Can I retire at age 51 with 19,800,000?

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 $19,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,536,970
2 years$809,438$794,363$779,753$765,588$751,848$709,917
3 years$534,265$519,125$504,552$490,519$477,003$436,364
4 years$396,706$381,612$367,185$353,392$340,203$301,166
5 years$314,192$299,188$284,950$271,439$258,617$221,292
6 years$259,200$244,310$230,282$217,072$204,634$169,057
7 years$219,936$205,171$191,366$178,467$166,423$132,594
8 years$190,501$175,869$162,293$149,711$138,064$105,968
9 years$167,619$153,126$139,783$127,521$116,270$85,877
10 years$149,325$134,973$121,866$109,924$99,067$70,341
11 years$134,366$120,159$107,289$95,667$85,201$58,096
12 years$121,910$107,848$95,216$83,913$73,834$48,301
13 years$111,378$97,463$85,069$74,082$64,384$40,371
14 years$102,358$88,591$76,435$65,762$56,439$33,889
15 years$94,548$80,930$69,011$58,648$49,693$28,549
16 years$87,721$74,251$62,569$52,513$43,919$24,121
17 years$81,704$68,383$56,935$47,183$38,942$20,429
18 years$76,361$63,189$51,974$42,521$34,625$17,338
19 years$71,586$58,563$47,580$38,421$30,862$14,740
20 years$67,294$54,419$43,666$34,798$27,567$12,549
21 years$63,416$50,689$40,165$31,581$24,669$10,697
22 years$59,895$47,317$37,018$28,715$22,112$9,127
23 years$56,685$44,254$34,179$26,151$19,849$7,795
24 years$53,746$41,463$31,610$23,851$17,841$6,662
25 years$51,047$38,911$29,277$21,782$16,054$5,697
26 years$48,560$36,570$27,153$19,917$14,461$4,875
27 years$46,261$34,417$25,214$18,230$13,038$4,173
28 years$44,130$32,431$23,440$16,703$11,764$3,574
29 years$42,149$30,595$21,813$15,317$10,623$3,061
30 years$40,304$28,894$20,318$14,057$9,598$2,623
31 years$38,582$27,314$18,942$12,910$8,678$2,248
32 years$36,970$25,845$17,673$11,865$7,850$1,928
33 years$35,459$24,475$16,501$10,911$7,104$1,653
34 years$34,040$23,197$15,418$10,039$6,432$1,417
35 years$32,705$22,002$14,415$9,241$5,826$1,216
36 years$31,447$20,883$13,485$8,511$5,278$1,043
37 years$30,260$19,834$12,621$7,842$4,784$895
38 years$29,138$18,850$11,819$7,228$4,337$767
39 years$28,076$17,924$11,073$6,664$3,933$659
40 years$27,070$17,053$10,379$6,147$3,567$565
41 years$26,115$16,233$9,732$5,671$3,236$485
42 years$25,208$15,460$9,129$5,234$2,937$416
43 years$24,346$14,730$8,567$4,832$2,665$357
44 years$23,525$14,041$8,041$4,461$2,419$306
45 years$22,743$13,389$7,550$4,120$2,196$263
46 years$21,997$12,773$7,092$3,806$1,994$226
47 years$21,285$12,189$6,662$3,516$1,811$194
48 years$20,605$11,636$6,261$3,249$1,644$166
49 years$19,954$11,112$5,885$3,003$1,493$143
50 years$19,332$10,615$5,533$2,775$1,357$122

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $19,800,000, adding $4,651 every year, while hoping to spend $31,792 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: 57/17/26 Blend
50$19,800,000$19,800,000$19,800,000$19,800,000
51$21,824,398$20,774,998$20,468,098$22,913,204
52$24,016,660$21,759,146$21,119,952$24,643,819
53$26,431,467$22,790,452$21,792,579$26,525,390
54$29,091,485$23,871,193$22,486,639$28,575,566
55$32,021,692$25,003,757$23,202,817$30,810,646
56$35,249,611$26,190,647$23,941,817$33,248,553
57$38,805,570$27,434,488$24,704,367$35,909,003
58$42,722,994$28,738,033$25,491,219$38,813,683
59$47,038,711$30,104,169$26,303,146$41,986,450
60$51,793,307$31,535,921$27,140,950$45,453,553
61$57,031,507$33,036,463$28,005,454$49,243,871
62$62,802,594$34,609,123$28,897,510$53,389,184
63$69,160,880$36,257,391$29,817,997$57,924,467
64$76,166,211$37,984,925$30,767,822$62,888,207
65$83,884,541$39,795,563$31,747,920$68,322,768
66$92,388,546$41,693,327$32,759,257$74,274,778
67$101,758,314$43,682,436$33,802,829$80,795,564
68$112,082,102$45,767,315$34,879,663$87,941,628
69$123,457,166$47,952,603$35,990,822$95,775,174
70$135,990,681$50,243,165$37,137,398$104,364,685
71$149,800,752$52,644,103$38,320,524$113,785,560
72$165,017,531$55,160,765$39,541,362$124,120,819
73$181,784,439$57,798,763$40,801,118$135,461,877
74$200,259,528$60,563,978$42,101,032$147,909,394
75$220,616,968$63,462,582$43,442,385$161,574,217
76$243,048,692$66,501,042$44,826,499$176,578,418
77$267,766,210$69,686,144$46,254,737$193,056,429
78$295,002,600$73,025,002$47,728,508$211,156,305
79$325,014,716$76,525,078$49,249,264$231,041,106
80$358,085,606$80,194,195$50,818,503$252,890,424
81$394,527,188$84,040,560$52,437,772$276,902,066
82$434,683,191$88,072,778$54,108,668$303,293,907
83$478,932,406$92,299,873$55,832,837$332,305,931
84$527,692,253$96,731,309$57,611,979$364,202,482
85$581,422,730$101,377,010$59,447,847$399,274,744
86$640,630,750$106,247,386$61,342,252$437,843,472
87$705,874,930$111,353,351$63,297,061$480,262,005
88$777,770,862$116,706,354$65,314,201$526,919,579
89$856,996,924$122,318,399$67,395,661$578,244,987
90$944,300,687$128,202,078$69,543,493$634,710,606
91$1,040,505,972$134,370,595$71,759,815$696,836,834
92$1,146,520,624$140,837,797$74,046,812$765,196,981
93$1,263,345,087$147,618,208$76,406,739$840,422,663
94$1,392,081,845$154,727,059$78,841,924$923,209,735
95$1,533,945,832$162,180,324$81,354,767$1,014,324,842
96$1,690,275,902$169,994,755$83,947,748$1,114,612,623
97$1,862,547,469$178,187,923$86,623,422$1,225,003,667
98$2,052,386,434$186,778,254$89,384,429$1,346,523,262
99$2,261,584,535$195,785,074$92,233,493$1,480,301,049
100$2,492,116,265$205,228,650$95,173,422$1,627,581,655