Can I retire at age 65 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%14.7%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,368,419
2 years$715,413$702,089$689,176$676,656$664,512$637,363
3 years$472,204$458,823$445,942$433,540$421,594$395,199
4 years$350,624$337,283$324,532$312,341$300,684$275,246
5 years$277,695$264,434$251,850$239,908$228,575$204,167
6 years$229,091$215,930$203,532$191,856$180,864$157,512
7 years$194,388$181,338$169,136$157,736$147,091$124,801
8 years$168,372$155,440$143,441$132,321$122,026$100,792
9 years$148,149$135,339$123,546$112,708$102,763$82,572
10 years$131,979$119,294$107,710$97,155$87,560$68,392
11 years$118,758$106,201$94,826$84,554$75,304$57,137
12 years$107,749$95,320$84,156$74,165$65,257$48,065
13 years$98,440$86,142$75,188$65,477$56,905$40,660
14 years$90,468$78,300$67,556$58,123$49,883$34,553
15 years$83,566$71,529$60,994$51,836$43,921$29,476
16 years$77,532$65,626$55,300$46,413$38,817$25,225
17 years$72,213$60,439$50,321$41,702$34,418$21,644
18 years$67,491$55,849$45,937$37,582$30,603$18,614
19 years$63,271$51,760$42,053$33,958$27,277$16,038
20 years$59,477$48,098$38,594$30,756$24,364$13,841
21 years$56,049$44,801$35,499$27,913$21,803$11,962
22 years$52,937$41,820$32,718$25,379$19,544$10,350
23 years$50,100$39,114$30,209$23,113$17,544$8,964
24 years$47,503$36,647$27,938$21,081$15,769$7,771
25 years$45,118$34,391$25,877$19,252$14,189$6,742
26 years$42,919$32,322$23,999$17,603$12,781$5,853
27 years$40,887$30,419$22,285$16,113$11,523$5,083
28 years$39,004$28,664$20,717$14,763$10,398$4,418
29 years$37,253$27,041$19,279$13,538$9,389$3,841
30 years$35,622$25,537$17,958$12,424$8,483$3,340
31 years$34,100$24,141$16,741$11,411$7,670$2,906
32 years$32,675$22,843$15,620$10,487$6,938$2,529
33 years$31,340$21,632$14,585$9,643$6,279$2,201
34 years$30,086$20,502$13,627$8,873$5,685$1,916
35 years$28,906$19,446$12,740$8,168$5,149$1,669
36 years$27,794$18,457$11,918$7,522$4,665$1,453
37 years$26,745$17,530$11,155$6,931$4,228$1,266
38 years$25,753$16,660$10,446$6,388$3,833$1,103
39 years$24,815$15,842$9,787$5,890$3,476$961
40 years$23,925$15,072$9,173$5,433$3,153$837
41 years$23,082$14,347$8,602$5,013$2,860$729
42 years$22,280$13,664$8,069$4,626$2,596$636
43 years$21,518$13,019$7,571$4,270$2,356$554
44 years$20,792$12,410$7,107$3,943$2,138$483
45 years$20,101$11,834$6,673$3,641$1,941$421
46 years$19,442$11,289$6,268$3,364$1,762$367
47 years$18,813$10,773$5,888$3,108$1,600$320
48 years$18,211$10,285$5,534$2,872$1,453$279
49 years$17,636$9,821$5,201$2,654$1,320$243
50 years$17,086$9,382$4,890$2,453$1,199$212

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $17,500,000, adding $3,302 every year, while hoping to spend $29,787 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: 39/35/26 Blend
64$17,500,000$17,500,000$17,500,000$17,500,000
65$19,288,406$18,360,906$18,089,656$19,891,626
66$21,224,130$19,228,897$18,663,966$21,198,871
67$23,356,300$20,138,422$19,256,518$22,608,457
68$25,704,921$21,091,483$19,867,890$24,132,113
69$28,292,040$22,090,182$20,498,681$25,780,247
70$31,141,949$23,136,722$21,149,507$27,564,274
71$34,281,418$24,233,412$21,821,006$29,496,717
72$37,739,948$25,382,674$22,513,835$31,591,322
73$41,550,045$26,587,048$23,228,671$33,863,174
74$45,747,531$27,849,195$23,966,213$36,328,833
75$50,371,882$29,171,908$24,727,184$39,006,485
76$55,466,597$30,558,114$25,512,327$41,916,100
77$61,079,611$32,010,883$26,322,412$45,079,612
78$67,263,749$33,533,434$27,158,230$48,521,120
79$74,077,220$35,129,140$28,020,599$52,267,100
80$81,584,171$36,801,543$28,910,364$56,346,647
81$89,855,289$38,554,352$29,828,394$60,791,737
82$98,968,473$40,391,459$30,775,589$65,637,520
83$109,009,561$42,316,944$31,752,875$70,922,635
84$120,073,149$44,335,087$32,761,209$76,689,565
85$132,263,478$46,450,374$33,801,578$82,985,024
86$145,695,420$48,667,511$34,874,999$89,860,384
87$160,495,565$50,991,431$35,982,523$97,372,142
88$176,803,410$53,427,308$37,125,234$105,582,443
89$194,772,679$55,980,568$38,304,252$114,559,649
90$214,572,777$58,656,900$39,520,729$124,378,963
91$236,390,383$61,462,271$40,775,856$135,123,129
92$260,431,218$64,402,938$42,070,862$146,883,188
93$286,921,981$67,485,461$43,407,015$159,759,321
94$316,112,496$70,716,721$44,785,623$173,861,775
95$348,278,064$74,103,934$46,208,035$189,311,881
96$383,722,066$77,654,666$47,675,644$206,243,178
97$422,778,825$81,376,853$49,189,886$224,802,651
98$465,816,763$85,278,816$50,752,244$245,152,094
99$513,241,876$89,369,282$52,364,248$267,469,612
100$565,501,573$93,657,402$54,027,476$291,951,276