Can I retire at age 51 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%19.4%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,327,414
2 years$707,237$694,065$681,300$668,923$656,917$605,020
3 years$466,808$453,579$440,846$428,585$416,775$366,726
4 years$346,617$333,429$320,823$308,772$297,248$249,427
5 years$274,521$261,412$248,972$237,166$225,963$180,495
6 years$226,473$213,463$201,206$189,664$178,797$135,713
7 years$192,166$179,266$167,203$155,933$145,410$104,698
8 years$166,448$153,664$141,802$130,808$120,631$82,253
9 years$146,455$133,792$122,134$111,420$101,589$65,490
10 years$130,471$117,931$106,479$96,045$86,559$52,673
11 years$117,401$104,987$93,742$83,588$74,444$42,696
12 years$106,517$94,231$83,194$73,318$64,511$34,820
13 years$97,315$85,157$74,328$64,729$56,255$28,536
14 years$89,434$77,405$66,784$57,459$49,313$23,477
15 years$82,611$70,711$60,297$51,243$43,419$19,375
16 years$76,646$64,876$54,668$45,883$38,374$16,031
17 years$71,388$59,749$49,746$41,225$34,025$13,292
18 years$66,719$55,210$45,412$37,152$30,253$11,040
19 years$62,547$51,168$41,572$33,570$26,965$9,182
20 years$58,797$47,548$38,153$30,404$24,086$7,646
21 years$55,409$44,289$35,093$27,594$21,554$6,373
22 years$52,332$41,342$32,344$25,089$19,320$5,316
23 years$49,527$38,667$29,864$22,849$17,343$4,437
24 years$46,960$36,228$27,619$20,840$15,588$3,706
25 years$44,602$33,998$25,581$19,032$14,027$3,097
26 years$42,429$31,953$23,725$17,402$12,635$2,588
27 years$40,420$30,071$22,031$15,928$11,392$2,164
28 years$38,558$28,336$20,480$14,594$10,279$1,810
29 years$36,827$26,732$19,059$13,383$9,282$1,514
30 years$35,215$25,246$17,752$12,282$8,386$1,267
31 years$33,710$23,865$16,550$11,280$7,582$1,060
32 years$32,302$22,581$15,442$10,367$6,859$887
33 years$30,982$21,385$14,418$9,533$6,207$743
34 years$29,742$20,268$13,471$8,771$5,620$622
35 years$28,576$19,224$12,595$8,074$5,090$521
36 years$27,476$18,246$11,782$7,436$4,612$436
37 years$26,439$17,330$11,028$6,852$4,180$365
38 years$25,459$16,470$10,327$6,315$3,789$306
39 years$24,531$15,661$9,675$5,823$3,436$256
40 years$23,652$14,900$9,069$5,371$3,117$214
41 years$22,818$14,184$8,503$4,955$2,828$179
42 years$22,025$13,508$7,977$4,573$2,566$150
43 years$21,272$12,870$7,485$4,222$2,329$126
44 years$20,555$12,268$7,026$3,898$2,114$105
45 years$19,872$11,699$6,597$3,600$1,919$88
46 years$19,220$11,160$6,196$3,325$1,742$74
47 years$18,598$10,650$5,821$3,072$1,582$62
48 years$18,003$10,167$5,470$2,839$1,437$52
49 years$17,435$9,709$5,142$2,624$1,305$43
50 years$16,891$9,274$4,834$2,425$1,185$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,300,000, adding $5,193 every year, while hoping to spend $56,630 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: 74/20/6 Blend
50$17,300,000$17,300,000$17,300,000$17,300,000
51$19,069,957$18,153,057$17,884,907$20,468,255
52$20,954,838$18,982,302$18,423,797$22,218,458
53$23,030,080$19,850,283$18,978,842$24,127,462
54$25,315,038$20,758,838$19,550,524$26,217,036
55$27,831,043$21,709,892$20,139,337$28,505,007
56$30,601,597$22,705,464$20,745,793$31,010,998
57$33,652,599$23,747,671$21,370,416$33,756,604
58$37,012,587$24,838,730$22,013,748$36,765,598
59$40,713,008$25,980,964$22,676,345$40,064,145
60$44,788,513$27,176,810$23,358,781$43,681,050
61$49,277,287$28,428,819$24,061,646$47,648,024
62$54,221,407$29,739,668$24,785,548$51,999,980
63$59,667,240$31,112,160$25,531,113$56,775,354
64$65,665,877$32,549,235$26,298,984$62,016,470
65$72,273,622$34,053,973$27,089,825$67,769,928
66$79,552,516$35,629,602$27,904,319$74,087,042
67$87,570,927$37,279,508$28,743,168$81,024,319
68$96,404,194$39,007,236$29,607,097$88,643,985
69$106,135,337$40,816,506$30,496,850$97,014,568
70$116,855,841$42,711,214$31,413,193$106,211,537
71$128,666,519$44,695,445$32,356,918$116,318,011
72$141,678,465$46,773,483$33,328,835$127,425,532
73$156,014,100$48,949,816$34,329,783$139,634,927
74$171,808,329$51,229,148$35,360,622$153,057,249
75$189,209,815$53,616,412$36,422,239$167,814,820
76$208,382,379$56,116,779$37,515,547$184,042,373
77$229,506,549$58,735,669$38,641,485$201,888,323
78$252,781,263$61,478,763$39,801,021$221,516,150
79$278,425,747$64,352,017$40,995,150$243,105,942
80$306,681,584$67,361,676$42,224,898$266,856,077
81$337,814,992$70,514,286$43,491,319$292,985,092
82$372,119,343$73,816,707$44,795,500$321,733,732
83$409,917,925$77,276,135$46,138,558$353,367,211
84$451,566,998$80,900,111$47,521,645$388,177,706
85$497,459,157$84,696,540$48,945,945$426,487,102
86$548,027,033$88,673,714$50,412,676$468,650,018
87$603,747,385$92,840,320$51,923,096$515,057,141
88$665,145,593$97,205,471$53,478,494$566,138,901
89$732,800,622$101,778,717$55,080,202$622,369,519
90$807,350,484$106,570,072$56,729,587$684,271,467
91$889,498,264$111,590,037$58,428,059$752,420,388
92$980,018,756$116,849,617$60,177,068$827,450,510
93$1,079,765,775$122,360,355$61,978,106$910,060,617
94$1,189,680,222$128,134,349$63,832,710$1,001,020,629
95$1,310,798,959$134,184,287$65,742,460$1,101,178,847
96$1,444,264,605$140,523,470$67,708,985$1,211,469,946
97$1,591,336,318$147,165,843$69,733,960$1,332,923,773
98$1,753,401,683$154,126,030$71,819,107$1,466,675,053
99$1,931,989,810$161,419,361$73,966,203$1,613,974,071
100$2,128,785,773$169,061,911$76,177,073$1,776,198,457