Can I retire at age 50 with 17,000,000?

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 $17,000,000?

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$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,324,447
2 years$694,972$682,029$669,485$657,323$645,526$614,307
3 years$458,713$445,714$433,201$421,153$409,548$379,244
4 years$340,606$327,647$315,260$303,417$292,093$262,936
5 years$269,760$256,879$244,654$233,053$222,044$194,117
6 years$222,546$209,761$197,717$186,375$175,696$149,027
7 years$188,834$176,157$164,304$153,229$142,888$117,481
8 years$163,562$150,999$139,343$128,540$118,539$94,385
9 years$143,916$131,472$120,016$109,487$99,827$76,907
10 years$128,208$115,886$104,632$94,379$85,058$63,346
11 years$115,365$103,166$92,117$82,138$73,153$52,621
12 years$104,670$92,597$81,751$72,046$63,393$44,007
13 years$95,628$83,680$73,039$63,606$55,280$37,005
14 years$87,883$76,063$65,626$56,462$48,458$31,256
15 years$81,178$69,485$59,252$50,355$42,666$26,497
16 years$75,316$63,751$53,720$45,087$37,708$22,531
17 years$70,150$58,712$48,883$40,510$33,435$19,208
18 years$65,562$54,253$44,624$36,508$29,729$16,410
19 years$61,463$50,281$40,851$32,988$26,498$14,045
20 years$57,778$46,724$37,491$29,877$23,668$12,039
21 years$54,448$43,521$34,485$27,115$21,180$10,333
22 years$51,425$40,625$31,783$24,654$18,985$8,879
23 years$48,669$37,996$29,346$22,453$17,042$7,636
24 years$46,146$35,600$27,140$20,478$15,318$6,573
25 years$43,829$33,409$25,137$18,702$13,784$5,662
26 years$41,693$31,399$23,313$17,100$12,416$4,880
27 years$39,719$29,550$21,649$15,652$11,194$4,208
28 years$37,889$27,845$20,125$14,341$10,101$3,630
29 years$36,189$26,268$18,728$13,151$9,121$3,133
30 years$34,605$24,808$17,445$12,069$8,241$2,704
31 years$33,126$23,452$16,263$11,085$7,451$2,335
32 years$31,742$22,190$15,174$10,187$6,740$2,017
33 years$30,445$21,014$14,168$9,368$6,099$1,743
34 years$29,226$19,917$13,238$8,619$5,522$1,506
35 years$28,080$18,891$12,376$7,934$5,002$1,301
36 years$27,000$17,930$11,578$7,307$4,532$1,125
37 years$25,981$17,029$10,836$6,733$4,107$972
38 years$25,017$16,184$10,148$6,206$3,724$840
39 years$24,106$15,389$9,507$5,722$3,377$727
40 years$23,242$14,642$8,911$5,278$3,063$628
41 years$22,422$13,938$8,356$4,869$2,779$543
42 years$21,643$13,274$7,838$4,494$2,521$470
43 years$20,903$12,647$7,355$4,148$2,288$406
44 years$20,198$12,055$6,904$3,830$2,077$351
45 years$19,527$11,496$6,483$3,537$1,886$304
46 years$18,886$10,967$6,089$3,268$1,712$263
47 years$18,275$10,465$5,720$3,019$1,555$227
48 years$17,691$9,991$5,375$2,790$1,412$197
49 years$17,132$9,541$5,053$2,578$1,282$170
50 years$16,598$9,114$4,750$2,383$1,165$147

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,000,000, adding $5,917 every year, while hoping to spend $39,672 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: 24/47/29 Blend
49$17,000,000$17,000,000$17,000,000$17,000,000
50$18,740,103$17,839,103$17,575,603$19,018,918
51$20,609,383$18,671,009$18,122,175$20,090,040
52$22,668,000$19,542,348$18,685,728$21,233,081
53$24,935,224$20,455,011$19,266,788$22,456,918
54$27,432,290$21,410,980$19,865,899$23,768,307
55$30,182,598$22,412,332$20,483,621$25,174,629
56$33,211,932$23,461,245$21,120,531$26,683,950
57$36,548,705$24,560,003$21,777,225$28,305,090
58$40,224,228$25,710,997$22,454,316$30,047,693
59$44,273,002$26,916,739$23,152,439$31,922,312
60$48,733,046$28,179,857$23,872,244$33,940,494
61$53,646,258$29,503,111$24,614,405$36,114,881
62$59,058,804$30,889,391$25,379,615$38,459,318
63$65,021,559$32,341,729$26,168,589$40,988,968
64$71,590,587$33,863,302$26,982,065$43,720,447
65$78,827,665$35,457,442$27,820,803$46,671,964
66$86,800,873$37,127,643$28,685,586$49,863,483
67$95,585,230$38,877,566$29,577,221$53,316,892
68$105,263,408$40,711,051$30,496,543$57,056,200
69$115,926,508$42,632,124$31,444,409$61,107,741
70$127,674,920$44,645,007$32,421,705$65,500,416
71$140,619,273$46,754,123$33,429,343$70,265,938
72$154,881,477$48,964,114$34,468,265$75,439,120
73$170,595,877$51,279,844$35,539,441$81,058,182
74$187,910,514$53,706,415$36,643,870$87,165,093
75$206,988,531$56,249,174$37,782,584$93,805,949
76$228,009,707$58,913,729$38,956,646$101,031,379
77$251,172,156$61,705,960$40,167,152$108,897,009
78$276,694,196$64,632,032$41,415,232$117,463,959
79$304,816,412$67,698,411$42,702,051$126,799,394
80$335,803,926$70,911,873$44,028,810$136,977,135
81$369,948,898$74,279,526$45,396,747$148,078,330
82$407,573,286$77,808,823$46,807,138$160,192,185
83$449,031,884$81,507,577$48,261,299$173,416,786
84$494,715,671$85,383,984$49,760,588$187,859,983
85$545,055,505$89,446,635$51,306,403$203,640,386
86$600,526,185$93,704,538$52,900,186$220,888,445
87$661,650,937$98,167,142$54,543,424$239,747,646
88$729,006,354$102,844,353$56,237,649$260,375,828
89$803,227,834$107,746,558$57,984,442$282,946,639
90$885,015,584$112,884,650$59,785,432$307,651,128
91$975,141,227$118,270,052$61,642,298$334,699,509
92$1,074,455,089$123,914,742$63,556,772$364,323,100
93$1,183,894,223$129,831,279$65,530,639$396,776,461
94$1,304,491,257$136,032,834$67,565,738$432,339,747
95$1,437,384,143$142,533,221$69,663,968$471,321,303
96$1,583,826,899$149,346,922$71,827,284$514,060,518
97$1,745,201,447$156,489,126$74,057,703$560,930,977
98$1,923,030,662$163,975,760$76,357,303$612,343,924
99$2,118,992,745$171,823,528$78,728,228$668,752,089
100$2,334,937,068$180,049,944$81,172,687$730,653,892