Can I retire at age 51 with 15,300,000?

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 $15,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,211,339
2 years$625,475$613,826$602,537$591,591$580,973$572,196
3 years$412,841$401,142$389,881$379,038$368,593$360,015
4 years$306,545$294,882$283,734$273,075$262,884$254,571
5 years$242,784$231,191$220,189$209,748$199,840$191,817
6 years$200,291$188,785$177,945$167,737$158,127$150,403
7 years$169,950$158,541$147,873$137,906$128,599$121,179
8 years$147,205$135,899$125,408$115,686$106,686$99,569
9 years$129,524$118,325$108,014$98,539$89,845$83,030
10 years$115,387$104,297$94,169$84,941$76,552$70,035
11 years$103,829$92,850$82,905$73,924$65,837$59,614
12 years$94,203$83,337$73,576$64,842$57,053$51,117
13 years$86,065$75,312$65,735$57,245$49,752$44,097
14 years$79,095$68,457$59,064$50,816$43,612$38,232
15 years$73,060$62,537$53,326$45,319$38,399$33,287
16 years$67,785$57,376$48,348$40,578$33,937$29,085
17 years$63,135$52,841$43,995$36,459$30,091$25,490
18 years$59,006$48,828$40,162$32,857$26,756$22,398
19 years$55,316$45,253$36,766$29,689$23,848$19,726
20 years$52,000$42,051$33,742$26,889$21,302$17,406
21 years$49,003$39,169$31,036$24,404$19,062$15,385
22 years$46,282$36,563$28,605$22,189$17,087$13,618
23 years$43,802$34,197$26,411$20,208$15,338$12,071
24 years$41,531$32,040$24,426$18,431$13,786$10,711
25 years$39,446$30,068$22,623$16,832$12,405$9,513
26 years$37,524$28,259$20,982$15,390$11,174$8,457
27 years$35,747$26,595$19,484$14,087$10,075$7,525
28 years$34,100$25,060$18,113$12,907$9,091$6,699
29 years$32,570$23,642$16,855$11,836$8,209$5,968
30 years$31,144$22,327$15,700$10,862$7,417$5,319
31 years$29,813$21,106$14,637$9,976$6,706$4,744
32 years$28,568$19,971$13,656$9,168$6,066$4,232
33 years$27,400$18,913$12,751$8,431$5,489$3,777
34 years$26,304$17,925$11,914$7,757$4,970$3,372
35 years$25,272$17,002$11,139$7,141$4,502$3,011
36 years$24,300$16,137$10,420$6,577$4,079$2,690
37 years$23,383$15,326$9,753$6,060$3,697$2,403
38 years$22,516$14,566$9,133$5,585$3,351$2,148
39 years$21,695$13,850$8,557$5,150$3,039$1,920
40 years$20,918$13,178$8,020$4,750$2,757$1,716
41 years$20,180$12,544$7,520$4,382$2,501$1,534
42 years$19,479$11,946$7,054$4,044$2,269$1,372
43 years$18,813$11,382$6,620$3,734$2,059$1,227
44 years$18,179$10,850$6,214$3,447$1,869$1,098
45 years$17,574$10,346$5,834$3,184$1,697$982
46 years$16,998$9,870$5,480$2,941$1,541$878
47 years$16,448$9,419$5,148$2,717$1,399$786
48 years$15,922$8,992$4,838$2,511$1,271$703
49 years$15,419$8,587$4,547$2,320$1,154$629
50 years$14,938$8,202$4,275$2,145$1,048$563

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,300,000, adding $5,390 every year, while hoping to spend $47,014 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: 51/20/29 Blend
50$15,300,000$15,300,000$15,300,000$15,300,000
51$16,866,160$16,055,260$15,818,110$17,588,040
52$18,536,486$16,791,945$16,297,994$18,829,157
53$20,375,609$17,563,152$16,792,378$20,172,868
54$22,400,697$18,370,523$17,301,700$21,633,162
55$24,630,668$19,215,778$17,826,406$23,221,167
56$27,086,367$20,100,722$18,366,962$24,949,116
57$29,790,763$21,027,244$18,923,841$26,830,458
58$32,769,168$21,997,326$19,497,537$28,879,981
59$36,049,471$23,013,043$20,088,553$31,113,947
60$39,662,408$24,076,573$20,697,410$33,550,242
61$43,641,846$25,190,197$21,324,645$36,208,540
62$48,025,102$26,356,305$21,970,809$39,110,481
63$52,853,303$27,577,404$22,636,471$42,279,876
64$58,171,763$28,856,120$23,322,216$45,742,918
65$64,030,420$30,195,207$24,028,648$49,528,433
66$70,484,302$31,597,551$24,756,387$53,668,138
67$77,594,047$33,066,178$25,506,072$58,196,941
68$85,426,478$34,604,258$26,278,363$63,153,259
69$94,055,228$36,215,117$27,073,938$68,579,378
70$103,561,441$37,902,237$27,893,494$74,521,843
71$114,034,534$39,669,273$28,737,753$81,031,888
72$125,573,042$41,520,053$29,607,453$88,165,919
73$138,285,548$43,458,591$30,503,358$95,986,033
74$152,291,707$45,489,095$31,426,254$104,560,597
75$167,723,377$47,615,977$32,376,949$113,964,884
76$184,725,862$49,843,860$33,356,277$124,281,780
77$203,459,283$52,177,592$34,365,096$135,602,550
78$224,100,092$54,622,256$35,404,289$148,027,694
79$246,842,734$57,183,179$36,474,765$161,667,886
80$271,901,485$59,865,948$37,577,462$176,645,005
81$299,512,474$62,676,416$38,713,344$193,093,279
82$329,935,910$65,620,725$39,883,405$211,160,536
83$363,458,541$68,705,309$41,088,668$231,009,592
84$400,396,360$71,936,916$42,330,186$252,819,773
85$441,097,585$75,322,622$43,609,044$276,788,593
86$485,945,950$78,869,842$44,926,358$303,133,611
87$535,364,326$82,586,353$46,283,280$332,094,463
88$589,818,710$86,480,307$47,680,992$363,935,117
89$649,822,629$90,560,252$49,120,716$398,946,344
90$715,941,984$94,835,151$50,603,707$437,448,447
91$788,800,392$99,314,400$52,131,257$479,794,271
92$869,085,076$104,007,849$53,704,698$526,372,517
93$957,553,350$108,925,830$55,325,402$577,611,388
94$1,055,039,768$114,079,172$56,994,779$633,982,615
95$1,162,464,004$119,479,231$58,714,284$696,005,893
96$1,280,839,533$125,137,914$60,485,413$764,253,761
97$1,411,283,198$131,067,705$62,309,707$839,356,989
98$1,555,025,755$137,281,693$64,188,753$922,010,509
99$1,713,423,491$143,793,604$66,124,184$1,012,979,950
100$1,887,971,026$150,617,830$68,117,684$1,113,108,845