Can I retire at age 50 with 19,800,000?

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 $19,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,533,255
2 years$809,438$794,363$779,753$765,588$751,848$706,244
3 years$534,265$519,125$504,552$490,519$477,003$432,849
4 years$396,706$381,612$367,185$353,392$340,203$297,837
5 years$314,192$299,188$284,950$271,439$258,617$218,155
6 years$259,200$244,310$230,282$217,072$204,634$166,115
7 years$219,936$205,171$191,366$178,467$166,423$129,844
8 years$190,501$175,869$162,293$149,711$138,064$103,405
9 years$167,619$153,126$139,783$127,521$116,270$83,496
10 years$149,325$134,973$121,866$109,924$99,067$68,135
11 years$134,366$120,159$107,289$95,667$85,201$56,058
12 years$121,910$107,848$95,216$83,913$73,834$46,422
13 years$111,378$97,463$85,069$74,082$64,384$38,644
14 years$102,358$88,591$76,435$65,762$56,439$32,306
15 years$94,548$80,930$69,011$58,648$49,693$27,100
16 years$87,721$74,251$62,569$52,513$43,919$22,799
17 years$81,704$68,383$56,935$47,183$38,942$19,225
18 years$76,361$63,189$51,974$42,521$34,625$16,244
19 years$71,586$58,563$47,580$38,421$30,862$13,748
20 years$67,294$54,419$43,666$34,798$27,567$11,651
21 years$63,416$50,689$40,165$31,581$24,669$9,885
22 years$59,895$47,317$37,018$28,715$22,112$8,396
23 years$56,685$44,254$34,179$26,151$19,849$7,136
24 years$53,746$41,463$31,610$23,851$17,841$6,070
25 years$51,047$38,911$29,277$21,782$16,054$5,166
26 years$48,560$36,570$27,153$19,917$14,461$4,399
27 years$46,261$34,417$25,214$18,230$13,038$3,747
28 years$44,130$32,431$23,440$16,703$11,764$3,194
29 years$42,149$30,595$21,813$15,317$10,623$2,722
30 years$40,304$28,894$20,318$14,057$9,598$2,321
31 years$38,582$27,314$18,942$12,910$8,678$1,980
32 years$36,970$25,845$17,673$11,865$7,850$1,689
33 years$35,459$24,475$16,501$10,911$7,104$1,441
34 years$34,040$23,197$15,418$10,039$6,432$1,229
35 years$32,705$22,002$14,415$9,241$5,826$1,049
36 years$31,447$20,883$13,485$8,511$5,278$895
37 years$30,260$19,834$12,621$7,842$4,784$764
38 years$29,138$18,850$11,819$7,228$4,337$652
39 years$28,076$17,924$11,073$6,664$3,933$557
40 years$27,070$17,053$10,379$6,147$3,567$475
41 years$26,115$16,233$9,732$5,671$3,236$406
42 years$25,208$15,460$9,129$5,234$2,937$347
43 years$24,346$14,730$8,567$4,832$2,665$296
44 years$23,525$14,041$8,041$4,461$2,419$253
45 years$22,743$13,389$7,550$4,120$2,196$216
46 years$21,997$12,773$7,092$3,806$1,994$184
47 years$21,285$12,189$6,662$3,516$1,811$157
48 years$20,605$11,636$6,261$3,249$1,644$134
49 years$19,954$11,112$5,885$3,003$1,493$115
50 years$19,332$10,615$5,533$2,775$1,357$98

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,800,000, adding $6,417 every year, while hoping to spend $52,095 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: 51/22/27 Blend
49$19,800,000$19,800,000$19,800,000$19,800,000
50$21,826,219$20,776,819$20,469,919$22,773,199
51$23,997,065$21,739,455$21,100,233$24,395,758
52$26,387,591$22,747,513$21,749,916$26,153,338
53$29,020,149$23,803,166$22,419,562$28,063,503
54$31,919,371$24,908,687$23,109,784$30,140,792
55$35,112,397$26,066,463$23,821,212$32,401,186
56$38,629,136$27,278,994$24,554,497$34,862,253
57$42,502,542$28,548,899$25,310,307$37,543,305
58$46,768,933$29,878,927$26,089,334$40,465,581
59$51,468,327$31,271,957$26,892,289$43,652,434
60$56,644,821$32,731,008$27,719,906$47,129,550
61$62,347,009$34,259,243$28,572,939$50,925,180
62$68,628,440$35,859,982$29,452,168$55,070,404
63$75,548,120$37,536,701$30,358,396$59,599,411
64$83,171,075$39,293,046$31,292,448$64,549,818
65$91,568,958$41,132,839$32,255,179$69,963,016
66$100,820,730$43,060,086$33,247,466$75,884,554
67$111,013,403$45,078,988$34,270,214$82,364,554
68$122,242,860$47,193,948$35,324,356$89,458,183
69$134,614,763$49,409,584$36,410,854$97,226,159
70$148,245,550$51,730,734$37,530,698$105,735,315
71$163,263,529$54,162,473$38,684,909$115,059,219
72$179,810,096$56,710,121$39,874,540$125,278,861
73$198,041,063$59,379,254$41,100,675$136,483,399
74$218,128,135$62,175,721$42,364,431$148,770,997
75$240,260,524$65,105,651$43,666,959$162,249,732
76$264,646,743$68,175,473$45,009,447$177,038,606
77$291,516,564$71,391,925$46,393,117$193,268,654
78$321,123,196$74,762,072$47,819,229$211,084,167
79$353,745,671$78,293,322$49,289,083$230,644,037
80$389,691,478$81,993,443$50,804,015$252,123,247
81$429,299,465$85,870,578$52,365,406$275,714,499
82$472,943,039$89,933,266$53,974,676$301,630,025
83$521,033,692$94,190,458$55,633,290$330,103,565
84$574,024,881$98,651,543$57,342,758$361,392,558
85$632,416,312$103,326,362$59,104,634$395,780,557
86$696,758,657$108,225,235$60,920,520$433,579,878
87$767,658,752$113,358,983$62,792,069$475,134,534
88$845,785,324$118,738,953$64,720,983$520,823,456
89$931,875,306$124,377,040$66,709,014$571,064,050
90$1,026,740,791$130,285,720$68,757,971$626,316,115
91$1,131,276,704$136,478,072$70,869,715$687,086,152
92$1,246,469,244$142,967,813$73,046,166$753,932,126
93$1,373,405,195$149,769,324$75,289,301$827,468,705
94$1,513,282,189$156,897,686$77,601,158$908,373,031
95$1,667,420,012$164,368,712$79,983,836$997,391,084
96$1,837,273,059$172,198,984$82,439,499$1,095,344,695
97$2,024,444,066$180,405,890$84,970,378$1,203,139,270
98$2,230,699,245$189,007,663$87,578,770$1,321,772,304
99$2,457,984,952$198,023,422$90,267,042$1,452,342,761
100$2,708,446,063$207,473,216$93,037,635$1,596,061,414