Can I retire at age 50 with 15,600,000?

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 $15,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$1,288,233$1,276,759$1,265,563$1,254,636$1,243,966$1,217,357
2 years$637,739$625,862$614,351$603,190$592,365$565,686
3 years$420,936$409,008$397,526$386,470$375,821$349,905
4 years$312,556$300,664$289,297$278,430$268,038$243,086
5 years$247,545$235,724$224,506$213,861$203,758$179,839
6 years$204,218$192,487$181,434$171,026$161,227$138,367
7 years$173,283$161,650$150,773$140,610$131,121$109,324
8 years$150,092$138,564$127,867$117,954$108,777$88,036
9 years$132,064$120,645$110,132$100,471$91,606$71,906
10 years$117,650$106,342$96,016$86,607$78,053$59,374
11 years$105,864$94,670$84,531$75,374$67,128$49,447
12 years$96,050$84,971$75,019$66,113$58,172$41,461
13 years$87,752$76,789$67,024$58,368$50,727$34,957
14 years$80,646$69,799$60,222$51,813$44,467$29,606
15 years$74,493$63,763$54,372$46,208$39,152$25,169
16 years$69,114$58,501$49,296$41,374$34,603$21,463
17 years$64,373$53,877$44,858$37,174$30,681$18,350
18 years$60,163$49,785$40,949$33,501$27,280$15,723
19 years$56,401$46,140$37,487$30,271$24,316$13,497
20 years$53,019$42,876$34,404$27,417$21,719$11,605
21 years$49,964$39,937$31,645$24,882$19,436$9,991
22 years$47,190$37,280$29,166$22,624$17,422$8,611
23 years$44,661$34,867$26,929$20,604$15,639$7,429
24 years$42,346$32,668$24,905$18,792$14,057$6,415
25 years$40,219$30,657$23,067$17,162$12,649$5,543
26 years$38,260$28,813$21,394$15,692$11,394$4,793
27 years$36,448$27,116$19,866$14,363$10,272$4,146
28 years$34,769$25,552$18,468$13,160$9,269$3,589
29 years$33,209$24,105$17,186$12,068$8,369$3,107
30 years$31,755$22,765$16,008$11,075$7,562$2,691
31 years$30,398$21,520$14,924$10,172$6,837$2,332
32 years$29,128$20,362$13,924$9,348$6,185$2,021
33 years$27,937$19,284$13,001$8,596$5,597$1,752
34 years$26,819$18,277$12,147$7,909$5,068$1,519
35 years$25,768$17,335$11,357$7,281$4,590$1,317
36 years$24,776$16,453$10,624$6,706$4,159$1,142
37 years$23,841$15,627$9,944$6,178$3,769$990
38 years$22,957$14,851$9,312$5,695$3,417$859
39 years$22,120$14,122$8,725$5,251$3,099$745
40 years$21,328$13,436$8,177$4,843$2,811$647
41 years$20,576$12,790$7,668$4,468$2,550$561
42 years$19,861$12,181$7,193$4,124$2,314$487
43 years$19,182$11,606$6,749$3,807$2,100$422
44 years$18,535$11,063$6,335$3,515$1,906$367
45 years$17,919$10,549$5,949$3,246$1,730$318
46 years$17,331$10,063$5,587$2,998$1,571$276
47 years$16,770$9,604$5,249$2,770$1,427$240
48 years$16,234$9,168$4,933$2,560$1,296$208
49 years$15,722$8,755$4,636$2,366$1,177$181
50 years$15,231$8,363$4,359$2,187$1,069$157

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,600,000, adding $6,889 every year, while hoping to spend $58,099 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: 81/13/6 Blend
49$15,600,000$15,600,000$15,600,000$15,600,000
50$17,198,306$16,371,506$16,129,706$18,583,691
51$18,890,716$17,111,893$16,608,234$20,231,282
52$20,753,805$17,886,612$17,100,846$22,030,685
53$22,804,921$18,697,283$17,607,952$24,003,731
54$25,063,178$19,545,605$18,129,974$26,167,742
55$27,549,641$20,433,358$18,667,346$28,541,788
56$30,287,518$21,362,407$19,220,516$31,146,869
57$33,302,385$22,334,705$19,789,943$34,006,109
58$36,622,423$23,352,300$20,376,101$37,144,971
59$40,278,685$24,417,338$20,979,476$40,591,499
60$44,305,391$25,532,067$21,600,568$44,376,573
61$48,740,246$26,698,844$22,239,892$48,534,206
62$53,624,801$27,920,137$22,897,979$53,101,855
63$59,004,842$29,198,535$23,575,372$58,120,777
64$64,930,822$30,536,749$24,272,633$63,636,412
65$71,458,338$31,937,622$24,990,339$69,698,810
66$78,648,654$33,404,131$25,729,081$76,363,101
67$86,569,282$34,939,399$26,489,470$83,690,010
68$95,294,616$36,546,697$27,272,134$91,746,429
69$104,906,634$38,229,452$28,077,719$100,606,041
70$115,495,676$39,991,260$28,906,887$110,350,015
71$127,161,289$41,835,887$29,760,322$121,067,768
72$140,013,175$43,767,279$30,638,727$132,857,801
73$154,172,217$45,789,575$31,542,823$145,828,629
74$169,771,630$47,907,110$32,473,354$160,099,798
75$186,958,209$50,124,431$33,431,084$175,803,008
76$205,893,720$52,446,302$34,416,799$193,083,355
77$226,756,425$54,877,716$35,431,307$212,100,689
78$249,742,764$57,423,908$36,475,440$233,031,123
79$275,069,212$60,090,365$37,550,053$256,068,687
80$302,974,316$62,882,838$38,656,025$281,427,155
81$333,720,955$65,807,356$39,794,260$309,342,053
82$367,598,813$68,870,237$40,965,689$340,072,882
83$404,927,121$72,078,107$42,171,268$373,905,555
84$446,057,662$75,437,909$43,411,980$411,155,089
85$491,378,100$78,956,923$44,688,837$452,168,577
86$541,315,632$82,642,779$46,002,880$497,328,450
87$596,341,028$86,503,476$47,355,178$547,056,083
88$656,973,067$90,547,401$48,746,830$601,815,761
89$723,783,439$94,783,343$50,178,968$662,119,056
90$797,402,141$99,220,518$51,652,755$728,529,645
91$878,523,424$103,868,588$53,169,387$801,668,622
92$967,912,346$108,737,681$54,730,094$882,220,351
93$1,066,411,992$113,838,414$56,336,139$970,938,916
94$1,174,951,439$119,181,920$57,988,824$1,068,655,225
95$1,294,554,520$124,779,869$59,689,484$1,176,284,850
96$1,426,349,494$130,644,495$61,439,494$1,294,836,651
97$1,571,579,693$136,788,626$63,240,268$1,425,422,288
98$1,731,615,263$143,225,710$65,093,258$1,569,266,705
99$1,907,966,096$149,969,846$66,999,958$1,727,719,679
100$2,102,296,085$157,035,815$68,961,904$1,902,268,545