Can I retire at age 51 with 17,700,000?

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 $17,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,374,514
2 years$723,589$710,113$697,052$684,389$672,106$635,173
3 years$477,601$464,066$451,039$438,495$426,412$390,609
4 years$354,631$341,138$328,241$315,911$304,120$269,724
5 years$280,868$267,456$254,728$242,650$231,188$198,293
6 years$231,709$218,398$205,858$194,049$182,931$151,569
7 years$196,609$183,410$171,069$159,538$148,772$118,946
8 years$170,296$157,217$145,080$133,833$123,420$95,116
9 years$149,842$136,885$124,958$113,996$103,938$77,129
10 years$133,487$120,658$108,941$98,265$88,560$63,215
11 years$120,115$107,415$95,910$85,520$76,165$52,244
12 years$108,980$96,409$85,118$75,013$66,003$43,464
13 years$99,565$87,126$76,047$66,225$57,556$36,353
14 years$91,502$79,195$68,328$58,787$50,453$30,537
15 years$84,521$72,346$61,691$52,428$44,423$25,743
16 years$78,418$66,376$55,932$46,944$39,261$21,766
17 years$73,038$61,130$50,896$42,178$34,812$18,448
18 years$68,262$56,487$46,462$38,011$30,953$15,668
19 years$63,994$52,351$42,533$34,346$27,589$13,330
20 years$60,157$48,648$39,035$31,107$24,643$11,357
21 years$56,690$45,313$35,905$28,232$22,053$9,688
22 years$53,542$42,298$33,092$25,669$19,767$8,273
23 years$50,673$39,561$30,554$23,377$17,744$7,071
24 years$48,046$37,066$28,258$21,322$15,949$6,048
25 years$45,633$34,784$26,172$19,472$14,351$5,176
26 years$43,410$32,692$24,273$17,804$12,927$4,433
27 years$41,355$30,767$22,540$16,297$11,655$3,798
28 years$39,449$28,991$20,954$14,931$10,517$3,255
29 years$37,679$27,350$19,499$13,692$9,496$2,791
30 years$36,030$25,829$18,163$12,566$8,580$2,393
31 years$34,490$24,417$16,933$11,541$7,757$2,053
32 years$33,049$23,104$15,799$10,606$7,017$1,761
33 years$31,698$21,879$14,751$9,753$6,351$1,512
34 years$30,430$20,737$13,783$8,974$5,750$1,297
35 years$29,236$19,669$12,886$8,261$5,208$1,114
36 years$28,112$18,668$12,054$7,608$4,718$956
37 years$27,050$17,731$11,283$7,010$4,277$821
38 years$26,047$16,850$10,566$6,461$3,877$705
39 years$25,098$16,023$9,899$5,958$3,516$605
40 years$24,199$15,245$9,278$5,495$3,189$520
41 years$23,345$14,511$8,700$5,070$2,893$446
42 years$22,535$13,820$8,161$4,679$2,625$383
43 years$21,764$13,168$7,658$4,319$2,383$329
44 years$21,030$12,552$7,188$3,988$2,163$283
45 years$20,331$11,969$6,750$3,683$1,963$243
46 years$19,664$11,418$6,339$3,402$1,783$209
47 years$19,028$10,896$5,956$3,143$1,619$179
48 years$18,419$10,402$5,597$2,904$1,470$154
49 years$17,838$9,933$5,261$2,684$1,335$132
50 years$17,281$9,489$4,946$2,481$1,213$114

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,700,000, adding $3,005 every year, while hoping to spend $53,933 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: 42/37/21 Blend
50$17,700,000$17,700,000$17,700,000$17,700,000
51$19,508,500$18,570,400$18,296,050$20,207,716
52$21,440,982$19,422,965$18,851,583$21,557,735
53$23,568,771$20,315,498$19,423,919$23,013,320
54$25,911,729$21,249,901$20,013,564$24,588,505
55$28,491,745$22,228,167$20,621,039$26,294,308
56$31,332,940$23,252,383$21,246,880$28,142,820
57$34,461,890$24,324,740$21,891,640$30,147,312
58$37,907,882$25,447,532$22,555,890$32,322,353
59$41,703,188$26,623,163$23,240,214$34,683,940
60$45,883,369$27,854,154$23,945,217$37,249,643
61$50,487,612$29,143,147$24,671,521$40,038,758
62$55,559,098$30,492,911$25,419,767$43,072,487
63$61,145,411$31,906,348$26,190,614$46,374,122
64$67,298,985$33,386,502$26,984,742$49,969,261
65$74,077,602$34,936,560$27,802,851$53,886,036
66$81,544,932$36,559,866$28,645,661$58,155,372
67$89,771,139$38,259,924$29,513,915$62,811,265
68$98,833,541$40,040,406$30,408,377$67,891,091
69$108,817,339$41,905,162$31,329,834$73,435,950
70$119,816,422$43,858,230$32,279,098$79,491,041
71$131,934,252$45,903,838$33,257,003$86,106,074
72$145,284,842$48,046,423$34,264,409$93,335,727
73$159,993,832$50,290,633$35,302,202$101,240,147
74$176,199,671$52,641,343$36,371,295$109,885,505
75$194,054,930$55,103,661$37,472,625$119,344,603
76$213,727,736$57,682,944$38,607,162$129,697,547
77$235,403,364$60,384,806$39,775,900$141,032,484
78$259,285,980$63,215,135$40,979,866$153,446,419
79$285,600,575$66,180,102$42,220,116$167,046,112
80$314,595,082$69,286,175$43,497,739$181,949,063
81$346,542,722$72,540,139$44,813,854$198,284,605
82$381,744,577$75,949,103$46,169,616$216,195,103
83$420,532,438$79,520,524$47,566,212$235,837,274
84$463,271,933$83,262,216$49,004,867$257,383,645
85$510,365,980$87,182,375$50,486,840$281,024,157
86$562,258,590$91,289,591$52,013,429$306,967,931
87$619,439,058$95,592,872$53,585,970$335,445,220
88$682,446,580$100,101,661$55,205,839$366,709,551
89$751,875,350$104,825,861$56,874,453$401,040,089
90$828,380,159$109,775,852$58,593,271$438,744,246
91$912,682,585$114,962,518$60,363,795$480,160,547
92$1,005,577,799$120,397,272$62,187,573$525,661,794
93$1,107,942,075$126,092,079$64,066,197$575,658,554
94$1,220,741,061$132,059,485$66,001,308$630,602,991
95$1,345,038,893$138,312,644$67,994,596$690,993,103
96$1,482,008,245$144,865,348$70,047,800$757,377,383
97$1,632,941,395$151,732,059$72,162,711$830,359,950
98$1,799,262,429$158,927,941$74,341,173$910,606,213
99$1,982,540,679$166,468,893$76,585,085$998,849,108
100$2,184,505,546$174,371,587$78,896,403$1,095,895,964