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

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 $17,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,346,496
2 years$694,972$682,029$669,485$657,323$645,526$636,340
3 years$458,713$445,714$433,201$421,153$409,548$400,569
4 years$340,606$327,647$315,260$303,417$292,093$283,390
5 years$269,760$256,879$244,654$233,053$222,044$213,643
6 years$222,546$209,761$197,717$186,375$175,696$167,607
7 years$188,834$176,157$164,304$153,229$142,888$135,115
8 years$163,562$150,999$139,343$128,540$118,539$111,083
9 years$143,916$131,472$120,016$109,487$99,827$92,685
10 years$128,208$115,886$104,632$94,379$85,058$78,226
11 years$115,365$103,166$92,117$82,138$73,153$66,627
12 years$104,670$92,597$81,751$72,046$63,393$57,167
13 years$95,628$83,680$73,039$63,606$55,280$49,347
14 years$87,883$76,063$65,626$56,462$48,458$42,812
15 years$81,178$69,485$59,252$50,355$42,666$37,299
16 years$75,316$63,751$53,720$45,087$37,708$32,613
17 years$70,150$58,712$48,883$40,510$33,435$28,602
18 years$65,562$54,253$44,624$36,508$29,729$25,151
19 years$61,463$50,281$40,851$32,988$26,498$22,165
20 years$57,778$46,724$37,491$29,877$23,668$19,573
21 years$54,448$43,521$34,485$27,115$21,180$17,313
22 years$51,425$40,625$31,783$24,654$18,985$15,337
23 years$48,669$37,996$29,346$22,453$17,042$13,604
24 years$46,146$35,600$27,140$20,478$15,318$12,080
25 years$43,829$33,409$25,137$18,702$13,784$10,738
26 years$41,693$31,399$23,313$17,100$12,416$9,554
27 years$39,719$29,550$21,649$15,652$11,194$8,507
28 years$37,889$27,845$20,125$14,341$10,101$7,580
29 years$36,189$26,268$18,728$13,151$9,121$6,758
30 years$34,605$24,808$17,445$12,069$8,241$6,028
31 years$33,126$23,452$16,263$11,085$7,451$5,380
32 years$31,742$22,190$15,174$10,187$6,740$4,804
33 years$30,445$21,014$14,168$9,368$6,099$4,291
34 years$29,226$19,917$13,238$8,619$5,522$3,834
35 years$28,080$18,891$12,376$7,934$5,002$3,426
36 years$27,000$17,930$11,578$7,307$4,532$3,063
37 years$25,981$17,029$10,836$6,733$4,107$2,739
38 years$25,017$16,184$10,148$6,206$3,724$2,450
39 years$24,106$15,389$9,507$5,722$3,377$2,192
40 years$23,242$14,642$8,911$5,278$3,063$1,961
41 years$22,422$13,938$8,356$4,869$2,779$1,755
42 years$21,643$13,274$7,838$4,494$2,521$1,571
43 years$20,903$12,647$7,355$4,148$2,288$1,406
44 years$20,198$12,055$6,904$3,830$2,077$1,259
45 years$19,527$11,496$6,483$3,537$1,886$1,127
46 years$18,886$10,967$6,089$3,268$1,712$1,009
47 years$18,275$10,465$5,720$3,019$1,555$904
48 years$17,691$9,991$5,375$2,790$1,412$809
49 years$17,132$9,541$5,053$2,578$1,282$725
50 years$16,598$9,114$4,750$2,383$1,165$649

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,000,000, adding $3,806 every year, while hoping to spend $52,321 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: 67/6/27 Blend
49$17,000,000$17,000,000$17,000,000$17,000,000
50$18,737,926$17,836,926$17,573,426$19,861,078
51$20,593,525$18,655,266$18,106,467$21,436,176
52$22,636,642$19,511,951$18,655,610$23,151,988
53$24,886,348$20,408,806$19,221,342$25,027,494
54$27,363,658$21,347,740$19,804,159$27,078,469
55$30,091,729$22,330,757$20,404,577$29,322,283
56$33,096,079$23,359,957$21,023,123$31,778,054
57$36,404,824$24,437,540$21,660,343$34,466,833
58$40,048,949$25,565,813$22,316,797$37,411,800
59$44,062,596$26,747,192$22,993,064$40,638,476
60$48,483,388$27,984,211$23,689,739$44,174,965
61$53,352,782$29,279,526$24,407,434$48,052,216
62$58,716,463$30,635,920$25,146,780$52,304,311
63$64,624,773$32,056,311$25,908,428$56,968,784
64$71,133,187$33,543,757$26,693,047$62,086,975
65$78,302,834$35,101,463$27,501,327$67,704,411
66$86,201,078$36,732,790$28,333,976$73,871,241
67$94,902,151$38,441,260$29,191,727$80,642,697
68$104,487,853$40,230,564$30,075,333$88,079,621
69$115,048,326$42,104,574$30,985,568$96,249,025
70$126,682,902$44,067,345$31,923,232$105,224,732
71$139,501,044$46,123,131$32,889,146$115,088,057
72$153,623,376$48,276,389$33,884,158$125,928,581
73$169,182,822$50,531,794$34,909,139$137,844,984
74$186,325,863$52,894,245$35,964,988$150,945,977
75$205,213,915$55,368,877$37,052,629$165,351,323
76$226,024,856$57,961,074$38,173,014$181,192,961
77$248,954,707$60,676,482$39,327,125$198,616,249
78$274,219,474$63,521,017$40,515,971$217,781,329
79$302,057,197$66,500,882$41,740,592$238,864,636
80$332,730,188$69,622,583$43,002,059$262,060,554
81$366,527,513$72,892,936$44,301,475$287,583,249
82$403,767,720$76,319,090$45,639,975$315,668,684
83$444,801,841$79,908,539$47,018,728$346,576,839
84$490,016,712$83,669,141$48,438,938$380,594,162
85$539,838,620$87,609,132$49,901,845$418,036,261
86$594,737,328$91,737,149$51,408,727$459,250,883
87$655,230,513$96,062,246$52,960,896$504,621,185
88$721,888,647$100,593,918$54,559,708$554,569,346
89$795,340,386$105,342,117$56,206,555$609,560,543
90$876,278,505$110,317,279$57,902,874$670,107,337
91$965,466,433$115,530,347$59,650,141$736,774,500
92$1,063,745,467$120,992,792$61,449,878$810,184,343
93$1,172,042,708$126,716,642$63,303,653$891,022,576
94$1,291,379,817$132,714,510$65,213,078$980,044,777
95$1,422,882,656$138,999,619$67,179,814$1,078,083,511
96$1,567,791,921$145,585,835$69,205,572$1,186,056,183
97$1,727,474,852$152,487,695$71,292,113$1,304,973,688
98$1,903,438,138$159,720,443$73,441,250$1,435,949,942
99$2,097,342,146$167,300,063$75,654,850$1,580,212,388
100$2,311,016,592$175,243,313$77,934,835$1,739,113,569