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%12.5%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,412,465
2 years$731,765$718,137$704,928$692,122$679,701$664,689
3 years$482,997$469,310$456,135$443,449$431,230$416,579
4 years$358,638$344,993$331,950$319,480$307,557$293,380
5 years$284,042$270,478$257,607$245,392$233,800$220,138
6 years$234,327$220,866$208,184$196,242$184,998$171,868
7 years$198,831$185,483$173,002$161,341$150,453$137,861
8 years$172,221$158,993$146,720$135,345$124,815$112,760
9 years$151,535$138,432$126,370$115,284$105,112$93,590
10 years$134,996$122,021$110,172$99,376$89,561$78,564
11 years$121,473$108,628$96,994$86,487$77,025$66,544
12 years$110,211$97,499$86,079$75,860$66,749$56,773
13 years$100,690$88,110$76,906$66,973$58,206$48,724
14 years$92,536$80,090$69,101$59,452$51,023$42,022
15 years$85,476$73,164$62,388$53,020$44,925$36,390
16 years$79,304$67,126$56,564$47,474$39,705$31,623
17 years$73,864$61,821$51,471$42,655$35,205$27,561
18 years$69,033$57,125$46,987$38,441$31,303$24,081
19 years$64,717$52,943$43,014$34,734$27,901$21,086
20 years$60,836$49,197$39,476$31,459$24,921$18,497
21 years$57,330$45,825$36,310$28,551$22,302$16,253
22 years$54,147$42,776$33,466$25,959$19,990$14,301
23 years$51,245$40,008$30,900$23,642$17,945$12,598
24 years$48,589$37,485$28,577$21,562$16,129$11,110
25 years$46,149$35,177$26,468$19,692$14,514$9,807
26 years$43,900$33,061$24,548$18,005$13,073$8,664
27 years$41,822$31,114$22,795$16,481$11,787$7,660
28 years$39,895$29,319$21,191$15,100$10,635$6,776
29 years$38,105$27,659$19,720$13,847$9,603$5,998
30 years$36,437$26,121$18,368$12,708$8,677$5,311
31 years$34,879$24,693$17,124$11,671$7,845$4,705
32 years$33,422$23,365$15,977$10,726$7,096$4,170
33 years$32,056$22,127$14,918$9,864$6,422$3,697
34 years$30,773$20,971$13,938$9,075$5,815$3,279
35 years$29,567$19,891$13,031$8,354$5,267$2,908
36 years$28,429$18,879$12,191$7,694$4,772$2,580
37 years$27,356$17,931$11,410$7,089$4,325$2,290
38 years$26,342$17,041$10,685$6,534$3,921$2,033
39 years$25,382$16,204$10,011$6,025$3,556$1,804
40 years$24,472$15,417$9,383$5,557$3,225$1,602
41 years$23,609$14,675$8,798$5,127$2,926$1,423
42 years$22,789$13,976$8,253$4,732$2,655$1,264
43 years$22,010$13,317$7,745$4,368$2,409$1,122
44 years$21,268$12,694$7,270$4,033$2,187$997
45 years$20,561$12,104$6,826$3,725$1,985$886
46 years$19,886$11,547$6,411$3,441$1,803$787
47 years$19,243$11,020$6,023$3,179$1,637$699
48 years$18,628$10,520$5,660$2,937$1,487$621
49 years$18,039$10,046$5,320$2,714$1,350$552
50 years$17,477$9,596$5,002$2,509$1,226$490

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 $3,914 every year, while hoping to spend $41,761 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: 65/28/7 Blend
50$17,900,000$17,900,000$17,900,000$17,900,000
51$19,729,837$18,781,137$18,503,687$20,987,195
52$21,697,847$19,656,980$19,079,127$22,699,755
53$23,865,195$20,574,339$19,672,445$24,564,712
54$26,252,168$21,535,204$20,284,195$26,601,102
55$28,881,123$22,541,663$20,914,950$28,825,594
56$31,776,695$23,595,903$21,565,299$31,256,520
57$34,966,032$24,700,215$22,235,849$33,914,042
58$38,479,046$25,857,005$22,927,229$36,820,339
59$42,348,701$27,068,791$23,640,085$39,999,809
60$46,611,323$28,338,216$24,375,081$43,479,297
61$51,306,938$29,668,049$25,132,907$47,288,337
62$56,479,656$31,061,193$25,914,269$51,459,429
63$62,178,082$32,520,693$26,719,898$56,028,337
64$68,455,779$34,049,739$27,550,548$61,034,418
65$75,371,770$35,651,678$28,406,993$66,520,991
66$82,991,098$37,330,018$29,290,034$72,535,734
67$91,385,437$39,088,435$30,200,497$79,131,126
68$100,633,769$40,930,786$31,139,231$86,364,938
69$110,823,132$42,861,114$32,107,114$94,300,766
70$122,049,439$44,883,656$33,105,050$103,008,621
71$134,418,383$47,002,856$34,133,971$112,565,586
72$148,046,437$49,223,375$35,194,837$123,056,528
73$163,061,949$51,550,096$36,288,640$134,574,889
74$179,606,359$53,988,142$37,416,401$147,223,562
75$197,835,530$56,542,883$38,579,172$161,115,844
76$217,921,219$59,219,950$39,778,040$176,376,499
77$240,052,703$62,025,246$41,014,124$193,142,920
78$264,438,559$64,964,964$42,288,577$211,566,413
79$291,308,637$68,045,592$43,602,590$231,813,613
80$320,916,230$71,273,938$44,957,388$254,068,040
81$353,540,462$74,657,137$46,354,237$278,531,821
82$389,488,925$78,202,673$47,794,440$305,427,574
83$429,100,582$81,918,391$49,279,340$335,000,502
84$472,748,967$85,812,518$50,810,324$367,520,684
85$520,845,712$89,893,681$52,388,820$403,285,609
86$573,844,429$94,170,927$54,016,301$442,622,964
87$632,244,999$98,653,739$55,694,284$485,893,708
88$696,598,282$103,352,066$57,424,336$533,495,459
89$767,511,325$108,276,335$59,208,069$585,866,225
90$845,653,089$113,437,485$61,047,149$643,488,514
91$931,760,765$118,846,982$62,943,289$706,893,871
92$1,026,646,732$124,516,853$64,898,258$776,667,862
93$1,131,206,228$130,459,709$66,913,879$853,455,584
94$1,246,425,801$136,688,772$68,992,032$937,967,720
95$1,373,392,622$143,217,911$71,134,654$1,030,987,224
96$1,513,304,747$150,061,666$73,343,743$1,133,376,681
97$1,667,482,430$157,235,287$75,621,357$1,246,086,417
98$1,837,380,586$164,754,764$77,969,620$1,370,163,437
99$2,024,602,524$172,636,866$80,390,721$1,506,761,277
100$2,230,915,088$180,899,179$82,886,917$1,657,150,855