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%17.8%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,397,677
2 years$739,941$726,160$712,805$699,855$687,295$641,725
3 years$488,394$474,554$461,232$448,404$436,048$391,980
4 years$362,645$348,847$335,659$323,050$310,993$268,765
5 years$287,216$273,501$260,485$248,133$236,412$196,137
6 years$236,946$223,334$210,510$198,434$187,065$148,776
7 years$201,052$187,555$174,935$163,144$152,134$115,829
8 years$174,145$160,770$148,359$136,857$126,210$91,864
9 years$153,228$139,979$127,782$116,572$106,287$73,862
10 years$136,504$123,384$111,403$100,486$90,562$60,009
11 years$122,830$109,842$98,077$87,453$77,886$49,150
12 years$111,443$98,588$87,041$76,708$67,494$40,514
13 years$101,815$89,095$77,765$67,722$58,856$33,566
14 years$93,570$80,985$69,873$60,116$51,593$27,925
15 years$86,431$73,981$63,086$53,613$45,427$23,310
16 years$80,190$67,876$57,196$48,004$40,148$19,512
17 years$74,689$62,512$52,046$43,132$35,598$16,369
18 years$69,805$57,763$47,512$38,870$31,652$13,759
19 years$65,440$53,535$43,495$35,123$28,212$11,583
20 years$61,516$49,747$39,917$31,810$25,200$9,764
21 years$57,971$46,337$36,716$28,870$22,551$8,240
22 years$54,752$43,254$33,840$26,249$20,214$6,960
23 years$51,818$40,455$31,245$23,906$18,145$5,884
24 years$49,132$37,903$28,896$21,803$16,309$4,977
25 years$46,665$35,571$26,764$19,912$14,676$4,212
26 years$44,391$33,431$24,822$18,207$13,219$3,566
27 years$42,289$31,462$23,049$16,665$11,918$3,021
28 years$40,341$29,647$21,427$15,269$10,754$2,560
29 years$38,530$27,968$19,940$14,002$9,711$2,170
30 years$36,844$26,413$18,573$12,850$8,774$1,839
31 years$35,269$24,969$17,315$11,802$7,933$1,560
32 years$33,796$23,626$16,156$10,846$7,176$1,323
33 years$32,414$22,374$15,085$9,974$6,494$1,122
34 years$31,117$21,205$14,094$9,177$5,880$952
35 years$29,897$20,113$13,177$8,448$5,325$808
36 years$28,747$19,090$12,327$7,780$4,825$685
37 years$27,662$18,131$11,538$7,168$4,373$581
38 years$26,636$17,231$10,805$6,607$3,965$493
39 years$25,665$16,385$10,123$6,092$3,595$419
40 years$24,746$15,589$9,488$5,619$3,261$355
41 years$23,873$14,839$8,897$5,184$2,959$302
42 years$23,044$14,133$8,345$4,785$2,685$256
43 years$22,256$13,465$7,831$4,417$2,436$217
44 years$21,505$12,835$7,351$4,078$2,212$184
45 years$20,790$12,240$6,902$3,766$2,008$157
46 years$20,109$11,676$6,483$3,479$1,823$133
47 years$19,458$11,143$6,090$3,214$1,655$113
48 years$18,836$10,637$5,723$2,970$1,503$96
49 years$18,241$10,158$5,379$2,745$1,365$81
50 years$17,672$9,703$5,058$2,537$1,240$69

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 $5,772 every year, while hoping to spend $27,487 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: 57/13/30 Blend
50$18,100,000$18,100,000$18,100,000$18,100,000
51$19,952,154$18,992,854$18,712,304$20,924,107
52$21,958,028$19,894,258$19,309,920$22,494,917
53$24,167,579$20,838,909$19,926,635$24,202,928
54$26,601,555$21,828,898$20,563,060$26,064,204
55$29,282,816$22,866,417$21,219,825$28,093,601
56$32,236,554$23,953,762$21,897,580$30,307,457
57$35,490,531$25,093,345$22,596,997$32,723,747
58$39,075,338$26,287,691$23,318,769$35,362,246
59$43,024,685$27,539,451$24,063,611$38,244,713
60$47,375,721$28,851,402$24,832,260$41,395,088
61$52,169,382$30,226,459$25,625,479$44,839,720
62$57,450,779$31,667,675$26,444,052$48,607,605
63$63,269,622$33,178,255$27,288,791$52,730,656
64$69,680,691$34,761,557$28,160,533$57,244,000
65$76,744,353$36,421,104$29,060,142$62,186,304
66$84,527,129$38,160,591$29,988,509$67,600,134
67$93,102,326$39,983,890$30,946,555$73,532,350
68$102,550,727$41,895,064$31,935,228$80,034,542
69$112,961,351$43,898,372$32,955,508$87,163,514
70$124,432,298$45,998,281$34,008,407$94,981,807
71$137,071,672$48,199,476$35,094,967$103,558,288
72$150,998,601$50,506,869$36,216,267$112,968,792
73$166,344,364$52,925,611$37,373,418$123,296,825
74$183,253,628$55,461,105$38,567,566$134,634,353
75$201,885,814$58,119,015$39,799,896$147,082,653
76$222,416,603$60,905,283$41,071,628$160,753,267
77$245,039,593$63,826,138$42,384,024$175,769,042
78$269,968,128$66,888,115$43,738,385$192,265,282
79$297,437,310$70,098,066$45,136,054$210,391,016
80$327,706,220$73,463,176$46,578,416$230,310,393
81$361,060,363$76,990,981$48,066,903$252,204,220
82$397,814,365$80,689,383$49,602,988$276,271,662
83$438,314,939$84,566,672$51,188,197$302,732,107
84$482,944,162$88,631,538$52,824,101$331,827,224
85$532,123,080$92,893,097$54,512,322$363,823,237
86$586,315,685$97,360,909$56,254,535$399,013,419
87$646,033,290$102,044,999$58,052,468$437,720,852
88$711,839,364$106,955,882$59,907,904$480,301,457
89$784,354,844$112,104,585$61,822,683$527,147,346
90$864,264,000$117,502,672$63,798,705$578,690,503
91$952,320,896$123,162,271$65,837,930$635,406,846
92$1,049,356,508$129,096,103$67,942,381$697,820,707
93$1,156,286,567$135,317,507$70,114,146$766,509,761
94$1,274,120,207$141,840,475$72,355,380$842,110,459
95$1,403,969,488$148,679,678$74,668,305$925,324,025
96$1,547,059,901$155,850,507$77,055,218$1,016,923,045
97$1,704,741,929$163,369,101$79,518,487$1,117,758,751
98$1,878,503,805$171,252,386$82,060,555$1,228,769,025
99$2,069,985,556$179,518,115$84,683,946$1,350,987,237
100$2,280,994,487$188,184,907$87,391,263$1,485,551,977