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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.5%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,432,148
2 years$748,117$734,184$720,681$707,589$694,889$667,668
3 years$493,791$479,798$466,328$453,359$440,866$414,392
4 years$366,652$352,702$339,368$326,620$314,430$288,906
5 years$290,389$276,523$263,363$250,875$239,024$214,524
6 years$239,564$225,802$212,837$200,627$189,132$165,682
7 years$203,274$189,628$176,868$164,946$153,815$131,422
8 years$176,069$162,546$149,998$138,369$127,604$106,263
9 years$154,921$141,526$129,193$117,860$107,461$87,158
10 years$138,012$124,748$112,634$101,597$91,562$72,279
11 years$124,187$111,056$99,161$88,419$78,747$60,461
12 years$112,674$99,678$88,003$77,556$68,240$50,926
13 years$102,940$90,079$78,625$68,470$59,507$43,137
14 years$94,604$81,880$70,645$60,780$52,163$36,709
15 years$87,386$74,799$63,783$54,205$45,929$31,358
16 years$81,076$68,626$57,828$48,535$40,592$26,873
17 years$75,514$63,202$52,621$43,608$35,992$23,092
18 years$70,576$58,402$48,037$39,300$32,002$19,887
19 years$66,163$54,126$43,975$35,511$28,524$17,161
20 years$62,196$50,297$40,358$32,162$25,478$14,832
21 years$58,611$46,849$37,122$29,189$22,800$12,838
22 years$55,357$43,732$34,214$26,539$20,437$11,125
23 years$52,390$40,902$31,590$24,170$18,346$9,651
24 years$49,675$38,322$29,216$22,044$16,489$8,379
25 years$47,180$35,964$27,059$20,132$14,838$7,281
26 years$44,881$33,800$25,096$18,408$13,365$6,331
27 years$42,756$31,810$23,304$16,849$12,050$5,508
28 years$40,787$29,974$21,664$15,437$10,873$4,794
29 years$38,956$28,277$20,160$14,156$9,818$4,175
30 years$37,251$26,705$18,779$12,992$8,871$3,637
31 years$35,659$25,245$17,507$11,932$8,020$3,169
32 years$34,169$23,887$16,334$10,966$7,255$2,763
33 years$32,773$22,621$15,251$10,084$6,566$2,409
34 years$31,461$21,440$14,250$9,278$5,945$2,101
35 years$30,227$20,335$13,323$8,541$5,384$1,832
36 years$29,065$19,301$12,463$7,866$4,878$1,598
37 years$27,967$18,332$11,665$7,248$4,421$1,395
38 years$26,930$17,422$10,924$6,680$4,008$1,217
39 years$25,949$16,566$10,235$6,160$3,635$1,062
40 years$25,019$15,761$9,593$5,681$3,297$927
41 years$24,137$15,003$8,995$5,242$2,991$809
42 years$23,299$14,289$8,438$4,838$2,714$706
43 years$22,502$13,614$7,918$4,466$2,463$617
44 years$21,743$12,977$7,432$4,123$2,236$538
45 years$21,020$12,375$6,978$3,808$2,030$470
46 years$20,331$11,805$6,554$3,517$1,843$410
47 years$19,673$11,266$6,158$3,250$1,674$358
48 years$19,044$10,755$5,786$3,003$1,520$313
49 years$18,443$10,270$5,439$2,775$1,380$273
50 years$17,867$9,810$5,113$2,565$1,254$239

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 $4,627 every year, while hoping to spend $54,306 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: 51/34/15 Blend
50$18,300,000$18,300,000$18,300,000$18,300,000
51$20,171,373$19,201,473$18,917,823$21,117,496
52$22,171,072$20,084,564$19,493,789$22,650,230
53$24,372,920$21,009,106$20,087,229$24,309,592
54$26,797,479$21,977,074$20,698,673$26,112,405
55$29,467,406$22,990,535$21,328,663$28,072,226
56$32,407,669$24,051,658$21,977,760$30,203,946
57$35,645,778$25,162,716$22,646,542$32,523,928
58$39,212,048$26,326,090$23,335,602$35,050,150
59$43,139,886$27,544,278$24,045,554$37,802,374
60$47,466,102$28,819,895$24,777,027$40,802,319
61$52,231,259$30,155,684$25,530,673$44,073,861
62$57,480,056$31,554,522$26,307,159$47,643,251
63$63,261,748$33,019,420$27,107,175$51,539,354
64$69,630,613$34,553,538$27,931,432$55,793,911
65$76,646,462$36,160,187$28,780,661$60,441,832
66$84,375,203$37,842,838$29,655,615$65,521,514
67$92,889,466$39,605,130$30,557,070$71,075,194
68$102,269,285$41,450,875$31,485,826$77,149,338
69$112,602,857$43,384,072$32,442,706$83,795,066
70$123,987,369$45,408,912$33,428,557$91,068,628
71$136,529,920$47,529,789$34,444,254$99,031,918
72$150,348,531$49,751,307$35,490,695$107,753,046
73$165,573,255$52,078,296$36,568,807$117,306,974
74$182,347,411$54,515,816$37,679,546$127,776,200
75$200,828,929$57,069,173$38,823,893$139,251,531
76$221,191,848$59,743,930$40,002,861$151,832,921
77$243,627,953$62,545,920$41,217,494$165,630,399
78$268,348,588$65,481,254$42,468,864$180,765,092
79$295,586,652$68,556,343$43,758,079$197,370,351
80$325,598,794$71,777,907$45,086,278$215,592,992
81$358,667,836$75,152,990$46,454,634$235,594,661
82$395,105,447$78,688,978$47,864,355$257,553,344
83$435,255,079$82,393,614$49,316,687$281,665,024
84$479,495,213$86,275,017$50,812,912$308,145,508
85$528,242,930$90,341,699$52,354,351$337,232,446
86$581,957,849$94,602,582$53,942,362$369,187,547
87$641,146,466$99,067,025$55,578,347$404,299,025
88$706,366,932$103,744,836$57,263,748$442,884,296
89$778,234,327$108,646,301$59,000,052$485,292,946
90$857,426,463$113,782,204$60,788,788$531,910,002
91$944,690,281$119,163,851$62,631,531$583,159,539
92$1,040,848,908$124,803,098$64,529,906$639,508,650
93$1,146,809,422$130,712,375$66,485,583$701,471,823
94$1,263,571,417$136,904,715$68,500,284$769,615,767
95$1,392,236,439$143,393,784$70,575,782$844,564,722
96$1,534,018,387$150,193,911$72,713,902$927,006,317
97$1,690,254,970$157,320,120$74,916,524$1,017,698,021
98$1,862,420,335$164,788,164$77,185,586$1,117,474,255
99$2,052,138,987$172,614,562$79,523,081$1,227,254,224
100$2,261,201,123$180,816,635$81,931,064$1,348,050,551