Can I retire at age 53 with 17,500,000?

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 $17,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,345,427
2 years$715,413$702,089$689,176$676,656$664,512$614,631
3 years$472,204$458,823$445,942$433,540$421,594$373,447
4 years$350,624$337,283$324,532$312,341$300,684$254,640
5 years$277,695$264,434$251,850$239,908$228,575$184,754
6 years$229,091$215,930$203,532$191,856$180,864$139,299
7 years$194,388$181,338$169,136$157,736$147,091$107,772
8 years$168,372$155,440$143,441$132,321$122,026$84,920
9 years$148,149$135,339$123,546$112,708$102,763$67,821
10 years$131,979$119,294$107,710$97,155$87,560$54,720
11 years$118,758$106,201$94,826$84,554$75,304$44,500
12 years$107,749$95,320$84,156$74,165$65,257$36,413
13 years$98,440$86,142$75,188$65,477$56,905$29,944
14 years$90,468$78,300$67,556$58,123$49,883$24,721
15 years$83,566$71,529$60,994$51,836$43,921$20,475
16 years$77,532$65,626$55,300$46,413$38,817$17,003
17 years$72,213$60,439$50,321$41,702$34,418$14,150
18 years$67,491$55,849$45,937$37,582$30,603$11,796
19 years$63,271$51,760$42,053$33,958$27,277$9,848
20 years$59,477$48,098$38,594$30,756$24,364$8,232
21 years$56,049$44,801$35,499$27,913$21,803$6,888
22 years$52,937$41,820$32,718$25,379$19,544$5,769
23 years$50,100$39,114$30,209$23,113$17,544$4,834
24 years$47,503$36,647$27,938$21,081$15,769$4,053
25 years$45,118$34,391$25,877$19,252$14,189$3,401
26 years$42,919$32,322$23,999$17,603$12,781$2,854
27 years$40,887$30,419$22,285$16,113$11,523$2,396
28 years$39,004$28,664$20,717$14,763$10,398$2,012
29 years$37,253$27,041$19,279$13,538$9,389$1,690
30 years$35,622$25,537$17,958$12,424$8,483$1,420
31 years$34,100$24,141$16,741$11,411$7,670$1,193
32 years$32,675$22,843$15,620$10,487$6,938$1,003
33 years$31,340$21,632$14,585$9,643$6,279$843
34 years$30,086$20,502$13,627$8,873$5,685$709
35 years$28,906$19,446$12,740$8,168$5,149$596
36 years$27,794$18,457$11,918$7,522$4,665$501
37 years$26,745$17,530$11,155$6,931$4,228$421
38 years$25,753$16,660$10,446$6,388$3,833$354
39 years$24,815$15,842$9,787$5,890$3,476$298
40 years$23,925$15,072$9,173$5,433$3,153$250
41 years$23,082$14,347$8,602$5,013$2,860$210
42 years$22,280$13,664$8,069$4,626$2,596$177
43 years$21,518$13,019$7,571$4,270$2,356$149
44 years$20,792$12,410$7,107$3,943$2,138$125
45 years$20,101$11,834$6,673$3,641$1,941$105
46 years$19,442$11,289$6,268$3,364$1,762$89
47 years$18,813$10,773$5,888$3,108$1,600$74
48 years$18,211$10,285$5,534$2,872$1,453$63
49 years$17,636$9,821$5,201$2,654$1,320$53
50 years$17,086$9,382$4,890$2,453$1,199$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $17,500,000, adding $4,311 every year, while hoping to spend $55,816 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: 80/11/9 Blend
52$17,500,000$17,500,000$17,500,000$17,500,000
53$19,289,447$18,361,947$18,090,697$20,806,667
54$21,197,583$19,202,294$18,637,347$22,642,440
55$23,298,477$20,081,948$19,200,440$24,648,636
56$25,611,734$21,002,776$19,780,467$26,848,382
57$28,158,952$21,966,733$20,377,934$29,260,994
58$30,963,934$22,975,871$20,993,363$31,907,739
59$34,052,906$24,032,339$21,627,291$34,812,037
60$37,454,768$25,138,390$22,280,271$37,999,680
61$41,201,367$26,296,384$22,952,873$41,499,067
62$45,327,795$27,508,795$23,645,682$45,341,477
63$49,872,721$28,778,217$24,359,304$49,561,356
64$54,878,756$30,107,367$25,094,358$54,196,641
65$60,392,856$31,499,095$25,851,486$59,289,117
66$66,466,763$32,956,386$26,631,346$64,884,805
67$73,157,494$34,482,371$27,434,618$71,034,398
68$80,527,880$36,080,329$28,261,999$77,793,730
69$88,647,158$37,753,699$29,114,210$85,224,303
70$97,591,623$39,506,085$29,991,991$93,393,866
71$107,445,351$41,341,265$30,896,105$102,377,047
72$118,300,989$43,263,200$31,827,338$112,256,054
73$130,260,634$45,276,041$32,786,497$123,121,449
74$143,436,790$47,384,138$33,774,416$135,072,996
75$157,953,435$49,592,054$34,791,952$148,220,601
76$173,947,190$51,904,569$35,839,987$162,685,343
77$191,568,607$54,326,697$36,919,430$178,600,611
78$210,983,591$56,863,691$38,031,217$196,113,361
79$232,374,966$59,521,060$39,176,311$215,385,496
80$255,944,198$62,304,578$40,355,703$236,595,388
81$281,913,303$65,220,298$41,570,416$259,939,559
82$310,526,934$68,274,567$42,821,499$285,634,527
83$342,054,697$71,474,037$44,110,035$313,918,844
84$376,793,694$74,825,682$45,437,139$345,055,345
85$415,071,325$78,336,815$46,803,957$379,333,615
86$457,248,381$82,015,100$48,211,671$417,072,725
87$503,722,451$85,868,575$49,661,497$458,624,227
88$554,931,670$89,905,664$51,154,686$504,375,471
89$611,358,859$94,135,200$52,692,527$554,753,253
90$673,536,083$98,566,445$54,276,346$610,227,832
91$742,049,670$103,209,107$55,907,510$671,317,364
92$817,545,749$108,073,366$57,587,425$738,592,782
93$900,736,349$113,169,895$59,317,538$812,683,177
94$992,406,120$118,509,884$61,099,339$894,281,727
95$1,093,419,740$124,105,063$62,934,362$984,152,229
96$1,204,730,077$129,967,735$64,824,186$1,083,136,298
97$1,327,387,186$136,110,795$66,770,438$1,192,161,303
98$1,462,548,221$142,547,766$68,774,790$1,312,249,108
99$1,611,488,360$149,292,827$70,838,966$1,444,525,705
100$1,775,612,840$156,360,843$72,964,738$1,590,231,834