Can I retire at age 51 with 17,300,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%12.6%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,364,552
2 years$707,237$694,065$681,300$668,923$656,917$641,840
3 years$466,808$453,579$440,846$428,585$416,775$402,063
4 years$346,617$333,429$320,823$308,772$297,248$283,014
5 years$274,521$261,412$248,972$237,166$225,963$212,249
6 years$226,473$213,463$201,206$189,664$178,797$165,620
7 years$192,166$179,266$167,203$155,933$145,410$132,775
8 years$166,448$153,664$141,802$130,808$120,631$108,538
9 years$146,455$133,792$122,134$111,420$101,589$90,033
10 years$130,471$117,931$106,479$96,045$86,559$75,532
11 years$117,401$104,987$93,742$83,588$74,444$63,937
12 years$106,517$94,231$83,194$73,318$64,511$54,514
13 years$97,315$85,157$74,328$64,729$56,255$46,755
14 years$89,434$77,405$66,784$57,459$49,313$40,297
15 years$82,611$70,711$60,297$51,243$43,419$34,873
16 years$76,646$64,876$54,668$45,883$38,374$30,283
17 years$71,388$59,749$49,746$41,225$34,025$26,375
18 years$66,719$55,210$45,412$37,152$30,253$23,028
19 years$62,547$51,168$41,572$33,570$26,965$20,149
20 years$58,797$47,548$38,153$30,404$24,086$17,663
21 years$55,409$44,289$35,093$27,594$21,554$15,508
22 years$52,332$41,342$32,344$25,089$19,320$13,635
23 years$49,527$38,667$29,864$22,849$17,343$12,003
24 years$46,960$36,228$27,619$20,840$15,588$10,577
25 years$44,602$33,998$25,581$19,032$14,027$9,329
26 years$42,429$31,953$23,725$17,402$12,635$8,235
27 years$40,420$30,071$22,031$15,928$11,392$7,275
28 years$38,558$28,336$20,480$14,594$10,279$6,430
29 years$36,827$26,732$19,059$13,383$9,282$5,687
30 years$35,215$25,246$17,752$12,282$8,386$5,032
31 years$33,710$23,865$16,550$11,280$7,582$4,454
32 years$32,302$22,581$15,442$10,367$6,859$3,944
33 years$30,982$21,385$14,418$9,533$6,207$3,494
34 years$29,742$20,268$13,471$8,771$5,620$3,096
35 years$28,576$19,224$12,595$8,074$5,090$2,744
36 years$27,476$18,246$11,782$7,436$4,612$2,433
37 years$26,439$17,330$11,028$6,852$4,180$2,157
38 years$25,459$16,470$10,327$6,315$3,789$1,913
39 years$24,531$15,661$9,675$5,823$3,436$1,697
40 years$23,652$14,900$9,069$5,371$3,117$1,505
41 years$22,818$14,184$8,503$4,955$2,828$1,336
42 years$22,025$13,508$7,977$4,573$2,566$1,185
43 years$21,272$12,870$7,485$4,222$2,329$1,052
44 years$20,555$12,268$7,026$3,898$2,114$933
45 years$19,872$11,699$6,597$3,600$1,919$828
46 years$19,220$11,160$6,196$3,325$1,742$735
47 years$18,598$10,650$5,821$3,072$1,582$653
48 years$18,003$10,167$5,470$2,839$1,437$579
49 years$17,435$9,709$5,142$2,624$1,305$514
50 years$16,891$9,274$4,834$2,425$1,185$457

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 $5,291 every year, while hoping to spend $31,657 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: 46/37/17 Blend
50$17,300,000$17,300,000$17,300,000$17,300,000
51$19,070,058$18,153,158$17,885,008$19,854,699
52$20,981,521$19,008,980$18,450,473$21,257,946
53$23,086,892$19,905,676$19,033,820$22,775,802
54$25,405,917$20,845,216$19,635,614$24,421,836
55$27,960,353$21,829,664$20,256,440$26,207,980
56$30,774,178$22,861,186$20,896,899$28,147,337
57$33,873,811$23,942,051$21,557,613$30,254,288
58$37,288,368$25,074,640$22,239,221$32,544,630
59$41,049,932$26,261,448$22,942,385$35,035,710
60$45,193,857$27,505,091$23,667,787$37,746,586
61$49,759,102$28,808,312$24,416,130$40,698,197
62$54,788,600$30,173,989$25,188,140$43,913,547
63$60,329,660$31,605,137$25,984,566$47,417,923
64$66,434,416$33,104,920$26,806,179$51,239,115
65$73,160,317$34,676,652$27,653,777$55,407,673
66$80,570,673$36,323,811$28,528,182$59,957,183
67$88,735,247$38,050,042$29,430,241$64,924,575
68$97,730,918$39,859,170$30,360,830$70,350,456
69$107,642,404$41,755,203$31,320,850$76,279,488
70$118,563,065$43,742,343$32,311,234$82,760,791
71$130,595,778$45,824,999$33,332,942$89,848,396
72$143,853,916$48,007,792$34,386,964$97,601,740
73$158,462,411$50,295,570$35,474,323$106,086,217
74$174,558,938$52,693,413$36,596,073$115,373,773
75$192,295,211$55,206,652$37,753,303$125,543,576
76$211,838,419$57,840,874$38,947,135$136,682,743
77$233,372,800$60,601,939$40,178,726$148,887,146
78$257,101,385$63,495,993$41,449,272$162,262,301
79$283,247,908$66,529,479$42,760,006$176,924,341
80$312,058,926$69,709,155$44,112,197$193,001,096
81$343,806,139$73,042,107$45,507,158$210,633,279
82$378,788,960$76,535,764$46,946,243$229,975,788
83$417,337,339$80,197,921$48,430,846$251,199,153
84$459,814,876$84,036,749$49,962,409$274,491,114
85$506,622,261$88,060,816$51,542,417$300,058,377
86$558,201,046$92,279,111$53,172,402$328,128,530
87$615,037,821$96,701,056$54,853,946$358,952,173
88$677,668,806$101,336,535$56,588,680$392,805,246
89$746,684,911$106,195,912$58,378,288$429,991,614
90$822,737,316$111,290,055$60,224,505$470,845,897
91$906,543,618$116,630,364$62,129,122$515,736,598
92$998,894,607$122,228,792$64,093,987$565,069,547
93$1,100,661,729$128,097,874$66,121,007$619,291,700
94$1,212,805,312$134,250,757$68,212,148$678,895,315
95$1,336,383,638$140,701,228$70,369,439$744,422,562
96$1,472,562,927$147,463,746$72,594,973$816,470,604
97$1,622,628,350$154,553,475$74,890,909$895,697,183
98$1,787,996,163$161,986,316$77,259,476$982,826,791
99$1,970,227,074$169,778,947$79,702,970$1,078,657,461
100$2,171,040,979$177,948,860$82,223,764$1,184,068,248