Can I retire at age 50 with 18,200,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,408,222
2 years$744,029$730,172$716,743$703,722$691,092$648,054
3 years$491,092$477,176$463,780$450,882$438,457$396,802
4 years$364,649$350,775$337,513$324,835$312,711$272,758
5 years$288,802$275,012$261,924$249,504$237,718$199,576
6 years$238,255$224,568$211,674$199,531$188,098$151,801
7 years$202,163$188,592$175,902$164,045$152,974$118,521
8 years$175,107$161,658$149,179$137,613$126,907$94,276
9 years$154,074$140,752$128,487$117,216$106,874$76,032
10 years$137,258$124,066$112,018$101,041$91,062$61,967
11 years$123,508$110,449$98,619$87,936$78,316$50,917
12 years$112,059$99,133$87,522$77,132$67,867$42,110
13 years$102,378$89,587$78,195$68,096$59,182$35,007
14 years$94,087$81,432$70,259$60,448$51,878$29,224
15 years$86,908$74,390$63,434$53,909$45,678$24,481
16 years$80,633$68,251$57,512$48,270$40,370$20,566
17 years$75,102$62,857$52,334$43,370$35,795$17,317
18 years$70,190$58,083$47,774$39,085$31,827$14,610
19 years$65,801$53,830$43,735$35,317$28,368$12,346
20 years$61,856$50,022$40,138$31,986$25,339$10,447
21 years$58,291$46,593$36,919$29,029$22,676$8,850
22 years$55,055$43,493$34,027$26,394$20,325$7,505
23 years$52,104$40,678$31,417$24,038$18,245$6,369
24 years$49,403$38,113$29,056$21,924$16,399$5,409
25 years$46,922$35,767$26,912$20,022$14,757$4,596
26 years$44,636$33,615$24,959$18,307$13,292$3,907
27 years$42,523$31,636$23,177$16,757$11,984$3,323
28 years$40,564$29,810$21,546$15,353$10,814$2,827
29 years$38,743$28,123$20,050$14,079$9,764$2,406
30 years$37,047$26,559$18,676$12,921$8,823$2,048
31 years$35,464$25,107$17,411$11,867$7,977$1,744
32 years$33,982$23,756$16,245$10,906$7,215$1,485
33 years$32,594$22,498$15,168$10,029$6,530$1,265
34 years$31,289$21,323$14,172$9,228$5,912$1,078
35 years$30,062$20,224$13,250$8,494$5,355$918
36 years$28,906$19,196$12,395$7,823$4,852$782
37 years$27,815$18,231$11,601$7,208$4,397$667
38 years$26,783$17,326$10,864$6,644$3,987$568
39 years$25,807$16,476$10,179$6,126$3,615$484
40 years$24,882$15,675$9,540$5,650$3,279$413
41 years$24,005$14,921$8,946$5,213$2,975$352
42 years$23,171$14,211$8,392$4,811$2,699$300
43 years$22,379$13,540$7,874$4,441$2,450$255
44 years$21,624$12,906$7,391$4,101$2,224$218
45 years$20,905$12,307$6,940$3,787$2,019$186
46 years$20,220$11,741$6,518$3,498$1,833$158
47 years$19,565$11,204$6,124$3,232$1,664$135
48 years$18,940$10,696$5,755$2,986$1,511$115
49 years$18,342$10,214$5,409$2,760$1,373$98
50 years$17,770$9,757$5,085$2,551$1,247$84

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,200,000, adding $2,775 every year, while hoping to spend $49,228 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$18,200,000$18,200,000$18,200,000$18,200,000
50$20,059,262$19,094,662$18,812,562$21,480,556
51$22,052,929$19,977,923$19,390,405$23,305,424
52$24,248,300$20,902,813$19,985,955$25,298,745
53$26,665,896$21,871,321$20,599,755$27,482,337
54$29,328,332$22,885,530$21,232,361$29,875,149
55$32,260,526$23,947,624$21,884,349$32,498,041
56$35,489,935$25,059,894$22,556,311$35,373,988
57$39,046,818$26,224,738$23,248,856$38,528,285
58$42,964,515$27,444,672$23,962,615$41,988,793
59$47,279,767$28,722,333$24,698,234$45,786,191
60$52,033,061$30,060,484$25,456,382$49,954,269
61$57,269,009$31,462,024$26,237,747$54,530,240
62$63,036,775$32,929,990$27,043,038$59,555,093
63$69,390,531$34,467,565$27,872,986$65,073,971
64$76,389,977$36,078,087$28,728,343$71,136,602
65$84,100,898$37,765,056$29,609,885$77,797,757
66$92,595,785$39,532,140$30,518,411$85,117,770
67$101,954,523$41,383,183$31,454,746$93,163,102
68$112,265,143$43,322,217$32,419,739$102,006,963
69$123,624,650$45,353,469$33,414,263$111,730,002
70$136,139,944$47,481,368$34,439,220$122,421,065
71$149,928,824$49,710,560$35,495,539$134,178,026
72$165,121,101$52,045,915$36,584,177$147,108,712
73$181,859,826$54,492,538$37,706,120$161,331,911
74$200,302,637$57,055,781$38,862,384$176,978,493
75$220,623,247$59,741,256$40,054,015$194,192,641
76$243,013,087$62,554,845$41,282,093$213,133,203
77$267,683,108$65,502,719$42,547,729$233,975,191
78$294,865,775$68,591,342$43,852,068$256,911,427
79$324,817,262$71,827,497$45,196,291$282,154,356
80$357,819,870$75,218,291$46,581,613$309,938,047
81$394,184,688$78,771,178$48,009,288$340,520,396
82$434,254,533$82,493,973$49,480,607$374,185,557
83$478,407,188$86,394,870$50,996,900$411,246,616
84$527,058,962$90,482,459$52,559,537$452,048,539
85$580,668,626$94,765,750$54,169,931$496,971,425
86$639,741,739$99,254,185$55,829,537$546,434,082
87$704,835,425$103,957,668$57,539,855$600,897,981
88$776,563,628$108,886,583$59,302,429$660,871,595
89$855,602,909$114,051,817$61,118,852$726,915,200
90$942,698,836$119,464,786$62,990,763$799,646,151
91$1,038,673,016$125,137,460$64,919,853$879,744,699
92$1,144,430,858$131,082,390$66,907,863$967,960,412
93$1,260,970,116$137,312,738$68,956,587$1,065,119,233
94$1,389,390,309$143,842,303$71,067,873$1,172,131,272
95$1,530,903,100$150,685,555$73,243,627$1,289,999,388
96$1,686,843,738$157,857,669$75,485,810$1,419,828,642
97$1,858,683,659$165,374,555$77,796,444$1,562,836,722
98$2,048,044,381$173,252,896$80,177,614$1,720,365,424
99$2,256,712,808$181,510,189$82,631,465$1,893,893,312
100$2,486,658,104$190,164,778$85,160,208$2,085,049,656