Can I retire at age 50 with 15,400,000?

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 $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,189,184
2 years$629,563$617,838$606,475$595,457$584,770$545,998
3 years$415,540$403,764$392,429$381,515$371,002$333,508
4 years$308,549$296,809$285,588$274,860$264,602$228,673
5 years$244,371$232,702$221,628$211,119$201,146$166,879
6 years$201,600$190,019$179,108$168,834$159,160$126,583
7 years$171,061$159,577$148,840$138,807$129,440$98,551
8 years$148,168$136,787$126,228$116,442$107,383$78,161
9 years$130,371$119,098$108,720$99,183$90,432$62,844
10 years$116,142$104,979$94,785$85,497$77,052$51,058
11 years$104,507$93,457$83,447$74,408$66,268$41,818
12 years$94,819$83,882$74,057$65,265$57,426$34,471
13 years$86,627$75,805$66,165$57,620$50,077$28,559
14 years$79,612$68,904$59,450$51,148$43,897$23,759
15 years$73,538$62,945$53,675$45,615$38,650$19,833
16 years$68,228$57,751$48,664$40,844$34,159$16,601
17 years$63,548$53,187$44,283$36,698$30,288$13,928
18 years$59,392$49,147$40,424$33,072$26,931$11,707
19 years$55,678$45,549$37,006$29,883$24,004$9,855
20 years$52,340$42,326$33,963$27,065$21,441$8,308
21 years$49,323$39,425$31,239$24,563$19,187$7,011
22 years$46,585$36,802$28,792$22,334$17,198$5,922
23 years$44,088$34,420$26,584$20,340$15,438$5,006
24 years$41,803$32,249$24,586$18,551$13,876$4,234
25 years$39,704$30,264$22,771$16,942$12,487$3,584
26 years$37,769$28,444$21,119$15,491$11,247$3,034
27 years$35,981$26,769$19,611$14,179$10,141$2,570
28 years$34,323$25,224$18,231$12,991$9,150$2,178
29 years$32,783$23,796$16,966$11,913$8,262$1,846
30 years$31,348$22,473$15,803$10,933$7,465$1,565
31 years$30,008$21,244$14,732$10,041$6,749$1,327
32 years$28,754$20,101$13,746$9,228$6,105$1,125
33 years$27,579$19,036$12,834$8,486$5,525$955
34 years$26,475$18,042$11,992$7,808$5,003$810
35 years$25,437$17,113$11,211$7,188$4,531$687
36 years$24,459$16,242$10,488$6,620$4,105$583
37 years$23,535$15,427$9,817$6,099$3,721$495
38 years$22,663$14,661$9,193$5,622$3,373$420
39 years$21,837$13,941$8,613$5,183$3,059$356
40 years$21,054$13,264$8,073$4,781$2,775$302
41 years$20,312$12,626$7,570$4,411$2,517$257
42 years$19,606$12,024$7,101$4,071$2,284$218
43 years$18,936$11,457$6,663$3,758$2,073$185
44 years$18,297$10,921$6,254$3,470$1,882$157
45 years$17,689$10,414$5,873$3,204$1,708$133
46 years$17,109$9,934$5,516$2,960$1,551$113
47 years$16,555$9,481$5,182$2,735$1,408$96
48 years$16,026$9,050$4,869$2,527$1,279$81
49 years$15,520$8,643$4,577$2,335$1,162$69
50 years$15,036$8,256$4,303$2,159$1,055$59

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,400,000, adding $5,155 every year, while hoping to spend $27,071 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: 66/14/20 Blend
49$15,400,000$15,400,000$15,400,000$15,400,000
50$16,976,117$16,159,917$15,921,217$18,010,801
51$18,678,878$16,922,950$16,425,775$19,468,363
52$20,554,413$17,722,464$16,946,328$21,057,566
53$22,620,317$18,560,218$17,483,383$22,794,256
54$24,895,977$19,438,057$18,037,465$24,692,916
55$27,402,759$20,357,914$18,609,112$26,769,479
56$30,164,206$21,321,817$19,198,882$29,041,481
57$33,206,260$22,331,892$19,807,351$31,528,224
58$36,557,512$23,390,367$20,435,110$34,250,950
59$40,249,463$24,499,581$21,082,771$37,233,043
60$44,316,831$25,661,983$21,750,967$40,500,241
61$48,797,871$26,880,143$22,440,348$44,080,882
62$53,734,740$28,156,757$23,151,585$48,006,162
63$59,173,894$29,494,648$23,885,373$52,310,427
64$65,166,524$30,896,779$24,642,427$57,031,493
65$71,769,045$32,366,257$25,423,484$62,211,001
66$79,043,623$33,906,338$26,229,306$67,894,800
67$87,058,763$35,520,439$27,060,678$74,133,380
68$95,889,957$37,212,140$27,918,410$80,982,341
69$105,620,395$38,985,198$28,803,340$88,502,914
70$116,341,753$40,843,550$29,716,329$96,762,532
71$128,155,053$42,791,326$30,658,268$105,835,463
72$141,171,623$44,832,855$31,630,074$115,803,502
73$155,514,143$46,972,679$32,632,696$126,756,741
74$171,317,805$49,215,560$33,667,110$138,794,409
75$188,731,588$51,566,490$34,734,326$152,025,803
76$207,919,668$54,030,706$35,835,384$166,571,315
77$229,062,962$56,613,698$36,971,357$182,563,558
78$252,360,840$59,321,225$38,143,353$200,148,614
79$278,033,005$62,159,324$39,352,515$219,487,400
80$306,321,568$65,134,328$40,600,021$240,757,181
81$337,493,335$68,252,877$41,887,089$264,153,238
82$371,842,322$71,521,934$43,214,972$289,890,696
83$409,692,532$74,948,803$44,584,967$318,206,551
84$451,401,016$78,541,140$45,998,409$349,361,892
85$497,361,240$82,306,976$47,456,677$383,644,362
86$548,006,803$86,254,734$48,961,192$421,370,854
87$603,815,526$90,393,246$50,513,422$462,890,500
88$665,313,969$94,731,774$52,114,880$508,587,949
89$733,082,394$99,280,031$53,767,129$558,886,988
90$807,760,250$104,048,205$55,471,780$614,254,531
91$890,052,207$109,046,978$57,230,496$675,205,008
92$980,734,806$114,287,554$59,044,991$742,305,217
93$1,080,663,794$119,781,682$60,917,036$816,179,650
94$1,190,782,201$125,541,684$62,848,457$897,516,378
95$1,312,129,243$131,580,484$64,841,137$987,073,532
96$1,445,850,131$137,911,633$66,897,021$1,085,686,440
97$1,593,206,887$144,549,346$69,018,114$1,194,275,496
98$1,755,590,253$151,508,528$71,206,484$1,313,854,833
99$1,934,532,825$158,804,812$73,464,268$1,445,541,876
100$2,131,723,519$166,454,593$75,793,666$1,590,567,870