Can I retire at age 51 with 20,000,000?

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 $20,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,565,831
2 years$817,615$802,387$787,630$773,321$759,442$730,332
3 years$539,662$524,369$509,648$495,474$481,821$453,505
4 years$400,713$385,467$370,894$356,961$343,639$316,334
5 years$317,365$302,211$287,829$274,180$261,229$235,014
6 years$261,818$246,778$232,608$219,264$206,701$181,606
7 years$222,157$207,243$193,299$180,269$168,104$144,134
8 years$192,425$177,646$163,933$151,223$139,458$116,608
9 years$169,313$154,673$141,195$128,809$117,444$95,701
10 years$150,833$136,336$123,097$111,034$100,068$79,412
11 years$135,724$121,372$108,373$96,633$86,062$66,469
12 years$123,141$108,937$96,178$84,760$74,579$56,024
13 years$112,503$98,447$85,929$74,831$65,035$47,487
14 years$103,392$89,486$77,207$66,426$57,009$40,437
15 years$95,503$81,747$69,708$59,241$50,195$34,567
16 years$88,608$75,001$63,201$53,044$44,363$29,644
17 years$82,529$69,073$57,510$47,659$39,335$25,491
18 years$77,132$63,827$52,499$42,951$34,975$21,969
19 years$72,309$59,154$48,060$38,809$31,174$18,971
20 years$67,974$54,969$44,107$35,149$27,845$16,410
21 years$64,056$51,201$40,570$31,900$24,918$14,214
22 years$60,500$47,795$37,392$29,005$22,336$12,327
23 years$57,257$44,701$34,525$26,415$20,050$10,702
24 years$54,289$41,882$31,930$24,092$18,021$9,299
25 years$51,563$39,304$29,573$22,002$16,216$8,086
26 years$49,051$36,940$27,428$20,118$14,607$7,037
27 years$46,728$34,765$25,469$18,414$13,170$6,127
28 years$44,576$32,759$23,677$16,871$11,883$5,338
29 years$42,575$30,904$22,033$15,471$10,730$4,652
30 years$40,711$29,186$20,523$14,199$9,695$4,056
31 years$38,971$27,590$19,133$13,041$8,766$3,537
32 years$37,343$26,106$17,851$11,985$7,929$3,086
33 years$35,817$24,723$16,668$11,021$7,176$2,693
34 years$34,384$23,431$15,574$10,140$6,497$2,350
35 years$33,035$22,224$14,560$9,335$5,884$2,052
36 years$31,765$21,094$13,621$8,597$5,332$1,791
37 years$30,565$20,035$12,749$7,921$4,832$1,564
38 years$29,432$19,040$11,939$7,301$4,381$1,366
39 years$28,360$18,105$11,185$6,732$3,973$1,193
40 years$27,343$17,226$10,484$6,209$3,603$1,042
41 years$26,379$16,397$9,831$5,729$3,269$911
42 years$25,463$15,616$9,221$5,287$2,966$796
43 years$24,592$14,879$8,653$4,880$2,692$695
44 years$23,763$14,183$8,122$4,506$2,444$607
45 years$22,973$13,525$7,627$4,162$2,218$531
46 years$22,219$12,902$7,163$3,844$2,014$464
47 years$21,500$12,312$6,730$3,552$1,829$405
48 years$20,813$11,754$6,324$3,282$1,661$354
49 years$20,156$11,224$5,944$3,033$1,509$310
50 years$19,527$10,722$5,588$2,803$1,370$271

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $20,000,000, adding $6,540 every year, while hoping to spend $42,373 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: 30/45/25 Blend
50$20,000,000$20,000,000$20,000,000$20,000,000
51$22,046,746$20,986,746$20,676,746$22,537,390
52$24,250,430$21,970,012$21,324,332$23,900,562
53$26,677,469$23,000,038$21,992,193$25,361,810
54$29,350,601$24,079,070$22,680,962$26,932,955
55$32,294,882$25,209,464$23,391,293$28,623,560
56$35,537,920$26,393,688$24,123,862$30,444,095
57$39,110,141$27,634,332$24,879,365$32,406,018
58$43,045,070$28,934,109$25,658,518$34,521,880
59$47,379,651$30,295,864$26,462,062$36,805,429
60$52,154,595$31,722,581$27,290,761$39,271,730
61$57,414,763$33,217,387$28,145,401$41,937,293
62$63,209,591$34,783,561$29,026,794$44,820,220
63$69,593,554$36,424,541$29,935,777$47,940,360
64$76,626,685$38,143,931$30,873,213$51,319,483
65$84,375,134$39,945,511$31,839,993$54,981,474
66$92,911,800$41,833,243$32,837,035$58,952,539
67$102,317,013$43,811,282$33,865,285$63,261,444
68$112,679,296$45,883,983$34,925,720$67,939,761
69$124,096,200$48,055,913$36,019,348$73,022,158
70$136,675,222$50,331,863$37,147,205$78,546,702
71$150,534,822$52,716,852$38,310,364$84,555,202
72$165,805,542$55,216,145$39,509,929$91,093,587
73$182,631,234$57,835,263$40,747,038$98,212,315
74$201,170,423$60,579,993$42,022,867$105,966,829
75$221,597,799$63,456,406$43,338,626$114,418,061
76$244,105,869$66,470,865$44,695,565$123,632,981
77$268,906,774$69,630,043$46,094,972$133,685,204
78$296,234,286$72,940,937$47,538,175$144,655,663
79$326,346,024$76,410,884$49,026,545$156,633,343
80$359,525,879$80,047,577$50,561,494$169,716,097
81$396,086,694$83,859,084$52,144,480$184,011,535
82$436,373,222$87,853,864$53,777,005$199,638,013
83$480,765,374$92,040,787$55,460,618$216,725,719
84$529,681,811$96,429,155$57,196,918$235,417,865
85$583,583,894$101,028,721$58,987,553$255,872,008
86$642,980,037$105,849,714$60,834,222$278,261,497
87$708,430,510$110,902,860$62,738,678$302,777,074
88$780,552,727$116,199,404$64,702,728$329,628,630
89$860,027,072$121,751,142$66,728,236$359,047,152
90$947,603,326$127,570,441$68,817,125$391,286,852
91$1,044,107,743$133,670,271$70,971,377$426,627,523
92$1,150,450,851$140,064,231$73,193,035$465,377,135
93$1,267,636,045$146,766,586$75,484,210$507,874,688
94$1,396,769,064$153,792,291$77,847,073$554,493,363
95$1,539,068,426$161,157,031$80,283,868$605,643,983
96$1,695,876,934$168,877,255$82,796,906$661,778,842
97$1,868,674,352$176,970,210$85,388,572$723,395,909
98$2,059,091,372$185,453,986$88,061,325$791,043,465
99$2,268,925,013$194,347,553$90,817,701$865,325,215
100$2,500,155,585$203,670,804$93,660,315$946,905,915