Can I retire at age 50 with 18,500,000?

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 $18,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,430,285
2 years$756,293$742,208$728,557$715,322$702,484$657,602
3 years$499,187$485,041$471,425$458,314$445,685$402,260
4 years$370,659$356,557$343,077$330,189$317,866$276,231
5 years$293,563$279,545$266,242$253,617$241,637$201,904
6 years$242,182$228,269$215,163$202,820$191,199$153,403
7 years$205,496$191,700$178,801$166,749$155,496$119,636
8 years$177,994$164,322$151,638$139,882$128,999$95,051
9 years$156,614$143,072$130,605$119,148$108,636$76,564
10 years$139,521$126,111$113,865$102,707$92,563$62,322
11 years$125,544$112,269$100,245$89,386$79,607$51,143
12 years$113,906$100,767$88,965$78,403$68,986$42,241
13 years$104,065$91,064$79,484$69,218$60,157$35,068
14 years$95,638$82,775$71,417$61,444$52,733$29,235
15 years$88,341$75,616$64,480$54,798$46,431$24,456
16 years$81,962$69,376$58,460$49,065$41,036$20,515
17 years$76,340$63,893$53,197$44,085$36,385$17,249
18 years$71,347$59,040$48,562$39,729$32,352$14,531
19 years$66,886$54,718$44,456$35,899$28,836$12,261
20 years$62,876$50,846$40,799$32,513$25,757$10,359
21 years$59,252$47,361$37,528$29,508$23,049$8,762
22 years$55,962$44,210$34,587$26,829$20,660$7,418
23 years$52,963$41,349$31,935$24,434$18,546$6,286
24 years$50,218$38,741$29,535$22,285$16,670$5,330
25 years$47,696$36,357$27,355$20,352$15,000$4,522
26 years$45,372$34,169$25,371$18,609$13,512$3,838
27 years$43,224$32,157$23,559$17,033$12,182$3,259
28 years$41,232$30,302$21,901$15,606$10,992$2,768
29 years$39,382$28,586$20,381$14,311$9,925$2,352
30 years$37,658$26,997$18,984$13,134$8,968$1,999
31 years$36,048$25,521$17,698$12,063$8,108$1,699
32 years$34,543$24,148$16,513$11,086$7,334$1,445
33 years$33,131$22,868$15,418$10,194$6,638$1,228
34 years$31,805$21,674$14,406$9,380$6,010$1,045
35 years$30,558$20,557$13,468$8,635$5,443$889
36 years$29,382$19,512$12,599$7,952$4,932$756
37 years$28,273$18,532$11,793$7,327$4,470$643
38 years$27,225$17,612$11,043$6,753$4,052$547
39 years$26,233$16,747$10,346$6,227$3,675$465
40 years$25,292$15,934$9,698$5,743$3,333$396
41 years$24,400$15,167$9,093$5,299$3,024$337
42 years$23,553$14,445$8,530$4,890$2,744$287
43 years$22,748$13,763$8,004$4,514$2,490$244
44 years$21,981$13,119$7,513$4,168$2,260$208
45 years$21,250$12,510$7,055$3,850$2,052$177
46 years$20,553$11,934$6,626$3,556$1,863$150
47 years$19,888$11,389$6,225$3,285$1,692$128
48 years$19,252$10,872$5,850$3,036$1,536$109
49 years$18,644$10,382$5,498$2,805$1,395$93
50 years$18,062$9,918$5,169$2,593$1,267$79

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,500,000, adding $6,740 every year, while hoping to spend $42,207 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: 60/20/20 Blend
49$18,500,000$18,500,000$18,500,000$18,500,000
50$20,393,952$19,413,452$19,126,702$21,510,373
51$22,429,228$20,319,804$19,722,539$23,173,438
52$24,670,686$21,269,151$20,336,921$24,981,767
53$27,139,315$22,263,558$20,970,427$26,953,709
54$29,858,238$23,305,186$21,623,649$29,105,133
55$32,852,939$24,396,300$22,297,202$31,453,489
56$36,151,498$25,539,278$22,991,718$34,017,974
57$39,784,858$26,736,610$23,707,847$36,819,704
58$43,787,117$27,990,908$24,446,264$39,881,912
59$48,195,848$29,304,908$25,207,659$43,230,160
60$53,052,458$30,681,481$25,992,749$46,892,574
61$58,402,571$32,123,637$26,802,269$50,900,106
62$64,296,467$33,634,529$27,636,979$55,286,820
63$70,789,551$35,217,465$28,497,661$60,090,205
64$77,942,877$36,875,912$29,385,125$65,351,524
65$85,823,725$38,613,507$30,300,201$71,116,199
66$94,506,236$40,434,059$31,243,749$77,434,228
67$104,072,111$42,341,567$32,216,653$84,360,654
68$114,611,381$44,340,218$33,219,825$91,956,072
69$126,223,260$46,434,407$34,254,208$100,287,201
70$139,017,078$48,628,739$35,320,770$109,427,495
71$153,113,316$50,928,043$36,420,511$119,457,836
72$168,644,740$53,337,383$37,554,464$130,467,285
73$185,757,656$55,862,067$38,723,691$142,553,914
74$204,613,290$58,507,662$39,929,288$155,825,720
75$225,389,313$61,280,004$41,172,386$170,401,636
76$248,281,511$64,185,213$42,454,150$186,412,643
77$273,505,643$67,229,706$43,775,781$204,002,993
78$301,299,468$70,420,211$45,138,519$223,331,562
79$331,924,994$73,763,782$46,543,640$244,573,333
80$365,670,953$77,267,817$47,992,462$267,921,042
81$402,855,523$80,940,072$49,486,342$293,586,973
82$443,829,332$84,788,681$51,026,680$321,804,961
83$488,978,770$88,822,173$52,614,920$352,832,572
84$538,729,634$93,049,489$54,252,549$386,953,529
85$593,551,149$97,480,006$55,941,102$424,480,367
86$653,960,399$102,123,559$57,682,162$465,757,373
87$720,527,203$106,990,457$59,477,358$511,163,812
88$793,879,501$112,091,513$61,328,373$561,117,493
89$874,709,278$117,438,064$63,236,940$616,078,695
90$963,779,094$123,041,999$65,204,848$676,554,486
91$1,061,929,290$128,915,786$67,233,938$743,103,498
92$1,170,085,915$135,072,496$69,326,113$816,341,169
93$1,289,269,470$141,525,841$71,483,329$896,945,536
94$1,420,604,544$148,290,195$73,707,609$985,663,611
95$1,565,330,428$155,380,635$76,001,034$1,083,318,408
96$1,724,812,814$162,812,969$78,365,752$1,190,816,683
97$1,900,556,693$170,603,776$80,803,976$1,309,157,472
98$2,094,220,556$178,770,441$83,317,989$1,439,441,488
99$2,307,632,056$187,331,196$85,910,145$1,582,881,489
100$2,542,805,260$196,305,160$88,582,870$1,740,813,689