Can I retire at age 50 with 19,200,000?

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 $19,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$1,585,518$1,571,395$1,557,616$1,544,167$1,531,035$1,491,602
2 years$784,910$770,292$756,124$742,388$729,064$689,599
3 years$518,075$503,394$489,263$475,655$462,548$424,285
4 years$384,684$370,048$356,058$342,683$329,893$293,126
5 years$304,671$290,122$276,316$263,213$250,780$215,610
6 years$251,346$236,907$223,304$210,494$198,433$164,896
7 years$213,271$198,954$185,567$173,059$161,380$129,478
8 years$184,728$170,540$157,375$145,175$133,880$103,598
9 years$162,540$148,486$135,547$123,656$112,746$84,059
10 years$144,800$130,883$118,173$106,593$96,065$68,937
11 years$130,295$116,517$104,038$92,768$82,619$57,010
12 years$118,216$104,580$92,331$81,370$71,596$47,460
13 years$108,003$94,510$82,492$71,837$62,433$39,721
14 years$99,257$85,907$74,119$63,769$54,729$33,390
15 years$91,683$78,477$66,919$56,871$48,187$28,168
16 years$85,063$72,001$60,672$50,922$42,588$23,833
17 years$79,228$66,311$55,209$45,753$37,762$20,215
18 years$74,047$61,274$50,399$41,233$33,576$17,181
19 years$69,417$56,788$46,138$37,257$29,927$14,629
20 years$65,255$52,770$42,343$33,743$26,731$12,473
21 years$61,494$49,153$38,947$30,624$23,921$10,648
22 years$58,080$45,883$35,896$27,845$21,442$9,100
23 years$54,967$42,913$33,144$25,359$19,248$7,784
24 years$52,118$40,207$30,652$23,128$17,300$6,663
25 years$49,501$37,732$28,390$21,122$15,568$5,707
26 years$47,089$35,462$26,330$19,313$14,023$4,891
27 years$44,859$33,374$24,450$17,678$12,643$4,194
28 years$42,793$31,448$22,730$16,197$11,408$3,597
29 years$40,872$29,668$21,152$14,853$10,301$3,087
30 years$39,083$28,018$19,702$13,631$9,308$2,649
31 years$37,412$26,486$18,368$12,519$8,415$2,275
32 years$35,850$25,062$17,137$11,505$7,612$1,953
33 years$34,384$23,734$16,001$10,580$6,889$1,678
34 years$33,008$22,494$14,951$9,735$6,237$1,441
35 years$31,714$21,335$13,978$8,961$5,649$1,238
36 years$30,494$20,250$13,076$8,253$5,118$1,064
37 years$29,343$19,233$12,239$7,604$4,639$914
38 years$28,255$18,278$11,461$7,009$4,206$786
39 years$27,225$17,381$10,738$6,463$3,814$675
40 years$26,249$16,537$10,065$5,961$3,459$580
41 years$25,324$15,741$9,437$5,500$3,138$499
42 years$24,444$14,991$8,853$5,075$2,848$429
43 years$23,608$14,284$8,307$4,685$2,584$369
44 years$22,812$13,615$7,798$4,326$2,346$317
45 years$22,054$12,984$7,322$3,995$2,130$272
46 years$21,331$12,386$6,877$3,690$1,934$234
47 years$20,640$11,820$6,460$3,410$1,756$201
48 years$19,980$11,284$6,071$3,151$1,595$173
49 years$19,350$10,775$5,706$2,912$1,448$149
50 years$18,746$10,293$5,365$2,691$1,315$128

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,200,000, adding $3,092 every year, while hoping to spend $50,857 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: 61/31/8 Blend
49$19,200,000$19,200,000$19,200,000$19,200,000
50$21,161,589$20,143,989$19,846,389$22,416,512
51$23,265,960$21,076,933$20,457,132$24,189,581
52$25,583,272$22,053,887$21,086,630$26,117,204
53$28,135,192$23,076,954$21,735,458$28,219,132
54$30,945,593$24,148,336$22,404,208$30,512,181
55$34,040,785$25,270,346$23,093,490$33,014,837
56$37,449,757$26,445,405$23,803,934$35,747,427
57$41,204,454$27,676,052$24,536,188$38,732,306
58$45,340,077$28,964,947$25,290,918$41,994,055
59$49,895,415$30,314,879$26,068,814$45,559,715
60$54,913,214$31,728,775$26,870,586$49,459,030
61$60,440,574$33,209,697$27,696,963$53,724,719
62$66,529,401$34,760,861$28,548,700$58,392,781
63$73,236,891$36,385,634$29,426,572$63,502,824
64$80,626,072$38,087,548$30,331,380$69,098,432
65$88,766,398$39,870,305$31,263,948$75,227,566
66$97,734,406$41,737,785$32,225,126$81,943,007
67$107,614,437$43,694,058$33,215,789$89,302,847
68$118,499,431$45,743,389$34,236,840$97,371,025
69$130,491,807$47,890,249$35,289,208$106,217,918
70$143,704,427$50,139,326$36,373,852$115,921,000
71$158,261,661$52,495,535$37,491,758$126,565,554
72$174,300,563$54,964,030$38,643,945$138,245,471
73$191,972,164$57,550,211$39,831,461$151,064,121
74$211,442,896$60,259,743$41,055,386$165,135,313
75$232,896,165$63,098,563$42,316,835$180,584,360
76$256,534,078$66,072,897$43,616,953$197,549,243
77$282,579,358$69,189,273$44,956,925$216,181,901
78$311,277,438$72,454,533$46,337,968$236,649,645
79$342,898,785$75,875,854$47,761,338$259,136,725
80$377,741,448$79,460,757$49,228,329$283,846,051
81$416,133,871$83,217,130$50,740,274$311,001,084
82$458,438,001$87,153,243$52,298,548$340,847,935
83$505,052,693$91,277,769$53,904,565$373,657,660
84$556,417,485$95,599,797$55,559,786$409,728,803
85$613,016,743$100,128,861$57,265,713$449,390,189
86$675,384,232$104,874,957$59,023,896$493,004,004
87$744,108,159$109,848,565$60,835,932$540,969,192
88$819,836,720$115,060,673$62,703,464$593,725,196
89$903,284,224$120,522,805$64,628,189$651,756,074
90$995,237,835$126,247,043$66,611,854$715,595,048
91$1,096,565,001$132,246,055$68,656,257$785,829,503
92$1,208,221,645$138,533,124$70,763,255$863,106,503
93$1,331,261,186$145,122,182$72,934,758$948,138,866
94$1,466,844,491$152,027,832$75,172,736$1,041,711,862
95$1,616,250,824$159,265,391$77,479,218$1,144,690,587
96$1,780,889,932$166,850,919$79,856,296$1,258,028,097
97$1,962,315,346$174,801,255$82,306,123$1,382,774,362
98$2,162,239,055$183,134,060$84,830,921$1,520,086,140
99$2,382,547,658$191,867,849$87,432,977$1,671,237,855
100$2,625,320,187$201,022,041$90,114,649$1,837,633,581