Can I retire at age 51 with 19,200,000?

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 $19,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$1,585,518$1,571,395$1,557,616$1,544,167$1,531,035$1,508,778
2 years$784,910$770,292$756,124$742,388$729,064$706,688
3 years$518,075$503,394$489,263$475,655$462,548$440,748
4 years$384,684$370,048$356,058$342,683$329,893$308,837
5 years$304,671$290,122$276,316$263,213$250,780$230,528
6 years$251,346$236,907$223,304$210,494$198,433$179,010
7 years$213,271$198,954$185,567$173,059$161,380$142,792
8 years$184,728$170,540$157,375$145,175$133,880$116,125
9 years$162,540$148,486$135,547$123,656$112,746$95,815
10 years$144,800$130,883$118,173$106,593$96,065$79,946
11 years$130,295$116,517$104,038$92,768$82,619$67,295
12 years$118,216$104,580$92,331$81,370$71,596$57,049
13 years$108,003$94,510$82,492$71,837$62,433$48,643
14 years$99,257$85,907$74,119$63,769$54,729$41,673
15 years$91,683$78,477$66,919$56,871$48,187$35,844
16 years$85,063$72,001$60,672$50,922$42,588$30,933
17 years$79,228$66,311$55,209$45,753$37,762$26,771
18 years$74,047$61,274$50,399$41,233$33,576$23,223
19 years$69,417$56,788$46,138$37,257$29,927$20,187
20 years$65,255$52,770$42,343$33,743$26,731$17,579
21 years$61,494$49,153$38,947$30,624$23,921$15,331
22 years$58,080$45,883$35,896$27,845$21,442$13,387
23 years$54,967$42,913$33,144$25,359$19,248$11,704
24 years$52,118$40,207$30,652$23,128$17,300$10,242
25 years$49,501$37,732$28,390$21,122$15,568$8,970
26 years$47,089$35,462$26,330$19,313$14,023$7,862
27 years$44,859$33,374$24,450$17,678$12,643$6,895
28 years$42,793$31,448$22,730$16,197$11,408$6,050
29 years$40,872$29,668$21,152$14,853$10,301$5,312
30 years$39,083$28,018$19,702$13,631$9,308$4,666
31 years$37,412$26,486$18,368$12,519$8,415$4,100
32 years$35,850$25,062$17,137$11,505$7,612$3,603
33 years$34,384$23,734$16,001$10,580$6,889$3,168
34 years$33,008$22,494$14,951$9,735$6,237$2,786
35 years$31,714$21,335$13,978$8,961$5,649$2,451
36 years$30,494$20,250$13,076$8,253$5,118$2,156
37 years$29,343$19,233$12,239$7,604$4,639$1,897
38 years$28,255$18,278$11,461$7,009$4,206$1,670
39 years$27,225$17,381$10,738$6,463$3,814$1,470
40 years$26,249$16,537$10,065$5,961$3,459$1,294
41 years$25,324$15,741$9,437$5,500$3,138$1,139
42 years$24,444$14,991$8,853$5,075$2,848$1,003
43 years$23,608$14,284$8,307$4,685$2,584$883
44 years$22,812$13,615$7,798$4,326$2,346$778
45 years$22,054$12,984$7,322$3,995$2,130$685
46 years$21,331$12,386$6,877$3,690$1,934$603
47 years$20,640$11,820$6,460$3,410$1,756$531
48 years$19,980$11,284$6,071$3,151$1,595$468
49 years$19,350$10,775$5,706$2,912$1,448$412
50 years$18,746$10,293$5,365$2,691$1,315$363

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $19,200,000, adding $5,460 every year, while hoping to spend $36,257 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: 69/7/24 Blend
50$19,200,000$19,200,000$19,200,000$19,200,000
51$21,164,032$20,146,432$19,848,832$22,494,902
52$23,284,186$21,095,030$20,475,191$24,335,661
53$25,619,381$22,088,894$21,121,317$26,344,641
54$28,191,512$23,130,204$21,787,836$28,542,327
55$31,024,707$24,221,245$22,475,389$30,947,394
56$34,145,555$25,364,414$23,184,642$33,580,399
57$37,583,353$26,562,222$23,916,280$36,463,975
58$41,370,388$27,817,304$24,671,008$39,623,041
59$45,542,237$29,132,421$25,449,556$43,085,031
60$50,138,105$30,510,469$26,252,676$46,880,156
61$55,201,193$31,954,484$27,081,142$51,041,682
62$60,779,111$33,467,649$27,935,756$55,606,240
63$66,924,318$35,053,302$28,817,342$60,614,172
64$73,694,628$36,714,944$29,726,752$66,109,904
65$81,153,746$38,456,242$30,664,865$72,142,366
66$89,371,876$40,281,045$31,632,585$78,765,445
67$98,426,379$42,193,388$32,630,849$86,038,494
68$108,402,506$44,197,501$33,660,619$94,026,886
69$119,394,203$46,297,819$34,722,890$102,802,628
70$131,504,993$48,498,994$35,818,689$112,445,034
71$144,848,961$50,805,903$36,949,073$123,041,470
72$159,551,822$53,223,660$38,115,135$134,688,177
73$175,752,116$55,757,627$39,318,000$147,491,170
74$193,602,510$58,413,429$40,558,830$161,567,234
75$213,271,239$61,196,960$41,838,824$177,045,023
76$234,943,698$64,114,404$43,159,218$194,066,269
77$258,824,191$67,172,245$44,521,287$212,787,112
78$285,137,855$70,377,282$45,926,347$233,379,569
79$314,132,791$73,736,644$47,375,755$256,033,151
80$346,082,403$77,257,807$48,870,910$280,956,644
81$381,287,980$80,948,611$50,413,257$308,380,077
82$420,081,539$84,817,278$52,004,286$338,556,882
83$462,828,959$88,872,428$53,645,533$371,766,283
84$509,933,438$93,123,102$55,338,583$408,315,918
85$561,839,296$97,578,780$57,085,073$448,544,742
86$619,036,169$102,249,406$58,886,688$492,826,214
87$682,063,635$107,145,404$60,745,169$541,571,815
88$751,516,305$112,277,707$62,662,311$595,234,923
89$828,049,436$117,657,783$64,639,966$654,315,086
90$912,385,118$123,297,654$66,680,044$719,362,721
91$1,005,319,090$129,209,929$68,784,516$790,984,310
92$1,107,728,255$135,407,833$70,955,415$869,848,106
93$1,220,578,952$141,905,232$73,194,837$956,690,434
94$1,344,936,087$148,716,671$75,504,946$1,052,322,630
95$1,481,973,180$155,857,399$77,887,973$1,157,638,690
96$1,632,983,444$163,343,411$80,346,220$1,273,623,694
97$1,799,391,999$171,191,482$82,882,062$1,401,363,094
98$1,982,769,320$179,419,202$85,497,948$1,542,052,949
99$2,184,846,067$188,045,020$88,196,406$1,697,011,199
100$2,407,529,422$197,088,282$90,980,042$1,867,690,096