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%11.3%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,451,288
2 years$748,117$734,184$720,681$707,589$694,889$686,838
3 years$493,791$479,798$466,328$453,359$440,866$432,992
4 years$366,652$352,702$339,368$326,620$314,430$306,793
5 years$290,389$276,523$263,363$250,875$239,024$231,648
6 years$239,564$225,802$212,837$200,627$189,132$182,025
7 years$203,274$189,628$176,868$164,946$153,815$146,981
8 years$176,069$162,546$149,998$138,369$127,604$121,044
9 years$154,921$141,526$129,193$117,860$107,461$101,173
10 years$138,012$124,748$112,634$101,597$91,562$85,543
11 years$124,187$111,056$99,161$88,419$78,747$72,993
12 years$112,674$99,678$88,003$77,556$68,240$62,747
13 years$102,940$90,079$78,625$68,470$59,507$54,268
14 years$94,604$81,880$70,645$60,780$52,163$47,173
15 years$87,386$74,799$63,783$54,205$45,929$41,181
16 years$81,076$68,626$57,828$48,535$40,592$36,080
17 years$75,514$63,202$52,621$43,608$35,992$31,709
18 years$70,576$58,402$48,037$39,300$32,002$27,941
19 years$66,163$54,126$43,975$35,511$28,524$24,678
20 years$62,196$50,297$40,358$32,162$25,478$21,838
21 years$58,611$46,849$37,122$29,189$22,800$19,360
22 years$55,357$43,732$34,214$26,539$20,437$17,188
23 years$52,390$40,902$31,590$24,170$18,346$15,280
24 years$49,675$38,322$29,216$22,044$16,489$13,600
25 years$47,180$35,964$27,059$20,132$14,838$12,117
26 years$44,881$33,800$25,096$18,408$13,365$10,806
27 years$42,756$31,810$23,304$16,849$12,050$9,645
28 years$40,787$29,974$21,664$15,437$10,873$8,614
29 years$38,956$28,277$20,160$14,156$9,818$7,698
30 years$37,251$26,705$18,779$12,992$8,871$6,884
31 years$35,659$25,245$17,507$11,932$8,020$6,159
32 years$34,169$23,887$16,334$10,966$7,255$5,512
33 years$32,773$22,621$15,251$10,084$6,566$4,936
34 years$31,461$21,440$14,250$9,278$5,945$4,421
35 years$30,227$20,335$13,323$8,541$5,384$3,962
36 years$29,065$19,301$12,463$7,866$4,878$3,551
37 years$27,967$18,332$11,665$7,248$4,421$3,183
38 years$26,930$17,422$10,924$6,680$4,008$2,854
39 years$25,949$16,566$10,235$6,160$3,635$2,560
40 years$25,019$15,761$9,593$5,681$3,297$2,296
41 years$24,137$15,003$8,995$5,242$2,991$2,060
42 years$23,299$14,289$8,438$4,838$2,714$1,849
43 years$22,502$13,614$7,918$4,466$2,463$1,659
44 years$21,743$12,977$7,432$4,123$2,236$1,489
45 years$21,020$12,375$6,978$3,808$2,030$1,337
46 years$20,331$11,805$6,554$3,517$1,843$1,200
47 years$19,673$11,266$6,158$3,250$1,674$1,077
48 years$19,044$10,755$5,786$3,003$1,520$967
49 years$18,443$10,270$5,439$2,775$1,380$869
50 years$17,867$9,810$5,113$2,565$1,254$780

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 $2,019 every year, while hoping to spend $27,457 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: 79/13/8 Blend
50$18,300,000$18,300,000$18,300,000$18,300,000
51$20,168,683$19,198,783$18,915,133$21,740,306
52$22,196,674$20,110,309$19,519,576$23,682,920
53$24,430,601$21,065,580$20,143,347$25,809,658
54$26,891,438$22,066,710$20,787,066$28,141,846
55$29,602,303$23,115,916$21,451,370$30,699,963
56$32,588,665$24,215,523$22,136,918$33,506,555
57$35,878,594$25,367,969$22,844,390$36,586,448
58$39,503,022$26,575,811$23,574,488$39,966,977
59$43,496,033$27,841,728$24,327,936$43,678,240
60$47,895,187$29,168,532$25,105,481$47,753,382
61$52,741,876$30,559,170$25,907,895$52,228,903
62$58,081,711$32,016,732$26,735,972$57,144,998
63$63,964,953$33,544,461$27,590,536$62,545,936
64$70,446,993$35,145,753$28,472,433$68,480,469
65$77,588,865$36,824,174$29,382,538$75,002,293
66$85,457,831$38,583,460$30,321,755$82,170,549
67$94,128,010$40,427,531$31,291,015$90,050,376
68$103,681,083$42,360,495$32,291,279$98,713,522
69$114,207,058$44,386,664$33,323,541$108,239,016
70$125,805,123$46,510,555$34,388,825$118,713,912
71$138,584,582$48,736,910$35,488,188$130,234,101
72$152,665,887$51,070,696$36,622,720$142,905,214
73$168,181,775$53,517,127$37,793,548$156,843,613
74$185,278,517$56,081,668$39,001,833$172,177,481
75$204,117,307$58,770,051$40,248,776$189,048,030
76$224,875,776$61,588,286$41,535,613$207,610,824
77$247,749,671$64,542,678$42,863,622$228,037,243
78$272,954,705$67,639,837$44,234,121$250,516,094
79$300,728,592$70,886,696$45,648,471$275,255,381
80$331,333,289$74,290,525$47,108,075$302,484,269
81$365,057,472$77,858,948$48,614,383$332,455,232
82$402,219,259$81,599,962$50,168,891$365,446,433
83$443,169,216$85,521,952$51,773,141$401,764,336
84$488,293,661$89,633,713$53,428,726$441,746,596
85$538,018,317$93,944,468$55,137,291$485,765,232
86$592,812,328$98,463,889$56,900,533$534,230,129
87$653,192,685$103,202,120$58,720,201$587,592,900
88$719,729,115$108,169,799$60,598,103$646,351,137
89$793,049,450$113,378,084$62,536,104$711,053,093
90$873,845,559$118,838,676$64,536,130$782,302,853
91$962,879,882$124,563,847$66,600,166$860,766,018
92$1,060,992,621$130,566,466$68,730,262$947,175,976
93$1,169,109,677$136,860,032$70,928,535$1,042,340,815
94$1,288,251,391$143,458,701$73,197,168$1,147,150,934
95$1,419,542,174$150,377,319$75,538,414$1,262,587,433
96$1,564,221,126$157,631,457$77,954,601$1,389,731,365
97$1,723,653,728$165,237,446$80,448,128$1,529,773,916
98$1,899,344,740$173,212,413$83,021,472$1,684,027,641
99$2,092,952,403$181,574,320$85,677,191$1,853,938,832
100$2,306,304,095$190,342,008$88,417,923$2,041,101,155