Can I retire at age 50 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,379,492
2 years$727,677$714,125$700,990$688,256$675,903$636,003
3 years$480,299$466,688$453,587$440,972$428,821$390,176
4 years$356,634$343,065$330,095$317,696$305,839$268,746
5 years$282,455$268,967$256,167$244,021$232,494$197,054
6 years$233,018$219,632$207,021$195,145$183,964$150,212
7 years$197,720$184,447$172,036$160,440$149,612$117,547
8 years$171,259$158,105$145,900$134,589$124,118$93,722
9 years$150,688$137,659$125,664$114,640$104,525$75,769
10 years$134,242$121,339$109,556$98,821$89,061$61,907
11 years$120,794$108,021$96,452$86,004$76,595$50,999
12 years$109,596$96,954$85,598$75,437$66,376$42,289
13 years$100,128$87,618$76,477$66,599$57,881$35,251
14 years$92,019$79,643$68,715$59,119$50,738$29,510
15 years$84,998$72,755$62,040$52,724$44,674$24,790
16 years$78,861$66,751$56,248$47,209$39,483$20,885
17 years$73,451$61,475$51,184$42,417$35,008$17,637
18 years$68,648$56,806$46,724$38,226$31,128$14,924
19 years$64,355$52,647$42,774$34,540$27,745$12,650
20 years$60,497$48,922$39,256$31,283$24,782$10,737
21 years$57,010$45,569$36,108$28,391$22,177$9,124
22 years$53,845$42,537$33,279$25,814$19,879$7,761
23 years$50,959$39,784$30,727$23,510$17,844$6,607
24 years$48,317$37,275$28,417$21,442$16,039$5,629
25 years$45,891$34,981$26,320$19,582$14,433$4,798
26 years$43,655$32,876$24,411$17,905$13,000$4,092
27 years$41,588$30,941$22,667$16,389$11,721$3,492
28 years$39,672$29,155$21,072$15,016$10,576$2,981
29 years$37,892$27,505$19,610$13,770$9,550$2,545
30 years$36,233$25,975$18,266$12,637$8,629$2,174
31 years$34,684$24,555$17,028$11,606$7,801$1,857
32 years$33,235$23,234$15,888$10,666$7,057$1,587
33 years$31,877$22,003$14,835$9,809$6,386$1,356
34 years$30,602$20,854$13,861$9,025$5,782$1,159
35 years$29,401$19,780$12,959$8,308$5,237$991
36 years$28,271$18,774$12,122$7,651$4,745$847
37 years$27,203$17,831$11,346$7,050$4,301$724
38 years$26,195$16,946$10,625$6,498$3,899$619
39 years$25,240$16,114$9,955$5,991$3,536$529
40 years$24,335$15,331$9,331$5,526$3,207$453
41 years$23,477$14,593$8,749$5,099$2,909$387
42 years$22,662$13,898$8,207$4,705$2,640$331
43 years$21,887$13,242$7,701$4,344$2,396$283
44 years$21,149$12,623$7,229$4,011$2,175$242
45 years$20,446$12,037$6,788$3,704$1,974$207
46 years$19,775$11,483$6,375$3,421$1,793$177
47 years$19,135$10,958$5,989$3,161$1,628$152
48 years$18,524$10,461$5,628$2,921$1,478$130
49 years$17,939$9,990$5,290$2,699$1,343$111
50 years$17,379$9,542$4,974$2,495$1,220$95

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,800,000, adding $2,754 every year, while hoping to spend $45,118 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: 65/17/18 Blend
49$17,800,000$17,800,000$17,800,000$17,800,000
50$19,618,441$18,675,041$18,399,141$20,805,572
51$21,571,517$19,542,113$18,967,507$22,469,020
52$23,722,294$20,450,159$19,553,401$24,280,669
53$26,090,891$21,401,139$20,157,363$26,259,364
54$28,699,475$22,397,109$20,779,948$28,421,454
55$31,572,476$23,440,222$21,421,731$30,784,928
56$34,736,811$24,532,735$22,083,301$33,369,579
57$38,222,142$25,677,016$22,765,268$36,197,190
58$42,061,156$26,875,544$23,468,260$39,291,733
59$46,289,870$28,130,922$24,192,923$42,679,594
60$50,947,976$29,445,876$24,939,924$46,389,811
61$56,079,208$30,823,263$25,709,951$50,454,352
62$61,731,765$32,266,080$26,503,712$54,908,405
63$67,958,755$33,777,469$27,321,936$59,790,710
64$74,818,705$35,360,721$28,165,378$65,143,916
65$82,376,106$37,019,290$29,034,811$71,014,978
66$90,702,027$38,756,794$29,931,036$77,455,598
67$99,874,785$40,577,028$30,854,877$84,522,703
68$109,980,681$42,483,969$31,807,183$92,278,978
69$121,114,815$44,481,789$32,788,828$100,793,452
70$133,381,989$46,574,859$33,800,717$110,142,141
71$146,897,689$48,767,764$34,843,778$120,408,758
72$161,789,178$51,065,310$35,918,969$131,685,497
73$178,196,699$53,472,534$37,027,279$144,073,898
74$196,274,795$55,994,721$38,169,726$157,685,790
75$216,193,771$58,637,409$39,347,358$172,644,347
76$238,141,299$61,406,406$40,561,258$189,085,236
77$262,324,192$64,307,800$41,812,541$207,157,888
78$288,970,353$67,347,976$43,102,354$227,026,905
79$318,330,928$70,533,627$44,431,883$248,873,596
80$350,682,679$73,871,770$45,802,347$272,897,685
81$386,330,592$77,369,766$47,215,005$299,319,179
82$425,610,757$81,035,330$48,671,152$328,380,437
83$468,893,544$84,876,551$50,172,126$360,348,448
84$516,587,096$88,901,912$51,719,302$395,517,332
85$569,141,182$93,120,308$53,314,101$434,211,110
86$627,051,444$97,541,065$54,957,985$476,786,746
87$690,864,075$102,173,961$56,652,462$523,637,503
88$761,180,977$107,029,251$58,399,085$575,196,640
89$838,665,438$112,117,686$60,199,457$631,941,488
90$924,048,401$117,450,541$62,055,227$694,397,938
91$1,018,135,357$123,039,637$63,968,096$763,145,388
92$1,121,813,955$128,897,370$65,939,818$838,822,198
93$1,236,062,376$135,036,739$67,972,200$922,131,695
94$1,361,958,573$141,471,374$70,067,103$1,013,848,793
95$1,500,690,444$148,215,568$72,226,448$1,114,827,290
96$1,653,567,047$155,284,308$74,452,212$1,226,007,905
97$1,822,030,959$162,693,311$76,746,433$1,348,427,139
98$2,007,671,891$170,459,058$79,111,213$1,483,227,032
99$2,212,241,702$178,598,831$81,548,717$1,631,665,927
100$2,437,670,934$187,130,751$84,061,177$1,795,130,316