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

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,400,358
2 years$744,029$730,172$716,743$703,722$691,092$640,310
3 years$491,092$477,176$463,780$450,882$438,457$389,424
4 years$364,649$350,775$337,513$324,835$312,711$265,802
5 years$288,802$275,012$261,924$249,504$237,718$193,057
6 years$238,255$224,568$211,674$199,531$188,098$145,718
7 years$202,163$188,592$175,902$164,045$152,974$112,867
8 years$175,107$161,658$149,179$137,613$126,907$89,040
9 years$154,074$140,752$128,487$117,216$106,874$71,199
10 years$137,258$124,066$112,018$101,041$91,062$57,519
11 years$123,508$110,449$98,619$87,936$78,316$46,836
12 years$112,059$99,133$87,522$77,132$67,867$38,376
13 years$102,378$89,587$78,195$68,096$59,182$31,601
14 years$94,087$81,432$70,259$60,448$51,878$26,126
15 years$86,908$74,390$63,434$53,909$45,678$21,669
16 years$80,633$68,251$57,512$48,270$40,370$18,021
17 years$75,102$62,857$52,334$43,370$35,795$15,019
18 years$70,190$58,083$47,774$39,085$31,827$12,540
19 years$65,801$53,830$43,735$35,317$28,368$10,485
20 years$61,856$50,022$40,138$31,986$25,339$8,778
21 years$58,291$46,593$36,919$29,029$22,676$7,356
22 years$55,055$43,493$34,027$26,394$20,325$6,170
23 years$52,104$40,678$31,417$24,038$18,245$5,179
24 years$49,403$38,113$29,056$21,924$16,399$4,349
25 years$46,922$35,767$26,912$20,022$14,757$3,655
26 years$44,636$33,615$24,959$18,307$13,292$3,072
27 years$42,523$31,636$23,177$16,757$11,984$2,583
28 years$40,564$29,810$21,546$15,353$10,814$2,173
29 years$38,743$28,123$20,050$14,079$9,764$1,828
30 years$37,047$26,559$18,676$12,921$8,823$1,539
31 years$35,464$25,107$17,411$11,867$7,977$1,295
32 years$33,982$23,756$16,245$10,906$7,215$1,090
33 years$32,594$22,498$15,168$10,029$6,530$918
34 years$31,289$21,323$14,172$9,228$5,912$773
35 years$30,062$20,224$13,250$8,494$5,355$651
36 years$28,906$19,196$12,395$7,823$4,852$548
37 years$27,815$18,231$11,601$7,208$4,397$461
38 years$26,783$17,326$10,864$6,644$3,987$389
39 years$25,807$16,476$10,179$6,126$3,615$327
40 years$24,882$15,675$9,540$5,650$3,279$276
41 years$24,005$14,921$8,946$5,213$2,975$232
42 years$23,171$14,211$8,392$4,811$2,699$196
43 years$22,379$13,540$7,874$4,441$2,450$165
44 years$21,624$12,906$7,391$4,101$2,224$139
45 years$20,905$12,307$6,940$3,787$2,019$117
46 years$20,220$11,741$6,518$3,498$1,833$99
47 years$19,565$11,204$6,124$3,232$1,664$83
48 years$18,940$10,696$5,755$2,986$1,511$70
49 years$18,342$10,214$5,409$2,760$1,373$59
50 years$17,770$9,757$5,085$2,551$1,247$50

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 $5,264 every year, while hoping to spend $37,586 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: 46/30/24 Blend
49$18,200,000$18,200,000$18,200,000$18,200,000
50$20,061,830$19,097,230$18,815,130$20,846,168
51$22,068,145$19,993,003$19,405,445$22,294,695
52$24,277,845$20,931,409$20,014,277$23,861,254
53$26,711,635$21,914,498$20,642,205$25,560,211
54$29,392,331$22,944,417$21,289,828$27,403,955
55$32,345,076$24,023,421$21,957,764$29,406,094
56$35,597,574$25,153,869$22,646,650$31,581,573
57$39,180,356$26,338,238$23,357,142$33,946,811
58$43,127,065$27,579,124$24,089,919$36,519,847
59$47,474,772$28,879,248$24,845,678$39,320,503
60$52,264,332$30,241,464$25,625,141$42,370,567
61$57,540,761$31,668,763$26,429,051$45,693,983
62$63,353,668$33,164,282$27,258,173$49,317,077
63$69,757,720$34,731,310$28,113,300$53,268,791
64$76,813,157$36,373,294$28,995,245$57,580,951
65$84,586,364$38,093,850$29,904,851$62,288,554
66$93,150,493$39,896,768$30,842,983$67,430,091
67$102,586,158$41,786,024$31,810,537$73,047,898
68$112,982,191$43,765,784$32,808,435$79,188,548
69$124,436,485$45,840,418$33,837,628$85,903,276
70$137,056,915$48,014,508$34,899,098$93,248,451
71$150,962,359$50,292,857$35,993,856$101,286,097
72$166,283,816$52,680,503$37,122,946$110,084,465
73$183,165,645$55,182,728$38,287,445$119,718,662
74$201,766,928$57,805,069$39,488,462$130,271,349
75$222,262,971$60,553,334$40,727,142$141,833,504
76$244,846,959$63,433,612$42,004,666$154,505,264
77$269,731,779$66,452,289$43,322,252$168,396,859
78$297,152,028$69,616,059$44,681,155$183,629,630
79$327,366,233$72,931,943$46,082,672$200,337,158
80$360,659,284$76,407,304$47,528,137$218,666,510
81$397,345,130$80,049,861$49,018,929$238,779,604
82$437,769,739$83,867,710$50,556,468$260,854,717
83$482,314,362$87,869,338$52,142,220$285,088,149
84$531,399,139$92,063,647$53,777,696$311,696,053
85$585,487,057$96,459,972$55,464,455$340,916,452
86$645,088,327$101,068,101$57,204,104$373,011,461
87$710,765,197$105,898,298$58,998,302$408,269,735
88$783,137,260$110,961,328$60,848,758$447,009,172
89$862,887,305$116,268,477$62,757,236$489,579,880
90$950,767,761$121,831,583$64,725,554$536,367,457
91$1,047,607,800$127,663,059$66,755,588$587,796,599
92$1,154,321,169$133,775,921$68,849,273$644,335,078
93$1,271,914,808$140,183,821$71,008,603$706,498,125
94$1,401,498,364$146,901,074$73,235,637$774,853,257
95$1,544,294,662$153,942,691$75,532,496$850,025,600
96$1,701,651,252$161,324,418$77,901,369$932,703,750
97$1,875,053,128$169,062,762$80,344,513$1,023,646,238
98$2,066,136,749$177,175,040$82,864,256$1,123,688,643
99$2,276,705,487$185,679,407$85,462,999$1,233,751,442
100$2,508,746,655$194,594,906$88,143,217$1,354,848,648