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%14.9%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,398,552
2 years$731,765$718,137$704,928$692,122$679,701$650,792
3 years$482,997$469,310$456,135$443,449$431,230$403,134
4 years$358,638$344,993$331,950$319,480$307,557$280,489
5 years$284,042$270,478$257,607$245,392$233,800$207,838
6 years$234,327$220,866$208,184$196,242$184,998$160,170
7 years$198,831$185,483$173,002$161,341$150,453$126,764
8 years$172,221$158,993$146,720$135,345$124,815$102,259
9 years$151,535$138,432$126,370$115,284$105,112$83,674
10 years$134,996$122,021$110,172$99,376$89,561$69,219
11 years$121,473$108,628$96,994$86,487$77,025$57,755
12 years$110,211$97,499$86,079$75,860$66,749$48,521
13 years$100,690$88,110$76,906$66,973$58,206$40,991
14 years$92,536$80,090$69,101$59,452$51,023$34,788
15 years$85,476$73,164$62,388$53,020$44,925$29,636
16 years$79,304$67,126$56,564$47,474$39,705$25,325
17 years$73,864$61,821$51,471$42,655$35,205$21,699
18 years$69,033$57,125$46,987$38,441$31,303$18,634
19 years$64,717$52,943$43,014$34,734$27,901$16,031
20 years$60,836$49,197$39,476$31,459$24,921$13,815
21 years$57,330$45,825$36,310$28,551$22,302$11,921
22 years$54,147$42,776$33,466$25,959$19,990$10,298
23 years$51,245$40,008$30,900$23,642$17,945$8,906
24 years$48,589$37,485$28,577$21,562$16,129$7,708
25 years$46,149$35,177$26,468$19,692$14,514$6,677
26 years$43,900$33,061$24,548$18,005$13,073$5,787
27 years$41,822$31,114$22,795$16,481$11,787$5,018
28 years$39,895$29,319$21,191$15,100$10,635$4,354
29 years$38,105$27,659$19,720$13,847$9,603$3,779
30 years$36,437$26,121$18,368$12,708$8,677$3,281
31 years$34,879$24,693$17,124$11,671$7,845$2,850
32 years$33,422$23,365$15,977$10,726$7,096$2,476
33 years$32,056$22,127$14,918$9,864$6,422$2,152
34 years$30,773$20,971$13,938$9,075$5,815$1,870
35 years$29,567$19,891$13,031$8,354$5,267$1,626
36 years$28,429$18,879$12,191$7,694$4,772$1,413
37 years$27,356$17,931$11,410$7,089$4,325$1,229
38 years$26,342$17,041$10,685$6,534$3,921$1,069
39 years$25,382$16,204$10,011$6,025$3,556$930
40 years$24,472$15,417$9,383$5,557$3,225$809
41 years$23,609$14,675$8,798$5,127$2,926$703
42 years$22,789$13,976$8,253$4,732$2,655$612
43 years$22,010$13,317$7,745$4,368$2,409$532
44 years$21,268$12,694$7,270$4,033$2,187$463
45 years$20,561$12,104$6,826$3,725$1,985$403
46 years$19,886$11,547$6,411$3,441$1,803$351
47 years$19,243$11,020$6,023$3,179$1,637$305
48 years$18,628$10,520$5,660$2,937$1,487$265
49 years$18,039$10,046$5,320$2,714$1,350$231
50 years$17,477$9,596$5,002$2,509$1,226$201

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 $3,136 every year, while hoping to spend $31,536 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: 55/40/5 Blend
50$17,900,000$17,900,000$17,900,000$17,900,000
51$19,729,035$18,780,335$18,502,885$20,793,883
52$21,707,842$19,667,017$19,089,177$22,398,433
53$23,887,431$20,596,090$19,694,054$24,140,660
54$26,288,248$21,569,597$20,318,103$26,036,610
55$28,932,823$22,589,682$20,961,934$28,100,872
56$31,845,985$23,658,590$21,626,173$30,349,468
57$35,055,094$24,778,679$22,311,467$32,800,003
58$38,590,296$25,952,417$23,018,485$35,471,820
59$42,484,817$27,182,396$23,747,914$38,386,180
60$46,775,265$28,471,330$24,500,466$41,566,447
61$51,501,985$29,822,068$25,276,874$45,038,307
62$56,709,432$31,237,594$26,077,895$48,829,997
63$62,446,598$32,721,040$26,904,308$52,972,563
64$68,767,468$34,275,688$27,756,920$57,500,147
65$75,731,534$35,904,981$28,636,560$62,450,292
66$83,404,352$37,612,527$29,544,087$67,864,292
67$91,858,166$39,402,111$30,480,384$73,787,568
68$101,172,586$41,277,701$31,446,364$80,270,083
69$111,435,341$43,243,460$32,442,968$87,366,805
70$122,743,106$45,303,749$33,471,168$95,138,210
71$135,202,416$47,463,146$34,531,965$103,650,840
72$148,930,671$49,726,448$35,626,394$112,977,919
73$164,057,241$52,098,687$36,755,521$123,200,024
74$180,724,695$54,585,138$37,920,446$134,405,837
75$199,090,138$57,191,334$39,122,305$146,692,960
76$219,326,700$59,923,076$40,362,269$160,168,821
77$241,625,165$62,786,449$41,641,547$174,951,671
78$266,195,779$65,787,832$42,961,387$191,171,681
79$293,270,229$68,933,916$44,323,073$208,972,150
80$323,103,830$72,231,716$45,727,934$228,510,838
81$355,977,940$75,688,589$47,177,339$249,961,433
82$392,202,611$79,312,251$48,672,701$273,515,168
83$432,119,518$83,110,793$50,215,477$299,382,604
84$476,105,186$87,092,698$51,807,172$327,795,589
85$524,574,540$91,266,866$53,449,338$359,009,425
86$577,984,827$95,642,626$55,143,575$393,305,246
87$636,839,929$100,229,765$56,891,534$430,992,648
88$701,695,123$105,038,543$58,694,921$472,412,576
89$773,162,317$110,079,724$60,555,493$517,940,517
90$851,915,836$115,364,593$62,475,065$567,990,007
91$938,698,779$120,904,986$64,455,507$623,016,503
92$1,034,330,040$126,713,315$66,498,752$683,521,644
93$1,139,712,034$132,802,598$68,606,790$750,057,950
94$1,255,839,223$139,186,487$70,781,679$823,233,997
95$1,383,807,496$145,879,297$73,025,537$903,720,123
96$1,524,824,522$152,896,044$75,340,555$992,254,709
97$1,680,221,148$160,252,475$77,728,988$1,089,651,104
98$1,851,463,962$167,965,103$80,193,166$1,196,805,259
99$2,040,169,142$176,051,249$82,735,492$1,314,704,131
100$2,248,117,709$184,529,074$85,358,446$1,444,434,945