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%17.3%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,415,959
2 years$748,117$734,184$720,681$707,589$694,889$651,615
3 years$493,791$479,798$466,328$453,359$440,866$398,982
4 years$366,652$352,702$339,368$326,620$314,430$274,257
5 years$290,389$276,523$263,363$250,875$239,024$200,672
6 years$239,564$225,802$212,837$200,627$189,132$152,635
7 years$203,274$189,628$176,868$164,946$153,815$119,172
8 years$176,069$162,546$149,998$138,369$127,604$94,794
9 years$154,921$141,526$129,193$117,860$107,461$76,450
10 years$138,012$124,748$112,634$101,597$91,562$62,307
11 years$124,187$111,056$99,161$88,419$78,747$51,197
12 years$112,674$99,678$88,003$77,556$68,240$42,341
13 years$102,940$90,079$78,625$68,470$59,507$35,199
14 years$94,604$81,880$70,645$60,780$52,163$29,385
15 years$87,386$74,799$63,783$54,205$45,929$24,616
16 years$81,076$68,626$57,828$48,535$40,592$20,679
17 years$75,514$63,202$52,621$43,608$35,992$17,412
18 years$70,576$58,402$48,037$39,300$32,002$14,690
19 years$66,163$54,126$43,975$35,511$28,524$12,414
20 years$62,196$50,297$40,358$32,162$25,478$10,504
21 years$58,611$46,849$37,122$29,189$22,800$8,899
22 years$55,357$43,732$34,214$26,539$20,437$7,546
23 years$52,390$40,902$31,590$24,170$18,346$6,404
24 years$49,675$38,322$29,216$22,044$16,489$5,439
25 years$47,180$35,964$27,059$20,132$14,838$4,621
26 years$44,881$33,800$25,096$18,408$13,365$3,929
27 years$42,756$31,810$23,304$16,849$12,050$3,341
28 years$40,787$29,974$21,664$15,437$10,873$2,843
29 years$38,956$28,277$20,160$14,156$9,818$2,419
30 years$37,251$26,705$18,779$12,992$8,871$2,060
31 years$35,659$25,245$17,507$11,932$8,020$1,754
32 years$34,169$23,887$16,334$10,966$7,255$1,493
33 years$32,773$22,621$15,251$10,084$6,566$1,272
34 years$31,461$21,440$14,250$9,278$5,945$1,084
35 years$30,227$20,335$13,323$8,541$5,384$923
36 years$29,065$19,301$12,463$7,866$4,878$787
37 years$27,967$18,332$11,665$7,248$4,421$670
38 years$26,930$17,422$10,924$6,680$4,008$571
39 years$25,949$16,566$10,235$6,160$3,635$487
40 years$25,019$15,761$9,593$5,681$3,297$415
41 years$24,137$15,003$8,995$5,242$2,991$354
42 years$23,299$14,289$8,438$4,838$2,714$301
43 years$22,502$13,614$7,918$4,466$2,463$257
44 years$21,743$12,977$7,432$4,123$2,236$219
45 years$21,020$12,375$6,978$3,808$2,030$187
46 years$20,331$11,805$6,554$3,517$1,843$159
47 years$19,673$11,266$6,158$3,250$1,674$136
48 years$19,044$10,755$5,786$3,003$1,520$116
49 years$18,443$10,270$5,439$2,775$1,380$99
50 years$17,867$9,810$5,113$2,565$1,254$84

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 $4,888 every year, while hoping to spend $43,896 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: 30/46/24 Blend
50$18,300,000$18,300,000$18,300,000$18,300,000
51$20,171,642$19,201,742$18,918,092$20,626,488
52$22,182,444$20,095,922$19,505,143$21,871,516
53$24,396,878$21,032,446$20,110,389$23,205,733
54$26,835,665$22,013,342$20,734,393$24,640,188
55$29,521,644$23,040,737$21,377,736$26,183,603
56$32,479,978$24,116,859$22,041,017$27,845,519
57$35,738,396$25,244,046$22,724,852$29,636,385
58$39,327,456$26,424,747$23,429,877$31,567,643
59$43,280,827$27,661,530$24,156,748$33,651,826
60$47,635,614$28,957,088$24,906,142$35,902,669
61$52,432,703$30,314,243$25,678,755$38,335,222
62$57,717,151$31,735,953$26,475,306$40,965,988
63$63,538,607$33,225,321$27,296,534$43,813,061
64$69,951,782$34,785,598$28,143,205$46,896,288
65$77,016,966$36,420,195$29,016,105$50,237,440
66$84,800,597$38,132,684$29,916,045$53,860,410
67$93,375,887$39,926,815$30,843,861$57,791,415
68$102,823,514$41,806,516$31,800,417$62,059,239
69$113,232,382$43,775,905$32,786,602$66,695,481
70$124,700,463$45,839,302$33,803,330$71,734,842
71$137,335,717$48,001,234$34,851,548$77,215,433
72$151,257,114$50,266,449$35,932,229$83,179,118
73$166,595,758$52,639,924$37,046,378$89,671,891
74$183,496,123$55,126,877$38,195,028$96,744,290
75$202,117,413$57,732,780$39,379,248$104,451,853
76$222,635,073$60,463,370$40,600,137$112,855,623
77$245,242,438$63,324,663$41,858,828$122,022,701
78$270,152,559$66,322,963$43,156,491$132,026,855
79$297,600,217$69,464,886$44,494,331$142,949,193
80$327,844,137$72,757,363$45,873,589$154,878,904
81$361,169,431$76,207,666$47,295,547$167,914,073
82$397,890,289$79,823,418$48,761,523$182,162,575
83$438,352,944$83,612,611$50,272,880$197,743,071
84$482,938,942$87,583,626$51,831,019$214,786,092
85$532,068,743$91,745,253$53,437,387$233,435,242
86$586,205,689$96,106,704$55,093,473$253,848,517
87$645,860,380$100,677,644$56,800,816$276,199,767
88$711,595,494$105,468,204$58,560,999$300,680,295
89$784,031,097$110,489,008$60,375,654$327,500,626
90$863,850,496$115,751,197$62,246,466$356,892,455
91$951,806,693$121,266,451$64,175,169$389,110,793
92$1,048,729,490$127,047,022$66,163,552$424,436,327
93$1,155,533,326$133,105,754$68,213,459$463,178,025
94$1,273,225,906$139,456,117$70,326,790$505,676,009
95$1,402,917,717$146,112,236$72,505,507$552,304,705
96$1,545,832,511$153,088,921$74,751,627$603,476,334
97$1,703,318,854$160,401,706$77,067,234$659,644,746
98$1,876,862,864$168,066,877$79,454,473$721,309,641
99$2,068,102,236$176,101,514$81,915,558$789,021,234
100$2,278,841,705$184,523,528$84,452,769$863,385,377