Can I retire at age 51 with 14,000,000?

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 $14,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,100,151
2 years$572,330$561,671$551,341$541,325$531,609$515,293
3 years$377,763$367,058$356,754$346,832$337,275$321,378
4 years$280,499$269,827$259,625$249,873$240,547$225,193
5 years$222,156$211,547$201,480$191,926$182,860$168,093
6 years$183,273$172,744$162,826$153,485$144,691$130,528
7 years$155,510$145,070$135,309$126,189$117,673$104,119
8 years$134,698$124,352$114,753$105,856$97,621$84,674
9 years$118,519$108,271$98,837$90,166$82,211$69,865
10 years$105,583$95,436$86,168$77,724$70,048$58,294
11 years$95,006$84,961$75,861$67,643$60,243$49,069
12 years$86,199$76,256$67,325$59,332$52,206$41,598
13 years$78,752$68,913$60,150$52,381$45,524$35,469
14 years$72,375$62,640$54,045$46,498$39,906$30,387
15 years$66,852$57,223$48,795$41,468$35,137$26,137
16 years$62,025$52,501$44,240$37,130$31,054$22,556
17 years$57,770$48,351$40,257$33,361$27,535$19,520
18 years$53,993$44,679$36,749$30,065$24,482$16,934
19 years$50,616$41,408$33,642$27,167$21,822$14,720
20 years$47,582$38,478$30,875$24,605$19,492$12,818
21 years$44,839$35,841$28,399$22,330$17,443$11,179
22 years$42,350$33,456$26,174$20,303$15,635$9,762
23 years$40,080$31,291$24,167$18,491$14,035$8,534
24 years$38,003$29,318$22,351$16,865$12,615$7,468
25 years$36,094$27,513$20,701$15,402$11,351$6,540
26 years$34,335$25,858$19,199$14,082$10,225$5,732
27 years$32,710$24,335$17,828$12,890$9,219$5,028
28 years$31,203$22,931$16,574$11,810$8,318$4,412
29 years$29,803$21,633$15,423$10,830$7,511$3,873
30 years$28,498$20,430$14,366$9,939$6,787$3,402
31 years$27,280$19,313$13,393$9,128$6,136$2,989
32 years$26,140$18,274$12,496$8,389$5,550$2,627
33 years$25,072$17,306$11,668$7,715$5,023$2,310
34 years$24,069$16,402$10,902$7,098$4,548$2,032
35 years$23,125$15,557$10,192$6,534$4,119$1,787
36 years$22,235$14,766$9,535$6,018$3,732$1,572
37 years$21,396$14,024$8,924$5,545$3,383$1,383
38 years$20,602$13,328$8,357$5,111$3,067$1,218
39 years$19,852$12,674$7,830$4,712$2,781$1,072
40 years$19,140$12,058$7,339$4,346$2,522$943
41 years$18,465$11,478$6,881$4,010$2,288$831
42 years$17,824$10,931$6,455$3,701$2,076$731
43 years$17,214$10,415$6,057$3,416$1,885$644
44 years$16,634$9,928$5,686$3,154$1,711$567
45 years$16,081$9,467$5,339$2,913$1,553$499
46 years$15,554$9,031$5,014$2,691$1,410$440
47 years$15,050$8,619$4,711$2,486$1,280$387
48 years$14,569$8,228$4,427$2,297$1,163$341
49 years$14,109$7,857$4,161$2,123$1,056$301
50 years$13,669$7,505$3,912$1,962$959$265

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $14,000,000, adding $2,671 every year, while hoping to spend $55,076 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: 33/44/23 Blend
50$14,000,000$14,000,000$14,000,000$14,000,000
51$15,430,755$14,688,755$14,471,755$15,831,125
52$16,946,092$15,349,904$14,897,958$16,792,524
53$18,614,147$16,041,603$15,336,594$17,822,771
54$20,450,439$16,765,291$15,788,019$18,932,009
55$22,472,070$17,522,476$16,252,603$20,127,239
56$24,697,880$18,314,736$16,730,725$21,416,132
57$27,148,634$19,143,729$17,222,775$22,807,097
58$29,847,209$20,011,186$17,729,152$24,309,349
59$32,818,815$20,918,925$18,250,269$25,932,991
60$36,091,232$21,868,849$18,786,551$27,689,106
61$39,695,069$22,862,955$19,338,432$29,589,851
62$43,664,058$23,903,331$19,906,361$31,648,563
63$48,035,366$24,992,168$20,490,798$33,879,878
64$52,849,952$26,131,763$21,092,218$36,299,865
65$58,152,946$27,324,519$21,711,107$38,926,163
66$63,994,084$28,572,957$22,347,966$41,778,139
67$70,428,168$29,879,720$23,003,311$44,877,065
68$77,515,590$31,247,574$23,677,670$48,246,307
69$85,322,896$32,679,422$24,371,588$51,911,534
70$93,923,420$34,178,303$25,085,625$55,900,951
71$103,397,972$35,747,402$25,820,357$60,245,553
72$113,835,601$37,390,060$26,576,374$64,979,404
73$125,334,435$39,109,776$27,354,286$70,139,952
74$138,002,610$40,910,218$28,154,717$75,768,362
75$151,959,287$42,795,229$28,978,310$81,909,894
76$167,335,777$44,768,839$29,825,727$88,614,321
77$184,276,784$46,835,269$30,697,646$95,936,373
78$202,941,766$48,998,947$31,594,767$103,936,250
79$223,506,441$51,264,511$32,517,807$112,680,164
80$246,164,448$53,636,822$33,467,504$122,240,955
81$271,129,174$56,120,978$34,444,617$132,698,756
82$298,635,763$58,722,320$35,449,926$144,141,730
83$328,943,345$61,446,447$36,484,232$156,666,888
84$362,337,472$64,299,229$37,548,359$170,380,978
85$399,132,820$67,286,817$38,643,155$185,401,477
86$439,676,156$70,415,660$39,769,489$201,857,674
87$484,349,614$73,692,517$40,928,258$219,891,868
88$533,574,299$77,124,475$42,120,379$239,660,689
89$587,814,265$80,718,961$43,346,798$261,336,547
90$647,580,892$84,483,762$44,608,488$285,109,235
91$713,437,716$88,427,039$45,906,445$311,187,696
92$786,005,748$92,557,350$47,241,697$339,801,958
93$865,969,338$96,883,663$48,615,297$371,205,283
94$954,082,630$101,415,383$50,028,329$405,676,523
95$1,051,176,688$106,162,366$51,481,908$443,522,715
96$1,158,167,334$111,134,946$52,977,176$485,081,952
97$1,276,063,802$116,343,958$54,515,311$530,726,529
98$1,405,978,256$121,800,758$56,097,520$580,866,428
99$1,549,136,296$127,517,254$57,725,045$635,953,142
100$1,706,888,527$133,505,928$59,399,163$696,483,896