Can I retire at age 50 with 16,300,000?

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 $16,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$1,346,039$1,334,049$1,322,351$1,310,934$1,299,785$1,281,949
2 years$666,356$653,946$641,918$630,257$618,945$601,008
3 years$439,824$427,361$415,363$403,811$392,684$375,202
4 years$326,581$314,155$302,278$290,923$280,066$263,174
5 years$258,653$246,302$234,580$223,457$212,901$196,649
6 years$213,382$201,124$189,576$178,700$168,462$152,868
7 years$181,058$168,903$157,538$146,919$137,004$122,075
8 years$156,827$144,781$133,605$123,247$113,658$99,391
9 years$137,990$126,058$115,074$104,979$95,717$82,106
10 years$122,929$111,114$100,324$90,493$81,556$68,590
11 years$110,615$98,918$88,324$78,756$70,140$57,808
12 years$100,360$88,784$78,385$69,080$60,782$49,069
13 years$91,690$80,235$70,032$60,987$53,003$41,894
14 years$84,265$72,931$62,924$54,137$46,462$35,940
15 years$77,835$66,624$56,812$48,281$40,909$30,955
16 years$72,215$61,126$51,508$43,230$36,156$26,751
17 years$67,261$56,295$46,870$38,842$32,058$23,184
18 years$62,863$52,019$42,787$35,005$28,505$20,141
19 years$58,932$48,211$39,169$31,630$25,407$17,533
20 years$55,399$44,800$35,948$28,647$22,694$15,291
21 years$52,206$41,729$33,065$25,999$20,308$13,355
22 years$49,307$38,953$30,474$23,639$18,204$11,680
23 years$46,665$36,432$28,138$21,528$16,341$10,227
24 years$44,246$34,134$26,023$19,635$14,687$8,963
25 years$42,024$32,033$24,102$17,932$13,216$7,862
26 years$39,976$30,106$22,353$16,396$11,905$6,902
27 years$38,084$28,333$20,757$15,008$10,733$6,063
28 years$36,329$26,698$19,296$13,750$9,685$5,329
29 years$34,699$25,187$17,957$12,609$8,745$4,686
30 years$33,180$23,786$16,726$11,572$7,902$4,123
31 years$31,762$22,486$15,593$10,628$7,144$3,629
32 years$30,435$21,276$14,549$9,768$6,462$3,195
33 years$29,191$20,149$13,584$8,982$5,848$2,813
34 years$28,023$19,097$12,692$8,264$5,295$2,478
35 years$26,924$18,113$11,867$7,608$4,796$2,184
36 years$25,888$17,192$11,101$7,007$4,345$1,925
37 years$24,911$16,328$10,390$6,456$3,938$1,696
38 years$23,987$15,518$9,730$5,950$3,570$1,495
39 years$23,113$14,756$9,116$5,486$3,238$1,319
40 years$22,285$14,039$8,544$5,060$2,937$1,163
41 years$21,499$13,364$8,012$4,669$2,664$1,025
42 years$20,752$12,727$7,515$4,309$2,418$904
43 years$20,042$12,126$7,052$3,978$2,194$798
44 years$19,367$11,559$6,620$3,673$1,992$704
45 years$18,723$11,023$6,216$3,392$1,808$621
46 years$18,109$10,515$5,838$3,133$1,642$548
47 years$17,523$10,035$5,485$2,895$1,491$483
48 years$16,963$9,579$5,154$2,675$1,354$426
49 years$16,427$9,148$4,845$2,472$1,229$376
50 years$15,914$8,738$4,555$2,285$1,117$332

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $16,300,000, adding $4,282 every year, while hoping to spend $24,034 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: 45/37/18 Blend
49$16,300,000$16,300,000$16,300,000$16,300,000
50$17,967,017$17,103,117$16,850,467$18,682,459
51$19,774,081$17,915,598$17,389,386$19,996,286
52$21,764,659$18,767,084$17,945,552$21,417,422
53$23,957,446$19,659,463$18,519,520$22,958,018
54$26,373,040$20,594,711$19,111,859$24,629,161
55$29,034,141$21,574,903$19,723,156$26,443,024
56$31,965,762$22,602,211$20,354,021$28,412,968
57$35,195,467$23,678,918$21,005,078$30,553,663
58$38,753,633$24,807,412$21,676,976$32,881,221
59$42,673,730$25,990,202$22,370,381$35,413,338
60$46,992,645$27,229,917$23,085,984$38,169,454
61$51,751,024$28,529,312$23,824,494$41,170,929
62$56,993,660$29,891,280$24,586,646$44,441,232
63$62,769,912$31,318,851$25,373,196$48,006,160
64$69,134,172$32,815,204$26,184,928$51,894,064
65$76,146,382$34,383,673$27,022,647$56,136,114
66$83,872,593$36,027,753$27,887,186$60,766,577
67$92,385,595$37,751,111$28,779,405$65,823,131
68$101,765,601$39,557,590$29,700,189$71,347,210
69$112,101,002$41,451,222$30,650,456$77,384,385
70$123,489,206$43,436,234$31,631,148$83,984,775
71$136,037,555$45,517,060$32,643,242$91,203,514
72$149,864,338$47,698,348$33,687,743$99,101,252
73$165,099,908$49,984,974$34,765,689$107,744,718
74$181,887,912$52,382,052$35,878,154$117,207,331
75$200,386,649$54,894,942$37,026,241$127,569,876
76$220,770,562$57,529,268$38,211,095$138,921,257
77$243,231,884$60,290,928$39,433,891$151,359,309
78$267,982,457$63,186,104$40,695,848$164,991,711
79$295,255,728$66,221,283$41,998,219$179,936,980
80$325,308,952$69,403,266$43,342,299$196,325,571
81$358,425,626$72,739,186$44,729,426$214,301,086
82$394,918,157$76,236,524$46,160,980$234,021,609
83$435,130,820$79,903,125$47,638,384$255,661,176
84$479,443,002$83,747,216$49,163,107$279,411,390
85$528,272,784$87,777,426$50,736,668$305,483,211
86$582,080,892$92,002,804$52,360,630$334,108,915
87$641,375,042$96,432,840$54,036,610$365,544,264
88$706,714,735$101,077,488$55,766,275$400,070,887
89$778,716,539$105,947,186$57,551,347$437,998,912
90$858,059,910$111,052,881$59,393,600$479,669,861
91$945,493,604$116,406,056$61,294,869$525,459,840
92$1,041,842,750$122,018,751$63,257,046$575,783,055
93$1,148,016,636$127,903,595$65,282,082$631,095,689
94$1,265,017,294$134,073,834$67,371,994$691,900,164
95$1,393,948,964$140,543,357$69,528,861$758,749,851
96$1,536,028,511$147,326,734$71,754,830$832,254,248
97$1,692,596,919$154,439,244$74,052,117$913,084,692
98$1,865,131,950$161,896,912$76,423,009$1,001,980,651
99$2,055,262,094$169,716,546$78,869,864$1,099,756,655
100$2,264,781,943$177,915,772$81,395,120$1,207,309,937