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

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 $14,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,136,284
2 years$588,682$577,719$567,093$556,791$546,798$534,722
3 years$388,557$377,546$366,947$356,741$346,911$335,125
4 years$288,513$277,536$267,043$257,012$247,420$236,015
5 years$228,503$217,592$207,237$197,410$188,085$177,095
6 years$188,509$177,680$167,478$157,870$148,825$138,263
7 years$159,953$149,215$139,175$129,794$121,035$110,905
8 years$138,546$127,905$118,031$108,881$100,410$90,712
9 years$121,905$111,364$101,660$92,742$84,560$75,290
10 years$108,600$98,162$88,630$79,945$72,049$63,202
11 years$97,721$87,388$78,028$69,576$61,965$53,533
12 years$88,662$78,435$69,248$61,027$53,697$45,672
13 years$81,002$70,882$61,869$53,878$46,825$39,197
14 years$74,442$64,430$55,589$47,827$41,047$33,805
15 years$68,762$58,858$50,190$42,653$36,141$29,275
16 years$63,797$54,001$45,504$38,191$31,941$25,440
17 years$59,421$49,733$41,407$34,315$28,321$22,172
18 years$55,535$45,955$37,799$30,924$25,182$19,372
19 years$52,063$42,591$34,603$27,943$22,445$16,963
20 years$48,941$39,578$31,757$25,308$20,048$14,880
21 years$46,120$36,865$29,211$22,968$17,941$13,075
22 years$43,560$34,412$26,922$20,883$16,082$11,504
23 years$41,225$32,185$24,858$19,019$14,436$10,135
24 years$39,088$30,155$22,989$17,346$12,975$8,938
25 years$37,125$28,299$21,293$15,842$11,676$7,890
26 years$35,316$26,597$19,748$14,485$10,517$6,970
27 years$33,644$25,031$18,338$13,258$9,482$6,162
28 years$32,094$23,586$17,047$12,147$8,556$5,451
29 years$30,654$22,251$15,864$11,139$7,726$4,825
30 years$29,312$21,014$14,777$10,223$6,981$4,273
31 years$28,059$19,865$13,776$9,389$6,311$3,785
32 years$26,887$18,796$12,853$8,629$5,709$3,355
33 years$25,788$17,800$12,001$7,935$5,167$2,974
34 years$24,756$16,871$11,213$7,301$4,678$2,638
35 years$23,785$16,002$10,483$6,721$4,237$2,340
36 years$22,871$15,188$9,807$6,190$3,839$2,076
37 years$22,007$14,425$9,179$5,703$3,479$1,842
38 years$21,191$13,709$8,596$5,257$3,154$1,635
39 years$20,419$13,036$8,053$4,847$2,860$1,452
40 years$19,687$12,402$7,548$4,471$2,594$1,289
41 years$18,993$11,806$7,078$4,125$2,354$1,145
42 years$18,333$11,244$6,639$3,807$2,136$1,016
43 years$17,706$10,713$6,230$3,514$1,938$903
44 years$17,109$10,212$5,848$3,245$1,759$802
45 years$16,540$9,738$5,491$2,996$1,597$712
46 years$15,998$9,289$5,157$2,768$1,450$633
47 years$15,480$8,865$4,845$2,557$1,317$562
48 years$14,985$8,463$4,553$2,363$1,196$500
49 years$14,512$8,081$4,280$2,184$1,086$444
50 years$14,059$7,720$4,024$2,018$987$394

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 $6,608 every year, while hoping to spend $57,413 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: 64/31/5 Blend
50$14,400,000$14,400,000$14,400,000$14,400,000
51$15,875,616$15,112,416$14,889,216$16,880,002
52$17,433,842$15,791,838$15,326,918$18,228,124
53$19,149,083$16,502,626$15,777,358$19,692,425
54$21,037,293$17,246,259$16,240,904$21,290,081
55$23,116,053$18,024,282$16,717,931$23,034,013
56$25,404,736$18,838,317$17,208,826$24,938,431
57$27,924,685$19,690,061$17,713,988$27,018,963
58$30,699,422$20,581,293$18,233,826$29,292,796
59$33,754,865$21,513,878$18,768,760$31,778,839
60$37,119,571$22,489,768$19,319,225$34,497,891
61$40,825,012$23,511,011$19,885,663$37,472,836
62$44,905,864$24,579,752$20,468,534$40,728,852
63$49,400,339$25,698,236$21,068,306$44,293,644
64$54,350,544$26,868,820$21,685,465$48,197,700
65$59,802,878$28,093,971$22,320,506$52,474,574
66$65,808,470$29,376,274$22,973,942$57,161,193
67$72,423,662$30,718,440$23,646,297$62,298,203
68$79,710,540$32,123,307$24,338,112$67,930,342
69$87,737,519$33,593,853$25,049,943$74,106,860
70$96,579,989$35,133,195$25,782,359$80,881,971
71$106,321,028$36,744,602$26,535,949$88,315,363
72$117,052,185$38,431,499$27,311,315$96,472,747
73$128,874,341$40,197,477$28,109,077$105,426,474
74$141,898,667$42,046,296$28,929,874$115,256,206
75$156,247,667$43,981,900$29,774,361$126,049,660
76$172,056,338$46,008,423$30,643,211$137,903,424
77$189,473,443$48,130,194$31,537,117$150,923,864
78$208,662,915$50,351,754$32,456,791$165,228,111
79$229,805,403$52,677,860$33,402,964$180,945,159
80$253,099,979$55,113,500$34,376,388$198,217,070
81$278,766,016$57,663,901$35,377,837$217,200,304
82$307,045,258$60,334,541$36,408,103$238,067,182
83$338,204,105$63,131,164$37,468,005$261,007,498
84$372,536,121$66,059,788$38,558,380$286,230,300
85$410,364,811$69,126,724$39,680,092$313,965,846
86$452,046,673$72,338,584$40,834,027$344,467,764
87$497,974,562$75,702,303$42,021,094$378,015,429
88$548,581,398$79,225,146$43,242,231$414,916,581
89$604,344,254$82,914,732$44,498,399$455,510,220
90$665,788,859$86,779,045$45,790,587$500,169,779
91$733,494,561$90,826,456$47,119,810$549,306,635
92$808,099,794$95,065,741$48,487,112$603,373,972
93$890,308,108$99,506,097$49,893,565$662,871,037
94$980,894,807$104,157,168$51,340,272$728,347,828
95$1,080,714,271$109,029,063$52,828,365$800,410,270
96$1,190,708,019$114,132,379$54,359,006$879,725,903
97$1,311,913,596$119,478,225$55,933,393$967,030,163
98$1,445,474,373$125,078,248$57,552,752$1,063,133,299
99$1,592,650,336$130,944,659$59,218,346$1,168,927,987
100$1,754,829,980$137,090,258$60,931,470$1,285,397,739