Can I retire at age 51 with 17,700,000?

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 $17,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,370,085
2 years$723,589$710,113$697,052$684,389$672,106$630,794
3 years$477,601$464,066$451,039$438,495$426,412$386,420
4 years$354,631$341,138$328,241$315,911$304,120$265,756
5 years$280,868$267,456$254,728$242,650$231,188$194,555
6 years$231,709$218,398$205,858$194,049$182,931$148,063
7 years$196,609$183,410$171,069$159,538$148,772$115,668
8 years$170,296$157,217$145,080$133,833$123,420$92,061
9 years$149,842$136,885$124,958$113,996$103,938$74,291
10 years$133,487$120,658$108,941$98,265$88,560$60,585
11 years$120,115$107,415$95,910$85,520$76,165$49,814
12 years$108,980$96,409$85,118$75,013$66,003$41,225
13 years$99,565$87,126$76,047$66,225$57,556$34,294
14 years$91,502$79,195$68,328$58,787$50,453$28,650
15 years$84,521$72,346$61,691$52,428$44,423$24,016
16 years$78,418$66,376$55,932$46,944$39,261$20,190
17 years$73,038$61,130$50,896$42,178$34,812$17,013
18 years$68,262$56,487$46,462$38,011$30,953$14,364
19 years$63,994$52,351$42,533$34,346$27,589$12,147
20 years$60,157$48,648$39,035$31,107$24,643$10,287
21 years$56,690$45,313$35,905$28,232$22,053$8,721
22 years$53,542$42,298$33,092$25,669$19,767$7,401
23 years$50,673$39,561$30,554$23,377$17,744$6,286
24 years$48,046$37,066$28,258$21,322$15,949$5,343
25 years$45,633$34,784$26,172$19,472$14,351$4,543
26 years$43,410$32,692$24,273$17,804$12,927$3,866
27 years$41,355$30,767$22,540$16,297$11,655$3,290
28 years$39,449$28,991$20,954$14,931$10,517$2,802
29 years$37,679$27,350$19,499$13,692$9,496$2,386
30 years$36,030$25,829$18,163$12,566$8,580$2,033
31 years$34,490$24,417$16,933$11,541$7,757$1,733
32 years$33,049$23,104$15,799$10,606$7,017$1,477
33 years$31,698$21,879$14,751$9,753$6,351$1,259
34 years$30,430$20,737$13,783$8,974$5,750$1,073
35 years$29,236$19,669$12,886$8,261$5,208$915
36 years$28,112$18,668$12,054$7,608$4,718$780
37 years$27,050$17,731$11,283$7,010$4,277$666
38 years$26,047$16,850$10,566$6,461$3,877$568
39 years$25,098$16,023$9,899$5,958$3,516$484
40 years$24,199$15,245$9,278$5,495$3,189$413
41 years$23,345$14,511$8,700$5,070$2,893$352
42 years$22,535$13,820$8,161$4,679$2,625$301
43 years$21,764$13,168$7,658$4,319$2,383$256
44 years$21,030$12,552$7,188$3,988$2,163$219
45 years$20,331$11,969$6,750$3,683$1,963$187
46 years$19,664$11,418$6,339$3,402$1,783$159
47 years$19,028$10,896$5,956$3,143$1,619$136
48 years$18,419$10,402$5,597$2,904$1,470$116
49 years$17,838$9,933$5,261$2,684$1,335$99
50 years$17,281$9,489$4,946$2,481$1,213$84

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,700,000, adding $2,269 every year, while hoping to spend $22,427 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: 52/34/14 Blend
50$17,700,000$17,700,000$17,700,000$17,700,000
51$19,507,740$18,569,640$18,295,290$20,448,735
52$21,473,668$19,455,691$18,884,321$21,978,485
53$23,639,368$20,384,406$19,492,331$23,638,782
54$26,025,195$21,357,852$20,119,935$25,444,011
55$28,653,576$22,378,198$20,767,764$27,407,889
56$31,549,226$23,447,716$21,436,471$29,545,484
57$34,739,383$24,568,789$22,126,728$31,873,349
58$38,254,057$25,743,918$22,839,230$34,409,677
59$42,126,323$26,975,722$23,574,697$37,174,457
60$46,392,626$28,266,950$24,333,867$40,189,663
61$51,093,129$29,620,486$25,117,507$43,479,448
62$56,272,089$31,039,351$25,926,404$47,070,365
63$61,978,278$32,526,715$26,761,375$50,991,611
64$68,265,442$34,085,903$27,623,260$55,275,292
65$75,192,805$35,720,401$28,512,928$59,956,715
66$82,825,635$37,433,864$29,431,274$65,074,715
67$91,235,853$39,230,126$30,379,225$70,672,006
68$100,502,716$41,113,208$31,357,735$76,795,580
69$110,713,564$43,087,327$32,367,791$83,497,130
70$121,964,646$45,156,904$33,410,410$90,833,537
71$134,362,025$47,326,577$34,486,643$98,867,384
72$148,022,581$49,601,209$35,597,575$107,667,541
73$163,075,116$51,985,900$36,744,326$117,309,797
74$179,661,568$54,485,999$37,928,051$127,877,563
75$197,938,350$57,107,116$39,149,944$139,462,644
76$218,077,831$59,855,134$40,411,236$152,166,091
77$240,269,957$62,736,222$41,713,199$166,099,134
78$264,724,047$65,756,852$43,057,146$181,384,221
79$291,670,771$68,923,809$44,444,431$198,156,150
80$321,364,324$72,244,210$45,876,454$216,563,327
81$354,084,829$75,725,520$47,354,659$236,769,143
82$390,140,977$79,375,566$48,880,536$258,953,500
83$429,872,946$83,202,558$50,455,623$283,314,484
84$473,655,611$87,215,107$52,081,511$310,070,214
85$521,902,079$91,422,244$53,759,837$339,460,875
86$575,067,595$95,833,438$55,492,296$371,750,964
87$633,653,837$100,458,623$57,280,635$407,231,758
88$698,213,649$105,308,217$59,126,657$446,224,035
89$769,356,267$110,393,145$61,032,225$489,081,079
90$847,753,063$115,724,866$62,999,262$536,191,978
91$934,143,890$121,315,399$65,029,752$587,985,270
92$1,029,344,063$127,177,349$67,125,744$644,932,956
93$1,134,252,053$133,323,936$69,289,353$707,554,919
94$1,249,857,978$139,769,024$71,522,762$776,423,795
95$1,377,252,942$146,527,157$73,828,225$852,170,344
96$1,517,639,341$153,613,585$76,208,068$935,489,363
97$1,672,342,209$161,044,307$78,664,695$1,027,146,204
98$1,842,821,736$168,836,099$81,200,583$1,127,983,956
99$2,030,687,043$177,006,559$83,818,293$1,238,931,357
100$2,237,711,383$185,574,141$86,520,468$1,361,011,517