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%16.6%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,482,034
2 years$780,822$766,280$752,186$738,521$725,267$684,226
3 years$515,377$500,772$486,714$473,178$460,139$420,369
4 years$382,681$368,121$354,203$340,898$328,175$289,981
5 years$303,084$288,611$274,876$261,842$249,474$212,961
6 years$250,036$235,673$222,141$209,397$197,400$162,603
7 years$212,160$197,918$184,600$172,157$160,539$127,460
8 years$183,766$169,652$156,556$144,418$133,183$101,805
9 years$161,694$147,712$134,841$123,012$112,159$82,454
10 years$144,046$130,201$117,558$106,038$95,565$67,495
11 years$129,616$115,911$103,496$92,285$82,189$55,710
12 years$117,600$104,035$91,850$80,946$71,223$46,286
13 years$107,440$94,017$82,062$71,463$62,108$38,661
14 years$98,740$85,459$73,733$63,437$54,444$32,431
15 years$91,206$78,068$66,571$56,575$47,936$27,302
16 years$84,620$71,626$60,356$50,657$42,366$23,051
17 years$78,815$65,965$54,922$45,515$37,565$19,509
18 years$73,661$60,955$50,137$41,018$33,401$16,545
19 years$69,055$56,492$45,898$37,063$29,771$14,055
20 years$64,915$52,495$42,123$33,568$26,592$11,957
21 years$61,174$48,897$38,745$30,465$23,797$10,184
22 years$57,777$45,644$35,709$27,700$21,331$8,683
23 years$54,681$42,690$32,971$25,226$19,148$7,409
24 years$51,846$39,998$30,493$23,008$17,210$6,327
25 years$49,243$37,536$28,242$21,012$15,487$5,407
26 years$46,843$35,278$26,193$19,213$13,950$4,623
27 years$44,626$33,200$24,323$17,586$12,577$3,954
28 years$42,570$31,284$22,611$16,112$11,348$3,383
29 years$40,659$29,513$21,042$14,775$10,247$2,896
30 years$38,879$27,872$19,600$13,560$9,259$2,480
31 years$37,218$26,348$18,272$12,454$8,371$2,123
32 years$35,663$24,931$17,048$11,445$7,572$1,819
33 years$34,205$23,610$15,918$10,525$6,853$1,558
34 years$32,836$22,377$14,873$9,684$6,205$1,335
35 years$31,549$21,224$13,905$8,915$5,620$1,144
36 years$30,335$20,145$13,008$8,210$5,092$981
37 years$29,190$19,133$12,175$7,564$4,615$841
38 years$28,108$18,183$11,401$6,972$4,184$721
39 years$27,083$17,290$10,682$6,429$3,794$618
40 years$26,113$16,450$10,012$5,930$3,441$530
41 years$25,192$15,659$9,388$5,471$3,122$454
42 years$24,317$14,913$8,806$5,049$2,833$389
43 years$23,485$14,209$8,264$4,661$2,571$334
44 years$22,694$13,545$7,757$4,303$2,334$286
45 years$21,939$12,916$7,283$3,974$2,119$245
46 years$21,220$12,321$6,841$3,671$1,924$210
47 years$20,533$11,758$6,427$3,392$1,747$180
48 years$19,876$11,225$6,039$3,134$1,586$155
49 years$19,249$10,719$5,677$2,896$1,441$133
50 years$18,648$10,239$5,337$2,677$1,309$114

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 $3,119 every year, while hoping to spend $41,983 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: 58/23/19 Blend
50$19,100,000$19,100,000$19,100,000$19,100,000
51$21,051,417$20,039,117$19,743,067$22,166,662
52$23,153,992$20,976,364$20,359,790$23,861,454
53$25,469,623$21,958,130$20,995,767$25,703,374
54$28,019,996$22,986,550$21,651,597$27,710,491
55$30,829,011$24,063,866$22,327,900$29,898,742
56$33,923,000$25,192,425$23,025,315$32,285,651
57$37,330,984$26,374,692$23,744,501$34,890,488
58$41,084,938$27,613,246$24,486,136$37,734,449
59$45,220,102$28,910,795$25,250,921$40,840,847
60$49,775,303$30,270,175$26,039,578$44,235,326
61$54,793,332$31,694,361$26,852,852$47,946,100
62$60,321,340$33,186,473$27,691,510$52,004,209
63$66,411,286$34,749,779$28,556,345$56,443,808
64$73,120,427$36,387,708$29,448,173$61,302,482
65$80,511,859$38,103,854$30,367,835$66,621,590
66$88,655,111$39,901,986$31,316,200$72,446,654
67$97,626,802$41,786,054$32,294,163$78,827,774
68$107,511,366$43,760,200$33,302,647$85,820,097
69$118,401,844$45,828,768$34,342,604$93,484,327
70$130,400,767$47,996,313$35,415,016$101,887,289
71$143,621,121$50,267,608$36,520,895$111,102,551
72$158,187,414$52,647,660$37,661,284$121,211,105
73$174,236,853$55,141,718$38,837,260$132,302,127
74$191,920,636$57,755,286$40,049,932$144,473,803
75$211,405,381$60,494,135$41,300,445$157,834,245
76$232,874,698$63,364,316$42,589,978$172,502,503
77$256,530,924$66,372,174$43,919,749$188,609,670
78$282,597,029$69,524,361$45,291,011$206,300,112
79$311,318,726$72,827,855$46,705,060$225,732,817
80$342,966,784$76,289,968$48,163,228$247,082,878
81$377,839,592$79,918,372$49,666,892$270,543,131
82$416,265,967$83,721,109$51,217,470$296,325,964
83$458,608,265$87,706,613$52,816,424$324,665,302
84$505,265,797$91,883,726$54,465,263$355,818,799
85$556,678,601$96,261,721$56,165,542$390,070,253
86$613,331,595$100,850,322$57,918,865$427,732,264
87$675,759,156$105,659,726$59,726,885$469,149,171
88$744,550,161$110,700,624$61,591,307$514,700,275
89$820,353,552$115,984,229$63,513,890$564,803,403
90$903,884,456$121,522,298$65,496,447$619,918,831
91$995,930,939$127,327,159$67,540,847$680,553,600
92$1,097,361,447$133,411,743$69,649,017$747,266,284
93$1,209,133,002$139,789,605$71,822,947$820,672,235
94$1,332,300,237$146,474,965$74,064,684$901,449,366
95$1,468,025,354$153,482,731$76,376,344$990,344,522
96$1,617,589,093$160,828,537$78,760,104$1,088,180,501
97$1,782,402,826$168,528,781$81,218,213$1,195,863,794
98$1,964,021,878$176,600,656$83,752,987$1,314,393,106
99$2,164,160,214$185,062,192$86,366,817$1,444,868,754
100$2,384,706,615$193,932,298$89,062,164$1,588,503,019