Can I retire at age 51 with 15,200,000?

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 $15,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$1,255,202$1,244,021$1,233,113$1,222,466$1,212,069$1,204,936
2 years$621,387$609,814$598,598$587,724$577,176$569,979
3 years$410,143$398,520$387,333$376,560$366,184$359,147
4 years$304,542$292,955$281,879$271,291$261,166$254,342
5 years$241,198$229,680$218,750$208,377$198,534$191,944
6 years$198,982$187,551$176,782$166,641$157,093$150,746
7 years$168,840$157,505$146,907$137,005$127,759$121,657
8 years$146,243$135,011$124,589$114,930$105,988$100,132
9 years$128,678$117,551$107,308$97,895$89,257$83,645
10 years$114,633$103,616$93,554$84,386$76,052$70,681
11 years$103,150$92,243$82,363$73,441$65,407$60,274
12 years$93,587$82,792$73,095$64,418$56,680$51,781
13 years$85,502$74,820$65,306$56,871$49,426$44,755
14 years$78,578$68,009$58,678$50,484$43,327$38,879
15 years$72,583$62,128$52,978$45,023$38,148$33,918
16 years$67,342$57,001$48,032$40,313$33,716$29,697
17 years$62,722$52,496$43,707$36,221$29,895$26,081
18 years$58,621$48,509$39,899$32,642$26,581$22,966
19 years$54,955$44,957$36,526$29,495$23,692$20,269
20 years$51,660$41,776$33,522$26,714$21,162$17,924
21 years$48,683$38,913$30,833$24,244$18,938$15,878
22 years$45,980$36,324$28,418$22,044$16,975$14,086
23 years$43,515$33,973$26,239$20,076$15,238$12,513
24 years$41,260$31,831$24,266$18,310$13,696$11,129
25 years$39,188$29,871$22,476$16,722$12,324$9,908
26 years$37,279$28,074$20,845$15,290$11,101$8,829
27 years$35,514$26,421$19,356$13,995$10,009$7,874
28 years$33,877$24,897$17,994$12,822$9,031$7,027
29 years$32,357$23,487$16,745$11,758$8,155$6,275
30 years$30,941$22,181$15,598$10,791$7,368$5,606
31 years$29,618$20,968$14,541$9,911$6,662$5,012
32 years$28,381$19,840$13,567$9,108$6,026$4,482
33 years$27,221$18,789$12,668$8,376$5,454$4,010
34 years$26,132$17,808$11,836$7,707$4,938$3,589
35 years$25,107$16,890$11,066$7,094$4,472$3,213
36 years$24,141$16,032$10,352$6,534$4,052$2,877
37 years$23,230$15,226$9,689$6,020$3,672$2,577
38 years$22,368$14,470$9,073$5,549$3,329$2,309
39 years$21,553$13,760$8,501$5,116$3,019$2,069
40 years$20,781$13,091$7,968$4,719$2,739$1,855
41 years$20,048$12,462$7,471$4,354$2,485$1,663
42 years$19,352$11,868$7,008$4,018$2,254$1,491
43 years$18,690$11,308$6,576$3,709$2,046$1,337
44 years$18,060$10,779$6,173$3,425$1,857$1,199
45 years$17,459$10,279$5,796$3,163$1,686$1,075
46 years$16,887$9,805$5,444$2,922$1,531$964
47 years$16,340$9,357$5,115$2,699$1,390$865
48 years$15,818$8,933$4,806$2,494$1,262$776
49 years$15,318$8,530$4,518$2,305$1,147$696
50 years$14,841$8,149$4,247$2,131$1,041$625

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,200,000, adding $2,945 every year, while hoping to spend $38,596 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: 43/41/16 Blend
50$15,200,000$15,200,000$15,200,000$15,200,000
51$16,753,438$15,947,838$15,712,238$17,395,755
52$18,421,223$16,688,216$16,197,532$18,587,785
53$20,257,828$17,463,579$16,697,790$19,874,368
54$22,280,433$18,275,601$17,213,472$21,267,407
55$24,507,967$19,126,035$17,745,053$22,776,707
56$26,961,289$20,016,721$18,293,023$24,413,025
57$29,663,387$20,949,586$18,857,885$26,188,163
58$32,639,587$21,926,651$19,440,159$28,115,081
59$35,917,802$22,950,034$20,040,381$30,208,004
60$39,528,788$24,021,956$20,659,104$32,482,552
61$43,506,436$25,144,743$21,296,896$34,955,880
62$47,888,095$26,320,838$21,954,344$37,646,833
63$52,714,918$27,552,797$22,632,053$40,576,113
64$58,032,259$28,843,302$23,330,645$43,766,467
65$63,890,091$30,195,166$24,050,763$47,242,891
66$70,343,486$31,611,335$24,793,069$51,032,859
67$77,453,130$33,094,899$25,558,246$55,166,569
68$85,285,898$34,649,098$26,346,996$59,677,221
69$93,915,484$36,277,328$27,160,045$64,601,315
70$103,423,096$37,983,150$27,998,139$69,978,988
71$113,898,224$39,770,296$28,862,049$75,854,378
72$125,439,483$41,642,681$29,752,567$82,276,031
73$138,155,545$43,604,407$30,670,513$89,297,341
74$152,166,164$45,659,776$31,616,729$96,977,045
75$167,603,307$47,813,300$32,592,084$105,379,761
76$184,612,399$50,069,706$33,597,473$114,576,581
77$203,353,695$52,433,953$34,633,820$124,645,730
78$224,003,795$54,911,239$35,702,076$135,673,283
79$246,757,307$57,507,015$36,803,220$147,753,966
80$271,828,689$60,226,996$37,938,265$160,992,026
81$299,454,270$63,077,173$39,108,251$175,502,199
82$329,894,480$66,063,829$40,314,252$191,410,772
83$363,436,311$69,193,551$41,557,374$208,856,756
84$400,396,026$72,473,246$42,838,757$227,993,175
85$441,122,142$75,910,156$44,159,577$248,988,485
86$485,998,722$79,511,875$45,521,044$272,028,147
87$535,449,000$83,286,365$46,924,407$297,316,343
88$589,939,376$87,241,976$48,370,953$325,077,888
89$649,983,819$91,387,460$49,862,007$355,560,314
90$716,148,721$95,731,997$51,398,937$389,036,185
91$789,058,239$100,285,214$52,983,150$425,805,639
92$869,400,192$105,057,202$54,616,098$466,199,186
93$957,932,552$110,058,545$56,299,277$510,580,798
94$1,055,490,598$115,300,340$58,034,229$559,351,309
95$1,162,994,807$120,794,224$59,822,543$612,952,164
96$1,281,459,536$126,552,400$61,665,857$671,869,545
97$1,412,002,605$132,587,663$63,565,859$736,638,925
98$1,555,855,843$138,913,431$65,524,288$807,850,077
99$1,714,376,724$145,543,775$67,542,937$886,152,604
100$1,889,061,178$152,493,448$69,623,654$972,262,017