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%13.1%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,377,466
2 years$715,413$702,089$689,176$676,656$664,512$646,394
3 years$472,204$458,823$445,942$433,540$421,594$403,930
4 years$350,624$337,283$324,532$312,341$300,684$283,611
5 years$277,695$264,434$251,850$239,908$228,575$212,142
6 years$229,091$215,930$203,532$191,856$180,864$165,090
7 years$194,388$181,338$169,136$157,736$147,091$131,982
8 years$168,372$155,440$143,441$132,321$122,026$107,581
9 years$148,149$135,339$123,546$112,708$102,763$88,976
10 years$131,979$119,294$107,710$97,155$87,560$74,420
11 years$118,758$106,201$94,826$84,554$75,304$62,800
12 years$107,749$95,320$84,156$74,165$65,257$53,375
13 years$98,440$86,142$75,188$65,477$56,905$45,629
14 years$90,468$78,300$67,556$58,123$49,883$39,196
15 years$83,566$71,529$60,994$51,836$43,921$33,806
16 years$77,532$65,626$55,300$46,413$38,817$29,255
17 years$72,213$60,439$50,321$41,702$34,418$25,390
18 years$67,491$55,849$45,937$37,582$30,603$22,089
19 years$63,271$51,760$42,053$33,958$27,277$19,258
20 years$59,477$48,098$38,594$30,756$24,364$16,819
21 years$56,049$44,801$35,499$27,913$21,803$14,712
22 years$52,937$41,820$32,718$25,379$19,544$12,886
23 years$50,100$39,114$30,209$23,113$17,544$11,300
24 years$47,503$36,647$27,938$21,081$15,769$9,920
25 years$45,118$34,391$25,877$19,252$14,189$8,715
26 years$42,919$32,322$23,999$17,603$12,781$7,663
27 years$40,887$30,419$22,285$16,113$11,523$6,742
28 years$39,004$28,664$20,717$14,763$10,398$5,935
29 years$37,253$27,041$19,279$13,538$9,389$5,228
30 years$35,622$25,537$17,958$12,424$8,483$4,607
31 years$34,100$24,141$16,741$11,411$7,670$4,061
32 years$32,675$22,843$15,620$10,487$6,938$3,582
33 years$31,340$21,632$14,585$9,643$6,279$3,160
34 years$30,086$20,502$13,627$8,873$5,685$2,788
35 years$28,906$19,446$12,740$8,168$5,149$2,461
36 years$27,794$18,457$11,918$7,522$4,665$2,172
37 years$26,745$17,530$11,155$6,931$4,228$1,918
38 years$25,753$16,660$10,446$6,388$3,833$1,694
39 years$24,815$15,842$9,787$5,890$3,476$1,496
40 years$23,925$15,072$9,173$5,433$3,153$1,321
41 years$23,082$14,347$8,602$5,013$2,860$1,167
42 years$22,280$13,664$8,069$4,626$2,596$1,031
43 years$21,518$13,019$7,571$4,270$2,356$911
44 years$20,792$12,410$7,107$3,943$2,138$805
45 years$20,101$11,834$6,673$3,641$1,941$712
46 years$19,442$11,289$6,268$3,364$1,762$629
47 years$18,813$10,773$5,888$3,108$1,600$556
48 years$18,211$10,285$5,534$2,872$1,453$491
49 years$17,636$9,821$5,201$2,654$1,320$434
50 years$17,086$9,382$4,890$2,453$1,199$384

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 $3,229 every year, while hoping to spend $42,523 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: 85/9/6 Blend
53$17,500,000$17,500,000$17,500,000$17,500,000
54$19,288,331$18,360,831$18,089,581$20,922,250
55$21,210,496$19,215,267$18,650,338$22,842,706
56$23,327,298$20,110,146$19,228,454$24,945,981
57$25,658,543$21,047,404$19,824,468$27,255,240
58$28,226,058$22,029,071$20,438,932$29,791,155
59$31,053,896$23,057,275$21,072,416$32,576,492
60$34,168,560$24,134,248$21,725,509$35,636,323
61$37,599,255$25,262,329$22,398,816$38,998,264
62$41,378,165$26,443,969$23,092,962$42,692,732
63$45,540,753$27,681,738$23,808,591$46,753,227
64$50,126,098$28,978,332$24,546,367$51,216,650
65$55,177,265$30,336,574$25,306,975$56,123,650
66$60,741,706$31,759,427$26,091,119$61,519,000
67$66,871,717$33,249,995$26,899,528$67,452,022
68$73,624,920$34,811,534$27,732,951$73,977,045
69$81,064,818$36,447,454$28,592,160$81,153,923
70$89,261,385$38,161,335$29,477,953$89,048,587
71$98,291,732$39,956,927$30,391,151$97,733,674
72$108,240,834$41,838,161$31,332,600$107,289,203
73$119,202,330$43,809,162$32,303,172$117,803,328
74$131,279,407$45,874,251$33,303,768$129,373,170
75$144,585,778$48,037,960$34,335,315$142,105,729
76$159,246,748$50,305,040$35,398,769$156,118,886
77$175,400,403$52,680,475$36,495,115$171,542,519
78$193,198,911$55,169,485$37,625,369$188,519,719
79$212,809,959$57,777,549$38,790,578$207,208,140
80$234,418,334$60,510,408$39,991,821$227,781,482
81$258,227,669$63,374,082$41,230,211$250,431,126
82$284,462,363$66,374,885$42,506,896$275,367,935
83$313,369,704$69,519,433$43,823,056$302,824,239
84$345,222,197$72,814,669$45,179,912$333,056,027
85$380,320,141$76,267,868$46,578,719$366,345,354
86$418,994,461$79,886,659$48,020,772$403,002,999
87$461,609,835$83,679,045$49,507,407$443,371,392
88$508,568,132$87,653,412$51,039,999$487,827,843
89$560,312,210$91,818,557$52,619,967$536,788,094
90$617,330,092$96,183,703$54,248,772$590,710,241
91$680,159,578$100,758,521$55,927,923$650,099,047
92$749,393,319$105,553,153$57,658,973$715,510,701
93$825,684,412$110,578,232$59,443,523$787,558,064
94$909,752,565$115,844,908$61,283,224$866,916,441
95$1,002,390,893$121,364,874$63,179,778$954,329,952
96$1,104,473,402$127,150,391$65,134,938$1,050,618,547
97$1,216,963,244$133,214,316$67,150,514$1,156,685,737
98$1,340,921,807$139,570,129$69,228,368$1,273,527,111
99$1,477,518,736$146,231,970$71,370,423$1,402,239,731
100$1,628,042,972$153,214,662$73,578,657$1,544,032,471