Can I retire at age 50 with 19,900,000?

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,558,642
2 years$813,526$798,375$783,691$769,454$755,645$727,318
3 years$536,964$521,747$507,100$492,997$479,412$451,852
4 years$398,709$383,539$369,039$355,176$341,921$315,341
5 years$315,778$300,700$286,390$272,810$259,923$234,399
6 years$260,509$245,544$231,445$218,168$205,668$181,229
7 years$221,047$206,207$192,332$179,368$167,263$143,915
8 years$191,463$176,758$163,113$150,467$138,761$116,499
9 years$168,466$153,899$140,489$128,165$116,857$95,668
10 years$150,079$135,655$122,482$110,479$99,568$79,433
11 years$135,045$120,765$107,831$96,150$85,632$66,529
12 years$122,526$108,393$95,697$84,337$74,207$56,110
13 years$111,940$97,955$85,499$74,457$64,710$47,592
14 years$102,875$89,039$76,821$66,094$56,724$40,554
15 years$95,026$81,338$69,359$58,944$49,944$34,691
16 years$88,165$74,626$62,885$52,778$44,141$29,771
17 years$82,117$68,728$57,222$47,421$39,138$25,618
18 years$76,747$63,508$52,237$42,736$34,800$22,095
19 years$71,948$58,858$47,820$38,615$31,018$19,094
20 years$67,634$54,694$43,887$34,974$27,706$16,528
21 years$63,736$50,945$40,367$31,741$24,794$14,327
22 years$60,197$47,556$37,205$28,860$22,224$12,435
23 years$56,971$44,478$34,352$26,283$19,950$10,804
24 years$54,018$41,673$31,770$23,972$17,931$9,395
25 years$51,305$39,108$29,425$21,892$16,135$8,177
26 years$48,805$36,755$27,290$20,017$14,534$7,121
27 years$46,495$34,591$25,342$18,322$13,104$6,205
28 years$44,353$32,595$23,558$16,787$11,824$5,410
29 years$42,362$30,749$21,923$15,394$10,676$4,719
30 years$40,508$29,040$20,420$14,128$9,647$4,118
31 years$38,776$27,452$19,037$12,975$8,722$3,594
32 years$37,157$25,975$17,762$11,925$7,889$3,138
33 years$35,638$24,599$16,585$10,966$7,140$2,741
34 years$34,212$23,314$15,496$10,090$6,464$2,394
35 years$32,870$22,113$14,487$9,288$5,855$2,092
36 years$31,606$20,989$13,553$8,554$5,305$1,828
37 years$30,413$19,934$12,685$7,881$4,808$1,598
38 years$29,285$18,945$11,879$7,264$4,359$1,396
39 years$28,218$18,015$11,129$6,698$3,953$1,221
40 years$27,206$17,139$10,432$6,178$3,585$1,067
41 years$26,247$16,315$9,781$5,700$3,253$933
42 years$25,336$15,538$9,175$5,260$2,952$816
43 years$24,469$14,805$8,610$4,856$2,679$714
44 years$23,644$14,112$8,082$4,484$2,431$624
45 years$22,858$13,457$7,589$4,141$2,207$546
46 years$22,108$12,837$7,127$3,825$2,004$477
47 years$21,393$12,251$6,696$3,534$1,820$418
48 years$20,709$11,695$6,292$3,265$1,653$365
49 years$20,055$11,168$5,914$3,018$1,501$319
50 years$19,429$10,668$5,560$2,789$1,363$279

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,900,000, adding $2,331 every year, while hoping to spend $40,199 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: 58/18/24 Blend
49$19,900,000$19,900,000$19,900,000$19,900,000
50$21,932,204$20,877,504$20,569,054$23,062,044
51$24,126,518$21,857,731$21,215,346$24,813,388
52$26,543,304$22,884,641$21,881,942$26,717,447
53$29,205,212$23,960,480$22,569,478$28,792,614
54$32,137,202$25,087,601$23,278,614$31,055,451
55$35,366,776$26,268,473$24,010,027$33,524,170
56$38,924,241$27,505,682$24,764,417$36,218,804
57$42,842,995$28,801,942$25,542,505$39,161,391
58$47,159,838$30,160,095$26,345,037$42,376,174
59$51,915,326$31,583,123$27,172,780$45,889,828
60$57,154,146$33,074,154$28,026,525$49,731,704
61$62,925,545$34,636,463$28,907,090$53,934,097
62$69,283,790$36,273,489$29,815,317$58,532,552
63$76,288,680$37,988,834$30,752,074$63,566,186
64$84,006,115$39,786,276$31,718,257$69,078,056
65$92,508,711$41,669,776$32,714,792$75,115,551
66$101,876,493$43,643,488$33,742,630$81,730,842
67$112,197,643$45,711,767$34,802,756$88,981,357
68$123,569,337$47,879,178$35,896,183$96,930,322
69$136,098,661$50,150,509$37,023,957$105,647,344
70$149,903,622$52,530,782$38,187,157$115,209,065
71$165,114,260$55,025,259$39,386,895$125,699,871
72$181,873,878$57,639,460$40,624,320$137,212,683
73$200,340,393$60,379,172$41,900,614$149,849,822
74$220,687,827$63,250,466$43,216,998$163,723,964
75$243,107,949$66,259,703$44,574,731$178,959,195
76$267,812,088$69,413,556$45,975,113$195,692,169
77$295,033,124$72,719,023$47,419,482$214,073,388
78$325,027,687$76,183,440$48,909,220$234,268,608
79$358,078,584$79,814,501$50,445,751$256,460,394
80$394,497,461$83,620,273$52,030,545$280,849,826
81$434,627,751$87,609,216$53,665,118$307,658,386
82$478,847,916$91,790,201$55,351,033$337,130,034
83$527,575,013$96,172,531$57,089,902$369,533,494
84$581,268,639$100,765,960$58,883,389$405,164,776
85$640,435,266$105,580,718$60,733,208$444,349,954
86$705,633,021$110,627,531$62,641,129$487,448,225
87$777,476,958$115,917,649$64,608,976$534,855,284
88$856,644,862$121,462,868$66,638,631$587,007,038
89$943,883,648$127,275,558$68,732,034$644,383,703
90$1,040,016,411$133,368,692$70,891,189$707,514,315
91$1,145,950,201$139,755,873$73,118,159$776,981,705
92$1,262,684,578$146,451,368$75,415,075$853,427,974
93$1,391,321,057$153,470,137$77,784,131$937,560,536
94$1,533,073,501$160,827,869$80,227,595$1,030,158,768
95$1,689,279,580$168,541,018$82,747,803$1,132,081,344
96$1,861,413,407$176,626,837$85,347,163$1,244,274,311
97$2,051,099,444$185,103,421$88,028,163$1,367,779,995
98$2,260,127,845$193,989,747$90,793,364$1,503,746,812
99$2,490,471,356$203,305,715$93,645,413$1,653,440,073
100$2,744,303,935$213,072,196$96,587,034$1,818,253,905