Can I retire at age 50 with 18,900,000?

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 $18,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,457,120
2 years$772,646$758,256$744,310$730,788$717,673$667,791
3 years$509,981$495,529$481,618$468,223$455,321$407,116
4 years$378,674$364,266$350,494$337,328$324,739$278,580
5 years$299,910$285,589$271,998$259,101$246,861$202,871
6 years$247,418$233,205$219,815$207,205$195,333$153,548
7 years$209,939$195,845$182,667$170,354$158,858$119,272
8 years$181,842$167,875$154,916$142,906$131,788$94,371
9 years$160,000$146,166$133,429$121,724$110,985$75,693
10 years$142,537$128,838$116,327$104,928$94,564$61,342
11 years$128,259$114,697$102,412$91,318$81,329$50,112
12 years$116,368$102,946$90,888$80,099$70,478$41,197
13 years$106,315$93,033$81,203$70,715$61,458$34,040
14 years$97,706$84,564$72,961$62,773$53,874$28,240
15 years$90,251$77,251$65,874$55,982$47,435$23,507
16 years$83,734$70,876$59,724$50,126$41,923$19,619
17 years$77,990$65,274$54,347$45,038$37,172$16,411
18 years$72,890$60,317$49,612$40,588$33,051$13,753
19 years$68,332$55,901$45,417$36,675$29,459$11,544
20 years$64,235$51,946$41,681$33,216$26,314$9,701
21 years$60,533$48,385$38,339$30,146$23,548$8,161
22 years$57,172$45,166$35,335$27,409$21,107$6,872
23 years$54,108$42,243$32,626$24,962$18,947$5,791
24 years$51,303$39,579$30,173$22,767$17,030$4,883
25 years$48,727$37,143$27,947$20,792$15,324$4,119
26 years$46,353$34,908$25,919$19,011$13,804$3,477
27 years$44,158$32,853$24,068$17,402$12,445$2,935
28 years$42,124$30,957$22,374$15,944$11,230$2,479
29 years$40,233$29,204$20,821$14,621$10,140$2,094
30 years$38,472$27,580$19,394$13,418$9,162$1,770
31 years$36,828$26,073$18,081$12,323$8,283$1,496
32 years$35,289$24,670$16,870$11,326$7,493$1,264
33 years$33,847$23,363$15,751$10,415$6,781$1,069
34 years$32,493$22,143$14,717$9,582$6,140$904
35 years$31,218$21,002$13,759$8,821$5,561$764
36 years$30,018$19,934$12,872$8,124$5,038$646
37 years$28,884$18,933$12,048$7,485$4,566$547
38 years$27,813$17,993$11,282$6,899$4,140$462
39 years$26,800$17,109$10,570$6,362$3,754$391
40 years$25,839$16,278$9,907$5,868$3,405$331
41 years$24,928$15,495$9,290$5,414$3,089$280
42 years$24,062$14,757$8,714$4,996$2,803$237
43 years$23,239$14,061$8,177$4,612$2,544$200
44 years$22,456$13,403$7,676$4,258$2,309$169
45 years$21,709$12,781$7,207$3,933$2,096$143
46 years$20,997$12,192$6,769$3,633$1,903$121
47 years$20,318$11,635$6,360$3,356$1,728$102
48 years$19,668$11,107$5,976$3,101$1,570$87
49 years$19,047$10,607$5,617$2,866$1,426$73
50 years$18,453$10,132$5,281$2,649$1,295$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $18,900,000, adding $6,568 every year, while hoping to spend $52,890 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: 54/20/26 Blend
49$18,900,000$18,900,000$18,900,000$18,900,000
50$20,834,575$19,832,875$19,539,925$21,809,251
51$22,903,427$20,748,411$20,138,238$23,397,875
52$25,181,529$21,707,036$20,754,822$25,120,460
53$27,690,170$22,710,805$21,390,232$26,994,769
54$30,452,805$23,761,873$22,045,043$29,035,365
55$33,495,284$24,862,497$22,719,845$31,258,263
56$36,846,089$26,015,046$23,415,246$33,681,074
57$40,536,606$27,221,999$24,131,873$36,323,163
58$44,601,421$28,485,958$24,870,371$39,205,830
59$49,078,644$29,809,648$25,631,407$42,352,506
60$54,010,272$31,195,927$26,415,665$45,788,966
61$59,442,583$32,647,791$27,223,853$49,543,567
62$65,426,572$34,168,378$28,056,698$53,647,511
63$72,018,435$35,760,981$28,914,950$58,135,129
64$79,280,096$37,429,050$29,799,382$63,044,204
65$87,279,793$39,176,201$30,710,789$68,416,315
66$96,092,724$41,006,226$31,649,991$74,297,228
67$105,801,750$42,923,100$32,617,835$80,737,312
68$116,498,185$44,930,989$33,615,189$87,792,015
69$128,282,654$47,034,261$34,642,951$95,522,374
70$141,266,040$49,237,495$35,702,046$103,995,584
71$155,570,537$51,545,493$36,793,425$113,285,621
72$171,330,796$53,963,286$37,918,069$123,473,935
73$188,695,201$56,496,151$39,076,988$134,650,203
74$207,827,268$59,149,620$40,271,224$146,913,173
75$228,907,189$61,929,491$41,501,850$160,371,577
76$252,133,531$64,841,844$42,769,970$175,145,151
77$277,725,110$67,893,053$44,076,723$191,365,752
78$305,923,059$71,089,801$45,423,281$209,178,592
79$336,993,105$74,439,095$46,810,855$228,743,593
80$371,228,070$77,948,279$48,240,687$250,236,884
81$408,950,645$81,625,056$49,714,062$273,852,453
82$450,516,428$85,477,501$51,232,300$299,803,958
83$496,317,284$89,514,079$52,796,762$328,326,733
84$546,785,045$93,743,667$54,408,852$359,679,993
85$602,395,585$98,175,572$56,070,014$394,149,260
86$663,673,311$102,819,552$57,781,736$432,049,048
87$731,196,117$107,685,839$59,545,553$473,725,808
88$805,600,836$112,785,159$61,363,043$519,561,181
89$887,589,251$118,128,762$63,235,835$569,975,584
90$977,934,724$123,728,440$65,165,605$625,432,153
91$1,077,489,493$129,596,561$67,154,080$686,441,098
92$1,187,192,720$135,746,091$69,203,040$753,564,492
93$1,308,079,354$142,190,626$71,314,318$827,421,561
94$1,441,289,903$148,944,422$73,489,803$908,694,495
95$1,588,081,202$156,022,427$75,731,440$998,134,872
96$1,749,838,275$163,440,316$78,041,233$1,096,570,719
97$1,928,087,411$171,214,525$80,421,248$1,204,914,305
98$2,124,510,578$179,362,287$82,873,610$1,324,170,720
99$2,340,961,292$187,901,674$85,400,511$1,455,447,339
100$2,579,482,124$196,851,636$88,004,208$1,599,964,235