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%18.5%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,193,563
2 years$633,651$621,850$610,413$599,324$588,568$546,253
3 years$418,238$406,386$394,978$383,993$373,411$332,541
4 years$310,552$298,737$287,443$276,645$266,320$227,205
5 years$245,958$234,213$223,067$212,490$202,452$165,197
6 years$202,909$191,253$180,271$169,930$160,194$124,827
7 years$172,172$160,614$149,806$139,709$130,280$96,797
8 years$149,130$137,676$127,048$117,198$108,080$76,453
9 years$131,217$119,871$109,426$99,827$91,019$61,208
10 years$116,896$105,661$95,400$86,052$77,553$49,510
11 years$105,186$94,064$83,989$74,891$66,698$40,368
12 years$95,434$84,426$74,538$65,689$57,799$33,120
13 years$87,190$76,297$66,595$57,994$50,402$27,310
14 years$80,129$69,352$59,836$51,480$44,182$22,610
15 years$74,015$63,354$54,024$45,911$38,901$18,780
16 years$68,671$58,126$48,980$41,109$34,381$15,640
17 years$63,960$53,532$44,570$36,936$30,485$13,054
18 years$59,778$49,466$40,687$33,287$27,106$10,915
19 years$56,040$45,845$37,247$30,077$24,160$9,141
20 years$52,680$42,601$34,183$27,241$21,580$7,664
21 years$49,644$39,681$31,442$24,723$19,312$6,433
22 years$46,887$37,041$28,979$22,479$17,310$5,404
23 years$44,374$34,644$26,757$20,472$15,539$4,543
24 years$42,074$32,459$24,745$18,671$13,966$3,821
25 years$39,961$30,461$22,919$17,052$12,568$3,216
26 years$38,014$28,628$21,256$15,591$11,320$2,708
27 years$36,214$26,943$19,738$14,271$10,206$2,281
28 years$34,546$25,388$18,349$13,075$9,209$1,922
29 years$32,996$23,951$17,076$11,990$8,316$1,619
30 years$31,551$22,619$15,905$11,004$7,514$1,365
31 years$30,203$21,382$14,828$10,106$6,793$1,151
32 years$28,941$20,232$13,835$9,288$6,145$970
33 years$27,758$19,160$12,918$8,541$5,561$818
34 years$26,647$18,159$12,070$7,859$5,035$690
35 years$25,602$17,224$11,284$7,234$4,560$582
36 years$24,618$16,348$10,556$6,663$4,132$491
37 years$23,688$15,527$9,880$6,139$3,745$414
38 years$22,810$14,756$9,252$5,658$3,395$349
39 years$21,979$14,031$8,669$5,217$3,079$295
40 years$21,191$13,350$8,125$4,812$2,793$249
41 years$20,444$12,708$7,619$4,440$2,534$210
42 years$19,734$12,102$7,147$4,097$2,299$177
43 years$19,059$11,531$6,706$3,782$2,086$149
44 years$18,416$10,992$6,295$3,492$1,894$126
45 years$17,804$10,482$5,911$3,225$1,719$106
46 years$17,220$9,999$5,551$2,979$1,561$90
47 years$16,663$9,542$5,216$2,752$1,417$76
48 years$16,130$9,109$4,901$2,543$1,287$64
49 years$15,621$8,699$4,607$2,351$1,169$54
50 years$15,133$8,309$4,331$2,173$1,062$46

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 $5,683 every year, while hoping to spend $31,654 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: 61/16/23 Blend
50$15,500,000$15,500,000$15,500,000$15,500,000
51$17,086,862$16,265,362$16,025,112$18,024,902
52$18,796,042$17,028,685$16,528,274$19,424,642
53$20,678,498$17,828,350$17,047,230$20,947,724
54$22,751,870$18,666,105$17,582,478$22,609,411
55$25,035,597$19,543,780$18,134,527$24,423,199
56$27,551,100$20,463,297$18,703,906$26,403,937
57$30,321,983$21,426,670$19,291,158$28,567,959
58$33,374,258$22,436,009$19,896,843$30,933,237
59$36,736,586$23,493,527$20,521,542$33,519,549
60$40,440,554$24,601,546$21,165,850$36,348,658
61$44,520,967$25,762,498$21,830,382$39,444,515
62$49,016,180$26,978,935$22,515,774$42,833,484
63$53,968,457$28,253,530$23,222,679$46,544,580
64$59,424,375$29,589,088$23,951,774$50,609,742
65$65,435,257$30,988,549$24,703,754$55,064,132
66$72,057,661$32,454,996$25,479,338$59,946,457
67$79,353,913$33,991,661$26,279,266$65,299,331
68$87,392,693$35,601,933$27,104,303$71,169,674
69$96,249,686$37,289,366$27,955,235$77,609,148
70$106,008,295$39,057,686$28,832,876$84,674,634
71$116,760,428$40,910,800$29,738,065$92,428,771
72$128,607,366$42,852,803$30,671,664$100,940,536
73$141,660,719$44,887,992$31,634,567$110,285,887
74$156,043,479$47,020,871$32,627,692$120,548,477
75$171,891,182$49,256,161$33,651,987$131,820,435
76$189,353,185$51,598,816$34,708,432$144,203,224
77$208,594,079$54,054,028$35,798,034$157,808,599
78$229,795,242$56,627,241$36,921,834$172,759,644
79$253,156,546$59,324,166$38,080,905$189,191,934
80$278,898,252$62,150,789$39,276,354$207,254,799
81$307,263,085$65,113,388$40,509,323$227,112,729
82$338,518,522$68,218,547$41,780,988$248,946,912
83$372,959,324$71,473,168$43,092,564$272,956,941
84$410,910,313$74,884,491$44,445,302$299,362,680
85$452,729,441$78,460,107$45,840,496$328,406,333
86$498,811,167$82,207,976$47,279,476$360,354,716
87$549,590,185$86,136,445$48,763,617$395,501,765
88$605,545,520$90,254,268$50,294,335$434,171,300
89$667,205,060$94,570,624$51,873,092$476,720,063
90$735,150,531$99,095,139$53,501,395$523,541,078
91$810,022,992$103,837,908$55,180,798$575,067,341
92$892,528,888$108,809,516$56,912,906$631,775,896
93$983,446,717$114,021,065$58,699,371$694,192,323
94$1,083,634,382$119,484,196$60,541,899$762,895,679
95$1,194,037,285$125,211,118$62,442,249$838,523,951
96$1,315,697,258$131,214,633$64,402,234$921,780,060
97$1,449,762,396$137,508,168$66,423,727$1,013,438,475
98$1,597,497,894$144,105,802$68,508,656$1,114,352,510
99$1,760,297,996$151,022,302$70,659,012$1,225,462,353
100$1,939,699,149$158,273,153$72,876,847$1,347,803,925