Can I retire at age 50 with 14,300,000?

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 $14,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,135,497
2 years$584,594$573,707$563,155$552,924$543,001$538,150
3 years$385,858$374,924$364,399$354,264$344,502$339,756
4 years$286,510$275,609$265,189$255,227$245,702$241,096
5 years$226,916$216,081$205,797$196,039$186,779$182,327
6 years$187,200$176,446$166,315$156,774$147,792$143,500
7 years$158,843$148,179$138,208$128,893$120,194$116,065
8 years$137,584$127,017$117,212$108,125$99,713$95,746
9 years$121,058$110,591$100,954$92,098$83,972$80,168
10 years$107,846$97,481$88,014$79,390$71,549$67,904
11 years$97,042$86,781$77,486$69,093$61,534$58,048
12 years$88,046$77,890$68,767$60,604$53,324$49,993
13 years$80,440$70,390$61,439$53,504$46,500$43,320
14 years$73,925$63,982$55,203$47,495$40,761$37,731
15 years$68,285$58,449$49,841$42,357$35,890$33,003
16 years$63,354$53,626$45,188$37,926$31,719$28,974
17 years$59,008$49,388$41,120$34,076$28,125$25,516
18 years$55,150$45,636$37,537$30,710$25,007$22,532
19 years$51,701$42,295$34,363$27,749$22,289$19,942
20 years$48,601$39,303$31,537$25,132$19,909$17,686
21 years$45,800$36,609$29,008$22,809$17,817$15,713
22 years$43,257$34,173$26,735$20,738$15,970$13,981
23 years$40,939$31,961$24,685$18,887$14,336$12,458
24 years$38,817$29,946$22,830$17,226$12,885$11,113
25 years$36,868$28,103$21,145$15,732$11,595$9,925
26 years$35,071$26,412$19,611$14,384$10,444$8,871
27 years$33,411$24,857$18,210$13,166$9,416$7,936
28 years$31,872$23,422$16,929$12,063$8,496$7,105
29 years$30,441$22,096$15,754$11,062$7,672$6,365
30 years$29,109$20,868$14,674$10,152$6,932$5,705
31 years$27,864$19,727$13,680$9,324$6,267$5,117
32 years$26,700$18,666$12,764$8,569$5,669$4,591
33 years$25,609$17,677$11,918$7,880$5,131$4,121
34 years$24,584$16,753$11,135$7,250$4,645$3,701
35 years$23,620$15,890$10,411$6,674$4,207$3,324
36 years$22,712$15,082$9,739$6,147$3,812$2,987
37 years$21,854$14,325$9,115$5,663$3,455$2,685
38 years$21,044$13,614$8,536$5,220$3,132$2,413
39 years$20,277$12,945$7,997$4,813$2,840$2,170
40 years$19,550$12,316$7,496$4,440$2,576$1,952
41 years$18,861$11,724$7,029$4,096$2,337$1,755
42 years$18,206$11,165$6,593$3,780$2,121$1,579
43 years$17,583$10,638$6,187$3,490$1,925$1,421
44 years$16,990$10,141$5,808$3,222$1,747$1,279
45 years$16,426$9,670$5,453$2,976$1,586$1,151
46 years$15,887$9,225$5,122$2,749$1,440$1,036
47 years$15,373$8,803$4,812$2,539$1,308$932
48 years$14,881$8,404$4,522$2,346$1,188$839
49 years$14,411$8,025$4,250$2,169$1,079$756
50 years$13,962$7,666$3,996$2,004$980$680

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $14,300,000, adding $3,069 every year, while hoping to spend $42,136 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: 70/22/8 Blend
49$14,300,000$14,300,000$14,300,000$14,300,000
50$15,761,766$15,003,866$14,782,216$16,843,143
51$17,324,633$15,694,223$15,232,588$18,249,370
52$19,045,501$16,416,995$15,696,635$19,782,136
53$20,940,441$17,173,726$16,174,771$21,458,187
54$23,027,162$17,966,035$16,667,421$23,291,592
55$25,325,179$18,795,617$17,175,026$25,297,834
56$27,855,995$19,664,250$17,698,037$27,493,946
57$30,643,305$20,573,796$18,236,920$29,898,677
58$33,713,219$21,526,210$18,792,154$32,532,658
59$37,094,510$22,523,537$19,364,234$35,418,597
60$40,818,883$23,567,923$19,953,668$38,581,490
61$44,921,275$24,661,617$20,560,982$42,048,849
62$49,440,185$25,806,976$21,186,715$45,850,961
63$54,418,037$27,006,471$21,831,423$50,021,169
64$59,901,582$28,262,693$22,495,681$54,596,181
65$65,942,334$29,578,357$23,180,077$59,616,412
66$72,597,064$30,956,307$23,885,221$65,126,360
67$79,928,326$32,399,529$24,611,739$71,175,022
68$88,005,059$33,911,148$25,360,275$77,816,350
69$96,903,225$35,494,445$26,131,494$85,109,756
70$106,706,536$37,152,855$26,926,081$93,120,664
71$117,507,239$38,889,981$27,744,741$101,921,123
72$129,406,988$40,709,601$28,588,201$111,590,482
73$142,517,802$42,615,673$29,457,207$122,216,127
74$156,963,126$44,612,349$30,352,531$133,894,305
75$172,878,991$46,703,979$31,274,967$146,731,021
76$190,415,301$48,895,127$32,225,331$160,843,032
77$209,737,248$51,190,575$33,204,467$176,358,940
78$231,026,871$53,595,337$34,213,240$193,420,400
79$254,484,772$56,114,669$35,252,544$212,183,444
80$280,332,015$58,754,084$36,323,300$232,819,946
81$308,812,204$61,519,358$37,426,454$255,519,238
82$340,193,792$64,416,550$38,562,984$280,489,881
83$374,772,609$67,452,010$39,733,893$307,961,627
84$412,874,654$70,632,398$40,940,219$338,187,578
85$454,859,179$73,964,696$42,183,026$371,446,556
86$501,122,071$77,456,222$43,463,413$408,045,732
87$552,099,597$81,114,651$44,782,512$448,323,506
88$608,272,517$84,948,030$46,141,487$492,652,690
89$670,170,627$88,964,796$47,541,540$541,444,015
90$738,377,754$93,173,795$48,983,904$595,149,989
91$813,537,274$97,584,300$50,469,855$654,269,160
92$896,358,183$102,206,037$52,000,702$719,350,798
93$987,621,787$107,049,203$53,577,795$791,000,070
94$1,088,189,084$112,124,489$55,202,526$869,883,731
95$1,199,008,887$117,443,105$56,876,327$956,736,401
96$1,321,126,781$123,016,805$58,600,672$1,052,367,482
97$1,455,694,999$128,857,915$60,377,080$1,157,668,773
98$1,603,983,294$134,979,357$62,207,117$1,273,622,877
99$1,767,390,928$141,394,683$64,092,393$1,401,312,444
100$1,947,459,883$148,118,103$66,034,569$1,541,930,377