Can I retire at age 51 with 15,200,000?

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 $15,200,000?

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$1,255,202$1,244,021$1,233,113$1,222,466$1,212,069$1,202,919
2 years$621,387$609,814$598,598$587,724$577,176$567,950
3 years$410,143$398,520$387,333$376,560$366,184$357,169
4 years$304,542$292,955$281,879$271,291$261,166$252,431
5 years$241,198$229,680$218,750$208,377$198,534$190,105
6 years$198,982$187,551$176,782$166,641$157,093$148,981
7 years$168,840$157,505$146,907$137,005$127,759$119,967
8 years$146,243$135,011$124,589$114,930$105,988$98,517
9 years$128,678$117,551$107,308$97,895$89,257$82,104
10 years$114,633$103,616$93,554$84,386$76,052$69,213
11 years$103,150$92,243$82,363$73,441$65,407$58,878
12 years$93,587$82,792$73,095$64,418$56,680$50,455
13 years$85,502$74,820$65,306$56,871$49,426$43,498
14 years$78,578$68,009$58,678$50,484$43,327$37,688
15 years$72,583$62,128$52,978$45,023$38,148$32,791
16 years$67,342$57,001$48,032$40,313$33,716$28,632
17 years$62,722$52,496$43,707$36,221$29,895$25,076
18 years$58,621$48,509$39,899$32,642$26,581$22,019
19 years$54,955$44,957$36,526$29,495$23,692$19,378
20 years$51,660$41,776$33,522$26,714$21,162$17,086
21 years$48,683$38,913$30,833$24,244$18,938$15,091
22 years$45,980$36,324$28,418$22,044$16,975$13,348
23 years$43,515$33,973$26,239$20,076$15,238$11,822
24 years$41,260$31,831$24,266$18,310$13,696$10,482
25 years$39,188$29,871$22,476$16,722$12,324$9,303
26 years$37,279$28,074$20,845$15,290$11,101$8,264
27 years$35,514$26,421$19,356$13,995$10,009$7,347
28 years$33,877$24,897$17,994$12,822$9,031$6,536
29 years$32,357$23,487$16,745$11,758$8,155$5,818
30 years$30,941$22,181$15,598$10,791$7,368$5,181
31 years$29,618$20,968$14,541$9,911$6,662$4,617
32 years$28,381$19,840$13,567$9,108$6,026$4,115
33 years$27,221$18,789$12,668$8,376$5,454$3,670
34 years$26,132$17,808$11,836$7,707$4,938$3,273
35 years$25,107$16,890$11,066$7,094$4,472$2,921
36 years$24,141$16,032$10,352$6,534$4,052$2,607
37 years$23,230$15,226$9,689$6,020$3,672$2,327
38 years$22,368$14,470$9,073$5,549$3,329$2,078
39 years$21,553$13,760$8,501$5,116$3,019$1,856
40 years$20,781$13,091$7,968$4,719$2,739$1,658
41 years$20,048$12,462$7,471$4,354$2,485$1,481
42 years$19,352$11,868$7,008$4,018$2,254$1,323
43 years$18,690$11,308$6,576$3,709$2,046$1,182
44 years$18,060$10,779$6,173$3,425$1,857$1,057
45 years$17,459$10,279$5,796$3,163$1,686$944
46 years$16,887$9,805$5,444$2,922$1,531$844
47 years$16,340$9,357$5,115$2,699$1,390$754
48 years$15,818$8,933$4,806$2,494$1,262$674
49 years$15,318$8,530$4,518$2,305$1,147$603
50 years$14,841$8,149$4,247$2,131$1,041$539

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,200,000, adding $4,938 every year, while hoping to spend $43,314 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: 89/6/5 Blend
50$15,200,000$15,200,000$15,200,000$15,200,000
51$16,755,494$15,949,894$15,714,294$18,248,889
52$18,418,468$16,685,353$16,194,637$19,955,895
53$20,249,614$17,455,397$16,689,619$21,826,030
54$22,266,040$18,261,677$17,199,687$23,880,948
55$24,486,597$19,105,920$17,725,297$26,139,271
56$26,932,057$19,989,937$18,266,922$28,621,510
57$29,625,311$20,915,628$18,825,047$31,350,260
58$32,591,581$21,884,982$19,400,175$34,350,411
59$35,858,662$22,900,086$19,992,821$37,649,381
60$39,457,182$23,963,127$20,603,517$41,277,375
61$43,420,890$25,076,396$21,232,810$45,267,666
62$47,786,978$26,242,296$21,881,266$49,656,911
63$52,596,427$27,463,345$22,549,466$54,485,494
64$57,894,397$28,742,185$23,238,008$59,797,903
65$63,730,655$30,081,581$23,947,510$65,643,153
66$70,160,038$31,484,434$24,678,608$72,075,246
67$77,242,977$32,953,787$25,431,957$79,153,675
68$85,046,065$34,492,826$26,208,231$86,943,989
69$93,642,682$36,104,894$27,008,126$95,518,406
70$103,113,696$37,793,494$27,832,358$104,956,493
71$113,548,216$39,562,298$28,681,665$115,345,920
72$125,044,439$41,415,156$29,556,806$126,783,278
73$137,710,579$43,356,105$30,458,566$139,374,993
74$151,665,880$45,389,376$31,387,750$153,238,329
75$167,041,749$47,519,406$32,345,189$168,502,488
76$183,982,995$49,750,844$33,331,741$185,309,832
77$202,649,192$52,088,567$34,348,285$203,817,223
78$223,216,189$54,537,686$35,395,732$224,197,497
79$245,877,768$57,103,560$36,475,017$246,641,099
80$270,847,474$59,791,808$37,587,104$271,357,873
81$298,360,631$62,608,322$38,732,987$298,579,042
82$328,676,562$65,559,275$39,913,688$328,559,386
83$362,081,036$68,651,145$41,130,261$361,579,646
84$398,888,970$71,890,719$42,383,793$397,949,169
85$439,447,397$75,285,116$43,675,402$438,008,823
86$484,138,743$78,841,799$45,006,240$482,134,216
87$533,384,440$82,568,592$46,377,494$530,739,232
88$587,648,899$86,473,699$47,790,386$584,279,937
89$647,443,899$90,565,723$49,246,177$643,258,881
90$713,333,417$94,853,683$50,746,163$708,229,834
91$785,938,947$99,347,036$52,291,682$779,803,012
92$865,945,375$104,055,696$53,884,109$858,650,833
93$954,107,440$108,990,062$55,524,863$945,514,257
94$1,051,256,858$114,161,034$57,215,405$1,041,209,776
95$1,158,310,176$119,580,043$58,957,240$1,146,637,121
96$1,276,277,424$125,259,075$60,751,917$1,262,787,742
97$1,406,271,649$131,210,697$62,601,034$1,390,754,168
98$1,549,519,423$137,448,088$64,506,235$1,531,740,312
99$1,707,372,425$143,985,064$66,469,214$1,687,072,830
100$1,881,320,196$150,836,116$68,491,716$1,858,213,638