Can I retire at age 50 with 18,000,000?

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 $18,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,377,852
2 years$735,853$722,148$708,867$695,989$683,498$626,297
3 years$485,696$471,932$458,684$445,927$433,639$378,531
4 years$360,642$346,920$333,804$321,265$309,275$256,679
5 years$285,629$271,990$259,046$246,762$235,106$185,155
6 years$235,636$222,100$209,347$197,338$186,031$138,758
7 years$199,942$186,519$173,969$162,242$151,293$106,679
8 years$173,183$159,881$147,539$136,101$125,512$83,511
9 years$152,381$139,205$127,076$115,928$105,700$66,246
10 years$135,750$122,703$110,787$99,931$90,061$53,079
11 years$122,151$109,235$97,535$86,970$77,456$42,856
12 years$110,827$98,044$86,560$76,284$67,122$34,811
13 years$101,253$88,603$77,336$67,348$58,531$28,411
14 years$93,053$80,537$69,487$59,784$51,308$23,276
15 years$85,953$73,572$62,737$53,317$45,176$19,128
16 years$79,747$67,501$56,880$47,739$39,926$15,757
17 years$74,276$62,166$51,759$42,893$35,402$13,007
18 years$69,419$57,444$47,249$38,655$31,477$10,755
19 years$65,078$53,239$43,254$34,929$28,057$8,904
20 years$61,176$49,472$39,697$31,634$25,061$7,381
21 years$57,651$46,081$36,513$28,710$22,426$6,123
22 years$54,450$43,015$33,653$26,104$20,102$5,084
23 years$51,531$40,231$31,072$23,774$18,045$4,223
24 years$48,860$37,694$28,737$21,683$16,219$3,511
25 years$46,407$35,374$26,616$19,802$14,595$2,919
26 years$44,146$33,246$24,685$18,106$13,146$2,428
27 years$42,055$31,288$22,922$16,573$11,853$2,021
28 years$40,118$29,483$21,309$15,184$10,695$1,682
29 years$38,318$27,814$19,830$13,924$9,657$1,400
30 years$36,640$26,267$18,471$12,779$8,726$1,166
31 years$35,074$24,831$17,220$11,737$7,889$971
32 years$33,609$23,495$16,066$10,786$7,136$809
33 years$32,235$22,250$15,001$9,919$6,458$673
34 years$30,945$21,088$14,016$9,126$5,847$561
35 years$29,732$20,002$13,104$8,401$5,296$467
36 years$28,588$18,985$12,259$7,737$4,798$389
37 years$27,509$18,031$11,474$7,129$4,349$324
38 years$26,489$17,136$10,745$6,571$3,943$270
39 years$25,524$16,295$10,067$6,059$3,575$225
40 years$24,609$15,503$9,436$5,588$3,243$188
41 years$23,741$14,757$8,848$5,156$2,942$156
42 years$22,917$14,054$8,299$4,758$2,670$130
43 years$22,133$13,391$7,788$4,392$2,423$109
44 years$21,387$12,764$7,310$4,056$2,199$90
45 years$20,676$12,172$6,864$3,745$1,997$75
46 years$19,997$11,612$6,447$3,460$1,813$63
47 years$19,350$11,081$6,057$3,196$1,646$52
48 years$18,732$10,578$5,692$2,954$1,495$44
49 years$18,140$10,102$5,350$2,730$1,358$36
50 years$17,574$9,650$5,030$2,523$1,233$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,000,000, adding $6,206 every year, while hoping to spend $32,607 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: 52/39/9 Blend
49$18,000,000$18,000,000$18,000,000$18,000,000
50$19,842,401$18,888,401$18,609,401$20,828,396
51$21,831,633$19,779,240$19,198,123$22,390,605
52$24,022,673$20,712,636$19,805,474$24,084,595
53$26,436,072$21,690,641$20,432,043$25,926,046
54$29,094,475$22,715,406$21,078,440$27,928,871
55$32,022,835$23,789,185$21,745,292$30,108,350
56$35,248,651$24,914,342$22,433,246$32,481,267
57$38,802,224$26,093,356$23,142,971$35,066,064
58$42,716,946$27,328,825$23,875,154$37,883,002
59$47,029,611$28,623,473$24,630,509$40,954,346
60$51,780,767$29,980,160$25,409,767$44,304,571
61$57,015,096$31,401,879$26,213,685$47,960,575
62$62,781,837$32,891,772$27,043,045$51,951,934
63$69,135,249$34,453,132$27,898,650$56,311,160
64$76,135,122$36,089,414$28,781,333$61,074,009
65$83,847,347$37,804,238$29,691,951$66,279,798
66$92,344,532$39,601,401$30,631,387$71,971,771
67$101,706,690$41,484,886$31,600,554$78,197,492
68$112,021,993$43,458,865$32,600,393$85,009,283
69$123,387,605$45,527,719$33,631,875$92,464,705
70$135,910,600$47,696,036$34,696,002$100,627,085
71$149,708,970$49,968,631$35,793,807$109,566,105
72$164,912,742$52,350,550$36,926,356$119,358,438
73$181,665,203$54,847,088$38,094,750$130,088,462
74$200,124,252$57,463,794$39,300,123$141,849,037
75$220,463,894$60,206,488$40,543,645$154,742,363
76$242,875,879$63,081,274$41,826,525$168,880,930
77$267,571,514$66,094,552$43,150,009$184,388,561
78$294,783,655$69,253,032$44,515,381$201,401,556
79$324,768,910$72,563,753$45,923,969$220,069,966
80$357,810,057$76,034,095$47,377,140$240,558,979
81$394,218,715$79,671,797$48,876,306$263,050,463
82$434,338,284$83,484,976$50,422,923$287,744,658
83$478,547,192$87,482,142$52,018,493$314,862,037
84$527,262,459$91,672,221$53,664,566$344,645,369
85$580,943,643$96,064,573$55,362,742$377,361,974
86$640,097,171$100,669,013$57,114,670$413,306,225
87$705,281,122$105,495,835$58,922,052$452,802,294
88$777,110,499$110,555,833$60,786,643$496,207,182
89$856,263,029$115,860,328$62,710,255$543,914,054
90$943,485,566$121,421,192$64,694,756$596,355,917
91$1,039,601,139$127,250,876$66,742,075$654,009,673
92$1,145,516,722$133,362,435$68,854,201$717,400,582
93$1,262,231,796$139,769,563$71,033,186$787,107,179
94$1,390,847,788$146,486,620$73,281,146$863,766,699
95$1,532,578,463$153,528,665$75,600,266$948,081,041
96$1,688,761,390$160,911,494$77,992,798$1,040,823,357
97$1,860,870,563$168,651,668$80,461,068$1,142,845,298
98$2,050,530,320$176,766,560$83,007,474$1,255,085,005
99$2,259,530,678$185,274,386$85,634,489$1,378,575,912
100$2,489,844,230$194,194,254$88,344,667$1,514,456,447