Can I retire at age 50 with 20,000,000?

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 $20,000,000?

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$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,558,807
2 years$817,615$802,387$787,630$773,321$759,442$723,344
3 years$539,662$524,369$509,648$495,474$481,821$446,774
4 years$400,713$385,467$370,894$356,961$343,639$309,913
5 years$317,365$302,211$287,829$274,180$261,229$228,918
6 years$261,818$246,778$232,608$219,264$206,701$175,840
7 years$222,157$207,243$193,299$180,269$168,104$138,697
8 years$192,425$177,646$163,933$151,223$139,458$111,495
9 years$169,313$154,673$141,195$128,809$117,444$90,903
10 years$150,833$136,336$123,097$111,034$100,068$74,921
11 years$135,724$121,372$108,373$96,633$86,062$62,275
12 years$123,141$108,937$96,178$84,760$74,579$52,115
13 years$112,503$98,447$85,929$74,831$65,035$43,852
14 years$103,392$89,486$77,207$66,426$57,009$37,064
15 years$95,503$81,747$69,708$59,241$50,195$31,443
16 years$88,608$75,001$63,201$53,044$44,363$26,756
17 years$82,529$69,073$57,510$47,659$39,335$22,826
18 years$77,132$63,827$52,499$42,951$34,975$19,516
19 years$72,309$59,154$48,060$38,809$31,174$16,715
20 years$67,974$54,969$44,107$35,149$27,845$14,339
21 years$64,056$51,201$40,570$31,900$24,918$12,317
22 years$60,500$47,795$37,392$29,005$22,336$10,591
23 years$57,257$44,701$34,525$26,415$20,050$9,116
24 years$54,289$41,882$31,930$24,092$18,021$7,853
25 years$51,563$39,304$29,573$22,002$16,216$6,770
26 years$49,051$36,940$27,428$20,118$14,607$5,839
27 years$46,728$34,765$25,469$18,414$13,170$5,039
28 years$44,576$32,759$23,677$16,871$11,883$4,351
29 years$42,575$30,904$22,033$15,471$10,730$3,758
30 years$40,711$29,186$20,523$14,199$9,695$3,247
31 years$38,971$27,590$19,133$13,041$8,766$2,806
32 years$37,343$26,106$17,851$11,985$7,929$2,426
33 years$35,817$24,723$16,668$11,021$7,176$2,097
34 years$34,384$23,431$15,574$10,140$6,497$1,814
35 years$33,035$22,224$14,560$9,335$5,884$1,569
36 years$31,765$21,094$13,621$8,597$5,332$1,357
37 years$30,565$20,035$12,749$7,921$4,832$1,174
38 years$29,432$19,040$11,939$7,301$4,381$1,016
39 years$28,360$18,105$11,185$6,732$3,973$879
40 years$27,343$17,226$10,484$6,209$3,603$761
41 years$26,379$16,397$9,831$5,729$3,269$658
42 years$25,463$15,616$9,221$5,287$2,966$570
43 years$24,592$14,879$8,653$4,880$2,692$493
44 years$23,763$14,183$8,122$4,506$2,444$427
45 years$22,973$13,525$7,627$4,162$2,218$369
46 years$22,219$12,902$7,163$3,844$2,014$320
47 years$21,500$12,312$6,730$3,552$1,829$277
48 years$20,813$11,754$6,324$3,282$1,661$240
49 years$20,156$11,224$5,944$3,033$1,509$207
50 years$19,527$10,722$5,588$2,803$1,370$180

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $20,000,000, adding $3,307 every year, while hoping to spend $40,559 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: 40/44/16 Blend
49$20,000,000$20,000,000$20,000,000$20,000,000
50$22,043,411$20,983,411$20,673,411$22,820,163
51$24,248,685$21,968,444$21,322,816$24,357,438
52$26,677,537$23,000,384$21,992,616$26,015,229
53$29,352,729$24,081,487$22,683,453$27,807,779
54$32,299,345$25,214,117$23,395,986$29,747,347
55$35,545,024$26,400,754$24,130,898$31,847,373
56$39,120,224$27,643,998$24,888,890$34,122,598
57$43,058,506$28,946,574$25,670,687$36,589,195
58$47,396,856$30,311,338$26,477,037$39,264,909
59$52,176,028$31,741,286$27,308,711$42,169,215
60$57,440,934$33,239,560$28,166,503$45,323,491
61$63,241,063$34,809,453$29,051,235$48,751,209
62$69,630,951$36,454,416$29,963,752$52,478,140
63$76,670,696$38,178,071$30,904,925$56,532,592
64$84,426,523$39,984,212$31,875,656$60,945,657
65$92,971,410$41,876,820$32,876,872$65,751,494
66$102,385,777$43,860,067$33,909,531$70,987,637
67$112,758,245$45,938,329$34,974,618$76,695,332
68$124,186,471$48,116,192$36,073,154$82,919,914
69$136,778,074$50,398,468$37,206,187$89,711,214
70$150,651,644$52,790,200$38,374,801$97,124,015
71$165,937,869$55,296,676$39,580,113$105,218,548
72$182,780,760$57,923,442$40,823,276$114,061,045
73$201,339,019$60,676,312$42,105,477$123,724,342
74$221,787,531$63,561,384$43,427,942$134,288,544
75$244,319,017$66,585,049$44,791,936$145,841,764
76$269,145,853$69,754,013$46,198,763$158,480,927
77$296,502,075$73,075,304$47,649,766$172,312,663
78$326,645,586$76,556,294$49,146,333$187,454,287
79$359,860,596$80,204,712$50,689,895$204,034,883
80$396,460,296$84,028,663$52,281,926$222,196,491
81$436,789,825$88,036,646$53,923,949$242,095,424
82$481,229,519$92,237,574$55,617,533$263,903,705
83$530,198,506$96,640,791$57,364,297$287,810,669
84$584,158,663$101,256,099$59,165,910$314,024,711
85$643,618,973$106,093,774$61,024,094$342,775,218
86$709,140,332$111,164,593$62,940,625$374,314,703
87$781,340,845$116,479,857$64,917,335$408,921,144
88$860,901,659$122,051,418$66,956,114$446,900,573
89$948,573,393$127,891,702$69,058,908$488,589,923
90$1,045,183,226$134,013,743$71,227,729$534,360,163
91$1,151,642,707$140,431,208$73,464,649$584,619,752
92$1,268,956,354$147,158,428$75,771,806$639,818,453
93$1,398,231,144$154,210,433$78,151,404$700,451,523
94$1,540,686,963$161,602,987$80,605,718$767,064,339
95$1,697,668,117$169,352,616$83,137,093$840,257,488
96$1,870,656,028$177,476,657$85,747,949$920,692,383
97$2,061,283,217$185,993,288$88,440,779$1,009,097,442
98$2,271,348,718$194,921,572$91,218,158$1,106,274,904
99$2,502,835,060$204,281,502$94,082,740$1,213,108,336
100$2,757,926,985$214,094,045$97,037,261$1,330,570,902