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%12.2%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,493,238
2 years$772,646$758,256$744,310$730,788$717,673$703,694
3 years$509,981$495,529$481,618$468,223$455,321$441,671
4 years$378,674$364,266$350,494$337,328$324,739$311,523
5 years$299,910$285,589$271,998$259,101$246,861$234,118
6 years$247,418$233,205$219,815$207,205$195,333$183,078
7 years$209,939$195,845$182,667$170,354$158,858$147,098
8 years$181,842$167,875$154,916$142,906$131,788$120,522
9 years$160,000$146,166$133,429$121,724$110,985$100,208
10 years$142,537$128,838$116,327$104,928$94,564$84,272
11 years$128,259$114,697$102,412$91,318$81,329$71,512
12 years$116,368$102,946$90,888$80,099$70,478$61,127
13 years$106,315$93,033$81,203$70,715$61,458$52,562
14 years$97,706$84,564$72,961$62,773$53,874$45,422
15 years$90,251$77,251$65,874$55,982$47,435$39,415
16 years$83,734$70,876$59,724$50,126$41,923$34,321
17 years$77,990$65,274$54,347$45,038$37,172$29,975
18 years$72,890$60,317$49,612$40,588$33,051$26,246
19 years$68,332$55,901$45,417$36,675$29,459$23,032
20 years$64,235$51,946$41,681$33,216$26,314$20,249
21 years$60,533$48,385$38,339$30,146$23,548$17,832
22 years$57,172$45,166$35,335$27,409$21,107$15,725
23 years$54,108$42,243$32,626$24,962$18,947$13,885
24 years$51,303$39,579$30,173$22,767$17,030$12,274
25 years$48,727$37,143$27,947$20,792$15,324$10,860
26 years$46,353$34,908$25,919$19,011$13,804$9,616
27 years$44,158$32,853$24,068$17,402$12,445$8,522
28 years$42,124$30,957$22,374$15,944$11,230$7,557
29 years$40,233$29,204$20,821$14,621$10,140$6,705
30 years$38,472$27,580$19,394$13,418$9,162$5,952
31 years$36,828$26,073$18,081$12,323$8,283$5,286
32 years$35,289$24,670$16,870$11,326$7,493$4,696
33 years$33,847$23,363$15,751$10,415$6,781$4,174
34 years$32,493$22,143$14,717$9,582$6,140$3,711
35 years$31,218$21,002$13,759$8,821$5,561$3,300
36 years$30,018$19,934$12,872$8,124$5,038$2,936
37 years$28,884$18,933$12,048$7,485$4,566$2,612
38 years$27,813$17,993$11,282$6,899$4,140$2,324
39 years$26,800$17,109$10,570$6,362$3,754$2,069
40 years$25,839$16,278$9,907$5,868$3,405$1,841
41 years$24,928$15,495$9,290$5,414$3,089$1,639
42 years$24,062$14,757$8,714$4,996$2,803$1,460
43 years$23,239$14,061$8,177$4,612$2,544$1,300
44 years$22,456$13,403$7,676$4,258$2,309$1,158
45 years$21,709$12,781$7,207$3,933$2,096$1,031
46 years$20,997$12,192$6,769$3,633$1,903$918
47 years$20,318$11,635$6,360$3,356$1,728$818
48 years$19,668$11,107$5,976$3,101$1,570$729
49 years$19,047$10,607$5,617$2,866$1,426$649
50 years$18,453$10,132$5,281$2,649$1,295$578

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 $3,239 every year, while hoping to spend $29,410 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: 55/16/29 Blend
49$18,900,000$18,900,000$18,900,000$18,900,000
50$20,831,141$19,829,441$19,536,491$21,809,061
51$22,924,625$20,769,792$20,159,671$23,425,078
52$25,230,659$21,755,234$20,802,743$25,180,973
53$27,770,892$22,787,946$21,466,340$27,092,903
54$30,569,180$23,870,212$22,151,119$29,175,909
55$33,651,811$25,004,427$22,857,757$31,446,528
56$37,047,755$26,193,103$23,586,951$33,922,949
57$40,788,934$27,438,873$24,339,422$36,625,179
58$44,910,526$28,744,499$25,115,913$39,575,226
59$49,451,296$30,112,875$25,917,192$42,797,301
60$54,453,961$31,547,039$26,744,051$46,318,041
61$59,965,595$33,050,173$27,597,306$50,166,758
62$66,038,071$34,625,618$28,477,801$54,375,705
63$72,728,553$36,276,872$29,386,407$58,980,377
64$80,100,035$38,007,608$30,324,021$64,019,841
65$88,221,932$39,821,674$31,291,569$69,537,093
66$97,170,741$41,723,108$32,290,009$75,579,463
67$107,030,759$43,716,143$33,320,327$82,199,048
68$117,894,881$45,805,218$34,383,541$89,453,203
69$129,865,472$47,994,987$35,480,703$97,405,068
70$143,055,341$50,290,332$36,612,898$106,124,161
71$157,588,800$52,696,373$37,781,244$115,687,022
72$173,602,839$55,218,476$38,986,897$126,177,928
73$191,248,419$57,862,272$40,231,049$137,689,679
74$210,691,898$60,633,664$41,514,929$150,324,464
75$232,116,600$63,538,842$42,839,808$164,194,816
76$255,724,547$66,584,300$44,206,996$179,424,661
77$281,738,365$69,776,844$45,617,844$196,150,483
78$310,403,384$73,123,615$47,073,747$214,522,592
79$341,989,958$76,632,101$48,576,146$234,706,538
80$376,796,013$80,310,154$50,126,527$256,884,657
81$415,149,863$84,166,008$51,726,422$281,257,784
82$457,413,307$88,208,299$53,377,415$308,047,126
83$503,985,043$92,446,085$55,081,138$337,496,347
84$555,304,438$96,888,864$56,839,276$369,873,844
85$611,855,667$101,546,595$58,653,568$405,475,271
86$674,172,293$106,429,726$60,525,811$444,626,310
87$742,842,296$111,549,211$62,457,854$487,685,730
88$818,513,629$116,916,541$64,451,611$535,048,758
89$901,900,332$122,543,765$66,509,053$587,150,788
90$993,789,276$128,443,520$68,632,217$644,471,471
91$1,095,047,589$134,629,058$70,823,202$707,539,230
92$1,206,630,841$141,114,280$73,084,177$776,936,218
93$1,329,592,069$147,913,762$75,417,380$853,303,798
94$1,465,091,716$155,042,793$77,825,118$937,348,573
95$1,614,408,587$162,517,406$80,309,776$1,029,849,032
96$1,778,951,921$170,354,416$82,873,811$1,131,662,874
97$1,960,274,694$178,571,461$85,519,761$1,243,735,080
98$2,160,088,286$187,187,035$88,250,246$1,367,106,806
99$2,380,278,629$196,220,538$91,067,968$1,502,925,181
100$2,622,924,020$205,692,315$93,975,715$1,652,454,113