Can I retire at age 50 with 17,700,000?

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 $17,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,378,422
2 years$723,589$710,113$697,052$684,389$672,106$639,046
3 years$477,601$464,066$451,039$438,495$426,412$394,325
4 years$354,631$341,138$328,241$315,911$304,120$273,254
5 years$280,868$267,456$254,728$242,650$231,188$201,628
6 years$231,709$218,398$205,858$194,049$182,931$154,709
7 years$196,609$183,410$171,069$159,538$148,772$121,891
8 years$170,296$157,217$145,080$133,833$123,420$97,871
9 years$149,842$136,885$124,958$113,996$103,938$79,699
10 years$133,487$120,658$108,941$98,265$88,560$65,606
11 years$120,115$107,415$95,910$85,520$76,165$54,463
12 years$108,980$96,409$85,118$75,013$66,003$45,518
13 years$99,565$87,126$76,047$66,225$57,556$38,250
14 years$91,502$79,195$68,328$58,787$50,453$32,285
15 years$84,521$72,346$61,691$52,428$44,423$27,351
16 years$78,418$66,376$55,932$46,944$39,261$23,241
17 years$73,038$61,130$50,896$42,178$34,812$19,799
18 years$68,262$56,487$46,462$38,011$30,953$16,902
19 years$63,994$52,351$42,533$34,346$27,589$14,455
20 years$60,157$48,648$39,035$31,107$24,643$12,382
21 years$56,690$45,313$35,905$28,232$22,053$10,619
22 years$53,542$42,298$33,092$25,669$19,767$9,117
23 years$50,673$39,561$30,554$23,377$17,744$7,835
24 years$48,046$37,066$28,258$21,322$15,949$6,739
25 years$45,633$34,784$26,172$19,472$14,351$5,800
26 years$43,410$32,692$24,273$17,804$12,927$4,995
27 years$41,355$30,767$22,540$16,297$11,655$4,304
28 years$39,449$28,991$20,954$14,931$10,517$3,710
29 years$37,679$27,350$19,499$13,692$9,496$3,199
30 years$36,030$25,829$18,163$12,566$8,580$2,759
31 years$34,490$24,417$16,933$11,541$7,757$2,381
32 years$33,049$23,104$15,799$10,606$7,017$2,055
33 years$31,698$21,879$14,751$9,753$6,351$1,773
34 years$30,430$20,737$13,783$8,974$5,750$1,531
35 years$29,236$19,669$12,886$8,261$5,208$1,322
36 years$28,112$18,668$12,054$7,608$4,718$1,142
37 years$27,050$17,731$11,283$7,010$4,277$986
38 years$26,047$16,850$10,566$6,461$3,877$852
39 years$25,098$16,023$9,899$5,958$3,516$736
40 years$24,199$15,245$9,278$5,495$3,189$636
41 years$23,345$14,511$8,700$5,070$2,893$549
42 years$22,535$13,820$8,161$4,679$2,625$474
43 years$21,764$13,168$7,658$4,319$2,383$410
44 years$21,030$12,552$7,188$3,988$2,163$354
45 years$20,331$11,969$6,750$3,683$1,963$306
46 years$19,664$11,418$6,339$3,402$1,783$265
47 years$19,028$10,896$5,956$3,143$1,619$229
48 years$18,419$10,402$5,597$2,904$1,470$198
49 years$17,838$9,933$5,261$2,684$1,335$171
50 years$17,281$9,489$4,946$2,481$1,213$148

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,700,000, adding $5,970 every year, while hoping to spend $50,680 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: 30/44/26 Blend
49$17,700,000$17,700,000$17,700,000$17,700,000
50$19,511,558$18,573,458$18,299,108$19,940,065
51$21,447,814$19,429,634$18,858,205$21,129,260
52$23,579,869$20,326,065$19,434,333$22,402,789
53$25,927,642$21,264,668$20,028,010$23,771,817
54$28,513,080$22,247,456$20,639,767$25,244,674
55$31,360,369$23,276,536$21,270,154$26,830,475
56$34,496,159$24,354,118$21,919,736$28,539,202
57$37,949,815$25,482,518$22,589,095$30,381,789
58$41,753,699$26,664,164$23,278,832$32,370,217
59$45,943,468$27,901,600$23,989,565$34,517,616
60$50,558,417$29,197,493$24,721,930$36,838,377
61$55,641,845$30,554,640$25,476,585$39,348,282
62$61,241,466$31,975,970$26,254,203$42,064,641
63$67,409,860$33,464,557$27,055,483$45,006,442
64$74,204,965$35,023,620$27,881,142$48,194,518
65$81,690,630$36,656,535$28,731,918$51,651,733
66$89,937,209$38,366,841$29,608,573$55,403,187
67$99,022,235$40,158,247$30,511,890$59,476,433
68$109,031,144$42,034,642$31,442,680$63,901,729
69$120,058,084$44,000,102$32,401,772$68,712,306
70$132,206,803$46,058,902$33,390,026$73,944,667
71$145,591,630$48,215,521$34,408,325$79,638,913
72$160,338,550$50,474,655$35,457,578$85,839,108
73$176,586,399$52,841,230$36,538,723$92,593,676
74$194,488,167$55,320,406$37,652,726$99,955,837
75$214,212,449$57,917,595$38,800,582$107,984,095
76$235,945,033$60,638,471$39,983,315$116,742,764
77$259,890,652$63,488,982$41,201,982$126,302,560
78$286,274,920$66,475,363$42,457,669$136,741,240
79$315,346,458$69,604,152$43,751,498$148,144,319
80$347,379,246$72,882,205$45,084,622$160,605,846
81$382,675,203$76,316,707$46,458,231$174,229,275
82$421,567,040$79,915,192$47,873,548$189,128,406
83$464,421,403$83,685,561$49,331,836$205,428,436
84$511,642,328$87,636,095$50,834,395$223,267,114
85$563,675,060$91,775,479$52,382,562$242,796,005
86$621,010,255$96,112,816$53,977,717$264,181,893
87$684,188,611$100,657,654$55,621,280$287,608,321
88$753,805,972$105,420,002$57,314,716$313,277,288
89$830,518,952$110,410,353$59,059,530$341,411,120
90$915,051,137$115,639,711$60,857,275$372,254,531
91$1,008,199,910$121,119,615$62,709,552$406,076,892
92$1,110,843,986$126,862,161$64,618,006$443,174,731
93$1,223,951,699$132,880,034$66,584,336$483,874,492
94$1,348,590,151$139,186,533$68,610,290$528,535,567
95$1,485,935,279$145,795,606$70,697,667$577,553,641
96$1,637,282,961$152,721,875$72,848,323$631,364,381
97$1,804,061,249$159,980,672$75,064,168$690,447,490
98$1,987,843,848$167,588,077$77,347,169$755,331,187
99$2,190,364,975$175,560,948$79,699,354$826,597,130
100$2,413,535,731$183,916,962$82,122,810$904,885,849