Can I retire at age 50 with 19,300,000?

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 $19,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,529,951
2 years$788,998$774,304$760,063$746,255$732,861$723,723
3 years$520,774$506,016$491,811$478,133$464,957$456,022
4 years$386,688$371,975$357,912$344,468$331,612$322,947
5 years$306,257$291,633$277,755$264,584$252,086$243,718
6 years$252,655$238,140$224,467$211,590$199,467$191,407
7 years$214,382$199,990$186,533$173,960$162,220$154,472
8 years$185,691$171,428$158,195$145,931$134,577$127,141
9 years$163,387$149,259$136,253$124,301$113,333$106,207
10 years$145,554$131,565$118,789$107,148$96,566$89,746
11 years$130,973$117,124$104,580$93,251$83,050$76,532
12 years$118,831$105,124$92,812$81,794$71,969$65,748
13 years$108,565$95,002$82,921$72,212$62,759$56,828
14 years$99,774$86,354$74,505$64,101$55,014$49,366
15 years$92,161$78,886$67,268$57,167$48,438$43,067
16 years$85,506$72,376$60,988$51,187$42,810$37,707
17 years$79,641$66,656$55,497$45,991$37,958$33,116
18 years$74,433$61,593$50,662$41,447$33,751$29,160
19 years$69,778$57,084$46,378$37,451$30,083$25,736
20 years$65,595$53,045$42,564$33,919$26,871$22,758
21 years$61,814$49,409$39,150$30,784$24,046$20,160
22 years$58,382$46,122$36,083$27,990$21,554$17,886
23 years$55,253$43,137$33,316$25,491$19,348$15,889
24 years$52,389$40,416$30,812$23,249$17,390$14,131
25 years$49,758$37,929$28,538$21,232$15,649$12,581
26 years$47,334$35,647$26,468$19,414$14,096$11,210
27 years$45,093$33,548$24,578$17,770$12,709$9,997
28 years$43,015$31,612$22,848$16,281$11,467$8,922
29 years$41,085$29,822$21,262$14,930$10,355$7,967
30 years$39,286$28,164$19,805$13,702$9,356$7,119
31 years$37,607$26,624$18,463$12,584$8,459$6,364
32 years$36,036$25,192$17,227$11,565$7,652$5,691
33 years$34,563$23,857$16,085$10,635$6,925$5,092
34 years$33,180$22,611$15,029$9,785$6,269$4,557
35 years$31,879$21,446$14,051$9,008$5,678$4,080
36 years$30,653$20,356$13,144$8,296$5,145$3,654
37 years$29,496$19,333$12,303$7,644$4,663$3,273
38 years$28,402$18,374$11,521$7,045$4,228$2,932
39 years$27,367$17,471$10,794$6,496$3,834$2,628
40 years$26,386$16,623$10,117$5,992$3,477$2,355
41 years$25,456$15,823$9,487$5,528$3,155$2,111
42 years$24,572$15,070$8,899$5,102$2,863$1,893
43 years$23,731$14,358$8,350$4,710$2,598$1,697
44 years$22,931$13,686$7,838$4,349$2,358$1,522
45 years$22,169$13,051$7,360$4,016$2,141$1,365
46 years$21,442$12,450$6,912$3,710$1,944$1,224
47 years$20,748$11,881$6,494$3,427$1,765$1,098
48 years$20,085$11,342$6,103$3,167$1,603$985
49 years$19,450$10,831$5,736$2,927$1,456$884
50 years$18,844$10,347$5,393$2,705$1,322$793

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,300,000, adding $6,640 every year, while hoping to spend $43,884 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: 36/35/29 Blend
49$19,300,000$19,300,000$19,300,000$19,300,000
50$21,275,449$20,252,549$19,953,399$21,856,017
51$23,398,853$21,198,232$20,575,146$23,235,372
52$25,737,373$22,188,782$21,216,250$24,719,033
53$28,312,905$23,226,352$21,877,314$26,319,969
54$31,149,576$24,313,198$22,558,959$28,048,767
55$34,273,973$25,451,686$23,261,825$29,917,036
56$37,715,394$26,644,294$23,986,572$31,937,506
57$41,506,122$27,893,623$24,733,880$34,124,143
58$45,681,733$29,202,397$25,504,452$36,492,273
59$50,281,429$30,573,473$26,299,010$39,058,712
60$55,348,409$32,009,847$27,118,301$41,841,922
61$60,930,276$33,514,659$27,963,093$44,862,173
62$67,079,488$35,091,202$28,834,181$48,141,722
63$73,853,851$36,742,926$29,732,381$51,705,013
64$81,317,066$38,473,451$30,658,537$55,578,900
65$89,539,326$40,286,570$31,613,519$59,792,885
66$98,597,987$42,186,261$32,598,221$64,379,383
67$108,578,290$44,176,696$33,613,569$69,374,020
68$119,574,167$46,262,246$34,660,515$74,815,954
69$131,689,132$48,447,496$35,740,043$80,748,226
70$145,037,253$50,737,252$36,853,163$87,218,159
71$159,744,231$53,136,556$38,000,923$94,277,785
72$175,948,585$55,650,690$39,184,397$101,984,320
73$193,802,963$58,285,196$40,404,696$110,400,689
74$213,475,578$61,045,883$41,662,966$119,596,102
75$235,151,798$63,938,842$42,960,386$129,646,689
76$259,035,895$66,970,460$44,298,173$140,636,198
77$285,352,978$70,147,434$45,677,583$152,656,770
78$314,351,108$73,476,784$47,099,909$165,809,781
79$346,303,650$76,965,876$48,566,484$180,206,784
80$381,511,846$80,622,427$50,078,685$195,970,535
81$420,307,662$84,454,534$51,637,929$213,236,128
82$463,056,923$88,470,685$53,245,679$232,152,248
83$510,162,761$92,679,781$54,903,441$252,882,547
84$562,069,427$97,091,154$56,612,771$275,607,159
85$619,266,479$101,714,592$58,375,269$300,524,376
86$682,293,409$106,560,356$60,192,590$327,852,489
87$751,744,731$111,639,208$62,066,436$357,831,814
88$828,275,596$116,962,431$63,998,564$390,726,934
89$912,607,975$122,541,859$65,990,784$426,829,155
90$1,005,537,478$128,389,899$68,044,965$466,459,228
91$1,107,940,859$134,519,563$70,163,030$509,970,333
92$1,220,784,301$140,944,495$72,346,965$557,751,378
93$1,345,132,527$147,679,003$74,598,816$610,230,629
94$1,482,158,862$154,738,092$76,920,694$667,879,706
95$1,633,156,302$162,137,494$79,314,773$731,217,997
96$1,799,549,724$169,893,710$81,783,297$800,817,510
97$1,982,909,336$178,024,042$84,328,578$877,308,223
98$2,184,965,503$186,546,635$86,953,000$961,383,984
99$2,407,625,081$195,480,517$89,659,022$1,053,809,004
100$2,652,989,418$204,845,641$92,449,178$1,155,425,015