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%20%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,370,198
2 years$731,765$718,137$704,928$692,122$679,701$622,817
3 years$482,997$469,310$456,135$443,449$431,230$376,428
4 years$358,638$344,993$331,950$319,480$307,557$255,253
5 years$284,042$270,478$257,607$245,392$233,800$184,127
6 years$234,327$220,866$208,184$196,242$184,998$137,987
7 years$198,831$185,483$173,002$161,341$150,453$106,086
8 years$172,221$158,993$146,720$135,345$124,815$83,047
9 years$151,535$138,432$126,370$115,284$105,112$65,878
10 years$134,996$122,021$110,172$99,376$89,561$52,784
11 years$121,473$108,628$96,994$86,487$77,025$42,618
12 years$110,211$97,499$86,079$75,860$66,749$34,618
13 years$100,690$88,110$76,906$66,973$58,206$28,253
14 years$92,536$80,090$69,101$59,452$51,023$23,147
15 years$85,476$73,164$62,388$53,020$44,925$19,021
16 years$79,304$67,126$56,564$47,474$39,705$15,670
17 years$73,864$61,821$51,471$42,655$35,205$12,935
18 years$69,033$57,125$46,987$38,441$31,303$10,695
19 years$64,717$52,943$43,014$34,734$27,901$8,855
20 years$60,836$49,197$39,476$31,459$24,921$7,340
21 years$57,330$45,825$36,310$28,551$22,302$6,089
22 years$54,147$42,776$33,466$25,959$19,990$5,056
23 years$51,245$40,008$30,900$23,642$17,945$4,200
24 years$48,589$37,485$28,577$21,562$16,129$3,491
25 years$46,149$35,177$26,468$19,692$14,514$2,903
26 years$43,900$33,061$24,548$18,005$13,073$2,415
27 years$41,822$31,114$22,795$16,481$11,787$2,010
28 years$39,895$29,319$21,191$15,100$10,635$1,673
29 years$38,105$27,659$19,720$13,847$9,603$1,392
30 years$36,437$26,121$18,368$12,708$8,677$1,159
31 years$34,879$24,693$17,124$11,671$7,845$965
32 years$33,422$23,365$15,977$10,726$7,096$804
33 years$32,056$22,127$14,918$9,864$6,422$670
34 years$30,773$20,971$13,938$9,075$5,815$558
35 years$29,567$19,891$13,031$8,354$5,267$465
36 years$28,429$18,879$12,191$7,694$4,772$387
37 years$27,356$17,931$11,410$7,089$4,325$323
38 years$26,342$17,041$10,685$6,534$3,921$269
39 years$25,382$16,204$10,011$6,025$3,556$224
40 years$24,472$15,417$9,383$5,557$3,225$187
41 years$23,609$14,675$8,798$5,127$2,926$155
42 years$22,789$13,976$8,253$4,732$2,655$130
43 years$22,010$13,317$7,745$4,368$2,409$108
44 years$21,268$12,694$7,270$4,033$2,187$90
45 years$20,561$12,104$6,826$3,725$1,985$75
46 years$19,886$11,547$6,411$3,441$1,803$62
47 years$19,243$11,020$6,023$3,179$1,637$52
48 years$18,628$10,520$5,660$2,937$1,487$43
49 years$18,039$10,046$5,320$2,714$1,350$36
50 years$17,477$9,596$5,002$2,509$1,226$30

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 $3,689 every year, while hoping to spend $46,947 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: 56/17/27 Blend
49$17,900,000$17,900,000$17,900,000$17,900,000
50$19,729,605$18,780,905$18,503,455$20,687,746
51$21,692,074$19,651,218$19,073,370$22,217,064
52$23,853,140$20,562,603$19,660,803$23,877,266
53$26,233,013$21,517,023$20,266,292$25,685,214
54$28,853,959$22,516,535$20,890,391$27,655,172
55$31,740,514$23,563,297$21,533,670$29,802,824
56$34,919,716$24,659,568$22,196,718$32,145,424
57$38,421,359$25,807,720$22,880,141$34,701,951
58$42,278,275$27,010,235$23,584,563$37,493,282
59$46,526,642$28,269,719$24,310,628$40,542,388
60$51,206,325$29,588,901$25,059,000$43,874,544
61$56,361,256$30,970,643$25,830,362$47,517,560
62$62,039,844$32,417,944$26,625,419$51,502,044
63$68,295,435$33,933,950$27,444,897$55,861,680
64$75,186,813$35,521,958$28,289,545$60,633,542
65$82,778,757$37,185,423$29,160,134$65,858,437
66$91,142,650$38,927,969$30,057,459$71,581,286
67$100,357,155$40,753,394$30,982,338$77,851,539
68$110,508,955$42,665,681$31,935,617$84,723,636
69$121,693,573$44,669,003$32,918,164$92,257,514
70$134,016,272$46,767,739$33,930,878$100,519,163
71$147,593,050$48,966,476$34,974,680$109,581,244
72$162,551,734$51,270,026$36,050,524$119,523,765
73$179,033,185$53,683,432$37,159,391$130,434,830
74$197,192,631$56,211,981$38,302,292$142,411,456
75$217,201,130$58,861,219$39,480,269$155,560,487
76$239,247,183$61,636,957$40,694,396$169,999,588
77$263,538,518$64,545,289$41,945,780$185,858,346
78$290,304,044$67,592,606$43,235,561$203,279,485
79$319,796,018$70,785,605$44,564,915$222,420,200
80$352,292,425$74,131,313$45,935,052$243,453,632
81$388,099,597$77,637,092$47,347,221$266,570,486
82$427,555,111$81,310,664$48,802,708$291,980,825
83$471,030,972$85,160,127$50,302,838$319,916,033
84$518,937,126$89,193,968$51,848,978$350,630,993
85$571,725,329$93,421,088$53,442,535$384,406,471
86$629,893,412$97,850,821$55,084,960$421,551,760
87$693,989,981$102,492,952$56,777,747$462,407,576
88$764,619,594$107,357,742$58,522,436$507,349,266
89$842,448,470$112,455,949$60,320,616$556,790,328
90$928,210,779$117,798,856$62,173,922$611,186,301
91$1,022,715,570$123,398,290$64,084,039$671,039,046
92$1,126,854,408$129,266,657$66,052,704$736,901,463
93$1,241,609,797$135,416,962$68,081,709$809,382,694
94$1,368,064,446$141,862,843$70,172,896$889,153,848
95$1,507,411,499$148,618,602$72,328,168$976,954,318
96$1,660,965,792$155,699,234$74,549,482$1,073,598,738
97$1,830,176,271$163,120,464$76,838,857$1,179,984,649
98$2,016,639,665$170,898,781$79,198,373$1,297,100,945
99$2,222,115,566$179,051,477$81,630,174$1,426,037,189
100$2,448,543,036$187,596,682$84,136,467$1,567,993,864