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%18.5%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,362,972
2 years$723,589$710,113$697,052$684,389$672,106$623,786
3 years$477,601$464,066$451,039$438,495$426,412$379,740
4 years$354,631$341,138$328,241$315,911$304,120$259,454
5 years$280,868$267,456$254,728$242,650$231,188$188,645
6 years$231,709$218,398$205,858$194,049$182,931$142,545
7 years$196,609$183,410$171,069$159,538$148,772$110,535
8 years$170,296$157,217$145,080$133,833$123,420$87,304
9 years$149,842$136,885$124,958$113,996$103,938$69,896
10 years$133,487$120,658$108,941$98,265$88,560$56,537
11 years$120,115$107,415$95,910$85,520$76,165$46,097
12 years$108,980$96,409$85,118$75,013$66,003$37,821
13 years$99,565$87,126$76,047$66,225$57,556$31,186
14 years$91,502$79,195$68,328$58,787$50,453$25,819
15 years$84,521$72,346$61,691$52,428$44,423$21,445
16 years$78,418$66,376$55,932$46,944$39,261$17,860
17 years$73,038$61,130$50,896$42,178$34,812$14,907
18 years$68,262$56,487$46,462$38,011$30,953$12,465
19 years$63,994$52,351$42,533$34,346$27,589$10,438
20 years$60,157$48,648$39,035$31,107$24,643$8,752
21 years$56,690$45,313$35,905$28,232$22,053$7,346
22 years$53,542$42,298$33,092$25,669$19,767$6,171
23 years$50,673$39,561$30,554$23,377$17,744$5,188
24 years$48,046$37,066$28,258$21,322$15,949$4,364
25 years$45,633$34,784$26,172$19,472$14,351$3,673
26 years$43,410$32,692$24,273$17,804$12,927$3,092
27 years$41,355$30,767$22,540$16,297$11,655$2,605
28 years$39,449$28,991$20,954$14,931$10,517$2,194
29 years$37,679$27,350$19,499$13,692$9,496$1,849
30 years$36,030$25,829$18,163$12,566$8,580$1,559
31 years$34,490$24,417$16,933$11,541$7,757$1,314
32 years$33,049$23,104$15,799$10,606$7,017$1,108
33 years$31,698$21,879$14,751$9,753$6,351$934
34 years$30,430$20,737$13,783$8,974$5,750$788
35 years$29,236$19,669$12,886$8,261$5,208$665
36 years$28,112$18,668$12,054$7,608$4,718$561
37 years$27,050$17,731$11,283$7,010$4,277$473
38 years$26,047$16,850$10,566$6,461$3,877$399
39 years$25,098$16,023$9,899$5,958$3,516$337
40 years$24,199$15,245$9,278$5,495$3,189$284
41 years$23,345$14,511$8,700$5,070$2,893$240
42 years$22,535$13,820$8,161$4,679$2,625$202
43 years$21,764$13,168$7,658$4,319$2,383$171
44 years$21,030$12,552$7,188$3,988$2,163$144
45 years$20,331$11,969$6,750$3,683$1,963$121
46 years$19,664$11,418$6,339$3,402$1,783$103
47 years$19,028$10,896$5,956$3,143$1,619$87
48 years$18,419$10,402$5,597$2,904$1,470$73
49 years$17,838$9,933$5,261$2,684$1,335$62
50 years$17,281$9,489$4,946$2,481$1,213$52

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 $6,910 every year, while hoping to spend $27,589 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: 42/28/30 Blend
50$17,700,000$17,700,000$17,700,000$17,700,000
51$19,512,528$18,574,428$18,300,078$20,160,324
52$21,473,451$19,455,220$18,883,776$21,510,029
53$23,633,464$20,378,247$19,486,103$22,967,694
54$26,012,844$21,345,548$20,107,655$24,545,858
55$28,633,938$22,359,263$20,749,044$26,255,682
56$31,521,368$23,421,635$21,410,906$28,109,417
57$34,702,269$24,535,017$22,093,893$30,120,518
58$38,206,542$25,701,875$22,798,680$32,303,756
59$42,067,137$26,924,795$23,525,964$34,675,359
60$46,320,364$28,206,489$24,276,463$37,253,150
61$51,006,236$29,549,801$25,050,918$40,056,716
62$56,168,843$30,957,713$25,850,096$43,107,575
63$61,856,776$32,433,351$26,674,785$46,429,382
64$68,123,578$33,979,996$27,525,800$50,048,132
65$75,028,251$35,601,084$28,403,983$53,992,408
66$82,635,818$37,300,222$29,310,202$58,293,630
67$91,017,929$39,081,191$30,245,351$62,986,350
68$100,253,542$40,947,954$31,210,355$68,108,565
69$110,429,670$42,904,670$32,206,168$73,702,063
70$121,642,196$44,955,698$33,233,774$79,812,811
71$133,996,784$47,105,611$34,294,189$86,491,370
72$147,609,872$49,359,203$35,388,462$93,793,367
73$162,609,777$51,721,501$36,517,672$101,780,003
74$179,137,898$54,197,779$37,682,938$110,518,620
75$197,350,058$56,793,565$38,885,411$120,083,319
76$217,417,971$59,514,657$40,126,280$130,555,648
77$239,530,865$62,367,136$41,406,771$142,025,356
78$263,897,267$65,357,379$42,728,151$154,591,223
79$290,746,970$68,492,072$44,091,727$168,361,976
80$320,333,207$71,778,230$45,498,846$183,457,300
81$352,935,036$75,223,206$46,950,899$200,008,945
82$388,859,980$78,834,712$48,449,324$218,161,955
83$428,446,922$82,620,838$49,995,601$238,076,016
84$472,069,315$86,590,065$51,591,260$259,926,941
85$520,138,697$90,751,290$53,237,879$283,908,309
86$573,108,583$95,113,842$54,937,087$310,233,271
87$631,478,742$99,687,505$56,690,564$339,136,534
88$695,799,921$104,482,539$58,500,044$370,876,557
89$766,679,035$109,509,706$60,367,318$405,737,962
90$844,784,906$114,780,291$62,294,233$444,034,194
91$930,854,571$120,306,130$64,282,694$486,110,450
92$1,025,700,243$126,099,636$66,334,670$532,346,910
93$1,130,216,976$132,173,826$68,452,189$583,162,296
94$1,245,391,118$138,542,354$70,637,348$639,017,788
95$1,372,309,620$145,219,538$72,892,308$700,421,347
96$1,512,170,301$152,220,395$75,219,300$767,932,474
97$1,666,293,153$159,560,675$77,620,627$842,167,454
98$1,836,132,801$167,256,895$80,098,665$923,805,135
99$2,023,292,243$175,326,379$82,655,866$1,013,593,297
100$2,229,537,976$183,787,296$85,294,762$1,112,355,667