Can I retire at age 51 with 17,200,000?

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 $17,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$1,420,360$1,407,708$1,395,364$1,383,316$1,371,552$1,341,667
2 years$703,148$690,053$677,361$665,056$653,120$623,161
3 years$464,109$450,957$438,298$426,108$414,366$385,270
4 years$344,613$331,501$318,968$306,987$295,529$267,519
5 years$272,934$259,901$247,533$235,795$224,657$197,812
6 years$225,164$212,229$200,043$188,567$177,763$152,112
7 years$191,055$178,229$166,237$155,032$144,569$120,116
8 years$165,486$152,776$140,982$130,052$119,934$96,671
9 years$145,609$133,019$121,428$110,776$101,002$78,911
10 years$129,717$117,249$105,863$95,490$86,059$65,118
11 years$116,722$104,380$93,200$83,105$74,013$54,196
12 years$105,901$93,686$82,713$72,894$64,138$45,413
13 years$96,753$84,665$73,899$64,354$55,930$38,264
14 years$88,917$76,958$66,398$57,127$49,028$32,385
15 years$82,133$70,302$59,949$50,947$43,168$27,512
16 years$76,202$64,501$54,352$45,617$38,152$23,444
17 years$70,975$59,403$49,458$40,987$33,828$20,030
18 years$66,334$54,891$45,149$36,937$30,078$17,150
19 years$62,186$50,873$41,332$33,376$26,810$14,711
20 years$58,457$47,273$37,932$30,229$23,947$12,639
21 years$55,088$44,033$34,890$27,434$21,430$10,873
22 years$52,030$41,103$32,157$24,944$19,209$9,364
23 years$49,241$38,443$29,691$22,717$17,243$8,073
24 years$46,689$36,019$27,459$20,719$15,498$6,965
25 years$44,344$33,802$25,433$18,922$13,946$6,014
26 years$42,184$31,768$23,588$17,301$12,562$5,196
27 years$40,186$29,898$21,903$15,836$11,326$4,491
28 years$38,335$28,172$20,362$14,509$10,219$3,884
29 years$36,615$26,577$18,949$13,305$9,228$3,360
30 years$35,012$25,100$17,650$12,211$8,338$2,908
31 years$33,515$23,727$16,454$11,215$7,538$2,517
32 years$32,115$22,451$15,352$10,307$6,819$2,180
33 years$30,803$21,261$14,334$9,478$6,171$1,888
34 years$29,570$20,151$13,393$8,721$5,587$1,635
35 years$28,410$19,113$12,522$8,028$5,061$1,417
36 years$27,318$18,141$11,714$7,393$4,585$1,228
37 years$26,286$17,230$10,964$6,812$4,156$1,064
38 years$25,312$16,374$10,267$6,279$3,768$922
39 years$24,389$15,570$9,619$5,789$3,417$799
40 years$23,515$14,814$9,016$5,340$3,099$693
41 years$22,686$14,102$8,454$4,927$2,811$601
42 years$21,898$13,430$7,930$4,547$2,551$521
43 years$21,149$12,796$7,442$4,197$2,315$451
44 years$20,436$12,197$6,985$3,875$2,102$391
45 years$19,757$11,631$6,559$3,579$1,908$339
46 years$19,109$11,096$6,160$3,306$1,732$294
47 years$18,490$10,589$5,788$3,054$1,573$255
48 years$17,899$10,108$5,439$2,822$1,428$221
49 years$17,334$9,653$5,112$2,608$1,297$192
50 years$16,793$9,221$4,806$2,411$1,178$166

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,200,000, adding $4,119 every year, while hoping to spend $23,352 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: 53/30/17 Blend
50$17,200,000$17,200,000$17,200,000$17,200,000
51$18,958,649$18,047,049$17,780,449$19,876,014
52$20,867,585$18,906,508$18,351,247$21,363,872
53$22,970,449$19,807,298$18,940,385$22,979,116
54$25,286,999$20,751,419$19,548,452$24,736,130
55$27,839,003$21,740,969$20,176,056$26,648,394
56$30,650,454$22,778,149$20,823,826$28,730,724
57$33,747,786$23,865,264$21,492,410$30,999,400
58$37,160,132$25,004,734$22,182,478$33,472,315
59$40,919,595$26,199,095$22,894,720$36,169,140
60$45,061,550$27,451,008$23,629,850$39,111,499
61$49,624,982$28,763,261$24,388,603$42,323,167
62$54,652,850$30,138,780$25,171,741$45,830,289
63$60,192,492$31,580,632$25,980,046$49,661,618
64$66,296,077$33,092,034$26,814,328$53,848,777
65$73,021,093$34,676,359$27,675,424$58,426,552
66$80,430,888$36,337,145$28,564,195$63,433,206
67$88,595,275$38,078,101$29,481,531$68,910,838
68$97,591,182$39,903,117$30,428,352$74,905,765
69$107,503,387$41,816,274$31,405,606$81,468,952
70$118,425,311$43,821,850$32,414,272$88,656,482
71$130,459,903$45,924,330$33,455,360$96,530,072
72$143,720,612$48,128,422$34,529,914$105,157,648
73$158,332,459$50,439,059$35,639,011$114,613,972
74$174,433,213$52,861,416$36,783,760$124,981,333
75$192,174,695$55,400,920$37,965,311$136,350,312
76$211,724,211$58,063,262$39,184,846$148,820,627
77$233,266,130$60,854,412$40,443,588$162,502,053
78$257,003,626$63,780,628$41,742,799$177,515,446
79$283,160,593$66,848,476$43,083,780$193,993,870
80$311,983,763$70,064,841$44,467,876$212,083,834
81$343,745,031$73,436,942$45,896,474$231,946,657
82$378,744,024$76,972,352$47,371,006$253,759,974
83$417,310,930$80,679,013$48,892,950$277,719,393
84$459,809,614$84,565,254$50,463,832$304,040,322
85$506,641,052$88,639,808$52,085,228$332,959,982
86$558,247,118$92,911,838$53,758,762$364,739,623
87$615,114,757$97,390,951$55,486,113$399,666,967
88$677,780,577$102,087,222$57,269,013$438,058,902
89$746,835,921$107,011,221$59,109,250$480,264,447
90$822,932,444$112,174,030$61,008,669$526,668,020
91$906,788,269$117,587,273$62,969,175$577,693,041
92$999,194,764$123,263,142$64,992,735$633,805,900
93$1,101,024,017$129,214,422$67,081,378$695,520,326
94$1,213,237,061$135,454,524$69,237,199$763,402,212
95$1,336,892,957$141,997,511$71,462,361$838,074,917
96$1,473,158,785$148,858,135$73,759,096$920,225,120
97$1,623,320,663$156,051,866$76,129,708$1,010,609,267
98$1,788,795,893$163,594,929$78,576,575$1,110,060,669
99$1,971,146,336$171,504,344$81,102,153$1,219,497,336
100$2,172,093,163$179,797,957$83,708,975$1,339,930,596