Can I retire at age 50 with 17,400,000?

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 $17,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,344,701
2 years$711,325$698,077$685,238$672,789$660,714$617,969
3 years$469,506$456,201$443,394$431,063$419,184$377,834
4 years$348,620$335,356$322,677$310,556$298,966$259,327
5 years$276,108$262,923$250,411$238,537$227,269$189,448
6 years$227,782$214,697$202,369$190,760$179,830$143,861
7 years$193,277$180,302$168,170$156,834$146,250$112,130
8 years$167,410$154,552$142,621$131,564$121,329$89,035
9 years$147,302$134,565$122,840$112,064$102,176$71,675
10 years$131,225$118,613$107,094$96,600$87,059$58,305
11 years$118,079$105,594$94,284$84,071$74,874$47,816
12 years$107,133$94,775$83,675$73,741$64,884$39,467
13 years$97,878$85,649$74,758$65,103$56,580$32,743
14 years$89,951$77,853$67,170$57,791$49,598$27,278
15 years$83,088$71,120$60,646$51,539$43,670$22,802
16 years$77,089$65,251$54,984$46,148$38,596$19,114
17 years$71,800$60,094$50,034$41,463$34,221$16,059
18 years$67,105$55,529$45,674$37,367$30,428$13,519
19 years$62,909$51,464$41,813$33,764$27,121$11,398
20 years$59,137$47,823$38,373$30,580$24,225$9,623
21 years$55,729$44,545$35,296$27,753$21,679$8,133
22 years$52,635$41,581$32,531$25,234$19,432$6,881
23 years$49,814$38,890$30,036$22,981$17,443$5,825
24 years$47,232$36,438$27,779$20,960$15,678$4,935
25 years$44,860$34,195$25,729$19,142$14,108$4,184
26 years$42,674$32,138$23,862$17,502$12,708$3,548
27 years$40,654$30,245$22,158$16,020$11,457$3,010
28 years$38,781$28,500$20,599$14,678$10,338$2,555
29 years$37,040$26,886$19,169$13,460$9,335$2,169
30 years$35,419$25,391$17,855$12,353$8,435$1,842
31 years$33,905$24,003$16,646$11,345$7,626$1,564
32 years$32,489$22,712$15,531$10,427$6,898$1,329
33 years$31,161$21,509$14,501$9,588$6,243$1,129
34 years$29,914$20,385$13,549$8,822$5,652$960
35 years$28,741$19,335$12,667$8,121$5,119$815
36 years$27,635$18,352$11,850$7,479$4,639$693
37 years$26,592$17,430$11,091$6,891$4,204$589
38 years$25,606$16,565$10,387$6,352$3,811$501
39 years$24,673$15,751$9,731$5,857$3,456$426
40 years$23,789$14,986$9,121$5,402$3,135$362
41 years$22,950$14,266$8,553$4,984$2,844$308
42 years$22,153$13,586$8,023$4,600$2,581$262
43 years$21,395$12,945$7,528$4,246$2,342$222
44 years$20,674$12,339$7,066$3,920$2,126$189
45 years$19,986$11,766$6,635$3,621$1,930$161
46 years$19,331$11,225$6,232$3,344$1,752$137
47 years$18,705$10,712$5,855$3,090$1,591$116
48 years$18,107$10,226$5,502$2,855$1,445$99
49 years$17,536$9,765$5,171$2,639$1,312$84
50 years$16,988$9,328$4,862$2,439$1,192$71

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,400,000, adding $5,136 every year, while hoping to spend $55,676 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: 31/46/23 Blend
49$17,400,000$17,400,000$17,400,000$17,400,000
50$19,180,098$18,257,898$17,988,198$19,638,028
51$21,077,229$19,093,296$18,531,564$20,822,392
52$23,166,001$19,967,763$19,091,266$22,091,083
53$25,465,904$20,883,153$19,667,794$23,455,651
54$27,998,411$21,841,413$20,261,650$24,924,490
55$30,787,186$22,844,579$20,873,352$26,506,791
56$33,858,303$23,894,788$21,503,434$28,212,618
57$37,240,496$24,994,278$22,152,444$30,052,998
58$40,965,424$26,145,395$22,820,949$32,040,014
59$45,067,976$27,350,599$23,509,530$34,186,910
60$49,586,598$28,612,466$24,218,787$36,508,204
61$54,563,652$29,933,698$24,949,337$39,019,821
62$60,045,821$31,317,125$25,701,816$41,739,224
63$66,084,546$32,765,716$26,476,879$44,685,575
64$72,736,514$34,282,580$27,275,199$47,879,900
65$80,064,190$35,870,978$28,097,470$51,345,277
66$88,136,409$37,534,327$28,944,406$55,107,040
67$97,029,022$39,276,209$29,816,743$59,193,005
68$106,825,617$41,100,378$30,715,239$63,633,719
69$117,618,303$43,010,770$31,640,673$68,462,732
70$129,508,582$45,011,510$32,593,847$73,716,903
71$142,608,306$47,106,922$33,575,589$79,436,724
72$157,040,732$49,301,540$34,586,750$85,666,692
73$172,941,686$51,600,115$35,628,206$92,455,711
74$190,460,845$54,007,628$36,700,858$99,857,531
75$209,763,151$56,529,301$37,805,637$107,931,240
76$231,030,364$59,170,609$38,943,497$116,741,800
77$254,462,781$61,937,288$40,115,424$126,360,639
78$280,281,124$64,835,355$41,322,431$136,866,305
79$308,728,628$67,871,117$42,565,561$148,345,183
80$340,073,331$71,051,184$43,845,890$160,892,285
81$374,610,606$74,382,487$45,164,523$174,612,126
82$412,665,951$77,872,293$46,522,598$189,619,678
83$454,598,062$81,528,219$47,921,288$206,041,433
84$500,802,213$85,358,251$49,361,801$224,016,568
85$551,713,995$89,370,761$50,845,377$243,698,222
86$607,813,423$93,574,529$52,373,297$265,254,920
87$669,629,467$97,978,755$53,946,878$288,872,123
88$737,745,048$102,593,090$55,567,474$314,753,945
89$812,802,540$107,427,649$57,236,481$343,125,048
90$895,509,833$112,493,037$58,955,337$374,232,722
91$986,647,014$117,800,374$60,725,519$408,349,176
92$1,087,073,736$123,361,319$62,548,550$445,774,074
93$1,197,737,328$129,188,095$64,425,998$486,837,313
94$1,319,681,742$135,293,518$66,359,476$531,902,097
95$1,454,057,406$141,691,026$68,350,644$581,368,313
96$1,602,132,083$148,394,708$70,401,212$635,676,261
97$1,765,302,843$155,419,336$72,512,940$695,310,755
98$1,945,109,249$162,780,400$74,687,640$760,805,645
99$2,143,247,892$170,494,139$76,927,175$832,748,800
100$2,361,588,408$178,577,583$79,233,467$911,787,601