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%15.5%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,551,013
2 years$813,526$798,375$783,691$769,454$755,645$719,727
3 years$536,964$521,747$507,100$492,997$479,412$444,540
4 years$398,709$383,539$369,039$355,176$341,921$308,363
5 years$315,778$300,700$286,390$272,810$259,923$227,774
6 years$260,509$245,544$231,445$218,168$205,668$174,961
7 years$221,047$206,207$192,332$179,368$167,263$138,003
8 years$191,463$176,758$163,113$150,467$138,761$110,937
9 years$168,466$153,899$140,489$128,165$116,857$90,448
10 years$150,079$135,655$122,482$110,479$99,568$74,546
11 years$135,045$120,765$107,831$96,150$85,632$61,964
12 years$122,526$108,393$95,697$84,337$74,207$51,855
13 years$111,940$97,955$85,499$74,457$64,710$43,633
14 years$102,875$89,039$76,821$66,094$56,724$36,879
15 years$95,026$81,338$69,359$58,944$49,944$31,286
16 years$88,165$74,626$62,885$52,778$44,141$26,622
17 years$82,117$68,728$57,222$47,421$39,138$22,712
18 years$76,747$63,508$52,237$42,736$34,800$19,418
19 years$71,948$58,858$47,820$38,615$31,018$16,632
20 years$67,634$54,694$43,887$34,974$27,706$14,267
21 years$63,736$50,945$40,367$31,741$24,794$12,255
22 years$60,197$47,556$37,205$28,860$22,224$10,538
23 years$56,971$44,478$34,352$26,283$19,950$9,071
24 years$54,018$41,673$31,770$23,972$17,931$7,814
25 years$51,305$39,108$29,425$21,892$16,135$6,736
26 years$48,805$36,755$27,290$20,017$14,534$5,810
27 years$46,495$34,591$25,342$18,322$13,104$5,014
28 years$44,353$32,595$23,558$16,787$11,824$4,329
29 years$42,362$30,749$21,923$15,394$10,676$3,739
30 years$40,508$29,040$20,420$14,128$9,647$3,231
31 years$38,776$27,452$19,037$12,975$8,722$2,792
32 years$37,157$25,975$17,762$11,925$7,889$2,414
33 years$35,638$24,599$16,585$10,966$7,140$2,087
34 years$34,212$23,314$15,496$10,090$6,464$1,805
35 years$32,870$22,113$14,487$9,288$5,855$1,561
36 years$31,606$20,989$13,553$8,554$5,305$1,350
37 years$30,413$19,934$12,685$7,881$4,808$1,168
38 years$29,285$18,945$11,879$7,264$4,359$1,011
39 years$28,218$18,015$11,129$6,698$3,953$875
40 years$27,206$17,139$10,432$6,178$3,585$757
41 years$26,247$16,315$9,781$5,700$3,253$655
42 years$25,336$15,538$9,175$5,260$2,952$567
43 years$24,469$14,805$8,610$4,856$2,679$491
44 years$23,644$14,112$8,082$4,484$2,431$425
45 years$22,858$13,457$7,589$4,141$2,207$368
46 years$22,108$12,837$7,127$3,825$2,004$318
47 years$21,393$12,251$6,696$3,534$1,820$275
48 years$20,709$11,695$6,292$3,265$1,653$238
49 years$20,055$11,168$5,914$3,018$1,501$206
50 years$19,429$10,668$5,560$2,789$1,363$179

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 $4,597 every year, while hoping to spend $30,033 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: 64/10/26 Blend
49$19,900,000$19,900,000$19,900,000$19,900,000
50$21,934,542$20,879,842$20,571,392$23,187,654
51$24,139,910$21,870,999$21,228,579$25,026,516
52$26,569,220$22,909,717$21,906,774$27,031,138
53$29,245,280$23,998,293$22,606,652$29,220,848
54$32,193,228$25,139,139$23,328,904$31,613,812
55$35,440,762$26,334,781$24,074,247$34,230,024
56$39,018,405$27,587,870$24,843,419$37,091,487
57$42,959,791$28,901,186$25,637,183$40,222,420
58$47,301,987$30,277,641$26,456,326$43,649,482
59$52,085,837$31,720,292$27,301,659$47,402,017
60$57,356,348$33,232,342$28,174,021$51,512,332
61$63,163,122$34,817,153$29,074,277$56,015,992
62$69,560,813$36,478,247$30,003,318$60,952,156
63$76,609,654$38,219,318$30,962,067$66,363,937
64$84,376,015$40,044,242$31,951,473$72,298,810
65$92,933,039$41,957,080$32,972,518$78,809,048
66$102,361,326$43,962,094$34,026,214$85,952,218
67$112,749,695$46,063,750$35,113,606$93,791,710
68$124,196,024$48,266,734$36,235,772$102,397,338
69$136,808,174$50,575,959$37,393,826$111,845,988
70$150,705,004$52,996,577$38,588,915$122,222,338
71$166,017,496$55,533,991$39,822,225$133,619,653
72$182,889,990$58,193,867$41,094,979$146,140,656
73$201,481,548$60,982,145$42,408,440$159,898,493
74$221,967,454$63,905,058$43,763,911$175,017,791
75$244,540,868$66,969,139$45,162,735$191,635,831
76$269,414,651$70,181,242$46,606,301$209,903,830
77$296,823,374$73,548,552$48,096,041$229,988,366
78$327,025,533$77,078,605$49,633,433$252,072,937
79$360,305,986$80,779,306$51,220,002$276,359,689
80$396,978,647$84,658,942$52,857,323$303,071,311
81$437,389,445$88,726,206$54,547,019$332,453,128
82$481,919,592$92,990,214$56,290,768$364,775,408
83$530,989,181$97,460,525$58,090,299$400,335,904
84$585,061,153$102,147,166$59,947,400$439,462,649
85$644,645,665$107,060,652$61,863,912$482,517,045
86$710,304,907$112,212,009$63,841,738$529,897,262
87$782,658,412$117,612,802$65,882,841$582,041,985
88$862,388,901$123,275,159$67,989,246$639,434,540
89$950,248,728$129,211,801$70,163,045$702,607,445
90$1,047,066,986$135,436,068$72,406,395$772,147,420
91$1,153,757,333$141,961,949$74,721,524$848,700,917
92$1,271,326,615$148,804,119$77,110,729$932,980,202
93$1,400,884,374$155,977,965$79,576,382$1,025,770,063
94$1,543,653,321$163,499,626$82,120,932$1,127,935,207
95$1,700,980,881$171,386,029$84,746,904$1,240,428,398
96$1,874,351,912$179,654,925$87,456,907$1,364,299,442
97$2,065,402,724$188,324,934$90,253,631$1,500,705,071
98$2,275,936,527$197,415,581$93,139,852$1,650,919,848
99$2,507,940,454$206,947,345$96,118,438$1,816,348,176
100$2,763,604,321$216,941,706$99,192,347$1,998,537,538