Can I retire at age 51 with 15,600,000?

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 $15,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$1,288,233$1,276,759$1,265,563$1,254,636$1,243,966$1,203,664
2 years$637,739$625,862$614,351$603,190$592,365$552,139
3 years$420,936$409,008$397,526$386,470$375,821$336,934
4 years$312,556$300,664$289,297$278,430$268,038$230,789
5 years$247,545$235,724$224,506$213,861$203,758$168,246
6 years$204,218$192,487$181,434$171,026$161,227$127,480
7 years$173,283$161,650$150,773$140,610$131,121$99,136
8 years$150,092$138,564$127,867$117,954$108,777$78,532
9 years$132,064$120,645$110,132$100,471$91,606$63,066
10 years$117,650$106,342$96,016$86,607$78,053$51,173
11 years$105,864$94,670$84,531$75,374$67,128$41,859
12 years$96,050$84,971$75,019$66,113$58,172$34,458
13 years$87,752$76,789$67,024$58,368$50,727$28,510
14 years$80,646$69,799$60,222$51,813$44,467$23,686
15 years$74,493$63,763$54,372$46,208$39,152$19,743
16 years$69,114$58,501$49,296$41,374$34,603$16,502
17 years$64,373$53,877$44,858$37,174$30,681$13,824
18 years$60,163$49,785$40,949$33,501$27,280$11,603
19 years$56,401$46,140$37,487$30,271$24,316$9,753
20 years$53,019$42,876$34,404$27,417$21,719$8,209
21 years$49,964$39,937$31,645$24,882$19,436$6,917
22 years$47,190$37,280$29,166$22,624$17,422$5,833
23 years$44,661$34,867$26,929$20,604$15,639$4,923
24 years$42,346$32,668$24,905$18,792$14,057$4,158
25 years$40,219$30,657$23,067$17,162$12,649$3,513
26 years$38,260$28,813$21,394$15,692$11,394$2,970
27 years$36,448$27,116$19,866$14,363$10,272$2,512
28 years$34,769$25,552$18,468$13,160$9,269$2,125
29 years$33,209$24,105$17,186$12,068$8,369$1,798
30 years$31,755$22,765$16,008$11,075$7,562$1,522
31 years$30,398$21,520$14,924$10,172$6,837$1,288
32 years$29,128$20,362$13,924$9,348$6,185$1,091
33 years$27,937$19,284$13,001$8,596$5,597$924
34 years$26,819$18,277$12,147$7,909$5,068$782
35 years$25,768$17,335$11,357$7,281$4,590$663
36 years$24,776$16,453$10,624$6,706$4,159$561
37 years$23,841$15,627$9,944$6,178$3,769$475
38 years$22,957$14,851$9,312$5,695$3,417$403
39 years$22,120$14,122$8,725$5,251$3,099$341
40 years$21,328$13,436$8,177$4,843$2,811$289
41 years$20,576$12,790$7,668$4,468$2,550$245
42 years$19,861$12,181$7,193$4,124$2,314$208
43 years$19,182$11,606$6,749$3,807$2,100$176
44 years$18,535$11,063$6,335$3,515$1,906$149
45 years$17,919$10,549$5,949$3,246$1,730$126
46 years$17,331$10,063$5,587$2,998$1,571$107
47 years$16,770$9,604$5,249$2,770$1,427$91
48 years$16,234$9,168$4,933$2,560$1,296$77
49 years$15,722$8,755$4,636$2,366$1,177$65
50 years$15,231$8,363$4,359$2,187$1,069$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,600,000, adding $5,031 every year, while hoping to spend $24,328 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: 75/18/7 Blend
50$15,600,000$15,600,000$15,600,000$15,600,000
51$17,196,389$16,369,589$16,127,789$18,470,032
52$18,924,536$17,145,815$16,642,186$20,084,850
53$20,828,139$17,959,259$17,172,999$21,850,245
54$22,925,068$18,811,722$17,720,753$23,784,020
55$25,235,016$19,705,087$18,285,989$25,902,846
56$27,779,684$20,641,333$18,869,266$28,225,071
57$30,582,985$21,622,532$19,471,160$30,770,894
58$33,671,271$22,650,857$20,092,265$33,562,548
59$37,073,579$23,728,588$20,733,195$36,624,508
60$40,821,910$24,858,114$21,394,583$39,983,717
61$44,951,526$26,041,943$22,077,082$43,669,842
62$49,501,285$27,282,701$22,781,368$47,715,544
63$54,514,007$28,583,145$23,508,135$52,156,784
64$60,036,880$29,946,163$24,258,101$57,033,161
65$66,121,903$31,374,787$25,032,009$62,388,277
66$72,826,378$32,872,192$25,830,623$68,270,148
67$80,213,451$34,441,712$26,654,731$74,731,651
68$88,352,707$36,086,840$27,505,148$81,831,017
69$97,320,828$37,811,240$28,382,715$89,632,375
70$107,202,316$39,618,754$29,288,300$98,206,355
71$118,090,290$41,513,411$30,222,796$107,630,746
72$130,087,369$43,499,437$31,187,128$117,991,226
73$143,306,632$45,581,261$32,182,249$129,382,163
74$157,872,697$47,763,532$33,209,143$141,907,499
75$173,922,888$50,051,120$34,268,825$155,681,728
76$191,608,534$52,449,136$35,362,342$170,830,964
77$211,096,399$54,962,939$36,490,775$187,494,128
78$232,570,256$57,598,147$37,655,240$205,824,250
79$256,232,621$60,360,654$38,856,889$225,989,904
80$282,306,662$63,256,641$40,096,909$248,176,794
81$311,038,313$66,292,588$41,376,527$272,589,495
82$342,698,588$69,475,292$42,697,008$299,453,377
83$377,586,144$72,811,881$44,059,657$329,016,718
84$416,030,098$76,309,830$45,465,823$361,553,045
85$458,393,135$79,976,979$46,916,895$397,363,697
86$505,074,933$83,821,549$48,414,310$436,780,664
87$556,515,934$87,852,163$49,959,547$480,169,707
88$613,201,503$92,077,862$51,554,135$527,933,798
89$675,666,509$96,508,131$53,199,652$580,516,913
90$744,500,378$101,152,914$54,897,725$638,408,205
91$820,352,651$106,022,641$56,650,034$702,146,614
92$903,939,124$111,128,253$58,458,311$772,325,935
93$996,048,597$116,481,220$60,324,348$849,600,407
94$1,097,550,328$122,093,574$62,249,988$934,690,878
95$1,209,402,237$127,977,934$64,237,137$1,028,391,589
96$1,332,659,946$134,147,534$66,287,763$1,131,577,653
97$1,468,486,750$140,616,253$68,403,892$1,245,213,301
98$1,618,164,596$147,398,646$70,587,620$1,370,360,963
99$1,783,106,186$154,509,982$72,841,106$1,508,191,275
100$1,964,868,316$161,966,269$75,166,582$1,659,994,116