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%11.1%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,492,194
2 years$768,558$754,244$740,372$726,922$713,875$706,866
3 years$507,282$492,907$479,070$465,746$452,912$446,054
4 years$376,670$362,339$348,640$335,544$323,021$316,367
5 years$298,323$284,078$270,559$257,730$245,555$239,126
6 years$246,109$231,971$218,652$206,108$194,299$188,103
7 years$208,828$194,809$181,701$169,453$158,017$152,057
8 years$180,880$166,987$154,097$142,150$131,091$125,366
9 years$159,154$145,392$132,723$121,080$110,397$104,908
10 years$141,783$128,156$115,711$104,372$94,064$88,807
11 years$127,580$114,090$101,870$90,835$80,898$75,870
12 years$115,753$102,401$90,407$79,675$70,105$65,301
13 years$105,753$92,541$80,773$70,341$61,133$56,549
14 years$97,189$84,117$72,575$62,441$53,589$49,221
15 years$89,773$76,842$65,525$55,686$47,184$43,026
16 years$83,291$70,501$59,408$49,861$41,701$37,747
17 years$77,577$64,929$54,059$44,800$36,975$33,220
18 years$72,504$59,997$49,349$40,373$32,876$29,313
19 years$67,971$55,605$45,177$36,481$29,303$25,926
20 years$63,895$51,671$41,461$33,040$26,174$22,976
21 years$60,213$48,129$38,136$29,986$23,423$20,398
22 years$56,870$44,927$35,148$27,264$20,996$18,137
23 years$53,822$42,019$32,453$24,830$18,847$16,148
24 years$51,032$39,369$30,014$22,647$16,940$14,395
25 years$48,469$36,946$27,799$20,682$15,243$12,845
26 years$46,108$34,723$25,782$18,911$13,731$11,473
27 years$43,925$32,679$23,941$17,309$12,379$10,256
28 years$41,901$30,793$22,256$15,859$11,170$9,174
29 years$40,021$29,050$20,711$14,543$10,086$8,212
30 years$38,269$27,434$19,292$13,347$9,114$7,355
31 years$36,633$25,935$17,985$12,258$8,240$6,591
32 years$35,103$24,539$16,780$11,266$7,453$5,909
33 years$33,668$23,239$15,668$10,360$6,745$5,300
34 years$32,321$22,026$14,639$9,532$6,107$4,755
35 years$31,053$20,891$13,687$8,775$5,531$4,268
36 years$29,859$19,828$12,804$8,081$5,012$3,832
37 years$28,732$18,833$11,984$7,446$4,542$3,441
38 years$27,666$17,898$11,222$6,863$4,118$3,091
39 years$26,658$17,019$10,514$6,328$3,734$2,777
40 years$25,703$16,192$9,855$5,837$3,387$2,495
41 years$24,796$15,413$9,241$5,385$3,073$2,242
42 years$23,935$14,679$8,668$4,970$2,788$2,016
43 years$23,116$13,986$8,134$4,588$2,531$1,812
44 years$22,337$13,332$7,635$4,236$2,297$1,629
45 years$21,594$12,713$7,169$3,912$2,085$1,465
46 years$20,886$12,128$6,733$3,614$1,893$1,317
47 years$20,210$11,574$6,326$3,338$1,719$1,185
48 years$19,564$11,049$5,945$3,085$1,561$1,066
49 years$18,946$10,551$5,588$2,851$1,418$959
50 years$18,355$10,079$5,253$2,635$1,288$862

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 $4,071 every year, while hoping to spend $56,675 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: 70/8/22 Blend
49$18,800,000$18,800,000$18,800,000$18,800,000
50$20,721,799$19,725,399$19,433,999$22,058,513
51$22,775,121$20,631,642$20,024,736$23,858,146
52$25,035,982$21,580,391$20,633,364$25,820,334
53$27,525,492$22,573,670$21,260,421$27,966,834
54$30,266,910$23,613,598$21,906,463$30,315,893
55$33,285,869$24,702,398$22,572,064$32,887,599
56$36,610,610$25,842,399$23,257,811$35,704,070
57$40,272,258$27,036,041$23,964,313$38,789,656
58$44,305,105$28,285,884$24,692,194$42,171,169
59$48,746,943$29,594,610$25,442,100$45,878,132
60$53,639,414$30,965,028$26,214,693$49,943,055
61$59,028,405$32,400,086$27,010,656$54,401,740
62$64,964,484$33,902,872$27,830,695$59,293,611
63$71,503,371$35,476,622$28,675,532$64,662,089
64$78,706,468$37,124,730$29,545,916$70,554,994
65$86,641,439$38,850,752$30,442,615$77,024,996
66$95,382,844$40,658,418$31,366,422$84,130,104
67$105,012,848$42,551,634$32,318,150$91,934,212
68$115,621,992$44,534,498$33,298,642$100,507,700
69$127,310,051$46,611,304$34,308,763$109,928,092
70$140,186,973$48,786,554$35,349,402$120,280,781
71$154,373,916$51,064,967$36,421,479$131,659,834
72$170,004,395$53,451,490$37,525,938$144,168,876
73$187,225,540$55,951,310$38,663,754$157,922,058
74$206,199,483$58,569,862$39,835,928$173,045,135
75$227,104,892$61,312,848$41,043,494$189,676,644
76$250,138,655$64,186,241$42,287,514$207,969,207
77$275,517,737$67,196,305$43,569,085$228,090,967
78$303,481,230$70,349,609$44,889,334$250,227,168
79$334,292,612$73,653,036$46,249,422$274,581,898
80$368,242,228$77,113,804$47,650,548$301,380,007
81$405,650,035$80,739,481$49,093,941$330,869,227
82$446,868,623$84,537,999$50,580,872$363,322,499
83$492,286,538$88,517,677$52,112,647$399,040,544
84$542,331,956$92,687,234$53,690,612$438,354,694
85$597,476,721$97,055,814$55,316,153$481,630,013
86$658,240,799$101,633,002$56,990,696$529,268,733
87$725,197,189$106,428,847$58,715,713$581,714,042
88$798,977,330$111,453,888$60,492,717$639,454,260
89$880,277,060$116,719,171$62,323,266$703,027,442
90$969,863,191$122,236,281$64,208,966$773,026,441
91$1,068,580,740$128,017,362$66,151,469$850,104,500
92$1,177,360,911$134,075,148$68,152,479$934,981,406
93$1,297,229,885$140,422,992$70,213,748$1,028,450,274
94$1,429,318,506$147,074,892$72,337,082$1,131,385,024
95$1,574,872,959$154,045,526$74,524,339$1,244,748,618
96$1,735,266,530$161,350,287$76,777,435$1,369,602,136
97$1,912,012,577$169,005,312$79,098,339$1,507,114,784
98$2,106,778,810$177,027,522$81,489,083$1,658,574,917
99$2,321,403,038$185,434,660$83,951,758$1,825,402,187
100$2,557,910,521$194,245,331$86,488,514$2,009,160,929