Can I retire at age 51 with 14,900,000?

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 $14,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$1,230,428$1,219,468$1,208,775$1,198,338$1,188,147$1,159,895
2 years$609,123$597,778$586,784$576,124$565,784$537,486
3 years$402,048$390,655$379,688$369,128$358,957$331,497
4 years$298,531$287,173$276,316$265,936$256,011$229,600
5 years$236,437$225,147$214,432$204,264$194,615$169,328
6 years$195,055$183,849$173,293$163,352$153,993$129,854
7 years$165,507$154,396$144,007$134,301$125,237$102,251
8 years$143,357$132,346$122,130$112,661$103,896$82,053
9 years$126,138$115,231$105,190$95,963$87,496$66,778
10 years$112,371$101,571$91,707$82,721$74,551$54,936
11 years$101,114$90,422$80,738$71,992$64,116$45,576
12 years$91,740$81,158$71,653$63,146$55,562$38,066
13 years$83,815$73,343$64,017$55,749$48,451$31,966
14 years$77,027$66,667$57,519$49,488$42,472$26,963
15 years$71,150$60,902$51,932$44,134$37,395$22,826
16 years$66,013$55,876$47,084$39,517$33,050$19,382
17 years$61,484$51,460$42,845$35,506$29,305$16,499
18 years$57,464$47,551$39,112$31,998$26,056$14,075
19 years$53,870$44,070$35,805$28,913$23,225$12,029
20 years$50,640$40,952$32,860$26,186$20,745$10,295
21 years$47,722$38,145$30,225$23,766$18,564$8,823
22 years$45,072$35,607$27,857$21,609$16,640$7,569
23 years$42,657$33,303$25,721$19,679$14,937$6,500
24 years$40,446$31,202$23,787$17,949$13,426$5,586
25 years$38,415$29,282$22,032$16,392$12,081$4,804
26 years$36,543$27,520$20,434$14,988$10,882$4,134
27 years$34,813$25,900$18,974$13,719$9,811$3,559
28 years$33,209$24,405$17,639$12,569$8,853$3,065
29 years$31,718$23,023$16,415$11,526$7,994$2,641
30 years$30,330$21,743$15,290$10,578$7,223$2,276
31 years$29,034$20,555$14,254$9,715$6,530$1,962
32 years$27,821$19,449$13,299$8,929$5,907$1,692
33 years$26,684$18,418$12,418$8,211$5,346$1,459
34 years$25,616$17,456$11,602$7,554$4,840$1,259
35 years$24,611$16,557$10,847$6,954$4,384$1,086
36 years$23,665$15,715$10,147$6,405$3,972$937
37 years$22,771$14,926$9,498$5,901$3,600$809
38 years$21,927$14,185$8,894$5,439$3,264$698
39 years$21,128$13,488$8,333$5,015$2,960$602
40 years$20,371$12,833$7,811$4,626$2,685$520
41 years$19,652$12,216$7,324$4,268$2,435$449
42 years$18,970$11,634$6,870$3,939$2,210$387
43 years$18,321$11,085$6,447$3,636$2,006$335
44 years$17,703$10,566$6,051$3,357$1,821$289
45 years$17,115$10,076$5,682$3,100$1,653$249
46 years$16,553$9,612$5,337$2,864$1,501$215
47 years$16,018$9,173$5,014$2,646$1,363$186
48 years$15,506$8,757$4,711$2,445$1,237$160
49 years$15,016$8,362$4,428$2,260$1,124$139
50 years$14,548$7,988$4,163$2,089$1,021$120

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $14,900,000, adding $2,076 every year, while hoping to spend $45,587 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: 63/14/23 Blend
50$14,900,000$14,900,000$14,900,000$14,900,000
51$16,421,941$15,632,241$15,401,291$17,357,643
52$18,048,475$16,349,717$15,868,730$18,707,354
53$19,839,388$17,100,821$16,350,301$20,175,612
54$21,811,397$17,887,153$16,846,428$21,778,236
55$23,982,926$18,710,390$17,357,549$23,528,366
56$26,374,274$19,572,288$17,884,117$25,440,462
57$29,007,809$20,474,690$18,426,594$27,530,433
58$31,908,181$21,419,526$18,985,461$29,815,790
59$35,102,551$22,408,817$19,561,209$32,315,803
60$38,620,848$23,444,686$20,154,346$35,051,685
61$42,496,053$24,529,355$20,765,395$38,046,783
62$46,764,509$25,665,152$21,394,895$41,326,799
63$51,466,264$26,854,520$22,043,399$44,920,028
64$56,645,450$28,100,017$22,711,479$48,857,618
65$62,350,695$29,404,328$23,399,724$53,173,866
66$68,635,589$30,770,263$24,108,737$57,906,534
67$75,559,183$32,200,770$24,839,144$63,097,201
68$83,186,552$33,698,939$25,591,587$68,791,650
69$91,589,402$35,268,009$26,366,727$75,040,298
70$100,846,754$36,911,375$27,165,246$81,898,668
71$111,045,686$38,632,595$27,987,844$89,427,904
72$122,282,155$40,435,401$28,835,246$97,695,343
73$134,661,902$42,323,704$29,708,194$106,775,151
74$148,301,453$44,301,602$30,607,456$116,749,010
75$163,329,216$46,373,395$31,533,820$127,706,888
76$179,886,693$48,543,588$32,488,100$139,747,879
77$198,129,815$50,816,904$33,471,131$152,981,133
78$218,230,419$53,198,295$34,483,777$167,526,882
79$240,377,862$55,692,952$35,526,924$183,517,562
80$264,780,815$58,306,317$36,601,486$201,099,062
81$291,669,228$61,044,096$37,708,406$220,432,089
82$321,296,502$63,912,271$38,848,651$241,693,679
83$353,941,885$66,917,112$40,023,221$265,078,860
84$389,913,101$70,065,194$41,233,142$290,802,483
85$429,549,259$73,363,410$42,479,474$319,101,242
86$473,224,054$76,818,987$43,763,306$350,235,899
87$521,349,291$80,439,501$45,085,761$384,493,735
88$574,378,779$84,232,897$46,447,994$422,191,252
89$632,812,608$88,207,502$47,851,196$463,677,149
90$697,201,875$92,372,050$49,296,591$509,335,603
91$768,153,881$96,735,696$50,785,442$559,589,887
92$846,337,871$101,308,039$52,319,049$614,906,348
93$932,491,345$106,099,144$53,898,748$675,798,799
94$1,027,427,024$111,119,565$55,525,918$742,833,359
95$1,132,040,522$116,380,364$57,201,978$816,633,778
96$1,247,318,799$121,893,146$58,928,387$897,887,314
97$1,374,349,479$127,670,073$60,706,651$987,351,208
98$1,514,331,120$133,723,900$62,538,318$1,085,859,810
99$1,668,584,525$140,068,002$64,424,982$1,194,332,445
100$1,838,565,214$146,716,402$66,368,287$1,313,782,072