Can I retire at age 51 with 16,300,000?

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 $16,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$1,346,039$1,334,049$1,322,351$1,310,934$1,299,785$1,257,172
2 years$666,356$653,946$641,918$630,257$618,945$576,420
3 years$439,824$427,361$415,363$403,811$392,684$351,582
4 years$326,581$314,155$302,278$290,923$280,066$240,700
5 years$258,653$246,302$234,580$223,457$212,901$175,379
6 years$213,382$201,124$189,576$178,700$168,462$132,812
7 years$181,058$168,903$157,538$146,919$137,004$103,224
8 years$156,827$144,781$133,605$123,247$113,658$81,722
9 years$137,990$126,058$115,074$104,979$95,717$65,587
10 years$122,929$111,114$100,324$90,493$81,556$53,186
11 years$110,615$98,918$88,324$78,756$70,140$43,477
12 years$100,360$88,784$78,385$69,080$60,782$35,766
13 years$91,690$80,235$70,032$60,987$53,003$29,573
14 years$84,265$72,931$62,924$54,137$46,462$24,551
15 years$77,835$66,624$56,812$48,281$40,909$20,450
16 years$72,215$61,126$51,508$43,230$36,156$17,081
17 years$67,261$56,295$46,870$38,842$32,058$14,299
18 years$62,863$52,019$42,787$35,005$28,505$11,992
19 years$58,932$48,211$39,169$31,630$25,407$10,072
20 years$55,399$44,800$35,948$28,647$22,694$8,471
21 years$52,206$41,729$33,065$25,999$20,308$7,132
22 years$49,307$38,953$30,474$23,639$18,204$6,010
23 years$46,665$36,432$28,138$21,528$16,341$5,069
24 years$44,246$34,134$26,023$19,635$14,687$4,277
25 years$42,024$32,033$24,102$17,932$13,216$3,611
26 years$39,976$30,106$22,353$16,396$11,905$3,050
27 years$38,084$28,333$20,757$15,008$10,733$2,578
28 years$36,329$26,698$19,296$13,750$9,685$2,179
29 years$34,699$25,187$17,957$12,609$8,745$1,842
30 years$33,180$23,786$16,726$11,572$7,902$1,558
31 years$31,762$22,486$15,593$10,628$7,144$1,318
32 years$30,435$21,276$14,549$9,768$6,462$1,115
33 years$29,191$20,149$13,584$8,982$5,848$943
34 years$28,023$19,097$12,692$8,264$5,295$798
35 years$26,924$18,113$11,867$7,608$4,796$675
36 years$25,888$17,192$11,101$7,007$4,345$572
37 years$24,911$16,328$10,390$6,456$3,938$484
38 years$23,987$15,518$9,730$5,950$3,570$410
39 years$23,113$14,756$9,116$5,486$3,238$347
40 years$22,285$14,039$8,544$5,060$2,937$294
41 years$21,499$13,364$8,012$4,669$2,664$248
42 years$20,752$12,727$7,515$4,309$2,418$210
43 years$20,042$12,126$7,052$3,978$2,194$178
44 years$19,367$11,559$6,620$3,673$1,992$151
45 years$18,723$11,023$6,216$3,392$1,808$128
46 years$18,109$10,515$5,838$3,133$1,642$108
47 years$17,523$10,035$5,485$2,895$1,491$92
48 years$16,963$9,579$5,154$2,675$1,354$77
49 years$16,427$9,148$4,845$2,472$1,229$66
50 years$15,914$8,738$4,555$2,285$1,117$56

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $16,300,000, adding $5,866 every year, while hoping to spend $33,044 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: 79/16/5 Blend
50$16,300,000$16,300,000$16,300,000$16,300,000
51$17,968,651$17,104,751$16,852,101$19,384,297
52$19,766,295$17,907,725$17,381,488$21,115,129
53$21,746,191$18,748,937$17,927,501$23,008,291
54$23,926,894$19,630,227$18,490,664$25,083,888
55$26,328,850$20,553,521$19,071,515$27,360,070
56$28,974,590$21,520,842$19,670,608$29,856,822
57$31,888,943$22,534,307$20,288,517$32,596,142
58$35,099,265$23,596,138$20,925,833$35,602,252
59$38,635,707$24,708,666$21,583,166$38,901,822
60$42,531,490$25,874,331$22,261,142$42,524,216
61$46,823,223$27,095,695$22,960,412$46,501,770
62$51,551,249$28,375,441$23,681,643$50,870,089
63$56,760,023$29,716,385$24,425,525$55,668,384
64$62,498,535$31,121,477$25,192,769$60,939,835
65$68,820,768$32,593,811$25,984,109$66,731,999
66$75,786,211$34,136,633$26,800,302$73,097,248
67$83,460,420$35,753,343$27,642,127$80,093,265
68$91,915,635$37,447,509$28,510,390$87,783,580
69$101,231,462$39,222,870$29,405,921$96,238,170
70$111,495,628$41,083,346$30,329,576$105,534,109
71$122,804,802$43,033,051$31,282,237$115,756,292
72$135,265,517$45,076,295$32,264,817$126,998,233
73$148,995,164$47,217,599$33,278,253$139,362,941
74$164,123,112$49,461,702$34,323,515$152,963,886
75$180,791,919$51,813,575$35,401,603$167,926,062
76$199,158,685$54,278,430$36,513,546$184,387,165
77$219,396,529$56,861,731$37,660,408$202,498,883
78$241,696,228$59,569,210$38,843,286$222,428,320
79$266,268,017$62,406,874$40,063,309$244,359,569
80$293,343,569$65,381,025$41,321,644$268,495,440
81$323,178,188$68,498,270$42,619,494$295,059,365
82$356,053,216$71,765,538$43,958,100$324,297,503
83$392,278,688$75,190,094$45,338,741$356,481,050
84$432,196,262$78,779,557$46,762,737$391,908,793
85$476,182,441$82,541,915$48,231,448$430,909,920
86$524,652,129$86,485,547$49,746,280$473,847,116
87$578,062,545$90,619,238$51,308,680$521,119,978
88$636,917,544$94,952,201$52,920,140$573,168,776
89$701,772,371$99,494,096$54,582,203$630,478,595
90$773,238,902$104,255,056$56,296,455$693,583,904
91$851,991,419$109,245,703$58,064,536$763,073,591
92$938,772,981$114,477,180$59,888,135$839,596,504
93$1,034,402,434$119,961,170$61,768,996$923,867,563
94$1,139,782,140$125,709,925$63,708,915$1,016,674,500
95$1,255,906,502$131,736,295$65,709,748$1,118,885,274
96$1,383,871,347$138,053,755$67,773,406$1,231,456,249
97$1,524,884,271$144,676,436$69,901,861$1,355,441,209
98$1,680,276,041$151,619,156$72,097,148$1,492,001,287
99$1,851,513,160$158,897,457$74,361,365$1,642,415,907
100$2,040,211,707$166,527,637$76,696,676$1,808,094,843