Can I retire at age 51 with 15,900,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $15,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,249,457
2 years$650,004$637,898$626,165$614,790$603,756$585,226
3 years$429,031$416,873$405,171$393,902$383,048$364,994
4 years$318,567$306,446$294,860$283,784$273,193$255,755
5 years$252,305$240,257$228,824$217,973$207,677$190,906
6 years$208,146$196,188$184,924$174,315$164,328$148,243
7 years$176,615$164,759$153,672$143,314$133,642$118,249
8 years$152,978$141,229$130,326$120,223$110,869$96,166
9 years$134,604$122,965$112,250$102,403$93,368$79,347
10 years$119,912$108,387$97,862$88,272$79,554$66,205
11 years$107,900$96,491$86,156$76,823$68,419$55,729
12 years$97,897$86,605$76,461$67,384$59,291$47,244
13 years$89,440$78,266$68,313$59,490$51,703$40,282
14 years$82,197$71,141$61,380$52,809$45,322$34,511
15 years$75,925$64,989$55,418$47,096$39,905$29,684
16 years$70,443$59,626$50,244$42,170$35,268$25,617
17 years$65,611$54,913$45,720$37,889$31,271$22,169
18 years$61,320$50,742$41,737$34,146$27,805$19,232
19 years$57,486$47,028$38,208$30,854$24,783$16,718
20 years$54,039$43,700$35,065$27,944$22,137$14,558
21 years$50,925$40,705$32,253$25,361$19,810$12,696
22 years$48,097$37,997$29,726$23,059$17,757$11,086
23 years$45,519$35,538$27,447$21,000$15,940$9,692
24 years$43,160$33,296$25,384$19,153$14,327$8,481
25 years$40,993$31,247$23,511$17,492$12,892$7,428
26 years$38,995$29,367$21,805$15,994$11,613$6,510
27 years$37,149$27,638$20,248$14,639$10,470$5,710
28 years$35,438$26,043$18,823$13,413$9,447$5,011
29 years$33,847$24,569$17,516$12,300$8,530$4,399
30 years$32,366$23,203$16,316$11,288$7,708$3,864
31 years$30,982$21,934$15,211$10,367$6,969$3,395
32 years$29,688$20,754$14,192$9,528$6,304$2,984
33 years$28,475$19,654$13,251$8,762$5,705$2,624
34 years$27,335$18,628$12,381$8,061$5,165$2,307
35 years$26,263$17,668$11,575$7,421$4,678$2,030
36 years$25,253$16,770$10,829$6,835$4,239$1,786
37 years$24,300$15,927$10,135$6,297$3,842$1,571
38 years$23,399$15,137$9,491$5,804$3,483$1,383
39 years$22,546$14,394$8,892$5,352$3,158$1,217
40 years$21,738$13,694$8,335$4,936$2,865$1,071
41 years$20,971$13,036$7,815$4,554$2,599$943
42 years$20,243$12,415$7,331$4,203$2,358$831
43 years$19,551$11,829$6,879$3,880$2,140$731
44 years$18,891$11,275$6,457$3,582$1,943$644
45 years$18,263$10,752$6,063$3,309$1,764$567
46 years$17,664$10,257$5,695$3,056$1,601$499
47 years$17,093$9,788$5,350$2,823$1,454$440
48 years$16,546$9,344$5,028$2,609$1,320$387
49 years$16,024$8,923$4,726$2,411$1,199$341
50 years$15,524$8,524$4,443$2,229$1,089$301

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,900,000, adding $2,185 every year, while hoping to spend $37,422 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: 53/25/22 Blend
50$15,900,000$15,900,000$15,900,000$15,900,000
51$17,524,054$16,681,354$16,434,904$18,346,422
52$19,271,691$17,458,923$16,945,656$19,690,294
53$21,196,332$18,273,340$17,472,265$21,147,808
54$23,315,993$19,126,369$18,015,221$22,733,071
55$25,650,525$20,019,862$18,575,032$24,458,279
56$28,221,803$20,955,759$19,152,220$26,336,836
57$31,053,932$21,936,096$19,747,324$28,383,475
58$34,173,473$22,963,004$20,360,899$30,614,397
59$37,609,696$24,038,721$20,993,518$33,047,415
60$41,394,856$25,165,589$21,645,771$35,702,114
61$45,564,494$26,346,066$22,318,268$38,600,037
62$50,157,778$27,582,728$23,011,635$41,764,878
63$55,217,866$28,878,277$23,726,520$45,222,700
64$60,792,319$30,235,543$24,463,589$49,002,176
65$66,933,547$31,657,496$25,223,531$53,134,850
66$73,699,303$33,147,247$26,007,053$57,655,433
67$81,153,229$34,708,060$26,814,887$62,602,116
68$89,365,460$36,343,356$27,647,787$68,016,931
69$98,413,277$38,056,721$28,506,528$73,946,133
70$108,381,847$39,851,916$29,391,912$80,440,633
71$119,365,019$41,732,884$30,304,765$87,556,465
72$131,466,214$43,703,758$31,245,937$95,355,311
73$144,799,398$45,768,872$32,216,307$103,905,072
74$159,490,162$47,932,772$33,216,778$113,280,496
75$175,676,902$50,200,221$34,248,284$123,563,879
76$193,512,130$52,576,216$35,311,785$134,845,823
77$213,163,911$55,065,995$36,408,274$147,226,090
78$234,817,450$57,675,049$37,538,772$160,814,523
79$258,676,841$60,409,137$38,704,332$175,732,074
80$284,966,993$63,274,299$39,906,040$192,111,934
81$313,935,751$66,276,864$41,145,017$210,100,776
82$345,856,239$69,423,472$42,422,417$229,860,124
83$381,029,436$72,721,084$43,739,429$251,567,864
84$419,787,020$76,176,998$45,097,281$275,419,908
85$462,494,493$79,798,868$46,497,238$301,632,028
86$509,554,639$83,594,720$47,940,602$330,441,873
87$561,411,319$87,572,968$49,428,719$362,111,200
88$618,553,667$91,742,436$50,962,975$396,928,320
89$681,520,703$96,112,378$52,544,797$435,210,806
90$750,906,426$100,692,496$54,175,659$477,308,467
91$827,365,417$105,492,964$55,857,079$523,606,633
92$911,619,021$110,524,451$57,590,623$574,529,766
93$1,004,462,156$115,798,144$59,377,903$630,545,447
94$1,106,770,818$121,325,775$61,220,585$692,168,765
95$1,219,510,349$127,119,645$63,120,382$759,967,155
96$1,343,744,553$133,192,656$65,079,063$834,565,727
97$1,480,645,736$139,558,335$67,098,451$916,653,142
98$1,631,505,776$146,230,868$69,180,424$1,006,988,080
99$1,797,748,317$153,225,132$71,326,919$1,106,406,377
100$1,980,942,208$160,556,727$73,539,935$1,215,828,883