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%12.2%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,382,628
2 years$715,413$702,089$689,176$676,656$664,512$651,568
3 years$472,204$458,823$445,942$433,540$421,594$408,955
4 years$350,624$337,283$324,532$312,341$300,684$288,447
5 years$277,695$264,434$251,850$239,908$228,575$216,776
6 years$229,091$215,930$203,532$191,856$180,864$169,517
7 years$194,388$181,338$169,136$157,736$147,091$136,202
8 years$168,372$155,440$143,441$132,321$122,026$111,594
9 years$148,149$135,339$123,546$112,708$102,763$92,785
10 years$131,979$119,294$107,710$97,155$87,560$78,029
11 years$118,758$106,201$94,826$84,554$75,304$66,214
12 years$107,749$95,320$84,156$74,165$65,257$56,599
13 years$98,440$86,142$75,188$65,477$56,905$48,669
14 years$90,468$78,300$67,556$58,123$49,883$42,057
15 years$83,566$71,529$60,994$51,836$43,921$36,495
16 years$77,532$65,626$55,300$46,413$38,817$31,779
17 years$72,213$60,439$50,321$41,702$34,418$27,755
18 years$67,491$55,849$45,937$37,582$30,603$24,302
19 years$63,271$51,760$42,053$33,958$27,277$21,326
20 years$59,477$48,098$38,594$30,756$24,364$18,749
21 years$56,049$44,801$35,499$27,913$21,803$16,511
22 years$52,937$41,820$32,718$25,379$19,544$14,561
23 years$50,100$39,114$30,209$23,113$17,544$12,857
24 years$47,503$36,647$27,938$21,081$15,769$11,365
25 years$45,118$34,391$25,877$19,252$14,189$10,055
26 years$42,919$32,322$23,999$17,603$12,781$8,904
27 years$40,887$30,419$22,285$16,113$11,523$7,891
28 years$39,004$28,664$20,717$14,763$10,398$6,997
29 years$37,253$27,041$19,279$13,538$9,389$6,208
30 years$35,622$25,537$17,958$12,424$8,483$5,511
31 years$34,100$24,141$16,741$11,411$7,670$4,895
32 years$32,675$22,843$15,620$10,487$6,938$4,349
33 years$31,340$21,632$14,585$9,643$6,279$3,865
34 years$30,086$20,502$13,627$8,873$5,685$3,436
35 years$28,906$19,446$12,740$8,168$5,149$3,056
36 years$27,794$18,457$11,918$7,522$4,665$2,718
37 years$26,745$17,530$11,155$6,931$4,228$2,418
38 years$25,753$16,660$10,446$6,388$3,833$2,152
39 years$24,815$15,842$9,787$5,890$3,476$1,915
40 years$23,925$15,072$9,173$5,433$3,153$1,705
41 years$23,082$14,347$8,602$5,013$2,860$1,518
42 years$22,280$13,664$8,069$4,626$2,596$1,352
43 years$21,518$13,019$7,571$4,270$2,356$1,204
44 years$20,792$12,410$7,107$3,943$2,138$1,072
45 years$20,101$11,834$6,673$3,641$1,941$955
46 years$19,442$11,289$6,268$3,364$1,762$850
47 years$18,813$10,773$5,888$3,108$1,600$757
48 years$18,211$10,285$5,534$2,872$1,453$675
49 years$17,636$9,821$5,201$2,654$1,320$601
50 years$17,086$9,382$4,890$2,453$1,199$536

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 $2,826 every year, while hoping to spend $55,857 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: 59/34/7 Blend
64$17,500,000$17,500,000$17,500,000$17,500,000
65$19,287,915$18,360,415$18,089,165$20,397,472
66$21,195,851$19,200,644$18,635,721$21,982,127
67$23,296,524$20,080,172$19,198,714$23,702,514
68$25,609,535$21,000,866$19,778,636$25,576,869
69$28,156,481$21,964,682$20,375,994$27,619,971
70$30,961,161$22,973,670$20,991,309$29,848,061
71$34,049,799$24,029,980$21,625,117$32,278,996
72$37,451,292$25,135,862$22,277,972$34,932,406
73$41,197,483$26,293,678$22,950,442$37,829,879
74$45,323,458$27,505,900$23,643,115$40,995,153
75$49,867,884$28,775,123$24,356,592$44,454,335
76$54,873,367$30,104,062$25,091,496$48,236,142
77$60,386,856$31,495,567$25,848,467$52,372,161
78$66,460,087$32,952,622$26,628,163$56,897,144
79$73,150,072$34,478,356$27,431,263$61,849,322
80$80,519,634$36,076,050$28,258,464$67,270,763
81$88,638,001$37,749,141$29,110,487$73,207,756
82$97,581,460$39,501,232$29,988,072$79,711,240
83$107,434,078$41,336,101$30,891,981$86,837,276
84$118,288,490$43,257,707$31,822,999$94,647,564
85$130,246,781$45,270,199$32,781,934$103,210,014
86$143,421,443$47,377,929$33,769,619$112,599,380
87$157,936,440$49,585,457$34,786,911$122,897,949
88$173,928,375$51,897,563$35,834,691$134,196,307
89$191,547,784$54,319,258$36,913,867$146,594,182
90$210,960,552$56,855,796$38,025,376$160,201,372
91$232,349,481$59,512,683$39,170,180$175,138,765
92$255,916,017$62,295,693$40,349,269$191,539,466
93$281,882,146$65,210,877$41,563,665$209,550,041
94$310,492,495$68,264,580$42,814,418$229,331,880
95$342,016,638$71,463,454$44,102,610$251,062,705
96$376,751,643$74,814,470$45,429,354$274,938,231
97$415,024,870$78,324,939$46,795,798$301,173,993
98$457,197,071$82,002,525$48,203,121$330,007,363
99$503,665,785$85,855,262$49,652,538$361,699,767
100$554,869,099$89,891,573$51,145,302$396,539,135