Can I retire at age 51 with 14,600,000?

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 $14,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$1,205,654$1,194,915$1,184,437$1,174,210$1,164,225$1,136,080
2 years$596,859$585,743$574,970$564,524$554,393$526,206
3 years$393,953$382,789$372,043$361,696$351,729$324,383
4 years$292,520$281,391$270,752$260,582$250,856$224,560
5 years$231,677$220,614$210,115$200,152$190,697$165,524
6 years$191,127$180,148$169,804$160,063$150,892$126,868
7 years$162,175$151,288$141,108$131,597$122,716$99,843
8 years$140,471$129,682$119,671$110,393$101,804$80,074
9 years$123,598$112,911$103,072$94,030$85,734$65,128
10 years$110,108$99,526$89,861$81,055$73,050$53,545
11 years$99,078$88,602$79,112$70,542$62,825$44,394
12 years$89,893$79,524$70,210$61,875$54,443$37,054
13 years$82,127$71,867$62,728$54,626$47,475$31,096
14 years$75,476$65,325$56,361$48,491$41,617$26,211
15 years$69,718$59,675$50,887$43,246$36,643$22,174
16 years$64,684$54,751$46,136$38,722$32,385$18,815
17 years$60,246$50,424$41,982$34,791$28,715$16,005
18 years$56,307$46,594$38,324$31,354$25,532$13,644
19 years$52,786$43,183$35,084$28,331$22,757$11,651
20 years$49,621$40,127$32,198$25,659$20,327$9,965
21 years$46,761$37,377$29,616$23,287$18,190$8,533
22 years$44,165$34,890$27,296$21,173$16,305$7,315
23 years$41,798$32,632$25,203$19,283$14,636$6,277
24 years$39,631$30,574$23,309$17,587$13,155$5,390
25 years$37,641$28,692$21,588$16,062$11,838$4,631
26 years$35,807$26,966$20,022$14,686$10,663$3,982
27 years$34,112$25,378$18,592$13,442$9,614$3,425
28 years$32,540$23,914$17,284$12,316$8,675$2,948
29 years$31,080$22,560$16,084$11,294$7,833$2,538
30 years$29,719$21,305$14,982$10,365$7,078$2,185
31 years$28,449$20,141$13,967$9,520$6,399$1,882
32 years$27,261$19,057$13,032$8,749$5,788$1,622
33 years$26,146$18,047$12,168$8,045$5,238$1,398
34 years$25,100$17,105$11,369$7,402$4,743$1,205
35 years$24,116$16,224$10,629$6,814$4,296$1,038
36 years$23,188$15,399$9,943$6,276$3,892$895
37 years$22,313$14,625$9,307$5,782$3,528$772
38 years$21,485$13,899$8,715$5,330$3,198$666
39 years$20,702$13,217$8,165$4,914$2,900$574
40 years$19,961$12,575$7,653$4,533$2,630$495
41 years$19,257$11,970$7,176$4,182$2,386$427
42 years$18,588$11,400$6,732$3,859$2,165$368
43 years$17,952$10,862$6,317$3,563$1,965$318
44 years$17,347$10,353$5,929$3,290$1,784$274
45 years$16,770$9,873$5,567$3,038$1,619$236
46 years$16,220$9,418$5,229$2,806$1,470$204
47 years$15,695$8,988$4,913$2,593$1,335$176
48 years$15,193$8,580$4,617$2,396$1,213$152
49 years$14,714$8,194$4,339$2,214$1,101$131
50 years$14,255$7,827$4,080$2,046$1,000$113

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $14,600,000, adding $3,416 every year, while hoping to spend $38,770 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: 52/19/29 Blend
50$14,600,000$14,600,000$14,600,000$14,600,000
51$16,092,724$15,318,924$15,092,624$16,798,221
52$17,692,930$16,028,300$15,556,976$17,998,989
53$19,455,059$16,771,136$16,035,584$19,300,354
54$21,395,584$17,549,031$16,528,885$20,715,341
55$23,532,661$18,363,660$17,037,330$22,254,823
56$25,886,293$19,216,780$17,561,381$23,930,752
57$28,478,524$20,110,232$18,101,516$25,756,271
58$31,333,646$21,045,946$18,658,230$27,745,832
59$34,478,425$22,025,944$19,232,027$29,915,328
60$37,942,356$23,052,348$19,823,433$32,282,241
61$41,757,944$24,127,380$20,432,985$34,865,802
62$45,961,004$25,253,371$21,061,239$37,687,166
63$50,591,004$26,432,764$21,708,769$40,769,608
64$55,691,436$27,668,120$22,376,162$44,138,738
65$61,310,227$28,962,122$23,064,028$47,822,737
66$67,500,190$30,317,586$23,772,993$51,852,619
67$74,319,524$31,737,462$24,503,702$56,262,514
68$81,832,360$33,224,842$25,256,821$61,089,990
69$90,109,371$34,782,970$26,033,035$66,376,396
70$99,228,436$36,415,245$26,833,051$72,167,249
71$109,275,375$38,125,230$27,657,597$78,512,656
72$120,344,759$39,916,662$28,507,422$85,467,780
73$132,540,804$41,793,458$29,383,300$93,093,354
74$145,978,353$43,759,725$30,286,028$101,456,245
75$160,783,962$45,819,768$31,216,427$110,630,078
76$177,097,091$47,978,101$32,175,342$120,695,923
77$195,071,424$50,239,458$33,163,645$131,743,052
78$214,876,317$52,608,799$34,182,235$143,869,771
79$236,698,399$55,091,328$35,232,038$157,184,341
80$260,743,331$57,692,499$36,314,007$171,805,987
81$287,237,750$60,418,030$37,429,125$187,866,016
82$316,431,406$63,273,919$38,578,406$205,509,042
83$348,599,519$66,266,451$39,762,893$224,894,345
84$384,045,382$69,402,219$40,983,661$246,197,360
85$423,103,217$72,688,133$42,241,820$269,611,319
86$466,141,335$76,131,442$43,538,511$295,349,066
87$513,565,611$79,739,743$44,874,911$323,645,052
88$565,823,316$83,521,003$46,252,233$354,757,532
89$623,407,339$87,483,576$47,671,727$388,970,990
90$686,860,838$91,636,222$49,134,681$426,598,811
91$756,782,371$95,988,125$50,642,421$467,986,221
92$833,831,545$100,548,915$52,196,314$513,513,530
93$918,735,243$105,328,692$53,797,770$563,599,706
94$1,012,294,483$110,338,043$55,448,241$618,706,311
95$1,115,391,985$115,588,072$57,149,222$679,341,842
96$1,229,000,502$121,090,422$58,902,255$746,066,505
97$1,354,192,001$126,857,301$60,708,929$819,497,492
98$1,492,147,787$132,901,510$62,570,879$900,314,779
99$1,644,169,651$139,236,474$64,489,794$989,267,528
100$1,811,692,163$145,876,269$66,467,410$1,087,181,129