Can I retire at age 51 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,052,554
2 years$543,714$533,587$523,774$514,258$505,029$496,957
3 years$358,875$348,705$338,916$329,490$320,411$312,523
4 years$266,474$256,335$246,644$237,379$228,520$220,877
5 years$211,048$200,970$191,406$182,330$173,717$166,342
6 years$174,109$164,107$154,685$145,811$137,456$130,358
7 years$147,735$137,817$128,544$119,879$111,789$104,971
8 years$127,963$118,135$109,015$100,564$92,740$86,202
9 years$112,593$102,857$93,895$85,658$78,100$71,841
10 years$100,304$90,664$81,860$73,838$66,545$60,562
11 years$90,256$80,713$72,068$64,261$57,231$51,518
12 years$81,889$72,443$63,958$56,366$49,595$44,148
13 years$74,814$65,468$57,143$49,762$43,248$38,060
14 years$68,756$59,508$51,343$44,173$37,911$32,977
15 years$63,510$54,362$46,356$39,395$33,380$28,692
16 years$58,924$49,876$42,028$35,274$29,501$25,053
17 years$54,882$45,934$38,244$31,693$26,158$21,942
18 years$51,293$42,445$34,912$28,562$23,258$19,266
19 years$48,086$39,338$31,960$25,808$20,731$16,955
20 years$45,202$36,554$29,331$23,374$18,517$14,950
21 years$42,597$34,049$26,979$21,214$16,571$13,205
22 years$40,232$31,783$24,866$19,288$14,853$11,680
23 years$38,076$29,726$22,959$17,566$13,333$10,344
24 years$36,102$27,852$21,233$16,021$11,984$9,172
25 years$34,289$26,137$19,666$14,632$10,784$8,141
26 years$32,619$24,565$18,239$13,378$9,714$7,231
27 years$31,074$23,119$16,937$12,246$8,758$6,429
28 years$29,643$21,784$15,745$11,220$7,902$5,719
29 years$28,312$20,551$14,652$10,289$7,136$5,090
30 years$27,073$19,408$13,648$9,442$6,447$4,534
31 years$25,916$18,347$12,723$8,672$5,829$4,040
32 years$24,833$17,360$11,871$7,970$5,273$3,601
33 years$23,818$16,441$11,084$7,329$4,772$3,211
34 years$22,865$15,582$10,356$6,743$4,320$2,864
35 years$21,968$14,779$9,683$6,208$3,913$2,556
36 years$21,123$14,028$9,058$5,717$3,546$2,281
37 years$20,326$13,323$8,478$5,267$3,213$2,036
38 years$19,572$12,662$7,939$4,855$2,913$1,818
39 years$18,859$12,040$7,438$4,477$2,642$1,624
40 years$18,183$11,455$6,972$4,129$2,396$1,450
41 years$17,542$10,904$6,537$3,810$2,174$1,296
42 years$16,933$10,385$6,132$3,516$1,973$1,158
43 years$16,354$9,895$5,754$3,245$1,790$1,035
44 years$15,802$9,432$5,401$2,997$1,625$925
45 years$15,277$8,994$5,072$2,768$1,475$826
46 years$14,776$8,580$4,764$2,556$1,339$739
47 years$14,298$8,188$4,475$2,362$1,216$660
48 years$13,841$7,816$4,205$2,182$1,105$590
49 years$13,404$7,464$3,953$2,017$1,003$528
50 years$12,985$7,130$3,716$1,864$911$472

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,300,000, adding $5,087 every year, while hoping to spend $31,038 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: 52/33/15 Blend
50$13,300,000$13,300,000$13,300,000$13,300,000
51$14,661,847$13,956,947$13,750,797$15,364,629
52$16,124,331$14,607,813$14,178,425$16,497,136
53$17,734,949$15,289,532$14,619,338$17,724,504
54$19,508,776$16,003,581$15,073,948$19,058,716
55$21,462,427$16,751,513$15,542,681$20,509,895
56$23,614,209$17,534,951$16,025,975$22,089,162
57$25,984,294$18,355,600$16,524,281$23,808,737
58$28,594,914$19,215,246$17,038,066$25,682,050
59$31,470,563$20,115,761$17,567,810$27,723,860
60$34,638,237$21,059,110$18,114,008$29,950,393
61$38,127,680$22,047,349$18,677,170$32,379,486
62$41,971,671$23,082,637$19,257,822$35,030,750
63$46,206,331$24,167,235$19,856,509$37,925,751
64$50,871,462$25,303,515$20,473,788$41,088,206
65$56,010,928$26,493,964$21,110,236$44,544,201
66$61,673,063$27,741,188$21,766,449$48,322,427
67$67,911,129$29,047,920$22,443,039$52,454,448
68$74,783,821$30,417,026$23,140,638$56,974,987
69$82,355,820$31,851,509$23,859,898$61,922,250
70$90,698,400$33,354,519$24,601,491$67,338,276
71$99,890,105$34,929,359$25,366,110$73,269,323
72$110,017,489$36,579,491$26,154,468$79,766,299
73$121,175,932$38,308,545$26,967,301$86,885,233
74$133,470,541$40,120,327$27,805,369$94,687,790
75$147,017,141$42,018,829$28,669,455$103,241,846
76$161,943,372$44,008,234$29,560,364$112,622,116
77$178,389,889$46,092,930$30,478,929$122,910,851
78$196,511,692$48,277,518$31,426,007$134,198,596
79$216,479,588$50,566,820$32,402,482$146,585,038
80$238,481,807$52,965,895$33,409,266$160,179,932
81$262,725,773$55,480,046$34,447,298$175,104,123
82$289,440,066$58,114,832$35,517,547$191,490,671
83$318,876,580$60,876,086$36,621,012$209,486,094
84$351,312,897$63,769,920$37,758,722$229,251,736
85$387,054,912$66,802,746$38,931,739$250,965,269
86$426,439,718$69,981,286$40,141,157$274,822,358
87$469,838,788$73,312,588$41,388,105$301,038,487
88$517,661,484$76,804,043$42,673,745$329,850,977
89$570,358,917$80,463,403$43,999,277$361,521,201
90$628,428,210$84,298,794$45,365,937$396,337,036
91$692,417,192$88,318,739$46,775,000$434,615,557
92$762,929,562$92,532,174$48,227,779$476,706,007
93$840,630,598$96,948,471$49,725,630$522,993,069
94$926,253,429$101,577,456$51,269,949$573,900,475
95$1,020,605,962$106,429,434$52,862,175$629,894,979
96$1,124,578,506$111,515,212$54,503,794$691,490,735
97$1,239,152,177$116,846,122$56,196,335$759,254,121
98$1,365,408,163$122,434,045$57,941,376$833,809,059
99$1,504,537,927$128,291,445$59,740,544$915,842,873
100$1,657,854,459$134,431,389$61,595,514$1,006,112,741