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%12.6%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,088,486
2 years$564,154$553,647$543,464$533,591$524,015$511,988
3 years$372,367$361,815$351,657$341,877$332,457$320,721
4 years$276,492$265,972$255,917$246,303$237,111$225,757
5 years$218,982$208,525$198,602$189,185$180,248$169,308
6 years$180,655$170,277$160,500$151,292$142,624$132,113
7 years$153,289$142,998$133,376$124,386$115,992$105,913
8 years$132,774$122,576$113,113$104,344$96,226$86,579
9 years$116,826$106,724$97,425$88,878$81,036$71,818
10 years$104,075$94,072$84,937$76,614$69,047$60,251
11 years$93,649$83,747$74,777$66,677$59,383$51,002
12 years$84,967$75,167$66,363$58,485$51,460$43,485
13 years$77,627$67,929$59,291$51,633$44,874$37,296
14 years$71,341$61,745$53,273$45,834$39,336$32,144
15 years$65,897$56,405$48,098$40,876$34,635$27,818
16 years$61,139$51,751$43,608$36,600$30,610$24,157
17 years$56,945$47,661$39,682$32,885$27,141$21,039
18 years$53,221$44,041$36,224$29,636$24,133$18,369
19 years$49,893$40,816$33,162$26,779$21,510$16,073
20 years$46,902$37,929$30,434$24,253$19,213$14,089
21 years$44,199$35,329$27,994$22,011$17,194$12,371
22 years$41,745$32,978$25,800$20,013$15,412$10,877
23 years$39,507$30,844$23,822$18,226$13,834$9,575
24 years$37,460$28,899$22,031$16,624$12,435$8,437
25 years$35,579$27,120$20,405$15,182$11,189$7,442
26 years$33,845$25,489$18,925$13,881$10,079$6,569
27 years$32,243$23,988$17,574$12,706$9,087$5,803
28 years$30,757$22,603$16,337$11,641$8,199$5,129
29 years$29,377$21,324$15,203$10,675$7,404$4,536
30 years$28,091$20,138$14,161$9,797$6,690$4,014
31 years$26,890$19,037$13,202$8,998$6,048$3,553
32 years$25,767$18,013$12,318$8,269$5,471$3,146
33 years$24,714$17,059$11,501$7,604$4,951$2,787
34 years$23,725$16,168$10,746$6,997$4,483$2,470
35 years$22,794$15,335$10,047$6,441$4,060$2,189
36 years$21,918$14,555$9,398$5,932$3,679$1,940
37 years$21,090$13,824$8,797$5,465$3,334$1,721
38 years$20,308$13,138$8,238$5,038$3,023$1,526
39 years$19,568$12,493$7,718$4,645$2,741$1,354
40 years$18,867$11,886$7,234$4,284$2,486$1,201
41 years$18,201$11,314$6,783$3,953$2,256$1,065
42 years$17,569$10,775$6,363$3,648$2,047$945
43 years$16,968$10,266$5,971$3,367$1,858$839
44 years$16,396$9,786$5,604$3,109$1,686$744
45 years$15,851$9,332$5,262$2,872$1,531$661
46 years$15,331$8,902$4,943$2,652$1,390$587
47 years$14,835$8,496$4,643$2,451$1,262$521
48 years$14,361$8,110$4,364$2,264$1,146$462
49 years$13,908$7,745$4,101$2,093$1,041$410
50 years$13,474$7,398$3,856$1,934$945$364

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 $2,950 every year, while hoping to spend $21,506 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: 26/45/29 Blend
50$13,800,000$13,800,000$13,800,000$13,800,000
51$15,210,643$14,479,243$14,265,343$15,468,440
52$16,739,246$15,165,844$14,720,350$16,368,409
53$18,423,046$15,885,367$15,189,878$17,331,269
54$20,277,851$16,639,403$15,674,393$18,363,910
55$22,321,078$17,429,621$16,174,372$19,472,253
56$24,571,923$18,257,768$16,690,309$20,662,772
57$27,051,539$19,125,678$17,222,713$21,942,546
58$29,783,234$20,035,274$17,772,112$23,319,318
59$32,792,693$20,988,572$18,339,047$24,801,563
60$36,108,222$21,987,686$18,924,080$26,398,555
61$39,761,011$23,034,833$19,527,787$28,120,451
62$43,785,432$24,132,337$20,150,765$29,978,377
63$48,219,360$25,282,636$20,793,630$31,984,518
64$53,104,536$26,488,286$21,457,017$34,152,232
65$58,486,953$27,751,967$22,141,582$36,496,158
66$64,417,299$29,076,490$22,848,002$39,032,349
67$70,951,427$30,464,801$23,576,973$41,778,408
68$78,150,888$31,919,992$24,329,217$44,753,647
69$86,083,511$33,445,304$25,105,478$47,979,251
70$94,824,039$35,044,134$25,906,522$51,478,471
71$104,454,842$36,720,048$26,733,142$55,276,828
72$115,066,688$38,476,782$27,586,154$59,402,336
73$126,759,601$40,318,255$28,466,401$63,885,759
74$139,643,810$42,248,579$29,374,755$68,760,879
75$153,840,781$44,272,062$30,312,112$74,064,804
76$169,484,373$46,393,225$31,279,399$79,838,297
77$186,722,093$48,616,807$32,277,574$86,126,147
78$205,716,496$50,947,780$33,307,622$92,977,571
79$226,646,714$53,391,357$34,370,562$100,446,661
80$249,710,149$55,953,003$35,467,446$108,592,871
81$275,124,336$58,638,453$36,599,358$117,481,561
82$303,128,998$61,453,717$37,767,416$127,184,591
83$333,988,309$64,405,102$38,972,778$137,780,973
84$367,993,384$67,499,219$40,216,633$149,357,597
85$405,465,032$70,743,004$41,500,213$162,010,024
86$446,756,783$74,143,729$42,824,788$175,843,360
87$492,258,223$77,709,019$44,191,666$190,973,223
88$542,398,675$81,446,875$45,602,201$207,526,803
89$597,651,253$85,365,685$47,057,787$225,644,035
90$658,537,322$89,474,245$48,559,865$245,478,885
91$725,631,429$93,781,783$50,109,920$267,200,773
92$799,566,718$98,297,973$51,709,486$290,996,134
93$881,040,914$103,032,965$53,360,145$317,070,146
94$970,822,908$107,997,401$55,063,530$345,648,625
95$1,069,760,014$113,202,443$56,821,327$376,980,117
96$1,178,785,969$118,659,796$58,635,276$411,338,205
97$1,298,929,750$124,381,739$60,507,170$449,024,043
98$1,431,325,287$130,381,146$62,438,862$490,369,159
99$1,577,222,167$136,671,523$64,432,264$535,738,533
100$1,737,997,432$143,267,031$66,489,349$585,533,991