Can I retire at age 51 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,102,344
2 years$568,242$557,659$547,403$537,458$527,812$521,696
3 years$375,065$364,436$354,206$344,355$334,866$328,884
4 years$278,495$267,899$257,771$248,088$238,829$233,028
5 years$220,569$210,036$200,041$190,555$181,554$175,951
6 years$181,964$171,510$161,663$152,389$143,658$138,259
7 years$154,399$144,034$134,343$125,287$116,832$111,641
8 years$133,736$123,464$113,933$105,100$96,923$91,941
9 years$117,672$107,498$98,131$89,522$81,624$76,848
10 years$104,829$94,754$85,552$77,169$69,547$64,976
11 years$94,328$84,354$75,319$67,160$59,813$55,443
12 years$85,583$75,711$66,844$58,908$51,833$47,660
13 years$78,190$68,421$59,720$52,007$45,199$41,220
14 years$71,858$62,193$53,659$46,166$39,621$35,831
15 years$66,375$56,814$48,447$41,172$34,886$31,280
16 years$61,582$52,126$43,924$36,865$30,832$27,405
17 years$57,358$48,006$39,969$33,123$27,338$24,085
18 years$53,607$44,360$36,487$29,851$24,308$21,223
19 years$50,255$41,112$33,402$26,973$21,666$18,744
20 years$47,242$38,203$30,655$24,429$19,352$16,588
21 years$44,519$35,585$28,196$22,171$17,318$14,705
22 years$42,047$33,217$25,987$20,158$15,523$13,055
23 years$39,794$31,067$23,995$18,359$13,935$11,606
24 years$37,731$29,108$22,191$16,744$12,525$10,330
25 years$35,836$27,317$20,553$15,292$11,270$9,204
26 years$34,090$25,673$19,062$13,982$10,152$8,208
27 years$32,476$24,161$17,701$12,798$9,153$7,326
28 years$30,980$22,767$16,455$11,726$8,259$6,543
29 years$29,590$21,478$15,313$10,753$7,457$5,847
30 years$28,294$20,284$14,264$9,868$6,738$5,229
31 years$27,085$19,175$13,297$9,063$6,092$4,678
32 years$25,954$18,144$12,407$8,329$5,511$4,187
33 years$24,893$17,182$11,584$7,660$4,987$3,749
34 years$23,897$16,285$10,824$7,047$4,515$3,358
35 years$22,960$15,446$10,119$6,488$4,090$3,009
36 years$22,076$14,660$9,466$5,975$3,705$2,697
37 years$21,243$13,924$8,860$5,505$3,358$2,418
38 years$20,455$13,233$8,297$5,074$3,045$2,168
39 years$19,710$12,583$7,774$4,679$2,761$1,945
40 years$19,003$11,972$7,286$4,315$2,504$1,744
41 years$18,333$11,396$6,832$3,981$2,272$1,565
42 years$17,697$10,853$6,409$3,674$2,062$1,404
43 years$17,091$10,341$6,014$3,392$1,871$1,260
44 years$16,515$9,857$5,645$3,132$1,698$1,131
45 years$15,966$9,400$5,301$2,892$1,542$1,015
46 years$15,442$8,967$4,978$2,672$1,400$912
47 years$14,943$8,557$4,677$2,468$1,271$818
48 years$14,465$8,169$4,395$2,281$1,154$735
49 years$14,008$7,801$4,131$2,108$1,048$660
50 years$13,571$7,452$3,884$1,948$952$593

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,900,000, adding $6,595 every year, while hoping to spend $35,624 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: 60/28/12 Blend
50$13,900,000$13,900,000$13,900,000$13,900,000
51$15,324,603$14,587,903$14,372,453$16,199,321
52$16,849,809$15,264,806$14,816,026$17,465,148
53$18,529,391$15,973,684$15,273,266$18,840,701
54$20,379,060$16,716,066$15,744,591$20,340,305
55$22,416,125$17,493,553$16,230,435$21,975,930
56$24,659,659$18,307,827$16,731,245$23,760,738
57$27,130,683$19,160,649$17,247,480$25,709,200
58$29,852,357$20,053,865$17,779,614$27,837,232
59$32,850,203$20,989,411$18,328,137$30,162,337
60$36,152,347$21,969,314$18,893,552$32,703,772
61$39,789,778$22,995,703$19,476,379$35,482,715
62$43,796,650$24,070,806$20,077,151$38,522,470
63$48,210,594$25,196,962$20,696,422$41,848,675
64$53,073,081$26,376,619$21,334,758$45,489,539
65$58,429,809$27,612,348$21,992,747$49,476,107
66$64,331,137$28,906,840$22,670,991$53,842,540
67$70,832,557$30,262,919$23,370,114$58,626,437
68$77,995,220$31,683,545$24,090,755$63,869,181
69$85,886,515$33,171,821$24,833,577$69,616,320
70$94,580,698$34,730,999$25,599,261$75,917,996
71$104,159,602$36,364,490$26,388,509$82,829,403
72$114,713,401$38,075,870$27,202,044$90,411,307
73$126,341,468$39,868,888$28,040,612$98,730,604
74$139,153,308$41,747,473$28,904,982$107,860,950
75$153,269,593$43,715,747$29,795,947$117,883,443
76$168,823,302$45,778,029$30,714,322$128,887,379
77$185,960,977$47,938,851$31,660,950$140,971,085
78$204,844,101$50,202,959$32,636,697$154,242,838
79$225,650,631$52,575,336$33,642,457$168,821,875
80$248,576,668$55,061,200$34,679,152$184,839,507
81$273,838,315$57,666,026$35,747,731$202,440,348
82$301,673,715$60,395,553$36,849,172$221,783,664
83$332,345,299$63,255,800$37,984,484$243,044,867
84$366,142,262$66,253,077$39,154,707$266,417,156
85$403,383,294$69,393,998$40,360,911$292,113,326
86$444,419,588$72,685,503$41,604,199$320,367,759
87$489,638,158$76,134,864$42,885,711$351,438,627
88$539,465,486$79,749,708$44,206,619$385,610,307
89$594,371,555$83,538,033$45,568,130$423,196,049
90$654,874,281$87,508,225$46,971,490$464,540,918
91$721,544,406$91,669,076$48,417,983$510,025,030
92$795,010,881$96,029,806$49,908,932$560,067,121
93$875,966,809$100,600,085$51,445,699$615,128,478
94$965,175,983$105,390,048$53,029,689$675,717,274
95$1,063,480,100$110,410,328$54,662,351$742,393,343
96$1,171,806,707$115,672,070$56,345,176$815,773,436
97$1,291,177,954$121,186,965$58,079,702$896,537,024
98$1,422,720,248$126,967,268$59,867,515$985,432,684
99$1,567,674,883$133,025,834$61,710,246$1,083,285,139
100$1,727,409,761$139,376,141$63,609,580$1,191,003,013