Can I retire at age 51 with 18,200,000?

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 $18,200,000?

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$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,403,713
2 years$744,029$730,172$716,743$703,722$691,092$643,610
3 years$491,092$477,176$463,780$450,882$438,457$392,563
4 years$364,649$350,775$337,513$324,835$312,711$268,757
5 years$288,802$275,012$261,924$249,504$237,718$195,821
6 years$238,255$224,568$211,674$199,531$188,098$148,293
7 years$202,163$188,592$175,902$164,045$152,974$115,256
8 years$175,107$161,658$149,179$137,613$126,907$91,248
9 years$154,074$140,752$128,487$117,216$106,874$73,232
10 years$137,258$124,066$112,018$101,041$91,062$59,385
11 years$123,508$110,449$98,619$87,936$78,316$48,545
12 years$112,059$99,133$87,522$77,132$67,867$39,936
13 years$102,378$89,587$78,195$68,096$59,182$33,020
14 years$94,087$81,432$70,259$60,448$51,878$27,413
15 years$86,908$74,390$63,434$53,909$45,678$22,834
16 years$80,633$68,251$57,512$48,270$40,370$19,072
17 years$75,102$62,857$52,334$43,370$35,795$15,965
18 years$70,190$58,083$47,774$39,085$31,827$13,389
19 years$65,801$53,830$43,735$35,317$28,368$11,247
20 years$61,856$50,022$40,138$31,986$25,339$9,459
21 years$58,291$46,593$36,919$29,029$22,676$7,964
22 years$55,055$43,493$34,027$26,394$20,325$6,711
23 years$52,104$40,678$31,417$24,038$18,245$5,659
24 years$49,403$38,113$29,056$21,924$16,399$4,776
25 years$46,922$35,767$26,912$20,022$14,757$4,032
26 years$44,636$33,615$24,959$18,307$13,292$3,406
27 years$42,523$31,636$23,177$16,757$11,984$2,878
28 years$40,564$29,810$21,546$15,353$10,814$2,433
29 years$38,743$28,123$20,050$14,079$9,764$2,057
30 years$37,047$26,559$18,676$12,921$8,823$1,739
31 years$35,464$25,107$17,411$11,867$7,977$1,471
32 years$33,982$23,756$16,245$10,906$7,215$1,245
33 years$32,594$22,498$15,168$10,029$6,530$1,053
34 years$31,289$21,323$14,172$9,228$5,912$891
35 years$30,062$20,224$13,250$8,494$5,355$754
36 years$28,906$19,196$12,395$7,823$4,852$638
37 years$27,815$18,231$11,601$7,208$4,397$540
38 years$26,783$17,326$10,864$6,644$3,987$457
39 years$25,807$16,476$10,179$6,126$3,615$387
40 years$24,882$15,675$9,540$5,650$3,279$328
41 years$24,005$14,921$8,946$5,213$2,975$277
42 years$23,171$14,211$8,392$4,811$2,699$235
43 years$22,379$13,540$7,874$4,441$2,450$199
44 years$21,624$12,906$7,391$4,101$2,224$168
45 years$20,905$12,307$6,940$3,787$2,019$143
46 years$20,220$11,741$6,518$3,498$1,833$121
47 years$19,565$11,204$6,124$3,232$1,664$102
48 years$18,940$10,696$5,755$2,986$1,511$87
49 years$18,342$10,214$5,409$2,760$1,373$73
50 years$17,770$9,757$5,085$2,551$1,247$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,200,000, adding $5,397 every year, while hoping to spend $53,023 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: 49/23/28 Blend
50$18,200,000$18,200,000$18,200,000$18,200,000
51$20,061,967$19,097,367$18,815,267$20,885,051
52$22,051,872$19,976,722$19,389,162$22,342,174
53$24,242,969$20,897,388$19,980,506$23,918,700
54$26,655,726$21,861,334$20,589,827$25,630,567
55$29,312,693$22,870,622$21,217,669$27,490,605
56$32,238,720$23,927,415$21,864,593$29,512,919
57$35,461,190$25,033,979$22,531,178$31,713,007
58$39,010,277$26,192,690$23,218,018$34,107,909
59$42,919,230$27,406,036$23,925,727$36,716,358
60$47,224,689$28,676,629$24,654,935$39,558,950
61$51,967,027$30,007,203$25,406,295$42,658,334
62$57,190,733$31,400,627$26,180,476$46,039,421
63$62,944,835$32,859,904$26,978,169$49,729,608
64$69,283,355$34,388,187$27,800,085$53,759,034
65$76,265,826$35,988,777$28,646,956$58,160,853
66$83,957,850$37,665,136$29,519,539$62,971,542
67$92,431,717$39,420,893$30,418,609$68,231,239
68$101,767,088$41,259,853$31,344,969$73,984,109
69$112,051,748$43,186,003$32,299,442$80,278,753
70$123,382,433$45,203,524$33,282,880$87,168,664
71$135,865,741$47,316,797$34,296,157$94,712,712
72$149,619,144$49,530,417$35,340,175$102,975,698
73$164,772,089$51,849,200$36,415,864$112,028,955
74$181,467,227$54,278,195$37,524,180$121,951,004
75$199,861,752$56,822,695$38,666,108$132,828,291
76$220,128,892$59,488,249$39,842,664$144,755,987
77$242,459,540$62,280,674$41,054,894$157,838,878
78$267,064,055$65,206,069$42,303,875$172,192,337
79$294,174,251$68,270,828$43,590,717$187,943,402
80$324,045,580$71,481,655$44,916,562$205,231,962
81$356,959,550$74,845,577$46,282,587$224,212,060
82$393,226,377$78,369,963$47,690,007$245,053,338
83$433,187,914$82,062,537$49,140,069$267,942,613
84$477,220,880$85,931,401$50,634,060$293,085,634
85$525,740,415$89,985,044$52,173,305$320,709,000
86$579,203,996$94,232,370$53,759,170$351,062,284
87$638,115,761$98,682,714$55,393,060$384,420,369
88$703,031,265$103,345,863$57,076,424$421,086,024
89$774,562,723$108,232,079$58,810,752$461,392,741
90$853,384,790$113,352,121$60,597,583$505,707,862
91$940,240,934$118,717,270$62,438,497$554,436,024
92$1,035,950,448$124,339,354$64,335,125$608,022,954
93$1,141,416,187$130,230,776$66,289,145$666,959,656
94$1,257,633,094$136,404,540$68,302,287$731,787,016
95$1,385,697,588$142,874,281$70,376,332$803,100,885
96$1,526,817,917$149,654,295$72,513,114$881,557,672
97$1,682,325,563$156,759,574$74,714,522$967,880,516
98$1,853,687,814$164,205,837$76,982,502$1,062,866,079
99$2,042,521,613$172,009,565$79,319,058$1,167,392,035
100$2,250,608,826$180,188,042$81,726,255$1,282,425,323