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

Use the below retirement simulation to view the chances of a successful retirement.
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%16%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,197,845
2 years$629,563$617,838$606,475$595,457$584,770$554,558
3 years$415,540$403,764$392,429$381,515$371,002$341,695
4 years$308,549$296,809$285,588$274,860$264,602$236,425
5 years$244,371$232,702$221,628$211,119$201,146$174,178
6 years$201,600$190,019$179,108$168,834$159,160$133,428
7 years$171,061$159,577$148,840$138,807$129,440$104,946
8 years$148,168$136,787$126,228$116,442$107,383$84,118
9 years$130,371$119,098$108,720$99,183$90,432$68,376
10 years$116,142$104,979$94,785$85,497$77,052$56,180
11 years$104,507$93,457$83,447$74,408$66,268$46,549
12 years$94,819$83,882$74,057$65,265$57,426$38,828
13 years$86,627$75,805$66,165$57,620$50,077$32,562
14 years$79,612$68,904$59,450$51,148$43,897$27,428
15 years$73,538$62,945$53,675$45,615$38,650$23,187
16 years$68,228$57,751$48,664$40,844$34,159$19,661
17 years$63,548$53,187$44,283$36,698$30,288$16,713
18 years$59,392$49,147$40,424$33,072$26,931$14,236
19 years$55,678$45,549$37,006$29,883$24,004$12,148
20 years$52,340$42,326$33,963$27,065$21,441$10,382
21 years$49,323$39,425$31,239$24,563$19,187$8,883
22 years$46,585$36,802$28,792$22,334$17,198$7,609
23 years$44,088$34,420$26,584$20,340$15,438$6,524
24 years$41,803$32,249$24,586$18,551$13,876$5,598
25 years$39,704$30,264$22,771$16,942$12,487$4,806
26 years$37,769$28,444$21,119$15,491$11,247$4,129
27 years$35,981$26,769$19,611$14,179$10,141$3,549
28 years$34,323$25,224$18,231$12,991$9,150$3,052
29 years$32,783$23,796$16,966$11,913$8,262$2,625
30 years$31,348$22,473$15,803$10,933$7,465$2,259
31 years$30,008$21,244$14,732$10,041$6,749$1,944
32 years$28,754$20,101$13,746$9,228$6,105$1,674
33 years$27,579$19,036$12,834$8,486$5,525$1,441
34 years$26,475$18,042$11,992$7,808$5,003$1,241
35 years$25,437$17,113$11,211$7,188$4,531$1,069
36 years$24,459$16,242$10,488$6,620$4,105$921
37 years$23,535$15,427$9,817$6,099$3,721$793
38 years$22,663$14,661$9,193$5,622$3,373$683
39 years$21,837$13,941$8,613$5,183$3,059$589
40 years$21,054$13,264$8,073$4,781$2,775$507
41 years$20,312$12,626$7,570$4,411$2,517$437
42 years$19,606$12,024$7,101$4,071$2,284$377
43 years$18,936$11,457$6,663$3,758$2,073$325
44 years$18,297$10,921$6,254$3,470$1,882$280
45 years$17,689$10,414$5,873$3,204$1,708$241
46 years$17,109$9,934$5,516$2,960$1,551$208
47 years$16,555$9,481$5,182$2,735$1,408$179
48 years$16,026$9,050$4,869$2,527$1,279$154
49 years$15,520$8,643$4,577$2,335$1,162$133
50 years$15,036$8,256$4,303$2,159$1,055$115

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 $4,480 every year, while hoping to spend $48,709 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: 56/14/30 Blend
50$15,400,000$15,400,000$15,400,000$15,400,000
51$16,975,421$16,159,221$15,920,521$17,784,831
52$18,655,088$16,899,197$16,402,033$19,083,531
53$20,504,449$17,673,799$16,898,042$20,492,475
54$22,540,760$18,484,673$17,408,984$22,026,750
55$24,783,038$19,333,542$17,935,306$23,698,485
56$27,252,237$20,222,215$18,477,467$25,521,017
57$29,971,445$21,152,584$19,035,943$27,509,021
58$32,966,107$22,126,635$19,611,222$29,678,642
59$36,264,258$23,146,448$20,203,805$32,047,643
60$39,896,792$24,214,204$20,814,212$34,635,570
61$43,897,752$25,332,187$21,442,976$37,463,932
62$48,304,652$26,502,793$22,090,645$40,556,403
63$53,158,830$27,728,533$22,757,784$43,939,037
64$58,505,837$29,012,038$23,444,977$47,640,512
65$64,395,871$30,356,066$24,152,822$51,692,396
66$70,884,245$31,763,508$24,881,937$56,129,441
67$78,031,912$33,237,395$25,632,956$60,989,905
68$85,906,043$34,780,903$26,406,536$66,315,909
69$94,580,653$36,397,361$27,203,349$72,153,828
70$104,137,308$38,090,260$28,024,089$78,554,725
71$114,665,888$39,863,258$28,869,471$85,574,827
72$126,265,441$41,720,189$29,740,230$93,276,048
73$139,045,112$43,665,075$30,637,124$101,726,572
74$153,125,179$45,702,129$31,560,933$111,001,483
75$168,638,183$47,835,769$32,512,460$121,183,474
76$185,730,181$50,070,625$33,492,531$132,363,617
77$204,562,127$52,411,553$34,501,999$144,642,216
78$225,311,387$54,863,642$35,541,738$158,129,747
79$248,173,414$57,432,227$36,612,653$172,947,891
80$273,363,597$60,122,900$37,715,671$189,230,679
81$301,119,288$62,941,527$38,851,750$207,125,744
82$331,702,047$65,894,253$40,021,875$226,795,708
83$365,400,107$68,987,523$41,227,059$248,419,706
84$402,531,100$72,228,093$42,468,348$272,195,072
85$443,445,050$75,623,048$43,746,815$298,339,187
86$488,527,680$79,179,812$45,063,568$327,091,521
87$538,204,052$82,906,171$46,419,746$358,715,887
88$592,942,580$86,810,288$47,816,523$393,502,915
89$653,259,452$90,900,721$49,255,105$431,772,785
90$719,723,502$95,186,443$50,736,737$473,878,242
91$792,961,580$99,676,859$52,262,699$520,207,904
92$873,664,470$104,381,834$53,834,308$571,189,927
93$962,593,410$109,311,708$55,452,921$627,296,024
94$1,060,587,280$114,477,324$57,119,936$689,045,913
95$1,168,570,519$119,890,048$58,836,790$757,012,197
96$1,287,561,853$125,561,802$60,604,963$831,825,763
97$1,418,683,913$131,505,081$62,425,981$914,181,719
98$1,563,173,832$137,732,990$64,301,411$1,004,845,933
99$1,722,394,923$144,259,268$66,232,869$1,104,662,254
100$1,897,849,553$151,098,319$68,222,018$1,214,560,453