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%13.5%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,359,472
2 years$707,237$694,065$681,300$668,923$656,917$636,755
3 years$466,808$453,579$440,846$428,585$416,775$397,132
4 years$346,617$333,429$320,823$308,772$297,248$278,275
5 years$274,521$261,412$248,972$237,166$225,963$207,715
6 years$226,473$213,463$201,206$189,664$178,797$161,296
7 years$192,166$179,266$167,203$155,933$145,410$128,661
8 years$166,448$153,664$141,802$130,808$120,631$104,633
9 years$146,455$133,792$122,134$111,420$101,589$86,334
10 years$130,471$117,931$106,479$96,045$86,559$72,034
11 years$117,401$104,987$93,742$83,588$74,444$60,636
12 years$106,517$94,231$83,194$73,318$64,511$51,403
13 years$97,315$85,157$74,328$64,729$56,255$43,829
14 years$89,434$77,405$66,784$57,459$49,313$37,549
15 years$82,611$70,711$60,297$51,243$43,419$32,297
16 years$76,646$64,876$54,668$45,883$38,374$27,872
17 years$71,388$59,749$49,746$41,225$34,025$24,121
18 years$66,719$55,210$45,412$37,152$30,253$20,925
19 years$62,547$51,168$41,572$33,570$26,965$18,190
20 years$58,797$47,548$38,153$30,404$24,086$15,839
21 years$55,409$44,289$35,093$27,594$21,554$13,814
22 years$52,332$41,342$32,344$25,089$19,320$12,063
23 years$49,527$38,667$29,864$22,849$17,343$10,545
24 years$46,960$36,228$27,619$20,840$15,588$9,228
25 years$44,602$33,998$25,581$19,032$14,027$8,082
26 years$42,429$31,953$23,725$17,402$12,635$7,084
27 years$40,420$30,071$22,031$15,928$11,392$6,213
28 years$38,558$28,336$20,480$14,594$10,279$5,452
29 years$36,827$26,732$19,059$13,383$9,282$4,786
30 years$35,215$25,246$17,752$12,282$8,386$4,204
31 years$33,710$23,865$16,550$11,280$7,582$3,694
32 years$32,302$22,581$15,442$10,367$6,859$3,247
33 years$30,982$21,385$14,418$9,533$6,207$2,855
34 years$29,742$20,268$13,471$8,771$5,620$2,510
35 years$28,576$19,224$12,595$8,074$5,090$2,208
36 years$27,476$18,246$11,782$7,436$4,612$1,943
37 years$26,439$17,330$11,028$6,852$4,180$1,710
38 years$25,459$16,470$10,327$6,315$3,789$1,505
39 years$24,531$15,661$9,675$5,823$3,436$1,324
40 years$23,652$14,900$9,069$5,371$3,117$1,166
41 years$22,818$14,184$8,503$4,955$2,828$1,026
42 years$22,025$13,508$7,977$4,573$2,566$904
43 years$21,272$12,870$7,485$4,222$2,329$796
44 years$20,555$12,268$7,026$3,898$2,114$701
45 years$19,872$11,699$6,597$3,600$1,919$617
46 years$19,220$11,160$6,196$3,325$1,742$543
47 years$18,598$10,650$5,821$3,072$1,582$479
48 years$18,003$10,167$5,470$2,839$1,437$422
49 years$17,435$9,709$5,142$2,624$1,305$371
50 years$16,891$9,274$4,834$2,425$1,185$327

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 $4,502 every year, while hoping to spend $40,061 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: 27/50/23 Blend
50$17,300,000$17,300,000$17,300,000$17,300,000
51$19,069,244$18,152,344$17,884,194$19,445,652
52$20,971,682$18,999,184$18,440,690$20,590,977
53$23,066,826$19,886,177$19,014,486$21,816,068
54$25,374,290$20,815,247$19,606,119$23,130,646
55$27,915,687$21,788,414$20,216,143$24,542,330
56$30,714,833$22,807,791$20,845,129$26,059,452
57$33,797,971$23,875,599$21,493,666$27,691,126
58$37,194,022$24,994,161$22,162,362$29,447,318
59$40,934,853$26,165,915$22,851,841$31,338,940
60$45,055,580$27,393,417$23,562,750$33,377,932
61$49,594,900$28,679,346$24,295,754$35,577,372
62$54,595,457$30,026,510$25,051,538$37,951,585
63$60,104,239$31,437,855$25,830,810$40,516,265
64$66,173,028$32,916,466$26,634,299$43,288,610
65$72,858,886$34,465,582$27,462,757$46,287,477
66$80,224,692$36,088,595$28,316,959$49,533,537
67$88,339,737$37,789,063$29,197,704$53,049,464
68$97,280,379$39,570,716$30,105,815$56,860,130
69$107,130,761$41,437,464$31,042,144$60,992,824
70$117,983,607$43,393,408$32,007,564$65,477,494
71$129,941,097$45,442,848$33,002,979$70,347,011
72$143,115,831$47,590,289$34,029,321$75,637,466
73$157,631,890$49,840,458$35,087,548$81,388,483
74$173,626,013$52,198,310$36,178,651$87,643,582
75$191,248,879$54,669,041$37,303,649$94,450,564
76$210,666,538$57,258,097$38,463,594$101,861,943
77$232,061,972$59,971,191$39,659,572$109,935,417
78$255,636,825$62,814,310$40,892,699$118,734,389
79$281,613,305$65,793,736$42,164,128$128,328,545
80$310,236,285$68,916,051$43,475,049$138,794,478
81$341,775,608$72,188,160$44,826,686$150,216,392
82$376,528,642$75,617,302$46,220,302$162,686,861
83$414,823,081$79,211,067$47,657,199$176,307,679
84$457,020,041$82,977,416$49,138,721$191,190,788
85$503,517,469$86,924,692$50,666,252$207,459,297
86$554,753,898$91,061,649$52,241,219$225,248,619
87$611,212,589$95,397,463$53,865,092$244,707,705
88$673,426,090$99,941,757$55,539,391$266,000,419
89$741,981,268$104,704,619$57,265,677$289,307,040
90$817,524,844$109,696,633$59,045,564$314,825,927
91$900,769,502$114,928,891$60,880,714$342,775,347
92$992,500,615$120,413,030$62,772,841$373,395,490
93$1,093,583,658$126,161,249$64,723,712$406,950,689
94$1,204,972,383$132,186,342$66,735,148$443,731,866
95$1,327,717,819$138,501,726$68,809,028$484,059,229
96$1,462,978,194$145,121,468$70,947,288$528,285,235
97$1,612,029,872$152,060,322$73,151,924$576,797,867
98$1,776,279,400$159,333,759$75,424,995$630,024,233
99$1,957,276,787$166,958,002$77,768,621$688,434,537
100$2,156,730,141$174,950,065$80,184,991$752,546,453