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

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,376,727
2 years$731,765$718,137$704,928$692,122$679,701$629,217
3 years$482,997$469,310$456,135$443,449$431,230$382,494
4 years$358,638$344,993$331,950$319,480$307,557$260,940
5 years$284,042$270,478$257,607$245,392$233,800$189,425
6 years$234,327$220,866$208,184$196,242$184,998$142,899
7 years$198,831$185,483$173,002$161,341$150,453$110,620
8 years$172,221$158,993$146,720$135,345$124,815$87,216
9 years$151,535$138,432$126,370$115,284$105,112$69,697
10 years$134,996$122,021$110,172$99,376$89,561$56,270
11 years$121,473$108,628$96,994$86,487$77,025$45,790
12 years$110,211$97,499$86,079$75,860$66,749$37,494
13 years$100,690$88,110$76,906$66,973$58,206$30,853
14 years$92,536$80,090$69,101$59,452$51,023$25,490
15 years$85,476$73,164$62,388$53,020$44,925$21,127
16 years$79,304$67,126$56,564$47,474$39,705$17,557
17 years$73,864$61,821$51,471$42,655$35,205$14,622
18 years$69,033$57,125$46,987$38,441$31,303$12,199
19 years$64,717$52,943$43,014$34,734$27,901$10,192
20 years$60,836$49,197$39,476$31,459$24,921$8,526
21 years$57,330$45,825$36,310$28,551$22,302$7,140
22 years$54,147$42,776$33,466$25,959$19,990$5,984
23 years$51,245$40,008$30,900$23,642$17,945$5,018
24 years$48,589$37,485$28,577$21,562$16,129$4,211
25 years$46,149$35,177$26,468$19,692$14,514$3,536
26 years$43,900$33,061$24,548$18,005$13,073$2,970
27 years$41,822$31,114$22,795$16,481$11,787$2,495
28 years$39,895$29,319$21,191$15,100$10,635$2,097
29 years$38,105$27,659$19,720$13,847$9,603$1,763
30 years$36,437$26,121$18,368$12,708$8,677$1,482
31 years$34,879$24,693$17,124$11,671$7,845$1,247
32 years$33,422$23,365$15,977$10,726$7,096$1,049
33 years$32,056$22,127$14,918$9,864$6,422$882
34 years$30,773$20,971$13,938$9,075$5,815$742
35 years$29,567$19,891$13,031$8,354$5,267$624
36 years$28,429$18,879$12,191$7,694$4,772$525
37 years$27,356$17,931$11,410$7,089$4,325$442
38 years$26,342$17,041$10,685$6,534$3,921$372
39 years$25,382$16,204$10,011$6,025$3,556$313
40 years$24,472$15,417$9,383$5,557$3,225$264
41 years$23,609$14,675$8,798$5,127$2,926$222
42 years$22,789$13,976$8,253$4,732$2,655$187
43 years$22,010$13,317$7,745$4,368$2,409$157
44 years$21,268$12,694$7,270$4,033$2,187$132
45 years$20,561$12,104$6,826$3,725$1,985$111
46 years$19,886$11,547$6,411$3,441$1,803$94
47 years$19,243$11,020$6,023$3,179$1,637$79
48 years$18,628$10,520$5,660$2,937$1,487$66
49 years$18,039$10,046$5,320$2,714$1,350$56
50 years$17,477$9,596$5,002$2,509$1,226$47

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 $2,053 every year, while hoping to spend $49,181 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: 45/47/8 Blend
50$17,900,000$17,900,000$17,900,000$17,900,000
51$19,727,918$18,779,218$18,501,768$20,571,367
52$21,687,837$19,647,071$19,069,249$22,021,987
53$23,846,020$20,555,801$19,654,092$23,588,733
54$26,222,637$21,507,359$20,256,827$25,286,400
55$28,839,916$22,503,788$20,878,000$27,127,063
56$31,722,347$23,547,234$21,518,174$29,123,970
57$34,896,921$24,639,943$22,177,927$31,291,661
58$38,393,376$25,784,270$22,857,857$33,646,095
59$42,244,485$26,982,683$23,558,579$36,204,791
60$46,486,358$28,237,770$24,280,727$38,986,986
61$51,158,790$29,552,245$25,024,955$42,013,804
62$56,305,631$30,928,949$25,791,935$45,308,449
63$61,975,202$32,370,864$26,582,362$48,896,410
64$68,220,751$33,881,115$27,396,949$52,805,693
65$75,100,954$35,462,976$28,236,434$57,067,070
66$82,680,471$37,119,882$29,101,574$61,714,364
67$91,030,554$38,855,431$29,993,152$66,784,746
68$100,229,721$40,673,398$30,911,973$72,319,081
69$110,364,496$42,577,737$31,858,867$78,362,295
70$121,530,225$44,572,597$32,834,690$84,963,787
71$133,831,977$46,662,324$33,840,321$92,177,876
72$147,385,537$48,851,476$34,876,670$100,064,302
73$162,318,496$51,144,831$35,944,672$108,688,771
74$178,771,454$53,547,400$37,045,290$118,123,557
75$196,899,353$56,064,433$38,179,518$128,448,166
76$216,872,933$58,701,437$39,348,379$139,750,069
77$238,880,349$61,464,184$40,552,926$152,125,505
78$263,128,943$64,358,727$41,794,247$165,680,367
79$289,847,201$67,391,410$43,073,460$180,531,185
80$319,286,913$70,568,887$44,391,719$196,806,196
81$351,725,548$73,898,132$45,750,211$214,646,534
82$387,468,872$77,386,459$47,150,161$234,207,536
83$426,853,835$81,041,533$48,592,830$255,660,180
84$470,251,753$84,871,396$50,079,517$279,192,672
85$518,071,812$88,884,474$51,611,561$305,012,196
86$570,764,930$93,089,607$53,190,341$333,346,831
87$628,828,015$97,496,059$54,817,279$364,447,682
88$692,808,653$102,113,547$56,493,839$398,591,208
89$763,310,283$106,952,258$58,221,530$436,081,802
90$840,997,885$112,022,872$60,001,905$477,254,622
91$926,604,267$117,336,590$61,836,566$522,478,723
92$1,020,936,975$122,905,156$63,727,163$572,160,493
93$1,124,885,919$128,740,881$65,675,396$626,747,450
94$1,239,431,777$134,856,679$67,683,016$686,732,424
95$1,365,655,249$141,266,086$69,751,828$752,658,157
96$1,504,747,260$147,983,300$71,883,689$825,122,383
97$1,658,020,204$155,023,205$74,080,516$904,783,416
98$1,826,920,333$162,401,410$76,344,282$992,366,312
99$2,013,041,410$170,134,283$78,677,019$1,088,669,654
100$2,218,139,756$178,238,985$81,080,821$1,194,573,039