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%13.5%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,210,166
2 years$629,563$617,838$606,475$595,457$584,770$566,822
3 years$415,540$403,764$392,429$381,515$371,002$353,516
4 years$308,549$296,809$285,588$274,860$264,602$247,713
5 years$244,371$232,702$221,628$211,119$201,146$184,903
6 years$201,600$190,019$179,108$168,834$159,160$143,581
7 years$171,061$159,577$148,840$138,807$129,440$114,531
8 years$148,168$136,787$126,228$116,442$107,383$93,142
9 years$130,371$119,098$108,720$99,183$90,432$76,852
10 years$116,142$104,979$94,785$85,497$77,052$64,123
11 years$104,507$93,457$83,447$74,408$66,268$53,976
12 years$94,819$83,882$74,057$65,265$57,426$45,758
13 years$86,627$75,805$66,165$57,620$50,077$39,016
14 years$79,612$68,904$59,450$51,148$43,897$33,426
15 years$73,538$62,945$53,675$45,615$38,650$28,750
16 years$68,228$57,751$48,664$40,844$34,159$24,811
17 years$63,548$53,187$44,283$36,698$30,288$21,472
18 years$59,392$49,147$40,424$33,072$26,931$18,627
19 years$55,678$45,549$37,006$29,883$24,004$16,192
20 years$52,340$42,326$33,963$27,065$21,441$14,100
21 years$49,323$39,425$31,239$24,563$19,187$12,297
22 years$46,585$36,802$28,792$22,334$17,198$10,738
23 years$44,088$34,420$26,584$20,340$15,438$9,387
24 years$41,803$32,249$24,586$18,551$13,876$8,215
25 years$39,704$30,264$22,771$16,942$12,487$7,194
26 years$37,769$28,444$21,119$15,491$11,247$6,306
27 years$35,981$26,769$19,611$14,179$10,141$5,530
28 years$34,323$25,224$18,231$12,991$9,150$4,853
29 years$32,783$23,796$16,966$11,913$8,262$4,261
30 years$31,348$22,473$15,803$10,933$7,465$3,742
31 years$30,008$21,244$14,732$10,041$6,749$3,288
32 years$28,754$20,101$13,746$9,228$6,105$2,890
33 years$27,579$19,036$12,834$8,486$5,525$2,541
34 years$26,475$18,042$11,992$7,808$5,003$2,235
35 years$25,437$17,113$11,211$7,188$4,531$1,966
36 years$24,459$16,242$10,488$6,620$4,105$1,729
37 years$23,535$15,427$9,817$6,099$3,721$1,522
38 years$22,663$14,661$9,193$5,622$3,373$1,339
39 years$21,837$13,941$8,613$5,183$3,059$1,179
40 years$21,054$13,264$8,073$4,781$2,775$1,038
41 years$20,312$12,626$7,570$4,411$2,517$914
42 years$19,606$12,024$7,101$4,071$2,284$804
43 years$18,936$11,457$6,663$3,758$2,073$708
44 years$18,297$10,921$6,254$3,470$1,882$624
45 years$17,689$10,414$5,873$3,204$1,708$549
46 years$17,109$9,934$5,516$2,960$1,551$484
47 years$16,555$9,481$5,182$2,735$1,408$426
48 years$16,026$9,050$4,869$2,527$1,279$375
49 years$15,520$8,643$4,577$2,335$1,162$331
50 years$15,036$8,256$4,303$2,159$1,055$291

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 $3,786 every year, while hoping to spend $56,775 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: 55/19/26 Blend
50$15,400,000$15,400,000$15,400,000$15,400,000
51$16,974,705$16,158,505$15,919,805$17,786,442
52$18,645,717$16,889,864$16,392,711$19,076,851
53$20,485,269$17,655,156$16,879,555$20,475,295
54$22,510,493$18,455,985$17,380,747$21,997,216
55$24,740,265$19,294,030$17,896,703$23,654,505
56$27,195,385$20,171,050$18,427,856$25,460,233
57$29,898,773$21,088,891$18,974,648$27,428,779
58$32,875,685$22,049,483$19,537,536$29,575,960
59$36,153,950$23,054,853$20,116,988$31,919,171
60$39,764,233$24,107,122$20,713,488$34,477,552
61$43,740,327$25,208,512$21,327,532$37,272,161
62$48,119,466$26,361,356$21,959,630$40,326,168
63$52,942,684$27,568,094$22,610,310$43,665,072
64$58,255,193$28,831,286$23,280,110$47,316,930
65$64,106,817$30,153,613$23,969,588$51,312,627
66$70,552,458$31,537,887$24,679,316$55,686,152
67$77,652,618$32,987,052$25,409,882$60,474,920
68$85,473,964$34,504,197$26,161,892$65,720,118
69$94,089,962$36,092,556$26,935,969$71,467,084
70$103,581,568$37,755,521$27,732,754$77,765,735
71$114,037,992$39,496,646$28,552,905$84,671,026
72$125,557,542$41,319,656$29,397,102$92,243,467
73$138,248,547$43,228,454$30,266,040$100,549,683
74$152,230,384$45,227,135$31,160,439$109,663,036
75$167,634,605$47,319,986$32,081,035$119,664,313
76$184,606,173$49,511,503$33,028,587$130,642,476
77$203,304,835$51,806,399$34,003,878$142,695,498
78$223,906,629$54,209,613$35,007,708$155,931,275
79$246,605,544$56,726,323$36,040,905$170,468,639
80$271,615,352$59,361,955$37,104,318$186,438,467
81$299,171,625$62,122,199$38,198,821$203,984,909
82$329,533,961$65,013,017$39,325,311$223,266,736
83$362,988,431$68,040,661$40,484,715$244,458,830
84$399,850,280$71,211,682$41,677,982$267,753,825
85$440,466,903$74,532,949$42,906,089$293,363,908
86$485,221,127$78,011,664$44,170,043$321,522,815
87$534,534,820$81,655,373$45,470,877$352,488,024
88$588,872,875$85,471,990$46,809,655$386,543,169
89$648,747,601$89,469,809$48,187,470$424,000,709
90$714,723,553$93,657,527$49,605,448$465,204,857
91$787,422,869$98,044,260$51,064,744$510,534,818
92$867,531,137$102,639,564$52,566,548$560,408,352
93$955,803,869$107,453,459$54,112,084$615,285,701
94$1,053,073,634$112,496,448$55,702,608$675,673,916
95$1,160,257,914$117,779,543$57,339,415$742,131,627
96$1,278,367,770$123,314,289$59,023,834$815,274,296
97$1,408,517,383$129,112,790$60,757,233$895,780,010
98$1,551,934,573$135,187,734$62,541,018$984,395,856
99$1,709,972,392$141,552,426$64,376,635$1,081,944,961
100$1,884,121,895$148,220,813$66,265,570$1,189,334,233