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%13.6%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,201,811
2 years$625,475$613,826$602,537$591,591$580,973$562,646
3 years$412,841$401,142$389,881$379,038$368,593$350,741
4 years$306,545$294,882$283,734$273,075$262,884$245,644
5 years$242,784$231,191$220,189$209,748$199,840$183,262
6 years$200,291$188,785$177,945$167,737$158,127$142,230
7 years$169,950$158,541$147,873$137,906$128,599$113,390
8 years$147,205$135,899$125,408$115,686$106,686$92,161
9 years$129,524$118,325$108,014$98,539$89,845$75,997
10 years$115,387$104,297$94,169$84,941$76,552$63,371
11 years$103,829$92,850$82,905$73,924$65,837$53,310
12 years$94,203$83,337$73,576$64,842$57,053$45,164
13 years$86,065$75,312$65,735$57,245$49,752$38,484
14 years$79,095$68,457$59,064$50,816$43,612$32,948
15 years$73,060$62,537$53,326$45,319$38,399$28,320
16 years$67,785$57,376$48,348$40,578$33,937$24,423
17 years$63,135$52,841$43,995$36,459$30,091$21,121
18 years$59,006$48,828$40,162$32,857$26,756$18,310
19 years$55,316$45,253$36,766$29,689$23,848$15,904
20 years$52,000$42,051$33,742$26,889$21,302$13,839
21 years$49,003$39,169$31,036$24,404$19,062$12,060
22 years$46,282$36,563$28,605$22,189$17,087$10,523
23 years$43,802$34,197$26,411$20,208$15,338$9,193
24 years$41,531$32,040$24,426$18,431$13,786$8,038
25 years$39,446$30,068$22,623$16,832$12,405$7,034
26 years$37,524$28,259$20,982$15,390$11,174$6,160
27 years$35,747$26,595$19,484$14,087$10,075$5,398
28 years$34,100$25,060$18,113$12,907$9,091$4,733
29 years$32,570$23,642$16,855$11,836$8,209$4,152
30 years$31,144$22,327$15,700$10,862$7,417$3,644
31 years$29,813$21,106$14,637$9,976$6,706$3,199
32 years$28,568$19,971$13,656$9,168$6,066$2,810
33 years$27,400$18,913$12,751$8,431$5,489$2,468
34 years$26,304$17,925$11,914$7,757$4,970$2,169
35 years$25,272$17,002$11,139$7,141$4,502$1,906
36 years$24,300$16,137$10,420$6,577$4,079$1,676
37 years$23,383$15,326$9,753$6,060$3,697$1,473
38 years$22,516$14,566$9,133$5,585$3,351$1,295
39 years$21,695$13,850$8,557$5,150$3,039$1,139
40 years$20,918$13,178$8,020$4,750$2,757$1,002
41 years$20,180$12,544$7,520$4,382$2,501$881
42 years$19,479$11,946$7,054$4,044$2,269$775
43 years$18,813$11,382$6,620$3,734$2,059$682
44 years$18,179$10,850$6,214$3,447$1,869$600
45 years$17,574$10,346$5,834$3,184$1,697$528
46 years$16,998$9,870$5,480$2,941$1,541$465
47 years$16,448$9,419$5,148$2,717$1,399$409
48 years$15,922$8,992$4,838$2,511$1,271$360
49 years$15,419$8,587$4,547$2,320$1,154$317
50 years$14,938$8,202$4,275$2,145$1,048$279

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 $6,924 every year, while hoping to spend $28,474 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: 34/39/27 Blend
50$15,300,000$15,300,000$15,300,000$15,300,000
51$16,867,742$16,056,842$15,819,692$17,302,977
52$18,557,956$16,813,331$16,319,356$18,387,535
53$20,419,617$17,605,934$16,834,804$19,553,217
54$22,470,183$18,436,390$17,366,535$20,809,710
55$24,728,891$19,306,523$17,915,063$22,165,111
56$27,216,941$20,218,245$18,480,920$23,628,293
57$29,957,690$21,173,561$19,064,653$25,208,982
58$32,976,882$22,174,573$19,666,827$26,917,841
59$36,302,883$23,223,485$20,288,024$28,766,561
60$39,966,949$24,322,608$20,928,845$30,767,968
61$44,003,527$25,474,365$21,589,910$32,936,132
62$48,450,575$26,681,297$22,271,860$35,286,494
63$53,349,920$27,946,067$22,975,354$37,835,999
64$58,747,655$29,271,468$23,701,072$40,603,250
65$64,694,576$30,660,430$24,449,717$43,608,672
66$71,246,654$32,116,022$25,222,014$46,874,698
67$78,465,570$33,641,465$26,018,710$50,425,962
68$86,419,297$35,240,135$26,840,575$54,289,529
69$95,182,736$36,915,573$27,688,405$58,495,134
70$104,838,429$38,671,490$28,563,021$63,075,451
71$115,477,335$40,511,779$29,465,268$68,066,389
72$127,199,689$42,440,522$30,396,020$73,507,419
73$140,115,949$44,461,999$31,356,178$79,441,928
74$154,347,836$46,580,698$32,346,671$85,917,620
75$170,029,488$48,801,325$33,368,457$92,986,945
76$187,308,722$51,128,815$34,422,526$100,707,582
77$206,348,428$53,568,343$35,509,897$109,142,966
78$227,328,111$56,125,336$36,631,623$118,362,868
79$250,445,585$58,805,484$37,788,789$128,444,034
80$275,918,837$61,614,755$38,982,515$139,470,895
81$303,988,086$64,559,406$40,213,957$151,536,338
82$334,918,053$67,645,999$41,484,307$164,742,566
83$369,000,456$70,881,415$42,794,793$179,202,038
84$406,556,769$74,272,870$44,146,685$195,038,511
85$447,941,251$77,827,932$45,541,290$212,388,180
86$493,544,294$81,554,536$46,979,959$231,400,940
87$543,796,108$85,461,005$48,464,084$252,241,775
88$599,170,782$89,556,065$49,995,102$275,092,288
89$660,190,758$93,848,868$51,574,493$300,152,385
90$727,431,765$98,349,012$53,203,789$327,642,135
91$801,528,253$103,066,562$54,884,564$357,803,811
92$883,179,384$108,012,073$56,618,446$390,904,147
93$973,155,631$113,196,615$58,407,114$427,236,821
94$1,072,306,052$118,631,795$60,252,298$467,125,191
95$1,181,566,305$124,329,788$62,155,786$510,925,308
96$1,301,967,482$130,303,362$64,119,419$559,029,239
97$1,434,645,844$136,565,906$66,145,098$611,868,727
98$1,580,853,545$143,131,460$68,234,784$669,919,222
99$1,741,970,458$150,014,753$70,390,501$733,704,322
100$1,919,517,196$157,231,227$72,614,334$803,800,673