Can I retire at age 67 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%11%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,389,594
2 years$715,413$702,089$689,176$676,656$664,512$658,576
3 years$472,204$458,823$445,942$433,540$421,594$415,785
4 years$350,624$337,283$324,532$312,341$300,684$295,048
5 years$277,695$264,434$251,850$239,908$228,575$223,128
6 years$229,091$215,930$203,532$191,856$180,864$175,612
7 years$194,388$181,338$169,136$157,736$147,091$142,038
8 years$168,372$155,440$143,441$132,321$122,026$117,172
9 years$148,149$135,339$123,546$112,708$102,763$98,108
10 years$131,979$119,294$107,710$97,155$87,560$83,100
11 years$118,758$106,201$94,826$84,554$75,304$71,037
12 years$107,749$95,320$84,156$74,165$65,257$61,180
13 years$98,440$86,142$75,188$65,477$56,905$53,014
14 years$90,468$78,300$67,556$58,123$49,883$46,174
15 years$83,566$71,529$60,994$51,836$43,921$40,389
16 years$77,532$65,626$55,300$46,413$38,817$35,458
17 years$72,213$60,439$50,321$41,702$34,418$31,226
18 years$67,491$55,849$45,937$37,582$30,603$27,574
19 years$63,271$51,760$42,053$33,958$27,277$24,405
20 years$59,477$48,098$38,594$30,756$24,364$21,644
21 years$56,049$44,801$35,499$27,913$21,803$19,229
22 years$52,937$41,820$32,718$25,379$19,544$17,110
23 years$50,100$39,114$30,209$23,113$17,544$15,245
24 years$47,503$36,647$27,938$21,081$15,769$13,600
25 years$45,118$34,391$25,877$19,252$14,189$12,145
26 years$42,919$32,322$23,999$17,603$12,781$10,856
27 years$40,887$30,419$22,285$16,113$11,523$9,712
28 years$39,004$28,664$20,717$14,763$10,398$8,695
29 years$37,253$27,041$19,279$13,538$9,389$7,789
30 years$35,622$25,537$17,958$12,424$8,483$6,982
31 years$34,100$24,141$16,741$11,411$7,670$6,262
32 years$32,675$22,843$15,620$10,487$6,938$5,619
33 years$31,340$21,632$14,585$9,643$6,279$5,043
34 years$30,086$20,502$13,627$8,873$5,685$4,529
35 years$28,906$19,446$12,740$8,168$5,149$4,068
36 years$27,794$18,457$11,918$7,522$4,665$3,655
37 years$26,745$17,530$11,155$6,931$4,228$3,285
38 years$25,753$16,660$10,446$6,388$3,833$2,953
39 years$24,815$15,842$9,787$5,890$3,476$2,656
40 years$23,925$15,072$9,173$5,433$3,153$2,388
41 years$23,082$14,347$8,602$5,013$2,860$2,148
42 years$22,280$13,664$8,069$4,626$2,596$1,933
43 years$21,518$13,019$7,571$4,270$2,356$1,739
44 years$20,792$12,410$7,107$3,943$2,138$1,565
45 years$20,101$11,834$6,673$3,641$1,941$1,408
46 years$19,442$11,289$6,268$3,364$1,762$1,268
47 years$18,813$10,773$5,888$3,108$1,600$1,141
48 years$18,211$10,285$5,534$2,872$1,453$1,027
49 years$17,636$9,821$5,201$2,654$1,320$925
50 years$17,086$9,382$4,890$2,453$1,199$833

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $17,500,000, adding $4,621 every year, while hoping to spend $33,897 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: 40/48/12 Blend
66$17,500,000$17,500,000$17,500,000$17,500,000
67$19,289,767$18,362,267$18,091,017$19,992,020
68$21,221,257$19,225,951$18,660,999$21,351,783
69$23,348,623$20,130,821$19,248,941$22,818,140
70$25,691,808$21,078,857$19,855,406$24,403,665
71$28,272,789$22,072,138$20,480,979$26,119,165
72$31,115,784$23,112,843$21,126,262$27,976,486
73$34,247,478$24,203,257$21,791,876$29,988,619
74$37,697,279$25,345,774$22,478,462$32,169,812
75$41,497,590$26,542,906$23,186,679$34,535,696
76$45,684,122$27,797,285$23,917,210$37,103,421
77$50,296,224$29,111,674$24,670,758$39,891,811
78$55,377,258$30,488,965$25,448,048$42,921,527
79$60,975,009$31,932,195$26,249,828$46,215,253
80$67,142,132$33,444,545$27,076,870$49,797,899
81$73,936,654$35,029,352$27,929,969$53,696,820
82$81,422,516$36,690,114$28,809,947$57,942,066
83$89,670,183$38,430,500$29,717,651$62,566,650
84$98,757,303$40,254,355$30,653,953$67,606,844
85$108,769,443$42,165,714$31,619,755$73,102,508
86$119,800,896$44,168,804$32,615,987$79,097,453
87$131,955,572$46,268,060$33,643,608$85,639,833
88$145,347,977$48,468,132$34,703,605$92,782,586
89$160,104,295$50,773,895$35,797,000$100,583,916
90$176,363,579$53,190,461$36,924,845$109,107,822
91$194,279,061$55,723,191$38,088,225$118,424,683
92$214,019,605$58,377,706$39,288,260$128,611,903
93$235,771,292$61,159,902$40,526,104$139,754,618
94$259,739,184$64,075,957$41,802,949$151,946,481
95$286,149,257$67,132,356$43,120,024$165,290,516
96$315,250,533$70,335,893$44,478,597$179,900,073
97$347,317,432$73,693,695$45,879,974$195,899,866
98$382,652,361$77,213,238$47,325,504$213,427,129
99$421,588,573$80,902,357$48,816,580$232,632,877
100$464,493,307$84,769,272$50,354,634$253,683,305