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%17.5%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,035,990
2 years$547,802$537,599$527,712$518,125$508,826$476,317
3 years$361,573$351,327$341,464$331,968$322,820$291,367
4 years$268,478$258,263$248,499$239,164$230,238$200,081
5 years$212,635$202,481$192,845$183,701$175,023$146,244
6 years$175,418$165,341$155,848$146,907$138,490$111,114
7 years$148,845$138,853$129,510$120,780$112,629$86,655
8 years$128,925$119,023$109,835$101,320$93,437$68,848
9 years$113,439$103,631$94,601$86,302$78,687$55,457
10 years$101,058$91,345$82,475$74,393$67,046$45,141
11 years$90,935$81,319$72,610$64,744$57,661$37,044
12 years$82,505$72,988$64,439$56,789$49,968$30,596
13 years$75,377$65,960$57,572$50,137$43,573$25,401
14 years$69,273$59,956$51,729$44,506$38,196$21,176
15 years$63,987$54,771$46,704$39,691$33,631$17,714
16 years$59,367$50,251$42,344$35,539$29,723$14,859
17 years$55,295$46,279$38,532$31,932$26,354$12,494
18 years$51,679$42,764$35,174$28,777$23,433$10,525
19 years$48,447$39,633$32,200$26,002$20,887$8,881
20 years$45,542$36,829$29,552$23,550$18,656$7,503
21 years$42,918$34,305$27,182$21,373$16,695$6,347
22 years$40,535$32,022$25,053$19,433$14,965$5,373
23 years$38,362$29,950$23,132$17,698$13,433$4,553
24 years$36,374$28,061$21,393$16,142$12,074$3,860
25 years$34,547$26,334$19,814$14,742$10,865$3,275
26 years$32,864$24,750$18,376$13,479$9,787$2,780
27 years$31,308$23,292$17,064$12,338$8,824$2,360
28 years$29,866$21,948$15,863$11,304$7,962$2,005
29 years$28,525$20,706$14,762$10,366$7,189$1,704
30 years$27,277$19,554$13,750$9,513$6,496$1,448
31 years$26,111$18,485$12,819$8,737$5,873$1,231
32 years$25,020$17,491$11,960$8,030$5,312$1,046
33 years$23,997$16,564$11,168$7,384$4,808$890
34 years$23,037$15,699$10,434$6,794$4,353$757
35 years$22,134$14,890$9,755$6,254$3,943$644
36 years$21,282$14,133$9,126$5,760$3,572$547
37 years$20,479$13,423$8,542$5,307$3,238$466
38 years$19,720$12,757$7,999$4,892$2,935$396
39 years$19,001$12,130$7,494$4,510$2,662$337
40 years$18,320$11,541$7,024$4,160$2,414$287
41 years$17,674$10,986$6,586$3,838$2,190$244
42 years$17,060$10,463$6,178$3,542$1,987$208
43 years$16,477$9,969$5,798$3,270$1,804$177
44 years$15,921$9,502$5,442$3,019$1,637$150
45 years$15,392$9,061$5,110$2,788$1,486$128
46 years$14,887$8,644$4,799$2,576$1,350$109
47 years$14,405$8,249$4,509$2,380$1,225$93
48 years$13,945$7,875$4,237$2,199$1,113$79
49 years$13,504$7,520$3,983$2,032$1,011$67
50 years$13,083$7,184$3,744$1,878$918$57

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 $4,584 every year, while hoping to spend $35,058 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: 78/13/9 Blend
50$13,400,000$13,400,000$13,400,000$13,400,000
51$14,771,528$14,061,328$13,853,628$15,902,733
52$16,240,923$14,713,032$14,280,424$17,298,075
53$17,859,021$15,395,494$14,720,341$18,823,018
54$19,640,952$16,110,185$15,173,784$20,494,442
55$21,603,391$16,858,645$15,641,167$22,326,928
56$23,764,708$17,642,491$16,122,918$24,336,528
57$26,145,150$18,463,414$16,619,478$26,540,916
58$28,767,025$19,323,191$17,131,300$28,959,552
59$31,654,916$20,223,682$17,658,852$31,613,863
60$34,835,912$21,166,837$18,202,618$34,527,446
61$38,339,863$22,154,700$18,763,095$37,726,284
62$42,199,664$23,189,416$19,340,793$41,238,992
63$46,451,563$24,273,230$19,936,243$45,097,082
64$51,135,502$25,408,498$20,549,987$49,335,260
65$56,295,499$26,597,690$21,182,587$53,991,750
66$61,980,057$27,843,394$21,834,621$59,108,650
67$68,242,626$29,148,323$22,506,683$64,732,330
68$75,142,106$30,515,323$23,199,389$70,913,864
69$82,743,402$31,947,376$23,913,371$77,709,506
70$91,118,041$33,447,609$24,649,280$85,181,225
71$100,344,839$35,019,299$25,407,789$93,397,278
72$110,510,652$36,665,885$26,189,590$102,432,857
73$121,711,194$38,390,968$26,995,396$112,370,791
74$134,051,937$40,198,327$27,825,943$123,302,323
75$147,649,111$42,091,922$28,681,989$135,327,971
76$162,630,799$44,075,905$29,564,314$148,558,470
77$179,138,146$46,154,629$30,473,724$163,115,809
78$197,326,691$48,332,660$31,411,048$179,134,385
79$217,367,836$50,614,783$32,377,140$196,762,260
80$239,450,463$53,006,015$33,372,882$216,162,555
81$263,782,718$55,511,617$34,399,182$237,514,987
82$290,593,974$58,137,106$35,456,973$261,017,556
83$320,136,999$60,888,264$36,547,222$286,888,409
84$352,690,340$63,771,156$37,670,921$315,367,893
85$388,560,952$66,792,139$38,829,094$346,720,817
86$428,087,096$69,957,881$40,022,795$381,238,945
87$471,641,534$73,275,372$41,253,113$419,243,742
88$519,635,046$76,751,940$42,521,168$461,089,402
89$572,520,307$80,395,272$43,828,114$507,166,183
90$630,796,164$84,213,425$45,175,140$557,904,082
91$695,012,339$88,214,850$46,563,474$613,776,888
92$765,774,626$92,408,406$47,994,379$675,306,640
93$843,750,603$96,803,383$49,469,156$743,068,552
94$929,675,940$101,409,524$50,989,148$817,696,429
95$1,024,361,338$106,237,043$52,555,737$899,888,639
96$1,128,700,188$111,296,651$54,170,347$990,414,699
97$1,243,677,002$116,599,582$55,834,449$1,090,122,525
98$1,370,376,706$122,157,612$57,549,553$1,199,946,424
99$1,509,994,887$127,983,091$59,317,220$1,320,915,903
100$1,663,849,075$134,088,972$61,139,056$1,454,165,375