Can I retire at age 50 with 17,200,000?

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 $17,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$1,420,360$1,407,708$1,395,364$1,383,316$1,371,552$1,362,908
2 years$703,148$690,053$677,361$665,056$653,120$644,401
3 years$464,109$450,957$438,298$426,108$414,366$405,842
4 years$344,613$331,501$318,968$306,987$295,529$287,265
5 years$272,934$259,901$247,533$235,795$224,657$216,678
6 years$225,164$212,229$200,043$188,567$177,763$170,079
7 years$191,055$178,229$166,237$155,032$144,569$137,184
8 years$165,486$152,776$140,982$130,052$119,934$112,847
9 years$145,609$133,019$121,428$110,776$101,002$94,212
10 years$129,717$117,249$105,863$95,490$86,059$79,563
11 years$116,722$104,380$93,200$83,105$74,013$67,807
12 years$105,901$93,686$82,713$72,894$64,138$58,216
13 years$96,753$84,665$73,899$64,354$55,930$50,285
14 years$88,917$76,958$66,398$57,127$49,028$43,654
15 years$82,133$70,302$59,949$50,947$43,168$38,058
16 years$76,202$64,501$54,352$45,617$38,152$33,299
17 years$70,975$59,403$49,458$40,987$33,828$29,224
18 years$66,334$54,891$45,149$36,937$30,078$25,716
19 years$62,186$50,873$41,332$33,376$26,810$22,680
20 years$58,457$47,273$37,932$30,229$23,947$20,041
21 years$55,088$44,033$34,890$27,434$21,430$17,740
22 years$52,030$41,103$32,157$24,944$19,209$15,727
23 years$49,241$38,443$29,691$22,717$17,243$13,960
24 years$46,689$36,019$27,459$20,719$15,498$12,407
25 years$44,344$33,802$25,433$18,922$13,946$11,037
26 years$42,184$31,768$23,588$17,301$12,562$9,827
27 years$40,186$29,898$21,903$15,836$11,326$8,757
28 years$38,335$28,172$20,362$14,509$10,219$7,809
29 years$36,615$26,577$18,949$13,305$9,228$6,968
30 years$35,012$25,100$17,650$12,211$8,338$6,220
31 years$33,515$23,727$16,454$11,215$7,538$5,556
32 years$32,115$22,451$15,352$10,307$6,819$4,965
33 years$30,803$21,261$14,334$9,478$6,171$4,438
34 years$29,570$20,151$13,393$8,721$5,587$3,969
35 years$28,410$19,113$12,522$8,028$5,061$3,550
36 years$27,318$18,141$11,714$7,393$4,585$3,177
37 years$26,286$17,230$10,964$6,812$4,156$2,843
38 years$25,312$16,374$10,267$6,279$3,768$2,545
39 years$24,389$15,570$9,619$5,789$3,417$2,279
40 years$23,515$14,814$9,016$5,340$3,099$2,041
41 years$22,686$14,102$8,454$4,927$2,811$1,828
42 years$21,898$13,430$7,930$4,547$2,551$1,637
43 years$21,149$12,796$7,442$4,197$2,315$1,467
44 years$20,436$12,197$6,985$3,875$2,102$1,314
45 years$19,757$11,631$6,559$3,579$1,908$1,178
46 years$19,109$11,096$6,160$3,306$1,732$1,055
47 years$18,490$10,589$5,788$3,054$1,573$946
48 years$17,899$10,108$5,439$2,822$1,428$848
49 years$17,334$9,653$5,112$2,608$1,297$760
50 years$16,793$9,221$4,806$2,411$1,178$681

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,200,000, adding $6,034 every year, while hoping to spend $25,987 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: 53/32/15 Blend
49$17,200,000$17,200,000$17,200,000$17,200,000
50$18,960,624$18,049,024$17,782,424$19,889,093
51$20,866,958$18,905,776$18,350,485$21,380,698
52$22,966,867$19,803,638$18,936,706$22,999,509
53$25,280,068$20,744,597$19,541,666$24,760,269
54$27,828,288$21,730,737$20,165,966$26,676,461
55$30,635,472$22,764,241$20,810,224$28,762,899
56$33,728,002$23,847,400$21,475,078$31,035,860
57$37,134,953$24,982,618$22,161,188$33,513,234
58$40,888,364$26,172,412$22,869,234$36,214,685
59$45,023,541$27,419,424$23,599,917$39,161,828
60$49,579,390$28,726,423$24,353,961$42,378,430
61$54,598,783$30,096,314$25,132,115$45,890,621
62$60,128,968$31,532,142$25,935,149$49,727,139
63$66,222,006$33,037,100$26,763,860$53,919,585
64$72,935,270$34,614,538$27,619,069$58,502,722
65$80,331,984$36,267,966$28,501,624$63,514,785
66$88,481,818$38,001,068$29,412,400$68,997,838
67$97,461,548$39,817,705$30,352,300$74,998,159
68$107,355,780$41,721,927$31,322,256$81,566,668
69$118,257,748$43,717,979$32,323,230$88,759,393
70$130,270,194$45,810,317$33,356,215$96,637,990
71$143,506,340$48,003,609$34,422,234$105,270,315
72$158,090,954$50,302,752$35,522,346$114,731,047
73$174,161,527$52,712,883$36,657,641$125,102,383
74$191,869,576$55,239,387$37,829,245$136,474,799
75$211,382,068$57,887,913$39,038,320$148,947,892
76$232,883,001$60,664,383$40,286,066$162,631,302
77$256,575,138$63,575,008$41,573,720$177,645,730
78$282,681,922$66,626,304$42,902,560$194,124,067
79$311,449,586$69,825,101$44,273,903$212,212,624
80$343,149,476$73,178,563$45,689,111$232,072,499
81$378,080,614$76,694,204$47,149,588$253,881,081
82$416,572,520$80,379,903$48,656,782$277,833,696
83$458,988,322$84,243,923$50,212,189$304,145,441
84$505,728,186$88,294,931$51,817,353$333,053,185
85$557,233,092$92,542,014$53,473,866$364,817,783
86$613,988,999$96,994,704$55,183,371$399,726,520
87$676,531,430$101,662,997$56,947,567$438,095,792
88$745,450,528$106,557,376$58,768,203$480,274,068
89$821,396,630$111,688,836$60,647,086$526,645,156
90$905,086,405$117,068,907$62,586,081$577,631,793
91$997,309,616$122,709,682$64,587,114$633,699,606
92$1,098,936,585$128,623,844$66,652,169$695,361,479
93$1,210,926,397$134,824,693$68,783,298$763,182,360
94$1,334,335,966$141,326,180$70,982,615$837,784,561
95$1,470,330,007$148,142,934$73,252,305$919,853,594
96$1,620,192,030$155,290,300$75,594,619$1,010,144,607
97$1,785,336,463$162,784,371$78,011,885$1,109,489,474
98$1,967,322,001$170,642,024$80,506,502$1,218,804,603
99$2,167,866,322$178,880,960$83,080,947$1,339,099,549
100$2,388,862,304$187,519,744$85,737,776$1,471,486,493