Can I retire at age 51 with 18,300,000?

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 $18,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,430,389
2 years$748,117$734,184$720,681$707,589$694,889$665,917
3 years$493,791$479,798$466,328$453,359$440,866$412,703
4 years$366,652$352,702$339,368$326,620$314,430$287,293
5 years$290,389$276,523$263,363$250,875$239,024$212,991
6 years$239,564$225,802$212,837$200,627$189,132$164,230
7 years$203,274$189,628$176,868$164,946$153,815$130,051
8 years$176,069$162,546$149,998$138,369$127,604$104,971
9 years$154,921$141,526$129,193$117,860$107,461$85,944
10 years$138,012$124,748$112,634$101,597$91,562$71,141
11 years$124,187$111,056$99,161$88,419$78,747$59,396
12 years$112,674$99,678$88,003$77,556$68,240$49,933
13 years$102,940$90,079$78,625$68,470$59,507$42,212
14 years$94,604$81,880$70,645$60,780$52,163$35,848
15 years$87,386$74,799$63,783$54,205$45,929$30,560
16 years$81,076$68,626$57,828$48,535$40,592$26,134
17 years$75,514$63,202$52,621$43,608$35,992$22,408
18 years$70,576$58,402$48,037$39,300$32,002$19,256
19 years$66,163$54,126$43,975$35,511$28,524$16,579
20 years$62,196$50,297$40,358$32,162$25,478$14,298
21 years$58,611$46,849$37,122$29,189$22,800$12,347
22 years$55,357$43,732$34,214$26,539$20,437$10,675
23 years$52,390$40,902$31,590$24,170$18,346$9,239
24 years$49,675$38,322$29,216$22,044$16,489$8,002
25 years$47,180$35,964$27,059$20,132$14,838$6,937
26 years$44,881$33,800$25,096$18,408$13,365$6,017
27 years$42,756$31,810$23,304$16,849$12,050$5,222
28 years$40,787$29,974$21,664$15,437$10,873$4,535
29 years$38,956$28,277$20,160$14,156$9,818$3,939
30 years$37,251$26,705$18,779$12,992$8,871$3,423
31 years$35,659$25,245$17,507$11,932$8,020$2,976
32 years$34,169$23,887$16,334$10,966$7,255$2,587
33 years$32,773$22,621$15,251$10,084$6,566$2,250
34 years$31,461$21,440$14,250$9,278$5,945$1,957
35 years$30,227$20,335$13,323$8,541$5,384$1,703
36 years$29,065$19,301$12,463$7,866$4,878$1,482
37 years$27,967$18,332$11,665$7,248$4,421$1,290
38 years$26,930$17,422$10,924$6,680$4,008$1,123
39 years$25,949$16,566$10,235$6,160$3,635$977
40 years$25,019$15,761$9,593$5,681$3,297$851
41 years$24,137$15,003$8,995$5,242$2,991$741
42 years$23,299$14,289$8,438$4,838$2,714$645
43 years$22,502$13,614$7,918$4,466$2,463$562
44 years$21,743$12,977$7,432$4,123$2,236$489
45 years$21,020$12,375$6,978$3,808$2,030$426
46 years$20,331$11,805$6,554$3,517$1,843$371
47 years$19,673$11,266$6,158$3,250$1,674$323
48 years$19,044$10,755$5,786$3,003$1,520$281
49 years$18,443$10,270$5,439$2,775$1,380$245
50 years$17,867$9,810$5,113$2,565$1,254$213

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,300,000, adding $3,548 every year, while hoping to spend $21,735 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: 34/43/23 Blend
50$18,300,000$18,300,000$18,300,000$18,300,000
51$20,170,260$19,200,360$18,916,710$20,714,463
52$22,204,500$20,118,052$19,527,294$22,037,434
53$24,445,505$21,079,982$20,157,604$23,460,866
54$26,914,341$22,088,295$20,808,278$24,995,425
55$29,634,223$23,145,241$21,479,974$26,650,982
56$32,630,733$24,253,177$22,173,373$28,438,347
57$35,932,063$25,414,578$22,889,176$30,369,364
58$39,569,278$26,632,036$23,628,108$32,457,017
59$43,576,611$27,908,273$24,390,916$34,715,535
60$47,991,787$29,246,140$25,178,374$37,160,525
61$52,856,378$30,648,629$25,991,277$39,809,101
62$58,216,193$32,118,877$26,830,450$42,680,039
63$64,121,717$33,660,174$27,696,742$45,793,938
64$70,628,579$35,275,970$28,591,030$49,173,408
65$77,798,084$36,969,883$29,514,220$52,843,265
66$85,697,789$38,745,707$30,467,246$56,830,756
67$94,402,139$40,607,422$31,451,075$61,165,798
68$103,993,173$42,559,201$32,466,701$65,881,249
69$114,561,295$44,605,421$33,515,155$71,013,200
70$126,206,132$46,750,672$34,597,497$76,601,302
71$139,037,470$48,999,767$35,714,825$82,689,122
72$153,176,290$51,357,754$36,868,271$89,324,535
73$168,755,916$53,829,928$38,059,002$96,560,162
74$185,923,266$56,421,841$39,288,225$104,453,840
75$204,840,245$59,139,317$40,557,186$113,069,155
76$225,685,269$61,988,462$41,867,171$122,476,017
77$248,654,952$64,975,682$43,219,507$132,751,298
78$273,965,961$68,107,695$44,615,564$143,979,533
79$301,857,061$71,391,544$46,056,757$156,253,699
80$332,591,370$74,834,619$47,544,548$169,676,060
81$366,458,843$78,444,668$49,080,444$184,359,110
82$403,779,008$82,229,820$50,666,001$200,426,606
83$444,903,982$86,198,596$52,302,828$218,014,706
84$490,221,798$90,359,938$53,992,582$237,273,226
85$540,160,067$94,723,220$55,736,979$258,367,019
86$595,190,011$99,298,275$57,537,785$281,477,498
87$655,830,919$104,095,417$59,396,828$306,804,317
88$722,655,043$109,125,462$61,315,991$334,567,213
89$796,293,002$114,399,755$63,297,222$365,008,049
90$877,439,738$119,930,193$65,342,529$398,393,048
91$966,861,074$125,729,255$67,453,987$435,015,271
92$1,065,400,945$131,810,030$69,633,736$475,197,337
93$1,173,989,363$138,186,244$71,883,989$519,294,421
94$1,293,651,203$144,872,294$74,207,026$567,697,558
95$1,425,515,870$151,883,281$76,605,206$620,837,286
96$1,570,827,968$159,235,041$79,080,961$679,187,657
97$1,730,959,050$166,944,187$81,636,801$743,270,652
98$1,907,420,560$175,028,140$84,275,322$813,661,055
99$2,101,878,111$183,505,172$86,999,199$890,991,817
100$2,316,167,203$192,394,450$89,811,196$975,959,965