Can I retire at age 50 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,386,773
2 years$727,677$714,125$700,990$688,256$675,903$643,216
3 years$480,299$466,688$453,587$440,972$428,821$397,090
4 years$356,634$343,065$330,095$317,696$305,839$275,310
5 years$282,455$268,967$256,167$244,021$232,494$203,252
6 years$233,018$219,632$207,021$195,145$183,964$156,040
7 years$197,720$184,447$172,036$160,440$149,612$123,009
8 years$171,259$158,105$145,900$134,589$124,118$98,826
9 years$150,688$137,659$125,664$114,640$104,525$80,526
10 years$134,242$121,339$109,556$98,821$89,061$66,327
11 years$120,794$108,021$96,452$86,004$76,595$55,097
12 years$109,596$96,954$85,598$75,437$66,376$46,078
13 years$100,128$87,618$76,477$66,599$57,881$38,746
14 years$92,019$79,643$68,715$59,119$50,738$32,727
15 years$84,998$72,755$62,040$52,724$44,674$27,744
16 years$78,861$66,751$56,248$47,209$39,483$23,592
17 years$73,451$61,475$51,184$42,417$35,008$20,112
18 years$68,648$56,806$46,724$38,226$31,128$17,182
19 years$64,355$52,647$42,774$34,540$27,745$14,706
20 years$60,497$48,922$39,256$31,283$24,782$12,606
21 years$57,010$45,569$36,108$28,391$22,177$10,820
22 years$53,845$42,537$33,279$25,814$19,879$9,297
23 years$50,959$39,784$30,727$23,510$17,844$7,996
24 years$48,317$37,275$28,417$21,442$16,039$6,882
25 years$45,891$34,981$26,320$19,582$14,433$5,928
26 years$43,655$32,876$24,411$17,905$13,000$5,109
27 years$41,588$30,941$22,667$16,389$11,721$4,406
28 years$39,672$29,155$21,072$15,016$10,576$3,801
29 years$37,892$27,505$19,610$13,770$9,550$3,280
30 years$36,233$25,975$18,266$12,637$8,629$2,832
31 years$34,684$24,555$17,028$11,606$7,801$2,445
32 years$33,235$23,234$15,888$10,666$7,057$2,112
33 years$31,877$22,003$14,835$9,809$6,386$1,825
34 years$30,602$20,854$13,861$9,025$5,782$1,577
35 years$29,401$19,780$12,959$8,308$5,237$1,362
36 years$28,271$18,774$12,122$7,651$4,745$1,178
37 years$27,203$17,831$11,346$7,050$4,301$1,018
38 years$26,195$16,946$10,625$6,498$3,899$880
39 years$25,240$16,114$9,955$5,991$3,536$761
40 years$24,335$15,331$9,331$5,526$3,207$658
41 years$23,477$14,593$8,749$5,099$2,909$569
42 years$22,662$13,898$8,207$4,705$2,640$492
43 years$21,887$13,242$7,701$4,344$2,396$425
44 years$21,149$12,623$7,229$4,011$2,175$368
45 years$20,446$12,037$6,788$3,704$1,974$318
46 years$19,775$11,483$6,375$3,421$1,793$275
47 years$19,135$10,958$5,989$3,161$1,628$238
48 years$18,524$10,461$5,628$2,921$1,478$206
49 years$17,939$9,990$5,290$2,699$1,343$178
50 years$17,379$9,542$4,974$2,495$1,220$154

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,800,000, adding $5,046 every year, while hoping to spend $52,344 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: 61/11/28 Blend
49$17,800,000$17,800,000$17,800,000$17,800,000
50$19,620,805$18,677,405$18,401,505$20,669,310
51$21,566,433$19,536,904$18,962,262$22,243,338
52$23,708,762$20,436,765$19,540,050$23,954,625
53$26,067,798$21,378,908$20,135,384$25,821,547
54$28,665,589$22,365,351$20,748,795$27,859,312
55$31,526,429$23,398,203$21,380,830$30,084,654
56$34,677,090$24,479,680$22,032,052$32,515,986
57$38,147,069$25,612,100$22,703,041$35,173,574
58$41,968,872$26,797,895$23,394,396$38,079,722
59$46,178,320$28,039,615$24,106,731$41,258,982
60$50,814,883$29,339,930$24,840,681$44,738,380
61$55,922,056$30,701,642$25,596,899$48,547,665
62$61,547,769$32,127,686$26,376,058$52,719,590
63$67,744,837$33,621,138$27,178,852$57,290,215
64$74,571,460$35,185,224$28,005,993$62,299,241
65$82,091,774$36,823,324$28,858,218$67,790,386
66$90,376,451$38,538,983$29,736,285$73,811,785
67$99,503,372$40,335,916$30,640,973$80,416,446
68$109,558,357$42,218,017$31,573,087$87,662,740
69$120,635,978$44,189,369$32,533,454$95,614,953
70$132,840,451$46,254,251$33,522,928$104,343,880
71$146,286,617$48,417,150$34,542,387$113,927,494
72$161,101,031$50,682,768$35,592,735$124,451,669
73$177,423,149$53,056,038$36,674,905$136,010,993
74$195,406,653$55,542,126$37,789,857$148,709,646
75$215,220,894$58,146,453$38,938,580$162,662,381
76$237,052,495$60,874,698$40,122,091$177,995,601
77$261,107,109$63,732,819$41,341,442$194,848,541
78$287,611,365$66,727,057$42,597,711$213,374,579
79$316,815,002$69,863,961$43,892,012$233,742,672
80$348,993,229$73,150,392$45,225,491$256,138,945
81$384,449,323$76,593,546$46,599,330$280,768,439
82$423,517,490$80,200,966$48,014,743$307,857,038
83$466,566,022$83,980,561$49,472,985$337,653,589
84$514,000,771$87,940,623$50,975,345$370,432,245
85$566,268,983$92,089,847$52,523,152$406,495,041
86$623,863,516$96,437,346$54,117,774$446,174,736
87$687,327,497$100,992,679$55,760,622$489,837,940
88$757,259,447$105,765,864$57,453,148$537,888,568
89$834,318,928$110,767,409$59,196,846$590,771,638
90$919,232,775$116,008,329$60,993,257$648,977,459
91$1,012,801,954$121,500,173$62,843,967$713,046,247
92$1,115,909,124$127,255,052$64,750,611$783,573,216
93$1,229,526,968$133,285,663$66,714,870$861,214,175
94$1,354,727,379$139,605,321$68,738,477$946,691,708
95$1,492,691,574$146,227,984$70,823,219$1,040,801,984
96$1,644,721,250$153,168,291$72,970,932$1,144,422,248
97$1,812,250,870$160,441,589$75,183,511$1,258,519,097
98$1,996,861,204$168,063,973$77,462,904$1,384,157,576
99$2,200,294,257$176,052,317$79,811,121$1,522,511,225
100$2,424,469,707$184,424,316$82,230,229$1,674,873,131