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%11.8%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,226,661
2 years$633,651$621,850$610,413$599,324$588,568$579,160
3 years$418,238$406,386$394,978$383,993$373,411$364,219
4 years$310,552$298,737$287,443$276,645$266,320$257,413
5 years$245,958$234,213$223,067$212,490$202,452$193,857
6 years$202,909$191,253$180,271$169,930$160,194$151,921
7 years$172,172$160,614$149,806$139,709$130,280$122,335
8 years$149,130$137,676$127,048$117,198$108,080$100,461
9 years$131,217$119,871$109,426$99,827$91,019$83,725
10 years$116,896$105,661$95,400$86,052$77,553$70,579
11 years$105,186$94,064$83,989$74,891$66,698$60,040
12 years$95,434$84,426$74,538$65,689$57,799$51,450
13 years$87,190$76,297$66,595$57,994$50,402$44,356
14 years$80,129$69,352$59,836$51,480$44,182$38,431
15 years$74,015$63,354$54,024$45,911$38,901$33,438
16 years$68,671$58,126$48,980$41,109$34,381$29,197
17 years$63,960$53,532$44,570$36,936$30,485$25,571
18 years$59,778$49,466$40,687$33,287$27,106$22,453
19 years$56,040$45,845$37,247$30,077$24,160$19,760
20 years$52,680$42,601$34,183$27,241$21,580$17,423
21 years$49,644$39,681$31,442$24,723$19,312$15,389
22 years$46,887$37,041$28,979$22,479$17,310$13,612
23 years$44,374$34,644$26,757$20,472$15,539$12,056
24 years$42,074$32,459$24,745$18,671$13,966$10,689
25 years$39,961$30,461$22,919$17,052$12,568$9,487
26 years$38,014$28,628$21,256$15,591$11,320$8,427
27 years$36,214$26,943$19,738$14,271$10,206$7,492
28 years$34,546$25,388$18,349$13,075$9,209$6,665
29 years$32,996$23,951$17,076$11,990$8,316$5,933
30 years$31,551$22,619$15,905$11,004$7,514$5,284
31 years$30,203$21,382$14,828$10,106$6,793$4,708
32 years$28,941$20,232$13,835$9,288$6,145$4,196
33 years$27,758$19,160$12,918$8,541$5,561$3,742
34 years$26,647$18,159$12,070$7,859$5,035$3,338
35 years$25,602$17,224$11,284$7,234$4,560$2,978
36 years$24,618$16,348$10,556$6,663$4,132$2,658
37 years$23,688$15,527$9,880$6,139$3,745$2,373
38 years$22,810$14,756$9,252$5,658$3,395$2,119
39 years$21,979$14,031$8,669$5,217$3,079$1,892
40 years$21,191$13,350$8,125$4,812$2,793$1,690
41 years$20,444$12,708$7,619$4,440$2,534$1,510
42 years$19,734$12,102$7,147$4,097$2,299$1,349
43 years$19,059$11,531$6,706$3,782$2,086$1,206
44 years$18,416$10,992$6,295$3,492$1,894$1,077
45 years$17,804$10,482$5,911$3,225$1,719$963
46 years$17,220$9,999$5,551$2,979$1,561$861
47 years$16,663$9,542$5,216$2,752$1,417$769
48 years$16,130$9,109$4,901$2,543$1,287$688
49 years$15,621$8,699$4,607$2,351$1,169$615
50 years$15,133$8,309$4,331$2,173$1,062$550

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 $6,111 every year, while hoping to spend $32,569 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: 68/15/17 Blend
50$15,500,000$15,500,000$15,500,000$15,500,000
51$17,087,303$16,265,803$16,025,553$18,179,056
52$18,795,555$17,028,175$16,527,756$19,670,720
53$20,676,957$17,826,811$17,045,691$21,297,322
54$22,749,136$18,663,454$17,579,851$23,075,717
55$25,031,516$19,539,931$18,130,744$25,020,840
56$27,545,500$20,458,157$18,698,894$27,149,122
57$30,314,676$21,420,141$19,284,841$29,478,649
58$33,365,032$22,427,987$19,889,143$32,029,327
59$36,725,210$23,483,903$20,512,374$34,823,065
60$40,426,769$24,590,203$21,155,127$37,883,982
61$44,504,489$25,749,312$21,818,013$41,238,629
62$48,996,694$26,963,775$22,501,663$44,916,236
63$53,945,614$28,236,258$23,206,726$48,948,983
64$59,397,789$29,569,557$23,933,874$53,372,302
65$65,404,503$30,966,604$24,683,797$58,225,207
66$72,022,267$32,430,473$25,457,210$63,550,654
67$79,313,358$33,964,386$26,254,846$69,395,947
68$87,346,403$35,571,723$27,077,466$75,813,177
69$96,197,025$37,256,026$27,925,850$82,859,709
70$105,948,561$39,021,011$28,800,805$90,598,718
71$116,692,846$40,870,572$29,703,164$99,099,781
72$128,531,081$42,808,794$30,633,784$108,439,527
73$141,574,785$44,839,960$31,593,550$118,702,355
74$155,946,854$46,968,559$32,583,375$129,981,223
75$171,782,714$49,199,299$33,604,199$142,378,522
76$189,231,605$51,537,118$34,656,993$156,007,032
77$208,457,984$53,987,193$35,742,758$170,990,984
78$229,643,084$56,554,951$36,862,526$187,467,220
79$252,986,619$59,246,084$38,017,362$205,586,482
80$278,708,673$62,066,561$39,208,362$225,514,823
81$307,051,775$65,022,640$40,436,660$247,435,169
82$338,283,190$68,120,883$41,703,422$271,549,036
83$372,697,442$71,368,173$43,009,853$298,078,422
84$410,619,093$74,771,725$44,357,194$327,267,895
85$452,405,807$78,339,106$45,746,727$359,386,892
86$498,451,728$82,078,251$47,179,771$394,732,247
87$549,191,200$85,997,481$48,657,689$433,630,989
88$605,102,866$90,105,521$50,181,885$476,443,415
89$666,714,188$94,411,521$51,753,808$523,566,478
90$734,606,426$98,925,077$53,374,952$575,437,524
91$809,420,125$103,656,249$55,046,856$632,538,405
92$891,861,162$108,615,590$56,771,111$695,400,017
93$982,707,412$113,814,164$58,549,353$764,607,298
94$1,082,816,085$119,263,576$60,383,274$840,804,730
95$1,193,131,827$124,975,993$62,274,616$924,702,413
96$1,314,695,633$130,964,176$64,225,175$1,017,082,753
97$1,448,654,675$137,241,508$66,236,805$1,118,807,823
98$1,596,273,131$143,822,021$68,311,418$1,230,827,496
99$1,758,944,124$150,720,434$70,450,984$1,354,188,382
100$1,938,202,869$157,952,179$72,657,536$1,490,043,697