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%19.6%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,487,367
2 years$793,086$778,316$764,001$750,121$736,659$677,307
3 years$523,472$508,638$494,359$480,610$467,367$410,148
4 years$388,691$373,903$359,767$346,252$333,330$278,680
5 years$307,844$293,144$279,194$265,955$253,392$201,451
6 years$253,964$239,374$225,630$212,686$200,500$151,303
7 years$215,493$201,026$187,500$174,861$163,061$116,591
8 years$186,653$172,317$159,015$146,687$135,274$91,488
9 years$164,233$150,033$136,959$124,945$113,921$72,753
10 years$146,308$132,246$119,404$107,703$97,066$58,440
11 years$131,652$117,731$105,121$93,734$83,480$47,309
12 years$119,447$105,669$93,293$82,218$72,342$38,531
13 years$109,128$95,494$83,351$72,586$63,084$31,534
14 years$100,290$86,801$74,891$64,434$55,299$25,907
15 years$92,638$79,295$67,617$57,463$48,689$21,350
16 years$85,949$72,751$61,304$51,452$43,032$17,640
17 years$80,053$67,001$55,784$46,229$38,155$14,604
18 years$74,818$61,912$50,924$41,662$33,926$12,111
19 years$70,140$57,380$46,619$37,645$30,239$10,058
20 years$65,934$53,320$42,784$34,095$27,010$8,362
21 years$62,135$49,665$39,353$30,943$24,171$6,959
22 years$58,685$46,361$36,270$28,135$21,666$5,796
23 years$55,539$43,360$33,489$25,623$19,448$4,831
24 years$52,661$40,626$30,972$23,369$17,481$4,028
25 years$50,016$38,125$28,686$21,342$15,730$3,360
26 years$47,579$35,832$26,605$19,514$14,169$2,804
27 years$45,326$33,722$24,705$17,862$12,774$2,341
28 years$43,238$31,776$22,966$16,365$11,527$1,955
29 years$41,298$29,977$21,372$15,007$10,408$1,633
30 years$39,490$28,310$19,907$13,773$9,404$1,364
31 years$37,802$26,762$18,559$12,649$8,503$1,139
32 years$36,223$25,323$17,316$11,625$7,691$952
33 years$34,743$23,981$16,168$10,690$6,961$796
34 years$33,352$22,728$15,106$9,836$6,302$665
35 years$32,044$21,558$14,123$9,055$5,708$556
36 years$30,812$20,461$13,212$8,339$5,172$465
37 years$29,648$19,434$12,366$7,683$4,687$388
38 years$28,549$18,469$11,581$7,082$4,249$325
39 years$27,509$17,562$10,850$6,530$3,854$271
40 years$26,523$16,709$10,169$6,023$3,495$227
41 years$25,587$15,905$9,536$5,557$3,171$190
42 years$24,699$15,148$8,945$5,128$2,877$159
43 years$23,854$14,433$8,393$4,734$2,611$133
44 years$23,050$13,757$7,879$4,371$2,370$111
45 years$22,284$13,119$7,398$4,037$2,152$93
46 years$21,553$12,515$6,948$3,729$1,954$77
47 years$20,855$11,943$6,528$3,445$1,774$65
48 years$20,189$11,401$6,134$3,183$1,611$54
49 years$19,551$10,887$5,766$2,942$1,463$45
50 years$18,941$10,400$5,421$2,719$1,329$38

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 $2,237 every year, while hoping to spend $45,739 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: 27/43/30 Blend
49$19,400,000$19,400,000$19,400,000$19,400,000
50$21,381,107$20,352,907$20,052,207$21,759,372
51$23,513,314$21,301,534$20,675,290$23,017,863
52$25,861,474$22,295,110$21,317,714$24,363,980
53$28,447,564$23,335,790$21,980,077$25,808,323
54$31,295,804$24,425,833$22,662,998$27,359,310
55$34,432,882$25,567,605$23,367,115$29,026,145
56$37,888,207$26,763,589$24,093,084$30,818,903
57$41,694,185$28,016,385$24,841,583$32,748,610
58$45,886,526$29,328,722$25,613,311$34,827,338
59$50,504,581$30,703,459$26,408,986$37,068,307
60$55,591,713$32,143,593$27,229,352$39,486,004
61$61,195,706$33,652,268$28,075,173$42,096,299
62$67,369,216$35,232,777$28,947,240$44,916,592
63$74,170,268$36,888,575$29,846,364$47,965,958
64$81,662,803$38,623,282$30,773,385$51,265,315
65$89,917,282$40,440,696$31,729,166$54,837,608
66$99,011,352$42,344,797$32,714,600$58,708,013
67$109,030,576$44,339,758$33,730,605$62,904,155
68$120,069,242$46,429,954$34,778,128$67,456,357
69$132,231,255$48,619,972$35,858,146$72,397,906
70$145,631,115$50,914,623$36,971,665$77,765,352
71$160,394,997$53,318,947$38,119,724$83,598,834
72$176,661,944$55,838,233$39,303,393$89,942,439
73$194,585,180$58,478,024$40,523,774$96,844,601
74$214,333,552$61,244,131$41,782,004$104,358,532
75$236,093,131$64,142,650$43,079,257$112,542,708
76$260,068,959$67,179,969$44,416,742$121,461,396
77$286,486,993$70,362,787$45,795,703$131,185,234
78$315,596,233$73,698,131$47,217,426$141,791,877
79$347,671,074$77,193,365$48,683,235$153,366,702
80$383,013,896$80,856,211$50,194,495$166,003,586
81$421,957,917$84,694,769$51,752,614$179,805,765
82$464,870,341$88,717,530$53,359,044$194,886,775
83$512,155,823$92,933,396$55,015,279$211,371,499
84$564,260,288$97,351,704$56,722,862$229,397,307
85$621,675,143$101,982,243$58,483,384$249,115,320
86$684,941,913$106,835,278$60,298,482$270,691,803
87$754,657,355$111,921,573$62,169,848$294,309,694
88$831,479,089$117,252,415$64,099,222$320,170,292
89$916,131,811$122,839,638$66,088,401$348,495,120
90$1,009,414,129$128,695,653$68,139,235$379,527,967
91$1,112,206,105$134,833,475$70,253,634$413,537,150
92$1,225,477,562$141,266,750$72,433,566$450,817,995
93$1,350,297,241$148,009,788$74,681,057$491,695,580
94$1,487,842,887$155,077,595$76,998,200$536,527,748
95$1,639,412,371$162,485,907$79,387,150$585,708,435
96$1,806,435,943$170,251,227$81,850,130$639,671,330
97$1,990,489,730$178,390,857$84,389,429$698,893,910
98$2,193,310,619$186,922,945$87,007,411$763,901,886
99$2,416,812,652$195,866,520$89,706,510$835,274,101
100$2,663,105,100$205,241,537$92,489,236$913,647,928