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%19.5%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,349,898
2 years$719,501$706,101$693,114$680,522$668,309$614,988
3 years$474,902$461,445$448,491$436,017$424,003$372,589
4 years$352,627$339,211$326,386$314,126$302,402$253,287
5 years$279,281$265,945$253,289$241,279$229,881$183,192
6 years$230,400$217,164$204,695$192,953$181,897$137,665
7 years$195,499$182,374$170,103$158,637$147,931$106,143
8 years$169,334$156,328$144,261$133,077$122,723$83,339
9 years$148,995$136,112$124,252$113,352$103,351$66,313
10 years$132,733$119,976$108,325$97,710$88,060$53,301
11 years$119,437$106,808$95,368$85,037$75,735$43,177
12 years$108,364$95,865$84,637$74,589$65,630$35,189
13 years$99,003$86,634$75,617$65,851$57,231$28,819
14 years$90,985$78,748$67,942$58,455$50,168$23,693
15 years$84,043$71,937$61,343$52,132$44,172$19,540
16 years$77,975$66,001$55,616$46,678$39,039$16,155
17 years$72,626$60,785$50,609$41,940$34,615$13,385
18 years$67,876$56,168$46,199$37,796$30,778$11,109
19 years$63,632$52,056$42,293$34,152$27,433$9,232
20 years$59,817$48,373$38,815$30,932$24,504$7,682
21 years$56,369$45,057$35,702$28,072$21,928$6,398
22 years$53,240$42,059$32,905$25,524$19,655$5,333
23 years$50,386$39,337$30,382$23,245$17,644$4,448
24 years$47,775$36,856$28,098$21,201$15,859$3,712
25 years$45,376$34,588$26,024$19,362$14,270$3,099
26 years$43,165$32,507$24,136$17,704$12,854$2,588
27 years$41,121$30,593$22,413$16,205$11,589$2,162
28 years$39,227$28,828$20,835$14,847$10,457$1,807
29 years$37,466$27,196$19,389$13,615$9,443$1,511
30 years$35,826$25,683$18,060$12,495$8,532$1,263
31 years$34,295$24,279$16,837$11,476$7,714$1,056
32 years$32,862$22,973$15,709$10,547$6,978$883
33 years$31,519$21,756$14,668$9,698$6,315$739
34 years$30,258$20,620$13,705$8,923$5,717$618
35 years$29,071$19,557$12,813$8,214$5,178$517
36 years$27,953$18,563$11,986$7,565$4,692$432
37 years$26,898$17,630$11,219$6,970$4,252$362
38 years$25,900$16,755$10,506$6,425$3,855$303
39 years$24,956$15,933$9,843$5,924$3,496$253
40 years$24,062$15,159$9,226$5,464$3,171$212
41 years$23,213$14,429$8,651$5,041$2,877$177
42 years$22,407$13,742$8,115$4,652$2,610$148
43 years$21,641$13,093$7,615$4,295$2,369$124
44 years$20,911$12,481$7,148$3,966$2,150$104
45 years$20,216$11,902$6,711$3,662$1,952$87
46 years$19,553$11,354$6,304$3,383$1,772$73
47 years$18,920$10,835$5,922$3,125$1,610$61
48 years$18,315$10,343$5,565$2,888$1,462$51
49 years$17,737$9,877$5,231$2,669$1,328$43
50 years$17,184$9,435$4,918$2,467$1,206$36

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 $4,651 every year, while hoping to spend $58,244 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: 23/49/28 Blend
50$17,600,000$17,600,000$17,600,000$17,600,000
51$19,399,998$18,467,198$18,194,398$19,674,270
52$21,316,826$19,310,119$18,741,939$20,755,622
53$23,427,219$20,192,392$19,305,870$21,907,321
54$25,750,859$21,115,882$19,886,680$23,139,143
55$28,309,432$22,082,546$20,484,870$24,457,737
56$31,126,838$23,094,435$21,100,957$25,870,362
57$34,229,409$24,153,696$21,735,473$27,384,952
58$37,646,163$25,262,581$22,388,965$29,010,178
59$41,409,075$26,423,451$23,061,999$30,755,520
60$45,553,378$27,638,777$23,755,153$32,631,348
61$50,117,898$28,911,153$24,469,026$34,649,009
62$55,145,419$30,243,295$25,204,234$36,820,919
63$60,683,085$31,638,049$25,961,409$39,160,676
64$66,782,847$33,098,401$26,741,204$41,683,171
65$73,501,953$34,627,478$27,544,289$44,404,714
66$80,903,486$36,228,558$28,371,356$47,343,180
67$89,056,961$37,905,078$29,223,117$50,518,162
68$98,038,983$39,660,638$30,100,303$53,951,138
69$107,933,965$41,499,015$31,003,669$57,665,662
70$118,834,928$43,424,165$31,933,990$61,687,571
71$130,844,377$45,440,236$32,892,065$66,045,208
72$144,075,271$47,551,575$33,878,717$70,769,677
73$158,652,087$49,762,740$34,894,792$75,895,116
74$174,711,993$52,078,508$35,941,161$81,458,999
75$192,406,148$54,503,886$37,018,722$87,502,472
76$211,901,123$57,044,125$38,128,397$94,070,721
77$233,380,476$59,704,725$39,271,137$101,213,373
78$257,046,485$62,491,457$40,447,920$108,984,946
79$283,122,054$65,410,366$41,659,753$117,445,337
80$311,852,821$68,467,792$42,907,672$126,660,364
81$343,509,475$71,670,379$44,192,745$136,702,360
82$378,390,309$75,025,095$45,516,070$147,650,830
83$416,824,038$78,539,242$46,878,775$159,593,171
84$459,172,902$82,220,477$48,282,026$172,625,469
85$505,836,083$86,076,826$49,727,020$186,853,372
86$557,253,477$90,116,704$51,214,988$202,393,059
87$613,909,841$94,348,932$52,747,200$219,372,299
88$676,339,375$98,782,760$54,324,961$237,931,622
89$745,130,759$103,427,883$55,949,615$258,225,607
90$820,932,715$108,294,467$57,622,546$280,424,306
91$904,460,126$113,393,171$59,345,175$304,714,803
92$996,500,790$118,735,167$61,118,970$331,302,942
93$1,097,922,852$124,332,172$62,945,437$360,415,221
94$1,209,683,003$130,196,468$64,826,129$392,300,886
95$1,332,835,508$136,340,933$66,762,643$427,234,233
96$1,468,542,160$142,779,070$68,756,622$465,517,147
97$1,618,083,250$149,525,034$70,809,758$507,481,896
98$1,782,869,650$156,593,669$72,923,793$553,494,213
99$1,964,456,132$164,000,537$75,100,519$603,956,690
100$2,164,556,050$171,761,955$77,341,778$659,312,514