Can I retire at age 50 with 19,400,000?

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 $19,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,485,605
2 years$793,086$778,316$764,001$750,121$736,659$675,582
3 years$523,472$508,638$494,359$480,610$467,367$408,515
4 years$388,691$373,903$359,767$346,252$333,330$277,150
5 years$307,844$293,144$279,194$265,955$253,392$200,028
6 years$253,964$239,374$225,630$212,686$200,500$149,986
7 years$215,493$201,026$187,500$174,861$163,061$115,378
8 years$186,653$172,317$159,015$146,687$135,274$90,374
9 years$164,233$150,033$136,959$124,945$113,921$71,735
10 years$146,308$132,246$119,404$107,703$97,066$57,513
11 years$131,652$117,731$105,121$93,734$83,480$46,467
12 years$119,447$105,669$93,293$82,218$72,342$37,770
13 years$109,128$95,494$83,351$72,586$63,084$30,847
14 years$100,290$86,801$74,891$64,434$55,299$25,289
15 years$92,638$79,295$67,617$57,463$48,689$20,797
16 years$85,949$72,751$61,304$51,452$43,032$17,145
17 years$80,053$67,001$55,784$46,229$38,155$14,163
18 years$74,818$61,912$50,924$41,662$33,926$11,719
19 years$70,140$57,380$46,619$37,645$30,239$9,710
20 years$65,934$53,320$42,784$34,095$27,010$8,055
21 years$62,135$49,665$39,353$30,943$24,171$6,688
22 years$58,685$46,361$36,270$28,135$21,666$5,557
23 years$55,539$43,360$33,489$25,623$19,448$4,620
24 years$52,661$40,626$30,972$23,369$17,481$3,843
25 years$50,016$38,125$28,686$21,342$15,730$3,199
26 years$47,579$35,832$26,605$19,514$14,169$2,663
27 years$45,326$33,722$24,705$17,862$12,774$2,218
28 years$43,238$31,776$22,966$16,365$11,527$1,847
29 years$41,298$29,977$21,372$15,007$10,408$1,539
30 years$39,490$28,310$19,907$13,773$9,404$1,283
31 years$37,802$26,762$18,559$12,649$8,503$1,069
32 years$36,223$25,323$17,316$11,625$7,691$891
33 years$34,743$23,981$16,168$10,690$6,961$743
34 years$33,352$22,728$15,106$9,836$6,302$619
35 years$32,044$21,558$14,123$9,055$5,708$516
36 years$30,812$20,461$13,212$8,339$5,172$430
37 years$29,648$19,434$12,366$7,683$4,687$359
38 years$28,549$18,469$11,581$7,082$4,249$299
39 years$27,509$17,562$10,850$6,530$3,854$250
40 years$26,523$16,709$10,169$6,023$3,495$208
41 years$25,587$15,905$9,536$5,557$3,171$174
42 years$24,699$15,148$8,945$5,128$2,877$145
43 years$23,854$14,433$8,393$4,734$2,611$121
44 years$23,050$13,757$7,879$4,371$2,370$101
45 years$22,284$13,119$7,398$4,037$2,152$84
46 years$21,553$12,515$6,948$3,729$1,954$70
47 years$20,855$11,943$6,528$3,445$1,774$58
48 years$20,189$11,401$6,134$3,183$1,611$49
49 years$19,551$10,887$5,766$2,942$1,463$41
50 years$18,941$10,400$5,421$2,719$1,329$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,400,000, adding $3,901 every year, while hoping to spend $56,606 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: 58/17/25 Blend
49$19,400,000$19,400,000$19,400,000$19,400,000
50$21,382,824$20,354,624$20,053,924$22,478,013
51$23,503,644$21,291,772$20,665,502$24,163,569
52$25,838,890$22,272,943$21,295,671$25,994,101
53$28,410,374$23,300,235$21,944,993$27,988,805
54$31,242,131$24,375,846$22,614,049$30,163,585
55$34,360,645$25,502,079$23,303,437$32,535,934
56$37,795,100$26,681,350$24,013,771$35,125,095
57$41,577,654$27,916,189$24,745,686$37,952,237
58$45,743,742$29,209,251$25,499,835$41,040,653
59$50,332,415$30,563,315$26,276,890$44,415,970
60$55,386,701$31,981,297$27,077,546$48,106,390
61$60,954,017$33,466,252$27,902,515$52,142,949
62$67,086,611$35,021,383$28,752,534$56,559,804
63$73,842,061$36,650,047$29,628,360$61,394,552
64$81,283,815$38,355,763$30,530,773$66,688,573
65$89,481,788$40,142,220$31,460,578$72,487,422
66$98,513,026$42,013,284$32,418,603$78,841,247
67$108,462,429$43,973,009$33,405,701$85,805,256
68$119,423,555$46,025,645$34,422,750$93,440,232
69$131,499,501$48,175,645$35,470,656$101,813,100
70$144,803,879$50,427,680$36,550,351$110,997,549
71$159,461,883$52,786,645$37,662,796$121,074,721
72$175,611,476$55,257,671$38,808,981$132,133,966
73$193,404,688$57,846,139$39,989,923$144,273,679
74$213,009,054$60,557,688$41,206,674$157,602,219
75$234,609,195$63,398,231$42,460,314$172,238,921
76$258,408,555$66,373,967$43,751,958$188,315,215
77$284,631,331$69,491,395$45,082,752$205,975,852
78$313,524,581$72,757,328$46,453,878$225,380,263
79$345,360,560$76,178,908$47,866,554$246,704,050
80$380,439,287$79,763,624$49,322,033$270,140,634
81$419,091,380$83,519,328$50,821,608$295,903,067
82$461,681,177$87,454,251$52,366,608$324,226,030
83$508,610,171$91,577,023$53,958,403$355,368,037
84$560,320,804$95,896,693$55,598,405$389,613,855
85$617,300,642$100,422,747$57,288,067$427,277,187
86$680,086,977$105,165,132$59,028,888$468,703,608
87$749,271,902$110,134,276$60,822,408$514,273,819
88$825,507,894$115,341,114$62,670,217$564,407,218
89$909,513,981$120,797,110$64,573,951$619,565,847
90$1,002,082,523$126,514,285$66,535,295$680,258,731
91$1,104,086,698$132,505,242$68,555,984$747,046,664
92$1,216,488,738$138,783,196$70,637,807$820,547,489
93$1,340,349,021$145,362,004$72,782,605$901,441,901
94$1,476,836,072$152,256,194$74,992,274$990,479,859
95$1,627,237,604$159,481,000$77,268,768$1,088,487,637
96$1,792,972,666$167,052,395$79,614,098$1,196,375,604
97$1,975,605,045$174,987,129$82,030,337$1,315,146,793
98$2,176,858,025$183,302,763$84,519,618$1,445,906,342
99$2,398,630,658$192,017,714$87,084,140$1,589,871,902
100$2,643,015,693$201,151,290$89,726,167$1,748,385,104