Can I retire at age 51 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,060,462
2 years$560,066$549,635$539,526$529,725$520,218$488,242
3 years$369,668$359,193$349,109$339,400$330,048$299,094
4 years$274,488$264,045$254,062$244,518$235,393$205,698
5 years$217,395$207,014$197,163$187,814$178,942$150,588
6 years$179,346$169,043$159,337$150,196$141,591$114,602
7 years$152,178$141,962$132,410$123,484$115,151$89,528
8 years$131,811$121,687$112,294$103,588$95,529$71,256
9 years$115,979$105,951$96,719$88,234$80,449$57,502
10 years$103,321$93,390$84,321$76,059$68,547$46,894
11 years$92,971$83,140$74,235$66,194$58,952$38,557
12 years$84,352$74,622$65,882$58,061$51,087$31,909
13 years$77,065$67,437$58,861$51,259$44,549$26,544
14 years$70,824$61,298$52,887$45,502$39,051$22,175
15 years$65,420$55,997$47,750$40,580$34,384$18,589
16 years$60,696$51,376$43,292$36,335$30,388$15,627
17 years$56,533$47,315$39,394$32,647$26,945$13,168
18 years$52,836$43,721$35,962$29,421$23,958$11,118
19 years$49,532$40,521$32,921$26,584$21,354$9,402
20 years$46,562$37,654$30,214$24,077$19,074$7,962
21 years$43,878$35,073$27,791$21,852$17,069$6,750
22 years$41,442$32,739$25,613$19,868$15,300$5,729
23 years$39,221$30,620$23,649$18,094$13,734$4,865
24 years$37,188$28,689$21,872$16,503$12,345$4,135
25 years$35,321$26,924$20,258$15,072$11,108$3,517
26 years$33,600$25,304$18,788$13,781$10,006$2,992
27 years$32,009$23,814$17,446$12,614$9,021$2,547
28 years$30,534$22,440$16,219$11,557$8,140$2,169
29 years$29,164$21,169$15,093$10,598$7,350$1,847
30 years$27,887$19,992$14,058$9,726$6,641$1,574
31 years$26,695$18,899$13,106$8,933$6,004$1,341
32 years$25,580$17,882$12,228$8,210$5,431$1,143
33 years$24,535$16,935$11,418$7,549$4,915$974
34 years$23,553$16,051$10,668$6,946$4,450$831
35 years$22,629$15,224$9,974$6,394$4,031$708
36 years$21,759$14,449$9,330$5,889$3,652$604
37 years$20,937$13,724$8,733$5,426$3,310$515
38 years$20,161$13,042$8,178$5,001$3,001$439
39 years$19,426$12,402$7,662$4,611$2,721$375
40 years$18,730$11,800$7,182$4,253$2,468$320
41 years$18,070$11,232$6,734$3,924$2,239$273
42 years$17,442$10,697$6,317$3,622$2,032$233
43 years$16,845$10,192$5,927$3,343$1,844$198
44 years$16,278$9,715$5,564$3,087$1,674$169
45 years$15,736$9,264$5,224$2,851$1,520$144
46 years$15,220$8,838$4,907$2,633$1,380$123
47 years$14,728$8,434$4,610$2,433$1,253$105
48 years$14,257$8,051$4,332$2,248$1,138$90
49 years$13,807$7,689$4,072$2,078$1,033$77
50 years$13,376$7,344$3,828$1,920$939$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,700,000, adding $3,695 every year, while hoping to spend $41,155 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: 63/15/22 Blend
50$13,700,000$13,700,000$13,700,000$13,700,000
51$15,101,211$14,375,111$14,162,761$15,965,977
52$16,597,746$15,035,703$14,593,425$17,210,585
53$18,245,549$15,727,285$15,037,137$18,564,404
54$20,060,004$16,451,331$15,494,290$20,042,092
55$22,058,066$17,209,388$15,965,291$21,655,754
56$24,258,416$18,003,076$16,450,556$23,418,710
57$26,681,641$18,834,093$16,950,516$25,345,618
58$29,350,424$19,704,219$17,465,614$27,452,607
59$32,289,761$20,615,320$17,996,306$29,757,427
60$35,527,197$21,569,351$18,543,063$32,279,618
61$39,093,084$22,568,361$19,106,368$35,040,683
62$43,020,868$23,614,500$19,686,720$38,064,295
63$47,347,405$24,710,019$20,284,633$41,376,512
64$52,113,308$25,857,278$20,900,637$45,006,024
65$57,363,332$27,058,752$21,535,275$48,984,413
66$63,146,795$28,317,033$22,189,109$53,346,456
67$69,518,041$29,634,841$22,862,718$58,130,441
68$76,536,958$31,015,025$23,556,696$63,378,529
69$84,269,539$32,460,572$24,271,656$69,137,147
70$92,788,506$33,974,615$25,008,231$75,457,420
71$102,173,998$35,560,435$25,767,070$82,395,647
72$112,514,323$37,221,473$26,548,844$90,013,834
73$123,906,796$38,961,338$27,354,243$98,380,266
74$136,458,656$40,783,810$28,183,977$107,570,152
75$150,288,077$42,692,855$29,038,778$117,666,326
76$165,525,284$44,692,628$29,919,400$128,760,023
77$182,313,782$46,787,486$30,826,620$140,951,735
78$200,811,713$48,981,997$31,761,236$154,352,155
79$221,193,342$51,280,950$32,724,072$169,083,209
80$243,650,711$53,689,365$33,715,977$185,279,208
81$268,395,445$56,212,505$34,737,823$203,088,100
82$295,660,751$58,855,888$35,790,511$222,672,865
83$325,703,621$61,625,300$36,874,966$244,213,043
84$358,807,256$64,526,805$37,992,143$267,906,422
85$395,283,740$67,566,763$39,143,024$293,970,893
86$435,476,988$70,751,840$40,328,622$322,646,501
87$479,765,987$74,089,026$41,549,977$354,197,701
88$528,568,380$77,585,651$42,808,164$388,915,840
89$582,344,404$81,249,398$44,104,287$427,121,906
90$641,601,238$85,088,323$45,439,485$469,169,537
91$706,897,786$89,110,872$46,814,929$515,448,356
92$778,849,959$93,325,903$48,231,828$566,387,632
93$858,136,484$97,742,702$49,691,423$622,460,323
94$945,505,315$102,371,004$51,194,996$684,187,527
95$1,041,780,693$107,221,019$52,743,864$752,143,387
96$1,147,870,925$112,303,450$54,339,385$826,960,499
97$1,264,776,962$117,629,522$55,982,956$909,335,867
98$1,393,601,845$123,211,002$57,676,019$1,000,037,468
99$1,535,561,122$129,060,229$59,420,054$1,099,911,486
100$1,691,994,319$135,190,144$61,216,589$1,209,890,286