Can I retire at age 51 with 15,800,000?

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 $15,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,240,574
2 years$645,915$633,886$622,227$610,924$599,959$580,521
3 years$426,333$414,251$402,622$391,425$380,639$361,708
4 years$316,563$304,519$293,006$281,999$271,475$253,197
5 years$250,719$238,746$227,385$216,603$206,371$188,798
6 years$206,836$194,954$183,761$173,219$163,294$146,448
7 years$175,504$163,722$152,706$142,413$132,802$116,687
8 years$152,016$140,340$129,507$119,467$110,172$94,786
9 years$133,757$122,191$111,544$101,759$92,781$78,116
10 years$119,158$107,706$97,247$87,717$79,054$65,098
11 years$107,222$95,884$85,614$76,340$67,989$54,728
12 years$97,282$86,060$75,981$66,961$58,918$46,336
13 years$88,877$77,773$67,884$59,116$51,377$39,457
14 years$81,680$70,694$60,994$52,477$45,037$33,758
15 years$75,448$64,580$55,069$46,800$39,654$28,997
16 years$70,000$59,251$49,928$41,904$35,047$24,989
17 years$65,198$54,568$45,433$37,651$31,075$21,596
18 years$60,935$50,423$41,474$33,931$27,630$18,707
19 years$57,124$46,732$37,968$30,659$24,627$16,238
20 years$53,699$43,425$34,845$27,768$21,998$14,119
21 years$50,604$40,449$32,051$25,201$19,685$12,294
22 years$47,795$37,758$29,540$22,914$17,645$10,720
23 years$45,233$35,314$27,275$20,868$15,839$9,357
24 years$42,889$33,087$25,224$19,033$14,237$8,175
25 years$40,735$31,051$23,363$17,382$12,811$7,149
26 years$38,750$29,182$21,668$15,893$11,540$6,256
27 years$36,915$27,464$20,120$14,547$10,404$5,478
28 years$35,215$25,879$18,705$13,328$9,388$4,799
29 years$33,634$24,414$17,406$12,222$8,477$4,206
30 years$32,162$23,057$16,213$11,217$7,659$3,689
31 years$30,787$21,796$15,115$10,302$6,925$3,236
32 years$29,501$20,624$14,103$9,468$6,264$2,839
33 years$28,295$19,531$13,168$8,707$5,669$2,492
34 years$27,163$18,511$12,303$8,011$5,133$2,188
35 years$26,098$17,557$11,503$7,374$4,649$1,921
36 years$25,094$16,664$10,760$6,792$4,212$1,688
37 years$24,147$15,827$10,072$6,258$3,817$1,482
38 years$23,251$15,042$9,432$5,768$3,461$1,302
39 years$22,404$14,303$8,836$5,318$3,138$1,144
40 years$21,601$13,608$8,282$4,905$2,847$1,006
41 years$20,839$12,954$7,766$4,526$2,583$884
42 years$20,116$12,337$7,285$4,177$2,343$777
43 years$19,428$11,754$6,836$3,856$2,127$683
44 years$18,773$11,204$6,417$3,560$1,930$600
45 years$18,149$10,684$6,025$3,288$1,753$528
46 years$17,553$10,192$5,659$3,037$1,591$464
47 years$16,985$9,727$5,316$2,806$1,445$408
48 years$16,442$9,285$4,996$2,593$1,312$359
49 years$15,923$8,867$4,696$2,396$1,192$315
50 years$15,426$8,470$4,415$2,215$1,082$277

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $15,800,000, adding $4,379 every year, while hoping to spend $35,293 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: 63/25/12 Blend
50$15,800,000$15,800,000$15,800,000$15,800,000
51$17,416,117$16,578,717$16,333,817$18,464,438
52$19,155,009$17,353,523$16,843,448$19,941,467
53$21,070,086$18,165,111$17,368,969$21,549,137
54$23,179,280$19,015,247$17,910,875$23,303,720
55$25,502,354$19,905,781$18,469,677$25,219,483
56$28,061,083$20,838,653$19,045,900$27,312,120
57$30,879,463$21,815,896$19,640,087$29,598,889
58$33,983,936$22,839,644$20,252,798$32,098,779
59$37,403,641$23,912,130$20,884,611$34,832,675
60$41,170,687$25,035,698$21,536,119$37,823,558
61$45,320,455$26,212,805$22,207,937$41,096,713
62$49,891,935$27,446,027$22,900,697$44,679,963
63$54,928,094$28,738,063$23,615,051$48,603,928
64$60,476,277$30,091,746$24,351,673$52,902,302
65$66,588,658$31,510,043$25,111,255$57,612,174
66$73,322,732$32,996,066$25,894,513$62,774,364
67$80,741,856$34,553,078$26,702,184$68,433,806
68$88,915,846$36,184,500$27,535,029$74,639,962
69$97,921,641$37,893,919$28,393,831$81,447,285
70$107,844,023$39,685,095$29,279,398$88,915,723
71$118,776,420$41,561,972$30,192,566$97,111,278
72$130,821,790$43,528,684$31,134,191$106,106,619
73$144,093,588$45,589,565$32,105,162$115,981,760
74$158,716,841$47,749,160$33,106,392$126,824,809
75$174,829,325$50,012,235$34,138,822$138,732,784
76$192,582,869$52,383,787$35,203,425$151,812,525
77$212,144,784$54,869,055$36,301,202$166,181,688
78$233,699,445$57,473,533$37,433,187$181,969,848
79$257,450,033$60,202,980$38,600,443$199,319,705
80$283,620,449$63,063,438$39,804,070$218,388,427
81$312,457,428$66,061,240$41,045,199$239,349,113
82$344,232,870$69,203,026$42,324,998$262,392,420
83$379,246,409$72,495,760$43,644,672$287,728,347
84$417,828,235$75,946,745$45,005,461$315,588,200
85$460,342,216$79,563,636$46,408,645$346,226,766
86$507,189,332$83,354,464$47,855,544$379,924,699
87$558,811,458$87,327,646$49,347,518$416,991,151
88$615,695,538$91,492,013$50,885,972$457,766,679
89$678,378,182$95,856,820$52,472,351$502,626,435
90$747,450,729$100,431,777$54,108,147$551,983,696
91$823,564,832$105,227,063$55,794,899$606,293,737
92$907,438,608$110,253,352$57,534,191$666,058,116
93$999,863,420$115,521,840$59,327,661$731,829,382
94$1,101,711,344$121,044,266$61,176,992$804,216,272
95$1,213,943,405$126,832,938$63,083,925$883,889,430
96$1,337,618,647$132,900,767$65,050,252$971,587,717
97$1,473,904,134$139,261,290$67,077,820$1,068,125,158
98$1,624,085,964$145,928,702$69,168,536$1,174,398,600
99$1,789,581,415$152,917,891$71,324,365$1,291,396,149
100$1,971,952,321$160,244,469$73,547,332$1,420,206,470