Can I retire at age 51 with 14,000,000?

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 $14,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,074,634
2 years$572,330$561,671$551,341$541,325$531,609$490,029
3 years$377,763$367,058$356,754$346,832$337,275$297,168
4 years$280,499$269,827$259,625$249,873$240,547$202,220
5 years$222,156$211,547$201,480$191,926$182,860$146,411
6 years$183,273$172,744$162,826$153,485$144,691$110,146
7 years$155,510$145,070$135,309$126,189$117,673$85,023
8 years$134,698$124,352$114,753$105,856$97,621$66,835
9 years$118,519$108,271$98,837$90,166$82,211$53,247
10 years$105,583$95,436$86,168$77,724$70,048$42,853
11 years$95,006$84,961$75,861$67,643$60,243$34,759
12 years$86,199$76,256$67,325$59,332$52,206$28,366
13 years$78,752$68,913$60,150$52,381$45,524$23,263
14 years$72,375$62,640$54,045$46,498$39,906$19,152
15 years$66,852$57,223$48,795$41,468$35,137$15,817
16 years$62,025$52,501$44,240$37,130$31,054$13,097
17 years$57,770$48,351$40,257$33,361$27,535$10,867
18 years$53,993$44,679$36,749$30,065$24,482$9,032
19 years$50,616$41,408$33,642$27,167$21,822$7,518
20 years$47,582$38,478$30,875$24,605$19,492$6,265
21 years$44,839$35,841$28,399$22,330$17,443$5,226
22 years$42,350$33,456$26,174$20,303$15,635$4,363
23 years$40,080$31,291$24,167$18,491$14,035$3,645
24 years$38,003$29,318$22,351$16,865$12,615$3,046
25 years$36,094$27,513$20,701$15,402$11,351$2,547
26 years$34,335$25,858$19,199$14,082$10,225$2,131
27 years$32,710$24,335$17,828$12,890$9,219$1,783
28 years$31,203$22,931$16,574$11,810$8,318$1,493
29 years$29,803$21,633$15,423$10,830$7,511$1,250
30 years$28,498$20,430$14,366$9,939$6,787$1,047
31 years$27,280$19,313$13,393$9,128$6,136$877
32 years$26,140$18,274$12,496$8,389$5,550$734
33 years$25,072$17,306$11,668$7,715$5,023$615
34 years$24,069$16,402$10,902$7,098$4,548$515
35 years$23,125$15,557$10,192$6,534$4,119$432
36 years$22,235$14,766$9,535$6,018$3,732$362
37 years$21,396$14,024$8,924$5,545$3,383$303
38 years$20,602$13,328$8,357$5,111$3,067$254
39 years$19,852$12,674$7,830$4,712$2,781$213
40 years$19,140$12,058$7,339$4,346$2,522$178
41 years$18,465$11,478$6,881$4,010$2,288$150
42 years$17,824$10,931$6,455$3,701$2,076$125
43 years$17,214$10,415$6,057$3,416$1,885$105
44 years$16,634$9,928$5,686$3,154$1,711$88
45 years$16,081$9,467$5,339$2,913$1,553$74
46 years$15,554$9,031$5,014$2,691$1,410$62
47 years$15,050$8,619$4,711$2,486$1,280$52
48 years$14,569$8,228$4,427$2,297$1,163$43
49 years$14,109$7,857$4,161$2,123$1,056$36
50 years$13,669$7,505$3,912$1,962$959$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $14,000,000, adding $4,001 every year, while hoping to spend $46,743 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: 40/43/17 Blend
50$14,000,000$14,000,000$14,000,000$14,000,000
51$15,432,127$14,690,127$14,473,127$15,971,334
52$16,956,470$15,360,209$14,908,243$17,025,605
53$18,634,729$16,061,558$15,356,368$18,160,579
54$20,482,554$16,795,658$15,817,889$19,387,427
55$22,517,191$17,564,062$16,293,205$20,714,522
56$24,757,642$18,368,398$16,782,724$22,151,046
57$27,224,845$19,210,372$17,286,869$23,707,075
58$29,941,873$20,091,775$17,806,073$25,393,660
59$32,934,151$21,014,479$18,340,784$27,222,934
60$36,229,695$21,980,449$18,891,460$29,208,212
61$39,859,376$22,991,743$19,458,577$31,364,115
62$43,857,214$24,050,520$20,042,621$33,706,699
63$48,260,695$25,159,041$20,644,094$36,253,594
64$53,111,128$26,319,676$21,263,513$39,024,170
65$58,454,032$27,534,909$21,901,409$42,039,706
66$64,339,567$28,807,344$22,558,331$45,323,583
67$70,823,009$30,139,709$23,234,841$48,901,497
68$77,965,267$31,534,866$23,931,519$52,801,689
69$85,833,462$32,995,812$24,648,963$57,055,204
70$94,501,559$34,525,691$25,387,787$61,696,170
71$104,051,064$36,127,796$26,148,623$66,762,114
72$114,571,794$37,805,579$26,932,124$72,294,297
73$126,162,726$39,562,661$27,738,959$78,338,101
74$138,932,928$41,402,836$28,569,818$84,943,434
75$153,002,591$43,330,079$29,425,411$92,165,196
76$168,504,162$45,348,560$30,306,470$100,063,778
77$185,583,596$47,462,649$31,213,746$108,705,622
78$204,401,731$49,676,926$32,148,014$118,163,826
79$225,135,806$51,996,195$33,110,071$128,518,824
80$247,981,138$54,425,488$34,100,738$139,859,127
81$273,152,960$56,970,083$35,120,859$152,282,139
82$300,888,457$59,635,512$36,171,303$165,895,059
83$331,449,002$62,427,575$37,252,964$180,815,875
84$365,122,626$65,352,351$38,366,764$197,174,453
85$402,226,733$68,416,215$39,513,649$215,113,748
86$443,111,098$71,625,849$40,694,596$234,791,127
87$488,161,173$74,988,258$41,910,607$256,379,832
88$537,801,716$78,510,786$43,162,716$280,070,593
89$592,500,810$82,201,133$44,451,986$306,073,400
90$652,774,276$86,067,372$45,779,511$334,619,461
91$719,190,545$90,117,966$47,146,417$365,963,356
92$792,376,021$94,361,788$48,553,863$400,385,411
93$873,021,000$98,808,140$50,003,042$438,194,313
94$961,886,179$103,466,776$51,495,181$479,729,994
95$1,059,809,844$108,347,922$53,031,544$525,366,804
96$1,167,715,777$113,462,299$54,613,429$575,517,013
97$1,286,621,983$118,821,149$56,242,176$630,634,662
98$1,417,650,296$124,436,256$57,919,160$691,219,814
99$1,562,036,974$130,319,980$59,645,799$757,823,236
100$1,721,144,362$136,485,276$61,423,551$831,051,549