Can I retire at age 51 with 16,500,000?

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 $16,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$1,362,555$1,350,418$1,338,576$1,327,019$1,315,733$1,304,709
2 years$674,532$661,969$649,794$637,990$626,540$615,429
3 years$445,221$432,604$420,460$408,766$397,502$386,649
4 years$330,588$318,010$305,987$294,493$283,502$272,990
5 years$261,826$249,324$237,459$226,199$215,514$205,374
6 years$216,000$203,592$191,902$180,893$170,529$160,774
7 years$183,280$170,976$159,471$148,722$138,686$129,320
8 years$158,751$146,558$135,244$124,759$115,053$106,077
9 years$139,683$127,605$116,486$106,267$96,891$88,301
10 years$124,437$112,478$101,555$91,603$82,556$74,348
11 years$111,972$100,132$89,407$79,722$71,001$63,168
12 years$101,592$89,873$79,347$69,927$61,528$54,063
13 years$92,815$81,219$70,891$61,735$53,654$46,548
14 years$85,299$73,826$63,696$54,802$47,032$40,278
15 years$78,790$67,441$57,509$48,873$41,411$34,998
16 years$73,101$61,876$52,140$43,761$36,599$30,517
17 years$68,087$56,986$47,446$39,319$32,451$26,690
18 years$63,634$52,657$43,312$35,434$28,854$23,403
19 years$59,655$48,802$39,650$32,018$25,718$20,566
20 years$56,078$45,349$36,389$28,998$22,972$18,108
21 years$52,846$42,241$33,470$26,318$20,558$15,970
22 years$49,912$39,431$30,848$23,929$18,427$14,105
23 years$47,237$36,879$28,483$21,793$16,541$12,473
24 years$44,789$34,553$26,342$19,876$14,867$11,042
25 years$42,540$32,426$24,398$18,152$13,378$9,785
26 years$40,467$30,475$22,628$16,597$12,051$8,679
27 years$38,551$28,681$21,012$15,192$10,865$7,703
28 years$36,775$27,026$19,533$13,919$9,804$6,842
29 years$35,124$25,496$18,177$12,764$8,852$6,080
30 years$33,587$24,078$16,932$11,714$7,999$5,406
31 years$32,151$22,762$15,785$10,759$7,232$4,809
32 years$30,808$21,537$14,727$9,887$6,541$4,280
33 years$29,549$20,396$13,751$9,092$5,920$3,810
34 years$28,367$19,331$12,848$8,366$5,360$3,393
35 years$27,254$18,335$12,012$7,701$4,855$3,023
36 years$26,206$17,403$11,237$7,092$4,399$2,693
37 years$25,216$16,529$10,518$6,535$3,987$2,400
38 years$24,281$15,708$9,849$6,023$3,614$2,139
39 years$23,397$14,937$9,228$5,554$3,277$1,907
40 years$22,558$14,211$8,649$5,123$2,973$1,701
41 years$21,763$13,528$8,110$4,726$2,697$1,517
42 years$21,007$12,883$7,608$4,362$2,447$1,353
43 years$20,288$12,275$7,139$4,026$2,221$1,207
44 years$19,604$11,701$6,701$3,718$2,016$1,077
45 years$18,953$11,158$6,292$3,433$1,830$961
46 years$18,331$10,644$5,910$3,171$1,662$857
47 years$17,738$10,158$5,552$2,930$1,509$765
48 years$17,171$9,697$5,217$2,707$1,370$683
49 years$16,629$9,260$4,904$2,502$1,245$609
50 years$16,110$8,846$4,610$2,313$1,130$544

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $16,500,000, adding $4,311 every year, while hoping to spend $57,899 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: 53/41/6 Blend
50$16,500,000$16,500,000$16,500,000$16,500,000
51$18,187,447$17,312,947$17,057,197$19,126,064
52$19,980,962$18,099,677$17,567,009$20,548,593
53$21,955,476$18,923,017$18,091,959$22,088,637
54$24,129,388$19,784,698$18,632,493$23,762,604
55$26,522,975$20,686,537$19,189,071$25,583,145
56$29,158,577$21,630,437$19,762,164$27,564,157
57$32,060,815$22,618,391$20,352,259$29,720,906
58$35,256,814$23,652,488$20,959,856$32,070,166
59$38,776,468$24,734,919$21,585,470$34,630,370
60$42,652,716$25,867,978$22,229,631$37,421,777
61$46,921,854$27,054,070$22,892,885$40,466,653
62$51,623,879$28,295,715$23,575,792$43,789,480
63$56,802,864$29,595,555$24,278,931$47,417,169
64$62,507,376$30,956,357$25,002,895$51,379,314
65$68,790,933$32,381,023$25,748,297$55,708,460
66$75,712,508$33,872,594$26,515,765$60,440,397
67$83,337,089$35,434,256$27,305,948$65,614,492
68$91,736,287$37,069,349$28,119,512$71,274,049
69$100,989,015$38,781,374$28,957,143$77,466,707
70$111,182,235$40,574,001$29,819,547$84,244,878
71$122,411,771$42,451,076$30,707,450$91,666,229
72$134,783,222$44,416,629$31,621,600$99,794,216
73$148,412,952$46,474,885$32,562,765$108,698,668
74$163,429,194$48,630,275$33,531,738$118,456,435
75$179,973,252$50,887,439$34,529,332$129,152,095
76$198,200,844$53,251,244$35,556,385$140,878,741
77$218,283,566$55,726,791$36,613,760$153,738,842
78$240,410,512$58,319,425$37,702,343$167,845,196
79$264,790,060$61,034,753$38,823,047$183,321,976
80$291,651,839$63,878,649$39,976,812$200,305,884
81$321,248,894$66,857,271$41,164,603$218,947,423
82$353,860,080$69,977,075$42,387,415$239,412,298
83$389,792,685$73,244,829$43,646,271$261,882,961
84$429,385,342$76,667,628$44,942,224$286,560,308
85$473,011,214$80,252,909$46,276,355$313,665,556
86$521,081,524$84,008,468$47,649,780$343,442,308
87$574,049,436$87,942,480$49,063,644$376,158,824
88$632,414,330$92,063,513$50,519,127$412,110,530
89$696,726,516$96,380,549$52,017,442$451,622,782
90$767,592,432$100,903,007$53,559,838$495,053,902
91$845,680,364$105,640,759$55,147,597$542,798,537
92$931,726,762$110,604,157$56,782,042$595,291,351
93$1,026,543,183$115,804,051$58,464,531$653,011,094
94$1,131,023,957$121,251,820$60,196,463$716,485,091
95$1,246,154,632$126,959,390$61,979,276$786,294,177
96$1,373,021,272$132,939,268$63,814,449$863,078,153
97$1,512,820,714$139,204,564$65,703,505$947,541,775
98$1,666,871,864$145,769,024$67,648,010$1,040,461,373
99$1,836,628,149$152,647,062$69,649,573$1,142,692,137
100$2,023,691,239$159,853,787$71,709,853$1,255,176,138