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%15.5%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,543,219
2 years$809,438$794,363$779,753$765,588$751,848$716,111
3 years$534,265$519,125$504,552$490,519$477,003$442,307
4 years$396,706$381,612$367,185$353,392$340,203$306,814
5 years$314,192$299,188$284,950$271,439$258,617$226,629
6 years$259,200$244,310$230,282$217,072$204,634$174,082
7 years$219,936$205,171$191,366$178,467$166,423$137,310
8 years$190,501$175,869$162,293$149,711$138,064$110,380
9 years$167,619$153,126$139,783$127,521$116,270$89,994
10 years$149,325$134,973$121,866$109,924$99,067$74,172
11 years$134,366$120,159$107,289$95,667$85,201$61,652
12 years$121,910$107,848$95,216$83,913$73,834$51,594
13 years$111,378$97,463$85,069$74,082$64,384$43,414
14 years$102,358$88,591$76,435$65,762$56,439$36,694
15 years$94,548$80,930$69,011$58,648$49,693$31,129
16 years$87,721$74,251$62,569$52,513$43,919$26,489
17 years$81,704$68,383$56,935$47,183$38,942$22,598
18 years$76,361$63,189$51,974$42,521$34,625$19,320
19 years$71,586$58,563$47,580$38,421$30,862$16,548
20 years$67,294$54,419$43,666$34,798$27,567$14,196
21 years$63,416$50,689$40,165$31,581$24,669$12,194
22 years$59,895$47,317$37,018$28,715$22,112$10,485
23 years$56,685$44,254$34,179$26,151$19,849$9,025
24 years$53,746$41,463$31,610$23,851$17,841$7,775
25 years$51,047$38,911$29,277$21,782$16,054$6,702
26 years$48,560$36,570$27,153$19,917$14,461$5,781
27 years$46,261$34,417$25,214$18,230$13,038$4,989
28 years$44,130$32,431$23,440$16,703$11,764$4,307
29 years$42,149$30,595$21,813$15,317$10,623$3,720
30 years$40,304$28,894$20,318$14,057$9,598$3,214
31 years$38,582$27,314$18,942$12,910$8,678$2,778
32 years$36,970$25,845$17,673$11,865$7,850$2,401
33 years$35,459$24,475$16,501$10,911$7,104$2,076
34 years$34,040$23,197$15,418$10,039$6,432$1,796
35 years$32,705$22,002$14,415$9,241$5,826$1,553
36 years$31,447$20,883$13,485$8,511$5,278$1,344
37 years$30,260$19,834$12,621$7,842$4,784$1,162
38 years$29,138$18,850$11,819$7,228$4,337$1,006
39 years$28,076$17,924$11,073$6,664$3,933$870
40 years$27,070$17,053$10,379$6,147$3,567$753
41 years$26,115$16,233$9,732$5,671$3,236$652
42 years$25,208$15,460$9,129$5,234$2,937$564
43 years$24,346$14,730$8,567$4,832$2,665$488
44 years$23,525$14,041$8,041$4,461$2,419$423
45 years$22,743$13,389$7,550$4,120$2,196$366
46 years$21,997$12,773$7,092$3,806$1,994$317
47 years$21,285$12,189$6,662$3,516$1,811$274
48 years$20,605$11,636$6,261$3,249$1,644$237
49 years$19,954$11,112$5,885$3,003$1,493$205
50 years$19,332$10,615$5,533$2,775$1,357$178

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 $2,119 every year, while hoping to spend $45,194 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: 58/34/8 Blend
49$19,800,000$19,800,000$19,800,000$19,800,000
50$21,821,786$20,772,386$20,465,486$23,048,206
51$23,999,522$21,742,147$21,102,993$24,842,659
52$26,397,872$22,757,911$21,760,343$26,792,339
53$29,039,292$23,821,885$22,438,151$28,916,270
54$31,948,525$24,936,383$23,137,054$31,231,144
55$35,152,837$26,103,828$23,857,709$33,755,308
56$38,682,275$27,326,764$24,600,790$36,508,928
57$42,569,946$28,607,855$25,366,995$39,514,174
58$46,852,335$29,949,894$26,157,044$42,795,422
59$51,569,646$31,355,812$26,971,678$46,379,475
60$56,766,181$32,828,678$27,811,661$50,295,807
61$62,490,761$34,371,712$28,677,780$54,576,836
62$68,797,182$35,988,290$29,570,850$59,258,218
63$75,744,727$37,681,949$30,491,706$64,379,175
64$83,398,725$39,456,400$31,441,214$69,982,857
65$91,831,163$41,315,532$32,420,263$76,116,738
66$101,121,372$43,263,423$33,429,772$82,833,053
67$111,356,770$45,304,349$34,470,687$90,189,279
68$122,633,691$47,442,792$35,543,986$98,248,669
69$135,058,292$49,683,453$36,650,673$107,080,833
70$148,747,554$52,031,259$37,791,787$116,762,385
71$163,830,391$54,491,377$38,968,399$127,377,654
72$180,448,861$57,069,225$40,181,610$139,019,459
73$198,759,509$59,770,481$41,432,558$151,789,980
74$218,934,847$62,601,102$42,722,417$165,801,699
75$241,164,978$65,567,333$44,052,394$181,178,451
76$265,659,394$68,675,720$45,423,738$198,056,572
77$292,648,951$71,933,130$46,837,732$216,586,172
78$322,388,051$75,346,760$48,295,703$236,932,532
79$355,157,039$78,924,158$49,799,016$259,277,642
80$391,264,855$82,673,239$51,349,080$283,821,903
81$431,051,944$86,602,302$52,947,348$310,785,995
82$474,893,476$90,720,048$54,595,318$340,412,940
83$523,202,882$95,035,602$56,294,533$372,970,367
84$576,435,761$99,558,532$58,046,585$408,753,023
85$635,094,179$104,298,870$59,853,116$448,085,521
86$699,731,407$109,267,137$61,715,817$491,325,384
87$770,957,148$114,474,364$63,636,434$538,866,386
88$849,443,288$119,932,119$65,616,766$591,142,248
89$935,930,243$125,652,532$67,658,667$648,630,691
90$1,031,233,944$131,648,323$69,764,049$711,857,923
91$1,136,253,546$137,932,831$71,934,884$781,403,568
92$1,251,979,911$144,520,042$74,173,206$857,906,101
93$1,379,504,962$151,424,624$76,481,108$942,068,843
94$1,520,031,996$158,661,959$78,860,753$1,034,666,556
95$1,674,887,040$166,248,175$81,314,369$1,136,552,722
96$1,845,531,369$174,200,187$83,844,251$1,248,667,552
97$2,033,575,304$182,535,731$86,452,769$1,372,046,821
98$2,240,793,412$191,273,409$89,142,364$1,507,831,598
99$2,469,141,261$200,432,726$91,915,554$1,657,278,969
100$2,720,773,877$210,034,138$94,774,933$1,821,773,852