Can I retire at age 59 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%12.8%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,379,181
2 years$715,413$702,089$689,176$676,656$664,512$648,111
3 years$472,204$458,823$445,942$433,540$421,594$405,596
4 years$350,624$337,283$324,532$312,341$300,684$285,212
5 years$277,695$264,434$251,850$239,908$228,575$213,674
6 years$229,091$215,930$203,532$191,856$180,864$166,552
7 years$194,388$181,338$169,136$157,736$147,091$133,374
8 years$168,372$155,440$143,441$132,321$122,026$108,903
9 years$148,149$135,339$123,546$112,708$102,763$90,229
10 years$131,979$119,294$107,710$97,155$87,560$75,605
11 years$118,758$106,201$94,826$84,554$75,304$63,919
12 years$107,749$95,320$84,156$74,165$65,257$54,430
13 years$98,440$86,142$75,188$65,477$56,905$46,622
14 years$90,468$78,300$67,556$58,123$49,883$40,129
15 years$83,566$71,529$60,994$51,836$43,921$34,681
16 years$77,532$65,626$55,300$46,413$38,817$30,075
17 years$72,213$60,439$50,321$41,702$34,418$26,157
18 years$67,491$55,849$45,937$37,582$30,603$22,805
19 years$63,271$51,760$42,053$33,958$27,277$19,925
20 years$59,477$48,098$38,594$30,756$24,364$17,441
21 years$56,049$44,801$35,499$27,913$21,803$15,290
22 years$52,937$41,820$32,718$25,379$19,544$13,423
23 years$50,100$39,114$30,209$23,113$17,544$11,798
24 years$47,503$36,647$27,938$21,081$15,769$10,381
25 years$45,118$34,391$25,877$19,252$14,189$9,142
26 years$42,919$32,322$23,999$17,603$12,781$8,057
27 years$40,887$30,419$22,285$16,113$11,523$7,106
28 years$39,004$28,664$20,717$14,763$10,398$6,271
29 years$37,253$27,041$19,279$13,538$9,389$5,537
30 years$35,622$25,537$17,958$12,424$8,483$4,891
31 years$34,100$24,141$16,741$11,411$7,670$4,323
32 years$32,675$22,843$15,620$10,487$6,938$3,822
33 years$31,340$21,632$14,585$9,643$6,279$3,380
34 years$30,086$20,502$13,627$8,873$5,685$2,990
35 years$28,906$19,446$12,740$8,168$5,149$2,645
36 years$27,794$18,457$11,918$7,522$4,665$2,341
37 years$26,745$17,530$11,155$6,931$4,228$2,072
38 years$25,753$16,660$10,446$6,388$3,833$1,835
39 years$24,815$15,842$9,787$5,890$3,476$1,625
40 years$23,925$15,072$9,173$5,433$3,153$1,439
41 years$23,082$14,347$8,602$5,013$2,860$1,274
42 years$22,280$13,664$8,069$4,626$2,596$1,129
43 years$21,518$13,019$7,571$4,270$2,356$1,000
44 years$20,792$12,410$7,107$3,943$2,138$886
45 years$20,101$11,834$6,673$3,641$1,941$785
46 years$19,442$11,289$6,268$3,364$1,762$696
47 years$18,813$10,773$5,888$3,108$1,600$616
48 years$18,211$10,285$5,534$2,872$1,453$546
49 years$17,636$9,821$5,201$2,654$1,320$484
50 years$17,086$9,382$4,890$2,453$1,199$429

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $17,500,000, adding $3,444 every year, while hoping to spend $49,094 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: 74/13/13 Blend
58$17,500,000$17,500,000$17,500,000$17,500,000
59$19,288,552$18,361,052$18,089,802$20,663,475
60$21,203,749$19,208,508$18,643,575$22,420,058
61$23,312,651$20,095,844$19,214,254$24,337,646
62$25,634,963$21,024,962$19,802,353$26,437,310
63$28,192,400$21,997,856$20,408,403$28,737,099
64$31,008,890$23,016,617$21,032,950$31,256,885
65$34,110,799$24,083,433$21,676,556$34,018,544
66$37,527,181$25,200,602$22,339,801$37,046,160
67$41,290,053$26,370,531$23,023,284$40,366,249
68$45,434,693$27,595,741$23,727,618$44,008,010
69$49,999,977$28,878,879$24,453,439$48,003,589
70$55,028,745$30,222,714$25,201,400$52,388,387
71$60,568,204$31,630,154$25,972,174$57,201,388
72$66,670,374$33,104,244$26,766,454$62,485,522
73$73,392,577$34,648,177$27,584,956$68,288,066
74$80,797,982$36,265,301$28,428,414$74,661,089
75$88,956,199$37,959,123$29,297,589$81,661,935
76$97,943,934$39,733,322$30,193,260$89,353,764
77$107,845,715$41,591,755$31,116,235$97,806,142
78$118,754,690$43,538,463$32,067,341$107,095,692
79$130,773,505$45,577,685$33,047,433$117,306,812
80$144,015,273$47,713,861$34,057,392$128,532,468
81$158,604,642$49,951,652$35,098,126$140,875,065
82$174,678,970$52,295,937$36,170,568$154,447,409
83$192,389,625$54,751,838$37,275,682$169,373,763
84$211,903,408$57,324,719$38,414,458$185,791,017
85$233,404,133$60,020,209$39,587,921$203,849,971
86$257,094,360$62,844,204$40,797,121$223,716,756
87$283,197,305$65,802,890$42,043,144$245,574,388
88$311,958,948$68,902,750$43,327,108$269,624,495
89$343,650,358$72,150,581$44,650,163$296,089,210
90$378,570,247$75,553,512$46,013,496$325,213,258
91$417,047,792$79,119,015$47,418,329$357,266,261
92$459,445,744$82,854,923$48,865,920$392,545,270
93$506,163,848$86,769,452$50,357,566$431,377,566
94$557,642,619$90,871,214$51,894,603$474,123,736
95$614,367,502$95,169,240$53,478,408$521,181,064
96$676,873,451$99,672,996$55,110,399$572,987,279
97$745,749,981$104,392,412$56,792,035$630,024,668
98$821,646,734$109,337,894$58,524,823$692,824,623
99$905,279,609$114,520,359$60,310,313$761,972,642
100$997,437,521$119,951,249$62,150,100$838,113,847