Can I retire at age 50 with 17,100,000?

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 $17,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,324,708
2 years$699,060$686,041$673,423$661,189$649,323$610,464
3 years$461,411$448,335$435,749$423,630$411,957$374,328
4 years$342,609$329,574$317,114$305,202$293,811$257,700
5 years$271,347$258,390$246,093$234,424$223,351$188,855
6 years$223,855$210,995$198,880$187,471$176,730$143,883
7 years$189,945$177,193$165,270$154,130$143,729$112,530
8 years$164,524$151,887$140,162$129,296$119,237$89,669
9 years$144,762$132,245$120,722$110,132$100,415$72,449
10 years$128,962$116,568$105,248$94,934$85,558$59,157
11 years$116,044$103,773$92,659$82,621$73,583$48,703
12 years$105,286$93,141$82,232$72,470$63,765$40,358
13 years$96,190$84,173$73,469$63,980$55,605$33,619
14 years$88,400$76,511$66,012$56,794$48,743$28,124
15 years$81,655$69,894$59,600$50,651$42,917$23,609
16 years$75,759$64,126$54,036$45,352$37,930$19,876
17 years$70,563$59,058$49,171$40,749$33,631$16,773
18 years$65,948$54,572$44,887$36,723$29,904$14,182
19 years$61,824$50,577$41,092$33,182$26,654$12,012
20 years$58,117$46,998$37,712$30,053$23,808$10,187
21 years$54,768$43,777$34,688$27,275$21,305$8,650
22 years$51,727$40,864$31,970$24,799$19,097$7,352
23 years$48,955$38,220$29,519$22,585$17,143$6,254
24 years$46,417$35,809$27,300$20,599$15,408$5,324
25 years$44,086$33,605$25,285$18,812$13,865$4,535
26 years$41,938$31,584$23,451$17,201$12,489$3,865
27 years$39,953$29,724$21,776$15,744$11,260$3,295
28 years$38,112$28,009$20,244$14,425$10,160$2,810
29 years$36,402$26,423$18,838$13,228$9,174$2,398
30 years$34,808$24,954$17,547$12,140$8,290$2,046
31 years$33,320$23,589$16,359$11,150$7,495$1,746
32 years$31,928$22,320$15,263$10,247$6,779$1,491
33 years$30,624$21,138$14,251$9,423$6,135$1,273
34 years$29,398$20,034$13,315$8,670$5,555$1,087
35 years$28,245$19,002$12,449$7,981$5,031$929
36 years$27,159$18,035$11,646$7,350$4,559$793
37 years$26,133$17,130$10,900$6,772$4,132$678
38 years$25,164$16,279$10,208$6,242$3,746$579
39 years$24,247$15,480$9,563$5,756$3,397$495
40 years$23,378$14,728$8,964$5,309$3,081$423
41 years$22,554$14,020$8,405$4,898$2,795$361
42 years$21,771$13,352$7,884$4,520$2,536$309
43 years$21,026$12,722$7,398$4,173$2,302$264
44 years$20,317$12,126$6,945$3,853$2,089$225
45 years$19,642$11,564$6,521$3,558$1,897$193
46 years$18,998$11,031$6,125$3,287$1,722$165
47 years$18,383$10,527$5,754$3,037$1,564$141
48 years$17,795$10,049$5,407$2,806$1,420$120
49 years$17,233$9,597$5,082$2,593$1,290$103
50 years$16,696$9,167$4,778$2,397$1,172$88

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,100,000, adding $3,025 every year, while hoping to spend $24,448 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: 78/15/7 Blend
49$17,100,000$17,100,000$17,100,000$17,100,000
50$18,847,320$17,941,020$17,675,970$20,301,912
51$20,743,734$18,794,118$18,242,103$22,109,786
52$22,832,764$19,688,198$18,826,381$24,088,458
53$25,134,028$20,625,242$19,429,388$26,257,677
54$27,669,150$21,607,330$20,051,724$28,636,398
55$30,461,955$22,636,641$20,694,008$31,245,490
56$33,538,699$23,715,461$21,356,882$34,107,927
57$36,928,314$24,846,186$22,041,005$37,249,002
58$40,662,682$26,031,329$22,747,059$40,696,565
59$44,776,938$27,273,527$23,475,747$44,481,283
60$49,309,798$28,575,542$24,227,797$48,636,921
61$54,303,926$29,940,272$25,003,957$53,200,662
62$59,806,338$31,370,757$25,805,001$58,213,453
63$65,868,844$32,870,183$26,631,728$63,720,388
64$72,548,536$34,441,892$27,484,961$69,771,126
65$79,908,331$36,089,389$28,365,551$76,420,360
66$88,017,559$37,816,348$29,274,376$83,728,328
67$96,952,625$39,626,624$30,212,342$91,761,373
68$106,797,721$41,524,257$31,180,384$100,592,569
69$117,645,629$43,513,485$32,179,467$110,302,404
70$129,598,591$45,598,754$33,210,587$120,979,534
71$142,769,278$47,784,724$34,274,773$132,721,613
72$157,281,852$50,076,283$35,373,085$145,636,211
73$173,273,137$52,478,557$36,506,620$159,841,823
74$190,893,911$54,996,921$37,676,506$175,468,981
75$210,310,333$57,637,013$38,883,912$192,661,478
76$231,705,504$60,404,744$40,130,040$211,577,719
77$255,281,204$63,306,315$41,416,135$232,392,211
78$281,259,790$66,348,227$42,743,479$255,297,200
79$309,886,299$69,537,301$44,113,396$280,504,478
80$341,430,759$72,880,686$45,527,252$308,247,376
81$376,190,740$76,385,883$46,986,458$338,782,953
82$414,494,161$80,060,757$48,492,470$372,394,421
83$456,702,388$83,913,557$50,046,790$409,393,802
84$503,213,644$87,952,933$51,650,970$450,124,864
85$554,466,767$92,187,958$53,306,609$494,966,361
86$610,945,357$96,628,148$55,015,360$544,335,591
87$673,182,337$101,283,481$56,778,929$598,692,328
88$741,764,987$106,164,423$58,599,074$658,543,148
89$817,340,485$111,281,949$60,477,612$724,446,200
90$900,622,022$116,647,571$62,416,419$797,016,459
91$992,395,528$122,273,363$64,417,430$876,931,520
92$1,093,527,100$128,171,985$66,482,641$964,937,983
93$1,204,971,169$134,356,717$68,614,114$1,061,858,476
94$1,327,779,518$140,841,487$70,813,978$1,168,599,418
95$1,463,111,210$147,640,901$73,084,427$1,286,159,548
96$1,612,243,528$154,770,279$75,427,729$1,415,639,343
97$1,776,584,033$162,245,688$77,846,224$1,558,251,385
98$1,957,683,858$170,083,980$80,342,325$1,715,331,790
99$2,157,252,344$178,302,828$82,918,526$1,888,352,804
100$2,377,173,185$186,920,768$85,577,399$2,078,936,675