Can I retire at age 50 with 19,900,000?

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,535,443
2 years$813,526$798,375$783,691$769,454$755,645$704,332
3 years$536,964$521,747$507,100$492,997$479,412$429,807
4 years$398,709$383,539$369,039$355,176$341,921$294,404
5 years$315,778$300,700$286,390$272,810$259,923$214,621
6 years$260,509$245,544$231,445$218,168$205,668$162,619
7 years$221,047$206,207$192,332$179,368$167,263$126,462
8 years$191,463$176,758$163,113$150,467$138,761$100,179
9 years$168,466$153,899$140,489$128,165$116,857$80,449
10 years$150,079$135,655$122,482$110,479$99,568$65,279
11 years$135,045$120,765$107,831$96,150$85,632$53,397
12 years$122,526$108,393$95,697$84,337$74,207$43,956
13 years$111,940$97,955$85,499$74,457$64,710$36,369
14 years$102,875$89,039$76,821$66,094$56,724$30,215
15 years$95,026$81,338$69,359$58,944$49,944$25,186
16 years$88,165$74,626$62,885$52,778$44,141$21,051
17 years$82,117$68,728$57,222$47,421$39,138$17,635
18 years$76,747$63,508$52,237$42,736$34,800$14,801
19 years$71,948$58,858$47,820$38,615$31,018$12,441
20 years$67,634$54,694$43,887$34,974$27,706$10,472
21 years$63,736$50,945$40,367$31,741$24,794$8,823
22 years$60,197$47,556$37,205$28,860$22,224$7,441
23 years$56,971$44,478$34,352$26,283$19,950$6,280
24 years$54,018$41,673$31,770$23,972$17,931$5,304
25 years$51,305$39,108$29,425$21,892$16,135$4,482
26 years$48,805$36,755$27,290$20,017$14,534$3,789
27 years$46,495$34,591$25,342$18,322$13,104$3,204
28 years$44,353$32,595$23,558$16,787$11,824$2,710
29 years$42,362$30,749$21,923$15,394$10,676$2,294
30 years$40,508$29,040$20,420$14,128$9,647$1,941
31 years$38,776$27,452$19,037$12,975$8,722$1,643
32 years$37,157$25,975$17,762$11,925$7,889$1,391
33 years$35,638$24,599$16,585$10,966$7,140$1,178
34 years$34,212$23,314$15,496$10,090$6,464$998
35 years$32,870$22,113$14,487$9,288$5,855$845
36 years$31,606$20,989$13,553$8,554$5,305$716
37 years$30,413$19,934$12,685$7,881$4,808$606
38 years$29,285$18,945$11,879$7,264$4,359$514
39 years$28,218$18,015$11,129$6,698$3,953$435
40 years$27,206$17,139$10,432$6,178$3,585$369
41 years$26,247$16,315$9,781$5,700$3,253$312
42 years$25,336$15,538$9,175$5,260$2,952$265
43 years$24,469$14,805$8,610$4,856$2,679$224
44 years$23,644$14,112$8,082$4,484$2,431$190
45 years$22,858$13,457$7,589$4,141$2,207$161
46 years$22,108$12,837$7,127$3,825$2,004$137
47 years$21,393$12,251$6,696$3,534$1,820$116
48 years$20,709$11,695$6,292$3,265$1,653$98
49 years$20,055$11,168$5,914$3,018$1,501$83
50 years$19,429$10,668$5,560$2,789$1,363$70

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $19,900,000, adding $6,508 every year, while hoping to spend $52,332 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: 42/37/21 Blend
49$19,900,000$19,900,000$19,900,000$19,900,000
50$21,936,513$20,881,813$20,573,363$22,722,637
51$24,118,356$21,849,341$21,206,890$24,249,749
52$26,520,994$22,862,524$21,859,886$25,896,874
53$29,166,891$23,923,544$22,532,948$27,679,516
54$32,080,804$25,034,687$23,226,692$29,610,153
55$35,290,011$26,198,352$23,941,751$31,702,480
56$38,824,572$27,417,050$24,678,779$33,971,525
57$42,717,609$28,693,417$25,438,449$36,433,789
58$47,005,623$30,030,212$26,221,455$39,107,387
59$51,728,836$31,430,332$27,028,513$42,012,216
60$56,931,569$32,896,810$27,860,360$45,170,125
61$62,662,662$34,432,826$28,717,754$48,605,120
62$68,975,934$36,041,715$29,601,480$52,343,576
63$75,930,693$37,726,973$30,512,344$56,414,473
64$83,592,293$39,492,264$31,451,176$60,849,662
65$92,032,751$41,341,429$32,418,835$65,684,155
66$101,331,428$43,278,496$33,416,203$70,956,436
67$111,575,778$45,307,686$34,444,189$76,708,819
68$122,862,170$47,433,426$35,503,732$82,987,830
69$135,296,803$49,660,355$36,595,798$89,844,632
70$148,996,702$51,993,338$37,721,384$97,335,495
71$164,090,830$54,437,476$38,881,514$105,522,308
72$180,721,298$56,998,115$40,077,248$114,473,152
73$199,044,709$59,680,861$41,309,674$124,262,923
74$219,233,638$62,491,592$42,579,917$134,974,019
75$241,478,258$65,436,470$43,889,134$146,697,103
76$265,988,138$68,521,954$45,238,517$159,531,939
77$292,994,217$71,754,818$46,629,296$173,588,311
78$322,750,987$75,142,165$48,062,737$188,987,039
79$355,538,896$78,691,439$49,540,147$205,861,100
80$391,666,991$82,410,448$51,062,871$224,356,855
81$431,475,841$86,307,376$52,632,294$244,635,411
82$475,340,747$90,390,808$54,249,845$266,874,114
83$523,675,285$94,669,739$55,916,997$291,268,196
84$576,935,215$99,153,607$57,635,267$318,032,592
85$635,622,776$103,852,303$59,406,218$347,403,938
86$700,291,434$108,776,201$61,231,461$379,642,776
87$771,551,102$113,936,176$63,112,657$415,035,980
88$850,073,899$119,343,634$65,051,515$453,899,433
89$936,600,496$125,010,531$67,049,800$496,580,969
90$1,031,947,106$130,949,406$69,109,328$543,463,627
91$1,137,013,191$137,173,408$71,231,971$594,969,223
92$1,252,789,953$143,696,321$73,419,658$651,562,295
93$1,380,369,688$150,532,601$75,674,377$713,754,443
94$1,520,956,105$157,697,406$77,998,177$782,109,121
95$1,675,875,680$165,206,632$80,393,168$857,246,902
96$1,846,590,186$173,076,944$82,861,526$939,851,296
97$2,034,710,491$181,325,820$85,405,493$1,030,675,145
98$2,242,011,762$189,971,586$88,027,378$1,130,547,684
99$2,470,450,227$199,033,459$90,729,561$1,240,382,309
100$2,722,181,644$208,531,593$93,514,495$1,361,185,145