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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.2%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,315,901
2 years$694,972$682,029$669,485$657,323$645,526$605,848
3 years$458,713$445,714$433,201$421,153$409,548$371,138
4 years$340,606$327,647$315,260$303,417$292,093$255,246
5 years$269,760$256,879$244,654$233,053$222,044$186,861
6 years$222,546$209,761$197,717$186,375$175,696$142,207
7 years$188,834$176,157$164,304$153,229$142,888$111,093
8 years$163,562$150,999$139,343$128,540$118,539$88,420
9 years$143,916$131,472$120,016$109,487$99,827$71,353
10 years$128,208$115,886$104,632$94,379$85,058$58,189
11 years$115,365$103,166$92,117$82,138$73,153$47,844
12 years$104,670$92,597$81,751$72,046$63,393$39,595
13 years$95,628$83,680$73,039$63,606$55,280$32,938
14 years$87,883$76,063$65,626$56,462$48,458$27,517
15 years$81,178$69,485$59,252$50,355$42,666$23,067
16 years$75,316$63,751$53,720$45,087$37,708$19,391
17 years$70,150$58,712$48,883$40,510$33,435$16,340
18 years$65,562$54,253$44,624$36,508$29,729$13,796
19 years$61,463$50,281$40,851$32,988$26,498$11,667
20 years$57,778$46,724$37,491$29,877$23,668$9,880
21 years$54,448$43,521$34,485$27,115$21,180$8,376
22 years$51,425$40,625$31,783$24,654$18,985$7,108
23 years$48,669$37,996$29,346$22,453$17,042$6,037
24 years$46,146$35,600$27,140$20,478$15,318$5,131
25 years$43,829$33,409$25,137$18,702$13,784$4,364
26 years$41,693$31,399$23,313$17,100$12,416$3,713
27 years$39,719$29,550$21,649$15,652$11,194$3,160
28 years$37,889$27,845$20,125$14,341$10,101$2,691
29 years$36,189$26,268$18,728$13,151$9,121$2,292
30 years$34,605$24,808$17,445$12,069$8,241$1,953
31 years$33,126$23,452$16,263$11,085$7,451$1,664
32 years$31,742$22,190$15,174$10,187$6,740$1,418
33 years$30,445$21,014$14,168$9,368$6,099$1,209
34 years$29,226$19,917$13,238$8,619$5,522$1,031
35 years$28,080$18,891$12,376$7,934$5,002$879
36 years$27,000$17,930$11,578$7,307$4,532$750
37 years$25,981$17,029$10,836$6,733$4,107$639
38 years$25,017$16,184$10,148$6,206$3,724$545
39 years$24,106$15,389$9,507$5,722$3,377$465
40 years$23,242$14,642$8,911$5,278$3,063$397
41 years$22,422$13,938$8,356$4,869$2,779$338
42 years$21,643$13,274$7,838$4,494$2,521$289
43 years$20,903$12,647$7,355$4,148$2,288$246
44 years$20,198$12,055$6,904$3,830$2,077$210
45 years$19,527$11,496$6,483$3,537$1,886$179
46 years$18,886$10,967$6,089$3,268$1,712$153
47 years$18,275$10,465$5,720$3,019$1,555$130
48 years$17,691$9,991$5,375$2,790$1,412$111
49 years$17,132$9,541$5,053$2,578$1,282$95
50 years$16,598$9,114$4,750$2,383$1,165$81

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 $5,813 every year, while hoping to spend $39,125 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$17,000,000$17,000,000$17,000,000$17,000,000
50$18,739,996$17,838,996$17,575,496$19,179,343
51$20,609,847$18,671,478$18,122,647$20,349,305
52$22,669,111$19,543,441$18,686,815$21,604,700
53$24,937,068$20,456,777$19,268,531$22,956,128
54$27,434,961$21,413,471$19,868,339$24,412,072
55$30,186,200$22,415,604$20,486,801$25,981,824
56$33,216,581$23,465,357$21,124,498$27,675,562
57$36,554,530$24,565,017$21,782,025$29,504,443
58$40,231,370$25,716,980$22,460,001$31,480,697
59$44,281,618$26,923,761$23,159,060$33,617,736
60$48,743,311$28,187,993$23,879,856$35,930,267
61$53,658,363$29,512,439$24,623,066$38,434,425
62$59,072,962$30,899,995$25,389,385$41,147,915
63$65,038,006$32,353,697$26,179,531$44,090,168
64$71,609,582$33,876,727$26,994,244$47,282,511
65$78,849,496$35,472,423$27,834,288$50,748,362
66$86,825,857$37,144,285$28,700,450$54,513,433
67$95,613,719$38,895,979$29,593,539$58,605,967
68$105,295,789$40,731,353$30,514,393$63,056,984
69$115,963,209$42,654,438$31,463,875$67,900,567
70$127,716,414$44,669,463$32,442,872$73,174,165
71$140,666,081$46,780,860$33,452,301$78,918,933
72$154,934,177$48,993,278$34,493,109$85,180,103
73$170,655,103$51,311,588$35,566,268$92,007,400
74$187,976,969$53,740,902$36,672,784$99,455,486
75$207,062,990$56,286,576$37,813,692$107,584,466
76$228,093,024$58,954,227$38,990,060$116,460,431
77$251,265,275$61,749,746$40,202,989$126,156,066
78$276,798,158$64,679,309$41,453,614$136,751,313
79$304,932,365$67,749,391$42,743,105$148,334,106
80$335,933,137$70,966,781$44,072,670$161,001,178
81$370,092,764$74,338,601$45,443,552$174,858,948
82$407,733,348$77,872,314$46,857,033$190,024,508
83$449,209,842$81,575,750$48,314,436$206,626,696
84$494,913,401$85,457,117$49,817,125$224,807,286
85$545,275,074$89,525,022$51,366,504$244,722,303
86$600,769,873$93,788,490$52,964,024$266,543,463
87$661,921,260$98,256,985$54,611,178$290,459,761
88$729,306,082$102,940,431$56,309,506$316,679,228
89$803,560,026$107,849,235$58,060,598$345,430,858
90$885,383,610$112,994,310$59,866,090$376,966,736
91$975,548,805$118,387,097$61,727,670$411,564,379
92$1,074,906,316$124,039,598$63,647,080$449,529,319
93$1,184,393,616$129,964,394$65,626,113$491,197,946
94$1,305,043,796$136,174,681$67,666,619$536,940,641
95$1,437,995,319$142,684,296$69,770,507$587,165,230
96$1,584,502,765$149,507,749$71,939,742$642,320,786
97$1,745,948,675$156,660,258$74,176,352$702,901,821
98$1,923,856,608$164,157,778$76,482,427$769,452,902
99$2,119,905,516$172,017,043$78,860,122$842,573,741
100$2,335,945,602$180,255,602$81,311,660$922,924,800