Can I retire at age 51 with 18,900,000?

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 $18,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,467,108
2 years$772,646$758,256$744,310$730,788$717,673$677,648
3 years$509,981$495,529$481,618$468,223$455,321$416,529
4 years$378,674$364,266$350,494$337,328$324,739$287,477
5 years$299,910$285,589$271,998$259,101$246,861$211,233
6 years$247,418$233,205$219,815$207,205$195,333$161,372
7 years$209,939$195,845$182,667$170,354$158,858$126,567
8 years$181,842$167,875$154,916$142,906$131,788$101,151
9 years$160,000$146,166$133,429$121,724$110,985$81,974
10 years$142,537$128,838$116,327$104,928$94,564$67,143
11 years$128,259$114,697$102,412$91,318$81,329$55,455
12 years$116,368$102,946$90,888$80,099$70,478$46,105
13 years$106,315$93,033$81,203$70,715$61,458$38,536
14 years$97,706$84,564$72,961$62,773$53,874$32,349
15 years$90,251$77,251$65,874$55,982$47,435$27,251
16 years$83,734$70,876$59,724$50,126$41,923$23,025
17 years$77,990$65,274$54,347$45,038$37,172$19,501
18 years$72,890$60,317$49,612$40,588$33,051$16,550
19 years$68,332$55,901$45,417$36,675$29,459$14,070
20 years$64,235$51,946$41,681$33,216$26,314$11,979
21 years$60,533$48,385$38,339$30,146$23,548$10,210
22 years$57,172$45,166$35,335$27,409$21,107$8,712
23 years$54,108$42,243$32,626$24,962$18,947$7,440
24 years$51,303$39,579$30,173$22,767$17,030$6,359
25 years$48,727$37,143$27,947$20,792$15,324$5,438
26 years$46,353$34,908$25,919$19,011$13,804$4,653
27 years$44,158$32,853$24,068$17,402$12,445$3,983
28 years$42,124$30,957$22,374$15,944$11,230$3,411
29 years$40,233$29,204$20,821$14,621$10,140$2,922
30 years$38,472$27,580$19,394$13,418$9,162$2,504
31 years$36,828$26,073$18,081$12,323$8,283$2,146
32 years$35,289$24,670$16,870$11,326$7,493$1,840
33 years$33,847$23,363$15,751$10,415$6,781$1,578
34 years$32,493$22,143$14,717$9,582$6,140$1,353
35 years$31,218$21,002$13,759$8,821$5,561$1,160
36 years$30,018$19,934$12,872$8,124$5,038$995
37 years$28,884$18,933$12,048$7,485$4,566$854
38 years$27,813$17,993$11,282$6,899$4,140$733
39 years$26,800$17,109$10,570$6,362$3,754$629
40 years$25,839$16,278$9,907$5,868$3,405$539
41 years$24,928$15,495$9,290$5,414$3,089$463
42 years$24,062$14,757$8,714$4,996$2,803$397
43 years$23,239$14,061$8,177$4,612$2,544$341
44 years$22,456$13,403$7,676$4,258$2,309$293
45 years$21,709$12,781$7,207$3,933$2,096$251
46 years$20,997$12,192$6,769$3,633$1,903$215
47 years$20,318$11,635$6,360$3,356$1,728$185
48 years$19,668$11,107$5,976$3,101$1,570$159
49 years$19,047$10,607$5,617$2,866$1,426$136
50 years$18,453$10,132$5,281$2,649$1,295$117

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,900,000, adding $4,529 every year, while hoping to spend $33,633 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$18,900,000$18,900,000$18,900,000$18,900,000
51$20,832,472$19,830,772$19,537,822$21,379,072
52$22,921,599$20,766,694$20,156,553$22,723,839
53$25,222,689$21,747,350$20,794,885$24,168,781
54$27,757,328$22,774,895$21,453,439$25,725,389
55$30,549,301$23,851,590$22,132,855$27,403,526
56$33,624,818$24,979,806$22,833,793$29,213,994
57$37,012,762$26,162,029$23,556,938$31,168,623
58$40,744,959$27,400,864$24,302,991$33,280,380
59$44,856,483$28,699,044$25,072,679$35,563,472
60$49,385,982$30,059,435$25,866,751$38,033,479
61$54,376,045$31,485,040$26,685,980$40,707,481
62$59,873,604$32,979,010$27,531,163$43,604,215
63$65,930,377$34,544,647$28,403,123$46,744,234
64$72,603,355$36,185,414$29,302,707$50,150,093
65$79,955,342$37,904,944$30,230,793$53,846,542
66$88,055,544$39,707,044$31,188,282$57,860,754
67$96,980,227$41,595,706$32,176,106$62,222,558
68$106,813,433$43,575,118$33,195,228$66,964,714
69$117,647,774$45,649,670$34,246,639$72,123,199
70$129,585,308$47,823,965$35,331,363$77,737,533
71$142,738,500$50,102,830$36,450,455$83,851,133
72$157,231,287$52,491,328$37,605,004$90,511,708
73$173,200,241$54,994,766$38,796,135$97,771,686
74$190,795,866$57,618,711$40,025,006$105,688,689
75$210,184,016$60,368,999$41,292,815$114,326,059
76$231,547,456$63,251,750$42,600,794$123,753,431
77$255,087,594$66,273,383$43,950,219$134,047,367
78$281,026,378$69,440,629$45,342,401$145,292,059
79$309,608,394$72,760,545$46,778,696$157,580,091
80$341,103,171$76,240,532$48,260,504$171,013,292
81$375,807,729$79,888,353$49,789,265$185,703,670
82$414,049,381$83,712,146$51,366,469$201,774,434
83$456,188,823$87,720,447$52,993,651$219,361,135
84$502,623,540$91,922,206$54,672,396$238,612,907
85$553,791,558$96,326,810$56,404,337$259,693,845
86$610,175,576$100,944,103$58,191,162$282,784,518
87$672,307,528$105,784,408$60,034,610$308,083,638
88$740,773,602$110,858,550$61,936,475$335,809,897
89$816,219,773$116,177,882$63,898,610$366,203,990
90$899,357,901$121,754,310$65,922,926$399,530,848
91$990,972,456$127,600,320$68,011,392$436,082,091
92$1,091,927,917$133,729,006$70,166,045$476,178,742
93$1,203,176,938$140,154,101$72,388,980$520,174,202
94$1,325,769,338$146,890,004$74,682,364$568,457,537
95$1,460,862,017$153,951,820$77,048,429$621,457,105
96$1,609,729,871$161,355,388$79,489,479$679,644,534
97$1,773,777,834$169,117,318$82,007,893$743,539,126
98$1,954,554,137$177,255,032$84,606,122$813,712,690
99$2,153,764,930$185,786,798$87,286,698$890,794,886
100$2,373,290,380$194,731,779$90,052,230$975,479,094