Can I retire at age 50 with 18,600,000?

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 $18,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,426,597
2 years$760,381$746,220$732,495$719,188$706,281$649,930
3 years$501,886$487,663$473,973$460,791$448,094$393,758
4 years$372,663$358,484$344,931$331,974$319,584$267,679
5 years$295,150$281,056$267,681$254,988$242,943$193,600
6 years$243,491$229,503$216,326$203,916$192,232$145,487
7 years$206,606$192,736$179,768$167,650$156,336$112,173
8 years$178,956$165,211$152,457$140,638$129,696$88,074
9 years$157,461$143,846$131,311$119,792$109,223$70,081
10 years$140,275$126,793$114,480$103,262$93,063$56,330
11 years$126,223$112,876$100,787$89,869$80,038$45,630
12 years$114,521$101,312$89,446$78,827$69,359$37,189
13 years$104,628$91,556$79,914$69,593$60,482$30,456
14 years$96,155$83,222$71,803$61,776$53,018$25,039
15 years$88,818$76,025$64,828$55,094$46,682$20,650
16 years$82,405$69,751$58,776$49,330$41,257$17,073
17 years$76,752$64,238$53,484$44,323$36,582$14,146
18 years$71,733$59,359$48,824$39,944$32,527$11,740
19 years$67,248$55,013$44,696$36,093$28,992$9,757
20 years$63,216$51,121$41,020$32,689$25,896$8,118
21 years$59,572$47,617$37,730$29,667$23,174$6,761
22 years$56,265$44,449$34,774$26,974$20,772$5,636
23 years$53,249$41,572$32,108$24,566$18,646$4,701
24 years$50,489$38,951$29,694$22,406$16,760$3,923
25 years$47,954$36,553$27,503$20,462$15,081$3,275
26 years$45,617$34,354$25,508$18,710$13,585$2,735
27 years$43,457$32,331$23,686$17,125$12,248$2,285
28 years$41,455$30,466$22,019$15,690$11,051$1,910
29 years$39,595$28,741$20,491$14,388$9,979$1,596
30 years$37,862$27,143$19,086$13,205$9,017$1,335
31 years$36,243$25,659$17,794$12,128$8,152$1,116
32 years$34,729$24,278$16,602$11,146$7,374$933
33 years$33,310$22,992$15,501$10,249$6,673$781
34 years$31,977$21,791$14,483$9,430$6,042$653
35 years$30,723$20,669$13,541$8,681$5,473$546
36 years$29,541$19,618$12,667$7,995$4,958$457
37 years$28,426$18,632$11,856$7,366$4,494$382
38 years$27,372$17,707$11,103$6,790$4,074$320
39 years$26,374$16,838$10,402$6,261$3,695$268
40 years$25,429$16,020$9,750$5,774$3,351$224
41 years$24,532$15,249$9,142$5,328$3,040$187
42 years$23,681$14,523$8,576$4,917$2,759$157
43 years$22,871$13,837$8,047$4,539$2,504$131
44 years$22,099$13,190$7,554$4,191$2,273$110
45 years$21,365$12,578$7,093$3,870$2,063$92
46 years$20,664$11,999$6,662$3,575$1,873$77
47 years$19,995$11,450$6,259$3,303$1,701$64
48 years$19,356$10,931$5,881$3,052$1,545$54
49 years$18,745$10,439$5,528$2,821$1,403$45
50 years$18,160$9,971$5,197$2,607$1,274$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,600,000, adding $6,305 every year, while hoping to spend $54,331 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: 72/15/13 Blend
49$18,600,000$18,600,000$18,600,000$18,600,000
50$20,503,704$19,517,904$19,229,604$21,922,640
51$22,537,274$20,416,473$19,815,988$23,761,805
52$24,776,447$21,357,252$20,420,194$25,767,820
53$27,242,137$22,342,250$21,042,764$27,962,992
54$29,957,391$23,373,576$21,684,252$30,366,014
55$32,947,602$24,453,438$22,345,232$32,997,459
56$36,240,753$25,584,152$23,026,292$35,879,974
57$39,867,679$26,768,145$23,728,042$39,038,488
58$43,862,358$28,007,959$24,451,108$42,500,446
59$48,262,232$29,306,263$25,196,133$46,296,060
60$53,108,559$30,665,849$25,963,783$50,458,597
61$58,446,804$32,089,648$26,754,742$55,024,684
62$64,327,067$33,580,730$27,569,715$60,034,649
63$70,804,556$35,142,314$28,409,429$65,532,900
64$77,940,107$36,777,774$29,274,631$71,568,340
65$85,800,759$38,490,645$30,166,092$78,194,821
66$94,460,386$40,284,637$31,084,606$85,471,646
67$104,000,396$42,163,634$32,030,990$93,464,130
68$114,510,495$44,131,712$33,006,088$102,244,204
69$126,089,540$46,193,140$34,010,766$111,891,094
70$138,846,465$48,352,395$35,045,918$122,492,056
71$152,901,314$50,614,172$36,112,466$134,143,201
72$168,386,371$52,983,390$37,211,357$146,950,391
73$185,447,412$55,465,207$38,343,568$161,030,233
74$204,245,076$58,065,030$39,510,106$176,511,171
75$224,956,386$60,788,528$40,712,006$193,534,692
76$247,776,416$63,641,645$41,950,337$212,256,657
77$272,920,135$66,630,611$43,226,198$232,848,759
78$300,624,436$69,761,957$44,540,722$255,500,136
79$331,150,368$73,042,532$45,895,076$280,419,153
80$364,785,605$76,479,517$47,290,461$307,835,351
81$401,847,161$80,080,437$48,728,116$338,001,614
82$442,684,378$83,853,185$50,209,314$371,196,537
83$487,682,229$87,806,035$51,735,370$407,727,052
84$537,264,948$91,947,662$53,307,637$447,931,309
85$591,900,036$96,287,162$54,927,507$492,181,864
86$652,102,677$100,834,070$56,596,416$540,889,174
87$718,440,596$105,598,385$58,315,841$594,505,470
88$791,539,421$110,590,590$60,087,306$653,529,004
89$872,088,589$115,821,677$61,912,378$718,508,743
90$960,847,856$121,303,169$63,792,673$790,049,539
91$1,058,654,463$127,047,151$65,729,854$868,817,819
92$1,166,431,049$133,066,292$67,725,635$955,547,864
93$1,285,194,352$139,373,876$69,781,779$1,051,048,724
94$1,416,064,813$145,983,833$71,900,106$1,156,211,838
95$1,560,277,151$152,910,768$74,082,487$1,272,019,431
96$1,719,192,020$160,169,995$76,330,850$1,399,553,769
97$1,894,308,854$167,777,572$78,647,181$1,540,007,359
98$2,087,280,020$175,750,337$81,033,525$1,694,694,179
99$2,299,926,424$184,105,945$83,491,989$1,865,062,069
100$2,534,254,691$192,862,908$86,024,743$2,052,706,373