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%16.4%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,102,718
2 years$580,506$569,695$559,217$549,058$539,204$509,574
3 years$383,160$372,302$361,850$351,787$342,093$313,370
4 years$284,506$273,681$263,334$253,443$243,984$216,389
5 years$225,329$214,569$204,358$194,668$185,472$159,082
6 years$185,891$175,212$165,152$155,678$146,758$121,598
7 years$157,732$147,143$137,242$127,991$119,354$95,426
8 years$136,622$126,129$116,392$107,369$99,015$76,308
9 years$120,212$109,818$100,248$91,454$83,385$61,878
10 years$107,092$96,799$87,399$78,834$71,048$50,715
11 years$96,364$86,174$76,945$68,610$61,104$41,913
12 years$87,430$77,345$68,286$60,180$52,951$34,869
13 years$79,877$69,898$61,009$53,130$46,175$29,164
14 years$73,408$63,535$54,817$47,163$40,476$24,499
15 years$67,807$58,040$49,493$42,061$35,639$20,653
16 years$62,911$53,251$44,872$37,661$31,498$17,462
17 years$58,596$49,042$40,832$33,838$27,928$14,800
18 years$54,764$45,317$37,274$30,495$24,832$12,570
19 years$51,339$41,999$34,123$27,555$22,133$10,694
20 years$48,261$39,028$31,316$24,956$19,770$9,112
21 years$45,480$36,353$28,805$22,649$17,692$7,773
22 years$42,955$33,934$26,548$20,593$15,858$6,637
23 years$40,653$31,738$24,513$18,755$14,235$5,673
24 years$38,545$29,736$22,670$17,105$12,795$4,852
25 years$36,610$27,906$20,997$15,622$11,514$4,153
26 years$34,826$26,227$19,474$14,284$10,371$3,556
27 years$33,177$24,683$18,083$13,074$9,350$3,047
28 years$31,649$23,259$16,810$11,979$8,437$2,611
29 years$30,228$21,942$15,644$10,985$7,618$2,239
30 years$28,905$20,722$14,571$10,081$6,884$1,920
31 years$27,670$19,589$13,584$9,259$6,224$1,647
32 years$26,514$18,535$12,675$8,509$5,630$1,413
33 years$25,430$17,553$11,834$7,825$5,095$1,213
34 years$24,412$16,636$11,057$7,200$4,613$1,041
35 years$23,455$15,779$10,338$6,628$4,178$893
36 years$22,553$14,977$9,671$6,104$3,785$767
37 years$21,701$14,225$9,052$5,624$3,431$659
38 years$20,897$13,518$8,476$5,184$3,110$566
39 years$20,135$12,855$7,942$4,780$2,821$486
40 years$19,414$12,230$7,444$4,408$2,558$417
41 years$18,729$11,642$6,980$4,067$2,321$358
42 years$18,079$11,087$6,547$3,754$2,106$308
43 years$17,460$10,564$6,144$3,465$1,911$264
44 years$16,872$10,070$5,767$3,199$1,735$227
45 years$16,311$9,602$5,415$2,955$1,575$195
46 years$15,776$9,160$5,086$2,729$1,430$167
47 years$15,265$8,742$4,778$2,522$1,299$144
48 years$14,777$8,345$4,490$2,330$1,179$124
49 years$14,311$7,969$4,220$2,153$1,071$106
50 years$13,864$7,612$3,968$1,990$973$91

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 $4,251 every year, while hoping to spend $54,707 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: 63/17/20 Blend
50$14,200,000$14,200,000$14,200,000$14,200,000
51$15,652,785$14,900,185$14,680,085$16,558,278
52$17,191,161$15,572,086$15,113,660$17,840,714
53$18,884,618$16,275,077$15,559,926$19,234,167
54$20,748,917$17,010,623$16,019,251$20,754,737
55$22,801,423$17,780,260$16,492,012$22,414,834
56$25,061,272$18,585,597$16,978,599$24,228,109
57$27,549,550$19,428,320$17,479,410$26,209,586
58$30,289,491$20,310,195$17,994,858$28,375,796
59$33,306,698$21,233,073$18,525,364$30,744,929
60$36,629,382$22,198,894$19,071,365$33,337,010
61$40,288,630$23,209,691$19,633,306$36,174,074
62$44,318,697$24,267,592$20,211,649$39,280,379
63$48,757,330$25,374,831$20,806,866$42,682,629
64$53,646,126$26,533,745$21,419,443$46,410,217
65$59,030,918$27,746,786$22,049,882$50,495,507
66$64,962,215$29,016,522$22,698,696$54,974,129
67$71,495,673$30,345,644$23,366,415$59,885,312
68$78,692,625$31,736,974$24,053,583$65,272,253
69$86,620,654$33,193,467$24,760,760$71,182,515
70$95,354,236$34,718,222$25,488,520$77,668,475
71$104,975,439$36,314,485$26,237,456$84,787,812
72$115,574,699$37,985,661$27,008,177$92,604,045
73$127,251,674$39,735,314$27,801,307$101,187,128
74$140,116,184$41,567,184$28,617,490$110,614,104
75$154,289,247$43,485,187$29,457,387$120,969,827
76$169,904,220$45,493,431$30,321,680$132,347,754
77$187,108,061$47,596,220$31,211,066$144,850,825
78$206,062,712$49,798,063$32,126,266$158,592,423
79$226,946,630$52,103,691$33,068,018$173,697,441
80$249,956,473$54,518,058$34,037,082$190,303,450
81$275,308,950$57,046,359$35,034,241$208,561,991
82$303,242,872$59,694,040$36,060,298$228,640,001
83$334,021,405$62,466,809$37,116,078$250,721,371
84$367,934,554$65,370,647$38,202,432$275,008,685
85$405,301,896$68,411,827$39,320,232$301,725,111
86$446,475,606$71,596,922$40,470,375$331,116,508
87$491,843,770$74,932,824$41,653,785$363,453,729
88$541,834,058$78,426,757$42,871,411$399,035,173
89$596,917,756$82,086,291$44,124,227$438,189,587
90$657,614,215$85,919,367$45,413,236$481,279,159
91$724,495,754$89,934,305$46,739,469$528,702,925
92$798,193,064$94,139,829$48,103,984$580,900,523
93$879,401,160$98,545,085$49,507,871$638,356,331
94$968,885,943$103,159,658$50,952,249$701,604,025
95$1,067,491,428$107,993,600$52,438,268$771,231,601
96$1,176,147,715$113,057,448$53,967,112$847,886,914
97$1,295,879,766$118,362,247$55,539,994$932,283,777
98$1,427,817,083$123,919,579$57,158,165$1,025,208,681
99$1,573,204,371$129,741,583$58,822,909$1,127,528,205
100$1,733,413,285$135,840,989$60,535,545$1,240,197,179