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%16.8%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,457,579
2 years$768,558$754,244$740,372$726,922$713,875$672,315
3 years$507,282$492,907$479,070$465,746$452,912$412,652
4 years$376,670$362,339$348,640$335,544$323,021$284,370
5 years$298,323$284,078$270,559$257,730$245,555$208,621
6 years$246,109$231,971$218,652$206,108$194,299$159,115
7 years$208,828$194,809$181,701$169,453$158,017$124,585
8 years$180,880$166,987$154,097$142,150$131,091$99,392
9 years$159,154$145,392$132,723$121,080$110,397$80,402
10 years$141,783$128,156$115,711$104,372$94,064$65,733
11 years$127,580$114,090$101,870$90,835$80,898$54,186
12 years$115,753$102,401$90,407$79,675$70,105$44,961
13 years$105,753$92,541$80,773$70,341$61,133$37,504
14 years$97,189$84,117$72,575$62,441$53,589$31,417
15 years$89,773$76,842$65,525$55,686$47,184$26,411
16 years$83,291$70,501$59,408$49,861$41,701$22,267
17 years$77,577$64,929$54,059$44,800$36,975$18,818
18 years$72,504$59,997$49,349$40,373$32,876$15,935
19 years$67,971$55,605$45,177$36,481$29,303$13,516
20 years$63,895$51,671$41,461$33,040$26,174$11,481
21 years$60,213$48,129$38,136$29,986$23,423$9,764
22 years$56,870$44,927$35,148$27,264$20,996$8,312
23 years$53,822$42,019$32,453$24,830$18,847$7,082
24 years$51,032$39,369$30,014$22,647$16,940$6,038
25 years$48,469$36,946$27,799$20,682$15,243$5,151
26 years$46,108$34,723$25,782$18,911$13,731$4,397
27 years$43,925$32,679$23,941$17,309$12,379$3,755
28 years$41,901$30,793$22,256$15,859$11,170$3,208
29 years$40,021$29,050$20,711$14,543$10,086$2,741
30 years$38,269$27,434$19,292$13,347$9,114$2,343
31 years$36,633$25,935$17,985$12,258$8,240$2,003
32 years$35,103$24,539$16,780$11,266$7,453$1,713
33 years$33,668$23,239$15,668$10,360$6,745$1,465
34 years$32,321$22,026$14,639$9,532$6,107$1,253
35 years$31,053$20,891$13,687$8,775$5,531$1,072
36 years$29,859$19,828$12,804$8,081$5,012$918
37 years$28,732$18,833$11,984$7,446$4,542$785
38 years$27,666$17,898$11,222$6,863$4,118$672
39 years$26,658$17,019$10,514$6,328$3,734$575
40 years$25,703$16,192$9,855$5,837$3,387$492
41 years$24,796$15,413$9,241$5,385$3,073$421
42 years$23,935$14,679$8,668$4,970$2,788$361
43 years$23,116$13,986$8,134$4,588$2,531$309
44 years$22,337$13,332$7,635$4,236$2,297$264
45 years$21,594$12,713$7,169$3,912$2,085$226
46 years$20,886$12,128$6,733$3,614$1,893$194
47 years$20,210$11,574$6,326$3,338$1,719$166
48 years$19,564$11,049$5,945$3,085$1,561$142
49 years$18,946$10,551$5,588$2,851$1,418$121
50 years$18,355$10,079$5,253$2,635$1,288$104

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 $4,279 every year, while hoping to spend $39,439 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: 38/37/25 Blend
49$18,800,000$18,800,000$18,800,000$18,800,000
50$20,722,014$19,725,614$19,434,214$21,354,680
51$22,793,696$20,650,206$20,043,297$22,741,478
52$25,075,369$21,618,782$20,671,463$24,235,273
53$27,588,408$22,633,454$21,319,309$25,848,935
54$30,356,372$23,696,439$21,987,451$27,593,346
55$33,405,216$24,810,059$22,676,526$29,480,444
56$36,763,547$25,976,750$23,387,188$31,523,321
57$40,462,883$27,199,066$24,120,113$33,736,343
58$44,537,960$28,479,682$24,876,000$36,135,274
59$49,027,052$29,821,407$25,655,566$38,737,418
60$53,972,338$31,227,182$26,459,554$41,561,770
61$59,420,295$32,700,093$27,288,728$44,629,189
62$65,422,141$34,243,374$28,143,876$47,962,583
63$72,034,317$35,860,417$29,025,813$51,587,112
64$79,319,017$37,554,776$29,935,377$55,530,419
65$87,344,777$39,330,181$30,873,434$59,822,874
66$96,187,125$41,190,541$31,840,874$64,497,852
67$105,929,288$43,139,953$32,838,619$69,592,035
68$116,662,980$45,182,715$33,867,618$75,145,743
69$128,489,269$47,323,334$34,928,848$81,203,299
70$141,519,529$49,566,532$36,023,319$87,813,438
71$155,876,494$51,917,264$37,152,073$95,029,748
72$171,695,410$54,380,725$38,316,182$102,911,157
73$189,125,321$56,962,359$39,516,753$111,522,480
74$208,330,468$59,667,879$40,754,928$120,935,004
75$229,491,842$62,503,271$42,031,885$131,227,152
76$252,808,894$65,474,816$43,348,837$142,485,195
77$278,501,415$68,589,095$44,707,036$154,804,053
78$306,811,613$71,853,014$46,107,775$168,288,165
79$338,006,396$75,273,811$47,552,385$183,052,457
80$372,379,898$78,859,077$49,042,239$199,223,400
81$410,256,248$82,616,772$50,578,754$216,940,184
82$451,992,633$86,555,242$52,163,391$236,356,001
83$497,982,673$90,683,241$53,797,656$257,639,468
84$548,660,131$95,009,945$55,483,103$280,976,194
85$604,503,012$99,544,979$57,221,333$306,570,497
86$666,038,071$104,298,435$59,014,001$334,647,306
87$733,845,793$109,280,897$60,862,808$365,454,252
88$808,565,866$114,503,463$62,769,514$399,263,972
89$890,903,222$119,977,770$64,735,930$436,376,651
90$981,634,692$125,716,023$66,763,926$477,122,813
91$1,081,616,342$131,731,019$68,855,429$521,866,411
92$1,191,791,550$138,036,180$71,012,427$571,008,215
93$1,313,199,915$144,645,580$73,236,970$624,989,562
94$1,446,987,070$151,573,977$75,531,172$684,296,472
95$1,594,415,499$158,836,850$77,897,215$749,464,194
96$1,756,876,454$166,450,430$80,337,345$821,082,208
97$1,935,903,090$174,431,738$82,853,884$899,799,746
98$2,133,184,937$182,798,625$85,449,221$986,331,862
99$2,350,583,854$191,569,812$88,125,823$1,081,466,131
100$2,590,151,604$200,764,929$90,886,235$1,186,070,027