Can I retire at age 51 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%14.7%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,337,140
2 years$699,060$686,041$673,423$661,189$649,323$622,795
3 years$461,411$448,335$435,749$423,630$411,957$386,166
4 years$342,609$329,574$317,114$305,202$293,811$268,955
5 years$271,347$258,390$246,093$234,424$223,351$199,501
6 years$223,855$210,995$198,880$187,471$176,730$153,912
7 years$189,945$177,193$165,270$154,130$143,729$121,949
8 years$164,524$151,887$140,162$129,296$119,237$98,489
9 years$144,762$132,245$120,722$110,132$100,415$80,685
10 years$128,962$116,568$105,248$94,934$85,558$66,829
11 years$116,044$103,773$92,659$82,621$73,583$55,831
12 years$105,286$93,141$82,232$72,470$63,765$46,966
13 years$96,190$84,173$73,469$63,980$55,605$39,730
14 years$88,400$76,511$66,012$56,794$48,743$33,764
15 years$81,655$69,894$59,600$50,651$42,917$28,802
16 years$75,759$64,126$54,036$45,352$37,930$24,648
17 years$70,563$59,058$49,171$40,749$33,631$21,149
18 years$65,948$54,572$44,887$36,723$29,904$18,188
19 years$61,824$50,577$41,092$33,182$26,654$15,671
20 years$58,117$46,998$37,712$30,053$23,808$13,525
21 years$54,768$43,777$34,688$27,275$21,305$11,688
22 years$51,727$40,864$31,970$24,799$19,097$10,113
23 years$48,955$38,220$29,519$22,585$17,143$8,759
24 years$46,417$35,809$27,300$20,599$15,408$7,593
25 years$44,086$33,605$25,285$18,812$13,865$6,588
26 years$41,938$31,584$23,451$17,201$12,489$5,719
27 years$39,953$29,724$21,776$15,744$11,260$4,967
28 years$38,112$28,009$20,244$14,425$10,160$4,317
29 years$36,402$26,423$18,838$13,228$9,174$3,753
30 years$34,808$24,954$17,547$12,140$8,290$3,264
31 years$33,320$23,589$16,359$11,150$7,495$2,840
32 years$31,928$22,320$15,263$10,247$6,779$2,471
33 years$30,624$21,138$14,251$9,423$6,135$2,151
34 years$29,398$20,034$13,315$8,670$5,555$1,873
35 years$28,245$19,002$12,449$7,981$5,031$1,631
36 years$27,159$18,035$11,646$7,350$4,559$1,420
37 years$26,133$17,130$10,900$6,772$4,132$1,237
38 years$25,164$16,279$10,208$6,242$3,746$1,078
39 years$24,247$15,480$9,563$5,756$3,397$939
40 years$23,378$14,728$8,964$5,309$3,081$818
41 years$22,554$14,020$8,405$4,898$2,795$713
42 years$21,771$13,352$7,884$4,520$2,536$621
43 years$21,026$12,722$7,398$4,173$2,302$541
44 years$20,317$12,126$6,945$3,853$2,089$472
45 years$19,642$11,564$6,521$3,558$1,897$411
46 years$18,998$11,031$6,125$3,287$1,722$358
47 years$18,383$10,527$5,754$3,037$1,564$312
48 years$17,795$10,049$5,407$2,806$1,420$272
49 years$17,233$9,597$5,082$2,593$1,290$237
50 years$16,696$9,167$4,778$2,397$1,172$207

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,100,000, adding $4,265 every year, while hoping to spend $32,923 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: 84/8/8 Blend
50$17,100,000$17,100,000$17,100,000$17,100,000
51$18,848,599$17,942,299$17,677,249$20,414,638
52$20,736,127$18,786,442$18,234,407$22,282,429
53$22,815,078$19,670,845$18,809,127$24,328,712
54$25,104,945$20,597,445$19,401,961$26,575,276
55$27,627,204$21,568,274$20,013,481$29,042,222
56$30,405,522$22,585,463$20,644,276$31,751,684
57$33,465,980$23,651,245$21,294,954$34,728,042
58$36,837,315$24,767,961$21,966,141$37,998,147
59$40,551,198$25,938,068$22,658,483$41,591,575
60$44,642,526$27,164,139$23,372,648$45,540,901
61$49,149,755$28,448,873$24,109,323$49,882,007
62$54,115,263$29,795,101$24,869,218$54,654,416
63$59,585,748$31,205,789$25,653,065$59,901,667
64$65,612,670$32,684,049$26,461,619$65,671,718
65$72,252,737$34,233,142$27,295,658$72,017,402
66$79,568,440$35,856,490$28,155,986$78,996,917
67$87,628,641$37,557,678$29,043,432$86,674,379
68$96,509,226$39,340,467$29,958,850$95,120,419
69$106,293,818$41,208,801$30,903,122$104,412,851
70$117,074,568$43,166,814$31,877,158$114,637,398
71$128,953,027$45,218,841$32,881,896$125,888,506
72$142,041,100$47,369,428$33,918,303$138,270,224
73$156,462,104$49,623,341$34,987,378$151,897,188
74$172,351,934$51,985,581$36,090,151$166,895,697
75$189,860,344$54,461,387$37,227,684$183,404,905
76$209,152,360$57,056,255$38,401,072$201,578,123
77$230,409,838$59,775,950$39,611,446$221,584,270
78$253,833,184$62,626,513$40,859,971$243,609,461
79$279,643,239$65,614,283$42,147,850$267,858,756
80$308,083,370$68,745,904$43,476,324$294,558,096
81$339,421,766$72,028,345$44,846,673$323,956,428
82$373,953,965$75,468,913$46,260,216$356,328,048
83$412,005,651$79,075,271$47,718,314$391,975,192
84$453,935,722$82,855,454$49,222,373$431,230,876
85$500,139,684$86,817,890$50,773,841$474,462,037
86$551,053,380$90,971,414$52,374,212$522,072,993
87$607,157,105$95,325,294$54,025,029$574,509,248
88$668,980,143$99,889,246$55,727,881$632,261,698
89$737,105,761$104,673,463$57,484,408$695,871,252
90$812,176,715$109,688,629$59,296,302$765,933,934
91$894,901,321$114,945,953$61,165,309$843,106,502
92$986,060,138$120,457,187$63,093,230$928,112,641
93$1,086,513,340$126,234,657$65,081,920$1,021,749,783
94$1,197,208,832$132,291,287$67,133,296$1,124,896,629
95$1,319,191,205$138,640,632$69,249,334$1,238,521,438
96$1,453,611,594$145,296,909$71,432,072$1,363,691,153
97$1,601,738,542$152,275,023$73,683,613$1,501,581,466
98$1,764,969,985$159,590,610$76,006,125$1,653,487,908
99$1,944,846,439$167,260,066$78,401,845$1,820,838,067
100$2,143,065,551$175,300,584$80,873,082$2,005,205,054