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%14.5%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,134,762
2 years$592,771$581,731$571,031$560,658$550,595$529,027
3 years$391,255$380,167$369,495$359,219$349,320$328,343
4 years$290,517$279,463$268,898$258,797$249,138$228,914
5 years$230,090$219,103$208,676$198,781$189,391$169,978
6 years$189,818$178,914$168,641$158,967$149,859$131,278
7 years$161,064$150,252$140,141$130,695$121,875$104,132
8 years$139,508$128,793$118,851$109,637$101,107$84,197
9 years$122,752$112,138$102,366$93,386$85,147$69,060
10 years$109,354$98,844$89,245$80,500$72,549$57,270
11 years$98,400$87,995$78,570$70,059$62,395$47,906
12 years$89,277$78,980$69,729$61,451$54,070$40,351
13 years$81,565$71,374$62,298$54,252$47,150$34,180
14 years$74,959$64,877$55,975$48,159$41,332$29,086
15 years$69,240$59,267$50,538$42,949$36,392$24,847
16 years$64,240$54,376$45,820$38,457$32,163$21,293
17 years$59,834$50,078$41,695$34,553$28,518$18,297
18 years$55,921$46,275$38,062$31,139$25,357$15,758
19 years$52,424$42,887$34,844$28,137$22,601$13,597
20 years$49,281$39,852$31,978$25,483$20,188$11,752
21 years$46,441$37,121$29,413$23,128$18,066$10,172
22 years$43,862$34,651$27,109$21,028$16,193$8,815
23 years$41,511$32,408$25,030$19,151$14,536$7,647
24 years$39,360$30,365$23,149$17,467$13,065$6,639
25 years$37,383$28,496$21,441$15,952$11,757$5,769
26 years$35,562$26,781$19,885$14,585$10,590$5,016
27 years$33,878$25,204$18,465$13,350$9,548$4,364
28 years$32,317$23,750$17,166$12,232$8,615$3,799
29 years$30,867$22,405$15,974$11,217$7,779$3,308
30 years$29,516$21,160$14,879$10,294$7,029$2,882
31 years$28,254$20,003$13,871$9,454$6,355$2,511
32 years$27,074$18,927$12,942$8,689$5,749$2,189
33 years$25,967$17,924$12,084$7,990$5,202$1,909
34 years$24,928$16,988$11,291$7,352$4,710$1,664
35 years$23,951$16,113$10,556$6,768$4,266$1,452
36 years$23,029$15,293$9,875$6,233$3,865$1,267
37 years$22,160$14,525$9,243$5,743$3,503$1,105
38 years$21,338$13,804$8,656$5,293$3,176$964
39 years$20,561$13,126$8,109$4,881$2,880$842
40 years$19,824$12,489$7,601$4,502$2,612$734
41 years$19,125$11,888$7,127$4,153$2,370$641
42 years$18,461$11,322$6,686$3,833$2,151$560
43 years$17,829$10,787$6,273$3,538$1,952$489
44 years$17,228$10,282$5,889$3,267$1,772$427
45 years$16,655$9,805$5,529$3,017$1,608$372
46 years$16,109$9,354$5,193$2,787$1,460$325
47 years$15,588$8,926$4,879$2,575$1,326$284
48 years$15,089$8,521$4,585$2,379$1,204$248
49 years$14,613$8,138$4,310$2,199$1,094$216
50 years$14,157$7,773$4,052$2,032$993$189

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 $3,588 every year, while hoping to spend $48,577 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: 68/21/11 Blend
50$14,500,000$14,500,000$14,500,000$14,500,000
51$15,982,701$15,214,201$14,989,451$17,032,100
52$17,561,251$15,908,011$15,439,912$18,423,668
53$19,299,185$16,634,190$15,903,835$19,938,853
54$21,212,709$17,394,273$16,381,621$21,594,667
55$23,319,680$18,189,867$16,873,680$23,404,892
56$25,639,775$19,022,658$17,380,436$25,384,694
57$28,194,677$19,894,413$17,902,325$27,550,759
58$31,008,277$20,806,983$18,439,797$29,921,449
59$34,106,904$21,762,307$18,993,312$32,516,974
60$37,519,568$22,762,420$19,563,348$35,359,576
61$41,278,237$23,809,451$20,150,393$38,473,735
62$45,418,138$24,905,635$20,754,952$41,886,398
63$49,978,088$26,053,312$21,377,544$45,627,229
64$55,000,864$27,254,935$22,018,702$49,728,882
65$60,533,600$28,513,075$22,678,977$54,227,310
66$66,628,239$29,830,428$23,358,934$59,162,092
67$73,342,018$31,209,817$24,059,157$64,576,809
68$80,738,010$32,654,204$24,780,245$70,519,447
69$88,885,719$34,166,692$25,522,815$77,042,842
70$97,861,736$35,750,533$26,287,503$84,205,178
71$107,750,461$37,409,138$27,074,962$92,070,526
72$118,644,901$39,146,079$27,885,867$100,709,447
73$130,647,547$40,965,102$28,720,909$110,199,646
74$143,871,340$42,870,136$29,580,803$120,626,705
75$158,440,739$44,865,294$30,466,282$132,084,877
76$174,492,894$46,954,893$31,378,102$144,677,975
77$192,178,942$49,143,456$32,317,041$158,520,339
78$211,665,431$51,435,722$33,283,899$173,737,910
79$233,135,895$53,836,663$34,279,500$190,469,409
80$256,792,586$56,351,489$35,304,692$208,867,640
81$282,858,379$58,985,661$36,360,349$229,100,920
82$311,578,881$61,744,906$37,447,368$251,354,661
83$343,224,746$64,635,225$38,566,674$275,833,107
84$378,094,231$67,662,912$39,719,218$302,761,255
85$416,516,011$70,834,563$40,905,981$332,386,967
86$458,852,282$74,157,095$42,127,969$364,983,294
87$505,502,179$77,637,757$43,386,220$400,851,050
88$556,905,545$81,284,151$44,681,803$440,321,631
89$613,547,082$85,104,246$46,015,814$483,760,133
90$675,960,927$89,106,396$47,389,386$531,568,787
91$744,735,693$93,299,361$48,803,682$584,190,740
92$820,520,028$97,692,324$50,259,900$642,114,219
93$904,028,736$102,294,913$51,759,272$705,877,134
94$996,049,526$107,117,222$53,303,066$776,072,130
95$1,097,450,446$112,169,835$54,892,588$853,352,168
96$1,209,188,083$117,463,848$56,529,180$938,436,672
97$1,332,316,585$123,010,894$58,214,226$1,032,118,301
98$1,467,997,622$128,823,173$59,949,147$1,135,270,412
99$1,617,511,343$134,913,473$61,735,408$1,248,855,282
100$1,782,268,470$141,295,203$63,574,514$1,373,933,176