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

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 $14,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$1,205,654$1,194,915$1,184,437$1,174,210$1,164,225$1,134,239
2 years$596,859$585,743$574,970$564,524$554,393$524,382
3 years$393,953$382,789$372,043$361,696$351,729$322,633
4 years$292,520$281,391$270,752$260,582$250,856$222,898
5 years$231,677$220,614$210,115$200,152$190,697$163,954
6 years$191,127$180,148$169,804$160,063$150,892$125,390
7 years$162,175$151,288$141,108$131,597$122,716$98,457
8 years$140,471$129,682$119,671$110,393$101,804$78,778
9 years$123,598$112,911$103,072$94,030$85,734$63,920
10 years$110,108$99,526$89,861$81,055$73,050$52,421
11 years$99,078$88,602$79,112$70,542$62,825$43,351
12 years$89,893$79,524$70,210$61,875$54,443$36,089
13 years$82,127$71,867$62,728$54,626$47,475$30,205
14 years$75,476$65,325$56,361$48,491$41,617$25,390
15 years$69,718$59,675$50,887$43,246$36,643$21,419
16 years$64,684$54,751$46,136$38,722$32,385$18,123
17 years$60,246$50,424$41,982$34,791$28,715$15,372
18 years$56,307$46,594$38,324$31,354$25,532$13,065
19 years$52,786$43,183$35,084$28,331$22,757$11,124
20 years$49,621$40,127$32,198$25,659$20,327$9,485
21 years$46,761$37,377$29,616$23,287$18,190$8,097
22 years$44,165$34,890$27,296$21,173$16,305$6,920
23 years$41,798$32,632$25,203$19,283$14,636$5,919
24 years$39,631$30,574$23,309$17,587$13,155$5,067
25 years$37,641$28,692$21,588$16,062$11,838$4,340
26 years$35,807$26,966$20,022$14,686$10,663$3,719
27 years$34,112$25,378$18,592$13,442$9,614$3,189
28 years$32,540$23,914$17,284$12,316$8,675$2,736
29 years$31,080$22,560$16,084$11,294$7,833$2,347
30 years$29,719$21,305$14,982$10,365$7,078$2,015
31 years$28,449$20,141$13,967$9,520$6,399$1,730
32 years$27,261$19,057$13,032$8,749$5,788$1,485
33 years$26,146$18,047$12,168$8,045$5,238$1,276
34 years$25,100$17,105$11,369$7,402$4,743$1,096
35 years$24,116$16,224$10,629$6,814$4,296$941
36 years$23,188$15,399$9,943$6,276$3,892$809
37 years$22,313$14,625$9,307$5,782$3,528$695
38 years$21,485$13,899$8,715$5,330$3,198$597
39 years$20,702$13,217$8,165$4,914$2,900$513
40 years$19,961$12,575$7,653$4,533$2,630$441
41 years$19,257$11,970$7,176$4,182$2,386$379
42 years$18,588$11,400$6,732$3,859$2,165$326
43 years$17,952$10,862$6,317$3,563$1,965$280
44 years$17,347$10,353$5,929$3,290$1,784$241
45 years$16,770$9,873$5,567$3,038$1,619$207
46 years$16,220$9,418$5,229$2,806$1,470$178
47 years$15,695$8,988$4,913$2,593$1,335$153
48 years$15,193$8,580$4,617$2,396$1,213$132
49 years$14,714$8,194$4,339$2,214$1,101$113
50 years$14,255$7,827$4,080$2,046$1,000$97

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 $6,307 every year, while hoping to spend $36,670 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: 46/36/18 Blend
50$14,600,000$14,600,000$14,600,000$14,600,000
51$16,095,706$15,321,906$15,095,606$16,753,176
52$17,698,451$16,033,662$15,562,292$17,924,458
53$19,463,447$16,779,066$16,043,383$19,190,249
54$21,407,206$17,559,727$16,539,323$20,562,737
55$23,547,920$18,377,333$17,050,569$22,051,868
56$25,905,638$19,233,652$17,577,593$23,668,560
57$28,502,451$20,130,540$18,120,882$25,424,804
58$31,362,705$21,069,940$18,680,935$27,333,766
59$34,513,224$22,053,890$19,258,269$29,409,912
60$37,983,569$23,084,527$19,853,417$31,669,133
61$41,806,314$24,164,090$20,466,928$34,128,887
62$46,017,355$25,294,927$21,099,366$36,808,364
63$50,656,245$26,479,498$21,751,316$39,728,653
64$55,766,574$27,720,386$22,423,376$42,912,935
65$61,396,373$29,020,293$23,116,168$46,386,695
66$67,598,572$30,382,057$23,830,329$50,177,956
67$74,431,499$31,808,649$24,566,517$54,317,528
68$81,959,426$33,303,188$25,325,410$58,839,298
69$90,253,184$34,868,940$26,107,707$63,780,534
70$99,390,823$36,509,332$26,914,130$69,182,229
71$109,458,353$38,227,956$27,745,419$75,089,479
72$120,550,555$40,028,576$28,602,341$81,551,894
73$132,771,877$41,915,142$29,485,685$88,624,059
74$146,237,417$43,891,792$30,396,263$96,366,033
75$161,074,009$45,962,866$31,334,914$104,843,908
76$177,421,427$48,132,914$32,302,502$114,130,416
77$195,433,693$50,406,708$33,299,917$124,305,601
78$215,280,543$52,789,250$34,328,077$135,457,566
79$237,149,018$55,285,783$35,387,927$147,683,282
80$261,245,238$57,901,806$36,480,443$161,089,494
81$287,796,344$60,643,086$37,606,630$175,793,709
82$317,052,641$63,515,668$38,767,522$191,925,287
83$349,289,965$66,525,890$39,964,188$209,626,647
84$384,812,281$69,680,398$41,197,728$229,054,590
85$423,954,557$72,986,161$42,469,276$250,381,762
86$467,085,926$76,450,487$43,780,000$273,798,259
87$514,613,166$80,081,037$45,131,106$299,513,403
88$566,984,546$83,885,845$46,523,835$327,757,697
89$624,694,053$87,873,334$47,959,467$358,784,972
90$688,286,058$92,052,339$49,439,321$392,874,761
91$758,360,453$96,432,121$50,964,755$430,334,913
92$835,578,317$101,022,393$52,537,173$471,504,470
93$920,668,154$105,833,339$54,158,016$516,756,841
94$1,014,432,771$110,875,638$55,828,775$566,503,295
95$1,117,756,858$116,160,488$57,550,983$621,196,814
96$1,231,615,337$121,699,632$59,326,221$681,336,333
97$1,357,082,571$127,505,383$61,156,119$747,471,423
98$1,495,342,500$133,590,654$63,042,356$820,207,435
99$1,647,699,824$139,968,985$64,986,664$900,211,183
100$1,815,592,315$146,654,574$66,990,826$988,217,198