Can I retire at age 51 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,365,238
2 years$727,677$714,125$700,990$688,256$675,903$621,976
3 years$480,299$466,688$453,587$440,972$428,821$376,823
4 years$356,634$343,065$330,095$317,696$305,839$256,166
5 years$282,455$268,967$256,167$244,021$232,494$185,273
6 years$233,018$219,632$207,021$195,145$183,964$139,229
7 years$197,720$184,447$172,036$160,440$149,612$107,349
8 years$171,259$158,105$145,900$134,589$124,118$84,286
9 years$150,688$137,659$125,664$114,640$104,525$67,067
10 years$134,242$121,339$109,556$98,821$89,061$53,907
11 years$120,794$108,021$96,452$86,004$76,595$43,668
12 years$109,596$96,954$85,598$75,437$66,376$35,589
13 years$100,128$87,618$76,477$66,599$57,881$29,146
14 years$92,019$79,643$68,715$59,119$50,738$23,962
15 years$84,998$72,755$62,040$52,724$44,674$19,762
16 years$78,861$66,751$56,248$47,209$39,483$16,339
17 years$73,451$61,475$51,184$42,417$35,008$13,537
18 years$68,648$56,806$46,724$38,226$31,128$11,235
19 years$64,355$52,647$42,774$34,540$27,745$9,337
20 years$60,497$48,922$39,256$31,283$24,782$7,769
21 years$57,010$45,569$36,108$28,391$22,177$6,471
22 years$53,845$42,537$33,279$25,814$19,879$5,393
23 years$50,959$39,784$30,727$23,510$17,844$4,498
24 years$48,317$37,275$28,417$21,442$16,039$3,754
25 years$45,891$34,981$26,320$19,582$14,433$3,134
26 years$43,655$32,876$24,411$17,905$13,000$2,618
27 years$41,588$30,941$22,667$16,389$11,721$2,187
28 years$39,672$29,155$21,072$15,016$10,576$1,828
29 years$37,892$27,505$19,610$13,770$9,550$1,528
30 years$36,233$25,975$18,266$12,637$8,629$1,277
31 years$34,684$24,555$17,028$11,606$7,801$1,068
32 years$33,235$23,234$15,888$10,666$7,057$893
33 years$31,877$22,003$14,835$9,809$6,386$747
34 years$30,602$20,854$13,861$9,025$5,782$625
35 years$29,401$19,780$12,959$8,308$5,237$523
36 years$28,271$18,774$12,122$7,651$4,745$437
37 years$27,203$17,831$11,346$7,050$4,301$366
38 years$26,195$16,946$10,625$6,498$3,899$306
39 years$25,240$16,114$9,955$5,991$3,536$256
40 years$24,335$15,331$9,331$5,526$3,207$214
41 years$23,477$14,593$8,749$5,099$2,909$179
42 years$22,662$13,898$8,207$4,705$2,640$150
43 years$21,887$13,242$7,701$4,344$2,396$125
44 years$21,149$12,623$7,229$4,011$2,175$105
45 years$20,446$12,037$6,788$3,704$1,974$88
46 years$19,775$11,483$6,375$3,421$1,793$74
47 years$19,135$10,958$5,989$3,161$1,628$62
48 years$18,524$10,461$5,628$2,921$1,478$51
49 years$17,939$9,990$5,290$2,699$1,343$43
50 years$17,379$9,542$4,974$2,495$1,220$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,800,000, adding $4,587 every year, while hoping to spend $52,147 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: 45/26/29 Blend
50$17,800,000$17,800,000$17,800,000$17,800,000
51$19,620,331$18,676,931$18,401,031$20,338,410
52$21,566,121$19,536,617$18,961,982$21,710,040
53$23,708,634$20,436,680$19,539,977$23,191,348
54$26,067,880$21,379,042$20,135,531$24,796,938
55$28,665,910$22,365,721$20,749,178$26,538,454
56$31,527,020$23,398,829$21,381,463$28,428,685
57$34,677,985$24,480,581$22,032,951$30,481,681
58$38,148,308$25,613,298$22,704,223$32,712,881
59$41,970,498$26,799,412$23,395,877$35,139,249
60$46,180,381$28,041,475$24,108,531$37,779,432
61$50,817,431$29,342,159$24,842,818$40,653,923
62$55,925,150$30,704,266$25,599,393$43,785,257
63$61,551,473$32,130,733$26,378,931$47,198,207
64$67,749,223$33,624,638$27,182,125$50,920,017
65$74,576,608$35,189,209$28,009,690$54,980,645
66$82,097,770$36,827,828$28,862,362$59,413,044
67$90,383,392$38,544,042$29,740,901$64,253,460
68$99,511,365$40,341,567$30,646,089$69,541,767
69$109,567,521$42,224,300$31,578,729$75,321,834
70$120,646,443$44,196,326$32,539,652$81,641,927
71$132,852,361$46,261,927$33,529,711$88,555,158
72$146,300,132$48,425,592$34,549,786$96,119,973
73$161,116,326$50,692,026$35,600,785$104,400,693
74$177,440,420$53,066,163$36,683,639$113,468,110
75$195,426,113$55,553,176$37,799,311$123,400,143
76$215,242,780$58,158,485$38,948,792$134,282,561
77$237,077,068$60,887,775$40,133,101$146,209,777
78$261,134,659$63,747,006$41,353,289$159,285,731
79$287,642,209$66,742,424$42,610,440$173,624,850
80$316,849,491$69,880,580$43,905,667$189,353,117
81$349,031,752$73,168,341$45,240,119$206,609,244
82$384,492,306$76,612,905$46,614,979$225,545,963
83$423,565,406$80,221,822$48,031,465$246,331,454
84$466,619,391$84,003,005$49,490,832$269,150,912
85$514,060,167$87,964,750$50,994,373$294,208,275
86$566,335,038$92,115,758$52,543,419$321,728,135
87$623,936,930$96,465,147$54,139,341$351,957,830
88$687,409,039$101,022,482$55,783,552$385,169,765
89$757,349,966$105,797,789$57,477,506$421,663,956
90$834,419,361$110,801,579$59,222,701$461,770,840
91$919,344,156$116,044,876$61,020,681$505,854,372
92$1,012,925,420$121,539,236$62,873,035$554,315,432
93$1,116,045,931$127,296,776$64,781,399$607,595,583
94$1,229,678,501$133,330,203$66,747,461$666,181,216
95$1,354,895,163$139,652,838$68,772,956$730,608,105
96$1,492,877,293$146,278,650$70,859,673$801,466,440
97$1,644,926,758$153,222,286$73,009,454$879,406,367
98$1,812,478,213$160,499,103$75,224,196$965,144,086
99$1,997,112,637$168,125,205$77,505,853$1,059,468,584
100$2,200,572,264$176,117,479$79,856,437$1,163,249,045