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

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,457,995
2 years$752,205$738,196$724,619$711,455$698,687$689,359
3 years$496,489$482,419$468,877$455,836$443,275$434,156
4 years$368,656$354,629$341,222$328,404$316,148$307,307
5 years$291,976$278,034$264,802$252,246$240,331$231,795
6 years$240,873$227,035$214,000$201,723$190,165$181,945
7 years$204,385$190,664$177,835$165,848$154,655$146,755
8 years$177,031$163,434$150,818$139,126$128,302$120,721
9 years$155,768$142,299$129,899$118,504$108,048$100,785
10 years$138,767$125,430$113,249$102,152$92,063$85,114
11 years$124,866$111,663$99,703$88,903$79,177$72,537
12 years$113,290$100,222$88,484$77,980$68,613$62,277
13 years$103,503$90,572$79,054$68,844$59,832$53,793
14 years$95,121$82,327$71,031$61,112$52,448$46,700
15 years$87,863$75,207$64,131$54,501$46,180$40,714
16 years$81,519$69,001$58,144$48,800$40,814$35,622
17 years$75,927$63,548$52,909$43,846$36,188$31,263
18 years$70,962$58,721$48,299$39,514$32,177$27,510
19 years$66,524$54,422$44,216$35,705$28,680$24,262
20 years$62,536$50,571$40,579$32,337$25,617$21,440
21 years$58,932$47,105$37,325$29,348$22,925$18,978
22 years$55,660$43,971$34,400$26,684$20,549$16,824
23 years$52,677$41,125$31,763$24,302$18,446$14,934
24 years$49,946$38,532$29,375$22,165$16,580$13,272
25 years$47,438$36,160$27,207$20,242$14,919$11,807
26 years$45,127$33,985$25,233$18,508$13,439$10,513
27 years$42,990$31,984$23,431$16,941$12,116$9,368
28 years$41,010$30,138$21,783$15,522$10,932$8,354
29 years$39,169$28,432$20,270$14,234$9,872$7,454
30 years$37,454$26,851$18,881$13,063$8,920$6,654
31 years$35,854$25,383$17,602$11,997$8,064$5,944
32 years$34,356$24,017$16,423$11,026$7,295$5,311
33 years$32,952$22,745$15,335$10,139$6,602$4,748
34 years$31,633$21,557$14,328$9,329$5,977$4,246
35 years$30,392$20,446$13,395$8,588$5,414$3,798
36 years$29,223$19,407$12,531$7,909$4,905$3,398
37 years$28,120$18,432$11,729$7,287$4,446$3,042
38 years$27,078$17,517$10,984$6,717$4,030$2,723
39 years$26,091$16,657$10,290$6,193$3,655$2,438
40 years$25,156$15,848$9,645$5,712$3,315$2,183
41 years$24,269$15,085$9,044$5,270$3,008$1,955
42 years$23,426$14,367$8,484$4,864$2,729$1,752
43 years$22,625$13,689$7,961$4,490$2,477$1,569
44 years$21,862$13,048$7,473$4,146$2,248$1,406
45 years$21,135$12,443$7,017$3,829$2,041$1,260
46 years$20,442$11,870$6,590$3,537$1,853$1,129
47 years$19,780$11,327$6,191$3,267$1,683$1,012
48 years$19,148$10,813$5,818$3,019$1,528$907
49 years$18,543$10,326$5,469$2,790$1,388$813
50 years$17,965$9,864$5,141$2,579$1,261$729

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 $2,062 every year, while hoping to spend $40,424 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: 27/46/27 Blend
50$18,400,000$18,400,000$18,400,000$18,400,000
51$20,278,927$19,303,727$19,018,527$20,655,511
52$22,304,367$20,206,599$19,612,637$21,862,285
53$24,535,046$21,152,356$20,225,294$23,153,406
54$26,991,858$22,143,059$20,857,079$24,538,838
55$29,697,823$23,180,864$21,508,586$26,026,639
56$32,678,309$24,268,035$22,180,432$27,625,619
57$35,961,271$25,406,943$22,873,251$29,345,419
58$39,577,513$26,600,075$23,587,697$31,196,586
59$43,560,980$27,850,040$24,324,446$33,190,667
60$47,949,077$29,159,569$25,084,192$35,340,304
61$52,783,024$30,531,528$25,867,653$37,659,346
62$58,108,242$31,968,923$26,675,569$40,162,962
63$63,974,785$33,474,902$27,508,703$42,867,780
64$70,437,809$35,052,769$28,367,841$45,792,023
65$77,558,097$36,705,986$29,253,795$48,955,673
66$85,402,626$38,438,182$30,167,400$52,380,646
67$94,045,206$40,253,165$31,109,520$56,090,978
68$103,567,171$42,154,924$32,081,043$60,113,045
69$114,058,151$44,147,645$33,082,887$64,475,789
70$125,616,916$46,235,713$34,115,997$69,210,981
71$138,352,308$48,423,729$35,181,349$74,353,495
72$152,384,266$50,716,515$36,279,947$79,941,628
73$167,844,966$53,119,128$37,412,830$86,017,436
74$184,880,058$55,636,871$38,581,065$92,627,113
75$203,650,049$58,275,303$39,785,756$99,821,406
76$224,331,814$61,040,253$41,028,039$107,656,074
77$247,120,268$63,937,834$42,309,087$116,192,388
78$272,230,201$66,974,454$43,630,108$125,497,686
79$299,898,314$70,156,834$44,992,348$135,645,988
80$330,385,444$73,492,021$46,397,094$146,718,662
81$363,979,032$76,987,403$47,845,669$158,805,168
82$400,995,836$80,650,728$49,339,442$172,003,876
83$441,784,918$84,490,121$50,879,821$186,422,958
84$486,730,944$88,514,101$52,468,258$202,181,385
85$536,257,809$92,731,601$54,106,254$219,410,012
86$590,832,644$97,151,988$55,795,352$238,252,779
87$650,970,223$101,785,085$57,537,146$258,868,037
88$717,237,824$106,641,192$59,333,278$281,430,004
89$790,260,582$111,731,110$61,185,443$306,130,367
90$870,727,393$117,066,166$63,095,387$333,180,052
91$959,397,416$122,658,237$65,064,911$362,811,175
92$1,057,107,240$128,519,779$67,095,873$395,279,183
93$1,164,778,782$134,663,851$69,190,188$430,865,219
94$1,283,427,989$141,104,151$71,349,831$469,878,730
95$1,414,174,431$147,855,041$73,576,837$512,660,330
96$1,558,251,868$154,931,584$75,873,307$559,584,968
97$1,717,019,902$162,349,574$78,241,405$611,065,406
98$1,891,976,804$170,125,576$80,683,365$667,556,054
99$2,084,773,668$178,276,959$83,201,488$729,557,205
100$2,297,229,992$186,821,940$85,798,147$797,619,683