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%16%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,438,969
2 years$756,293$742,208$728,557$715,322$702,484$666,189
3 years$499,187$485,041$471,425$458,314$445,685$410,477
4 years$370,659$356,557$343,077$330,189$317,866$284,017
5 years$293,563$279,545$266,242$253,617$241,637$209,240
6 years$242,182$228,269$215,163$202,820$191,199$160,287
7 years$205,496$191,700$178,801$166,749$155,496$126,072
8 years$177,994$164,322$151,638$139,882$128,999$101,051
9 years$156,614$143,072$130,605$119,148$108,636$82,140
10 years$139,521$126,111$113,865$102,707$92,563$67,489
11 years$125,544$112,269$100,245$89,386$79,607$55,919
12 years$113,906$100,767$88,965$78,403$68,986$46,644
13 years$104,065$91,064$79,484$69,218$60,157$39,117
14 years$95,638$82,775$71,417$61,444$52,733$32,949
15 years$88,341$75,616$64,480$54,798$46,431$27,855
16 years$81,962$69,376$58,460$49,065$41,036$23,619
17 years$76,340$63,893$53,197$44,085$36,385$20,077
18 years$71,347$59,040$48,562$39,729$32,352$17,102
19 years$66,886$54,718$44,456$35,899$28,836$14,594
20 years$62,876$50,846$40,799$32,513$25,757$12,472
21 years$59,252$47,361$37,528$29,508$23,049$10,672
22 years$55,962$44,210$34,587$26,829$20,660$9,141
23 years$52,963$41,349$31,935$24,434$18,546$7,837
24 years$50,218$38,741$29,535$22,285$16,670$6,725
25 years$47,696$36,357$27,355$20,352$15,000$5,774
26 years$45,372$34,169$25,371$18,609$13,512$4,960
27 years$43,224$32,157$23,559$17,033$12,182$4,264
28 years$41,232$30,302$21,901$15,606$10,992$3,666
29 years$39,382$28,586$20,381$14,311$9,925$3,154
30 years$37,658$26,997$18,984$13,134$8,968$2,713
31 years$36,048$25,521$17,698$12,063$8,108$2,335
32 years$34,543$24,148$16,513$11,086$7,334$2,010
33 years$33,131$22,868$15,418$10,194$6,638$1,731
34 years$31,805$21,674$14,406$9,380$6,010$1,491
35 years$30,558$20,557$13,468$8,635$5,443$1,284
36 years$29,382$19,512$12,599$7,952$4,932$1,106
37 years$28,273$18,532$11,793$7,327$4,470$953
38 years$27,225$17,612$11,043$6,753$4,052$821
39 years$26,233$16,747$10,346$6,227$3,675$707
40 years$25,292$15,934$9,698$5,743$3,333$610
41 years$24,400$15,167$9,093$5,299$3,024$525
42 years$23,553$14,445$8,530$4,890$2,744$453
43 years$22,748$13,763$8,004$4,514$2,490$390
44 years$21,981$13,119$7,513$4,168$2,260$336
45 years$21,250$12,510$7,055$3,850$2,052$290
46 years$20,553$11,934$6,626$3,556$1,863$250
47 years$19,888$11,389$6,225$3,285$1,692$215
48 years$19,252$10,872$5,850$3,036$1,536$186
49 years$18,644$10,382$5,498$2,805$1,395$160
50 years$18,062$9,918$5,169$2,593$1,267$138

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 $4,992 every year, while hoping to spend $29,022 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: 64/21/15 Blend
50$18,500,000$18,500,000$18,500,000$18,500,000
51$20,392,149$19,411,649$19,124,899$21,622,790
52$22,441,269$20,331,941$19,734,704$23,368,163
53$24,698,427$21,296,354$20,363,965$25,270,171
54$27,184,811$22,307,020$21,013,303$27,347,152
55$29,923,772$23,366,174$21,683,358$29,616,166
56$32,941,039$24,476,159$22,374,793$32,095,979
57$36,264,966$25,639,432$23,088,290$34,807,234
58$39,926,798$26,858,569$23,824,552$37,772,645
59$43,960,965$28,136,273$24,584,309$41,017,203
60$48,405,408$29,475,375$25,368,308$44,568,408
61$53,301,938$30,878,847$26,177,325$48,456,522
62$58,696,629$32,349,803$27,012,158$52,714,850
63$64,640,251$33,891,510$27,873,631$57,380,047
64$71,188,755$35,507,392$28,762,596$62,492,461
65$78,403,795$37,201,041$29,679,930$68,096,501
66$86,353,313$38,976,223$30,626,539$74,241,058
67$95,112,180$40,836,888$31,603,357$80,979,950
68$104,762,903$42,787,176$32,611,351$88,372,430
69$115,396,403$44,831,430$33,651,514$96,483,733
70$127,112,871$46,974,206$34,724,875$105,385,686
71$140,022,719$49,220,277$35,832,493$115,157,376
72$154,247,618$51,574,652$36,975,463$125,885,889
73$169,921,648$54,042,583$38,154,914$137,667,119
74$187,192,563$56,629,577$39,372,011$150,606,670
75$206,223,187$59,341,409$40,627,956$164,820,836
76$227,192,950$62,184,136$41,923,991$180,437,693
77$250,299,582$65,164,109$43,261,395$197,598,292
78$275,760,977$68,287,989$44,641,490$216,457,984
79$303,817,257$71,562,760$46,065,640$237,187,871
80$334,733,029$74,995,748$47,535,251$259,976,407
81$368,799,893$78,594,634$49,051,776$285,031,169
82$406,339,185$82,367,474$50,616,714$312,580,798
83$447,705,019$86,322,717$52,231,611$342,877,142
84$493,287,624$90,469,224$53,898,063$376,197,622
85$543,517,031$94,816,284$55,617,717$412,847,833
86$598,867,130$99,373,644$57,392,273$453,164,410
87$659,860,147$104,151,523$59,223,484$497,518,193
88$727,071,572$109,160,637$61,113,160$546,317,704
89$801,135,591$114,412,228$63,063,170$600,012,988
90$882,751,076$119,918,082$65,075,441$659,099,841
91$972,688,180$125,690,562$67,151,963$724,124,469
92$1,071,795,608$131,742,633$69,294,787$795,688,620
93$1,181,008,630$138,087,892$71,506,033$874,455,247
94$1,301,357,912$144,740,600$73,787,886$961,154,737
95$1,433,979,242$151,715,712$76,142,603$1,056,591,785
96$1,580,124,256$159,028,914$78,572,512$1,161,652,960
97$1,741,172,255$166,696,655$81,080,016$1,277,315,052
98$1,918,643,222$174,736,189$83,667,593$1,404,654,260
99$2,114,212,177$183,165,608$86,337,804$1,544,856,325
100$2,329,724,986$192,003,890$89,093,288$1,699,227,690