Can I retire at age 50 with 14,800,000?

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 $14,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$1,222,170$1,211,284$1,200,662$1,190,296$1,180,173$1,138,299
2 years$605,035$593,767$582,846$572,257$561,987$520,246
3 years$399,350$388,033$377,140$366,651$356,548$316,252
4 years$296,528$285,245$274,461$264,151$254,293$215,750
5 years$234,850$223,636$212,993$202,894$193,309$156,620
6 years$193,746$182,615$172,130$162,256$152,959$118,151
7 years$164,396$153,360$143,041$133,399$124,397$91,463
8 years$142,395$131,458$121,310$111,905$103,199$72,111
9 years$125,291$114,458$104,484$95,319$86,909$57,627
10 years$111,617$100,889$91,092$82,165$74,050$46,525
11 years$100,435$89,816$80,196$71,509$63,686$37,860
12 years$91,125$80,614$71,172$62,723$55,189$31,001
13 years$83,252$72,851$63,587$55,375$48,126$25,510
14 years$76,510$66,220$57,133$49,155$42,187$21,075
15 years$70,673$60,493$51,584$43,838$37,144$17,468
16 years$65,570$55,501$46,768$39,252$32,828$14,516
17 years$61,072$51,114$42,557$35,268$29,108$12,089
18 years$57,078$47,232$38,849$31,783$25,881$10,086
19 years$53,509$43,774$35,565$28,719$23,069$8,427
20 years$50,301$40,677$32,639$26,011$20,605$7,050
21 years$47,402$37,889$30,022$23,606$18,439$5,903
22 years$44,770$35,368$27,670$21,463$16,528$4,947
23 years$42,370$33,079$25,548$19,547$14,837$4,149
24 years$40,174$30,993$23,628$17,828$13,336$3,482
25 years$38,157$29,085$21,884$16,282$12,000$2,923
26 years$36,298$27,336$20,296$14,887$10,809$2,456
27 years$34,579$25,726$18,847$13,627$9,745$2,063
28 years$32,986$24,241$17,521$12,485$8,793$1,734
29 years$31,506$22,869$16,305$11,449$7,940$1,458
30 years$30,126$21,597$15,187$10,507$7,175$1,226
31 years$28,839$20,417$14,158$9,650$6,486$1,031
32 years$27,634$19,318$13,210$8,869$5,867$867
33 years$26,505$18,295$12,334$8,155$5,310$729
34 years$25,444$17,339$11,524$7,504$4,808$614
35 years$24,446$16,446$10,775$6,908$4,354$516
36 years$23,506$15,610$10,079$6,362$3,945$434
37 years$22,618$14,826$9,434$5,861$3,576$366
38 years$21,780$14,090$8,835$5,403$3,242$308
39 years$20,986$13,398$8,277$4,982$2,940$259
40 years$20,234$12,747$7,758$4,595$2,666$218
41 years$19,520$12,134$7,275$4,239$2,419$183
42 years$18,843$11,556$6,824$3,912$2,195$154
43 years$18,198$11,010$6,403$3,612$1,992$130
44 years$17,585$10,495$6,011$3,335$1,808$109
45 years$17,000$10,008$5,644$3,080$1,642$92
46 years$16,442$9,547$5,301$2,845$1,491$77
47 years$15,910$9,111$4,980$2,628$1,353$65
48 years$15,402$8,698$4,680$2,429$1,229$55
49 years$14,915$8,306$4,399$2,244$1,116$46
50 years$14,450$7,934$4,135$2,075$1,014$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $14,800,000, adding $5,655 every year, while hoping to spend $36,824 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: 69/21/10 Blend
49$14,800,000$14,800,000$14,800,000$14,800,000
50$16,315,433$15,531,033$15,301,633$17,408,194
51$17,940,427$16,252,873$15,775,057$18,855,531
52$19,729,936$17,008,849$16,263,107$20,433,316
53$21,700,702$17,800,595$16,766,234$22,158,365
54$23,871,172$18,629,824$17,284,902$24,045,133
55$26,261,676$19,498,330$17,819,590$26,109,522
56$28,894,615$20,407,995$18,370,794$28,369,030
57$31,794,672$21,360,793$18,939,022$30,842,915
58$34,989,048$22,358,792$19,524,799$33,552,369
59$38,507,717$23,404,159$20,128,666$36,520,716
60$42,383,708$24,499,167$20,751,180$39,773,632
61$46,653,420$25,646,199$21,392,918$43,339,375
62$51,356,958$26,847,753$22,054,470$47,249,055
63$56,538,522$28,106,446$22,736,449$51,536,919
64$62,246,815$29,425,026$23,439,484$56,240,669
65$68,535,506$30,806,368$24,164,223$61,401,817
66$75,463,739$32,253,491$24,911,335$67,066,068
67$83,096,686$33,769,558$25,681,510$73,283,745
68$91,506,166$35,357,885$26,475,460$80,110,263
69$100,771,323$37,021,949$27,293,915$87,606,643
70$110,979,368$38,765,395$28,137,632$95,840,080
71$122,226,410$40,592,045$29,007,389$104,884,574
72$134,618,355$42,505,907$29,903,987$114,821,622
73$148,271,911$44,511,180$30,828,254$125,740,976
74$163,315,688$46,612,270$31,781,043$137,741,488
75$179,891,411$48,813,794$32,763,231$150,932,032
76$198,155,260$51,120,596$33,775,725$165,432,522
77$218,279,342$53,537,750$34,819,457$181,375,041
78$240,453,317$56,070,581$35,895,390$198,905,075
79$264,886,185$58,724,670$37,004,516$218,182,876
80$291,808,264$61,505,867$38,147,856$239,384,968
81$321,473,362$64,420,309$39,326,464$262,705,802
82$354,161,171$67,474,430$40,541,426$288,359,579
83$390,179,908$70,674,975$41,793,861$316,582,265
84$429,869,226$74,029,017$43,084,923$347,633,802
85$473,603,421$77,543,972$44,415,802$381,800,553
86$521,794,960$81,227,617$45,787,722$419,397,992
87$574,898,383$85,088,107$47,201,947$460,773,667
88$633,414,585$89,133,991$48,659,779$506,310,468
89$697,895,552$93,374,236$50,162,561$556,430,228
90$768,949,566$97,818,242$51,711,675$611,597,688
91$847,246,953$102,475,867$53,308,548$672,324,867
92$933,526,407$107,357,448$54,954,648$739,175,885
93$1,028,601,962$112,473,826$56,651,491$812,772,261
94$1,133,370,685$117,836,365$58,400,638$893,798,772
95$1,248,821,133$123,456,986$60,203,698$983,009,890
96$1,376,042,697$129,348,186$62,062,330$1,081,236,891
97$1,516,235,877$135,523,072$63,978,243$1,189,395,675
98$1,670,723,621$141,995,388$65,953,199$1,308,495,396
99$1,840,963,813$148,779,544$67,989,014$1,439,647,962
100$2,028,563,036$155,890,656$70,087,560$1,584,078,510