Can I retire at age 51 with 13,400,000?

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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,028,986
2 years$547,802$537,599$527,712$518,125$508,826$469,428
3 years$361,573$351,327$341,464$331,968$322,820$284,812
4 years$268,478$258,263$248,499$239,164$230,238$193,909
5 years$212,635$202,481$192,845$183,701$175,023$140,468
6 years$175,418$165,341$155,848$146,907$138,490$105,734
7 years$148,845$138,853$129,510$120,780$112,629$81,663
8 years$128,925$119,023$109,835$101,320$93,437$64,233
9 years$113,439$103,631$94,601$86,302$78,687$51,205
10 years$101,058$91,345$82,475$74,393$67,046$41,236
11 years$90,935$81,319$72,610$64,744$57,661$33,469
12 years$82,505$72,988$64,439$56,789$49,968$27,332
13 years$75,377$65,960$57,572$50,137$43,573$22,430
14 years$69,273$59,956$51,729$44,506$38,196$18,479
15 years$63,987$54,771$46,704$39,691$33,631$15,272
16 years$59,367$50,251$42,344$35,539$29,723$12,655
17 years$55,295$46,279$38,532$31,932$26,354$10,508
18 years$51,679$42,764$35,174$28,777$23,433$8,741
19 years$48,447$39,633$32,200$26,002$20,887$7,281
20 years$45,542$36,829$29,552$23,550$18,656$6,072
21 years$42,918$34,305$27,182$21,373$16,695$5,069
22 years$40,535$32,022$25,053$19,433$14,965$4,235
23 years$38,362$29,950$23,132$17,698$13,433$3,541
24 years$36,374$28,061$21,393$16,142$12,074$2,962
25 years$34,547$26,334$19,814$14,742$10,865$2,479
26 years$32,864$24,750$18,376$13,479$9,787$2,075
27 years$31,308$23,292$17,064$12,338$8,824$1,738
28 years$29,866$21,948$15,863$11,304$7,962$1,456
29 years$28,525$20,706$14,762$10,366$7,189$1,220
30 years$27,277$19,554$13,750$9,513$6,496$1,023
31 years$26,111$18,485$12,819$8,737$5,873$857
32 years$25,020$17,491$11,960$8,030$5,312$719
33 years$23,997$16,564$11,168$7,384$4,808$602
34 years$23,037$15,699$10,434$6,794$4,353$505
35 years$22,134$14,890$9,755$6,254$3,943$424
36 years$21,282$14,133$9,126$5,760$3,572$355
37 years$20,479$13,423$8,542$5,307$3,238$298
38 years$19,720$12,757$7,999$4,892$2,935$250
39 years$19,001$12,130$7,494$4,510$2,662$210
40 years$18,320$11,541$7,024$4,160$2,414$176
41 years$17,674$10,986$6,586$3,838$2,190$147
42 years$17,060$10,463$6,178$3,542$1,987$124
43 years$16,477$9,969$5,798$3,270$1,804$104
44 years$15,921$9,502$5,442$3,019$1,637$87
45 years$15,392$9,061$5,110$2,788$1,486$73
46 years$14,887$8,644$4,799$2,576$1,350$61
47 years$14,405$8,249$4,509$2,380$1,225$51
48 years$13,945$7,875$4,237$2,199$1,113$43
49 years$13,504$7,520$3,983$2,032$1,011$36
50 years$13,083$7,184$3,744$1,878$918$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,400,000, adding $4,078 every year, while hoping to spend $21,436 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: 71/20/9 Blend
50$13,400,000$13,400,000$13,400,000$13,400,000
51$14,771,006$14,060,806$13,853,106$15,795,276
52$16,254,841$14,726,978$14,294,378$17,139,369
53$17,889,309$15,425,074$14,749,713$18,607,084
54$19,689,751$16,156,635$15,219,561$20,213,033
55$21,673,074$16,923,279$15,704,385$21,970,828
56$23,857,908$17,726,699$16,204,662$23,895,443
57$26,264,781$18,568,674$16,720,884$26,003,361
58$28,916,316$19,451,067$17,253,562$28,312,719
59$31,837,442$20,375,831$17,803,218$30,843,483
60$35,055,631$21,345,016$18,370,395$33,617,625
61$38,601,154$22,360,771$18,955,652$36,659,335
62$42,507,371$23,425,348$19,559,566$39,995,239
63$46,811,042$24,541,109$20,182,730$43,654,651
64$51,552,677$25,710,532$20,825,761$47,669,844
65$56,776,916$26,936,214$21,489,290$52,076,348
66$62,532,953$28,220,880$22,173,972$56,913,287
67$68,874,996$29,567,385$22,880,483$62,223,736
68$75,862,784$30,978,725$23,609,517$68,055,128
69$83,562,146$32,458,041$24,361,794$74,459,697
70$92,045,626$34,008,626$25,138,055$81,494,962
71$101,393,165$35,633,934$25,939,065$89,224,266
72$111,692,858$37,337,587$26,765,614$97,717,370
73$123,041,783$39,123,383$27,618,516$107,051,103
74$135,546,921$40,995,305$28,498,612$117,310,082
75$149,326,162$42,957,529$29,406,771$128,587,503
76$164,509,419$45,014,437$30,343,886$140,986,018
77$181,239,856$47,170,621$31,310,883$154,618,688
78$199,675,238$49,430,897$32,308,714$169,610,051
79$219,989,420$51,800,318$33,338,363$186,097,288
80$242,373,988$54,284,181$34,400,845$204,231,504
81$267,040,070$56,888,042$35,497,209$224,179,154
82$294,220,326$59,617,725$36,628,534$246,123,598
83$324,171,147$62,479,341$37,795,938$270,266,828
84$357,175,072$65,479,297$39,000,570$296,831,359
85$393,543,460$68,624,313$40,243,620$326,062,325
86$433,619,424$71,921,435$41,526,312$358,229,777
87$477,781,074$75,378,054$42,849,912$393,631,224
88$526,445,084$79,001,920$44,215,725$432,594,429
89$580,070,630$82,801,161$45,625,099$475,480,489
90$639,163,718$86,784,302$47,079,424$522,687,233
91$704,281,967$90,960,282$48,580,134$574,652,961
92$776,039,868$95,338,477$50,128,709$631,860,570
93$855,114,592$99,928,719$51,726,678$694,842,094
94$942,252,375$104,741,321$53,375,616$764,183,717
95$1,038,275,569$109,787,097$55,077,151$840,531,281
96$1,144,090,402$115,077,390$56,832,961$924,596,376
97$1,260,695,536$120,624,096$58,644,778$1,017,163,030
98$1,389,191,493$126,439,689$60,514,391$1,119,095,097
99$1,530,791,046$132,537,254$62,443,643$1,231,344,392
100$1,686,830,666$138,930,513$64,434,439$1,354,959,655