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%14.2%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,371,228
2 years$715,413$702,089$689,176$676,656$664,512$640,163
3 years$472,204$458,823$445,942$433,540$421,594$397,900
4 years$350,624$337,283$324,532$312,341$300,684$277,829
5 years$277,695$264,434$251,850$239,908$228,575$206,623
6 years$229,091$215,930$203,532$191,856$180,864$159,841
7 years$194,388$181,338$169,136$157,736$147,091$127,002
8 years$168,372$155,440$143,441$132,321$122,026$102,867
9 years$148,149$135,339$123,546$112,708$102,763$84,524
10 years$131,979$119,294$107,710$97,155$87,560$70,224
11 years$118,758$106,201$94,826$84,554$75,304$58,853
12 years$107,749$95,320$84,156$74,165$65,257$49,668
13 years$98,440$86,142$75,188$65,477$56,905$42,155
14 years$90,468$78,300$67,556$58,123$49,883$35,946
15 years$83,566$71,529$60,994$51,836$43,921$30,770
16 years$77,532$65,626$55,300$46,413$38,817$26,425
17 years$72,213$60,439$50,321$41,702$34,418$22,755
18 years$67,491$55,849$45,937$37,582$30,603$19,640
19 years$63,271$51,760$42,053$33,958$27,277$16,985
20 years$59,477$48,098$38,594$30,756$24,364$14,713
21 years$56,049$44,801$35,499$27,913$21,803$12,764
22 years$52,937$41,820$32,718$25,379$19,544$11,086
23 years$50,100$39,114$30,209$23,113$17,544$9,640
24 years$47,503$36,647$27,938$21,081$15,769$8,389
25 years$45,118$34,391$25,877$19,252$14,189$7,307
26 years$42,919$32,322$23,999$17,603$12,781$6,369
27 years$40,887$30,419$22,285$16,113$11,523$5,554
28 years$39,004$28,664$20,717$14,763$10,398$4,846
29 years$37,253$27,041$19,279$13,538$9,389$4,231
30 years$35,622$25,537$17,958$12,424$8,483$3,695
31 years$34,100$24,141$16,741$11,411$7,670$3,228
32 years$32,675$22,843$15,620$10,487$6,938$2,821
33 years$31,340$21,632$14,585$9,643$6,279$2,465
34 years$30,086$20,502$13,627$8,873$5,685$2,155
35 years$28,906$19,446$12,740$8,168$5,149$1,885
36 years$27,794$18,457$11,918$7,522$4,665$1,648
37 years$26,745$17,530$11,155$6,931$4,228$1,442
38 years$25,753$16,660$10,446$6,388$3,833$1,262
39 years$24,815$15,842$9,787$5,890$3,476$1,104
40 years$23,925$15,072$9,173$5,433$3,153$966
41 years$23,082$14,347$8,602$5,013$2,860$845
42 years$22,280$13,664$8,069$4,626$2,596$740
43 years$21,518$13,019$7,571$4,270$2,356$647
44 years$20,792$12,410$7,107$3,943$2,138$567
45 years$20,101$11,834$6,673$3,641$1,941$496
46 years$19,442$11,289$6,268$3,364$1,762$434
47 years$18,813$10,773$5,888$3,108$1,600$380
48 years$18,211$10,285$5,534$2,872$1,453$333
49 years$17,636$9,821$5,201$2,654$1,320$291
50 years$17,086$9,382$4,890$2,453$1,199$255

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 $6,804 every year, while hoping to spend $25,690 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: 82/10/8 Blend
50$17,500,000$17,500,000$17,500,000$17,500,000
51$19,292,018$18,364,518$18,093,268$20,854,789
52$21,232,470$19,237,046$18,672,059$22,750,775
53$23,369,987$20,151,466$19,269,378$24,827,708
54$25,724,643$21,109,805$19,885,819$27,107,047
55$28,318,557$22,114,186$20,521,995$29,609,054
56$31,176,106$23,166,837$21,178,537$32,356,042
57$34,324,150$24,270,093$21,856,099$35,372,581
58$37,792,288$25,426,403$22,555,354$38,685,733
59$41,613,140$26,638,335$23,276,997$42,325,300
60$45,822,649$27,908,582$24,021,745$46,324,103
61$50,460,425$29,239,968$24,790,339$50,718,292
62$55,570,115$30,635,453$25,583,542$55,547,685
63$61,199,820$32,098,144$26,402,144$60,856,137
64$67,402,543$33,631,294$27,246,957$66,691,953
65$74,236,695$35,238,320$28,118,823$73,108,343
66$81,766,642$36,922,802$29,018,607$80,163,918
67$90,063,314$38,688,494$29,947,205$87,923,241
68$99,204,876$40,539,334$30,905,540$96,457,435
69$109,277,462$42,479,451$31,894,566$105,844,848
70$120,375,994$44,513,175$32,915,264$116,171,787
71$132,605,072$46,645,046$33,968,651$127,533,335
72$146,079,963$48,879,827$35,055,775$140,034,239
73$160,927,692$51,222,512$36,177,716$153,789,897
74$177,288,238$53,678,336$37,335,591$168,927,440
75$195,315,856$56,252,792$38,530,552$185,586,932
76$215,180,534$58,951,640$39,763,786$203,922,683
77$237,069,597$61,780,919$41,036,521$224,104,702
78$261,189,474$64,746,962$42,350,023$246,320,298
79$287,767,651$67,856,414$43,705,599$270,775,837
80$317,054,812$71,116,239$45,104,598$297,698,694
81$349,327,212$74,533,744$46,548,411$327,339,384
82$384,889,281$78,116,590$48,038,475$359,973,923
83$424,076,497$81,872,812$49,576,273$395,906,431
84$467,258,557$85,810,837$51,163,336$435,471,991
85$514,842,864$89,939,503$52,801,242$479,039,805
86$567,278,375$94,268,077$54,491,623$527,016,677
87$625,059,836$98,806,280$56,236,159$579,850,837
88$688,732,457$103,564,305$58,036,588$638,036,173
89$758,897,056$108,552,844$59,894,701$702,116,878
90$836,215,731$113,783,109$61,812,349$772,692,579
91$921,418,113$119,266,859$63,791,440$850,423,991
92$1,015,308,251$125,016,426$65,833,945$936,039,143
93$1,118,772,207$131,044,745$67,941,896$1,030,340,240
94$1,232,786,416$137,365,381$70,117,393$1,134,211,224
95$1,358,426,906$143,992,561$72,362,602$1,248,626,111
96$1,496,879,459$150,941,205$74,679,758$1,374,658,169
97$1,649,450,802$158,226,962$77,071,168$1,513,490,043
98$1,817,580,946$165,866,245$79,539,214$1,666,424,902
99$2,002,856,779$173,876,268$82,086,354$1,834,898,731
100$2,207,027,048$182,275,082$84,715,124$2,020,493,873