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

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 $18,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$1,544,229$1,530,473$1,517,053$1,503,955$1,491,164$1,440,550
2 years$764,470$750,232$736,434$723,055$710,078$659,592
3 years$504,584$490,285$476,521$463,268$450,503$401,731
4 years$374,667$360,411$346,785$333,759$321,302$274,618
5 years$296,736$282,567$269,120$256,359$244,249$199,775
6 years$244,800$230,737$217,489$205,012$193,266$151,038
7 years$207,717$193,773$180,734$168,552$157,177$117,189
8 years$179,918$166,099$153,277$141,394$130,393$92,614
9 years$158,307$144,619$132,017$120,436$109,810$74,192
10 years$141,029$127,475$115,096$103,817$93,564$60,050
11 years$126,902$113,483$101,328$90,352$80,468$48,993
12 years$115,137$101,856$89,926$79,251$69,732$40,224
13 years$105,190$92,048$80,343$69,967$60,807$33,190
14 years$96,672$83,669$72,189$62,109$53,303$27,497
15 years$89,296$76,434$65,177$55,390$46,933$22,856
16 years$82,848$70,126$59,092$49,596$41,479$19,048
17 years$77,165$64,584$53,772$44,561$36,778$15,910
18 years$72,119$59,678$49,087$40,159$32,702$13,314
19 years$67,609$55,309$44,936$36,287$29,148$11,158
20 years$63,555$51,396$41,240$32,865$26,035$9,362
21 years$59,893$47,873$37,933$29,827$23,299$7,864
22 years$56,567$44,688$34,961$27,119$20,884$6,612
23 years$53,535$41,796$32,281$24,698$18,747$5,563
24 years$50,760$39,160$29,854$22,526$16,850$4,683
25 years$48,211$36,750$27,651$20,572$15,162$3,944
26 years$45,862$34,539$25,645$18,810$13,658$3,324
27 years$43,691$32,505$23,813$17,217$12,314$2,802
28 years$41,678$30,629$22,138$15,775$11,111$2,362
29 years$39,808$28,895$20,601$14,466$10,033$1,993
30 years$38,065$27,288$19,189$13,276$9,065$1,681
31 years$36,438$25,797$17,889$12,193$8,196$1,418
32 years$34,916$24,409$16,691$11,206$7,414$1,197
33 years$33,489$23,116$15,585$10,305$6,709$1,010
34 years$32,149$21,908$14,561$9,481$6,075$853
35 years$30,888$20,780$13,614$8,728$5,502$720
36 years$29,700$19,723$12,735$8,038$4,985$608
37 years$28,579$18,732$11,920$7,406$4,518$513
38 years$27,519$17,802$11,163$6,826$4,096$433
39 years$26,516$16,928$10,458$6,294$3,714$366
40 years$25,566$16,106$9,802$5,806$3,369$309
41 years$24,664$15,331$9,192$5,356$3,057$261
42 years$23,808$14,601$8,622$4,943$2,774$220
43 years$22,993$13,912$8,091$4,563$2,517$186
44 years$22,218$13,261$7,594$4,213$2,285$157
45 years$21,480$12,645$7,131$3,891$2,074$133
46 years$20,775$12,063$6,698$3,594$1,883$112
47 years$20,103$11,512$6,292$3,321$1,710$95
48 years$19,460$10,990$5,913$3,068$1,553$80
49 years$18,846$10,495$5,558$2,836$1,410$67
50 years$18,258$10,025$5,225$2,621$1,281$57

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 $6,981 every year, while hoping to spend $30,378 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: 62/14/24 Blend
49$18,700,000$18,700,000$18,700,000$18,700,000
50$20,614,601$19,623,501$19,333,651$21,761,583
51$22,684,968$20,552,730$19,949,006$23,468,329
52$24,965,495$21,526,474$20,583,958$25,327,053
53$27,477,585$22,546,881$21,239,130$27,355,861
54$30,244,825$23,616,205$21,915,167$29,571,360
55$33,293,206$24,736,808$22,612,734$31,991,820
56$36,651,370$25,911,168$23,332,517$34,637,343
57$40,350,877$27,141,882$24,075,224$37,530,051
58$44,426,507$28,431,676$24,841,585$40,694,288
59$48,916,587$29,783,404$25,632,354$44,156,846
60$53,863,350$31,200,062$26,448,310$47,947,214
61$59,313,337$32,684,790$27,290,253$52,097,851
62$65,317,834$34,240,882$28,159,013$56,644,487
63$71,933,358$35,871,790$29,055,445$61,626,456
64$79,222,188$37,581,135$29,980,430$67,087,059
65$87,252,956$39,372,714$30,934,879$73,073,972
66$96,101,289$41,250,509$31,919,729$79,639,686
67$105,850,532$43,218,695$32,935,951$86,841,996
68$116,592,524$45,281,650$33,984,544$94,744,545
69$128,428,475$47,443,964$35,066,540$103,417,411
70$141,469,914$49,710,453$36,183,003$112,937,766
71$155,839,744$52,086,164$37,335,033$123,390,599
72$171,673,404$54,576,392$38,523,762$134,869,504
73$189,120,144$57,186,688$39,750,361$147,477,561
74$208,344,438$59,922,874$41,016,037$161,328,299
75$229,527,531$62,791,056$42,322,035$176,546,759
76$252,869,157$65,797,635$43,669,640$193,270,665
77$278,589,417$68,949,326$45,060,180$211,651,715
78$306,930,864$72,253,170$46,495,022$231,857,005
79$338,160,787$75,716,549$47,975,580$254,070,590
80$372,573,735$79,347,208$49,503,310$278,495,219
81$410,494,301$83,153,266$51,079,716$305,354,232
82$452,280,183$87,143,240$52,706,350$334,893,657
83$498,325,563$91,326,059$54,384,813$367,384,525
84$549,064,824$95,711,090$56,116,758$403,125,410
85$604,976,657$100,308,154$57,903,890$442,445,237
86$666,588,574$105,127,552$59,747,969$485,706,374
87$734,481,892$110,180,085$61,650,809$533,308,036
88$809,297,219$115,477,083$63,614,285$585,690,040
89$891,740,501$121,030,427$65,640,330$643,336,943
90$982,589,690$126,852,575$67,730,939$706,782,597
91$1,082,702,084$132,956,596$69,888,170$776,615,172
92$1,193,022,421$139,356,194$72,114,149$853,482,691
93$1,314,591,801$146,065,742$74,411,066$938,099,129
94$1,448,557,513$153,100,311$76,781,185$1,031,251,136
95$1,596,183,864$160,475,711$79,226,839$1,133,805,437
96$1,758,864,117$168,208,520$81,750,438$1,246,716,999
97$1,938,133,646$176,316,126$84,354,466$1,371,038,019
98$2,135,684,426$184,816,764$87,041,488$1,507,927,838
99$2,353,381,012$193,729,560$89,814,153$1,658,663,860
100$2,593,278,137$203,074,571$92,675,190$1,824,653,584