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%14.6%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,024,779
2 years$535,538$525,564$515,897$506,525$497,434$477,530
3 years$353,479$343,462$333,820$324,536$315,593$296,237
4 years$262,467$252,481$242,935$233,810$225,083$206,426
5 years$207,874$197,948$188,528$179,588$171,105$153,200
6 years$171,491$161,639$152,358$143,618$135,389$118,256
7 years$145,513$135,744$126,611$118,076$110,108$93,750
8 years$126,039$116,358$107,376$99,051$91,345$75,758
9 years$110,900$101,311$92,483$84,370$76,926$62,101
10 years$98,796$89,300$80,629$72,728$65,545$51,468
11 years$88,899$79,499$70,984$63,295$56,371$43,025
12 years$80,658$71,354$62,997$55,518$48,850$36,217
13 years$73,689$64,483$56,283$49,014$42,598$30,657
14 years$67,722$58,613$50,571$43,509$37,341$26,071
15 years$62,555$53,544$45,659$38,803$32,878$22,256
16 years$58,038$49,126$41,396$34,744$29,058$19,059
17 years$54,057$45,243$37,669$31,217$25,764$16,365
18 years$50,522$41,807$34,387$28,133$22,909$14,084
19 years$47,362$38,746$31,480$25,420$20,419$12,144
20 years$44,523$36,005$28,890$23,023$18,239$10,489
21 years$41,957$33,537$26,574$20,895$16,321$9,071
22 years$39,627$31,305$24,492$18,998$14,630$7,855
23 years$37,503$29,279$22,614$17,302$13,133$6,809
24 years$35,559$27,433$20,914$15,780$11,804$5,907
25 years$33,774$25,744$19,370$14,412$10,622$5,129
26 years$32,128$24,196$17,965$13,177$9,568$4,456
27 years$30,607$22,771$16,682$12,061$8,626$3,873
28 years$29,197$21,457$15,508$11,051$7,783$3,369
29 years$27,887$20,242$14,432$10,134$7,028$2,931
30 years$26,666$19,117$13,443$9,300$6,350$2,551
31 years$25,526$18,071$12,532$8,542$5,741$2,222
32 years$24,460$17,099$11,693$7,850$5,194$1,935
33 years$23,460$16,193$10,918$7,219$4,700$1,686
34 years$22,521$15,348$10,201$6,642$4,255$1,469
35 years$21,638$14,557$9,537$6,114$3,854$1,280
36 years$20,806$13,817$8,922$5,631$3,492$1,116
37 years$20,020$13,123$8,350$5,188$3,165$973
38 years$19,278$12,471$7,820$4,782$2,869$848
39 years$18,575$11,859$7,326$4,409$2,602$739
40 years$17,910$11,283$6,867$4,067$2,360$645
41 years$17,278$10,740$6,439$3,752$2,141$562
42 years$16,678$10,229$6,040$3,463$1,943$491
43 years$16,108$9,746$5,668$3,197$1,763$428
44 years$15,565$9,290$5,320$2,952$1,601$373
45 years$15,047$8,859$4,995$2,726$1,453$326
46 years$14,554$8,451$4,692$2,518$1,319$284
47 years$14,083$8,065$4,408$2,326$1,198$248
48 years$13,632$7,699$4,142$2,150$1,088$216
49 years$13,202$7,352$3,893$1,987$988$189
50 years$12,790$7,023$3,660$1,836$898$165

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 $2,947 every year, while hoping to spend $57,250 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: 54/19/27 Blend
50$13,100,000$13,100,000$13,100,000$13,100,000
51$14,439,240$13,744,940$13,541,890$15,110,580
52$15,851,129$14,357,528$13,934,630$16,187,151
53$17,405,112$14,998,215$14,338,607$17,352,459
54$19,115,621$15,668,316$14,754,139$18,620,004
55$20,998,562$16,369,210$15,181,550$19,999,616
56$23,071,456$17,102,343$15,621,173$21,502,104
57$25,353,613$17,869,226$16,073,351$23,139,355
58$27,866,310$18,671,446$16,538,436$24,924,446
59$30,632,991$19,510,664$17,016,791$26,871,759
60$33,679,488$20,388,620$17,508,786$28,997,118
61$37,034,270$21,307,136$18,014,804$31,317,933
62$40,728,703$22,268,123$18,535,237$33,853,361
63$44,797,351$23,273,582$19,070,489$36,624,482
64$49,278,303$24,325,609$19,620,972$39,654,494
65$54,213,528$25,426,402$20,187,112$42,968,930
66$59,649,274$26,578,262$20,769,347$46,595,891
67$65,636,505$27,783,601$21,368,125$50,566,312
68$72,231,377$29,044,946$21,983,906$54,914,242
69$79,495,775$30,364,946$22,617,164$59,677,168
70$87,497,890$31,746,375$23,268,385$64,896,359
71$96,312,868$33,192,140$23,938,069$70,617,249
72$106,023,515$34,705,290$24,626,729$76,889,868
73$116,721,080$36,289,015$25,334,891$83,769,298
74$128,506,116$37,946,663$26,063,096$91,316,196
75$141,489,430$39,681,739$26,811,899$99,597,353
76$155,793,126$41,497,919$27,581,872$108,686,323
77$171,551,760$43,399,052$28,373,600$118,664,110
78$188,913,608$45,389,174$29,187,684$129,619,922
79$208,042,067$47,472,515$30,024,743$141,652,009
80$229,117,196$49,653,506$30,885,410$154,868,581
81$252,337,416$51,936,794$31,770,337$169,388,821
82$277,921,381$54,327,245$32,680,192$185,344,005
83$306,110,046$56,829,964$33,615,662$202,878,728
84$337,168,936$59,450,298$34,577,452$222,152,262
85$371,390,656$62,193,851$35,566,285$243,340,050
86$409,097,652$65,066,499$36,582,905$266,635,352
87$450,645,254$68,074,398$37,628,074$292,251,056
88$496,425,030$71,224,004$38,702,574$320,421,685
89$546,868,483$74,522,080$39,807,210$351,405,587
90$602,451,123$77,975,717$40,942,806$385,487,376
91$663,696,957$81,592,346$42,110,210$422,980,593
92$731,183,434$85,379,759$43,310,290$464,230,664
93$805,546,898$89,346,121$44,543,938$509,618,140
94$887,488,592$93,499,992$45,812,071$559,562,280
95$977,781,280$97,850,343$47,115,627$614,524,991
96$1,077,276,541$102,406,580$48,455,570$675,015,173
97$1,186,912,808$107,178,562$49,832,892$741,593,513
98$1,307,724,228$112,176,624$51,248,607$814,877,753
99$1,440,850,420$117,411,601$52,703,757$895,548,510
100$1,587,547,242$122,894,848$54,199,411$984,355,681