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%13.6%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,398,186
2 years$727,677$714,125$700,990$688,256$675,903$654,581
3 years$480,299$466,688$453,587$440,972$428,821$408,051
4 years$356,634$343,065$330,095$317,696$305,839$285,781
5 years$282,455$268,967$256,167$244,021$232,494$213,207
6 years$233,018$219,632$207,021$195,145$183,964$165,471
7 years$197,720$184,447$172,036$160,440$149,612$131,918
8 years$171,259$158,105$145,900$134,589$124,118$107,220
9 years$150,688$137,659$125,664$114,640$104,525$88,415
10 years$134,242$121,339$109,556$98,821$89,061$73,726
11 years$120,794$108,021$96,452$86,004$76,595$62,021
12 years$109,596$96,954$85,598$75,437$66,376$52,544
13 years$100,128$87,618$76,477$66,599$57,881$44,773
14 years$92,019$79,643$68,715$59,119$50,738$38,332
15 years$84,998$72,755$62,040$52,724$44,674$32,948
16 years$78,861$66,751$56,248$47,209$39,483$28,414
17 years$73,451$61,475$51,184$42,417$35,008$24,573
18 years$68,648$56,806$46,724$38,226$31,128$21,301
19 years$64,355$52,647$42,774$34,540$27,745$18,503
20 years$60,497$48,922$39,256$31,283$24,782$16,100
21 years$57,010$45,569$36,108$28,391$22,177$14,031
22 years$53,845$42,537$33,279$25,814$19,879$12,243
23 years$50,959$39,784$30,727$23,510$17,844$10,695
24 years$48,317$37,275$28,417$21,442$16,039$9,351
25 years$45,891$34,981$26,320$19,582$14,433$8,184
26 years$43,655$32,876$24,411$17,905$13,000$7,167
27 years$41,588$30,941$22,667$16,389$11,721$6,281
28 years$39,672$29,155$21,072$15,016$10,576$5,507
29 years$37,892$27,505$19,610$13,770$9,550$4,831
30 years$36,233$25,975$18,266$12,637$8,629$4,240
31 years$34,684$24,555$17,028$11,606$7,801$3,722
32 years$33,235$23,234$15,888$10,666$7,057$3,269
33 years$31,877$22,003$14,835$9,809$6,386$2,872
34 years$30,602$20,854$13,861$9,025$5,782$2,523
35 years$29,401$19,780$12,959$8,308$5,237$2,218
36 years$28,271$18,774$12,122$7,651$4,745$1,949
37 years$27,203$17,831$11,346$7,050$4,301$1,714
38 years$26,195$16,946$10,625$6,498$3,899$1,507
39 years$25,240$16,114$9,955$5,991$3,536$1,325
40 years$24,335$15,331$9,331$5,526$3,207$1,166
41 years$23,477$14,593$8,749$5,099$2,909$1,025
42 years$22,662$13,898$8,207$4,705$2,640$902
43 years$21,887$13,242$7,701$4,344$2,396$794
44 years$21,149$12,623$7,229$4,011$2,175$698
45 years$20,446$12,037$6,788$3,704$1,974$614
46 years$19,775$11,483$6,375$3,421$1,793$541
47 years$19,135$10,958$5,989$3,161$1,628$476
48 years$18,524$10,461$5,628$2,921$1,478$419
49 years$17,939$9,990$5,290$2,699$1,343$368
50 years$17,379$9,542$4,974$2,495$1,220$324

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 $4,749 every year, while hoping to spend $40,321 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: 29/41/30 Blend
56$17,800,000$17,800,000$17,800,000$17,800,000
57$19,620,499$18,677,099$18,401,199$20,008,151
58$21,578,888$19,549,375$18,974,738$21,189,851
59$23,735,682$20,463,042$19,566,139$22,455,523
60$26,111,075$21,420,084$20,175,958$23,815,423
61$28,727,320$22,422,584$20,804,768$25,277,736
62$31,608,940$23,472,723$21,453,160$26,851,421
63$34,782,954$24,572,789$22,121,743$28,546,286
64$38,279,140$25,725,180$22,811,146$30,373,072
65$42,130,308$26,932,411$23,522,016$32,343,549
66$46,372,618$28,197,116$24,255,021$34,470,612
67$51,045,910$29,522,061$25,010,850$36,768,396
68$56,194,092$30,910,141$25,790,213$39,252,400
69$61,865,546$32,364,394$26,593,841$41,939,618
70$68,113,587$33,888,005$27,422,491$44,848,693
71$74,996,968$35,484,312$28,276,939$48,000,078
72$82,580,431$37,156,816$29,157,989$51,416,219
73$90,935,321$38,909,186$30,066,468$55,121,750
74$100,140,259$40,745,271$31,003,229$59,143,717
75$110,281,880$42,669,104$31,969,152$63,511,814
76$121,455,656$44,684,915$32,965,143$68,258,654
77$133,766,797$46,797,139$33,992,139$73,420,056
78$147,331,237$49,010,426$35,051,103$79,035,369
79$162,276,738$51,329,651$36,143,029$85,147,830
80$178,744,088$53,759,927$37,268,943$91,804,947
81$196,888,433$56,306,612$38,429,901$99,058,936
82$216,880,744$58,975,327$39,626,994$106,967,189
83$238,909,427$61,771,964$40,861,345$115,592,802
84$263,182,100$64,702,702$42,134,112$125,005,140
85$289,927,559$67,774,020$43,446,489$135,280,481
86$319,397,933$70,992,710$44,799,710$146,502,702
87$351,871,065$74,365,895$46,195,042$158,764,053
88$387,653,134$77,901,044$47,633,797$172,166,004
89$427,081,548$81,605,989$49,117,323$186,820,168
90$470,528,125$85,488,942$50,647,013$202,849,336
91$518,402,608$89,558,514$52,224,302$220,388,601
92$571,156,527$93,823,735$53,850,669$239,586,607
93$629,287,467$98,294,071$55,527,640$260,606,917
94$693,343,761$102,979,454$57,256,789$283,629,525
95$763,929,670$107,890,292$59,039,736$308,852,521
96$841,711,084$113,037,504$60,878,155$336,493,926
97$927,421,811$118,432,538$62,773,770$366,793,708
98$1,021,870,502$124,087,399$64,728,358$400,016,010
99$1,125,948,287$130,014,676$66,743,752$436,451,603
100$1,240,637,187$136,227,569$68,821,842$476,420,585