Can I retire at age 50 with 19,700,000?

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 $19,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$1,626,808$1,612,317$1,598,179$1,584,380$1,570,906$1,544,881
2 years$805,350$790,351$775,815$761,721$748,050$721,907
3 years$531,567$516,503$502,004$488,042$474,594$449,146
4 years$394,702$379,685$365,330$351,607$338,484$313,927
5 years$312,605$297,677$283,511$270,068$257,310$233,715
6 years$257,891$243,076$229,119$215,975$203,601$180,994
7 years$218,825$204,135$190,399$177,565$165,582$143,971
8 years$189,539$174,981$161,474$148,955$137,366$116,747
9 years$166,773$152,353$139,077$126,877$115,682$96,043
10 years$148,571$134,291$121,251$109,369$98,567$79,891
11 years$133,688$119,552$106,747$95,184$84,771$67,039
12 years$121,294$107,303$94,735$83,489$73,461$56,650
13 years$110,815$96,971$84,640$73,708$64,059$48,144
14 years$101,841$88,144$76,049$65,430$56,154$41,108
15 years$94,071$80,521$68,662$58,352$49,442$35,237
16 years$87,278$73,876$62,253$52,248$43,697$30,303
17 years$81,291$68,037$56,647$46,944$38,745$26,132
18 years$75,975$62,870$51,712$42,306$34,450$22,588
19 years$71,225$58,267$47,339$38,227$30,706$19,563
20 years$66,954$54,144$43,446$34,622$27,427$16,972
21 years$63,095$50,433$39,962$31,422$24,544$14,746
22 years$59,592$47,078$36,831$28,570$22,001$12,827
23 years$56,398$44,031$34,007$26,019$19,749$11,171
24 years$53,475$41,254$31,451$23,731$17,751$9,737
25 years$50,790$38,715$29,130$21,672$15,973$8,494
26 years$48,315$36,386$27,016$19,816$14,388$7,415
27 years$46,027$34,243$25,087$18,138$12,972$6,478
28 years$43,907$32,267$23,322$16,618$11,705$5,661
29 years$41,936$30,440$21,703$15,239$10,569$4,950
30 years$40,101$28,748$20,215$13,986$9,550$4,330
31 years$38,387$27,176$18,846$12,845$8,634$3,789
32 years$36,783$25,714$17,584$11,805$7,810$3,316
33 years$35,280$24,352$16,418$10,856$7,068$2,904
34 years$33,868$23,080$15,340$9,988$6,399$2,543
35 years$32,540$21,891$14,342$9,195$5,796$2,227
36 years$31,288$20,778$13,416$8,468$5,252$1,951
37 years$30,107$19,734$12,558$7,802$4,760$1,710
38 years$28,991$18,754$11,760$7,191$4,315$1,498
39 years$27,934$17,834$11,017$6,631$3,913$1,313
40 years$26,933$16,967$10,327$6,116$3,549$1,151
41 years$25,983$16,151$9,683$5,643$3,220$1,009
42 years$25,081$15,382$9,083$5,208$2,922$885
43 years$24,223$14,656$8,523$4,807$2,652$776
44 years$23,406$13,970$8,001$4,439$2,407$680
45 years$22,628$13,322$7,512$4,099$2,185$596
46 years$21,886$12,708$7,056$3,787$1,984$523
47 years$21,178$12,128$6,629$3,498$1,802$459
48 years$20,501$11,577$6,229$3,233$1,636$402
49 years$19,854$11,056$5,855$2,987$1,486$353
50 years$19,234$10,561$5,505$2,761$1,350$309

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,700,000, adding $6,253 every year, while hoping to spend $40,869 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: 54/20/26 Blend
49$19,700,000$19,700,000$19,700,000$19,700,000
50$21,715,850$20,671,750$20,366,400$22,731,782
51$23,887,382$21,641,181$21,005,190$24,402,728
52$26,279,041$22,656,745$21,664,010$26,216,154
53$28,913,237$23,720,659$22,343,487$28,189,606
54$31,814,662$24,835,247$23,044,270$30,338,442
55$35,010,530$26,002,946$23,767,025$32,679,544
56$38,530,826$27,226,312$24,512,442$35,231,479
57$42,408,592$28,508,024$25,281,231$38,014,663
58$46,680,241$29,850,889$26,074,124$41,051,548
59$51,385,896$31,257,853$26,891,878$44,366,834
60$56,569,772$32,732,002$27,735,271$47,987,689
61$62,280,593$34,276,575$28,605,106$51,944,002
62$68,572,050$35,894,963$29,502,214$56,268,659
63$75,503,308$37,590,726$30,427,447$60,997,845
64$83,139,568$39,367,594$31,381,689$66,171,378
65$91,552,676$41,229,478$32,365,848$71,833,078
66$100,821,807$43,180,480$33,380,862$78,031,173
67$111,034,208$45,224,901$34,427,697$84,818,743
68$122,286,024$47,367,247$35,507,352$92,254,218
69$134,683,205$49,612,249$36,620,854$100,401,913
70$148,342,504$51,964,861$37,769,265$109,332,633
71$163,392,582$54,430,283$38,953,679$119,124,324
72$179,975,222$57,013,962$40,175,223$129,862,806
73$198,246,663$59,721,615$41,435,062$141,642,566
74$218,379,082$62,559,234$42,734,395$154,567,641
75$240,562,212$65,533,100$44,074,461$168,752,590
76$265,005,138$68,649,802$45,456,536$184,323,560
77$291,938,268$71,916,248$46,881,936$201,419,465
78$321,615,509$75,339,682$48,352,019$220,193,286
79$354,316,664$78,927,700$49,868,185$240,813,498
80$390,350,073$82,688,266$51,431,878$263,465,646
81$430,055,523$86,629,734$53,044,588$288,354,084
82$473,807,455$90,760,860$54,707,851$315,703,885
83$522,018,502$95,090,828$56,423,251$345,762,951
84$575,143,380$99,629,270$58,192,421$378,804,334
85$633,683,185$104,386,284$60,017,046$415,128,798
86$698,190,117$109,372,459$61,898,865$455,067,636
87$769,272,701$114,598,901$63,839,668$498,985,779
88$847,601,525$120,077,256$65,841,306$547,285,222
89$933,915,573$125,819,734$67,905,682$600,408,794
90$1,029,029,204$131,839,143$70,034,765$658,844,319
91$1,133,839,833$138,148,912$72,230,580$723,129,193
92$1,249,336,411$144,763,123$74,495,219$793,855,437
93$1,376,608,754$151,696,546$76,830,838$871,675,259
94$1,516,857,837$158,964,667$79,239,662$957,307,181
95$1,671,407,129$166,583,728$81,723,983$1,051,542,797
96$1,841,715,087$174,570,761$84,286,167$1,155,254,216
97$2,029,388,926$182,943,629$86,928,654$1,269,402,262
98$2,236,199,793$191,721,063$89,653,960$1,395,045,514
99$2,464,099,483$200,922,707$92,464,679$1,533,350,268
100$2,715,238,872$210,569,161$95,363,488$1,685,601,508