Can I retire at age 51 with 17,600,000?

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,349,364
2 years$719,501$706,101$693,114$680,522$668,309$614,464
3 years$474,902$461,445$448,491$436,017$424,003$372,093
4 years$352,627$339,211$326,386$314,126$302,402$252,823
5 years$279,281$265,945$253,289$241,279$229,881$182,759
6 years$230,400$217,164$204,695$192,953$181,897$137,264
7 years$195,499$182,374$170,103$158,637$147,931$105,773
8 years$169,334$156,328$144,261$133,077$122,723$82,999
9 years$148,995$136,112$124,252$113,352$103,351$66,003
10 years$132,733$119,976$108,325$97,710$88,060$53,018
11 years$119,437$106,808$95,368$85,037$75,735$42,919
12 years$108,364$95,865$84,637$74,589$65,630$34,956
13 years$99,003$86,634$75,617$65,851$57,231$28,608
14 years$90,985$78,748$67,942$58,455$50,168$23,503
15 years$84,043$71,937$61,343$52,132$44,172$19,369
16 years$77,975$66,001$55,616$46,678$39,039$16,003
17 years$72,626$60,785$50,609$41,940$34,615$13,249
18 years$67,876$56,168$46,199$37,796$30,778$10,988
19 years$63,632$52,056$42,293$34,152$27,433$9,125
20 years$59,817$48,373$38,815$30,932$24,504$7,587
21 years$56,369$45,057$35,702$28,072$21,928$6,314
22 years$53,240$42,059$32,905$25,524$19,655$5,258
23 years$50,386$39,337$30,382$23,245$17,644$4,382
24 years$47,775$36,856$28,098$21,201$15,859$3,654
25 years$45,376$34,588$26,024$19,362$14,270$3,048
26 years$43,165$32,507$24,136$17,704$12,854$2,544
27 years$41,121$30,593$22,413$16,205$11,589$2,124
28 years$39,227$28,828$20,835$14,847$10,457$1,773
29 years$37,466$27,196$19,389$13,615$9,443$1,481
30 years$35,826$25,683$18,060$12,495$8,532$1,237
31 years$34,295$24,279$16,837$11,476$7,714$1,034
32 years$32,862$22,973$15,709$10,547$6,978$864
33 years$31,519$21,756$14,668$9,698$6,315$722
34 years$30,258$20,620$13,705$8,923$5,717$603
35 years$29,071$19,557$12,813$8,214$5,178$504
36 years$27,953$18,563$11,986$7,565$4,692$421
37 years$26,898$17,630$11,219$6,970$4,252$352
38 years$25,900$16,755$10,506$6,425$3,855$294
39 years$24,956$15,933$9,843$5,924$3,496$246
40 years$24,062$15,159$9,226$5,464$3,171$206
41 years$23,213$14,429$8,651$5,041$2,877$172
42 years$22,407$13,742$8,115$4,652$2,610$144
43 years$21,641$13,093$7,615$4,295$2,369$120
44 years$20,911$12,481$7,148$3,966$2,150$101
45 years$20,216$11,902$6,711$3,662$1,952$84
46 years$19,553$11,354$6,304$3,383$1,772$70
47 years$18,920$10,835$5,922$3,125$1,610$59
48 years$18,315$10,343$5,565$2,888$1,462$49
49 years$17,737$9,877$5,231$2,669$1,328$41
50 years$17,184$9,435$4,918$2,467$1,206$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,600,000, adding $5,824 every year, while hoping to spend $49,167 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: 36/46/18 Blend
50$17,600,000$17,600,000$17,600,000$17,600,000
51$19,401,207$18,468,407$18,195,607$19,993,129
52$21,327,817$19,321,046$18,752,847$21,276,357
53$23,449,293$20,213,816$19,327,106$22,655,723
54$25,785,460$21,148,632$19,918,903$24,143,817
55$28,358,163$22,127,501$20,528,772$25,750,371
56$31,191,473$23,152,526$21,157,263$27,486,053
57$34,311,915$24,225,911$21,804,943$29,362,556
58$37,748,718$25,349,968$22,472,396$31,392,699
59$41,534,089$26,527,119$23,160,224$33,590,540
60$45,703,521$27,759,903$23,869,047$35,971,501
61$50,296,124$29,050,981$24,599,503$38,552,499
62$55,354,993$30,403,144$25,352,251$41,352,103
63$60,927,620$31,819,316$26,127,969$44,390,688
64$67,066,337$33,302,562$26,927,356$47,690,627
65$73,828,812$34,856,097$27,751,131$51,276,482
66$81,278,594$36,483,288$28,600,037$55,175,227
67$89,485,709$38,187,668$29,474,837$59,416,491
68$98,527,327$39,972,939$30,376,319$64,032,820
69$108,488,482$41,842,981$31,305,294$69,059,973
70$119,462,884$43,801,863$32,262,597$74,537,247
71$131,553,795$45,853,851$33,249,091$80,507,824
72$144,875,008$48,003,416$34,265,662$87,019,173
73$159,551,920$50,255,245$35,313,223$94,123,474
74$175,722,718$52,614,253$36,392,717$101,878,093
75$193,539,676$55,085,593$37,505,114$110,346,109
76$213,170,601$57,674,665$38,651,414$119,596,886
77$234,800,411$60,387,133$39,832,645$129,706,710
78$258,632,884$63,228,934$41,049,870$140,759,485
79$284,892,579$66,206,292$42,304,181$152,847,506
80$313,826,955$69,325,733$43,596,704$166,072,303
81$345,708,711$72,594,100$44,928,600$180,545,580
82$380,838,355$76,018,567$46,301,064$196,390,239
83$419,547,044$79,606,654$47,715,327$213,741,513
84$462,199,710$83,366,247$49,172,657$232,748,222
85$509,198,502$87,305,615$50,674,363$253,574,138
86$560,986,585$91,433,426$52,221,790$276,399,507
87$618,052,323$95,758,769$53,816,326$301,422,718
88$680,933,886$100,291,176$55,459,399$328,862,139
89$750,224,336$105,040,637$57,152,483$358,958,144
90$826,577,221$110,017,631$58,897,093$391,975,348
91$910,712,745$115,233,142$60,694,793$428,205,062
92$1,003,424,569$120,698,690$62,547,193$467,968,004
93$1,105,587,301$126,426,352$64,455,950$511,617,287
94$1,218,164,755$132,428,792$66,422,773$559,541,704
95$1,342,219,046$138,719,290$68,449,423$612,169,353
96$1,478,920,623$145,311,769$70,537,713$669,971,630
97$1,629,559,310$152,220,829$72,689,510$733,467,628
98$1,795,556,490$159,461,780$74,906,738$803,228,983
99$1,978,478,519$167,050,674$77,191,382$879,885,216
100$2,180,051,517$175,004,346$79,545,481$964,129,615