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

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 $15,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,186,952
2 years$633,651$621,850$610,413$599,324$588,568$539,769
3 years$418,238$406,386$394,978$383,993$373,411$326,391
4 years$310,552$298,737$287,443$276,645$266,320$221,435
5 years$245,958$234,213$223,067$212,490$202,452$159,816
6 years$202,909$191,253$180,271$169,930$160,194$119,834
7 years$172,172$160,614$149,806$139,709$130,280$92,183
8 years$149,130$137,676$127,048$117,198$108,080$72,206
9 years$131,217$119,871$109,426$99,827$91,019$57,314
10 years$116,896$105,661$95,400$86,052$77,553$45,951
11 years$105,186$94,064$83,989$74,891$66,698$37,126
12 years$95,434$84,426$74,538$65,689$57,799$30,177
13 years$87,190$76,297$66,595$57,994$50,402$24,646
14 years$80,129$69,352$59,836$51,480$44,182$20,205
15 years$74,015$63,354$54,024$45,911$38,901$16,616
16 years$68,671$58,126$48,980$41,109$34,381$13,698
17 years$63,960$53,532$44,570$36,936$30,485$11,316
18 years$59,778$49,466$40,687$33,287$27,106$9,363
19 years$56,040$45,845$37,247$30,077$24,160$7,758
20 years$52,680$42,601$34,183$27,241$21,580$6,435
21 years$49,644$39,681$31,442$24,723$19,312$5,343
22 years$46,887$37,041$28,979$22,479$17,310$4,440
23 years$44,374$34,644$26,757$20,472$15,539$3,691
24 years$42,074$32,459$24,745$18,671$13,966$3,071
25 years$39,961$30,461$22,919$17,052$12,568$2,556
26 years$38,014$28,628$21,256$15,591$11,320$2,128
27 years$36,214$26,943$19,738$14,271$10,206$1,772
28 years$34,546$25,388$18,349$13,075$9,209$1,476
29 years$32,996$23,951$17,076$11,990$8,316$1,230
30 years$31,551$22,619$15,905$11,004$7,514$1,025
31 years$30,203$21,382$14,828$10,106$6,793$854
32 years$28,941$20,232$13,835$9,288$6,145$712
33 years$27,758$19,160$12,918$8,541$5,561$593
34 years$26,647$18,159$12,070$7,859$5,035$495
35 years$25,602$17,224$11,284$7,234$4,560$412
36 years$24,618$16,348$10,556$6,663$4,132$344
37 years$23,688$15,527$9,880$6,139$3,745$287
38 years$22,810$14,756$9,252$5,658$3,395$239
39 years$21,979$14,031$8,669$5,217$3,079$199
40 years$21,191$13,350$8,125$4,812$2,793$166
41 years$20,444$12,708$7,619$4,440$2,534$139
42 years$19,734$12,102$7,147$4,097$2,299$116
43 years$19,059$11,531$6,706$3,782$2,086$96
44 years$18,416$10,992$6,295$3,492$1,894$80
45 years$17,804$10,482$5,911$3,225$1,719$67
46 years$17,220$9,999$5,551$2,979$1,561$56
47 years$16,663$9,542$5,216$2,752$1,417$47
48 years$16,130$9,109$4,901$2,543$1,287$39
49 years$15,621$8,699$4,607$2,351$1,169$32
50 years$15,133$8,309$4,331$2,173$1,062$27

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 $3,357 every year, while hoping to spend $22,870 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: 35/46/19 Blend
50$15,500,000$15,500,000$15,500,000$15,500,000
51$17,084,463$16,262,963$16,022,713$17,583,084
52$18,802,744$17,035,514$16,535,140$18,721,031
53$20,695,524$17,845,155$17,063,967$19,945,652
54$22,780,577$18,693,677$17,609,720$21,266,521
55$25,077,490$19,582,960$18,172,939$22,692,204
56$27,607,846$20,514,978$18,754,185$24,232,089
57$30,395,431$21,491,797$19,354,035$25,896,460
58$33,466,455$22,515,585$19,973,085$27,696,590
59$36,849,800$23,588,615$20,611,950$29,644,837
60$40,577,294$24,713,271$21,271,264$31,754,750
61$44,684,009$25,892,053$21,951,683$34,041,194
62$49,208,597$27,127,582$22,653,883$36,520,473
63$54,193,647$28,422,607$23,378,561$39,210,477
64$59,686,094$29,780,009$24,126,438$42,130,841
65$65,737,659$31,202,813$24,898,257$45,303,119
66$72,405,336$32,694,186$25,694,784$48,750,974
67$79,751,932$34,257,454$26,516,812$52,500,389
68$87,846,661$35,896,101$27,365,157$56,579,903
69$96,765,794$37,613,783$28,240,663$61,020,863
70$106,593,379$39,414,333$29,144,199$65,857,707
71$117,422,039$41,301,770$30,076,665$71,128,275
72$129,353,840$43,280,310$31,038,986$76,874,151
73$142,501,259$45,354,373$32,032,120$83,141,037
74$156,988,245$47,528,595$33,057,054$89,979,173
75$172,951,387$49,807,837$34,114,806$97,443,786
76$190,541,206$52,197,198$35,206,429$105,595,599
77$209,923,572$54,702,024$36,333,008$114,501,381
78$231,281,275$57,327,922$37,495,662$124,234,560
79$254,815,748$60,080,773$38,695,549$134,875,893
80$280,748,965$62,966,742$39,933,862$146,514,207
81$309,325,544$65,992,297$41,211,831$159,247,211
82$340,815,050$69,164,220$42,530,727$173,182,400
83$375,514,543$72,489,624$43,891,864$188,438,040
84$413,751,378$75,975,967$45,296,593$205,144,257
85$455,886,303$79,631,074$46,746,314$223,444,240
86$502,316,857$83,463,148$48,242,466$243,495,564
87$553,481,128$87,480,793$49,786,540$265,471,642
88$609,861,884$91,693,034$51,380,071$289,563,334
89$671,991,137$96,109,333$53,024,643$315,980,716
90$740,455,158$100,739,616$54,721,895$344,955,022
91$815,900,019$105,594,292$56,473,513$376,740,798
92$899,037,687$110,684,278$58,281,241$411,618,259
93$990,652,746$116,021,022$60,146,878$449,895,897
94$1,091,609,808$121,616,534$62,072,280$491,913,352
95$1,202,861,670$127,483,406$64,059,363$538,044,571
96$1,325,458,314$133,634,846$66,110,105$588,701,294
97$1,460,556,814$140,084,706$68,226,546$644,336,891
98$1,609,432,267$146,847,515$70,410,794$705,450,588
99$1,773,489,825$153,938,509$72,665,021$772,592,134
100$1,954,277,960$161,373,669$74,991,472$846,366,926