Can I retire at age 50 with 19,500,000?

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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,506,389
2 years$797,174$782,328$767,939$753,988$740,456$691,956
3 years$526,170$511,260$496,907$483,087$469,776$422,866
4 years$390,695$375,830$361,621$348,037$335,048$290,088
5 years$309,431$294,655$280,633$267,326$254,698$211,809
6 years$255,273$240,608$226,793$213,783$201,534$160,753
7 years$216,603$202,062$188,466$175,763$163,901$125,225
8 years$187,615$173,205$159,834$147,443$135,972$99,375
9 years$165,080$150,806$137,665$125,589$114,508$79,949
10 years$147,062$132,928$120,020$108,259$97,566$64,996
11 years$132,330$118,338$105,663$94,217$83,910$53,269
12 years$120,063$106,214$93,774$82,641$72,715$43,938
13 years$109,690$95,986$83,780$72,960$63,409$36,428
14 years$100,807$87,249$75,277$64,766$55,584$30,327
15 years$93,116$79,703$67,965$57,760$48,940$25,333
16 years$86,392$73,126$61,620$51,717$43,254$21,220
17 years$80,466$67,347$56,072$46,468$38,352$17,816
18 years$75,204$62,231$51,187$41,877$34,101$14,986
19 years$70,501$57,675$46,859$37,839$30,395$12,626
20 years$66,274$53,595$43,005$34,271$27,149$10,651
21 years$62,455$49,921$39,556$31,103$24,295$8,995
22 years$58,987$46,600$36,457$28,280$21,777$7,604
23 years$55,826$43,584$33,662$25,755$19,549$6,433
24 years$52,932$40,835$31,131$23,490$17,571$5,446
25 years$50,274$38,322$28,834$21,452$15,811$4,613
26 years$47,824$36,016$26,742$19,615$14,242$3,909
27 years$45,560$33,896$24,832$17,954$12,840$3,314
28 years$43,461$31,940$23,085$16,450$11,586$2,810
29 years$41,511$30,131$21,482$15,085$10,462$2,384
30 years$39,694$28,456$20,010$13,844$9,453$2,023
31 years$37,997$26,900$18,655$12,715$8,546$1,716
32 years$36,410$25,453$17,405$11,685$7,731$1,457
33 years$34,922$24,105$16,251$10,745$6,996$1,237
34 years$33,524$22,846$15,184$9,887$6,334$1,050
35 years$32,209$21,669$14,196$9,101$5,737$892
36 years$30,971$20,567$13,280$8,382$5,198$757
37 years$29,801$19,534$12,430$7,723$4,711$643
38 years$28,696$18,564$11,640$7,118$4,271$546
39 years$27,651$17,653$10,906$6,564$3,873$464
40 years$26,660$16,795$10,222$6,054$3,513$394
41 years$25,719$15,987$9,585$5,585$3,187$335
42 years$24,826$15,226$8,991$5,155$2,892$284
43 years$23,977$14,507$8,437$4,758$2,625$241
44 years$23,169$13,828$7,919$4,394$2,383$205
45 years$22,399$13,186$7,436$4,058$2,163$174
46 years$21,664$12,579$6,984$3,748$1,964$148
47 years$20,963$12,005$6,561$3,463$1,783$126
48 years$20,293$11,460$6,166$3,200$1,619$107
49 years$19,652$10,944$5,796$2,957$1,471$91
50 years$19,039$10,454$5,449$2,733$1,336$77

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,500,000, adding $2,095 every year, while hoping to spend $42,233 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: 33/37/30 Blend
49$19,500,000$19,500,000$19,500,000$19,500,000
50$21,491,161$20,457,661$20,155,411$22,004,759
51$23,638,324$21,415,151$20,785,682$23,355,555
52$26,003,082$22,418,142$21,435,651$24,806,424
53$28,607,585$23,468,820$22,105,934$26,369,289
54$31,476,242$24,569,475$22,797,166$28,054,111
55$34,635,948$25,722,509$23,510,000$29,871,807
56$38,116,341$26,930,438$24,245,112$31,834,342
57$41,950,082$28,195,904$25,003,197$33,954,831
58$46,173,159$29,521,672$25,784,974$36,247,661
59$50,825,232$30,910,645$26,591,181$38,728,609
60$55,950,002$32,365,863$27,422,581$41,414,985
61$61,595,627$33,890,515$28,279,963$44,325,783
62$67,815,176$35,487,945$29,164,137$47,481,852
63$74,667,128$37,161,658$30,075,939$50,906,079
64$82,215,925$38,915,330$31,016,233$54,623,592
65$90,532,582$40,752,813$31,985,909$58,661,989
66$99,695,352$42,678,148$32,985,884$63,051,579
67$109,790,471$44,695,570$34,017,104$67,825,661
68$120,912,967$46,809,521$35,080,545$73,020,820
69$133,167,559$49,024,657$36,177,213$78,677,256
70$146,669,646$51,345,861$37,308,146$84,839,153
71$161,546,395$53,778,253$38,474,413$91,555,074
72$177,937,939$56,327,200$39,677,118$98,878,407
73$195,998,707$58,998,330$40,917,400$106,867,849
74$215,898,872$61,797,546$42,196,430$115,587,939
75$237,825,965$64,731,034$43,515,419$125,109,652
76$261,986,643$67,805,283$44,875,614$135,511,045
77$288,608,636$71,027,098$46,278,302$146,877,975
78$317,942,902$74,403,611$47,724,811$159,304,886
79$350,265,993$77,942,302$49,216,507$172,895,677
80$385,882,666$81,651,017$50,754,801$187,764,656
81$425,128,760$85,537,979$52,341,150$204,037,600
82$468,374,367$89,611,813$53,977,051$221,852,908
83$516,027,323$93,881,563$55,664,054$241,362,884
84$568,537,063$98,356,713$57,403,752$262,735,145
85$626,398,856$103,047,205$59,197,791$286,154,172
86$690,158,490$107,963,468$61,047,868$311,823,017
87$760,417,416$113,116,438$62,955,731$339,965,192
88$837,838,428$118,517,579$64,923,184$370,826,738
89$923,151,925$124,178,918$66,952,088$404,678,517
90$1,017,162,799$130,113,062$69,044,360$441,818,724
91$1,120,758,037$136,333,235$71,201,979$482,575,667
92$1,234,915,095$142,853,302$73,426,983$527,310,822
93$1,360,711,125$149,687,804$75,721,478$576,422,202
94$1,499,333,143$156,851,990$78,087,630$630,348,068
95$1,652,089,235$164,361,849$80,527,678$689,571,019
96$1,820,420,909$172,234,151$83,043,926$754,622,498
97$2,005,916,698$180,486,481$85,638,754$826,087,753
98$2,210,327,162$189,137,280$88,314,614$904,611,312
99$2,435,581,413$198,205,887$91,074,034$990,903,006
100$2,683,805,326$207,712,584$93,919,623$1,085,744,610