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%12.5%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,057,376
2 years$547,802$537,599$527,712$518,125$508,826$497,589
3 years$361,573$351,327$341,464$331,968$322,820$311,853
4 years$268,478$258,263$248,499$239,164$230,238$219,625
5 years$212,635$202,481$192,845$183,701$175,023$164,796
6 years$175,418$165,341$155,848$146,907$138,490$128,661
7 years$148,845$138,853$129,510$120,780$112,629$103,203
8 years$128,925$119,023$109,835$101,320$93,437$84,413
9 years$113,439$103,631$94,601$86,302$78,687$70,062
10 years$101,058$91,345$82,475$74,393$67,046$58,813
11 years$90,935$81,319$72,610$64,744$57,661$49,815
12 years$82,505$72,988$64,439$56,789$49,968$42,501
13 years$75,377$65,960$57,572$50,137$43,573$36,475
14 years$69,273$59,956$51,729$44,506$38,196$31,458
15 years$63,987$54,771$46,704$39,691$33,631$27,242
16 years$59,367$50,251$42,344$35,539$29,723$23,673
17 years$55,295$46,279$38,532$31,932$26,354$20,632
18 years$51,679$42,764$35,174$28,777$23,433$18,027
19 years$48,447$39,633$32,200$26,002$20,887$15,785
20 years$45,542$36,829$29,552$23,550$18,656$13,847
21 years$42,918$34,305$27,182$21,373$16,695$12,167
22 years$40,535$32,022$25,053$19,433$14,965$10,706
23 years$38,362$29,950$23,132$17,698$13,433$9,431
24 years$36,374$28,061$21,393$16,142$12,074$8,317
25 years$34,547$26,334$19,814$14,742$10,865$7,342
26 years$32,864$24,750$18,376$13,479$9,787$6,486
27 years$31,308$23,292$17,064$12,338$8,824$5,734
28 years$29,866$21,948$15,863$11,304$7,962$5,073
29 years$28,525$20,706$14,762$10,366$7,189$4,490
30 years$27,277$19,554$13,750$9,513$6,496$3,976
31 years$26,111$18,485$12,819$8,737$5,873$3,522
32 years$25,020$17,491$11,960$8,030$5,312$3,122
33 years$23,997$16,564$11,168$7,384$4,808$2,768
34 years$23,037$15,699$10,434$6,794$4,353$2,454
35 years$22,134$14,890$9,755$6,254$3,943$2,177
36 years$21,282$14,133$9,126$5,760$3,572$1,932
37 years$20,479$13,423$8,542$5,307$3,238$1,714
38 years$19,720$12,757$7,999$4,892$2,935$1,522
39 years$19,001$12,130$7,494$4,510$2,662$1,351
40 years$18,320$11,541$7,024$4,160$2,414$1,199
41 years$17,674$10,986$6,586$3,838$2,190$1,065
42 years$17,060$10,463$6,178$3,542$1,987$946
43 years$16,477$9,969$5,798$3,270$1,804$840
44 years$15,921$9,502$5,442$3,019$1,637$746
45 years$15,392$9,061$5,110$2,788$1,486$663
46 years$14,887$8,644$4,799$2,576$1,350$589
47 years$14,405$8,249$4,509$2,380$1,225$523
48 years$13,945$7,875$4,237$2,199$1,113$465
49 years$13,504$7,520$3,983$2,032$1,011$413
50 years$13,083$7,184$3,744$1,878$918$367

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 $5,660 every year, while hoping to spend $47,387 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: 30/43/27 Blend
50$13,400,000$13,400,000$13,400,000$13,400,000
51$14,772,638$14,062,438$13,854,738$15,092,719
52$16,229,028$14,701,078$14,268,453$15,981,134
53$17,832,381$15,369,424$14,694,438$16,931,638
54$19,597,638$16,068,879$15,133,056$17,953,229
55$21,541,262$16,800,919$15,584,678$19,052,118
56$23,681,392$17,567,085$16,049,686$20,235,103
57$26,038,017$18,368,996$16,528,473$21,509,634
58$28,633,163$19,208,345$17,021,446$22,883,869
59$31,491,101$20,086,909$17,529,020$24,366,749
60$34,638,576$21,006,550$18,051,624$25,968,077
61$38,105,058$21,969,218$18,589,701$27,698,597
62$41,923,021$22,976,957$19,143,703$29,570,096
63$46,128,250$24,031,910$19,714,098$31,595,499
64$50,760,180$25,136,321$20,301,368$33,788,992
65$55,862,261$26,292,544$20,906,007$36,166,139
66$61,482,378$27,503,045$21,528,525$38,744,026
67$67,673,296$28,770,409$22,169,445$41,541,407
68$74,493,157$30,097,344$22,829,308$44,578,879
69$82,006,036$31,486,691$23,508,666$47,879,060
70$90,282,538$32,941,425$24,208,093$51,466,793
71$99,400,468$34,464,666$24,928,175$55,369,372
72$109,445,563$36,059,682$25,669,516$59,616,786
73$120,512,305$37,729,901$26,432,739$64,241,990
74$132,704,808$39,478,914$27,218,484$69,281,202
75$146,137,805$41,310,487$28,027,409$74,774,235
76$160,937,726$43,228,566$28,860,193$80,764,858
77$177,243,895$45,237,287$29,717,531$87,301,190
78$195,209,846$47,340,987$30,600,141$94,436,147
79$215,004,766$49,544,211$31,508,761$102,227,918
80$236,815,099$51,851,724$32,444,151$110,740,502
81$260,846,300$54,268,521$33,407,092$120,044,295
82$287,324,781$56,799,836$34,398,388$130,216,734
83$316,500,039$59,451,158$35,418,864$141,343,010
84$348,647,020$62,228,242$36,469,373$153,516,853
85$384,068,708$65,137,118$37,550,789$166,841,393
86$423,098,988$68,184,109$38,664,013$181,430,118
87$466,105,798$71,375,844$39,809,971$197,407,916
88$513,494,601$74,719,271$40,989,615$214,912,233
89$565,712,210$78,221,675$42,203,928$234,094,347
90$623,251,013$81,890,694$43,453,916$255,120,766
91$686,653,612$85,734,334$44,740,618$278,174,777
92$756,517,952$89,760,988$46,065,101$303,458,144
93$833,502,964$93,979,458$47,428,462$331,192,987
94$918,334,783$98,398,967$48,831,832$361,623,842
95$1,011,813,604$103,029,191$50,276,372$395,019,941
96$1,114,821,239$107,880,268$51,763,278$431,677,720
97$1,228,329,435$112,962,831$53,293,778$471,923,578
98$1,353,409,055$118,288,028$54,869,137$516,116,922
99$1,491,240,183$123,867,545$56,490,657$564,653,524
100$1,643,123,262$129,713,635$58,159,674$617,969,211