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%18.5%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,416,874
2 years$752,205$738,196$724,619$711,455$698,687$648,455
3 years$496,489$482,419$468,877$455,836$443,275$394,758
4 years$368,656$354,629$341,222$328,404$316,148$269,715
5 years$291,976$278,034$264,802$252,246$240,331$196,105
6 years$240,873$227,035$214,000$201,723$190,165$148,182
7 years$204,385$190,664$177,835$165,848$154,655$114,907
8 years$177,031$163,434$150,818$139,126$128,302$90,757
9 years$155,768$142,299$129,899$118,504$108,048$72,660
10 years$138,767$125,430$113,249$102,152$92,063$58,773
11 years$124,866$111,663$99,703$88,903$79,177$47,920
12 years$113,290$100,222$88,484$77,980$68,613$39,317
13 years$103,503$90,572$79,054$68,844$59,832$32,420
14 years$95,121$82,327$71,031$61,112$52,448$26,840
15 years$87,863$75,207$64,131$54,501$46,180$22,293
16 years$81,519$69,001$58,144$48,800$40,814$18,567
17 years$75,927$63,548$52,909$43,846$36,188$15,497
18 years$70,962$58,721$48,299$39,514$32,177$12,958
19 years$66,524$54,422$44,216$35,705$28,680$10,851
20 years$62,536$50,571$40,579$32,337$25,617$9,098
21 years$58,932$47,105$37,325$29,348$22,925$7,636
22 years$55,660$43,971$34,400$26,684$20,549$6,415
23 years$52,677$41,125$31,763$24,302$18,446$5,393
24 years$49,946$38,532$29,375$22,165$16,580$4,536
25 years$47,438$36,160$27,207$20,242$14,919$3,818
26 years$45,127$33,985$25,233$18,508$13,439$3,215
27 years$42,990$31,984$23,431$16,941$12,116$2,708
28 years$41,010$30,138$21,783$15,522$10,932$2,281
29 years$39,169$28,432$20,270$14,234$9,872$1,922
30 years$37,454$26,851$18,881$13,063$8,920$1,620
31 years$35,854$25,383$17,602$11,997$8,064$1,366
32 years$34,356$24,017$16,423$11,026$7,295$1,152
33 years$32,952$22,745$15,335$10,139$6,602$971
34 years$31,633$21,557$14,328$9,329$5,977$819
35 years$30,392$20,446$13,395$8,588$5,414$691
36 years$29,223$19,407$12,531$7,909$4,905$583
37 years$28,120$18,432$11,729$7,287$4,446$492
38 years$27,078$17,517$10,984$6,717$4,030$415
39 years$26,091$16,657$10,290$6,193$3,655$350
40 years$25,156$15,848$9,645$5,712$3,315$295
41 years$24,269$15,085$9,044$5,270$3,008$249
42 years$23,426$14,367$8,484$4,864$2,729$210
43 years$22,625$13,689$7,961$4,490$2,477$177
44 years$21,862$13,048$7,473$4,146$2,248$150
45 years$21,135$12,443$7,017$3,829$2,041$126
46 years$20,442$11,870$6,590$3,537$1,853$107
47 years$19,780$11,327$6,191$3,267$1,683$90
48 years$19,148$10,813$5,818$3,019$1,528$76
49 years$18,543$10,326$5,469$2,790$1,388$64
50 years$17,965$9,864$5,141$2,579$1,261$54

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 $4,756 every year, while hoping to spend $23,670 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: 74/14/12 Blend
50$18,400,000$18,400,000$18,400,000$18,400,000
51$20,281,706$19,306,506$19,021,306$21,733,278
52$22,325,255$20,227,340$19,633,335$23,613,487
53$24,576,453$21,192,502$20,265,074$25,669,455
54$27,056,455$22,204,138$20,917,157$27,921,358
55$29,788,573$23,264,500$21,590,242$30,388,619
56$32,798,496$24,375,950$22,285,004$33,092,618
57$36,114,534$25,540,962$23,002,142$36,056,891
58$39,767,881$26,762,133$23,742,378$39,307,348
59$43,792,913$28,042,187$24,506,457$42,872,514
60$48,227,514$29,383,977$25,295,146$46,783,795
61$53,113,427$30,790,499$26,109,240$51,075,773
62$58,496,654$32,264,891$26,949,557$55,786,523
63$64,427,889$33,810,446$27,816,943$60,957,973
64$70,962,993$35,430,618$28,712,271$66,636,294
65$78,163,528$37,129,028$29,636,441$72,872,329
66$86,097,329$38,909,472$30,590,384$79,722,072
67$94,839,154$40,775,933$31,575,059$87,247,189
68$104,471,382$42,732,588$32,591,457$95,515,595
69$115,084,793$44,783,815$33,640,602$104,602,091
70$126,779,429$46,934,209$34,723,549$114,589,062
71$139,665,531$49,188,586$35,841,388$125,567,253
72$153,864,586$51,551,997$36,995,245$137,636,613
73$169,510,469$54,029,740$38,186,281$150,907,239
74$186,750,710$56,627,371$39,415,695$165,500,402
75$205,747,887$59,350,716$40,684,725$181,549,691
76$226,681,156$62,205,886$41,994,648$199,202,260
77$249,747,949$65,199,290$43,346,784$218,620,216
78$275,165,833$68,337,647$44,742,494$239,982,135
79$303,174,563$71,628,008$46,183,183$263,484,745
80$334,038,351$75,077,763$47,670,302$289,344,769
81$368,048,356$78,694,666$49,205,350$317,800,965
82$405,525,430$82,486,846$50,789,871$349,116,371
83$446,823,155$86,462,833$52,425,463$383,580,772
84$492,331,172$90,631,567$54,113,772$421,513,434
85$542,478,867$95,002,430$55,856,499$463,266,099
86$597,739,420$99,585,257$57,655,399$509,226,299
87$658,634,271$104,390,365$59,512,286$559,820,998
88$725,738,049$109,428,575$61,429,029$615,520,615
89$799,683,989$114,711,234$63,407,561$676,843,449
90$881,169,915$120,250,244$65,449,873$744,360,554
91$970,964,828$126,058,087$67,558,026$818,701,126
92$1,069,916,163$132,147,856$69,734,142$900,558,415
93$1,178,957,791$138,533,281$71,980,416$990,696,265
94$1,299,118,836$145,228,762$74,299,110$1,089,956,301
95$1,431,533,389$152,249,403$76,692,562$1,199,265,860
96$1,577,451,217$159,611,045$79,163,184$1,319,646,727
97$1,738,249,557$167,330,302$81,713,466$1,452,224,762
98$1,915,446,125$175,424,600$84,345,981$1,598,240,509
99$2,110,713,438$183,912,214$87,063,380$1,759,060,886
100$2,325,894,610$192,812,314$89,868,404$1,936,192,070