Can I retire at age 51 with 15,500,000?

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 $15,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,204,158
2 years$633,651$621,850$610,413$599,324$588,568$556,707
3 years$418,238$406,386$394,978$383,993$373,411$342,521
4 years$310,552$298,737$287,443$276,645$266,320$236,638
5 years$245,958$234,213$223,067$212,490$202,452$174,060
6 years$202,909$191,253$180,271$169,930$160,194$133,119
7 years$172,172$160,614$149,806$139,709$130,280$104,526
8 years$149,130$137,676$127,048$117,198$108,080$83,634
9 years$131,217$119,871$109,426$99,827$91,019$67,860
10 years$116,896$105,661$95,400$86,052$77,553$55,652
11 years$105,186$94,064$83,989$74,891$66,698$46,023
12 years$95,434$84,426$74,538$65,689$57,799$38,314
13 years$87,190$76,297$66,595$57,994$50,402$32,067
14 years$80,129$69,352$59,836$51,480$44,182$26,955
15 years$74,015$63,354$54,024$45,911$38,901$22,740
16 years$68,671$58,126$48,980$41,109$34,381$19,240
17 years$63,960$53,532$44,570$36,936$30,485$16,319
18 years$59,778$49,466$40,687$33,287$27,106$13,870
19 years$56,040$45,845$37,247$30,077$24,160$11,809
20 years$52,680$42,601$34,183$27,241$21,580$10,069
21 years$49,644$39,681$31,442$24,723$19,312$8,596
22 years$46,887$37,041$28,979$22,479$17,310$7,346
23 years$44,374$34,644$26,757$20,472$15,539$6,284
24 years$42,074$32,459$24,745$18,671$13,966$5,379
25 years$39,961$30,461$22,919$17,052$12,568$4,607
26 years$38,014$28,628$21,256$15,591$11,320$3,949
27 years$36,214$26,943$19,738$14,271$10,206$3,386
28 years$34,546$25,388$18,349$13,075$9,209$2,904
29 years$32,996$23,951$17,076$11,990$8,316$2,492
30 years$31,551$22,619$15,905$11,004$7,514$2,139
31 years$30,203$21,382$14,828$10,106$6,793$1,836
32 years$28,941$20,232$13,835$9,288$6,145$1,577
33 years$27,758$19,160$12,918$8,541$5,561$1,354
34 years$26,647$18,159$12,070$7,859$5,035$1,163
35 years$25,602$17,224$11,284$7,234$4,560$1,000
36 years$24,618$16,348$10,556$6,663$4,132$859
37 years$23,688$15,527$9,880$6,139$3,745$738
38 years$22,810$14,756$9,252$5,658$3,395$634
39 years$21,979$14,031$8,669$5,217$3,079$545
40 years$21,191$13,350$8,125$4,812$2,793$469
41 years$20,444$12,708$7,619$4,440$2,534$403
42 years$19,734$12,102$7,147$4,097$2,299$346
43 years$19,059$11,531$6,706$3,782$2,086$298
44 years$18,416$10,992$6,295$3,492$1,894$256
45 years$17,804$10,482$5,911$3,225$1,719$220
46 years$17,220$9,999$5,551$2,979$1,561$189
47 years$16,663$9,542$5,216$2,752$1,417$163
48 years$16,130$9,109$4,901$2,543$1,287$140
49 years$15,621$8,699$4,607$2,351$1,169$120
50 years$15,133$8,309$4,331$2,173$1,062$103

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,500,000, adding $5,072 every year, while hoping to spend $24,169 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: 66/8/26 Blend
50$15,500,000$15,500,000$15,500,000$15,500,000
51$17,086,232$16,264,732$16,024,482$18,097,615
52$18,803,312$17,035,988$16,535,586$19,551,018
53$20,694,724$17,844,226$17,063,003$21,136,294
54$22,778,225$18,691,232$17,607,252$22,869,059
55$25,073,380$19,578,879$18,168,872$24,763,844
56$27,601,753$20,509,132$18,748,417$26,836,648
57$30,387,103$21,484,050$19,346,460$29,105,077
58$33,455,612$22,505,793$19,963,591$31,588,515
59$36,836,134$23,576,626$20,600,421$34,308,301
60$40,560,462$24,698,924$21,257,577$37,287,927
61$44,663,634$25,875,176$21,935,711$40,553,262
62$49,184,258$27,107,993$22,635,491$44,132,784
63$54,164,882$28,400,114$23,357,609$48,057,854
64$59,652,389$29,754,409$24,102,779$52,363,006
65$65,698,447$31,173,890$24,871,736$57,086,269
66$72,359,991$32,661,713$25,665,242$62,269,521
67$79,699,762$34,221,188$26,484,079$67,958,884
68$87,786,900$35,855,788$27,329,058$74,205,154
69$96,697,595$37,569,153$28,201,012$81,064,275
70$106,515,808$39,365,101$29,100,805$88,597,867
71$117,334,064$41,247,634$30,029,325$96,873,799
72$129,254,322$43,220,951$30,987,491$105,966,827
73$142,388,939$45,289,455$31,976,249$115,959,296
74$156,861,734$47,457,761$32,996,576$126,941,910
75$172,809,152$49,730,712$34,049,482$139,014,586
76$190,381,553$52,113,384$35,136,007$152,287,390
77$209,744,633$54,611,102$36,257,225$166,881,574
78$231,080,989$57,229,450$37,414,246$182,930,707
79$254,591,839$59,974,282$38,608,212$200,581,941
80$280,498,924$62,851,739$39,840,305$219,997,384
81$309,046,602$65,868,261$41,111,742$241,355,629
82$340,504,151$69,030,602$42,423,782$264,853,435
83$375,168,317$72,345,844$43,777,721$290,707,572
84$413,366,109$75,821,414$45,174,898$319,156,865
85$455,457,890$79,465,101$46,616,695$350,464,437
86$501,840,779$83,285,075$48,104,538$384,920,191
87$552,952,397$87,289,902$49,639,899$422,843,530
88$609,275,001$91,488,568$51,224,296$464,586,374
89$671,340,038$95,890,494$52,859,296$510,536,465
90$739,733,156$100,505,562$54,546,516$561,121,021
91$815,099,740$105,344,137$56,287,627$616,810,763
92$898,151,000$110,417,086$58,084,349$678,124,341
93$989,670,688$115,735,810$59,938,461$745,633,230
94$1,090,522,495$121,312,261$61,851,796$819,967,106
95$1,201,658,207$127,158,979$63,826,248$901,819,781
96$1,324,126,687$133,289,112$65,863,771$991,955,746
97$1,459,083,782$139,716,451$67,966,380$1,091,217,368
98$1,607,803,229$146,455,459$70,136,155$1,200,532,836
99$1,771,688,687$153,521,305$72,375,245$1,320,924,908
100$1,952,286,981$160,929,897$74,685,864$1,453,520,553