Can I retire at age 51 with 19,900,000?

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,562,495
2 years$813,526$798,375$783,691$769,454$755,645$731,163
3 years$536,964$521,747$507,100$492,997$479,412$455,569
4 years$398,709$383,539$369,039$355,176$341,921$318,900
5 years$315,778$300,700$286,390$272,810$259,923$237,790
6 years$260,509$245,544$231,445$218,168$205,668$184,450
7 years$221,047$206,207$192,332$179,368$167,263$146,966
8 years$191,463$176,758$163,113$150,467$138,761$119,382
9 years$168,466$153,899$140,489$128,165$116,857$98,386
10 years$150,079$135,655$122,482$110,479$99,568$81,991
11 years$135,045$120,765$107,831$96,150$85,632$68,930
12 years$122,526$108,393$95,697$84,337$74,207$58,360
13 years$111,940$97,955$85,499$74,457$64,710$49,696
14 years$102,875$89,039$76,821$66,094$56,724$42,518
15 years$95,026$81,338$69,359$58,944$49,944$36,521
16 years$88,165$74,626$62,885$52,778$44,141$31,474
17 years$82,117$68,728$57,222$47,421$39,138$27,199
18 years$76,747$63,508$52,237$42,736$34,800$23,561
19 years$71,948$58,858$47,820$38,615$31,018$20,451
20 years$67,634$54,694$43,887$34,974$27,706$17,782
21 years$63,736$50,945$40,367$31,741$24,794$15,485
22 years$60,197$47,556$37,205$28,860$22,224$13,501
23 years$56,971$44,478$34,352$26,283$19,950$11,785
24 years$54,018$41,673$31,770$23,972$17,931$10,297
25 years$51,305$39,108$29,425$21,892$16,135$9,004
26 years$48,805$36,755$27,290$20,017$14,534$7,879
27 years$46,495$34,591$25,342$18,322$13,104$6,899
28 years$44,353$32,595$23,558$16,787$11,824$6,044
29 years$42,362$30,749$21,923$15,394$10,676$5,298
30 years$40,508$29,040$20,420$14,128$9,647$4,646
31 years$38,776$27,452$19,037$12,975$8,722$4,075
32 years$37,157$25,975$17,762$11,925$7,889$3,576
33 years$35,638$24,599$16,585$10,966$7,140$3,139
34 years$34,212$23,314$15,496$10,090$6,464$2,756
35 years$32,870$22,113$14,487$9,288$5,855$2,420
36 years$31,606$20,989$13,553$8,554$5,305$2,125
37 years$30,413$19,934$12,685$7,881$4,808$1,867
38 years$29,285$18,945$11,879$7,264$4,359$1,640
39 years$28,218$18,015$11,129$6,698$3,953$1,441
40 years$27,206$17,139$10,432$6,178$3,585$1,267
41 years$26,247$16,315$9,781$5,700$3,253$1,113
42 years$25,336$15,538$9,175$5,260$2,952$979
43 years$24,469$14,805$8,610$4,856$2,679$860
44 years$23,644$14,112$8,082$4,484$2,431$756
45 years$22,858$13,457$7,589$4,141$2,207$665
46 years$22,108$12,837$7,127$3,825$2,004$584
47 years$21,393$12,251$6,696$3,534$1,820$514
48 years$20,709$11,695$6,292$3,265$1,653$452
49 years$20,055$11,168$5,914$3,018$1,501$397
50 years$19,429$10,668$5,560$2,789$1,363$349

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $19,900,000, adding $2,118 every year, while hoping to spend $42,540 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: 59/22/19 Blend
50$19,900,000$19,900,000$19,900,000$19,900,000
51$21,931,985$20,877,285$20,568,835$23,116,628
52$24,123,785$21,855,009$21,212,628$24,897,419
53$26,537,723$22,879,217$21,876,564$26,833,764
54$29,196,412$23,952,140$22,561,270$28,944,566
55$32,124,770$25,076,119$23,267,397$31,246,694
56$35,350,257$26,253,608$23,995,614$33,758,698
57$38,903,128$27,487,181$24,746,612$36,500,983
58$42,816,728$28,779,533$25,521,105$39,495,988
59$47,127,797$30,133,494$26,319,825$42,768,400
60$51,876,824$31,552,026$27,143,531$46,345,375
61$57,108,425$33,038,240$27,993,003$50,256,794
62$62,871,764$34,595,394$28,869,049$54,535,532
63$69,221,019$36,226,903$29,772,497$59,217,766
64$76,215,893$37,936,352$30,704,206$64,343,310
65$83,922,176$39,727,494$31,665,058$69,955,979
66$92,412,366$41,604,269$32,655,965$76,103,997
67$101,766,354$43,570,805$33,677,867$82,840,446
68$112,072,178$45,631,431$34,731,732$90,223,756
69$123,426,855$47,790,686$35,818,560$98,318,248
70$135,937,293$50,053,328$36,939,380$107,194,734
71$149,721,304$52,424,349$38,095,257$116,931,173
72$164,908,714$54,908,979$39,287,285$127,613,398
73$181,642,589$57,512,705$40,516,595$139,335,915
74$200,080,585$60,241,279$41,784,352$152,202,785
75$220,396,435$63,100,732$43,091,759$166,328,597
76$242,781,592$66,097,389$44,440,054$181,839,529
77$267,447,034$69,237,880$45,830,515$198,874,539
78$294,625,255$72,529,160$47,264,461$217,586,653
79$324,572,462$75,978,520$48,743,251$238,144,400
80$357,570,989$79,593,604$50,268,286$260,733,390
81$393,931,969$83,382,429$51,841,013$285,558,048
82$433,998,264$87,353,402$53,462,921$312,843,530
83$478,147,706$91,515,338$55,135,548$342,837,831
84$526,796,662$95,877,479$56,860,478$375,814,108
85$580,403,965$100,449,519$58,639,348$412,073,245
86$639,475,245$105,241,622$60,473,842$451,946,669
87$704,567,704$110,264,444$62,365,699$495,799,461
88$776,295,371$115,529,164$64,316,711$544,033,785
89$855,334,906$121,047,500$66,328,729$597,092,658
90$942,431,982$126,831,743$68,403,656$655,464,113
91$1,038,408,327$132,894,781$70,543,461$719,685,782
92$1,144,169,479$139,250,128$72,750,171$790,349,945
93$1,260,713,340$145,911,958$75,025,875$868,109,099
94$1,389,139,589$152,895,133$77,372,730$953,682,089
95$1,530,660,071$160,215,238$79,792,960$1,047,860,863
96$1,686,610,231$167,888,618$82,288,858$1,151,517,926
97$1,858,461,727$175,932,413$84,862,787$1,265,614,540
98$2,047,836,320$184,364,597$87,517,187$1,391,209,768
99$2,256,521,182$193,204,020$90,254,570$1,529,470,440
100$2,486,485,776$202,470,451$93,077,532$1,681,682,131