Can I retire at age 51 with 17,800,000?

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 $17,800,000?

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 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,407,504
2 years$727,677$714,125$700,990$688,256$675,903$663,917
3 years$480,299$466,688$453,587$440,972$428,821$417,112
4 years$356,634$343,065$330,095$317,696$305,839$294,498
5 years$282,455$268,967$256,167$244,021$232,494$221,555
6 years$233,018$219,632$207,021$195,145$183,964$173,441
7 years$197,720$184,447$172,036$160,440$149,612$139,509
8 years$171,259$158,105$145,900$134,589$124,118$114,434
9 years$150,688$137,659$125,664$114,640$104,525$95,258
10 years$134,242$121,339$109,556$98,821$89,061$80,205
11 years$120,794$108,021$96,452$86,004$76,595$68,145
12 years$109,596$96,954$85,598$75,437$66,376$58,322
13 years$100,128$87,618$76,477$66,599$57,881$50,216
14 years$92,019$79,643$68,715$59,119$50,738$43,451
15 years$84,998$72,755$62,040$52,724$44,674$37,755
16 years$78,861$66,751$56,248$47,209$39,483$32,922
17 years$73,451$61,475$51,184$42,417$35,008$28,793
18 years$68,648$56,806$46,724$38,226$31,128$25,247
19 years$64,355$52,647$42,774$34,540$27,745$22,186
20 years$60,497$48,922$39,256$31,283$24,782$19,534
21 years$57,010$45,569$36,108$28,391$22,177$17,228
22 years$53,845$42,537$33,279$25,814$19,879$15,216
23 years$50,959$39,784$30,727$23,510$17,844$13,456
24 years$48,317$37,275$28,417$21,442$16,039$11,912
25 years$45,891$34,981$26,320$19,582$14,433$10,556
26 years$43,655$32,876$24,411$17,905$13,000$9,363
27 years$41,588$30,941$22,667$16,389$11,721$8,310
28 years$39,672$29,155$21,072$15,016$10,576$7,381
29 years$37,892$27,505$19,610$13,770$9,550$6,559
30 years$36,233$25,975$18,266$12,637$8,629$5,832
31 years$34,684$24,555$17,028$11,606$7,801$5,188
32 years$33,235$23,234$15,888$10,666$7,057$4,617
33 years$31,877$22,003$14,835$9,809$6,386$4,110
34 years$30,602$20,854$13,861$9,025$5,782$3,660
35 years$29,401$19,780$12,959$8,308$5,237$3,261
36 years$28,271$18,774$12,122$7,651$4,745$2,905
37 years$27,203$17,831$11,346$7,050$4,301$2,589
38 years$26,195$16,946$10,625$6,498$3,899$2,308
39 years$25,240$16,114$9,955$5,991$3,536$2,058
40 years$24,335$15,331$9,331$5,526$3,207$1,835
41 years$23,477$14,593$8,749$5,099$2,909$1,636
42 years$22,662$13,898$8,207$4,705$2,640$1,460
43 years$21,887$13,242$7,701$4,344$2,396$1,302
44 years$21,149$12,623$7,229$4,011$2,175$1,161
45 years$20,446$12,037$6,788$3,704$1,974$1,036
46 years$19,775$11,483$6,375$3,421$1,793$925
47 years$19,135$10,958$5,989$3,161$1,628$825
48 years$18,524$10,461$5,628$2,921$1,478$736
49 years$17,939$9,990$5,290$2,699$1,343$657
50 years$17,379$9,542$4,974$2,495$1,220$586

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,800,000, adding $2,541 every year, while hoping to spend $24,544 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: 48/22/30 Blend
50$17,800,000$17,800,000$17,800,000$17,800,000
51$19,618,221$18,674,821$18,398,921$20,391,432
52$21,593,165$19,563,773$18,989,170$21,826,263
53$23,768,731$20,495,460$19,598,370$23,381,005
54$26,165,355$21,471,952$20,227,130$25,069,084
55$28,805,561$22,495,417$20,876,078$26,903,110
56$31,714,164$23,568,128$21,545,862$28,896,935
57$34,918,514$24,692,471$22,237,154$31,065,783
58$38,448,746$25,870,947$22,950,643$33,426,388
59$42,338,072$27,106,177$23,687,043$35,997,142
60$46,623,086$28,400,911$24,447,090$38,798,266
61$51,344,118$29,758,033$25,231,545$41,851,993
62$56,545,608$31,180,566$26,041,191$45,182,772
63$62,276,528$32,671,681$26,876,839$48,817,490
64$68,590,845$34,234,705$27,739,324$52,785,720
65$75,548,028$35,873,123$28,629,509$57,119,991
66$83,213,614$37,590,592$29,548,283$61,856,089
67$91,659,819$39,390,947$30,496,567$67,033,383
68$100,966,227$41,278,210$31,475,309$72,695,194
69$111,220,537$43,256,598$32,485,487$78,889,186
70$122,519,393$45,330,533$33,528,112$85,667,815
71$134,969,296$47,504,653$34,604,228$93,088,809
72$148,687,605$49,783,822$35,714,911$101,215,703
73$163,803,652$52,173,141$36,861,272$110,118,430
74$180,459,958$54,677,959$38,044,459$119,873,969
75$198,813,580$57,303,885$39,265,654$130,567,057
76$219,037,593$60,056,803$40,526,081$142,290,982
77$241,322,723$62,942,882$41,827,001$155,148,445
78$265,879,151$65,968,593$43,169,715$169,252,520
79$292,938,492$69,140,721$44,555,568$184,727,704
80$322,755,985$72,466,383$45,985,946$201,711,083
81$355,612,901$75,953,042$47,462,281$220,353,604
82$391,819,202$79,608,526$48,986,052$240,821,487
83$431,716,459$83,441,042$50,558,784$263,297,779
84$475,681,085$87,459,200$52,182,050$287,984,062
85$524,127,883$91,672,029$53,857,476$315,102,338
86$577,513,966$96,088,997$55,586,740$344,897,106
87$636,343,067$100,720,035$57,371,573$377,637,651
88$701,170,302$105,575,558$59,213,763$413,620,564
89$772,607,402$110,666,490$61,115,153$453,172,519
90$851,328,495$116,004,286$63,077,648$496,653,337
91$938,076,466$121,600,960$65,103,214$544,459,358
92$1,033,669,972$127,469,114$67,193,879$597,027,155
93$1,139,011,173$133,621,964$69,351,737$654,837,633
94$1,255,094,241$140,073,369$71,578,949$718,420,540
95$1,383,014,757$146,837,868$73,877,747$788,359,440
96$1,523,980,044$153,930,704$76,250,433$865,297,192
97$1,679,320,569$161,367,870$78,699,384$949,941,988
98$1,850,502,508$169,166,136$81,227,054$1,043,074,006
99$2,039,141,578$177,343,091$83,835,974$1,145,552,741
100$2,247,018,299$185,917,183$86,528,760$1,258,325,085