Can I retire at age 51 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,010,365
2 years$535,538$525,564$515,897$506,525$497,434$463,258
3 years$353,479$343,462$333,820$324,536$315,593$282,559
4 years$262,467$252,481$242,935$233,810$225,083$193,446
5 years$207,874$197,948$188,528$179,588$171,105$140,948
6 years$171,491$161,639$152,358$143,618$135,389$106,738
7 years$145,513$135,744$126,611$118,076$110,108$82,959
8 years$126,039$116,358$107,376$99,051$91,345$65,678
9 years$110,900$101,311$92,483$84,370$76,926$52,711
10 years$98,796$89,300$80,629$72,728$65,545$42,744
11 years$88,899$79,499$70,984$63,295$56,371$34,942
12 years$80,658$71,354$62,997$55,518$48,850$28,745
13 years$73,689$64,483$56,283$49,014$42,598$23,767
14 years$67,722$58,613$50,571$43,509$37,341$19,731
15 years$62,555$53,544$45,659$38,803$32,878$16,436
16 years$58,038$49,126$41,396$34,744$29,058$13,728
17 years$54,057$45,243$37,669$31,217$25,764$11,491
18 years$50,522$41,807$34,387$28,133$22,909$9,637
19 years$47,362$38,746$31,480$25,420$20,419$8,095
20 years$44,523$36,005$28,890$23,023$18,239$6,808
21 years$41,957$33,537$26,574$20,895$16,321$5,732
22 years$39,627$31,305$24,492$18,998$14,630$4,830
23 years$37,503$29,279$22,614$17,302$13,133$4,074
24 years$35,559$27,433$20,914$15,780$11,804$3,438
25 years$33,774$25,744$19,370$14,412$10,622$2,902
26 years$32,128$24,196$17,965$13,177$9,568$2,452
27 years$30,607$22,771$16,682$12,061$8,626$2,072
28 years$29,197$21,457$15,508$11,051$7,783$1,751
29 years$27,887$20,242$14,432$10,134$7,028$1,481
30 years$26,666$19,117$13,443$9,300$6,350$1,252
31 years$25,526$18,071$12,532$8,542$5,741$1,059
32 years$24,460$17,099$11,693$7,850$5,194$896
33 years$23,460$16,193$10,918$7,219$4,700$758
34 years$22,521$15,348$10,201$6,642$4,255$641
35 years$21,638$14,557$9,537$6,114$3,854$543
36 years$20,806$13,817$8,922$5,631$3,492$459
37 years$20,020$13,123$8,350$5,188$3,165$389
38 years$19,278$12,471$7,820$4,782$2,869$329
39 years$18,575$11,859$7,326$4,409$2,602$279
40 years$17,910$11,283$6,867$4,067$2,360$236
41 years$17,278$10,740$6,439$3,752$2,141$200
42 years$16,678$10,229$6,040$3,463$1,943$169
43 years$16,108$9,746$5,668$3,197$1,763$143
44 years$15,565$9,290$5,320$2,952$1,601$121
45 years$15,047$8,859$4,995$2,726$1,453$103
46 years$14,554$8,451$4,692$2,518$1,319$87
47 years$14,083$8,065$4,408$2,326$1,198$74
48 years$13,632$7,699$4,142$2,150$1,088$62
49 years$13,202$7,352$3,893$1,987$988$53
50 years$12,790$7,023$3,660$1,836$898$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,100,000, adding $3,843 every year, while hoping to spend $45,607 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: 58/34/8 Blend
50$13,100,000$13,100,000$13,100,000$13,100,000
51$14,440,164$13,745,864$13,542,814$15,251,584
52$15,864,535$14,370,886$13,947,973$16,422,524
53$17,432,664$15,025,005$14,365,176$17,692,722
54$19,159,165$15,709,600$14,794,779$19,076,043
55$21,060,142$16,426,113$15,237,146$20,583,326
56$23,153,342$17,176,058$15,692,656$22,226,484
57$25,458,318$17,961,020$16,161,695$24,018,613
58$27,996,616$18,782,659$16,644,662$25,974,110
59$30,791,980$19,642,718$17,141,967$28,108,805
60$33,870,571$20,543,021$17,654,032$30,440,106
61$37,261,220$21,485,480$18,181,293$32,987,158
62$40,995,695$22,472,098$18,724,196$35,771,017
63$45,109,001$23,504,976$19,283,202$38,814,847
64$49,639,714$24,586,316$19,858,784$42,144,126
65$54,630,343$25,718,423$20,451,431$45,786,888
66$60,127,728$26,903,716$21,061,644$49,773,975
67$66,183,487$28,144,728$21,689,940$54,139,326
68$72,854,499$29,444,116$22,336,849$58,920,287
69$80,203,444$30,804,664$23,002,920$64,157,960
70$88,299,391$32,229,288$23,688,713$69,897,577
71$97,218,453$33,721,048$24,394,810$76,188,925
72$107,044,505$35,283,149$25,121,805$83,086,808
73$117,869,971$36,918,950$25,870,313$90,651,547
74$129,796,704$38,631,974$26,640,964$98,949,552
75$142,936,938$40,425,911$27,434,407$108,053,930
76$157,414,358$42,304,633$28,251,311$118,045,168
77$173,365,256$44,272,193$29,092,364$129,011,886
78$190,939,827$46,332,846$29,958,273$141,051,655
79$210,303,581$48,491,047$30,849,766$154,271,913
80$231,638,906$50,751,468$31,767,594$168,790,964
81$255,146,792$53,119,007$32,712,525$184,739,084
82$281,048,724$55,598,798$33,685,355$202,259,734
83$309,588,778$58,196,223$34,686,898$221,510,904
84$341,035,920$60,916,924$35,717,995$242,666,589
85$375,686,546$63,766,816$36,779,511$265,918,416
86$413,867,282$66,752,099$37,872,333$291,477,435
87$455,938,066$69,879,273$38,997,377$319,576,098
88$502,295,544$73,155,152$40,155,584$350,470,435
89$553,376,817$76,586,882$41,347,923$384,442,450
90$609,663,563$80,181,950$42,575,390$421,802,769
91$671,686,590$83,948,210$43,839,009$462,893,547
92$740,030,843$87,893,892$45,139,837$508,091,682
93$815,340,924$92,027,628$46,478,956$557,812,345
94$898,327,182$96,358,466$47,857,485$612,512,883
95$989,772,415$100,895,891$49,276,572$672,697,107
96$1,090,539,262$105,649,850$50,737,397$738,920,028
97$1,201,578,344$110,630,769$52,241,177$811,793,065
98$1,323,937,240$115,849,583$53,789,161$891,989,791
99$1,458,770,378$121,317,752$55,382,638$980,252,265
100$1,607,349,930$127,047,294$57,022,929$1,077,398,004