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%17.3%
1 years$1,230,428$1,219,468$1,208,775$1,198,338$1,188,147$1,152,885
2 years$609,123$597,778$586,784$576,124$565,784$530,550
3 years$402,048$390,655$379,688$369,128$358,957$324,854
4 years$298,531$287,173$276,316$265,936$256,011$223,302
5 years$236,437$225,147$214,432$204,264$194,615$163,389
6 years$195,055$183,849$173,293$163,352$153,993$124,276
7 years$165,507$154,396$144,007$134,301$125,237$97,031
8 years$143,357$132,346$122,130$112,661$103,896$77,182
9 years$126,138$115,231$105,190$95,963$87,496$62,246
10 years$112,371$101,571$91,707$82,721$74,551$50,731
11 years$101,114$90,422$80,738$71,992$64,116$41,685
12 years$91,740$81,158$71,653$63,146$55,562$34,474
13 years$83,815$73,343$64,017$55,749$48,451$28,659
14 years$77,027$66,667$57,519$49,488$42,472$23,926
15 years$71,150$60,902$51,932$44,134$37,395$20,042
16 years$66,013$55,876$47,084$39,517$33,050$16,837
17 years$61,484$51,460$42,845$35,506$29,305$14,177
18 years$57,464$47,551$39,112$31,998$26,056$11,961
19 years$53,870$44,070$35,805$28,913$23,225$10,107
20 years$50,640$40,952$32,860$26,186$20,745$8,553
21 years$47,722$38,145$30,225$23,766$18,564$7,246
22 years$45,072$35,607$27,857$21,609$16,640$6,144
23 years$42,657$33,303$25,721$19,679$14,937$5,214
24 years$40,446$31,202$23,787$17,949$13,426$4,428
25 years$38,415$29,282$22,032$16,392$12,081$3,763
26 years$36,543$27,520$20,434$14,988$10,882$3,199
27 years$34,813$25,900$18,974$13,719$9,811$2,721
28 years$33,209$24,405$17,639$12,569$8,853$2,315
29 years$31,718$23,023$16,415$11,526$7,994$1,970
30 years$30,330$21,743$15,290$10,578$7,223$1,677
31 years$29,034$20,555$14,254$9,715$6,530$1,428
32 years$27,821$19,449$13,299$8,929$5,907$1,216
33 years$26,684$18,418$12,418$8,211$5,346$1,036
34 years$25,616$17,456$11,602$7,554$4,840$882
35 years$24,611$16,557$10,847$6,954$4,384$752
36 years$23,665$15,715$10,147$6,405$3,972$640
37 years$22,771$14,926$9,498$5,901$3,600$546
38 years$21,927$14,185$8,894$5,439$3,264$465
39 years$21,128$13,488$8,333$5,015$2,960$396
40 years$20,371$12,833$7,811$4,626$2,685$338
41 years$19,652$12,216$7,324$4,268$2,435$288
42 years$18,970$11,634$6,870$3,939$2,210$245
43 years$18,321$11,085$6,447$3,636$2,006$209
44 years$17,703$10,566$6,051$3,357$1,821$178
45 years$17,115$10,076$5,682$3,100$1,653$152
46 years$16,553$9,612$5,337$2,864$1,501$130
47 years$16,018$9,173$5,014$2,646$1,363$110
48 years$15,506$8,757$4,711$2,445$1,237$94
49 years$15,016$8,362$4,428$2,260$1,124$80
50 years$14,548$7,988$4,163$2,089$1,021$68

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 $3,108 every year, while hoping to spend $40,761 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: 63/9/28 Blend
50$14,900,000$14,900,000$14,900,000$14,900,000
51$16,423,006$15,633,306$15,402,356$17,334,660
52$18,054,783$16,355,969$15,874,965$18,676,163
53$19,851,635$17,112,675$16,362,041$20,136,143
54$21,830,358$17,905,052$16,864,025$21,730,073
55$24,009,456$18,734,801$17,381,372$23,471,094
56$26,409,323$19,603,709$17,914,550$25,373,667
57$29,052,429$20,513,646$18,464,043$27,453,711
58$31,963,538$21,466,576$19,030,349$29,728,745
59$35,169,934$22,464,553$19,613,981$32,218,056
60$38,701,685$23,509,733$20,215,467$34,942,875
61$42,591,923$24,604,377$20,835,352$37,926,577
62$46,877,160$25,750,852$21,474,197$41,194,894
63$51,597,628$26,951,642$22,132,580$44,776,161
64$56,797,663$28,209,349$22,811,098$48,701,577
65$62,526,118$29,526,701$23,510,364$53,005,494
66$68,836,832$30,906,559$24,231,011$57,725,743
67$75,789,130$32,351,921$24,973,691$62,903,983
68$83,448,387$33,865,931$25,739,075$68,586,093
69$91,886,643$35,451,883$26,527,855$74,822,599
70$101,183,288$37,113,232$27,340,745$81,669,150
71$111,425,803$38,853,600$28,178,480$89,187,037
72$122,710,592$40,676,783$29,041,815$97,443,765
73$135,143,888$42,586,762$29,931,533$106,513,692
74$148,842,761$44,587,710$30,848,435$116,478,718
75$163,936,216$46,684,001$31,793,351$127,429,062
76$180,566,416$48,880,222$32,767,134$139,464,100
77$198,890,020$51,181,183$33,770,663$152,693,305
78$219,079,665$53,591,924$34,804,843$167,237,269
79$241,325,595$56,117,732$35,870,609$183,228,840
80$265,837,453$58,764,148$36,968,922$200,814,366
81$292,846,264$61,536,983$38,100,772$220,155,076
82$322,606,617$64,442,329$39,267,182$241,428,590
83$355,399,061$67,486,573$40,469,202$264,830,591
84$391,532,762$70,676,411$41,707,916$290,576,664
85$431,348,415$74,018,866$42,984,443$318,904,329
86$475,221,462$77,521,300$44,299,931$350,075,269
87$523,565,639$81,191,431$45,655,566$384,377,794
88$576,836,877$85,037,354$47,052,570$422,129,558
89$635,537,609$89,067,555$48,492,202$463,680,546
90$700,221,512$93,290,932$49,975,757$509,416,368
91$771,498,733$97,716,815$51,504,572$559,761,894
92$850,041,652$102,354,986$53,080,023$615,185,252
93$936,591,225$107,215,705$54,703,528$676,202,238
94$1,031,963,982$112,309,727$56,376,549$743,381,174
95$1,137,059,734$117,648,330$58,100,589$817,348,263
96$1,252,870,069$123,243,340$59,877,201$898,793,492
97$1,380,487,711$129,107,159$61,707,983$988,477,128
98$1,521,116,837$135,252,789$63,594,579$1,087,236,888
99$1,676,084,444$141,693,865$65,538,687$1,195,995,831
100$1,846,852,878$148,444,685$67,542,054$1,315,771,061