Can I retire at age 51 with 18,100,000?

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,422,926
2 years$739,941$726,160$712,805$699,855$687,295$666,788
3 years$488,394$474,554$461,232$448,404$436,048$416,065
4 years$362,645$348,847$335,659$323,050$310,993$291,689
5 years$287,216$273,501$260,485$248,133$236,412$217,842
6 years$236,946$223,334$210,510$198,434$187,065$169,251
7 years$201,052$187,555$174,935$163,144$152,134$135,083
8 years$174,145$160,770$148,359$136,857$126,210$109,919
9 years$153,228$139,979$127,782$116,572$106,287$90,748
10 years$136,504$123,384$111,403$100,486$90,562$75,764
11 years$122,830$109,842$98,077$87,453$77,886$63,815
12 years$111,443$98,588$87,041$76,708$67,494$54,133
13 years$101,815$89,095$77,765$67,722$58,856$46,187
14 years$93,570$80,985$69,873$60,116$51,593$39,596
15 years$86,431$73,981$63,086$53,613$45,427$34,081
16 years$80,190$67,876$57,196$48,004$40,148$29,432
17 years$74,689$62,512$52,046$43,132$35,598$25,489
18 years$69,805$57,763$47,512$38,870$31,652$22,128
19 years$65,440$53,535$43,495$35,123$28,212$19,249
20 years$61,516$49,747$39,917$31,810$25,200$16,774
21 years$57,971$46,337$36,716$28,870$22,551$14,640
22 years$54,752$43,254$33,840$26,249$20,214$12,794
23 years$51,818$40,455$31,245$23,906$18,145$11,193
24 years$49,132$37,903$28,896$21,803$16,309$9,803
25 years$46,665$35,571$26,764$19,912$14,676$8,592
26 years$44,391$33,431$24,822$18,207$13,219$7,537
27 years$42,289$31,462$23,049$16,665$11,918$6,615
28 years$40,341$29,647$21,427$15,269$10,754$5,810
29 years$38,530$27,968$19,940$14,002$9,711$5,105
30 years$36,844$26,413$18,573$12,850$8,774$4,487
31 years$35,269$24,969$17,315$11,802$7,933$3,946
32 years$33,796$23,626$16,156$10,846$7,176$3,471
33 years$32,414$22,374$15,085$9,974$6,494$3,055
34 years$31,117$21,205$14,094$9,177$5,880$2,689
35 years$29,897$20,113$13,177$8,448$5,325$2,367
36 years$28,747$19,090$12,327$7,780$4,825$2,084
37 years$27,662$18,131$11,538$7,168$4,373$1,836
38 years$26,636$17,231$10,805$6,607$3,965$1,617
39 years$25,665$16,385$10,123$6,092$3,595$1,424
40 years$24,746$15,589$9,488$5,619$3,261$1,255
41 years$23,873$14,839$8,897$5,184$2,959$1,106
42 years$23,044$14,133$8,345$4,785$2,685$974
43 years$22,256$13,465$7,831$4,417$2,436$859
44 years$21,505$12,835$7,351$4,078$2,212$757
45 years$20,790$12,240$6,902$3,766$2,008$667
46 years$20,109$11,676$6,483$3,479$1,823$588
47 years$19,458$11,143$6,090$3,214$1,655$518
48 years$18,836$10,637$5,723$2,970$1,503$457
49 years$18,241$10,158$5,379$2,745$1,365$403
50 years$17,672$9,703$5,058$2,537$1,240$355

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,100,000, adding $4,187 every year, while hoping to spend $44,698 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: 48/46/6 Blend
50$18,100,000$18,100,000$18,100,000$18,100,000
51$19,950,519$18,991,219$18,710,669$20,876,980
52$21,937,913$19,874,230$19,289,918$22,394,054
53$24,126,524$20,799,011$19,887,074$24,035,125
54$26,536,828$21,767,561$20,502,689$25,815,731
55$29,191,389$22,781,976$21,137,334$27,748,855
56$32,115,071$23,844,453$21,791,594$29,848,745
57$35,335,272$24,957,295$22,466,077$32,131,043
58$38,882,185$26,122,918$23,161,406$34,612,923
59$42,789,078$27,343,851$23,878,223$37,313,245
60$47,092,613$28,622,749$24,617,192$40,252,722
61$51,833,189$29,962,393$25,378,998$43,454,110
62$57,055,323$31,365,698$26,164,343$46,942,406
63$62,808,071$32,835,724$26,973,954$50,745,080
64$69,145,493$34,375,673$27,808,580$54,892,320
65$76,127,159$35,988,906$28,668,993$59,417,305
66$83,818,712$37,678,945$29,555,987$64,356,508
67$92,292,491$39,449,484$30,470,383$69,750,026
68$101,628,210$41,304,394$31,413,026$75,641,944
69$111,913,712$43,247,734$32,384,787$82,080,742
70$123,245,797$45,283,759$33,386,563$89,119,732
71$135,731,137$47,416,931$34,419,282$96,817,550
72$149,487,280$49,651,928$35,483,895$105,238,690
73$164,643,765$51,993,655$36,581,388$114,454,101
74$181,343,338$54,447,253$37,712,773$124,541,835
75$199,743,303$57,018,113$38,879,095$135,587,765
76$220,017,007$59,711,888$40,081,433$147,686,379
77$242,355,476$62,534,504$41,320,895$160,941,652
78$266,969,216$65,492,176$42,598,626$175,468,002
79$294,090,201$68,591,419$43,915,805$191,391,352
80$323,974,067$71,839,063$45,273,650$208,850,294
81$356,902,516$75,242,272$46,673,412$227,997,373
82$393,185,985$78,808,555$48,116,383$249,000,500
83$433,166,569$82,545,788$49,603,896$272,044,514
84$477,221,255$86,462,227$51,137,322$297,332,895
85$525,765,476$90,566,530$52,718,076$325,089,656
86$579,257,040$94,867,775$54,347,616$355,561,431
87$638,200,443$99,375,481$56,027,446$389,019,764
88$703,151,637$104,099,628$57,759,115$425,763,645
89$774,723,278$109,050,684$59,544,219$466,122,293
90$853,590,506$114,239,622$61,384,404$510,458,229
91$940,497,324$119,677,949$63,281,368$559,170,658
92$1,036,263,615$125,377,733$65,236,858$612,699,198
93$1,141,792,889$131,351,626$67,252,677$671,527,987
94$1,258,080,805$137,612,898$69,330,684$736,190,207
95$1,386,224,578$144,175,461$71,472,792$807,273,073
96$1,527,433,330$151,053,904$73,680,977$885,423,327
97$1,683,039,512$158,263,527$75,957,271$971,353,288
98$1,854,511,476$165,820,373$78,303,773$1,065,847,530
99$2,043,467,341$173,741,266$80,722,644$1,169,770,225
100$2,251,690,268$182,043,847$83,216,111$1,284,073,245