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

Use the below retirement simulation to view the chances of a successful retirement.
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%18.7%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,331,109
2 years$707,237$694,065$681,300$668,923$656,917$608,646
3 years$466,808$453,579$440,846$428,585$416,775$370,167
4 years$346,617$333,429$320,823$308,772$297,248$252,658
5 years$274,521$261,412$248,972$237,166$225,963$183,510
6 years$226,473$213,463$201,206$189,664$178,797$138,512
7 years$192,166$179,266$167,203$155,933$145,410$107,286
8 years$166,448$153,664$141,802$130,808$120,631$84,637
9 years$146,455$133,792$122,134$111,420$101,589$67,678
10 years$130,471$117,931$106,479$96,045$86,559$54,674
11 years$117,401$104,987$93,742$83,588$74,444$44,520
12 years$106,517$94,231$83,194$73,318$64,511$36,479
13 years$97,315$85,157$74,328$64,729$56,255$30,038
14 years$89,434$77,405$66,784$57,459$49,313$24,834
15 years$82,611$70,711$60,297$51,243$43,419$20,598
16 years$76,646$64,876$54,668$45,883$38,374$17,130
17 years$71,388$59,749$49,746$41,225$34,025$14,276
18 years$66,719$55,210$45,412$37,152$30,253$11,919
19 years$62,547$51,168$41,572$33,570$26,965$9,966
20 years$58,797$47,548$38,153$30,404$24,086$8,344
21 years$55,409$44,289$35,093$27,594$21,554$6,992
22 years$52,332$41,342$32,344$25,089$19,320$5,865
23 years$49,527$38,667$29,864$22,849$17,343$4,923
24 years$46,960$36,228$27,619$20,840$15,588$4,134
25 years$44,602$33,998$25,581$19,032$14,027$3,474
26 years$42,429$31,953$23,725$17,402$12,635$2,920
27 years$40,420$30,071$22,031$15,928$11,392$2,456
28 years$38,558$28,336$20,480$14,594$10,279$2,065
29 years$36,827$26,732$19,059$13,383$9,282$1,738
30 years$35,215$25,246$17,752$12,282$8,386$1,462
31 years$33,710$23,865$16,550$11,280$7,582$1,231
32 years$32,302$22,581$15,442$10,367$6,859$1,036
33 years$30,982$21,385$14,418$9,533$6,207$872
34 years$29,742$20,268$13,471$8,771$5,620$735
35 years$28,576$19,224$12,595$8,074$5,090$619
36 years$27,476$18,246$11,782$7,436$4,612$521
37 years$26,439$17,330$11,028$6,852$4,180$439
38 years$25,459$16,470$10,327$6,315$3,789$369
39 years$24,531$15,661$9,675$5,823$3,436$311
40 years$23,652$14,900$9,069$5,371$3,117$262
41 years$22,818$14,184$8,503$4,955$2,828$221
42 years$22,025$13,508$7,977$4,573$2,566$186
43 years$21,272$12,870$7,485$4,222$2,329$157
44 years$20,555$12,268$7,026$3,898$2,114$132
45 years$19,872$11,699$6,597$3,600$1,919$111
46 years$19,220$11,160$6,196$3,325$1,742$94
47 years$18,598$10,650$5,821$3,072$1,582$79
48 years$18,003$10,167$5,470$2,839$1,437$66
49 years$17,435$9,709$5,142$2,624$1,305$56
50 years$16,891$9,274$4,834$2,425$1,185$47

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 $5,989 every year, while hoping to spend $23,564 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: 77/17/6 Blend
49$17,300,000$17,300,000$17,300,000$17,300,000
50$19,070,778$18,153,878$17,885,728$20,528,244
51$20,990,925$19,018,346$18,459,828$22,350,103
52$23,106,138$19,924,383$19,052,370$24,343,333
53$25,436,287$20,874,001$19,663,948$26,527,900
54$28,003,272$21,869,311$20,295,174$28,922,800
55$30,831,223$22,912,524$20,946,679$31,548,942
56$33,946,730$24,005,960$21,619,115$34,429,344
57$37,379,096$25,152,052$22,313,156$37,589,347
58$41,160,613$26,353,352$23,029,495$41,056,848
59$45,326,864$27,612,534$23,768,851$44,862,562
60$49,917,059$28,932,403$24,531,963$49,040,310
61$54,974,411$30,315,903$25,319,596$53,627,328
62$60,546,535$31,766,117$26,132,537$58,664,622
63$66,685,906$33,286,280$26,971,600$64,197,343
64$73,450,346$34,879,786$27,837,627$70,275,215
65$80,903,577$36,550,191$28,731,483$76,952,996
66$89,115,819$38,301,227$29,654,065$84,290,992
67$98,164,451$40,136,806$30,606,295$92,355,617
68$108,134,747$42,061,032$31,589,128$101,220,020
69$119,120,675$44,078,206$32,603,548$110,964,765
70$131,225,788$46,192,842$33,650,570$121,678,589
71$144,564,198$48,409,671$34,731,244$133,459,230
72$159,261,658$50,733,657$35,846,652$146,414,345
73$175,456,744$53,170,003$36,997,912$160,662,521
74$193,302,166$55,724,167$38,186,176$176,334,383
75$212,966,209$58,401,874$39,412,636$193,573,822
76$234,634,323$61,209,126$40,678,519$212,539,345
77$258,510,869$64,152,218$41,985,094$233,405,564
78$284,821,054$67,237,753$43,333,671$256,364,835
79$313,813,053$70,472,654$44,725,601$281,629,061
80$345,760,354$73,864,184$46,162,278$309,431,691
81$380,964,338$77,419,957$47,645,143$340,029,906
82$419,757,126$81,147,961$49,175,681$373,707,040
83$462,504,713$85,056,571$50,755,426$410,775,243
84$509,610,423$89,154,572$52,385,962$451,578,418
85$561,518,718$93,451,178$54,068,924$496,495,452
86$618,719,392$97,956,050$55,805,997$545,943,783
87$681,752,197$102,679,323$57,598,924$600,383,328
88$751,211,935$107,631,624$59,449,503$660,320,807
89$827,754,078$112,824,100$61,359,587$726,314,517
90$912,100,954$118,268,440$63,331,093$798,979,585
91$1,005,048,564$123,976,906$65,365,997$878,993,760
92$1,107,474,099$129,962,357$67,466,340$967,103,794
93$1,220,344,222$136,238,277$69,634,227$1,064,132,475
94$1,344,724,193$142,818,813$71,871,833$1,170,986,374
95$1,481,787,923$149,718,797$74,181,403$1,288,664,388
96$1,632,829,063$156,953,790$76,565,251$1,418,267,150
97$1,799,273,210$164,540,108$79,025,770$1,561,007,395
98$1,982,691,371$172,494,867$81,565,427$1,718,221,390
99$2,184,814,791$180,836,016$84,186,769$1,891,381,526
100$2,407,551,301$189,582,383$86,892,427$2,082,110,193