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

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 $14,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,112,736
2 years$584,594$573,707$563,155$552,924$543,001$515,394
3 years$385,858$374,924$364,399$354,264$344,502$317,717
4 years$286,510$275,609$265,189$255,227$245,702$219,945
5 years$226,916$216,081$205,797$196,039$186,779$162,123
6 years$187,200$176,446$166,315$156,774$147,792$124,261
7 years$158,843$148,179$138,208$128,893$120,194$97,791
8 years$137,584$127,017$117,212$108,125$99,713$78,429
9 years$121,058$110,591$100,954$92,098$83,972$63,790
10 years$107,846$97,481$88,014$79,390$71,549$52,445
11 years$97,042$86,781$77,486$69,093$61,534$43,482
12 years$88,046$77,890$68,767$60,604$53,324$36,293
13 years$80,440$70,390$61,439$53,504$46,500$30,457
14 years$73,925$63,982$55,203$47,495$40,761$25,672
15 years$68,285$58,449$49,841$42,357$35,890$21,718
16 years$63,354$53,626$45,188$37,926$31,719$18,428
17 years$59,008$49,388$41,120$34,076$28,125$15,676
18 years$55,150$45,636$37,537$30,710$25,007$13,363
19 years$51,701$42,295$34,363$27,749$22,289$11,412
20 years$48,601$39,303$31,537$25,132$19,909$9,760
21 years$45,800$36,609$29,008$22,809$17,817$8,358
22 years$43,257$34,173$26,735$20,738$15,970$7,165
23 years$40,939$31,961$24,685$18,887$14,336$6,148
24 years$38,817$29,946$22,830$17,226$12,885$5,279
25 years$36,868$28,103$21,145$15,732$11,595$4,536
26 years$35,071$26,412$19,611$14,384$10,444$3,900
27 years$33,411$24,857$18,210$13,166$9,416$3,355
28 years$31,872$23,422$16,929$12,063$8,496$2,887
29 years$30,441$22,096$15,754$11,062$7,672$2,486
30 years$29,109$20,868$14,674$10,152$6,932$2,140
31 years$27,864$19,727$13,680$9,324$6,267$1,844
32 years$26,700$18,666$12,764$8,569$5,669$1,589
33 years$25,609$17,677$11,918$7,880$5,131$1,369
34 years$24,584$16,753$11,135$7,250$4,645$1,180
35 years$23,620$15,890$10,411$6,674$4,207$1,017
36 years$22,712$15,082$9,739$6,147$3,812$877
37 years$21,854$14,325$9,115$5,663$3,455$756
38 years$21,044$13,614$8,536$5,220$3,132$652
39 years$20,277$12,945$7,997$4,813$2,840$562
40 years$19,550$12,316$7,496$4,440$2,576$485
41 years$18,861$11,724$7,029$4,096$2,337$418
42 years$18,206$11,165$6,593$3,780$2,121$361
43 years$17,583$10,638$6,187$3,490$1,925$311
44 years$16,990$10,141$5,808$3,222$1,747$268
45 years$16,426$9,670$5,453$2,976$1,586$232
46 years$15,887$9,225$5,122$2,749$1,440$200
47 years$15,373$8,803$4,812$2,539$1,308$172
48 years$14,881$8,404$4,522$2,346$1,188$149
49 years$14,411$8,025$4,250$2,169$1,079$128
50 years$13,962$7,666$3,996$2,004$980$111

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 $2,935 every year, while hoping to spend $49,604 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: 40/50/10 Blend
50$14,300,000$14,300,000$14,300,000$14,300,000
51$15,761,627$15,003,727$14,782,077$16,344,700
52$17,316,535$15,686,132$15,224,499$17,437,580
53$19,028,381$16,400,311$15,680,079$18,613,947
54$20,913,120$17,147,771$16,149,206$19,885,385
55$22,988,334$17,930,087$16,632,279$21,260,511
56$25,273,395$18,748,912$17,129,712$22,748,774
57$27,789,650$19,605,978$17,641,926$24,360,537
58$30,560,621$20,503,098$18,169,358$26,107,164
59$33,612,229$21,442,175$18,712,456$28,001,125
60$36,973,036$22,425,200$19,271,682$30,056,104
61$40,674,514$23,454,264$19,847,512$32,287,117
62$44,751,345$24,531,553$20,440,434$34,710,652
63$49,241,746$25,659,363$21,050,952$37,344,810
64$54,187,829$26,840,097$21,679,585$40,209,468
65$59,636,001$28,076,275$22,326,864$43,326,459
66$65,637,398$29,370,537$22,993,339$46,719,767
67$72,248,371$30,725,652$23,679,574$50,415,740
68$79,531,016$32,144,520$24,386,151$54,443,333
69$87,553,760$33,630,182$25,113,668$58,834,364
70$96,392,008$35,185,825$25,862,739$63,623,808
71$106,128,851$36,814,789$26,633,999$68,850,110
72$116,855,855$38,520,575$27,428,100$74,555,534
73$128,673,922$40,306,853$28,245,711$80,786,553
74$141,694,244$42,177,470$29,087,524$87,594,270
75$156,039,349$44,136,458$29,954,248$95,034,883
76$171,844,262$46,188,044$30,846,615$103,170,204
77$189,257,776$48,336,658$31,765,376$112,068,224
78$208,443,859$50,586,944$32,711,306$121,803,734
79$229,583,199$52,943,770$33,685,201$132,459,018
80$252,874,910$55,412,240$34,687,880$144,124,607
81$278,538,414$57,997,703$35,720,187$156,900,116
82$306,815,509$60,705,767$36,782,990$170,895,160
83$337,972,652$63,542,311$37,877,181$186,230,370
84$372,303,476$66,513,497$39,003,680$203,038,506
85$410,131,558$69,625,786$40,163,431$221,465,689
86$451,813,478$72,885,951$41,357,407$241,672,751
87$497,742,182$76,301,091$42,586,609$263,836,730
88$548,350,691$79,878,651$43,852,067$288,152,514
89$604,116,190$83,626,434$45,154,840$314,834,649
90$665,564,533$87,552,621$46,496,019$344,119,333
91$733,275,204$91,665,788$47,876,724$376,266,620
92$807,886,791$95,974,928$49,298,111$411,562,835
93$890,103,012$100,489,467$50,761,365$450,323,242
94$980,699,358$105,219,290$52,267,710$492,894,991
95$1,080,530,415$110,174,757$53,818,400$539,660,348
96$1,190,537,931$115,366,734$55,414,730$591,040,267
97$1,311,759,706$120,806,611$57,058,030$647,498,322
98$1,445,339,390$126,506,328$58,749,668$709,545,040
99$1,592,537,278$132,478,408$60,491,052$777,742,672
100$1,754,742,208$138,735,978$62,283,630$852,710,454