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%15.1%
1 years$1,255,202$1,244,021$1,233,113$1,222,466$1,212,069$1,186,627
2 years$621,387$609,814$598,598$587,724$577,176$551,663
3 years$410,143$398,520$387,333$376,560$366,184$341,397
4 years$304,542$292,955$281,879$271,291$261,166$237,295
5 years$241,198$229,680$218,750$208,377$198,534$175,647
6 years$198,982$187,551$176,782$166,641$157,093$135,215
7 years$168,840$157,505$146,907$137,005$127,759$106,894
8 years$146,243$135,011$124,589$114,930$105,988$86,129
9 years$128,678$117,551$107,308$97,895$89,257$70,391
10 years$114,633$103,616$93,554$84,386$76,052$58,159
11 years$103,150$92,243$82,363$73,441$65,407$48,465
12 years$93,587$82,792$73,095$64,418$56,680$40,664
13 years$85,502$74,820$65,306$56,871$49,426$34,308
14 years$78,578$68,009$58,678$50,484$43,327$29,077
15 years$72,583$62,128$52,978$45,023$38,148$24,736
16 years$67,342$57,001$48,032$40,313$33,716$21,108
17 years$62,722$52,496$43,707$36,221$29,895$18,060
18 years$58,621$48,509$39,899$32,642$26,581$15,486
19 years$54,955$44,957$36,526$29,495$23,692$13,303
20 years$51,660$41,776$33,522$26,714$21,162$11,447
21 years$48,683$38,913$30,833$24,244$18,938$9,862
22 years$45,980$36,324$28,418$22,044$16,975$8,507
23 years$43,515$33,973$26,239$20,076$15,238$7,345
24 years$41,260$31,831$24,266$18,310$13,696$6,347
25 years$39,188$29,871$22,476$16,722$12,324$5,489
26 years$37,279$28,074$20,845$15,290$11,101$4,750
27 years$35,514$26,421$19,356$13,995$10,009$4,113
28 years$33,877$24,897$17,994$12,822$9,031$3,562
29 years$32,357$23,487$16,745$11,758$8,155$3,087
30 years$30,941$22,181$15,598$10,791$7,368$2,676
31 years$29,618$20,968$14,541$9,911$6,662$2,320
32 years$28,381$19,840$13,567$9,108$6,026$2,012
33 years$27,221$18,789$12,668$8,376$5,454$1,746
34 years$26,132$17,808$11,836$7,707$4,938$1,515
35 years$25,107$16,890$11,066$7,094$4,472$1,315
36 years$24,141$16,032$10,352$6,534$4,052$1,141
37 years$23,230$15,226$9,689$6,020$3,672$991
38 years$22,368$14,470$9,073$5,549$3,329$860
39 years$21,553$13,760$8,501$5,116$3,019$747
40 years$20,781$13,091$7,968$4,719$2,739$648
41 years$20,048$12,462$7,471$4,354$2,485$563
42 years$19,352$11,868$7,008$4,018$2,254$489
43 years$18,690$11,308$6,576$3,709$2,046$425
44 years$18,060$10,779$6,173$3,425$1,857$369
45 years$17,459$10,279$5,796$3,163$1,686$320
46 years$16,887$9,805$5,444$2,922$1,531$278
47 years$16,340$9,357$5,115$2,699$1,390$242
48 years$15,818$8,933$4,806$2,494$1,262$210
49 years$15,318$8,530$4,518$2,305$1,147$182
50 years$14,841$8,149$4,247$2,131$1,041$158

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 $6,358 every year, while hoping to spend $33,560 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: 52/36/12 Blend
50$15,200,000$15,200,000$15,200,000$15,200,000
51$16,756,958$15,951,358$15,715,758$17,574,857
52$18,430,460$16,697,267$16,206,529$18,879,548
53$20,273,535$17,478,601$16,712,615$20,293,615
54$22,303,443$18,297,060$17,234,495$21,830,727
55$24,539,205$19,154,426$17,772,661$23,502,516
56$27,001,780$20,052,569$18,327,622$25,321,764
57$29,714,264$20,993,448$18,899,900$27,302,508
58$32,702,109$21,979,117$19,490,036$29,460,177
59$35,993,358$23,011,728$20,098,586$31,811,724
60$39,618,918$24,093,539$20,726,126$34,375,782
61$43,612,843$25,226,918$21,373,247$37,172,833
62$48,012,661$26,414,346$22,040,559$40,225,397
63$52,859,728$27,658,424$22,728,693$43,558,230
64$58,199,613$28,961,879$23,438,296$47,198,558
65$64,082,534$30,327,572$24,170,040$51,176,320
66$70,563,830$31,758,500$24,924,614$55,524,445
67$77,704,481$33,257,808$25,702,729$60,279,154
68$85,571,688$34,828,790$26,505,121$65,480,291
69$94,239,503$36,474,904$27,332,545$71,171,689
70$103,789,529$38,199,771$28,185,782$77,401,576
71$114,311,692$40,007,191$29,065,637$84,223,016
72$125,905,089$41,901,147$29,972,939$91,694,405
73$138,678,920$43,885,815$30,908,545$99,880,001
74$152,753,524$45,965,574$31,873,336$108,850,527
75$168,261,513$48,145,017$32,868,222$118,683,822
76$185,349,021$50,428,957$33,894,141$129,465,561
77$204,177,087$52,822,442$34,952,061$141,290,051
78$224,923,174$55,330,765$36,042,979$154,261,110
79$247,782,843$57,959,477$37,167,923$168,493,025
80$272,971,599$60,714,398$38,327,955$184,111,619
81$300,726,927$63,601,629$39,524,167$201,255,421
82$331,310,534$66,627,569$40,757,687$220,076,955
83$365,010,817$69,798,929$42,029,678$240,744,163
84$402,145,588$73,122,743$43,341,339$263,441,969
85$443,065,070$76,606,390$44,693,906$288,374,006
86$488,155,209$80,257,605$46,088,654$315,764,515
87$537,841,314$84,084,501$47,526,898$345,860,441
88$592,592,072$88,095,585$49,009,992$378,933,743
89$652,923,971$92,299,777$50,539,335$415,283,931
90$719,406,180$96,706,430$52,116,367$455,240,873
91$792,665,920$101,325,355$53,742,575$499,167,881
92$873,394,383$106,166,836$55,419,490$547,465,109
93$962,353,260$111,241,661$57,148,693$600,573,307
94$1,060,381,931$116,561,141$58,931,812$658,977,947
95$1,168,405,388$122,137,137$60,770,529$723,213,775
96$1,287,442,970$127,982,089$62,666,574$793,869,825
97$1,418,617,983$134,109,041$64,621,734$871,594,944
98$1,563,168,305$140,531,673$66,637,850$957,103,882
99$1,722,458,076$147,264,329$68,716,822$1,051,183,996
100$1,897,990,572$154,322,053$70,860,607$1,154,702,650