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

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 $19,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,483,833
2 years$780,822$766,280$752,186$738,521$725,267$686,007
3 years$515,377$500,772$486,714$473,178$460,139$422,075
4 years$382,681$368,121$354,203$340,898$328,175$291,599
5 years$303,084$288,611$274,876$261,842$249,474$214,487
6 years$250,036$235,673$222,141$209,397$197,400$164,038
7 years$212,160$197,918$184,600$172,157$160,539$128,803
8 years$183,766$169,652$156,556$144,418$133,183$103,059
9 years$161,694$147,712$134,841$123,012$112,159$83,621
10 years$144,046$130,201$117,558$106,038$95,565$68,578
11 years$129,616$115,911$103,496$92,285$82,189$56,713
12 years$117,600$104,035$91,850$80,946$71,223$47,213
13 years$107,440$94,017$82,062$71,463$62,108$39,514
14 years$98,740$85,459$73,733$63,437$54,444$33,216
15 years$91,206$78,068$66,571$56,575$47,936$28,021
16 years$84,620$71,626$60,356$50,657$42,366$23,709
17 years$78,815$65,965$54,922$45,515$37,565$20,110
18 years$73,661$60,955$50,137$41,018$33,401$17,092
19 years$69,055$56,492$45,898$37,063$29,771$14,552
20 years$64,915$52,495$42,123$33,568$26,592$12,408
21 years$61,174$48,897$38,745$30,465$23,797$10,593
22 years$57,777$45,644$35,709$27,700$21,331$9,053
23 years$54,681$42,690$32,971$25,226$19,148$7,743
24 years$51,846$39,998$30,493$23,008$17,210$6,628
25 years$49,243$37,536$28,242$21,012$15,487$5,677
26 years$46,843$35,278$26,193$19,213$13,950$4,866
27 years$44,626$33,200$24,323$17,586$12,577$4,172
28 years$42,570$31,284$22,611$16,112$11,348$3,579
29 years$40,659$29,513$21,042$14,775$10,247$3,071
30 years$38,879$27,872$19,600$13,560$9,259$2,636
31 years$37,218$26,348$18,272$12,454$8,371$2,263
32 years$35,663$24,931$17,048$11,445$7,572$1,943
33 years$34,205$23,610$15,918$10,525$6,853$1,669
34 years$32,836$22,377$14,873$9,684$6,205$1,434
35 years$31,549$21,224$13,905$8,915$5,620$1,232
36 years$30,335$20,145$13,008$8,210$5,092$1,058
37 years$29,190$19,133$12,175$7,564$4,615$909
38 years$28,108$18,183$11,401$6,972$4,184$782
39 years$27,083$17,290$10,682$6,429$3,794$672
40 years$26,113$16,450$10,012$5,930$3,441$577
41 years$25,192$15,659$9,388$5,471$3,122$496
42 years$24,317$14,913$8,806$5,049$2,833$427
43 years$23,485$14,209$8,264$4,661$2,571$367
44 years$22,694$13,545$7,757$4,303$2,334$315
45 years$21,939$12,916$7,283$3,974$2,119$271
46 years$21,220$12,321$6,841$3,671$1,924$233
47 years$20,533$11,758$6,427$3,392$1,747$200
48 years$19,876$11,225$6,039$3,134$1,586$172
49 years$19,249$10,719$5,677$2,896$1,441$148
50 years$18,648$10,239$5,337$2,677$1,309$127

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 $4,757 every year, while hoping to spend $30,955 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: 41/31/28 Blend
50$19,100,000$19,100,000$19,100,000$19,100,000
51$21,053,107$20,040,807$19,744,757$21,742,697
52$23,167,588$20,989,871$20,373,270$23,191,079
53$25,496,708$21,984,401$21,021,802$24,754,575
54$28,062,329$23,026,593$21,690,988$26,446,404
55$30,888,539$24,118,749$22,381,489$28,278,391
56$34,001,884$25,263,281$23,093,983$30,263,510
57$37,431,616$26,462,721$23,829,171$32,416,004
58$41,209,969$27,719,723$24,587,776$34,751,509
59$45,372,464$29,037,067$25,370,545$37,287,196
60$49,958,244$30,417,673$26,178,247$40,041,921
61$55,010,445$31,864,599$27,011,678$43,036,398
62$60,576,599$33,381,052$27,871,657$46,293,385
63$66,709,085$34,970,397$28,759,031$49,837,886
64$73,465,626$36,636,160$29,674,673$53,697,381
65$80,909,828$38,382,041$30,619,483$57,902,073
66$89,111,787$40,211,917$31,594,392$62,485,162
67$98,148,744$42,129,856$32,600,359$67,483,147
68$108,105,818$44,140,121$33,638,373$72,936,161
69$119,076,810$46,247,186$34,709,457$78,888,334
70$131,165,085$48,455,738$35,814,665$85,388,199
71$144,484,552$50,770,697$36,955,084$92,489,137
72$159,160,733$53,197,219$38,131,836$100,249,863
73$175,331,956$55,740,711$39,346,081$108,734,969
74$193,150,654$58,406,844$40,599,013$118,015,519
75$212,784,806$61,201,565$41,891,866$128,169,699
76$234,419,525$64,131,110$43,225,912$139,283,543
77$258,258,801$67,202,019$44,602,464$151,451,725
78$284,527,431$70,421,150$46,022,879$164,778,435
79$313,473,137$73,795,694$47,488,553$179,378,344
80$345,368,908$77,333,194$49,000,931$195,377,662
81$380,515,575$81,041,559$50,561,501$212,915,314
82$419,244,653$84,929,084$52,171,800$232,144,228
83$461,921,465$89,004,467$53,833,413$253,232,751
84$508,948,599$93,276,831$55,547,976$276,366,221
85$560,769,701$97,755,741$57,317,179$301,748,686
86$617,873,669$102,451,230$59,142,763$329,604,806
87$680,799,264$107,373,821$61,026,526$360,181,947
88$750,140,197$112,534,547$62,970,323$393,752,483
89$826,550,737$117,944,979$64,976,069$430,616,345
90$910,751,884$123,617,255$67,045,738$471,103,812
91$1,003,538,176$129,564,100$69,181,370$515,578,603
92$1,105,785,192$135,798,863$71,385,069$564,441,269
93$1,218,457,817$142,335,543$73,659,004$618,132,947
94$1,342,619,349$149,188,819$76,005,415$677,139,478
95$1,479,441,541$156,374,090$78,426,615$741,995,959
96$1,630,215,660$163,907,502$80,924,988$813,291,752
97$1,796,364,677$171,805,990$83,502,996$891,676,004
98$1,979,456,706$180,087,315$86,163,178$977,863,730
99$2,181,219,801$188,770,104$88,908,155$1,072,642,516
100$2,403,558,275$197,873,893$91,740,632$1,176,879,904