Can I retire at age 51 with 17,400,000?

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 $17,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,355,059
2 years$711,325$698,077$685,238$672,789$660,714$628,215
3 years$469,506$456,201$443,394$431,063$419,184$387,642
4 years$348,620$335,356$322,677$310,556$298,966$268,623
5 years$276,108$262,923$250,411$238,537$227,269$198,211
6 years$227,782$214,697$202,369$190,760$179,830$152,087
7 years$193,277$180,302$168,170$156,834$146,250$119,825
8 years$167,410$154,552$142,621$131,564$121,329$96,212
9 years$147,302$134,565$122,840$112,064$102,176$78,349
10 years$131,225$118,613$107,094$96,600$87,059$64,494
11 years$118,079$105,594$94,284$84,071$74,874$53,540
12 years$107,133$94,775$83,675$73,741$64,884$44,747
13 years$97,878$85,649$74,758$65,103$56,580$37,602
14 years$89,951$77,853$67,170$57,791$49,598$31,738
15 years$83,088$71,120$60,646$51,539$43,670$26,887
16 years$77,089$65,251$54,984$46,148$38,596$22,847
17 years$71,800$60,094$50,034$41,463$34,221$19,463
18 years$67,105$55,529$45,674$37,367$30,428$16,616
19 years$62,909$51,464$41,813$33,764$27,121$14,210
20 years$59,137$47,823$38,373$30,580$24,225$12,172
21 years$55,729$44,545$35,296$27,753$21,679$10,439
22 years$52,635$41,581$32,531$25,234$19,432$8,963
23 years$49,814$38,890$30,036$22,981$17,443$7,703
24 years$47,232$36,438$27,779$20,960$15,678$6,625
25 years$44,860$34,195$25,729$19,142$14,108$5,702
26 years$42,674$32,138$23,862$17,502$12,708$4,910
27 years$40,654$30,245$22,158$16,020$11,457$4,231
28 years$38,781$28,500$20,599$14,678$10,338$3,647
29 years$37,040$26,886$19,169$13,460$9,335$3,145
30 years$35,419$25,391$17,855$12,353$8,435$2,712
31 years$33,905$24,003$16,646$11,345$7,626$2,340
32 years$32,489$22,712$15,531$10,427$6,898$2,020
33 years$31,161$21,509$14,501$9,588$6,243$1,743
34 years$29,914$20,385$13,549$8,822$5,652$1,505
35 years$28,741$19,335$12,667$8,121$5,119$1,300
36 years$27,635$18,352$11,850$7,479$4,639$1,122
37 years$26,592$17,430$11,091$6,891$4,204$969
38 years$25,606$16,565$10,387$6,352$3,811$837
39 years$24,673$15,751$9,731$5,857$3,456$723
40 years$23,789$14,986$9,121$5,402$3,135$625
41 years$22,950$14,266$8,553$4,984$2,844$540
42 years$22,153$13,586$8,023$4,600$2,581$466
43 years$21,395$12,945$7,528$4,246$2,342$403
44 years$20,674$12,339$7,066$3,920$2,126$348
45 years$19,986$11,766$6,635$3,621$1,930$301
46 years$19,331$11,225$6,232$3,344$1,752$260
47 years$18,705$10,712$5,855$3,090$1,591$225
48 years$18,107$10,226$5,502$2,855$1,445$194
49 years$17,536$9,765$5,171$2,639$1,312$168
50 years$16,988$9,328$4,862$2,439$1,192$145

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,400,000, adding $3,345 every year, while hoping to spend $33,889 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: 65/17/18 Blend
50$17,400,000$17,400,000$17,400,000$17,400,000
51$19,178,250$18,256,050$17,986,350$20,338,705
52$21,098,374$19,114,539$18,552,835$21,975,754
53$23,213,215$20,013,958$19,137,162$23,759,801
54$25,542,598$20,956,277$19,739,892$25,708,602
55$28,108,369$21,943,561$20,361,605$27,838,282
56$30,934,603$22,977,976$21,002,898$30,166,580
57$34,047,826$24,061,790$21,664,390$32,713,020
58$37,477,272$25,197,386$22,346,714$35,499,083
59$41,255,154$26,387,257$23,050,529$38,548,410
60$45,416,968$27,634,021$23,776,510$41,887,021
61$50,001,831$28,940,421$24,525,356$45,543,554
62$55,052,849$30,309,333$25,297,786$49,549,533
63$60,617,522$31,743,773$26,094,545$53,939,657
64$66,748,195$33,246,902$26,916,397$58,752,129
65$73,502,547$34,822,037$27,764,133$64,029,003
66$80,944,144$36,472,654$28,638,568$69,816,581
67$89,143,030$38,202,398$29,540,544$76,165,845
68$98,176,395$40,015,090$30,470,927$83,132,926
69$108,129,296$41,914,739$31,430,613$90,779,635
70$119,095,469$43,905,547$32,420,523$99,174,034
71$131,178,207$45,991,918$33,441,611$108,391,075
72$144,491,337$48,178,475$34,494,857$118,513,299
73$159,160,294$50,470,061$35,581,276$129,631,608
74$175,323,306$52,871,756$36,701,911$141,846,115
75$193,132,699$55,388,887$37,857,840$155,267,081
76$212,756,331$58,027,040$39,050,174$170,015,948
77$234,379,183$60,792,071$40,280,061$186,226,473
78$258,205,099$63,690,122$41,548,683$204,045,988
79$284,458,715$66,727,634$42,857,260$223,636,772
80$313,387,576$69,911,360$44,207,050$245,177,582
81$345,264,474$73,248,381$45,599,351$268,865,323
82$380,390,023$76,746,125$47,035,502$294,916,899
83$419,095,498$80,412,378$48,516,885$323,571,248
84$461,745,962$84,255,307$50,044,923$355,091,585
85$508,743,708$88,283,475$51,621,086$389,767,874
86$560,532,064$92,505,863$53,246,890$427,919,555
87$617,599,571$96,931,888$54,923,898$469,898,541
88$680,484,602$101,571,424$56,653,722$516,092,527
89$749,780,436$106,434,829$58,438,027$566,928,638
90$826,140,867$111,532,963$60,278,528$622,877,442
91$910,286,372$116,877,214$62,176,995$684,457,377
92$1,003,010,911$122,479,526$64,135,253$752,239,626
93$1,105,189,425$128,352,424$66,155,185$826,853,495
94$1,217,786,097$134,509,044$68,238,735$908,992,330
95$1,341,863,451$140,963,159$70,387,904$999,420,049
96$1,478,592,385$147,729,216$72,604,761$1,098,978,325
97$1,629,263,225$154,822,364$74,891,437$1,208,594,517
98$1,795,297,904$162,258,490$77,250,131$1,329,290,400
99$1,978,263,391$170,054,256$79,683,110$1,462,191,785
100$2,179,886,477$178,227,135$82,192,715$1,608,539,127