Can I retire at age 51 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%19.8%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,340,637
2 years$715,413$702,089$689,176$676,656$664,512$609,935
3 years$472,204$458,823$445,942$433,540$421,594$368,996
4 years$350,624$337,283$324,532$312,341$300,684$250,466
5 years$277,695$264,434$251,850$239,908$228,575$180,864
6 years$229,091$215,930$203,532$191,856$180,864$135,691
7 years$194,388$181,338$169,136$157,736$147,091$104,441
8 years$168,372$155,440$143,441$132,321$122,026$81,857
9 years$148,149$135,339$123,546$112,708$102,763$65,014
10 years$131,979$119,294$107,710$97,155$87,560$52,158
11 years$118,758$106,201$94,826$84,554$75,304$42,168
12 years$107,749$95,320$84,156$74,165$65,257$34,298
13 years$98,440$86,142$75,188$65,477$56,905$28,031
14 years$90,468$78,300$67,556$58,123$49,883$22,997
15 years$83,566$71,529$60,994$51,836$43,921$18,925
16 years$77,532$65,626$55,300$46,413$38,817$15,613
17 years$72,213$60,439$50,321$41,702$34,418$12,907
18 years$67,491$55,849$45,937$37,582$30,603$10,688
19 years$63,271$51,760$42,053$33,958$27,277$8,863
20 years$59,477$48,098$38,594$30,756$24,364$7,357
21 years$56,049$44,801$35,499$27,913$21,803$6,113
22 years$52,937$41,820$32,718$25,379$19,544$5,084
23 years$50,100$39,114$30,209$23,113$17,544$4,230
24 years$47,503$36,647$27,938$21,081$15,769$3,522
25 years$45,118$34,391$25,877$19,252$14,189$2,933
26 years$42,919$32,322$23,999$17,603$12,781$2,444
27 years$40,887$30,419$22,285$16,113$11,523$2,037
28 years$39,004$28,664$20,717$14,763$10,398$1,698
29 years$37,253$27,041$19,279$13,538$9,389$1,416
30 years$35,622$25,537$17,958$12,424$8,483$1,181
31 years$34,100$24,141$16,741$11,411$7,670$985
32 years$32,675$22,843$15,620$10,487$6,938$822
33 years$31,340$21,632$14,585$9,643$6,279$686
34 years$30,086$20,502$13,627$8,873$5,685$572
35 years$28,906$19,446$12,740$8,168$5,149$477
36 years$27,794$18,457$11,918$7,522$4,665$398
37 years$26,745$17,530$11,155$6,931$4,228$332
38 years$25,753$16,660$10,446$6,388$3,833$277
39 years$24,815$15,842$9,787$5,890$3,476$231
40 years$23,925$15,072$9,173$5,433$3,153$193
41 years$23,082$14,347$8,602$5,013$2,860$161
42 years$22,280$13,664$8,069$4,626$2,596$135
43 years$21,518$13,019$7,571$4,270$2,356$112
44 years$20,792$12,410$7,107$3,943$2,138$94
45 years$20,101$11,834$6,673$3,641$1,941$78
46 years$19,442$11,289$6,268$3,364$1,762$65
47 years$18,813$10,773$5,888$3,108$1,600$55
48 years$18,211$10,285$5,534$2,872$1,453$46
49 years$17,636$9,821$5,201$2,654$1,320$38
50 years$17,086$9,382$4,890$2,453$1,199$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,500,000, adding $5,630 every year, while hoping to spend $52,419 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: 51/30/19 Blend
50$17,500,000$17,500,000$17,500,000$17,500,000
51$19,290,807$18,363,307$18,092,057$20,172,975
52$21,202,696$19,207,336$18,642,368$21,625,673
53$23,307,841$20,090,965$19,209,357$23,198,350
54$25,625,898$21,016,080$19,793,528$24,907,121
55$28,178,528$21,984,656$20,395,399$26,764,884
56$30,989,598$22,998,764$21,015,505$28,785,809
57$34,085,408$24,060,575$21,654,396$30,985,470
58$37,494,940$25,172,363$22,312,638$33,380,979
59$41,250,127$26,336,512$22,990,814$35,991,152
60$45,386,160$27,555,522$23,689,527$38,836,671
61$49,941,818$28,832,011$24,409,395$41,940,274
62$54,959,830$30,168,726$25,151,057$45,326,967
63$60,487,283$31,568,544$25,915,168$49,024,249
64$66,576,065$33,034,483$26,702,406$53,062,364
65$73,283,355$34,569,703$27,513,467$57,474,579
66$80,672,158$36,177,520$28,349,069$62,297,489
67$88,811,907$37,861,408$29,209,952$67,571,356
68$97,779,114$39,625,008$30,096,877$73,340,476
69$107,658,089$41,472,140$31,010,629$79,653,590
70$118,541,744$43,406,804$31,952,014$86,564,333
71$130,532,461$45,433,196$32,921,866$94,131,731
72$143,743,064$47,555,715$33,921,040$102,420,745
73$158,297,882$49,778,970$34,950,421$111,502,875
74$174,333,921$52,107,796$36,010,915$121,456,822
75$192,002,161$54,547,257$37,103,461$132,369,216
76$211,468,976$57,102,667$38,229,021$144,335,426
77$232,917,708$59,779,594$39,388,589$157,460,440
78$256,550,395$62,583,876$40,583,189$171,859,846
79$282,589,682$65,521,632$41,813,872$187,660,909
80$311,280,917$68,599,280$43,081,724$205,003,751
81$342,894,471$71,823,545$44,387,863$224,042,663
82$377,728,290$75,201,481$45,733,438$244,947,541
83$416,110,703$78,740,481$47,119,636$267,905,475
84$458,403,527$82,448,297$48,547,676$293,122,491
85$505,005,479$86,333,056$50,018,816$320,825,481
86$556,355,942$90,403,280$51,534,350$351,264,322
87$612,939,109$94,667,901$53,095,612$384,714,216
88$675,288,557$99,136,287$54,703,974$421,478,260
89$743,992,283$103,818,259$56,360,850$461,890,289
90$819,698,254$108,724,112$58,067,697$506,318,000
91$903,120,525$113,864,642$59,826,014$555,166,399
92$995,045,979$119,251,170$61,637,345$608,881,595
93$1,096,341,755$124,895,563$63,503,282$667,954,986
94$1,207,963,434$130,810,266$65,425,462$732,927,866
95$1,330,964,061$137,008,326$67,405,572$804,396,505
96$1,466,504,085$143,503,424$69,445,349$883,017,744
97$1,615,862,315$150,309,905$71,546,581$969,515,168
98$1,780,447,991$157,442,810$73,711,112$1,064,685,891
99$1,961,814,089$164,917,911$75,940,837$1,169,408,055
100$2,161,671,982$172,751,745$78,237,711$1,284,649,072