Can I retire at age 50 with 18,300,000?

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 $18,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,445,231
2 years$748,117$734,184$720,681$707,589$694,889$680,750
3 years$493,791$479,798$466,328$453,359$440,866$427,061
4 years$366,652$352,702$339,368$326,620$314,430$301,066
5 years$290,389$276,523$263,363$250,875$239,024$226,142
6 years$239,564$225,802$212,837$200,627$189,132$176,746
7 years$203,274$189,628$176,868$164,946$153,815$141,931
8 years$176,069$162,546$149,998$138,369$127,604$116,222
9 years$154,921$141,526$129,193$117,860$107,461$96,576
10 years$138,012$124,748$112,634$101,597$91,562$81,169
11 years$124,187$111,056$99,161$88,419$78,747$68,836
12 years$112,674$99,678$88,003$77,556$68,240$58,802
13 years$102,940$90,079$78,625$68,470$59,507$50,531
14 years$94,604$81,880$70,645$60,780$52,163$43,638
15 years$87,386$74,799$63,783$54,205$45,929$37,841
16 years$81,076$68,626$57,828$48,535$40,592$32,928
17 years$75,514$63,202$52,621$43,608$35,992$28,739
18 years$70,576$58,402$48,037$39,300$32,002$25,146
19 years$66,163$54,126$43,975$35,511$28,524$22,050
20 years$62,196$50,297$40,358$32,162$25,478$19,372
21 years$58,611$46,849$37,122$29,189$22,800$17,047
22 years$55,357$43,732$34,214$26,539$20,437$15,022
23 years$52,390$40,902$31,590$24,170$18,346$13,254
24 years$49,675$38,322$29,216$22,044$16,489$11,706
25 years$47,180$35,964$27,059$20,132$14,838$10,350
26 years$44,881$33,800$25,096$18,408$13,365$9,158
27 years$42,756$31,810$23,304$16,849$12,050$8,109
28 years$40,787$29,974$21,664$15,437$10,873$7,185
29 years$38,956$28,277$20,160$14,156$9,818$6,370
30 years$37,251$26,705$18,779$12,992$8,871$5,650
31 years$35,659$25,245$17,507$11,932$8,020$5,014
32 years$34,169$23,887$16,334$10,966$7,255$4,451
33 years$32,773$22,621$15,251$10,084$6,566$3,952
34 years$31,461$21,440$14,250$9,278$5,945$3,511
35 years$30,227$20,335$13,323$8,541$5,384$3,120
36 years$29,065$19,301$12,463$7,866$4,878$2,773
37 years$27,967$18,332$11,665$7,248$4,421$2,465
38 years$26,930$17,422$10,924$6,680$4,008$2,191
39 years$25,949$16,566$10,235$6,160$3,635$1,949
40 years$25,019$15,761$9,593$5,681$3,297$1,733
41 years$24,137$15,003$8,995$5,242$2,991$1,542
42 years$23,299$14,289$8,438$4,838$2,714$1,372
43 years$22,502$13,614$7,918$4,466$2,463$1,220
44 years$21,743$12,977$7,432$4,123$2,236$1,086
45 years$21,020$12,375$6,978$3,808$2,030$966
46 years$20,331$11,805$6,554$3,517$1,843$860
47 years$19,673$11,266$6,158$3,250$1,674$765
48 years$19,044$10,755$5,786$3,003$1,520$681
49 years$18,443$10,270$5,439$2,775$1,380$606
50 years$17,867$9,810$5,113$2,565$1,254$540

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,300,000, adding $4,055 every year, while hoping to spend $43,784 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: 52/43/5 Blend
49$18,300,000$18,300,000$18,300,000$18,300,000
50$20,170,783$19,200,883$18,917,233$21,196,839
51$22,181,617$20,095,140$19,504,374$22,786,688
52$24,396,088$21,031,749$20,109,717$24,509,537
53$26,834,922$22,012,737$20,733,826$26,381,946
54$29,520,956$23,040,233$21,377,281$28,417,992
55$32,479,355$24,116,466$22,040,681$30,633,133
56$35,737,849$25,243,772$22,724,644$33,044,344
57$39,326,996$26,424,604$23,429,805$35,670,275
58$43,280,468$27,661,528$24,156,823$38,531,415
59$47,635,371$28,957,238$24,906,371$41,650,276
60$52,432,594$30,314,557$25,679,150$45,051,598
61$57,717,193$31,736,446$26,475,876$48,762,574
62$63,538,820$33,226,005$27,297,291$52,813,093
63$69,952,190$34,786,489$28,144,160$57,236,016
64$77,017,594$36,421,308$29,017,270$62,067,472
65$84,801,472$38,134,036$29,917,433$67,347,189
66$93,377,042$39,928,423$30,845,486$73,118,856
67$102,824,982$41,808,398$31,802,292$79,430,524
68$113,234,203$43,778,081$32,788,741$86,335,046
69$124,702,677$45,841,793$33,805,750$93,890,562
70$137,338,371$48,004,062$34,854,264$102,161,031
71$151,260,261$50,269,637$35,935,258$111,216,825
72$166,599,455$52,643,497$37,049,736$121,135,371
73$183,500,432$55,130,861$38,198,735$132,001,870
74$202,122,406$57,737,202$39,383,322$143,910,081
75$222,640,826$60,468,260$40,604,598$156,963,191
76$245,249,036$63,330,050$41,863,697$171,274,766
77$270,160,096$66,328,882$43,161,791$186,969,804
78$297,608,799$69,471,370$44,500,083$204,185,895
79$327,853,879$72,764,449$45,879,818$223,074,500
80$361,180,459$76,215,393$47,302,277$243,802,351
81$397,902,744$79,831,825$48,768,782$266,553,008
82$438,366,981$83,621,741$50,280,693$291,528,562
83$482,954,732$87,593,526$51,839,415$318,951,518
84$532,086,475$91,755,969$53,446,396$349,066,866
85$586,225,572$96,118,288$55,103,126$382,144,366
86$645,882,645$100,690,148$56,811,145$418,481,065
87$711,620,394$105,481,684$58,572,038$458,404,067
88$784,058,911$110,503,524$60,387,439$502,273,586
89$863,881,535$115,766,811$62,259,032$550,486,318
90$951,841,297$121,283,231$64,188,555$603,479,141
91$1,048,768,036$127,065,036$66,177,799$661,733,206
92$1,155,576,229$133,125,076$68,228,608$725,778,435
93$1,273,273,623$139,476,824$70,342,886$796,198,485
94$1,402,970,754$146,134,409$72,522,593$873,636,211
95$1,545,891,423$153,112,647$74,769,753$958,799,689
96$1,703,384,257$160,427,075$77,086,448$1,052,468,852
97$1,876,935,434$168,093,986$79,474,827$1,155,502,801
98$2,068,182,721$176,130,463$81,937,106$1,268,847,861
99$2,278,930,926$184,554,424$84,475,567$1,393,546,461
100$2,511,168,946$193,384,656$87,092,564$1,530,746,915