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%18.8%
1 years$1,205,654$1,194,915$1,184,437$1,174,210$1,164,225$1,122,917
2 years$596,859$585,743$574,970$564,524$554,393$513,216
3 years$393,953$382,789$372,043$361,696$351,729$311,978
4 years$292,520$281,391$270,752$260,582$250,856$212,834
5 years$231,677$220,614$210,115$200,152$190,697$154,503
6 years$191,127$180,148$169,804$160,063$150,892$116,554
7 years$162,175$151,288$141,108$131,597$122,716$90,227
8 years$140,471$129,682$119,671$110,393$101,804$71,137
9 years$123,598$112,911$103,072$94,030$85,734$56,848
10 years$110,108$99,526$89,861$81,055$73,050$45,896
11 years$99,078$88,602$79,112$70,542$62,825$37,348
12 years$89,893$79,524$70,210$61,875$54,443$30,582
13 years$82,127$71,867$62,728$54,626$47,475$25,165
14 years$75,476$65,325$56,361$48,491$41,617$20,791
15 years$69,718$59,675$50,887$43,246$36,643$17,232
16 years$64,684$54,751$46,136$38,722$32,385$14,320
17 years$60,246$50,424$41,982$34,791$28,715$11,926
18 years$56,307$46,594$38,324$31,354$25,532$9,950
19 years$52,786$43,183$35,084$28,331$22,757$8,313
20 years$49,621$40,127$32,198$25,659$20,327$6,954
21 years$46,761$37,377$29,616$23,287$18,190$5,823
22 years$44,165$34,890$27,296$21,173$16,305$4,881
23 years$41,798$32,632$25,203$19,283$14,636$4,093
24 years$39,631$30,574$23,309$17,587$13,155$3,435
25 years$37,641$28,692$21,588$16,062$11,838$2,884
26 years$35,807$26,966$20,022$14,686$10,663$2,422
27 years$34,112$25,378$18,592$13,442$9,614$2,035
28 years$32,540$23,914$17,284$12,316$8,675$1,711
29 years$31,080$22,560$16,084$11,294$7,833$1,438
30 years$29,719$21,305$14,982$10,365$7,078$1,209
31 years$28,449$20,141$13,967$9,520$6,399$1,017
32 years$27,261$19,057$13,032$8,749$5,788$855
33 years$26,146$18,047$12,168$8,045$5,238$720
34 years$25,100$17,105$11,369$7,402$4,743$605
35 years$24,116$16,224$10,629$6,814$4,296$509
36 years$23,188$15,399$9,943$6,276$3,892$429
37 years$22,313$14,625$9,307$5,782$3,528$361
38 years$21,485$13,899$8,715$5,330$3,198$303
39 years$20,702$13,217$8,165$4,914$2,900$255
40 years$19,961$12,575$7,653$4,533$2,630$215
41 years$19,257$11,970$7,176$4,182$2,386$181
42 years$18,588$11,400$6,732$3,859$2,165$152
43 years$17,952$10,862$6,317$3,563$1,965$128
44 years$17,347$10,353$5,929$3,290$1,784$108
45 years$16,770$9,873$5,567$3,038$1,619$91
46 years$16,220$9,418$5,229$2,806$1,470$76
47 years$15,695$8,988$4,913$2,593$1,335$64
48 years$15,193$8,580$4,617$2,396$1,213$54
49 years$14,714$8,194$4,339$2,214$1,101$46
50 years$14,255$7,827$4,080$2,046$1,000$38

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 $3,137 every year, while hoping to spend $31,427 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: 51/28/21 Blend
50$14,600,000$14,600,000$14,600,000$14,600,000
51$16,092,436$15,318,636$15,092,336$16,818,990
52$17,700,426$16,035,811$15,564,491$18,038,505
53$19,471,378$16,787,074$16,051,410$19,360,231
54$21,421,881$17,574,063$16,553,554$20,796,669
55$23,570,214$18,398,494$17,071,400$22,358,699
56$25,936,522$19,262,165$17,605,437$24,058,278
57$28,543,000$20,166,964$18,156,172$25,908,544
58$31,414,109$21,114,869$18,724,127$27,923,939
59$34,576,802$22,107,951$19,309,840$30,120,336
60$38,060,782$23,148,387$19,913,865$32,515,189
61$41,898,777$24,238,453$20,536,775$35,127,685
62$46,126,856$25,380,541$21,179,160$37,978,925
63$50,784,762$26,577,154$21,841,629$41,092,114
64$55,916,293$27,830,920$22,524,809$44,492,776
65$61,569,712$29,144,593$23,229,348$48,208,983
66$67,798,204$30,521,058$23,955,912$52,271,620
67$74,660,375$31,963,345$24,705,190$56,714,664
68$82,220,811$33,474,627$25,477,891$61,575,499
69$90,550,681$35,058,231$26,274,748$66,895,260
70$99,728,414$36,717,647$27,096,515$72,719,216
71$109,840,435$38,456,534$27,943,971$79,097,181
72$120,981,982$40,278,728$28,817,917$86,083,983
73$133,258,010$42,188,251$29,719,182$93,739,970
74$146,784,171$44,189,320$30,648,620$102,131,565
75$161,687,918$46,286,357$31,607,109$111,331,887
76$178,109,697$48,484,000$32,595,559$121,421,432
77$196,204,280$50,787,110$33,614,904$132,488,814
78$216,142,223$53,200,786$34,666,110$144,631,597
79$238,111,478$55,730,372$35,750,173$157,957,198
80$262,319,163$58,381,474$36,868,118$172,583,894
81$288,993,522$61,159,971$38,021,004$188,641,916
82$318,386,076$64,072,025$39,209,923$206,274,673
83$350,774,000$67,124,098$40,436,000$225,640,086
84$386,462,738$70,322,969$41,700,395$246,912,061
85$425,788,885$73,675,742$43,004,307$270,282,120
86$469,123,368$77,189,870$44,348,968$295,961,187
87$516,874,945$80,873,167$45,735,651$324,181,565
88$569,494,064$84,733,827$47,165,670$355,199,107
89$627,477,116$88,780,442$48,640,378$389,295,611
90$691,371,121$93,022,023$50,161,170$426,781,463
91$761,778,892$97,468,019$51,729,486$467,998,545
92$839,364,725$102,128,338$53,346,809$513,323,437
93$924,860,671$107,013,370$55,014,672$563,170,950
94$1,019,073,447$112,134,013$56,734,651$617,998,018
95$1,122,892,051$117,501,692$58,508,374$678,307,987
96$1,237,296,156$123,128,391$60,337,520$744,655,336
97$1,363,365,357$129,026,675$62,223,820$817,650,885
98$1,502,289,363$135,209,722$64,169,058$897,967,534
99$1,655,379,232$141,691,352$66,175,075$986,346,581
100$1,824,079,742$148,486,057$68,243,769$1,083,604,691