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%15.2%
1 years$1,255,202$1,244,021$1,233,113$1,222,466$1,212,069$1,186,143
2 years$621,387$609,814$598,598$587,724$577,176$551,181
3 years$410,143$398,520$387,333$376,560$366,184$340,933
4 years$304,542$292,955$281,879$271,291$261,166$236,853
5 years$241,198$229,680$218,750$208,377$198,534$175,228
6 years$198,982$187,551$176,782$166,641$157,093$134,819
7 years$168,840$157,505$146,907$137,005$127,759$106,521
8 years$146,243$135,011$124,589$114,930$105,988$85,779
9 years$128,678$117,551$107,308$97,895$89,257$70,063
10 years$114,633$103,616$93,554$84,386$76,052$57,852
11 years$103,150$92,243$82,363$73,441$65,407$48,179
12 years$93,587$82,792$73,095$64,418$56,680$40,398
13 years$85,502$74,820$65,306$56,871$49,426$34,060
14 years$78,578$68,009$58,678$50,484$43,327$28,847
15 years$72,583$62,128$52,978$45,023$38,148$24,523
16 years$67,342$57,001$48,032$40,313$33,716$20,912
17 years$62,722$52,496$43,707$36,221$29,895$17,879
18 years$58,621$48,509$39,899$32,642$26,581$15,320
19 years$54,955$44,957$36,526$29,495$23,692$13,151
20 years$51,660$41,776$33,522$26,714$21,162$11,307
21 years$48,683$38,913$30,833$24,244$18,938$9,735
22 years$45,980$36,324$28,418$22,044$16,975$8,390
23 years$43,515$33,973$26,239$20,076$15,238$7,239
24 years$41,260$31,831$24,266$18,310$13,696$6,251
25 years$39,188$29,871$22,476$16,722$12,324$5,401
26 years$37,279$28,074$20,845$15,290$11,101$4,670
27 years$35,514$26,421$19,356$13,995$10,009$4,040
28 years$33,877$24,897$17,994$12,822$9,031$3,497
29 years$32,357$23,487$16,745$11,758$8,155$3,028
30 years$30,941$22,181$15,598$10,791$7,368$2,622
31 years$29,618$20,968$14,541$9,911$6,662$2,272
32 years$28,381$19,840$13,567$9,108$6,026$1,969
33 years$27,221$18,789$12,668$8,376$5,454$1,707
34 years$26,132$17,808$11,836$7,707$4,938$1,480
35 years$25,107$16,890$11,066$7,094$4,472$1,283
36 years$24,141$16,032$10,352$6,534$4,052$1,113
37 years$23,230$15,226$9,689$6,020$3,672$965
38 years$22,368$14,470$9,073$5,549$3,329$837
39 years$21,553$13,760$8,501$5,116$3,019$726
40 years$20,781$13,091$7,968$4,719$2,739$630
41 years$20,048$12,462$7,471$4,354$2,485$547
42 years$19,352$11,868$7,008$4,018$2,254$474
43 years$18,690$11,308$6,576$3,709$2,046$412
44 years$18,060$10,779$6,173$3,425$1,857$357
45 years$17,459$10,279$5,796$3,163$1,686$310
46 years$16,887$9,805$5,444$2,922$1,531$269
47 years$16,340$9,357$5,115$2,699$1,390$233
48 years$15,818$8,933$4,806$2,494$1,262$203
49 years$15,318$8,530$4,518$2,305$1,147$176
50 years$14,841$8,149$4,247$2,131$1,041$153

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 $2,159 every year, while hoping to spend $20,469 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: 76/13/11 Blend
50$15,200,000$15,200,000$15,200,000$15,200,000
51$16,752,627$15,947,027$15,711,427$17,991,315
52$18,439,616$16,706,652$16,215,981$19,567,255
53$20,297,992$17,502,814$16,736,751$21,291,518
54$22,345,215$18,337,279$17,274,260$23,181,073
55$24,600,524$19,211,903$17,829,045$25,252,346
56$27,085,122$20,128,631$18,401,663$27,523,425
57$29,822,373$21,089,502$18,992,687$30,014,220
58$32,838,021$22,096,654$19,602,708$32,746,652
59$36,160,440$23,152,331$20,232,340$35,744,858
60$39,820,893$24,258,883$20,882,211$39,035,417
61$43,853,833$25,418,777$21,552,974$42,647,592
62$48,297,226$26,634,599$22,245,301$46,613,611
63$53,192,910$27,909,061$22,959,885$50,968,962
64$58,586,988$29,245,007$23,697,443$55,752,727
65$64,530,267$30,645,418$24,458,713$61,007,948
66$71,078,734$32,113,423$25,244,459$66,782,029
67$78,294,085$33,652,301$26,055,469$73,127,180
68$86,244,310$35,265,492$26,892,556$80,100,902
69$95,004,331$36,956,603$27,756,557$87,766,535
70$104,656,711$38,729,415$28,648,341$96,193,839
71$115,292,436$40,587,896$29,568,800$105,459,660
72$127,011,768$42,536,207$30,518,858$115,648,641
73$139,925,195$44,578,708$31,499,468$126,854,023
74$154,154,477$46,719,977$32,511,612$139,178,517
75$169,833,788$48,964,810$33,556,305$152,735,267
76$187,110,989$51,318,241$34,634,596$167,648,913
77$206,149,021$53,785,545$35,747,565$184,056,766
78$227,127,441$56,372,257$36,896,330$202,110,091
79$250,244,125$59,084,182$38,082,041$221,975,532
80$275,717,125$61,927,406$39,305,888$243,836,682
81$303,786,736$64,908,313$40,569,100$267,895,800
82$334,717,761$68,033,599$41,872,943$294,375,723
83$368,802,011$71,310,284$43,218,725$323,521,953
84$406,361,060$74,745,732$44,607,797$355,604,974
85$447,749,282$78,347,666$46,041,551$390,922,791
86$493,357,193$82,124,186$47,521,428$429,803,740
87$543,615,142$86,083,786$49,048,910$472,609,572
88$598,997,370$90,235,375$50,625,533$519,738,864
89$660,026,490$94,588,297$52,252,877$571,630,769
90$727,278,420$99,152,351$53,932,575$628,769,151
91$801,387,816$103,937,814$55,666,314$691,687,142
92$883,054,072$108,955,466$57,455,834$760,972,164
93$973,047,914$114,216,610$59,302,931$837,271,464
94$1,072,218,680$119,733,103$61,209,459$921,298,206
95$1,181,502,342$125,517,381$63,177,332$1,013,838,199
96$1,301,930,333$131,582,486$65,208,525$1,115,757,293
97$1,434,639,294$137,942,095$67,305,078$1,228,009,544
98$1,580,881,800$144,610,555$69,469,095$1,351,646,204
99$1,742,038,184$151,602,912$71,702,750$1,487,825,629
100$1,919,629,571$158,934,948$74,008,285$1,637,824,201