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%16.9%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,363,992
2 years$719,501$706,101$693,114$680,522$668,309$628,857
3 years$474,902$461,445$448,491$436,017$424,003$385,792
4 years$352,627$339,211$326,386$314,126$302,402$265,726
5 years$279,281$265,945$253,289$241,279$229,881$194,840
6 years$230,400$217,164$204,695$192,953$181,897$148,524
7 years$195,499$182,374$170,103$158,637$147,931$116,226
8 years$169,334$156,328$144,261$133,077$122,723$92,669
9 years$148,995$136,112$124,252$113,352$103,351$74,918
10 years$132,733$119,976$108,325$97,710$88,060$61,211
11 years$119,437$106,808$95,368$85,037$75,735$50,426
12 years$108,364$95,865$84,637$74,589$65,630$41,814
13 years$99,003$86,634$75,617$65,851$57,231$34,855
14 years$90,985$78,748$67,942$58,455$50,168$29,178
15 years$84,043$71,937$61,343$52,132$44,172$24,511
16 years$77,975$66,001$55,616$46,678$39,039$20,650
17 years$72,626$60,785$50,609$41,940$34,615$17,439
18 years$67,876$56,168$46,199$37,796$30,778$14,757
19 years$63,632$52,056$42,293$34,152$27,433$12,507
20 years$59,817$48,373$38,815$30,932$24,504$10,616
21 years$56,369$45,057$35,702$28,072$21,928$9,021
22 years$53,240$42,059$32,905$25,524$19,655$7,674
23 years$50,386$39,337$30,382$23,245$17,644$6,533
24 years$47,775$36,856$28,098$21,201$15,859$5,566
25 years$45,376$34,588$26,024$19,362$14,270$4,744
26 years$43,165$32,507$24,136$17,704$12,854$4,046
27 years$41,121$30,593$22,413$16,205$11,589$3,453
28 years$39,227$28,828$20,835$14,847$10,457$2,947
29 years$37,466$27,196$19,389$13,615$9,443$2,516
30 years$35,826$25,683$18,060$12,495$8,532$2,149
31 years$34,295$24,279$16,837$11,476$7,714$1,836
32 years$32,862$22,973$15,709$10,547$6,978$1,569
33 years$31,519$21,756$14,668$9,698$6,315$1,341
34 years$30,258$20,620$13,705$8,923$5,717$1,146
35 years$29,071$19,557$12,813$8,214$5,178$980
36 years$27,953$18,563$11,986$7,565$4,692$837
37 years$26,898$17,630$11,219$6,970$4,252$716
38 years$25,900$16,755$10,506$6,425$3,855$612
39 years$24,956$15,933$9,843$5,924$3,496$524
40 years$24,062$15,159$9,226$5,464$3,171$448
41 years$23,213$14,429$8,651$5,041$2,877$383
42 years$22,407$13,742$8,115$4,652$2,610$327
43 years$21,641$13,093$7,615$4,295$2,369$280
44 years$20,911$12,481$7,148$3,966$2,150$240
45 years$20,216$11,902$6,711$3,662$1,952$205
46 years$19,553$11,354$6,304$3,383$1,772$175
47 years$18,920$10,835$5,922$3,125$1,610$150
48 years$18,315$10,343$5,565$2,888$1,462$128
49 years$17,737$9,877$5,231$2,669$1,328$110
50 years$17,184$9,435$4,918$2,467$1,206$94

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 $5,394 every year, while hoping to spend $39,028 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: 59/34/7 Blend
50$17,600,000$17,600,000$17,600,000$17,600,000
51$19,400,764$18,467,964$18,195,164$20,516,661
52$21,338,116$19,331,369$18,763,176$22,129,053
53$23,471,771$20,235,772$19,348,909$23,881,355
54$25,821,708$21,183,142$19,952,915$25,790,930
55$28,409,948$22,175,542$20,575,763$27,872,871
56$31,260,753$23,215,133$21,218,041$30,143,767
57$34,400,859$24,304,184$21,880,354$32,621,854
58$37,859,728$25,445,070$22,563,328$35,327,181
59$41,669,826$26,640,285$23,267,605$38,281,792
60$45,866,929$27,892,439$23,993,851$41,509,926
61$50,490,460$29,204,273$24,742,749$45,038,244
62$55,583,862$30,578,658$25,515,006$48,896,066
63$61,195,007$32,018,603$26,311,351$53,115,645
64$67,376,650$33,527,266$27,132,532$57,732,459
65$74,186,922$35,107,956$27,979,326$62,785,542
66$81,689,884$36,764,142$28,852,530$68,317,840
67$89,956,129$38,499,462$29,752,966$74,376,609
68$99,063,448$40,317,730$30,681,485$81,013,847
69$109,097,566$42,222,944$31,638,960$88,286,782
70$120,152,947$44,219,298$32,626,294$96,258,393
71$132,333,691$46,311,187$33,644,419$104,998,000
72$145,754,512$48,503,220$34,694,292$114,581,900
73$160,541,826$50,800,231$35,776,904$125,094,082
74$176,834,936$53,207,287$36,893,275$136,626,999
75$194,787,356$55,729,700$38,044,456$149,282,435
76$214,568,253$58,373,043$39,231,532$163,172,443
77$236,364,049$61,143,155$40,455,622$178,420,397
78$260,380,175$64,046,163$41,717,878$195,162,131
79$286,843,016$67,088,488$43,019,490$213,547,214
80$316,002,045$70,276,866$44,361,685$233,740,339
81$348,132,178$73,618,356$45,745,726$255,922,860
82$383,536,369$77,120,365$47,172,916$280,294,488
83$422,548,471$80,790,655$48,644,601$307,075,154
84$465,536,386$84,637,368$50,162,166$336,507,064
85$512,905,540$88,669,041$51,727,041$368,856,967
86$565,102,707$92,894,626$53,340,699$404,418,647
87$622,620,230$97,323,510$55,004,660$443,515,673
88$686,000,668$101,965,537$56,720,490$486,504,429
89$755,841,916$106,831,027$58,489,806$533,777,455
90$832,802,849$111,930,806$60,314,273$585,767,119
91$917,609,548$117,276,223$62,195,609$642,949,677
92$1,011,062,145$122,879,182$64,135,585$705,849,732
93$1,114,042,384$128,752,162$66,136,028$775,045,162
94$1,227,521,943$134,908,253$68,198,820$851,172,535
95$1,352,571,605$141,361,181$70,325,904$934,933,090
96$1,490,371,368$148,125,339$72,519,282$1,027,099,318
97$1,642,221,587$155,215,820$74,781,017$1,128,522,215
98$1,809,555,248$162,648,454$77,113,240$1,240,139,280
99$1,993,951,494$170,439,839$79,518,144$1,362,983,321
100$2,197,150,538$178,607,382$81,997,993$1,498,192,161