Can I retire at age 50 with 15,300,000?

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 $15,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,212,863
2 years$625,475$613,826$602,537$591,591$580,973$573,729
3 years$412,841$401,142$389,881$379,038$368,593$361,510
4 years$306,545$294,882$283,734$273,075$262,884$256,015
5 years$242,784$231,191$220,189$209,748$199,840$193,207
6 years$200,291$188,785$177,945$167,737$158,127$151,737
7 years$169,950$158,541$147,873$137,906$128,599$122,457
8 years$147,205$135,899$125,408$115,686$106,686$100,791
9 years$129,524$118,325$108,014$98,539$89,845$84,195
10 years$115,387$104,297$94,169$84,941$76,552$71,146
11 years$103,829$92,850$82,905$73,924$65,837$60,671
12 years$94,203$83,337$73,576$64,842$57,053$52,122
13 years$86,065$75,312$65,735$57,245$49,752$45,050
14 years$79,095$68,457$59,064$50,816$43,612$39,135
15 years$73,060$62,537$53,326$45,319$38,399$34,141
16 years$67,785$57,376$48,348$40,578$33,937$29,892
17 years$63,135$52,841$43,995$36,459$30,091$26,252
18 years$59,006$48,828$40,162$32,857$26,756$23,117
19 years$55,316$45,253$36,766$29,689$23,848$20,402
20 years$52,000$42,051$33,742$26,889$21,302$18,042
21 years$49,003$39,169$31,036$24,404$19,062$15,982
22 years$46,282$36,563$28,605$22,189$17,087$14,179
23 years$43,802$34,197$26,411$20,208$15,338$12,596
24 years$41,531$32,040$24,426$18,431$13,786$11,202
25 years$39,446$30,068$22,623$16,832$12,405$9,973
26 years$37,524$28,259$20,982$15,390$11,174$8,887
27 years$35,747$26,595$19,484$14,087$10,075$7,925
28 years$34,100$25,060$18,113$12,907$9,091$7,073
29 years$32,570$23,642$16,855$11,836$8,209$6,316
30 years$31,144$22,327$15,700$10,862$7,417$5,643
31 years$29,813$21,106$14,637$9,976$6,706$5,045
32 years$28,568$19,971$13,656$9,168$6,066$4,512
33 years$27,400$18,913$12,751$8,431$5,489$4,036
34 years$26,304$17,925$11,914$7,757$4,970$3,613
35 years$25,272$17,002$11,139$7,141$4,502$3,234
36 years$24,300$16,137$10,420$6,577$4,079$2,896
37 years$23,383$15,326$9,753$6,060$3,697$2,594
38 years$22,516$14,566$9,133$5,585$3,351$2,324
39 years$21,695$13,850$8,557$5,150$3,039$2,083
40 years$20,918$13,178$8,020$4,750$2,757$1,867
41 years$20,180$12,544$7,520$4,382$2,501$1,674
42 years$19,479$11,946$7,054$4,044$2,269$1,500
43 years$18,813$11,382$6,620$3,734$2,059$1,345
44 years$18,179$10,850$6,214$3,447$1,869$1,207
45 years$17,574$10,346$5,834$3,184$1,697$1,082
46 years$16,998$9,870$5,480$2,941$1,541$971
47 years$16,448$9,419$5,148$2,717$1,399$871
48 years$15,922$8,992$4,838$2,511$1,271$781
49 years$15,419$8,587$4,547$2,320$1,154$701
50 years$14,938$8,202$4,275$2,145$1,048$629

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,300,000, adding $3,921 every year, while hoping to spend $52,090 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: 78/14/8 Blend
49$15,300,000$15,300,000$15,300,000$15,300,000
50$16,864,645$16,053,745$15,816,595$18,161,182
51$18,529,415$16,784,955$16,291,027$19,744,063
52$20,362,246$17,550,248$16,779,607$21,472,433
53$22,380,225$18,351,240$17,282,754$23,366,402
54$24,602,180$19,189,624$17,800,899$25,442,436
55$27,048,859$20,067,171$18,334,485$27,718,668
56$29,743,123$20,985,743$18,883,970$30,215,058
57$32,710,163$21,947,285$19,449,825$32,953,585
58$35,977,738$22,953,841$20,032,532$35,958,450
59$39,576,436$24,007,548$20,632,591$39,256,301
60$43,539,964$25,110,650$21,250,515$42,876,482
61$47,905,464$26,265,495$21,886,831$46,851,309
62$52,713,865$27,474,548$22,542,083$51,216,367
63$58,010,266$28,740,388$23,216,830$56,010,850
64$63,844,368$30,065,722$23,911,648$61,277,922
65$70,270,935$31,453,384$24,627,130$67,065,124
66$77,350,317$32,906,346$25,363,886$73,424,814
67$85,149,016$34,427,724$26,122,543$80,414,667
68$93,740,315$36,020,781$26,903,747$88,098,206
69$103,204,969$37,688,941$27,708,164$96,545,402
70$113,631,966$39,435,789$28,536,477$105,833,330
71$125,119,369$41,265,086$29,389,392$116,046,893
72$137,775,241$43,180,772$30,267,634$127,279,614
73$151,718,664$45,186,978$31,171,947$139,634,521
74$167,080,862$47,288,034$32,103,102$153,225,109
75$184,006,441$49,488,479$33,061,887$168,176,407
76$202,654,755$51,793,070$34,049,116$184,626,155
77$223,201,405$54,206,796$35,065,627$202,726,096
78$245,839,903$56,734,884$36,112,281$222,643,405
79$270,783,495$59,382,815$37,189,964$244,562,256
80$298,267,173$62,156,335$38,299,589$268,685,559
81$328,549,894$65,061,465$39,442,095$295,236,868
82$361,917,027$68,104,520$40,618,448$324,462,478
83$398,683,040$71,292,118$41,829,643$356,633,752
84$439,194,477$74,631,199$43,076,703$392,049,667
85$483,833,223$78,129,036$44,360,681$431,039,631
86$533,020,109$81,793,256$45,682,661$473,966,586
87$587,218,888$85,631,854$47,043,759$521,230,421
88$646,940,610$89,653,210$48,445,120$573,271,741
89$712,748,448$93,866,113$49,887,928$630,576,015
90$785,263,013$98,279,776$51,373,396$693,678,148
91$865,168,211$102,903,855$52,902,775$763,167,523
92$953,217,702$107,748,478$54,477,353$839,693,549
93$1,050,242,016$112,824,262$56,098,452$923,971,785
94$1,157,156,387$118,142,336$57,767,435$1,016,790,678
95$1,274,969,398$123,714,370$59,485,705$1,119,018,996
96$1,404,792,504$129,552,601$61,254,702$1,231,614,016
97$1,547,850,517$135,669,857$63,075,913$1,355,630,548
98$1,705,493,177$142,079,587$64,950,863$1,492,230,874
99$1,879,207,888$148,795,893$66,881,124$1,642,695,710
100$2,070,633,763$155,833,563$68,868,312$1,808,436,278