3,095
35 years$27,915$18,780$12,303$7,888$4,972$2,746
36 years$26,841$17,825$11,510$7,264$4,505$2,436
37 years$25,828$16,929$10,773$6,693$4,083$2,162
38 years$24,870$16,089$10,088$6,169$3,702$1,919
39 years$23,964$15,299$9,452$5,688$3,357$1,704
40 years$23,105$14,556$8,859$5,247$3,045$1,513
41 years$22,290$13,856$8,307$4,841$2,762$1,343
42 years$21,516$13,196$7,792$4,467$2,507$1,193
43 years$20,780$12,573$7,312$4,124$2,275$1,060
44 years$20,080$11,984$6,863$3,808$2,065$941
45 years$19,412$11,428$6,445$3,517$1,875$836
46 years$18,775$10,902$6,053$3,248$1,702$743
47 years$18,168$10,404$5,687$3,001$1,545$660
48 years$17,587$9,932$5,344$2,773$1,404$586
49 years$17,032$9,484$5,023$2,563$1,275$521
50 years$16,500$9,060$4,722$2,369$1,158$463

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $16,900,000, adding $2,619 every year, while hoping to spend $37,974 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: 28/49/23 Blend
49$16,900,000$16,900,000$16,900,000$16,900,000
50$18,626,501$17,730,801$17,468,851$19,013,473
51$20,486,001$18,559,207$18,013,654$20,145,149
52$22,533,896$19,426,931$18,575,435$21,356,682
53$24,789,364$20,335,861$19,154,722$22,657,606
54$27,273,535$21,287,975$19,752,062$24,055,590
55$30,009,695$22,285,345$20,368,015$25,559,018
56$33,023,502$23,330,145$21,003,162$27,177,060
57$36,343,232$24,424,655$21,658,100$28,919,757
58$40,000,041$25,571,262$22,333,446$30,798,095
59$44,028,263$26,772,472$23,029,835$32,824,107
60$48,465,733$28,030,910$23,747,921$35,010,974
61$53,354,142$29,349,329$24,488,381$37,373,134
62$58,739,434$30,730,615$25,251,910$39,926,414
63$64,672,235$32,177,794$26,039,228$42,688,161
64$71,208,335$33,694,038$26,851,074$45,677,395
65$78,409,212$35,282,673$27,688,212$48,914,979
66$86,342,614$36,947,187$28,551,430$52,423,796
67$95,083,197$38,691,235$29,441,539$56,228,954
68$104,713,229$40,518,651$30,359,376$60,358,007
69$115,323,367$42,433,454$31,305,805$64,841,200
70$127,013,516$44,439,858$32,281,714$69,711,737
71$139,893,765$46,542,282$33,288,022$75,006,076
72$154,085,433$48,745,358$34,325,675$80,764,258
73$169,722,210$51,053,943$35,395,648$87,030,263
74$186,951,421$53,473,131$36,498,947$93,852,407
75$205,935,413$56,008,262$37,636,610$101,283,775
76$226,853,094$58,664,936$38,809,705$109,382,703
77$249,901,614$61,449,023$40,019,335$118,213,305
78$275,298,233$64,366,679$41,266,637$127,846,052
79$303,282,367$67,424,360$42,552,783$138,358,415
80$334,117,849$70,628,835$43,878,982$149,835,571
81$368,095,422$73,987,200$45,246,480$162,371,174
82$405,535,481$77,506,898$46,656,563$176,068,217
83$446,791,096$81,195,733$48,110,554$191,039,969
84$492,251,351$85,061,887$49,609,821$207,411,017
85$542,345,010$89,113,940$51,155,771$225,318,406
86$597,544,569$93,360,891$52,749,857$244,912,900
87$658,370,714$97,812,174$54,393,577$266,360,367
88$725,397,239$102,477,683$56,088,474$289,843,309
89$799,256,461$107,367,793$57,836,140$315,562,546
90$880,645,186$112,493,381$59,638,218$343,739,067
91$970,331,296$117,865,858$61,496,399$374,616,076
92$1,069,160,989$123,497,185$63,412,429$408,461,240
93$1,178,066,771$129,399,908$65,388,106$445,569,168
94$1,298,076,260$135,587,182$67,425,287$486,264,148
95$1,430,321,888$142,072,804$69,525,883$530,903,146
96$1,576,051,588$148,871,239$71,691,868$579,879,132
97$1,736,640,579$155,997,658$73,925,274$633,624,723
98$1,913,604,347$163,467,972$76,228,199$692,616,216
99$2,108,612,951$171,298,863$78,602,805$757,378,012
100$2,323,506,793$179,507,829$81,051,320$828,487,511