Can I retire at age 65 with 17,500,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%15.9%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,361,740
2 years$715,413$702,089$689,176$676,656$664,512$630,727
3 years$472,204$458,823$445,942$433,540$421,594$388,815
4 years$350,624$337,283$324,532$312,341$300,684$269,164
5 years$277,695$264,434$251,850$239,908$228,575$198,402
6 years$229,091$215,930$203,532$191,856$180,864$152,067
7 years$194,388$181,338$169,136$157,736$147,091$119,675
8 years$168,372$155,440$143,441$132,321$122,026$95,979
9 years$148,149$135,339$123,546$112,708$102,763$78,065
10 years$131,979$119,294$107,710$97,155$87,560$64,181
11 years$118,758$106,201$94,826$84,554$75,304$53,212
12 years$107,749$95,320$84,156$74,165$65,257$44,414
13 years$98,440$86,142$75,188$65,477$56,905$37,272
14 years$90,468$78,300$67,556$58,123$49,883$31,417
15 years$83,566$71,529$60,994$51,836$43,921$26,578
16 years$77,532$65,626$55,300$46,413$38,817$22,552
17 years$72,213$60,439$50,321$41,702$34,418$19,184
18 years$67,491$55,849$45,937$37,582$30,603$16,354
19 years$63,271$51,760$42,053$33,958$27,277$13,965
20 years$59,477$48,098$38,594$30,756$24,364$11,944
21 years$56,049$44,801$35,499$27,913$21,803$10,228
22 years$52,937$41,820$32,718$25,379$19,544$8,768
23 years$50,100$39,114$30,209$23,113$17,544$7,523
24 years$47,503$36,647$27,938$21,081$15,769$6,460
25 years$45,118$34,391$25,877$19,252$14,189$5,551
26 years$42,919$32,322$23,999$17,603$12,781$4,773
27 years$40,887$30,419$22,285$16,113$11,523$4,106
28 years$39,004$28,664$20,717$14,763$10,398$3,533
29 years$37,253$27,041$19,279$13,538$9,389$3,042
30 years$35,622$25,537$17,958$12,424$8,483$2,619
31 years$34,100$24,141$16,741$11,411$7,670$2,256
32 years$32,675$22,843$15,620$10,487$6,938$1,944
33 years$31,340$21,632$14,585$9,643$6,279$1,675
34 years$30,086$20,502$13,627$8,873$5,685$1,444
35 years$28,906$19,446$12,740$8,168$5,149$1,245
36 years$27,794$18,457$11,918$7,522$4,665$1,073
37 years$26,745$17,530$11,155$6,931$4,228$925
38 years$25,753$16,660$10,446$6,388$3,833$798
39 years$24,815$15,842$9,787$5,890$3,476$688
40 years$23,925$15,072$9,173$5,433$3,153$593
41 years$23,082$14,347$8,602$5,013$2,860$512
42 years$22,280$13,664$8,069$4,626$2,596$441
43 years$21,518$13,019$7,571$4,270$2,356$381
44 years$20,792$12,410$7,107$3,943$2,138$328
45 years$20,101$11,834$6,673$3,641$1,941$283
46 years$19,442$11,289$6,268$3,364$1,762$244
47 years$18,813$10,773$5,888$3,108$1,600$211
48 years$18,211$10,285$5,534$2,872$1,453$182
49 years$17,636$9,821$5,201$2,654$1,320$157
50 years$17,086$9,382$4,890$2,453$1,199$135

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 $4,462 every year, while hoping to spend $31,164 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: 53/22/25 Blend
64$17,500,000$17,500,000$17,500,000$17,500,000
65$19,289,603$18,362,103$18,090,853$20,177,778
66$21,223,984$19,228,687$18,663,738$21,658,347
67$23,354,627$20,136,690$19,254,770$23,265,104
68$25,701,519$21,088,108$19,864,525$25,013,023
69$28,286,683$22,085,034$20,493,595$26,915,601
70$31,134,387$23,129,663$21,142,593$28,987,679
71$34,271,374$24,224,296$21,812,149$31,245,571
72$37,727,114$25,371,347$22,502,917$33,707,213
73$41,534,082$26,573,344$23,215,566$36,392,330
74$45,728,062$27,832,943$23,950,792$39,322,616
75$50,348,490$29,152,922$24,709,309$42,521,928
76$55,438,821$30,536,200$25,491,856$46,016,511
77$61,046,941$31,985,835$26,299,194$49,835,236
78$67,225,621$33,505,032$27,132,108$54,009,868
79$74,033,010$35,097,155$27,991,410$58,575,355
80$81,533,190$36,765,728$28,877,935$63,570,154
81$89,796,776$38,514,449$29,792,546$69,036,584
82$98,901,584$40,347,195$30,736,134$75,021,221
83$108,933,368$42,268,029$31,709,616$81,575,323
84$119,986,623$44,281,214$32,713,940$88,755,313
85$132,165,485$46,391,221$33,750,084$96,623,293
86$145,584,709$48,602,734$34,819,055$105,247,632
87$160,370,751$50,920,670$35,921,895$114,703,589
88$176,662,966$53,350,181$37,059,677$125,074,024
89$194,614,920$55,896,672$38,233,508$136,450,161
90$214,395,842$58,565,809$39,444,531$148,932,444
91$236,192,220$61,363,536$40,693,925$162,631,469
92$260,209,560$64,296,082$41,982,905$177,669,016
93$286,674,330$67,369,985$43,312,726$194,179,188
94$315,836,092$70,592,095$44,684,684$212,309,663
95$347,969,866$73,969,600$46,100,113$232,223,069
96$383,378,717$77,510,035$47,560,392$254,098,511
97$422,396,622$81,221,303$49,066,941$278,133,244
98$465,391,622$85,111,692$50,621,228$304,544,516
99$512,769,295$89,189,891$52,224,766$333,571,607
100$564,976,583$93,465,016$53,879,115$365,478,064