Can I retire at age 51 with 15,300,000?

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 $15,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,185,743
2 years$625,475$613,826$602,537$591,591$580,973$546,677
3 years$412,841$401,142$389,881$379,038$368,593$335,376
4 years$306,545$294,882$283,734$273,075$262,884$231,001
5 years$242,784$231,191$220,189$209,748$199,840$169,378
6 years$200,291$188,785$177,945$167,737$158,127$129,114
7 years$169,950$158,541$147,873$137,906$128,599$101,037
8 years$147,205$135,899$125,408$115,686$106,686$80,559
9 years$129,524$118,325$108,014$98,539$89,845$65,127
10 years$115,387$104,297$94,169$84,941$76,552$53,212
11 years$103,829$92,850$82,905$73,924$65,837$43,836
12 years$94,203$83,337$73,576$64,842$57,053$36,349
13 years$86,065$75,312$65,735$57,245$49,752$30,300
14 years$79,095$68,457$59,064$50,816$43,612$25,365
15 years$73,060$62,537$53,326$45,319$38,399$21,308
16 years$67,785$57,376$48,348$40,578$33,937$17,952
17 years$63,135$52,841$43,995$36,459$30,091$15,160
18 years$59,006$48,828$40,162$32,857$26,756$12,828
19 years$55,316$45,253$36,766$29,689$23,848$10,873
20 years$52,000$42,051$33,742$26,889$21,302$9,229
21 years$49,003$39,169$31,036$24,404$19,062$7,842
22 years$46,282$36,563$28,605$22,189$17,087$6,671
23 years$43,802$34,197$26,411$20,208$15,338$5,679
24 years$41,531$32,040$24,426$18,431$13,786$4,838
25 years$39,446$30,068$22,623$16,832$12,405$4,124
26 years$37,524$28,259$20,982$15,390$11,174$3,518
27 years$35,747$26,595$19,484$14,087$10,075$3,002
28 years$34,100$25,060$18,113$12,907$9,091$2,562
29 years$32,570$23,642$16,855$11,836$8,209$2,188
30 years$31,144$22,327$15,700$10,862$7,417$1,868
31 years$29,813$21,106$14,637$9,976$6,706$1,596
32 years$28,568$19,971$13,656$9,168$6,066$1,364
33 years$27,400$18,913$12,751$8,431$5,489$1,166
34 years$26,304$17,925$11,914$7,757$4,970$996
35 years$25,272$17,002$11,139$7,141$4,502$852
36 years$24,300$16,137$10,420$6,577$4,079$728
37 years$23,383$15,326$9,753$6,060$3,697$622
38 years$22,516$14,566$9,133$5,585$3,351$532
39 years$21,695$13,850$8,557$5,150$3,039$455
40 years$20,918$13,178$8,020$4,750$2,757$389
41 years$20,180$12,544$7,520$4,382$2,501$333
42 years$19,479$11,946$7,054$4,044$2,269$285
43 years$18,813$11,382$6,620$3,734$2,059$243
44 years$18,179$10,850$6,214$3,447$1,869$208
45 years$17,574$10,346$5,834$3,184$1,697$178
46 years$16,998$9,870$5,480$2,941$1,541$152
47 years$16,448$9,419$5,148$2,717$1,399$130
48 years$15,922$8,992$4,838$2,511$1,271$111
49 years$15,419$8,587$4,547$2,320$1,154$95
50 years$14,938$8,202$4,275$2,145$1,048$82

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,300,000, adding $2,927 every year, while hoping to spend $29,022 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: 67/12/21 Blend
50$15,300,000$15,300,000$15,300,000$15,300,000
51$16,863,619$16,052,719$15,815,569$17,904,088
52$18,552,829$16,808,423$16,314,512$19,357,469
53$20,413,366$17,600,184$16,829,196$20,942,628
54$22,462,674$18,429,738$17,360,119$22,675,449
55$24,719,977$19,298,905$17,907,793$24,570,465
56$27,206,456$20,209,594$18,472,746$26,643,672
57$29,945,456$21,163,805$19,055,524$28,912,673
58$32,962,698$22,163,637$19,656,689$31,396,849
59$36,286,527$23,211,288$20,276,822$34,117,529
60$39,948,178$24,309,067$20,916,521$37,098,196
61$43,982,070$25,459,389$21,576,403$40,364,701
62$48,426,134$26,664,792$22,257,105$43,945,508
63$53,322,166$27,927,933$22,959,284$47,871,954
64$58,716,225$29,251,600$23,683,618$52,178,544
65$64,659,067$30,638,715$24,430,806$56,903,272
66$71,206,623$32,092,343$25,201,569$62,087,978
67$78,420,528$33,615,698$25,996,651$67,778,735
68$86,368,702$35,212,148$26,816,820$74,026,283
69$95,125,993$36,885,226$27,662,866$80,886,499
70$104,774,879$38,638,637$28,535,607$88,420,927
71$115,406,252$40,476,265$29,435,885$96,697,345
72$127,120,272$42,402,184$30,364,569$105,790,408
73$140,027,312$44,420,664$31,322,555$115,782,342
74$154,249,006$46,536,184$32,310,768$126,763,717
75$169,919,387$48,753,440$33,330,162$138,834,295
76$187,186,163$51,077,356$34,381,720$152,103,967
77$206,212,101$53,513,097$35,466,458$166,693,783
78$227,176,574$56,066,077$36,585,423$182,737,086
79$250,277,244$58,741,975$37,739,694$200,380,772
80$275,731,936$61,546,744$38,930,386$219,786,657
81$303,780,688$64,486,629$40,158,649$241,133,010
82$334,688,021$67,568,177$41,425,667$264,616,217
83$368,745,436$70,798,255$42,732,664$290,452,636
84$406,274,164$74,184,062$44,080,901$318,880,623
85$447,628,197$77,733,150$45,471,680$350,162,781
86$493,197,636$81,453,436$46,906,344$384,588,421
87$543,412,364$85,353,225$48,386,276$422,476,294
88$598,746,115$89,441,223$49,912,906$464,177,579
89$659,720,938$93,726,562$51,487,708$510,079,196
90$726,912,129$98,218,818$53,112,201$560,607,446
91$800,953,660$102,928,034$54,787,953$616,232,020
92$882,544,167$107,864,741$56,516,583$677,470,426
93$972,453,542$113,039,984$58,299,759$744,892,858
94$1,071,530,205$118,465,344$60,139,202$819,127,571
95$1,180,709,108$124,152,969$62,036,689$900,866,793
96$1,301,020,569$130,115,596$63,994,049$990,873,248
97$1,433,599,992$136,366,585$66,013,175$1,089,987,344
98$1,579,698,588$142,919,945$68,096,013$1,199,135,086
99$1,740,695,190$149,790,368$70,244,576$1,319,336,809
100$1,918,109,267$156,993,264$72,460,937$1,451,716,786