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%11.7%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,393,436
2 years$719,501$706,101$693,114$680,522$668,309$658,213
3 years$474,902$461,445$448,491$436,017$424,003$414,135
4 years$352,627$339,211$326,386$314,126$302,402$292,840
5 years$279,281$265,945$253,289$241,279$229,881$220,652
6 years$230,400$217,164$204,695$192,953$181,897$173,013
7 years$195,499$182,374$170,103$158,637$147,931$139,396
8 years$169,334$156,328$144,261$133,077$122,723$114,537
9 years$148,995$136,112$124,252$113,352$103,351$95,511
10 years$132,733$119,976$108,325$97,710$88,060$80,563
11 years$119,437$106,808$95,368$85,037$75,735$68,575
12 years$108,364$95,865$84,637$74,589$65,630$58,802
13 years$99,003$86,634$75,617$65,851$57,231$50,726
14 years$90,985$78,748$67,942$58,455$50,168$43,979
15 years$84,043$71,937$61,343$52,132$44,172$38,291
16 years$77,975$66,001$55,616$46,678$39,039$33,457
17 years$72,626$60,785$50,609$41,940$34,615$29,322
18 years$67,876$56,168$46,199$37,796$30,778$25,766
19 years$63,632$52,056$42,293$34,152$27,433$22,691
20 years$59,817$48,373$38,815$30,932$24,504$20,022
21 years$56,369$45,057$35,702$28,072$21,928$17,698
22 years$53,240$42,059$32,905$25,524$19,655$15,666
23 years$50,386$39,337$30,382$23,245$17,644$13,885
24 years$47,775$36,856$28,098$21,201$15,859$12,321
25 years$45,376$34,588$26,024$19,362$14,270$10,944
26 years$43,165$32,507$24,136$17,704$12,854$9,729
27 years$41,121$30,593$22,413$16,205$11,589$8,656
28 years$39,227$28,828$20,835$14,847$10,457$7,706
29 years$37,466$27,196$19,389$13,615$9,443$6,865
30 years$35,826$25,683$18,060$12,495$8,532$6,119
31 years$34,295$24,279$16,837$11,476$7,714$5,457
32 years$32,862$22,973$15,709$10,547$6,978$4,868
33 years$31,519$21,756$14,668$9,698$6,315$4,345
34 years$30,258$20,620$13,705$8,923$5,717$3,879
35 years$29,071$19,557$12,813$8,214$5,178$3,464
36 years$27,953$18,563$11,986$7,565$4,692$3,094
37 years$26,898$17,630$11,219$6,970$4,252$2,764
38 years$25,900$16,755$10,506$6,425$3,855$2,470
39 years$24,956$15,933$9,843$5,924$3,496$2,208
40 years$24,062$15,159$9,226$5,464$3,171$1,974
41 years$23,213$14,429$8,651$5,041$2,877$1,765
42 years$22,407$13,742$8,115$4,652$2,610$1,578
43 years$21,641$13,093$7,615$4,295$2,369$1,412
44 years$20,911$12,481$7,148$3,966$2,150$1,263
45 years$20,216$11,902$6,711$3,662$1,952$1,129
46 years$19,553$11,354$6,304$3,383$1,772$1,010
47 years$18,920$10,835$5,922$3,125$1,610$904
48 years$18,315$10,343$5,565$2,888$1,462$809
49 years$17,737$9,877$5,231$2,669$1,328$724
50 years$17,184$9,435$4,918$2,467$1,206$648

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 $3,847 every year, while hoping to spend $49,540 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: 28/46/26 Blend
49$17,600,000$17,600,000$17,600,000$17,600,000
50$19,399,168$18,466,368$18,193,568$19,785,125
51$21,325,173$19,318,510$18,750,343$20,943,606
52$23,445,970$20,210,746$19,324,108$22,182,815
53$25,781,376$21,144,990$19,915,383$23,513,222
54$28,353,227$22,123,245$20,524,698$24,942,674
55$31,185,584$23,147,611$21,152,604$26,479,757
56$34,304,961$24,220,293$21,799,664$28,133,868
57$37,740,577$25,343,596$22,466,462$29,915,292
58$41,524,625$26,519,942$23,153,598$31,835,291
59$45,692,583$27,751,865$23,861,690$33,906,204
60$50,283,545$29,042,025$24,591,375$36,141,546
61$55,340,590$30,393,208$25,343,310$38,556,131
62$60,911,190$31,808,335$26,118,170$41,166,198
63$67,047,655$33,290,467$26,916,653$43,989,554
64$73,807,631$34,842,815$27,739,476$47,045,727
65$81,254,639$36,468,743$28,587,378$50,356,140
66$89,458,679$38,171,778$29,461,122$53,944,298
67$98,496,888$39,955,619$30,361,493$57,835,999
68$108,454,266$41,824,140$31,289,299$62,059,558
69$119,424,484$43,781,405$32,245,373$66,646,062
70$131,510,763$45,831,675$33,230,574$71,629,648
71$144,826,849$47,979,416$34,245,786$77,047,807
72$159,498,088$50,229,308$35,291,921$82,941,719
73$175,662,609$52,586,260$36,369,916$89,356,626
74$193,472,626$55,055,417$37,480,740$96,342,238
75$213,095,876$57,642,176$38,625,387$103,953,183
76$234,717,203$60,352,190$39,804,885$112,249,502
77$258,540,300$63,191,389$41,020,291$121,297,191
78$284,789,634$66,165,991$42,272,694$131,168,806
79$313,712,565$69,282,512$43,563,217$141,944,117
80$345,581,677$72,547,785$44,893,015$153,710,842
81$380,697,357$75,968,976$46,263,281$166,565,446
82$419,390,627$79,553,595$47,675,240$180,614,023
83$462,026,267$83,309,518$49,130,157$195,973,270
84$509,006,264$87,245,002$50,629,334$212,771,557
85$560,773,600$91,368,703$52,174,114$231,150,112
86$617,816,437$95,689,701$53,765,877$251,264,311
87$680,672,728$100,217,510$55,406,049$273,285,122
88$749,935,290$104,962,112$57,096,095$297,400,674
89$826,257,402$109,933,968$58,837,526$323,817,997
90$910,358,975$115,144,049$60,631,901$352,764,940
91$1,003,033,342$120,603,859$62,480,821$384,492,276
92$1,105,154,753$126,325,459$64,385,939$419,276,027
93$1,217,686,627$132,321,496$66,348,957$457,420,026
94$1,341,690,644$138,605,230$68,371,628$499,258,736
95$1,478,336,770$145,190,567$70,455,758$545,160,357
96$1,628,914,302$152,092,086$72,603,207$595,530,249
97$1,794,844,038$159,325,075$74,815,892$650,814,706
98$1,977,691,692$166,905,567$77,095,787$711,505,113
99$2,179,182,675$174,850,369$79,444,925$778,142,519
100$2,401,218,380$183,177,109$81,865,403$851,322,688