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%16.3%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,087,626
2 years$572,330$561,671$551,341$541,325$531,609$502,832
3 years$377,763$367,058$356,754$346,832$337,275$309,374
4 years$280,499$269,827$259,625$249,873$240,547$213,738
5 years$222,156$211,547$201,480$191,926$182,860$157,216
6 years$183,273$172,744$162,826$153,485$144,691$120,237
7 years$155,510$145,070$135,309$126,189$117,673$94,411
8 years$134,698$124,352$114,753$105,856$97,621$75,541
9 years$118,519$108,271$98,837$90,166$82,211$61,293
10 years$105,583$95,436$86,168$77,724$70,048$50,267
11 years$95,006$84,961$75,861$67,643$60,243$41,570
12 years$86,199$76,256$67,325$59,332$52,206$34,606
13 years$78,752$68,913$60,150$52,381$45,524$28,963
14 years$72,375$62,640$54,045$46,498$39,906$24,347
15 years$66,852$57,223$48,795$41,468$35,137$20,539
16 years$62,025$52,501$44,240$37,130$31,054$17,378
17 years$57,770$48,351$40,257$33,361$27,535$14,740
18 years$53,993$44,679$36,749$30,065$24,482$12,528
19 years$50,616$41,408$33,642$27,167$21,822$10,667
20 years$47,582$38,478$30,875$24,605$19,492$9,095
21 years$44,839$35,841$28,399$22,330$17,443$7,764
22 years$42,350$33,456$26,174$20,303$15,635$6,635
23 years$40,080$31,291$24,167$18,491$14,035$5,676
24 years$38,003$29,318$22,351$16,865$12,615$4,858
25 years$36,094$27,513$20,701$15,402$11,351$4,162
26 years$34,335$25,858$19,199$14,082$10,225$3,567
27 years$32,710$24,335$17,828$12,890$9,219$3,058
28 years$31,203$22,931$16,574$11,810$8,318$2,623
29 years$29,803$21,633$15,423$10,830$7,511$2,251
30 years$28,498$20,430$14,366$9,939$6,787$1,932
31 years$27,280$19,313$13,393$9,128$6,136$1,659
32 years$26,140$18,274$12,496$8,389$5,550$1,424
33 years$25,072$17,306$11,668$7,715$5,023$1,223
34 years$24,069$16,402$10,902$7,098$4,548$1,051
35 years$23,125$15,557$10,192$6,534$4,119$903
36 years$22,235$14,766$9,535$6,018$3,732$776
37 years$21,396$14,024$8,924$5,545$3,383$667
38 years$20,602$13,328$8,357$5,111$3,067$573
39 years$19,852$12,674$7,830$4,712$2,781$492
40 years$19,140$12,058$7,339$4,346$2,522$423
41 years$18,465$11,478$6,881$4,010$2,288$364
42 years$17,824$10,931$6,455$3,701$2,076$313
43 years$17,214$10,415$6,057$3,416$1,885$269
44 years$16,634$9,928$5,686$3,154$1,711$231
45 years$16,081$9,467$5,339$2,913$1,553$199
46 years$15,554$9,031$5,014$2,691$1,410$171
47 years$15,050$8,619$4,711$2,486$1,280$147
48 years$14,569$8,228$4,427$2,297$1,163$126
49 years$14,109$7,857$4,161$2,123$1,056$109
50 years$13,669$7,505$3,912$1,962$959$93

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 $3,383 every year, while hoping to spend $56,156 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: 54/21/25 Blend
50$14,000,000$14,000,000$14,000,000$14,000,000
51$15,431,490$14,689,490$14,472,490$16,157,991
52$16,945,752$15,349,525$14,897,568$17,318,990
53$18,612,587$16,040,020$15,335,005$18,576,161
54$20,447,498$16,762,408$15,785,155$19,943,665
55$22,467,567$17,518,190$16,248,382$21,432,093
56$24,691,618$18,308,940$16,725,062$23,053,090
57$27,140,391$19,136,307$17,215,579$24,819,461
58$29,836,741$20,002,016$17,720,331$26,745,290
59$32,805,851$20,907,878$18,239,726$28,846,066
60$36,075,473$21,855,789$18,774,181$31,138,830
61$39,676,184$22,847,735$19,324,129$33,642,328
62$43,641,679$23,885,798$19,890,012$36,377,183
63$48,009,089$24,972,161$20,472,285$39,366,090
64$52,819,326$26,109,107$21,071,417$42,634,020
65$58,117,478$27,299,033$21,687,890$46,208,455
66$63,953,224$28,544,449$22,322,197$50,119,641
67$70,381,310$29,847,985$22,974,849$54,400,866
68$77,462,065$31,212,397$23,646,367$59,088,772
69$85,261,965$32,640,574$24,337,290$64,223,695
70$93,854,266$34,135,543$25,048,170$69,850,036
71$103,319,692$35,700,476$25,779,575$76,016,681
72$113,747,200$37,338,698$26,532,089$82,777,447
73$125,234,813$39,053,693$27,306,313$90,191,591
74$137,890,553$40,849,113$28,102,864$98,324,356
75$151,833,455$42,728,785$28,922,375$107,247,587
76$167,194,691$44,696,720$29,765,499$117,040,394
77$184,118,813$46,757,122$30,632,906$127,789,894
78$202,765,107$48,914,397$31,525,284$139,592,027
79$223,309,108$51,173,162$32,443,342$152,552,448
80$245,944,250$53,538,260$33,387,806$166,787,522
81$270,883,690$56,014,761$34,359,424$182,425,405
82$298,362,327$58,607,985$35,358,965$199,607,251
83$328,639,012$61,323,504$36,387,218$218,488,530
84$361,998,997$64,167,161$37,444,996$239,240,485
85$398,756,623$67,145,080$38,533,131$262,051,740
86$439,258,288$70,263,680$39,652,481$287,130,066
87$483,885,722$73,529,688$40,803,927$314,704,331
88$533,059,580$76,950,157$41,988,374$345,026,649
89$587,243,424$80,532,482$43,206,751$378,374,743
90$646,948,091$84,284,411$44,460,015$415,054,558
91$712,736,518$88,214,068$45,749,147$455,403,129
92$785,229,055$92,329,970$47,075,156$499,791,753
93$865,109,324$96,641,044$48,439,078$548,629,474
94$953,130,667$101,156,648$49,841,980$602,366,927
95$1,050,123,264$105,886,592$51,284,955$661,500,580
96$1,157,001,964$110,841,162$52,769,128$726,577,398
97$1,274,774,923$116,031,138$54,295,653$798,199,990
98$1,404,553,126$121,467,824$55,865,718$877,032,277
99$1,547,560,867$127,163,070$57,480,542$963,805,737
100$1,705,147,312$133,129,297$59,141,376$1,059,326,293