Can I retire at age 50 with 16,900,000?

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 $16,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$1,395,586$1,383,155$1,371,027$1,359,189$1,347,630$1,341,951
2 years$690,884$678,017$665,547$653,456$641,728$635,996
3 years$456,014$443,092$430,653$418,676$407,139$401,529
4 years$338,602$325,719$313,405$301,632$290,375$284,932
5 years$268,174$255,368$243,215$231,683$220,738$215,478
6 years$221,236$208,527$196,554$185,278$174,663$169,591
7 years$187,723$175,121$163,337$152,328$142,048$137,168
8 years$162,599$150,111$138,523$127,784$117,842$113,155
9 years$143,069$130,698$119,310$108,843$99,240$94,744
10 years$127,454$115,204$104,017$93,824$84,558$80,251
11 years$114,686$102,560$91,575$81,655$72,722$68,602
12 years$104,054$92,052$81,270$71,622$63,020$59,082
13 years$95,065$83,188$72,610$63,232$54,954$51,197
14 years$87,366$75,616$65,240$56,130$48,173$44,591
15 years$80,700$69,076$58,903$50,058$42,415$39,004
16 years$74,873$63,376$53,404$44,822$37,487$34,242
17 years$69,737$58,367$48,596$40,272$33,238$30,156
18 years$65,177$53,934$44,362$36,293$29,554$26,628
19 years$61,101$49,985$40,611$32,794$26,342$23,568
20 years$57,438$46,449$37,271$29,701$23,529$20,902
21 years$54,127$43,265$34,282$26,956$21,056$18,570
22 years$51,122$40,386$31,596$24,509$18,874$16,524
23 years$48,382$37,773$29,173$22,321$16,942$14,723
24 years$45,874$35,391$26,980$20,358$15,228$13,134
25 years$43,571$33,212$24,989$18,592$13,703$11,729
26 years$41,448$31,214$23,176$17,000$12,343$10,484
27 years$39,485$29,376$21,521$15,560$11,128$9,379
28 years$37,666$27,681$20,007$14,256$10,041$8,397
29 years$35,976$26,114$18,618$13,073$9,067$7,522
30 years$34,401$24,662$17,342$11,998$8,193$6,743
31 years$32,931$23,314$16,167$11,019$7,407$6,047
32 years$31,555$22,059$15,084$10,127$6,700$5,426
33 years$30,265$20,891$14,084$9,313$6,064$4,870
34 years$29,054$19,800$13,160$8,568$5,490$4,373
35 years$27,915$18,780$12,303$7,888$4,972$3,929
36 years$26,841$17,825$11,510$7,264$4,505$3,530
37 years$25,828$16,929$10,773$6,693$4,083$3,173
38 years$24,870$16,089$10,088$6,169$3,702$2,852
39 years$23,964$15,299$9,452$5,688$3,357$2,565
40 years$23,105$14,556$8,859$5,247$3,045$2,306
41 years$22,290$13,856$8,307$4,841$2,762$2,075
42 years$21,516$13,196$7,792$4,467$2,507$1,866
43 years$20,780$12,573$7,312$4,124$2,275$1,679
44 years$20,080$11,984$6,863$3,808$2,065$1,511
45 years$19,412$11,428$6,445$3,517$1,875$1,360
46 years$18,775$10,902$6,053$3,248$1,702$1,224
47 years$18,168$10,404$5,687$3,001$1,545$1,102
48 years$17,587$9,932$5,344$2,773$1,404$992
49 years$17,032$9,484$5,023$2,563$1,275$893
50 years$16,500$9,060$4,722$2,369$1,158$804

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $16,900,000, adding $2,270 every year, while hoping to spend $27,543 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: 35/45/20 Blend
49$16,900,000$16,900,000$16,900,000$16,900,000
50$18,626,142$17,730,442$17,468,492$19,164,344
51$20,496,702$18,569,928$18,024,380$20,399,041
52$22,557,137$19,449,625$18,597,969$21,727,632
53$24,826,785$20,371,476$19,189,820$23,160,591
54$27,326,953$21,337,515$19,800,515$24,707,220
55$30,081,127$22,349,877$20,430,657$26,377,705
56$33,115,180$23,410,800$21,080,862$28,183,213
57$36,457,629$24,522,630$21,751,772$30,135,982
58$40,139,896$25,687,828$22,444,045$32,249,428
59$44,196,608$26,908,973$23,158,363$34,538,267
60$48,665,921$28,188,772$23,895,427$37,018,637
61$53,589,883$29,530,060$24,655,962$39,708,246
62$59,014,831$30,935,813$25,440,716$42,626,523
63$64,991,825$32,409,149$26,250,461$45,794,796
64$71,577,133$33,953,339$27,085,994$49,236,475
65$78,832,761$35,571,813$27,948,135$52,977,265
66$86,827,038$37,268,167$28,837,733$57,045,394
67$95,635,261$39,046,173$29,755,662$61,471,864
68$105,340,406$40,909,785$30,702,826$66,290,733
69$116,033,913$42,863,149$31,680,156$71,539,419
70$127,816,544$44,910,615$32,688,613$77,259,038
71$140,799,339$47,056,743$33,729,189$83,494,776
72$155,104,663$49,306,315$34,802,909$90,296,299
73$170,867,360$51,664,345$35,910,827$97,718,199
74$188,236,025$54,136,093$37,054,034$105,820,500
75$207,374,410$56,727,072$38,233,654$114,669,196
76$228,462,967$59,443,065$39,450,849$124,336,857
77$251,700,552$62,290,138$40,706,815$134,903,292
78$277,306,304$65,274,650$42,002,789$146,456,280
79$305,521,710$68,403,271$43,340,045$159,092,376
80$336,612,887$71,682,994$44,719,899$172,917,794
81$370,873,095$75,121,154$46,143,709$188,049,387
82$408,625,503$78,725,443$47,612,877$204,615,724
83$450,226,243$82,503,929$49,128,846$222,758,269
84$496,067,768$86,465,069$50,693,111$242,632,696
85$546,582,559$90,617,737$52,307,209$264,410,317
86$602,247,210$94,971,235$53,972,730$288,279,676
87$663,586,921$99,535,322$55,691,313$314,448,287
88$731,180,464$104,320,229$57,464,648$343,144,562
89$805,665,639$109,336,689$59,294,482$374,619,928
90$887,745,303$114,595,956$61,182,616$409,151,162
91$978,193,999$120,109,832$63,130,908$447,042,961
92$1,077,865,269$125,890,696$65,141,277$488,630,776
93$1,187,699,717$131,951,531$67,215,700$534,283,935
94$1,308,733,883$138,305,950$69,356,220$584,409,080
95$1,442,110,030$144,968,233$71,564,945$639,453,960
96$1,589,086,931$151,953,355$73,844,049$699,911,601
97$1,751,051,749$159,277,020$76,195,775$766,324,910
98$1,929,533,134$166,955,700$78,622,440$839,291,740
99$2,126,215,655$175,006,671$81,126,433$919,470,480
100$2,342,955,702$183,448,048$83,710,218$1,007,586,200