Can I retire at age 50 with 18,500,000?

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 $18,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,434,320
2 years$756,293$742,208$728,557$715,322$702,484$661,586
3 years$499,187$485,041$471,425$458,314$445,685$406,067
4 years$370,659$356,557$343,077$330,189$317,866$279,832
5 years$293,563$279,545$266,242$253,617$241,637$205,292
6 years$242,182$228,269$215,163$202,820$191,199$156,576
7 years$205,496$191,700$178,801$166,749$155,496$122,597
8 years$177,994$164,322$151,638$139,882$128,999$97,806
9 years$156,614$143,072$130,605$119,148$108,636$79,119
10 years$139,521$126,111$113,865$102,707$92,563$64,684
11 years$125,544$112,269$100,245$89,386$79,607$53,321
12 years$113,906$100,767$88,965$78,403$68,986$44,243
13 years$104,065$91,064$79,484$69,218$60,157$36,905
14 years$95,638$82,775$71,417$61,444$52,733$30,916
15 years$88,341$75,616$64,480$54,798$46,431$25,989
16 years$81,962$69,376$58,460$49,065$41,036$21,911
17 years$76,340$63,893$53,197$44,085$36,385$18,517
18 years$71,347$59,040$48,562$39,729$32,352$15,681
19 years$66,886$54,718$44,456$35,899$28,836$13,301
20 years$62,876$50,846$40,799$32,513$25,757$11,298
21 years$59,252$47,361$37,528$29,508$23,049$9,608
22 years$55,962$44,210$34,587$26,829$20,660$8,179
23 years$52,963$41,349$31,935$24,434$18,546$6,969
24 years$50,218$38,741$29,535$22,285$16,670$5,942
25 years$47,696$36,357$27,355$20,352$15,000$5,069
26 years$45,372$34,169$25,371$18,609$13,512$4,327
27 years$43,224$32,157$23,559$17,033$12,182$3,695
28 years$41,232$30,302$21,901$15,606$10,992$3,157
29 years$39,382$28,586$20,381$14,311$9,925$2,697
30 years$37,658$26,997$18,984$13,134$8,968$2,306
31 years$36,048$25,521$17,698$12,063$8,108$1,971
32 years$34,543$24,148$16,513$11,086$7,334$1,686
33 years$33,131$22,868$15,418$10,194$6,638$1,442
34 years$31,805$21,674$14,406$9,380$6,010$1,233
35 years$30,558$20,557$13,468$8,635$5,443$1,055
36 years$29,382$19,512$12,599$7,952$4,932$903
37 years$28,273$18,532$11,793$7,327$4,470$773
38 years$27,225$17,612$11,043$6,753$4,052$661
39 years$26,233$16,747$10,346$6,227$3,675$566
40 years$25,292$15,934$9,698$5,743$3,333$484
41 years$24,400$15,167$9,093$5,299$3,024$415
42 years$23,553$14,445$8,530$4,890$2,744$355
43 years$22,748$13,763$8,004$4,514$2,490$304
44 years$21,981$13,119$7,513$4,168$2,260$260
45 years$21,250$12,510$7,055$3,850$2,052$223
46 years$20,553$11,934$6,626$3,556$1,863$191
47 years$19,888$11,389$6,225$3,285$1,692$163
48 years$19,252$10,872$5,850$3,036$1,536$140
49 years$18,644$10,382$5,498$2,805$1,395$120
50 years$18,062$9,918$5,169$2,593$1,267$102

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,500,000, adding $5,156 every year, while hoping to spend $24,764 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: 69/14/17 Blend
49$18,500,000$18,500,000$18,500,000$18,500,000
50$20,392,318$19,411,818$19,125,068$21,716,469
51$22,445,986$20,336,649$19,739,410$23,524,420
52$24,708,298$21,305,966$20,373,501$25,498,466
53$27,200,510$22,321,923$21,027,978$27,657,757
54$29,946,044$23,386,780$21,703,498$30,020,550
55$32,970,711$24,502,903$22,400,736$32,606,937
56$36,302,956$25,672,777$23,120,392$35,439,034
57$39,974,119$26,899,005$23,863,188$38,541,184
58$44,018,742$28,184,319$24,629,867$41,940,180
59$48,474,885$29,531,582$25,421,199$45,665,520
60$53,384,491$30,943,798$26,237,977$49,749,676
61$58,793,780$32,424,114$27,081,020$54,228,399
62$64,753,684$33,975,834$27,951,173$59,141,052
63$71,320,331$35,602,421$28,849,308$64,530,975
64$78,555,572$37,307,507$29,776,327$70,445,888
65$86,527,565$39,094,900$30,733,159$76,938,343
66$95,311,420$40,968,594$31,720,763$84,066,205
67$104,989,907$42,932,777$32,740,131$91,893,200
68$115,654,237$44,991,842$33,792,284$100,489,508
69$127,404,921$47,150,394$34,878,278$109,932,419
70$140,352,725$49,413,266$35,999,203$120,307,057
71$154,619,709$51,785,522$37,156,182$131,707,175
72$170,340,382$54,272,475$38,350,377$144,236,036
73$187,662,972$56,879,697$39,582,985$158,007,379
74$206,750,823$59,613,031$40,855,243$173,146,482
75$227,783,942$62,478,604$42,168,429$189,791,344
76$250,960,692$65,482,843$43,523,859$208,093,970
77$276,499,668$68,632,488$44,922,893$228,221,807
78$304,641,760$71,934,606$46,366,937$250,359,305
79$335,652,429$75,396,611$47,857,438$274,709,660
80$369,824,208$79,026,276$49,395,893$301,496,713
81$407,479,468$82,831,754$50,983,847$330,967,057
82$448,973,460$86,821,596$52,622,892$363,392,353
83$494,697,668$91,004,770$54,314,674$399,071,885
84$545,083,507$95,390,680$56,060,892$438,335,372
85$600,606,391$99,989,190$57,863,299$481,546,065
86$661,790,227$104,810,645$59,723,704$529,104,170
87$729,212,357$109,865,893$61,643,974$581,450,609
88$803,509,009$115,166,314$63,626,039$639,071,166
89$885,381,305$120,723,840$65,671,889$702,501,063
90$975,601,878$126,550,988$67,783,577$772,329,995
91$1,075,022,168$132,660,884$69,963,225$849,207,678
92$1,184,580,457$139,067,296$72,213,021$933,849,971
93$1,305,310,731$145,784,661$74,535,225$1,027,045,615
94$1,438,352,441$152,828,124$76,932,170$1,129,663,657
95$1,584,961,255$160,213,568$79,406,263$1,242,661,640
96$1,746,520,919$167,957,649$81,959,989$1,367,094,620
97$1,924,556,318$176,077,839$84,595,914$1,504,125,105
98$2,120,747,871$184,592,462$87,316,685$1,655,034,008
99$2,336,947,397$193,520,736$90,125,038$1,821,232,719
100$2,575,195,597$202,882,817$93,023,792$2,004,276,402