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%19.2%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,528,121
2 years$813,526$798,375$783,691$769,454$755,645$697,135
3 years$536,964$521,747$507,100$492,997$479,412$422,967
4 years$398,709$383,539$369,039$355,176$341,921$287,970
5 years$315,778$300,700$286,390$272,810$259,923$208,606
6 years$260,509$245,544$231,445$218,168$205,668$157,022
7 years$221,047$206,207$192,332$179,368$167,263$121,276
8 years$191,463$176,758$163,113$150,467$138,761$95,390
9 years$168,466$153,899$140,489$128,165$116,857$76,043
10 years$150,079$135,655$122,482$110,479$99,568$61,238
11 years$135,045$120,765$107,831$96,150$85,632$49,703
12 years$122,526$108,393$95,697$84,337$74,207$40,590
13 years$111,940$97,955$85,499$74,457$64,710$33,310
14 years$102,875$89,039$76,821$66,094$56,724$27,442
15 years$95,026$81,338$69,359$58,944$49,944$22,681
16 years$88,165$74,626$62,885$52,778$44,141$18,793
17 years$82,117$68,728$57,222$47,421$39,138$15,605
18 years$76,747$63,508$52,237$42,736$34,800$12,980
19 years$71,948$58,858$47,820$38,615$31,018$10,813
20 years$67,634$54,694$43,887$34,974$27,706$9,017
21 years$63,736$50,945$40,367$31,741$24,794$7,528
22 years$60,197$47,556$37,205$28,860$22,224$6,289
23 years$56,971$44,478$34,352$26,283$19,950$5,258
24 years$54,018$41,673$31,770$23,972$17,931$4,398
25 years$51,305$39,108$29,425$21,892$16,135$3,681
26 years$48,805$36,755$27,290$20,017$14,534$3,082
27 years$46,495$34,591$25,342$18,322$13,104$2,581
28 years$44,353$32,595$23,558$16,787$11,824$2,162
29 years$42,362$30,749$21,923$15,394$10,676$1,812
30 years$40,508$29,040$20,420$14,128$9,647$1,518
31 years$38,776$27,452$19,037$12,975$8,722$1,273
32 years$37,157$25,975$17,762$11,925$7,889$1,067
33 years$35,638$24,599$16,585$10,966$7,140$895
34 years$34,212$23,314$15,496$10,090$6,464$750
35 years$32,870$22,113$14,487$9,288$5,855$629
36 years$31,606$20,989$13,553$8,554$5,305$528
37 years$30,413$19,934$12,685$7,881$4,808$442
38 years$29,285$18,945$11,879$7,264$4,359$371
39 years$28,218$18,015$11,129$6,698$3,953$311
40 years$27,206$17,139$10,432$6,178$3,585$261
41 years$26,247$16,315$9,781$5,700$3,253$219
42 years$25,336$15,538$9,175$5,260$2,952$184
43 years$24,469$14,805$8,610$4,856$2,679$154
44 years$23,644$14,112$8,082$4,484$2,431$129
45 years$22,858$13,457$7,589$4,141$2,207$108
46 years$22,108$12,837$7,127$3,825$2,004$91
47 years$21,393$12,251$6,696$3,534$1,820$76
48 years$20,709$11,695$6,292$3,265$1,653$64
49 years$20,055$11,168$5,914$3,018$1,501$54
50 years$19,429$10,668$5,560$2,789$1,363$45

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 $2,128 every year, while hoping to spend $32,220 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: 77/17/6 Blend
50$19,900,000$19,900,000$19,900,000$19,900,000
51$21,931,995$20,877,295$20,568,845$23,608,502
52$24,134,777$21,866,001$21,223,620$25,697,811
53$26,561,162$22,902,073$21,899,249$27,983,451
54$29,233,925$23,987,799$22,596,398$30,488,344
55$32,178,161$25,125,577$23,315,753$33,234,255
56$35,421,524$26,317,920$24,058,021$36,245,142
57$38,994,487$27,567,466$24,823,932$39,547,378
58$42,930,631$28,876,978$25,614,241$43,169,998
59$47,266,961$30,249,356$26,429,724$47,144,968
60$52,044,256$31,687,639$27,271,184$51,507,481
61$57,307,450$33,195,014$28,139,449$56,296,286
62$63,106,063$34,774,822$29,035,373$61,554,051
63$69,494,661$36,430,568$29,959,838$67,327,759
64$76,533,378$38,165,928$30,913,754$73,669,145
65$84,288,477$39,984,753$31,898,060$80,635,184
66$92,832,980$41,891,084$32,913,723$88,288,618
67$102,247,356$43,889,158$33,961,744$96,698,544
68$112,620,278$45,983,419$35,043,154$105,941,064
69$124,049,464$48,178,524$36,159,018$116,099,991
70$136,642,598$50,479,361$37,310,433$127,267,639
71$150,518,344$52,891,051$38,498,534$139,545,684
72$165,807,470$55,418,967$39,724,490$153,046,116
73$182,654,078$58,068,743$40,989,507$167,892,294
74$201,216,970$60,846,286$42,294,831$184,220,097
75$221,671,140$63,757,793$43,641,747$202,179,199
76$244,209,431$66,809,760$45,031,580$221,934,478
77$269,044,355$70,009,001$46,465,700$243,667,556
78$296,410,096$73,362,659$47,945,518$267,578,512
79$326,564,725$76,878,228$49,472,492$293,887,755
80$359,792,630$80,563,565$51,048,124$322,838,094
81$396,407,209$84,426,909$52,673,966$354,697,026
82$436,753,820$88,476,904$54,351,620$389,759,242
83$481,213,047$92,722,610$56,082,737$428,349,402
84$530,204,291$97,173,531$57,869,022$470,825,183
85$584,189,729$101,839,634$59,712,234$517,580,649
86$643,678,676$106,731,371$61,614,188$569,049,951
87$709,232,396$111,859,703$63,576,759$625,711,415
88$781,469,398$117,236,126$65,601,878$688,092,040
89$861,071,277$122,872,696$67,691,540$756,772,460
90$948,789,144$128,782,055$69,847,805$832,392,408
91$1,045,450,725$134,977,464$72,072,794$915,656,737
92$1,151,968,168$141,472,829$74,368,702$1,007,342,057
93$1,269,346,656$148,282,732$76,737,788$1,108,304,048
94$1,398,693,898$155,422,470$79,182,387$1,219,485,519
95$1,541,230,587$162,908,082$81,704,908$1,341,925,284
96$1,698,301,920$170,756,391$84,307,836$1,476,767,954
97$1,871,390,302$178,985,040$86,993,734$1,625,274,713
98$2,062,129,339$187,612,533$89,765,251$1,788,835,205
99$2,272,319,260$196,658,276$92,625,115$1,968,980,628
100$2,503,943,914$206,142,621$95,576,146$2,167,398,161