Can I retire at age 51 with 18,500,000?

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 $18,500,000?

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$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,424,575
2 years$756,293$742,208$728,557$715,322$702,484$651,979
3 years$499,187$485,041$471,425$458,314$445,685$396,903
4 years$370,659$356,557$343,077$330,189$317,866$271,181
5 years$293,563$279,545$266,242$253,617$241,637$197,171
6 years$242,182$228,269$215,163$202,820$191,199$148,987
7 years$205,496$191,700$178,801$166,749$155,496$115,531
8 years$177,994$164,322$151,638$139,882$128,999$91,250
9 years$156,614$143,072$130,605$119,148$108,636$73,055
10 years$139,521$126,111$113,865$102,707$92,563$59,093
11 years$125,544$112,269$100,245$89,386$79,607$48,181
12 years$113,906$100,767$88,965$78,403$68,986$39,531
13 years$104,065$91,064$79,484$69,218$60,157$32,596
14 years$95,638$82,775$71,417$61,444$52,733$26,986
15 years$88,341$75,616$64,480$54,798$46,431$22,415
16 years$81,962$69,376$58,460$49,065$41,036$18,667
17 years$76,340$63,893$53,197$44,085$36,385$15,581
18 years$71,347$59,040$48,562$39,729$32,352$13,028
19 years$66,886$54,718$44,456$35,899$28,836$10,910
20 years$62,876$50,846$40,799$32,513$25,757$9,148
21 years$59,252$47,361$37,528$29,508$23,049$7,678
22 years$55,962$44,210$34,587$26,829$20,660$6,450
23 years$52,963$41,349$31,935$24,434$18,546$5,422
24 years$50,218$38,741$29,535$22,285$16,670$4,561
25 years$47,696$36,357$27,355$20,352$15,000$3,839
26 years$45,372$34,169$25,371$18,609$13,512$3,232
27 years$43,224$32,157$23,559$17,033$12,182$2,722
28 years$41,232$30,302$21,901$15,606$10,992$2,294
29 years$39,382$28,586$20,381$14,311$9,925$1,933
30 years$37,658$26,997$18,984$13,134$8,968$1,629
31 years$36,048$25,521$17,698$12,063$8,108$1,374
32 years$34,543$24,148$16,513$11,086$7,334$1,158
33 years$33,131$22,868$15,418$10,194$6,638$977
34 years$31,805$21,674$14,406$9,380$6,010$824
35 years$30,558$20,557$13,468$8,635$5,443$695
36 years$29,382$19,512$12,599$7,952$4,932$586
37 years$28,273$18,532$11,793$7,327$4,470$494
38 years$27,225$17,612$11,043$6,753$4,052$417
39 years$26,233$16,747$10,346$6,227$3,675$352
40 years$25,292$15,934$9,698$5,743$3,333$297
41 years$24,400$15,167$9,093$5,299$3,024$251
42 years$23,553$14,445$8,530$4,890$2,744$211
43 years$22,748$13,763$8,004$4,514$2,490$178
44 years$21,981$13,119$7,513$4,168$2,260$150
45 years$21,250$12,510$7,055$3,850$2,052$127
46 years$20,553$11,934$6,626$3,556$1,863$107
47 years$19,888$11,389$6,225$3,285$1,692$90
48 years$19,252$10,872$5,850$3,036$1,536$76
49 years$18,644$10,382$5,498$2,805$1,395$64
50 years$18,062$9,918$5,169$2,593$1,267$54

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,500,000, adding $4,129 every year, while hoping to spend $53,237 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: 28/47/25 Blend
50$18,500,000$18,500,000$18,500,000$18,500,000
51$20,391,259$19,410,759$19,124,009$20,802,924
52$22,414,524$20,305,243$19,708,020$22,022,775
53$24,642,377$21,241,771$20,309,810$23,327,533
54$27,095,631$22,222,350$20,929,920$24,728,295
55$29,797,218$23,249,078$21,568,906$26,233,316
56$32,772,410$24,324,157$22,227,339$27,851,628
57$36,049,050$25,449,896$22,905,809$29,593,112
58$39,657,824$26,628,712$23,604,925$31,468,586
59$43,632,545$27,863,141$24,325,312$33,489,895
60$48,010,469$29,155,840$25,067,616$35,670,013
61$52,832,656$30,509,595$25,832,499$38,023,152
62$58,144,346$31,927,324$26,620,647$40,564,890
63$63,995,396$33,412,090$27,432,766$43,312,300
64$70,440,743$34,967,099$28,269,580$46,284,105
65$77,540,927$36,595,715$29,131,839$49,500,836
66$85,362,659$38,301,463$30,020,313$52,985,014
67$93,979,454$40,088,038$30,935,797$56,761,351
68$103,472,320$41,959,314$31,879,109$60,856,963
69$113,930,528$43,919,352$32,851,090$65,301,617
70$125,452,451$45,972,408$33,852,610$70,127,989
71$138,146,491$48,122,946$34,884,563$75,371,959
72$152,132,107$50,375,644$35,947,869$81,072,933
73$167,540,938$52,735,407$37,043,479$87,274,193
74$184,518,047$55,207,376$38,172,369$94,023,287
75$203,223,291$57,796,941$39,335,547$101,372,458
76$223,832,829$60,509,753$40,534,050$109,379,117
77$246,540,784$63,351,737$41,768,947$118,106,358
78$271,561,076$66,329,104$43,041,339$127,623,538
79$299,129,441$69,448,366$44,352,359$138,006,897
80$329,505,658$72,716,349$45,703,177$149,340,260
81$362,975,996$76,140,212$47,094,995$161,715,801
82$399,855,923$79,727,458$48,529,052$175,234,879
83$440,493,079$83,485,954$50,006,627$190,008,970
84$485,270,557$87,423,951$51,529,033$206,160,691
85$534,610,525$91,550,095$53,097,627$223,824,918
86$588,978,204$95,873,455$54,713,803$243,150,033
87$648,886,264$100,403,538$56,378,999$264,299,283
88$714,899,664$105,150,312$58,094,696$287,452,290
89$787,640,981$110,124,229$59,862,419$312,806,703
90$867,796,291$115,336,246$61,683,741$340,580,027
91$956,121,645$120,797,854$63,560,278$371,011,633
92$1,053,450,203$126,521,100$65,493,698$404,364,971
93$1,160,700,106$132,518,615$67,485,719$440,930,014
94$1,278,883,135$138,803,646$69,538,109$481,025,946
95$1,409,114,269$145,390,078$71,652,689$525,004,122
96$1,552,622,208$152,292,476$73,831,338$573,251,335
97$1,710,760,972$159,526,106$76,075,987$626,193,409
98$1,885,022,686$167,106,981$78,388,628$684,299,163
99$2,077,051,665$175,051,887$80,771,311$748,084,773
100$2,288,659,934$183,378,429$83,226,149$818,118,583