Can I retire at age 50 with 19,100,000?

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 $19,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,496,598
2 years$780,822$766,280$752,186$738,521$725,267$698,692
3 years$515,377$500,772$486,714$473,178$460,139$434,279
4 years$382,681$368,121$354,203$340,898$328,175$303,230
5 years$303,084$288,611$274,876$261,842$249,474$225,515
6 years$250,036$235,673$222,141$209,397$197,400$174,455
7 years$212,160$197,918$184,600$172,157$160,539$138,614
8 years$183,766$169,652$156,556$144,418$133,183$112,272
9 years$161,694$147,712$134,841$123,012$112,159$92,252
10 years$144,046$130,201$117,558$106,038$95,565$76,644
11 years$129,616$115,911$103,496$92,285$82,189$64,233
12 years$117,600$104,035$91,850$80,946$71,223$54,209
13 years$107,440$94,017$82,062$71,463$62,108$46,009
14 years$98,740$85,459$73,733$63,437$54,444$39,232
15 years$91,206$78,068$66,571$56,575$47,936$33,583
16 years$84,620$71,626$60,356$50,657$42,366$28,841
17 years$78,815$65,965$54,922$45,515$37,565$24,835
18 years$73,661$60,955$50,137$41,018$33,401$21,436
19 years$69,055$56,492$45,898$37,063$29,771$18,538
20 years$64,915$52,495$42,123$33,568$26,592$16,059
21 years$61,174$48,897$38,745$30,465$23,797$13,931
22 years$57,777$45,644$35,709$27,700$21,331$12,100
23 years$54,681$42,690$32,971$25,226$19,148$10,521
24 years$51,846$39,998$30,493$23,008$17,210$9,156
25 years$49,243$37,536$28,242$21,012$15,487$7,975
26 years$46,843$35,278$26,193$19,213$13,950$6,951
27 years$44,626$33,200$24,323$17,586$12,577$6,062
28 years$42,570$31,284$22,611$16,112$11,348$5,290
29 years$40,659$29,513$21,042$14,775$10,247$4,618
30 years$38,879$27,872$19,600$13,560$9,259$4,032
31 years$37,218$26,348$18,272$12,454$8,371$3,523
32 years$35,663$24,931$17,048$11,445$7,572$3,078
33 years$34,205$23,610$15,918$10,525$6,853$2,691
34 years$32,836$22,377$14,873$9,684$6,205$2,352
35 years$31,549$21,224$13,905$8,915$5,620$2,057
36 years$30,335$20,145$13,008$8,210$5,092$1,799
37 years$29,190$19,133$12,175$7,564$4,615$1,574
38 years$28,108$18,183$11,401$6,972$4,184$1,377
39 years$27,083$17,290$10,682$6,429$3,794$1,205
40 years$26,113$16,450$10,012$5,930$3,441$1,054
41 years$25,192$15,659$9,388$5,471$3,122$922
42 years$24,317$14,913$8,806$5,049$2,833$807
43 years$23,485$14,209$8,264$4,661$2,571$707
44 years$22,694$13,545$7,757$4,303$2,334$619
45 years$21,939$12,916$7,283$3,974$2,119$541
46 years$21,220$12,321$6,841$3,671$1,924$474
47 years$20,533$11,758$6,427$3,392$1,747$415
48 years$19,876$11,225$6,039$3,134$1,586$363
49 years$19,249$10,719$5,677$2,896$1,441$318
50 years$18,648$10,239$5,337$2,677$1,309$278

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,100,000, adding $6,984 every year, while hoping to spend $55,256 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: 62/26/12 Blend
49$19,100,000$19,100,000$19,100,000$19,100,000
50$21,055,404$20,043,104$19,747,054$22,300,904
51$23,144,263$20,966,424$20,349,788$24,059,953
52$25,444,334$21,933,135$20,970,862$25,972,288
53$27,977,102$22,945,304$21,610,832$28,058,357
54$30,766,242$24,005,100$22,270,270$30,334,999
55$33,837,841$25,114,792$22,949,767$32,820,730
56$37,220,647$26,276,764$23,649,931$35,535,916
57$40,946,337$27,493,509$24,371,387$38,502,960
58$45,049,817$28,767,644$25,114,781$41,746,503
59$49,569,550$30,101,910$25,880,779$45,293,656
60$54,547,922$31,499,182$26,670,063$49,174,248
61$60,031,641$32,962,472$27,483,341$53,421,101
62$66,072,173$34,494,939$28,321,338$58,070,329
63$72,726,235$36,099,891$29,184,802$63,161,680
64$80,056,324$37,780,798$30,074,506$68,738,897
65$88,131,311$39,541,299$30,991,244$74,850,125
66$97,027,087$41,385,205$31,935,833$81,548,359
67$106,827,283$43,316,514$32,909,117$88,891,933
68$117,624,058$45,339,415$33,911,965$96,945,064
69$129,518,966$47,458,301$34,945,270$105,778,448
70$142,623,919$49,677,775$36,009,954$115,469,916
71$157,062,238$52,002,665$37,106,967$126,105,162
72$172,969,822$54,438,032$38,237,286$137,778,539
73$190,496,427$56,989,179$39,401,918$150,593,939
74$209,807,082$59,661,668$40,601,902$164,665,760
75$231,083,645$62,461,330$41,838,306$180,119,980
76$254,526,518$65,394,277$43,112,231$197,095,325
77$280,356,544$68,466,917$44,424,811$215,744,571
78$308,817,084$71,685,969$45,777,215$236,235,972
79$340,176,320$75,058,475$47,170,646$258,754,830
80$374,729,786$78,591,821$48,606,344$283,505,233
81$412,803,152$82,293,749$50,085,584$310,711,963
82$454,755,307$86,172,375$51,609,684$340,622,604
83$500,981,737$90,236,211$53,179,998$373,509,858
84$551,918,267$94,494,178$54,797,920$409,674,105
85$608,045,169$98,955,632$56,464,890$449,446,217
86$669,891,700$103,630,381$58,182,387$493,190,661
87$738,041,093$108,528,709$59,951,936$541,308,920
88$813,136,068$113,661,399$61,775,110$594,243,263
89$895,884,896$119,039,757$63,653,525$652,480,894
90$987,068,086$124,675,637$65,588,849$716,558,527
91$1,087,545,755$130,581,466$67,582,799$787,067,431
92$1,198,265,742$136,770,278$69,637,143$864,658,984
93$1,320,272,563$143,255,737$71,753,703$950,050,793
94$1,454,717,267$150,052,171$73,934,355$1,044,033,441
95$1,602,868,303$157,174,602$76,181,030$1,147,477,922
96$1,766,123,495$164,638,784$78,495,721$1,261,343,828
97$1,946,023,241$172,461,233$80,880,476$1,386,688,380
98$2,144,265,047$180,659,269$83,337,408$1,524,676,370
99$2,362,719,562$189,251,053$85,868,691$1,676,591,122
100$2,603,448,231$198,255,628$88,476,566$1,843,846,571