Can I retire at age 51 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,063,080
2 years$564,154$553,647$543,464$533,591$524,015$486,758
3 years$372,367$361,815$351,657$341,877$332,457$296,465
4 years$276,492$265,972$255,917$246,303$237,111$202,659
5 years$218,982$208,525$198,602$189,185$180,248$147,428
6 years$180,655$170,277$160,500$151,292$142,624$111,461
7 years$153,289$142,998$133,376$124,386$115,992$86,481
8 years$132,774$122,576$113,113$104,344$96,226$68,346
9 years$116,826$106,724$97,425$88,878$81,036$54,752
10 years$104,075$94,072$84,937$76,614$69,047$44,315
11 years$93,649$83,747$74,777$66,677$59,383$36,155
12 years$84,967$75,167$66,363$58,485$51,460$29,684
13 years$77,627$67,929$59,291$51,633$44,874$24,493
14 years$71,341$61,745$53,273$45,834$39,336$20,292
15 years$65,897$56,405$48,098$40,876$34,635$16,867
16 years$61,139$51,751$43,608$36,600$30,610$14,057
17 years$56,945$47,661$39,682$32,885$27,141$11,741
18 years$53,221$44,041$36,224$29,636$24,133$9,825
19 years$49,893$40,816$33,162$26,779$21,510$8,234
20 years$46,902$37,929$30,434$24,253$19,213$6,909
21 years$44,199$35,329$27,994$22,011$17,194$5,804
22 years$41,745$32,978$25,800$20,013$15,412$4,879
23 years$39,507$30,844$23,822$18,226$13,834$4,105
24 years$37,460$28,899$22,031$16,624$12,435$3,456
25 years$35,579$27,120$20,405$15,182$11,189$2,911
26 years$33,845$25,489$18,925$13,881$10,079$2,453
27 years$32,243$23,988$17,574$12,706$9,087$2,068
28 years$30,757$22,603$16,337$11,641$8,199$1,743
29 years$29,377$21,324$15,203$10,675$7,404$1,470
30 years$28,091$20,138$14,161$9,797$6,690$1,240
31 years$26,890$19,037$13,202$8,998$6,048$1,047
32 years$25,767$18,013$12,318$8,269$5,471$883
33 years$24,714$17,059$11,501$7,604$4,951$745
34 years$23,725$16,168$10,746$6,997$4,483$629
35 years$22,794$15,335$10,047$6,441$4,060$531
36 years$21,918$14,555$9,398$5,932$3,679$448
37 years$21,090$13,824$8,797$5,465$3,334$379
38 years$20,308$13,138$8,238$5,038$3,023$320
39 years$19,568$12,493$7,718$4,645$2,741$270
40 years$18,867$11,886$7,234$4,284$2,486$228
41 years$18,201$11,314$6,783$3,953$2,256$192
42 years$17,569$10,775$6,363$3,648$2,047$163
43 years$16,968$10,266$5,971$3,367$1,858$137
44 years$16,396$9,786$5,604$3,109$1,686$116
45 years$15,851$9,332$5,262$2,872$1,531$98
46 years$15,331$8,902$4,943$2,652$1,390$83
47 years$14,835$8,496$4,643$2,451$1,262$70
48 years$14,361$8,110$4,364$2,264$1,146$59
49 years$13,908$7,745$4,101$2,093$1,041$50
50 years$13,474$7,398$3,856$1,934$945$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,800,000, adding $5,698 every year, while hoping to spend $20,335 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: 45/36/19 Blend
50$13,800,000$13,800,000$13,800,000$13,800,000
51$15,213,477$14,482,077$14,268,177$15,814,735
52$16,743,616$15,170,063$14,724,525$16,924,876
53$18,429,147$15,891,078$15,195,479$18,125,541
54$20,285,899$16,646,720$15,681,507$19,427,153
55$22,331,315$17,438,664$16,183,091$20,839,089
56$24,584,615$18,268,664$16,700,731$22,371,640
57$27,066,980$19,138,563$17,234,940$24,036,107
58$29,801,751$20,050,291$17,786,249$25,844,899
59$32,814,647$21,005,873$18,355,206$27,811,640
60$36,134,012$22,007,432$18,942,376$29,951,301
61$39,791,078$23,057,193$19,548,343$32,280,324
62$43,820,265$24,157,492$20,173,709$34,816,777
63$48,259,499$25,310,776$20,819,095$37,580,516
64$53,150,576$26,519,613$21,485,143$40,593,362
65$58,539,554$27,786,693$22,172,515$43,879,301
66$64,477,188$29,114,841$22,881,894$47,464,704
67$71,019,409$30,507,016$23,613,985$51,378,563
68$78,227,851$31,966,322$24,369,515$55,652,757
69$86,170,434$33,496,014$25,149,237$60,322,346
70$94,922,007$35,099,507$25,953,924$65,425,887
71$104,565,049$36,780,380$26,784,378$71,005,791
72$115,190,452$38,542,387$27,641,423$77,108,712
73$126,898,379$40,389,465$28,525,912$83,785,975
74$139,799,208$42,325,743$29,438,724$91,094,048
75$154,014,572$44,355,549$30,380,766$99,095,062
76$169,678,513$46,483,426$31,352,977$107,857,387
77$186,938,742$48,714,134$32,356,321$117,456,261
78$205,958,033$51,052,666$33,391,798$127,974,486
79$226,915,766$53,504,261$34,460,437$139,503,196
80$250,009,614$56,074,408$35,563,301$152,142,699
81$275,457,409$58,768,869$36,701,486$166,003,410
82$303,499,204$61,593,683$37,876,126$181,206,874
83$334,399,534$64,555,185$39,088,387$197,886,896
84$368,449,916$67,660,018$40,339,477$216,190,784
85$405,971,597$70,915,149$41,630,640$236,280,722
86$447,318,594$74,327,885$42,963,160$258,335,276
87$492,881,028$77,905,889$44,338,363$282,551,062
88$543,088,812$81,657,197$45,757,617$309,144,579
89$598,415,708$85,590,237$47,222,335$338,354,226
90$659,383,801$89,713,849$48,733,974$370,442,527
91$726,568,425$94,037,304$50,294,038$405,698,588
92$800,603,595$98,570,323$51,904,079$444,440,794
93$882,187,997$103,323,104$53,565,701$487,019,788
94$972,091,577$108,306,340$55,280,556$533,821,750
95$1,071,162,814$113,531,247$57,050,351$585,272,012
96$1,180,336,732$119,009,589$58,876,849$641,839,039
97$1,300,643,722$124,753,702$60,761,866$704,038,820
98$1,433,219,272$130,776,524$62,707,280$772,439,698
99$1,579,314,691$137,091,627$64,715,027$847,667,701
100$1,740,308,914$143,713,241$66,787,105$930,412,411