Can I retire at age 51 with 19,400,000?

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 $19,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,499,265
2 years$793,086$778,316$764,001$750,121$736,659$689,000
3 years$523,472$508,638$494,359$480,610$467,367$421,263
4 years$388,691$373,903$359,767$346,252$333,330$289,134
5 years$307,844$293,144$279,194$265,955$253,392$211,224
6 years$253,964$239,374$225,630$212,686$200,500$160,397
7 years$215,493$201,026$187,500$174,861$163,061$125,019
8 years$186,653$172,317$159,015$146,687$135,274$99,269
9 years$164,233$150,033$136,959$124,945$113,921$79,913
10 years$146,308$132,246$119,404$107,703$97,066$65,007
11 years$131,652$117,731$105,121$93,734$83,480$53,313
12 years$119,447$105,669$93,293$82,218$72,342$44,003
13 years$109,128$95,494$83,351$72,586$63,084$36,507
14 years$100,290$86,801$74,891$64,434$55,299$30,413
15 years$92,638$79,295$67,617$57,463$48,689$25,423
16 years$85,949$72,751$61,304$51,452$43,032$21,311
17 years$80,053$67,001$55,784$46,229$38,155$17,905
18 years$74,818$61,912$50,924$41,662$33,926$15,072
19 years$70,140$57,380$46,619$37,645$30,239$12,708
20 years$65,934$53,320$42,784$34,095$27,010$10,729
21 years$62,135$49,665$39,353$30,943$24,171$9,068
22 years$58,685$46,361$36,270$28,135$21,666$7,671
23 years$55,539$43,360$33,489$25,623$19,448$6,495
24 years$52,661$40,626$30,972$23,369$17,481$5,503
25 years$50,016$38,125$28,686$21,342$15,730$4,665
26 years$47,579$35,832$26,605$19,514$14,169$3,956
27 years$45,326$33,722$24,705$17,862$12,774$3,356
28 years$43,238$31,776$22,966$16,365$11,527$2,849
29 years$41,298$29,977$21,372$15,007$10,408$2,418
30 years$39,490$28,310$19,907$13,773$9,404$2,054
31 years$37,802$26,762$18,559$12,649$8,503$1,744
32 years$36,223$25,323$17,316$11,625$7,691$1,482
33 years$34,743$23,981$16,168$10,690$6,961$1,259
34 years$33,352$22,728$15,106$9,836$6,302$1,070
35 years$32,044$21,558$14,123$9,055$5,708$909
36 years$30,812$20,461$13,212$8,339$5,172$773
37 years$29,648$19,434$12,366$7,683$4,687$657
38 years$28,549$18,469$11,581$7,082$4,249$558
39 years$27,509$17,562$10,850$6,530$3,854$475
40 years$26,523$16,709$10,169$6,023$3,495$403
41 years$25,587$15,905$9,536$5,557$3,171$343
42 years$24,699$15,148$8,945$5,128$2,877$292
43 years$23,854$14,433$8,393$4,734$2,611$248
44 years$23,050$13,757$7,879$4,371$2,370$211
45 years$22,284$13,119$7,398$4,037$2,152$179
46 years$21,553$12,515$6,948$3,729$1,954$152
47 years$20,855$11,943$6,528$3,445$1,774$130
48 years$20,189$11,401$6,134$3,183$1,611$110
49 years$19,551$10,887$5,766$2,942$1,463$94
50 years$18,941$10,400$5,421$2,719$1,329$80

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $19,400,000, adding $5,824 every year, while hoping to spend $55,491 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: 38/33/29 Blend
50$19,400,000$19,400,000$19,400,000$19,400,000
51$21,384,807$20,356,607$20,055,907$22,012,617
52$23,507,016$21,295,039$20,668,738$23,414,049
53$25,843,830$22,277,594$21,300,239$24,922,135
54$28,417,080$23,306,376$21,950,977$26,551,003
55$31,250,823$24,383,590$22,621,536$28,311,664
56$34,371,567$25,511,545$23,312,517$30,216,201
57$37,808,521$26,692,665$24,024,541$32,277,868
58$41,593,873$27,929,488$24,758,245$34,511,216
59$45,763,090$29,224,676$25,514,289$36,932,215
60$50,355,257$30,581,016$26,293,349$39,558,400
61$55,413,441$32,001,434$27,096,124$42,409,029
62$60,985,101$33,488,994$27,923,334$45,505,252
63$67,122,535$35,046,908$28,775,719$48,870,304
64$73,883,371$36,678,543$29,654,042$52,529,711
65$81,331,113$38,387,431$30,559,092$56,511,524
66$89,535,742$40,177,271$31,491,677$60,846,573
67$98,574,373$42,051,941$32,452,633$65,568,743
68$108,531,982$44,015,509$33,442,819$70,715,285
69$119,502,212$46,072,238$34,463,121$76,327,154
70$131,588,255$48,226,595$35,514,453$82,449,382
71$144,903,824$50,483,265$36,597,754$89,131,493
72$159,574,228$52,847,159$37,713,993$96,427,951
73$175,737,555$55,323,426$38,864,168$104,398,664
74$193,545,975$57,917,463$40,049,307$113,109,530
75$213,167,174$60,634,928$41,270,468$122,633,046
76$234,785,939$63,481,753$42,528,743$133,048,975
77$258,605,904$66,464,158$43,825,254$144,445,079
78$284,851,467$69,588,662$45,161,161$156,917,933
79$313,769,911$72,862,101$46,537,655$170,573,813
80$345,633,741$76,291,643$47,955,964$185,529,681
81$380,743,248$79,884,799$49,417,355$201,914,268
82$419,429,354$83,649,449$50,923,131$219,869,270
83$462,056,727$87,593,851$52,474,635$239,550,656
84$509,027,227$91,726,664$54,073,249$261,130,122
85$560,783,701$96,056,967$55,720,400$284,796,684
86$617,814,160$100,594,280$57,417,555$310,758,438
87$680,656,388$105,348,582$59,166,226$339,244,494
88$749,903,015$110,330,339$60,967,971$370,507,112
89$826,207,119$115,550,521$62,824,393$404,824,054
90$910,288,381$121,020,634$64,737,147$442,501,172
91$1,002,939,889$126,752,738$66,707,935$483,875,266
92$1,105,035,617$132,759,481$68,738,510$529,317,224
93$1,217,538,678$139,054,124$70,830,678$579,235,492
94$1,341,510,419$145,650,572$72,986,301$634,079,892
95$1,478,120,435$152,563,403$75,207,296$694,345,825
96$1,628,657,616$159,807,906$77,495,637$760,578,911
97$1,794,542,309$167,400,110$79,853,357$833,380,093
98$1,977,339,732$175,356,822$82,282,552$913,411,268
99$2,178,774,746$183,695,668$84,785,379$1,001,401,489
100$2,400,748,142$192,435,128$87,364,061$1,098,153,793