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%11.1%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,460,445
2 years$752,205$738,196$724,619$711,455$698,687$691,826
3 years$496,489$482,419$468,877$455,836$443,275$436,563
4 years$368,656$354,629$341,222$328,404$316,148$309,636
5 years$291,976$278,034$264,802$252,246$240,331$234,038
6 years$240,873$227,035$214,000$201,723$190,165$184,101
7 years$204,385$190,664$177,835$165,848$154,655$148,821
8 years$177,031$163,434$150,818$139,126$128,302$122,699
9 years$155,768$142,299$129,899$118,504$108,048$102,675
10 years$138,767$125,430$113,249$102,152$92,063$86,917
11 years$124,866$111,663$99,703$88,903$79,177$74,255
12 years$113,290$100,222$88,484$77,980$68,613$63,912
13 years$103,503$90,572$79,054$68,844$59,832$55,346
14 years$95,121$82,327$71,031$61,112$52,448$48,173
15 years$87,863$75,207$64,131$54,501$46,180$42,110
16 years$81,519$69,001$58,144$48,800$40,814$36,944
17 years$75,927$63,548$52,909$43,846$36,188$32,513
18 years$70,962$58,721$48,299$39,514$32,177$28,689
19 years$66,524$54,422$44,216$35,705$28,680$25,374
20 years$62,536$50,571$40,579$32,337$25,617$22,488
21 years$58,932$47,105$37,325$29,348$22,925$19,964
22 years$55,660$43,971$34,400$26,684$20,549$17,751
23 years$52,677$41,125$31,763$24,302$18,446$15,805
24 years$49,946$38,532$29,375$22,165$16,580$14,088
25 years$47,438$36,160$27,207$20,242$14,919$12,572
26 years$45,127$33,985$25,233$18,508$13,439$11,229
27 years$42,990$31,984$23,431$16,941$12,116$10,037
28 years$41,010$30,138$21,783$15,522$10,932$8,979
29 years$39,169$28,432$20,270$14,234$9,872$8,037
30 years$37,454$26,851$18,881$13,063$8,920$7,199
31 years$35,854$25,383$17,602$11,997$8,064$6,451
32 years$34,356$24,017$16,423$11,026$7,295$5,783
33 years$32,952$22,745$15,335$10,139$6,602$5,187
34 years$31,633$21,557$14,328$9,329$5,977$4,654
35 years$30,392$20,446$13,395$8,588$5,414$4,177
36 years$29,223$19,407$12,531$7,909$4,905$3,750
37 years$28,120$18,432$11,729$7,287$4,446$3,368
38 years$27,078$17,517$10,984$6,717$4,030$3,025
39 years$26,091$16,657$10,290$6,193$3,655$2,718
40 years$25,156$15,848$9,645$5,712$3,315$2,442
41 years$24,269$15,085$9,044$5,270$3,008$2,195
42 years$23,426$14,367$8,484$4,864$2,729$1,973
43 years$22,625$13,689$7,961$4,490$2,477$1,773
44 years$21,862$13,048$7,473$4,146$2,248$1,595
45 years$21,135$12,443$7,017$3,829$2,041$1,434
46 years$20,442$11,870$6,590$3,537$1,853$1,289
47 years$19,780$11,327$6,191$3,267$1,683$1,160
48 years$19,148$10,813$5,818$3,019$1,528$1,043
49 years$18,543$10,326$5,469$2,790$1,388$938
50 years$17,965$9,864$5,141$2,579$1,261$844

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 $4,741 every year, while hoping to spend $58,047 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: 71/20/9 Blend
50$18,400,000$18,400,000$18,400,000$18,400,000
51$20,281,690$19,306,490$19,021,290$21,688,150
52$22,288,661$20,190,747$19,596,742$23,503,168
53$24,498,398$21,116,386$20,189,526$25,481,613
54$26,931,520$22,085,375$20,800,161$27,645,600
55$29,610,752$23,099,775$21,429,183$30,013,390
56$32,561,129$24,161,745$22,077,141$32,605,078
57$35,810,243$25,273,549$22,744,604$35,442,778
58$39,388,495$26,437,560$23,432,155$38,550,829
59$43,329,384$27,656,264$24,140,396$41,956,021
60$47,669,828$28,932,267$24,869,945$45,687,841
61$52,450,503$30,268,300$25,621,441$49,778,749
62$57,716,235$31,667,228$26,395,540$54,264,481
63$63,516,419$33,132,050$27,192,919$59,184,375
64$69,905,485$34,665,912$28,014,273$64,581,744
65$76,943,414$36,272,111$28,860,320$70,504,276
66$84,696,299$37,954,102$29,731,798$77,004,479
67$93,236,976$39,715,506$30,629,467$84,140,170
68$102,645,703$41,560,122$31,554,111$91,975,017
69$113,010,926$43,491,929$32,506,534$100,579,129
70$124,430,105$45,515,098$33,487,567$110,029,716
71$137,010,640$47,634,002$34,498,065$120,411,806
72$150,870,882$49,853,226$35,538,908$131,819,043
73$166,141,252$52,177,574$36,611,001$144,354,563
74$182,965,468$54,612,083$37,715,278$158,131,958
75$201,501,906$57,162,035$38,852,699$173,276,343
76$221,925,089$59,832,964$40,024,254$189,925,521
77$244,427,342$62,630,673$41,230,960$208,231,284
78$269,220,600$65,561,245$42,473,867$228,360,828
79$296,538,413$68,631,058$43,754,053$250,498,327
80$326,638,149$71,846,797$45,072,631$274,846,654
81$359,803,421$75,215,471$46,430,745$301,629,295
82$396,346,769$78,744,428$47,829,574$331,092,435
83$436,612,605$82,441,371$49,270,331$363,507,282
84$480,980,468$86,314,375$50,754,264$399,172,604
85$529,868,605$90,371,909$52,282,661$438,417,541
86$583,737,917$94,622,847$53,856,845$481,604,700
87$643,096,315$99,076,497$55,478,180$529,133,558
88$708,503,510$103,742,615$57,148,069$581,444,222
89$780,576,296$108,631,432$58,867,957$639,021,567
90$859,994,377$113,753,671$60,639,333$702,399,795
91$947,506,781$119,120,578$62,463,728$772,167,462
92$1,043,938,928$124,743,943$64,342,719$848,973,015
93$1,150,200,428$130,636,125$66,277,929$933,530,894
94$1,267,293,663$136,810,086$68,271,031$1,026,628,260
95$1,396,323,250$143,279,414$70,323,744$1,129,132,397
96$1,538,506,473$150,058,356$72,437,840$1,241,998,889
97$1,695,184,769$157,161,852$74,615,144$1,366,280,605
98$1,867,836,396$164,605,563$76,857,532$1,503,137,628
99$2,058,090,387$172,405,915$79,166,938$1,653,848,169
100$2,267,741,928$180,580,126$81,545,352$1,819,820,618