Can I retire at age 50 with 18,400,000?

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,455,556
2 years$752,205$738,196$724,619$711,455$698,687$686,907
3 years$496,489$482,419$468,877$455,836$443,275$431,767
4 years$368,656$354,629$341,222$328,404$316,148$304,999
5 years$291,976$278,034$264,802$252,246$240,331$229,574
6 years$240,873$227,035$214,000$201,723$190,165$179,815
7 years$204,385$190,664$177,835$165,848$154,655$144,716
8 years$177,031$163,434$150,818$139,126$128,302$118,773
9 years$155,768$142,299$129,899$118,504$108,048$98,928
10 years$138,767$125,430$113,249$102,152$92,063$83,346
11 years$124,866$111,663$99,703$88,903$79,177$70,856
12 years$113,290$100,222$88,484$77,980$68,613$60,681
13 years$103,503$90,572$79,054$68,844$59,832$52,280
14 years$95,121$82,327$71,031$61,112$52,448$45,268
15 years$87,863$75,207$64,131$54,501$46,180$39,360
16 years$81,519$69,001$58,144$48,800$40,814$34,344
17 years$75,927$63,548$52,909$43,846$36,188$30,058
18 years$70,962$58,721$48,299$39,514$32,177$26,375
19 years$66,524$54,422$44,216$35,705$28,680$23,194
20 years$62,536$50,571$40,579$32,337$25,617$20,437
21 years$58,932$47,105$37,325$29,348$22,925$18,037
22 years$55,660$43,971$34,400$26,684$20,549$15,942
23 years$52,677$41,125$31,763$24,302$18,446$14,109
24 years$49,946$38,532$29,375$22,165$16,580$12,500
25 years$47,438$36,160$27,207$20,242$14,919$11,086
26 years$45,127$33,985$25,233$18,508$13,439$9,840
27 years$42,990$31,984$23,431$16,941$12,116$8,741
28 years$41,010$30,138$21,783$15,522$10,932$7,769
29 years$39,169$28,432$20,270$14,234$9,872$6,910
30 years$37,454$26,851$18,881$13,063$8,920$6,149
31 years$35,854$25,383$17,602$11,997$8,064$5,475
32 years$34,356$24,017$16,423$11,026$7,295$4,876
33 years$32,952$22,745$15,335$10,139$6,602$4,345
34 years$31,633$21,557$14,328$9,329$5,977$3,872
35 years$30,392$20,446$13,395$8,588$5,414$3,452
36 years$29,223$19,407$12,531$7,909$4,905$3,079
37 years$28,120$18,432$11,729$7,287$4,446$2,746
38 years$27,078$17,517$10,984$6,717$4,030$2,450
39 years$26,091$16,657$10,290$6,193$3,655$2,186
40 years$25,156$15,848$9,645$5,712$3,315$1,951
41 years$24,269$15,085$9,044$5,270$3,008$1,741
42 years$23,426$14,367$8,484$4,864$2,729$1,555
43 years$22,625$13,689$7,961$4,490$2,477$1,388
44 years$21,862$13,048$7,473$4,146$2,248$1,239
45 years$21,135$12,443$7,017$3,829$2,041$1,107
46 years$20,442$11,870$6,590$3,537$1,853$988
47 years$19,780$11,327$6,191$3,267$1,683$883
48 years$19,148$10,813$5,818$3,019$1,528$788
49 years$18,543$10,326$5,469$2,790$1,388$704
50 years$17,965$9,864$5,141$2,579$1,261$629

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,400,000, adding $6,455 every year, while hoping to spend $44,665 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: 25/48/27 Blend
49$18,400,000$18,400,000$18,400,000$18,400,000
50$20,283,458$19,308,258$19,023,058$20,618,090
51$22,304,848$20,206,840$19,612,808$21,795,149
52$24,530,922$21,147,955$20,220,816$23,052,051
53$26,982,512$22,133,640$20,847,649$24,398,781
54$29,682,571$23,166,031$21,493,889$25,842,899
55$32,656,393$24,247,367$22,160,134$27,392,669
56$35,931,851$25,379,993$22,847,004$29,057,123
57$39,539,656$26,566,370$23,555,135$30,846,140
58$43,513,655$27,809,076$24,285,186$32,770,526
59$47,891,142$29,110,815$25,037,834$34,842,106
60$52,713,214$30,474,420$25,813,777$37,073,824
61$58,025,159$31,902,863$26,613,735$39,479,854
62$63,876,880$33,399,259$27,438,451$42,075,719
63$70,323,372$34,966,872$28,288,688$44,878,429
64$77,425,233$36,609,127$29,165,237$47,906,623
65$85,249,244$38,329,611$30,068,910$51,180,731
66$93,868,994$40,132,089$31,000,545$54,723,158
67$103,365,574$42,020,504$31,961,006$58,558,471
68$113,828,346$43,998,992$32,951,183$62,713,620
69$125,355,785$46,071,891$33,971,996$67,218,175
70$138,056,407$48,243,745$35,024,389$72,104,585
71$152,049,793$50,519,321$36,109,339$77,408,468
72$167,467,721$52,903,617$37,227,851$83,168,925
73$184,455,407$55,401,873$38,380,962$89,428,891
74$203,172,875$58,019,581$39,569,741$96,235,516
75$223,796,470$60,762,502$40,795,289$103,640,592
76$246,520,520$63,636,675$42,058,741$111,701,015
77$271,559,173$66,648,431$43,361,269$120,479,296
78$299,148,415$69,804,411$44,704,078$130,044,130
79$329,548,302$73,111,576$46,088,413$140,471,015
80$363,045,410$76,577,224$47,515,556$151,842,936
81$399,955,543$80,209,009$48,986,828$164,251,119
82$440,626,713$84,014,956$50,503,592$177,795,862
83$485,442,428$88,003,479$52,067,253$192,587,452
84$534,825,308$92,183,401$53,679,257$208,747,166
85$589,241,075$96,563,974$55,341,098$226,408,386
86$649,202,953$101,154,897$57,054,314$245,717,819
87$715,276,511$105,966,344$58,820,490$266,836,843
88$788,084,999$111,008,979$60,641,260$289,942,992
89$868,315,237$116,293,987$62,518,311$315,231,585
90$956,724,095$121,833,096$64,453,378$342,917,531
91$1,054,145,638$127,638,603$66,448,252$373,237,306
92$1,161,499,003$133,723,405$68,504,778$406,451,142
93$1,279,797,073$140,101,023$70,624,859$442,845,426
94$1,410,156,038$146,785,637$72,810,456$482,735,357
95$1,553,805,937$153,792,116$75,063,589$526,467,862
96$1,712,102,266$161,136,054$77,386,343$574,424,814
97$1,886,538,777$168,833,800$79,780,866$627,026,572
98$2,078,761,578$176,902,501$82,249,370$684,735,892
99$2,290,584,673$185,360,138$84,794,138$748,062,222
100$2,524,007,090$194,225,566$87,417,522$817,566,445