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

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,138,502
2 years$592,771$581,731$571,031$560,658$550,595$532,757
3 years$391,255$380,167$369,495$359,219$349,320$331,947
4 years$290,517$279,463$268,898$258,797$249,138$232,364
5 years$230,090$219,103$208,676$198,781$189,391$173,264
6 years$189,818$178,914$168,641$158,967$149,859$134,398
7 years$161,064$150,252$140,141$130,695$121,875$107,086
8 years$139,508$128,793$118,851$109,637$101,107$86,987
9 years$122,752$112,138$102,366$93,386$85,147$71,688
10 years$109,354$98,844$89,245$80,500$72,549$59,742
11 years$98,400$87,995$78,570$70,059$62,395$50,225
12 years$89,277$78,980$69,729$61,451$54,070$42,524
13 years$81,565$71,374$62,298$54,252$47,150$36,210
14 years$74,959$64,877$55,975$48,159$41,332$30,981
15 years$69,240$59,267$50,538$42,949$36,392$26,611
16 years$64,240$54,376$45,820$38,457$32,163$22,933
17 years$59,834$50,078$41,695$34,553$28,518$19,819
18 years$55,921$46,275$38,062$31,139$25,357$17,168
19 years$52,424$42,887$34,844$28,137$22,601$14,902
20 years$49,281$39,852$31,978$25,483$20,188$12,957
21 years$46,441$37,121$29,413$23,128$18,066$11,283
22 years$43,862$34,651$27,109$21,028$16,193$9,838
23 years$41,511$32,408$25,030$19,151$14,536$8,587
24 years$39,360$30,365$23,149$17,467$13,065$7,503
25 years$37,383$28,496$21,441$15,952$11,757$6,560
26 years$35,562$26,781$19,885$14,585$10,590$5,741
27 years$33,878$25,204$18,465$13,350$9,548$5,027
28 years$32,317$23,750$17,166$12,232$8,615$4,404
29 years$30,867$22,405$15,974$11,217$7,779$3,860
30 years$29,516$21,160$14,879$10,294$7,029$3,385
31 years$28,254$20,003$13,871$9,454$6,355$2,969
32 years$27,074$18,927$12,942$8,689$5,749$2,606
33 years$25,967$17,924$12,084$7,990$5,202$2,287
34 years$24,928$16,988$11,291$7,352$4,710$2,008
35 years$23,951$16,113$10,556$6,768$4,266$1,763
36 years$23,029$15,293$9,875$6,233$3,865$1,549
37 years$22,160$14,525$9,243$5,743$3,503$1,360
38 years$21,338$13,804$8,656$5,293$3,176$1,195
39 years$20,561$13,126$8,109$4,881$2,880$1,050
40 years$19,824$12,489$7,601$4,502$2,612$923
41 years$19,125$11,888$7,127$4,153$2,370$811
42 years$18,461$11,322$6,686$3,833$2,151$713
43 years$17,829$10,787$6,273$3,538$1,952$627
44 years$17,228$10,282$5,889$3,267$1,772$551
45 years$16,655$9,805$5,529$3,017$1,608$484
46 years$16,109$9,354$5,193$2,787$1,460$426
47 years$15,588$8,926$4,879$2,575$1,326$374
48 years$15,089$8,521$4,585$2,379$1,204$329
49 years$14,613$8,138$4,310$2,199$1,094$289
50 years$14,157$7,773$4,052$2,032$993$255

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 $6,210 every year, while hoping to spend $35,955 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: 56/23/21 Blend
50$14,500,000$14,500,000$14,500,000$14,500,000
51$15,985,406$15,216,906$14,992,156$16,789,636
52$17,577,661$15,924,278$15,456,137$18,046,985
53$19,331,122$16,665,107$15,934,457$19,411,723
54$21,262,192$17,440,993$16,427,557$20,897,737
55$23,388,950$18,253,616$16,935,894$22,516,687
56$25,731,314$19,104,734$17,459,938$24,281,392
57$28,311,235$19,996,193$18,000,173$26,205,948
58$31,152,901$20,929,927$18,557,099$28,305,857
59$34,282,965$21,907,962$19,131,230$30,598,169
60$37,730,799$22,932,423$19,723,097$33,101,637
61$41,528,767$24,005,538$20,333,248$35,836,890
62$45,712,535$25,129,643$20,962,245$38,826,624
63$50,321,404$26,307,186$21,610,671$42,095,810
64$55,398,683$27,540,734$22,279,124$45,671,924
65$60,992,095$28,832,977$22,968,222$49,585,201
66$67,154,233$30,186,737$23,678,601$53,868,913
67$73,943,048$31,604,970$24,410,917$58,559,683
68$81,422,403$33,090,778$25,165,847$63,697,814
69$89,662,673$34,647,411$25,944,088$69,327,674
70$98,741,410$36,278,278$26,746,359$75,498,097
71$108,744,071$37,986,951$27,573,399$82,262,847
72$119,764,831$39,777,177$28,425,973$89,681,108
73$131,907,468$41,652,883$29,304,868$97,818,044
74$145,286,343$43,618,187$30,210,894$106,745,398
75$160,027,479$45,677,407$31,144,888$116,542,165
76$176,269,752$47,835,070$32,107,711$127,295,327
77$194,166,199$50,095,921$33,100,252$139,100,666
78$213,885,468$52,464,938$34,123,427$152,063,656
79$235,613,403$54,947,337$35,178,179$166,300,450
80$259,554,804$57,548,590$36,265,482$181,938,964
81$285,935,355$60,274,432$37,386,337$199,120,075
82$315,003,761$63,130,879$38,541,778$217,998,939
83$347,034,088$66,124,235$39,732,872$238,746,441
84$382,328,357$69,261,115$40,960,715$261,550,798
85$421,219,390$72,548,451$42,226,440$286,619,320
86$464,073,956$75,993,512$43,531,213$314,180,354
87$511,296,228$79,603,923$44,876,237$344,485,424
88$563,331,603$83,387,675$46,262,752$377,811,592
89$620,670,907$87,353,151$47,692,034$414,464,056
90$683,855,023$91,509,139$49,165,401$454,779,011
91$753,480,003$95,864,855$50,684,209$499,126,812
92$830,202,691$100,429,961$52,249,858$547,915,446
93$914,746,927$105,214,591$53,863,790$601,594,367
94$1,007,910,378$110,229,370$55,527,491$660,658,717
95$1,110,572,067$115,485,440$57,242,493$725,653,980
96$1,223,700,676$120,994,484$59,010,374$797,181,111
97$1,348,363,686$126,768,755$60,832,763$875,902,184
98$1,485,737,457$132,821,099$62,711,336$962,546,618
99$1,637,118,335$139,164,990$64,647,822$1,057,918,040
100$1,803,934,885$145,814,554$66,644,005$1,162,901,841