Can I retire at age 51 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,128,757
2 years$592,771$581,731$571,031$560,658$550,595$523,057
3 years$391,255$380,167$369,495$359,219$349,320$322,597
4 years$290,517$279,463$268,898$258,797$249,138$223,437
5 years$230,090$219,103$208,676$198,781$189,391$164,782
6 years$189,818$178,914$168,641$158,967$149,859$126,368
7 years$161,064$150,252$140,141$130,695$121,875$99,506
8 years$139,508$128,793$118,851$109,637$101,107$79,851
9 years$122,752$112,138$102,366$93,386$85,147$64,986
10 years$109,354$98,844$89,245$80,500$72,549$53,461
11 years$98,400$87,995$78,570$70,059$62,395$44,353
12 years$89,277$78,980$69,729$61,451$54,070$37,044
13 years$81,565$71,374$62,298$54,252$47,150$31,108
14 years$74,959$64,877$55,975$48,159$41,332$26,239
15 years$69,240$59,267$50,538$42,949$36,392$22,213
16 years$64,240$54,376$45,820$38,457$32,163$18,862
17 years$59,834$50,078$41,695$34,553$28,518$16,057
18 years$55,921$46,275$38,062$31,139$25,357$13,697
19 years$52,424$42,887$34,844$28,137$22,601$11,706
20 years$49,281$39,852$31,978$25,483$20,188$10,019
21 years$46,441$37,121$29,413$23,128$18,066$8,586
22 years$43,862$34,651$27,109$21,028$16,193$7,366
23 years$41,511$32,408$25,030$19,151$14,536$6,326
24 years$39,360$30,365$23,149$17,467$13,065$5,436
25 years$37,383$28,496$21,441$15,952$11,757$4,675
26 years$35,562$26,781$19,885$14,585$10,590$4,023
27 years$33,878$25,204$18,465$13,350$9,548$3,463
28 years$32,317$23,750$17,166$12,232$8,615$2,983
29 years$30,867$22,405$15,974$11,217$7,779$2,570
30 years$29,516$21,160$14,879$10,294$7,029$2,215
31 years$28,254$20,003$13,871$9,454$6,355$1,909
32 years$27,074$18,927$12,942$8,689$5,749$1,647
33 years$25,967$17,924$12,084$7,990$5,202$1,420
34 years$24,928$16,988$11,291$7,352$4,710$1,225
35 years$23,951$16,113$10,556$6,768$4,266$1,057
36 years$23,029$15,293$9,875$6,233$3,865$912
37 years$22,160$14,525$9,243$5,743$3,503$787
38 years$21,338$13,804$8,656$5,293$3,176$679
39 years$20,561$13,126$8,109$4,881$2,880$586
40 years$19,824$12,489$7,601$4,502$2,612$506
41 years$19,125$11,888$7,127$4,153$2,370$437
42 years$18,461$11,322$6,686$3,833$2,151$377
43 years$17,829$10,787$6,273$3,538$1,952$326
44 years$17,228$10,282$5,889$3,267$1,772$281
45 years$16,655$9,805$5,529$3,017$1,608$243
46 years$16,109$9,354$5,193$2,787$1,460$209
47 years$15,588$8,926$4,879$2,575$1,326$181
48 years$15,089$8,521$4,585$2,379$1,204$156
49 years$14,613$8,138$4,310$2,199$1,094$135
50 years$14,157$7,773$4,052$2,032$993$116

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $14,500,000, adding $5,640 every year, while hoping to spend $24,230 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: 38/47/15 Blend
50$14,500,000$14,500,000$14,500,000$14,500,000
51$15,984,818$15,216,318$14,991,568$16,519,582
52$17,589,489$15,936,137$15,468,005$17,622,418
53$19,357,024$16,690,415$15,959,590$18,810,735
54$21,304,010$17,480,815$16,466,806$20,094,433
55$23,448,725$18,309,080$16,990,150$21,482,102
56$25,811,309$19,177,040$17,530,134$22,983,159
57$28,413,957$20,086,610$18,087,289$24,607,923
58$31,281,128$21,039,800$18,662,160$26,367,714
59$34,439,771$22,038,719$19,255,311$28,274,943
60$37,919,588$23,085,576$19,867,323$30,343,227
61$41,753,304$24,182,688$20,498,797$32,587,508
62$45,976,987$25,332,485$21,150,352$35,024,180
63$50,630,377$26,537,514$21,822,627$37,671,243
64$55,757,271$27,800,448$22,516,280$40,548,455
65$61,405,930$29,124,088$23,231,993$43,677,514
66$67,629,537$30,511,370$23,970,467$47,082,246
67$74,486,698$31,965,375$24,732,426$50,788,826
68$82,041,997$33,489,334$25,518,617$54,826,006
69$90,366,602$35,086,633$26,329,813$59,225,378
70$99,538,941$36,760,823$27,166,807$64,021,660
71$109,645,439$38,515,630$28,030,421$69,253,006
72$120,781,336$40,354,958$28,921,503$74,961,356
73$133,051,585$42,282,903$29,840,925$81,192,815
74$146,571,841$44,303,761$30,789,591$87,998,071
75$161,469,557$46,422,033$31,768,430$95,432,863
76$177,885,182$48,642,443$32,778,404$103,558,481
77$195,973,492$50,969,944$33,820,501$112,442,335
78$215,905,047$53,409,730$34,895,746$122,158,567
79$237,867,800$55,967,245$36,005,193$132,788,736
80$262,068,879$58,648,203$37,149,930$144,422,560
81$288,736,532$61,458,593$38,331,080$157,158,750
82$318,122,290$64,404,696$39,549,803$171,105,913
83$350,503,336$67,493,098$40,807,293$186,383,555
84$386,185,125$70,730,708$42,104,786$203,123,185
85$425,504,265$74,124,770$43,443,554$221,469,532
86$468,831,698$77,682,882$44,824,911$241,581,879
87$516,576,197$81,413,009$46,250,212$263,635,544
88$569,188,231$85,323,509$47,720,856$287,823,500
89$627,164,213$89,423,143$49,238,286$314,358,170
90$691,051,186$93,721,100$50,803,992$343,473,395
91$761,451,991$98,227,018$52,419,510$375,426,611
92$839,030,957$102,951,005$54,086,426$410,501,241
93$924,520,169$107,903,658$55,806,376$449,009,333
94$1,018,726,384$113,096,096$57,581,048$491,294,468
95$1,122,538,646$118,539,975$59,412,184$537,734,958
96$1,236,936,677$124,247,523$61,301,581$588,747,379
97$1,363,000,129$130,231,562$63,251,094$644,790,457
98$1,501,918,773$136,505,540$65,262,638$706,369,346
99$1,655,003,738$143,083,561$67,338,185$774,040,355
100$1,823,699,880$149,980,417$69,479,775$848,416,141