Can I retire at age 50 with 19,200,000?

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 $19,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$1,585,518$1,571,395$1,557,616$1,544,167$1,531,035$1,501,351
2 years$784,910$770,292$756,124$742,388$729,064$699,278
3 years$518,075$503,394$489,263$475,655$462,548$433,589
4 years$384,684$370,048$356,058$342,683$329,893$301,985
5 years$304,671$290,122$276,316$263,213$250,780$224,001
6 years$251,346$236,907$223,304$210,494$198,433$172,813
7 years$213,271$198,954$185,567$173,059$161,380$136,925
8 years$184,728$170,540$157,375$145,175$133,880$110,584
9 years$162,540$148,486$135,547$123,656$112,746$90,594
10 years$144,800$130,883$118,173$106,593$96,065$75,036
11 years$130,295$116,517$104,038$92,768$82,619$62,687
12 years$118,216$104,580$92,331$81,370$71,596$52,734
13 years$108,003$94,510$82,492$71,837$62,433$44,609
14 years$99,257$85,907$74,119$63,769$54,729$37,910
15 years$91,683$78,477$66,919$56,871$48,187$32,340
16 years$85,063$72,001$60,672$50,922$42,588$27,675
17 years$79,228$66,311$55,209$45,753$37,762$23,747
18 years$74,047$61,274$50,399$41,233$33,576$20,422
19 years$69,417$56,788$46,138$37,257$29,927$17,596
20 years$65,255$52,770$42,343$33,743$26,731$15,186
21 years$61,494$49,153$38,947$30,624$23,921$13,124
22 years$58,080$45,883$35,896$27,845$21,442$11,355
23 years$54,967$42,913$33,144$25,359$19,248$9,835
24 years$52,118$40,207$30,652$23,128$17,300$8,526
25 years$49,501$37,732$28,390$21,122$15,568$7,397
26 years$47,089$35,462$26,330$19,313$14,023$6,421
27 years$44,859$33,374$24,450$17,678$12,643$5,577
28 years$42,793$31,448$22,730$16,197$11,408$4,847
29 years$40,872$29,668$21,152$14,853$10,301$4,214
30 years$39,083$28,018$19,702$13,631$9,308$3,665
31 years$37,412$26,486$18,368$12,519$8,415$3,188
32 years$35,850$25,062$17,137$11,505$7,612$2,775
33 years$34,384$23,734$16,001$10,580$6,889$2,415
34 years$33,008$22,494$14,951$9,735$6,237$2,103
35 years$31,714$21,335$13,978$8,961$5,649$1,831
36 years$30,494$20,250$13,076$8,253$5,118$1,595
37 years$29,343$19,233$12,239$7,604$4,639$1,389
38 years$28,255$18,278$11,461$7,009$4,206$1,210
39 years$27,225$17,381$10,738$6,463$3,814$1,054
40 years$26,249$16,537$10,065$5,961$3,459$918
41 years$25,324$15,741$9,437$5,500$3,138$800
42 years$24,444$14,991$8,853$5,075$2,848$697
43 years$23,608$14,284$8,307$4,685$2,584$608
44 years$22,812$13,615$7,798$4,326$2,346$530
45 years$22,054$12,984$7,322$3,995$2,130$462
46 years$21,331$12,386$6,877$3,690$1,934$402
47 years$20,640$11,820$6,460$3,410$1,756$351
48 years$19,980$11,284$6,071$3,151$1,595$306
49 years$19,350$10,775$5,706$2,912$1,448$267
50 years$18,746$10,293$5,365$2,691$1,315$232

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,200,000, adding $6,442 every year, while hoping to spend $46,431 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: 60/25/15 Blend
49$19,200,000$19,200,000$19,200,000$19,200,000
50$21,165,045$20,147,445$19,849,845$22,354,696
51$23,274,477$21,085,268$20,465,413$24,095,223
52$25,597,516$22,067,487$21,100,045$25,987,309
53$28,155,899$23,096,231$21,754,333$28,050,257
54$30,973,581$24,173,726$22,428,884$30,300,584
55$34,076,959$25,302,312$23,124,325$32,756,454
56$37,495,120$26,484,436$23,841,300$35,437,841
57$41,260,116$27,722,667$24,580,478$38,366,716
58$45,407,267$29,019,697$25,342,543$41,567,245
59$49,975,494$30,378,349$26,128,204$45,066,012
60$55,007,686$31,801,579$26,938,191$48,892,264
61$60,551,104$33,292,491$27,773,254$53,078,181
62$66,657,829$34,854,335$28,634,171$57,659,172
63$73,385,251$36,490,521$29,521,739$62,674,200
64$80,796,613$38,204,622$30,436,783$68,166,147
65$88,961,604$40,000,385$31,380,152$74,182,206
66$97,957,022$41,881,739$32,352,721$80,774,323
67$107,867,494$43,852,800$33,355,394$87,999,672
68$118,786,279$45,917,888$34,389,100$95,921,192
69$130,816,143$48,081,528$35,454,798$104,608,170
70$144,070,334$50,348,467$36,553,478$114,136,882
71$158,673,647$52,723,681$37,686,159$124,591,307
72$174,763,605$55,212,387$38,853,891$136,063,904
73$192,491,753$57,820,054$40,057,757$148,656,480
74$212,025,094$60,552,419$41,298,873$162,481,133
75$233,547,659$63,415,493$42,578,392$177,661,302
76$257,262,251$66,415,583$43,897,498$194,332,914
77$283,392,352$69,559,298$45,257,415$212,645,663
78$312,184,237$72,853,569$46,659,405$232,764,397
79$343,909,300$76,305,665$48,104,765$254,870,670
80$378,866,611$79,923,204$49,594,837$279,164,433
81$417,385,742$83,714,178$51,131,001$305,865,909
82$459,829,879$87,686,964$52,714,680$335,217,655
83$506,599,247$91,850,346$54,347,343$367,486,831
84$558,134,893$96,213,536$56,030,502$402,967,708
85$614,922,844$100,786,191$57,765,716$441,984,422
86$677,498,700$105,578,439$59,554,592$484,894,015
87$746,452,684$110,600,900$61,398,789$532,089,789
88$822,435,223$115,864,709$63,300,013$584,004,987
89$906,163,078$121,381,542$65,260,025$641,116,870
90$998,426,117$127,163,643$67,280,642$703,951,190
91$1,100,094,770$133,223,851$69,363,732$773,087,134
92$1,212,128,245$139,575,628$71,511,226$849,162,758
93$1,335,583,584$146,233,092$73,725,110$932,880,992
94$1,471,625,644$153,211,047$76,007,435$1,025,016,237
95$1,621,538,088$160,525,017$78,360,312$1,126,421,651
96$1,786,735,510$168,191,280$80,785,920$1,238,037,172
97$1,968,776,786$176,226,906$83,286,502$1,360,898,353
98$2,169,379,791$184,649,798$85,864,373$1,496,146,106
99$2,390,437,618$193,478,726$88,521,918$1,645,037,438
100$2,634,036,447$202,733,376$91,261,594$1,808,957,275