Can I retire at age 50 with 18,900,000?

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 $18,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,479,711
2 years$772,646$758,256$744,310$730,788$717,673$690,164
3 years$509,981$495,529$481,618$468,223$455,321$428,562
4 years$378,674$364,266$350,494$337,328$324,739$298,936
5 years$299,910$285,589$271,998$259,101$246,861$222,088
6 years$247,418$233,205$219,815$207,205$195,333$171,617
7 years$209,939$195,845$182,667$170,354$158,858$136,206
8 years$181,842$167,875$154,916$142,906$131,788$110,195
9 years$160,000$146,166$133,429$121,724$110,985$90,437
10 years$142,537$128,838$116,327$104,928$94,564$75,044
11 years$128,259$114,697$102,412$91,318$81,329$62,813
12 years$116,368$102,946$90,888$80,099$70,478$52,942
13 years$106,315$93,033$81,203$70,715$61,458$44,875
14 years$97,706$84,564$72,961$62,773$53,874$38,213
15 years$90,251$77,251$65,874$55,982$47,435$32,666
16 years$83,734$70,876$59,724$50,126$41,923$28,013
17 years$77,990$65,274$54,347$45,038$37,172$24,089
18 years$72,890$60,317$49,612$40,588$33,051$20,761
19 years$68,332$55,901$45,417$36,675$29,459$17,928
20 years$64,235$51,946$41,681$33,216$26,314$15,507
21 years$60,533$48,385$38,339$30,146$23,548$13,432
22 years$57,172$45,166$35,335$27,409$21,107$11,649
23 years$54,108$42,243$32,626$24,962$18,947$10,113
24 years$51,303$39,579$30,173$22,767$17,030$8,788
25 years$48,727$37,143$27,947$20,792$15,324$7,642
26 years$46,353$34,908$25,919$19,011$13,804$6,650
27 years$44,158$32,853$24,068$17,402$12,445$5,790
28 years$42,124$30,957$22,374$15,944$11,230$5,044
29 years$40,233$29,204$20,821$14,621$10,140$4,396
30 years$38,472$27,580$19,394$13,418$9,162$3,833
31 years$36,828$26,073$18,081$12,323$8,283$3,343
32 years$35,289$24,670$16,870$11,326$7,493$2,916
33 years$33,847$23,363$15,751$10,415$6,781$2,545
34 years$32,493$22,143$14,717$9,582$6,140$2,221
35 years$31,218$21,002$13,759$8,821$5,561$1,939
36 years$30,018$19,934$12,872$8,124$5,038$1,693
37 years$28,884$18,933$12,048$7,485$4,566$1,478
38 years$27,813$17,993$11,282$6,899$4,140$1,291
39 years$26,800$17,109$10,570$6,362$3,754$1,128
40 years$25,839$16,278$9,907$5,868$3,405$985
41 years$24,928$15,495$9,290$5,414$3,089$861
42 years$24,062$14,757$8,714$4,996$2,803$752
43 years$23,239$14,061$8,177$4,612$2,544$657
44 years$22,456$13,403$7,676$4,258$2,309$574
45 years$21,709$12,781$7,207$3,933$2,096$502
46 years$20,997$12,192$6,769$3,633$1,903$438
47 years$20,318$11,635$6,360$3,356$1,728$383
48 years$19,668$11,107$5,976$3,101$1,570$335
49 years$19,047$10,607$5,617$2,866$1,426$293
50 years$18,453$10,132$5,281$2,649$1,295$256

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,900,000, adding $2,353 every year, while hoping to spend $41,185 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: 55/15/30 Blend
49$18,900,000$18,900,000$18,900,000$18,900,000
50$20,830,227$19,828,527$19,535,577$21,802,047
51$22,911,090$20,756,304$20,146,198$23,401,966
52$25,202,820$21,728,162$20,775,895$25,139,244
53$27,726,883$22,746,218$21,425,263$27,030,711
54$30,506,932$23,812,689$22,094,916$29,091,241
55$33,569,030$24,929,902$22,785,487$31,337,196
56$36,941,901$26,100,297$23,497,630$33,786,569
57$40,657,192$27,326,428$24,232,018$36,459,154
58$44,749,780$28,610,978$24,989,345$39,376,727
59$49,258,097$29,956,755$25,770,327$42,563,246
60$54,224,493$31,366,707$26,575,704$46,045,071
61$59,695,637$32,843,921$27,406,236$49,851,212
62$65,722,955$34,391,636$28,262,708$54,013,590
63$72,363,118$36,013,248$29,145,930$58,567,339
64$79,678,575$37,712,317$30,056,738$63,551,129
65$87,738,143$39,492,573$30,995,992$69,007,524
66$96,617,656$41,357,932$31,964,580$74,983,379
67$106,400,681$43,312,495$32,963,418$81,530,272
68$117,179,308$45,360,564$33,993,450$88,704,989
69$129,055,016$47,506,650$35,055,649$96,570,049
70$142,139,634$49,755,483$36,151,019$105,194,287
71$156,556,395$52,112,019$37,280,596$114,653,495
72$172,441,098$54,581,459$38,445,447$125,031,131
73$189,943,394$57,169,254$39,646,674$136,419,096
74$209,228,193$59,881,121$40,885,410$148,918,596
75$230,477,224$62,723,051$42,162,827$162,641,082
76$253,890,751$65,701,331$43,480,132$177,709,297
77$279,689,460$68,822,549$44,838,569$194,258,422
78$308,116,547$72,093,615$46,239,422$212,437,343
79$339,440,007$75,521,775$47,684,015$232,410,044
80$373,955,170$79,114,624$49,173,712$254,357,141
81$411,987,487$82,880,131$50,709,921$278,477,582
82$453,895,600$86,826,647$52,294,094$304,990,504
83$500,074,731$90,962,932$53,927,725$334,137,292
84$550,960,409$95,298,171$55,612,359$366,183,846
85$607,032,585$99,841,996$57,349,588$401,423,073
86$668,820,161$104,604,505$59,141,051$440,177,638
87$736,905,982$109,596,291$60,988,441$482,802,995
88$811,932,341$114,828,458$62,893,503$529,690,727
89$894,607,041$120,312,653$64,858,036$581,272,224
90$985,710,074$126,061,088$66,883,895$638,022,736
91$1,086,100,990$132,086,570$68,972,994$700,465,844
92$1,196,727,006$138,402,527$71,127,304$769,178,384
93$1,318,631,953$145,023,044$73,348,861$844,795,866
94$1,452,966,127$151,962,887$75,639,763$928,018,460
95$1,600,997,148$159,237,545$78,002,171$1,019,617,579
96$1,764,121,931$166,863,258$80,438,317$1,120,443,140
97$1,943,879,868$174,857,058$82,950,501$1,231,431,563
98$2,141,967,366$183,236,805$85,541,095$1,353,614,584
99$2,360,253,859$192,021,231$88,212,543$1,488,128,976
100$2,600,799,458$201,229,976$90,967,368$1,636,227,242