Can I retire at age 50 with 19,300,000?

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 $19,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,493,334
2 years$788,998$774,304$760,063$746,255$732,861$687,222
3 years$520,774$506,016$491,811$478,133$464,957$420,784
4 years$386,688$371,975$357,912$344,468$331,612$289,244
5 years$306,257$291,633$277,755$264,584$252,086$211,638
6 years$252,655$238,140$224,467$211,590$199,467$160,976
7 years$214,382$199,990$186,533$173,960$162,220$125,684
8 years$185,691$171,428$158,195$145,931$134,577$99,974
9 years$163,387$149,259$136,253$124,301$113,333$80,628
10 years$145,554$131,565$118,789$107,148$96,566$65,712
11 years$130,973$117,124$104,580$93,251$83,050$53,995
12 years$118,831$105,124$92,812$81,794$71,969$44,655
13 years$108,565$95,002$82,921$72,212$62,759$37,123
14 years$99,774$86,354$74,505$64,101$55,014$30,991
15 years$92,161$78,886$67,268$57,167$48,438$25,961
16 years$85,506$72,376$60,988$51,187$42,810$21,809
17 years$79,641$66,656$55,497$45,991$37,958$18,364
18 years$74,433$61,593$50,662$41,447$33,751$15,493
19 years$69,778$57,084$46,378$37,451$30,083$13,092
20 years$65,595$53,045$42,564$33,919$26,871$11,078
21 years$61,814$49,409$39,150$30,784$24,046$9,385
22 years$58,382$46,122$36,083$27,990$21,554$7,958
23 years$55,253$43,137$33,316$25,491$19,348$6,754
24 years$52,389$40,416$30,812$23,249$17,390$5,736
25 years$49,758$37,929$28,538$21,232$15,649$4,874
26 years$47,334$35,647$26,468$19,414$14,096$4,143
27 years$45,093$33,548$24,578$17,770$12,709$3,524
28 years$43,015$31,612$22,848$16,281$11,467$2,998
29 years$41,085$29,822$21,262$14,930$10,355$2,552
30 years$39,286$28,164$19,805$13,702$9,356$2,172
31 years$37,607$26,624$18,463$12,584$8,459$1,850
32 years$36,036$25,192$17,227$11,565$7,652$1,575
33 years$34,563$23,857$16,085$10,635$6,925$1,342
34 years$33,180$22,611$15,029$9,785$6,269$1,143
35 years$31,879$21,446$14,051$9,008$5,678$974
36 years$30,653$20,356$13,144$8,296$5,145$830
37 years$29,496$19,333$12,303$7,644$4,663$707
38 years$28,402$18,374$11,521$7,045$4,228$602
39 years$27,367$17,471$10,794$6,496$3,834$513
40 years$26,386$16,623$10,117$5,992$3,477$438
41 years$25,456$15,823$9,487$5,528$3,155$373
42 years$24,572$15,070$8,899$5,102$2,863$318
43 years$23,731$14,358$8,350$4,710$2,598$271
44 years$22,931$13,686$7,838$4,349$2,358$231
45 years$22,169$13,051$7,360$4,016$2,141$197
46 years$21,442$12,450$6,912$3,710$1,944$168
47 years$20,748$11,881$6,494$3,427$1,765$143
48 years$20,085$11,342$6,103$3,167$1,603$122
49 years$19,450$10,831$5,736$2,927$1,456$104
50 years$18,844$10,347$5,393$2,705$1,322$89

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,300,000, adding $3,625 every year, while hoping to spend $49,664 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: 38/41/21 Blend
49$19,300,000$19,300,000$19,300,000$19,300,000
50$21,272,339$20,249,439$19,950,289$21,946,751
51$23,389,276$21,188,820$20,565,782$23,374,568
52$25,720,475$22,172,565$21,200,229$24,911,688
53$28,287,740$23,202,797$21,854,213$26,571,898
54$31,115,095$24,281,740$22,528,334$28,366,349
55$34,229,013$25,411,723$23,223,212$30,307,261
56$37,658,667$26,595,192$23,939,484$32,408,041
57$41,436,201$27,834,707$24,677,807$34,683,394
58$45,597,039$29,132,953$25,438,859$37,149,456
59$50,180,214$30,492,745$26,223,338$39,823,935
60$55,228,740$31,917,034$27,031,964$42,726,269
61$60,790,015$33,408,912$27,865,478$45,877,797
62$66,916,271$34,971,622$28,724,646$49,301,953
63$73,665,063$36,608,564$29,610,254$53,024,472
64$81,099,817$38,323,302$30,523,115$57,073,623
65$89,290,425$40,119,570$31,464,066$61,480,462
66$98,313,905$42,001,286$32,433,969$66,279,114
67$108,255,129$43,972,555$33,433,713$71,507,078
68$119,207,625$46,037,682$34,464,215$77,205,571
69$131,274,455$48,201,181$35,526,418$83,419,897
70$144,569,193$50,467,782$36,621,297$90,199,863
71$159,216,993$52,842,446$37,749,853$97,600,229
72$175,355,774$55,330,374$38,913,121$105,681,211
73$193,137,518$57,937,017$40,112,165$114,509,030
74$212,729,706$60,668,093$41,348,084$124,156,518
75$234,316,901$63,529,594$42,622,010$134,703,786
76$258,102,486$66,527,805$43,935,109$146,238,957
77$284,310,587$69,669,315$45,288,581$158,858,982
78$313,188,185$72,961,030$46,683,668$172,670,527
79$345,007,453$76,410,193$48,121,643$187,790,959
80$380,068,320$80,024,399$49,603,825$204,349,427
81$418,701,303$83,811,609$51,131,568$222,488,060
82$461,270,630$87,780,172$52,706,269$242,363,274
83$508,177,675$91,938,841$54,329,370$264,147,227
84$559,864,748$96,296,795$56,002,354$288,029,410
85$616,819,270$100,863,656$57,726,751$314,218,406
86$679,578,376$105,649,515$59,504,137$342,943,829
87$748,733,982$110,664,953$61,336,137$374,458,453
88$824,938,375$115,921,063$63,224,426$409,040,565
89$908,910,374$121,429,479$65,170,728$446,996,555
90$1,001,442,107$127,202,398$67,176,822$488,663,768
91$1,103,406,497$133,252,611$69,244,541$534,413,647
92$1,215,765,500$139,593,529$71,375,773$584,655,199
93$1,339,579,185$146,239,216$73,572,465$639,838,812
94$1,476,015,742$153,204,418$75,836,623$700,460,453
95$1,626,362,511$160,504,598$78,170,314$767,066,309
96$1,792,038,136$168,155,972$80,575,668$840,257,889
97$1,974,605,954$176,175,543$83,054,881$920,697,644
98$2,175,788,757$184,581,140$85,610,215$1,009,115,172
99$2,397,485,055$193,391,461$88,244,002$1,106,314,039
100$2,641,787,000$202,626,112$90,958,646$1,213,179,311