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%14%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,356,672
2 years$707,237$694,065$681,300$668,923$656,917$633,959
3 years$466,808$453,579$440,846$428,585$416,775$394,427
4 years$346,617$333,429$320,823$308,772$297,248$275,682
5 years$274,521$261,412$248,972$237,166$225,963$205,242
6 years$226,473$213,463$201,206$189,664$178,797$158,944
7 years$192,166$179,266$167,203$155,933$145,410$126,432
8 years$166,448$153,664$141,802$130,808$120,631$102,524
9 years$146,455$133,792$122,134$111,420$101,589$84,342
10 years$130,471$117,931$106,479$96,045$86,559$70,158
11 years$117,401$104,987$93,742$83,588$74,444$58,872
12 years$106,517$94,231$83,194$73,318$64,511$49,748
13 years$97,315$85,157$74,328$64,729$56,255$42,279
14 years$89,434$77,405$66,784$57,459$49,313$36,100
15 years$82,611$70,711$60,297$51,243$43,419$30,944
16 years$76,646$64,876$54,668$45,883$38,374$26,612
17 years$71,388$59,749$49,746$41,225$34,025$22,949
18 years$66,719$55,210$45,412$37,152$30,253$19,836
19 years$62,547$51,168$41,572$33,570$26,965$17,180
20 years$58,797$47,548$38,153$30,404$24,086$14,904
21 years$55,409$44,289$35,093$27,594$21,554$12,949
22 years$52,332$41,342$32,344$25,089$19,320$11,265
23 years$49,527$38,667$29,864$22,849$17,343$9,810
24 years$46,960$36,228$27,619$20,840$15,588$8,551
25 years$44,602$33,998$25,581$19,032$14,027$7,460
26 years$42,429$31,953$23,725$17,402$12,635$6,512
27 years$40,420$30,071$22,031$15,928$11,392$5,688
28 years$38,558$28,336$20,480$14,594$10,279$4,972
29 years$36,827$26,732$19,059$13,383$9,282$4,347
30 years$35,215$25,246$17,752$12,282$8,386$3,802
31 years$33,710$23,865$16,550$11,280$7,582$3,327
32 years$32,302$22,581$15,442$10,367$6,859$2,912
33 years$30,982$21,385$14,418$9,533$6,207$2,550
34 years$29,742$20,268$13,471$8,771$5,620$2,233
35 years$28,576$19,224$12,595$8,074$5,090$1,956
36 years$27,476$18,246$11,782$7,436$4,612$1,714
37 years$26,439$17,330$11,028$6,852$4,180$1,502
38 years$25,459$16,470$10,327$6,315$3,789$1,316
39 years$24,531$15,661$9,675$5,823$3,436$1,153
40 years$23,652$14,900$9,069$5,371$3,117$1,011
41 years$22,818$14,184$8,503$4,955$2,828$886
42 years$22,025$13,508$7,977$4,573$2,566$777
43 years$21,272$12,870$7,485$4,222$2,329$681
44 years$20,555$12,268$7,026$3,898$2,114$597
45 years$19,872$11,699$6,597$3,600$1,919$524
46 years$19,220$11,160$6,196$3,325$1,742$459
47 years$18,598$10,650$5,821$3,072$1,582$403
48 years$18,003$10,167$5,470$2,839$1,437$353
49 years$17,435$9,709$5,142$2,624$1,305$310
50 years$16,891$9,274$4,834$2,425$1,185$272

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 $4,451 every year, while hoping to spend $34,430 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: 32/39/29 Blend
49$17,300,000$17,300,000$17,300,000$17,300,000
50$19,069,191$18,152,291$17,884,141$19,510,707
51$20,977,615$19,005,120$18,446,627$20,703,713
52$23,079,545$19,898,584$19,026,801$21,984,421
53$25,394,681$20,834,637$19,625,222$23,363,208
54$27,944,733$21,815,329$20,242,461$24,848,741
55$30,753,624$22,842,808$20,879,112$26,450,512
56$33,847,716$23,919,328$21,535,784$28,178,922
57$37,256,057$25,047,249$22,213,107$30,045,370
58$41,010,660$26,229,049$22,911,731$32,062,352
59$45,146,798$27,467,323$23,632,325$34,243,571
60$49,703,343$28,764,794$24,375,579$36,604,055
61$54,723,130$30,124,315$25,142,207$39,160,290
62$60,253,362$31,548,879$25,932,944$41,930,367
63$66,346,054$33,041,624$26,748,547$44,934,139
64$73,058,527$34,605,839$27,589,799$48,193,400
65$80,453,946$36,244,973$28,457,506$51,732,078
66$88,601,915$37,962,644$29,352,499$55,576,446
67$97,579,140$39,762,643$30,275,638$59,755,364
68$107,470,146$41,648,947$31,227,806$64,300,530
69$118,368,081$43,625,724$32,209,916$69,246,770
70$130,375,587$45,697,347$33,222,911$74,632,352
71$143,605,779$47,868,399$34,267,761$80,499,332
72$158,183,305$50,143,687$35,345,467$86,893,930
73$174,245,526$52,528,251$36,457,064$93,866,959
74$191,943,810$55,027,376$37,603,616$101,474,278
75$211,444,964$57,646,603$38,786,222$109,777,306
76$232,932,806$60,391,742$40,006,017$118,843,583
77$256,609,903$63,268,888$41,264,169$128,747,385
78$282,699,479$66,284,430$42,561,885$139,570,405
79$311,447,526$69,445,067$43,900,408$151,402,503
80$343,125,124$72,757,825$45,281,021$164,342,534
81$378,031,000$76,230,072$46,705,049$178,499,250
82$416,494,349$79,869,533$48,173,856$193,992,309
83$458,877,943$83,684,310$49,688,850$210,953,374
84$505,581,549$87,682,898$51,251,482$229,527,332
85$557,045,712$91,874,205$52,863,252$249,873,629
86$613,755,908$96,267,574$54,525,704$272,167,749
87$676,247,126$100,872,801$56,240,431$296,602,836
88$745,108,925$105,700,160$58,009,077$323,391,488
89$820,990,991$110,760,424$59,833,338$352,767,726
90$904,609,279$116,064,891$61,714,961$384,989,171
91$996,752,764$121,625,409$63,655,751$420,339,434
92$1,098,290,895$127,454,403$65,657,567$459,130,760
93$1,210,181,799$133,564,902$67,722,328$501,706,928
94$1,333,481,330$139,970,570$69,852,014$548,446,457
95$1,469,353,035$146,685,737$72,048,666$599,766,135
96$1,619,079,137$153,725,430$74,314,388$656,124,906
97$1,784,072,642$161,105,409$76,651,354$718,028,148
98$1,965,890,679$168,842,202$79,061,801$786,032,403
99$2,166,249,198$176,953,140$81,548,042$860,750,565
100$2,387,039,173$185,456,400$84,112,458$942,857,619