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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.4%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$997,479
2 years$531,449$521,552$511,959$502,659$493,637$454,639
3 years$350,780$340,840$331,272$322,058$313,184$275,574
4 years$260,463$250,553$241,081$232,025$223,365$187,431
5 years$206,287$196,437$187,089$178,217$169,799$135,632
6 years$170,182$160,405$151,195$142,522$134,356$101,981
7 years$144,402$134,708$125,644$117,175$109,267$78,675
8 years$125,077$115,470$106,556$98,295$90,648$61,809
9 years$110,053$100,537$91,777$83,726$76,339$49,212
10 years$98,042$88,619$80,013$72,172$65,044$39,581
11 years$88,220$78,892$70,442$62,812$55,940$32,083
12 years$80,042$70,809$62,516$55,094$48,477$26,166
13 years$73,127$63,991$55,854$48,640$42,273$21,443
14 years$67,205$58,166$50,185$43,177$37,056$17,641
15 years$62,077$53,136$45,310$38,506$32,627$14,559
16 years$57,595$48,751$41,080$34,478$28,836$12,047
17 years$53,644$44,898$37,381$30,978$25,568$9,988
18 years$50,136$41,488$34,124$27,918$22,734$8,296
19 years$47,001$38,450$31,239$25,226$20,263$6,900
20 years$44,183$35,730$28,670$22,847$18,099$5,745
21 years$41,637$33,281$26,371$20,735$16,197$4,789
22 years$39,325$31,067$24,305$18,853$14,518$3,995
23 years$37,217$29,056$22,441$17,170$13,032$3,334
24 years$35,288$27,224$20,754$15,660$11,714$2,785
25 years$33,516$25,548$19,223$14,302$10,541$2,327
26 years$31,883$24,011$17,828$13,077$9,495$1,945
27 years$30,373$22,597$16,555$11,969$8,560$1,626
28 years$28,974$21,293$15,390$10,966$7,724$1,360
29 years$27,674$20,088$14,322$10,056$6,975$1,138
30 years$26,462$18,971$13,340$9,229$6,302$952
31 years$25,331$17,934$12,436$8,476$5,698$797
32 years$24,273$16,969$11,603$7,790$5,154$667
33 years$23,281$16,070$10,834$7,164$4,664$558
34 years$22,349$15,230$10,123$6,591$4,223$467
35 years$21,473$14,446$9,464$6,067$3,825$391
36 years$20,647$13,711$8,853$5,588$3,466$328
37 years$19,868$13,022$8,287$5,149$3,141$274
38 years$19,131$12,376$7,760$4,746$2,848$230
39 years$18,434$11,768$7,270$4,376$2,582$192
40 years$17,773$11,197$6,815$4,036$2,342$161
41 years$17,146$10,658$6,390$3,724$2,125$135
42 years$16,551$10,150$5,994$3,436$1,928$113
43 years$15,985$9,671$5,624$3,172$1,750$95
44 years$15,446$9,219$5,280$2,929$1,588$79
45 years$14,932$8,791$4,957$2,705$1,442$66
46 years$14,443$8,386$4,656$2,499$1,309$56
47 years$13,975$8,003$4,374$2,309$1,189$47
48 years$13,528$7,640$4,111$2,133$1,080$39
49 years$13,101$7,296$3,864$1,971$981$33
50 years$12,693$6,969$3,632$1,822$891$27

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 $3,376 every year, while hoping to spend $27,110 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: 49/30/21 Blend
50$13,000,000$13,000,000$13,000,000$13,000,000
51$14,329,482$13,640,482$13,438,982$14,946,773
52$15,762,245$14,280,021$13,860,343$16,015,468
53$17,340,240$14,949,989$14,294,911$17,172,774
54$19,078,254$15,651,848$14,743,100$18,429,482
55$20,992,579$16,387,131$15,205,337$19,794,963
56$23,101,167$17,157,445$15,682,061$21,279,514
57$25,423,803$17,964,477$16,173,727$22,894,446
58$27,982,286$18,809,992$16,680,802$24,652,189
59$30,800,641$19,695,843$17,203,770$26,566,402
60$33,905,338$20,623,972$17,743,129$28,652,100
61$37,325,551$21,596,414$18,299,392$30,925,786
62$41,093,424$22,615,305$18,873,088$33,405,605
63$45,244,381$23,682,883$19,464,764$36,111,509
64$49,817,457$24,801,494$20,074,984$39,065,436
65$54,855,669$25,973,598$20,704,327$42,291,515
66$60,406,419$27,201,776$21,353,393$45,816,284
67$66,521,943$28,488,732$22,022,801$49,668,935
68$73,259,803$29,837,302$22,713,187$53,881,582
69$80,683,433$31,250,460$23,425,208$58,489,554
70$88,862,733$32,731,322$24,159,543$63,531,727
71$97,874,734$34,283,160$24,916,890$69,050,876
72$107,804,322$35,909,399$25,697,971$75,094,071
73$118,745,037$37,613,634$26,503,528$81,713,117
74$130,799,963$39,399,635$27,334,328$88,965,028
75$144,082,694$41,271,351$28,191,162$96,912,558
76$158,718,409$43,232,928$29,074,847$105,624,783
77$174,845,055$45,288,709$29,986,222$115,177,741
78$192,614,645$47,443,250$30,926,155$125,655,138
79$212,194,698$49,701,329$31,895,541$137,149,129
80$233,769,818$52,067,955$32,895,302$149,761,173
81$257,543,435$54,548,380$33,926,390$163,602,978
82$283,739,727$57,148,112$34,989,785$178,797,542
83$312,605,737$59,872,927$36,086,501$195,480,300
84$344,413,703$62,728,882$37,217,580$213,800,389
85$379,463,631$65,722,328$38,384,099$233,922,037
86$418,086,123$68,859,923$39,587,168$256,026,101
87$460,645,501$72,148,653$40,827,932$280,311,754
88$507,543,245$75,595,840$42,107,571$306,998,347
89$559,221,784$79,209,164$43,427,302$336,327,465
90$616,168,672$82,996,679$44,788,383$368,565,183
91$678,921,189$86,966,829$46,192,106$404,004,563
92$748,071,418$91,128,471$47,639,809$442,968,393
93$824,271,828$95,490,892$49,132,869$485,812,216
94$908,241,440$100,063,831$50,672,705$532,927,661
95$1,000,772,610$104,857,502$52,260,783$584,746,118
96$1,102,738,511$109,882,614$53,898,614$641,742,782
97$1,215,101,377$115,150,400$55,587,756$704,441,113
98$1,338,921,587$120,672,640$57,329,816$773,417,750
99$1,475,367,674$126,461,685$59,126,450$849,307,925
100$1,625,727,360$132,530,489$60,979,368$932,811,428