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

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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,543,864
2 years$797,174$782,328$767,939$753,988$740,456$729,270
3 years$526,170$511,260$496,907$483,087$469,776$458,843
4 years$390,695$375,830$361,621$348,037$335,048$324,453
5 years$309,431$294,655$280,633$267,326$254,698$244,472
6 years$255,273$240,608$226,793$213,783$201,534$191,690
7 years$216,603$202,062$188,466$175,763$163,901$154,444
8 years$187,615$173,205$159,834$147,443$135,972$126,902
9 years$165,080$150,806$137,665$125,589$114,508$105,822
10 years$147,062$132,928$120,020$108,259$97,566$89,260
11 years$132,330$118,338$105,663$94,217$83,910$75,978
12 years$120,063$106,214$93,774$82,641$72,715$65,150
13 years$109,690$95,986$83,780$72,960$63,409$56,202
14 years$100,807$87,249$75,277$64,766$55,584$48,727
15 years$93,116$79,703$67,965$57,760$48,940$42,425
16 years$86,392$73,126$61,620$51,717$43,254$37,069
17 years$80,466$67,347$56,072$46,468$38,352$32,488
18 years$75,204$62,231$51,187$41,877$34,101$28,547
19 years$70,501$57,675$46,859$37,839$30,395$25,141
20 years$66,274$53,595$43,005$34,271$27,149$22,184
21 years$62,455$49,921$39,556$31,103$24,295$19,608
22 years$58,987$46,600$36,457$28,280$21,777$17,357
23 years$55,826$43,584$33,662$25,755$19,549$15,384
24 years$52,932$40,835$31,131$23,490$17,571$13,651
25 years$50,274$38,322$28,834$21,452$15,811$12,125
26 years$47,824$36,016$26,742$19,615$14,242$10,779
27 years$45,560$33,896$24,832$17,954$12,840$9,590
28 years$43,461$31,940$23,085$16,450$11,586$8,538
29 years$41,511$30,131$21,482$15,085$10,462$7,606
30 years$39,694$28,456$20,010$13,844$9,453$6,780
31 years$37,997$26,900$18,655$12,715$8,546$6,046
32 years$36,410$25,453$17,405$11,685$7,731$5,394
33 years$34,922$24,105$16,251$10,745$6,996$4,814
34 years$33,524$22,846$15,184$9,887$6,334$4,297
35 years$32,209$21,669$14,196$9,101$5,737$3,838
36 years$30,971$20,567$13,280$8,382$5,198$3,428
37 years$29,801$19,534$12,430$7,723$4,711$3,063
38 years$28,696$18,564$11,640$7,118$4,271$2,737
39 years$27,651$17,653$10,906$6,564$3,873$2,447
40 years$26,660$16,795$10,222$6,054$3,513$2,187
41 years$25,719$15,987$9,585$5,585$3,187$1,956
42 years$24,826$15,226$8,991$5,155$2,892$1,749
43 years$23,977$14,507$8,437$4,758$2,625$1,564
44 years$23,169$13,828$7,919$4,394$2,383$1,399
45 years$22,399$13,186$7,436$4,058$2,163$1,251
46 years$21,664$12,579$6,984$3,748$1,964$1,120
47 years$20,963$12,005$6,561$3,463$1,783$1,002
48 years$20,293$11,460$6,166$3,200$1,619$896
49 years$19,652$10,944$5,796$2,957$1,471$802
50 years$19,039$10,454$5,449$2,733$1,336$718

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 $6,419 every year, while hoping to spend $53,727 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: 49/44/7 Blend
49$19,500,000$19,500,000$19,500,000$19,500,000
50$21,495,621$20,462,121$20,159,871$22,509,679
51$23,631,009$21,407,600$20,778,062$24,148,577
52$25,982,407$22,397,607$21,415,161$25,921,456
53$28,571,789$23,434,266$22,071,746$27,845,789
54$31,423,372$24,519,806$22,748,410$29,935,723
55$34,563,841$25,656,561$23,445,766$32,206,790
56$38,022,598$26,846,979$24,164,445$34,676,043
57$41,832,047$28,093,624$24,905,098$37,362,208
58$46,027,890$29,399,186$25,668,393$40,285,856
59$50,649,471$30,766,483$26,455,021$43,469,581
60$55,740,147$32,198,469$27,265,693$46,938,210
61$61,347,690$33,698,243$28,101,143$50,719,024
62$67,524,748$35,269,050$28,962,124$54,842,002
63$74,329,333$36,914,294$29,849,416$59,340,099
64$81,825,372$38,637,542$30,763,819$64,249,538
65$90,083,313$40,442,535$31,706,160$69,610,146
66$99,180,785$42,333,192$32,677,289$75,465,712
67$109,203,330$44,313,624$33,678,084$81,864,389
68$120,245,218$46,388,140$34,709,448$88,859,134
69$132,410,328$48,561,256$35,772,312$96,508,191
70$145,813,132$50,837,708$36,867,635$104,875,630
71$160,579,775$53,222,460$37,996,405$114,031,929
72$176,849,268$55,720,717$39,159,640$124,054,627
73$194,774,796$58,337,934$40,358,391$135,029,035
74$214,525,165$61,079,833$41,593,736$147,049,024
75$236,286,396$63,952,409$42,866,791$160,217,891
76$260,263,483$66,961,951$44,178,703$174,649,313
77$286,682,322$70,115,051$45,530,654$190,468,399
78$315,791,851$73,418,620$46,923,862$207,812,846
79$347,866,390$76,879,903$48,359,582$226,834,221
80$383,208,242$80,506,499$49,839,108$247,699,359
81$422,150,536$84,306,370$51,363,772$270,591,916
82$465,060,378$88,287,870$52,934,946$295,714,078
83$512,342,315$92,459,754$54,554,044$323,288,434
84$564,442,151$96,831,202$56,222,525$353,560,054
85$621,851,159$101,411,839$57,941,888$386,798,767
86$685,110,717$106,211,760$59,713,682$423,301,677
87$754,817,419$111,241,544$61,539,498$463,395,932
88$831,628,704$116,512,289$63,420,980$507,441,777
89$916,269,068$122,035,627$65,359,819$555,835,916
90$1,009,536,897$127,823,757$67,357,757$609,015,221
91$1,112,312,009$133,889,469$69,416,590$667,460,809
92$1,225,563,957$140,246,175$71,538,168$731,702,542
93$1,350,361,180$146,907,938$73,724,397$802,323,988
94$1,487,881,097$153,889,503$75,977,240$879,967,874
95$1,639,421,211$161,206,331$78,298,721$965,342,113
96$1,806,411,369$168,874,636$80,690,922$1,059,226,426
97$1,990,427,253$176,911,417$83,155,992$1,162,479,652
98$2,193,205,257$185,334,501$85,696,142$1,276,047,799
99$2,416,658,882$194,162,580$88,313,652$1,400,972,911
100$2,662,896,798$203,415,256$91,010,869$1,538,402,845