Can I retire at age 51 with 17,500,000?

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 $17,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,366,182
2 years$715,413$702,089$689,176$676,656$664,512$635,138
3 years$472,204$458,823$445,942$433,540$421,594$393,055
4 years$350,624$337,283$324,532$312,341$300,684$273,201
5 years$277,695$264,434$251,850$239,908$228,575$202,225
6 years$229,091$215,930$203,532$191,856$180,864$155,675
7 years$194,388$181,338$169,136$157,736$147,091$123,068
8 years$168,372$155,440$143,441$132,321$122,026$99,162
9 years$148,149$135,339$123,546$112,708$102,763$81,042
10 years$131,979$119,294$107,710$97,155$87,560$66,959
11 years$118,758$106,201$94,826$84,554$75,304$55,799
12 years$107,749$95,320$84,156$74,165$65,257$46,817
13 years$98,440$86,142$75,188$65,477$56,905$39,499
14 years$90,468$78,300$67,556$58,123$49,883$33,477
15 years$83,566$71,529$60,994$51,836$43,921$28,478
16 years$77,532$65,626$55,300$46,413$38,817$24,302
17 years$72,213$60,439$50,321$41,702$34,418$20,793
18 years$67,491$55,849$45,937$37,582$30,603$17,829
19 years$63,271$51,760$42,053$33,958$27,277$15,316
20 years$59,477$48,098$38,594$30,756$24,364$13,179
21 years$56,049$44,801$35,499$27,913$21,803$11,355
22 years$52,937$41,820$32,718$25,379$19,544$9,794
23 years$50,100$39,114$30,209$23,113$17,544$8,457
24 years$47,503$36,647$27,938$21,081$15,769$7,308
25 years$45,118$34,391$25,877$19,252$14,189$6,320
26 years$42,919$32,322$23,999$17,603$12,781$5,469
27 years$40,887$30,419$22,285$16,113$11,523$4,735
28 years$39,004$28,664$20,717$14,763$10,398$4,101
29 years$37,253$27,041$19,279$13,538$9,389$3,554
30 years$35,622$25,537$17,958$12,424$8,483$3,081
31 years$34,100$24,141$16,741$11,411$7,670$2,671
32 years$32,675$22,843$15,620$10,487$6,938$2,317
33 years$31,340$21,632$14,585$9,643$6,279$2,010
34 years$30,086$20,502$13,627$8,873$5,685$1,744
35 years$28,906$19,446$12,740$8,168$5,149$1,514
36 years$27,794$18,457$11,918$7,522$4,665$1,314
37 years$26,745$17,530$11,155$6,931$4,228$1,140
38 years$25,753$16,660$10,446$6,388$3,833$990
39 years$24,815$15,842$9,787$5,890$3,476$860
40 years$23,925$15,072$9,173$5,433$3,153$747
41 years$23,082$14,347$8,602$5,013$2,860$648
42 years$22,280$13,664$8,069$4,626$2,596$563
43 years$21,518$13,019$7,571$4,270$2,356$489
44 years$20,792$12,410$7,107$3,943$2,138$425
45 years$20,101$11,834$6,673$3,641$1,941$369
46 years$19,442$11,289$6,268$3,364$1,762$320
47 years$18,813$10,773$5,888$3,108$1,600$278
48 years$18,211$10,285$5,534$2,872$1,453$242
49 years$17,636$9,821$5,201$2,654$1,320$210
50 years$17,086$9,382$4,890$2,453$1,199$182

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,500,000, adding $5,848 every year, while hoping to spend $58,773 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$17,500,000$17,500,000$17,500,000$17,500,000
51$19,291,032$18,363,532$18,092,282$20,224,398
52$21,196,183$19,200,811$18,635,840$21,701,218
53$23,293,690$20,077,147$19,195,636$23,300,571
54$25,603,111$20,994,392$19,772,155$25,039,511
55$28,145,997$21,954,485$20,365,890$26,931,322
56$30,946,095$22,959,462$20,977,354$28,990,606
57$34,029,573$24,011,452$21,607,072$31,233,408
58$37,425,266$25,112,689$22,255,585$33,677,367
59$41,164,947$26,265,515$22,923,451$36,341,877
60$45,283,627$27,472,381$23,611,243$39,248,258
61$49,819,889$28,735,859$24,319,551$42,419,958
62$54,816,245$30,058,644$25,048,983$45,882,762
63$60,319,544$31,443,559$25,800,166$49,665,030
64$66,381,408$32,893,564$26,573,742$53,797,959
65$73,058,724$34,411,762$27,370,375$58,315,866
66$80,414,179$36,001,403$28,190,748$63,256,508
67$88,516,849$37,665,895$29,035,562$68,661,425
68$97,442,855$39,408,812$29,905,540$74,576,329
69$107,276,079$41,233,895$30,801,428$81,051,518
70$118,108,953$43,145,071$31,723,990$88,142,352
71$130,043,338$45,146,451$32,674,016$95,909,755
72$143,191,480$47,242,348$33,652,316$104,420,784
73$157,677,069$49,437,282$34,659,727$113,749,253
74$173,636,410$51,735,989$35,697,108$123,976,412
75$191,219,707$54,143,435$36,765,344$135,191,710
76$210,592,480$56,664,826$37,865,346$147,493,618
77$231,937,130$59,305,619$38,998,052$160,990,551
78$255,454,656$62,071,534$40,164,426$175,801,875
79$281,366,559$64,968,566$41,365,462$192,059,022
80$309,916,924$68,003,003$42,602,181$209,906,709
81$341,374,733$71,181,432$43,875,636$229,504,298
82$376,036,395$74,510,762$45,186,910$251,027,274
83$414,228,553$77,998,235$46,537,117$274,668,890
84$456,311,159$81,651,442$47,927,404$300,641,971
85$502,680,877$85,478,342$49,358,952$329,180,905
86$553,774,824$89,487,278$50,832,974$360,543,834
87$610,074,699$93,686,998$52,350,722$395,015,073
88$672,111,329$98,086,672$53,913,482$432,907,768
89$740,469,680$102,695,914$55,522,578$474,566,833
90$815,794,376$107,524,803$57,179,374$520,372,179
91$898,795,790$112,583,906$58,885,271$570,742,279
92$990,256,746$117,884,302$60,641,712$626,138,089
93$1,091,039,908$123,437,607$62,450,184$687,067,374
94$1,202,095,928$129,255,999$64,312,214$754,089,473
95$1,324,472,415$135,352,246$66,229,376$827,820,548
96$1,459,323,829$141,739,733$68,203,288$908,939,371
97$1,607,922,376$148,432,497$70,235,615$998,193,695
98$1,771,670,023$155,445,254$72,328,072$1,096,407,286
99$1,952,111,725$162,793,431$74,482,423$1,204,487,658
100$2,150,950,020$170,493,208$76,700,482$1,323,434,604