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

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 $19,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,496,266
2 years$793,086$778,316$764,001$750,121$736,659$686,046
3 years$523,472$508,638$494,359$480,610$467,367$418,447
4 years$388,691$373,903$359,767$346,252$333,330$286,478
5 years$307,844$293,144$279,194$265,955$253,392$208,733
6 years$253,964$239,374$225,630$212,686$200,500$158,071
7 years$215,493$201,026$187,500$174,861$163,061$122,855
8 years$186,653$172,317$159,015$146,687$135,274$97,264
9 years$164,233$150,033$136,959$124,945$113,921$78,061
10 years$146,308$132,246$119,404$107,703$97,066$63,301
11 years$131,652$117,731$105,121$93,734$83,480$51,746
12 years$119,447$105,669$93,293$82,218$72,342$42,569
13 years$109,128$95,494$83,351$72,586$63,084$35,197
14 years$100,290$86,801$74,891$64,434$55,299$29,220
15 years$92,638$79,295$67,617$57,463$48,689$24,340
16 years$85,949$72,751$61,304$51,452$43,032$20,329
17 years$80,053$67,001$55,784$46,229$38,155$17,018
18 years$74,818$61,912$50,924$41,662$33,926$14,272
19 years$70,140$57,380$46,619$37,645$30,239$11,988
20 years$65,934$53,320$42,784$34,095$27,010$10,082
21 years$62,135$49,665$39,353$30,943$24,171$8,489
22 years$58,685$46,361$36,270$28,135$21,666$7,153
23 years$55,539$43,360$33,489$25,623$19,448$6,033
24 years$52,661$40,626$30,972$23,369$17,481$5,091
25 years$50,016$38,125$28,686$21,342$15,730$4,298
26 years$47,579$35,832$26,605$19,514$14,169$3,631
27 years$45,326$33,722$24,705$17,862$12,774$3,068
28 years$43,238$31,776$22,966$16,365$11,527$2,593
29 years$41,298$29,977$21,372$15,007$10,408$2,193
30 years$39,490$28,310$19,907$13,773$9,404$1,854
31 years$37,802$26,762$18,559$12,649$8,503$1,568
32 years$36,223$25,323$17,316$11,625$7,691$1,327
33 years$34,743$23,981$16,168$10,690$6,961$1,123
34 years$33,352$22,728$15,106$9,836$6,302$950
35 years$32,044$21,558$14,123$9,055$5,708$804
36 years$30,812$20,461$13,212$8,339$5,172$680
37 years$29,648$19,434$12,366$7,683$4,687$576
38 years$28,549$18,469$11,581$7,082$4,249$487
39 years$27,509$17,562$10,850$6,530$3,854$413
40 years$26,523$16,709$10,169$6,023$3,495$349
41 years$25,587$15,905$9,536$5,557$3,171$296
42 years$24,699$15,148$8,945$5,128$2,877$250
43 years$23,854$14,433$8,393$4,734$2,611$212
44 years$23,050$13,757$7,879$4,371$2,370$179
45 years$22,284$13,119$7,398$4,037$2,152$152
46 years$21,553$12,515$6,948$3,729$1,954$129
47 years$20,855$11,943$6,528$3,445$1,774$109
48 years$20,189$11,401$6,134$3,183$1,611$92
49 years$19,551$10,887$5,766$2,942$1,463$78
50 years$18,941$10,400$5,421$2,719$1,329$66

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 $2,792 every year, while hoping to spend $38,716 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: 68/12/20 Blend
50$19,400,000$19,400,000$19,400,000$19,400,000
51$21,381,680$20,353,480$20,052,780$22,729,345
52$23,521,418$21,309,607$20,683,355$24,587,088
53$25,878,111$22,311,287$21,333,756$26,613,735
54$28,473,849$23,360,710$22,004,607$28,829,753
55$31,332,971$24,460,175$22,696,551$31,253,804
56$34,482,300$25,612,089$23,410,251$33,906,426
57$37,951,391$26,818,978$24,146,391$36,810,228
58$41,772,815$28,083,489$24,905,677$39,990,095
59$45,982,460$29,408,399$25,688,836$43,473,422
60$50,619,877$30,796,616$26,496,618$47,290,366
61$55,728,648$32,251,194$27,329,798$51,474,131
62$61,356,798$33,775,330$28,189,174$56,061,274
63$67,557,250$35,372,380$29,075,569$61,092,044
64$74,388,323$37,045,859$29,989,834$66,610,762
65$81,914,282$38,799,457$30,932,844$72,666,233
66$90,205,948$40,637,039$31,905,503$79,312,198
67$99,341,360$42,562,660$32,908,743$86,607,841
68$109,406,518$44,580,569$33,943,525$94,618,341
69$120,496,190$46,695,225$35,010,841$103,415,480
70$132,714,811$48,911,301$36,111,714$113,078,316
71$146,177,464$51,233,696$37,247,198$123,693,923
72$161,010,968$53,667,550$38,418,382$135,358,206
73$177,355,077$56,218,250$39,626,388$148,176,802
74$195,363,795$58,891,445$40,872,373$162,266,066
75$215,206,836$61,693,060$42,157,531$177,754,167
76$237,071,219$64,629,305$43,483,094$194,782,287
77$261,163,038$67,706,695$44,850,332$213,505,946
78$287,709,405$70,932,060$46,260,555$234,096,464
79$316,960,594$74,312,562$47,715,114$256,742,568
80$349,192,408$77,855,710$49,215,402$281,652,167
81$384,708,773$81,569,380$50,762,859$309,054,300
82$423,844,619$85,461,830$52,358,965$339,201,295
83$466,969,031$89,541,720$54,005,251$372,371,138
84$514,488,738$93,818,131$55,703,293$408,870,084
85$566,851,956$98,300,585$57,454,720$449,035,543
86$624,552,610$102,999,069$59,261,208$493,239,247
87$688,135,006$107,924,054$61,124,489$541,890,754
88$758,198,965$113,086,520$63,046,347$595,441,297
89$835,405,485$118,497,985$65,028,625$654,388,031
90$920,482,982$124,170,524$67,073,221$719,278,716
91$1,014,234,166$130,116,800$69,182,095$790,716,871
92$1,117,543,622$136,350,094$71,357,266$869,367,456
93$1,231,386,156$142,884,333$73,600,819$955,963,138
94$1,356,836,001$149,734,122$75,914,903$1,051,311,185
95$1,495,076,956$156,914,777$78,301,735$1,156,301,077
96$1,647,413,565$164,442,361$80,763,603$1,271,912,882
97$1,815,283,429$172,333,716$83,302,863$1,399,226,488
98$2,000,270,779$180,606,509$85,921,950$1,539,431,783
99$2,204,121,436$189,279,265$88,623,372$1,693,839,864
100$2,428,759,285$198,371,412$91,409,718$1,863,895,397