Can I retire at age 51 with 15,100,000?

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,174,987
2 years$617,299$605,802$594,660$583,857$573,379$544,227
3 years$407,445$395,899$384,785$374,083$363,775$335,492
4 years$302,538$291,027$280,025$269,506$259,447$232,250
5 years$239,611$228,169$217,311$207,006$197,228$171,192
6 years$197,673$186,317$175,619$165,545$156,060$131,212
7 years$167,729$156,469$145,940$136,103$126,918$103,262
8 years$145,281$134,123$123,769$114,174$105,291$82,816
9 years$127,831$116,778$106,602$97,251$88,670$67,359
10 years$113,879$102,934$92,938$83,831$75,551$55,379
11 years$102,471$91,636$81,821$72,958$64,977$45,914
12 years$92,972$82,248$72,614$63,994$56,307$38,323
13 years$84,940$74,328$64,876$56,497$49,101$32,161
14 years$78,061$67,562$58,292$50,152$43,042$27,109
15 years$72,105$61,719$52,629$44,727$37,897$22,933
16 years$66,899$56,626$47,716$40,048$33,494$19,459
17 years$62,310$52,150$43,420$35,983$29,698$16,553
18 years$58,235$48,189$39,637$32,428$26,406$14,111
19 years$54,593$44,661$36,286$29,301$23,536$12,050
20 years$51,320$41,502$33,301$26,538$21,023$10,306
21 years$48,362$38,657$30,631$24,085$18,813$8,825
22 years$45,677$36,085$28,231$21,899$16,863$7,565
23 years$43,229$33,750$26,066$19,943$15,138$6,492
24 years$40,988$31,621$24,107$18,190$13,606$5,574
25 years$38,930$29,675$22,328$16,612$12,243$4,790
26 years$37,033$27,890$20,708$15,189$11,028$4,118
27 years$35,280$26,247$19,229$13,903$9,943$3,543
28 years$33,655$24,733$17,876$12,738$8,972$3,049
29 years$32,144$23,333$16,635$11,681$8,101$2,625
30 years$30,737$22,035$15,495$10,720$7,320$2,260
31 years$29,423$20,830$14,445$9,846$6,618$1,947
32 years$28,194$19,710$13,478$9,048$5,986$1,677
33 years$27,042$18,666$12,584$8,321$5,418$1,446
34 years$25,960$17,691$11,758$7,656$4,905$1,246
35 years$24,942$16,779$10,993$7,048$4,443$1,074
36 years$23,982$15,926$10,284$6,491$4,025$926
37 years$23,077$15,126$9,625$5,980$3,648$798
38 years$22,221$14,375$9,014$5,512$3,308$688
39 years$21,411$13,669$8,445$5,083$2,999$594
40 years$20,644$13,005$7,915$4,688$2,721$512
41 years$19,916$12,380$7,422$4,325$2,468$442
42 years$19,225$11,790$6,962$3,992$2,240$381
43 years$18,567$11,234$6,533$3,685$2,033$329
44 years$17,941$10,708$6,132$3,402$1,845$283
45 years$17,345$10,211$5,758$3,142$1,675$244
46 years$16,776$9,741$5,408$2,902$1,521$211
47 years$16,233$9,296$5,081$2,681$1,381$182
48 years$15,714$8,874$4,775$2,478$1,254$157
49 years$15,218$8,474$4,488$2,290$1,139$135
50 years$14,743$8,095$4,219$2,117$1,035$117

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,100,000, adding $4,677 every year, while hoping to spend $41,059 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: 71/14/15 Blend
50$15,100,000$15,100,000$15,100,000$15,100,000
51$16,645,024$15,844,724$15,610,674$17,769,994
52$18,299,130$16,577,429$16,089,945$19,250,194
53$20,120,579$17,344,661$16,583,896$20,864,698
54$22,126,396$18,148,067$17,092,975$22,631,117
55$24,335,342$18,989,376$17,617,643$24,564,455
56$26,768,091$19,870,399$18,158,377$26,681,228
57$29,447,421$20,793,034$18,715,669$28,999,614
58$32,398,437$21,759,272$19,290,022$31,539,624
59$35,648,799$22,771,197$19,881,959$34,323,288
60$39,228,987$23,830,997$20,492,016$37,374,859
61$43,172,592$24,940,963$21,120,746$40,721,042
62$47,516,624$26,103,499$21,768,719$44,391,235
63$52,301,872$27,321,122$22,436,523$48,417,813
64$57,573,279$28,596,473$23,124,763$52,836,423
65$63,380,374$29,932,320$23,834,062$57,686,320
66$69,777,732$31,331,564$24,565,064$63,010,731
67$76,825,496$32,797,247$25,318,429$68,857,263
68$84,589,942$34,332,557$26,094,841$75,278,343
69$93,144,100$35,940,836$26,895,003$82,331,716
70$102,568,451$37,625,590$27,719,638$90,080,975
71$112,951,681$39,390,492$28,569,494$98,596,167
72$124,391,519$41,239,393$29,445,339$107,954,442
73$136,995,663$43,176,332$30,347,966$118,240,780
74$150,882,789$45,205,541$31,278,192$129,548,786
75$166,183,680$47,331,459$32,236,858$141,981,568
76$183,042,454$49,558,738$33,224,831$155,652,705
77$201,617,925$51,892,257$34,243,004$170,687,313
78$222,085,107$54,337,131$35,292,298$187,223,218
79$244,636,858$56,898,722$36,373,661$205,412,253
80$269,485,710$59,582,651$37,488,070$225,421,682
81$296,865,864$62,394,813$38,636,532$247,435,774
82$327,035,412$65,341,388$39,820,086$271,657,531
83$360,278,764$68,428,857$41,039,799$298,310,600
84$396,909,340$71,664,012$42,296,773$327,641,376
85$437,272,521$75,053,977$43,592,144$359,921,314
86$481,748,917$78,606,221$44,927,080$395,449,490
87$530,757,955$82,328,575$46,302,786$434,555,408
88$584,761,841$86,229,249$47,720,504$477,602,107
89$644,269,921$90,316,854$49,181,512$524,989,571
90$709,843,489$94,600,416$50,687,129$577,158,500
91$782,101,089$99,089,401$52,238,712$634,594,455
92$861,724,351$103,793,733$53,837,661$697,832,432
93$949,464,429$108,723,819$55,485,416$767,461,900
94$1,046,149,086$113,890,572$57,183,463$844,132,353
95$1,152,690,516$119,305,433$58,933,332$928,559,425
96$1,270,093,950$124,980,401$60,736,600$1,021,531,638
97$1,399,467,148$130,928,055$62,594,891$1,123,917,823
98$1,542,030,856$137,161,588$64,509,878$1,236,675,315
99$1,699,130,330$143,694,834$66,483,286$1,360,858,969
100$1,872,248,040$150,542,296$68,516,892$1,497,631,104