Can I retire at age 51 with 14,200,000?

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 $14,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,108,559
2 years$580,506$569,695$559,217$549,058$539,204$515,369
3 years$383,160$372,302$361,850$351,787$342,093$318,936
4 years$284,506$273,681$263,334$253,443$243,984$221,683
5 years$225,329$214,569$204,358$194,668$185,472$164,091
6 years$185,891$175,212$165,152$155,678$146,758$126,319
7 years$157,732$147,143$137,242$127,991$119,354$99,861
8 years$136,622$126,129$116,392$107,369$99,015$80,463
9 years$120,212$109,818$100,248$91,454$83,385$65,760
10 years$107,092$96,799$87,399$78,834$71,048$54,333
11 years$96,364$86,174$76,945$68,610$61,104$45,277
12 years$87,430$77,345$68,286$60,180$52,951$37,989
13 years$79,877$69,898$61,009$53,130$46,175$32,051
14 years$73,408$63,535$54,817$47,163$40,476$27,164
15 years$67,807$58,040$49,493$42,061$35,639$23,108
16 years$62,911$53,251$44,872$37,661$31,498$19,720
17 years$58,596$49,042$40,832$33,838$27,928$16,872
18 years$54,764$45,317$37,274$30,495$24,832$14,467
19 years$51,339$41,999$34,123$27,555$22,133$12,428
20 years$48,261$39,028$31,316$24,956$19,770$10,694
21 years$45,480$36,353$28,805$22,649$17,692$9,213
22 years$42,955$33,934$26,548$20,593$15,858$7,947
23 years$40,653$31,738$24,513$18,755$14,235$6,862
24 years$38,545$29,736$22,670$17,105$12,795$5,930
25 years$36,610$27,906$20,997$15,622$11,514$5,128
26 years$34,826$26,227$19,474$14,284$10,371$4,438
27 years$33,177$24,683$18,083$13,074$9,350$3,842
28 years$31,649$23,259$16,810$11,979$8,437$3,328
29 years$30,228$21,942$15,644$10,985$7,618$2,884
30 years$28,905$20,722$14,571$10,081$6,884$2,500
31 years$27,670$19,589$13,584$9,259$6,224$2,168
32 years$26,514$18,535$12,675$8,509$5,630$1,880
33 years$25,430$17,553$11,834$7,825$5,095$1,631
34 years$24,412$16,636$11,057$7,200$4,613$1,415
35 years$23,455$15,779$10,338$6,628$4,178$1,228
36 years$22,553$14,977$9,671$6,104$3,785$1,066
37 years$21,701$14,225$9,052$5,624$3,431$925
38 years$20,897$13,518$8,476$5,184$3,110$803
39 years$20,135$12,855$7,942$4,780$2,821$698
40 years$19,414$12,230$7,444$4,408$2,558$606
41 years$18,729$11,642$6,980$4,067$2,321$526
42 years$18,079$11,087$6,547$3,754$2,106$457
43 years$17,460$10,564$6,144$3,465$1,911$397
44 years$16,872$10,070$5,767$3,199$1,735$345
45 years$16,311$9,602$5,415$2,955$1,575$299
46 years$15,776$9,160$5,086$2,729$1,430$260
47 years$15,265$8,742$4,778$2,522$1,299$226
48 years$14,777$8,345$4,490$2,330$1,179$196
49 years$14,311$7,969$4,220$2,153$1,071$170
50 years$13,864$7,612$3,968$1,990$973$148

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $14,200,000, adding $2,165 every year, while hoping to spend $53,789 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: 43/44/13 Blend
50$14,200,000$14,200,000$14,200,000$14,200,000
51$15,650,633$14,898,033$14,677,933$16,264,443
52$17,189,767$15,570,806$15,112,413$17,366,825
53$18,884,089$16,274,741$15,559,645$18,554,819
54$20,749,373$17,011,310$16,020,000$19,840,654
55$22,802,997$17,782,053$16,493,858$21,233,328
56$25,064,113$18,588,583$16,981,612$22,742,712
57$27,553,821$19,432,593$17,483,665$24,379,642
58$30,295,375$20,315,854$18,000,432$26,156,010
59$33,314,395$21,240,223$18,532,338$28,084,871
60$36,639,116$22,207,646$19,079,824$30,180,560
61$40,300,648$23,220,163$19,643,340$32,458,823
62$44,333,273$24,279,910$20,223,351$34,936,953
63$48,774,767$25,389,126$20,820,334$37,633,949
64$53,666,758$26,550,158$21,434,779$40,570,684
65$59,055,116$27,765,464$22,067,194$43,770,099
66$64,990,389$29,037,623$22,718,096$47,257,405
67$71,528,277$30,369,335$23,388,020$51,060,316
68$78,730,159$31,763,430$24,077,516$55,209,295
69$86,663,671$33,222,874$24,787,149$59,737,840
70$95,403,348$34,750,777$25,517,501$64,682,782
71$105,031,321$36,350,396$26,269,169$70,084,623
72$115,638,097$38,025,148$27,042,767$75,987,912
73$127,323,412$39,778,609$27,838,929$82,441,646
74$140,197,172$41,614,533$28,658,305$89,499,723
75$154,380,489$43,536,850$29,501,564$97,221,439
76$170,006,825$45,549,681$30,369,392$105,672,031
77$187,223,252$47,657,347$31,262,498$114,923,279
78$206,191,840$49,864,373$32,181,608$125,054,169
79$227,091,186$52,175,506$33,127,470$136,151,623
80$250,118,101$54,595,720$34,100,854$148,311,301
81$275,489,465$57,130,228$35,102,551$161,638,485
82$303,444,277$59,784,495$36,133,372$176,249,061
83$334,245,908$62,564,251$37,194,155$192,270,586
84$368,184,590$65,475,499$38,285,759$209,843,478
85$405,580,155$68,524,535$39,409,069$229,122,315
86$446,785,050$71,717,956$40,564,992$250,277,276
87$492,187,670$75,062,681$41,754,464$273,495,725
88$542,216,020$78,565,959$42,978,446$298,983,952
89$597,341,754$82,235,392$44,237,924$326,969,098
90$658,084,635$86,078,948$45,533,916$357,701,270
91$725,017,431$90,104,979$46,867,466$391,455,878
92$798,771,329$94,322,244$48,239,646$428,536,202
93$880,041,892$98,739,921$49,651,561$469,276,226
94$969,595,622$103,367,634$51,104,346$514,043,762
95$1,068,277,201$108,215,474$52,599,167$563,243,883
96$1,177,017,460$113,294,017$54,137,224$617,322,717
97$1,296,842,169$118,614,352$55,719,749$676,771,620
98$1,428,881,719$124,188,104$57,348,010$742,131,776
99$1,574,381,796$130,027,462$59,023,309$813,999,265
100$1,734,715,136$136,145,204$60,746,986$893,030,651