Can I retire at age 51 with 15,100,000?

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,155,865
2 years$617,299$605,802$594,660$583,857$573,379$525,393
3 years$407,445$395,899$384,785$374,083$363,775$317,545
4 years$302,538$291,027$280,025$269,506$259,447$215,325
5 years$239,611$228,169$217,311$207,006$197,228$155,325
6 years$197,673$186,317$175,619$165,545$156,060$116,402
7 years$167,729$156,469$145,940$136,103$126,918$89,492
8 years$145,281$134,123$123,769$114,174$105,291$70,056
9 years$127,831$116,778$106,602$97,251$88,670$55,573
10 years$113,879$102,934$92,938$83,831$75,551$44,527
11 years$102,471$91,636$81,821$72,958$64,977$35,952
12 years$92,972$82,248$72,614$63,994$56,307$29,203
13 years$84,940$74,328$64,876$56,497$49,101$23,834
14 years$78,061$67,562$58,292$50,152$43,042$19,526
15 years$72,105$61,719$52,629$44,727$37,897$16,046
16 years$66,899$56,626$47,716$40,048$33,494$13,219
17 years$62,310$52,150$43,420$35,983$29,698$10,912
18 years$58,235$48,189$39,637$32,428$26,406$9,022
19 years$54,593$44,661$36,286$29,301$23,536$7,470
20 years$51,320$41,502$33,301$26,538$21,023$6,191
21 years$48,362$38,657$30,631$24,085$18,813$5,137
22 years$45,677$36,085$28,231$21,899$16,863$4,265
23 years$43,229$33,750$26,066$19,943$15,138$3,543
24 years$40,988$31,621$24,107$18,190$13,606$2,945
25 years$38,930$29,675$22,328$16,612$12,243$2,449
26 years$37,033$27,890$20,708$15,189$11,028$2,037
27 years$35,280$26,247$19,229$13,903$9,943$1,695
28 years$33,655$24,733$17,876$12,738$8,972$1,411
29 years$32,144$23,333$16,635$11,681$8,101$1,175
30 years$30,737$22,035$15,495$10,720$7,320$978
31 years$29,423$20,830$14,445$9,846$6,618$814
32 years$28,194$19,710$13,478$9,048$5,986$678
33 years$27,042$18,666$12,584$8,321$5,418$565
34 years$25,960$17,691$11,758$7,656$4,905$471
35 years$24,942$16,779$10,993$7,048$4,443$392
36 years$23,982$15,926$10,284$6,491$4,025$327
37 years$23,077$15,126$9,625$5,980$3,648$272
38 years$22,221$14,375$9,014$5,512$3,308$227
39 years$21,411$13,669$8,445$5,083$2,999$189
40 years$20,644$13,005$7,915$4,688$2,721$157
41 years$19,916$12,380$7,422$4,325$2,468$131
42 years$19,225$11,790$6,962$3,992$2,240$109
43 years$18,567$11,234$6,533$3,685$2,033$91
44 years$17,941$10,708$6,132$3,402$1,845$76
45 years$17,345$10,211$5,758$3,142$1,675$63
46 years$16,776$9,741$5,408$2,902$1,521$53
47 years$16,233$9,296$5,081$2,681$1,381$44
48 years$15,714$8,874$4,775$2,478$1,254$37
49 years$15,218$8,474$4,488$2,290$1,139$30
50 years$14,743$8,095$4,219$2,117$1,035$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,100,000, adding $4,263 every year, while hoping to spend $46,429 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: 60/23/17 Blend
50$15,100,000$15,100,000$15,100,000$15,100,000
51$16,644,597$15,844,297$15,610,247$17,570,460
52$18,292,946$16,571,268$16,083,790$18,923,149
53$20,107,870$17,332,304$16,571,641$20,392,626
54$22,106,312$18,129,025$17,074,230$21,994,649
55$24,306,939$18,963,130$17,592,000$23,742,047
56$26,730,322$19,836,399$18,125,407$25,648,931
57$29,399,128$20,750,696$18,674,921$27,730,823
58$32,338,335$21,707,977$19,241,028$30,004,794
59$35,575,468$22,710,290$19,824,224$32,489,625
60$39,140,854$23,759,782$20,425,024$35,205,979
61$43,067,915$24,858,706$21,043,957$38,176,588
62$47,393,480$26,009,420$21,681,567$41,426,470
63$52,158,130$27,214,397$22,338,414$44,983,152
64$57,406,586$28,476,229$23,015,078$48,876,931
65$63,188,127$29,797,633$23,712,152$53,141,149
66$69,557,055$31,181,457$24,430,249$57,812,509
67$76,573,213$32,630,686$25,170,000$62,931,406
68$84,302,540$34,148,449$25,932,055$68,542,311
69$92,817,704$35,738,027$26,717,083$74,694,179
70$102,198,777$37,402,858$27,525,772$81,440,908
71$112,534,000$39,146,546$28,358,834$88,841,834
72$123,920,611$40,972,870$29,216,998$96,962,293
73$136,465,763$42,885,790$30,101,017$105,874,221
74$150,287,536$44,889,459$31,011,666$115,656,832
75$165,516,051$46,988,228$31,949,743$126,397,353
76$182,294,698$49,186,662$32,916,070$138,191,838
77$200,781,492$51,489,543$33,911,493$151,146,069
78$221,150,561$53,901,887$34,936,884$165,376,543
79$243,593,788$56,428,950$35,993,140$181,011,561
80$268,322,631$59,076,244$37,081,186$198,192,430
81$295,570,106$61,849,548$38,201,973$217,074,782
82$325,592,999$64,754,918$39,356,481$237,830,038
83$358,674,282$67,798,705$40,545,720$260,647,008
84$395,125,785$70,987,568$41,770,728$285,733,665
85$435,291,144$74,328,488$43,032,576$313,319,092
86$479,549,039$77,828,782$44,332,366$343,655,633
87$528,316,772$81,496,124$45,671,231$377,021,260
88$582,054,207$85,338,558$47,050,342$413,722,178
89$641,268,107$89,364,518$48,470,900$454,095,709
90$706,516,923$93,582,849$49,934,144$498,513,451
91$778,416,062$98,002,821$51,441,350$547,384,772
92$857,643,697$102,634,156$52,993,832$601,160,657
93$944,947,170$107,487,045$54,592,941$660,337,946
94$1,041,150,047$112,572,177$56,240,071$725,464,005
95$1,147,159,894$117,900,755$57,936,655$797,141,870
96$1,263,976,840$123,484,529$59,684,169$876,035,923
97$1,392,703,023$129,335,816$61,484,135$962,878,137
98$1,534,552,994$135,467,534$63,338,116$1,058,474,964
99$1,690,865,182$141,893,226$65,247,726$1,163,714,924
100$1,863,114,528$148,627,091$67,214,622$1,279,576,968