Can I retire at age 51 with 14,300,000?

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 $14,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,104,685
2 years$584,594$573,707$563,155$552,924$543,001$507,435
3 years$385,858$374,924$364,399$354,264$344,502$310,102
4 years$286,510$275,609$265,189$255,227$245,702$212,731
5 years$226,916$216,081$205,797$196,039$186,779$155,327
6 years$187,200$176,446$166,315$156,774$147,792$117,886
7 years$158,843$148,179$138,208$128,893$120,194$91,832
8 years$137,584$127,017$117,212$108,125$99,713$72,875
9 years$121,058$110,591$100,954$92,098$83,972$58,630
10 years$107,846$97,481$88,014$79,390$71,549$47,664
11 years$97,042$86,781$77,486$69,093$61,534$39,064
12 years$88,046$77,890$68,767$60,604$53,324$32,221
13 years$80,440$70,390$61,439$53,504$46,500$26,714
14 years$73,925$63,982$55,203$47,495$40,761$22,240
15 years$68,285$58,449$49,841$42,357$35,890$18,577
16 years$63,354$53,626$45,188$37,926$31,719$15,561
17 years$59,008$49,388$41,120$34,076$28,125$13,065
18 years$55,150$45,636$37,537$30,710$25,007$10,990
19 years$51,701$42,295$34,363$27,749$22,289$9,259
20 years$48,601$39,303$31,537$25,132$19,909$7,811
21 years$45,800$36,609$29,008$22,809$17,817$6,597
22 years$43,257$34,173$26,735$20,738$15,970$5,576
23 years$40,939$31,961$24,685$18,887$14,336$4,717
24 years$38,817$29,946$22,830$17,226$12,885$3,994
25 years$36,868$28,103$21,145$15,732$11,595$3,383
26 years$35,071$26,412$19,611$14,384$10,444$2,866
27 years$33,411$24,857$18,210$13,166$9,416$2,430
28 years$31,872$23,422$16,929$12,063$8,496$2,061
29 years$30,441$22,096$15,754$11,062$7,672$1,748
30 years$29,109$20,868$14,674$10,152$6,932$1,483
31 years$27,864$19,727$13,680$9,324$6,267$1,259
32 years$26,700$18,666$12,764$8,569$5,669$1,068
33 years$25,609$17,677$11,918$7,880$5,131$907
34 years$24,584$16,753$11,135$7,250$4,645$770
35 years$23,620$15,890$10,411$6,674$4,207$654
36 years$22,712$15,082$9,739$6,147$3,812$555
37 years$21,854$14,325$9,115$5,663$3,455$472
38 years$21,044$13,614$8,536$5,220$3,132$400
39 years$20,277$12,945$7,997$4,813$2,840$340
40 years$19,550$12,316$7,496$4,440$2,576$289
41 years$18,861$11,724$7,029$4,096$2,337$245
42 years$18,206$11,165$6,593$3,780$2,121$208
43 years$17,583$10,638$6,187$3,490$1,925$177
44 years$16,990$10,141$5,808$3,222$1,747$150
45 years$16,426$9,670$5,453$2,976$1,586$128
46 years$15,887$9,225$5,122$2,749$1,440$109
47 years$15,373$8,803$4,812$2,539$1,308$92
48 years$14,881$8,404$4,522$2,346$1,188$78
49 years$14,411$8,025$4,250$2,169$1,079$67
50 years$13,962$7,666$3,996$2,004$980$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $14,300,000, adding $6,297 every year, while hoping to spend $24,159 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: 78/17/5 Blend
50$14,300,000$14,300,000$14,300,000$14,300,000
51$15,765,095$15,007,195$14,785,545$16,990,740
52$17,347,430$15,716,843$15,255,156$18,504,554
53$19,090,353$16,460,454$15,739,689$20,160,420
54$21,010,219$17,239,666$16,239,619$21,975,526
55$23,125,050$18,056,198$16,755,435$23,965,694
56$25,454,705$18,911,852$17,287,642$26,148,342
57$28,021,069$19,808,516$17,836,761$28,542,645
58$30,848,255$20,748,171$18,403,330$31,169,713
59$33,962,840$21,732,893$18,987,904$34,052,786
60$37,394,106$22,764,862$19,591,055$37,217,454
61$41,174,323$23,846,358$20,213,374$40,691,892
62$45,339,052$24,979,778$20,855,471$44,507,126
63$49,927,480$26,167,632$21,517,973$48,697,318
64$54,982,788$27,412,551$22,201,530$53,300,090
65$60,552,563$28,717,296$22,906,812$58,356,871
66$66,689,243$30,084,762$23,634,509$63,913,289
67$73,450,614$31,517,984$24,385,333$70,019,590
68$80,900,356$33,020,145$25,160,021$76,731,118
69$89,108,642$34,594,581$25,959,332$84,108,825
70$98,152,801$36,244,793$26,784,047$92,219,845
71$108,118,049$37,974,451$27,634,975$101,138,122
72$119,098,293$39,787,402$28,512,949$110,945,104
73$131,197,016$41,687,681$29,418,830$121,730,506
74$144,528,256$43,679,522$30,353,505$133,593,149
75$159,217,681$45,767,361$31,317,890$146,641,893
76$175,403,774$47,955,851$32,312,929$160,996,652
77$193,239,144$50,249,873$33,339,597$176,789,521
78$212,891,964$52,654,544$34,398,901$194,166,021
79$234,547,558$55,175,231$35,491,878$213,286,460
80$258,410,152$57,817,560$36,619,599$234,327,440
81$284,704,801$60,587,434$37,783,169$257,483,520
82$313,679,513$63,491,041$38,983,728$282,969,042
83$345,607,594$66,534,872$40,222,453$311,020,144
84$380,790,221$69,725,733$41,500,557$341,896,984
85$419,559,291$73,070,762$42,819,294$375,886,187
86$462,280,553$76,577,443$44,179,954$413,303,535
87$509,357,059$80,253,628$45,583,873$454,496,947
88$561,232,972$84,107,549$47,032,425$499,849,745
89$618,397,755$88,147,838$48,527,032$549,784,266
90$681,390,795$92,383,551$50,069,156$604,765,836
91$750,806,494$96,824,183$51,660,310$665,307,150
92$827,299,880$101,479,692$53,302,054$731,973,102
93$911,592,791$106,360,520$54,995,997$805,386,101
94$1,004,480,692$111,477,622$56,743,799$886,231,934
95$1,106,840,180$116,842,483$58,547,174$975,266,227
96$1,219,637,263$122,467,149$60,407,889$1,073,321,562
97$1,343,936,480$128,364,255$62,327,769$1,181,315,321
98$1,480,910,947$134,547,050$64,308,695$1,300,258,329
99$1,631,853,437$141,029,429$66,352,610$1,431,264,380
100$1,798,188,584$147,825,967$68,461,518$1,575,560,734