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

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 $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%19.1%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,459,589
2 years$776,734$762,268$748,248$734,655$721,470$666,175
3 years$512,679$498,150$484,166$470,701$457,730$404,376
4 years$380,677$366,193$352,349$339,113$326,457$275,452
5 years$301,497$287,100$273,437$260,471$248,167$199,643
6 years$248,727$234,439$220,978$208,301$196,366$150,359
7 years$211,050$196,881$183,634$171,256$159,698$116,196
8 years$182,804$168,764$155,736$143,662$132,485$91,449
9 years$160,847$146,939$134,135$122,368$111,572$72,946
10 years$143,292$129,520$116,942$105,483$95,065$58,781
11 years$128,937$115,304$102,954$91,802$81,759$47,740
12 years$116,984$103,490$91,369$80,522$70,850$39,013
13 years$106,878$93,525$81,632$71,089$61,783$32,037
14 years$98,223$85,012$73,347$63,105$54,159$26,413
15 years$90,728$77,660$66,222$56,279$47,686$21,845
16 years$84,177$71,251$60,040$50,391$42,145$18,114
17 years$78,403$65,620$54,634$45,276$37,368$15,052
18 years$73,276$60,636$49,874$40,803$33,226$12,530
19 years$68,694$56,197$45,657$36,869$29,615$10,445
20 years$64,575$52,221$41,902$33,392$26,453$8,718
21 years$60,853$48,641$38,542$30,305$23,672$7,283
22 years$57,475$45,405$35,522$27,554$21,219$6,090
23 years$54,394$42,466$32,798$25,094$19,047$5,095
24 years$51,575$39,788$30,333$22,888$17,120$4,266
25 years$48,985$37,339$28,094$20,902$15,406$3,573
26 years$46,598$35,093$26,056$19,112$13,877$2,994
27 years$44,392$33,026$24,195$17,494$12,511$2,509
28 years$42,347$31,121$22,493$16,028$11,289$2,104
29 years$40,446$29,359$20,931$14,698$10,194$1,764
30 years$38,676$27,726$19,497$13,489$9,211$1,480
31 years$37,023$26,211$18,176$12,389$8,327$1,241
32 years$35,476$24,800$16,959$11,385$7,533$1,042
33 years$34,026$23,486$15,835$10,470$6,817$874
34 years$32,665$22,260$14,795$9,633$6,172$734
35 years$31,384$21,113$13,832$8,868$5,590$616
36 years$30,176$20,039$12,940$8,167$5,065$517
37 years$29,037$19,033$12,111$7,525$4,591$434
38 years$27,961$18,088$11,342$6,936$4,162$364
39 years$26,942$17,200$10,626$6,395$3,774$306
40 years$25,976$16,364$9,960$5,899$3,423$257
41 years$25,060$15,577$9,339$5,442$3,106$215
42 years$24,190$14,835$8,760$5,023$2,818$181
43 years$23,362$14,135$8,220$4,636$2,558$152
44 years$22,575$13,474$7,716$4,281$2,321$127
45 years$21,824$12,848$7,245$3,954$2,107$107
46 years$21,108$12,257$6,805$3,652$1,913$90
47 years$20,425$11,697$6,393$3,374$1,738$75
48 years$19,772$11,166$6,008$3,118$1,578$63
49 years$19,148$10,663$5,647$2,881$1,433$53
50 years$18,551$10,186$5,309$2,663$1,302$45

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 $2,488 every year, while hoping to spend $29,823 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: 47/41/12 Blend
50$19,000,000$19,000,000$19,000,000$19,000,000
51$20,940,566$19,933,566$19,639,066$21,854,637
52$23,044,773$20,878,580$20,265,244$23,431,060
53$25,362,609$21,868,899$20,911,398$25,137,694
54$27,915,833$22,906,713$21,578,168$26,989,232
55$30,728,422$23,994,317$22,266,211$28,999,159
56$33,826,799$25,134,116$22,976,207$31,182,281
57$37,240,078$26,328,633$23,708,856$33,554,850
58$41,000,345$27,580,515$24,464,881$36,134,711
59$45,142,954$28,892,535$25,245,029$38,941,461
60$49,706,869$30,267,602$26,050,071$41,996,628
61$54,735,021$31,708,766$26,880,800$45,323,859
62$60,274,724$33,219,226$27,738,037$48,949,136
63$66,378,113$34,802,336$28,622,629$52,901,011
64$73,102,642$36,461,612$29,535,449$57,210,861
65$80,511,623$38,200,742$30,477,397$61,913,176
66$88,674,824$40,023,594$31,449,406$67,045,871
67$97,669,129$41,934,223$32,452,433$72,650,630
68$107,579,261$43,936,880$33,487,471$78,773,286
69$118,498,584$46,036,027$34,555,540$85,464,243
70$130,529,985$48,236,338$35,657,696$92,778,930
71$143,786,843$50,542,717$36,795,028$100,778,315
72$158,394,098$52,960,307$37,968,658$109,529,461
73$174,489,434$55,494,500$39,179,747$119,106,144
74$192,224,577$58,150,952$40,429,489$129,589,529
75$211,766,728$60,935,592$41,719,121$141,068,919
76$233,300,138$63,854,640$43,049,915$153,642,579
77$257,027,852$66,914,617$44,423,187$167,418,641
78$283,173,622$70,122,363$45,840,293$182,516,107
79$311,984,022$73,485,050$47,302,634$199,065,944
80$343,730,774$77,010,199$48,811,654$217,212,303
81$378,713,313$80,705,698$50,368,843$237,113,851
82$417,261,613$84,579,819$51,975,742$258,945,243
83$459,739,305$88,641,239$53,633,938$282,898,747
84$506,547,108$92,899,053$55,345,068$309,186,026
85$558,126,611$97,362,804$57,110,825$338,040,112
86$614,964,441$102,042,497$58,932,954$369,717,567
87$677,596,860$106,948,626$60,813,254$404,500,881
88$746,614,827$112,092,195$62,753,585$442,701,098
89$822,669,573$117,484,747$64,755,864$484,660,719
90$906,478,755$123,138,385$66,822,071$530,756,897
91$998,833,225$129,065,803$68,954,248$581,404,961
92$1,100,604,501$135,280,314$71,154,502$637,062,292
93$1,212,752,991$141,795,880$73,425,008$698,232,598
94$1,336,337,062$148,627,145$75,768,012$765,470,626
95$1,472,523,031$155,789,463$78,185,829$839,387,351
96$1,622,596,176$163,298,943$80,680,850$920,655,694
97$1,787,972,870$171,172,475$83,255,542$1,010,016,821
98$1,970,213,950$179,427,774$85,912,451$1,108,287,088
99$2,171,039,458$188,083,420$88,654,203$1,216,365,690
100$2,392,344,874$197,158,898$91,483,510$1,335,243,090