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%16.9%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,534,491
2 years$809,438$794,363$779,753$765,588$751,848$707,465
3 years$534,265$519,125$504,552$490,519$477,003$434,016
4 years$396,706$381,612$367,185$353,392$340,203$298,942
5 years$314,192$299,188$284,950$271,439$258,617$219,195
6 years$259,200$244,310$230,282$217,072$204,634$167,089
7 years$219,936$205,171$191,366$178,467$166,423$130,754
8 years$190,501$175,869$162,293$149,711$138,064$104,252
9 years$167,619$153,126$139,783$127,521$116,270$84,282
10 years$149,325$134,973$121,866$109,924$99,067$68,862
11 years$134,366$120,159$107,289$95,667$85,201$56,729
12 years$121,910$107,848$95,216$83,913$73,834$47,040
13 years$111,378$97,463$85,069$74,082$64,384$39,212
14 years$102,358$88,591$76,435$65,762$56,439$32,825
15 years$94,548$80,930$69,011$58,648$49,693$27,575
16 years$87,721$74,251$62,569$52,513$43,919$23,232
17 years$81,704$68,383$56,935$47,183$38,942$19,619
18 years$76,361$63,189$51,974$42,521$34,625$16,601
19 years$71,586$58,563$47,580$38,421$30,862$14,071
20 years$67,294$54,419$43,666$34,798$27,567$11,943
21 years$63,416$50,689$40,165$31,581$24,669$10,149
22 years$59,895$47,317$37,018$28,715$22,112$8,633
23 years$56,685$44,254$34,179$26,151$19,849$7,349
24 years$53,746$41,463$31,610$23,851$17,841$6,261
25 years$51,047$38,911$29,277$21,782$16,054$5,337
26 years$48,560$36,570$27,153$19,917$14,461$4,552
27 years$46,261$34,417$25,214$18,230$13,038$3,884
28 years$44,130$32,431$23,440$16,703$11,764$3,316
29 years$42,149$30,595$21,813$15,317$10,623$2,831
30 years$40,304$28,894$20,318$14,057$9,598$2,418
31 years$38,582$27,314$18,942$12,910$8,678$2,066
32 years$36,970$25,845$17,673$11,865$7,850$1,765
33 years$35,459$24,475$16,501$10,911$7,104$1,508
34 years$34,040$23,197$15,418$10,039$6,432$1,289
35 years$32,705$22,002$14,415$9,241$5,826$1,102
36 years$31,447$20,883$13,485$8,511$5,278$942
37 years$30,260$19,834$12,621$7,842$4,784$805
38 years$29,138$18,850$11,819$7,228$4,337$689
39 years$28,076$17,924$11,073$6,664$3,933$589
40 years$27,070$17,053$10,379$6,147$3,567$504
41 years$26,115$16,233$9,732$5,671$3,236$431
42 years$25,208$15,460$9,129$5,234$2,937$368
43 years$24,346$14,730$8,567$4,832$2,665$315
44 years$23,525$14,041$8,041$4,461$2,419$269
45 years$22,743$13,389$7,550$4,120$2,196$230
46 years$21,997$12,773$7,092$3,806$1,994$197
47 years$21,285$12,189$6,662$3,516$1,811$169
48 years$20,605$11,636$6,261$3,249$1,644$144
49 years$19,954$11,112$5,885$3,003$1,493$123
50 years$19,332$10,615$5,533$2,775$1,357$106

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 $6,813 every year, while hoping to spend $21,573 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: 47/47/6 Blend
49$19,800,000$19,800,000$19,800,000$19,800,000
50$21,826,628$20,777,228$20,470,328$22,817,532
51$24,029,990$21,772,358$21,133,130$24,492,659
52$26,457,373$22,815,527$21,817,413$26,306,697
53$29,131,602$23,909,066$22,523,874$28,274,797
54$32,077,834$25,055,418$23,253,233$30,411,238
55$35,323,788$26,257,149$24,006,231$32,731,687
56$38,900,011$27,516,945$24,783,636$35,253,340
57$42,840,164$28,837,627$25,586,239$37,995,070
58$47,181,341$30,222,152$26,414,859$40,977,598
59$51,964,421$31,673,620$27,270,340$44,223,678
60$57,234,448$33,195,284$28,153,552$47,758,297
61$63,041,062$34,790,553$29,065,397$51,608,903
62$69,438,964$36,463,004$30,006,802$55,805,650
63$76,488,436$38,216,389$30,978,727$60,381,668
64$84,255,904$40,054,640$31,982,162$65,373,363
65$92,814,573$41,981,884$33,018,131$70,820,748
66$102,245,109$44,002,446$34,087,688$76,767,803
67$112,636,409$46,120,864$35,191,925$83,262,874
68$124,086,434$48,341,898$36,331,965$90,359,117
69$136,703,136$50,670,537$37,508,972$98,114,976
70$150,605,479$53,112,016$38,724,145$106,594,723
71$165,924,557$55,671,824$39,978,723$115,869,039
72$182,804,836$58,355,718$41,273,985$126,015,669
73$201,405,517$61,169,736$42,611,251$137,120,126
74$221,902,037$64,120,210$43,991,885$149,276,484
75$244,487,727$67,213,782$45,417,295$162,588,237
76$269,375,635$70,457,417$46,888,935$177,169,257
77$296,800,539$73,858,421$48,408,304$193,144,839
78$327,021,165$77,424,454$49,976,952$210,652,861
79$360,322,624$81,163,552$51,596,480$229,845,055
80$397,019,108$85,084,143$53,268,539$250,888,412
81$437,456,857$89,195,065$54,994,835$273,966,725
82$482,017,422$93,505,590$56,777,128$299,282,296
83$531,121,275$98,025,439$58,617,237$327,057,809
84$585,231,769$102,764,810$60,517,039$357,538,400
85$644,859,522$107,734,398$62,478,473$390,993,930
86$710,567,231$112,945,421$64,503,538$427,721,497
87$782,974,984$118,409,643$66,594,303$468,048,198
88$862,766,121$124,139,403$68,752,900$512,334,179
89$950,693,675$130,147,644$70,981,533$560,975,983
90$1,047,587,491$136,447,939$73,282,475$614,410,254
91$1,154,362,052$143,054,525$75,658,074$673,117,803
92$1,272,025,118$149,982,334$78,110,757$737,628,102
93$1,401,687,238$157,247,026$80,643,026$808,524,226
94$1,544,572,235$164,865,029$83,257,465$886,448,301
95$1,702,028,758$172,853,570$85,956,745$972,107,505
96$1,875,543,016$181,230,720$88,743,621$1,066,280,687
97$2,066,752,808$190,015,431$91,620,937$1,169,825,648
98$2,277,462,989$199,227,581$94,591,633$1,283,687,178
99$2,509,662,502$208,888,020$97,658,741$1,408,905,898
100$2,765,543,161$219,018,617$100,825,393$1,546,628,013