Can I retire at age 57 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%17.1%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,355,149
2 years$715,413$702,089$689,176$676,656$664,512$624,205
3 years$472,204$458,823$445,942$433,540$421,594$382,568
4 years$350,624$337,283$324,532$312,341$300,684$263,240
5 years$277,695$264,434$251,850$239,908$228,575$192,814
6 years$229,091$215,930$203,532$191,856$180,864$146,819
7 years$194,388$181,338$169,136$157,736$147,091$114,761
8 years$168,372$155,440$143,441$132,321$122,026$91,393
9 years$148,149$135,339$123,546$112,708$102,763$73,797
10 years$131,979$119,294$107,710$97,155$87,560$60,220
11 years$118,758$106,201$94,826$84,554$75,304$49,546
12 years$107,749$95,320$84,156$74,165$65,257$41,030
13 years$98,440$86,142$75,188$65,477$56,905$34,155
14 years$90,468$78,300$67,556$58,123$49,883$28,553
15 years$83,566$71,529$60,994$51,836$43,921$23,952
16 years$77,532$65,626$55,300$46,413$38,817$20,150
17 years$72,213$60,439$50,321$41,702$34,418$16,992
18 years$67,491$55,849$45,937$37,582$30,603$14,357
19 years$63,271$51,760$42,053$33,958$27,277$12,151
20 years$59,477$48,098$38,594$30,756$24,364$10,297
21 years$56,049$44,801$35,499$27,913$21,803$8,737
22 years$52,937$41,820$32,718$25,379$19,544$7,420
23 years$50,100$39,114$30,209$23,113$17,544$6,307
24 years$47,503$36,647$27,938$21,081$15,769$5,365
25 years$45,118$34,391$25,877$19,252$14,189$4,566
26 years$42,919$32,322$23,999$17,603$12,781$3,888
27 years$40,887$30,419$22,285$16,113$11,523$3,312
28 years$39,004$28,664$20,717$14,763$10,398$2,823
29 years$37,253$27,041$19,279$13,538$9,389$2,406
30 years$35,622$25,537$17,958$12,424$8,483$2,052
31 years$34,100$24,141$16,741$11,411$7,670$1,750
32 years$32,675$22,843$15,620$10,487$6,938$1,493
33 years$31,340$21,632$14,585$9,643$6,279$1,273
34 years$30,086$20,502$13,627$8,873$5,685$1,087
35 years$28,906$19,446$12,740$8,168$5,149$927
36 years$27,794$18,457$11,918$7,522$4,665$791
37 years$26,745$17,530$11,155$6,931$4,228$676
38 years$25,753$16,660$10,446$6,388$3,833$577
39 years$24,815$15,842$9,787$5,890$3,476$492
40 years$23,925$15,072$9,173$5,433$3,153$420
41 years$23,082$14,347$8,602$5,013$2,860$359
42 years$22,280$13,664$8,069$4,626$2,596$306
43 years$21,518$13,019$7,571$4,270$2,356$262
44 years$20,792$12,410$7,107$3,943$2,138$223
45 years$20,101$11,834$6,673$3,641$1,941$191
46 years$19,442$11,289$6,268$3,364$1,762$163
47 years$18,813$10,773$5,888$3,108$1,600$139
48 years$18,211$10,285$5,534$2,872$1,453$119
49 years$17,636$9,821$5,201$2,654$1,320$101
50 years$17,086$9,382$4,890$2,453$1,199$87

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $17,500,000, adding $4,107 every year, while hoping to spend $22,846 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: 57/14/29 Blend
56$17,500,000$17,500,000$17,500,000$17,500,000
57$19,289,236$18,361,736$18,090,486$20,234,619
58$21,232,431$19,237,153$18,672,210$21,760,265
59$23,373,065$20,154,700$19,272,655$23,419,653
60$25,731,254$21,116,417$19,892,426$25,227,978
61$28,329,164$22,124,443$20,532,144$27,199,661
62$31,191,220$23,181,023$21,192,452$29,350,569
63$34,344,339$24,288,507$21,874,014$31,698,154
64$37,818,182$25,449,365$22,577,514$34,261,613
65$41,645,434$26,666,182$23,303,658$37,062,071
66$45,862,116$27,941,671$24,053,178$40,122,769
67$50,507,917$29,278,679$24,826,825$43,469,282
68$55,626,578$30,680,187$25,625,377$47,129,757
69$61,266,298$32,149,326$26,449,636$51,135,169
70$67,480,192$33,689,375$27,300,431$55,519,613
71$74,326,793$35,303,775$28,178,616$60,320,616
72$81,870,601$36,996,135$29,085,075$65,579,489
73$90,182,696$38,770,239$30,020,718$71,341,707
74$99,341,405$40,630,055$30,986,486$77,657,338
75$109,433,044$42,579,744$31,983,350$84,581,500
76$120,552,734$44,623,670$33,012,311$92,174,885
77$132,805,293$46,766,411$34,074,405$100,504,316
78$146,306,234$49,012,766$35,170,698$109,643,375
79$161,182,846$51,367,768$36,302,293$119,673,089
80$177,575,405$53,836,697$37,470,328$130,682,684
81$195,638,489$56,425,088$38,675,977$142,770,426
82$215,542,446$59,138,748$39,920,453$156,044,530
83$237,474,994$61,983,766$41,205,007$170,624,181
84$261,642,999$64,966,526$42,530,931$186,640,643
85$288,274,427$68,093,727$43,899,558$204,238,495
86$317,620,490$71,372,392$45,312,265$223,576,978
87$349,958,028$74,809,887$46,770,474$244,831,492
88$385,592,112$78,413,936$48,275,650$268,195,241
89$424,858,931$82,192,643$49,829,308$293,881,042
90$468,128,963$86,154,504$51,433,011$322,123,322
91$515,810,473$90,308,430$53,088,372$353,180,322
92$568,353,365$94,663,767$54,797,057$387,336,517
93$626,253,435$99,230,318$56,560,785$424,905,291
94$690,057,045$104,018,364$58,381,331$466,231,877
95$760,366,285$109,038,684$60,260,526$511,696,605
96$837,844,655$114,302,588$62,200,263$561,718,473
97$923,223,330$119,821,936$64,202,492$616,759,089
98$1,017,308,063$125,609,164$66,269,229$677,327,010
99$1,120,986,792$131,677,320$68,402,555$743,982,524
100$1,235,238,020$138,040,084$70,604,616$817,342,921