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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.8%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,092,124
2 years$564,154$553,647$543,464$533,591$524,015$515,639
3 years$372,367$361,815$351,657$341,877$332,457$324,272
4 years$276,492$265,972$255,917$246,303$237,111$229,181
5 years$218,982$208,525$198,602$189,185$180,248$172,595
6 years$180,655$170,277$160,500$151,292$142,624$135,259
7 years$153,289$142,998$133,376$124,386$115,992$108,917
8 years$132,774$122,576$113,113$104,344$96,226$89,443
9 years$116,826$106,724$97,425$88,878$81,036$74,542
10 years$104,075$94,072$84,937$76,614$69,047$62,838
11 years$93,649$83,747$74,777$66,677$59,383$53,455
12 years$84,967$75,167$66,363$58,485$51,460$45,808
13 years$77,627$67,929$59,291$51,633$44,874$39,491
14 years$71,341$61,745$53,273$45,834$39,336$34,216
15 years$65,897$56,405$48,098$40,876$34,635$29,771
16 years$61,139$51,751$43,608$36,600$30,610$25,995
17 years$56,945$47,661$39,682$32,885$27,141$22,766
18 years$53,221$44,041$36,224$29,636$24,133$19,991
19 years$49,893$40,816$33,162$26,779$21,510$17,593
20 years$46,902$37,929$30,434$24,253$19,213$15,512
21 years$44,199$35,329$27,994$22,011$17,194$13,701
22 years$41,745$32,978$25,800$20,013$15,412$12,119
23 years$39,507$30,844$23,822$18,226$13,834$10,733
24 years$37,460$28,899$22,031$16,624$12,435$9,517
25 years$35,579$27,120$20,405$15,182$11,189$8,447
26 years$33,845$25,489$18,925$13,881$10,079$7,503
27 years$32,243$23,988$17,574$12,706$9,087$6,670
28 years$30,757$22,603$16,337$11,641$8,199$5,934
29 years$29,377$21,324$15,203$10,675$7,404$5,282
30 years$28,091$20,138$14,161$9,797$6,690$4,704
31 years$26,890$19,037$13,202$8,998$6,048$4,191
32 years$25,767$18,013$12,318$8,269$5,471$3,736
33 years$24,714$17,059$11,501$7,604$4,951$3,332
34 years$23,725$16,168$10,746$6,997$4,483$2,972
35 years$22,794$15,335$10,047$6,441$4,060$2,652
36 years$21,918$14,555$9,398$5,932$3,679$2,367
37 years$21,090$13,824$8,797$5,465$3,334$2,113
38 years$20,308$13,138$8,238$5,038$3,023$1,887
39 years$19,568$12,493$7,718$4,645$2,741$1,685
40 years$18,867$11,886$7,234$4,284$2,486$1,505
41 years$18,201$11,314$6,783$3,953$2,256$1,344
42 years$17,569$10,775$6,363$3,648$2,047$1,201
43 years$16,968$10,266$5,971$3,367$1,858$1,073
44 years$16,396$9,786$5,604$3,109$1,686$959
45 years$15,851$9,332$5,262$2,872$1,531$857
46 years$15,331$8,902$4,943$2,652$1,390$766
47 years$14,835$8,496$4,643$2,451$1,262$685
48 years$14,361$8,110$4,364$2,264$1,146$612
49 years$13,908$7,745$4,101$2,093$1,041$547
50 years$13,474$7,398$3,856$1,934$945$489

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 $2,599 every year, while hoping to spend $23,505 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: 38/41/21 Blend
50$13,800,000$13,800,000$13,800,000$13,800,000
51$15,210,281$14,478,881$14,264,981$15,692,503
52$16,736,720$15,163,337$14,717,849$16,726,205
53$18,418,069$15,880,543$15,185,100$17,840,211
54$20,270,102$16,632,081$15,667,191$19,043,682
55$22,310,205$17,419,605$16,164,594$20,344,710
56$24,557,534$18,244,853$16,677,796$21,752,172
57$27,033,198$19,109,647$17,207,298$23,275,800
58$29,760,460$20,015,895$17,753,618$24,926,268
59$32,764,954$20,965,601$18,317,291$26,715,288
60$36,074,928$21,960,864$18,898,869$28,655,712
61$39,721,509$23,003,885$19,498,919$30,761,646
62$43,739,000$24,096,972$20,118,030$33,048,574
63$48,165,201$25,242,547$20,756,807$35,533,498
64$53,041,766$26,443,146$21,415,875$38,235,088
65$58,414,598$27,701,432$22,095,879$41,173,851
66$64,334,280$29,020,195$22,797,483$44,372,314
67$70,856,553$30,402,362$23,521,376$47,855,227
68$78,042,843$31,851,000$24,268,264$51,649,787
69$85,960,842$33,369,327$25,038,879$55,785,881
70$94,685,141$34,960,717$25,833,975$60,296,361
71$104,297,943$36,628,709$26,654,330$65,217,341
72$114,889,829$38,377,013$27,500,747$70,588,523
73$126,560,624$40,209,519$28,374,054$76,453,562
74$139,420,328$42,130,306$29,275,106$82,860,462
75$153,590,164$44,143,653$30,204,784$89,862,019
76$169,203,716$46,254,047$31,163,999$97,516,298
77$186,408,191$48,466,191$32,153,689$105,887,172
78$205,365,812$50,785,020$33,174,824$115,044,905
79$226,255,346$53,215,708$34,228,401$125,066,800
80$249,273,793$55,763,679$35,315,454$136,037,910
81$274,638,243$58,434,623$36,437,046$148,051,822
82$302,587,932$61,234,507$37,594,274$161,211,522
83$333,386,491$64,169,587$38,788,272$175,630,347
84$367,324,442$67,246,427$40,020,209$191,433,030
85$404,721,939$70,471,906$41,291,290$208,756,862
86$445,931,789$73,853,241$42,602,760$227,752,956
87$491,342,782$77,398,000$43,955,903$248,587,657
88$541,383,364$81,114,120$45,352,044$271,444,083
89$596,525,679$85,009,924$46,792,549$296,523,823
90$657,290,028$89,094,140$48,278,830$324,048,821
91$724,249,781$93,375,923$49,812,341$354,263,434
92$798,036,788$97,864,873$51,394,584$387,436,709
93$879,347,346$102,571,058$53,027,108$423,864,896
94$968,948,772$107,505,036$54,711,512$463,874,203
95$1,067,686,644$112,677,880$56,449,445$507,823,847
96$1,176,492,791$118,101,205$58,242,610$556,109,403
97$1,296,394,080$123,787,189$60,092,763$609,166,503
98$1,428,522,121$129,748,605$62,001,715$667,474,905
99$1,574,123,940$135,998,850$63,971,335$731,562,984
100$1,734,573,761$142,551,973$66,003,554$802,012,669