Can I retire at age 50 with 18,400,000?

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,439,384
2 years$752,205$738,196$724,619$711,455$698,687$670,729
3 years$496,489$482,419$468,877$455,836$443,275$416,089
4 years$368,656$354,629$341,222$328,404$316,148$289,943
5 years$291,976$278,034$264,802$252,246$240,331$215,181
6 years$240,873$227,035$214,000$201,723$190,165$166,099
7 years$204,385$190,664$177,835$165,848$154,655$131,679
8 years$177,031$163,434$150,818$139,126$128,302$106,409
9 years$155,768$142,299$129,899$118,504$108,048$87,226
10 years$138,767$125,430$113,249$102,152$92,063$72,290
11 years$124,866$111,663$99,703$88,903$79,177$60,432
12 years$113,290$100,222$88,484$77,980$68,613$50,870
13 years$103,503$90,572$79,054$68,844$59,832$43,061
14 years$95,121$82,327$71,031$61,112$52,448$36,619
15 years$87,863$75,207$64,131$54,501$46,180$31,260
16 years$81,519$69,001$58,144$48,800$40,814$26,770
17 years$75,927$63,548$52,909$43,846$36,188$22,986
18 years$70,962$58,721$48,299$39,514$32,177$19,782
19 years$66,524$54,422$44,216$35,705$28,680$17,057
20 years$62,536$50,571$40,579$32,337$25,617$14,732
21 years$58,932$47,105$37,325$29,348$22,925$12,741
22 years$55,660$43,971$34,400$26,684$20,549$11,033
23 years$52,677$41,125$31,763$24,302$18,446$9,563
24 years$49,946$38,532$29,375$22,165$16,580$8,297
25 years$47,438$36,160$27,207$20,242$14,919$7,204
26 years$45,127$33,985$25,233$18,508$13,439$6,259
27 years$42,990$31,984$23,431$16,941$12,116$5,441
28 years$41,010$30,138$21,783$15,522$10,932$4,732
29 years$39,169$28,432$20,270$14,234$9,872$4,117
30 years$37,454$26,851$18,881$13,063$8,920$3,584
31 years$35,854$25,383$17,602$11,997$8,064$3,120
32 years$34,356$24,017$16,423$11,026$7,295$2,718
33 years$32,952$22,745$15,335$10,139$6,602$2,368
34 years$31,633$21,557$14,328$9,329$5,977$2,063
35 years$30,392$20,446$13,395$8,588$5,414$1,798
36 years$29,223$19,407$12,531$7,909$4,905$1,567
37 years$28,120$18,432$11,729$7,287$4,446$1,366
38 years$27,078$17,517$10,984$6,717$4,030$1,191
39 years$26,091$16,657$10,290$6,193$3,655$1,039
40 years$25,156$15,848$9,645$5,712$3,315$906
41 years$24,269$15,085$9,044$5,270$3,008$790
42 years$23,426$14,367$8,484$4,864$2,729$689
43 years$22,625$13,689$7,961$4,490$2,477$601
44 years$21,862$13,048$7,473$4,146$2,248$524
45 years$21,135$12,443$7,017$3,829$2,041$457
46 years$20,442$11,870$6,590$3,537$1,853$399
47 years$19,780$11,327$6,191$3,267$1,683$348
48 years$19,148$10,813$5,818$3,019$1,528$304
49 years$18,543$10,326$5,469$2,790$1,388$265
50 years$17,965$9,864$5,141$2,579$1,261$231

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,400,000, adding $5,507 every year, while hoping to spend $30,687 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: 39/33/28 Blend
49$18,400,000$18,400,000$18,400,000$18,400,000
50$20,282,480$19,307,280$19,022,080$20,904,844
51$22,318,643$20,220,686$19,626,669$22,273,600
52$24,561,465$21,177,821$20,250,484$23,749,438
53$27,031,994$22,180,794$20,894,135$25,344,750
54$29,753,423$23,231,818$21,558,254$27,070,453
55$32,751,309$24,333,214$22,243,492$28,938,523
56$36,053,815$25,487,414$22,950,521$30,962,100
57$39,691,976$26,696,969$23,680,035$33,155,605
58$43,699,990$27,964,553$24,432,749$35,534,870
59$48,115,544$29,292,971$25,209,401$38,117,276
60$52,980,166$30,685,163$26,010,752$40,921,910
61$58,339,620$32,144,213$26,837,590$43,969,734
62$64,244,335$33,673,354$27,690,723$47,283,777
63$70,749,885$35,275,976$28,570,990$50,889,338
64$77,917,509$36,955,634$29,479,254$54,814,218
65$85,814,691$38,716,057$30,416,405$59,088,968
66$94,515,798$40,561,152$31,383,364$63,747,168
67$104,102,781$42,495,019$32,381,077$68,825,734
68$114,665,946$44,521,957$33,410,525$74,365,248
69$126,304,811$46,646,472$34,472,716$80,410,333
70$139,129,044$48,873,291$35,568,694$87,010,061
71$153,259,494$51,207,369$36,699,533$94,218,397
72$168,829,337$53,653,906$37,866,342$102,094,699
73$185,985,332$56,218,349$39,070,267$110,704,256
74$204,889,204$58,906,416$40,312,489$120,118,897
75$225,719,171$61,724,099$41,594,226$130,417,644
76$248,671,630$64,677,684$42,916,736$141,687,444
77$273,963,007$67,773,761$44,281,317$154,023,969
78$301,831,801$71,019,242$45,689,308$167,532,502
79$332,540,835$74,421,376$47,142,091$182,328,909
80$366,379,740$77,987,763$48,641,091$198,540,711
81$403,667,685$81,726,375$50,187,779$216,308,265
82$444,756,393$85,645,571$51,783,673$235,786,068
83$490,033,458$89,754,117$53,430,340$257,144,189
84$539,926,010$94,061,208$55,129,395$280,569,849
85$594,904,740$98,576,484$56,882,507$306,269,163
86$655,488,348$103,310,056$58,691,395$334,469,056
87$722,248,439$108,272,528$60,557,836$365,419,377
88$795,814,918$113,475,020$62,483,662$399,395,225
89$876,881,937$118,929,194$64,470,762$436,699,519
90$966,214,451$124,647,281$66,521,089$477,665,818
91$1,064,655,433$130,642,106$68,636,653$522,661,440
92$1,173,133,839$136,927,121$70,819,533$572,090,887
93$1,292,673,375$143,516,434$73,071,872$626,399,633
94$1,424,402,160$150,424,840$75,395,880$686,078,281
95$1,569,563,378$157,667,854$77,793,840$751,667,160
96$1,729,527,014$165,261,751$80,268,105$823,761,377
97$1,905,802,788$173,223,596$82,821,106$903,016,390
98$2,100,054,409$181,571,288$85,455,349$990,154,149
99$2,314,115,276$190,323,599$88,173,420$1,085,969,860
100$2,550,005,794$199,500,215$90,977,990$1,191,339,440