Can I retire at age 51 with 18,300,000?

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 $18,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,434,503
2 years$748,117$734,184$720,681$707,589$694,889$670,015
3 years$493,791$479,798$466,328$453,359$440,866$416,658
4 years$366,652$352,702$339,368$326,620$314,430$291,073
5 years$290,389$276,523$263,363$250,875$239,024$216,587
6 years$239,564$225,802$212,837$200,627$189,132$167,639
7 years$203,274$189,628$176,868$164,946$153,815$133,273
8 years$176,069$162,546$149,998$138,369$127,604$108,009
9 years$154,921$141,526$129,193$117,860$107,461$88,802
10 years$138,012$124,748$112,634$101,597$91,562$73,823
11 years$124,187$111,056$99,161$88,419$78,747$61,908
12 years$112,674$99,678$88,003$77,556$68,240$52,280
13 years$102,940$90,079$78,625$68,470$59,507$44,401
14 years$94,604$81,880$70,645$60,780$52,163$37,887
15 years$87,386$74,799$63,783$54,205$45,929$32,454
16 years$81,076$68,626$57,828$48,535$40,592$27,890
17 years$75,514$63,202$52,621$43,608$35,992$24,034
18 years$70,576$58,402$48,037$39,300$32,002$20,759
19 years$66,163$54,126$43,975$35,511$28,524$17,966
20 years$62,196$50,297$40,358$32,162$25,478$15,575
21 years$58,611$46,849$37,122$29,189$22,800$13,522
22 years$55,357$43,732$34,214$26,539$20,437$11,753
23 years$52,390$40,902$31,590$24,170$18,346$10,228
24 years$49,675$38,322$29,216$22,044$16,489$8,908
25 years$47,180$35,964$27,059$20,132$14,838$7,765
26 years$44,881$33,800$25,096$18,408$13,365$6,773
27 years$42,756$31,810$23,304$16,849$12,050$5,912
28 years$40,787$29,974$21,664$15,437$10,873$5,163
29 years$38,956$28,277$20,160$14,156$9,818$4,510
30 years$37,251$26,705$18,779$12,992$8,871$3,942
31 years$35,659$25,245$17,507$11,932$8,020$3,447
32 years$34,169$23,887$16,334$10,966$7,255$3,014
33 years$32,773$22,621$15,251$10,084$6,566$2,637
34 years$31,461$21,440$14,250$9,278$5,945$2,307
35 years$30,227$20,335$13,323$8,541$5,384$2,019
36 years$29,065$19,301$12,463$7,866$4,878$1,768
37 years$27,967$18,332$11,665$7,248$4,421$1,548
38 years$26,930$17,422$10,924$6,680$4,008$1,355
39 years$25,949$16,566$10,235$6,160$3,635$1,187
40 years$25,019$15,761$9,593$5,681$3,297$1,039
41 years$24,137$15,003$8,995$5,242$2,991$910
42 years$23,299$14,289$8,438$4,838$2,714$797
43 years$22,502$13,614$7,918$4,466$2,463$698
44 years$21,743$12,977$7,432$4,123$2,236$612
45 years$21,020$12,375$6,978$3,808$2,030$536
46 years$20,331$11,805$6,554$3,517$1,843$470
47 years$19,673$11,266$6,158$3,250$1,674$412
48 years$19,044$10,755$5,786$3,003$1,520$361
49 years$18,443$10,270$5,439$2,775$1,380$316
50 years$17,867$9,810$5,113$2,565$1,254$277

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,300,000, adding $3,298 every year, while hoping to spend $55,383 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: 66/9/25 Blend
50$18,300,000$18,300,000$18,300,000$18,300,000
51$20,170,002$19,200,102$18,916,452$21,369,993
52$22,168,415$20,081,980$19,491,226$23,060,237
53$24,368,810$21,005,214$20,083,399$24,900,942
54$26,791,731$21,971,771$20,693,495$26,912,221
55$29,459,814$22,983,715$21,322,054$29,110,871
56$32,398,005$24,043,207$21,969,632$31,515,384
57$35,633,790$25,152,512$22,636,804$34,146,113
58$39,197,458$26,314,006$23,324,157$37,025,465
59$43,122,384$27,530,178$24,032,302$40,178,107
60$47,445,345$28,803,635$24,761,863$43,631,196
61$52,206,871$30,137,113$25,513,485$47,414,633
62$57,451,617$31,533,478$26,287,833$51,561,342
63$63,228,797$32,995,733$27,085,590$56,107,575
64$69,592,639$34,527,028$27,907,461$61,093,254
65$76,602,899$36,130,663$28,754,172$66,562,340
66$84,325,427$37,810,099$29,626,470$72,563,247
67$92,832,788$39,568,961$30,525,124$79,149,295
68$102,204,944$41,411,052$31,450,928$86,379,204
69$112,530,012$43,340,357$32,404,697$94,317,652
70$123,905,091$45,361,052$33,387,272$103,035,873
71$136,437,184$47,477,518$34,399,520$112,612,331
72$150,244,205$49,694,344$35,442,332$123,133,448
73$165,456,091$52,016,343$36,516,626$134,694,424
74$182,216,028$54,448,561$37,623,349$147,400,122
75$200,681,807$56,996,284$38,763,475$161,366,057
76$221,027,307$59,665,058$39,938,008$176,719,478
77$243,444,141$62,460,694$41,147,979$193,600,565
78$268,143,461$65,389,286$42,394,454$212,163,744
79$295,357,954$68,457,221$43,678,529$232,579,139
80$325,344,038$71,671,197$45,001,332$255,034,171
81$358,384,278$75,038,234$46,364,025$279,735,321
82$394,790,060$78,565,694$47,767,806$306,910,070
83$434,904,526$82,261,292$49,213,907$336,809,037
84$479,105,812$86,133,120$50,703,597$369,708,343
85$527,810,621$90,189,659$52,238,184$405,912,204
86$581,478,156$94,439,804$53,819,014$445,755,792
87$640,614,451$98,892,877$55,447,475$489,608,397
88$705,777,152$103,558,655$57,124,992$537,876,897
89$777,580,779$108,447,387$58,853,037$591,009,595
90$856,702,529$113,569,819$60,633,124$649,500,433
91$943,888,665$118,937,218$62,466,812$713,893,652
92$1,039,961,565$124,561,398$64,355,706$784,788,914
93$1,145,827,483$130,454,745$66,301,461$862,846,953
94$1,262,485,105$136,630,246$68,305,778$948,795,799
95$1,391,034,975$143,101,518$70,370,411$1,043,437,640
96$1,532,689,888$149,882,838$72,497,166$1,147,656,380
97$1,688,786,337$156,989,177$74,687,901$1,262,425,972
98$1,860,797,130$164,436,233$76,944,532$1,388,819,595
99$2,050,345,292$172,240,464$79,269,029$1,528,019,774
100$2,259,219,393$180,419,128$81,663,423$1,681,329,523