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%19.1%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,305,948
2 years$694,972$682,029$669,485$657,323$645,526$596,051
3 years$458,713$445,714$433,201$421,153$409,548$361,810
4 years$340,606$327,647$315,260$303,417$292,093$246,457
5 years$269,760$256,879$244,654$233,053$222,044$178,628
6 years$222,546$209,761$197,717$186,375$175,696$134,531
7 years$188,834$176,157$164,304$153,229$142,888$103,964
8 years$163,562$150,999$139,343$128,540$118,539$81,823
9 years$143,916$131,472$120,016$109,487$99,827$65,267
10 years$128,208$115,886$104,632$94,379$85,058$52,593
11 years$115,365$103,166$92,117$82,138$73,153$42,715
12 years$104,670$92,597$81,751$72,046$63,393$34,906
13 years$95,628$83,680$73,039$63,606$55,280$28,665
14 years$87,883$76,063$65,626$56,462$48,458$23,632
15 years$81,178$69,485$59,252$50,355$42,666$19,545
16 years$75,316$63,751$53,720$45,087$37,708$16,207
17 years$70,150$58,712$48,883$40,510$33,435$13,468
18 years$65,562$54,253$44,624$36,508$29,729$11,211
19 years$61,463$50,281$40,851$32,988$26,498$9,346
20 years$57,778$46,724$37,491$29,877$23,668$7,800
21 years$54,448$43,521$34,485$27,115$21,180$6,516
22 years$51,425$40,625$31,783$24,654$18,985$5,449
23 years$48,669$37,996$29,346$22,453$17,042$4,559
24 years$46,146$35,600$27,140$20,478$15,318$3,817
25 years$43,829$33,409$25,137$18,702$13,784$3,197
26 years$41,693$31,399$23,313$17,100$12,416$2,679
27 years$39,719$29,550$21,649$15,652$11,194$2,245
28 years$37,889$27,845$20,125$14,341$10,101$1,882
29 years$36,189$26,268$18,728$13,151$9,121$1,579
30 years$34,605$24,808$17,445$12,069$8,241$1,324
31 years$33,126$23,452$16,263$11,085$7,451$1,111
32 years$31,742$22,190$15,174$10,187$6,740$932
33 years$30,445$21,014$14,168$9,368$6,099$782
34 years$29,226$19,917$13,238$8,619$5,522$656
35 years$28,080$18,891$12,376$7,934$5,002$551
36 years$27,000$17,930$11,578$7,307$4,532$462
37 years$25,981$17,029$10,836$6,733$4,107$388
38 years$25,017$16,184$10,148$6,206$3,724$326
39 years$24,106$15,389$9,507$5,722$3,377$273
40 years$23,242$14,642$8,911$5,278$3,063$230
41 years$22,422$13,938$8,356$4,869$2,779$193
42 years$21,643$13,274$7,838$4,494$2,521$162
43 years$20,903$12,647$7,355$4,148$2,288$136
44 years$20,198$12,055$6,904$3,830$2,077$114
45 years$19,527$11,496$6,483$3,537$1,886$96
46 years$18,886$10,967$6,089$3,268$1,712$80
47 years$18,275$10,465$5,720$3,019$1,555$67
48 years$17,691$9,991$5,375$2,790$1,412$57
49 years$17,132$9,541$5,053$2,578$1,282$48
50 years$16,598$9,114$4,750$2,383$1,165$40

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 $2,189 every year, while hoping to spend $44,555 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: 23/49/28 Blend
49$17,000,000$17,000,000$17,000,000$17,000,000
50$18,736,258$17,835,258$17,571,758$19,001,180
51$20,599,950$18,661,779$18,113,006$20,057,841
52$22,652,246$19,527,307$18,670,892$21,184,432
53$24,912,335$20,433,705$19,245,927$22,389,663
54$27,401,364$21,382,928$19,838,637$23,680,051
55$30,142,636$22,377,024$20,449,564$25,062,712
56$33,161,827$23,418,140$21,079,266$26,545,420
57$36,487,231$24,508,527$21,728,319$28,136,669
58$40,150,028$25,650,545$22,397,318$29,845,747
59$44,184,575$26,846,665$23,086,872$31,682,810
60$48,628,732$28,099,482$23,797,612$33,658,969
61$53,524,219$29,411,713$24,530,188$35,786,384
62$58,917,009$30,786,207$25,285,270$38,078,365
63$64,857,763$32,225,950$26,063,546$40,549,488
64$71,402,308$33,734,075$26,865,727$43,215,718
65$78,612,161$35,313,862$27,692,547$46,094,547
66$86,555,115$36,968,754$28,544,760$49,205,143
67$95,305,871$38,702,358$29,423,145$52,568,522
68$104,946,752$40,518,456$30,328,502$56,207,723
69$115,568,473$42,421,013$31,261,659$60,148,019
70$127,271,000$44,414,185$32,223,467$64,417,128
71$140,164,492$46,502,330$33,214,804$69,045,466
72$154,370,345$48,690,018$34,236,574$74,066,413
73$170,022,329$50,982,039$35,289,709$79,516,605
74$187,267,862$53,383,414$36,375,169$85,436,267
75$206,269,392$55,899,409$37,493,945$91,869,566
76$227,205,934$58,535,545$38,647,057$98,865,009
77$250,274,762$61,297,608$39,835,555$106,475,874
78$275,693,264$64,191,668$41,060,523$114,760,695
79$303,701,005$67,224,087$42,323,078$123,783,785
80$334,561,976$70,401,536$43,624,370$133,615,817
81$368,567,095$73,731,010$44,965,584$144,334,467
82$406,036,951$77,219,841$46,347,943$156,025,112
83$447,324,826$80,875,719$47,772,705$168,781,615
84$492,820,035$84,706,706$49,241,168$182,707,169
85$542,951,601$88,721,257$50,754,669$197,915,248
86$598,192,299$92,928,234$52,314,585$214,530,636
87$659,063,127$97,336,931$53,922,338$232,690,573
88$726,138,219$101,957,093$55,579,389$252,546,013
89$800,050,266$106,798,940$57,287,247$274,263,005
90$881,496,489$111,873,184$59,047,466$298,024,225
91$971,245,222$117,191,060$60,861,646$324,030,652
92$1,070,143,162$122,764,349$62,731,439$352,503,424
93$1,179,123,366$128,605,404$64,658,544$383,685,876
94$1,299,214,057$134,727,177$66,644,713$417,845,785
95$1,431,548,332$141,143,250$68,691,752$455,277,850
96$1,577,374,858$147,867,865$70,801,522$496,306,419
97$1,738,069,661$154,915,958$72,975,940$541,288,489
98$1,915,149,114$162,303,188$75,216,982$590,617,024
99$2,110,284,257$170,045,977$77,526,684$644,724,594
100$2,325,316,567$178,161,545$79,907,144$704,087,401