Can I retire at age 51 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,045,143
2 years$543,714$533,587$523,774$514,258$505,029$489,528
3 years$358,875$348,705$338,916$329,490$320,411$305,310
4 years$266,474$256,335$246,644$237,379$228,520$213,934
5 years$211,048$200,970$191,406$182,330$173,717$159,689
6 years$174,109$164,107$154,685$145,811$137,456$124,002
7 years$147,735$137,817$128,544$119,879$111,789$98,913
8 years$127,963$118,135$109,015$100,564$92,740$80,441
9 years$112,593$102,857$93,895$85,658$78,100$66,372
10 years$100,304$90,664$81,860$73,838$66,545$55,379
11 years$90,256$80,713$72,068$64,261$57,231$46,616
12 years$81,889$72,443$63,958$56,366$49,595$39,518
13 years$74,814$65,468$57,143$49,762$43,248$33,695
14 years$68,756$59,508$51,343$44,173$37,911$28,868
15 years$63,510$54,362$46,356$39,395$33,380$24,830
16 years$58,924$49,876$42,028$35,274$29,501$21,428
17 years$54,882$45,934$38,244$31,693$26,158$18,544
18 years$51,293$42,445$34,912$28,562$23,258$16,087
19 years$48,086$39,338$31,960$25,808$20,731$13,984
20 years$45,202$36,554$29,331$23,374$18,517$12,177
21 years$42,597$34,049$26,979$21,214$16,571$10,620
22 years$40,232$31,783$24,866$19,288$14,853$9,274
23 years$38,076$29,726$22,959$17,566$13,333$8,107
24 years$36,102$27,852$21,233$16,021$11,984$7,094
25 years$34,289$26,137$19,666$14,632$10,784$6,213
26 years$32,619$24,565$18,239$13,378$9,714$5,446
27 years$31,074$23,119$16,937$12,246$8,758$4,776
28 years$29,643$21,784$15,745$11,220$7,902$4,191
29 years$28,312$20,551$14,652$10,289$7,136$3,680
30 years$27,073$19,408$13,648$9,442$6,447$3,232
31 years$25,916$18,347$12,723$8,672$5,829$2,840
32 years$24,833$17,360$11,871$7,970$5,273$2,496
33 years$23,818$16,441$11,084$7,329$4,772$2,195
34 years$22,865$15,582$10,356$6,743$4,320$1,930
35 years$21,968$14,779$9,683$6,208$3,913$1,698
36 years$21,123$14,028$9,058$5,717$3,546$1,494
37 years$20,326$13,323$8,478$5,267$3,213$1,314
38 years$19,572$12,662$7,939$4,855$2,913$1,157
39 years$18,859$12,040$7,438$4,477$2,642$1,018
40 years$18,183$11,455$6,972$4,129$2,396$896
41 years$17,542$10,904$6,537$3,810$2,174$789
42 years$16,933$10,385$6,132$3,516$1,973$695
43 years$16,354$9,895$5,754$3,245$1,790$612
44 years$15,802$9,432$5,401$2,997$1,625$539
45 years$15,277$8,994$5,072$2,768$1,475$474
46 years$14,776$8,580$4,764$2,556$1,339$418
47 years$14,298$8,188$4,475$2,362$1,216$368
48 years$13,841$7,816$4,205$2,182$1,105$324
49 years$13,404$7,464$3,953$2,017$1,003$285
50 years$12,985$7,130$3,716$1,864$911$251

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,300,000, adding $2,375 every year, while hoping to spend $48,637 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: 59/18/23 Blend
50$13,300,000$13,300,000$13,300,000$13,300,000
51$14,659,050$13,954,150$13,748,000$15,433,624
52$16,102,524$14,586,154$14,156,808$16,592,810
53$17,691,601$15,247,496$14,577,682$17,851,040
54$19,441,084$15,939,562$15,010,973$19,222,319
55$21,367,279$16,663,805$15,457,046$20,717,611
56$23,488,157$17,421,747$15,916,272$22,348,975
57$25,823,519$18,214,983$16,389,038$24,129,680
58$28,395,185$19,045,184$16,875,737$26,074,321
59$31,227,197$19,914,101$17,376,777$28,198,958
60$34,346,049$20,823,570$17,892,577$30,521,263
61$37,780,934$21,775,513$18,423,567$33,060,682
62$41,564,023$22,771,947$18,970,190$35,838,617
63$45,730,764$23,814,983$19,532,902$38,878,625
64$50,320,220$24,906,836$20,112,173$42,206,633
65$55,375,436$26,049,823$20,708,483$45,851,179
66$60,943,843$27,246,378$21,322,331$49,843,681
67$67,077,712$28,499,047$21,954,226$54,218,727
68$73,834,640$29,810,502$22,604,693$59,014,394
69$81,278,097$31,183,540$23,274,274$64,272,606
70$89,478,025$32,621,096$23,963,524$70,039,524
71$98,511,496$34,126,242$24,673,016$76,365,976
72$108,463,444$35,702,203$25,403,336$83,307,933
73$119,427,458$37,352,354$26,155,091$90,927,026
74$131,506,676$39,080,236$26,928,904$99,291,129
75$144,814,749$40,889,560$27,725,414$108,474,990
76$159,476,918$42,784,213$28,545,280$118,560,930
77$175,631,197$44,768,274$29,389,181$129,639,612
78$193,429,674$46,846,013$30,257,813$141,810,893
79$213,039,944$49,021,911$31,151,893$155,184,759
80$234,646,695$51,300,662$32,072,158$169,882,351
81$258,453,450$53,687,186$33,019,368$186,037,105
82$284,684,488$56,186,644$33,994,302$203,796,003
83$313,586,957$58,804,442$34,997,763$223,320,948
84$345,433,216$61,546,248$36,030,577$244,790,288
85$380,523,395$64,418,005$37,093,592$268,400,487
86$419,188,236$67,425,942$38,187,682$294,367,971
87$461,792,211$70,576,589$39,313,745$322,931,158
88$508,736,965$73,876,790$40,472,704$354,352,703
89$560,465,106$77,333,723$41,665,510$388,921,962
90$617,464,382$80,954,910$42,893,140$426,957,711
91$680,272,286$84,748,239$44,156,597$468,811,147
92$749,481,133$88,721,976$45,456,917$514,869,188
93$825,743,646$92,884,790$46,795,161$565,558,111
94$909,779,122$97,245,769$48,172,423$621,347,564
95$1,002,380,219$101,814,438$49,589,825$682,754,985
96$1,104,420,442$106,600,786$51,048,526$750,350,471
97$1,216,862,388$111,615,285$52,549,712$824,762,141
98$1,340,766,830$116,868,913$54,094,606$906,682,056
99$1,477,302,737$122,373,180$55,684,465$996,872,725
100$1,627,758,303$128,140,153$57,320,582$1,096,174,296