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

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,388,215
2 years$719,501$706,101$693,114$680,522$668,309$652,970
3 years$474,902$461,445$448,491$436,017$424,003$409,035
4 years$352,627$339,211$326,386$314,126$302,402$287,921
5 years$279,281$265,945$253,289$241,279$229,881$215,930
6 years$230,400$217,164$204,695$192,953$181,897$168,492
7 years$195,499$182,374$170,103$158,637$147,931$135,077
8 years$169,334$156,328$144,261$133,077$122,723$110,420
9 years$148,995$136,112$124,252$113,352$103,351$91,594
10 years$132,733$119,976$108,325$97,710$88,060$76,842
11 years$119,437$106,808$95,368$85,037$75,735$65,046
12 years$108,364$95,865$84,637$74,589$65,630$55,459
13 years$99,003$86,634$75,617$65,851$57,231$47,566
14 years$90,985$78,748$67,942$58,455$50,168$40,996
15 years$84,043$71,937$61,343$52,132$44,172$35,478
16 years$77,975$66,001$55,616$46,678$39,039$30,808
17 years$72,626$60,785$50,609$41,940$34,615$26,832
18 years$67,876$56,168$46,199$37,796$30,778$23,427
19 years$63,632$52,056$42,293$34,152$27,433$20,499
20 years$59,817$48,373$38,815$30,932$24,504$17,969
21 years$56,369$45,057$35,702$28,072$21,928$15,777
22 years$53,240$42,059$32,905$25,524$19,655$13,872
23 years$50,386$39,337$30,382$23,245$17,644$12,211
24 years$47,775$36,856$28,098$21,201$15,859$10,761
25 years$45,376$34,588$26,024$19,362$14,270$9,491
26 years$43,165$32,507$24,136$17,704$12,854$8,378
27 years$41,121$30,593$22,413$16,205$11,589$7,401
28 years$39,227$28,828$20,835$14,847$10,457$6,542
29 years$37,466$27,196$19,389$13,615$9,443$5,786
30 years$35,826$25,683$18,060$12,495$8,532$5,119
31 years$34,295$24,279$16,837$11,476$7,714$4,532
32 years$32,862$22,973$15,709$10,547$6,978$4,013
33 years$31,519$21,756$14,668$9,698$6,315$3,555
34 years$30,258$20,620$13,705$8,923$5,717$3,150
35 years$29,071$19,557$12,813$8,214$5,178$2,792
36 years$27,953$18,563$11,986$7,565$4,692$2,475
37 years$26,898$17,630$11,219$6,970$4,252$2,194
38 years$25,900$16,755$10,506$6,425$3,855$1,946
39 years$24,956$15,933$9,843$5,924$3,496$1,726
40 years$24,062$15,159$9,226$5,464$3,171$1,531
41 years$23,213$14,429$8,651$5,041$2,877$1,359
42 years$22,407$13,742$8,115$4,652$2,610$1,206
43 years$21,641$13,093$7,615$4,295$2,369$1,070
44 years$20,911$12,481$7,148$3,966$2,150$949
45 years$20,216$11,902$6,711$3,662$1,952$843
46 years$19,553$11,354$6,304$3,383$1,772$748
47 years$18,920$10,835$5,922$3,125$1,610$664
48 years$18,315$10,343$5,565$2,888$1,462$589
49 years$17,737$9,877$5,231$2,669$1,328$523
50 years$17,184$9,435$4,918$2,467$1,206$465

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 $3,090 every year, while hoping to spend $23,478 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: 49/36/15 Blend
49$17,600,000$17,600,000$17,600,000$17,600,000
50$19,398,387$18,465,587$18,192,787$20,268,191
51$21,352,042$19,345,421$18,777,265$21,748,041
52$23,504,183$20,267,579$19,380,536$23,351,977
53$25,875,031$21,234,111$20,003,205$25,093,777
54$28,486,868$22,247,167$20,645,897$26,986,381
55$31,364,249$23,308,998$21,309,254$29,043,999
56$34,534,232$24,421,968$21,993,944$31,282,237
57$38,026,634$25,588,555$22,700,651$33,718,238
58$41,874,313$26,811,357$23,430,086$36,370,836
59$46,113,478$28,093,099$24,182,979$39,260,726
60$50,784,029$29,436,637$24,960,085$42,410,648
61$55,929,937$30,844,969$25,762,184$45,845,598
62$61,599,654$32,321,235$26,590,081$49,593,052
63$67,846,575$33,868,732$27,444,605$53,683,214
64$74,729,540$35,490,915$28,326,614$58,149,295
65$82,313,390$37,191,407$29,236,993$63,027,814
66$90,669,579$38,974,008$30,176,654$68,358,929
67$99,876,845$40,842,704$31,146,542$74,186,811
68$110,021,960$42,801,674$32,147,628$80,560,043
69$121,200,544$44,855,300$33,180,917$87,532,068
70$133,517,968$47,008,178$34,247,447$95,161,683
71$147,090,351$49,265,129$35,348,286$103,513,574
72$162,045,654$51,631,207$36,484,541$112,658,918
73$178,524,889$54,111,714$37,657,351$122,676,038
74$196,683,448$56,712,209$38,867,893$133,651,125
75$216,692,575$59,438,522$40,117,382$145,679,037
76$238,740,976$62,296,769$41,407,073$158,864,176
77$263,036,606$65,293,360$42,738,260$173,321,454
78$289,808,627$68,435,023$44,112,280$189,177,363
79$319,309,577$71,728,808$45,530,511$206,571,145
80$351,817,748$75,182,114$46,994,377$225,656,086
81$387,639,819$78,802,698$48,505,349$246,600,943
82$427,113,745$82,598,696$50,064,943$269,591,516
83$470,611,954$86,578,639$51,674,726$294,832,370
84$518,544,858$90,751,476$53,336,313$322,548,752
85$571,364,728$95,126,593$55,051,374$352,988,680
86$629,569,965$99,713,831$56,821,631$386,425,268
87$693,709,808$104,523,515$58,648,861$423,159,264
88$764,389,510$109,566,469$60,534,901$463,521,869
89$842,276,064$114,854,050$62,481,643$507,877,826
90$928,104,489$120,398,165$64,491,045$556,628,832
91$1,022,684,776$126,211,304$66,565,123$610,217,295
92$1,126,909,531$132,306,566$68,705,963$669,130,474
93$1,241,762,405$138,697,689$70,915,715$733,905,043
94$1,368,327,377$145,399,083$73,196,598$805,132,116
95$1,507,798,990$152,425,859$75,550,905$883,462,782
96$1,661,493,628$159,793,867$77,981,001$969,614,217
97$1,830,861,942$167,519,730$80,489,329$1,064,376,398
98$2,017,502,547$175,620,884$83,078,408$1,168,619,522
99$2,223,177,113$184,115,613$85,750,841$1,283,302,163
100$2,449,826,998$193,023,098$88,509,314$1,409,480,276