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

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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,519,218
2 years$797,174$782,328$767,939$753,988$740,456$704,647
3 years$526,170$511,260$496,907$483,087$469,776$435,015
4 years$390,695$375,830$361,621$348,037$335,048$301,603
5 years$309,431$294,655$280,633$267,326$254,698$222,663
6 years$255,273$240,608$226,793$213,783$201,534$170,942
7 years$216,603$202,062$188,466$175,763$163,901$134,757
8 years$187,615$173,205$159,834$147,443$135,972$108,265
9 years$165,080$150,806$137,665$125,589$114,508$88,216
10 years$147,062$132,928$120,020$108,259$97,566$72,662
11 years$132,330$118,338$105,663$94,217$83,910$60,359
12 years$120,063$106,214$93,774$82,641$72,715$50,479
13 years$109,690$95,986$83,780$72,960$63,409$42,447
14 years$100,807$87,249$75,277$64,766$55,584$35,852
15 years$93,116$79,703$67,965$57,760$48,940$30,393
16 years$86,392$73,126$61,620$51,717$43,254$25,845
17 years$80,466$67,347$56,072$46,468$38,352$22,033
18 years$75,204$62,231$51,187$41,877$34,101$18,823
19 years$70,501$57,675$46,859$37,839$30,395$16,110
20 years$66,274$53,595$43,005$34,271$27,149$13,810
21 years$62,455$49,921$39,556$31,103$24,295$11,853
22 years$58,987$46,600$36,457$28,280$21,777$10,185
23 years$55,826$43,584$33,662$25,755$19,549$8,759
24 years$52,932$40,835$31,131$23,490$17,571$7,540
25 years$50,274$38,322$28,834$21,452$15,811$6,494
26 years$47,824$36,016$26,742$19,615$14,242$5,597
27 years$45,560$33,896$24,832$17,954$12,840$4,827
28 years$43,461$31,940$23,085$16,450$11,586$4,164
29 years$41,511$30,131$21,482$15,085$10,462$3,593
30 years$39,694$28,456$20,010$13,844$9,453$3,102
31 years$37,997$26,900$18,655$12,715$8,546$2,679
32 years$36,410$25,453$17,405$11,685$7,731$2,314
33 years$34,922$24,105$16,251$10,745$6,996$1,999
34 years$33,524$22,846$15,184$9,887$6,334$1,727
35 years$32,209$21,669$14,196$9,101$5,737$1,493
36 years$30,971$20,567$13,280$8,382$5,198$1,290
37 years$29,801$19,534$12,430$7,723$4,711$1,115
38 years$28,696$18,564$11,640$7,118$4,271$964
39 years$27,651$17,653$10,906$6,564$3,873$834
40 years$26,660$16,795$10,222$6,054$3,513$721
41 years$25,719$15,987$9,585$5,585$3,187$623
42 years$24,826$15,226$8,991$5,155$2,892$539
43 years$23,977$14,507$8,437$4,758$2,625$466
44 years$23,169$13,828$7,919$4,394$2,383$403
45 years$22,399$13,186$7,436$4,058$2,163$349
46 years$21,664$12,579$6,984$3,748$1,964$301
47 years$20,963$12,005$6,561$3,463$1,783$261
48 years$20,293$11,460$6,166$3,200$1,619$226
49 years$19,652$10,944$5,796$2,957$1,471$195
50 years$19,039$10,454$5,449$2,733$1,336$169

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 $3,403 every year, while hoping to spend $49,263 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: 41/49/10 Blend
50$19,500,000$19,500,000$19,500,000$19,500,000
51$21,492,510$20,459,010$20,156,760$22,309,840
52$23,632,331$21,409,086$20,779,596$23,833,241
53$25,988,762$22,404,065$21,421,646$25,475,823
54$28,583,846$23,446,094$22,083,502$27,252,468
55$31,441,872$24,537,427$22,765,773$29,175,372
56$34,589,604$25,680,422$23,469,088$31,257,904
57$38,056,537$26,877,555$24,194,094$33,514,731
58$41,875,168$28,131,420$24,941,461$35,961,937
59$46,081,310$29,444,735$25,711,875$38,617,173
60$50,714,428$30,820,351$26,506,047$41,499,809
61$55,818,008$32,261,256$27,324,708$44,631,103
62$61,439,970$33,770,583$28,168,611$48,034,395
63$67,633,121$35,351,616$29,038,534$51,735,314
64$74,455,651$37,007,797$29,935,276$55,762,002
65$81,971,683$38,742,735$30,859,664$60,145,372
66$90,251,880$40,560,214$31,812,548$64,919,385
67$99,374,108$42,464,201$32,794,804$70,121,350
68$109,424,174$44,458,854$33,807,337$75,792,270
69$120,496,635$46,548,533$34,851,078$81,977,204
70$132,695,690$48,737,809$35,926,987$88,725,679
71$146,136,163$51,031,474$37,036,054$96,092,142
72$160,944,588$53,434,552$38,179,298$104,136,451
73$177,260,401$55,952,311$39,357,770$112,924,422
74$195,237,261$58,590,273$40,572,555$122,528,433
75$215,044,495$61,354,229$41,824,768$133,028,081
76$236,868,696$64,250,250$43,115,561$144,510,911
77$260,915,491$67,284,699$44,446,119$157,073,225
78$287,411,473$70,464,252$45,817,667$170,820,959
79$316,606,348$73,795,905$47,231,463$185,870,662
80$348,775,285$77,286,994$48,688,807$202,350,566
81$384,221,519$80,945,212$50,191,037$220,401,772
82$423,279,211$84,778,624$51,739,533$240,179,548
83$466,316,600$88,795,686$53,335,718$261,854,767
84$513,739,485$93,005,267$54,981,056$285,615,486
85$565,995,050$97,416,662$56,677,059$311,668,687
86$623,576,088$102,039,621$58,425,283$340,242,195
87$687,025,652$106,884,366$60,227,333$371,586,795
88$756,942,183$111,961,614$62,084,863$405,978,552
89$833,985,158$117,282,606$63,999,578$443,721,386
90$918,881,315$122,859,124$65,973,234$485,149,891
91$1,012,431,514$128,703,526$68,007,643$530,632,450
92$1,115,518,299$134,828,769$70,104,669$580,574,668
93$1,229,114,227$141,248,441$72,266,238$635,423,149
94$1,354,291,052$147,976,788$74,494,330$695,669,660
95$1,492,229,838$155,028,749$76,790,989$761,855,722
96$1,644,232,116$162,419,992$79,158,322$834,577,660
97$1,811,732,162$170,166,943$81,598,497$914,492,181
98$1,996,310,548$178,286,828$84,113,751$1,002,322,502
99$2,199,709,052$186,797,711$86,706,390$1,098,865,118
100$2,423,847,111$195,718,535$89,378,790$1,204,997,252