Can I retire at age 65 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%14.5%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,369,540
2 years$715,413$702,089$689,176$676,656$664,512$638,480
3 years$472,204$458,823$445,942$433,540$421,594$396,276
4 years$350,624$337,283$324,532$312,341$300,684$276,276
5 years$277,695$264,434$251,850$239,908$228,575$205,146
6 years$229,091$215,930$203,532$191,856$180,864$158,439
7 years$194,388$181,338$169,136$157,736$147,091$125,677
8 years$168,372$155,440$143,441$132,321$122,026$101,617
9 years$148,149$135,339$123,546$112,708$102,763$83,348
10 years$131,979$119,294$107,710$97,155$87,560$69,119
11 years$118,758$106,201$94,826$84,554$75,304$57,817
12 years$107,749$95,320$84,156$74,165$65,257$48,700
13 years$98,440$86,142$75,188$65,477$56,905$41,252
14 years$90,468$78,300$67,556$58,123$49,883$35,104
15 years$83,566$71,529$60,994$51,836$43,921$29,987
16 years$77,532$65,626$55,300$46,413$38,817$25,698
17 years$72,213$60,439$50,321$41,702$34,418$22,082
18 years$67,491$55,849$45,937$37,582$30,603$19,018
19 years$63,271$51,760$42,053$33,958$27,277$16,411
20 years$59,477$48,098$38,594$30,756$24,364$14,184
21 years$56,049$44,801$35,499$27,913$21,803$12,277
22 years$52,937$41,820$32,718$25,379$19,544$10,639
23 years$50,100$39,114$30,209$23,113$17,544$9,229
24 years$47,503$36,647$27,938$21,081$15,769$8,013
25 years$45,118$34,391$25,877$19,252$14,189$6,963
26 years$42,919$32,322$23,999$17,603$12,781$6,054
27 years$40,887$30,419$22,285$16,113$11,523$5,267
28 years$39,004$28,664$20,717$14,763$10,398$4,585
29 years$37,253$27,041$19,279$13,538$9,389$3,992
30 years$35,622$25,537$17,958$12,424$8,483$3,478
31 years$34,100$24,141$16,741$11,411$7,670$3,031
32 years$32,675$22,843$15,620$10,487$6,938$2,642
33 years$31,340$21,632$14,585$9,643$6,279$2,303
34 years$30,086$20,502$13,627$8,873$5,685$2,009
35 years$28,906$19,446$12,740$8,168$5,149$1,752
36 years$27,794$18,457$11,918$7,522$4,665$1,529
37 years$26,745$17,530$11,155$6,931$4,228$1,334
38 years$25,753$16,660$10,446$6,388$3,833$1,164
39 years$24,815$15,842$9,787$5,890$3,476$1,016
40 years$23,925$15,072$9,173$5,433$3,153$886
41 years$23,082$14,347$8,602$5,013$2,860$774
42 years$22,280$13,664$8,069$4,626$2,596$675
43 years$21,518$13,019$7,571$4,270$2,356$590
44 years$20,792$12,410$7,107$3,943$2,138$515
45 years$20,101$11,834$6,673$3,641$1,941$449
46 years$19,442$11,289$6,268$3,364$1,762$392
47 years$18,813$10,773$5,888$3,108$1,600$343
48 years$18,211$10,285$5,534$2,872$1,453$299
49 years$17,636$9,821$5,201$2,654$1,320$261
50 years$17,086$9,382$4,890$2,453$1,199$228

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $17,500,000, adding $6,773 every year, while hoping to spend $37,540 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: 76/18/6 Blend
64$17,500,000$17,500,000$17,500,000$17,500,000
65$19,291,986$18,364,486$18,093,236$20,746,351
66$21,219,827$19,224,404$18,659,417$22,562,581
67$23,343,049$20,125,199$19,243,308$24,547,228
68$25,681,541$21,068,836$19,845,460$26,721,394
69$28,257,221$22,057,372$20,466,446$29,103,858
70$31,094,240$23,092,965$21,106,854$31,715,293
71$34,219,211$24,177,878$21,767,292$34,578,451
72$37,661,459$25,314,483$22,448,384$37,718,380
73$41,453,301$26,505,266$23,150,778$41,162,657
74$45,630,347$27,752,833$23,875,139$44,941,638
75$50,231,840$29,059,920$24,622,154$49,088,749
76$55,301,021$30,429,390$25,392,530$53,640,792
77$60,885,544$31,864,248$26,186,998$58,638,288
78$67,037,918$33,367,645$27,006,311$64,125,857
79$73,816,009$34,942,883$27,851,246$70,152,636
80$81,283,582$36,593,424$28,722,603$76,772,732
81$89,510,905$38,322,900$29,621,208$84,045,734
82$98,575,412$40,135,117$30,547,913$92,037,264
83$108,562,432$42,034,065$31,503,596$100,819,597
84$119,565,996$44,023,931$32,489,162$110,472,332
85$131,689,726$46,109,101$33,505,547$121,083,140
86$145,047,807$48,294,176$34,553,712$132,748,583
87$159,766,073$50,583,980$35,634,651$145,575,022
88$175,983,189$52,983,572$36,749,389$159,679,610
89$193,851,962$55,498,254$37,898,980$175,191,393
90$213,540,781$58,133,588$39,084,516$192,252,519
91$235,235,212$60,895,405$40,307,118$211,019,572
92$259,139,743$63,789,819$41,567,946$231,665,043
93$285,479,718$66,823,242$42,868,193$254,378,947
94$314,503,464$70,002,395$44,209,092$279,370,609
95$346,484,633$73,334,328$45,591,913$306,870,627
96$381,724,789$76,826,434$47,017,965$337,133,044
97$420,556,250$80,486,462$48,488,600$370,437,732
98$463,345,230$84,322,541$50,005,211$407,093,023
99$510,495,292$88,343,194$51,569,233$447,438,607
100$562,451,158$92,557,357$53,182,149$491,848,729