Can I retire at age 51 with 13,000,000?

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 $13,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,021,991
2 years$531,449$521,552$511,959$502,659$493,637$478,909
3 years$350,780$340,840$331,272$322,058$313,184$298,832
4 years$260,463$250,553$241,081$232,025$223,365$209,500
5 years$206,287$196,437$187,089$178,217$169,799$156,461
6 years$170,182$160,405$151,195$142,522$134,356$121,562
7 years$144,402$134,708$125,644$117,175$109,267$97,021
8 years$125,077$115,470$106,556$98,295$90,648$78,947
9 years$110,053$100,537$91,777$83,726$76,339$65,178
10 years$98,042$88,619$80,013$72,172$65,044$54,416
11 years$88,220$78,892$70,442$62,812$55,940$45,834
12 years$80,042$70,809$62,516$55,094$48,477$38,880
13 years$73,127$63,991$55,854$48,640$42,273$33,173
14 years$67,205$58,166$50,185$43,177$37,056$28,439
15 years$62,077$53,136$45,310$38,506$32,627$24,478
16 years$57,595$48,751$41,080$34,478$28,836$21,139
17 years$53,644$44,898$37,381$30,978$25,568$18,307
18 years$50,136$41,488$34,124$27,918$22,734$15,893
19 years$47,001$38,450$31,239$25,226$20,263$13,825
20 years$44,183$35,730$28,670$22,847$18,099$12,048
21 years$41,637$33,281$26,371$20,735$16,197$10,515
22 years$39,325$31,067$24,305$18,853$14,518$9,189
23 years$37,217$29,056$22,441$17,170$13,032$8,039
24 years$35,288$27,224$20,754$15,660$11,714$7,041
25 years$33,516$25,548$19,223$14,302$10,541$6,171
26 years$31,883$24,011$17,828$13,077$9,495$5,413
27 years$30,373$22,597$16,555$11,969$8,560$4,751
28 years$28,974$21,293$15,390$10,966$7,724$4,173
29 years$27,674$20,088$14,322$10,056$6,975$3,666
30 years$26,462$18,971$13,340$9,229$6,302$3,223
31 years$25,331$17,934$12,436$8,476$5,698$2,834
32 years$24,273$16,969$11,603$7,790$5,154$2,493
33 years$23,281$16,070$10,834$7,164$4,664$2,194
34 years$22,349$15,230$10,123$6,591$4,223$1,931
35 years$21,473$14,446$9,464$6,067$3,825$1,700
36 years$20,647$13,711$8,853$5,588$3,466$1,497
37 years$19,868$13,022$8,287$5,149$3,141$1,318
38 years$19,131$12,376$7,760$4,746$2,848$1,161
39 years$18,434$11,768$7,270$4,376$2,582$1,023
40 years$17,773$11,197$6,815$4,036$2,342$901
41 years$17,146$10,658$6,390$3,724$2,125$794
42 years$16,551$10,150$5,994$3,436$1,928$700
43 years$15,985$9,671$5,624$3,172$1,750$617
44 years$15,446$9,219$5,280$2,929$1,588$544
45 years$14,932$8,791$4,957$2,705$1,442$479
46 years$14,443$8,386$4,656$2,499$1,309$422
47 years$13,975$8,003$4,374$2,309$1,189$372
48 years$13,528$7,640$4,111$2,133$1,080$328
49 years$13,101$7,296$3,864$1,971$981$289
50 years$12,693$6,969$3,632$1,822$891$255

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,000,000, adding $6,971 every year, while hoping to spend $29,658 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: 29/48/23 Blend
50$13,000,000$13,000,000$13,000,000$13,000,000
51$14,333,191$13,644,191$13,442,691$14,645,681
52$15,763,620$14,281,200$13,861,465$15,525,466
53$17,338,960$14,948,429$14,293,274$16,467,580
54$19,073,958$15,647,327$14,738,523$17,479,860
55$20,984,869$16,379,413$15,197,631$18,568,365
56$23,089,602$17,146,280$15,671,028$19,739,724
57$25,407,892$17,949,599$16,159,158$21,001,190
58$27,961,487$18,791,120$16,662,480$22,360,703
59$30,774,352$19,672,677$17,181,466$23,826,958
60$33,872,894$20,596,196$17,716,603$25,409,481
61$37,286,213$21,563,694$18,268,394$27,118,704
62$41,046,377$22,577,285$18,837,355$28,966,065
63$45,188,721$23,639,186$19,424,020$30,964,100
64$49,752,187$24,751,723$20,028,941$33,126,555
65$54,779,684$25,917,331$20,652,685$35,468,504
66$60,318,499$27,138,567$21,295,836$38,006,486
67$66,420,738$28,418,109$21,958,999$40,758,644
68$73,143,822$29,758,765$22,642,795$43,744,893
69$80,551,028$31,163,481$23,347,865$46,987,089
70$88,712,086$32,635,344$24,074,871$50,509,227
71$97,703,834$34,177,591$24,824,494$54,337,657
72$107,610,948$35,793,617$25,597,438$58,501,315
73$118,526,740$37,486,979$26,394,427$63,031,987
74$130,554,036$39,261,409$27,216,209$67,964,589
75$143,806,149$41,120,820$28,063,554$73,337,488
76$158,407,950$43,069,314$28,937,256$79,192,843
77$174,497,042$45,111,191$29,838,136$85,576,992
78$192,225,063$47,250,962$30,767,036$92,540,866
79$211,759,116$49,493,356$31,724,828$100,140,456
80$233,283,345$51,843,330$32,712,409$108,437,321
81$257,000,677$54,306,084$33,730,706$117,499,150
82$283,134,734$56,887,070$34,780,672$127,400,381
83$311,931,944$59,592,004$35,863,292$138,222,879
84$343,663,870$62,426,879$36,979,580$150,056,689
85$378,629,770$65,397,982$38,130,581$163,000,863
86$417,159,427$68,511,903$39,317,375$177,164,367
87$459,616,254$71,775,552$40,541,074$192,667,086
88$506,400,736$75,196,178$41,802,823$209,640,927
89$557,954,198$78,781,378$43,103,805$228,231,037
90$614,762,982$82,539,121$44,445,238$248,597,142
91$677,363,032$86,477,763$45,828,379$270,915,028
92$746,344,955$90,606,068$47,254,524$295,378,159
93$822,359,597$94,933,222$48,725,007$322,199,477
94$906,124,188$99,468,861$50,241,207$351,613,374
95$998,429,110$104,223,091$51,804,542$383,877,865
96$1,100,145,362$109,206,505$53,416,477$419,276,988
97$1,212,232,781$114,430,216$55,078,522$458,123,442
98$1,335,749,104$119,905,876$56,792,231$500,761,493
99$1,471,859,952$125,645,703$58,559,210$547,570,187
100$1,621,849,836$131,662,511$60,381,112$598,966,873