Can I retire at age 51 with 19,500,000?

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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,499,190
2 years$797,174$782,328$767,939$753,988$740,456$684,874
3 years$526,170$511,260$496,907$483,087$469,776$416,127
4 years$390,695$375,830$361,621$348,037$335,048$283,742
5 years$309,431$294,655$280,633$267,326$254,698$205,869
6 years$255,273$240,608$226,793$213,783$201,534$155,218
7 years$216,603$202,062$188,466$175,763$163,901$120,088
8 years$187,615$173,205$159,834$147,443$135,972$94,625
9 years$165,080$150,806$137,665$125,589$114,508$75,572
10 years$147,062$132,928$120,020$108,259$97,566$60,974
11 years$132,330$118,338$105,663$94,217$83,910$49,586
12 years$120,063$106,214$93,774$82,641$72,715$40,575
13 years$109,690$95,986$83,780$72,960$63,409$33,366
14 years$100,807$87,249$75,277$64,766$55,584$27,546
15 years$93,116$79,703$67,965$57,760$48,940$22,815
16 years$86,392$73,126$61,620$51,717$43,254$18,946
17 years$80,466$67,347$56,072$46,468$38,352$15,767
18 years$75,204$62,231$51,187$41,877$34,101$13,144
19 years$70,501$57,675$46,859$37,839$30,395$10,974
20 years$66,274$53,595$43,005$34,271$27,149$9,173
21 years$62,455$49,921$39,556$31,103$24,295$7,676
22 years$58,987$46,600$36,457$28,280$21,777$6,428
23 years$55,826$43,584$33,662$25,755$19,549$5,387
24 years$52,932$40,835$31,131$23,490$17,571$4,517
25 years$50,274$38,322$28,834$21,452$15,811$3,789
26 years$47,824$36,016$26,742$19,615$14,242$3,180
27 years$45,560$33,896$24,832$17,954$12,840$2,670
28 years$43,461$31,940$23,085$16,450$11,586$2,242
29 years$41,511$30,131$21,482$15,085$10,462$1,883
30 years$39,694$28,456$20,010$13,844$9,453$1,582
31 years$37,997$26,900$18,655$12,715$8,546$1,330
32 years$36,410$25,453$17,405$11,685$7,731$1,117
33 years$34,922$24,105$16,251$10,745$6,996$939
34 years$33,524$22,846$15,184$9,887$6,334$789
35 years$32,209$21,669$14,196$9,101$5,737$664
36 years$30,971$20,567$13,280$8,382$5,198$558
37 years$29,801$19,534$12,430$7,723$4,711$469
38 years$28,696$18,564$11,640$7,118$4,271$394
39 years$27,651$17,653$10,906$6,564$3,873$332
40 years$26,660$16,795$10,222$6,054$3,513$279
41 years$25,719$15,987$9,585$5,585$3,187$235
42 years$24,826$15,226$8,991$5,155$2,892$197
43 years$23,977$14,507$8,437$4,758$2,625$166
44 years$23,169$13,828$7,919$4,394$2,383$139
45 years$22,399$13,186$7,436$4,058$2,163$117
46 years$21,664$12,579$6,984$3,748$1,964$99
47 years$20,963$12,005$6,561$3,463$1,783$83
48 years$20,293$11,460$6,166$3,200$1,619$70
49 years$19,652$10,944$5,796$2,957$1,471$59
50 years$19,039$10,454$5,449$2,733$1,336$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $19,500,000, adding $5,954 every year, while hoping to spend $45,987 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: 76/9/15 Blend
50$19,500,000$19,500,000$19,500,000$19,500,000
51$21,495,142$20,461,642$20,159,392$23,059,070
52$23,638,716$21,415,332$20,785,801$25,046,293
53$25,999,394$22,414,212$21,431,655$27,217,969
54$28,599,271$23,460,448$22,097,554$29,597,563
55$31,462,696$24,556,309$22,784,121$32,205,776
56$34,616,499$25,704,176$23,491,997$35,065,405
57$38,090,244$26,906,543$24,221,842$38,201,548
58$41,916,512$28,166,026$24,974,336$41,641,843
59$46,131,203$29,485,368$25,750,183$45,416,727
60$50,773,877$30,867,442$26,550,105$49,559,715
61$55,888,128$32,315,263$27,374,850$54,107,720
62$61,521,996$33,831,990$28,225,186$59,101,391
63$67,728,416$35,420,934$29,101,906$64,585,501
64$74,565,723$37,085,568$30,005,829$70,609,360
65$82,098,200$38,829,534$30,937,797$77,227,280
66$90,396,682$40,656,647$31,898,679$84,499,084
67$99,539,230$42,570,909$32,889,371$92,490,666
68$109,611,864$44,576,516$33,910,798$101,274,607
69$120,709,375$46,677,866$34,963,910$110,930,862
70$132,936,221$48,879,571$36,049,690$121,547,503
71$146,407,511$51,186,466$37,169,151$133,221,551
72$161,250,095$53,603,620$38,323,335$146,059,884
73$177,603,756$56,136,349$39,513,318$160,180,243
74$195,622,534$58,790,225$40,740,210$175,712,339
75$215,476,179$61,571,092$42,005,152$192,799,068
76$237,351,750$64,485,076$43,309,326$211,597,858
77$261,455,384$67,538,601$44,653,944$232,282,149
78$288,014,243$70,738,402$46,040,260$255,043,022
79$317,278,652$74,091,541$47,469,566$280,090,999
80$349,524,471$77,605,423$48,943,193$307,658,021
81$385,055,691$81,287,812$50,462,514$337,999,634
82$424,207,306$85,146,849$52,028,942$371,397,392
83$467,348,478$89,191,071$53,643,939$408,161,506
84$514,886,018$93,429,429$55,309,006$448,633,767
85$567,268,229$97,871,309$57,025,695$493,190,766
86$624,989,137$102,526,551$58,795,604$542,247,435
87$688,593,152$107,405,476$60,620,381$596,260,960
88$758,680,214$112,518,905$62,501,724$655,735,087
89$835,911,449$117,878,184$64,441,384$721,224,866
90$921,015,414$123,495,212$66,441,168$793,341,881
91$1,014,794,975$129,382,466$68,502,936$872,760,016
92$1,118,134,885$135,553,030$70,628,607$960,221,801
93$1,232,010,137$142,020,621$72,820,158$1,056,545,416
94$1,357,495,167$148,799,628$75,079,630$1,162,632,397
95$1,495,774,000$155,905,136$77,409,124$1,279,476,139
96$1,648,151,426$163,352,965$79,810,807$1,408,171,260
97$1,816,065,316$171,159,705$82,286,914$1,549,923,918
98$2,001,100,200$179,342,752$84,839,747$1,706,063,190
99$2,205,002,223$187,920,350$87,471,681$1,878,053,597
100$2,429,695,631$196,911,628$90,185,163$2,067,508,920