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

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,029,852
2 years$535,538$525,564$515,897$506,525$497,434$482,592
3 years$353,479$343,462$333,820$324,536$315,593$301,130
4 years$262,467$252,481$242,935$233,810$225,083$211,112
5 years$207,874$197,948$188,528$179,588$171,105$157,665
6 years$171,491$161,639$152,358$143,618$135,389$122,497
7 years$145,513$135,744$126,611$118,076$110,108$97,767
8 years$126,039$116,358$107,376$99,051$91,345$79,554
9 years$110,900$101,311$92,483$84,370$76,926$65,680
10 years$98,796$89,300$80,629$72,728$65,545$54,835
11 years$88,899$79,499$70,984$63,295$56,371$46,186
12 years$80,658$71,354$62,997$55,518$48,850$39,179
13 years$73,689$64,483$56,283$49,014$42,598$33,428
14 years$67,722$58,613$50,571$43,509$37,341$28,658
15 years$62,555$53,544$45,659$38,803$32,878$24,666
16 years$58,038$49,126$41,396$34,744$29,058$21,302
17 years$54,057$45,243$37,669$31,217$25,764$18,448
18 years$50,522$41,807$34,387$28,133$22,909$16,015
19 years$47,362$38,746$31,480$25,420$20,419$13,932
20 years$44,523$36,005$28,890$23,023$18,239$12,141
21 years$41,957$33,537$26,574$20,895$16,321$10,596
22 years$39,627$31,305$24,492$18,998$14,630$9,260
23 years$37,503$29,279$22,614$17,302$13,133$8,101
24 years$35,559$27,433$20,914$15,780$11,804$7,095
25 years$33,774$25,744$19,370$14,412$10,622$6,219
26 years$32,128$24,196$17,965$13,177$9,568$5,455
27 years$30,607$22,771$16,682$12,061$8,626$4,788
28 years$29,197$21,457$15,508$11,051$7,783$4,205
29 years$27,887$20,242$14,432$10,134$7,028$3,695
30 years$26,666$19,117$13,443$9,300$6,350$3,248
31 years$25,526$18,071$12,532$8,542$5,741$2,856
32 years$24,460$17,099$11,693$7,850$5,194$2,512
33 years$23,460$16,193$10,918$7,219$4,700$2,211
34 years$22,521$15,348$10,201$6,642$4,255$1,946
35 years$21,638$14,557$9,537$6,114$3,854$1,713
36 years$20,806$13,817$8,922$5,631$3,492$1,508
37 years$20,020$13,123$8,350$5,188$3,165$1,328
38 years$19,278$12,471$7,820$4,782$2,869$1,170
39 years$18,575$11,859$7,326$4,409$2,602$1,031
40 years$17,910$11,283$6,867$4,067$2,360$908
41 years$17,278$10,740$6,439$3,752$2,141$800
42 years$16,678$10,229$6,040$3,463$1,943$705
43 years$16,108$9,746$5,668$3,197$1,763$622
44 years$15,565$9,290$5,320$2,952$1,601$548
45 years$15,047$8,859$4,995$2,726$1,453$483
46 years$14,554$8,451$4,692$2,518$1,319$426
47 years$14,083$8,065$4,408$2,326$1,198$375
48 years$13,632$7,699$4,142$2,150$1,088$331
49 years$13,202$7,352$3,893$1,987$988$292
50 years$12,790$7,023$3,660$1,836$898$257

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 $4,674 every year, while hoping to spend $50,062 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: 71/21/8 Blend
50$13,100,000$13,100,000$13,100,000$13,100,000
51$14,441,021$13,746,721$13,543,671$15,446,588
52$15,860,740$14,367,045$13,944,119$16,732,124
53$17,423,592$15,016,087$14,356,303$18,132,131
54$19,144,124$15,695,201$14,780,565$19,663,138
55$21,038,365$16,405,806$15,217,255$21,338,027
56$23,123,978$17,149,390$15,666,732$23,170,976
57$25,420,423$17,927,510$16,129,367$25,177,586
58$27,949,147$18,741,798$16,605,541$27,375,027
59$30,733,779$19,593,965$17,095,646$29,782,197
60$33,800,359$20,485,804$17,600,085$32,419,899
61$37,177,580$21,419,193$18,119,272$35,311,030
62$40,897,059$22,396,100$18,653,634$38,480,798
63$44,993,637$23,418,587$19,203,609$41,956,954
64$49,505,706$24,488,816$19,769,648$45,770,050
65$54,475,572$25,609,051$20,352,215$49,953,723
66$59,949,853$26,781,668$20,951,787$54,545,013
67$65,979,921$28,009,152$21,568,854$59,584,701
68$72,622,384$29,294,111$22,203,921$65,117,696
69$79,939,622$30,639,277$22,857,508$71,193,450
70$88,000,375$32,047,514$23,530,146$77,866,422
71$96,880,393$33,521,822$24,222,386$85,196,586
72$106,663,149$35,065,347$24,934,791$93,249,992
73$117,440,625$36,681,384$25,667,942$102,099,386
74$129,314,186$38,373,389$26,422,436$111,824,885
75$142,395,531$40,144,983$27,198,885$122,514,736
76$156,807,749$41,999,961$27,997,921$134,266,133
77$172,686,481$43,942,300$28,820,193$147,186,135
78$190,181,200$45,976,171$29,666,368$161,392,668
79$209,456,623$48,105,944$30,537,131$177,015,627
80$230,694,262$50,336,199$31,433,189$194,198,101
81$254,094,142$52,671,738$32,355,266$213,097,710
82$279,876,686$55,117,594$33,304,109$233,888,088
83$308,284,794$57,679,043$34,280,483$256,760,511
84$339,586,141$60,361,615$35,285,177$281,925,698
85$374,075,700$63,171,105$36,319,002$309,615,784
86$412,078,523$66,113,592$37,382,791$340,086,507
87$453,952,819$69,195,444$38,477,401$373,619,608
88$500,093,325$72,423,339$39,603,712$410,525,483
89$550,935,037$75,804,276$40,762,630$451,146,099
90$606,957,319$79,345,594$41,955,086$495,858,213
91$668,688,421$83,054,983$43,182,037$545,076,913
92$736,710,471$86,940,509$44,444,466$599,259,526
93$811,664,969$91,010,623$45,743,386$658,909,920
94$894,258,842$95,274,190$47,079,835$724,583,248
95$985,271,117$99,740,498$48,454,883$796,891,171
96$1,085,560,277$104,419,289$49,869,628$876,507,622
97$1,196,072,364$109,320,773$51,325,199$964,175,144
98$1,317,849,910$114,455,655$52,822,758$1,060,711,891
99$1,452,041,777$119,835,159$54,363,497$1,167,019,328
100$1,599,914,007$125,471,050$55,948,642$1,284,090,724