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

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 $15,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,227,302
2 years$650,004$637,898$626,165$614,790$603,756$563,241
3 years$429,031$416,873$405,171$393,902$383,048$343,875
4 years$318,567$306,446$294,860$283,784$273,193$235,662
5 years$252,305$240,257$228,824$217,973$207,677$171,888
6 years$208,146$196,188$184,924$174,315$164,328$130,312
7 years$176,615$164,759$153,672$143,314$133,642$101,396
8 years$152,978$141,229$130,326$120,223$110,869$80,370
9 years$134,604$122,965$112,250$102,403$93,368$64,581
10 years$119,912$108,387$97,862$88,272$79,554$52,436
11 years$107,900$96,491$86,156$76,823$68,419$42,919
12 years$97,897$86,605$76,461$67,384$59,291$35,355
13 years$89,440$78,266$68,313$59,490$51,703$29,272
14 years$82,197$71,141$61,380$52,809$45,322$24,335
15 years$75,925$64,989$55,418$47,096$39,905$20,299
16 years$70,443$59,626$50,244$42,170$35,268$16,979
17 years$65,611$54,913$45,720$37,889$31,271$14,234
18 years$61,320$50,742$41,737$34,146$27,805$11,956
19 years$57,486$47,028$38,208$30,854$24,783$10,057
20 years$54,039$43,700$35,065$27,944$22,137$8,472
21 years$50,925$40,705$32,253$25,361$19,810$7,144
22 years$48,097$37,997$29,726$23,059$17,757$6,029
23 years$45,519$35,538$27,447$21,000$15,940$5,093
24 years$43,160$33,296$25,384$19,153$14,327$4,304
25 years$40,993$31,247$23,511$17,492$12,892$3,640
26 years$38,995$29,367$21,805$15,994$11,613$3,080
27 years$37,149$27,638$20,248$14,639$10,470$2,606
28 years$35,438$26,043$18,823$13,413$9,447$2,207
29 years$33,847$24,569$17,516$12,300$8,530$1,869
30 years$32,366$23,203$16,316$11,288$7,708$1,583
31 years$30,982$21,934$15,211$10,367$6,969$1,341
32 years$29,688$20,754$14,192$9,528$6,304$1,137
33 years$28,475$19,654$13,251$8,762$5,705$963
34 years$27,335$18,628$12,381$8,061$5,165$816
35 years$26,263$17,668$11,575$7,421$4,678$692
36 years$25,253$16,770$10,829$6,835$4,239$587
37 years$24,300$15,927$10,135$6,297$3,842$497
38 years$23,399$15,137$9,491$5,804$3,483$422
39 years$22,546$14,394$8,892$5,352$3,158$358
40 years$21,738$13,694$8,335$4,936$2,865$303
41 years$20,971$13,036$7,815$4,554$2,599$257
42 years$20,243$12,415$7,331$4,203$2,358$218
43 years$19,551$11,829$6,879$3,880$2,140$185
44 years$18,891$11,275$6,457$3,582$1,943$157
45 years$18,263$10,752$6,063$3,309$1,764$133
46 years$17,664$10,257$5,695$3,056$1,601$113
47 years$17,093$9,788$5,350$2,823$1,454$96
48 years$16,546$9,344$5,028$2,609$1,320$81
49 years$16,024$8,923$4,726$2,411$1,199$69
50 years$15,524$8,524$4,443$2,229$1,089$58

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 $5,155 every year, while hoping to spend $44,841 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: 58/32/10 Blend
50$15,900,000$15,900,000$15,900,000$15,900,000
51$17,527,117$16,684,417$16,437,967$18,501,706
52$19,267,173$17,454,243$16,940,929$19,928,422
53$21,183,211$18,260,288$17,459,237$21,477,335
54$23,293,135$19,104,278$17,993,357$23,164,547
55$25,616,672$19,988,025$18,543,772$25,003,326
56$28,175,561$20,913,427$19,110,977$27,008,253
57$30,993,755$21,882,471$19,695,481$29,195,360
58$34,097,649$22,897,244$20,297,811$31,582,272
59$37,516,331$23,959,930$20,918,509$34,188,370
60$41,281,850$25,072,821$21,558,133$37,034,966
61$45,429,527$26,238,317$22,217,259$40,145,500
62$49,998,280$27,458,936$22,896,478$43,545,754
63$55,030,997$28,737,315$23,596,402$47,264,089
64$60,574,936$30,076,222$24,317,659$51,331,705
65$66,682,177$31,478,554$25,060,898$55,782,928
66$73,410,107$32,947,351$25,826,787$60,655,528
67$80,821,967$34,485,800$26,616,012$65,991,067
68$88,987,442$36,097,239$27,429,284$71,835,279
69$97,983,328$37,785,171$28,267,331$78,238,499
70$107,894,248$39,553,264$29,130,907$85,256,126
71$118,813,455$41,405,368$30,020,787$92,949,135
72$130,843,712$43,345,516$30,937,768$101,384,645
73$144,098,261$45,377,936$31,882,673$110,636,540
74$158,701,891$47,507,063$32,856,350$120,786,156
75$174,792,118$49,737,543$33,859,672$131,923,039
76$192,520,482$52,074,250$34,893,539$144,145,775
77$212,053,975$54,522,292$35,958,876$157,562,911
78$233,576,620$57,087,025$37,056,638$172,293,964
79$257,291,210$59,774,063$38,187,810$188,470,536
80$283,421,215$62,589,294$39,353,404$206,237,543
81$312,212,900$65,538,890$40,554,464$225,754,566
82$343,937,642$68,629,322$41,792,064$247,197,343
83$378,894,497$71,867,375$43,067,314$270,759,411
84$417,413,021$75,260,161$44,381,354$296,653,915
85$459,856,380$78,815,140$45,735,360$325,115,601
86$506,624,779$82,540,130$47,130,543$356,403,014
87$558,159,240$86,443,330$48,568,150$390,800,921
88$614,945,767$90,533,338$50,049,468$428,622,974
89$677,519,930$94,819,166$51,575,819$470,214,649
90$746,471,922$99,310,265$53,148,569$515,956,491
91$822,452,135$104,016,544$54,769,122$566,267,673
92$906,177,291$108,948,393$56,438,926$621,609,935
93$998,437,216$114,116,706$58,159,472$682,491,913
94$1,100,102,294$119,532,907$59,932,296$749,473,915
95$1,212,131,682$125,208,972$61,758,982$823,173,180
96$1,335,582,363$131,157,462$63,641,158$904,269,676
97$1,471,619,132$137,391,545$65,580,504$993,512,485
98$1,621,525,583$143,925,031$67,578,751$1,091,726,846
99$1,786,716,234$150,772,398$69,637,680$1,199,821,906
100$1,968,749,874$157,948,830$71,759,126$1,318,799,269