Can I retire at age 50 with 19,400,000?

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 $19,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,512,042
2 years$793,086$778,316$764,001$750,121$736,659$701,644
3 years$523,472$508,638$494,359$480,610$467,367$433,371
4 years$388,691$373,903$359,767$346,252$333,330$300,615
5 years$307,844$293,144$279,194$265,955$253,392$222,051
6 years$253,964$239,374$225,630$212,686$200,500$170,565
7 years$215,493$201,026$187,500$174,861$163,061$134,536
8 years$186,653$172,317$159,015$146,687$135,274$108,150
9 years$164,233$150,033$136,959$124,945$113,921$88,176
10 years$146,308$132,246$119,404$107,703$97,066$72,673
11 years$131,652$117,731$105,121$93,734$83,480$60,407
12 years$119,447$105,669$93,293$82,218$72,342$50,552
13 years$109,128$95,494$83,351$72,586$63,084$42,537
14 years$100,290$86,801$74,891$64,434$55,299$35,952
15 years$92,638$79,295$67,617$57,463$48,689$30,500
16 years$85,949$72,751$61,304$51,452$43,032$25,953
17 years$80,053$67,001$55,784$46,229$38,155$22,142
18 years$74,818$61,912$50,924$41,662$33,926$18,930
19 years$70,140$57,380$46,619$37,645$30,239$16,214
20 years$65,934$53,320$42,784$34,095$27,010$13,909
21 years$62,135$49,665$39,353$30,943$24,171$11,947
22 years$58,685$46,361$36,270$28,135$21,666$10,274
23 years$55,539$43,360$33,489$25,623$19,448$8,843
24 years$52,661$40,626$30,972$23,369$17,481$7,618
25 years$50,016$38,125$28,686$21,342$15,730$6,567
26 years$47,579$35,832$26,605$19,514$14,169$5,664
27 years$45,326$33,722$24,705$17,862$12,774$4,888
28 years$43,238$31,776$22,966$16,365$11,527$4,220
29 years$41,298$29,977$21,372$15,007$10,408$3,645
30 years$39,490$28,310$19,907$13,773$9,404$3,149
31 years$37,802$26,762$18,559$12,649$8,503$2,722
32 years$36,223$25,323$17,316$11,625$7,691$2,353
33 years$34,743$23,981$16,168$10,690$6,961$2,034
34 years$33,352$22,728$15,106$9,836$6,302$1,759
35 years$32,044$21,558$14,123$9,055$5,708$1,522
36 years$30,812$20,461$13,212$8,339$5,172$1,316
37 years$29,648$19,434$12,366$7,683$4,687$1,139
38 years$28,549$18,469$11,581$7,082$4,249$985
39 years$27,509$17,562$10,850$6,530$3,854$853
40 years$26,523$16,709$10,169$6,023$3,495$738
41 years$25,587$15,905$9,536$5,557$3,171$639
42 years$24,699$15,148$8,945$5,128$2,877$553
43 years$23,854$14,433$8,393$4,734$2,611$478
44 years$23,050$13,757$7,879$4,371$2,370$414
45 years$22,284$13,119$7,398$4,037$2,152$358
46 years$21,553$12,515$6,948$3,729$1,954$310
47 years$20,855$11,943$6,528$3,445$1,774$269
48 years$20,189$11,401$6,134$3,183$1,611$232
49 years$19,551$10,887$5,766$2,942$1,463$201
50 years$18,941$10,400$5,421$2,719$1,329$174

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,400,000, adding $3,834 every year, while hoping to spend $27,926 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: 31/39/30 Blend
49$19,400,000$19,400,000$19,400,000$19,400,000
50$21,382,755$20,354,555$20,053,855$21,849,486
51$23,534,083$21,322,215$20,695,946$23,181,429
52$25,903,910$22,336,354$21,358,611$24,611,420
53$28,514,495$23,399,221$22,042,510$26,150,179
54$31,390,363$24,513,173$22,748,324$27,807,260
55$34,558,542$25,680,681$23,476,755$29,593,125
56$38,048,816$26,904,337$24,228,529$31,519,234
57$41,894,005$28,186,860$25,004,395$33,598,144
58$46,130,277$29,531,098$25,805,125$35,843,615
59$50,797,484$30,940,042$26,631,516$38,270,733
60$55,939,548$32,416,824$27,484,392$40,896,038
61$61,604,865$33,964,731$28,364,602$43,737,672
62$67,846,767$35,587,209$29,273,023$46,815,537
63$74,724,028$37,287,872$30,210,559$50,151,468
64$82,301,410$39,070,510$31,178,145$53,769,431
65$90,650,286$40,939,097$32,176,744$57,695,732
66$99,849,301$42,897,799$33,207,351$61,959,252
67$109,985,126$44,950,987$34,270,993$66,591,705
68$121,153,268$47,103,244$35,368,730$71,627,922
69$133,458,974$49,359,376$36,501,656$77,106,163
70$147,018,226$51,724,423$37,670,899$83,068,463
71$161,958,836$54,203,669$38,877,624$89,561,006
72$178,421,646$56,802,659$40,123,034$96,634,549
73$196,561,869$59,527,204$41,408,370$104,344,878
74$216,550,542$62,383,399$42,734,913$112,753,314
75$238,576,150$65,377,639$44,103,985$121,927,272
76$262,846,400$68,516,625$45,516,951$131,940,876
77$289,590,183$71,807,390$46,975,219$142,875,631
78$319,059,735$75,257,306$48,480,243$154,821,175
79$351,533,020$78,874,106$50,033,523$167,876,093
80$387,316,349$82,665,898$51,636,607$182,148,826
81$426,747,277$86,641,187$53,291,093$197,758,663
82$470,197,786$90,808,892$54,998,632$214,836,843
83$518,077,799$95,178,367$56,760,925$233,527,756
84$570,839,049$99,759,421$58,579,730$253,990,283
85$628,979,341$104,562,342$60,456,860$276,399,256
86$693,047,257$109,597,919$62,394,188$300,947,074
87$763,647,328$114,877,469$64,393,645$327,845,487
88$841,445,749$120,412,858$66,457,225$357,327,553
89$927,176,659$126,216,532$68,586,986$389,649,800
90$1,021,649,081$132,301,545$70,785,053$425,094,603
91$1,125,754,553$138,681,586$73,053,618$463,972,813
92$1,240,475,547$145,371,013$75,394,943$506,626,635
93$1,366,894,744$152,384,884$77,811,365$553,432,820
94$1,506,205,256$159,738,992$80,305,294$604,806,168
95$1,659,721,888$167,449,898$82,879,217$661,203,390
96$1,828,893,554$175,534,976$85,535,704$723,127,367
97$2,015,316,950$184,012,444$88,277,404$791,131,838
98$2,220,751,635$192,901,409$91,107,053$865,826,569
99$2,447,136,636$202,221,913$94,027,474$947,883,046
100$2,696,608,761$211,994,975$97,041,582$1,038,040,746