Can I retire at age 51 with 18,000,000?

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 $18,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,428,696
2 years$735,853$722,148$708,867$695,989$683,498$676,786
3 years$485,696$471,932$458,684$445,927$433,639$427,073
4 years$360,642$346,920$333,804$321,265$309,275$302,905
5 years$285,629$271,990$259,046$246,762$235,106$228,950
6 years$235,636$222,100$209,347$197,338$186,031$180,098
7 years$199,942$186,519$173,969$162,242$151,293$145,586
8 years$173,183$159,881$147,539$136,101$125,512$120,031
9 years$152,381$139,205$127,076$115,928$105,700$100,443
10 years$135,750$122,703$110,787$99,931$90,061$85,028
11 years$122,151$109,235$97,535$86,970$77,456$72,641
12 years$110,827$98,044$86,560$76,284$67,122$62,522
13 years$101,253$88,603$77,336$67,348$58,531$54,143
14 years$93,053$80,537$69,487$59,784$51,308$47,126
15 years$85,953$73,572$62,737$53,317$45,176$41,195
16 years$79,747$67,501$56,880$47,739$39,926$36,141
17 years$74,276$62,166$51,759$42,893$35,402$31,806
18 years$69,419$57,444$47,249$38,655$31,477$28,066
19 years$65,078$53,239$43,254$34,929$28,057$24,823
20 years$61,176$49,472$39,697$31,634$25,061$21,999
21 years$57,651$46,081$36,513$28,710$22,426$19,530
22 years$54,450$43,015$33,653$26,104$20,102$17,365
23 years$51,531$40,231$31,072$23,774$18,045$15,461
24 years$48,860$37,694$28,737$21,683$16,219$13,782
25 years$46,407$35,374$26,616$19,802$14,595$12,298
26 years$44,146$33,246$24,685$18,106$13,146$10,985
27 years$42,055$31,288$22,922$16,573$11,853$9,819
28 years$40,118$29,483$21,309$15,184$10,695$8,784
29 years$38,318$27,814$19,830$13,924$9,657$7,863
30 years$36,640$26,267$18,471$12,779$8,726$7,042
31 years$35,074$24,831$17,220$11,737$7,889$6,311
32 years$33,609$23,495$16,066$10,786$7,136$5,658
33 years$32,235$22,250$15,001$9,919$6,458$5,074
34 years$30,945$21,088$14,016$9,126$5,847$4,553
35 years$29,732$20,002$13,104$8,401$5,296$4,086
36 years$28,588$18,985$12,259$7,737$4,798$3,669
37 years$27,509$18,031$11,474$7,129$4,349$3,294
38 years$26,489$17,136$10,745$6,571$3,943$2,959
39 years$25,524$16,295$10,067$6,059$3,575$2,658
40 years$24,609$15,503$9,436$5,588$3,243$2,389
41 years$23,741$14,757$8,848$5,156$2,942$2,147
42 years$22,917$14,054$8,299$4,758$2,670$1,930
43 years$22,133$13,391$7,788$4,392$2,423$1,735
44 years$21,387$12,764$7,310$4,056$2,199$1,560
45 years$20,676$12,172$6,864$3,745$1,997$1,403
46 years$19,997$11,612$6,447$3,460$1,813$1,261
47 years$19,350$11,081$6,057$3,196$1,646$1,134
48 years$18,732$10,578$5,692$2,954$1,495$1,020
49 years$18,140$10,102$5,350$2,730$1,358$918
50 years$17,574$9,650$5,030$2,523$1,233$826

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,000,000, adding $2,826 every year, while hoping to spend $45,852 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: 49/36/15 Blend
50$18,000,000$18,000,000$18,000,000$18,000,000
51$19,838,915$18,884,915$18,605,915$20,728,487
52$21,813,698$19,761,490$19,180,427$22,218,679
53$23,988,372$20,679,480$19,772,648$23,831,551
54$26,383,278$21,640,866$20,383,124$25,582,564
55$29,020,830$22,647,725$21,012,415$27,484,694
56$31,925,724$23,702,234$21,661,102$29,552,189
57$35,125,179$24,806,674$22,329,779$31,800,699
58$38,649,183$25,963,437$23,019,062$34,247,417
59$42,530,784$27,175,030$23,729,586$36,911,234
60$46,806,400$28,444,082$24,462,002$39,812,907
61$51,516,158$29,773,348$25,216,985$42,975,251
62$56,704,281$31,165,716$25,995,229$46,423,342
63$62,419,496$32,624,215$26,797,448$50,184,748
64$68,715,502$34,152,019$27,624,379$54,289,777
65$75,651,471$35,752,456$28,476,784$58,771,756
66$83,292,609$37,429,014$29,355,444$63,667,334
67$91,710,770$39,185,351$30,261,166$69,016,818
68$100,985,137$41,025,301$31,194,784$74,864,541
69$111,202,965$42,952,885$32,157,153$81,259,272
70$122,460,408$44,972,317$33,149,158$88,254,659
71$134,863,424$47,088,015$34,171,710$95,909,728
72$148,528,778$49,304,612$35,225,747$104,289,425
73$163,585,140$51,626,965$36,312,236$113,465,213
74$180,174,304$54,060,166$37,432,175$123,515,737
75$198,452,522$56,609,553$38,586,592$134,527,544
76$218,591,982$59,280,724$39,776,546$146,595,891
77$240,782,432$62,079,548$41,003,128$159,825,624
78$265,232,972$65,012,177$42,267,464$174,332,150
79$292,174,024$68,085,062$43,570,713$190,242,510
80$321,859,513$71,304,969$44,914,071$207,696,558
81$354,569,260$74,678,989$46,298,768$226,848,261
82$390,611,623$78,214,558$47,726,076$247,867,131
83$430,326,411$81,919,474$49,197,302$270,939,806
84$474,088,087$85,801,911$50,713,794$296,271,786
85$522,309,309$89,870,442$52,276,944$324,089,350
86$575,444,819$94,134,054$53,888,182$354,641,666
87$633,995,740$98,602,172$55,548,985$388,203,119
88$698,514,305$103,284,677$57,260,875$425,075,871
89$769,609,069$108,191,932$59,025,420$465,592,687
90$847,950,659$113,334,801$60,844,235$510,120,045
91$934,278,096$118,724,676$62,718,988$559,061,564
92$1,029,405,781$124,373,504$64,651,393$612,861,780
93$1,134,231,176$130,293,811$66,643,220$672,010,310
94$1,249,743,281$136,498,733$68,696,293$737,046,439
95$1,377,031,967$143,002,042$70,812,490$808,564,168
96$1,517,298,267$149,818,182$72,993,748$887,217,785
97$1,671,865,715$156,962,297$75,242,063$973,728,001
98$1,842,192,837$164,450,270$77,559,492$1,068,888,709
99$2,029,886,927$172,298,753$79,948,154$1,173,574,431
100$2,236,719,211$180,525,209$82,410,235$1,288,748,531