Can I retire at age 50 with 15,000,000?

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 $15,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$1,238,686$1,227,652$1,216,888$1,206,381$1,196,121$1,187,588
2 years$613,211$601,790$590,722$579,991$569,581$560,977
3 years$404,746$393,277$382,236$371,606$361,366$352,956
4 years$300,535$289,100$278,170$267,721$257,729$249,579
5 years$238,024$226,658$215,871$205,635$195,922$188,056
6 years$196,364$185,083$174,456$164,448$155,026$147,454
7 years$166,618$155,433$144,974$135,202$126,078$118,803
8 years$144,319$133,234$122,949$113,418$104,594$97,617
9 years$126,984$116,005$105,896$96,607$88,083$81,402
10 years$113,125$102,252$92,323$83,276$75,051$68,662
11 years$101,793$91,029$81,280$72,475$64,546$58,445
12 years$92,356$81,703$72,133$63,570$55,935$50,115
13 years$84,377$73,836$64,446$56,123$48,776$43,232
14 years$77,544$67,114$57,905$49,820$42,757$37,483
15 years$71,628$61,310$52,281$44,430$37,646$32,634
16 years$66,456$56,251$47,400$39,783$33,272$28,515
17 years$61,897$51,805$43,132$35,744$29,501$24,991
18 years$57,849$47,870$39,374$32,213$26,231$21,959
19 years$54,232$44,366$36,045$29,107$23,380$19,339
20 years$50,980$41,227$33,081$26,362$20,884$17,065
21 years$48,042$38,401$30,428$23,925$18,689$15,083
22 years$45,375$35,846$28,044$21,754$16,752$13,351
23 years$42,943$33,526$25,894$19,811$15,037$11,834
24 years$40,717$31,412$23,947$18,069$13,516$10,501
25 years$38,672$29,478$22,180$16,502$12,162$9,327
26 years$36,788$27,705$20,571$15,088$10,955$8,292
27 years$35,046$26,074$19,102$13,811$9,877$7,377
28 years$33,432$24,569$17,757$12,654$8,912$6,568
29 years$31,931$23,178$16,525$11,604$8,048$5,851
30 years$30,534$21,889$15,392$10,649$7,272$5,215
31 years$29,228$20,693$14,350$9,780$6,574$4,651
32 years$28,007$19,579$13,389$8,989$5,947$4,149
33 years$26,863$18,542$12,501$8,266$5,382$3,703
34 years$25,788$17,574$11,680$7,605$4,873$3,306
35 years$24,776$16,668$10,920$7,001$4,413$2,952
36 years$23,823$15,821$10,216$6,448$3,999$2,637
37 years$22,924$15,026$9,562$5,941$3,624$2,356
38 years$22,074$14,280$8,954$5,476$3,286$2,106
39 years$21,270$13,579$8,389$5,049$2,980$1,882
40 years$20,507$12,919$7,863$4,657$2,703$1,682
41 years$19,784$12,298$7,373$4,297$2,452$1,504
42 years$19,097$11,712$6,916$3,965$2,225$1,345
43 years$18,444$11,159$6,490$3,660$2,019$1,203
44 years$17,822$10,637$6,092$3,380$1,833$1,076
45 years$17,230$10,143$5,720$3,121$1,664$963
46 years$16,665$9,676$5,372$2,883$1,511$861
47 years$16,125$9,234$5,047$2,664$1,372$770
48 years$15,610$8,815$4,743$2,461$1,246$689
49 years$15,117$8,418$4,458$2,275$1,131$617
50 years$14,645$8,041$4,191$2,103$1,028$552

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,000,000, adding $5,729 every year, while hoping to spend $44,793 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: 48/47/5 Blend
49$15,000,000$15,000,000$15,000,000$15,000,000
50$16,535,909$15,740,909$15,508,409$17,308,537
51$18,174,913$16,464,555$15,980,282$18,560,613
52$19,979,593$17,222,157$16,466,461$19,913,972
53$21,966,803$18,015,334$16,967,378$21,382,185
54$24,155,110$18,845,778$17,483,478$22,975,933
55$26,564,977$19,715,267$18,015,221$24,706,939
56$29,218,951$20,625,662$18,563,077$26,588,073
57$32,141,877$21,578,912$19,127,533$28,633,462
58$35,361,133$22,577,064$19,709,090$30,858,624
59$38,906,888$23,622,259$20,308,264$33,280,599
60$42,812,386$24,716,745$20,925,586$35,918,108
61$47,114,260$25,862,877$21,561,604$38,791,717
62$51,852,878$27,063,121$22,216,882$41,924,025
63$57,072,724$28,320,066$22,891,999$45,339,868
64$62,822,816$29,636,423$23,587,555$49,066,544
65$69,157,170$31,015,035$24,304,165$53,134,057
66$76,135,311$32,458,882$25,042,465$57,575,396
67$83,822,832$33,971,086$25,803,106$62,426,832
68$92,292,014$35,554,922$26,586,763$67,728,246
69$101,622,509$37,213,823$27,394,129$73,523,501
70$111,902,091$38,951,386$28,225,919$79,860,835
71$123,227,484$40,771,384$29,082,867$86,793,311
72$135,705,275$42,677,770$29,965,731$94,379,296
73$149,452,922$44,674,689$30,875,292$102,683,006
74$164,599,858$46,766,488$31,812,352$111,775,091
75$181,288,719$48,957,720$32,777,741$121,733,286
76$199,676,683$51,253,163$33,772,310$132,643,132
77$219,936,959$53,657,823$34,796,937$144,598,765
78$242,260,421$56,176,948$35,852,527$157,703,784
79$266,857,408$58,816,043$36,940,010$172,072,210
80$293,959,710$61,580,875$38,060,347$187,829,545
81$323,822,756$64,477,494$39,214,524$205,113,936
82$356,728,026$67,512,240$40,403,560$224,077,453
83$392,985,708$70,691,763$41,628,502$244,887,504
84$432,937,622$74,023,032$42,890,429$267,728,393
85$476,960,455$77,513,355$44,190,454$292,803,031
86$525,469,307$81,170,395$45,529,719$320,334,828
87$578,921,616$85,002,185$46,909,405$350,569,771
88$637,821,476$89,017,147$48,330,725$383,778,723
89$702,724,393$93,224,113$49,794,930$420,259,941
90$774,242,528$97,632,341$51,303,308$460,341,867
91$853,050,480$102,251,541$52,857,183$504,386,193
92$939,891,654$107,091,891$54,457,923$552,791,238
93$1,035,585,272$112,164,063$56,106,934$605,995,675
94$1,141,034,117$117,479,250$57,805,663$664,482,631
95$1,257,233,047$123,049,183$59,555,603$728,784,209
96$1,385,278,392$128,886,167$61,358,289$799,486,470
97$1,526,378,300$135,003,101$63,215,305$877,234,917
98$1,681,864,147$141,413,513$65,128,277$962,740,550
99$1,853,203,101$148,131,586$67,098,885$1,056,786,520
100$2,042,011,975$155,172,192$69,128,856$1,160,235,481