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%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,490,909
2 years$793,086$778,316$764,001$750,121$736,659$680,780
3 years$523,472$508,638$494,359$480,610$467,367$413,441
4 years$388,691$373,903$359,767$346,252$333,330$281,768
5 years$307,844$293,144$279,194$265,955$253,392$204,329
6 years$253,964$239,374$225,630$212,686$200,500$153,973
7 years$215,493$201,026$187,500$174,861$163,061$119,056
8 years$186,653$172,317$159,015$146,687$135,274$93,756
9 years$164,233$150,033$136,959$124,945$113,921$74,832
10 years$146,308$132,246$119,404$107,703$97,066$60,339
11 years$131,652$117,731$105,121$93,734$83,480$49,037
12 years$119,447$105,669$93,293$82,218$72,342$40,100
13 years$109,128$95,494$83,351$72,586$63,084$32,952
14 years$100,290$86,801$74,891$64,434$55,299$27,186
15 years$92,638$79,295$67,617$57,463$48,689$22,501
16 years$85,949$72,751$61,304$51,452$43,032$18,671
17 years$80,053$67,001$55,784$46,229$38,155$15,527
18 years$74,818$61,912$50,924$41,662$33,926$12,935
19 years$70,140$57,380$46,619$37,645$30,239$10,791
20 years$65,934$53,320$42,784$34,095$27,010$9,013
21 years$62,135$49,665$39,353$30,943$24,171$7,536
22 years$58,685$46,361$36,270$28,135$21,666$6,306
23 years$55,539$43,360$33,489$25,623$19,448$5,280
24 years$52,661$40,626$30,972$23,369$17,481$4,424
25 years$50,016$38,125$28,686$21,342$15,730$3,708
26 years$47,579$35,832$26,605$19,514$14,169$3,110
27 years$45,326$33,722$24,705$17,862$12,774$2,609
28 years$43,238$31,776$22,966$16,365$11,527$2,189
29 years$41,298$29,977$21,372$15,007$10,408$1,837
30 years$39,490$28,310$19,907$13,773$9,404$1,542
31 years$37,802$26,762$18,559$12,649$8,503$1,295
32 years$36,223$25,323$17,316$11,625$7,691$1,087
33 years$34,743$23,981$16,168$10,690$6,961$913
34 years$33,352$22,728$15,106$9,836$6,302$767
35 years$32,044$21,558$14,123$9,055$5,708$644
36 years$30,812$20,461$13,212$8,339$5,172$541
37 years$29,648$19,434$12,366$7,683$4,687$455
38 years$28,549$18,469$11,581$7,082$4,249$382
39 years$27,509$17,562$10,850$6,530$3,854$321
40 years$26,523$16,709$10,169$6,023$3,495$270
41 years$25,587$15,905$9,536$5,557$3,171$227
42 years$24,699$15,148$8,945$5,128$2,877$190
43 years$23,854$14,433$8,393$4,734$2,611$160
44 years$23,050$13,757$7,879$4,371$2,370$134
45 years$22,284$13,119$7,398$4,037$2,152$113
46 years$21,553$12,515$6,948$3,729$1,954$95
47 years$20,855$11,943$6,528$3,445$1,774$80
48 years$20,189$11,401$6,134$3,183$1,611$67
49 years$19,551$10,887$5,766$2,942$1,463$56
50 years$18,941$10,400$5,421$2,719$1,329$47

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 $3,955 every year, while hoping to spend $20,411 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: 78/7/15 Blend
49$19,400,000$19,400,000$19,400,000$19,400,000
50$21,382,880$20,354,680$20,053,980$22,983,021
51$23,542,216$21,330,342$20,704,071$25,013,794
52$25,921,121$22,353,127$21,375,256$27,237,820
53$28,541,968$23,425,324$22,068,220$29,676,815
54$31,429,414$24,549,330$22,783,671$32,352,261
55$34,610,629$25,727,661$23,522,338$35,287,809
56$38,115,553$26,962,957$24,284,976$38,509,506
57$41,977,181$28,257,983$25,072,364$42,046,035
58$46,231,871$29,615,641$25,885,306$45,928,988
59$50,919,689$31,038,975$26,724,631$50,193,155
60$56,084,787$32,531,175$27,591,196$54,876,856
61$61,775,822$34,095,589$28,485,888$60,022,296
62$68,046,409$35,735,726$29,409,618$65,675,960
63$74,955,634$37,455,268$30,363,331$71,889,054
64$82,568,607$39,258,074$31,348,002$78,717,977
65$90,957,080$41,148,195$32,364,634$86,224,858
66$100,200,121$43,129,875$33,414,268$94,478,133
67$110,384,862$45,207,568$34,497,976$103,553,192
68$121,607,324$47,385,945$35,616,864$113,533,084
69$133,973,318$49,669,903$36,772,075$124,509,297
70$147,599,447$52,064,579$37,964,791$136,582,620
71$162,614,209$54,575,362$39,196,230$149,864,088
72$179,159,204$57,207,900$40,467,649$164,476,025
73$197,390,477$59,968,121$41,780,349$180,553,198
74$217,479,986$62,862,240$43,135,672$198,244,080
75$239,617,229$65,896,774$44,535,001$217,712,248
76$264,011,031$69,078,560$45,979,768$239,137,924
77$290,891,515$72,414,769$47,471,449$262,719,670
78$320,512,276$75,912,919$49,011,569$288,676,253
79$353,152,775$79,580,899$50,601,703$317,248,709
80$389,120,974$83,426,979$52,243,477$348,702,611
81$428,756,248$87,459,835$53,938,567$383,330,569
82$472,432,585$91,688,567$55,688,709$421,454,986
83$520,562,120$96,122,717$57,495,692$463,431,093
84$573,599,021$100,772,296$59,361,363$509,650,299
85$632,043,783$105,647,800$61,287,630$560,543,873
86$696,447,946$110,760,240$63,276,463$616,587,014
87$767,419,309$116,121,164$65,329,897$678,303,323
88$845,627,661$121,742,684$67,450,032$746,269,741
89$931,811,111$127,637,503$69,639,035$821,121,983
90$1,026,783,049$133,818,945$71,899,148$903,560,535
91$1,131,439,831$140,300,985$74,232,681$994,357,253
92$1,246,769,241$147,098,280$76,642,022$1,094,362,642
93$1,373,859,810$154,226,203$79,129,637$1,204,513,872
94$1,513,911,101$161,700,877$81,698,070$1,325,843,618
95$1,668,245,027$169,539,214$84,349,949$1,459,489,793
96$1,838,318,336$177,758,951$87,087,989$1,606,706,282
97$2,025,736,361$186,378,695$89,914,991$1,768,874,766
98$2,232,268,175$195,417,956$92,833,848$1,947,517,752
99$2,459,863,296$204,897,202$95,847,549$2,144,312,932
100$2,710,670,087$214,837,900$98,959,177$2,361,109,010