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%19.5%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,303,879
2 years$694,972$682,029$669,485$657,323$645,526$594,022
3 years$458,713$445,714$433,201$421,153$409,548$359,887
4 years$340,606$327,647$315,260$303,417$292,093$244,652
5 years$269,760$256,879$244,654$233,053$222,044$176,947
6 years$222,546$209,761$197,717$186,375$175,696$132,972
7 years$188,834$176,157$164,304$153,229$142,888$102,524
8 years$163,562$150,999$139,343$128,540$118,539$80,497
9 years$143,916$131,472$120,016$109,487$99,827$64,053
10 years$128,208$115,886$104,632$94,379$85,058$51,484
11 years$115,365$103,166$92,117$82,138$73,153$41,705
12 years$104,670$92,597$81,751$72,046$63,393$33,990
13 years$95,628$83,680$73,039$63,606$55,280$27,836
14 years$87,883$76,063$65,626$56,462$48,458$22,885
15 years$81,178$69,485$59,252$50,355$42,666$18,873
16 years$75,316$63,751$53,720$45,087$37,708$15,605
17 years$70,150$58,712$48,883$40,510$33,435$12,929
18 years$65,562$54,253$44,624$36,508$29,729$10,730
19 years$61,463$50,281$40,851$32,988$26,498$8,918
20 years$57,778$46,724$37,491$29,877$23,668$7,420
21 years$54,448$43,521$34,485$27,115$21,180$6,180
22 years$51,425$40,625$31,783$24,654$18,985$5,151
23 years$48,669$37,996$29,346$22,453$17,042$4,296
24 years$46,146$35,600$27,140$20,478$15,318$3,585
25 years$43,829$33,409$25,137$18,702$13,784$2,993
26 years$41,693$31,399$23,313$17,100$12,416$2,500
27 years$39,719$29,550$21,649$15,652$11,194$2,089
28 years$37,889$27,845$20,125$14,341$10,101$1,746
29 years$36,189$26,268$18,728$13,151$9,121$1,459
30 years$34,605$24,808$17,445$12,069$8,241$1,220
31 years$33,126$23,452$16,263$11,085$7,451$1,020
32 years$31,742$22,190$15,174$10,187$6,740$853
33 years$30,445$21,014$14,168$9,368$6,099$713
34 years$29,226$19,917$13,238$8,619$5,522$597
35 years$28,080$18,891$12,376$7,934$5,002$499
36 years$27,000$17,930$11,578$7,307$4,532$418
37 years$25,981$17,029$10,836$6,733$4,107$349
38 years$25,017$16,184$10,148$6,206$3,724$292
39 years$24,106$15,389$9,507$5,722$3,377$245
40 years$23,242$14,642$8,911$5,278$3,063$205
41 years$22,422$13,938$8,356$4,869$2,779$171
42 years$21,643$13,274$7,838$4,494$2,521$143
43 years$20,903$12,647$7,355$4,148$2,288$120
44 years$20,198$12,055$6,904$3,830$2,077$100
45 years$19,527$11,496$6,483$3,537$1,886$84
46 years$18,886$10,967$6,089$3,268$1,712$70
47 years$18,275$10,465$5,720$3,019$1,555$59
48 years$17,691$9,991$5,375$2,790$1,412$49
49 years$17,132$9,541$5,053$2,578$1,282$41
50 years$16,598$9,114$4,750$2,383$1,165$34

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 $2,353 every year, while hoping to spend $53,447 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: 43/41/16 Blend
49$17,000,000$17,000,000$17,000,000$17,000,000
50$18,736,427$17,835,427$17,571,927$19,454,808
51$20,590,675$18,652,496$18,103,719$20,776,922
52$22,632,266$19,507,810$18,651,536$22,202,923
53$24,880,251$20,403,186$19,215,856$23,746,690
54$27,355,624$21,340,530$19,797,175$25,419,071
55$30,081,520$22,321,838$20,396,002$27,231,973
56$33,083,429$23,349,202$21,012,862$29,198,461
57$36,389,440$24,424,815$21,648,295$31,332,878
58$40,030,508$25,550,975$22,302,857$33,650,973
59$44,040,738$26,730,092$22,977,122$36,170,038
60$48,457,717$27,964,689$23,671,678$38,909,066
61$53,322,859$29,257,414$24,387,134$41,888,922
62$58,681,802$30,611,039$25,124,116$45,132,529
63$64,584,839$32,028,473$25,883,266$48,665,073
64$71,087,386$33,512,762$26,665,249$52,514,237
65$78,250,512$35,067,100$27,470,748$56,710,444
66$86,141,512$36,694,835$28,300,466$61,287,140
67$94,834,542$38,399,477$29,155,126$66,281,093
68$104,411,318$40,184,705$30,035,476$71,732,731
69$114,961,890$42,054,373$30,942,282$77,686,511
70$126,585,490$44,012,525$31,876,336$84,191,323
71$139,391,468$46,063,397$32,838,452$91,300,943
72$153,500,326$48,211,431$33,829,467$99,074,519
73$169,044,850$50,461,282$34,850,246$107,577,120
74$186,171,373$52,817,833$35,901,677$116,880,333
75$205,041,145$55,286,199$36,984,675$127,062,921
76$225,831,863$57,871,744$38,100,183$138,211,549
77$248,739,344$60,580,091$39,249,170$150,421,588
78$273,979,377$63,417,134$40,432,637$163,797,990
79$301,789,754$66,389,055$41,651,611$178,456,265
80$332,432,521$69,502,331$42,907,152$194,523,547
81$366,196,447$72,763,754$44,200,351$212,139,775
82$403,399,752$76,180,444$45,532,329$231,458,988
83$444,393,108$79,759,868$46,904,244$252,650,759
84$489,562,954$83,509,850$48,317,285$275,901,768
85$539,335,139$87,438,597$49,772,678$301,417,539
86$594,178,946$91,554,711$51,271,685$329,424,357
87$654,611,516$95,867,210$52,815,605$360,171,368
88$721,202,738$100,385,550$54,405,775$393,932,907
89$794,580,622$105,119,646$56,043,572$431,011,055
90$875,437,228$110,079,892$57,730,415$471,738,459
91$964,535,204$115,277,185$59,467,762$516,481,433
92$1,062,714,979$120,722,952$61,257,117$565,643,389
93$1,170,902,704$126,429,173$63,100,027$619,668,598
94$1,290,118,986$132,408,409$64,998,084$679,046,355
95$1,421,488,531$138,673,829$66,952,929$744,315,547
96$1,566,250,758$145,239,244$68,966,249$816,069,704
97$1,725,771,500$152,119,132$71,039,783$894,962,554
98$1,901,555,898$159,328,674$73,175,320$981,714,150
99$2,095,262,608$166,883,788$75,374,702$1,077,117,614
100$2,308,719,466$174,801,165$77,639,826$1,182,046,576