Can I retire at age 51 with 18,200,000?

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,404,837
2 years$744,029$730,172$716,743$703,722$691,092$644,716
3 years$491,092$477,176$463,780$450,882$438,457$393,617
4 years$364,649$350,775$337,513$324,835$312,711$269,751
5 years$288,802$275,012$261,924$249,504$237,718$196,753
6 years$238,255$224,568$211,674$199,531$188,098$149,162
7 years$202,163$188,592$175,902$164,045$152,974$116,063
8 years$175,107$161,658$149,179$137,613$126,907$91,996
9 years$154,074$140,752$128,487$117,216$106,874$73,923
10 years$137,258$124,066$112,018$101,041$91,062$60,021
11 years$123,508$110,449$98,619$87,936$78,316$49,128
12 years$112,059$99,133$87,522$77,132$67,867$40,469
13 years$102,378$89,587$78,195$68,096$59,182$33,506
14 years$94,087$81,432$70,259$60,448$51,878$27,855
15 years$86,908$74,390$63,434$53,909$45,678$23,236
16 years$80,633$68,251$57,512$48,270$40,370$19,435
17 years$75,102$62,857$52,334$43,370$35,795$16,293
18 years$70,190$58,083$47,774$39,085$31,827$13,685
19 years$65,801$53,830$43,735$35,317$28,368$11,512
20 years$61,856$50,022$40,138$31,986$25,339$9,697
21 years$58,291$46,593$36,919$29,029$22,676$8,177
22 years$55,055$43,493$34,027$26,394$20,325$6,901
23 years$52,104$40,678$31,417$24,038$18,245$5,829
24 years$49,403$38,113$29,056$21,924$16,399$4,927
25 years$46,922$35,767$26,912$20,022$14,757$4,166
26 years$44,636$33,615$24,959$18,307$13,292$3,525
27 years$42,523$31,636$23,177$16,757$11,984$2,984
28 years$40,564$29,810$21,546$15,353$10,814$2,526
29 years$38,743$28,123$20,050$14,079$9,764$2,139
30 years$37,047$26,559$18,676$12,921$8,823$1,812
31 years$35,464$25,107$17,411$11,867$7,977$1,535
32 years$33,982$23,756$16,245$10,906$7,215$1,301
33 years$32,594$22,498$15,168$10,029$6,530$1,103
34 years$31,289$21,323$14,172$9,228$5,912$935
35 years$30,062$20,224$13,250$8,494$5,355$792
36 years$28,906$19,196$12,395$7,823$4,852$672
37 years$27,815$18,231$11,601$7,208$4,397$569
38 years$26,783$17,326$10,864$6,644$3,987$483
39 years$25,807$16,476$10,179$6,126$3,615$409
40 years$24,882$15,675$9,540$5,650$3,279$347
41 years$24,005$14,921$8,946$5,213$2,975$294
42 years$23,171$14,211$8,392$4,811$2,699$250
43 years$22,379$13,540$7,874$4,441$2,450$212
44 years$21,624$12,906$7,391$4,101$2,224$180
45 years$20,905$12,307$6,940$3,787$2,019$152
46 years$20,220$11,741$6,518$3,498$1,833$129
47 years$19,565$11,204$6,124$3,232$1,664$110
48 years$18,940$10,696$5,755$2,986$1,511$93
49 years$18,342$10,214$5,409$2,760$1,373$79
50 years$17,770$9,757$5,085$2,551$1,247$67

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,200,000, adding $5,439 every year, while hoping to spend $44,232 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: 47/25/28 Blend
50$18,200,000$18,200,000$18,200,000$18,200,000
51$20,062,010$19,097,410$18,815,310$20,843,598
52$22,061,273$19,986,121$19,398,561$22,284,606
53$24,262,978$20,916,896$19,999,868$23,843,162
54$26,687,727$21,891,750$20,619,789$25,534,191
55$29,358,224$22,912,794$21,258,900$27,370,173
56$32,299,484$23,982,242$21,917,795$29,364,816
57$35,539,075$25,102,415$22,597,084$31,533,185
58$39,107,373$26,275,746$23,297,399$33,891,832
59$43,037,851$27,504,784$24,019,388$36,458,953
60$47,367,397$28,792,203$24,763,722$39,254,547
61$52,136,656$30,140,805$25,531,091$42,300,601
62$57,390,419$31,553,529$26,322,208$45,621,292
63$63,178,045$33,033,456$27,137,805$49,243,204
64$69,553,924$34,583,813$27,978,639$53,195,573
65$76,577,991$36,207,987$28,845,491$57,510,558
66$84,316,295$37,909,527$29,739,164$62,223,529
67$92,841,617$39,692,154$30,660,486$67,373,399
68$102,234,161$41,559,769$31,610,311$73,002,981
69$112,582,310$43,516,462$32,589,521$79,159,377
70$123,983,459$45,566,521$33,599,023$85,894,420
71$136,544,934$47,714,443$34,639,752$93,265,149
72$150,385,006$49,964,940$35,712,673$101,334,337
73$165,634,010$52,322,955$36,818,781$110,171,073
74$182,435,569$54,793,670$37,959,100$119,851,400
75$200,947,953$57,382,516$39,134,686$130,459,025
76$221,345,576$60,095,191$40,346,630$142,086,091
77$243,820,635$62,937,666$41,596,052$154,834,038
78$268,584,932$65,916,203$42,884,112$168,814,541
79$295,871,866$69,037,368$44,212,001$184,150,557
80$325,938,643$72,308,045$45,580,949$200,977,463
81$359,068,698$75,735,453$46,992,224$219,444,322
82$395,574,374$79,327,160$48,447,133$239,715,272
83$435,799,871$83,091,101$49,947,022$261,971,059
84$480,124,491$87,035,598$51,493,281$286,410,723
85$528,966,222$91,169,376$53,087,339$313,253,460
86$582,785,685$95,501,584$54,730,674$342,740,669
87$642,090,478$100,041,814$56,424,804$375,138,212
88$707,439,970$104,800,126$58,171,298$410,738,901
89$779,450,583$109,787,068$59,971,772$449,865,240
90$858,801,608$115,013,700$61,827,892$492,872,443
91$946,241,620$120,491,619$63,741,374$540,151,765
92$1,042,595,543$126,232,987$65,713,989$592,134,171
93$1,148,772,442$132,250,557$67,747,561$649,294,373
94$1,265,774,097$138,557,700$69,843,970$712,155,285
95$1,394,704,467$145,168,439$72,005,155$781,292,931
96$1,536,780,109$152,097,479$74,233,114$857,341,848
97$1,693,341,664$159,360,239$76,529,908$941,001,048
98$1,865,866,512$166,972,889$78,897,658$1,033,040,582
99$2,055,982,721$174,952,385$81,338,554$1,134,308,769
100$2,265,484,414$183,316,508$83,854,851$1,245,740,177