Can I retire at age 50 with 17,100,000?

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 $17,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,322,047
2 years$699,060$686,041$673,423$661,189$649,323$607,838
3 years$461,411$448,335$435,749$423,630$411,957$371,818
4 years$342,609$329,574$317,114$305,202$293,811$255,327
5 years$271,347$258,390$246,093$234,424$223,351$186,625
6 years$223,855$210,995$198,880$187,471$176,730$141,795
7 years$189,945$177,193$165,270$154,130$143,729$110,582
8 years$164,524$151,887$140,162$129,296$119,237$87,858
9 years$144,762$132,245$120,722$110,132$100,415$70,770
10 years$128,962$116,568$105,248$94,934$85,558$57,606
11 years$116,044$103,773$92,659$82,621$73,583$47,273
12 years$105,286$93,141$82,232$72,470$63,765$39,044
13 years$96,190$84,173$73,469$63,980$55,605$32,414
14 years$88,400$76,511$66,012$56,794$48,743$27,023
15 years$81,655$69,894$59,600$50,651$42,917$22,605
16 years$75,759$64,126$54,036$45,352$37,930$18,962
17 years$70,563$59,058$49,171$40,749$33,631$15,943
18 years$65,948$54,572$44,887$36,723$29,904$13,431
19 years$61,824$50,577$41,092$33,182$26,654$11,333
20 years$58,117$46,998$37,712$30,053$23,808$9,575
21 years$54,768$43,777$34,688$27,275$21,305$8,099
22 years$51,727$40,864$31,970$24,799$19,097$6,857
23 years$48,955$38,220$29,519$22,585$17,143$5,810
24 years$46,417$35,809$27,300$20,599$15,408$4,926
25 years$44,086$33,605$25,285$18,812$13,865$4,179
26 years$41,938$31,584$23,451$17,201$12,489$3,547
27 years$39,953$29,724$21,776$15,744$11,260$3,012
28 years$38,112$28,009$20,244$14,425$10,160$2,559
29 years$36,402$26,423$18,838$13,228$9,174$2,174
30 years$34,808$24,954$17,547$12,140$8,290$1,848
31 years$33,320$23,589$16,359$11,150$7,495$1,571
32 years$31,928$22,320$15,263$10,247$6,779$1,335
33 years$30,624$21,138$14,251$9,423$6,135$1,135
34 years$29,398$20,034$13,315$8,670$5,555$966
35 years$28,245$19,002$12,449$7,981$5,031$821
36 years$27,159$18,035$11,646$7,350$4,559$699
37 years$26,133$17,130$10,900$6,772$4,132$594
38 years$25,164$16,279$10,208$6,242$3,746$506
39 years$24,247$15,480$9,563$5,756$3,397$430
40 years$23,378$14,728$8,964$5,309$3,081$366
41 years$22,554$14,020$8,405$4,898$2,795$311
42 years$21,771$13,352$7,884$4,520$2,536$265
43 years$21,026$12,722$7,398$4,173$2,302$225
44 years$20,317$12,126$6,945$3,853$2,089$192
45 years$19,642$11,564$6,521$3,558$1,897$163
46 years$18,998$11,031$6,125$3,287$1,722$139
47 years$18,383$10,527$5,754$3,037$1,564$118
48 years$17,795$10,049$5,407$2,806$1,420$101
49 years$17,233$9,597$5,082$2,593$1,290$86
50 years$16,696$9,167$4,778$2,397$1,172$73

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,100,000, adding $5,891 every year, while hoping to spend $34,922 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: 83/7/10 Blend
49$17,100,000$17,100,000$17,100,000$17,100,000
50$18,850,277$17,943,977$17,678,927$20,385,782
51$20,735,848$18,786,075$18,234,014$22,233,595
52$22,812,577$19,668,265$18,806,526$24,257,152
53$25,099,926$20,592,476$19,397,010$26,478,300
54$27,619,338$21,560,727$20,006,030$28,916,860
55$30,394,447$22,575,138$20,634,168$31,594,664
56$33,451,291$23,637,931$21,282,023$34,535,755
57$36,818,566$24,751,433$21,950,215$37,766,615
58$40,527,894$25,918,087$22,639,381$41,316,410
59$44,614,119$27,140,454$23,350,180$45,217,269
60$49,115,639$28,421,215$24,083,291$49,504,580
61$54,074,766$29,763,187$24,839,413$54,217,323
62$59,538,129$31,169,320$25,619,270$59,398,439
63$65,557,108$32,642,707$26,423,606$65,095,228
64$72,188,325$34,186,592$27,253,189$71,359,797
65$79,494,175$35,804,375$28,108,811$78,249,548
66$87,543,414$37,499,623$28,991,289$85,827,716
67$96,411,812$39,276,074$29,901,467$94,163,967
68$106,182,864$41,137,649$30,840,214$103,335,048
69$116,948,580$43,088,458$31,808,425$113,425,512
70$128,810,354$45,132,811$32,807,026$124,528,512
71$141,879,919$47,275,228$33,836,971$136,746,676
72$156,280,404$49,520,446$34,899,242$150,193,074
73$172,147,492$51,873,436$35,994,854$164,992,282
74$189,630,708$54,339,406$37,124,853$181,281,554
75$208,894,824$56,923,820$38,290,319$199,212,113
76$230,121,416$59,632,407$39,492,364$218,950,575
77$253,510,578$62,471,173$40,732,137$240,680,520
78$279,282,814$65,446,417$42,010,820$264,604,217
79$307,681,113$68,564,744$43,329,635$290,944,531
80$338,973,250$71,833,080$44,689,841$319,947,023
81$373,454,308$75,258,687$46,092,737$351,882,262
82$411,449,466$78,849,181$47,539,662$387,048,374
83$453,317,069$82,612,548$49,031,998$425,773,853
84$499,452,009$86,557,163$50,571,170$468,420,652
85$550,289,457$90,691,806$52,158,646$515,387,603
86$606,308,964$95,025,688$53,795,944$567,114,164
87$668,038,995$99,568,464$55,484,625$624,084,573
88$736,061,916$104,330,261$57,226,302$686,832,405
89$811,019,486$109,321,699$59,022,639$755,945,606
90$893,618,925$114,553,914$60,875,349$832,072,036
91$984,639,584$120,038,584$62,786,202$915,925,577
92$1,084,940,304$125,787,956$64,757,021$1,008,292,863
93$1,195,467,522$131,814,873$66,789,688$1,110,040,703
94$1,317,264,211$138,132,804$68,886,145$1,222,124,251
95$1,451,479,720$144,755,871$71,048,390$1,345,596,015
96$1,599,380,630$151,698,887$73,278,490$1,481,615,786
97$1,762,362,707$158,977,386$75,578,573$1,631,461,579
98$1,941,964,082$166,607,656$77,950,833$1,796,541,682
99$2,139,879,769$174,606,782$80,397,536$1,978,407,946
100$2,357,977,669$182,992,678$82,921,018$2,178,770,424