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

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 $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%19.2%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,535,800
2 years$817,615$802,387$787,630$773,321$759,442$700,639
3 years$539,662$524,369$509,648$495,474$481,821$425,092
4 years$400,713$385,467$370,894$356,961$343,639$289,417
5 years$317,365$302,211$287,829$274,180$261,229$209,654
6 years$261,818$246,778$232,608$219,264$206,701$157,811
7 years$222,157$207,243$193,299$180,269$168,104$121,885
8 years$192,425$177,646$163,933$151,223$139,458$95,870
9 years$169,313$154,673$141,195$128,809$117,444$76,425
10 years$150,833$136,336$123,097$111,034$100,068$61,546
11 years$135,724$121,372$108,373$96,633$86,062$49,953
12 years$123,141$108,937$96,178$84,760$74,579$40,794
13 years$112,503$98,447$85,929$74,831$65,035$33,477
14 years$103,392$89,486$77,207$66,426$57,009$27,580
15 years$95,503$81,747$69,708$59,241$50,195$22,794
16 years$88,608$75,001$63,201$53,044$44,363$18,888
17 years$82,529$69,073$57,510$47,659$39,335$15,684
18 years$77,132$63,827$52,499$42,951$34,975$13,046
19 years$72,309$59,154$48,060$38,809$31,174$10,867
20 years$67,974$54,969$44,107$35,149$27,845$9,063
21 years$64,056$51,201$40,570$31,900$24,918$7,565
22 years$60,500$47,795$37,392$29,005$22,336$6,321
23 years$57,257$44,701$34,525$26,415$20,050$5,284
24 years$54,289$41,882$31,930$24,092$18,021$4,420
25 years$51,563$39,304$29,573$22,002$16,216$3,700
26 years$49,051$36,940$27,428$20,118$14,607$3,097
27 years$46,728$34,765$25,469$18,414$13,170$2,594
28 years$44,576$32,759$23,677$16,871$11,883$2,173
29 years$42,575$30,904$22,033$15,471$10,730$1,821
30 years$40,711$29,186$20,523$14,199$9,695$1,526
31 years$38,971$27,590$19,133$13,041$8,766$1,279
32 years$37,343$26,106$17,851$11,985$7,929$1,072
33 years$35,817$24,723$16,668$11,021$7,176$899
34 years$34,384$23,431$15,574$10,140$6,497$754
35 years$33,035$22,224$14,560$9,335$5,884$632
36 years$31,765$21,094$13,621$8,597$5,332$530
37 years$30,565$20,035$12,749$7,921$4,832$445
38 years$29,432$19,040$11,939$7,301$4,381$373
39 years$28,360$18,105$11,185$6,732$3,973$313
40 years$27,343$17,226$10,484$6,209$3,603$262
41 years$26,379$16,397$9,831$5,729$3,269$220
42 years$25,463$15,616$9,221$5,287$2,966$185
43 years$24,592$14,879$8,653$4,880$2,692$155
44 years$23,763$14,183$8,122$4,506$2,444$130
45 years$22,973$13,525$7,627$4,162$2,218$109
46 years$22,219$12,902$7,163$3,844$2,014$91
47 years$21,500$12,312$6,730$3,552$1,829$77
48 years$20,813$11,754$6,324$3,282$1,661$64
49 years$20,156$11,224$5,944$3,033$1,509$54
50 years$19,527$10,722$5,588$2,803$1,370$45

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 $6,758 every year, while hoping to spend $34,308 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: 80/7/13 Blend
50$20,000,000$20,000,000$20,000,000$20,000,000
51$22,046,971$20,986,971$20,676,971$23,755,114
52$24,259,258$21,978,829$21,333,146$25,870,345
53$26,696,050$23,018,138$22,010,153$28,185,999
54$29,380,207$24,107,188$22,708,654$30,726,274
55$32,336,925$25,248,377$23,429,331$33,513,651
56$35,593,967$26,444,223$24,172,889$36,572,883
57$39,181,925$27,697,363$24,940,054$39,931,234
58$43,134,512$29,010,565$25,731,576$43,618,728
59$47,488,878$30,386,728$26,548,230$47,668,434
60$52,285,961$31,828,895$27,390,813$52,116,773
61$57,570,872$33,340,254$28,260,148$57,003,861
62$63,393,325$34,924,150$29,157,087$62,373,885
63$69,808,099$36,584,088$30,082,504$68,275,514
64$76,875,563$38,323,747$31,037,306$74,762,360
65$84,662,240$40,146,980$32,022,426$81,893,480
66$93,241,437$42,057,831$33,038,826$89,733,926
67$102,693,938$44,060,538$34,087,500$98,355,362
68$113,108,762$46,159,547$35,169,474$107,836,734
69$124,584,010$48,359,519$36,285,805$118,265,010
70$137,227,785$50,665,342$37,437,586$129,736,000
71$151,159,216$53,082,140$38,625,942$142,355,256
72$166,509,579$55,615,288$39,852,034$156,239,063
73$183,423,542$58,270,423$41,117,063$171,515,533
74$202,060,523$61,053,454$42,422,265$188,325,811
75$222,596,202$63,970,578$43,768,916$206,825,402
76$245,224,173$67,028,295$45,158,333$227,185,635
77$270,157,776$70,233,420$46,591,875$249,595,272
78$297,632,111$73,593,099$48,070,944$274,262,290
79$327,906,252$77,114,826$49,596,987$301,415,835
80$361,265,699$80,806,462$51,171,495$331,308,381
81$398,025,070$84,676,248$52,796,009$364,218,107
82$438,531,070$88,732,827$54,472,118$400,451,517
83$483,165,766$92,985,262$56,201,462$440,346,328
84$532,350,194$97,443,060$57,985,730$484,274,650
85$586,548,331$102,116,188$59,826,670$532,646,492
86$646,271,478$107,015,098$61,726,081$585,913,628
87$712,083,086$112,150,755$63,685,822$644,573,848
88$784,604,074$117,534,655$65,707,809$709,175,659
89$864,518,690$123,178,854$67,794,021$780,323,445
90$952,580,974$129,095,996$69,946,499$858,683,171
91$1,049,621,875$135,299,341$72,167,349$944,988,657
92$1,156,557,094$141,802,796$74,458,742$1,040,048,499
93$1,274,395,729$148,620,944$76,822,922$1,144,753,691
94$1,404,249,804$155,769,081$79,262,200$1,260,086,027
95$1,547,344,764$163,263,247$81,778,964$1,387,127,359
96$1,705,031,048$171,120,263$84,375,677$1,527,069,798
97$1,878,796,831$179,357,772$87,054,878$1,681,226,959
98$2,070,282,081$187,994,277$89,819,190$1,851,046,349
99$2,281,294,038$197,049,181$92,671,318$2,038,123,018
100$2,513,824,276$206,542,837$95,614,053$2,244,214,606