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%18%
1 years$1,329,523$1,317,680$1,306,126$1,294,849$1,283,837$1,242,243
2 years$658,180$645,922$634,042$622,523$611,351$569,836
3 years$434,428$422,117$410,267$398,857$387,866$347,733
4 years$322,574$310,301$298,569$287,354$276,629$238,186
5 years$255,479$243,280$231,702$220,715$210,289$173,638
6 years$210,764$198,656$187,250$176,508$166,395$131,566
7 years$178,837$166,831$155,605$145,117$135,323$102,314
8 years$154,902$143,005$131,966$121,735$112,264$81,049
9 years$136,297$124,512$113,662$103,691$94,542$65,087
10 years$121,421$109,751$99,093$89,383$80,555$52,814
11 years$109,257$97,705$87,240$77,790$69,280$43,201
12 years$99,129$87,694$77,423$68,232$60,036$35,563
13 years$90,565$79,250$69,173$60,239$52,353$29,424
14 years$83,231$72,036$62,152$53,473$45,892$24,445
15 years$76,880$65,806$56,115$47,689$40,407$20,376
16 years$71,329$60,376$50,876$42,700$35,712$17,031
17 years$66,436$55,604$46,295$38,366$31,665$14,267
18 years$62,092$51,381$42,262$34,575$28,155$11,975
19 years$58,209$47,619$38,689$31,242$25,095$10,066
20 years$54,719$44,250$35,506$28,295$22,415$8,472
21 years$51,565$41,217$32,659$25,680$20,059$7,138
22 years$48,702$38,475$30,100$23,349$17,980$6,020
23 years$46,092$35,985$27,792$21,264$16,140$5,081
24 years$43,703$33,715$25,703$19,394$14,507$4,291
25 years$41,508$31,640$23,806$17,712$13,054$3,626
26 years$39,486$29,737$22,079$16,195$11,759$3,065
27 years$37,616$27,986$20,502$14,824$10,601$2,592
28 years$35,883$26,371$19,060$13,582$9,566$2,193
29 years$34,273$24,878$17,737$12,455$8,638$1,856
30 years$32,773$23,494$16,521$11,430$7,805$1,571
31 years$31,372$22,210$15,402$10,498$7,056$1,330
32 years$30,061$21,015$14,370$9,648$6,383$1,126
33 years$28,833$19,902$13,418$8,872$5,777$953
34 years$27,679$18,862$12,537$8,163$5,230$807
35 years$26,593$17,891$11,721$7,514$4,737$684
36 years$25,571$16,981$10,965$6,921$4,292$579
37 years$24,605$16,128$10,263$6,376$3,890$491
38 years$23,693$15,327$9,611$5,877$3,527$416
39 years$22,829$14,575$9,004$5,419$3,198$352
40 years$22,011$13,867$8,440$4,998$2,901$298
41 years$21,235$13,200$7,914$4,612$2,632$253
42 years$20,498$12,571$7,423$4,256$2,388$214
43 years$19,797$11,978$6,966$3,929$2,167$182
44 years$19,129$11,417$6,539$3,628$1,967$154
45 years$18,493$10,887$6,139$3,350$1,786$130
46 years$17,887$10,386$5,766$3,095$1,621$110
47 years$17,308$9,911$5,417$2,859$1,472$94
48 years$16,754$9,462$5,091$2,642$1,337$79
49 years$16,225$9,035$4,785$2,442$1,214$67
50 years$15,719$8,631$4,499$2,257$1,103$57

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 $6,478 every year, while hoping to spend $27,454 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: 68/20/12 Blend
50$16,100,000$16,100,000$16,100,000$16,100,000
51$17,748,882$16,895,582$16,646,032$18,908,880
52$19,530,057$17,694,255$17,174,463$20,479,705
53$21,491,992$18,531,142$17,719,677$22,193,173
54$23,653,095$19,408,088$18,282,206$24,066,445
55$26,033,652$20,327,025$18,862,601$26,115,194
56$28,656,015$21,289,981$19,461,429$28,356,666
57$31,544,818$22,299,079$20,079,276$30,809,841
58$34,727,204$23,356,549$20,716,747$33,495,599
59$38,233,086$24,464,726$21,374,464$36,436,925
60$42,095,424$25,626,061$22,053,072$39,659,110
61$46,350,541$26,843,122$22,753,234$43,189,996
62$51,038,464$28,118,602$23,475,635$47,060,227
63$56,203,300$29,455,327$24,220,981$51,303,536
64$61,893,655$30,856,256$24,990,003$55,957,057
65$68,163,091$32,324,497$25,783,452$61,061,674
66$75,070,633$33,863,304$26,602,104$66,662,395
67$82,681,324$35,476,092$27,446,760$72,808,777
68$91,066,840$37,166,441$28,318,248$79,555,387
69$100,306,167$38,938,106$29,217,419$86,962,305
70$110,486,347$40,795,024$30,145,153$95,095,693
71$121,703,297$42,741,323$31,102,358$104,028,407
72$134,062,717$44,781,331$32,089,971$113,840,677
73$147,681,087$46,919,590$33,108,958$124,620,863
74$162,686,766$49,160,858$34,160,316$136,466,273
75$179,221,204$51,510,127$35,245,074$149,484,079
76$197,440,277$53,972,633$36,364,294$163,792,319
77$217,515,758$56,553,865$37,519,071$179,521,000
78$239,636,940$59,259,580$38,710,535$196,813,320
79$264,012,422$62,095,813$39,939,852$215,827,004
80$290,872,077$65,068,896$41,208,225$236,735,789
81$320,469,225$68,185,467$42,516,896$259,731,048
82$353,083,019$71,452,489$43,867,146$285,023,588
83$389,021,088$74,877,261$45,260,295$312,845,629
84$428,622,433$78,467,441$46,697,709$343,452,980
85$472,260,633$82,231,057$48,180,794$377,127,447
86$520,347,368$86,176,530$49,711,002$414,179,473
87$573,336,309$90,312,690$51,289,830$454,951,058
88$631,727,398$94,648,797$52,918,825$499,818,974
89$696,071,568$99,194,563$54,599,580$549,198,304
90$766,975,944$103,960,173$56,333,742$603,546,344
91$845,109,576$108,956,308$58,123,009$663,366,905
92$931,209,755$114,194,169$59,969,132$729,215,051
93$1,026,088,970$119,685,503$61,873,918$801,702,318
94$1,130,642,584$125,442,632$63,839,233$881,502,471
95$1,245,857,281$131,478,474$65,867,001$969,357,842
96$1,372,820,386$137,806,582$67,959,208$1,066,086,317
97$1,512,730,126$144,441,165$70,117,902$1,172,589,036
98$1,666,906,944$151,397,127$72,345,197$1,289,858,875
99$1,836,805,966$158,690,099$74,643,274$1,418,989,798
100$2,024,030,735$166,336,475$77,014,384$1,561,187,154