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%16.1%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,430,611
2 years$752,205$738,196$724,619$711,455$698,687$662,013
3 years$496,489$482,419$468,877$455,836$443,275$407,707
4 years$368,656$354,629$341,222$328,404$316,148$281,957
5 years$291,976$278,034$264,802$252,246$240,331$207,613
6 years$240,873$227,035$214,000$201,723$190,165$158,954
7 years$204,385$190,664$177,835$165,848$154,655$124,953
8 years$177,031$163,434$150,818$139,126$128,302$100,095
9 years$155,768$142,299$129,899$118,504$108,048$81,314
10 years$138,767$125,430$113,249$102,152$92,063$66,769
11 years$124,866$111,663$99,703$88,903$79,177$55,288
12 years$113,290$100,222$88,484$77,980$68,613$46,087
13 years$103,503$90,572$79,054$68,844$59,832$38,624
14 years$95,121$82,327$71,031$61,112$52,448$32,512
15 years$87,863$75,207$64,131$54,501$46,180$27,466
16 years$81,519$69,001$58,144$48,800$40,814$23,272
17 years$75,927$63,548$52,909$43,846$36,188$19,768
18 years$70,962$58,721$48,299$39,514$32,177$16,826
19 years$66,524$54,422$44,216$35,705$28,680$14,348
20 years$62,536$50,571$40,579$32,337$25,617$12,252
21 years$58,932$47,105$37,325$29,348$22,925$10,476
22 years$55,660$43,971$34,400$26,684$20,549$8,967
23 years$52,677$41,125$31,763$24,302$18,446$7,682
24 years$49,946$38,532$29,375$22,165$16,580$6,586
25 years$47,438$36,160$27,207$20,242$14,919$5,650
26 years$45,127$33,985$25,233$18,508$13,439$4,850
27 years$42,990$31,984$23,431$16,941$12,116$4,165
28 years$41,010$30,138$21,783$15,522$10,932$3,579
29 years$39,169$28,432$20,270$14,234$9,872$3,076
30 years$37,454$26,851$18,881$13,063$8,920$2,644
31 years$35,854$25,383$17,602$11,997$8,064$2,274
32 years$34,356$24,017$16,423$11,026$7,295$1,956
33 years$32,952$22,745$15,335$10,139$6,602$1,683
34 years$31,633$21,557$14,328$9,329$5,977$1,448
35 years$30,392$20,446$13,395$8,588$5,414$1,246
36 years$29,223$19,407$12,531$7,909$4,905$1,073
37 years$28,120$18,432$11,729$7,287$4,446$923
38 years$27,078$17,517$10,984$6,717$4,030$795
39 years$26,091$16,657$10,290$6,193$3,655$684
40 years$25,156$15,848$9,645$5,712$3,315$589
41 years$24,269$15,085$9,044$5,270$3,008$507
42 years$23,426$14,367$8,484$4,864$2,729$437
43 years$22,625$13,689$7,961$4,490$2,477$376
44 years$21,862$13,048$7,473$4,146$2,248$324
45 years$21,135$12,443$7,017$3,829$2,041$279
46 years$20,442$11,870$6,590$3,537$1,853$240
47 years$19,780$11,327$6,191$3,267$1,683$207
48 years$19,148$10,813$5,818$3,019$1,528$178
49 years$18,543$10,326$5,469$2,790$1,388$153
50 years$17,965$9,864$5,141$2,579$1,261$132

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 $6,355 every year, while hoping to spend $44,256 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: 44/42/14 Blend
50$18,400,000$18,400,000$18,400,000$18,400,000
51$20,283,355$19,308,155$19,022,955$21,093,752
52$22,305,169$20,207,167$19,613,136$22,559,332
53$24,531,725$21,148,747$20,221,605$24,141,929
54$26,983,860$22,134,934$20,848,927$25,856,289
55$29,684,534$23,167,866$21,495,687$27,714,572
56$32,659,049$24,249,784$22,162,485$29,730,119
57$35,935,286$25,383,037$22,849,942$31,917,575
58$39,543,966$26,570,087$23,558,696$34,293,014
59$43,518,945$27,813,516$24,289,407$36,874,084
60$47,897,530$29,116,030$25,042,754$39,680,164
61$52,720,829$30,480,466$25,819,437$42,732,540
62$58,034,143$31,909,799$26,620,178$46,054,593
63$63,887,393$33,407,147$27,445,721$49,672,007
64$70,335,588$34,975,778$28,296,834$53,613,010
65$77,439,347$36,619,120$29,174,307$57,908,617
66$85,265,469$38,340,766$30,078,955$62,592,919
67$93,887,567$40,144,483$31,011,620$67,703,391
68$103,386,756$42,034,220$31,973,167$73,281,230
69$113,852,426$44,014,118$32,964,489$79,371,733
70$125,383,082$46,088,518$33,986,507$86,024,709
71$138,087,272$48,261,971$35,040,171$93,294,933
72$152,084,616$50,539,250$36,126,459$101,242,651
73$167,506,931$52,925,357$37,246,380$109,934,129
74$184,499,477$55,425,539$38,400,972$119,442,262
75$203,222,328$58,045,295$39,591,309$129,847,246
76$223,851,883$60,790,392$40,818,496$141,237,314
77$246,582,531$63,666,876$42,083,671$153,709,549
78$271,628,483$66,681,088$43,388,008$167,370,782
79$299,225,801$69,839,673$44,732,719$182,338,578
80$329,634,618$73,149,603$46,119,050$198,742,323
81$363,141,599$76,618,184$47,548,289$216,724,420
82$400,062,647$80,253,080$49,021,761$236,441,612
83$440,745,881$84,062,324$50,540,834$258,066,434
84$485,574,925$88,054,342$52,106,916$281,788,813
85$534,972,530$92,237,968$53,721,460$307,817,834
86$589,404,563$96,622,463$55,385,964$336,383,686
87$649,384,406$101,217,541$57,101,971$367,739,799
88$715,477,800$106,033,386$58,871,073$402,165,209
89$788,308,191$111,080,677$60,694,909$439,967,153
90$868,562,609$116,370,612$62,575,171$481,483,938
91$956,998,157$121,914,935$64,513,601$527,088,094
92$1,054,449,160$127,725,957$66,511,997$577,189,853
93$1,161,835,036$133,816,591$68,572,211$632,240,980
94$1,280,168,982$140,200,375$70,696,152$692,738,996
95$1,410,567,533$146,891,509$72,885,788$759,231,826
96$1,554,261,108$153,904,880$75,143,149$832,322,930
97$1,712,605,622$161,256,100$77,470,325$912,676,944
98$1,887,095,287$168,961,540$79,869,473$1,001,025,909
99$2,079,376,721$177,038,370$82,342,815$1,098,176,122
100$2,291,264,489$185,504,593$84,892,642$1,205,015,693