Can I retire at age 50 with 19,800,000?

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 $19,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,519,839
2 years$809,438$794,363$779,753$765,588$751,848$693,041
3 years$534,265$519,125$504,552$490,519$477,003$420,281
4 years$396,706$381,612$367,185$353,392$340,203$285,997
5 years$314,192$299,188$284,950$271,439$258,617$207,068
6 years$259,200$244,310$230,282$217,072$204,634$155,779
7 years$219,936$205,171$191,366$178,467$166,423$120,246
8 years$190,501$175,869$162,293$149,711$138,064$94,524
9 years$167,619$153,126$139,783$127,521$116,270$75,307
10 years$149,325$134,973$121,866$109,924$99,067$60,607
11 years$134,366$120,159$107,289$95,667$85,201$49,159
12 years$121,910$107,848$95,216$83,913$73,834$40,118
13 years$111,378$97,463$85,069$74,082$64,384$32,900
14 years$102,358$88,591$76,435$65,762$56,439$27,086
15 years$94,548$80,930$69,011$58,648$49,693$22,370
16 years$87,721$74,251$62,569$52,513$43,919$18,523
17 years$81,704$68,383$56,935$47,183$38,942$15,369
18 years$76,361$63,189$51,974$42,521$34,625$12,774
19 years$71,586$58,563$47,580$38,421$30,862$10,633
20 years$67,294$54,419$43,666$34,798$27,567$8,861
21 years$63,416$50,689$40,165$31,581$24,669$7,391
22 years$59,895$47,317$37,018$28,715$22,112$6,170
23 years$56,685$44,254$34,179$26,151$19,849$5,155
24 years$53,746$41,463$31,610$23,851$17,841$4,308
25 years$51,047$38,911$29,277$21,782$16,054$3,603
26 years$48,560$36,570$27,153$19,917$14,461$3,014
27 years$46,261$34,417$25,214$18,230$13,038$2,522
28 years$44,130$32,431$23,440$16,703$11,764$2,111
29 years$42,149$30,595$21,813$15,317$10,623$1,768
30 years$40,304$28,894$20,318$14,057$9,598$1,480
31 years$38,582$27,314$18,942$12,910$8,678$1,240
32 years$36,970$25,845$17,673$11,865$7,850$1,038
33 years$35,459$24,475$16,501$10,911$7,104$870
34 years$34,040$23,197$15,418$10,039$6,432$729
35 years$32,705$22,002$14,415$9,241$5,826$611
36 years$31,447$20,883$13,485$8,511$5,278$512
37 years$30,260$19,834$12,621$7,842$4,784$429
38 years$29,138$18,850$11,819$7,228$4,337$359
39 years$28,076$17,924$11,073$6,664$3,933$301
40 years$27,070$17,053$10,379$6,147$3,567$252
41 years$26,115$16,233$9,732$5,671$3,236$212
42 years$25,208$15,460$9,129$5,234$2,937$177
43 years$24,346$14,730$8,567$4,832$2,665$149
44 years$23,525$14,041$8,041$4,461$2,419$125
45 years$22,743$13,389$7,550$4,120$2,196$104
46 years$21,997$12,773$7,092$3,806$1,994$88
47 years$21,285$12,189$6,662$3,516$1,811$73
48 years$20,605$11,636$6,261$3,249$1,644$61
49 years$19,954$11,112$5,885$3,003$1,493$52
50 years$19,332$10,615$5,533$2,775$1,357$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,800,000, adding $5,096 every year, while hoping to spend $30,815 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: 70/17/13 Blend
49$19,800,000$19,800,000$19,800,000$19,800,000
50$21,824,857$20,775,457$20,468,557$23,290,192
51$24,018,205$21,760,667$21,121,466$25,248,755
52$26,434,242$22,793,120$21,795,216$27,387,211
53$29,095,650$23,875,098$22,490,470$29,726,671
54$32,027,422$25,008,994$23,207,917$32,286,933
55$35,257,102$26,197,317$23,948,265$35,089,786
56$38,815,040$27,442,699$24,712,245$38,159,211
57$42,734,681$28,747,899$25,500,613$41,521,601
58$47,052,882$30,115,809$26,314,147$45,206,008
59$51,810,256$31,549,464$27,153,651$49,244,409
60$57,051,559$33,052,044$28,019,955$53,672,009
61$62,826,109$34,626,885$28,913,914$58,527,561
62$69,188,255$36,277,486$29,836,413$63,853,733
63$76,197,887$38,007,513$30,788,363$69,697,500
64$83,921,003$39,820,812$31,770,705$76,110,586
65$92,430,332$41,721,418$32,784,410$83,149,944
66$101,806,017$43,713,560$33,830,480$90,878,285
67$112,136,378$45,801,671$34,909,948$99,364,668
68$123,518,740$47,990,404$36,023,882$108,685,144
69$136,060,352$50,284,635$37,173,383$118,923,462
70$149,879,404$52,689,478$38,359,587$130,171,859
71$165,106,138$55,210,297$39,583,668$142,531,917
72$181,884,078$57,852,715$40,846,835$156,115,516
73$200,371,386$60,622,631$42,150,337$171,045,884
74$220,742,358$63,526,230$43,495,463$187,458,746
75$243,189,060$66,569,997$44,883,543$205,503,600
76$267,923,152$69,760,735$46,315,949$225,345,117
77$295,177,879$73,105,576$47,794,099$247,164,684
78$325,210,275$76,612,002$49,319,454$271,162,109
79$358,303,589$80,287,856$50,893,521$297,557,491
80$394,769,960$84,141,366$52,517,859$326,593,291
81$434,953,362$88,181,159$54,194,074$358,536,605
82$479,232,853$92,416,283$55,923,823$393,681,674
83$528,026,150$96,856,227$57,708,817$432,352,649
84$581,793,577$101,510,943$59,550,822$474,906,635
85$641,042,408$106,390,865$61,451,661$521,737,048
86$706,331,655$111,506,938$63,413,213$573,277,316
87$778,277,348$116,870,642$65,437,419$630,004,952
88$857,558,346$122,494,012$67,526,282$692,446,044
89$944,922,753$128,389,674$69,681,867$761,180,208
90$1,041,194,973$134,570,868$71,906,309$836,846,038
91$1,147,283,497$141,051,477$74,201,808$920,147,116
92$1,264,189,480$147,846,066$76,570,635$1,011,858,634
93$1,393,016,191$154,969,907$79,015,134$1,112,834,693
94$1,534,979,426$162,439,016$81,537,725$1,224,016,341
95$1,691,418,991$170,270,192$84,140,903$1,346,440,435
96$1,863,811,351$178,481,053$86,827,245$1,481,249,408
97$2,053,783,560$187,090,077$89,599,410$1,629,702,022
98$2,263,128,634$196,116,641$92,460,141$1,793,185,235
99$2,493,822,469$205,581,071$95,412,270$1,973,227,257
100$2,748,042,498$215,504,681$98,458,718$2,171,511,955