Can I retire at age 50 with 18,700,000?

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 $18,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$1,544,229$1,530,473$1,517,053$1,503,955$1,491,164$1,437,113
2 years$764,470$750,232$736,434$723,055$710,078$656,216
3 years$504,584$490,285$476,521$463,268$450,503$398,523
4 years$374,667$360,411$346,785$333,759$321,302$271,601
5 years$296,736$282,567$269,120$256,359$244,249$196,957
6 years$244,800$230,737$217,489$205,012$193,266$148,417
7 years$207,717$193,773$180,734$168,552$157,177$114,761
8 years$179,918$166,099$153,277$141,394$130,393$90,373
9 years$158,307$144,619$132,017$120,436$109,810$72,132
10 years$141,029$127,475$115,096$103,817$93,564$58,162
11 years$126,902$113,483$101,328$90,352$80,468$47,268
12 years$115,137$101,856$89,926$79,251$69,732$38,653
13 years$105,190$92,048$80,343$69,967$60,807$31,763
14 years$96,672$83,669$72,189$62,109$53,303$26,205
15 years$89,296$76,434$65,177$55,390$46,933$21,689
16 years$82,848$70,126$59,092$49,596$41,479$17,998
17 years$77,165$64,584$53,772$44,561$36,778$14,967
18 years$72,119$59,678$49,087$40,159$32,702$12,468
19 years$67,609$55,309$44,936$36,287$29,148$10,401
20 years$63,555$51,396$41,240$32,865$26,035$8,688
21 years$59,893$47,873$37,933$29,827$23,299$7,264
22 years$56,567$44,688$34,961$27,119$20,884$6,078
23 years$53,535$41,796$32,281$24,698$18,747$5,090
24 years$50,760$39,160$29,854$22,526$16,850$4,264
25 years$48,211$36,750$27,651$20,572$15,162$3,575
26 years$45,862$34,539$25,645$18,810$13,658$2,998
27 years$43,691$32,505$23,813$17,217$12,314$2,515
28 years$41,678$30,629$22,138$15,775$11,111$2,110
29 years$39,808$28,895$20,601$14,466$10,033$1,771
30 years$38,065$27,288$19,189$13,276$9,065$1,487
31 years$36,438$25,797$17,889$12,193$8,196$1,248
32 years$34,916$24,409$16,691$11,206$7,414$1,048
33 years$33,489$23,116$15,585$10,305$6,709$880
34 years$32,149$21,908$14,561$9,481$6,075$739
35 years$30,888$20,780$13,614$8,728$5,502$621
36 years$29,700$19,723$12,735$8,038$4,985$522
37 years$28,579$18,732$11,920$7,406$4,518$438
38 years$27,519$17,802$11,163$6,826$4,096$368
39 years$26,516$16,928$10,458$6,294$3,714$309
40 years$25,566$16,106$9,802$5,806$3,369$260
41 years$24,664$15,331$9,192$5,356$3,057$218
42 years$23,808$14,601$8,622$4,943$2,774$183
43 years$22,993$13,912$8,091$4,563$2,517$154
44 years$22,218$13,261$7,594$4,213$2,285$130
45 years$21,480$12,645$7,131$3,891$2,074$109
46 years$20,775$12,063$6,698$3,594$1,883$91
47 years$20,103$11,512$6,292$3,321$1,710$77
48 years$19,460$10,990$5,913$3,068$1,553$65
49 years$18,846$10,495$5,558$2,836$1,410$54
50 years$18,258$10,025$5,225$2,621$1,281$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,700,000, adding $5,490 every year, while hoping to spend $59,287 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: 80/11/9 Blend
49$18,700,000$18,700,000$18,700,000$18,700,000
50$20,613,063$19,621,963$19,332,113$22,234,321
51$22,652,514$20,520,358$19,916,658$24,196,526
52$24,898,003$21,460,788$20,518,798$26,340,852
53$27,370,482$22,445,249$21,139,060$28,692,064
54$30,093,039$23,475,834$21,777,987$31,270,810
55$33,091,116$24,554,737$22,436,137$34,099,824
56$36,392,748$25,684,258$23,114,085$37,204,140
57$40,028,826$26,866,804$23,812,425$40,611,325
58$44,033,390$28,104,901$24,531,765$44,351,738
59$48,443,951$29,401,197$25,272,734$48,458,811
60$53,301,843$30,758,464$26,035,979$52,969,366
61$58,652,613$32,179,610$26,822,167$57,923,955
62$64,546,452$33,667,684$27,631,981$63,367,240
63$71,038,667$35,225,877$28,466,130$69,348,417
64$78,190,205$36,857,540$29,325,340$75,921,670
65$86,068,227$38,566,180$30,210,359$83,146,682
66$94,746,739$40,355,476$31,121,959$91,089,193
67$104,307,296$42,229,283$32,060,934$99,821,622
68$114,839,765$44,191,643$33,028,101$109,423,739
69$126,443,180$46,246,792$34,024,301$119,983,417
70$139,226,671$48,399,171$35,050,401$131,597,461
71$153,310,495$50,653,435$36,107,294$144,372,509
72$168,827,175$53,014,463$37,195,897$158,426,042
73$185,922,745$55,487,369$38,317,158$173,887,483
74$204,758,132$58,077,517$39,472,050$190,899,413
75$225,510,673$60,790,528$40,661,575$209,618,916
76$248,375,791$63,632,292$41,886,767$230,219,053
77$273,568,836$66,608,989$43,148,688$252,890,488
78$301,327,121$69,727,093$44,448,433$277,843,287
79$331,912,160$72,993,394$45,787,129$305,308,888
80$365,612,138$76,415,008$47,165,935$335,542,285
81$402,744,630$79,999,397$48,586,048$368,824,423
82$443,659,597$83,754,383$50,048,695$405,464,848
83$488,742,694$87,688,166$51,555,145$445,804,616
84$538,418,907$91,809,343$53,106,700$490,219,508
85$593,156,563$96,126,929$54,704,702$539,123,567
86$653,471,756$100,650,372$56,350,533$592,973,002
87$719,933,216$105,389,581$58,045,617$652,270,480
88$793,167,676$110,354,942$59,791,417$717,569,865
89$873,865,791$115,557,346$61,589,441$789,481,435
90$962,788,656$121,008,211$63,441,242$868,677,635
91$1,060,774,993$126,719,508$65,348,418$955,899,411
92$1,168,749,066$132,703,787$67,312,614$1,051,963,198
93$1,287,729,408$138,974,210$69,335,523$1,157,768,611
94$1,418,838,435$145,544,573$71,418,890$1,274,306,925
95$1,563,313,042$152,429,344$73,564,510$1,402,670,426
96$1,722,516,281$159,643,691$75,774,230$1,544,062,703
97$1,897,950,228$167,203,519$78,049,953$1,699,809,997
98$2,091,270,163$175,125,502$80,393,638$1,871,373,712
99$2,304,300,194$183,427,126$82,807,299$2,060,364,187
100$2,539,050,483$192,126,725$85,293,013$2,268,555,890