Can I retire at age 50 with 19,700,000?

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 $19,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$1,626,808$1,612,317$1,598,179$1,584,380$1,570,906$1,557,093
2 years$805,350$790,351$775,815$761,721$748,050$734,132
3 years$531,567$516,503$502,004$488,042$474,594$461,000
4 years$394,702$379,685$365,330$351,607$338,484$325,321
5 years$312,605$297,677$283,511$270,068$257,310$244,615
6 years$257,891$243,076$229,119$215,975$203,601$191,390
7 years$218,825$204,135$190,399$177,565$165,582$153,861
8 years$189,539$174,981$161,474$148,955$137,366$126,135
9 years$166,773$152,353$139,077$126,877$115,682$104,937
10 years$148,571$134,291$121,251$109,369$98,567$88,302
11 years$133,688$119,552$106,747$95,184$84,771$74,977
12 years$121,294$107,303$94,735$83,489$73,461$64,130
13 years$110,815$96,971$84,640$73,708$64,059$55,180
14 years$101,841$88,144$76,049$65,430$56,154$47,716
15 years$94,071$80,521$68,662$58,352$49,442$41,433
16 years$87,278$73,876$62,253$52,248$43,697$36,104
17 years$81,291$68,037$56,647$46,944$38,745$31,554
18 years$75,975$62,870$51,712$42,306$34,450$27,648
19 years$71,225$58,267$47,339$38,227$30,706$24,279
20 years$66,954$54,144$43,446$34,622$27,427$21,361
21 years$63,095$50,433$39,962$31,422$24,544$18,825
22 years$59,592$47,078$36,831$28,570$22,001$16,614
23 years$56,398$44,031$34,007$26,019$19,749$14,681
24 years$53,475$41,254$31,451$23,731$17,751$12,987
25 years$50,790$38,715$29,130$21,672$15,973$11,500
26 years$48,315$36,386$27,016$19,816$14,388$10,191
27 years$46,027$34,243$25,087$18,138$12,972$9,039
28 years$43,907$32,267$23,322$16,618$11,705$8,021
29 years$41,936$30,440$21,703$15,239$10,569$7,123
30 years$40,101$28,748$20,215$13,986$9,550$6,328
31 years$38,387$27,176$18,846$12,845$8,634$5,625
32 years$36,783$25,714$17,584$11,805$7,810$5,001
33 years$35,280$24,352$16,418$10,856$7,068$4,449
34 years$33,868$23,080$15,340$9,988$6,399$3,959
35 years$32,540$21,891$14,342$9,195$5,796$3,523
36 years$31,288$20,778$13,416$8,468$5,252$3,137
37 years$30,107$19,734$12,558$7,802$4,760$2,793
38 years$28,991$18,754$11,760$7,191$4,315$2,488
39 years$27,934$17,834$11,017$6,631$3,913$2,216
40 years$26,933$16,967$10,327$6,116$3,549$1,974
41 years$25,983$16,151$9,683$5,643$3,220$1,759
42 years$25,081$15,382$9,083$5,208$2,922$1,568
43 years$24,223$14,656$8,523$4,807$2,652$1,397
44 years$23,406$13,970$8,001$4,439$2,407$1,245
45 years$22,628$13,322$7,512$4,099$2,185$1,110
46 years$21,886$12,708$7,056$3,787$1,984$990
47 years$21,178$12,128$6,629$3,498$1,802$882
48 years$20,501$11,577$6,229$3,233$1,636$787
49 years$19,854$11,056$5,855$2,987$1,486$702
50 years$19,234$10,561$5,505$2,761$1,350$626

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,700,000, adding $4,542 every year, while hoping to spend $50,257 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: 49/39/12 Blend
49$19,700,000$19,700,000$19,700,000$19,700,000
50$21,714,085$20,669,985$20,364,635$22,706,749
51$23,875,449$21,629,341$20,993,377$24,348,553
52$26,255,587$22,634,022$21,641,498$26,125,308
53$28,876,762$23,686,194$22,309,593$28,054,128
54$31,763,505$24,788,130$22,998,277$30,149,266
55$34,942,846$25,942,213$23,708,184$32,426,372
56$38,444,574$27,150,938$24,439,966$34,902,631
57$42,301,511$28,416,925$25,194,295$37,596,923
58$46,549,827$29,742,916$25,971,865$40,529,988
59$51,229,378$31,131,787$26,773,391$43,724,611
60$56,384,084$32,586,555$27,599,610$47,205,835
61$62,062,344$34,110,379$28,451,280$51,001,180
62$68,317,489$35,706,574$29,329,184$55,140,899
63$75,208,290$37,378,614$30,234,129$59,658,246
64$82,799,509$39,130,139$31,166,946$64,589,786
65$91,162,512$40,964,968$32,128,491$69,975,722
66$100,375,940$42,887,104$33,119,648$75,860,267
67$110,526,456$44,900,742$34,141,326$82,292,047
68$121,709,558$47,010,282$35,194,464$89,324,544
69$134,030,482$49,220,335$36,280,028$97,016,592
70$147,605,197$51,535,737$37,399,015$105,432,913
71$162,561,497$53,961,558$38,552,451$114,644,715
72$179,040,207$56,503,112$39,741,396$124,730,345
73$197,196,515$59,165,971$40,966,939$135,776,019
74$217,201,434$61,955,978$42,230,206$147,876,609
75$239,243,417$64,879,257$43,532,354$161,136,525
76$263,530,136$67,942,232$44,874,579$175,670,684
77$290,290,444$71,151,635$46,258,111$191,605,566
78$319,776,530$74,514,526$47,684,219$209,080,397
79$352,266,306$78,038,307$49,154,210$228,248,433
80$388,066,024$81,730,740$50,669,431$249,278,387
81$427,513,174$85,599,961$52,231,272$272,355,998
82$470,979,661$89,654,503$53,841,164$297,685,757
83$518,875,325$93,903,312$55,500,581$325,492,811
84$571,651,803$98,355,768$57,211,045$356,025,062
85$629,806,793$103,021,708$58,974,122$389,555,476
86$693,888,758$107,911,443$60,791,427$426,384,630
87$764,502,096$113,035,789$62,664,624$466,843,520
88$842,312,850$118,406,082$64,595,429$511,296,646
89$928,054,994$124,034,214$66,585,609$560,145,424
90$1,022,537,363$129,932,650$68,636,987$613,831,935
91$1,126,651,288$136,114,464$70,751,440$672,843,062
92$1,241,379,010$142,593,363$72,930,903$737,715,042
93$1,367,802,951$149,383,720$75,177,371$809,038,491
94$1,507,115,938$156,500,609$77,492,899$887,463,933
95$1,660,632,458$163,959,833$79,879,605$973,707,893
96$1,829,801,070$171,777,965$82,339,673$1,068,559,616
97$2,016,218,079$179,972,386$84,875,353$1,172,888,464
98$2,221,642,609$188,561,318$87,488,962$1,287,652,072
99$2,448,013,204$197,563,872$90,182,892$1,413,905,331
100$2,697,466,136$207,000,087$92,959,604$1,552,810,289