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%19.9%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,324,792
2 years$707,237$694,065$681,300$668,923$656,917$602,452
3 years$466,808$453,579$440,846$428,585$416,775$364,294
4 years$346,617$333,429$320,823$308,772$297,248$247,150
5 years$274,521$261,412$248,972$237,166$225,963$178,376
6 years$226,473$213,463$201,206$189,664$178,797$133,750
7 years$192,166$179,266$167,203$155,933$145,410$102,888
8 years$166,448$153,664$141,802$130,808$120,631$80,591
9 years$146,455$133,792$122,134$111,420$101,589$63,970
10 years$130,471$117,931$106,479$96,045$86,559$51,287
11 years$117,401$104,987$93,742$83,588$74,444$41,437
12 years$106,517$94,231$83,194$73,318$64,511$33,681
13 years$97,315$85,157$74,328$64,729$56,255$27,508
14 years$89,434$77,405$66,784$57,459$49,313$22,552
15 years$82,611$70,711$60,297$51,243$43,419$18,545
16 years$76,646$64,876$54,668$45,883$38,374$15,289
17 years$71,388$59,749$49,746$41,225$34,025$12,630
18 years$66,719$55,210$45,412$37,152$30,253$10,451
19 years$62,547$51,168$41,572$33,570$26,965$8,659
20 years$58,797$47,548$38,153$30,404$24,086$7,183
21 years$55,409$44,289$35,093$27,594$21,554$5,964
22 years$52,332$41,342$32,344$25,089$19,320$4,955
23 years$49,527$38,667$29,864$22,849$17,343$4,120
24 years$46,960$36,228$27,619$20,840$15,588$3,427
25 years$44,602$33,998$25,581$19,032$14,027$2,852
26 years$42,429$31,953$23,725$17,402$12,635$2,375
27 years$40,420$30,071$22,031$15,928$11,392$1,978
28 years$38,558$28,336$20,480$14,594$10,279$1,647
29 years$36,827$26,732$19,059$13,383$9,282$1,372
30 years$35,215$25,246$17,752$12,282$8,386$1,144
31 years$33,710$23,865$16,550$11,280$7,582$953
32 years$32,302$22,581$15,442$10,367$6,859$794
33 years$30,982$21,385$14,418$9,533$6,207$662
34 years$29,742$20,268$13,471$8,771$5,620$552
35 years$28,576$19,224$12,595$8,074$5,090$460
36 years$27,476$18,246$11,782$7,436$4,612$384
37 years$26,439$17,330$11,028$6,852$4,180$320
38 years$25,459$16,470$10,327$6,315$3,789$267
39 years$24,531$15,661$9,675$5,823$3,436$223
40 years$23,652$14,900$9,069$5,371$3,117$186
41 years$22,818$14,184$8,503$4,955$2,828$155
42 years$22,025$13,508$7,977$4,573$2,566$129
43 years$21,272$12,870$7,485$4,222$2,329$108
44 years$20,555$12,268$7,026$3,898$2,114$90
45 years$19,872$11,699$6,597$3,600$1,919$75
46 years$19,220$11,160$6,196$3,325$1,742$62
47 years$18,598$10,650$5,821$3,072$1,582$52
48 years$18,003$10,167$5,470$2,839$1,437$43
49 years$17,435$9,709$5,142$2,624$1,305$36
50 years$16,891$9,274$4,834$2,425$1,185$30

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 $5,901 every year, while hoping to spend $44,343 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: 74/12/14 Blend
49$17,300,000$17,300,000$17,300,000$17,300,000
50$19,070,687$18,153,787$17,885,637$20,424,311
51$20,968,716$18,996,142$18,437,625$22,162,603
52$23,058,859$19,878,286$19,006,619$24,060,572
53$25,360,662$20,802,122$19,593,141$26,138,935
54$27,895,669$21,769,645$20,197,730$28,415,588
55$30,687,615$22,782,945$20,820,942$30,910,232
56$33,762,657$23,844,215$21,463,348$33,644,554
57$37,149,618$24,955,752$22,125,540$36,642,435
58$40,880,258$26,119,963$22,808,126$39,930,166
59$44,989,578$27,339,374$23,511,731$43,536,697
60$49,516,143$28,616,632$24,237,002$47,493,905
61$54,502,454$29,954,511$24,984,606$51,836,893
62$59,995,341$31,355,919$25,755,227$56,604,318
63$66,046,413$32,823,906$26,549,574$61,838,750
64$72,712,537$34,361,668$27,368,375$67,587,073
65$80,056,382$35,972,556$28,212,382$73,900,921
66$88,147,005$37,660,083$29,082,369$80,837,164
67$97,060,505$39,427,932$29,979,134$88,458,438
68$106,880,741$41,279,965$30,903,499$96,833,734
69$117,700,123$43,220,230$31,856,312$106,039,044
70$129,620,484$45,252,970$32,838,448$116,158,070
71$142,754,044$47,382,636$33,850,806$127,283,016
72$157,224,463$49,613,891$34,894,315$139,515,447
73$173,168,014$51,951,628$35,969,930$152,967,244
74$190,734,867$54,400,973$37,078,638$167,761,657
75$210,090,506$56,967,304$38,221,455$184,034,459
76$231,417,292$59,656,256$39,399,428$201,935,221
77$254,916,183$62,473,739$40,613,636$221,628,723
78$280,808,632$65,425,951$41,865,191$243,296,496
79$309,338,677$68,519,388$43,155,240$267,138,532
80$340,775,245$71,760,861$44,484,964$293,375,163
81$375,414,690$75,157,513$45,855,580$322,249,137
82$413,583,590$78,716,832$47,268,344$354,027,896
83$455,641,831$82,446,672$48,724,548$389,006,095
84$501,986,003$86,355,264$50,225,525$427,508,375
85$553,053,144$90,451,241$51,772,649$469,892,419
86$609,324,868$94,743,655$53,367,336$516,552,315
87$671,331,907$99,241,997$55,011,045$567,922,274
88$739,659,125$103,956,218$56,705,278$624,480,709
89$814,951,038$108,896,754$58,451,586$686,754,749
90$897,917,896$114,074,547$60,251,567$755,325,197
91$989,342,391$119,501,070$62,106,865$830,832,008
92$1,090,087,047$125,188,355$64,019,176$913,980,309
93$1,201,102,357$131,149,015$65,990,250$1,005,547,053
94$1,323,435,762$137,396,281$68,021,887$1,106,388,332
95$1,458,241,534$143,944,023$70,115,945$1,217,447,447
96$1,606,791,677$150,806,787$72,274,336$1,339,763,801
97$1,770,487,934$157,999,826$74,499,033$1,474,482,692
98$1,950,875,021$165,539,135$76,792,067$1,622,866,113
99$2,149,655,205$173,441,485$79,155,534$1,786,304,645
100$2,368,704,383$181,724,464$81,591,591$1,966,330,570