Can I retire at age 50 with 20,000,000?

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 $20,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,558,172
2 years$817,615$802,387$787,630$773,321$759,442$722,714
3 years$539,662$524,369$509,648$495,474$481,821$446,169
4 years$400,713$385,467$370,894$356,961$343,639$309,337
5 years$317,365$302,211$287,829$274,180$261,229$228,373
6 years$261,818$246,778$232,608$219,264$206,701$175,325
7 years$222,157$207,243$193,299$180,269$168,104$138,213
8 years$192,425$177,646$163,933$151,223$139,458$111,041
9 years$169,313$154,673$141,195$128,809$117,444$90,478
10 years$150,833$136,336$123,097$111,034$100,068$74,525
11 years$135,724$121,372$108,373$96,633$86,062$61,907
12 years$123,141$108,937$96,178$84,760$74,579$51,773
13 years$112,503$98,447$85,929$74,831$65,035$43,535
14 years$103,392$89,486$77,207$66,426$57,009$36,771
15 years$95,503$81,747$69,708$59,241$50,195$31,173
16 years$88,608$75,001$63,201$53,044$44,363$26,507
17 years$82,529$69,073$57,510$47,659$39,335$22,598
18 years$77,132$63,827$52,499$42,951$34,975$19,306
19 years$72,309$59,154$48,060$38,809$31,174$16,524
20 years$67,974$54,969$44,107$35,149$27,845$14,164
21 years$64,056$51,201$40,570$31,900$24,918$12,157
22 years$60,500$47,795$37,392$29,005$22,336$10,446
23 years$57,257$44,701$34,525$26,415$20,050$8,984
24 years$54,289$41,882$31,930$24,092$18,021$7,733
25 years$51,563$39,304$29,573$22,002$16,216$6,661
26 years$49,051$36,940$27,428$20,118$14,607$5,741
27 years$46,728$34,765$25,469$18,414$13,170$4,950
28 years$44,576$32,759$23,677$16,871$11,883$4,271
29 years$42,575$30,904$22,033$15,471$10,730$3,686
30 years$40,711$29,186$20,523$14,199$9,695$3,182
31 years$38,971$27,590$19,133$13,041$8,766$2,747
32 years$37,343$26,106$17,851$11,985$7,929$2,373
33 years$35,817$24,723$16,668$11,021$7,176$2,050
34 years$34,384$23,431$15,574$10,140$6,497$1,771
35 years$33,035$22,224$14,560$9,335$5,884$1,531
36 years$31,765$21,094$13,621$8,597$5,332$1,323
37 years$30,565$20,035$12,749$7,921$4,832$1,144
38 years$29,432$19,040$11,939$7,301$4,381$989
39 years$28,360$18,105$11,185$6,732$3,973$855
40 years$27,343$17,226$10,484$6,209$3,603$739
41 years$26,379$16,397$9,831$5,729$3,269$639
42 years$25,463$15,616$9,221$5,287$2,966$553
43 years$24,592$14,879$8,653$4,880$2,692$478
44 years$23,763$14,183$8,122$4,506$2,444$413
45 years$22,973$13,525$7,627$4,162$2,218$357
46 years$22,219$12,902$7,163$3,844$2,014$309
47 years$21,500$12,312$6,730$3,552$1,829$267
48 years$20,813$11,754$6,324$3,282$1,661$231
49 years$20,156$11,224$5,944$3,033$1,509$200
50 years$19,527$10,722$5,588$2,803$1,370$173

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $20,000,000, adding $4,162 every year, while hoping to spend $49,236 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: 32/40/28 Blend
49$20,000,000$20,000,000$20,000,000$20,000,000
50$22,044,293$20,984,293$20,674,293$22,561,171
51$24,240,424$21,960,137$21,314,495$23,933,833
52$26,658,911$22,982,147$21,974,494$25,406,616
53$29,322,380$24,052,533$22,654,900$26,991,997
54$32,255,768$25,173,612$23,356,345$28,699,924
55$35,486,551$26,347,813$24,079,476$30,541,293
56$39,045,005$27,577,682$24,824,965$32,528,044
57$42,964,494$28,865,887$25,593,500$34,673,261
58$47,281,784$30,215,227$26,385,793$36,991,289
59$52,037,387$31,628,634$27,202,578$39,497,858
60$57,275,947$33,109,183$28,044,611$42,210,220
61$63,046,658$34,660,098$28,912,670$45,147,301
62$69,403,731$36,284,757$29,807,559$48,329,868
63$76,406,905$37,986,703$30,730,105$51,780,713
64$84,122,009$39,769,651$31,681,163$55,524,856
65$92,621,583$41,637,493$32,661,611$59,589,767
66$101,985,566$43,594,312$33,672,357$64,005,610
67$112,302,048$45,644,388$34,714,336$68,805,516
68$123,668,101$47,792,207$35,788,510$74,025,877
69$136,190,696$50,042,473$36,895,873$79,706,678
70$149,987,711$52,400,118$38,037,449$85,891,852
71$165,189,047$54,870,313$39,214,293$92,629,684
72$181,937,851$57,458,480$40,427,493$99,973,241
73$200,391,867$60,170,301$41,678,170$107,980,862
74$220,724,929$63,011,737$42,967,480$116,716,681
75$243,128,595$65,989,036$44,296,614$126,251,217
76$267,813,962$69,108,749$45,666,800$136,662,014
77$295,013,653$72,377,744$47,079,305$148,034,355
78$324,984,016$75,803,224$48,535,432$160,462,037
79$358,007,544$79,392,740$50,036,527$174,048,237
80$394,395,539$83,154,210$51,583,977$188,906,456
81$434,491,053$87,095,936$53,179,209$205,161,564
82$478,672,126$91,226,622$54,823,698$222,950,954
83$527,355,352$95,555,396$56,518,961$242,425,801
84$580,999,816$100,091,828$58,266,564$263,752,467
85$640,111,422$104,845,952$60,068,119$287,114,032
86$705,247,675$109,828,292$61,925,289$312,711,990
87$777,022,940$115,049,881$63,839,789$340,768,117
88$856,114,243$120,522,288$65,813,384$371,526,525
89$943,267,659$126,257,644$67,847,896$405,255,929
90$1,039,305,362$132,268,669$69,945,202$442,252,139
91$1,145,133,379$138,568,704$72,107,236$482,840,816
92$1,261,750,148$145,171,735$74,335,993$527,380,495
93$1,390,255,942$152,092,429$76,633,528$576,265,924
94$1,531,863,256$159,346,166$79,001,959$629,931,747
95$1,687,908,255$166,949,075$81,443,471$688,856,546
96$1,859,863,384$174,918,067$83,960,315$753,567,314
97$2,049,351,274$183,270,877$86,554,810$824,644,368
98$2,258,160,056$192,026,102$89,229,348$902,726,770
99$2,488,260,244$201,203,244$91,986,394$988,518,300
100$2,741,823,340$210,822,753$94,828,489$1,082,794,033