Can I retire at age 50 with 15,900,000?

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 $15,900,000?

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$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,240,768
2 years$650,004$637,898$626,165$614,790$603,756$576,565
3 years$429,031$416,873$405,171$393,902$383,048$356,634
4 years$318,567$306,446$294,860$283,784$273,193$247,761
5 years$252,305$240,257$228,824$217,973$207,677$183,298
6 years$208,146$196,188$184,924$174,315$164,328$141,028
7 years$176,615$164,759$153,672$143,314$133,642$111,426
8 years$152,978$141,229$130,326$120,223$110,869$89,729
9 years$134,604$122,965$112,250$102,403$93,368$73,289
10 years$119,912$108,387$97,862$88,272$79,554$60,516
11 years$107,900$96,491$86,156$76,823$68,419$50,398
12 years$97,897$86,605$76,461$67,384$59,291$42,258
13 years$89,440$78,266$68,313$59,490$51,703$35,629
14 years$82,197$71,141$61,380$52,809$45,322$30,176
15 years$75,925$64,989$55,418$47,096$39,905$25,653
16 years$70,443$59,626$50,244$42,170$35,268$21,875
17 years$65,611$54,913$45,720$37,889$31,271$18,703
18 years$61,320$50,742$41,737$34,146$27,805$16,025
19 years$57,486$47,028$38,208$30,854$24,783$13,757
20 years$54,039$43,700$35,065$27,944$22,137$11,828
21 years$50,925$40,705$32,253$25,361$19,810$10,183
22 years$48,097$37,997$29,726$23,059$17,757$8,777
23 years$45,519$35,538$27,447$21,000$15,940$7,572
24 years$43,160$33,296$25,384$19,153$14,327$6,538
25 years$40,993$31,247$23,511$17,492$12,892$5,650
26 years$38,995$29,367$21,805$15,994$11,613$4,885
27 years$37,149$27,638$20,248$14,639$10,470$4,226
28 years$35,438$26,043$18,823$13,413$9,447$3,658
29 years$33,847$24,569$17,516$12,300$8,530$3,167
30 years$32,366$23,203$16,316$11,288$7,708$2,743
31 years$30,982$21,934$15,211$10,367$6,969$2,377
32 years$29,688$20,754$14,192$9,528$6,304$2,060
33 years$28,475$19,654$13,251$8,762$5,705$1,785
34 years$27,335$18,628$12,381$8,061$5,165$1,548
35 years$26,263$17,668$11,575$7,421$4,678$1,342
36 years$25,253$16,770$10,829$6,835$4,239$1,164
37 years$24,300$15,927$10,135$6,297$3,842$1,010
38 years$23,399$15,137$9,491$5,804$3,483$876
39 years$22,546$14,394$8,892$5,352$3,158$760
40 years$21,738$13,694$8,335$4,936$2,865$659
41 years$20,971$13,036$7,815$4,554$2,599$572
42 years$20,243$12,415$7,331$4,203$2,358$496
43 years$19,551$11,829$6,879$3,880$2,140$431
44 years$18,891$11,275$6,457$3,582$1,943$374
45 years$18,263$10,752$6,063$3,309$1,764$324
46 years$17,664$10,257$5,695$3,056$1,601$281
47 years$17,093$9,788$5,350$2,823$1,454$244
48 years$16,546$9,344$5,028$2,609$1,320$212
49 years$16,024$8,923$4,726$2,411$1,199$184
50 years$15,524$8,524$4,443$2,229$1,089$160

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $15,900,000, adding $2,947 every year, while hoping to spend $46,769 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: 70/18/12 Blend
49$15,900,000$15,900,000$15,900,000$15,900,000
50$17,524,840$16,682,140$16,435,690$18,706,681
51$19,262,612$17,449,803$16,936,524$20,258,710
52$21,176,069$18,253,514$17,452,568$21,950,639
53$23,283,081$19,094,990$17,984,283$23,800,956
54$25,603,342$19,976,030$18,532,142$25,825,249
55$28,158,548$20,898,521$19,096,634$28,040,673
56$30,972,611$21,864,440$19,678,263$30,466,109
57$34,071,878$22,875,858$20,277,545$33,122,337
58$37,485,382$23,934,948$20,895,016$36,032,229
59$41,245,116$25,043,985$21,531,224$39,220,963
60$45,386,334$26,205,357$22,186,736$42,716,254
61$49,947,884$27,421,563$22,862,135$46,548,616
62$54,972,575$28,695,226$23,558,023$50,751,639
63$60,507,579$30,029,094$24,275,019$55,362,310
64$66,604,880$31,426,047$25,013,759$60,421,350
65$73,321,759$32,889,105$25,774,902$65,973,600
66$80,721,340$34,421,432$26,559,122$72,068,434
67$88,873,183$36,026,348$27,367,119$78,760,223
68$97,853,938$37,707,330$28,199,608$86,108,844
69$107,748,075$39,468,025$29,057,331$94,180,234
70$118,648,675$41,312,254$29,941,047$103,047,013
71$130,658,310$43,244,025$30,851,542$112,789,160
72$143,890,013$45,267,538$31,789,625$123,494,762
73$158,468,344$47,387,196$32,756,126$135,260,839
74$174,530,563$49,607,617$33,751,904$148,194,252
75$192,227,929$51,933,639$34,777,842$162,412,707
76$211,727,127$54,370,337$35,834,849$178,045,853
77$233,211,840$56,923,029$36,923,863$195,236,506
78$256,884,483$59,597,292$38,045,847$214,141,981
79$282,968,114$62,398,973$39,201,796$234,935,573
80$311,708,539$65,334,201$40,392,735$257,808,182
81$343,376,635$68,409,402$41,619,716$282,970,106
82$378,270,902$71,631,313$42,883,827$310,653,015
83$416,720,285$75,006,998$44,186,186$341,112,129
84$459,087,276$78,543,863$45,527,945$374,628,618
85$505,771,338$82,249,672$46,910,291$411,512,240
86$557,212,675$86,132,566$48,334,446$452,104,258
87$613,896,387$90,201,081$49,801,669$496,780,647
88$676,357,050$94,464,165$51,313,257$545,955,628
89$745,183,763$98,931,203$52,870,544$600,085,571
90$821,025,706$103,612,032$54,474,907$659,673,283
91$904,598,274$108,516,967$56,127,762$725,272,741
92$996,689,824$113,656,824$57,830,568$797,494,309
93$1,098,169,121$119,042,944$59,584,828$877,010,480
94$1,209,993,540$124,687,217$61,392,088$964,562,211
95$1,333,218,102$130,602,112$63,253,944$1,060,965,897
96$1,469,005,434$136,800,700$65,172,036$1,167,121,061
97$1,618,636,744$143,296,691$67,148,056$1,284,018,826
98$1,783,523,921$150,104,457$69,183,744$1,412,751,252
99$1,965,222,855$157,239,070$71,280,894$1,554,521,623
100$2,165,448,134$164,716,332$73,441,352$1,710,655,786