Can I retire at age 57 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,410,452
2 years$727,677$714,125$700,990$688,256$675,903$666,880
3 years$480,299$466,688$453,587$440,972$428,821$419,999
4 years$356,634$343,065$330,095$317,696$305,839$297,286
5 years$282,455$268,967$256,167$244,021$232,494$224,236
6 years$233,018$219,632$207,021$195,145$183,964$176,012
7 years$197,720$184,447$172,036$160,440$149,612$141,969
8 years$171,259$158,105$145,900$134,589$124,118$116,784
9 years$150,688$137,659$125,664$114,640$104,525$97,499
10 years$134,242$121,339$109,556$98,821$89,061$82,338
11 years$120,794$108,021$96,452$86,004$76,595$70,172
12 years$109,596$96,954$85,598$75,437$66,376$60,246
13 years$100,128$87,618$76,477$66,599$57,881$52,039
14 years$92,019$79,643$68,715$59,119$50,738$45,177
15 years$84,998$72,755$62,040$52,724$44,674$39,386
16 years$78,861$66,751$56,248$47,209$39,483$34,461
17 years$73,451$61,475$51,184$42,417$35,008$30,244
18 years$68,648$56,806$46,724$38,226$31,128$26,613
19 years$64,355$52,647$42,774$34,540$27,745$23,471
20 years$60,497$48,922$39,256$31,283$24,782$20,740
21 years$57,010$45,569$36,108$28,391$22,177$18,359
22 years$53,845$42,537$33,279$25,814$19,879$16,276
23 years$50,959$39,784$30,727$23,510$17,844$14,447
24 years$48,317$37,275$28,417$21,442$16,039$12,839
25 years$45,891$34,981$26,320$19,582$14,433$11,422
26 years$43,655$32,876$24,411$17,905$13,000$10,170
27 years$41,588$30,941$22,667$16,389$11,721$9,062
28 years$39,672$29,155$21,072$15,016$10,576$8,081
29 years$37,892$27,505$19,610$13,770$9,550$7,211
30 years$36,233$25,975$18,266$12,637$8,629$6,437
31 years$34,684$24,555$17,028$11,606$7,801$5,750
32 years$33,235$23,234$15,888$10,666$7,057$5,138
33 years$31,877$22,003$14,835$9,809$6,386$4,593
34 years$30,602$20,854$13,861$9,025$5,782$4,107
35 years$29,401$19,780$12,959$8,308$5,237$3,674
36 years$28,271$18,774$12,122$7,651$4,745$3,288
37 years$27,203$17,831$11,346$7,050$4,301$2,942
38 years$26,195$16,946$10,625$6,498$3,899$2,634
39 years$25,240$16,114$9,955$5,991$3,536$2,358
40 years$24,335$15,331$9,331$5,526$3,207$2,112
41 years$23,477$14,593$8,749$5,099$2,909$1,892
42 years$22,662$13,898$8,207$4,705$2,640$1,694
43 years$21,887$13,242$7,701$4,344$2,396$1,518
44 years$21,149$12,623$7,229$4,011$2,175$1,360
45 years$20,446$12,037$6,788$3,704$1,974$1,219
46 years$19,775$11,483$6,375$3,421$1,793$1,092
47 years$19,135$10,958$5,989$3,161$1,628$979
48 years$18,524$10,461$5,628$2,921$1,478$877
49 years$17,939$9,990$5,290$2,699$1,343$786
50 years$17,379$9,542$4,974$2,495$1,220$705

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $17,800,000, adding $2,639 every year, while hoping to spend $55,763 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: 53/31/16 Blend
56$17,800,000$17,800,000$17,800,000$17,800,000
57$19,618,322$18,674,922$18,399,022$20,573,434
58$21,560,060$19,530,662$18,956,058$22,082,545
59$23,697,985$20,426,464$19,529,886$23,717,555
60$26,052,052$21,364,233$20,121,009$25,495,316
61$28,644,244$22,345,963$20,729,946$27,429,403
62$31,498,789$23,373,748$21,357,231$29,534,735
63$34,642,382$24,449,778$22,003,415$31,827,707
64$38,104,439$25,576,351$22,669,063$34,326,340
65$41,917,375$26,755,875$23,354,759$37,050,448
66$46,116,907$27,990,873$24,061,104$40,021,810
67$50,742,397$29,283,991$24,788,717$43,264,380
68$55,837,217$30,638,002$25,538,233$46,804,495
69$61,449,159$32,055,810$26,310,310$50,671,124
70$67,630,891$33,540,462$27,105,623$54,896,129
71$74,440,447$35,095,150$27,924,867$59,514,561
72$81,941,782$36,723,221$28,768,759$64,564,977
73$90,205,367$38,428,183$29,638,036$70,089,802
74$99,308,862$40,213,712$30,533,458$76,135,714
75$109,337,844$42,083,661$31,455,807$82,754,079
76$120,386,615$44,042,072$32,405,888$90,001,422
77$132,559,095$46,093,179$33,384,530$97,939,952
78$145,969,799$48,241,421$34,392,588$106,638,138
79$160,744,920$50,491,452$35,430,941$116,171,344
80$177,023,518$52,848,149$36,500,494$126,622,525
81$194,958,836$55,316,627$37,602,179$138,083,002
82$214,719,742$57,902,246$38,736,957$150,653,305
83$236,492,326$60,610,627$39,905,816$164,444,115
84$260,481,655$63,447,660$41,109,773$179,577,287
85$286,913,710$66,419,522$42,349,876$196,186,989
86$316,037,517$69,532,687$43,627,206$214,420,951
87$348,127,499$72,793,943$44,942,872$234,441,844
88$383,486,064$76,210,407$46,298,019$256,428,798
89$422,446,465$79,789,539$47,693,824$280,579,071
90$465,375,938$83,539,160$49,131,501$307,109,897
91$512,679,175$87,467,470$50,612,298$336,260,514
92$564,802,142$91,583,067$52,137,500$368,294,400
93$622,236,286$95,894,963$53,708,433$403,501,742
94$685,523,179$100,412,609$55,326,457$442,202,147
95$755,259,628$105,145,911$56,992,978$484,747,641
96$832,103,306$110,105,256$58,709,439$531,525,963
97$916,778,966$115,301,537$60,477,328$582,964,199
98$1,010,085,279$120,746,171$62,298,177$639,532,787
99$1,112,902,374$126,451,129$64,173,562$701,749,931
100$1,226,200,147$132,428,966$66,105,107$770,186,459