Can I retire at age 51 with 18,600,000?

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 $18,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,435,138
2 years$760,381$746,220$732,495$719,188$706,281$658,320
3 years$501,886$487,663$473,973$460,791$448,094$401,729
4 years$372,663$358,484$344,931$331,974$319,584$275,171
5 years$295,150$281,056$267,681$254,988$242,943$200,600
6 years$243,491$229,503$216,326$203,916$192,232$151,996
7 years$206,606$192,736$179,768$167,650$156,336$118,201
8 years$178,956$165,211$152,457$140,638$129,696$93,635
9 years$157,461$143,846$131,311$119,792$109,223$75,194
10 years$140,275$126,793$114,480$103,262$93,063$61,014
11 years$126,223$112,876$100,787$89,869$80,038$49,909
12 years$114,521$101,312$89,446$78,827$69,359$41,085
13 years$104,628$91,556$79,914$69,593$60,482$33,993
14 years$96,155$83,222$71,803$61,776$53,018$28,241
15 years$88,818$76,025$64,828$55,094$46,682$23,540
16 years$82,405$69,751$58,776$49,330$41,257$19,676
17 years$76,752$64,238$53,484$44,323$36,582$16,483
18 years$71,733$59,359$48,824$39,944$32,527$13,834
19 years$67,248$55,013$44,696$36,093$28,992$11,629
20 years$63,216$51,121$41,020$32,689$25,896$9,788
21 years$59,572$47,617$37,730$29,667$23,174$8,247
22 years$56,265$44,449$34,774$26,974$20,772$6,955
23 years$53,249$41,572$32,108$24,566$18,646$5,870
24 years$50,489$38,951$29,694$22,406$16,760$4,957
25 years$47,954$36,553$27,503$20,462$15,081$4,189
26 years$45,617$34,354$25,508$18,710$13,585$3,541
27 years$43,457$32,331$23,686$17,125$12,248$2,995
28 years$41,455$30,466$22,019$15,690$11,051$2,533
29 years$39,595$28,741$20,491$14,388$9,979$2,144
30 years$37,862$27,143$19,086$13,205$9,017$1,814
31 years$36,243$25,659$17,794$12,128$8,152$1,536
32 years$34,729$24,278$16,602$11,146$7,374$1,301
33 years$33,310$22,992$15,501$10,249$6,673$1,101
34 years$31,977$21,791$14,483$9,430$6,042$933
35 years$30,723$20,669$13,541$8,681$5,473$790
36 years$29,541$19,618$12,667$7,995$4,958$669
37 years$28,426$18,632$11,856$7,366$4,494$567
38 years$27,372$17,707$11,103$6,790$4,074$480
39 years$26,374$16,838$10,402$6,261$3,695$407
40 years$25,429$16,020$9,750$5,774$3,351$345
41 years$24,532$15,249$9,142$5,328$3,040$292
42 years$23,681$14,523$8,576$4,917$2,759$247
43 years$22,871$13,837$8,047$4,539$2,504$210
44 years$22,099$13,190$7,554$4,191$2,273$178
45 years$21,365$12,578$7,093$3,870$2,063$151
46 years$20,664$11,999$6,662$3,575$1,873$128
47 years$19,995$11,450$6,259$3,303$1,701$108
48 years$19,356$10,931$5,881$3,052$1,545$92
49 years$18,745$10,439$5,528$2,821$1,403$78
50 years$18,160$9,971$5,197$2,607$1,274$66

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,600,000, adding $3,585 every year, while hoping to spend $38,926 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: 43/37/20 Blend
50$18,600,000$18,600,000$18,600,000$18,600,000
51$20,500,898$19,515,098$19,226,798$21,262,876
52$22,550,573$20,429,921$19,829,479$22,716,878
53$24,808,009$21,388,265$20,451,045$24,287,116
54$27,294,359$22,392,223$21,092,087$25,987,560
55$30,032,928$23,443,986$21,753,217$27,830,230
56$33,049,400$24,545,854$22,435,062$29,828,319
57$36,372,074$25,700,237$23,138,273$31,996,307
58$40,032,138$26,909,661$23,863,517$34,350,091
59$44,063,957$28,176,775$24,611,486$36,907,127
60$48,505,400$29,504,357$25,382,890$39,686,585
61$53,398,199$30,895,318$26,178,465$42,709,520
62$58,788,338$32,352,712$26,998,967$45,999,066
63$64,726,493$33,879,739$27,845,176$49,580,639
64$71,268,504$35,479,755$28,717,899$53,482,168
65$78,475,908$37,156,280$29,617,964$57,734,351
66$86,416,514$38,913,001$30,546,230$62,370,930
67$95,165,048$40,753,788$31,503,578$67,428,997
68$104,803,855$42,682,696$32,490,920$72,949,336
69$115,423,678$44,703,977$33,509,196$78,976,790
70$127,124,512$46,822,091$34,559,373$85,560,674
71$140,016,552$49,041,713$35,642,451$92,755,226
72$154,221,227$51,367,744$36,759,460$100,620,103
73$169,872,354$53,805,324$37,911,463$109,220,930
74$187,117,393$56,359,844$39,099,556$118,629,901
75$206,118,844$59,036,954$40,324,869$128,926,445
76$227,055,782$61,842,581$41,588,568$140,197,959
77$250,125,541$64,782,936$42,891,854$152,540,613
78$275,545,582$67,864,536$44,235,967$166,060,238
79$303,555,546$71,094,213$45,622,186$180,873,306
80$334,419,512$74,479,129$47,051,830$197,108,007
81$368,428,493$78,026,798$48,526,257$214,905,437
82$405,903,183$81,745,095$50,046,871$234,420,908
83$447,196,984$85,642,280$51,615,117$255,825,387
84$492,699,340$89,727,016$53,232,487$279,307,086
85$542,839,417$94,008,384$54,900,520$305,073,215
86$598,090,151$98,495,908$56,620,801$333,351,902
87$658,972,715$103,199,577$58,394,966$364,394,326
88$726,061,438$108,129,862$60,224,703$398,477,051
89$799,989,226$113,297,746$62,111,752$435,904,611
90$881,453,538$118,714,747$64,057,907$477,012,343
91$971,222,971$124,392,941$66,065,019$522,169,525
92$1,070,144,512$130,344,994$68,134,995$571,782,821
93$1,179,151,540$136,584,186$70,269,805$626,300,084
94$1,299,272,632$143,124,446$72,471,478$686,214,541
95$1,431,641,276$149,980,379$74,742,108$752,069,409
96$1,577,506,570$157,167,302$77,083,853$824,462,977
97$1,738,245,018$164,701,278$79,498,940$904,054,209
98$1,915,373,521$172,599,151$81,989,665$991,568,917
99$2,110,563,697$180,878,586$84,558,396$1,087,806,561
100$2,325,657,666$189,558,109$87,207,574$1,193,647,743