Can I retire at age 50 with 18,600,000?

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 $18,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,462,838
2 years$760,381$746,220$732,495$719,188$706,281$685,812
3 years$501,886$487,663$473,973$460,791$448,094$428,145
4 years$372,663$358,484$344,931$331,974$319,584$300,309
5 years$295,150$281,056$267,681$254,988$242,943$224,397
6 years$243,491$229,503$216,326$203,916$192,232$174,438
7 years$206,606$192,736$179,768$167,650$156,336$139,300
8 years$178,956$165,211$152,457$140,638$129,696$113,416
9 years$157,461$143,846$131,311$119,792$109,223$93,691
10 years$140,275$126,793$114,480$103,262$93,063$78,268
11 years$126,223$112,876$100,787$89,869$80,038$65,966
12 years$114,521$101,312$89,446$78,827$69,359$55,993
13 years$104,628$91,556$79,914$69,593$60,482$47,805
14 years$96,155$83,222$71,803$61,776$53,018$41,011
15 years$88,818$76,025$64,828$55,094$46,682$35,323
16 years$82,405$69,751$58,776$49,330$41,257$30,526
17 years$76,752$64,238$53,484$44,323$36,582$26,455
18 years$71,733$59,359$48,824$39,944$32,527$22,983
19 years$67,248$55,013$44,696$36,093$28,992$20,007
20 years$63,216$51,121$41,020$32,689$25,896$17,448
21 years$59,572$47,617$37,730$29,667$23,174$15,240
22 years$56,265$44,449$34,774$26,974$20,772$13,328
23 years$53,249$41,572$32,108$24,566$18,646$11,670
24 years$50,489$38,951$29,694$22,406$16,760$10,228
25 years$47,954$36,553$27,503$20,462$15,081$8,972
26 years$45,617$34,354$25,508$18,710$13,585$7,876
27 years$43,457$32,331$23,686$17,125$12,248$6,919
28 years$41,455$30,466$22,019$15,690$11,051$6,081
29 years$39,595$28,741$20,491$14,388$9,979$5,348
30 years$37,862$27,143$19,086$13,205$9,017$4,705
31 years$36,243$25,659$17,794$12,128$8,152$4,141
32 years$34,729$24,278$16,602$11,146$7,374$3,645
33 years$33,310$22,992$15,501$10,249$6,673$3,210
34 years$31,977$21,791$14,483$9,430$6,042$2,828
35 years$30,723$20,669$13,541$8,681$5,473$2,492
36 years$29,541$19,618$12,667$7,995$4,958$2,196
37 years$28,426$18,632$11,856$7,366$4,494$1,936
38 years$27,372$17,707$11,103$6,790$4,074$1,706
39 years$26,374$16,838$10,402$6,261$3,695$1,505
40 years$25,429$16,020$9,750$5,774$3,351$1,327
41 years$24,532$15,249$9,142$5,328$3,040$1,170
42 years$23,681$14,523$8,576$4,917$2,759$1,032
43 years$22,871$13,837$8,047$4,539$2,504$910
44 years$22,099$13,190$7,554$4,191$2,273$803
45 years$21,365$12,578$7,093$3,870$2,063$708
46 years$20,664$11,999$6,662$3,575$1,873$625
47 years$19,995$11,450$6,259$3,303$1,701$551
48 years$19,356$10,931$5,881$3,052$1,545$487
49 years$18,745$10,439$5,528$2,821$1,403$429
50 years$18,160$9,971$5,197$2,607$1,274$379

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,600,000, adding $4,288 every year, while hoping to spend $45,094 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$18,600,000$18,600,000$18,600,000$18,600,000
50$20,501,623$19,515,823$19,227,523$21,832,931
51$22,544,809$20,424,119$19,823,665$23,629,006
52$24,794,888$21,375,410$20,438,267$25,587,736
53$27,272,917$22,371,755$21,071,899$27,729,758
54$30,002,097$23,415,313$21,725,150$30,073,134
55$33,007,994$24,508,346$22,398,625$32,637,745
56$36,318,781$25,653,227$23,092,952$35,445,471
57$39,965,504$26,852,443$23,808,773$38,520,395
58$43,982,373$28,108,599$24,546,754$41,889,031
59$48,407,084$29,424,430$25,307,579$45,580,565
60$53,281,178$30,802,799$26,091,955$49,627,128
61$58,650,432$32,246,710$26,900,610$54,064,096
62$64,565,290$33,759,312$27,734,293$58,930,421
63$71,081,337$35,343,906$28,593,779$64,268,990
64$78,259,828$37,003,952$29,479,866$70,127,028
65$86,168,263$38,743,078$30,393,374$76,556,539
66$94,881,025$40,565,088$31,335,151$83,614,789
67$104,480,083$42,473,971$32,306,072$91,364,844
68$115,055,762$44,473,906$33,307,036$99,876,159
69$126,707,599$46,569,277$34,338,971$109,225,228
70$139,545,283$48,764,680$35,402,836$119,496,298
71$153,689,686$51,064,934$36,499,615$130,782,159
72$169,274,008$53,475,090$37,630,326$143,185,014
73$186,445,032$56,000,444$38,796,017$156,817,437
74$205,364,510$58,646,551$39,997,768$171,803,427
75$226,210,691$61,419,232$41,236,694$188,279,571
76$249,180,000$64,324,594$42,513,942$206,396,326
77$274,488,898$67,369,036$43,830,697$226,319,432
78$302,375,918$70,559,272$45,188,178$248,231,465
79$333,103,922$73,902,337$46,587,642$272,333,556
80$366,962,581$77,405,610$48,030,387$298,847,276
81$404,271,108$81,076,829$49,517,749$328,016,719
82$445,381,273$84,924,105$51,051,105$360,110,798
83$490,680,721$88,955,945$52,631,876$395,425,770
84$540,596,636$93,181,267$54,261,525$434,288,023
85$595,599,769$97,609,425$55,941,562$477,057,147
86$656,208,882$102,250,224$57,673,541$524,129,313
87$722,995,651$107,113,947$59,459,067$575,941,001
88$796,590,053$112,211,377$61,299,792$632,973,110
89$877,686,324$117,553,819$63,197,420$695,755,482
90$967,049,502$123,153,130$65,153,708$764,871,888
91$1,065,522,659$129,021,741$67,170,464$840,965,525
92$1,174,034,852$135,172,689$69,249,557$924,745,075
93$1,293,609,899$141,619,642$71,392,909$1,016,991,371
94$1,425,376,040$148,376,936$73,602,503$1,118,564,762
95$1,570,576,593$155,459,603$75,880,383$1,230,413,207
96$1,730,581,686$162,883,404$78,228,657$1,353,581,209
97$1,906,901,197$170,664,869$80,649,496$1,489,219,660
98$2,101,199,003$178,821,332$83,145,138$1,638,596,678
99$2,315,308,693$187,370,969$85,717,892$1,803,109,563
100$2,551,250,875$196,332,841$88,370,136$1,984,297,960