Can I retire at age 51 with 14,200,000?

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 $14,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,123,779
2 years$580,506$569,695$559,217$549,058$539,204$530,585
3 years$383,160$372,302$361,850$351,787$342,093$333,671
4 years$284,506$273,681$263,334$253,443$243,984$235,824
5 years$225,329$214,569$204,358$194,668$185,472$177,598
6 years$185,891$175,212$165,152$155,678$146,758$139,180
7 years$157,732$147,143$137,242$127,991$119,354$112,074
8 years$136,622$126,129$116,392$107,369$99,015$92,036
9 years$120,212$109,818$100,248$91,454$83,385$76,703
10 years$107,092$96,799$87,399$78,834$71,048$64,660
11 years$96,364$86,174$76,945$68,610$61,104$55,004
12 years$87,430$77,345$68,286$60,180$52,951$47,135
13 years$79,877$69,898$61,009$53,130$46,175$40,636
14 years$73,408$63,535$54,817$47,163$40,476$35,208
15 years$67,807$58,040$49,493$42,061$35,639$30,634
16 years$62,911$53,251$44,872$37,661$31,498$26,748
17 years$58,596$49,042$40,832$33,838$27,928$23,426
18 years$54,764$45,317$37,274$30,495$24,832$20,570
19 years$51,339$41,999$34,123$27,555$22,133$18,103
20 years$48,261$39,028$31,316$24,956$19,770$15,962
21 years$45,480$36,353$28,805$22,649$17,692$14,098
22 years$42,955$33,934$26,548$20,593$15,858$12,470
23 years$40,653$31,738$24,513$18,755$14,235$11,044
24 years$38,545$29,736$22,670$17,105$12,795$9,793
25 years$36,610$27,906$20,997$15,622$11,514$8,691
26 years$34,826$26,227$19,474$14,284$10,371$7,721
27 years$33,177$24,683$18,083$13,074$9,350$6,864
28 years$31,649$23,259$16,810$11,979$8,437$6,106
29 years$30,228$21,942$15,644$10,985$7,618$5,435
30 years$28,905$20,722$14,571$10,081$6,884$4,840
31 years$27,670$19,589$13,584$9,259$6,224$4,313
32 years$26,514$18,535$12,675$8,509$5,630$3,844
33 years$25,430$17,553$11,834$7,825$5,095$3,428
34 years$24,412$16,636$11,057$7,200$4,613$3,058
35 years$23,455$15,779$10,338$6,628$4,178$2,729
36 years$22,553$14,977$9,671$6,104$3,785$2,435
37 years$21,701$14,225$9,052$5,624$3,431$2,174
38 years$20,897$13,518$8,476$5,184$3,110$1,941
39 years$20,135$12,855$7,942$4,780$2,821$1,734
40 years$19,414$12,230$7,444$4,408$2,558$1,549
41 years$18,729$11,642$6,980$4,067$2,321$1,383
42 years$18,079$11,087$6,547$3,754$2,106$1,236
43 years$17,460$10,564$6,144$3,465$1,911$1,105
44 years$16,872$10,070$5,767$3,199$1,735$987
45 years$16,311$9,602$5,415$2,955$1,575$882
46 years$15,776$9,160$5,086$2,729$1,430$789
47 years$15,265$8,742$4,778$2,522$1,299$705
48 years$14,777$8,345$4,490$2,330$1,179$630
49 years$14,311$7,969$4,220$2,153$1,071$563
50 years$13,864$7,612$3,968$1,990$973$504

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $14,200,000, adding $3,844 every year, while hoping to spend $28,391 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: 68/27/5 Blend
50$14,200,000$14,200,000$14,200,000$14,200,000
51$15,652,365$14,899,765$14,679,665$16,707,554
52$17,218,699$15,599,646$15,141,226$18,106,260
53$18,943,846$16,332,869$15,617,298$19,631,369
54$20,843,978$17,101,039$16,108,336$21,298,277
55$22,936,910$17,905,836$16,614,812$23,120,837
56$25,242,278$18,749,025$17,137,211$25,114,286
57$27,781,715$19,632,452$17,676,033$27,295,387
58$30,579,064$20,558,056$18,231,794$29,682,580
59$33,660,596$21,527,869$18,805,027$32,296,155
60$37,055,263$22,544,020$19,396,281$35,158,439
61$40,794,965$23,608,743$20,006,122$38,294,001
62$44,914,860$24,724,379$20,635,135$41,729,877
63$49,453,686$25,893,385$21,283,923$45,495,825
64$54,454,135$27,118,333$21,953,106$49,624,596
65$59,963,248$28,401,923$22,643,327$54,152,239
66$66,032,867$29,746,984$23,355,246$59,118,439
67$72,720,118$31,156,485$24,089,545$64,566,879
68$80,087,953$32,633,536$24,846,929$70,545,651
69$88,205,745$34,181,400$25,628,121$77,107,701
70$97,149,939$35,803,497$26,433,872$84,311,322
71$107,004,778$37,503,414$27,264,952$92,220,698
72$117,863,096$39,284,911$28,122,158$100,906,501
73$129,827,192$41,151,933$29,006,311$110,446,550
74$143,009,802$43,108,613$29,918,258$120,926,539
75$157,535,154$45,159,288$30,858,872$132,440,835
76$173,540,151$47,308,504$31,829,056$145,093,360
77$191,175,655$49,561,029$32,829,737$158,998,563
78$210,607,914$51,921,862$33,861,876$174,282,489
79$232,020,132$54,396,244$34,926,459$191,083,959
80$255,614,197$56,989,672$36,024,508$209,555,872
81$281,612,590$59,707,911$37,157,074$229,866,631
82$310,260,480$62,557,004$38,325,242$252,201,725
83$341,828,042$65,543,290$39,530,130$276,765,465
84$376,613,007$68,673,416$40,772,894$303,782,901
85$414,943,471$71,954,350$42,054,723$333,501,931
86$457,180,994$75,393,403$43,376,845$366,195,628
87$503,724,014$78,998,237$44,740,528$402,164,801
88$555,011,603$82,776,891$46,147,076$441,740,818
89$611,527,621$86,737,793$47,597,837$485,288,721
90$673,805,275$90,889,782$49,094,201$533,210,648
91$742,432,157$95,242,125$50,637,601$585,949,619
92$818,055,792$99,804,544$52,229,516$643,993,691
93$901,389,748$104,587,232$53,871,469$707,880,550
94$993,220,373$109,600,877$55,565,034$778,202,563
95$1,094,414,222$114,856,691$57,311,834$855,612,350
96$1,205,926,232$120,366,428$59,113,540$940,828,921
97$1,328,808,743$126,142,418$60,971,879$1,034,644,436
98$1,464,221,428$132,197,590$62,888,630$1,137,931,664
99$1,613,442,244$138,545,502$64,865,629$1,251,652,189
100$1,777,879,496$145,200,375$66,904,770$1,376,865,465