Can I retire at age 50 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,141,329
2 years$592,771$581,731$571,031$560,658$550,595$535,584
3 years$391,255$380,167$369,495$359,219$349,320$334,685
4 years$290,517$279,463$268,898$258,797$249,138$234,992
5 years$230,090$219,103$208,676$198,781$189,391$175,774
6 years$189,818$178,914$168,641$158,967$149,859$136,789
7 years$161,064$150,252$140,141$130,695$121,875$109,356
8 years$139,508$128,793$118,851$109,637$101,107$89,138
9 years$122,752$112,138$102,366$93,386$85,147$73,723
10 years$109,354$98,844$89,245$80,500$72,549$61,662
11 years$98,400$87,995$78,570$70,059$62,395$52,034
12 years$89,277$78,980$69,729$61,451$54,070$44,225
13 years$81,565$71,374$62,298$54,252$47,150$37,807
14 years$74,959$64,877$55,975$48,159$41,332$32,477
15 years$69,240$59,267$50,538$42,949$36,392$28,010
16 years$64,240$54,376$45,820$38,457$32,163$24,240
17 years$59,834$50,078$41,695$34,553$28,518$21,037
18 years$55,921$46,275$38,062$31,139$25,357$18,302
19 years$52,424$42,887$34,844$28,137$22,601$15,956
20 years$49,281$39,852$31,978$25,483$20,188$13,936
21 years$46,441$37,121$29,413$23,128$18,066$12,190
22 years$43,862$34,651$27,109$21,028$16,193$10,677
23 years$41,511$32,408$25,030$19,151$14,536$9,363
24 years$39,360$30,365$23,149$17,467$13,065$8,219
25 years$37,383$28,496$21,441$15,952$11,757$7,221
26 years$35,562$26,781$19,885$14,585$10,590$6,349
27 years$33,878$25,204$18,465$13,350$9,548$5,586
28 years$32,317$23,750$17,166$12,232$8,615$4,918
29 years$30,867$22,405$15,974$11,217$7,779$4,332
30 years$29,516$21,160$14,879$10,294$7,029$3,817
31 years$28,254$20,003$13,871$9,454$6,355$3,365
32 years$27,074$18,927$12,942$8,689$5,749$2,968
33 years$25,967$17,924$12,084$7,990$5,202$2,618
34 years$24,928$16,988$11,291$7,352$4,710$2,310
35 years$23,951$16,113$10,556$6,768$4,266$2,039
36 years$23,029$15,293$9,875$6,233$3,865$1,800
37 years$22,160$14,525$9,243$5,743$3,503$1,589
38 years$21,338$13,804$8,656$5,293$3,176$1,403
39 years$20,561$13,126$8,109$4,881$2,880$1,239
40 years$19,824$12,489$7,601$4,502$2,612$1,095
41 years$19,125$11,888$7,127$4,153$2,370$967
42 years$18,461$11,322$6,686$3,833$2,151$855
43 years$17,829$10,787$6,273$3,538$1,952$755
44 years$17,228$10,282$5,889$3,267$1,772$667
45 years$16,655$9,805$5,529$3,017$1,608$590
46 years$16,109$9,354$5,193$2,787$1,460$521
47 years$15,588$8,926$4,879$2,575$1,326$461
48 years$15,089$8,521$4,585$2,379$1,204$407
49 years$14,613$8,138$4,310$2,199$1,094$360
50 years$14,157$7,773$4,052$2,032$993$318

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $14,500,000, adding $2,877 every year, while hoping to spend $29,747 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: 88/5/7 Blend
49$14,500,000$14,500,000$14,500,000$14,500,000
50$15,981,968$15,213,468$14,988,718$17,380,697
51$17,580,478$15,927,277$15,459,189$19,005,618
52$19,341,039$16,675,066$15,944,424$20,787,359
53$21,280,149$17,458,468$16,444,887$22,745,223
54$23,415,987$18,279,196$16,961,054$24,896,964
55$25,768,587$19,139,046$17,493,418$27,262,137
56$28,360,023$20,039,900$18,042,488$29,862,287
57$31,214,622$20,983,731$18,608,787$32,721,146
58$34,359,188$21,972,609$19,192,857$35,864,856
59$37,823,262$23,008,703$19,795,254$39,322,216
60$41,639,394$24,094,288$20,416,554$43,124,956
61$45,843,453$25,231,749$21,057,349$47,308,027
62$50,474,966$26,423,586$21,718,251$51,909,936
63$55,577,491$27,672,421$22,399,892$56,973,109
64$61,199,028$28,981,002$23,102,920$62,544,282
65$67,392,469$30,352,211$23,828,009$68,674,951
66$74,216,102$31,789,071$24,575,848$75,421,849
67$81,734,158$33,294,749$25,347,153$82,847,482
68$90,017,418$34,872,568$26,142,658$91,020,719
69$99,143,882$36,526,010$26,963,124$100,017,437
70$109,199,502$38,258,730$27,809,334$109,921,241
71$120,278,999$40,074,555$28,682,094$120,824,243
72$132,486,750$41,977,501$29,582,237$132,827,938
73$145,937,780$43,971,780$30,510,623$146,044,153
74$160,758,842$46,061,806$31,468,138$160,596,106
75$177,089,618$48,252,208$32,455,695$176,619,564
76$195,084,035$50,547,842$33,474,236$194,264,120
77$214,911,717$52,953,797$34,524,733$213,694,608
78$236,759,589$55,475,410$35,608,189$235,092,653
79$260,833,642$58,118,280$36,725,638$258,658,384
80$287,360,871$60,888,274$37,878,145$284,612,319
81$316,591,428$63,791,547$39,066,810$313,197,446
82$348,800,973$66,834,552$40,292,768$344,681,511
83$384,293,284$70,024,057$41,557,188$379,359,545
84$423,403,121$73,367,158$42,861,276$417,556,645
85$466,499,387$76,871,296$44,206,276$459,631,039
86$513,988,611$80,544,276$45,593,472$505,977,463
87$566,318,783$84,394,279$47,024,187$557,030,888
88$623,983,588$88,429,888$48,499,787$613,270,617
89$687,527,062$92,660,101$50,021,678$675,224,809
90$757,548,730$97,094,354$51,591,312$743,475,461
91$834,709,267$101,742,543$53,210,187$818,663,894
92$919,736,732$106,615,047$54,879,848$901,496,808
93$1,013,433,442$111,722,748$56,601,886$992,752,946
94$1,116,683,549$117,077,058$58,377,945$1,093,290,439
95$1,230,461,383$122,689,946$60,209,719$1,204,054,905
96$1,355,840,654$128,573,964$62,098,954$1,326,088,369
97$1,494,004,585$134,742,273$64,047,454$1,460,539,095
98$1,646,257,085$141,208,676$66,057,076$1,608,672,422
99$1,814,035,057$147,987,651$68,129,737$1,771,882,697
100$1,998,921,965$155,094,377$70,267,415$1,951,706,440