Can I retire at age 50 with 17,600,000?

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,374,550
2 years$719,501$706,101$693,114$680,522$668,309$639,326
3 years$474,902$461,445$448,491$436,017$424,003$395,839
4 years$352,627$339,211$326,386$314,126$302,402$275,275
5 years$279,281$265,945$253,289$241,279$229,881$203,867
6 years$230,400$217,164$204,695$192,953$181,897$157,024
7 years$195,499$182,374$170,103$158,637$147,931$124,205
8 years$169,334$156,328$144,261$133,077$122,723$100,136
9 years$148,995$136,112$124,252$113,352$103,351$81,887
10 years$132,733$119,976$108,325$97,710$88,060$67,699
11 years$119,437$106,808$95,368$85,037$75,735$56,451
12 years$108,364$95,865$84,637$74,589$65,630$47,396
13 years$99,003$86,634$75,617$65,851$57,231$40,014
14 years$90,985$78,748$67,942$58,455$50,168$33,936
15 years$84,043$71,937$61,343$52,132$44,172$28,889
16 years$77,975$66,001$55,616$46,678$39,039$24,670
17 years$72,626$60,785$50,609$41,940$34,615$21,123
18 years$67,876$56,168$46,199$37,796$30,778$18,125
19 years$63,632$52,056$42,293$34,152$27,433$15,582
20 years$59,817$48,373$38,815$30,932$24,504$13,418
21 years$56,369$45,057$35,702$28,072$21,928$11,569
22 years$53,240$42,059$32,905$25,524$19,655$9,987
23 years$50,386$39,337$30,382$23,245$17,644$8,630
24 years$47,775$36,856$28,098$21,201$15,859$7,464
25 years$45,376$34,588$26,024$19,362$14,270$6,460
26 years$43,165$32,507$24,136$17,704$12,854$5,594
27 years$41,121$30,593$22,413$16,205$11,589$4,847
28 years$39,227$28,828$20,835$14,847$10,457$4,202
29 years$37,466$27,196$19,389$13,615$9,443$3,644
30 years$35,826$25,683$18,060$12,495$8,532$3,162
31 years$34,295$24,279$16,837$11,476$7,714$2,744
32 years$32,862$22,973$15,709$10,547$6,978$2,382
33 years$31,519$21,756$14,668$9,698$6,315$2,068
34 years$30,258$20,620$13,705$8,923$5,717$1,796
35 years$29,071$19,557$12,813$8,214$5,178$1,560
36 years$27,953$18,563$11,986$7,565$4,692$1,355
37 years$26,898$17,630$11,219$6,970$4,252$1,177
38 years$25,900$16,755$10,506$6,425$3,855$1,023
39 years$24,956$15,933$9,843$5,924$3,496$889
40 years$24,062$15,159$9,226$5,464$3,171$773
41 years$23,213$14,429$8,651$5,041$2,877$672
42 years$22,407$13,742$8,115$4,652$2,610$584
43 years$21,641$13,093$7,615$4,295$2,369$507
44 years$20,911$12,481$7,148$3,966$2,150$441
45 years$20,216$11,902$6,711$3,662$1,952$383
46 years$19,553$11,354$6,304$3,383$1,772$333
47 years$18,920$10,835$5,922$3,125$1,610$290
48 years$18,315$10,343$5,565$2,888$1,462$252
49 years$17,737$9,877$5,231$2,669$1,328$219
50 years$17,184$9,435$4,918$2,467$1,206$190

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,600,000, adding $4,063 every year, while hoping to spend $27,580 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: 66/22/12 Blend
49$17,600,000$17,600,000$17,600,000$17,600,000
50$19,399,391$18,466,591$18,193,791$20,627,335
51$21,348,784$19,342,109$18,773,938$22,321,923
52$23,496,091$20,259,603$19,372,596$24,169,763
53$25,861,469$21,221,101$19,990,355$26,188,737
54$28,467,133$22,228,729$20,627,826$28,395,569
55$31,337,559$23,284,716$21,285,637$30,808,653
56$34,499,723$24,391,399$21,964,439$33,448,230
57$37,983,348$25,551,231$22,664,901$36,336,566
58$41,821,190$26,766,782$23,387,715$39,498,164
59$46,049,343$28,040,745$24,133,595$42,959,988
60$50,707,583$29,375,949$24,903,277$46,751,710
61$55,839,741$30,775,355$25,697,521$50,905,989
62$61,494,119$32,242,072$26,517,113$55,458,770
63$67,723,943$33,779,357$27,362,860$60,449,616
64$74,587,868$35,390,629$28,235,599$65,922,083
65$82,150,530$37,079,469$29,136,191$71,924,114
66$90,483,157$38,849,636$30,065,526$78,508,492
67$99,664,240$40,705,069$31,024,522$85,733,330
68$109,780,275$42,649,899$32,014,126$93,662,608
69$120,926,579$44,688,461$33,035,315$102,366,774
70$133,208,191$46,825,296$34,089,099$111,923,397
71$146,740,861$49,065,171$35,176,519$122,417,896
72$161,652,145$51,413,080$36,298,648$133,944,329
73$178,082,606$53,874,263$37,456,596$146,606,278
74$196,187,146$56,454,216$38,651,506$160,517,817
75$216,136,462$59,158,701$39,884,559$175,804,573
76$238,118,663$61,993,759$41,156,973$192,604,906
77$262,341,042$64,965,728$42,470,006$211,071,205
78$289,032,032$68,081,253$43,824,956$231,371,308
79$318,443,368$71,347,303$45,223,161$253,690,080
80$350,852,458$74,771,186$46,666,003$278,231,145
81$386,565,002$78,360,568$48,154,907$305,218,791
82$425,917,883$82,123,486$49,691,347$334,900,076
83$469,282,339$86,068,369$51,276,839$367,547,144
84$517,067,476$90,204,058$52,912,952$403,459,779
85$569,724,125$94,539,823$54,601,302$442,968,221
86$627,749,098$99,085,387$56,343,558$486,436,263
87$691,689,882$103,850,947$58,141,443$534,264,668
88$762,149,802$108,847,196$59,996,734$586,894,937
89$839,793,723$114,085,349$61,911,265$644,813,453
90$925,354,319$119,577,168$63,886,929$708,556,057
91$1,019,638,998$125,334,987$65,925,680$778,713,079
92$1,123,537,518$131,371,744$68,029,532$855,934,896
93$1,238,030,391$137,701,005$70,200,567$940,938,041
94$1,364,198,136$144,336,999$72,440,931$1,034,511,950
95$1,503,231,483$151,294,649$74,752,840$1,137,526,381
96$1,656,442,613$158,589,606$77,138,579$1,250,939,607
97$1,825,277,547$166,238,284$79,600,509$1,375,807,428
98$2,011,329,794$174,257,897$82,141,063$1,513,293,110
99$2,216,355,399$182,666,500$84,762,755$1,664,678,339
100$2,442,289,520$191,483,029$87,468,177$1,831,375,286