Can I retire at age 51 with 15,400,000?

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 $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,188,232
2 years$629,563$617,838$606,475$595,457$584,770$545,061
3 years$415,540$403,764$392,429$381,515$371,002$332,615
4 years$308,549$296,809$285,588$274,860$264,602$227,830
5 years$244,371$232,702$221,628$211,119$201,146$166,089
6 years$201,600$190,019$179,108$168,834$159,160$125,846
7 years$171,061$159,577$148,840$138,807$129,440$97,865
8 years$148,168$136,787$126,228$116,442$107,383$77,525
9 years$130,371$119,098$108,720$99,183$90,432$62,257
10 years$116,142$104,979$94,785$85,497$77,052$50,517
11 years$104,507$93,457$83,447$74,408$66,268$41,322
12 years$94,819$83,882$74,057$65,265$57,426$34,016
13 years$86,627$75,805$66,165$57,620$50,077$28,145
14 years$79,612$68,904$59,450$51,148$43,897$23,382
15 years$73,538$62,945$53,675$45,615$38,650$19,490
16 years$68,228$57,751$48,664$40,844$34,159$16,291
17 years$63,548$53,187$44,283$36,698$30,288$13,647
18 years$59,392$49,147$40,424$33,072$26,931$11,454
19 years$55,678$45,549$37,006$29,883$24,004$9,628
20 years$52,340$42,326$33,963$27,065$21,441$8,104
21 years$49,323$39,425$31,239$24,563$19,187$6,828
22 years$46,585$36,802$28,792$22,334$17,198$5,758
23 years$44,088$34,420$26,584$20,340$15,438$4,860
24 years$41,803$32,249$24,586$18,551$13,876$4,105
25 years$39,704$30,264$22,771$16,942$12,487$3,468
26 years$37,769$28,444$21,119$15,491$11,247$2,932
27 years$35,981$26,769$19,611$14,179$10,141$2,480
28 years$34,323$25,224$18,231$12,991$9,150$2,098
29 years$32,783$23,796$16,966$11,913$8,262$1,775
30 years$31,348$22,473$15,803$10,933$7,465$1,502
31 years$30,008$21,244$14,732$10,041$6,749$1,272
32 years$28,754$20,101$13,746$9,228$6,105$1,077
33 years$27,579$19,036$12,834$8,486$5,525$912
34 years$26,475$18,042$11,992$7,808$5,003$772
35 years$25,437$17,113$11,211$7,188$4,531$654
36 years$24,459$16,242$10,488$6,620$4,105$554
37 years$23,535$15,427$9,817$6,099$3,721$469
38 years$22,663$14,661$9,193$5,622$3,373$398
39 years$21,837$13,941$8,613$5,183$3,059$337
40 years$21,054$13,264$8,073$4,781$2,775$285
41 years$20,312$12,626$7,570$4,411$2,517$242
42 years$19,606$12,024$7,101$4,071$2,284$205
43 years$18,936$11,457$6,663$3,758$2,073$174
44 years$18,297$10,921$6,254$3,470$1,882$147
45 years$17,689$10,414$5,873$3,204$1,708$125
46 years$17,109$9,934$5,516$2,960$1,551$106
47 years$16,555$9,481$5,182$2,735$1,408$90
48 years$16,026$9,050$4,869$2,527$1,279$76
49 years$15,520$8,643$4,577$2,335$1,162$64
50 years$15,036$8,256$4,303$2,159$1,055$54

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,400,000, adding $3,599 every year, while hoping to spend $58,485 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: 51/38/11 Blend
50$15,400,000$15,400,000$15,400,000$15,400,000
51$16,974,512$16,158,312$15,919,612$17,790,587
52$18,643,685$16,887,842$16,390,692$19,077,956
53$20,481,153$17,651,159$16,875,592$20,470,195
54$22,504,021$18,449,856$17,374,715$21,982,357
55$24,731,136$19,285,603$17,888,473$23,625,747
56$27,183,265$20,160,151$18,417,290$25,412,784
57$29,883,293$21,075,333$18,961,603$27,357,108
58$32,856,434$22,033,070$19,521,862$29,473,709
59$36,130,475$23,035,375$20,098,529$31,779,058
60$39,736,032$24,084,357$20,692,079$34,291,257
61$43,706,844$25,182,227$21,303,000$37,030,205
62$48,080,087$26,331,302$21,931,796$40,017,777
63$52,896,729$27,534,008$22,578,984$43,278,023
64$58,201,910$28,792,890$23,245,095$46,837,388
65$64,045,377$30,110,613$23,930,677$50,724,956
66$70,481,943$31,489,970$24,636,293$54,972,710
67$77,572,013$32,933,891$25,362,520$59,615,833
68$85,382,149$34,445,442$26,109,956$64,693,025
69$93,985,699$36,027,840$26,879,210$70,246,859
70$103,463,491$37,684,454$27,670,914$76,324,179
71$113,904,591$39,418,817$28,485,714$82,976,523
72$125,407,150$41,234,630$29,324,276$90,260,605
73$138,079,326$43,135,773$30,187,285$98,238,837
74$152,040,303$45,126,312$31,075,446$106,979,904
75$167,421,422$47,210,509$31,989,481$116,559,404
76$184,367,416$49,392,832$32,930,137$127,060,544
77$203,037,774$51,677,963$33,898,179$138,574,916
78$223,608,252$54,070,809$34,894,393$151,203,344
79$246,272,529$56,576,514$35,919,591$165,056,821
80$271,244,034$59,200,470$36,974,604$180,257,543
81$298,757,961$61,948,328$38,060,288$196,940,045
82$329,073,490$64,826,013$39,177,525$215,252,453
83$362,476,233$67,839,735$40,327,219$235,357,864
84$399,280,929$70,996,002$41,510,301$257,435,870
85$439,834,416$74,301,638$42,727,728$281,684,230
86$484,518,903$77,763,796$43,980,484$308,320,716
87$533,755,582$81,389,972$45,269,581$337,585,150
88$588,008,598$85,188,028$46,596,059$369,741,643
89$647,789,435$89,166,201$47,960,987$405,081,065
90$713,661,743$93,333,130$49,365,465$443,923,767
91$786,246,655$97,697,868$50,810,623$486,622,578
92$866,228,659$102,269,908$52,297,623$533,566,108
93$954,362,049$107,059,201$53,827,661$585,182,390
94$1,051,478,055$112,076,178$55,401,964$641,942,889
95$1,158,492,681$117,331,776$57,021,795$704,366,923
96$1,276,415,362$122,837,460$58,688,452$773,026,530
97$1,406,358,483$128,605,250$60,403,270$848,551,839
98$1,549,547,889$134,647,748$62,167,619$931,636,977
99$1,707,334,450$140,978,164$63,982,911$1,023,046,589
100$1,881,206,820$147,610,350$65,850,595$1,123,623,014