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%19.3%
1 years$1,329,523$1,317,680$1,306,126$1,294,849$1,283,837$1,235,829
2 years$658,180$645,922$634,042$622,523$611,351$563,533
3 years$434,428$422,117$410,267$398,857$387,866$341,743
4 years$322,574$310,301$298,569$287,354$276,629$232,553
5 years$255,479$243,280$231,702$220,715$210,289$168,373
6 years$210,764$198,656$187,250$176,508$166,395$126,668
7 years$178,837$166,831$155,605$145,117$135,323$97,776
8 years$154,902$143,005$131,966$121,735$112,264$76,861
9 years$136,297$124,512$113,662$103,691$94,542$61,234
10 years$121,421$109,751$99,093$89,383$80,555$49,281
11 years$109,257$97,705$87,240$77,790$69,280$39,972
12 years$99,129$87,694$77,423$68,232$60,036$32,621
13 years$90,565$79,250$69,173$60,239$52,353$26,752
14 years$83,231$72,036$62,152$53,473$45,892$22,025
15 years$76,880$65,806$56,115$47,689$40,407$18,190
16 years$71,329$60,376$50,876$42,700$35,712$15,061
17 years$66,436$55,604$46,295$38,366$31,665$12,497
18 years$62,092$51,381$42,262$34,575$28,155$10,387
19 years$58,209$47,619$38,689$31,242$25,095$8,646
20 years$54,719$44,250$35,506$28,295$22,415$7,205
21 years$51,565$41,217$32,659$25,680$20,059$6,010
22 years$48,702$38,475$30,100$23,349$17,980$5,017
23 years$46,092$35,985$27,792$21,264$16,140$4,191
24 years$43,703$33,715$25,703$19,394$14,507$3,503
25 years$41,508$31,640$23,806$17,712$13,054$2,930
26 years$39,486$29,737$22,079$16,195$11,759$2,451
27 years$37,616$27,986$20,502$14,824$10,601$2,051
28 years$35,883$26,371$19,060$13,582$9,566$1,717
29 years$34,273$24,878$17,737$12,455$8,638$1,437
30 years$32,773$23,494$16,521$11,430$7,805$1,204
31 years$31,372$22,210$15,402$10,498$7,056$1,008
32 years$30,061$21,015$14,370$9,648$6,383$844
33 years$28,833$19,902$13,418$8,872$5,777$707
34 years$27,679$18,862$12,537$8,163$5,230$593
35 years$26,593$17,891$11,721$7,514$4,737$497
36 years$25,571$16,981$10,965$6,921$4,292$416
37 years$24,605$16,128$10,263$6,376$3,890$349
38 years$23,693$15,327$9,611$5,877$3,527$292
39 years$22,829$14,575$9,004$5,419$3,198$245
40 years$22,011$13,867$8,440$4,998$2,901$205
41 years$21,235$13,200$7,914$4,612$2,632$172
42 years$20,498$12,571$7,423$4,256$2,388$144
43 years$19,797$11,978$6,966$3,929$2,167$121
44 years$19,129$11,417$6,539$3,628$1,967$101
45 years$18,493$10,887$6,139$3,350$1,786$85
46 years$17,887$10,386$5,766$3,095$1,621$71
47 years$17,308$9,911$5,417$2,859$1,472$60
48 years$16,754$9,462$5,091$2,642$1,337$50
49 years$16,225$9,035$4,785$2,442$1,214$42
50 years$15,719$8,631$4,499$2,257$1,103$35

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 $6,386 every year, while hoping to spend $43,111 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: 72/16/12 Blend
50$16,100,000$16,100,000$16,100,000$16,100,000
51$17,748,787$16,895,487$16,645,937$18,982,203
52$19,513,294$17,677,496$17,157,706$20,581,430
53$21,456,335$18,496,379$17,685,175$22,326,098
54$23,596,076$19,353,896$18,228,823$24,235,330
55$25,952,533$20,251,895$18,789,146$26,325,380
56$28,547,764$21,192,310$19,366,654$28,614,137
57$31,406,071$22,177,169$19,961,873$31,121,290
58$34,554,240$23,208,599$20,575,345$33,868,514
59$38,021,780$24,288,828$21,207,627$36,879,670
60$41,841,215$25,420,194$21,859,296$40,181,023
61$46,048,380$26,605,145$22,530,944$43,801,494
62$50,682,766$27,846,248$23,223,181$47,772,923
63$55,787,889$29,146,195$23,936,639$52,130,366
64$61,411,703$30,507,808$24,671,965$56,912,426
65$67,607,049$31,934,042$25,429,828$62,161,609
66$74,432,157$33,428,000$26,210,917$67,924,724
67$81,951,197$34,992,931$27,015,942$74,253,319
68$90,234,877$36,632,244$27,845,635$81,204,159
69$99,361,120$38,349,509$28,700,749$88,839,764
70$109,415,791$40,148,472$29,582,061$97,228,990
71$120,493,514$42,033,059$30,490,372$106,447,672
72$132,698,560$44,007,387$31,426,507$116,579,336
73$146,145,834$46,075,769$32,391,316$127,715,983
74$160,961,958$48,242,731$33,385,674$139,958,949
75$177,286,469$50,513,016$34,410,485$153,419,854
76$195,273,131$52,891,596$35,466,678$168,221,652
77$215,091,390$55,383,684$36,555,212$184,499,784
78$236,927,975$57,994,748$37,677,075$202,403,445
79$260,988,656$60,730,517$38,833,284$222,096,992
80$287,500,187$63,597,001$40,024,887$243,761,480
81$316,712,452$66,600,500$41,252,967$267,596,366
82$348,900,815$69,747,618$42,518,635$293,821,385
83$384,368,728$73,045,281$43,823,039$322,678,611
84$423,450,590$76,500,751$45,167,362$354,434,734
85$466,514,903$80,121,640$46,552,821$389,383,570
86$513,967,755$83,915,933$47,980,672$427,848,820
87$566,256,650$87,891,998$49,452,209$470,187,117
88$623,874,735$92,058,612$50,968,765$516,791,383
89$687,365,451$96,424,977$52,531,711$568,094,521
90$757,327,668$101,000,742$54,142,465$624,573,493
91$834,421,336$105,796,025$55,802,484$686,753,809
92$919,373,715$110,821,433$57,513,269$755,214,474
93$1,012,986,241$116,088,090$59,276,371$830,593,438
94$1,116,142,091$121,607,660$61,093,383$913,593,606
95$1,229,814,522$127,392,373$62,965,949$1,004,989,455
96$1,355,076,059$133,455,055$64,895,764$1,105,634,332
97$1,493,108,616$139,809,152$66,884,572$1,216,468,491
98$1,645,214,661$146,468,766$68,934,170$1,338,527,949
99$1,812,829,505$153,448,684$71,046,413$1,472,954,254
100$1,997,534,855$160,764,410$73,223,209$1,621,005,235