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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.3%
1 years$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,462,838
2 years$760,381$746,220$732,495$719,188$706,281$685,812
3 years$501,886$487,663$473,973$460,791$448,094$428,145
4 years$372,663$358,484$344,931$331,974$319,584$300,309
5 years$295,150$281,056$267,681$254,988$242,943$224,397
6 years$243,491$229,503$216,326$203,916$192,232$174,438
7 years$206,606$192,736$179,768$167,650$156,336$139,300
8 years$178,956$165,211$152,457$140,638$129,696$113,416
9 years$157,461$143,846$131,311$119,792$109,223$93,691
10 years$140,275$126,793$114,480$103,262$93,063$78,268
11 years$126,223$112,876$100,787$89,869$80,038$65,966
12 years$114,521$101,312$89,446$78,827$69,359$55,993
13 years$104,628$91,556$79,914$69,593$60,482$47,805
14 years$96,155$83,222$71,803$61,776$53,018$41,011
15 years$88,818$76,025$64,828$55,094$46,682$35,323
16 years$82,405$69,751$58,776$49,330$41,257$30,526
17 years$76,752$64,238$53,484$44,323$36,582$26,455
18 years$71,733$59,359$48,824$39,944$32,527$22,983
19 years$67,248$55,013$44,696$36,093$28,992$20,007
20 years$63,216$51,121$41,020$32,689$25,896$17,448
21 years$59,572$47,617$37,730$29,667$23,174$15,240
22 years$56,265$44,449$34,774$26,974$20,772$13,328
23 years$53,249$41,572$32,108$24,566$18,646$11,670
24 years$50,489$38,951$29,694$22,406$16,760$10,228
25 years$47,954$36,553$27,503$20,462$15,081$8,972
26 years$45,617$34,354$25,508$18,710$13,585$7,876
27 years$43,457$32,331$23,686$17,125$12,248$6,919
28 years$41,455$30,466$22,019$15,690$11,051$6,081
29 years$39,595$28,741$20,491$14,388$9,979$5,348
30 years$37,862$27,143$19,086$13,205$9,017$4,705
31 years$36,243$25,659$17,794$12,128$8,152$4,141
32 years$34,729$24,278$16,602$11,146$7,374$3,645
33 years$33,310$22,992$15,501$10,249$6,673$3,210
34 years$31,977$21,791$14,483$9,430$6,042$2,828
35 years$30,723$20,669$13,541$8,681$5,473$2,492
36 years$29,541$19,618$12,667$7,995$4,958$2,196
37 years$28,426$18,632$11,856$7,366$4,494$1,936
38 years$27,372$17,707$11,103$6,790$4,074$1,706
39 years$26,374$16,838$10,402$6,261$3,695$1,505
40 years$25,429$16,020$9,750$5,774$3,351$1,327
41 years$24,532$15,249$9,142$5,328$3,040$1,170
42 years$23,681$14,523$8,576$4,917$2,759$1,032
43 years$22,871$13,837$8,047$4,539$2,504$910
44 years$22,099$13,190$7,554$4,191$2,273$803
45 years$21,365$12,578$7,093$3,870$2,063$708
46 years$20,664$11,999$6,662$3,575$1,873$625
47 years$19,995$11,450$6,259$3,303$1,701$551
48 years$19,356$10,931$5,881$3,052$1,545$487
49 years$18,745$10,439$5,528$2,821$1,403$429
50 years$18,160$9,971$5,197$2,607$1,274$379

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 $4,858 every year, while hoping to spend $39,923 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: 33/45/22 Blend
50$18,600,000$18,600,000$18,600,000$18,600,000
51$20,502,211$19,516,411$19,228,111$21,040,135
52$22,550,959$20,430,237$19,829,775$22,356,351
53$24,807,341$21,387,503$20,450,257$23,769,947
54$27,292,494$22,390,295$21,090,144$25,292,644
55$30,029,708$23,440,800$21,750,044$26,934,082
56$33,044,650$24,541,311$22,430,583$28,704,818
57$36,365,602$25,694,232$23,132,404$30,616,420
58$40,023,727$26,902,084$23,856,174$32,681,563
59$44,053,370$28,167,509$24,602,579$34,914,139
60$48,492,375$29,493,277$25,372,326$37,329,378
61$53,382,442$30,882,293$26,166,144$39,943,984
62$58,769,528$32,337,602$26,984,786$42,776,276
63$64,704,272$33,862,396$27,829,029$45,846,355
64$71,242,478$35,460,024$28,699,671$49,176,275
65$78,445,639$37,133,994$29,597,539$52,790,245
66$86,381,520$38,887,985$30,523,483$56,714,838
67$95,124,796$40,725,857$31,478,380$60,979,230
68$104,757,755$42,651,654$32,463,135$65,615,463
69$115,371,078$44,669,617$33,478,683$70,658,727
70$127,064,693$46,784,194$34,525,984$76,147,681
71$139,948,718$49,000,046$35,606,031$82,124,796
72$154,144,502$51,322,063$36,719,847$88,636,744
73$169,785,768$53,755,371$37,868,489$95,734,813
74$187,019,877$56,305,344$39,053,044$103,475,378
75$206,009,217$58,977,619$40,274,634$111,920,409
76$226,932,740$61,778,105$41,534,416$121,138,035
77$249,987,645$64,712,997$42,833,585$131,203,168
78$275,391,245$67,788,795$44,173,370$142,198,181
79$303,383,016$71,012,309$45,555,042$154,213,668
80$334,226,855$74,390,684$46,979,908$167,349,268
81$368,213,578$77,931,411$48,449,318$181,714,581
82$405,663,657$81,642,345$49,964,664$197,430,174
83$446,930,252$85,531,721$51,527,382$214,628,693
84$492,402,540$89,608,178$53,138,952$233,456,080
85$542,509,391$93,880,770$54,800,899$254,072,920
86$597,723,417$98,358,997$56,514,797$276,655,923
87$658,565,434$103,052,815$58,282,271$301,399,561
88$725,609,374$107,972,669$60,104,993$328,517,859
89$799,487,709$113,129,509$61,984,689$358,246,386
90$880,897,420$118,534,819$63,923,140$390,844,429
91$970,606,572$124,200,641$65,922,181$426,597,407
92$1,069,461,574$130,139,604$67,983,705$465,819,515
93$1,178,395,158$136,364,948$70,109,664$508,856,648
94$1,298,435,197$142,890,563$72,302,070$556,089,613
95$1,430,714,397$149,731,011$74,562,999$607,937,678
96$1,576,480,997$156,901,562$76,894,592$664,862,474
97$1,737,110,554$164,418,234$79,299,055$727,372,296
98$1,914,118,923$172,297,820$81,778,666$796,026,848
99$2,109,176,573$180,557,933$84,335,771$871,442,460
100$2,324,124,355$189,217,043$86,972,792$954,297,845