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

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 $19,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,517,263
2 years$788,998$774,304$760,063$746,255$732,861$710,995
3 years$520,774$506,016$491,811$478,133$464,957$443,650
4 years$386,688$371,975$357,912$344,468$331,612$311,027
5 years$306,257$291,633$277,755$264,584$252,086$232,285
6 years$252,655$238,140$224,467$211,590$199,467$180,472
7 years$214,382$199,990$186,533$173,960$162,220$144,038
8 years$185,691$171,428$158,195$145,931$134,577$117,206
9 years$163,387$149,259$136,253$124,301$113,333$96,765
10 years$145,554$131,565$118,789$107,148$96,566$80,787
11 years$130,973$117,124$104,580$93,251$83,050$68,046
12 years$118,831$105,124$92,812$81,794$71,969$57,722
13 years$108,565$95,002$82,921$72,212$62,759$49,249
14 years$99,774$86,354$74,505$64,101$55,014$42,221
15 years$92,161$78,886$67,268$57,167$48,438$36,340
16 years$85,506$72,376$60,988$51,187$42,810$31,383
17 years$79,641$66,656$55,497$45,991$37,958$27,179
18 years$74,433$61,593$50,662$41,447$33,751$23,595
19 years$69,778$57,084$46,378$37,451$30,083$20,525
20 years$65,595$53,045$42,564$33,919$26,871$17,886
21 years$61,814$49,409$39,150$30,784$24,046$15,611
22 years$58,382$46,122$36,083$27,990$21,554$13,642
23 years$55,253$43,137$33,316$25,491$19,348$11,935
24 years$52,389$40,416$30,812$23,249$17,390$10,453
25 years$49,758$37,929$28,538$21,232$15,649$9,162
26 years$47,334$35,647$26,468$19,414$14,096$8,036
27 years$45,093$33,548$24,578$17,770$12,709$7,054
28 years$43,015$31,612$22,848$16,281$11,467$6,195
29 years$41,085$29,822$21,262$14,930$10,355$5,443
30 years$39,286$28,164$19,805$13,702$9,356$4,785
31 years$37,607$26,624$18,463$12,584$8,459$4,208
32 years$36,036$25,192$17,227$11,565$7,652$3,702
33 years$34,563$23,857$16,085$10,635$6,925$3,257
34 years$33,180$22,611$15,029$9,785$6,269$2,867
35 years$31,879$21,446$14,051$9,008$5,678$2,524
36 years$30,653$20,356$13,144$8,296$5,145$2,222
37 years$29,496$19,333$12,303$7,644$4,663$1,957
38 years$28,402$18,374$11,521$7,045$4,228$1,724
39 years$27,367$17,471$10,794$6,496$3,834$1,519
40 years$26,386$16,623$10,117$5,992$3,477$1,338
41 years$25,456$15,823$9,487$5,528$3,155$1,179
42 years$24,572$15,070$8,899$5,102$2,863$1,039
43 years$23,731$14,358$8,350$4,710$2,598$916
44 years$22,931$13,686$7,838$4,349$2,358$807
45 years$22,169$13,051$7,360$4,016$2,141$711
46 years$21,442$12,450$6,912$3,710$1,944$627
47 years$20,748$11,881$6,494$3,427$1,765$553
48 years$20,085$11,342$6,103$3,167$1,603$487
49 years$19,450$10,831$5,736$2,927$1,456$430
50 years$18,844$10,347$5,393$2,705$1,322$379

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 $5,693 every year, while hoping to spend $25,894 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: 40/48/12 Blend
49$19,300,000$19,300,000$19,300,000$19,300,000
50$21,274,472$20,251,572$19,952,422$22,048,957
51$23,416,917$21,216,348$20,593,277$23,560,894
52$25,777,024$22,227,531$21,254,733$25,192,473
53$28,376,967$23,287,365$21,937,453$26,956,907
54$31,241,180$24,398,209$22,642,120$28,866,240
55$34,396,590$25,562,531$23,369,441$30,933,672
56$37,872,870$26,782,923$24,120,145$33,173,677
57$41,702,717$28,062,100$24,894,984$35,602,130
58$45,922,163$29,402,912$25,694,735$38,236,444
59$50,570,914$30,808,345$26,520,199$41,095,725
60$55,692,725$32,281,532$27,372,204$44,200,940
61$61,335,814$33,825,758$28,251,604$47,575,104
62$67,553,315$35,444,468$29,159,280$51,243,482
63$74,403,780$37,141,274$30,096,143$55,233,816
64$81,951,733$38,919,964$31,063,131$59,576,571
65$90,268,279$40,784,511$32,061,215$64,305,213
66$99,431,772$42,739,081$33,091,395$69,456,500
67$109,528,560$44,788,043$34,154,704$75,070,824
68$120,653,795$46,935,979$35,252,208$81,192,566
69$132,912,334$49,187,694$36,385,008$87,870,503
70$146,419,726$51,548,225$37,554,241$95,158,249
71$161,303,309$54,022,859$38,761,078$103,114,738
72$177,703,403$56,617,135$40,006,731$111,804,766
73$195,774,642$59,336,867$41,292,448$121,299,576
74$215,687,430$62,188,148$42,619,520$131,677,511
75$237,629,552$65,177,371$43,989,278$143,024,730
76$261,807,943$68,311,239$45,403,096$155,435,997
77$288,450,646$71,596,783$46,862,392$169,015,548
78$317,808,960$75,041,374$48,368,631$183,878,050
79$350,159,818$78,652,745$49,923,324$200,149,655
80$385,808,395$82,439,005$51,528,031$217,969,163
81$425,090,993$86,408,659$53,184,362$237,489,296
82$468,378,217$90,570,625$54,893,980$258,878,115
83$516,078,466$94,934,257$56,658,600$282,320,564
84$568,641,801$99,509,366$58,479,994$308,020,190
85$626,564,180$104,306,241$60,359,989$336,201,019
86$690,392,150$109,335,671$62,300,473$367,109,636
87$760,728,004$114,608,973$64,303,393$401,017,472
88$838,235,465$120,138,017$66,370,761$438,223,321
89$923,645,952$125,935,250$68,504,652$479,056,118
90$1,017,765,489$132,013,727$70,707,207$523,877,999
91$1,121,482,310$138,387,140$72,980,640$573,087,664
92$1,235,775,246$145,069,850$75,327,231$627,124,098
93$1,361,722,966$152,076,918$77,749,338$686,470,653
94$1,500,514,161$159,424,139$80,249,393$751,659,559
95$1,653,458,764$167,128,081$82,829,907$823,276,890
96$1,822,000,320$175,206,119$85,493,471$901,968,029
97$2,007,729,611$183,676,477$88,242,760$988,443,701
98$2,212,399,675$192,558,268$91,080,537$1,083,486,612
99$2,437,942,357$201,871,539$94,009,650$1,187,958,768
100$2,686,486,547$211,637,314$97,033,043$1,302,809,534