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%16.1%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,197,359
2 years$629,563$617,838$606,475$595,457$584,770$554,076
3 years$415,540$403,764$392,429$381,515$371,002$341,233
4 years$308,549$296,809$285,588$274,860$264,602$235,986
5 years$244,371$232,702$221,628$211,119$201,146$173,763
6 years$201,600$190,019$179,108$168,834$159,160$133,038
7 years$171,061$159,577$148,840$138,807$129,440$104,580
8 years$148,168$136,787$126,228$116,442$107,383$83,775
9 years$130,371$119,098$108,720$99,183$90,432$68,057
10 years$116,142$104,979$94,785$85,497$77,052$55,883
11 years$104,507$93,457$83,447$74,408$66,268$46,273
12 years$94,819$83,882$74,057$65,265$57,426$38,572
13 years$86,627$75,805$66,165$57,620$50,077$32,327
14 years$79,612$68,904$59,450$51,148$43,897$27,211
15 years$73,538$62,945$53,675$45,615$38,650$22,988
16 years$68,228$57,751$48,664$40,844$34,159$19,478
17 years$63,548$53,187$44,283$36,698$30,288$16,545
18 years$59,392$49,147$40,424$33,072$26,931$14,083
19 years$55,678$45,549$37,006$29,883$24,004$12,008
20 years$52,340$42,326$33,963$27,065$21,441$10,254
21 years$49,323$39,425$31,239$24,563$19,187$8,768
22 years$46,585$36,802$28,792$22,334$17,198$7,505
23 years$44,088$34,420$26,584$20,340$15,438$6,429
24 years$41,803$32,249$24,586$18,551$13,876$5,512
25 years$39,704$30,264$22,771$16,942$12,487$4,729
26 years$37,769$28,444$21,119$15,491$11,247$4,059
27 years$35,981$26,769$19,611$14,179$10,141$3,486
28 years$34,323$25,224$18,231$12,991$9,150$2,995
29 years$32,783$23,796$16,966$11,913$8,262$2,574
30 years$31,348$22,473$15,803$10,933$7,465$2,213
31 years$30,008$21,244$14,732$10,041$6,749$1,903
32 years$28,754$20,101$13,746$9,228$6,105$1,637
33 years$27,579$19,036$12,834$8,486$5,525$1,408
34 years$26,475$18,042$11,992$7,808$5,003$1,212
35 years$25,437$17,113$11,211$7,188$4,531$1,043
36 years$24,459$16,242$10,488$6,620$4,105$898
37 years$23,535$15,427$9,817$6,099$3,721$773
38 years$22,663$14,661$9,193$5,622$3,373$665
39 years$21,837$13,941$8,613$5,183$3,059$573
40 years$21,054$13,264$8,073$4,781$2,775$493
41 years$20,312$12,626$7,570$4,411$2,517$425
42 years$19,606$12,024$7,101$4,071$2,284$366
43 years$18,936$11,457$6,663$3,758$2,073$315
44 years$18,297$10,921$6,254$3,470$1,882$271
45 years$17,689$10,414$5,873$3,204$1,708$233
46 years$17,109$9,934$5,516$2,960$1,551$201
47 years$16,555$9,481$5,182$2,735$1,408$173
48 years$16,026$9,050$4,869$2,527$1,279$149
49 years$15,520$8,643$4,577$2,335$1,162$128
50 years$15,036$8,256$4,303$2,159$1,055$111

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 $4,463 every year, while hoping to spend $53,401 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: 74/9/17 Blend
50$15,400,000$15,400,000$15,400,000$15,400,000
51$16,975,404$16,159,204$15,920,504$18,165,451
52$18,650,076$16,894,186$16,397,022$19,689,482
53$20,493,776$17,663,393$16,887,714$21,351,969
54$22,523,687$18,468,446$17,392,999$23,172,259
55$24,758,745$19,311,041$17,913,306$25,166,032
56$27,219,814$20,192,959$18,449,079$27,350,547
57$29,929,886$21,116,065$19,000,774$29,744,811
58$32,914,296$22,082,313$19,568,861$32,369,749
59$36,200,959$23,093,752$20,153,823$35,248,407
60$39,820,638$24,152,527$20,756,157$38,406,160
61$43,807,231$25,260,889$21,376,376$41,870,952
62$48,198,090$26,421,194$22,015,007$45,673,561
63$53,034,377$27,635,914$22,672,591$49,847,881
64$58,361,447$28,907,637$23,349,686$54,431,241
65$64,229,281$30,239,078$24,046,867$59,464,758
66$70,692,957$31,633,082$24,764,726$64,993,717
67$77,813,164$33,092,628$25,503,870$71,067,999
68$85,656,782$34,620,842$26,264,925$77,742,549
69$94,297,509$36,220,999$27,048,536$85,077,889
70$103,816,559$37,896,532$27,855,365$93,140,686
71$114,303,423$39,651,038$28,686,095$102,004,380
72$125,856,722$41,488,288$29,541,429$111,749,872
73$138,585,129$43,412,235$30,422,088$122,466,286
74$152,608,400$45,427,023$31,328,816$134,251,801
75$168,058,505$47,536,995$32,262,379$147,214,579
76$185,080,867$49,746,702$33,223,564$161,473,782
77$203,835,743$52,060,918$34,213,181$177,160,687
78$224,499,730$54,484,644$35,232,063$194,419,924
79$247,267,435$57,023,124$36,281,070$213,410,838
80$272,353,311$59,681,855$37,361,084$234,308,986
81$299,993,681$62,466,598$38,473,012$257,307,788
82$330,448,969$65,383,395$39,617,791$282,620,350
83$364,006,159$68,438,576$40,796,382$310,481,467
84$400,981,501$71,638,780$42,009,774$341,149,838
85$441,723,499$74,990,965$43,258,987$374,910,496
86$486,616,201$78,502,427$44,545,068$412,077,498
87$536,082,820$82,180,813$45,869,094$452,996,877
88$590,589,736$86,034,141$47,232,177$498,049,910
89$650,650,890$90,070,815$48,635,456$547,656,700
90$716,832,644$94,299,648$50,080,107$602,280,141
91$789,759,120$98,729,878$51,567,338$662,430,279
92$870,118,098$103,371,189$53,098,391$728,669,116
93$958,667,504$108,233,737$54,674,547$801,615,911
94$1,056,242,566$113,328,166$56,297,120$881,953,011
95$1,163,763,699$118,665,639$57,967,466$970,432,291
96$1,282,245,197$124,257,855$59,686,976$1,067,882,235
97$1,412,804,802$130,117,085$61,457,085$1,175,215,750
98$1,556,674,260$136,256,191$63,279,266$1,293,438,775
99$1,715,210,949$142,688,659$65,155,036$1,423,659,765
100$1,889,910,692$149,428,629$67,085,955$1,567,100,143