Can I retire at age 51 with 14,400,000?

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 $14,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,125,092
2 years$588,682$577,719$567,093$556,791$546,798$523,542
3 years$388,557$377,546$366,947$356,741$346,911$324,309
4 years$288,513$277,536$267,043$257,012$247,420$225,645
5 years$228,503$217,592$207,237$197,410$188,085$167,199
6 years$188,509$177,680$167,478$157,870$148,825$128,852
7 years$159,953$149,215$139,175$129,794$121,035$101,978
8 years$138,546$127,905$118,031$108,881$100,410$82,264
9 years$121,905$111,364$101,660$92,742$84,560$67,313
10 years$108,600$98,162$88,630$79,945$72,049$55,684
11 years$97,721$87,388$78,028$69,576$61,965$46,462
12 years$88,662$78,435$69,248$61,027$53,697$39,034
13 years$81,002$70,882$61,869$53,878$46,825$32,976
14 years$74,442$64,430$55,589$47,827$41,047$27,986
15 years$68,762$58,858$50,190$42,653$36,141$23,841
16 years$63,797$54,001$45,504$38,191$31,941$20,373
17 years$59,421$49,733$41,407$34,315$28,321$17,456
18 years$55,535$45,955$37,799$30,924$25,182$14,990
19 years$52,063$42,591$34,603$27,943$22,445$12,897
20 years$48,941$39,578$31,757$25,308$20,048$11,113
21 years$46,120$36,865$29,211$22,968$17,941$9,590
22 years$43,560$34,412$26,922$20,883$16,082$8,285
23 years$41,225$32,185$24,858$19,019$14,436$7,165
24 years$39,088$30,155$22,989$17,346$12,975$6,201
25 years$37,125$28,299$21,293$15,842$11,676$5,371
26 years$35,316$26,597$19,748$14,485$10,517$4,655
27 years$33,644$25,031$18,338$13,258$9,482$4,037
28 years$32,094$23,586$17,047$12,147$8,556$3,503
29 years$30,654$22,251$15,864$11,139$7,726$3,040
30 years$29,312$21,014$14,777$10,223$6,981$2,640
31 years$28,059$19,865$13,776$9,389$6,311$2,293
32 years$26,887$18,796$12,853$8,629$5,709$1,992
33 years$25,788$17,800$12,001$7,935$5,167$1,731
34 years$24,756$16,871$11,213$7,301$4,678$1,504
35 years$23,785$16,002$10,483$6,721$4,237$1,308
36 years$22,871$15,188$9,807$6,190$3,839$1,137
37 years$22,007$14,425$9,179$5,703$3,479$989
38 years$21,191$13,709$8,596$5,257$3,154$860
39 years$20,419$13,036$8,053$4,847$2,860$748
40 years$19,687$12,402$7,548$4,471$2,594$651
41 years$18,993$11,806$7,078$4,125$2,354$566
42 years$18,333$11,244$6,639$3,807$2,136$492
43 years$17,706$10,713$6,230$3,514$1,938$428
44 years$17,109$10,212$5,848$3,245$1,759$373
45 years$16,540$9,738$5,491$2,996$1,597$324
46 years$15,998$9,289$5,157$2,768$1,450$282
47 years$15,480$8,865$4,845$2,557$1,317$245
48 years$14,985$8,463$4,553$2,363$1,196$214
49 years$14,512$8,081$4,280$2,184$1,086$186
50 years$14,059$7,720$4,024$2,018$987$162

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $14,400,000, adding $3,326 every year, while hoping to spend $23,804 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: 63/23/14 Blend
50$14,400,000$14,400,000$14,400,000$14,400,000
51$15,872,231$15,109,031$14,885,831$16,818,366
52$17,465,871$15,824,046$15,359,179$18,168,075
53$19,221,265$16,573,299$15,847,586$19,638,278
54$21,154,886$17,358,443$16,351,532$21,243,127
55$23,284,887$18,181,210$16,871,512$22,995,715
56$25,631,273$19,043,416$17,408,035$24,910,442
57$28,216,087$19,946,968$17,961,628$27,003,146
58$31,063,621$20,893,862$18,532,836$29,291,255
59$34,200,642$21,886,193$19,122,217$31,793,938
60$37,656,648$22,926,157$19,730,352$34,532,287
61$41,464,144$24,016,057$20,357,837$37,529,512
62$45,658,950$25,158,307$21,005,288$40,811,153
63$50,280,539$26,355,439$21,673,340$44,405,317
64$55,372,407$27,610,109$22,362,651$48,342,938
65$60,982,488$28,925,100$23,073,895$52,658,064
66$67,163,603$30,303,332$23,807,772$57,388,171
67$73,973,961$31,747,865$24,565,003$62,574,515
68$81,477,705$33,261,910$25,346,330$68,262,510
69$89,745,520$34,848,833$26,152,521$74,502,153
70$98,855,301$36,512,164$26,984,369$81,348,490
71$108,892,885$38,255,603$27,842,688$88,862,125
72$119,952,864$40,083,033$28,728,323$97,109,788
73$132,139,478$41,998,523$29,642,144$106,164,957
74$145,567,596$44,006,342$30,585,047$116,108,540
75$160,363,804$46,110,966$31,557,959$127,029,635
76$176,667,597$48,317,089$32,561,836$139,026,359
77$194,632,698$50,629,631$33,597,663$152,206,765
78$214,428,506$53,053,756$34,666,458$166,689,855
79$236,241,700$55,594,877$35,769,271$182,606,688
80$260,277,996$58,258,669$36,907,184$200,101,613
81$286,764,094$61,051,086$38,081,317$219,333,615
82$315,949,812$63,978,369$39,292,822$240,477,808
83$348,110,451$67,047,067$40,542,889$263,727,072
84$383,549,388$70,264,045$41,832,747$289,293,866
85$422,600,945$73,636,502$43,163,663$317,412,215
86$465,633,540$77,171,989$44,536,944$348,339,910
87$513,053,169$80,878,425$45,953,940$382,360,922
88$565,307,239$84,764,114$47,416,044$419,788,074
89$622,888,787$88,837,766$48,924,691$460,965,971
90$686,341,139$93,108,513$50,481,364$506,274,241
91$756,263,039$97,585,933$52,087,594$556,131,100
92$833,314,299$102,280,074$53,744,958$610,997,281
93$918,222,029$107,201,468$55,455,085$671,380,366
94$1,011,787,501$112,361,166$57,219,656$737,839,556
95$1,114,893,717$117,770,754$59,040,405$810,990,928
96$1,228,513,739$123,442,384$60,919,122$891,513,233
97$1,353,719,881$129,388,801$62,857,653$980,154,278
98$1,491,693,828$135,623,372$64,857,904$1,077,737,960
99$1,643,737,795$142,160,114$66,921,840$1,185,172,022
100$1,811,286,820$149,013,729$69,051,491$1,303,456,593