Can I retire at age 51 with 13,000,000?

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 $13,000,000?

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%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,031,836
2 years$531,449$521,552$511,959$502,659$493,637$488,790
3 years$350,780$340,840$331,272$322,058$313,184$308,442
4 years$260,463$250,553$241,081$232,025$223,365$218,765
5 years$206,287$196,437$187,089$178,217$169,799$165,353
6 years$170,182$160,405$151,195$142,522$134,356$130,071
7 years$144,402$134,708$125,644$117,175$109,267$105,146
8 years$125,077$115,470$106,556$98,295$90,648$86,689
9 years$110,053$100,537$91,777$83,726$76,339$72,542
10 years$98,042$88,619$80,013$72,172$65,044$61,409
11 years$88,220$78,892$70,442$62,812$55,940$52,463
12 years$80,042$70,809$62,516$55,094$48,477$45,155
13 years$73,127$63,991$55,854$48,640$42,273$39,103
14 years$67,205$58,166$50,185$43,177$37,056$34,036
15 years$62,077$53,136$45,310$38,506$32,627$29,752
16 years$57,595$48,751$41,080$34,478$28,836$26,102
17 years$53,644$44,898$37,381$30,978$25,568$22,971
18 years$50,136$41,488$34,124$27,918$22,734$20,270
19 years$47,001$38,450$31,239$25,226$20,263$17,928
20 years$44,183$35,730$28,670$22,847$18,099$15,888
21 years$41,637$33,281$26,371$20,735$16,197$14,105
22 years$39,325$31,067$24,305$18,853$14,518$12,542
23 years$37,217$29,056$22,441$17,170$13,032$11,166
24 years$35,288$27,224$20,754$15,660$11,714$9,954
25 years$33,516$25,548$19,223$14,302$10,541$8,882
26 years$31,883$24,011$17,828$13,077$9,495$7,933
27 years$30,373$22,597$16,555$11,969$8,560$7,092
28 years$28,974$21,293$15,390$10,966$7,724$6,344
29 years$27,674$20,088$14,322$10,056$6,975$5,679
30 years$26,462$18,971$13,340$9,229$6,302$5,086
31 years$25,331$17,934$12,436$8,476$5,698$4,558
32 years$24,273$16,969$11,603$7,790$5,154$4,086
33 years$23,281$16,070$10,834$7,164$4,664$3,665
34 years$22,349$15,230$10,123$6,591$4,223$3,288
35 years$21,473$14,446$9,464$6,067$3,825$2,951
36 years$20,647$13,711$8,853$5,588$3,466$2,649
37 years$19,868$13,022$8,287$5,149$3,141$2,379
38 years$19,131$12,376$7,760$4,746$2,848$2,137
39 years$18,434$11,768$7,270$4,376$2,582$1,920
40 years$17,773$11,197$6,815$4,036$2,342$1,725
41 years$17,146$10,658$6,390$3,724$2,125$1,551
42 years$16,551$10,150$5,994$3,436$1,928$1,394
43 years$15,985$9,671$5,624$3,172$1,750$1,253
44 years$15,446$9,219$5,280$2,929$1,588$1,127
45 years$14,932$8,791$4,957$2,705$1,442$1,013
46 years$14,443$8,386$4,656$2,499$1,309$911
47 years$13,975$8,003$4,374$2,309$1,189$819
48 years$13,528$7,640$4,111$2,133$1,080$737
49 years$13,101$7,296$3,864$1,971$981$663
50 years$12,693$6,969$3,632$1,822$891$596

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,000,000, adding $6,461 every year, while hoping to spend $25,235 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: 53/35/12 Blend
50$13,000,000$13,000,000$13,000,000$13,000,000
51$14,332,665$13,643,665$13,442,165$15,047,003
52$15,767,746$14,285,354$13,865,627$16,175,813
53$17,348,361$14,957,641$14,302,430$17,400,053
54$19,089,326$15,661,997$14,752,993$18,731,429
55$21,006,969$16,399,967$15,217,751$20,180,101
56$23,119,284$17,173,170$15,697,149$21,757,225
57$25,446,097$17,983,301$16,191,650$23,475,064
58$28,009,258$18,832,142$16,701,729$25,347,089
59$30,832,842$19,721,557$17,227,877$27,388,110
60$33,943,381$20,653,502$17,770,600$29,614,403
61$37,370,111$21,630,029$18,330,420$32,043,861
62$41,145,249$22,653,287$18,907,877$34,696,158
63$45,304,299$23,725,532$19,503,524$37,592,926
64$49,886,381$24,849,127$20,117,936$40,757,954
65$54,934,609$26,026,552$20,751,704$44,217,406
66$60,496,491$27,260,404$21,405,438$48,000,058
67$66,624,378$28,553,410$22,079,766$52,137,568
68$73,375,964$29,908,425$22,775,337$56,664,759
69$80,814,822$31,328,448$23,492,820$61,619,946
70$89,011,011$32,816,619$24,232,906$67,045,287
71$98,041,732$34,376,232$24,996,307$72,987,171
72$107,992,063$36,010,741$25,783,758$79,496,646
73$118,955,755$37,723,769$26,596,015$86,629,892
74$131,036,121$39,519,113$27,433,861$94,448,743
75$144,347,011$41,400,755$28,298,101$103,021,255
76$159,013,886$43,372,872$29,189,567$112,422,342
77$175,175,002$45,439,842$30,109,117$122,734,468
78$192,982,715$47,606,257$31,057,635$134,048,414
79$212,604,921$49,876,933$32,036,035$146,464,122
80$234,226,637$52,256,917$33,045,257$160,091,623
81$258,051,754$54,751,505$34,086,272$175,052,067
82$284,304,953$57,366,249$35,160,082$191,478,844
83$313,233,833$60,106,971$36,267,721$209,518,833
84$345,111,248$62,979,776$37,410,253$229,333,769
85$380,237,877$65,991,067$38,588,778$251,101,756
86$418,945,069$69,147,557$39,804,430$275,018,926
87$461,597,966$72,456,288$41,058,379$301,301,275
88$508,598,955$75,924,642$42,351,831$330,186,681
89$560,391,461$79,560,363$43,686,030$361,937,129
90$617,464,139$83,371,569$45,062,261$396,841,162
91$680,355,481$87,366,776$46,481,847$435,216,583
92$749,658,905$91,554,913$47,946,154$477,413,433
93$826,028,355$95,945,345$49,456,591$523,817,264
94$910,184,471$100,547,891$51,014,611$574,852,763
95$1,002,921,400$105,372,851$52,621,714$630,987,725
96$1,105,114,287$110,431,024$54,279,445$692,737,444
97$1,217,727,537$115,733,737$55,989,399$760,669,547
98$1,341,823,924$121,292,869$57,753,222$835,409,325
99$1,478,574,620$127,120,875$59,572,611$917,645,594
100$1,629,270,253$133,230,820$61,449,316$1,008,137,175