Can I retire at age 51 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,050,773
2 years$560,066$549,635$539,526$529,725$520,218$478,712
3 years$369,668$359,193$349,109$339,400$330,048$290,026
4 years$274,488$264,045$254,062$244,518$235,393$197,161
5 years$217,395$207,014$197,163$187,814$178,942$142,598
6 years$179,346$169,043$159,337$150,196$141,591$107,160
7 years$152,178$141,962$132,410$123,484$115,151$82,622
8 years$131,811$121,687$112,294$103,588$95,529$64,872
9 years$115,979$105,951$96,719$88,234$80,449$51,619
10 years$103,321$93,390$84,321$76,059$68,547$41,490
11 years$92,971$83,140$74,235$66,194$58,952$33,609
12 years$84,352$74,622$65,882$58,061$51,087$27,392
13 years$77,065$67,437$58,861$51,259$44,549$22,433
14 years$70,824$61,298$52,887$45,502$39,051$18,443
15 years$65,420$55,997$47,750$40,580$34,384$15,210
16 years$60,696$51,376$43,292$36,335$30,388$12,576
17 years$56,533$47,315$39,394$32,647$26,945$10,419
18 years$52,836$43,721$35,962$29,421$23,958$8,647
19 years$49,532$40,521$32,921$26,584$21,354$7,187
20 years$46,562$37,654$30,214$24,077$19,074$5,980
21 years$43,878$35,073$27,791$21,852$17,069$4,980
22 years$41,442$32,739$25,613$19,868$15,300$4,151
23 years$39,221$30,620$23,649$18,094$13,734$3,462
24 years$37,188$28,689$21,872$16,503$12,345$2,889
25 years$35,321$26,924$20,258$15,072$11,108$2,412
26 years$33,600$25,304$18,788$13,781$10,006$2,015
27 years$32,009$23,814$17,446$12,614$9,021$1,683
28 years$30,534$22,440$16,219$11,557$8,140$1,407
29 years$29,164$21,169$15,093$10,598$7,350$1,176
30 years$27,887$19,992$14,058$9,726$6,641$983
31 years$26,695$18,899$13,106$8,933$6,004$822
32 years$25,580$17,882$12,228$8,210$5,431$687
33 years$24,535$16,935$11,418$7,549$4,915$575
34 years$23,553$16,051$10,668$6,946$4,450$481
35 years$22,629$15,224$9,974$6,394$4,031$402
36 years$21,759$14,449$9,330$5,889$3,652$337
37 years$20,937$13,724$8,733$5,426$3,310$282
38 years$20,161$13,042$8,178$5,001$3,001$236
39 years$19,426$12,402$7,662$4,611$2,721$197
40 years$18,730$11,800$7,182$4,253$2,468$165
41 years$18,070$11,232$6,734$3,924$2,239$138
42 years$17,442$10,697$6,317$3,622$2,032$115
43 years$16,845$10,192$5,927$3,343$1,844$97
44 years$16,278$9,715$5,564$3,087$1,674$81
45 years$15,736$9,264$5,224$2,851$1,520$68
46 years$15,220$8,838$4,907$2,633$1,380$57
47 years$14,728$8,434$4,610$2,433$1,253$47
48 years$14,257$8,051$4,332$2,248$1,138$40
49 years$13,807$7,689$4,072$2,078$1,033$33
50 years$13,376$7,344$3,828$1,920$939$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,700,000, adding $5,558 every year, while hoping to spend $48,709 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: 45/43/12 Blend
50$13,700,000$13,700,000$13,700,000$13,700,000
51$15,103,133$14,377,033$14,164,683$15,730,989
52$16,591,827$15,029,682$14,587,374$16,820,131
53$18,230,734$15,712,678$15,022,592$17,995,036
54$20,035,127$16,427,456$15,470,707$19,267,944
55$22,021,830$17,175,522$15,932,096$20,647,925
56$24,209,386$17,958,452$16,407,150$22,144,933
57$26,618,224$18,777,897$16,896,270$23,769,895
58$29,270,857$19,635,588$17,399,870$25,534,806
59$32,192,093$20,533,340$17,918,373$27,452,840
60$35,409,266$21,473,053$18,452,218$29,538,464
61$38,952,498$22,456,720$19,001,855$31,807,570
62$42,854,982$23,486,428$19,567,747$34,277,618
63$47,153,293$24,564,366$20,150,369$36,967,791
64$51,887,736$25,692,827$20,750,213$39,899,171
65$57,102,723$26,874,214$21,367,784$43,094,931
66$62,847,196$28,111,045$22,003,599$46,580,540
67$69,175,085$29,405,961$22,658,195$50,383,999
68$76,145,819$30,761,729$23,332,120$54,536,097
69$83,824,887$32,181,247$24,025,940$59,070,687
70$92,284,453$33,667,557$24,740,237$64,024,999
71$101,604,042$35,223,842$25,475,610$69,439,980
72$111,871,287$36,853,442$26,232,675$75,360,671
73$123,182,754$38,559,857$27,012,066$81,836,616
74$135,644,861$40,346,756$27,814,435$88,922,323
75$149,374,872$42,217,982$28,640,454$96,677,762
76$164,502,013$44,177,567$29,490,813$105,168,919
77$181,168,686$46,229,735$30,366,223$114,468,406
78$199,531,814$48,378,915$31,267,414$124,656,129
79$219,764,325$50,629,748$32,195,139$135,820,030
80$242,056,781$52,987,100$33,150,170$148,056,901
81$266,619,177$55,456,072$34,133,305$161,473,277
82$293,682,924$58,042,011$35,145,362$176,186,428
83$323,503,034$60,750,521$36,187,183$192,325,449
84$356,360,525$63,587,479$37,259,636$210,032,454
85$392,565,077$66,559,043$38,363,612$229,463,902
86$432,457,949$69,671,671$39,500,027$250,792,052
87$476,415,209$72,932,131$40,669,827$274,206,564
88$524,851,275$76,347,521$41,873,981$299,916,271
89$578,222,834$79,925,278$43,113,488$328,151,124
90$637,033,149$83,673,202$44,389,376$359,164,336
91$701,836,811$87,599,470$45,702,701$393,234,749
92$773,244,974$91,712,653$47,054,550$430,669,435
93$851,931,125$96,021,737$48,446,042$471,806,570
94$938,637,442$100,536,144$49,878,326$517,018,591
95$1,034,181,797$105,265,751$51,352,586$566,715,684
96$1,139,465,482$110,220,914$52,870,039$621,349,623
97$1,255,481,712$115,412,490$54,431,936$681,417,996
98$1,383,325,006$120,851,862$56,039,566$747,468,869
99$1,524,201,518$126,550,964$57,694,252$820,105,922
100$1,679,440,420$132,522,309$59,397,357$899,994,106