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%14.3%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,480,318
2 years$772,646$758,256$744,310$730,788$717,673$690,769
3 years$509,981$495,529$481,618$468,223$455,321$429,146
4 years$378,674$364,266$350,494$337,328$324,739$299,495
5 years$299,910$285,589$271,998$259,101$246,861$222,620
6 years$247,418$233,205$219,815$207,205$195,333$172,122
7 years$209,939$195,845$182,667$170,354$158,858$136,683
8 years$181,842$167,875$154,916$142,906$131,788$110,645
9 years$160,000$146,166$133,429$121,724$110,985$90,861
10 years$142,537$128,838$116,327$104,928$94,564$75,442
11 years$128,259$114,697$102,412$91,318$81,329$63,186
12 years$116,368$102,946$90,888$80,099$70,478$53,291
13 years$106,315$93,033$81,203$70,715$61,458$45,200
14 years$97,706$84,564$72,961$62,773$53,874$38,516
15 years$90,251$77,251$65,874$55,982$47,435$32,947
16 years$83,734$70,876$59,724$50,126$41,923$28,275
17 years$77,990$65,274$54,347$45,038$37,172$24,331
18 years$72,890$60,317$49,612$40,588$33,051$20,985
19 years$68,332$55,901$45,417$36,675$29,459$18,135
20 years$64,235$51,946$41,681$33,216$26,314$15,698
21 years$60,533$48,385$38,339$30,146$23,548$13,607
22 years$57,172$45,166$35,335$27,409$21,107$11,810
23 years$54,108$42,243$32,626$24,962$18,947$10,261
24 years$51,303$39,579$30,173$22,767$17,030$8,923
25 years$48,727$37,143$27,947$20,792$15,324$7,766
26 years$46,353$34,908$25,919$19,011$13,804$6,763
27 years$44,158$32,853$24,068$17,402$12,445$5,893
28 years$42,124$30,957$22,374$15,944$11,230$5,138
29 years$40,233$29,204$20,821$14,621$10,140$4,482
30 years$38,472$27,580$19,394$13,418$9,162$3,911
31 years$36,828$26,073$18,081$12,323$8,283$3,414
32 years$35,289$24,670$16,870$11,326$7,493$2,980
33 years$33,847$23,363$15,751$10,415$6,781$2,603
34 years$32,493$22,143$14,717$9,582$6,140$2,274
35 years$31,218$21,002$13,759$8,821$5,561$1,987
36 years$30,018$19,934$12,872$8,124$5,038$1,736
37 years$28,884$18,933$12,048$7,485$4,566$1,517
38 years$27,813$17,993$11,282$6,899$4,140$1,326
39 years$26,800$17,109$10,570$6,362$3,754$1,159
40 years$25,839$16,278$9,907$5,868$3,405$1,014
41 years$24,928$15,495$9,290$5,414$3,089$886
42 years$24,062$14,757$8,714$4,996$2,803$775
43 years$23,239$14,061$8,177$4,612$2,544$678
44 years$22,456$13,403$7,676$4,258$2,309$593
45 years$21,709$12,781$7,207$3,933$2,096$518
46 years$20,997$12,192$6,769$3,633$1,903$453
47 years$20,318$11,635$6,360$3,356$1,728$397
48 years$19,668$11,107$5,976$3,101$1,570$347
49 years$19,047$10,607$5,617$2,866$1,426$303
50 years$18,453$10,132$5,281$2,649$1,295$265

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 $5,126 every year, while hoping to spend $38,813 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: 47/38/15 Blend
50$18,900,000$18,900,000$18,900,000$18,900,000
51$20,833,087$19,831,387$19,538,437$21,724,045
52$22,916,766$20,761,829$20,151,678$23,272,560
53$25,211,678$21,736,561$20,784,162$24,947,879
54$27,739,330$22,757,713$21,436,492$26,765,326
55$30,523,418$23,827,517$22,109,291$28,738,161
56$33,590,056$24,948,314$22,803,201$30,880,943
57$36,968,017$26,122,558$23,518,885$33,209,656
58$40,689,012$27,352,820$24,257,024$35,741,854
59$44,787,982$28,641,799$25,018,325$38,496,820
60$49,303,430$29,992,321$25,803,513$41,495,736
61$54,277,786$31,407,351$26,613,337$44,761,876
62$59,757,808$32,889,999$27,448,571$48,320,816
63$65,795,017$34,443,522$28,310,011$52,200,666
64$72,446,193$36,071,338$29,198,480$56,432,321
65$79,773,900$37,777,030$30,114,825$61,049,749
66$87,847,088$39,564,353$31,059,921$66,090,291
67$96,741,732$41,437,248$32,034,670$71,595,010
68$106,541,558$43,399,843$33,040,001$77,609,062
69$117,338,830$45,456,468$34,076,874$84,182,107
70$129,235,220$47,611,664$35,146,279$91,368,770
71$142,342,768$49,870,192$36,249,235$99,229,136
72$156,784,941$52,237,042$37,386,795$107,829,307
73$172,697,797$54,717,449$38,560,044$117,242,007
74$190,231,269$57,316,901$39,770,103$127,547,255
75$209,550,582$60,041,152$41,018,124$138,833,100
76$230,837,810$62,896,237$42,305,300$151,196,435
77$254,293,596$65,888,483$43,632,858$164,743,895
78$280,139,049$69,024,524$45,002,064$179,592,841
79$308,617,824$72,311,317$46,414,225$195,872,448
80$339,998,428$75,756,158$47,870,688$213,724,904
81$374,576,755$79,366,697$49,372,843$233,306,729
82$412,678,872$83,150,954$50,922,122$254,790,226
83$454,664,108$87,117,341$52,520,004$278,365,088
84$500,928,435$91,274,679$54,168,012$304,240,158
85$551,908,214$95,632,217$55,867,719$332,645,375
86$608,084,311$100,199,654$57,620,746$363,833,916
87$669,986,635$104,987,162$59,428,766$398,084,558
88$738,199,145$110,005,406$61,293,503$435,704,274
89$813,365,358$115,265,571$63,216,735$477,031,103
90$896,194,426$120,779,386$65,200,298$522,437,303
91$987,467,832$126,559,150$67,246,082$572,332,831
92$1,088,046,766$132,617,763$69,356,040$627,169,176
93$1,198,880,252$138,968,750$71,532,184$687,443,581
94$1,321,014,115$145,626,296$73,776,589$753,703,696
95$1,455,600,846$152,605,276$76,091,396$826,552,704
96$1,603,910,487$159,921,289$78,478,813$906,654,972
97$1,767,342,620$167,590,696$80,941,117$994,742,272
98$1,947,439,579$175,630,651$83,480,655$1,091,620,646
99$2,145,901,009$184,059,146$86,099,851$1,198,177,955
100$2,364,599,917$192,895,050$88,801,201$1,315,392,212