Can I retire at age 51 with 17,900,000?

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,392,300
2 years$731,765$718,137$704,928$692,122$679,701$644,583
3 years$482,997$469,310$456,135$443,449$431,230$397,164
4 years$358,638$344,993$331,950$319,480$307,557$274,805
5 years$284,042$270,478$257,607$245,392$233,800$202,453
6 years$234,327$220,866$208,184$196,242$184,998$155,088
7 years$198,831$185,483$173,002$161,341$150,453$121,983
8 years$172,221$158,993$146,720$135,345$124,815$97,773
9 years$151,535$138,432$126,370$115,284$105,112$79,476
10 years$134,996$122,021$110,172$99,376$89,561$65,300
11 years$121,473$108,628$96,994$86,487$77,025$54,106
12 years$110,211$97,499$86,079$75,860$66,749$45,131
13 years$100,690$88,110$76,906$66,973$58,206$37,848
14 years$92,536$80,090$69,101$59,452$51,023$31,881
15 years$85,476$73,164$62,388$53,020$44,925$26,951
16 years$79,304$67,126$56,564$47,474$39,705$22,853
17 years$73,864$61,821$51,471$42,655$35,205$19,426
18 years$69,033$57,125$46,987$38,441$31,303$16,547
19 years$64,717$52,943$43,014$34,734$27,901$14,120
20 years$60,836$49,197$39,476$31,459$24,921$12,067
21 years$57,330$45,825$36,310$28,551$22,302$10,326
22 years$54,147$42,776$33,466$25,959$19,990$8,845
23 years$51,245$40,008$30,900$23,642$17,945$7,583
24 years$48,589$37,485$28,577$21,562$16,129$6,507
25 years$46,149$35,177$26,468$19,692$14,514$5,587
26 years$43,900$33,061$24,548$18,005$13,073$4,800
27 years$41,822$31,114$22,795$16,481$11,787$4,125
28 years$39,895$29,319$21,191$15,100$10,635$3,547
29 years$38,105$27,659$19,720$13,847$9,603$3,051
30 years$36,437$26,121$18,368$12,708$8,677$2,625
31 years$34,879$24,693$17,124$11,671$7,845$2,260
32 years$33,422$23,365$15,977$10,726$7,096$1,945
33 years$32,056$22,127$14,918$9,864$6,422$1,675
34 years$30,773$20,971$13,938$9,075$5,815$1,442
35 years$29,567$19,891$13,031$8,354$5,267$1,242
36 years$28,429$18,879$12,191$7,694$4,772$1,070
37 years$27,356$17,931$11,410$7,089$4,325$922
38 years$26,342$17,041$10,685$6,534$3,921$794
39 years$25,382$16,204$10,011$6,025$3,556$684
40 years$24,472$15,417$9,383$5,557$3,225$590
41 years$23,609$14,675$8,798$5,127$2,926$508
42 years$22,789$13,976$8,253$4,732$2,655$438
43 years$22,010$13,317$7,745$4,368$2,409$377
44 years$21,268$12,694$7,270$4,033$2,187$325
45 years$20,561$12,104$6,826$3,725$1,985$280
46 years$19,886$11,547$6,411$3,441$1,803$242
47 years$19,243$11,020$6,023$3,179$1,637$208
48 years$18,628$10,520$5,660$2,937$1,487$180
49 years$18,039$10,046$5,320$2,714$1,350$155
50 years$17,477$9,596$5,002$2,509$1,226$133

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $17,900,000, adding $4,500 every year, while hoping to spend $55,111 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: 69/13/18 Blend
50$17,900,000$17,900,000$17,900,000$17,900,000
51$19,730,442$18,781,742$18,504,292$21,005,869
52$21,684,309$19,643,409$19,065,548$22,718,705
53$23,835,624$20,545,452$19,643,759$24,585,250
54$26,204,468$21,489,789$20,239,435$26,626,222
55$28,812,968$22,478,433$20,853,101$28,858,818
56$31,685,508$23,513,494$21,485,297$31,301,967
57$34,848,956$24,597,181$22,136,581$33,976,503
58$38,332,919$25,731,813$22,807,526$36,905,363
59$42,170,022$26,919,816$23,498,723$40,113,795
60$46,396,214$28,163,737$24,210,779$43,629,594
61$51,051,110$29,466,243$24,944,323$47,483,364
62$56,178,364$30,830,129$25,699,999$51,708,799
63$61,826,079$32,258,328$26,478,471$56,343,000
64$68,047,263$33,753,910$27,280,423$61,426,818
65$74,900,328$35,320,095$28,106,561$67,005,241
66$82,449,641$36,960,260$28,957,611$73,127,806
67$90,766,133$38,677,941$29,834,319$79,849,070
68$99,927,965$40,476,847$30,737,456$87,229,116
69$110,021,271$42,360,865$31,667,814$95,334,113
70$121,140,965$44,334,072$32,626,210$104,236,941
71$133,391,639$46,400,737$33,613,483$114,017,869
72$146,888,552$48,565,339$34,630,501$124,765,310
73$161,758,716$50,832,572$35,678,155$136,576,648
74$178,142,094$53,207,357$36,757,362$149,559,148
75$196,192,922$55,694,852$37,869,068$163,830,969
76$216,081,165$58,300,465$39,014,246$179,522,269
77$237,994,120$61,029,865$40,193,900$196,776,423
78$262,138,187$63,888,994$41,409,062$215,751,376
79$288,740,811$66,884,084$42,660,795$236,621,122
80$318,052,635$70,021,666$43,950,193$259,577,339
81$350,349,864$73,308,587$45,278,385$284,831,192
82$385,936,870$76,752,028$46,646,530$312,615,313
83$425,149,067$80,359,513$48,055,825$343,185,995
84$468,356,077$84,138,935$49,507,501$376,825,596
85$515,965,219$88,098,565$51,002,824$413,845,198
86$568,425,353$92,247,076$52,543,100$454,587,530
87$626,231,119$96,593,563$54,129,674$499,430,198
88$689,927,604$101,147,558$55,763,929$548,789,233
89$760,115,489$105,919,058$57,447,290$603,123,009
90$837,456,720$110,918,543$59,181,225$662,936,559
91$922,680,754$116,157,000$60,967,245$728,786,329
92$1,016,591,447$121,645,950$62,806,904$801,285,414
93$1,120,074,646$127,397,472$64,701,806$881,109,341
94$1,234,106,542$133,424,231$66,653,599$969,002,421
95$1,359,762,898$139,739,506$68,663,983$1,065,784,769
96$1,498,229,192$146,357,220$70,734,705$1,172,360,024
97$1,650,811,818$153,291,973$72,867,566$1,289,723,868
98$1,818,950,415$160,559,071$75,064,421$1,418,973,407
99$2,004,231,456$168,174,564$77,327,178$1,561,317,507
100$2,208,403,228$176,155,281$79,657,802$1,718,088,192