Can I retire at age 50 with 17,300,000?

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 $17,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,332,170
2 years$707,237$694,065$681,300$668,923$656,917$609,689
3 years$466,808$453,579$440,846$428,585$416,775$371,158
4 years$346,617$333,429$320,823$308,772$297,248$253,591
5 years$274,521$261,412$248,972$237,166$225,963$184,381
6 years$226,473$213,463$201,206$189,664$178,797$139,323
7 years$192,166$179,266$167,203$155,933$145,410$108,037
8 years$166,448$153,664$141,802$130,808$120,631$85,331
9 years$146,455$133,792$122,134$111,420$101,589$68,316
10 years$130,471$117,931$106,479$96,045$86,559$55,260
11 years$117,401$104,987$93,742$83,588$74,444$45,055
12 years$106,517$94,231$83,194$73,318$64,511$36,966
13 years$97,315$85,157$74,328$64,729$56,255$30,481
14 years$89,434$77,405$66,784$57,459$49,313$25,235
15 years$82,611$70,711$60,297$51,243$43,419$20,961
16 years$76,646$64,876$54,668$45,883$38,374$17,457
17 years$71,388$59,749$49,746$41,225$34,025$14,570
18 years$66,719$55,210$45,412$37,152$30,253$12,183
19 years$62,547$51,168$41,572$33,570$26,965$10,202
20 years$58,797$47,548$38,153$30,404$24,086$8,554
21 years$55,409$44,289$35,093$27,594$21,554$7,180
22 years$52,332$41,342$32,344$25,089$19,320$6,032
23 years$49,527$38,667$29,864$22,849$17,343$5,071
24 years$46,960$36,228$27,619$20,840$15,588$4,265
25 years$44,602$33,998$25,581$19,032$14,027$3,590
26 years$42,429$31,953$23,725$17,402$12,635$3,022
27 years$40,420$30,071$22,031$15,928$11,392$2,546
28 years$38,558$28,336$20,480$14,594$10,279$2,145
29 years$36,827$26,732$19,059$13,383$9,282$1,807
30 years$35,215$25,246$17,752$12,282$8,386$1,524
31 years$33,710$23,865$16,550$11,280$7,582$1,284
32 years$32,302$22,581$15,442$10,367$6,859$1,083
33 years$30,982$21,385$14,418$9,533$6,207$913
34 years$29,742$20,268$13,471$8,771$5,620$770
35 years$28,576$19,224$12,595$8,074$5,090$650
36 years$27,476$18,246$11,782$7,436$4,612$548
37 years$26,439$17,330$11,028$6,852$4,180$462
38 years$25,459$16,470$10,327$6,315$3,789$390
39 years$24,531$15,661$9,675$5,823$3,436$329
40 years$23,652$14,900$9,069$5,371$3,117$278
41 years$22,818$14,184$8,503$4,955$2,828$234
42 years$22,025$13,508$7,977$4,573$2,566$198
43 years$21,272$12,870$7,485$4,222$2,329$167
44 years$20,555$12,268$7,026$3,898$2,114$141
45 years$19,872$11,699$6,597$3,600$1,919$119
46 years$19,220$11,160$6,196$3,325$1,742$100
47 years$18,598$10,650$5,821$3,072$1,582$85
48 years$18,003$10,167$5,470$2,839$1,437$71
49 years$17,435$9,709$5,142$2,624$1,305$60
50 years$16,891$9,274$4,834$2,425$1,185$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,300,000, adding $2,341 every year, while hoping to spend $42,967 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: 39/44/17 Blend
49$17,300,000$17,300,000$17,300,000$17,300,000
50$19,067,015$18,150,115$17,881,965$19,713,598
51$20,966,134$18,993,754$18,435,294$21,019,636
52$23,057,523$19,877,291$19,005,720$22,426,596
53$25,360,748$20,802,636$19,593,769$23,946,995
54$27,897,370$21,771,791$20,199,986$25,591,120
55$30,691,147$22,786,854$20,824,931$27,370,247
56$33,768,259$23,850,025$21,469,181$29,296,746
57$37,157,555$24,963,610$22,133,332$31,384,185
58$40,890,824$26,130,025$22,817,997$33,647,448
59$45,003,097$27,351,806$23,523,810$36,102,874
60$49,532,977$28,631,608$24,251,421$38,768,393
61$54,523,001$29,972,217$25,001,504$41,663,690
62$60,020,044$31,376,552$25,774,751$44,810,381
63$66,075,759$32,847,674$26,571,876$48,232,204
64$72,747,068$34,388,792$27,393,615$51,955,233
65$80,096,695$36,003,269$28,240,728$56,008,112
66$88,193,761$37,694,632$29,113,995$60,422,312
67$97,114,435$39,466,579$30,014,224$65,232,419
68$106,942,652$41,322,987$30,942,246$70,476,441
69$117,770,908$43,267,918$31,898,916$76,196,157
70$129,701,129$45,305,634$32,885,118$82,437,495
71$142,845,636$47,440,603$33,901,762$89,250,950
72$157,328,205$49,677,507$34,949,785$96,692,047
73$173,285,235$52,021,257$36,030,156$104,821,841
74$190,867,032$54,477,002$37,143,869$113,707,484
75$210,239,234$57,050,140$38,291,953$123,422,836
76$231,584,369$59,746,330$39,475,467$134,049,143
77$255,103,581$62,571,506$40,695,501$145,675,781
78$281,018,527$65,531,891$41,953,181$158,401,086
79$309,573,471$68,634,007$43,249,667$172,333,252
80$341,037,587$71,884,696$44,586,153$187,591,331
81$375,707,502$75,291,128$45,963,871$204,306,336
82$413,910,098$78,860,824$47,384,091$222,622,447
83$456,005,593$82,601,668$48,848,122$242,698,348
84$502,390,942$86,521,929$50,357,314$264,708,697
85$553,503,590$90,630,275$51,913,056$288,845,744
86$609,825,594$94,935,797$53,516,781$315,321,115
87$671,888,179$99,448,025$55,169,967$344,367,779
88$740,276,749$104,176,954$56,874,137$376,242,213
89$815,636,417$109,133,064$58,630,860$411,226,784
90$898,678,091$114,327,344$60,441,753$449,632,385
91$990,185,189$119,771,316$62,308,484$491,801,324
92$1,091,021,031$125,477,064$64,232,772$538,110,519
93$1,202,136,994$131,457,257$66,216,387$588,975,011
94$1,324,581,487$137,725,183$68,261,156$644,851,840
95$1,459,509,853$144,294,772$70,368,959$706,244,309
96$1,608,195,277$151,180,634$72,541,737$773,706,693
97$1,772,040,799$158,398,088$74,781,489$847,849,413
98$1,952,592,567$165,963,201$77,090,276$929,344,750
99$2,151,554,428$173,892,818$79,470,220$1,018,933,131
100$2,370,804,019$182,204,605$81,923,511$1,117,430,067