Can I retire at age 67 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%15.7%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,362,846
2 years$715,413$702,089$689,176$676,656$664,512$631,825
3 years$472,204$458,823$445,942$433,540$421,594$389,869
4 years$350,624$337,283$324,532$312,341$300,684$270,167
5 years$277,695$264,434$251,850$239,908$228,575$199,350
6 years$229,091$215,930$203,532$191,856$180,864$152,961
7 years$194,388$181,338$169,136$157,736$147,091$120,514
8 years$168,372$155,440$143,441$132,321$122,026$96,765
9 years$148,149$135,339$123,546$112,708$102,763$78,799
10 years$131,979$119,294$107,710$97,155$87,560$64,865
11 years$118,758$106,201$94,826$84,554$75,304$53,848
12 years$107,749$95,320$84,156$74,165$65,257$45,004
13 years$98,440$86,142$75,188$65,477$56,905$37,818
14 years$90,468$78,300$67,556$58,123$49,883$31,920
15 years$83,566$71,529$60,994$51,836$43,921$27,042
16 years$77,532$65,626$55,300$46,413$38,817$22,978
17 years$72,213$60,439$50,321$41,702$34,418$19,575
18 years$67,491$55,849$45,937$37,582$30,603$16,711
19 years$63,271$51,760$42,053$33,958$27,277$14,292
20 years$59,477$48,098$38,594$30,756$24,364$12,242
21 years$56,049$44,801$35,499$27,913$21,803$10,499
22 years$52,937$41,820$32,718$25,379$19,544$9,014
23 years$50,100$39,114$30,209$23,113$17,544$7,747
24 years$47,503$36,647$27,938$21,081$15,769$6,663
25 years$45,118$34,391$25,877$19,252$14,189$5,735
26 years$42,919$32,322$23,999$17,603$12,781$4,938
27 years$40,887$30,419$22,285$16,113$11,523$4,255
28 years$39,004$28,664$20,717$14,763$10,398$3,668
29 years$37,253$27,041$19,279$13,538$9,389$3,163
30 years$35,622$25,537$17,958$12,424$8,483$2,728
31 years$34,100$24,141$16,741$11,411$7,670$2,354
32 years$32,675$22,843$15,620$10,487$6,938$2,031
33 years$31,340$21,632$14,585$9,643$6,279$1,753
34 years$30,086$20,502$13,627$8,873$5,685$1,514
35 years$28,906$19,446$12,740$8,168$5,149$1,307
36 years$27,794$18,457$11,918$7,522$4,665$1,129
37 years$26,745$17,530$11,155$6,931$4,228$975
38 years$25,753$16,660$10,446$6,388$3,833$842
39 years$24,815$15,842$9,787$5,890$3,476$727
40 years$23,925$15,072$9,173$5,433$3,153$628
41 years$23,082$14,347$8,602$5,013$2,860$543
42 years$22,280$13,664$8,069$4,626$2,596$469
43 years$21,518$13,019$7,571$4,270$2,356$405
44 years$20,792$12,410$7,107$3,943$2,138$350
45 years$20,101$11,834$6,673$3,641$1,941$303
46 years$19,442$11,289$6,268$3,364$1,762$262
47 years$18,813$10,773$5,888$3,108$1,600$226
48 years$18,211$10,285$5,534$2,872$1,453$195
49 years$17,636$9,821$5,201$2,654$1,320$169
50 years$17,086$9,382$4,890$2,453$1,199$146

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $17,500,000, adding $4,264 every year, while hoping to spend $36,898 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: 51/31/18 Blend
66$17,500,000$17,500,000$17,500,000$17,500,000
67$19,289,398$18,361,898$18,090,648$20,177,215
68$21,217,658$19,222,372$18,657,426$21,649,387
69$23,341,363$20,123,773$19,241,954$23,244,909
70$25,680,411$21,068,066$19,844,788$24,978,814
71$28,256,725$22,057,314$20,466,501$26,864,201
72$31,094,467$23,093,678$21,107,684$28,915,463
73$34,220,258$24,179,423$21,768,947$31,148,411
74$37,663,435$25,316,927$22,450,918$33,580,423
75$41,456,328$26,508,678$23,154,246$36,230,599
76$45,634,558$27,757,288$23,879,598$39,119,934
77$50,237,383$29,065,496$24,627,665$42,271,508
78$55,308,062$30,436,170$25,399,157$45,710,701
79$60,894,264$31,872,322$26,194,808$49,465,419
80$67,048,518$33,377,106$27,015,374$53,566,351
81$73,828,713$34,953,829$27,861,635$58,047,252
82$81,298,636$36,605,962$28,734,394$62,945,250
83$89,528,583$38,337,139$29,634,482$68,301,189
84$98,596,014$40,151,176$30,562,754$74,160,005
85$108,586,293$42,052,068$31,520,091$80,571,135
86$119,593,485$44,044,010$32,507,404$87,588,979
87$131,721,249$46,131,395$33,525,631$95,273,401
88$145,083,816$48,318,833$34,575,739$103,690,279
89$159,807,065$50,611,156$35,658,726$112,912,116
90$176,029,714$53,013,430$36,775,621$123,018,715
91$193,904,626$55,530,970$37,927,486$134,097,912
92$213,600,256$58,169,345$39,115,415$146,246,398
93$235,302,236$60,934,397$40,340,535$159,570,612
94$259,215,133$63,832,252$41,604,012$174,187,734
95$285,564,376$66,869,331$42,907,046$190,226,769
96$314,598,385$70,052,371$44,250,874$207,829,757
97$346,590,915$73,388,432$45,636,774$227,153,087
98$381,843,644$76,884,920$47,066,061$248,368,962
99$420,689,015$80,549,601$48,540,094$271,666,999
100$463,493,380$84,390,617$50,060,272$297,256,004