Can I retire at age 51 with 17,900,000?

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,400,270
2 years$731,765$718,137$704,928$692,122$679,701$652,502
3 years$482,997$469,310$456,135$443,449$431,230$404,782
4 years$358,638$344,993$331,950$319,480$307,557$282,064
5 years$284,042$270,478$257,607$245,392$233,800$209,334
6 years$234,327$220,866$208,184$196,242$184,998$161,586
7 years$198,831$185,483$173,002$161,341$150,453$128,101
8 years$172,221$158,993$146,720$135,345$124,815$103,517
9 years$151,535$138,432$126,370$115,284$105,112$84,855
10 years$134,996$122,021$110,172$99,376$89,561$70,326
11 years$121,473$108,628$96,994$86,487$77,025$58,790
12 years$110,211$97,499$86,079$75,860$66,749$49,487
13 years$100,690$88,110$76,906$66,973$58,206$41,891
14 years$92,536$80,090$69,101$59,452$51,023$35,624
15 years$85,476$73,164$62,388$53,020$44,925$30,410
16 years$79,304$67,126$56,564$47,474$39,705$26,043
17 years$73,864$61,821$51,471$42,655$35,205$22,362
18 years$69,033$57,125$46,987$38,441$31,303$19,245
19 years$64,717$52,943$43,014$34,734$27,901$16,594
20 years$60,836$49,197$39,476$31,459$24,921$14,332
21 years$57,330$45,825$36,310$28,551$22,302$12,395
22 years$54,147$42,776$33,466$25,959$19,990$10,733
23 years$51,245$40,008$30,900$23,642$17,945$9,303
24 years$48,589$37,485$28,577$21,562$16,129$8,071
25 years$46,149$35,177$26,468$19,692$14,514$7,008
26 years$43,900$33,061$24,548$18,005$13,073$6,088
27 years$41,822$31,114$22,795$16,481$11,787$5,293
28 years$39,895$29,319$21,191$15,100$10,635$4,603
29 years$38,105$27,659$19,720$13,847$9,603$4,005
30 years$36,437$26,121$18,368$12,708$8,677$3,486
31 years$34,879$24,693$17,124$11,671$7,845$3,036
32 years$33,422$23,365$15,977$10,726$7,096$2,644
33 years$32,056$22,127$14,918$9,864$6,422$2,303
34 years$30,773$20,971$13,938$9,075$5,815$2,007
35 years$29,567$19,891$13,031$8,354$5,267$1,749
36 years$28,429$18,879$12,191$7,694$4,772$1,525
37 years$27,356$17,931$11,410$7,089$4,325$1,329
38 years$26,342$17,041$10,685$6,534$3,921$1,159
39 years$25,382$16,204$10,011$6,025$3,556$1,010
40 years$24,472$15,417$9,383$5,557$3,225$881
41 years$23,609$14,675$8,798$5,127$2,926$768
42 years$22,789$13,976$8,253$4,732$2,655$670
43 years$22,010$13,317$7,745$4,368$2,409$585
44 years$21,268$12,694$7,270$4,033$2,187$510
45 years$20,561$12,104$6,826$3,725$1,985$445
46 years$19,886$11,547$6,411$3,441$1,803$388
47 years$19,243$11,020$6,023$3,179$1,637$339
48 years$18,628$10,520$5,660$2,937$1,487$295
49 years$18,039$10,046$5,320$2,714$1,350$258
50 years$17,477$9,596$5,002$2,509$1,226$225

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,900,000, adding $5,095 every year, while hoping to spend $20,353 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: 53/40/7 Blend
50$17,900,000$17,900,000$17,900,000$17,900,000
51$19,731,055$18,782,355$18,504,905$20,743,535
52$21,721,968$19,681,035$19,103,164$22,328,759
53$23,915,271$20,623,069$19,720,783$24,049,790
54$26,331,587$21,610,558$20,358,388$25,921,596
55$28,993,642$22,645,708$21,016,627$27,958,420
56$31,926,478$23,730,832$21,696,168$30,175,908
57$35,157,691$24,868,355$22,397,702$32,591,246
58$38,717,691$26,060,820$23,121,940$35,223,314
59$42,639,989$27,310,894$23,869,619$38,092,856
60$46,961,514$28,621,374$24,641,498$41,222,669
61$51,722,961$29,995,193$25,438,360$44,637,810
62$56,969,173$31,435,428$26,261,015$48,365,818
63$62,749,569$32,945,304$27,110,299$52,436,973
64$69,118,606$34,528,205$27,987,075$56,884,560
65$76,136,294$36,187,678$28,892,233$61,745,185
66$83,868,766$37,927,444$29,826,693$67,059,100
67$92,388,897$39,751,406$30,791,404$72,870,574
68$101,776,996$41,663,655$31,787,347$79,228,301
69$112,121,559$43,668,485$32,815,533$86,185,843
70$123,520,113$45,770,395$33,877,008$93,802,124
71$136,080,127$47,974,107$34,972,851$102,141,972
72$149,920,033$50,284,571$36,104,174$111,276,717
73$165,170,341$52,706,979$37,272,128$121,284,847
74$181,974,871$55,246,777$38,477,900$132,252,731
75$200,492,115$57,909,676$39,722,716$144,275,423
76$220,896,725$60,701,664$41,007,842$157,457,536
77$243,381,169$63,629,024$42,334,583$171,914,213
78$268,157,545$66,698,344$43,704,288$187,772,194
79$295,459,584$69,916,532$45,118,351$205,170,991
80$325,544,855$73,290,835$46,578,210$224,264,186
81$358,697,198$76,828,854$48,085,347$245,220,853
82$395,229,404$80,538,559$49,641,298$268,227,138
83$435,486,164$84,428,309$51,247,642$293,487,983
84$479,847,330$88,506,874$52,906,016$321,229,042
85$528,731,495$92,783,447$54,618,104$351,698,778
86$582,599,946$97,267,675$56,385,649$385,170,785
87$641,961,021$101,969,672$58,210,449$421,946,336
88$707,374,905$106,900,046$60,094,360$462,357,200
89$779,458,923$112,069,926$62,039,298$506,768,738
90$858,893,362$117,490,981$64,047,243$555,583,319
91$946,427,896$123,175,450$66,120,237$609,244,082
92$1,042,888,667$129,136,172$68,260,390$668,239,081
93$1,149,186,077$135,386,611$70,469,880$733,105,856
94$1,266,323,391$141,940,889$72,750,954$804,436,460
95$1,395,406,201$148,813,817$75,105,936$882,883,008
96$1,537,652,869$156,020,929$77,537,220$969,163,789
97$1,694,406,027$163,578,521$80,047,283$1,064,069,998
98$1,867,145,254$171,503,680$82,638,678$1,168,473,151
99$2,057,501,040$179,814,330$85,314,044$1,283,333,266
100$2,267,270,186$188,529,273$88,076,105$1,409,707,867