Can I retire at age 51 with 15,000,000?

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 $15,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,238,686$1,227,652$1,216,888$1,206,381$1,196,121$1,178,246
2 years$613,211$601,790$590,722$579,991$569,581$551,613
3 years$404,746$393,277$382,236$371,606$361,366$343,863
4 years$300,535$289,100$278,170$267,721$257,729$240,827
5 years$238,024$226,658$215,871$205,635$195,922$179,669
6 years$196,364$185,083$174,456$164,448$155,026$139,442
7 years$166,618$155,433$144,974$135,202$126,078$111,167
8 years$144,319$133,234$122,949$113,418$104,594$90,354
9 years$126,984$116,005$105,896$96,607$88,083$74,507
10 years$113,125$102,252$92,323$83,276$75,051$62,129
11 years$101,793$91,029$81,280$72,475$64,546$52,265
12 years$92,356$81,703$72,133$63,570$55,935$44,279
13 years$84,377$73,836$64,446$56,123$48,776$37,730
14 years$77,544$67,114$57,905$49,820$42,757$32,302
15 years$71,628$61,310$52,281$44,430$37,646$27,765
16 years$66,456$56,251$47,400$39,783$33,272$23,944
17 years$61,897$51,805$43,132$35,744$29,501$20,707
18 years$57,849$47,870$39,374$32,213$26,231$17,951
19 years$54,232$44,366$36,045$29,107$23,380$15,592
20 years$50,980$41,227$33,081$26,362$20,884$13,568
21 years$48,042$38,401$30,428$23,925$18,689$11,824
22 years$45,375$35,846$28,044$21,754$16,752$10,317
23 years$42,943$33,526$25,894$19,811$15,037$9,012
24 years$40,717$31,412$23,947$18,069$13,516$7,880
25 years$38,672$29,478$22,180$16,502$12,162$6,896
26 years$36,788$27,705$20,571$15,088$10,955$6,040
27 years$35,046$26,074$19,102$13,811$9,877$5,293
28 years$33,432$24,569$17,757$12,654$8,912$4,641
29 years$31,931$23,178$16,525$11,604$8,048$4,071
30 years$30,534$21,889$15,392$10,649$7,272$3,573
31 years$29,228$20,693$14,350$9,780$6,574$3,137
32 years$28,007$19,579$13,389$8,989$5,947$2,755
33 years$26,863$18,542$12,501$8,266$5,382$2,420
34 years$25,788$17,574$11,680$7,605$4,873$2,126
35 years$24,776$16,668$10,920$7,001$4,413$1,869
36 years$23,823$15,821$10,216$6,448$3,999$1,643
37 years$22,924$15,026$9,562$5,941$3,624$1,444
38 years$22,074$14,280$8,954$5,476$3,286$1,270
39 years$21,270$13,579$8,389$5,049$2,980$1,117
40 years$20,507$12,919$7,863$4,657$2,703$982
41 years$19,784$12,298$7,373$4,297$2,452$864
42 years$19,097$11,712$6,916$3,965$2,225$760
43 years$18,444$11,159$6,490$3,660$2,019$669
44 years$17,822$10,637$6,092$3,380$1,833$588
45 years$17,230$10,143$5,720$3,121$1,664$518
46 years$16,665$9,676$5,372$2,883$1,511$456
47 years$16,125$9,234$5,047$2,664$1,372$401
48 years$15,610$8,815$4,743$2,461$1,246$353
49 years$15,117$8,418$4,458$2,275$1,131$311
50 years$14,645$8,041$4,191$2,103$1,028$273

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,000,000, adding $3,404 every year, while hoping to spend $48,845 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: 53/22/25 Blend
50$15,000,000$15,000,000$15,000,000$15,000,000
51$16,533,511$15,738,511$15,506,011$17,294,805
52$18,167,959$16,457,728$15,973,492$18,540,248
53$19,967,483$17,210,548$16,454,996$19,889,543
54$21,948,869$17,998,569$16,950,942$21,356,915
55$24,130,616$18,823,461$17,461,760$22,953,664
56$26,533,104$19,686,975$17,987,894$24,692,215
57$29,178,792$20,590,949$18,529,801$26,586,225
58$32,092,429$21,537,305$19,087,949$28,650,715
59$35,301,285$22,528,061$19,662,823$30,902,204
60$38,835,410$23,565,330$20,254,922$33,358,859
61$42,727,918$24,651,328$20,864,758$36,040,663
62$47,015,297$25,788,375$21,492,859$38,969,602
63$51,737,757$26,978,904$22,139,770$42,169,861
64$56,939,605$28,225,468$22,806,049$45,668,053
65$62,669,667$29,530,737$23,492,273$49,493,460
66$68,981,744$30,897,515$24,199,036$53,678,306
67$75,935,127$32,328,738$24,926,948$58,258,055
68$83,595,148$33,827,484$25,676,638$63,271,740
69$92,033,801$35,396,979$26,448,755$68,762,320
70$101,330,424$37,040,606$27,243,963$74,777,087
71$111,572,442$38,761,910$28,062,950$81,368,098
72$122,856,194$40,564,607$28,906,422$88,592,660
73$135,287,844$42,452,591$29,775,106$96,513,869
74$148,984,384$44,429,947$30,669,751$105,201,187
75$164,074,731$46,500,955$31,591,128$114,731,101
76$180,700,953$48,670,101$32,540,030$125,187,824
77$199,019,603$50,942,089$33,517,274$136,664,092
78$219,203,201$53,321,850$34,523,701$149,262,022
79$241,441,859$55,814,552$35,560,177$163,094,066
80$265,945,079$58,425,615$36,627,593$178,284,068
81$292,943,725$61,160,719$37,726,865$194,968,415
82$322,692,209$64,025,818$38,858,940$213,297,317
83$355,470,888$67,027,157$40,024,787$233,436,210
84$391,588,710$70,171,279$41,225,409$255,567,310
85$431,386,134$73,465,047$42,461,836$279,891,314
86$475,238,339$76,915,653$43,735,127$306,629,284
87$523,558,769$80,530,640$45,046,373$336,024,719
88$576,803,037$84,317,915$46,396,700$368,345,839
89$635,473,220$88,285,766$47,787,262$403,888,099
90$700,122,604$92,442,884$49,219,251$442,976,966
91$771,360,905$96,798,381$50,693,892$485,970,969
92$849,860,026$101,361,810$52,212,446$533,265,072
93$936,360,396$106,143,187$53,776,211$585,294,377
94$1,031,677,966$111,153,012$55,386,523$642,538,216
95$1,136,711,906$116,402,297$57,044,759$705,524,656
96$1,252,453,095$121,902,584$58,752,333$774,835,461
97$1,379,993,478$127,665,978$60,510,703$851,111,561
98$1,520,536,370$133,705,168$62,321,369$935,059,081
99$1,675,407,819$140,033,460$64,185,874$1,027,455,984
100$1,846,069,122$146,664,806$66,105,807$1,129,159,384