Can I retire at age 51 with 19,100,000?

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 $19,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,479,645
2 years$780,822$766,280$752,186$738,521$725,267$681,864
3 years$515,377$500,772$486,714$473,178$460,139$418,109
4 years$382,681$368,121$354,203$340,898$328,175$287,840
5 years$303,084$288,611$274,876$261,842$249,474$210,944
6 years$250,036$235,673$222,141$209,397$197,400$160,711
7 years$212,160$197,918$184,600$172,157$160,539$125,692
8 years$183,766$169,652$156,556$144,418$133,183$100,157
9 years$161,694$147,712$134,841$123,012$112,159$80,923
10 years$144,046$130,201$117,558$106,038$95,565$66,076
11 years$129,616$115,911$103,496$92,285$82,189$54,399
12 years$117,600$104,035$91,850$80,946$71,223$45,078
13 years$107,440$94,017$82,062$71,463$62,108$37,551
14 years$98,740$85,459$73,733$63,437$54,444$31,413
15 years$91,206$78,068$66,571$56,575$47,936$26,370
16 years$84,620$71,626$60,356$50,657$42,366$22,201
17 years$78,815$65,965$54,922$45,515$37,565$18,735
18 years$73,661$60,955$50,137$41,018$33,401$15,841
19 years$69,055$56,492$45,898$37,063$29,771$13,417
20 years$64,915$52,495$42,123$33,568$26,592$11,379
21 years$61,174$48,897$38,745$30,465$23,797$9,662
22 years$57,777$45,644$35,709$27,700$21,331$8,212
23 years$54,681$42,690$32,971$25,226$19,148$6,986
24 years$51,846$39,998$30,493$23,008$17,210$5,947
25 years$49,243$37,536$28,242$21,012$15,487$5,065
26 years$46,843$35,278$26,193$19,213$13,950$4,317
27 years$44,626$33,200$24,323$17,586$12,577$3,680
28 years$42,570$31,284$22,611$16,112$11,348$3,139
29 years$40,659$29,513$21,042$14,775$10,247$2,678
30 years$38,879$27,872$19,600$13,560$9,259$2,285
31 years$37,218$26,348$18,272$12,454$8,371$1,951
32 years$35,663$24,931$17,048$11,445$7,572$1,665
33 years$34,205$23,610$15,918$10,525$6,853$1,422
34 years$32,836$22,377$14,873$9,684$6,205$1,214
35 years$31,549$21,224$13,905$8,915$5,620$1,037
36 years$30,335$20,145$13,008$8,210$5,092$886
37 years$29,190$19,133$12,175$7,564$4,615$757
38 years$28,108$18,183$11,401$6,972$4,184$647
39 years$27,083$17,290$10,682$6,429$3,794$552
40 years$26,113$16,450$10,012$5,930$3,441$472
41 years$25,192$15,659$9,388$5,471$3,122$403
42 years$24,317$14,913$8,806$5,049$2,833$345
43 years$23,485$14,209$8,264$4,661$2,571$295
44 years$22,694$13,545$7,757$4,303$2,334$252
45 years$21,939$12,916$7,283$3,974$2,119$215
46 years$21,220$12,321$6,841$3,671$1,924$184
47 years$20,533$11,758$6,427$3,392$1,747$157
48 years$19,876$11,225$6,039$3,134$1,586$134
49 years$19,249$10,719$5,677$2,896$1,441$115
50 years$18,648$10,239$5,337$2,677$1,309$98

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $19,100,000, adding $3,514 every year, while hoping to spend $49,326 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: 44/44/12 Blend
50$19,100,000$19,100,000$19,100,000$19,100,000
51$21,051,825$20,039,525$19,743,475$21,905,382
52$23,146,628$20,968,979$20,352,399$23,429,581
53$25,453,449$21,942,323$20,980,068$25,075,329
54$27,993,860$22,961,656$21,627,060$26,857,967
55$30,791,633$24,029,177$22,293,966$28,790,110
56$33,872,966$25,147,193$22,981,400$30,885,601
57$37,266,722$26,318,119$23,689,991$33,159,630
58$41,004,711$27,544,491$24,420,389$35,628,870
59$45,121,984$28,828,963$25,173,264$38,311,627
60$49,657,165$30,174,320$25,949,307$41,227,998
61$54,652,815$31,583,482$26,749,228$44,400,057
62$60,155,836$33,059,506$27,573,761$47,852,048
63$66,217,911$34,605,602$28,423,662$51,610,606
64$72,895,993$36,225,130$29,299,709$55,704,995
65$80,252,840$37,921,618$30,202,705$60,167,372
66$88,357,611$39,698,758$31,133,477$65,033,080
67$97,286,517$41,560,427$32,092,878$70,340,964
68$107,123,538$43,510,685$33,081,787$76,133,730
69$117,961,221$45,553,790$34,101,108$82,458,329
70$129,901,546$47,694,207$35,151,776$89,366,386
71$143,056,896$49,936,615$36,234,752$96,914,671
72$157,551,110$52,285,920$37,351,028$105,165,622
73$173,520,661$54,747,268$38,501,625$114,187,911
74$191,115,935$57,326,050$39,687,596$124,057,078
75$210,502,656$60,027,922$40,910,026$134,856,224
76$231,863,449$62,858,813$42,170,034$146,676,775
77$255,399,563$65,824,936$43,468,772$159,619,324
78$281,332,770$68,932,810$44,807,428$173,794,561
79$309,907,462$72,189,268$46,187,226$189,324,292
80$341,392,954$75,601,472$47,609,428$206,342,564
81$376,086,025$79,176,934$49,075,334$224,996,911
82$414,313,726$82,923,531$50,586,285$245,449,712
83$456,436,461$86,849,518$52,143,660$267,879,704
84$502,851,391$90,963,556$53,748,884$292,483,634
85$553,996,184$95,274,721$55,403,422$319,478,093
86$610,353,145$99,792,532$57,108,787$349,101,521
87$672,453,771$104,526,971$58,866,536$381,616,430
88$740,883,765$109,488,503$60,678,275$417,311,847
89$816,288,570$114,688,100$62,545,658$456,506,004
90$899,379,457$120,137,270$64,470,390$499,549,304
91$990,940,242$125,848,076$66,454,228$546,827,591
92$1,091,834,685$131,833,171$68,498,984$598,765,750
93$1,203,014,646$138,105,819$70,606,523$655,831,673
94$1,325,529,067$144,679,931$72,778,768$718,540,629
95$1,460,533,876$151,570,093$75,017,702$787,460,086
96$1,609,302,903$158,791,599$77,325,366$863,215,008
97$1,773,239,900$166,360,487$79,703,866$946,493,713
98$1,953,891,795$174,293,577$82,155,372$1,038,054,307
99$2,152,963,299$182,608,503$84,682,117$1,138,731,787
100$2,372,332,994$191,323,758$87,286,407$1,249,445,863