Can I retire at age 51 with 19,000,000?

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 $19,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,493,679
2 years$776,734$762,268$748,248$734,655$721,470$699,943
3 years$512,679$498,150$484,166$470,701$457,730$436,754
4 years$380,677$366,193$352,349$339,113$326,457$306,193
5 years$301,497$287,100$273,437$260,471$248,167$228,674
6 years$248,727$234,439$220,978$208,301$196,366$177,667
7 years$211,050$196,881$183,634$171,256$159,698$141,799
8 years$182,804$168,764$155,736$143,662$132,485$115,384
9 years$160,847$146,939$134,135$122,368$111,572$95,260
10 years$143,292$129,520$116,942$105,483$95,065$79,531
11 years$128,937$115,304$102,954$91,802$81,759$66,988
12 years$116,984$103,490$91,369$80,522$70,850$56,825
13 years$106,878$93,525$81,632$71,089$61,783$48,484
14 years$98,223$85,012$73,347$63,105$54,159$41,565
15 years$90,728$77,660$66,222$56,279$47,686$35,775
16 years$84,177$71,251$60,040$50,391$42,145$30,895
17 years$78,403$65,620$54,634$45,276$37,368$26,757
18 years$73,276$60,636$49,874$40,803$33,226$23,228
19 years$68,694$56,197$45,657$36,869$29,615$20,206
20 years$64,575$52,221$41,902$33,392$26,453$17,608
21 years$60,853$48,641$38,542$30,305$23,672$15,368
22 years$57,475$45,405$35,522$27,554$21,219$13,430
23 years$54,394$42,466$32,798$25,094$19,047$11,750
24 years$51,575$39,788$30,333$22,888$17,120$10,290
25 years$48,985$37,339$28,094$20,902$15,406$9,019
26 years$46,598$35,093$26,056$19,112$13,877$7,911
27 years$44,392$33,026$24,195$17,494$12,511$6,944
28 years$42,347$31,121$22,493$16,028$11,289$6,099
29 years$40,446$29,359$20,931$14,698$10,194$5,359
30 years$38,676$27,726$19,497$13,489$9,211$4,711
31 years$37,023$26,211$18,176$12,389$8,327$4,142
32 years$35,476$24,800$16,959$11,385$7,533$3,644
33 years$34,026$23,486$15,835$10,470$6,817$3,207
34 years$32,665$22,260$14,795$9,633$6,172$2,822
35 years$31,384$21,113$13,832$8,868$5,590$2,485
36 years$30,176$20,039$12,940$8,167$5,065$2,188
37 years$29,037$19,033$12,111$7,525$4,591$1,927
38 years$27,961$18,088$11,342$6,936$4,162$1,697
39 years$26,942$17,200$10,626$6,395$3,774$1,495
40 years$25,976$16,364$9,960$5,899$3,423$1,317
41 years$25,060$15,577$9,339$5,442$3,106$1,161
42 years$24,190$14,835$8,760$5,023$2,818$1,023
43 years$23,362$14,135$8,220$4,636$2,558$901
44 years$22,575$13,474$7,716$4,281$2,321$795
45 years$21,824$12,848$7,245$3,954$2,107$700
46 years$21,108$12,257$6,805$3,652$1,913$617
47 years$20,425$11,697$6,393$3,374$1,738$544
48 years$19,772$11,166$6,008$3,118$1,578$480
49 years$19,148$10,663$5,647$2,881$1,433$423
50 years$18,551$10,186$5,309$2,663$1,302$373

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $19,000,000, adding $4,131 every year, while hoping to spend $25,969 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: 86/5/9 Blend
50$19,000,000$19,000,000$19,000,000$19,000,000
51$20,942,261$19,935,261$19,640,761$22,719,492
52$23,050,741$20,884,458$20,271,096$24,829,129
53$25,373,415$21,879,295$20,921,676$27,143,148
54$27,932,105$22,921,982$21,593,154$29,685,299
55$30,750,854$24,014,834$22,286,199$32,478,554
56$33,856,161$25,160,281$23,001,507$35,548,218
57$37,277,224$26,360,869$23,739,791$38,922,162
58$41,046,219$27,619,269$24,501,792$42,631,089
59$45,198,603$28,938,283$25,288,272$46,708,821
60$49,773,449$30,320,847$26,100,017$51,192,614
61$54,813,813$31,770,041$26,937,841$56,123,513
62$60,367,144$33,289,096$27,802,581$61,546,731
63$66,485,728$34,881,397$28,695,102$67,512,080
64$73,227,184$36,550,496$29,616,299$74,074,436
65$80,655,005$38,300,119$30,567,094$81,294,254
66$88,839,161$40,134,170$31,548,437$89,238,139
67$97,856,757$42,056,747$32,561,312$97,979,473
68$107,792,763$44,072,143$33,606,732$107,599,100
69$118,740,811$46,184,865$34,685,744$118,186,094
70$130,804,086$48,399,635$35,799,428$129,838,593
71$144,096,293$50,721,408$36,948,900$142,664,720
72$158,742,737$53,155,379$38,135,310$156,783,610
73$174,881,500$55,706,996$39,359,846$172,326,521
74$192,664,747$58,381,973$40,623,735$189,438,079
75$212,260,163$61,186,302$41,928,242$208,277,633
76$233,852,536$64,126,266$43,274,674$229,020,762
77$257,645,498$67,208,457$44,664,380$251,860,923
78$283,863,452$70,439,785$46,098,750$277,011,280
79$312,753,689$73,827,499$47,579,223$304,706,708
80$344,588,719$77,379,200$49,107,280$335,206,009
81$379,668,848$81,102,861$50,684,454$368,794,349
82$418,325,010$85,006,841$52,312,323$405,785,947
83$460,921,894$89,099,909$53,992,519$446,527,036
84$507,861,384$93,391,261$55,726,724$491,399,130
85$559,586,354$97,890,541$57,516,678$540,822,617
86$616,584,848$102,607,864$59,364,173$595,260,724
87$679,394,691$107,553,838$61,271,061$655,223,886
88$748,608,560$112,739,587$63,239,253$721,274,559
89$824,879,586$118,176,779$65,270,720$794,032,521
90$908,927,514$123,877,652$67,367,500$874,180,722
91$1,001,545,503$129,855,039$69,531,694$962,471,722
92$1,103,607,609$136,122,401$71,765,471$1,059,734,791
93$1,216,077,041$142,693,854$74,071,069$1,166,883,729
94$1,340,015,250$149,584,205$76,450,802$1,284,925,488
95$1,476,591,955$156,808,980$78,907,053$1,414,969,669
96$1,627,096,182$164,384,467$81,442,286$1,558,238,991
97$1,792,948,432$172,327,745$84,059,042$1,716,080,826
98$1,975,714,098$180,656,731$86,759,946$1,889,979,910
99$2,177,118,236$189,390,211$89,547,705$2,081,572,352
100$2,399,061,858$198,547,893$92,425,115$2,292,661,073