Can I retire at age 50 with 18,800,000?

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 $18,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,484,718
2 years$768,558$754,244$740,372$726,922$713,875$699,349
3 years$507,282$492,907$479,070$465,746$452,912$438,730
4 years$376,670$362,339$348,640$335,544$323,021$309,292
5 years$298,323$284,078$270,559$257,730$245,555$232,320
6 years$246,109$231,971$218,652$206,108$194,299$181,575
7 years$208,828$194,809$181,701$169,453$158,017$145,809
8 years$180,880$166,987$154,097$142,150$131,091$119,397
9 years$159,154$145,392$132,723$121,080$110,397$99,215
10 years$141,783$128,156$115,711$104,372$94,064$83,386
11 years$127,580$114,090$101,870$90,835$80,898$70,717
12 years$115,753$102,401$90,407$79,675$70,105$60,409
13 years$105,753$92,541$80,773$70,341$61,133$51,912
14 years$97,189$84,117$72,575$62,441$53,589$44,830
15 years$89,773$76,842$65,525$55,686$47,184$38,875
16 years$83,291$70,501$59,408$49,861$41,701$33,828
17 years$77,577$64,929$54,059$44,800$36,975$29,524
18 years$72,504$59,997$49,349$40,373$32,876$25,833
19 years$67,971$55,605$45,177$36,481$29,303$22,653
20 years$63,895$51,671$41,461$33,040$26,174$19,901
21 years$60,213$48,129$38,136$29,986$23,423$17,512
22 years$56,870$44,927$35,148$27,264$20,996$15,432
23 years$53,822$42,019$32,453$24,830$18,847$13,616
24 years$51,032$39,369$30,014$22,647$16,940$12,026
25 years$48,469$36,946$27,799$20,682$15,243$10,632
26 years$46,108$34,723$25,782$18,911$13,731$9,408
27 years$43,925$32,679$23,941$17,309$12,379$8,330
28 years$41,901$30,793$22,256$15,859$11,170$7,381
29 years$40,021$29,050$20,711$14,543$10,086$6,544
30 years$38,269$27,434$19,292$13,347$9,114$5,804
31 years$36,633$25,935$17,985$12,258$8,240$5,151
32 years$35,103$24,539$16,780$11,266$7,453$4,572
33 years$33,668$23,239$15,668$10,360$6,745$4,060
34 years$32,321$22,026$14,639$9,532$6,107$3,607
35 years$31,053$20,891$13,687$8,775$5,531$3,205
36 years$29,859$19,828$12,804$8,081$5,012$2,848
37 years$28,732$18,833$11,984$7,446$4,542$2,532
38 years$27,666$17,898$11,222$6,863$4,118$2,251
39 years$26,658$17,019$10,514$6,328$3,734$2,002
40 years$25,703$16,192$9,855$5,837$3,387$1,781
41 years$24,796$15,413$9,241$5,385$3,073$1,584
42 years$23,935$14,679$8,668$4,970$2,788$1,409
43 years$23,116$13,986$8,134$4,588$2,531$1,254
44 years$22,337$13,332$7,635$4,236$2,297$1,116
45 years$21,594$12,713$7,169$3,912$2,085$993
46 years$20,886$12,128$6,733$3,614$1,893$883
47 years$20,210$11,574$6,326$3,338$1,719$786
48 years$19,564$11,049$5,945$3,085$1,561$700
49 years$18,946$10,551$5,588$2,851$1,418$623
50 years$18,355$10,079$5,253$2,635$1,288$554

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,800,000, adding $5,925 every year, while hoping to spend $52,161 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: 62/10/28 Blend
49$18,800,000$18,800,000$18,800,000$18,800,000
50$20,723,712$19,727,312$19,435,912$21,852,554
51$22,782,031$20,638,451$20,031,516$23,531,591
52$25,048,551$21,592,488$20,645,324$25,358,006
53$27,544,453$22,591,470$21,277,892$27,351,291
54$30,293,077$23,637,541$21,929,791$29,527,785
55$33,320,142$24,732,951$22,601,610$31,905,465
56$36,653,988$25,880,058$23,293,956$34,504,118
57$40,325,845$27,081,331$24,007,454$37,345,521
58$44,370,126$28,339,360$24,742,748$40,453,645
59$48,824,751$29,656,862$25,500,502$43,854,877
60$53,731,507$31,036,680$26,281,401$47,578,262
61$59,136,442$32,481,798$27,086,149$51,655,779
62$65,090,296$33,995,343$27,915,471$56,122,636
63$71,648,984$35,580,592$28,770,118$61,017,594
64$78,874,121$37,240,983$29,650,858$66,383,338
65$86,833,607$38,980,116$30,558,487$72,266,864
66$95,602,261$40,801,768$31,493,823$78,719,927
67$105,262,534$42,709,897$32,457,708$85,799,520
68$115,905,284$44,708,653$33,451,012$93,568,407
69$127,630,632$46,802,387$34,474,631$102,095,711
70$140,548,911$48,995,657$35,529,485$111,457,560
71$154,781,702$51,293,247$36,616,525$121,737,802
72$170,462,987$53,700,168$37,736,730$133,028,786
73$187,740,411$56,221,675$38,891,110$145,432,233
74$206,776,673$58,863,277$40,080,702$159,060,185
75$227,751,065$61,630,750$41,306,577$174,036,057
76$250,861,166$64,530,149$42,569,840$190,495,798
77$276,324,701$67,567,822$43,871,626$208,589,161
78$304,381,602$70,750,426$45,213,106$228,481,113
79$335,296,267$74,084,939$46,595,487$250,353,386
80$369,360,062$77,578,677$48,020,011$274,406,178
81$406,894,066$81,239,310$49,487,960$300,860,040
82$448,252,106$85,074,882$51,000,652$329,957,945
83$493,824,094$89,093,824$52,559,447$361,967,576
84$544,039,709$93,304,978$54,165,745$397,183,838
85$599,372,451$97,717,614$55,820,989$435,931,638
86$660,344,114$102,341,450$57,526,666$478,568,936
87$727,529,711$107,186,679$59,284,306$525,490,115
88$801,562,899$112,263,984$61,095,488$577,129,693
89$883,141,965$117,584,569$62,961,838$633,966,415
90$973,036,415$123,160,183$64,885,029$696,527,754
91$1,072,094,239$129,003,141$66,866,787$765,394,883
92$1,181,249,916$135,126,360$68,908,889$841,208,146
93$1,301,533,238$141,543,381$71,013,166$924,673,087
94$1,434,079,027$148,268,405$73,181,506$1,016,567,100
95$1,580,137,852$155,316,322$75,415,851$1,117,746,747
96$1,741,087,834$162,702,743$77,718,204$1,229,155,834
97$1,918,447,657$170,444,041$80,090,627$1,351,834,300
98$2,113,890,900$178,557,381$82,535,245$1,486,928,019
99$2,329,261,844$187,060,765$85,054,248$1,635,699,599
100$2,566,592,878$195,973,068$87,649,891$1,799,540,283