Can I retire at age 50 with 17,300,000?

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 $17,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,345,085
2 years$707,237$694,065$681,300$668,923$656,917$622,436
3 years$466,808$453,579$440,846$428,585$416,775$383,333
4 years$346,617$333,429$320,823$308,772$297,248$265,101
5 years$274,521$261,412$248,972$237,166$225,963$195,202
6 years$226,473$213,463$201,206$189,664$178,797$149,451
7 years$192,166$179,266$167,203$155,933$145,410$117,483
8 years$166,448$153,664$141,802$130,808$120,631$94,111
9 years$146,455$133,792$122,134$111,420$101,589$76,453
10 years$130,471$117,931$106,479$96,045$86,559$62,778
11 years$117,401$104,987$93,742$83,588$74,444$51,982
12 years$106,517$94,231$83,194$73,318$64,511$43,331
13 years$97,315$85,157$74,328$64,729$56,255$36,315
14 years$89,434$77,405$66,784$57,459$49,313$30,568
15 years$82,611$70,711$60,297$51,243$43,419$25,824
16 years$76,646$64,876$54,668$45,883$38,374$21,881
17 years$71,388$59,749$49,746$41,225$34,025$18,586
18 years$66,719$55,210$45,412$37,152$30,253$15,820
19 years$62,547$51,168$41,572$33,570$26,965$13,490
20 years$58,797$47,548$38,153$30,404$24,086$11,520
21 years$55,409$44,289$35,093$27,594$21,554$9,850
22 years$52,332$41,342$32,344$25,089$19,320$8,430
23 years$49,527$38,667$29,864$22,849$17,343$7,222
24 years$46,960$36,228$27,619$20,840$15,588$6,192
25 years$44,602$33,998$25,581$19,032$14,027$5,312
26 years$42,429$31,953$23,725$17,402$12,635$4,560
27 years$40,420$30,071$22,031$15,928$11,392$3,916
28 years$38,558$28,336$20,480$14,594$10,279$3,365
29 years$36,827$26,732$19,059$13,383$9,282$2,892
30 years$35,215$25,246$17,752$12,282$8,386$2,486
31 years$33,710$23,865$16,550$11,280$7,582$2,138
32 years$32,302$22,581$15,442$10,367$6,859$1,839
33 years$30,982$21,385$14,418$9,533$6,207$1,582
34 years$29,742$20,268$13,471$8,771$5,620$1,361
35 years$28,576$19,224$12,595$8,074$5,090$1,172
36 years$27,476$18,246$11,782$7,436$4,612$1,008
37 years$26,439$17,330$11,028$6,852$4,180$868
38 years$25,459$16,470$10,327$6,315$3,789$747
39 years$24,531$15,661$9,675$5,823$3,436$643
40 years$23,652$14,900$9,069$5,371$3,117$554
41 years$22,818$14,184$8,503$4,955$2,828$477
42 years$22,025$13,508$7,977$4,573$2,566$411
43 years$21,272$12,870$7,485$4,222$2,329$354
44 years$20,555$12,268$7,026$3,898$2,114$304
45 years$19,872$11,699$6,597$3,600$1,919$262
46 years$19,220$11,160$6,196$3,325$1,742$226
47 years$18,598$10,650$5,821$3,072$1,582$194
48 years$18,003$10,167$5,470$2,839$1,437$167
49 years$17,435$9,709$5,142$2,624$1,305$144
50 years$16,891$9,274$4,834$2,425$1,185$124

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,300,000, adding $3,314 every year, while hoping to spend $51,383 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: 39/31/30 Blend
49$17,300,000$17,300,000$17,300,000$17,300,000
50$19,068,018$18,151,118$17,882,968$19,642,007
51$20,958,285$18,985,852$18,427,377$20,898,424
52$23,039,637$19,859,766$18,988,301$22,251,162
53$25,331,510$20,774,724$19,566,239$23,713,004
54$27,855,322$21,732,684$20,161,706$25,293,950
55$30,634,673$22,735,693$20,775,231$27,004,975
56$33,695,568$23,785,901$21,407,360$28,858,121
57$37,066,664$24,885,557$22,058,654$30,866,612
58$40,779,536$26,037,023$22,729,692$33,044,966
59$44,868,982$27,242,770$23,421,069$35,409,126
60$49,373,345$28,505,392$24,133,401$37,976,605
61$54,334,875$29,827,606$24,867,320$40,766,642
62$59,800,134$31,212,259$25,623,476$43,800,375
63$65,820,426$32,662,339$26,402,542$47,101,034
64$72,452,290$34,180,974$27,205,207$50,694,151
65$79,758,027$35,771,445$28,032,185$54,607,787
66$87,806,290$37,437,190$28,884,207$58,872,796
67$96,672,734$39,181,814$29,762,030$63,523,098
68$106,440,726$41,009,097$30,666,432$68,595,993
69$117,202,136$42,922,999$31,598,213$74,132,502
70$129,058,200$44,927,672$32,558,200$80,177,740
71$142,120,478$47,027,469$33,547,241$86,781,334
72$156,511,906$49,226,955$34,566,213$93,997,873
73$172,367,957$51,530,912$35,616,018$101,887,417
74$189,837,918$53,944,356$36,697,584$110,516,046
75$209,086,301$56,472,544$37,811,868$119,956,469
76$230,294,393$59,120,989$38,959,855$130,288,700
77$253,661,971$61,895,467$40,142,560$141,600,791
78$279,409,185$64,802,038$41,361,029$153,989,654
79$307,778,637$67,847,052$42,616,338$167,561,952
80$339,037,668$71,037,168$43,909,595$182,435,094
81$373,480,887$74,379,367$45,241,944$198,738,320
82$411,432,948$77,880,966$46,614,560$216,613,905
83$453,251,615$81,549,640$48,028,654$236,218,481
84$499,331,140$85,393,433$49,485,474$257,724,491
85$550,105,984$89,420,779$50,986,305$281,321,801
86$606,054,919$93,640,521$52,532,471$307,219,462
87$667,705,547$98,061,932$54,125,334$335,647,666
88$735,639,278$102,694,733$55,766,299$366,859,889
89$810,496,825$107,549,115$57,456,810$401,135,257
90$892,984,245$112,635,766$59,198,357$438,781,159
91$983,879,610$117,965,890$60,992,474$480,136,113
92$1,084,040,347$123,551,236$62,840,739$525,572,935
93$1,194,411,337$129,404,121$64,744,779$575,502,227
94$1,316,033,834$135,537,463$66,706,269$630,376,216
95$1,450,055,289$141,964,804$68,726,933$690,692,996
96$1,597,740,193$148,700,343$70,808,549$757,001,187
97$1,760,482,003$155,758,970$72,952,947$829,905,080
98$1,939,816,306$163,156,298$75,162,009$910,070,300
99$2,137,435,309$170,908,697$77,437,676$998,230,050
100$2,355,203,820$179,033,333$79,781,948$1,095,191,988