Can I retire at age 51 with 16,900,000?

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 $16,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$1,395,586$1,383,155$1,371,027$1,359,189$1,347,630$1,336,897
2 years$690,884$678,017$665,547$653,456$641,728$630,909
3 years$456,014$443,092$430,653$418,676$407,139$396,569
4 years$338,602$325,719$313,405$301,632$290,375$280,135
5 years$268,174$255,368$243,215$231,683$220,738$210,859
6 years$221,236$208,527$196,554$185,278$174,663$165,157
7 years$187,723$175,121$163,337$152,328$142,048$132,919
8 years$162,599$150,111$138,523$127,784$117,842$109,091
9 years$143,069$130,698$119,310$108,843$99,240$90,864
10 years$127,454$115,204$104,017$93,824$84,558$76,551
11 years$114,686$102,560$91,575$81,655$72,722$65,080
12 years$104,054$92,052$81,270$71,622$63,020$55,735
13 years$95,065$83,188$72,610$63,232$54,954$48,018
14 years$87,366$75,616$65,240$56,130$48,173$41,577
15 years$80,700$69,076$58,903$50,058$42,415$36,151
16 years$74,873$63,376$53,404$44,822$37,487$31,544
17 years$69,737$58,367$48,596$40,272$33,238$27,608
18 years$65,177$53,934$44,362$36,293$29,554$24,225
19 years$61,101$49,985$40,611$32,794$26,342$21,303
20 years$57,438$46,449$37,271$29,701$23,529$18,771
21 years$54,127$43,265$34,282$26,956$21,056$16,567
22 years$51,122$40,386$31,596$24,509$18,874$14,643
23 years$48,382$37,773$29,173$22,321$16,942$12,959
24 years$45,874$35,391$26,980$20,358$15,228$11,481
25 years$43,571$33,212$24,989$18,592$13,703$10,182
26 years$41,448$31,214$23,176$17,000$12,343$9,038
27 years$39,485$29,376$21,521$15,560$11,128$8,028
28 years$37,666$27,681$20,007$14,256$10,041$7,136
29 years$35,976$26,114$18,618$13,073$9,067$6,347
30 years$34,401$24,662$17,342$11,998$8,193$5,648
31 years$32,931$23,314$16,167$11,019$7,407$5,028
32 years$31,555$22,059$15,084$10,127$6,700$4,479
33 years$30,265$20,891$14,084$9,313$6,064$3,990
34 years$29,054$19,800$13,160$8,568$5,490$3,557
35 years$27,915$18,780$12,303$7,888$4,972$3,171
36 years$26,841$17,825$11,510$7,264$4,505$2,828
37 years$25,828$16,929$10,773$6,693$4,083$2,522
38 years$24,870$16,089$10,088$6,169$3,702$2,250
39 years$23,964$15,299$9,452$5,688$3,357$2,008
40 years$23,105$14,556$8,859$5,247$3,045$1,792
41 years$22,290$13,856$8,307$4,841$2,762$1,599
42 years$21,516$13,196$7,792$4,467$2,507$1,428
43 years$20,780$12,573$7,312$4,124$2,275$1,275
44 years$20,080$11,984$6,863$3,808$2,065$1,138
45 years$19,412$11,428$6,445$3,517$1,875$1,016
46 years$18,775$10,902$6,053$3,248$1,702$908
47 years$18,168$10,404$5,687$3,001$1,545$811
48 years$17,587$9,932$5,344$2,773$1,404$724
49 years$17,032$9,484$5,023$2,563$1,275$647
50 years$16,500$9,060$4,722$2,369$1,158$578

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $16,900,000, adding $6,410 every year, while hoping to spend $40,873 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: 52/21/27 Blend
50$16,900,000$16,900,000$16,900,000$16,900,000
51$18,630,412$17,734,712$17,472,762$19,457,959
52$20,487,225$18,560,224$18,014,611$20,858,666
53$22,532,064$19,424,817$18,573,242$22,376,884
54$24,784,063$20,330,361$19,149,174$24,027,665
55$27,264,308$21,278,820$19,742,942$25,823,674
56$29,996,035$22,272,250$20,355,098$27,778,834
57$33,004,848$23,312,807$20,986,211$29,908,449
58$36,318,959$24,402,751$21,636,866$32,229,349
59$39,969,460$25,544,453$22,307,668$34,760,041
60$43,990,610$26,740,396$22,999,240$37,520,877
61$48,420,161$27,993,185$23,712,223$40,534,246
62$53,299,716$29,305,549$24,447,281$43,824,772
63$58,675,117$30,680,351$25,205,095$47,419,547
64$64,596,882$32,120,592$25,986,369$51,348,376
65$71,120,680$33,629,417$26,791,829$55,644,055
66$78,307,855$35,210,124$27,622,221$60,342,673
67$86,226,008$36,866,171$28,478,316$65,483,944
68$94,949,630$38,601,183$29,360,909$71,111,575
69$104,560,812$40,418,960$30,270,819$77,273,674
70$115,150,013$42,323,488$31,208,891$84,023,190
71$126,816,919$44,318,944$32,175,993$91,418,411
72$139,671,380$46,409,707$33,173,024$99,523,501
73$153,834,449$48,600,371$34,200,908$108,409,098
74$169,439,523$50,895,749$35,260,599$118,152,970
75$186,633,605$53,300,891$36,353,079$128,840,743
76$205,578,687$55,821,089$37,479,362$140,566,693
77$226,453,284$58,461,894$38,640,492$153,434,631
78$249,454,115$61,229,123$39,837,545$167,558,867
79$274,797,963$64,128,878$41,071,630$183,065,280
80$302,723,719$67,167,557$42,343,893$200,092,493
81$333,494,637$70,351,866$43,655,513$218,793,169
82$367,400,821$73,688,838$45,007,704$239,335,436
83$404,761,963$77,185,849$46,401,720$261,904,466
84$445,930,358$80,850,631$47,838,852$286,704,202
85$491,294,234$84,691,291$49,320,433$313,959,272
86$541,281,413$88,716,332$50,847,835$343,917,091
87$596,363,352$92,934,667$52,422,472$376,850,181
88$657,059,593$97,355,644$54,045,804$413,058,728
89$723,942,667$101,989,066$55,719,333$452,873,394
90$797,643,498$106,845,209$57,444,610$496,658,421
91$878,857,362$111,934,852$59,223,232$544,815,049
92$968,350,449$117,269,296$61,056,846$597,785,285
93$1,066,967,094$122,860,391$62,947,150$656,056,052
94$1,175,637,752$128,720,564$64,895,893$720,163,764
95$1,295,387,777$134,862,845$66,904,880$790,699,364
96$1,427,347,106$141,300,901$68,975,969$868,313,880
97$1,572,760,924$148,049,059$71,111,078$953,724,546
98$1,733,001,421$155,122,345$73,312,182$1,047,721,542
99$1,909,580,744$162,536,518$75,581,318$1,151,175,429
100$2,104,165,272$170,308,100$77,920,585$1,265,045,336