Can I retire at age 51 with 15,800,000?

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 $15,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,237,515
2 years$645,915$633,886$622,227$610,924$599,959$577,468
3 years$426,333$414,251$402,622$391,425$380,639$358,757
4 years$316,563$304,519$293,006$281,999$271,475$250,371
5 years$250,719$238,746$227,385$216,603$206,371$186,106
6 years$206,836$194,954$183,761$173,219$163,294$143,890
7 years$175,504$163,722$152,706$142,413$132,802$114,264
8 years$152,016$140,340$129,507$119,467$110,172$92,497
9 years$133,757$122,191$111,544$101,759$92,781$75,958
10 years$119,158$107,706$97,247$87,717$79,054$63,068
11 years$107,222$95,884$85,614$76,340$67,989$52,822
12 years$97,282$86,060$75,981$66,961$58,918$44,550
13 years$88,877$77,773$67,884$59,116$51,377$37,786
14 years$81,680$70,694$60,994$52,477$45,037$32,199
15 years$75,448$64,580$55,069$46,800$39,654$27,543
16 years$70,000$59,251$49,928$41,904$35,047$23,637
17 years$65,198$54,568$45,433$37,651$31,075$20,340
18 years$60,935$50,423$41,474$33,931$27,630$17,543
19 years$57,124$46,732$37,968$30,659$24,627$15,160
20 years$53,699$43,425$34,845$27,768$21,998$13,123
21 years$50,604$40,449$32,051$25,201$19,685$11,376
22 years$47,795$37,758$29,540$22,914$17,645$9,873
23 years$45,233$35,314$27,275$20,868$15,839$8,578
24 years$42,889$33,087$25,224$19,033$14,237$7,459
25 years$40,735$31,051$23,363$17,382$12,811$6,492
26 years$38,750$29,182$21,668$15,893$11,540$5,654
27 years$36,915$27,464$20,120$14,547$10,404$4,927
28 years$35,215$25,879$18,705$13,328$9,388$4,295
29 years$33,634$24,414$17,406$12,222$8,477$3,747
30 years$32,162$23,057$16,213$11,217$7,659$3,269
31 years$30,787$21,796$15,115$10,302$6,925$2,854
32 years$29,501$20,624$14,103$9,468$6,264$2,492
33 years$28,295$19,531$13,168$8,707$5,669$2,176
34 years$27,163$18,511$12,303$8,011$5,133$1,901
35 years$26,098$17,557$11,503$7,374$4,649$1,661
36 years$25,094$16,664$10,760$6,792$4,212$1,451
37 years$24,147$15,827$10,072$6,258$3,817$1,268
38 years$23,251$15,042$9,432$5,768$3,461$1,109
39 years$22,404$14,303$8,836$5,318$3,138$969
40 years$21,601$13,608$8,282$4,905$2,847$847
41 years$20,839$12,954$7,766$4,526$2,583$741
42 years$20,116$12,337$7,285$4,177$2,343$648
43 years$19,428$11,754$6,836$3,856$2,127$567
44 years$18,773$11,204$6,417$3,560$1,930$496
45 years$18,149$10,684$6,025$3,288$1,753$433
46 years$17,553$10,192$5,659$3,037$1,591$379
47 years$16,985$9,727$5,316$2,806$1,445$332
48 years$16,442$9,285$4,996$2,593$1,312$290
49 years$15,923$8,867$4,696$2,396$1,192$254
50 years$15,426$8,470$4,415$2,215$1,082$222

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,800,000, adding $2,049 every year, while hoping to spend $42,385 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: 66/27/7 Blend
50$15,800,000$15,800,000$15,800,000$15,800,000
51$17,413,714$16,576,314$16,331,414$18,541,572
52$19,144,815$17,343,456$16,833,419$20,058,146
53$21,051,068$18,146,767$17,350,820$21,709,673
54$23,150,294$18,987,975$17,884,090$23,513,438
55$25,462,129$19,868,892$18,433,712$25,484,272
56$28,008,213$20,791,414$19,000,187$27,638,486
57$30,812,389$21,757,531$19,584,032$29,994,024
58$33,900,931$22,769,329$20,185,776$32,570,625
59$37,302,795$23,828,994$20,805,968$35,390,007
60$41,049,883$24,938,818$21,445,171$38,476,064
61$45,177,353$26,101,203$22,103,966$41,855,090
62$49,723,948$27,318,666$22,782,954$45,556,018
63$54,732,358$28,593,848$23,482,750$49,610,692
64$60,249,628$29,929,516$24,203,992$54,054,158
65$66,327,598$31,328,571$24,947,334$58,924,989
66$73,023,395$32,794,053$25,713,452$64,265,646
67$80,399,971$34,329,151$26,503,042$70,122,868
68$88,526,695$35,937,207$27,316,821$76,548,107
69$97,480,012$37,621,724$28,155,528$83,598,009
70$107,344,161$39,386,375$29,019,926$91,334,938
71$118,211,970$41,235,012$29,910,798$99,827,558
72$130,185,734$43,171,672$30,828,953$109,151,473
73$143,378,181$45,200,586$31,775,225$119,389,930
74$157,913,534$47,326,192$32,750,473$130,634,598
75$173,928,681$49,553,143$33,755,581$142,986,422
76$191,574,475$51,886,315$34,791,461$156,556,566
77$211,017,149$54,330,822$35,859,053$171,467,452
78$232,439,891$56,892,025$36,959,324$187,853,905
79$256,044,572$59,575,546$38,093,273$205,864,414
80$282,053,647$62,387,277$39,261,927$225,662,520
81$310,712,264$65,333,398$40,466,346$247,428,349
82$342,290,567$68,420,387$41,707,621$271,360,298
83$377,086,255$71,655,036$42,986,876$297,676,894
84$415,427,388$75,044,468$44,305,272$326,618,843
85$457,675,484$78,596,149$45,664,001$358,451,285
86$504,228,932$82,317,910$47,064,294$393,466,286
87$555,526,755$86,217,959$48,507,419$431,985,570
88$612,052,749$90,304,904$49,994,683$474,363,547
89$674,340,057$94,587,771$51,527,432$520,990,634
90$742,976,194$99,076,024$53,107,052$572,296,925
91$818,608,601$103,779,584$54,734,974$628,756,232
92$901,950,752$108,708,857$56,412,669$690,890,530
93$993,788,890$113,874,753$58,141,655$759,274,873
94$1,094,989,452$119,288,711$59,923,496$834,542,788
95$1,206,507,246$124,962,727$61,759,803$917,392,242
96$1,329,394,464$130,909,380$63,652,235$1,008,592,199
97$1,464,810,618$137,141,858$65,602,503$1,108,989,854
98$1,614,033,483$143,673,992$67,612,370$1,219,518,604
99$1,778,471,165$150,520,284$69,683,651$1,341,206,831
100$1,959,675,388$157,695,942$71,818,217$1,475,187,579