Can I retire at age 51 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,080,597
2 years$576,418$565,683$555,279$545,191$535,407$491,851
3 years$380,462$369,680$359,302$349,309$339,684$297,701
4 years$282,503$271,754$261,480$251,658$242,265$202,174
5 years$223,742$213,058$202,919$193,297$184,166$146,070
6 years$184,582$173,978$163,989$154,581$145,725$109,647
7 years$156,621$146,107$136,275$127,090$118,513$84,444
8 years$135,660$125,240$115,572$106,613$98,318$66,223
9 years$119,365$109,044$99,543$90,810$82,798$52,629
10 years$106,337$96,117$86,783$78,279$70,548$42,249
11 years$95,685$85,567$76,403$68,126$60,674$34,179
12 years$86,815$76,801$67,805$59,756$52,579$27,819
13 years$79,315$69,405$60,580$52,756$45,849$22,751
14 years$72,892$63,088$54,431$46,831$40,191$18,678
15 years$67,330$57,632$49,144$41,765$35,388$15,382
16 years$62,468$52,876$44,556$37,396$31,276$12,700
17 years$58,183$48,697$40,544$33,600$27,731$10,506
18 years$54,378$44,998$37,012$30,280$24,657$8,707
19 years$50,978$41,704$33,883$27,361$21,978$7,225
20 years$47,921$38,753$31,096$24,780$19,631$6,002
21 years$45,160$36,097$28,602$22,490$17,567$4,991
22 years$42,652$33,695$26,361$20,448$15,747$4,154
23 years$40,366$31,514$24,340$18,623$14,135$3,459
24 years$38,274$29,527$22,510$16,985$12,705$2,882
25 years$36,352$27,710$20,849$15,512$11,433$2,402
26 years$34,581$26,043$19,336$14,183$10,298$2,003
27 years$32,943$24,509$17,956$12,982$9,285$1,671
28 years$31,426$23,095$16,692$11,894$8,378$1,394
29 years$30,015$21,787$15,533$10,907$7,565$1,164
30 years$28,702$20,576$14,469$10,010$6,835$971
31 years$27,475$19,451$13,489$9,194$6,180$811
32 years$26,327$18,405$12,585$8,449$5,590$677
33 years$25,251$17,429$11,751$7,770$5,059$565
34 years$24,241$16,519$10,979$7,149$4,580$472
35 years$23,290$15,668$10,265$6,581$4,149$394
36 years$22,394$14,871$9,603$6,061$3,759$329
37 years$21,549$14,124$8,988$5,584$3,407$275
38 years$20,750$13,423$8,417$5,147$3,089$230
39 years$19,993$12,764$7,886$4,746$2,801$192
40 years$19,277$12,144$7,391$4,377$2,540$160
41 years$18,597$11,560$6,931$4,039$2,305$134
42 years$17,951$11,009$6,501$3,727$2,091$112
43 years$17,337$10,490$6,100$3,441$1,898$93
44 years$16,753$9,999$5,726$3,177$1,723$78
45 years$16,196$9,535$5,377$2,934$1,564$65
46 years$15,665$9,096$5,050$2,710$1,420$54
47 years$15,158$8,680$4,744$2,504$1,289$45
48 years$14,673$8,286$4,458$2,314$1,171$38
49 years$14,210$7,913$4,191$2,138$1,064$32
50 years$13,767$7,559$3,940$1,976$966$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $14,100,000, adding $2,690 every year, while hoping to spend $35,137 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: 61/26/13 Blend
50$14,100,000$14,100,000$14,100,000$14,100,000
51$15,540,975$14,793,675$14,575,125$16,439,802
52$17,088,769$15,481,179$15,026,006$17,731,533
53$18,793,260$16,201,194$15,490,814$19,136,246
54$20,670,395$16,955,275$15,969,978$20,668,236
55$22,737,744$17,745,052$16,463,942$22,339,819
56$25,014,670$18,572,236$16,973,160$24,164,539
57$27,522,510$19,438,619$17,498,105$26,157,291
58$30,284,775$20,346,080$18,039,260$28,334,457
59$33,327,371$21,296,588$18,597,125$30,714,058
60$36,678,850$22,292,207$19,172,215$33,315,916
61$40,370,670$23,335,103$19,765,061$36,161,842
62$44,437,499$24,427,543$20,376,211$39,275,833
63$48,917,538$25,571,907$21,006,229$42,684,292
64$53,852,885$26,770,689$21,655,696$46,416,278
65$59,289,929$28,026,502$22,325,211$50,503,766
66$65,279,789$29,342,088$23,015,393$54,981,952
67$71,878,797$30,720,320$23,726,878$59,889,571
68$79,149,028$32,164,209$24,460,323$65,269,263
69$87,158,889$33,676,915$25,216,403$71,167,964
70$95,983,760$35,261,749$25,995,817$77,637,343
71$105,706,710$36,922,181$26,799,283$84,734,283
72$116,419,278$38,661,851$27,627,543$92,521,413
73$128,222,338$40,484,576$28,481,359$101,067,684
74$141,227,052$42,394,355$29,361,520$110,449,018
75$155,555,916$44,395,383$30,268,836$120,749,015
76$171,343,921$46,492,059$31,204,144$132,059,729
77$188,739,824$48,688,993$32,168,305$144,482,532
78$207,907,552$50,991,019$33,162,209$158,129,055
79$229,027,750$53,403,207$34,186,771$173,122,239
80$252,299,488$55,930,872$35,242,936$189,597,479
81$277,942,137$58,579,585$36,331,675$207,703,890
82$306,197,441$61,355,191$37,453,992$227,605,708
83$337,331,800$64,263,816$38,610,921$249,483,821
84$371,638,784$67,311,883$39,803,527$273,537,469
85$409,441,903$70,506,128$41,032,908$299,986,105
86$451,097,662$73,853,614$42,300,196$329,071,460
87$496,998,929$77,361,747$43,606,558$361,059,802
88$547,578,639$81,038,291$44,953,197$396,244,439
89$603,313,882$84,891,389$46,341,351$434,948,469
90$664,730,410$88,929,579$47,772,298$477,527,812
91$732,407,596$93,161,813$49,247,355$524,374,555
92$806,983,909$97,597,480$50,767,879$575,920,630
93$889,162,933$102,246,422$52,335,268$632,641,876
94$979,720,018$107,118,962$53,950,966$695,062,507
95$1,079,509,593$112,225,925$55,616,456$763,760,039
96$1,189,473,236$117,578,660$57,333,272$839,370,721
97$1,310,648,562$123,189,069$59,102,992$922,595,517
98$1,444,179,015$129,069,634$60,927,242$1,014,206,698
99$1,591,324,670$135,233,442$62,807,701$1,115,055,106
100$1,753,474,124$141,694,217$64,746,095$1,226,078,157