Can I retire at age 51 with 19,300,000?

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 $19,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,511,648
2 years$788,998$774,304$760,063$746,255$732,861$705,389
3 years$520,774$506,016$491,811$478,133$464,957$438,229
4 years$386,688$371,975$357,912$344,468$331,612$305,833
5 years$306,257$291,633$277,755$264,584$252,086$227,332
6 years$252,655$238,140$224,467$211,590$199,467$175,765
7 years$214,382$199,990$186,533$173,960$162,220$139,576
8 years$185,691$171,428$158,195$145,931$134,577$112,987
9 years$163,387$149,259$136,253$124,301$113,333$92,784
10 years$145,554$131,565$118,789$107,148$96,566$77,038
11 years$130,973$117,124$104,580$93,251$83,050$64,523
12 years$118,831$105,124$92,812$81,794$71,969$54,419
13 years$108,565$95,002$82,921$72,212$62,759$46,157
14 years$99,774$86,354$74,505$64,101$55,014$39,331
15 years$92,161$78,886$67,268$57,167$48,438$33,645
16 years$85,506$72,376$60,988$51,187$42,810$28,873
17 years$79,641$66,656$55,497$45,991$37,958$24,846
18 years$74,433$61,593$50,662$41,447$33,751$21,429
19 years$69,778$57,084$46,378$37,451$30,083$18,518
20 years$65,595$53,045$42,564$33,919$26,871$16,030
21 years$61,814$49,409$39,150$30,784$24,046$13,895
22 years$58,382$46,122$36,083$27,990$21,554$12,060
23 years$55,253$43,137$33,316$25,491$19,348$10,478
24 years$52,389$40,416$30,812$23,249$17,390$9,112
25 years$49,758$37,929$28,538$21,232$15,649$7,930
26 years$47,334$35,647$26,468$19,414$14,096$6,906
27 years$45,093$33,548$24,578$17,770$12,709$6,018
28 years$43,015$31,612$22,848$16,281$11,467$5,247
29 years$41,085$29,822$21,262$14,930$10,355$4,577
30 years$39,286$28,164$19,805$13,702$9,356$3,993
31 years$37,607$26,624$18,463$12,584$8,459$3,486
32 years$36,036$25,192$17,227$11,565$7,652$3,044
33 years$34,563$23,857$16,085$10,635$6,925$2,658
34 years$33,180$22,611$15,029$9,785$6,269$2,322
35 years$31,879$21,446$14,051$9,008$5,678$2,029
36 years$30,653$20,356$13,144$8,296$5,145$1,773
37 years$29,496$19,333$12,303$7,644$4,663$1,549
38 years$28,402$18,374$11,521$7,045$4,228$1,354
39 years$27,367$17,471$10,794$6,496$3,834$1,184
40 years$26,386$16,623$10,117$5,992$3,477$1,035
41 years$25,456$15,823$9,487$5,528$3,155$905
42 years$24,572$15,070$8,899$5,102$2,863$791
43 years$23,731$14,358$8,350$4,710$2,598$692
44 years$22,931$13,686$7,838$4,349$2,358$605
45 years$22,169$13,051$7,360$4,016$2,141$529
46 years$21,442$12,450$6,912$3,710$1,944$463
47 years$20,748$11,881$6,494$3,427$1,765$405
48 years$20,085$11,342$6,103$3,167$1,603$354
49 years$19,450$10,831$5,736$2,927$1,456$310
50 years$18,844$10,347$5,393$2,705$1,322$271

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $19,300,000, adding $3,499 every year, while hoping to spend $20,545 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: 47/26/27 Blend
50$19,300,000$19,300,000$19,300,000$19,300,000
51$21,272,209$20,249,309$19,950,159$22,107,265
52$23,420,115$21,219,666$20,596,630$23,666,577
53$25,786,418$22,236,881$21,264,069$25,355,909
54$28,393,374$23,303,230$21,953,156$27,189,327
55$31,265,507$24,421,097$22,664,596$29,180,382
56$34,429,842$25,592,983$23,399,113$31,343,954
57$37,916,160$26,821,513$24,157,457$33,696,392
58$41,757,277$28,109,437$24,940,401$36,255,662
59$45,989,360$29,459,639$25,748,744$39,041,503
60$50,652,259$30,875,146$26,583,312$42,075,612
61$55,789,891$32,359,130$27,444,955$45,381,838
62$61,450,652$33,914,919$28,334,553$48,986,399
63$67,687,871$35,546,003$29,253,013$52,918,124
64$74,560,318$37,256,041$30,201,273$57,208,709
65$82,132,756$39,048,873$31,180,301$61,893,017
66$90,476,551$40,928,522$32,191,095$67,009,387
67$99,670,351$42,899,211$33,234,689$72,599,993
68$109,800,822$44,965,368$34,312,146$78,711,229
69$120,963,470$47,131,635$35,424,567$85,394,133
70$133,263,542$49,402,883$36,573,088$92,704,862
71$146,817,017$51,784,218$37,758,880$100,705,208
72$161,751,706$54,280,998$38,983,156$109,463,167
73$178,208,453$56,898,839$40,247,164$119,053,569
74$196,342,467$59,643,634$41,552,196$129,558,770
75$216,324,788$62,521,562$42,899,584$141,069,416
76$238,343,901$65,539,103$44,290,704$153,685,283
77$262,607,513$68,703,053$45,726,978$167,516,200
78$289,344,519$72,020,543$47,209,871$182,683,075
79$318,807,158$75,499,047$48,740,899$199,319,015
80$351,273,394$79,146,406$50,321,626$217,570,563
81$387,049,546$82,970,846$51,953,666$237,599,068
82$426,473,173$86,980,990$53,638,687$259,582,182
83$469,916,263$91,185,886$55,378,410$283,715,523
84$517,788,748$95,595,020$57,174,613$310,214,492
85$570,542,369$100,218,345$59,029,131$339,316,291
86$628,674,943$105,066,296$60,943,859$371,282,136
87$692,735,063$110,149,820$62,920,754$406,399,695
88$763,327,276$115,480,398$64,961,836$444,985,783
89$841,117,792$121,070,071$67,069,191$487,389,324
90$926,840,771$126,931,469$69,244,973$533,994,614
91$1,021,305,256$133,077,838$71,491,407$585,224,923
92$1,125,402,811$139,523,071$73,810,788$641,546,456
93$1,240,115,936$146,281,740$76,205,487$703,472,726
94$1,366,527,344$153,369,127$78,677,953$771,569,365
95$1,505,830,182$160,801,263$81,230,713$846,459,429
96$1,659,339,297$168,594,961$83,866,378$928,829,244
97$1,828,503,646$176,767,855$86,587,643$1,019,434,846
98$2,014,919,978$185,338,440$89,397,290$1,119,109,074
99$2,220,347,909$194,326,117$92,298,192$1,228,769,397
100$2,446,726,530$203,751,231$95,293,316$1,349,426,527