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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.1%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,399,013
2 years$723,589$710,113$697,052$684,389$672,106$659,601
3 years$477,601$464,066$451,039$438,495$426,412$414,198
4 years$354,631$341,138$328,241$315,911$304,120$292,293
5 years$280,868$267,456$254,728$242,650$231,188$219,781
6 years$231,709$218,398$205,858$194,049$182,931$171,960
7 years$196,609$183,410$171,069$159,538$148,772$138,241
8 years$170,296$157,217$145,080$133,833$123,420$113,329
9 years$149,842$136,885$124,958$113,996$103,938$94,283
10 years$133,487$120,658$108,941$98,265$88,560$79,337
11 years$120,115$107,415$95,910$85,520$76,165$67,365
12 years$108,980$96,409$85,118$75,013$66,003$57,619
13 years$99,565$87,126$76,047$66,225$57,556$49,578
14 years$91,502$79,195$68,328$58,787$50,453$42,871
15 years$84,521$72,346$61,691$52,428$44,423$37,226
16 years$78,418$66,376$55,932$46,944$39,261$32,438
17 years$73,038$61,130$50,896$42,178$34,812$28,350
18 years$68,262$56,487$46,462$38,011$30,953$24,841
19 years$63,994$52,351$42,533$34,346$27,589$21,814
20 years$60,157$48,648$39,035$31,107$24,643$19,193
21 years$56,690$45,313$35,905$28,232$22,053$16,914
22 years$53,542$42,298$33,092$25,669$19,767$14,927
23 years$50,673$39,561$30,554$23,377$17,744$13,191
24 years$48,046$37,066$28,258$21,322$15,949$11,669
25 years$45,633$34,784$26,172$19,472$14,351$10,332
26 years$43,410$32,692$24,273$17,804$12,927$9,157
27 years$41,355$30,767$22,540$16,297$11,655$8,121
28 years$39,449$28,991$20,954$14,931$10,517$7,207
29 years$37,679$27,350$19,499$13,692$9,496$6,400
30 years$36,030$25,829$18,163$12,566$8,580$5,686
31 years$34,490$24,417$16,933$11,541$7,757$5,054
32 years$33,049$23,104$15,799$10,606$7,017$4,494
33 years$31,698$21,879$14,751$9,753$6,351$3,997
34 years$30,430$20,737$13,783$8,974$5,750$3,557
35 years$29,236$19,669$12,886$8,261$5,208$3,166
36 years$28,112$18,668$12,054$7,608$4,718$2,818
37 years$27,050$17,731$11,283$7,010$4,277$2,510
38 years$26,047$16,850$10,566$6,461$3,877$2,235
39 years$25,098$16,023$9,899$5,958$3,516$1,991
40 years$24,199$15,245$9,278$5,495$3,189$1,774
41 years$23,345$14,511$8,700$5,070$2,893$1,581
42 years$22,535$13,820$8,161$4,679$2,625$1,409
43 years$21,764$13,168$7,658$4,319$2,383$1,255
44 years$21,030$12,552$7,188$3,988$2,163$1,119
45 years$20,331$11,969$6,750$3,683$1,963$997
46 years$19,664$11,418$6,339$3,402$1,783$889
47 years$19,028$10,896$5,956$3,143$1,619$793
48 years$18,419$10,402$5,597$2,904$1,470$707
49 years$17,838$9,933$5,261$2,684$1,335$630
50 years$17,281$9,489$4,946$2,481$1,213$562

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 $5,589 every year, while hoping to spend $25,338 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: 63/11/26 Blend
50$17,700,000$17,700,000$17,700,000$17,700,000
51$19,511,165$18,573,065$18,298,715$20,605,563
52$21,474,344$19,456,186$18,884,763$22,230,465
53$23,636,919$20,381,730$19,489,593$24,001,243
54$26,019,200$21,351,750$20,113,810$25,934,898
55$28,643,570$22,368,398$20,758,035$28,047,385
56$31,534,694$23,433,929$21,422,909$30,356,259
57$34,719,751$24,550,710$22,109,094$32,880,843
58$38,228,693$25,721,222$22,817,276$35,642,399
59$42,094,523$26,948,065$23,548,158$38,664,331
60$46,353,613$28,233,969$24,302,470$41,972,401
61$51,046,042$29,581,794$25,080,963$45,594,967
62$56,215,976$30,994,540$25,884,413$49,563,245
63$61,912,085$32,475,352$26,713,621$53,911,604
64$68,188,003$34,027,529$27,569,412$58,677,881
65$75,102,832$35,654,531$28,452,641$63,903,739
66$82,721,704$37,359,985$29,364,186$69,635,050
67$91,116,388$39,147,696$30,304,958$75,922,325
68$100,365,979$41,021,652$31,275,893$82,821,188
69$110,557,633$42,986,037$32,277,959$90,392,890
70$121,787,397$45,045,238$33,312,156$98,704,889
71$134,161,112$47,203,855$34,379,514$107,831,474
72$147,795,416$49,466,715$35,481,098$117,854,464
73$162,818,839$51,838,875$36,618,006$128,863,972
74$179,373,023$54,325,642$37,791,372$140,959,250
75$197,614,054$56,932,581$39,002,365$154,249,620
76$217,713,937$59,665,526$40,252,193$168,855,497
77$239,862,220$62,530,598$41,542,103$184,909,516
78$264,267,784$65,534,215$42,873,381$202,557,782
79$291,160,813$68,683,107$44,247,355$221,961,237
80$320,794,970$71,984,333$45,665,395$243,297,170
81$353,449,786$75,445,295$47,128,915$266,760,885
82$389,433,307$79,073,757$48,639,376$292,567,532
83$429,084,993$82,877,860$50,198,284$320,954,130
84$472,778,930$86,866,143$51,807,195$352,181,795
85$520,927,358$91,047,561$53,467,713$386,538,193
86$573,984,562$95,431,505$55,181,495$424,340,247
87$632,451,163$100,027,825$56,950,251$465,937,112
88$696,878,843$104,846,849$58,775,745$511,713,466
89$767,875,553$109,899,413$60,659,801$562,093,125
90$846,111,252$115,196,877$62,604,296$617,543,031
91$932,324,232$120,751,156$64,611,173$678,577,647
92$1,027,328,090$126,574,749$66,682,434$745,763,801
93$1,132,019,405$132,680,762$68,820,145$819,726,021
94$1,247,386,206$139,082,941$71,026,441$901,152,415
95$1,374,517,296$145,795,702$73,303,524$990,801,151
96$1,514,612,535$152,834,166$75,653,667$1,089,507,599
97$1,668,994,164$160,214,190$78,079,215$1,198,192,199
98$1,839,119,291$167,952,408$80,582,591$1,317,869,133
99$2,026,593,643$176,066,261$83,166,293$1,449,655,878
100$2,233,186,732$184,574,044$85,832,900$1,594,783,739