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

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,527,515
2 years$813,526$798,375$783,691$769,454$755,645$696,541
3 years$536,964$521,747$507,100$492,997$479,412$422,403
4 years$398,709$383,539$369,039$355,176$341,921$287,441
5 years$315,778$300,700$286,390$272,810$259,923$208,113
6 years$260,509$245,544$231,445$218,168$205,668$156,565
7 years$221,047$206,207$192,332$179,368$167,263$120,853
8 years$191,463$176,758$163,113$150,467$138,761$95,002
9 years$168,466$153,899$140,489$128,165$116,857$75,687
10 years$150,079$135,655$122,482$110,479$99,568$60,913
11 years$135,045$120,765$107,831$96,150$85,632$49,407
12 years$122,526$108,393$95,697$84,337$74,207$40,321
13 years$111,940$97,955$85,499$74,457$64,710$33,066
14 years$102,875$89,039$76,821$66,094$56,724$27,223
15 years$95,026$81,338$69,359$58,944$49,944$22,483
16 years$88,165$74,626$62,885$52,778$44,141$18,616
17 years$82,117$68,728$57,222$47,421$39,138$15,447
18 years$76,747$63,508$52,237$42,736$34,800$12,839
19 years$71,948$58,858$47,820$38,615$31,018$10,687
20 years$67,634$54,694$43,887$34,974$27,706$8,906
21 years$63,736$50,945$40,367$31,741$24,794$7,428
22 years$60,197$47,556$37,205$28,860$22,224$6,201
23 years$56,971$44,478$34,352$26,283$19,950$5,181
24 years$54,018$41,673$31,770$23,972$17,931$4,330
25 years$51,305$39,108$29,425$21,892$16,135$3,621
26 years$48,805$36,755$27,290$20,017$14,534$3,029
27 years$46,495$34,591$25,342$18,322$13,104$2,535
28 years$44,353$32,595$23,558$16,787$11,824$2,122
29 years$42,362$30,749$21,923$15,394$10,676$1,777
30 years$40,508$29,040$20,420$14,128$9,647$1,488
31 years$38,776$27,452$19,037$12,975$8,722$1,246
32 years$37,157$25,975$17,762$11,925$7,889$1,044
33 years$35,638$24,599$16,585$10,966$7,140$874
34 years$34,212$23,314$15,496$10,090$6,464$733
35 years$32,870$22,113$14,487$9,288$5,855$614
36 years$31,606$20,989$13,553$8,554$5,305$514
37 years$30,413$19,934$12,685$7,881$4,808$431
38 years$29,285$18,945$11,879$7,264$4,359$361
39 years$28,218$18,015$11,129$6,698$3,953$303
40 years$27,206$17,139$10,432$6,178$3,585$254
41 years$26,247$16,315$9,781$5,700$3,253$213
42 years$25,336$15,538$9,175$5,260$2,952$178
43 years$24,469$14,805$8,610$4,856$2,679$149
44 years$23,644$14,112$8,082$4,484$2,431$125
45 years$22,858$13,457$7,589$4,141$2,207$105
46 years$22,108$12,837$7,127$3,825$2,004$88
47 years$21,393$12,251$6,696$3,534$1,820$74
48 years$20,709$11,695$6,292$3,265$1,653$62
49 years$20,055$11,168$5,914$3,018$1,501$52
50 years$19,429$10,668$5,560$2,789$1,363$43

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 $6,962 every year, while hoping to spend $45,588 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: 72/19/9 Blend
50$19,900,000$19,900,000$19,900,000$19,900,000
51$21,936,981$20,882,281$20,573,831$23,480,785
52$24,126,048$21,857,008$21,214,549$25,476,323
53$26,536,872$22,877,968$21,875,204$27,654,237
54$29,192,024$23,947,379$22,556,414$30,037,582
55$32,116,375$25,067,566$23,258,819$32,646,618
56$35,337,333$26,240,965$23,983,077$35,503,636
57$38,885,100$27,470,130$24,729,869$38,633,172
58$42,792,954$28,757,741$25,499,894$42,062,230
59$47,097,569$30,106,604$26,293,874$45,820,536
60$51,839,357$31,519,663$27,112,554$49,940,809
61$57,062,849$33,000,004$27,956,702$54,459,070
62$62,817,117$34,550,862$28,827,109$59,414,971
63$69,156,236$36,175,628$29,724,591$64,852,173
64$76,139,797$37,877,858$30,649,989$70,818,741
65$83,833,465$39,661,281$31,604,172$77,367,602
66$92,309,599$41,529,805$32,588,033$84,557,032
67$101,647,941$43,487,528$33,602,495$92,451,202
68$111,936,361$45,538,747$34,648,508$101,120,777
69$123,271,689$47,687,966$35,727,053$110,643,578
70$135,760,633$49,939,907$36,839,141$121,105,302
71$149,520,779$52,299,524$37,985,813$132,600,334
72$164,681,705$54,772,007$39,168,145$145,232,621
73$181,386,205$57,362,802$40,387,243$159,116,649
74$199,791,633$60,077,614$41,644,251$174,378,513
75$220,071,392$62,922,429$42,940,346$191,157,100
76$242,416,568$65,903,523$44,276,741$209,605,391
77$267,037,735$69,027,473$45,654,690$229,891,890
78$294,166,945$72,301,179$47,075,482$252,202,212
79$324,059,911$75,731,875$48,540,449$276,740,817
80$356,998,430$79,327,145$50,050,962$303,732,932
81$393,293,037$83,094,942$51,608,436$333,426,665
82$433,285,938$87,043,605$53,214,330$366,095,334
83$477,354,240$91,181,879$54,870,147$402,040,036
84$525,913,513$95,518,932$56,577,438$441,592,470
85$579,421,711$100,064,378$58,337,801$485,118,060
86$638,383,492$104,828,299$60,152,884$533,019,388
87$703,354,989$109,821,267$62,024,386$585,739,975
88$774,949,055$115,054,366$63,954,060$643,768,456
89$853,841,049$120,539,220$65,943,711$707,643,174
90$940,775,212$126,288,019$67,995,203$777,957,242
91$1,036,571,696$132,313,544$70,110,454$855,364,127
92$1,142,134,299$138,629,198$72,291,444$940,583,796
93$1,258,459,005$145,249,036$74,540,215$1,034,409,493
94$1,386,643,382$152,187,797$76,858,870$1,137,715,206
95$1,527,896,944$159,460,936$79,249,580$1,251,463,896
96$1,683,552,571$167,084,661$81,714,580$1,376,716,561
97$1,855,079,092$175,075,968$84,256,177$1,514,642,231
98$2,044,095,149$183,452,680$86,876,748$1,666,528,975
99$2,252,384,481$192,233,488$89,578,746$1,833,796,037
100$2,481,912,760$201,437,991$92,364,696$2,018,007,203