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

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 $19,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,528,951
2 years$809,438$794,363$779,753$765,588$751,848$701,998
3 years$534,265$519,125$504,552$490,519$477,003$428,796
4 years$396,706$381,612$367,185$353,392$340,203$294,008
5 years$314,192$299,188$284,950$271,439$258,617$214,558
6 years$259,200$244,310$230,282$217,072$204,634$162,750
7 years$219,936$205,171$191,366$178,467$166,423$126,708
8 years$190,501$175,869$162,293$149,711$138,064$100,493
9 years$167,619$153,126$139,783$127,521$116,270$80,800
10 years$149,325$134,973$121,866$109,924$99,067$65,646
11 years$134,366$120,159$107,289$95,667$85,201$53,767
12 years$121,910$107,848$95,216$83,913$73,834$44,319
13 years$111,378$97,463$85,069$74,082$64,384$36,719
14 years$102,358$88,591$76,435$65,762$56,439$30,548
15 years$94,548$80,930$69,011$58,648$49,693$25,499
16 years$87,721$74,251$62,569$52,513$43,919$21,344
17 years$81,704$68,383$56,935$47,183$38,942$17,907
18 years$76,361$63,189$51,974$42,521$34,625$15,051
19 years$71,586$58,563$47,580$38,421$30,862$12,671
20 years$67,294$54,419$43,666$34,798$27,567$10,681
21 years$63,416$50,689$40,165$31,581$24,669$9,014
22 years$59,895$47,317$37,018$28,715$22,112$7,614
23 years$56,685$44,254$34,179$26,151$19,849$6,436
24 years$53,746$41,463$31,610$23,851$17,841$5,444
25 years$51,047$38,911$29,277$21,782$16,054$4,608
26 years$48,560$36,570$27,153$19,917$14,461$3,901
27 years$46,261$34,417$25,214$18,230$13,038$3,305
28 years$44,130$32,431$23,440$16,703$11,764$2,800
29 years$42,149$30,595$21,813$15,317$10,623$2,373
30 years$40,304$28,894$20,318$14,057$9,598$2,012
31 years$38,582$27,314$18,942$12,910$8,678$1,706
32 years$36,970$25,845$17,673$11,865$7,850$1,447
33 years$35,459$24,475$16,501$10,911$7,104$1,227
34 years$34,040$23,197$15,418$10,039$6,432$1,041
35 years$32,705$22,002$14,415$9,241$5,826$883
36 years$31,447$20,883$13,485$8,511$5,278$750
37 years$30,260$19,834$12,621$7,842$4,784$636
38 years$29,138$18,850$11,819$7,228$4,337$540
39 years$28,076$17,924$11,073$6,664$3,933$458
40 years$27,070$17,053$10,379$6,147$3,567$389
41 years$26,115$16,233$9,732$5,671$3,236$330
42 years$25,208$15,460$9,129$5,234$2,937$280
43 years$24,346$14,730$8,567$4,832$2,665$238
44 years$23,525$14,041$8,041$4,461$2,419$202
45 years$22,743$13,389$7,550$4,120$2,196$171
46 years$21,997$12,773$7,092$3,806$1,994$145
47 years$21,285$12,189$6,662$3,516$1,811$123
48 years$20,605$11,636$6,261$3,249$1,644$105
49 years$19,954$11,112$5,885$3,003$1,493$89
50 years$19,332$10,615$5,533$2,775$1,357$75

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 $3,750 every year, while hoping to spend $51,609 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: 79/16/5 Blend
50$19,800,000$19,800,000$19,800,000$19,800,000
51$21,823,468$20,774,068$20,467,168$23,543,087
52$23,994,550$21,737,086$21,097,907$25,632,710
53$26,385,353$22,745,562$21,748,045$27,917,109
54$29,018,234$23,801,669$22,418,179$30,421,289
55$31,917,828$24,907,685$23,108,922$33,167,111
56$35,111,282$26,065,997$23,820,907$36,178,643
57$38,628,510$27,279,108$24,554,785$39,482,379
58$42,502,476$28,549,642$25,311,228$43,107,494
59$46,769,503$29,880,349$26,090,928$47,086,107
60$51,469,617$31,274,111$26,894,600$51,453,585
61$56,646,926$32,733,951$27,722,977$56,248,872
62$62,350,034$34,263,036$28,576,818$61,514,854
63$68,632,501$35,864,688$29,456,905$67,298,756
64$75,553,346$37,542,388$30,364,041$73,652,586
65$83,177,607$39,299,785$31,299,057$80,633,620
66$91,576,955$41,140,707$32,262,807$88,304,940
67$100,830,366$43,069,163$33,256,173$96,736,019
68$111,024,871$45,089,359$34,280,062$106,003,378
69$122,256,374$47,205,704$35,335,410$116,191,298
70$134,630,560$49,422,819$36,423,182$127,392,612
71$148,263,889$51,745,550$37,544,371$139,709,573
72$163,284,701$54,178,976$38,700,002$153,254,816
73$179,834,418$56,728,424$39,891,130$168,152,410
74$198,068,890$59,399,478$41,118,844$184,539,027
75$218,159,855$62,197,991$42,384,264$202,565,220
76$240,296,569$65,130,101$43,688,545$222,396,843
77$264,687,586$68,202,243$45,032,879$244,216,600
78$291,562,732$71,421,165$46,418,492$268,225,768
79$321,175,268$74,793,940$47,846,649$294,646,085
80$353,804,287$78,327,984$49,318,653$323,721,836
81$389,757,343$82,031,074$50,835,847$355,722,147
82$429,373,360$85,911,365$52,399,616$390,943,517
83$473,025,824$89,977,403$54,011,384$429,712,607
84$521,126,316$94,238,153$55,672,623$472,389,309
85$574,128,391$98,703,014$57,384,847$519,370,138
86$632,531,865$103,381,839$59,149,618$571,091,956
87$696,887,527$108,284,962$60,968,542$628,036,089
88$767,802,346$113,423,216$62,843,279$690,732,855
89$845,945,194$118,807,962$64,775,538$759,766,557
90$932,053,163$124,451,111$66,767,077$835,780,982
91$1,026,938,523$130,365,154$68,819,712$919,485,469
92$1,131,496,393$136,563,186$70,935,313$1,011,661,582
93$1,246,713,184$143,058,942$73,115,805$1,113,170,480
94$1,373,675,920$149,866,821$75,363,175$1,224,961,021
95$1,513,582,491$157,001,922$77,679,469$1,348,078,707
96$1,667,752,968$164,480,080$80,066,794$1,483,675,532
97$1,837,642,064$172,317,897$82,527,325$1,633,020,838
98$2,024,852,864$180,532,783$85,063,300$1,797,513,278
99$2,231,151,961$189,142,995$87,677,026$1,978,693,998
100$2,458,486,136$198,167,676$90,370,881$2,178,261,161