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%11.3%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,467,149
2 years$756,293$742,208$728,557$715,322$702,484$694,344
3 years$499,187$485,041$471,425$458,314$445,685$437,724
4 years$370,659$356,557$343,077$330,189$317,866$310,145
5 years$293,563$279,545$266,242$253,617$241,637$234,179
6 years$242,182$228,269$215,163$202,820$191,199$184,014
7 years$205,496$191,700$178,801$166,749$155,496$148,588
8 years$177,994$164,322$151,638$139,882$128,999$122,367
9 years$156,614$143,072$130,605$119,148$108,636$102,279
10 years$139,521$126,111$113,865$102,707$92,563$86,478
11 years$125,544$112,269$100,245$89,386$79,607$73,791
12 years$113,906$100,767$88,965$78,403$68,986$63,432
13 years$104,065$91,064$79,484$69,218$60,157$54,861
14 years$95,638$82,775$71,417$61,444$52,733$47,689
15 years$88,341$75,616$64,480$54,798$46,431$41,631
16 years$81,962$69,376$58,460$49,065$41,036$36,475
17 years$76,340$63,893$53,197$44,085$36,385$32,056
18 years$71,347$59,040$48,562$39,729$32,352$28,247
19 years$66,886$54,718$44,456$35,899$28,836$24,947
20 years$62,876$50,846$40,799$32,513$25,757$22,077
21 years$59,252$47,361$37,528$29,508$23,049$19,571
22 years$55,962$44,210$34,587$26,829$20,660$17,376
23 years$52,963$41,349$31,935$24,434$18,546$15,447
24 years$50,218$38,741$29,535$22,285$16,670$13,749
25 years$47,696$36,357$27,355$20,352$15,000$12,250
26 years$45,372$34,169$25,371$18,609$13,512$10,924
27 years$43,224$32,157$23,559$17,033$12,182$9,750
28 years$41,232$30,302$21,901$15,606$10,992$8,708
29 years$39,382$28,586$20,381$14,311$9,925$7,782
30 years$37,658$26,997$18,984$13,134$8,968$6,959
31 years$36,048$25,521$17,698$12,063$8,108$6,226
32 years$34,543$24,148$16,513$11,086$7,334$5,573
33 years$33,131$22,868$15,418$10,194$6,638$4,990
34 years$31,805$21,674$14,406$9,380$6,010$4,470
35 years$30,558$20,557$13,468$8,635$5,443$4,005
36 years$29,382$19,512$12,599$7,952$4,932$3,589
37 years$28,273$18,532$11,793$7,327$4,470$3,218
38 years$27,225$17,612$11,043$6,753$4,052$2,886
39 years$26,233$16,747$10,346$6,227$3,675$2,588
40 years$25,292$15,934$9,698$5,743$3,333$2,322
41 years$24,400$15,167$9,093$5,299$3,024$2,083
42 years$23,553$14,445$8,530$4,890$2,744$1,869
43 years$22,748$13,763$8,004$4,514$2,490$1,677
44 years$21,981$13,119$7,513$4,168$2,260$1,506
45 years$21,250$12,510$7,055$3,850$2,052$1,351
46 years$20,553$11,934$6,626$3,556$1,863$1,213
47 years$19,888$11,389$6,225$3,285$1,692$1,089
48 years$19,252$10,872$5,850$3,036$1,536$978
49 years$18,644$10,382$5,498$2,805$1,395$878
50 years$18,062$9,918$5,169$2,593$1,267$789

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 $6,055 every year, while hoping to spend $59,784 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: 37/45/18 Blend
49$18,500,000$18,500,000$18,500,000$18,500,000
50$20,393,246$19,412,746$19,125,996$21,036,527
51$22,409,747$20,300,361$19,703,107$22,389,691
52$24,629,928$21,229,465$20,297,548$23,844,247
53$27,074,500$22,202,028$20,909,835$25,414,136
54$29,766,287$23,220,116$21,540,502$27,109,736
55$32,730,437$24,285,890$22,190,098$28,942,427
56$35,994,662$25,401,619$22,859,187$30,924,681
57$39,589,498$26,569,679$23,548,350$33,070,182
58$43,548,594$27,792,560$24,258,187$35,393,934
59$47,909,028$29,072,873$24,989,314$37,912,405
60$52,711,659$30,413,354$25,742,365$40,643,662
61$58,001,509$31,816,869$26,517,995$43,607,540
62$63,828,191$33,286,424$27,316,876$46,825,810
63$70,246,377$34,825,169$28,139,702$50,322,382
64$77,316,310$36,436,405$28,987,185$54,123,509
65$85,104,378$38,123,593$29,860,060$58,258,031
66$93,683,735$39,890,360$30,759,083$62,757,630
67$103,134,997$41,740,508$31,685,033$67,657,114
68$113,546,996$43,678,022$32,638,711$72,994,735
69$125,017,624$45,707,080$33,620,942$78,812,534
70$137,654,755$47,832,060$34,632,577$85,156,719
71$151,577,261$50,057,552$35,674,489$92,078,090
72$166,916,136$52,388,367$36,747,579$99,632,497
73$183,815,734$54,829,549$37,852,775$107,881,351
74$202,435,127$57,386,384$38,991,031$116,892,187
75$222,949,608$60,064,416$40,163,329$126,739,278
76$245,552,349$62,869,453$41,370,681$137,504,319
77$270,456,219$65,807,586$42,614,129$149,277,173
78$297,895,795$68,885,200$43,894,744$162,156,702
79$328,129,579$72,108,988$45,213,631$176,251,672
80$361,442,435$75,485,966$46,571,926$191,681,756
81$398,148,276$79,023,491$47,970,798$208,578,640
82$438,593,032$82,729,274$49,411,452$227,087,239
83$483,157,912$86,611,400$50,895,127$247,367,034
84$532,263,005$90,678,345$52,423,100$269,593,551
85$586,371,242$94,938,993$53,996,683$293,959,983
86$645,992,767$99,402,662$55,617,231$320,678,987
87$711,689,754$104,079,118$57,286,133$349,984,655
88$784,081,715$108,978,601$59,004,825$382,134,684
89$863,851,343$114,111,846$60,774,780$417,412,781
90$951,750,963$119,490,108$62,597,517$456,131,293
91$1,048,609,627$125,125,189$64,474,600$498,634,121
92$1,155,340,946$131,029,462$66,407,637$545,299,920
93$1,272,951,715$137,215,897$68,398,284$596,545,632
94$1,402,551,410$143,698,096$70,448,247$652,830,373
95$1,545,362,671$150,490,320$72,559,280$714,659,722
96$1,702,732,837$157,607,520$74,733,190$782,590,437
97$1,876,146,671$165,065,372$76,971,836$857,235,660
98$2,067,240,370$172,880,315$79,277,132$939,270,652
99$2,277,817,020$181,069,582$81,651,047$1,029,439,105
100$2,509,863,608$189,651,244$84,095,610$1,128,560,101