Can I retire at age 50 with 18,000,000?

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 $18,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,412,148
2 years$735,853$722,148$708,867$695,989$683,498$660,191
3 years$485,696$471,932$458,684$445,927$433,639$410,948
4 years$360,642$346,920$333,804$321,265$309,275$287,374
5 years$285,629$271,990$259,046$246,762$235,106$214,059
6 years$235,636$222,100$209,347$197,338$186,031$165,862
7 years$199,942$186,519$173,969$162,242$151,293$132,008
8 years$173,183$159,881$147,539$136,101$125,512$107,108
9 years$152,381$139,205$127,076$115,928$105,700$88,165
10 years$135,750$122,703$110,787$99,931$90,061$73,384
11 years$122,151$109,235$97,535$86,970$77,456$61,617
12 years$110,827$98,044$86,560$76,284$67,122$52,101
13 years$101,253$88,603$77,336$67,348$58,531$44,308
14 years$93,053$80,537$69,487$59,784$51,308$37,858
15 years$85,953$73,572$62,737$53,317$45,176$32,473
16 years$79,747$67,501$56,880$47,739$39,926$27,946
17 years$74,276$62,166$51,759$42,893$35,402$24,117
18 years$69,419$57,444$47,249$38,655$31,477$20,861
19 years$65,078$53,239$43,254$34,929$28,057$18,081
20 years$61,176$49,472$39,697$31,634$25,061$15,698
21 years$57,651$46,081$36,513$28,710$22,426$13,649
22 years$54,450$43,015$33,653$26,104$20,102$11,882
23 years$51,531$40,231$31,072$23,774$18,045$10,356
24 years$48,860$37,694$28,737$21,683$16,219$9,034
25 years$46,407$35,374$26,616$19,802$14,595$7,887
26 years$44,146$33,246$24,685$18,106$13,146$6,891
27 years$42,055$31,288$22,922$16,573$11,853$6,024
28 years$40,118$29,483$21,309$15,184$10,695$5,269
29 years$38,318$27,814$19,830$13,924$9,657$4,611
30 years$36,640$26,267$18,471$12,779$8,726$4,037
31 years$35,074$24,831$17,220$11,737$7,889$3,535
32 years$33,609$23,495$16,066$10,786$7,136$3,097
33 years$32,235$22,250$15,001$9,919$6,458$2,714
34 years$30,945$21,088$14,016$9,126$5,847$2,379
35 years$29,732$20,002$13,104$8,401$5,296$2,085
36 years$28,588$18,985$12,259$7,737$4,798$1,828
37 years$27,509$18,031$11,474$7,129$4,349$1,603
38 years$26,489$17,136$10,745$6,571$3,943$1,406
39 years$25,524$16,295$10,067$6,059$3,575$1,234
40 years$24,609$15,503$9,436$5,588$3,243$1,082
41 years$23,741$14,757$8,848$5,156$2,942$950
42 years$22,917$14,054$8,299$4,758$2,670$833
43 years$22,133$13,391$7,788$4,392$2,423$731
44 years$21,387$12,764$7,310$4,056$2,199$642
45 years$20,676$12,172$6,864$3,745$1,997$563
46 years$19,997$11,612$6,447$3,460$1,813$494
47 years$19,350$11,081$6,057$3,196$1,646$434
48 years$18,732$10,578$5,692$2,954$1,495$381
49 years$18,140$10,102$5,350$2,730$1,358$334
50 years$17,574$9,650$5,030$2,523$1,233$293

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,000,000, adding $4,045 every year, while hoping to spend $39,839 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: 75/7/18 Blend
49$18,000,000$18,000,000$18,000,000$18,000,000
50$19,840,172$18,886,172$18,607,172$21,245,848
51$21,821,482$19,769,206$19,188,124$23,060,318
52$24,003,549$20,694,174$19,787,203$25,043,278
53$26,406,810$21,663,088$20,404,973$27,215,763
54$29,053,783$22,678,057$21,042,018$29,596,647
55$31,969,282$23,741,295$21,698,939$32,206,714
56$35,180,650$24,855,120$22,376,355$35,068,847
57$38,718,019$26,021,963$23,074,905$38,208,249
58$42,614,591$27,244,373$23,795,248$41,652,671
59$46,906,954$28,525,022$24,538,064$45,432,675
60$51,635,427$29,866,712$25,304,052$49,581,922
61$56,844,439$31,272,379$26,093,937$54,137,483
62$62,582,949$32,745,104$26,908,461$59,140,187
63$68,904,910$34,288,113$27,748,394$64,635,004
64$75,869,773$35,904,793$28,614,528$70,671,470
65$83,543,054$37,598,692$29,507,679$77,304,144
66$91,996,948$39,373,531$30,428,689$84,593,127
67$101,311,013$41,233,211$31,378,426$92,604,621
68$111,572,920$43,181,822$32,357,787$101,411,552
69$122,879,279$45,223,652$33,367,695$111,094,257
70$135,336,554$47,363,199$34,409,100$121,741,235
71$149,062,063$49,605,177$35,482,986$133,449,978
72$164,185,092$51,954,528$36,590,364$146,327,893
73$180,848,108$54,416,437$37,732,278$160,493,305
74$199,208,110$56,996,338$38,909,805$176,076,571
75$219,438,108$59,699,929$40,124,054$193,221,310
76$241,728,755$62,533,185$41,376,170$212,085,748
77$266,290,149$65,502,372$42,667,332$232,844,212
78$293,353,814$68,614,058$43,998,757$255,688,764
79$323,174,888$71,875,132$45,371,701$280,831,016
80$356,034,529$75,292,817$46,787,456$308,504,117
81$392,242,572$78,874,686$48,247,357$338,964,949
82$432,140,450$82,628,681$49,752,778$372,496,545
83$476,104,419$86,563,129$51,305,140$409,410,758
84$524,549,111$90,686,763$52,905,903$450,051,194
85$577,931,445$95,008,740$54,556,576$494,796,450
86$636,754,945$99,538,661$56,258,713$544,063,683
87$701,574,488$104,286,594$58,013,919$598,312,537
88$773,001,547$109,263,098$59,823,846$658,049,477
89$851,709,959$114,479,244$61,690,199$723,832,561
90$938,442,290$119,946,642$63,614,737$796,276,698
91$1,034,016,844$125,677,468$65,599,270$876,059,448
92$1,139,335,385$131,684,487$67,645,669$963,927,406
93$1,255,391,655$137,981,088$69,755,860$1,060,703,241
94$1,383,280,753$144,581,310$71,931,830$1,167,293,453
95$1,524,209,472$151,499,876$74,175,628$1,284,696,919
96$1,679,507,694$158,752,226$76,489,368$1,414,014,314
97$1,850,640,943$166,354,550$78,875,226$1,556,458,488
98$2,039,224,223$174,323,826$81,335,450$1,713,365,906
99$2,247,037,262$182,677,862$83,872,355$1,886,209,253
100$2,476,041,314$191,435,328$86,488,330$2,076,611,321