Can I retire at age 50 with 16,500,000?

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 $16,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$1,362,555$1,350,418$1,338,576$1,327,019$1,315,733$1,286,539
2 years$674,532$661,969$649,794$637,990$626,540$597,279
3 years$445,221$432,604$420,460$408,766$397,502$369,089
4 years$330,588$318,010$305,987$294,493$283,502$256,154
5 years$261,826$249,324$237,459$226,199$215,514$189,309
6 years$216,000$203,592$191,902$180,893$170,529$145,494
7 years$183,280$170,976$159,471$148,722$138,686$114,825
8 years$158,751$146,558$135,244$124,759$115,053$92,359
9 years$139,683$127,605$116,486$106,267$96,891$75,346
10 years$124,437$112,478$101,555$91,603$82,556$62,138
11 years$111,972$100,132$89,407$79,722$71,001$51,683
12 years$101,592$89,873$79,347$69,927$61,528$43,279
13 years$92,815$81,219$70,891$61,735$53,654$36,441
14 years$85,299$73,826$63,696$54,802$47,032$30,822
15 years$78,790$67,441$57,509$48,873$41,411$26,165
16 years$73,101$61,876$52,140$43,761$36,599$22,281
17 years$68,087$56,986$47,446$39,319$32,451$19,022
18 years$63,634$52,657$43,312$35,434$28,854$16,275
19 years$59,655$48,802$39,650$32,018$25,718$13,950
20 years$56,078$45,349$36,389$28,998$22,972$11,976
21 years$52,846$42,241$33,470$26,318$20,558$10,295
22 years$49,912$39,431$30,848$23,929$18,427$8,860
23 years$47,237$36,879$28,483$21,793$16,541$7,632
24 years$44,789$34,553$26,342$19,876$14,867$6,579
25 years$42,540$32,426$24,398$18,152$13,378$5,676
26 years$40,467$30,475$22,628$16,597$12,051$4,900
27 years$38,551$28,681$21,012$15,192$10,865$4,232
28 years$36,775$27,026$19,533$13,919$9,804$3,657
29 years$35,124$25,496$18,177$12,764$8,852$3,161
30 years$33,587$24,078$16,932$11,714$7,999$2,734
31 years$32,151$22,762$15,785$10,759$7,232$2,364
32 years$30,808$21,537$14,727$9,887$6,541$2,046
33 years$29,549$20,396$13,751$9,092$5,920$1,770
34 years$28,367$19,331$12,848$8,366$5,360$1,532
35 years$27,254$18,335$12,012$7,701$4,855$1,326
36 years$26,206$17,403$11,237$7,092$4,399$1,148
37 years$25,216$16,529$10,518$6,535$3,987$994
38 years$24,281$15,708$9,849$6,023$3,614$861
39 years$23,397$14,937$9,228$5,554$3,277$746
40 years$22,558$14,211$8,649$5,123$2,973$646
41 years$21,763$13,528$8,110$4,726$2,697$559
42 years$21,007$12,883$7,608$4,362$2,447$485
43 years$20,288$12,275$7,139$4,026$2,221$420
44 years$19,604$11,701$6,701$3,718$2,016$364
45 years$18,953$11,158$6,292$3,433$1,830$315
46 years$18,331$10,644$5,910$3,171$1,662$273
47 years$17,738$10,158$5,552$2,930$1,509$236
48 years$17,171$9,697$5,217$2,707$1,370$205
49 years$16,629$9,260$4,904$2,502$1,245$178
50 years$16,110$8,846$4,610$2,313$1,130$154

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $16,500,000, adding $2,512 every year, while hoping to spend $55,204 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: 49/46/5 Blend
49$16,500,000$16,500,000$16,500,000$16,500,000
50$18,185,591$17,311,091$17,055,341$19,054,292
51$19,981,785$18,100,598$17,567,958$20,436,209
52$21,959,340$18,926,940$18,095,898$21,930,211
53$24,136,697$19,791,865$18,639,615$23,551,539
54$26,534,177$20,697,203$19,199,579$25,312,074
55$29,174,168$21,644,871$19,776,270$27,224,856
56$32,081,344$22,636,881$20,370,186$29,304,203
57$35,282,892$23,675,338$20,981,838$31,565,839
58$38,808,768$24,762,451$21,611,751$34,027,034
59$42,691,985$25,900,534$22,260,467$36,706,757
60$46,968,920$27,092,012$22,928,545$39,625,850
61$51,679,655$28,339,427$23,616,557$42,807,215
62$56,868,363$29,645,441$24,325,094$46,276,019
63$62,583,716$31,012,848$25,054,765$50,059,923
64$68,879,351$32,444,574$25,806,196$54,189,334
65$75,814,372$33,943,685$26,580,030$58,697,681
66$83,453,909$35,513,396$27,376,932$63,621,718
67$91,869,732$37,157,077$28,197,584$69,001,862
68$101,140,930$38,878,259$29,042,688$74,882,559
69$111,354,656$40,680,645$29,912,969$81,312,694
70$122,606,948$42,568,114$30,809,171$88,346,037
71$135,003,639$44,544,734$31,732,061$96,041,738
72$148,661,352$46,614,768$32,682,426$104,464,870
73$163,708,603$48,782,684$33,661,081$113,687,026
74$180,287,013$51,053,168$34,668,859$123,786,984
75$198,552,645$53,431,130$35,706,623$134,851,428
76$218,677,477$55,921,718$36,775,257$146,975,753
77$240,851,024$58,530,326$37,875,672$160,264,945
78$265,282,129$61,262,613$39,008,808$174,834,553
79$292,200,932$64,124,507$40,175,629$190,811,759
80$321,861,043$67,122,224$41,377,129$208,336,560
81$354,541,938$70,262,282$42,614,332$227,563,063
82$390,551,594$73,551,511$43,888,289$248,660,921
83$430,229,394$76,997,073$45,200,085$271,816,908
84$473,949,339$80,606,477$46,550,835$297,236,655
85$522,123,570$84,387,592$47,941,686$325,146,570
86$575,206,261$88,348,671$49,373,819$355,795,940
87$633,697,908$92,498,365$50,848,451$389,459,261
88$698,150,053$96,845,742$52,366,832$426,438,795
89$769,170,487$101,400,313$53,930,250$467,067,394
90$847,428,994$106,172,045$55,540,029$511,711,605
91$933,663,666$111,171,390$57,197,535$560,775,099
92$1,028,687,877$116,409,305$58,904,170$614,702,442
93$1,133,397,959$121,897,280$60,661,379$673,983,253
94$1,248,781,664$127,647,359$62,470,647$739,156,787
95$1,375,927,485$133,672,171$64,333,506$810,816,985
96$1,516,034,938$139,984,957$66,251,527$889,618,030
97$1,670,425,880$146,599,599$68,226,332$976,280,483
98$1,840,556,993$153,530,653$70,259,588$1,071,598,032
99$2,028,033,532$160,793,380$72,353,009$1,176,444,937
100$2,234,624,479$168,403,782$74,508,362$1,291,784,226