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

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 $18,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,453,171
2 years$756,293$742,208$728,557$715,322$702,484$680,323
3 years$499,187$485,041$471,425$458,314$445,685$424,098
4 years$370,659$356,557$343,077$330,189$317,866$297,020
5 years$293,563$279,545$266,242$253,617$241,637$221,592
6 years$242,182$228,269$215,163$202,820$191,199$171,978
7 years$205,496$191,700$178,801$166,749$155,496$137,106
8 years$177,994$164,322$151,638$139,882$128,999$111,436
9 years$156,614$143,072$130,605$119,148$108,636$91,892
10 years$139,521$126,111$113,865$102,707$92,563$76,626
11 years$125,544$112,269$100,245$89,386$79,607$64,460
12 years$113,906$100,767$88,965$78,403$68,986$54,611
13 years$104,065$91,064$79,484$69,218$60,157$46,533
14 years$95,638$82,775$71,417$61,444$52,733$39,839
15 years$88,341$75,616$64,480$54,798$46,431$34,244
16 years$81,962$69,376$58,460$49,065$41,036$29,531
17 years$76,340$63,893$53,197$44,085$36,385$25,539
18 years$71,347$59,040$48,562$39,729$32,352$22,139
19 years$66,886$54,718$44,456$35,899$28,836$19,231
20 years$62,876$50,846$40,799$32,513$25,757$16,733
21 years$59,252$47,361$37,528$29,508$23,049$14,582
22 years$55,962$44,210$34,587$26,829$20,660$12,724
23 years$52,963$41,349$31,935$24,434$18,546$11,115
24 years$50,218$38,741$29,535$22,285$16,670$9,719
25 years$47,696$36,357$27,355$20,352$15,000$8,505
26 years$45,372$34,169$25,371$18,609$13,512$7,449
27 years$43,224$32,157$23,559$17,033$12,182$6,528
28 years$41,232$30,302$21,901$15,606$10,992$5,723
29 years$39,382$28,586$20,381$14,311$9,925$5,021
30 years$37,658$26,997$18,984$13,134$8,968$4,406
31 years$36,048$25,521$17,698$12,063$8,108$3,869
32 years$34,543$24,148$16,513$11,086$7,334$3,397
33 years$33,131$22,868$15,418$10,194$6,638$2,985
34 years$31,805$21,674$14,406$9,380$6,010$2,623
35 years$30,558$20,557$13,468$8,635$5,443$2,305
36 years$29,382$19,512$12,599$7,952$4,932$2,026
37 years$28,273$18,532$11,793$7,327$4,470$1,781
38 years$27,225$17,612$11,043$6,753$4,052$1,566
39 years$26,233$16,747$10,346$6,227$3,675$1,378
40 years$25,292$15,934$9,698$5,743$3,333$1,212
41 years$24,400$15,167$9,093$5,299$3,024$1,066
42 years$23,553$14,445$8,530$4,890$2,744$938
43 years$22,748$13,763$8,004$4,514$2,490$825
44 years$21,981$13,119$7,513$4,168$2,260$726
45 years$21,250$12,510$7,055$3,850$2,052$639
46 years$20,553$11,934$6,626$3,556$1,863$562
47 years$19,888$11,389$6,225$3,285$1,692$494
48 years$19,252$10,872$5,850$3,036$1,536$435
49 years$18,644$10,382$5,498$2,805$1,395$383
50 years$18,062$9,918$5,169$2,593$1,267$337

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 $3,289 every year, while hoping to spend $42,997 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: 25/46/29 Blend
49$18,500,000$18,500,000$18,500,000$18,500,000
50$20,390,393$19,409,893$19,123,143$20,714,899
51$22,424,464$20,315,229$19,718,019$21,893,279
52$24,664,570$21,263,486$20,331,384$23,151,917
53$27,131,680$22,256,720$20,963,809$24,500,515
54$29,848,902$23,297,090$21,615,887$25,946,656
55$32,841,699$24,386,857$22,288,228$27,498,630
56$36,138,130$25,528,390$22,981,462$29,165,499
57$39,769,114$26,724,176$23,696,236$30,957,175
58$43,768,723$27,976,820$24,433,219$32,884,503
59$48,174,501$29,289,053$25,193,100$34,959,351
60$53,027,822$30,663,738$25,976,590$37,194,712
61$58,374,277$32,103,878$26,784,423$39,604,815
62$64,264,105$33,612,620$27,617,353$42,205,245
63$70,752,668$35,193,262$28,476,158$45,013,082
64$77,900,974$36,849,266$29,361,643$48,047,042
65$85,776,250$38,584,257$30,274,636$51,327,646
66$94,452,580$40,402,038$31,215,988$54,877,392
67$104,011,601$42,306,596$32,186,582$58,720,962
68$114,543,275$44,302,110$33,187,323$62,885,427
69$126,146,738$46,392,962$34,219,147$67,400,496
70$138,931,236$48,583,748$35,283,020$72,298,771
71$153,017,155$50,879,285$36,379,934$77,616,041
72$168,537,158$53,284,623$37,510,915$83,391,601
73$185,637,438$55,805,059$38,677,020$89,668,598
74$204,479,095$58,446,145$39,879,338$96,494,421
75$225,239,660$61,213,704$41,118,993$103,921,128
76$248,114,769$64,113,839$42,397,144$112,005,908
77$273,320,010$67,152,952$43,714,983$120,811,602
78$301,092,958$70,337,753$45,073,742$130,407,270
79$331,695,417$73,675,281$46,474,690$140,868,816
80$365,415,894$77,172,913$47,919,135$152,279,675
81$402,572,316$80,838,387$49,408,428$164,731,575
82$443,515,039$84,679,816$50,943,957$178,325,370
83$488,630,152$88,705,705$52,527,158$193,171,963
84$538,343,117$92,924,975$54,159,508$209,393,316
85$593,122,795$97,346,978$55,842,532$227,123,570
86$653,485,864$101,981,524$57,577,800$246,510,274
87$720,001,699$106,838,895$59,366,933$267,715,739
88$793,297,748$111,929,876$61,211,600$290,918,531
89$874,065,453$117,265,776$63,113,524$316,315,116
90$963,066,782$122,858,451$65,074,480$344,121,670
91$1,061,141,416$128,720,338$67,096,297$374,576,074
92$1,169,214,680$134,864,474$69,180,863$407,940,113
93$1,288,306,277$141,304,533$71,330,121$444,501,896
94$1,419,539,916$148,054,853$73,546,079$484,578,525
95$1,564,153,917$155,130,471$75,830,803$528,519,033
96$1,723,512,906$162,547,153$78,186,424$576,707,621
97$1,899,120,693$170,321,435$80,615,140$629,567,227
98$2,092,634,473$178,470,654$83,119,216$687,563,453
99$2,305,880,468$187,012,995$85,700,989$751,208,899
100$2,540,871,168$195,967,525$88,362,864$821,067,929