Can I retire at age 54 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%15.8%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,362,293
2 years$715,413$702,089$689,176$676,656$664,512$631,276
3 years$472,204$458,823$445,942$433,540$421,594$389,342
4 years$350,624$337,283$324,532$312,341$300,684$269,665
5 years$277,695$264,434$251,850$239,908$228,575$198,875
6 years$229,091$215,930$203,532$191,856$180,864$152,513
7 years$194,388$181,338$169,136$157,736$147,091$120,094
8 years$168,372$155,440$143,441$132,321$122,026$96,371
9 years$148,149$135,339$123,546$112,708$102,763$78,431
10 years$131,979$119,294$107,710$97,155$87,560$64,522
11 years$118,758$106,201$94,826$84,554$75,304$53,529
12 years$107,749$95,320$84,156$74,165$65,257$44,708
13 years$98,440$86,142$75,188$65,477$56,905$37,544
14 years$90,468$78,300$67,556$58,123$49,883$31,668
15 years$83,566$71,529$60,994$51,836$43,921$26,809
16 years$77,532$65,626$55,300$46,413$38,817$22,764
17 years$72,213$60,439$50,321$41,702$34,418$19,379
18 years$67,491$55,849$45,937$37,582$30,603$16,531
19 years$63,271$51,760$42,053$33,958$27,277$14,128
20 years$59,477$48,098$38,594$30,756$24,364$12,092
21 years$56,049$44,801$35,499$27,913$21,803$10,363
22 years$52,937$41,820$32,718$25,379$19,544$8,890
23 years$50,100$39,114$30,209$23,113$17,544$7,634
24 years$47,503$36,647$27,938$21,081$15,769$6,561
25 years$45,118$34,391$25,877$19,252$14,189$5,642
26 years$42,919$32,322$23,999$17,603$12,781$4,855
27 years$40,887$30,419$22,285$16,113$11,523$4,180
28 years$39,004$28,664$20,717$14,763$10,398$3,600
29 years$37,253$27,041$19,279$13,538$9,389$3,102
30 years$35,622$25,537$17,958$12,424$8,483$2,673
31 years$34,100$24,141$16,741$11,411$7,670$2,305
32 years$32,675$22,843$15,620$10,487$6,938$1,987
33 years$31,340$21,632$14,585$9,643$6,279$1,714
34 years$30,086$20,502$13,627$8,873$5,685$1,478
35 years$28,906$19,446$12,740$8,168$5,149$1,276
36 years$27,794$18,457$11,918$7,522$4,665$1,101
37 years$26,745$17,530$11,155$6,931$4,228$950
38 years$25,753$16,660$10,446$6,388$3,833$820
39 years$24,815$15,842$9,787$5,890$3,476$707
40 years$23,925$15,072$9,173$5,433$3,153$611
41 years$23,082$14,347$8,602$5,013$2,860$527
42 years$22,280$13,664$8,069$4,626$2,596$455
43 years$21,518$13,019$7,571$4,270$2,356$393
44 years$20,792$12,410$7,107$3,943$2,138$339
45 years$20,101$11,834$6,673$3,641$1,941$293
46 years$19,442$11,289$6,268$3,364$1,762$253
47 years$18,813$10,773$5,888$3,108$1,600$218
48 years$18,211$10,285$5,534$2,872$1,453$188
49 years$17,636$9,821$5,201$2,654$1,320$163
50 years$17,086$9,382$4,890$2,453$1,199$141

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $17,500,000, adding $4,098 every year, while hoping to spend $42,495 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: 67/24/9 Blend
53$17,500,000$17,500,000$17,500,000$17,500,000
54$19,289,227$18,361,727$18,090,477$20,547,091
55$21,211,514$19,216,237$18,651,294$22,237,797
56$23,328,450$20,111,194$19,229,473$24,080,028
57$25,659,844$21,048,535$19,825,553$26,092,941
58$28,227,525$22,030,290$20,440,086$28,293,216
59$31,055,546$23,058,588$21,073,643$30,699,201
60$34,170,413$24,135,661$21,726,811$33,331,084
61$37,601,334$25,263,846$22,400,197$36,211,076
62$41,380,492$26,445,597$23,094,427$39,363,614
63$45,543,356$27,683,485$23,810,143$42,815,592
64$50,129,006$28,980,203$24,548,011$46,596,607
65$55,180,509$30,338,578$25,308,714$50,739,232
66$60,745,324$31,761,571$26,092,959$55,279,318
67$66,875,747$33,252,288$26,901,472$60,256,328
68$73,629,406$34,813,983$27,735,005$65,713,699
69$81,069,807$36,450,070$28,594,329$71,699,254
70$89,266,930$38,164,126$29,480,242$78,265,634
71$98,297,892$39,959,903$30,393,565$85,470,801
72$108,247,673$41,841,334$31,335,145$93,378,566
73$119,209,918$43,812,542$32,305,855$102,059,193
74$131,287,823$45,877,850$33,306,595$111,590,046
75$144,595,107$48,041,791$34,338,292$122,056,317
76$159,257,086$50,309,117$35,401,903$133,551,816
77$175,411,855$52,684,810$36,498,413$146,179,851
78$193,211,592$55,174,093$37,628,838$160,054,192
79$212,823,996$57,782,446$38,794,226$175,300,134
80$234,433,867$60,515,609$39,995,656$192,055,667
81$258,244,853$63,379,605$41,234,241$210,472,774
82$284,481,369$66,380,747$42,511,129$230,718,846
83$313,390,719$69,525,654$43,827,503$252,978,253
84$345,245,429$72,821,268$45,184,581$277,454,074
85$380,345,819$76,274,865$46,583,620$304,369,996
86$419,022,836$79,894,078$48,025,915$333,972,413
87$461,641,185$83,686,907$49,512,802$366,532,740
88$508,602,762$87,661,742$51,045,658$402,349,953
89$560,350,457$91,827,381$52,625,901$441,753,403
90$617,372,329$96,193,047$54,254,993$485,105,902
91$680,206,214$100,768,414$55,934,444$532,807,132
92$749,444,806$105,563,625$57,665,806$585,297,400
93$825,741,248$110,589,314$59,450,681$643,061,775
94$909,815,298$115,856,633$61,290,722$706,634,646
95$1,002,460,127$121,377,277$63,187,630$776,604,744
96$1,104,549,804$127,163,508$65,143,160$853,620,681
97$1,217,047,549$133,228,184$67,159,121$938,397,046
98$1,341,014,825$139,584,791$69,237,376$1,031,721,127
99$1,477,621,357$146,247,466$71,379,849$1,134,460,321
100$1,628,156,182$153,231,038$73,588,520$1,247,570,290