Can I retire at age 51 with 16,100,000?

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 $16,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$1,329,523$1,317,680$1,306,126$1,294,849$1,283,837$1,273,612
2 years$658,180$645,922$634,042$622,523$611,351$601,044
3 years$434,428$422,117$410,267$398,857$387,866$377,796
4 years$322,574$310,301$298,569$287,354$276,629$266,874
5 years$255,479$243,280$231,702$220,715$210,289$200,878
6 years$210,764$198,656$187,250$176,508$166,395$157,338
7 years$178,837$166,831$155,605$145,117$135,323$126,627
8 years$154,902$143,005$131,966$121,735$112,264$103,927
9 years$136,297$124,512$113,662$103,691$94,542$86,562
10 years$121,421$109,751$99,093$89,383$80,555$72,927
11 years$109,257$97,705$87,240$77,790$69,280$61,999
12 years$99,129$87,694$77,423$68,232$60,036$53,096
13 years$90,565$79,250$69,173$60,239$52,353$45,745
14 years$83,231$72,036$62,152$53,473$45,892$39,609
15 years$76,880$65,806$56,115$47,689$40,407$34,440
16 years$71,329$60,376$50,876$42,700$35,712$30,051
17 years$66,436$55,604$46,295$38,366$31,665$26,301
18 years$62,092$51,381$42,262$34,575$28,155$23,078
19 years$58,209$47,619$38,689$31,242$25,095$20,295
20 years$54,719$44,250$35,506$28,295$22,415$17,882
21 years$51,565$41,217$32,659$25,680$20,059$15,782
22 years$48,702$38,475$30,100$23,349$17,980$13,950
23 years$46,092$35,985$27,792$21,264$16,140$12,345
24 years$43,703$33,715$25,703$19,394$14,507$10,938
25 years$41,508$31,640$23,806$17,712$13,054$9,700
26 years$39,486$29,737$22,079$16,195$11,759$8,610
27 years$37,616$27,986$20,502$14,824$10,601$7,648
28 years$35,883$26,371$19,060$13,582$9,566$6,798
29 years$34,273$24,878$17,737$12,455$8,638$6,046
30 years$32,773$23,494$16,521$11,430$7,805$5,381
31 years$31,372$22,210$15,402$10,498$7,056$4,790
32 years$30,061$21,015$14,370$9,648$6,383$4,267
33 years$28,833$19,902$13,418$8,872$5,777$3,801
34 years$27,679$18,862$12,537$8,163$5,230$3,388
35 years$26,593$17,891$11,721$7,514$4,737$3,021
36 years$25,571$16,981$10,965$6,921$4,292$2,694
37 years$24,605$16,128$10,263$6,376$3,890$2,403
38 years$23,693$15,327$9,611$5,877$3,527$2,144
39 years$22,829$14,575$9,004$5,419$3,198$1,913
40 years$22,011$13,867$8,440$4,998$2,901$1,707
41 years$21,235$13,200$7,914$4,612$2,632$1,524
42 years$20,498$12,571$7,423$4,256$2,388$1,360
43 years$19,797$11,978$6,966$3,929$2,167$1,214
44 years$19,129$11,417$6,539$3,628$1,967$1,084
45 years$18,493$10,887$6,139$3,350$1,786$968
46 years$17,887$10,386$5,766$3,095$1,621$865
47 years$17,308$9,911$5,417$2,859$1,472$772
48 years$16,754$9,462$5,091$2,642$1,337$690
49 years$16,225$9,035$4,785$2,442$1,214$616
50 years$15,719$8,631$4,499$2,257$1,103$550

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $16,100,000, adding $3,846 every year, while hoping to spend $35,846 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: 43/50/7 Blend
50$16,100,000$16,100,000$16,100,000$16,100,000
51$17,746,167$16,892,867$16,643,317$18,473,288
52$19,518,136$17,682,478$17,162,728$19,767,658
53$21,469,645$18,509,578$17,698,339$21,165,048
54$23,618,968$19,375,967$18,250,652$22,677,992
55$25,986,244$20,283,530$18,820,190$24,317,060
56$28,593,664$21,234,246$19,407,489$26,093,843
57$31,465,680$22,230,186$20,013,103$28,021,057
58$34,629,239$23,273,525$20,637,601$30,112,651
59$38,114,034$24,366,540$21,281,574$32,383,933
60$41,952,785$25,511,621$21,945,626$34,851,704
61$46,181,549$26,711,270$22,630,385$37,534,410
62$50,840,059$27,968,114$23,336,494$40,452,302
63$55,972,099$29,284,906$24,064,621$43,627,620
64$61,625,916$30,664,530$24,815,449$47,084,789
65$67,854,681$32,110,012$25,589,687$50,850,642
66$74,716,981$33,624,525$26,388,064$54,954,659
67$82,277,381$35,211,395$27,211,332$59,429,234
68$90,607,028$36,874,108$28,060,267$64,309,966
69$99,784,327$38,616,321$28,935,668$69,635,981
70$109,895,674$40,441,867$29,838,359$75,450,292
71$121,036,280$42,354,765$30,769,190$81,800,184
72$133,311,061$44,359,230$31,729,039$88,737,647
73$146,835,636$46,459,679$32,718,808$96,319,851
74$161,737,414$48,660,745$33,739,431$104,609,666
75$178,156,795$50,967,288$34,791,868$113,676,242
76$196,248,502$53,384,399$35,877,109$123,595,638
77$216,183,034$55,917,419$36,996,177$134,451,523
78$238,148,280$58,571,949$38,150,125$146,335,942
79$262,351,290$61,353,859$39,340,040$159,350,167
80$289,020,231$64,269,308$40,567,041$173,605,628
81$318,406,541$67,324,751$41,832,283$189,224,941
82$350,787,302$70,526,957$43,136,958$206,343,041
83$386,467,854$73,883,025$44,482,293$225,108,428
84$425,784,680$77,400,398$45,869,555$245,684,545
85$469,108,581$81,086,881$47,300,049$268,251,288
86$516,848,177$84,950,659$48,775,121$293,006,674
87$569,453,762$89,000,313$50,296,159$320,168,684
88$627,421,561$93,244,843$51,864,595$349,977,281
89$691,298,405$97,693,686$53,481,904$382,696,644
90$761,686,903$102,356,737$55,149,609$418,617,626
91$839,251,124$107,244,373$56,869,277$458,060,458
92$924,722,867$112,367,477$58,642,527$501,377,737
93$1,018,908,575$117,737,458$60,471,027$548,957,708
94$1,122,696,940$123,366,284$62,356,497$601,227,890
95$1,237,067,299$129,266,503$64,300,710$658,659,059
96$1,363,098,875$135,451,274$66,305,496$721,769,653
97$1,501,980,970$141,934,395$68,372,739$791,130,607
98$1,655,024,188$148,730,339$70,504,384$867,370,695
99$1,823,672,810$155,854,281$72,702,436$951,182,410
100$2,009,518,430$163,322,135$74,968,962$1,043,328,442