Can I retire at age 51 with 16,600,000?

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 $16,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$1,370,812$1,358,602$1,346,689$1,335,061$1,323,707$1,305,543
2 years$678,620$665,981$653,733$641,856$630,337$612,069
3 years$447,919$435,226$423,008$411,244$399,912$382,108
4 years$332,592$319,937$307,842$296,278$285,220$268,018
5 years$263,413$250,835$238,898$227,570$216,820$200,268
6 years$217,309$204,825$193,065$181,989$171,562$155,682
7 years$184,391$172,012$160,438$149,624$139,526$124,322
8 years$159,713$147,446$136,064$125,515$115,750$101,221
9 years$140,529$128,378$117,192$106,911$97,479$83,617
10 years$125,192$113,159$102,171$92,159$83,057$69,852
11 years$112,651$100,739$89,949$80,206$71,431$58,872
12 years$102,207$90,418$79,828$70,351$61,901$49,973
13 years$93,377$81,711$71,321$62,109$53,979$42,665
14 years$85,816$74,273$64,082$55,134$47,318$36,601
15 years$79,268$67,850$57,857$49,170$41,662$31,524
16 years$73,544$62,251$52,456$44,026$36,821$27,243
17 years$68,499$57,331$47,733$39,557$32,648$23,610
18 years$64,020$52,976$43,574$35,649$29,029$20,511
19 years$60,017$49,098$39,890$32,212$25,874$17,856
20 years$56,418$45,624$36,609$29,174$23,111$15,572
21 years$53,167$42,497$33,673$26,477$20,682$13,601
22 years$50,215$39,670$31,035$24,074$18,539$11,895
23 years$47,523$37,102$28,656$21,925$16,641$10,415
24 years$45,060$34,762$26,501$19,996$14,958$9,128
25 years$42,797$32,623$24,546$18,262$13,460$8,007
26 years$40,712$30,660$22,765$16,698$12,124$7,029
27 years$38,785$28,855$21,139$15,284$10,931$6,175
28 years$36,998$27,190$19,652$14,003$9,863$5,427
29 years$35,337$25,650$18,288$12,841$8,906$4,773
30 years$33,790$24,224$17,034$11,785$8,047$4,199
31 years$32,346$22,900$15,880$10,824$7,275$3,695
32 years$30,995$21,668$14,817$9,947$6,581$3,253
33 years$29,728$20,520$13,834$9,147$5,956$2,865
34 years$28,538$19,448$12,926$8,416$5,392$2,524
35 years$27,419$18,446$12,085$7,748$4,884$2,224
36 years$26,365$17,508$11,305$7,135$4,425$1,960
37 years$25,369$16,629$10,582$6,574$4,011$1,728
38 years$24,429$15,803$9,909$6,060$3,636$1,523
39 years$23,538$15,027$9,284$5,587$3,297$1,343
40 years$22,695$14,297$8,702$5,154$2,991$1,184
41 years$21,894$13,610$8,159$4,755$2,713$1,044
42 years$21,134$12,961$7,654$4,388$2,462$921
43 years$20,411$12,350$7,182$4,051$2,234$812
44 years$19,723$11,772$6,742$3,740$2,028$717
45 years$19,067$11,225$6,330$3,454$1,841$632
46 years$18,442$10,709$5,945$3,191$1,672$558
47 years$17,845$10,219$5,586$2,948$1,518$492
48 years$17,275$9,756$5,249$2,724$1,379$434
49 years$16,729$9,316$4,934$2,517$1,252$383
50 years$16,207$8,899$4,638$2,327$1,137$338

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $16,600,000, adding $4,333 every year, while hoping to spend $55,726 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: 33/44/23 Blend
50$16,600,000$16,600,000$16,600,000$16,600,000
51$18,297,669$17,417,869$17,160,569$18,772,394
52$20,104,740$18,212,053$17,676,157$19,922,687
53$22,094,263$19,043,284$18,207,148$21,156,197
54$24,284,792$19,913,319$18,754,001$22,484,488
55$26,696,767$20,823,998$19,317,187$23,915,957
56$29,352,714$21,777,250$19,897,189$25,459,801
57$32,277,454$22,775,098$20,494,507$27,126,097
58$35,498,335$23,819,659$21,109,655$28,925,891
59$39,045,497$24,913,154$21,743,160$30,871,294
60$42,952,149$26,057,910$22,395,567$32,975,587
61$47,254,885$27,256,365$23,067,436$35,253,336
62$51,994,032$28,511,075$23,759,343$37,720,524
63$57,214,025$29,824,719$24,471,883$40,394,686
64$62,963,830$31,200,105$25,205,665$43,295,073
65$69,297,405$32,640,175$25,961,320$46,442,813
66$76,274,210$34,148,013$26,739,494$49,861,107
67$83,959,766$35,726,852$27,540,853$53,575,434
68$92,426,275$37,380,080$28,366,084$57,613,777
69$101,753,299$39,111,248$29,215,892$62,006,877
70$112,028,516$40,924,080$30,091,005$66,788,511
71$123,348,541$42,822,476$30,992,170$71,995,792
72$135,819,841$44,810,527$31,920,157$77,669,509
73$149,559,742$46,892,519$32,875,759$83,854,495
74$164,697,529$49,072,947$33,859,791$90,600,036
75$181,375,677$51,356,520$34,873,093$97,960,316
76$199,751,183$53,748,177$35,916,529$105,994,916
77$219,997,060$56,253,094$36,990,989$114,769,353
78$242,303,960$58,876,696$38,097,387$124,355,682
79$266,881,982$61,624,671$39,236,667$134,833,156
80$293,962,646$64,502,983$40,409,798$146,288,955
81$323,801,088$67,517,880$41,617,778$158,818,981
82$356,678,459$70,675,917$42,861,634$172,528,749
83$392,904,586$73,983,961$44,142,423$187,534,352
84$432,820,894$77,449,215$45,461,234$203,963,534
85$476,803,626$81,079,228$46,819,187$221,956,873
86$525,267,400$84,881,914$48,217,433$241,669,073
87$578,669,117$88,865,570$49,657,160$263,270,406
88$637,512,280$93,038,895$51,139,587$286,948,279
89$702,351,740$97,411,009$52,665,971$312,908,978
90$773,798,942$101,991,473$54,237,605$341,379,582
91$852,527,689$106,790,310$55,855,820$372,610,069
92$939,280,508$111,818,030$57,521,984$406,875,643
93$1,034,875,656$117,085,650$59,237,508$444,479,292
94$1,140,214,849$122,604,723$61,003,840$485,754,611
95$1,256,291,768$128,387,359$62,822,473$531,068,908
96$1,384,201,446$134,446,257$64,694,944$580,826,628
97$1,525,150,600$140,794,730$66,622,831$635,473,127
98$1,680,469,027$147,446,738$68,607,762$695,498,829
99$1,851,622,156$154,416,916$70,651,409$761,443,806
100$2,040,224,880$161,720,609$72,755,495$833,902,822