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

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 $18,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,477,345
2 years$768,558$754,244$740,372$726,922$713,875$691,965
3 years$507,282$492,907$479,070$465,746$452,912$431,565
4 years$376,670$362,339$348,640$335,544$323,021$302,403
5 years$298,323$284,078$270,559$257,730$245,555$225,725
6 years$246,109$231,971$218,652$206,108$194,299$175,281
7 years$208,828$194,809$181,701$169,453$158,017$139,817
8 years$180,880$166,987$154,097$142,150$131,091$113,706
9 years$159,154$145,392$132,723$121,080$110,397$93,819
10 years$141,783$128,156$115,711$104,372$94,064$78,280
11 years$127,580$114,090$101,870$90,835$80,898$65,893
12 years$115,753$102,401$90,407$79,675$70,105$55,860
13 years$105,753$92,541$80,773$70,341$61,133$47,629
14 years$97,189$84,117$72,575$62,441$53,589$40,805
15 years$89,773$76,842$65,525$55,686$47,184$35,098
16 years$83,291$70,501$59,408$49,861$41,701$30,289
17 years$77,577$64,929$54,059$44,800$36,975$26,213
18 years$72,504$59,997$49,349$40,373$32,876$22,740
19 years$67,971$55,605$45,177$36,481$29,303$19,767
20 years$63,895$51,671$41,461$33,040$26,174$17,213
21 years$60,213$48,129$38,136$29,986$23,423$15,011
22 years$56,870$44,927$35,148$27,264$20,996$13,108
23 years$53,822$42,019$32,453$24,830$18,847$11,460
24 years$51,032$39,369$30,014$22,647$16,940$10,028
25 years$48,469$36,946$27,799$20,682$15,243$8,783
26 years$46,108$34,723$25,782$18,911$13,731$7,698
27 years$43,925$32,679$23,941$17,309$12,379$6,751
28 years$41,901$30,793$22,256$15,859$11,170$5,924
29 years$40,021$29,050$20,711$14,543$10,086$5,201
30 years$38,269$27,434$19,292$13,347$9,114$4,569
31 years$36,633$25,935$17,985$12,258$8,240$4,014
32 years$35,103$24,539$16,780$11,266$7,453$3,528
33 years$33,668$23,239$15,668$10,360$6,745$3,102
34 years$32,321$22,026$14,639$9,532$6,107$2,728
35 years$31,053$20,891$13,687$8,775$5,531$2,400
36 years$29,859$19,828$12,804$8,081$5,012$2,111
37 years$28,732$18,833$11,984$7,446$4,542$1,858
38 years$27,666$17,898$11,222$6,863$4,118$1,635
39 years$26,658$17,019$10,514$6,328$3,734$1,439
40 years$25,703$16,192$9,855$5,837$3,387$1,267
41 years$24,796$15,413$9,241$5,385$3,073$1,115
42 years$23,935$14,679$8,668$4,970$2,788$982
43 years$23,116$13,986$8,134$4,588$2,531$865
44 years$22,337$13,332$7,635$4,236$2,297$761
45 years$21,594$12,713$7,169$3,912$2,085$671
46 years$20,886$12,128$6,733$3,614$1,893$591
47 years$20,210$11,574$6,326$3,338$1,719$520
48 years$19,564$11,049$5,945$3,085$1,561$458
49 years$18,946$10,551$5,588$2,851$1,418$404
50 years$18,355$10,079$5,253$2,635$1,288$355

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 $2,092 every year, while hoping to spend $55,922 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: 52/34/14 Blend
49$18,800,000$18,800,000$18,800,000$18,800,000
50$20,719,758$19,723,358$19,431,958$21,719,232
51$22,773,673$20,630,302$20,023,428$23,309,845
52$25,035,212$21,579,812$20,632,838$25,032,765
53$27,525,496$22,573,914$21,260,730$26,905,347
54$30,267,794$23,614,734$21,907,662$28,941,765
55$33,287,750$24,704,496$22,574,209$31,157,591
56$36,613,619$25,845,536$23,260,964$33,569,935
57$40,276,538$27,040,297$23,968,536$36,197,599
58$44,310,818$28,291,344$24,697,555$39,061,250
59$48,754,265$29,601,364$25,448,667$42,183,607
60$53,648,542$30,973,172$26,222,539$45,589,643
61$59,039,557$32,409,722$27,019,858$49,306,818
62$64,977,900$33,914,106$27,841,332$53,365,329
63$71,519,318$35,489,570$28,687,688$57,798,383
64$78,725,241$37,139,511$29,559,678$62,642,504
65$86,663,363$38,867,495$30,458,075$67,937,866
66$95,408,280$40,677,256$31,383,675$73,728,663
67$105,042,195$42,572,712$32,337,298$80,063,516
68$115,655,690$44,557,966$33,319,789$86,995,920
69$127,348,586$46,637,322$34,332,017$94,584,736
70$140,230,882$48,815,291$35,374,880$102,894,737
71$154,423,794$51,096,602$36,449,300$111,997,204
72$170,060,897$53,486,212$37,556,228$121,970,589
73$187,289,390$55,989,318$38,696,644$132,901,237
74$206,271,482$58,611,368$39,871,555$144,884,189
75$227,185,921$61,358,073$41,082,000$158,024,063
76$250,229,689$64,235,422$42,329,050$172,436,028
77$275,619,850$67,249,691$43,613,807$188,246,869
78$303,595,611$70,407,462$44,937,405$205,596,173
79$334,420,568$73,715,633$46,301,014$224,637,622
80$368,385,205$77,181,438$47,705,836$245,540,427
81$405,809,628$80,812,460$49,153,114$268,490,908
82$447,046,589$84,616,650$50,644,122$293,694,226
83$492,484,818$88,602,343$52,180,178$321,376,303
84$542,552,690$92,778,278$53,762,634$351,785,927
85$597,722,270$97,153,619$55,392,888$385,197,082
86$658,513,766$101,737,971$57,072,374$421,911,501
87$725,500,446$106,541,407$58,802,574$462,261,497
88$799,314,043$111,574,487$60,585,012$506,613,065
89$880,650,722$116,848,284$62,421,256$555,369,314
90$970,277,651$122,374,406$64,312,924$608,974,234
91$1,069,040,245$128,165,025$66,261,680$667,916,866
92$1,177,870,143$134,232,904$68,269,240$732,735,877
93$1,297,794,006$140,591,425$70,337,368$804,024,612
94$1,429,943,208$147,254,618$72,467,883$882,436,662
95$1,575,564,516$154,237,196$74,662,658$968,691,994
96$1,736,031,862$161,554,583$76,923,622$1,063,583,706
97$1,912,859,309$169,222,955$79,252,761$1,167,985,474
98$2,107,715,350$177,259,271$81,652,120$1,282,859,756
99$2,322,438,656$185,681,316$84,123,806$1,409,266,833
100$2,559,055,434$194,507,735$86,669,988$1,548,374,766