Can I retire at age 50 with 15,700,000?

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 $15,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,205,603
2 years$641,827$629,874$618,289$607,057$596,162$550,001
3 years$423,635$411,630$400,074$388,947$378,230$333,697
4 years$314,560$302,591$291,151$280,215$269,757$227,192
5 years$249,132$237,235$225,945$215,232$205,065$164,579
6 years$205,527$193,720$182,598$172,122$162,261$123,882
7 years$174,394$162,686$151,739$141,511$131,961$95,680
8 years$151,054$139,452$128,687$118,710$109,475$75,258
9 years$132,910$121,418$110,838$101,115$92,194$59,994
10 years$118,404$107,024$96,631$87,162$78,553$48,313
11 years$106,543$95,277$85,073$75,857$67,559$39,213
12 years$96,666$85,516$75,500$66,537$58,545$32,023
13 years$88,315$77,281$67,454$58,742$51,052$26,279
14 years$81,163$70,247$60,608$52,145$44,752$21,651
15 years$74,970$64,171$54,721$46,504$39,403$17,894
16 years$69,557$58,876$49,612$41,639$34,825$14,827
17 years$64,785$54,223$45,145$37,412$30,878$12,312
18 years$60,549$50,104$41,212$33,716$27,455$10,241
19 years$56,763$46,436$37,727$30,465$24,472$8,530
20 years$53,359$43,151$34,624$27,592$21,858$7,114
21 years$50,284$40,193$31,848$25,042$19,561$5,939
22 years$47,492$37,519$29,353$22,769$17,533$4,962
23 years$44,947$35,091$27,102$20,736$15,739$4,148
24 years$42,617$32,878$25,065$18,912$14,147$3,470
25 years$40,477$30,854$23,215$17,272$12,730$2,904
26 years$38,505$28,998$21,531$15,792$11,467$2,431
27 years$36,682$27,290$19,993$14,455$10,338$2,036
28 years$34,992$25,716$18,586$13,244$9,328$1,706
29 years$33,421$24,260$17,296$12,145$8,423$1,429
30 years$31,958$22,911$16,111$11,146$7,611$1,198
31 years$30,592$21,658$15,019$10,237$6,881$1,004
32 years$29,314$20,493$14,013$9,408$6,224$842
33 years$28,116$19,407$13,084$8,651$5,633$706
34 years$26,991$18,394$12,225$7,960$5,100$592
35 years$25,933$17,446$11,430$7,328$4,619$496
36 years$24,935$16,559$10,692$6,749$4,185$416
37 years$23,994$15,727$10,008$6,218$3,793$349
38 years$23,104$14,946$9,372$5,731$3,439$293
39 years$22,262$14,213$8,780$5,284$3,119$246
40 years$21,464$13,522$8,230$4,874$2,829$206
41 years$20,707$12,872$7,717$4,497$2,566$173
42 years$19,988$12,259$7,239$4,150$2,329$145
43 years$19,305$11,680$6,793$3,831$2,113$122
44 years$18,654$11,133$6,376$3,537$1,918$102
45 years$18,034$10,617$5,987$3,267$1,741$86
46 years$17,442$10,128$5,623$3,018$1,581$72
47 years$16,878$9,665$5,283$2,788$1,436$60
48 years$16,338$9,227$4,964$2,576$1,304$51
49 years$15,822$8,811$4,666$2,381$1,184$42
50 years$15,329$8,417$4,387$2,201$1,076$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,700,000, adding $5,723 every year, while hoping to spend $42,495 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: 40/45/15 Blend
49$15,700,000$15,700,000$15,700,000$15,700,000
50$17,307,303$16,475,203$16,231,853$17,922,121
51$19,027,434$17,237,274$16,730,406$19,120,848
52$20,921,594$18,035,262$17,244,236$20,412,237
53$23,007,488$18,870,882$17,773,810$21,808,351
54$25,304,629$19,745,932$18,319,610$23,318,713
55$27,834,515$20,662,296$18,882,130$24,953,768
56$30,620,837$21,621,950$19,461,883$26,724,969
57$33,689,700$22,626,964$20,059,394$28,644,883
58$37,069,873$23,679,508$20,675,207$30,727,299
59$40,793,053$24,781,857$21,309,879$32,987,350
60$44,894,172$25,936,396$21,963,988$35,441,651
61$49,411,722$27,145,624$22,638,127$38,108,439
62$54,388,121$28,412,162$23,332,907$41,007,746
63$59,870,109$29,738,758$24,048,959$44,161,567
64$65,909,193$31,128,290$24,786,932$47,594,069
65$72,562,132$32,583,778$25,547,496$51,331,798
66$79,891,473$34,108,386$26,331,340$55,403,927
67$87,966,138$35,705,432$27,139,175$59,842,514
68$96,862,080$37,378,394$27,971,733$64,682,793
69$106,662,994$39,130,918$28,829,768$69,963,496
70$117,461,113$40,966,826$29,714,059$75,727,203
71$129,358,073$42,890,127$30,625,406$82,020,733
72$142,465,874$44,905,021$31,564,635$88,895,566
73$156,907,940$47,015,913$32,532,597$96,408,319
74$172,820,278$49,227,421$33,530,167$104,621,260
75$190,352,768$51,544,387$34,558,249$113,602,880
76$209,670,574$53,971,885$35,617,774$123,428,526
77$230,955,703$56,515,238$36,709,701$134,181,087
78$254,408,726$59,180,026$37,835,017$145,951,761
79$280,250,667$61,972,098$38,994,740$158,840,896
80$308,725,091$64,897,587$40,189,921$172,958,913
81$340,100,406$67,962,925$41,421,639$188,427,328
82$374,672,391$71,174,852$42,691,008$205,379,879
83$412,766,994$74,540,439$43,999,175$223,963,757
84$454,743,405$78,067,097$45,347,325$244,340,975
85$500,997,445$81,762,598$46,736,673$266,689,870
86$551,965,310$85,635,091$48,168,477$291,206,758
87$608,127,679$89,693,118$49,644,029$318,107,756
88$670,014,260$93,945,639$51,164,662$347,630,795
89$738,208,786$98,402,046$52,731,749$380,037,831
90$813,354,525$103,072,190$54,346,706$415,617,287
91$896,160,356$107,966,396$56,010,989$454,686,736
92$987,407,456$113,095,494$57,726,102$497,595,869
93$1,087,956,682$118,470,838$59,493,591$544,729,748
94$1,198,756,688$124,104,334$61,315,051$596,512,411
95$1,320,852,891$130,008,467$63,192,126$653,410,823
96$1,455,397,332$136,196,328$65,126,508$715,939,248
97$1,603,659,555$142,681,643$67,119,942$784,664,052
98$1,767,038,594$149,478,807$69,174,224$860,209,001
99$1,947,076,176$156,602,914$71,291,205$943,261,102
100$2,145,471,280$164,069,791$73,472,795$1,034,577,032