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%17.7%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,429,138
2 years$756,293$742,208$728,557$715,322$702,484$656,471
3 years$499,187$485,041$471,425$458,314$445,685$401,181
4 years$370,659$356,557$343,077$330,189$317,866$275,212
5 years$293,563$279,545$266,242$253,617$241,637$200,947
6 years$242,182$228,269$215,163$202,820$191,199$152,509
7 years$205,496$191,700$178,801$166,749$155,496$118,803
8 years$177,994$164,322$151,638$139,882$128,999$94,279
9 years$156,614$143,072$130,605$119,148$108,636$75,850
10 years$139,521$126,111$113,865$102,707$92,563$61,663
11 years$125,544$112,269$100,245$89,386$79,607$50,537
12 years$113,906$100,767$88,965$78,403$68,986$41,685
13 years$104,065$91,064$79,484$69,218$60,157$34,560
14 years$95,638$82,775$71,417$61,444$52,733$28,771
15 years$88,341$75,616$64,480$54,798$46,431$24,034
16 years$81,962$69,376$58,460$49,065$41,036$20,132
17 years$76,340$63,893$53,197$44,085$36,385$16,902
18 years$71,347$59,040$48,562$39,729$32,352$14,217
19 years$66,886$54,718$44,456$35,899$28,836$11,978
20 years$62,876$50,846$40,799$32,513$25,757$10,105
21 years$59,252$47,361$37,528$29,508$23,049$8,534
22 years$55,962$44,210$34,587$26,829$20,660$7,214
23 years$52,963$41,349$31,935$24,434$18,546$6,103
24 years$50,218$38,741$29,535$22,285$16,670$5,166
25 years$47,696$36,357$27,355$20,352$15,000$4,376
26 years$45,372$34,169$25,371$18,609$13,512$3,708
27 years$43,224$32,157$23,559$17,033$12,182$3,144
28 years$41,232$30,302$21,901$15,606$10,992$2,666
29 years$39,382$28,586$20,381$14,311$9,925$2,261
30 years$37,658$26,997$18,984$13,134$8,968$1,919
31 years$36,048$25,521$17,698$12,063$8,108$1,628
32 years$34,543$24,148$16,513$11,086$7,334$1,382
33 years$33,131$22,868$15,418$10,194$6,638$1,173
34 years$31,805$21,674$14,406$9,380$6,010$996
35 years$30,558$20,557$13,468$8,635$5,443$846
36 years$29,382$19,512$12,599$7,952$4,932$718
37 years$28,273$18,532$11,793$7,327$4,470$610
38 years$27,225$17,612$11,043$6,753$4,052$518
39 years$26,233$16,747$10,346$6,227$3,675$440
40 years$25,292$15,934$9,698$5,743$3,333$374
41 years$24,400$15,167$9,093$5,299$3,024$318
42 years$23,553$14,445$8,530$4,890$2,744$270
43 years$22,748$13,763$8,004$4,514$2,490$229
44 years$21,981$13,119$7,513$4,168$2,260$195
45 years$21,250$12,510$7,055$3,850$2,052$165
46 years$20,553$11,934$6,626$3,556$1,863$140
47 years$19,888$11,389$6,225$3,285$1,692$119
48 years$19,252$10,872$5,850$3,036$1,536$101
49 years$18,644$10,382$5,498$2,805$1,395$86
50 years$18,062$9,918$5,169$2,593$1,267$73

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 $2,225 every year, while hoping to spend $36,903 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: 54/25/21 Blend
50$18,500,000$18,500,000$18,500,000$18,500,000
51$20,389,295$19,408,795$19,122,045$21,373,201
52$22,429,739$20,320,562$19,723,369$22,960,137
53$24,677,071$21,275,768$20,343,601$24,682,687
54$27,152,355$22,276,503$20,983,334$26,557,061
55$29,878,802$23,324,959$21,643,183$28,597,781
56$32,881,989$24,423,431$22,323,779$30,820,806
57$36,190,101$25,574,329$23,025,775$33,243,682
58$39,834,197$26,780,176$23,749,843$35,885,699
59$43,848,500$28,043,619$24,496,678$38,768,069
60$48,270,725$29,367,435$25,266,995$41,914,117
61$53,142,432$30,754,533$26,061,533$45,349,500
62$58,509,419$32,207,963$26,881,052$49,102,434
63$64,422,151$33,730,925$27,726,339$53,203,962
64$70,936,243$35,326,772$28,598,204$57,688,233
65$78,112,977$36,999,022$29,497,481$62,592,819
66$86,019,887$38,751,360$30,425,033$67,959,063
67$94,731,393$40,587,654$31,381,749$73,832,457
68$104,329,503$42,511,957$32,368,545$80,263,064
69$114,904,588$44,528,519$33,386,368$87,305,984
70$126,556,237$46,641,797$34,436,192$95,021,858
71$139,394,192$48,856,464$35,519,023$103,477,438
72$153,539,389$51,177,421$36,635,900$112,746,200
73$169,125,097$53,609,804$37,787,893$122,909,029
74$186,298,174$56,159,002$38,976,105$134,054,971
75$205,220,458$58,830,664$40,201,674$146,282,061
76$226,070,291$61,630,713$41,465,777$159,698,235
77$249,044,204$64,565,360$42,769,623$174,422,336
78$274,358,770$67,641,120$44,114,463$190,585,223
79$302,252,651$70,864,822$45,501,584$208,330,990
80$332,988,852$74,243,628$46,932,317$227,818,311
81$366,857,196$77,785,048$48,408,032$249,221,924
82$404,177,072$81,496,957$49,930,143$272,734,261
83$445,300,439$85,387,614$51,500,108$298,567,250
84$490,615,155$89,465,678$53,119,433$326,954,294
85$540,548,635$93,740,230$54,789,668$358,152,458
86$595,571,888$98,220,793$56,512,414$392,444,875
87$656,203,962$102,917,354$58,289,322$430,143,398
88$723,016,846$107,840,384$60,122,094$471,591,522
89$796,640,867$113,000,865$62,012,486$517,167,603
90$877,770,641$118,410,313$63,962,310$567,288,406
91$967,171,633$124,080,805$65,973,434$622,413,018
92$1,065,687,380$130,025,006$68,047,785$683,047,151
93$1,174,247,457$136,256,195$70,187,350$749,747,889
94$1,293,876,251$142,788,302$72,394,179$823,128,924
95$1,425,702,632$149,635,932$74,670,387$903,866,313
96$1,570,970,610$156,814,402$77,018,155$992,704,832
97$1,731,051,081$164,339,776$79,439,732$1,090,464,975
98$1,907,454,766$172,228,900$81,937,438$1,198,050,663
99$2,101,846,476$180,499,440$84,513,665$1,316,457,746
100$2,316,060,826$189,169,923$87,170,884$1,446,783,360