Can I retire at age 51 with 14,400,000?

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 $14,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,136,758
2 years$588,682$577,719$567,093$556,791$546,798$535,197
3 years$388,557$377,546$366,947$356,741$346,911$335,586
4 years$288,513$277,536$267,043$257,012$247,420$236,459
5 years$228,503$217,592$207,237$197,410$188,085$177,520
6 years$188,509$177,680$167,478$157,870$148,825$138,670
7 years$159,953$149,215$139,175$129,794$121,035$111,293
8 years$138,546$127,905$118,031$108,881$100,410$91,082
9 years$121,905$111,364$101,660$92,742$84,560$75,642
10 years$108,600$98,162$88,630$79,945$72,049$63,535
11 years$97,721$87,388$78,028$69,576$61,965$53,849
12 years$88,662$78,435$69,248$61,027$53,697$45,971
13 years$81,002$70,882$61,869$53,878$46,825$39,479
14 years$74,442$64,430$55,589$47,827$41,047$34,071
15 years$68,762$58,858$50,190$42,653$36,141$29,525
16 years$63,797$54,001$45,504$38,191$31,941$25,674
17 years$59,421$49,733$41,407$34,315$28,321$22,392
18 years$55,535$45,955$37,799$30,924$25,182$19,579
19 years$52,063$42,591$34,603$27,943$22,445$17,156
20 years$48,941$39,578$31,757$25,308$20,048$15,061
21 years$46,120$36,865$29,211$22,968$17,941$13,243
22 years$43,560$34,412$26,922$20,883$16,082$11,661
23 years$41,225$32,185$24,858$19,019$14,436$10,281
24 years$39,088$30,155$22,989$17,346$12,975$9,074
25 years$37,125$28,299$21,293$15,842$11,676$8,016
26 years$35,316$26,597$19,748$14,485$10,517$7,087
27 years$33,644$25,031$18,338$13,258$9,482$6,270
28 years$32,094$23,586$17,047$12,147$8,556$5,551
29 years$30,654$22,251$15,864$11,139$7,726$4,918
30 years$29,312$21,014$14,777$10,223$6,981$4,358
31 years$28,059$19,865$13,776$9,389$6,311$3,864
32 years$26,887$18,796$12,853$8,629$5,709$3,428
33 years$25,788$17,800$12,001$7,935$5,167$3,041
34 years$24,756$16,871$11,213$7,301$4,678$2,699
35 years$23,785$16,002$10,483$6,721$4,237$2,397
36 years$22,871$15,188$9,807$6,190$3,839$2,128
37 years$22,007$14,425$9,179$5,703$3,479$1,890
38 years$21,191$13,709$8,596$5,257$3,154$1,679
39 years$20,419$13,036$8,053$4,847$2,860$1,492
40 years$19,687$12,402$7,548$4,471$2,594$1,326
41 years$18,993$11,806$7,078$4,125$2,354$1,178
42 years$18,333$11,244$6,639$3,807$2,136$1,047
43 years$17,706$10,713$6,230$3,514$1,938$931
44 years$17,109$10,212$5,848$3,245$1,759$828
45 years$16,540$9,738$5,491$2,996$1,597$736
46 years$15,998$9,289$5,157$2,768$1,450$654
47 years$15,480$8,865$4,845$2,557$1,317$582
48 years$14,985$8,463$4,553$2,363$1,196$517
49 years$14,512$8,081$4,280$2,184$1,086$460
50 years$14,059$7,720$4,024$2,018$987$409

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $14,400,000, adding $5,465 every year, while hoping to spend $40,519 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: 59/19/22 Blend
50$14,400,000$14,400,000$14,400,000$14,400,000
51$15,874,437$15,111,237$14,888,037$16,717,722
52$17,450,518$15,808,576$15,343,674$17,988,790
53$19,186,001$16,538,726$15,813,218$19,369,557
54$21,097,102$17,303,253$16,297,090$20,874,620
55$23,201,691$18,103,797$16,795,727$22,516,024
56$25,519,457$18,942,077$17,309,577$24,307,016
57$28,072,098$19,819,895$17,839,105$26,262,167
58$30,883,523$20,739,140$18,384,785$28,397,507
59$33,980,077$21,701,793$18,947,111$30,730,673
60$37,390,793$22,709,929$19,526,586$33,281,068
61$41,147,661$23,765,722$20,123,734$36,070,046
62$45,285,934$24,871,455$20,739,091$39,121,104
63$49,844,459$26,029,516$21,373,211$42,460,101
64$54,866,044$27,242,412$22,026,663$46,115,500
65$60,397,860$28,512,770$22,700,036$50,118,627
66$66,491,889$29,843,343$23,393,934$54,503,967
67$73,205,413$31,237,018$24,108,982$59,309,481
68$80,601,553$32,696,820$24,845,821$64,576,958
69$88,749,869$34,225,922$25,605,114$70,352,407
70$97,727,013$35,827,649$26,387,542$76,686,484
71$107,617,452$37,505,487$27,193,809$83,634,963
72$118,514,268$39,263,092$28,024,637$91,259,256
73$130,520,033$41,104,293$28,880,772$99,626,989
74$143,747,782$43,033,109$29,762,984$108,812,627
75$158,322,075$45,053,751$30,672,063$118,898,179
76$174,380,174$47,170,632$31,608,824$129,973,954
77$192,073,340$49,388,382$32,574,109$142,139,413
78$211,568,261$51,711,852$33,568,781$155,504,097
79$233,048,622$54,146,131$34,593,734$170,188,651
80$256,716,843$56,696,553$35,649,885$186,325,958
81$282,795,985$59,368,709$36,738,181$204,062,376
82$311,531,862$62,168,462$37,859,596$223,559,120
83$343,195,355$65,101,959$39,015,136$244,993,765
84$378,084,972$68,175,647$40,205,834$268,561,915
85$416,529,667$71,396,281$41,432,757$294,479,039
86$458,891,941$74,770,947$42,697,002$322,982,489
87$505,571,270$78,307,073$43,999,702$354,333,734
88$557,007,868$82,012,449$45,342,021$388,820,813
89$613,686,852$85,895,241$46,725,161$426,761,037
90$676,142,815$89,964,011$48,150,357$468,503,977
91$744,964,872$94,227,737$49,618,884$514,434,743
92$820,802,227$98,695,835$51,132,055$564,977,611
93$904,370,297$103,378,173$52,691,221$620,600,004
94$996,457,467$108,285,103$54,297,776$681,816,895
95$1,097,932,532$113,427,477$55,953,155$749,195,647
96$1,209,752,900$118,816,673$57,658,836$823,361,351
97$1,332,973,630$124,464,625$59,416,342$905,002,712
98$1,468,757,392$130,383,843$61,227,241$994,878,523
99$1,618,385,442$136,587,447$63,093,149$1,093,824,815
100$1,783,269,719$143,089,193$65,015,731$1,202,762,723