Can I retire at age 51 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,056,770
2 years$564,154$553,647$543,464$533,591$524,015$480,569
3 years$372,367$361,815$351,657$341,877$332,457$290,593
4 years$276,492$265,972$255,917$246,303$237,111$197,148
5 years$218,982$208,525$198,602$189,185$180,248$142,288
6 years$180,655$170,277$160,500$151,292$142,624$106,691
7 years$153,289$142,998$133,376$124,386$115,992$82,073
8 years$132,774$122,576$113,113$104,344$96,226$64,287
9 years$116,826$106,724$97,425$88,878$81,036$51,028
10 years$104,075$94,072$84,937$76,614$69,047$40,911
11 years$93,649$83,747$74,777$66,677$59,383$33,054
12 years$84,967$75,167$66,363$58,485$51,460$26,867
13 years$77,627$67,929$59,291$51,633$44,874$21,943
14 years$71,341$61,745$53,273$45,834$39,336$17,989
15 years$65,897$56,405$48,098$40,876$34,635$14,793
16 years$61,139$51,751$43,608$36,600$30,610$12,196
17 years$56,945$47,661$39,682$32,885$27,141$10,075
18 years$53,221$44,041$36,224$29,636$24,133$8,336
19 years$49,893$40,816$33,162$26,779$21,510$6,907
20 years$46,902$37,929$30,434$24,253$19,213$5,730
21 years$44,199$35,329$27,994$22,011$17,194$4,757
22 years$41,745$32,978$25,800$20,013$15,412$3,953
23 years$39,507$30,844$23,822$18,226$13,834$3,286
24 years$37,460$28,899$22,031$16,624$12,435$2,734
25 years$35,579$27,120$20,405$15,182$11,189$2,275
26 years$33,845$25,489$18,925$13,881$10,079$1,894
27 years$32,243$23,988$17,574$12,706$9,087$1,577
28 years$30,757$22,603$16,337$11,641$8,199$1,314
29 years$29,377$21,324$15,203$10,675$7,404$1,095
30 years$28,091$20,138$14,161$9,797$6,690$912
31 years$26,890$19,037$13,202$8,998$6,048$760
32 years$25,767$18,013$12,318$8,269$5,471$634
33 years$24,714$17,059$11,501$7,604$4,951$528
34 years$23,725$16,168$10,746$6,997$4,483$440
35 years$22,794$15,335$10,047$6,441$4,060$367
36 years$21,918$14,555$9,398$5,932$3,679$306
37 years$21,090$13,824$8,797$5,465$3,334$255
38 years$20,308$13,138$8,238$5,038$3,023$213
39 years$19,568$12,493$7,718$4,645$2,741$178
40 years$18,867$11,886$7,234$4,284$2,486$148
41 years$18,201$11,314$6,783$3,953$2,256$123
42 years$17,569$10,775$6,363$3,648$2,047$103
43 years$16,968$10,266$5,971$3,367$1,858$86
44 years$16,396$9,786$5,604$3,109$1,686$72
45 years$15,851$9,332$5,262$2,872$1,531$60
46 years$15,331$8,902$4,943$2,652$1,390$50
47 years$14,835$8,496$4,643$2,451$1,262$42
48 years$14,361$8,110$4,364$2,264$1,146$35
49 years$13,908$7,745$4,101$2,093$1,041$29
50 years$13,474$7,398$3,856$1,934$945$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,800,000, adding $6,112 every year, while hoping to spend $21,570 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: 41/32/27 Blend
50$13,800,000$13,800,000$13,800,000$13,800,000
51$15,213,905$14,482,505$14,268,605$15,716,597
52$16,742,772$15,169,197$14,723,652$16,766,804
53$18,426,862$15,888,814$15,193,222$17,900,350
54$20,281,983$16,642,947$15,677,776$19,126,940
55$22,325,557$17,433,264$16,177,793$20,455,139
56$24,576,782$18,261,512$16,693,767$21,894,347
57$27,056,814$19,129,526$17,226,209$23,454,880
58$29,788,965$20,039,229$17,775,642$25,148,062
59$32,798,924$20,992,636$18,342,611$26,986,330
60$36,115,002$21,991,862$18,927,676$28,983,339
61$39,768,392$23,039,123$19,531,413$31,154,090
62$43,793,472$24,136,745$20,154,420$33,515,062
63$48,228,125$25,287,164$20,797,312$36,084,361
64$53,114,096$26,492,937$21,460,724$38,881,883
65$58,497,387$27,756,744$22,145,311$41,929,497
66$64,428,692$29,081,395$22,851,750$45,251,238
67$70,963,873$30,469,839$23,580,739$48,873,532
68$78,164,492$31,925,165$24,332,997$52,825,430
69$86,098,387$33,450,614$25,109,269$57,138,879
70$94,840,314$35,049,586$25,910,321$61,849,010
71$104,472,654$36,725,644$26,736,945$66,994,463
72$115,086,190$38,482,526$27,589,958$72,617,736
73$126,780,962$40,324,150$28,470,202$78,765,582
74$139,667,214$42,254,628$29,378,548$85,489,433
75$153,866,434$44,278,268$30,315,894$92,845,877
76$169,512,499$46,399,592$31,283,165$100,897,178
77$186,752,940$48,623,339$32,281,317$109,711,852
78$205,750,337$50,954,480$33,311,338$119,365,300
79$226,683,850$53,398,227$34,374,246$129,940,504
80$249,750,910$55,960,047$35,471,091$141,528,795
81$275,169,087$58,645,675$36,602,957$154,230,703
82$303,178,142$61,461,120$37,770,964$168,156,888
83$334,042,287$64,412,690$38,976,266$183,429,164
84$368,052,684$67,506,996$40,220,055$200,181,637
85$405,530,191$70,750,972$41,503,560$218,561,948
86$446,828,393$74,151,891$42,828,051$238,732,648
87$492,336,935$77,717,380$44,194,837$260,872,715
88$542,485,209$81,455,438$45,605,270$285,179,215
89$597,746,398$85,374,452$47,060,745$311,869,150
90$658,641,951$89,483,221$48,562,700$341,181,475
91$725,746,501$93,790,970$50,112,622$373,379,333
92$799,693,292$98,307,376$51,712,043$408,752,511
93$881,180,157$103,042,585$53,362,544$447,620,151
94$970,976,103$108,007,242$55,065,760$490,333,737
95$1,069,928,576$113,212,508$56,823,373$537,280,377
96$1,178,971,458$118,670,088$58,637,123$588,886,433
97$1,299,133,884$124,392,259$60,508,805$645,621,511
98$1,431,549,958$130,391,899$62,440,268$708,002,860
99$1,577,469,462$136,682,510$64,433,425$776,600,223
100$1,738,269,649$143,278,255$66,490,247$852,041,176