Can I retire at age 51 with 15,400,000?

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 $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,219,767
2 years$629,563$617,838$606,475$595,457$584,770$576,450
3 years$415,540$403,764$392,429$381,515$371,002$362,869
4 years$308,549$296,809$285,588$274,860$264,602$256,718
5 years$244,371$232,702$221,628$211,119$201,146$193,536
6 years$201,600$190,019$179,108$168,834$159,160$151,832
7 years$171,061$159,577$148,840$138,807$129,440$122,398
8 years$148,168$136,787$126,228$116,442$107,383$100,628
9 years$130,371$119,098$108,720$99,183$90,432$83,962
10 years$116,142$104,979$94,785$85,497$77,052$70,864
11 years$104,507$93,457$83,447$74,408$66,268$60,356
12 years$94,819$83,882$74,057$65,265$57,426$51,786
13 years$86,627$75,805$66,165$57,620$50,077$44,703
14 years$79,612$68,904$59,450$51,148$43,897$38,783
15 years$73,538$62,945$53,675$45,615$38,650$33,789
16 years$68,228$57,751$48,664$40,844$34,159$29,543
17 years$63,548$53,187$44,283$36,698$30,288$25,910
18 years$59,392$49,147$40,424$33,072$26,931$22,783
19 years$55,678$45,549$37,006$29,883$24,004$20,079
20 years$52,340$42,326$33,963$27,065$21,441$17,731
21 years$49,323$39,425$31,239$24,563$19,187$15,683
22 years$46,585$36,802$28,792$22,334$17,198$13,893
23 years$44,088$34,420$26,584$20,340$15,438$12,323
24 years$41,803$32,249$24,586$18,551$13,876$10,943
25 years$39,704$30,264$22,771$16,942$12,487$9,728
26 years$37,769$28,444$21,119$15,491$11,247$8,655
27 years$35,981$26,769$19,611$14,179$10,141$7,706
28 years$34,323$25,224$18,231$12,991$9,150$6,866
29 years$32,783$23,796$16,966$11,913$8,262$6,122
30 years$31,348$22,473$15,803$10,933$7,465$5,461
31 years$30,008$21,244$14,732$10,041$6,749$4,874
32 years$28,754$20,101$13,746$9,228$6,105$4,351
33 years$27,579$19,036$12,834$8,486$5,525$3,887
34 years$26,475$18,042$11,992$7,808$5,003$3,473
35 years$25,437$17,113$11,211$7,188$4,531$3,104
36 years$24,459$16,242$10,488$6,620$4,105$2,775
37 years$23,535$15,427$9,817$6,099$3,721$2,481
38 years$22,663$14,661$9,193$5,622$3,373$2,219
39 years$21,837$13,941$8,613$5,183$3,059$1,986
40 years$21,054$13,264$8,073$4,781$2,775$1,777
41 years$20,312$12,626$7,570$4,411$2,517$1,590
42 years$19,606$12,024$7,101$4,071$2,284$1,423
43 years$18,936$11,457$6,663$3,758$2,073$1,274
44 years$18,297$10,921$6,254$3,470$1,882$1,140
45 years$17,689$10,414$5,873$3,204$1,708$1,021
46 years$17,109$9,934$5,516$2,960$1,551$914
47 years$16,555$9,481$5,182$2,735$1,408$819
48 years$16,026$9,050$4,869$2,527$1,279$733
49 years$15,520$8,643$4,577$2,335$1,162$656
50 years$15,036$8,256$4,303$2,159$1,055$588

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,400,000, adding $5,214 every year, while hoping to spend $46,153 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: 56/19/25 Blend
50$15,400,000$15,400,000$15,400,000$15,400,000
51$16,976,178$16,159,978$15,921,278$17,810,442
52$18,658,642$16,902,711$16,405,535$19,125,954
53$20,511,170$17,680,290$16,904,467$20,553,193
54$22,551,061$18,494,376$17,418,518$22,107,243
55$24,797,374$19,346,705$17,948,143$23,800,330
56$27,271,114$20,239,102$18,493,814$25,645,903
57$29,995,424$21,173,474$19,056,013$27,658,748
58$32,995,807$22,151,824$19,635,239$29,855,132
59$36,300,367$23,176,251$20,232,007$32,252,950
60$39,940,069$24,248,952$20,846,844$34,871,885
61$43,949,039$25,372,233$21,480,296$37,733,598
62$48,364,878$26,548,510$22,132,923$40,861,920
63$53,229,024$27,780,315$22,805,305$44,283,078
64$58,587,137$29,070,303$23,498,035$48,025,931
65$64,489,533$30,421,257$24,211,727$52,122,244
66$70,991,659$31,836,091$24,947,013$56,606,979
67$78,154,614$33,317,865$25,704,544$61,518,620
68$86,045,727$34,869,783$26,484,988$66,899,528
69$94,739,192$36,495,204$27,289,037$72,796,338
70$104,316,771$38,197,650$28,117,400$79,260,392
71$114,868,559$39,980,812$28,970,811$86,348,216
72$126,493,841$41,848,561$29,850,022$94,122,046
73$139,302,025$43,804,953$30,755,810$102,650,409
74$153,413,678$45,854,241$31,688,976$112,008,764
75$168,961,658$48,000,885$32,650,342$122,280,203
76$186,092,376$50,249,557$33,640,757$133,556,230
77$204,967,171$52,605,158$34,661,095$145,937,611
78$225,763,836$55,072,824$35,712,256$159,535,325
79$248,678,296$57,657,942$36,795,165$174,471,592
80$273,926,458$60,366,156$37,910,779$190,881,026
81$301,746,246$63,203,387$39,060,079$208,911,888
82$332,399,850$66,175,840$40,244,078$228,727,480
83$366,176,199$69,290,021$41,463,820$250,507,672
84$403,393,690$72,552,751$42,720,377$274,450,591
85$444,403,193$75,971,181$44,014,855$300,774,475
86$489,591,359$79,552,810$45,348,394$329,719,726
87$539,384,279$83,305,499$46,722,166$361,551,161
88$594,251,496$87,237,489$48,137,379$396,560,502
89$654,710,446$91,357,423$49,595,278$435,069,111
90$721,331,334$95,674,360$51,097,143$477,431,011
91$794,742,527$100,197,800$52,644,294$524,036,215
92$875,636,477$104,937,704$54,238,090$575,314,384
93$964,776,261$109,904,515$55,879,929$631,738,873
94$1,063,002,786$115,109,183$57,571,254$693,831,177
95$1,171,242,726$120,563,189$59,313,547$762,165,837
96$1,290,517,271$126,278,571$61,108,337$837,375,845
97$1,421,951,764$132,267,953$62,957,197$920,158,595
98$1,566,786,329$138,544,568$64,861,750$1,011,282,451
99$1,726,387,579$145,122,296$66,823,662$1,111,593,972
100$1,902,261,510$152,015,687$68,844,653$1,222,025,885