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%12.1%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,082,852
2 years$560,066$549,635$539,526$529,725$520,218$510,538
3 years$369,668$359,193$349,109$339,400$330,048$320,594
4 years$274,488$264,045$254,062$244,518$235,393$226,238
5 years$217,395$207,014$197,163$187,814$178,942$170,113
6 years$179,346$169,043$159,337$150,196$141,591$133,099
7 years$152,178$141,962$132,410$123,484$115,151$107,000
8 years$131,811$121,687$112,294$103,588$95,529$87,718
9 years$115,979$105,951$96,719$88,234$80,449$72,976
10 years$103,321$93,390$84,321$76,059$68,547$61,408
11 years$92,971$83,140$74,235$66,194$58,952$52,142
12 years$84,352$74,622$65,882$58,061$51,087$44,598
13 years$77,065$67,437$58,861$51,259$44,549$38,374
14 years$70,824$61,298$52,887$45,502$39,051$33,183
15 years$65,420$55,997$47,750$40,580$34,384$28,814
16 years$60,696$51,376$43,292$36,335$30,388$25,108
17 years$56,533$47,315$39,394$32,647$26,945$21,944
18 years$52,836$43,721$35,962$29,421$23,958$19,227
19 years$49,532$40,521$32,921$26,584$21,354$16,885
20 years$46,562$37,654$30,214$24,077$19,074$14,855
21 years$43,878$35,073$27,791$21,852$17,069$13,092
22 years$41,442$32,739$25,613$19,868$15,300$11,554
23 years$39,221$30,620$23,649$18,094$13,734$10,210
24 years$37,188$28,689$21,872$16,503$12,345$9,032
25 years$35,321$26,924$20,258$15,072$11,108$7,997
26 years$33,600$25,304$18,788$13,781$10,006$7,087
27 years$32,009$23,814$17,446$12,614$9,021$6,286
28 years$30,534$22,440$16,219$11,557$8,140$5,578
29 years$29,164$21,169$15,093$10,598$7,350$4,953
30 years$27,887$19,992$14,058$9,726$6,641$4,401
31 years$26,695$18,899$13,106$8,933$6,004$3,912
32 years$25,580$17,882$12,228$8,210$5,431$3,478
33 years$24,535$16,935$11,418$7,549$4,915$3,094
34 years$23,553$16,051$10,668$6,946$4,450$2,753
35 years$22,629$15,224$9,974$6,394$4,031$2,450
36 years$21,759$14,449$9,330$5,889$3,652$2,181
37 years$20,937$13,724$8,733$5,426$3,310$1,942
38 years$20,161$13,042$8,178$5,001$3,001$1,730
39 years$19,426$12,402$7,662$4,611$2,721$1,541
40 years$18,730$11,800$7,182$4,253$2,468$1,373
41 years$18,070$11,232$6,734$3,924$2,239$1,223
42 years$17,442$10,697$6,317$3,622$2,032$1,090
43 years$16,845$10,192$5,927$3,343$1,844$972
44 years$16,278$9,715$5,564$3,087$1,674$866
45 years$15,736$9,264$5,224$2,851$1,520$772
46 years$15,220$8,838$4,907$2,633$1,380$688
47 years$14,728$8,434$4,610$2,433$1,253$614
48 years$14,257$8,051$4,332$2,248$1,138$547
49 years$13,807$7,689$4,072$2,078$1,033$488
50 years$13,376$7,344$3,828$1,920$939$435

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 $2,209 every year, while hoping to spend $22,645 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: 48/26/26 Blend
50$13,700,000$13,700,000$13,700,000$13,700,000
51$15,099,679$14,373,579$14,161,229$15,712,479
52$16,615,752$15,053,790$14,611,536$16,822,801
53$18,285,705$15,766,572$15,076,169$18,025,449
54$20,125,211$16,513,499$15,555,585$19,331,070
55$22,151,539$17,296,217$16,050,253$20,749,374
56$24,383,720$18,116,455$16,560,660$22,291,030
57$26,842,724$18,976,025$17,087,307$23,967,760
58$29,551,660$19,876,829$17,630,710$25,792,444
59$32,535,993$20,820,857$18,191,402$27,779,239
60$35,823,785$21,810,200$18,769,935$29,943,707
61$39,445,959$22,847,048$19,366,876$32,302,955
62$43,436,592$23,933,698$19,982,812$34,875,791
63$47,833,234$25,072,559$20,618,346$37,682,899
64$52,677,267$26,266,157$21,274,103$40,747,024
65$58,014,289$27,517,140$21,950,726$44,093,182
66$63,894,552$28,828,285$22,648,881$47,748,888
67$70,373,430$30,202,505$23,369,252$51,744,414
68$77,511,945$31,642,853$24,112,547$56,113,059
69$85,377,342$33,152,532$24,879,496$60,891,464
70$94,043,724$34,734,898$25,670,852$66,119,944
71$103,592,750$36,393,475$26,487,392$71,842,863
72$114,114,408$38,131,953$27,329,918$78,109,043
73$125,707,865$39,954,206$28,199,257$84,972,219
74$138,482,399$41,864,293$29,096,264$92,491,530
75$152,558,433$43,866,473$30,021,818$100,732,075
76$168,068,674$45,965,211$30,976,830$109,765,513
77$185,159,362$48,165,190$31,962,237$119,670,726
78$203,991,652$50,471,319$32,979,007$130,534,560
79$224,743,136$52,888,749$34,028,139$142,452,627
80$247,609,517$55,422,880$35,110,663$155,530,196
81$272,806,461$58,079,374$36,227,644$169,883,174
82$300,571,628$60,864,171$37,380,177$185,639,191
83$331,166,917$63,783,498$38,569,396$202,938,783
84$364,880,940$66,843,888$39,796,469$221,936,710
85$402,031,747$70,052,189$41,062,601$242,803,399
86$442,969,824$73,415,584$42,369,037$265,726,538
87$488,081,405$76,941,608$43,717,060$290,912,829
88$537,792,121$80,638,159$45,107,994$318,589,922
89$592,571,012$84,513,524$46,543,206$349,008,551
90$652,934,959$88,576,390$48,024,107$382,444,871
91$719,453,562$92,835,871$49,552,152$419,203,057
92$792,754,519$97,301,521$51,128,843$459,618,144
93$873,529,549$101,983,365$52,755,728$504,059,175
94$962,540,925$106,891,912$54,434,407$552,932,659
95$1,060,628,670$112,038,186$56,166,530$606,686,382
96$1,168,718,485$117,433,747$57,953,799$665,813,616
97$1,287,830,489$123,090,721$59,797,971$730,857,741
98$1,419,088,854$129,021,821$61,700,858$802,417,355
99$1,563,732,412$135,240,384$63,664,331$881,151,889
100$1,723,126,351$141,760,397$65,690,319$967,787,809