Can I retire at age 50 with 17,900,000?

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,418,970
2 years$731,765$718,137$704,928$692,122$679,701$671,225
3 years$482,997$469,310$456,135$443,449$431,230$422,942
4 years$358,638$344,993$331,950$319,480$307,557$299,521
5 years$284,042$270,478$257,607$245,392$233,800$226,039
6 years$234,327$220,866$208,184$196,242$184,998$177,523
7 years$198,831$185,483$173,002$161,341$150,453$143,267
8 years$172,221$158,993$146,720$135,345$124,815$117,918
9 years$151,535$138,432$126,370$115,284$105,112$98,503
10 years$134,996$122,021$110,172$99,376$89,561$83,236
11 years$121,473$108,628$96,994$86,487$77,025$70,981
12 years$110,211$97,499$86,079$75,860$66,749$60,979
13 years$100,690$88,110$76,906$66,973$58,206$52,705
14 years$92,536$80,090$69,101$59,452$51,023$45,785
15 years$85,476$73,164$62,388$53,020$44,925$39,943
16 years$79,304$67,126$56,564$47,474$39,705$34,972
17 years$73,864$61,821$51,471$42,655$35,205$30,713
18 years$69,033$57,125$46,987$38,441$31,303$27,045
19 years$64,717$52,943$43,014$34,734$27,901$23,869
20 years$60,836$49,197$39,476$31,459$24,921$21,108
21 years$57,330$45,825$36,310$28,551$22,302$18,698
22 years$54,147$42,776$33,466$25,959$19,990$16,588
23 years$51,245$40,008$30,900$23,642$17,945$14,736
24 years$48,589$37,485$28,577$21,562$16,129$13,106
25 years$46,149$35,177$26,468$19,692$14,514$11,668
26 years$43,900$33,061$24,548$18,005$13,073$10,397
27 years$41,822$31,114$22,795$16,481$11,787$9,272
28 years$39,895$29,319$21,191$15,100$10,635$8,275
29 years$38,105$27,659$19,720$13,847$9,603$7,389
30 years$36,437$26,121$18,368$12,708$8,677$6,602
31 years$34,879$24,693$17,124$11,671$7,845$5,902
32 years$33,422$23,365$15,977$10,726$7,096$5,278
33 years$32,056$22,127$14,918$9,864$6,422$4,722
34 years$30,773$20,971$13,938$9,075$5,815$4,227
35 years$29,567$19,891$13,031$8,354$5,267$3,784
36 years$28,429$18,879$12,191$7,694$4,772$3,389
37 years$27,356$17,931$11,410$7,089$4,325$3,035
38 years$26,342$17,041$10,685$6,534$3,921$2,719
39 years$25,382$16,204$10,011$6,025$3,556$2,437
40 years$24,472$15,417$9,383$5,557$3,225$2,184
41 years$23,609$14,675$8,798$5,127$2,926$1,958
42 years$22,789$13,976$8,253$4,732$2,655$1,755
43 years$22,010$13,317$7,745$4,368$2,409$1,574
44 years$21,268$12,694$7,270$4,033$2,187$1,412
45 years$20,561$12,104$6,826$3,725$1,985$1,266
46 years$19,886$11,547$6,411$3,441$1,803$1,136
47 years$19,243$11,020$6,023$3,179$1,637$1,019
48 years$18,628$10,520$5,660$2,937$1,487$914
49 years$18,039$10,046$5,320$2,714$1,350$820
50 years$17,477$9,596$5,002$2,509$1,226$736

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,900,000, adding $3,265 every year, while hoping to spend $49,629 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: 84/9/7 Blend
49$17,900,000$17,900,000$17,900,000$17,900,000
50$19,729,168$18,780,468$18,503,018$21,374,250
51$21,688,738$19,647,906$19,070,064$23,316,295
52$23,846,521$20,556,185$19,654,443$25,441,893
53$26,222,682$21,507,254$20,256,683$27,774,976
54$28,839,442$22,503,156$20,877,328$30,336,345
55$31,721,286$23,546,031$21,516,939$33,148,909
56$34,895,195$24,638,124$22,176,094$36,237,899
57$38,390,900$25,781,788$22,855,389$39,631,099
58$42,241,163$26,979,487$23,555,436$43,359,116
59$46,482,087$28,233,807$24,276,868$47,455,658
60$51,153,453$29,547,457$25,020,336$51,957,853
61$56,299,100$30,923,277$25,786,512$56,906,598
62$61,967,334$32,364,243$26,576,087$62,346,943
63$68,211,389$33,873,478$27,389,772$68,328,509
64$75,089,924$35,454,252$28,228,303$74,905,958
65$82,667,580$37,109,994$29,092,435$82,139,507
66$91,015,590$38,844,300$29,982,947$90,095,490
67$100,212,447$40,660,938$30,900,644$98,846,982
68$110,344,652$42,563,859$31,846,351$108,474,486
69$121,507,524$44,557,206$32,820,921$119,066,690
70$133,806,102$46,645,319$33,825,232$130,721,302
71$147,356,136$48,832,752$34,860,189$143,545,965
72$162,285,181$51,124,276$35,926,725$157,659,270
73$178,733,799$53,524,894$37,025,799$173,191,876
74$196,856,884$56,039,852$38,158,401$190,287,733
75$216,825,129$58,674,648$39,325,550$209,105,441
76$238,826,634$61,435,047$40,528,298$229,819,740
77$263,068,681$64,327,095$41,767,726$252,623,156
78$289,779,691$67,357,127$43,044,950$277,727,815
79$319,211,382$70,531,788$44,361,118$305,367,435
80$351,641,141$73,858,043$45,717,413$335,799,533
81$387,374,646$77,343,197$47,115,055$369,307,849
82$426,748,752$80,994,905$48,555,301$406,205,013
83$470,134,665$84,821,196$50,039,445$446,835,498
84$517,941,455$88,830,489$51,568,820$491,578,862
85$570,619,908$93,031,608$53,144,800$540,853,322
86$628,666,789$97,433,807$54,768,802$595,119,700
87$692,629,527$102,046,788$56,442,282$654,885,762
88$763,111,384$106,880,726$58,166,743$720,711,005
89$840,777,150$111,946,287$59,943,734$793,211,932
90$926,359,419$117,254,654$61,774,849$873,067,861
91$1,020,665,504$122,817,557$63,661,730$961,027,333
92$1,124,585,058$128,647,290$65,606,071$1,057,915,167
93$1,239,098,475$134,756,748$67,609,616$1,164,640,235
94$1,365,286,141$141,159,450$69,674,159$1,282,204,038
95$1,504,338,637$147,869,573$71,801,553$1,411,710,145
96$1,657,567,977$154,901,981$73,993,704$1,554,374,603
97$1,826,419,993$162,272,261$76,252,576$1,711,537,404
98$2,012,487,988$169,996,757$78,580,193$1,884,675,127
99$2,217,527,773$178,092,609$80,978,640$2,075,414,861
100$2,443,474,246$186,577,786$83,450,064$2,285,549,554