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%17.6%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,506,993
2 years$797,174$782,328$767,939$753,988$740,456$692,552
3 years$526,170$511,260$496,907$483,087$469,776$423,434
4 years$390,695$375,830$361,621$348,037$335,048$290,625
5 years$309,431$294,655$280,633$267,326$254,698$212,313
6 years$255,273$240,608$226,793$213,783$201,534$161,224
7 years$216,603$202,062$188,466$175,763$163,901$125,663
8 years$187,615$173,205$159,834$147,443$135,972$99,781
9 years$165,080$150,806$137,665$125,589$114,508$80,325
10 years$147,062$132,928$120,020$108,259$97,566$65,342
11 years$132,330$118,338$105,663$94,217$83,910$53,587
12 years$120,063$106,214$93,774$82,641$72,715$44,230
13 years$109,690$95,986$83,780$72,960$63,409$36,695
14 years$100,807$87,249$75,277$64,766$55,584$30,570
15 years$93,116$79,703$67,965$57,760$48,940$25,554
16 years$86,392$73,126$61,620$51,717$43,254$21,421
17 years$80,466$67,347$56,072$46,468$38,352$17,997
18 years$75,204$62,231$51,187$41,877$34,101$15,150
19 years$70,501$57,675$46,859$37,839$30,395$12,774
20 years$66,274$53,595$43,005$34,271$27,149$10,784
21 years$62,455$49,921$39,556$31,103$24,295$9,115
22 years$58,987$46,600$36,457$28,280$21,777$7,711
23 years$55,826$43,584$33,662$25,755$19,549$6,529
24 years$52,932$40,835$31,131$23,490$17,571$5,531
25 years$50,274$38,322$28,834$21,452$15,811$4,689
26 years$47,824$36,016$26,742$19,615$14,242$3,976
27 years$45,560$33,896$24,832$17,954$12,840$3,374
28 years$43,461$31,940$23,085$16,450$11,586$2,863
29 years$41,511$30,131$21,482$15,085$10,462$2,431
30 years$39,694$28,456$20,010$13,844$9,453$2,064
31 years$37,997$26,900$18,655$12,715$8,546$1,753
32 years$36,410$25,453$17,405$11,685$7,731$1,489
33 years$34,922$24,105$16,251$10,745$6,996$1,265
34 years$33,524$22,846$15,184$9,887$6,334$1,075
35 years$32,209$21,669$14,196$9,101$5,737$914
36 years$30,971$20,567$13,280$8,382$5,198$777
37 years$29,801$19,534$12,430$7,723$4,711$660
38 years$28,696$18,564$11,640$7,118$4,271$561
39 years$27,651$17,653$10,906$6,564$3,873$477
40 years$26,660$16,795$10,222$6,054$3,513$406
41 years$25,719$15,987$9,585$5,585$3,187$345
42 years$24,826$15,226$8,991$5,155$2,892$293
43 years$23,977$14,507$8,437$4,758$2,625$249
44 years$23,169$13,828$7,919$4,394$2,383$212
45 years$22,399$13,186$7,436$4,058$2,163$180
46 years$21,664$12,579$6,984$3,748$1,964$153
47 years$20,963$12,005$6,561$3,463$1,783$130
48 years$20,293$11,460$6,166$3,200$1,619$111
49 years$19,652$10,944$5,796$2,957$1,471$94
50 years$19,039$10,454$5,449$2,733$1,336$80

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 $3,464 every year, while hoping to spend $50,532 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: 55/17/28 Blend
50$19,500,000$19,500,000$19,500,000$19,500,000
51$21,492,573$20,459,073$20,156,823$22,507,833
52$23,631,050$21,407,802$20,778,311$24,157,229
53$25,985,958$22,401,325$21,418,925$25,947,219
54$28,579,319$23,441,784$22,079,253$27,895,815
55$31,435,401$24,531,423$22,759,900$30,018,301
56$34,580,945$25,672,596$23,461,489$32,331,483
57$38,045,418$26,867,769$24,184,665$34,853,849
58$41,861,288$28,119,527$24,930,089$37,605,731
59$46,064,338$29,430,582$25,698,445$40,609,497
60$50,693,994$30,803,774$26,490,437$43,889,755
61$55,793,704$32,242,082$27,306,790$47,473,580
62$61,411,346$33,748,629$28,148,251$51,390,762
63$67,599,678$35,326,686$29,015,592$55,674,087
64$74,416,838$36,979,686$29,909,607$60,359,633
65$81,926,891$38,711,226$30,831,115$65,487,109
66$90,200,435$40,525,077$31,780,958$71,100,220
67$99,315,265$42,425,192$32,760,006$77,247,077
68$109,357,112$44,415,716$33,769,156$83,980,637
69$120,420,445$46,500,994$34,809,330$91,359,201
70$132,609,369$48,685,581$35,881,481$99,446,956
71$146,038,603$50,974,253$36,986,589$108,314,568
72$160,834,565$53,372,017$38,125,665$118,039,846
73$177,136,567$55,884,122$39,299,751$128,708,462
74$195,098,125$58,516,071$40,509,921$140,414,757
75$214,888,411$61,273,636$41,757,280$153,262,614
76$236,693,850$64,162,865$43,042,970$167,366,434
77$260,719,878$67,190,101$44,368,165$182,852,205
78$287,192,884$70,361,994$45,734,077$199,858,677
79$316,362,343$73,685,517$47,141,953$218,538,661
80$348,503,174$77,167,979$48,593,081$239,060,462
81$383,918,334$80,817,047$50,088,785$261,609,454
82$422,941,677$84,640,755$51,630,432$286,389,813
83$465,941,107$88,647,531$53,219,431$313,626,437
84$513,322,049$92,846,209$54,857,231$343,567,050
85$565,531,278$97,246,053$56,545,328$376,484,526
86$623,061,135$101,856,776$58,285,263$412,679,454
87$686,454,176$106,688,564$60,078,625$452,482,950
88$756,308,293$111,752,095$61,927,050$496,259,777
89$833,282,357$117,058,565$63,832,224$544,411,762
90$918,102,440$122,619,718$65,795,887$597,381,573
91$1,011,568,668$128,447,863$67,819,828$655,656,881
92$1,114,562,775$134,555,911$69,905,894$719,774,942
93$1,228,056,424$140,957,397$72,055,988$790,327,647
94$1,353,120,386$147,666,515$74,272,070$867,967,086
95$1,490,934,641$154,698,150$76,556,160$953,411,688
96$1,642,799,523$162,067,909$78,910,340$1,047,452,969
97$1,810,147,994$169,792,156$81,336,757$1,150,962,988
98$1,994,559,171$177,888,053$83,837,620$1,264,902,548
99$2,197,773,235$186,373,596$86,415,208$1,390,330,242
100$2,421,707,857$195,267,655$89,071,870$1,528,412,416