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%11.5%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,053,877
2 years$543,714$533,587$523,774$514,258$505,029$498,287
3 years$358,875$348,705$338,916$329,490$320,411$313,820
4 years$266,474$256,335$246,644$237,379$228,520$222,130
5 years$211,048$200,970$191,406$182,330$173,717$167,547
6 years$174,109$164,107$154,685$145,811$137,456$131,515
7 years$147,735$137,817$128,544$119,879$111,789$106,078
8 years$127,963$118,135$109,015$100,564$92,740$87,260
9 years$112,593$102,857$93,895$85,658$78,100$72,850
10 years$100,304$90,664$81,860$73,838$66,545$61,522
11 years$90,256$80,713$72,068$64,261$57,231$52,432
12 years$81,889$72,443$63,958$56,366$49,595$45,016
13 years$74,814$65,468$57,143$49,762$43,248$38,883
14 years$68,756$59,508$51,343$44,173$37,911$33,756
15 years$63,510$54,362$46,356$39,395$33,380$29,429
16 years$58,924$49,876$42,028$35,274$29,501$25,749
17 years$54,882$45,934$38,244$31,693$26,158$22,598
18 years$51,293$42,445$34,912$28,562$23,258$19,885
19 years$48,086$39,338$31,960$25,808$20,731$17,537
20 years$45,202$36,554$29,331$23,374$18,517$15,497
21 years$42,597$34,049$26,979$21,214$16,571$13,718
22 years$40,232$31,783$24,866$19,288$14,853$12,161
23 years$38,076$29,726$22,959$17,566$13,333$10,795
24 years$36,102$27,852$21,233$16,021$11,984$9,593
25 years$34,289$26,137$19,666$14,632$10,784$8,534
26 years$32,619$24,565$18,239$13,378$9,714$7,599
27 years$31,074$23,119$16,937$12,246$8,758$6,771
28 years$29,643$21,784$15,745$11,220$7,902$6,038
29 years$28,312$20,551$14,652$10,289$7,136$5,388
30 years$27,073$19,408$13,648$9,442$6,447$4,810
31 years$25,916$18,347$12,723$8,672$5,829$4,296
32 years$24,833$17,360$11,871$7,970$5,273$3,839
33 years$23,818$16,441$11,084$7,329$4,772$3,432
34 years$22,865$15,582$10,356$6,743$4,320$3,069
35 years$21,968$14,779$9,683$6,208$3,913$2,745
36 years$21,123$14,028$9,058$5,717$3,546$2,456
37 years$20,326$13,323$8,478$5,267$3,213$2,198
38 years$19,572$12,662$7,939$4,855$2,913$1,968
39 years$18,859$12,040$7,438$4,477$2,642$1,762
40 years$18,183$11,455$6,972$4,129$2,396$1,578
41 years$17,542$10,904$6,537$3,810$2,174$1,413
42 years$16,933$10,385$6,132$3,516$1,973$1,266
43 years$16,354$9,895$5,754$3,245$1,790$1,134
44 years$15,802$9,432$5,401$2,997$1,625$1,016
45 years$15,277$8,994$5,072$2,768$1,475$911
46 years$14,776$8,580$4,764$2,556$1,339$816
47 years$14,298$8,188$4,475$2,362$1,216$731
48 years$13,841$7,816$4,205$2,182$1,105$656
49 years$13,404$7,464$3,953$2,017$1,003$588
50 years$12,985$7,130$3,716$1,864$911$527

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 $3,168 every year, while hoping to spend $31,087 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: 56/28/16 Blend
50$13,300,000$13,300,000$13,300,000$13,300,000
51$14,659,868$13,954,968$13,748,818$15,419,006
52$16,122,098$14,605,685$14,176,327$16,585,969
53$17,732,434$15,287,245$14,617,116$17,852,895
54$19,505,949$16,001,127$15,071,596$19,232,283
55$21,459,254$16,748,881$15,540,193$20,734,909
56$23,610,653$17,532,131$16,023,344$22,372,617
57$25,980,315$18,352,581$16,521,502$24,158,431
58$28,590,466$19,212,016$17,035,131$26,106,667
59$31,465,598$20,112,309$17,564,712$28,233,069
60$34,632,698$21,055,421$18,110,739$30,554,951
61$38,121,507$22,043,411$18,673,722$33,091,354
62$41,964,797$23,078,434$19,254,189$35,863,223
63$46,198,682$24,162,754$19,852,680$38,893,599
64$50,862,958$25,298,739$20,469,755$42,207,830
65$56,001,478$26,488,876$21,105,990$45,833,803
66$61,662,569$27,735,770$21,761,980$49,802,207
67$67,899,481$29,042,153$22,438,337$54,146,806
68$74,770,900$30,410,891$23,135,694$58,904,763
69$82,341,493$31,844,985$23,854,700$64,116,974
70$90,682,520$33,347,584$24,596,028$69,828,453
71$99,872,512$34,921,991$25,360,369$76,088,746
72$109,998,004$36,571,664$26,148,437$82,952,390
73$121,154,359$38,300,235$26,960,969$90,479,423
74$133,446,665$40,111,507$27,798,722$98,735,941
75$146,990,723$42,009,470$28,662,478$107,794,708
76$161,914,150$43,998,306$29,553,044$117,735,840
77$178,357,573$46,082,403$30,471,250$128,647,547
78$196,475,963$48,266,358$31,417,955$140,626,959
79$216,440,094$50,554,993$32,394,040$153,781,025
80$238,438,160$52,953,364$33,400,416$168,227,519
81$262,677,546$55,466,773$34,438,024$184,096,135
82$289,386,789$58,100,777$35,507,830$201,529,701
83$318,817,732$60,861,205$36,610,833$220,685,511
84$351,247,906$63,754,170$37,748,061$241,736,801
85$386,983,147$66,786,079$38,920,576$264,874,367
86$426,360,483$69,963,652$40,129,471$290,308,349
87$469,751,317$73,293,935$41,375,872$318,270,204
88$517,564,930$76,784,318$42,660,944$349,014,871
89$570,252,350$80,442,547$43,985,883$382,823,161
90$628,310,605$84,276,746$45,351,925$420,004,391
91$692,287,416$88,295,436$46,760,343$460,899,284
92$762,786,369$92,507,549$48,212,451$505,883,167
93$840,472,613$96,922,453$49,709,603$555,369,491
94$926,079,138$101,549,972$51,253,193$609,813,716
95$1,020,413,696$106,400,406$52,844,660$669,717,584
96$1,124,366,424$111,484,558$54,485,488$735,633,838
97$1,238,918,253$116,813,754$56,177,205$808,171,407
98$1,365,150,161$122,399,875$57,921,388$888,001,136
99$1,504,253,385$128,255,376$59,719,662$975,862,089
100$1,657,540,662$134,393,321$61,573,703$1,072,568,496