Can I retire at age 50 with 14,400,000?

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 $14,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,121,884
2 years$588,682$577,719$567,093$556,791$546,798$520,354
3 years$388,557$377,546$366,947$356,741$346,911$321,242
4 years$288,513$277,536$267,043$257,012$247,420$222,722
5 years$228,503$217,592$207,237$197,410$188,085$164,428
6 years$188,509$177,680$167,478$157,870$148,825$126,234
7 years$159,953$149,215$139,175$129,794$121,035$99,513
8 years$138,546$127,905$118,031$108,881$100,410$79,949
9 years$121,905$111,364$101,660$92,742$84,560$65,144
10 years$108,600$98,162$88,630$79,945$72,049$53,658
11 years$97,721$87,388$78,028$69,576$61,965$44,573
12 years$88,662$78,435$69,248$61,027$53,697$37,277
13 years$81,002$70,882$61,869$53,878$46,825$31,345
14 years$74,442$64,430$55,589$47,827$41,047$26,475
15 years$68,762$58,858$50,190$42,653$36,141$22,444
16 years$63,797$54,001$45,504$38,191$31,941$19,085
17 years$59,421$49,733$41,407$34,315$28,321$16,270
18 years$55,535$45,955$37,799$30,924$25,182$13,900
19 years$52,063$42,591$34,603$27,943$22,445$11,897
20 years$48,941$39,578$31,757$25,308$20,048$10,198
21 years$46,120$36,865$29,211$22,968$17,941$8,753
22 years$43,560$34,412$26,922$20,883$16,082$7,521
23 years$41,225$32,185$24,858$19,019$14,436$6,469
24 years$39,088$30,155$22,989$17,346$12,975$5,568
25 years$37,125$28,299$21,293$15,842$11,676$4,796
26 years$35,316$26,597$19,748$14,485$10,517$4,133
27 years$33,644$25,031$18,338$13,258$9,482$3,564
28 years$32,094$23,586$17,047$12,147$8,556$3,075
29 years$30,654$22,251$15,864$11,139$7,726$2,654
30 years$29,312$21,014$14,777$10,223$6,981$2,291
31 years$28,059$19,865$13,776$9,389$6,311$1,978
32 years$26,887$18,796$12,853$8,629$5,709$1,709
33 years$25,788$17,800$12,001$7,935$5,167$1,476
34 years$24,756$16,871$11,213$7,301$4,678$1,275
35 years$23,785$16,002$10,483$6,721$4,237$1,102
36 years$22,871$15,188$9,807$6,190$3,839$953
37 years$22,007$14,425$9,179$5,703$3,479$824
38 years$21,191$13,709$8,596$5,257$3,154$712
39 years$20,419$13,036$8,053$4,847$2,860$616
40 years$19,687$12,402$7,548$4,471$2,594$532
41 years$18,993$11,806$7,078$4,125$2,354$460
42 years$18,333$11,244$6,639$3,807$2,136$398
43 years$17,706$10,713$6,230$3,514$1,938$344
44 years$17,109$10,212$5,848$3,245$1,759$298
45 years$16,540$9,738$5,491$2,996$1,597$257
46 years$15,998$9,289$5,157$2,768$1,450$223
47 years$15,480$8,865$4,845$2,557$1,317$193
48 years$14,985$8,463$4,553$2,363$1,196$167
49 years$14,512$8,081$4,280$2,184$1,086$144
50 years$14,059$7,720$4,024$2,018$987$125

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $14,400,000, adding $4,002 every year, while hoping to spend $22,891 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: 54/41/5 Blend
49$14,400,000$14,400,000$14,400,000$14,400,000
50$15,872,928$15,109,728$14,886,528$16,713,149
51$17,467,611$15,825,749$15,360,871$17,996,767
52$19,224,184$16,576,088$15,850,337$19,390,134
53$21,159,136$17,362,401$16,355,409$20,905,931
54$23,290,638$18,186,428$16,876,584$22,555,745
55$25,638,710$19,049,991$17,414,377$24,352,301
56$28,225,417$19,954,999$17,969,318$26,309,577
57$31,075,072$20,903,457$18,541,952$28,442,932
58$34,214,468$21,897,465$19,132,847$30,769,242
59$37,673,130$22,939,226$19,742,582$33,307,054
60$41,483,591$24,031,050$20,371,761$36,076,755
61$45,681,705$25,175,359$21,021,003$39,100,752
62$50,306,981$26,374,694$21,690,948$42,403,683
63$55,402,956$27,631,717$22,382,258$46,012,635
64$61,017,607$28,949,220$23,095,613$49,957,394
65$67,203,804$30,330,133$23,831,717$54,270,720
66$74,019,809$31,777,527$24,591,297$58,988,640
67$81,529,825$33,294,621$25,375,101$64,150,784
68$89,804,602$34,884,792$26,183,902$69,800,747
69$98,922,107$36,551,583$27,018,498$75,986,489
70$108,968,256$38,298,705$27,879,712$82,760,778
71$120,037,730$40,130,053$28,768,394$90,181,674
72$132,234,863$42,049,710$29,685,420$98,313,066
73$145,674,633$44,061,959$30,631,695$107,225,264
74$160,483,741$46,171,291$31,608,152$116,995,646
75$176,801,812$48,382,414$32,615,755$127,709,374
76$194,782,712$50,700,267$33,655,498$139,460,186
77$214,595,998$53,130,029$34,728,406$152,351,263
78$236,428,520$55,677,131$35,835,538$166,496,186
79$260,486,187$58,347,269$36,977,986$182,019,995
80$286,995,908$61,146,415$38,156,879$199,060,344
81$316,207,734$64,080,833$39,373,378$217,768,789
82$348,397,222$67,157,092$40,628,685$238,312,195
83$383,868,030$70,382,082$41,924,038$260,874,291
84$422,954,792$73,763,026$43,260,715$285,657,383
85$466,026,268$77,307,501$44,640,036$312,884,241
86$513,488,832$81,023,453$46,063,362$342,800,177
87$565,790,306$84,919,216$47,532,098$375,675,338
88$623,424,187$89,003,528$49,047,693$411,807,228
89$686,934,307$93,285,554$50,611,644$451,523,490
90$756,919,966$97,774,906$52,225,494$495,184,969
91$834,041,591$102,481,664$53,890,837$543,189,089
92$919,026,969$107,416,401$55,609,315$595,973,575
93$1,012,678,119$112,590,204$57,382,627$654,020,549
94$1,115,878,865$118,014,701$59,212,522$717,861,047
95$1,229,603,174$123,702,087$61,100,807$788,079,998
96$1,354,924,361$129,665,152$63,049,346$865,321,706
97$1,493,025,211$135,917,310$65,060,064$950,295,892
98$1,645,209,152$142,472,628$67,134,946$1,043,784,353
99$1,812,912,559$149,345,860$69,276,041$1,146,648,300
100$1,997,718,315$156,552,482$71,485,463$1,259,836,438