Can I retire at age 51 with 18,400,000?

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,456,165
2 years$752,205$738,196$724,619$711,455$698,687$687,519
3 years$496,489$482,419$468,877$455,836$443,275$432,363
4 years$368,656$354,629$341,222$328,404$316,148$305,574
5 years$291,976$278,034$264,802$252,246$240,331$230,127
6 years$240,873$227,035$214,000$201,723$190,165$180,345
7 years$204,385$190,664$177,835$165,848$154,655$145,223
8 years$177,031$163,434$150,818$139,126$128,302$119,257
9 years$155,768$142,299$129,899$118,504$108,048$99,390
10 years$138,767$125,430$113,249$102,152$92,063$83,784
11 years$124,866$111,663$99,703$88,903$79,177$71,273
12 years$113,290$100,222$88,484$77,980$68,613$61,077
13 years$103,503$90,572$79,054$68,844$59,832$52,655
14 years$95,121$82,327$71,031$61,112$52,448$45,622
15 years$87,863$75,207$64,131$54,501$46,180$39,694
16 years$81,519$69,001$58,144$48,800$40,814$34,660
17 years$75,927$63,548$52,909$43,846$36,188$30,355
18 years$70,962$58,721$48,299$39,514$32,177$26,654
19 years$66,524$54,422$44,216$35,705$28,680$23,457
20 years$62,536$50,571$40,579$32,337$25,617$20,683
21 years$58,932$47,105$37,325$29,348$22,925$18,268
22 years$55,660$43,971$34,400$26,684$20,549$16,159
23 years$52,677$41,125$31,763$24,302$18,446$14,311
24 years$49,946$38,532$29,375$22,165$16,580$12,689
25 years$47,438$36,160$27,207$20,242$14,919$11,262
26 years$45,127$33,985$25,233$18,508$13,439$10,004
27 years$42,990$31,984$23,431$16,941$12,116$8,894
28 years$41,010$30,138$21,783$15,522$10,932$7,912
29 years$39,169$28,432$20,270$14,234$9,872$7,042
30 years$37,454$26,851$18,881$13,063$8,920$6,272
31 years$35,854$25,383$17,602$11,997$8,064$5,589
32 years$34,356$24,017$16,423$11,026$7,295$4,982
33 years$32,952$22,745$15,335$10,139$6,602$4,442
34 years$31,633$21,557$14,328$9,329$5,977$3,963
35 years$30,392$20,446$13,395$8,588$5,414$3,536
36 years$29,223$19,407$12,531$7,909$4,905$3,156
37 years$28,120$18,432$11,729$7,287$4,446$2,817
38 years$27,078$17,517$10,984$6,717$4,030$2,515
39 years$26,091$16,657$10,290$6,193$3,655$2,246
40 years$25,156$15,848$9,645$5,712$3,315$2,007
41 years$24,269$15,085$9,044$5,270$3,008$1,793
42 years$23,426$14,367$8,484$4,864$2,729$1,602
43 years$22,625$13,689$7,961$4,490$2,477$1,431
44 years$21,862$13,048$7,473$4,146$2,248$1,279
45 years$21,135$12,443$7,017$3,829$2,041$1,143
46 years$20,442$11,870$6,590$3,537$1,853$1,022
47 years$19,780$11,327$6,191$3,267$1,683$913
48 years$19,148$10,813$5,818$3,019$1,528$816
49 years$18,543$10,326$5,469$2,790$1,388$730
50 years$17,965$9,864$5,141$2,579$1,261$653

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,400,000, adding $2,151 every year, while hoping to spend $52,918 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: 48/44/8 Blend
50$18,400,000$18,400,000$18,400,000$18,400,000
51$20,279,019$19,303,819$19,018,619$21,208,957
52$22,291,174$20,193,402$19,599,438$22,736,209
53$24,506,796$21,124,800$20,197,941$24,387,695
54$26,946,582$22,100,008$20,814,665$26,179,485
55$29,633,339$23,121,114$21,450,162$28,124,655
56$32,592,198$24,190,308$22,105,001$30,237,555
57$35,850,854$25,309,884$22,779,770$32,533,942
58$39,439,821$26,482,248$23,475,072$35,031,118
59$43,392,727$27,709,922$24,191,531$37,748,085
60$47,746,625$28,995,549$24,929,787$40,705,717
61$52,542,348$30,341,897$25,690,502$43,926,946
62$57,824,890$31,751,873$26,474,357$47,436,968
63$63,643,832$33,228,519$27,282,052$51,263,474
64$70,053,812$34,775,025$28,114,310$55,436,896
65$77,115,037$36,394,738$28,971,875$59,990,688
66$84,893,853$38,091,161$29,855,515$64,961,625
67$93,463,370$39,867,972$30,766,018$70,390,142
68$102,904,153$41,729,022$31,704,199$76,320,701
69$113,304,983$43,678,351$32,670,897$82,802,196
70$124,763,693$45,720,192$33,666,973$89,888,403
71$137,388,092$47,858,983$34,693,319$97,638,471
72$151,296,982$50,099,378$35,750,850$106,117,465
73$166,621,281$52,446,255$36,840,510$115,396,965
74$183,505,257$54,904,726$37,963,273$125,555,724
75$202,107,889$57,480,154$39,120,138$136,680,393
76$222,604,371$60,178,159$40,312,140$148,866,322
77$245,187,760$63,004,632$41,540,340$162,218,440
78$270,070,804$65,965,751$42,805,833$176,852,222
79$297,487,945$69,067,992$44,109,749$192,894,762
80$327,697,538$72,318,146$45,453,247$210,485,950
81$360,984,283$75,723,331$46,837,527$229,779,765
82$397,661,915$79,291,010$48,263,820$250,945,708
83$438,076,170$83,029,009$49,733,397$274,170,377
84$482,608,039$86,945,530$51,247,566$299,659,195
85$531,677,374$91,049,177$52,807,675$327,638,330
86$585,746,846$95,348,966$54,415,111$358,356,793
87$645,326,313$99,854,354$56,071,306$392,088,761
88$710,977,634$104,575,255$57,777,733$429,136,135
89$783,319,974$109,522,063$59,535,907$469,831,350
90$863,035,644$114,705,677$61,347,393$514,540,482
91$950,876,549$120,137,525$63,213,800$563,666,667
92$1,047,671,282$125,829,588$65,136,787$617,653,866
93$1,154,332,945$131,794,430$67,118,062$676,991,012
94$1,271,867,772$138,045,224$69,159,384$742,216,590
95$1,401,384,627$144,595,782$71,262,565$813,923,670
96$1,544,105,471$151,460,587$73,429,473$892,765,460
97$1,701,376,899$158,654,826$75,662,030$979,461,423
98$1,874,682,851$166,194,421$77,962,217$1,074,804,019
99$2,065,658,624$174,096,070$80,332,073$1,179,666,129
100$2,276,106,307$182,377,280$82,773,701$1,295,009,242