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

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 $18,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,483,978
2 years$772,646$758,256$744,310$730,788$717,673$694,421
3 years$509,981$495,529$481,618$468,223$455,321$432,676
4 years$378,674$364,266$350,494$337,328$324,739$302,874
5 years$299,910$285,589$271,998$259,101$246,861$225,841
6 years$247,418$233,205$219,815$207,205$195,333$175,181
7 years$209,939$195,845$182,667$170,354$158,858$139,581
8 years$181,842$167,875$154,916$142,906$131,788$113,383
9 years$160,000$146,166$133,429$121,724$110,985$93,442
10 years$142,537$128,838$116,327$104,928$94,564$77,870
11 years$128,259$114,697$102,412$91,318$81,329$65,466
12 years$116,368$102,946$90,888$80,099$70,478$55,428
13 years$106,315$93,033$81,203$70,715$61,458$47,198
14 years$97,706$84,564$72,961$62,773$53,874$40,382
15 years$90,251$77,251$65,874$55,982$47,435$34,686
16 years$83,734$70,876$59,724$50,126$41,923$29,892
17 years$77,990$65,274$54,347$45,038$37,172$25,833
18 years$72,890$60,317$49,612$40,588$33,051$22,377
19 years$68,332$55,901$45,417$36,675$29,459$19,423
20 years$64,235$51,946$41,681$33,216$26,314$16,889
21 years$60,533$48,385$38,339$30,146$23,548$14,707
22 years$57,172$45,166$35,335$27,409$21,107$12,823
23 years$54,108$42,243$32,626$24,962$18,947$11,193
24 years$51,303$39,579$30,173$22,767$17,030$9,779
25 years$48,727$37,143$27,947$20,792$15,324$8,551
26 years$46,353$34,908$25,919$19,011$13,804$7,483
27 years$44,158$32,853$24,068$17,402$12,445$6,552
28 years$42,124$30,957$22,374$15,944$11,230$5,740
29 years$40,233$29,204$20,821$14,621$10,140$5,032
30 years$38,472$27,580$19,394$13,418$9,162$4,412
31 years$36,828$26,073$18,081$12,323$8,283$3,870
32 years$35,289$24,670$16,870$11,326$7,493$3,396
33 years$33,847$23,363$15,751$10,415$6,781$2,981
34 years$32,493$22,143$14,717$9,582$6,140$2,617
35 years$31,218$21,002$13,759$8,821$5,561$2,298
36 years$30,018$19,934$12,872$8,124$5,038$2,019
37 years$28,884$18,933$12,048$7,485$4,566$1,773
38 years$27,813$17,993$11,282$6,899$4,140$1,558
39 years$26,800$17,109$10,570$6,362$3,754$1,369
40 years$25,839$16,278$9,907$5,868$3,405$1,203
41 years$24,928$15,495$9,290$5,414$3,089$1,057
42 years$24,062$14,757$8,714$4,996$2,803$929
43 years$23,239$14,061$8,177$4,612$2,544$817
44 years$22,456$13,403$7,676$4,258$2,309$718
45 years$21,709$12,781$7,207$3,933$2,096$631
46 years$20,997$12,192$6,769$3,633$1,903$555
47 years$20,318$11,635$6,360$3,356$1,728$488
48 years$19,668$11,107$5,976$3,101$1,570$429
49 years$19,047$10,607$5,617$2,866$1,426$377
50 years$18,453$10,132$5,281$2,649$1,295$332

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 $4,091 every year, while hoping to spend $52,267 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: 55/29/16 Blend
49$18,900,000$18,900,000$18,900,000$18,900,000
50$20,832,020$19,830,320$19,537,370$21,889,249
51$22,901,274$20,746,394$20,136,260$23,525,663
52$25,179,841$21,705,604$20,753,461$25,300,696
53$27,689,014$22,710,008$21,389,532$27,232,373
54$30,452,259$23,761,764$22,045,047$29,335,668
55$33,495,433$24,863,134$22,720,599$31,627,038
56$36,847,027$26,016,487$23,416,799$34,124,575
57$40,538,438$27,224,309$24,134,276$36,848,167
58$44,604,263$28,489,205$24,873,679$39,819,685
59$49,082,626$29,813,904$25,635,675$43,063,176
60$54,015,537$31,201,268$26,420,953$46,605,086
61$59,449,288$32,654,297$27,230,222$50,474,505
62$65,434,894$34,176,136$28,064,213$54,703,429
63$72,028,567$35,770,081$28,923,678$59,327,056
64$79,292,254$37,439,587$29,809,394$64,384,111
65$87,294,215$39,188,278$30,722,160$69,917,202
66$96,109,671$41,019,950$31,662,799$75,973,212
67$105,821,515$42,938,585$32,632,160$82,603,733
68$116,521,090$44,948,356$33,631,117$89,865,543
69$128,309,053$47,053,638$34,660,572$97,821,130
70$141,296,327$49,259,016$35,721,451$106,539,274
71$155,605,145$51,569,301$36,814,713$116,095,681
72$171,370,206$53,989,532$37,941,341$126,573,689
73$188,739,942$56,524,995$39,102,352$138,065,038
74$207,877,926$59,181,230$40,298,790$150,670,729
75$228,964,409$61,964,045$41,531,735$164,501,956
76$252,198,026$64,879,530$42,802,295$179,681,150
77$277,797,669$67,934,071$44,111,616$196,343,112
78$306,004,551$71,134,360$45,460,875$214,636,274
79$337,084,488$74,487,417$46,851,287$234,724,082
80$371,330,404$78,000,599$48,284,103$256,786,524
81$409,065,097$81,681,620$49,760,613$281,021,806
82$450,644,288$85,538,570$51,282,144$307,648,213
83$496,459,974$89,579,929$52,850,065$336,906,140
84$546,944,134$93,814,588$54,465,785$369,060,348
85$602,572,804$98,251,871$56,130,757$404,402,440
86$663,870,570$102,901,552$57,846,477$443,253,587
87$731,415,521$107,773,881$59,614,486$485,967,543
88$805,844,706$112,879,604$61,436,374$532,933,957
89$887,860,150$118,229,989$63,313,777$584,582,023
90$978,235,477$123,836,849$65,248,380$641,384,508
91$1,077,823,215$129,712,574$67,241,920$703,862,187
92$1,187,562,845$135,870,153$69,296,187$772,588,726
93$1,308,489,671$142,323,206$71,413,024$848,196,070
94$1,441,744,588$149,086,013$73,594,331$931,380,378
95$1,588,584,859$156,173,551$75,842,064$1,022,908,554
96$1,750,395,981$163,601,521$78,158,239$1,123,625,460
97$1,928,704,764$171,386,389$80,544,934$1,234,461,847
98$2,125,193,748$179,545,420$83,004,287$1,356,443,110
99$2,341,717,083$188,096,719$85,538,503$1,490,698,921
100$2,580,318,035$197,059,268$88,149,853$1,638,473,855