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

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,025,790
2 years$543,714$533,587$523,774$514,258$505,029$470,330
3 years$358,875$348,705$338,916$329,490$320,411$286,873
4 years$266,474$256,335$246,644$237,379$228,520$196,400
5 years$211,048$200,970$191,406$182,330$173,717$143,100
6 years$174,109$164,107$154,685$145,811$137,456$108,368
7 years$147,735$137,817$128,544$119,879$111,789$84,225
8 years$127,963$118,135$109,015$100,564$92,740$66,681
9 years$112,593$102,857$93,895$85,658$78,100$53,516
10 years$100,304$90,664$81,860$73,838$66,545$43,397
11 years$90,256$80,713$72,068$64,261$57,231$35,475
12 years$81,889$72,443$63,958$56,366$49,595$29,184
13 years$74,814$65,468$57,143$49,762$43,248$24,130
14 years$68,756$59,508$51,343$44,173$37,911$20,033
15 years$63,510$54,362$46,356$39,395$33,380$16,686
16 years$58,924$49,876$42,028$35,274$29,501$13,937
17 years$54,882$45,934$38,244$31,693$26,158$11,667
18 years$51,293$42,445$34,912$28,562$23,258$9,785
19 years$48,086$39,338$31,960$25,808$20,731$8,219
20 years$45,202$36,554$29,331$23,374$18,517$6,912
21 years$42,597$34,049$26,979$21,214$16,571$5,820
22 years$40,232$31,783$24,866$19,288$14,853$4,904
23 years$38,076$29,726$22,959$17,566$13,333$4,136
24 years$36,102$27,852$21,233$16,021$11,984$3,490
25 years$34,289$26,137$19,666$14,632$10,784$2,947
26 years$32,619$24,565$18,239$13,378$9,714$2,489
27 years$31,074$23,119$16,937$12,246$8,758$2,103
28 years$29,643$21,784$15,745$11,220$7,902$1,778
29 years$28,312$20,551$14,652$10,289$7,136$1,503
30 years$27,073$19,408$13,648$9,442$6,447$1,271
31 years$25,916$18,347$12,723$8,672$5,829$1,075
32 years$24,833$17,360$11,871$7,970$5,273$910
33 years$23,818$16,441$11,084$7,329$4,772$770
34 years$22,865$15,582$10,356$6,743$4,320$651
35 years$21,968$14,779$9,683$6,208$3,913$551
36 years$21,123$14,028$9,058$5,717$3,546$466
37 years$20,326$13,323$8,478$5,267$3,213$395
38 years$19,572$12,662$7,939$4,855$2,913$334
39 years$18,859$12,040$7,438$4,477$2,642$283
40 years$18,183$11,455$6,972$4,129$2,396$239
41 years$17,542$10,904$6,537$3,810$2,174$203
42 years$16,933$10,385$6,132$3,516$1,973$172
43 years$16,354$9,895$5,754$3,245$1,790$145
44 years$15,802$9,432$5,401$2,997$1,625$123
45 years$15,277$8,994$5,072$2,768$1,475$104
46 years$14,776$8,580$4,764$2,556$1,339$88
47 years$14,298$8,188$4,475$2,362$1,216$75
48 years$13,841$7,816$4,205$2,182$1,105$63
49 years$13,404$7,464$3,953$2,017$1,003$54
50 years$12,985$7,130$3,716$1,864$911$45

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 $3,210 every year, while hoping to spend $31,161 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: 39/50/11 Blend
50$13,300,000$13,300,000$13,300,000$13,300,000
51$14,659,911$13,955,011$13,748,861$15,182,754
52$16,122,067$14,605,652$14,176,293$16,203,491
53$17,732,318$15,287,129$14,616,999$17,303,153
54$19,505,738$16,000,922$15,071,392$18,491,448
55$21,458,935$16,748,579$15,539,896$19,776,377
56$23,610,213$17,531,725$16,022,948$21,166,707
57$25,979,738$18,352,063$16,521,000$22,672,050
58$28,589,735$19,211,378$17,034,518$24,302,948
59$31,464,694$20,111,542$17,563,980$26,070,961
60$34,631,601$21,054,516$18,109,882$27,988,773
61$38,120,194$22,042,357$18,672,733$30,070,302
62$41,963,243$23,077,221$19,253,058$32,330,822
63$46,196,859$24,161,370$19,851,401$34,787,101
64$50,860,835$25,297,173$20,468,319$37,457,547
65$55,999,021$26,487,116$21,104,388$40,362,376
66$61,659,739$27,733,802$21,760,203$43,523,789
67$67,896,238$29,039,964$22,436,375$46,966,174
68$74,767,197$30,408,465$23,133,537$50,716,323
69$82,337,278$31,842,307$23,852,337$54,803,676
70$90,677,738$33,344,637$24,593,448$59,260,585
71$99,867,099$34,918,757$25,357,561$64,122,606
72$109,991,893$36,568,126$26,145,389$69,428,827
73$121,147,474$38,296,372$26,957,668$75,222,213
74$133,438,921$40,107,299$27,795,154$81,550,008
75$146,982,030$42,004,895$28,658,630$88,464,159
76$161,904,404$43,993,342$29,548,901$96,021,793
77$178,346,662$46,077,024$30,466,798$104,285,738
78$196,463,762$48,260,539$31,413,177$113,325,102
79$216,426,467$50,548,707$32,388,920$123,215,904
80$238,422,956$52,946,583$33,394,937$134,041,774
81$262,660,597$55,459,465$34,432,168$145,894,721
82$289,367,911$58,092,912$35,501,578$158,875,984
83$318,796,722$60,852,749$36,604,166$173,096,961
84$351,224,541$63,745,087$37,740,958$188,680,242
85$386,957,180$66,776,332$38,913,016$205,760,740
86$426,331,642$69,953,201$40,121,431$224,486,940
87$469,719,300$73,282,739$41,367,331$245,022,275
88$517,529,408$76,772,333$42,651,875$267,546,638
89$570,212,957$80,429,726$43,976,262$292,258,056
90$628,266,938$84,263,042$45,341,726$319,374,527
91$692,239,030$88,280,796$46,749,539$349,136,043
92$762,732,776$92,491,920$48,201,013$381,806,828
93$840,413,273$96,905,777$49,697,501$417,677,793
94$926,013,455$101,532,189$51,240,396$457,069,250
95$1,020,341,014$106,381,453$52,831,135$500,333,892
96$1,124,286,021$111,464,368$54,471,202$547,860,086
97$1,238,829,331$116,792,257$56,162,123$600,075,498
98$1,365,051,841$122,376,997$57,905,473$657,451,083
99$1,504,144,698$128,231,039$59,702,875$720,505,490
100$1,657,420,540$134,367,442$61,556,004$789,809,903