Can I retire at age 50 with 14,900,000?

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 $14,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$1,230,428$1,219,468$1,208,775$1,198,338$1,188,147$1,167,503
2 years$609,123$597,778$586,784$576,124$565,784$545,053
3 years$402,048$390,655$379,688$369,128$358,957$338,783
4 years$298,531$287,173$276,316$265,936$256,011$236,551
5 years$236,437$225,147$214,432$204,264$194,615$175,925
6 years$195,055$183,849$173,293$163,352$153,993$136,093
7 years$165,507$154,396$144,007$134,301$125,237$108,133
8 years$143,357$132,346$122,130$112,661$103,896$87,584
9 years$126,138$115,231$105,190$95,963$87,496$71,966
10 years$112,371$101,571$91,707$82,721$74,551$59,790
11 years$101,114$90,422$80,738$71,992$64,116$50,109
12 years$91,740$81,158$71,653$63,146$55,562$42,289
13 years$83,815$73,343$64,017$55,749$48,451$35,892
14 years$77,027$66,667$57,519$49,488$42,472$30,605
15 years$71,150$60,902$51,932$44,134$37,395$26,198
16 years$66,013$55,876$47,084$39,517$33,050$22,499
17 years$61,484$51,460$42,845$35,506$29,305$19,374
18 years$57,464$47,551$39,112$31,998$26,056$16,722
19 years$53,870$44,070$35,805$28,913$23,225$14,461
20 years$50,640$40,952$32,860$26,186$20,745$12,527
21 years$47,722$38,145$30,225$23,766$18,564$10,868
22 years$45,072$35,607$27,857$21,609$16,640$9,439
23 years$42,657$33,303$25,721$19,679$14,937$8,208
24 years$40,446$31,202$23,787$17,949$13,426$7,143
25 years$38,415$29,282$22,032$16,392$12,081$6,221
26 years$36,543$27,520$20,434$14,988$10,882$5,423
27 years$34,813$25,900$18,974$13,719$9,811$4,729
28 years$33,209$24,405$17,639$12,569$8,853$4,126
29 years$31,718$23,023$16,415$11,526$7,994$3,602
30 years$30,330$21,743$15,290$10,578$7,223$3,146
31 years$29,034$20,555$14,254$9,715$6,530$2,748
32 years$27,821$19,449$13,299$8,929$5,907$2,401
33 years$26,684$18,418$12,418$8,211$5,346$2,099
34 years$25,616$17,456$11,602$7,554$4,840$1,835
35 years$24,611$16,557$10,847$6,954$4,384$1,605
36 years$23,665$15,715$10,147$6,405$3,972$1,404
37 years$22,771$14,926$9,498$5,901$3,600$1,228
38 years$21,927$14,185$8,894$5,439$3,264$1,074
39 years$21,128$13,488$8,333$5,015$2,960$940
40 years$20,371$12,833$7,811$4,626$2,685$822
41 years$19,652$12,216$7,324$4,268$2,435$720
42 years$18,970$11,634$6,870$3,939$2,210$630
43 years$18,321$11,085$6,447$3,636$2,006$551
44 years$17,703$10,566$6,051$3,357$1,821$483
45 years$17,115$10,076$5,682$3,100$1,653$422
46 years$16,553$9,612$5,337$2,864$1,501$370
47 years$16,018$9,173$5,014$2,646$1,363$324
48 years$15,506$8,757$4,711$2,445$1,237$283
49 years$15,016$8,362$4,428$2,260$1,124$248
50 years$14,548$7,988$4,163$2,089$1,021$217

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $14,900,000, adding $2,277 every year, while hoping to spend $20,218 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: 74/11/15 Blend
49$14,900,000$14,900,000$14,900,000$14,900,000
50$16,422,149$15,632,449$15,401,499$17,583,178
51$18,075,696$16,376,927$15,895,937$19,096,218
52$19,897,228$17,157,207$16,406,262$20,750,848
53$21,903,857$17,975,022$16,932,983$22,563,296
54$24,114,441$18,832,188$17,476,629$24,549,232
55$26,549,760$19,730,613$18,037,743$26,725,907
56$29,232,716$20,672,292$18,616,887$29,112,311
57$32,188,541$21,659,323$19,214,641$31,729,356
58$35,445,045$22,693,902$19,831,604$34,600,065
59$39,032,870$23,778,334$20,468,393$37,749,787
60$42,985,784$24,915,034$21,125,646$41,206,439
61$47,341,001$26,106,537$21,804,021$45,000,761
62$52,139,525$27,355,500$22,504,198$49,166,603
63$57,426,545$28,664,708$23,226,878$53,741,248
64$63,251,859$30,037,085$23,972,784$58,765,751
65$69,670,340$31,475,694$24,742,664$64,285,333
66$76,742,461$32,983,748$25,537,289$70,349,797
67$84,534,858$34,564,619$26,357,455$77,013,997
68$93,120,968$36,221,839$27,203,983$84,338,353
69$102,581,712$37,959,114$28,077,722$92,389,415
70$113,006,268$39,780,332$28,979,548$101,240,489
71$124,492,907$41,689,569$29,910,362$110,972,325
72$137,149,924$43,691,097$30,871,099$121,673,872
73$151,096,656$45,789,401$31,862,721$133,443,114
74$166,464,614$47,989,181$32,886,222$146,387,993
75$183,398,722$50,295,368$33,942,627$160,627,418
76$202,058,682$52,713,131$35,032,995$176,292,384
77$222,620,486$55,247,894$36,158,420$193,527,206
78$245,278,077$57,905,342$37,320,028$212,490,870
79$270,245,176$60,691,439$38,518,984$233,358,531
80$297,757,305$63,612,440$39,756,491$256,323,159
81$328,074,006$66,674,905$41,033,789$281,597,356
82$361,481,291$69,885,712$42,352,158$309,415,352
83$398,294,348$73,252,077$43,712,920$340,035,212
84$438,860,508$76,781,565$45,117,439$373,741,265
85$483,562,530$80,482,113$46,567,124$410,846,776
86$532,822,214$84,362,042$48,063,429$451,696,899
87$587,104,379$88,430,082$49,607,853$496,671,927
88$646,921,256$92,695,386$51,201,946$546,190,869
89$712,837,319$97,167,555$52,847,307$600,715,399
90$785,474,619$101,856,658$54,545,584$660,754,205
91$865,518,652$106,773,256$56,298,483$726,867,777
92$953,724,833$111,928,425$58,107,761$799,673,694
93$1,050,925,628$117,333,780$59,975,233$879,852,434
94$1,158,038,412$123,001,504$61,902,773$968,153,797
95$1,276,074,128$128,944,376$63,892,314$1,065,403,960
96$1,406,146,834$135,175,796$65,945,852$1,172,513,271
97$1,549,484,221$141,709,819$68,065,448$1,290,484,830
98$1,707,439,199$148,561,188$70,253,228$1,420,423,938
99$1,881,502,674$155,745,363$72,511,387$1,563,548,523
100$2,073,317,620$163,278,559$74,842,193$1,721,200,623