Can I retire at age 51 with 17,300,000?

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 $17,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,362,853
2 years$707,237$694,065$681,300$668,923$656,917$640,138
3 years$466,808$453,579$440,846$428,585$416,775$400,410
4 years$346,617$333,429$320,823$308,772$297,248$281,424
5 years$274,521$261,412$248,972$237,166$225,963$210,726
6 years$226,473$213,463$201,206$189,664$178,797$164,165
7 years$192,166$179,266$167,203$155,933$145,410$131,389
8 years$166,448$153,664$141,802$130,808$120,631$107,221
9 years$146,455$133,792$122,134$111,420$101,589$88,783
10 years$130,471$117,931$106,479$96,045$86,559$74,349
11 years$117,401$104,987$93,742$83,588$74,444$62,818
12 years$106,517$94,231$83,194$73,318$64,511$53,458
13 years$97,315$85,157$74,328$64,729$56,255$45,760
14 years$89,434$77,405$66,784$57,459$49,313$39,361
15 years$82,611$70,711$60,297$51,243$43,419$33,994
16 years$76,646$64,876$54,668$45,883$38,374$29,459
17 years$71,388$59,749$49,746$41,225$34,025$25,603
18 years$66,719$55,210$45,412$37,152$30,253$22,306
19 years$62,547$51,168$41,572$33,570$26,965$19,475
20 years$58,797$47,548$38,153$30,404$24,086$17,034
21 years$55,409$44,289$35,093$27,594$21,554$14,923
22 years$52,332$41,342$32,344$25,089$19,320$13,091
23 years$49,527$38,667$29,864$22,849$17,343$11,497
24 years$46,960$36,228$27,619$20,840$15,588$10,108
25 years$44,602$33,998$25,581$19,032$14,027$8,895
26 years$42,429$31,953$23,725$17,402$12,635$7,833
27 years$40,420$30,071$22,031$15,928$11,392$6,903
28 years$38,558$28,336$20,480$14,594$10,279$6,087
29 years$36,827$26,732$19,059$13,383$9,282$5,370
30 years$35,215$25,246$17,752$12,282$8,386$4,740
31 years$33,710$23,865$16,550$11,280$7,582$4,185
32 years$32,302$22,581$15,442$10,367$6,859$3,697
33 years$30,982$21,385$14,418$9,533$6,207$3,267
34 years$29,742$20,268$13,471$8,771$5,620$2,887
35 years$28,576$19,224$12,595$8,074$5,090$2,553
36 years$27,476$18,246$11,782$7,436$4,612$2,257
37 years$26,439$17,330$11,028$6,852$4,180$1,996
38 years$25,459$16,470$10,327$6,315$3,789$1,766
39 years$24,531$15,661$9,675$5,823$3,436$1,562
40 years$23,652$14,900$9,069$5,371$3,117$1,383
41 years$22,818$14,184$8,503$4,955$2,828$1,223
42 years$22,025$13,508$7,977$4,573$2,566$1,083
43 years$21,272$12,870$7,485$4,222$2,329$958
44 years$20,555$12,268$7,026$3,898$2,114$848
45 years$19,872$11,699$6,597$3,600$1,919$751
46 years$19,220$11,160$6,196$3,325$1,742$665
47 years$18,598$10,650$5,821$3,072$1,582$589
48 years$18,003$10,167$5,470$2,839$1,437$521
49 years$17,435$9,709$5,142$2,624$1,305$462
50 years$16,891$9,274$4,834$2,425$1,185$409

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,300,000, adding $6,595 every year, while hoping to spend $54,692 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: 62/14/24 Blend
50$17,300,000$17,300,000$17,300,000$17,300,000
51$19,071,403$18,154,503$17,886,353$20,132,515
52$20,958,494$18,985,882$18,427,354$21,683,216
53$23,036,235$19,856,165$18,984,645$23,368,996
54$25,324,016$20,767,201$19,558,715$25,208,433
55$27,843,199$21,720,928$20,150,066$27,216,536
56$30,617,328$22,719,376$20,759,215$29,409,814
57$33,672,342$23,764,672$21,386,696$31,806,437
58$37,036,828$24,859,048$22,033,057$34,426,398
59$40,742,283$26,004,839$22,698,863$37,291,704
60$44,823,417$27,204,498$23,384,696$40,426,571
61$49,318,477$28,460,590$24,091,155$43,857,660
62$54,269,610$29,775,807$24,818,857$47,614,313
63$59,723,260$31,152,971$25,568,438$51,728,836
64$65,730,603$32,595,037$26,340,552$56,236,792
65$72,348,035$34,105,105$27,135,871$61,177,334
66$79,637,703$35,686,423$27,955,091$66,593,572
67$87,668,087$37,342,396$28,798,925$72,532,974
68$96,514,651$39,076,593$29,668,108$79,047,805
69$106,260,554$40,892,755$30,563,398$86,195,620
70$116,997,433$42,794,803$31,485,575$94,039,800
71$128,826,271$44,786,847$32,435,441$102,650,142
72$141,858,346$46,873,198$33,413,823$112,103,514
73$156,216,284$49,058,371$34,421,573$122,484,575
74$172,035,216$51,347,102$35,459,567$133,886,563
75$189,464,052$53,744,355$36,528,706$146,412,175
76$208,666,888$56,255,332$37,629,921$160,174,520
77$229,824,556$58,885,488$38,764,169$175,298,190
78$253,136,325$61,640,541$39,932,433$191,920,418
79$278,821,789$64,526,487$41,135,728$210,192,371
80$307,122,936$67,549,609$42,375,100$230,280,566
81$338,306,432$70,716,495$43,651,621$252,368,436
82$372,666,138$74,034,054$44,966,401$276,658,049
83$410,525,886$77,509,524$46,320,577$303,372,004
84$452,242,534$81,150,499$47,715,324$332,755,528
85$498,209,335$84,964,936$49,151,850$365,078,776
86$548,859,649$88,961,180$50,631,399$400,639,370
87$604,671,033$93,147,977$52,155,251$439,765,201
88$666,169,751$97,534,501$53,724,724$482,817,506
89$733,935,740$102,130,366$55,341,177$530,194,271
90$808,608,085$106,945,653$57,006,005$582,333,972
91$890,891,052$111,990,932$58,720,649$639,719,702
92$981,560,737$117,277,286$60,486,589$702,883,716
93$1,081,472,393$122,816,334$62,305,351$772,412,441
94$1,191,568,500$128,620,257$64,178,503$848,951,997
95$1,312,887,667$134,701,829$66,107,662$933,214,280
96$1,446,574,433$141,074,443$68,094,493$1,025,983,664
97$1,593,890,074$147,752,139$70,140,707$1,128,124,393
98$1,756,224,509$154,749,642$72,248,068$1,240,588,714
99$1,935,109,422$162,082,388$74,418,392$1,364,425,853
100$2,132,232,723$169,766,564$76,653,548$1,500,791,898