Can I retire at age 51 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,040,384
2 years$551,890$541,611$531,650$521,992$512,623$476,585
3 years$364,272$353,949$344,013$334,445$325,229$290,408
4 years$270,481$260,190$250,353$240,949$231,956$198,619
5 years$214,222$203,992$194,284$185,072$176,329$144,565
6 years$176,727$166,575$157,011$148,003$139,524$109,357
7 years$149,956$139,889$130,477$121,682$113,470$84,897
8 years$129,887$119,911$110,654$102,076$94,134$67,134
9 years$114,286$104,404$95,307$86,946$79,275$53,813
10 years$101,812$92,027$83,091$74,948$67,546$43,583
11 years$91,613$81,926$73,152$65,227$58,092$35,581
12 years$83,120$73,533$64,920$57,213$50,341$29,232
13 years$75,940$66,452$58,002$50,511$43,898$24,137
14 years$69,790$60,403$52,115$44,838$38,481$20,011
15 years$64,465$55,179$47,053$39,987$33,882$16,645
16 years$59,810$50,626$42,660$35,804$29,945$13,882
17 years$55,707$46,625$38,819$32,170$26,551$11,604
18 years$52,064$43,083$35,437$28,992$23,608$9,717
19 years$48,809$39,929$32,441$26,196$21,042$8,150
20 years$45,882$37,104$29,772$23,726$18,795$6,844
21 years$43,238$34,561$27,385$21,533$16,820$5,753
22 years$40,837$32,261$25,239$19,578$15,077$4,840
23 years$38,649$30,173$23,304$17,830$13,534$4,076
24 years$36,645$28,271$21,552$16,262$12,164$3,434
25 years$34,805$26,531$19,962$14,852$10,946$2,895
26 years$33,109$24,934$18,514$13,580$9,860$2,441
27 years$31,542$23,466$17,192$12,430$8,889$2,059
28 years$30,089$22,112$15,982$11,388$8,021$1,738
29 years$28,738$20,860$14,872$10,443$7,243$1,467
30 years$27,480$19,700$13,853$9,584$6,544$1,239
31 years$26,306$18,623$12,915$8,802$5,917$1,046
32 years$25,207$17,621$12,050$8,090$5,352$883
33 years$24,177$16,688$11,251$7,439$4,844$746
34 years$23,209$15,816$10,512$6,845$4,385$630
35 years$22,299$15,001$9,828$6,301$3,972$533
36 years$21,441$14,239$9,194$5,803$3,599$450
37 years$20,632$13,523$8,605$5,347$3,262$380
38 years$19,867$12,852$8,059$4,928$2,957$321
39 years$19,143$12,221$7,550$4,544$2,682$272
40 years$18,457$11,627$7,077$4,191$2,432$229
41 years$17,806$11,068$6,636$3,867$2,207$194
42 years$17,187$10,541$6,224$3,569$2,002$164
43 years$16,600$10,043$5,841$3,294$1,817$139
44 years$16,040$9,573$5,483$3,042$1,649$117
45 years$15,507$9,129$5,148$2,809$1,497$99
46 years$14,998$8,709$4,835$2,595$1,360$84
47 years$14,513$8,311$4,543$2,397$1,235$71
48 years$14,049$7,934$4,269$2,215$1,121$60
49 years$13,605$7,576$4,012$2,047$1,018$51
50 years$13,181$7,237$3,772$1,892$925$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,500,000, adding $5,859 every year, while hoping to spend $31,870 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: 65/14/21 Blend
50$13,500,000$13,500,000$13,500,000$13,500,000
51$14,883,044$14,167,544$13,958,294$15,770,323
52$16,367,205$14,827,844$14,391,987$17,027,730
53$18,001,682$15,519,431$14,839,141$18,397,206
54$19,801,774$16,243,803$15,300,173$19,893,142
55$21,784,339$17,002,534$15,775,513$21,527,937
56$23,967,954$17,797,270$16,265,604$23,315,236
57$26,373,087$18,629,739$16,770,905$25,270,055
58$29,022,298$19,501,751$17,291,885$27,408,919
59$31,940,441$20,415,205$17,829,032$29,750,017
60$35,154,907$21,372,092$18,382,846$32,313,372
61$38,695,880$22,374,497$18,953,844$35,121,020
62$42,596,620$23,424,608$19,542,558$38,197,225
63$46,893,780$24,524,718$20,149,538$41,568,694
64$51,627,747$25,677,231$20,775,349$45,264,837
65$56,843,029$26,884,667$21,420,575$49,318,028
66$62,588,671$28,149,669$22,085,818$53,763,919
67$68,918,720$29,475,007$22,771,697$58,641,764
68$75,892,733$30,863,585$23,478,852$63,994,790
69$83,576,340$32,318,450$24,207,943$69,870,598
70$92,041,866$33,842,794$24,959,648$76,321,611
71$101,369,009$35,439,963$25,734,669$83,405,560
72$111,645,595$37,113,468$26,533,727$91,186,028
73$122,968,407$38,866,989$27,357,568$99,733,042
74$135,444,097$40,704,384$28,206,959$109,123,730
75$149,190,194$42,629,698$29,082,691$119,443,045
76$164,336,213$44,647,172$29,985,580$130,784,557
77$181,024,877$46,761,254$30,916,468$143,251,337
78$199,413,465$48,976,606$31,876,221$156,956,916
79$219,675,298$51,298,119$32,865,733$172,026,354
80$242,001,369$53,730,918$33,885,926$188,597,416
81$266,602,155$56,280,379$34,937,750$206,821,859
82$293,709,594$58,952,137$36,022,185$226,866,863
83$323,579,285$61,752,104$37,140,240$248,916,600
84$356,492,890$64,686,475$38,292,956$273,173,961
85$392,760,801$67,761,748$39,481,406$299,862,466
86$432,725,066$70,984,738$40,706,697$329,228,367
87$476,762,621$74,362,587$41,969,969$361,542,959
88$525,288,843$77,902,789$43,272,398$397,105,132
89$578,761,478$81,613,199$44,615,196$436,244,187
90$637,684,956$85,502,053$45,999,613$479,322,928
91$702,615,158$89,577,990$47,426,936$526,741,082
92$774,164,660$93,850,068$48,898,495$578,939,054
93$853,008,519$98,327,784$50,415,657$636,402,081
94$939,890,641$103,021,099$51,979,835$699,664,793
95$1,035,630,811$107,940,457$53,592,484$769,316,249
96$1,141,132,424$113,096,810$55,255,103$846,005,488
97$1,257,391,021$118,501,644$56,969,238$930,447,638
98$1,385,503,682$124,167,001$58,736,485$1,023,430,652
99$1,526,679,386$130,105,513$60,558,486$1,125,822,733
100$1,682,250,424$136,330,423$62,436,935$1,238,580,515