Can I retire at age 51 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,058,675
2 years$551,890$541,611$531,650$521,992$512,623$494,708
3 years$364,272$353,949$344,013$334,445$325,229$307,790
4 years$270,481$260,190$250,353$240,949$231,956$215,128
5 years$214,222$203,992$194,284$185,072$176,329$160,160
6 years$176,727$166,575$157,011$148,003$139,524$124,032
7 years$149,956$139,889$130,477$121,682$113,470$98,660
8 years$129,887$119,911$110,654$102,076$94,134$80,004
9 years$114,286$104,404$95,307$86,946$79,275$65,816
10 years$101,812$92,027$83,091$74,948$67,546$54,748
11 years$91,613$81,926$73,152$65,227$58,092$45,940
12 years$83,120$73,533$64,920$57,213$50,341$38,821
13 years$75,940$66,452$58,002$50,511$43,898$32,992
14 years$69,790$60,403$52,115$44,838$38,481$28,170
15 years$64,465$55,179$47,053$39,987$33,882$24,147
16 years$59,810$50,626$42,660$35,804$29,945$20,766
17 years$55,707$46,625$38,819$32,170$26,551$17,908
18 years$52,064$43,083$35,437$28,992$23,608$15,479
19 years$48,809$39,929$32,441$26,196$21,042$13,406
20 years$45,882$37,104$29,772$23,726$18,795$11,631
21 years$43,238$34,561$27,385$21,533$16,820$10,105
22 years$40,837$32,261$25,239$19,578$15,077$8,790
23 years$38,649$30,173$23,304$17,830$13,534$7,655
24 years$36,645$28,271$21,552$16,262$12,164$6,673
25 years$34,805$26,531$19,962$14,852$10,946$5,821
26 years$33,109$24,934$18,514$13,580$9,860$5,082
27 years$31,542$23,466$17,192$12,430$8,889$4,439
28 years$30,089$22,112$15,982$11,388$8,021$3,880
29 years$28,738$20,860$14,872$10,443$7,243$3,392
30 years$27,480$19,700$13,853$9,584$6,544$2,967
31 years$26,306$18,623$12,915$8,802$5,917$2,596
32 years$25,207$17,621$12,050$8,090$5,352$2,273
33 years$24,177$16,688$11,251$7,439$4,844$1,990
34 years$23,209$15,816$10,512$6,845$4,385$1,743
35 years$22,299$15,001$9,828$6,301$3,972$1,526
36 years$21,441$14,239$9,194$5,803$3,599$1,337
37 years$20,632$13,523$8,605$5,347$3,262$1,172
38 years$19,867$12,852$8,059$4,928$2,957$1,027
39 years$19,143$12,221$7,550$4,544$2,682$900
40 years$18,457$11,627$7,077$4,191$2,432$789
41 years$17,806$11,068$6,636$3,867$2,207$692
42 years$17,187$10,541$6,224$3,569$2,002$606
43 years$16,600$10,043$5,841$3,294$1,817$532
44 years$16,040$9,573$5,483$3,042$1,649$466
45 years$15,507$9,129$5,148$2,809$1,497$409
46 years$14,998$8,709$4,835$2,595$1,360$358
47 years$14,513$8,311$4,543$2,397$1,235$314
48 years$14,049$7,934$4,269$2,215$1,121$276
49 years$13,605$7,576$4,012$2,047$1,018$242
50 years$13,181$7,237$3,772$1,892$925$212

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,500,000, adding $4,797 every year, while hoping to spend $31,778 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: 37/41/22 Blend
50$13,500,000$13,500,000$13,500,000$13,500,000
51$14,881,948$14,166,448$13,957,198$15,333,939
52$16,366,095$14,826,793$14,390,953$16,324,242
53$18,000,560$15,518,429$14,838,173$17,389,899
54$19,800,642$16,242,857$15,299,277$18,540,346
55$21,783,199$17,001,648$15,774,694$19,783,232
56$23,966,808$17,796,451$16,264,869$21,126,941
57$26,371,940$18,628,994$16,770,259$22,580,667
58$29,021,151$19,501,088$17,291,336$24,154,493
59$31,939,298$20,414,632$17,828,586$25,859,483
60$35,153,774$21,371,616$18,382,510$27,707,775
61$38,694,761$22,374,127$18,953,626$29,712,690
62$42,595,520$23,424,353$19,542,467$31,888,854
63$46,892,705$24,524,588$20,149,581$34,252,323
64$51,626,705$25,677,237$20,775,536$36,820,727
65$56,842,027$26,884,820$21,420,915$39,613,433
66$62,587,718$28,149,980$22,086,319$42,651,711
67$68,917,825$29,475,489$22,772,371$45,958,932
68$75,891,908$30,864,253$23,479,710$49,560,776
69$83,575,597$32,319,316$24,208,995$53,485,463
70$92,041,219$33,843,873$24,960,907$57,764,012
71$101,368,472$35,441,272$25,736,146$62,430,519
72$111,645,185$37,115,023$26,535,436$67,522,469
73$122,968,143$38,868,808$27,359,522$73,081,079
74$135,443,999$40,706,485$28,209,172$79,151,669
75$149,190,286$42,632,102$29,085,178$85,784,083
76$164,336,520$44,649,900$29,988,357$93,033,141
77$181,025,428$46,764,328$30,919,550$100,959,143
78$199,414,292$48,980,051$31,879,625$109,628,421
79$219,676,435$51,301,958$32,869,478$119,113,955
80$242,002,856$53,735,178$33,890,029$129,496,037
81$266,604,033$56,285,088$34,942,232$140,863,017
82$293,711,913$58,957,326$36,027,065$153,312,115
83$323,582,096$61,757,803$37,145,539$166,950,324
84$356,496,252$64,692,717$38,298,697$181,895,394
85$392,764,778$67,768,569$39,487,611$198,276,927
86$432,729,730$70,992,173$40,713,391$216,237,576
87$476,768,050$74,370,677$41,977,177$235,934,368
88$525,295,125$77,911,575$43,280,147$257,540,163
89$578,768,709$81,622,723$44,623,513$281,245,263
90$637,693,243$85,512,362$46,008,526$307,259,177
91$702,624,619$89,589,133$47,436,477$335,812,573
92$774,175,424$93,862,095$48,908,693$367,159,428
93$853,020,730$98,340,750$50,426,547$401,579,392
94$939,904,458$103,035,060$51,991,450$439,380,398
95$1,035,646,408$107,955,473$53,604,859$480,901,538
96$1,141,149,996$113,112,945$55,268,275$526,516,223
97$1,257,410,780$118,518,965$56,983,247$576,635,675
98$1,385,525,864$124,185,579$58,751,371$631,712,772
99$1,526,704,252$130,125,421$60,574,291$692,246,281
100$1,682,278,259$136,351,740$62,453,703$758,785,525