Can I retire at age 51 with 18,400,000?

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,427,719
2 years$752,205$738,196$724,619$711,455$698,687$659,150
3 years$496,489$482,419$468,877$455,836$443,275$404,963
4 years$368,656$354,629$341,222$328,404$316,148$279,353
5 years$291,976$278,034$264,802$252,246$240,331$205,156
6 years$240,873$227,035$214,000$201,723$190,165$156,644
7 years$204,385$190,664$177,835$165,848$154,655$122,789
8 years$177,031$163,434$150,818$139,126$128,302$98,074
9 years$155,768$142,299$129,899$118,504$108,048$79,432
10 years$138,767$125,430$113,249$102,152$92,063$65,021
11 years$124,866$111,663$99,703$88,903$79,177$53,668
12 years$113,290$100,222$88,484$77,980$68,613$44,590
13 years$103,503$90,572$79,054$68,844$59,832$37,244
14 years$95,121$82,327$71,031$61,112$52,448$31,243
15 years$87,863$75,207$64,131$54,501$46,180$26,301
16 years$81,519$69,001$58,144$48,800$40,814$22,206
17 years$75,927$63,548$52,909$43,846$36,188$18,794
18 years$70,962$58,721$48,299$39,514$32,177$15,938
19 years$66,524$54,422$44,216$35,705$28,680$13,540
20 years$62,536$50,571$40,579$32,337$25,617$11,518
21 years$58,932$47,105$37,325$29,348$22,925$9,811
22 years$55,660$43,971$34,400$26,684$20,549$8,365
23 years$52,677$41,125$31,763$24,302$18,446$7,138
24 years$49,946$38,532$29,375$22,165$16,580$6,096
25 years$47,438$36,160$27,207$20,242$14,919$5,209
26 years$45,127$33,985$25,233$18,508$13,439$4,453
27 years$42,990$31,984$23,431$16,941$12,116$3,809
28 years$41,010$30,138$21,783$15,522$10,932$3,259
29 years$39,169$28,432$20,270$14,234$9,872$2,790
30 years$37,454$26,851$18,881$13,063$8,920$2,389
31 years$35,854$25,383$17,602$11,997$8,064$2,046
32 years$34,356$24,017$16,423$11,026$7,295$1,752
33 years$32,952$22,745$15,335$10,139$6,602$1,501
34 years$31,633$21,557$14,328$9,329$5,977$1,286
35 years$30,392$20,446$13,395$8,588$5,414$1,102
36 years$29,223$19,407$12,531$7,909$4,905$945
37 years$28,120$18,432$11,729$7,287$4,446$810
38 years$27,078$17,517$10,984$6,717$4,030$694
39 years$26,091$16,657$10,290$6,193$3,655$595
40 years$25,156$15,848$9,645$5,712$3,315$510
41 years$24,269$15,085$9,044$5,270$3,008$437
42 years$23,426$14,367$8,484$4,864$2,729$375
43 years$22,625$13,689$7,961$4,490$2,477$322
44 years$21,862$13,048$7,473$4,146$2,248$276
45 years$21,135$12,443$7,017$3,829$2,041$236
46 years$20,442$11,870$6,590$3,537$1,853$203
47 years$19,780$11,327$6,191$3,267$1,683$174
48 years$19,148$10,813$5,818$3,019$1,528$149
49 years$18,543$10,326$5,469$2,790$1,388$128
50 years$17,965$9,864$5,141$2,579$1,261$110

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,400,000, adding $4,042 every year, while hoping to spend $29,301 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: 37/47/16 Blend
50$18,400,000$18,400,000$18,400,000$18,400,000
51$20,280,969$19,305,769$19,020,569$20,932,652
52$22,318,452$20,220,576$19,626,582$22,316,990
53$24,562,776$21,179,226$20,251,915$23,808,203
54$27,035,008$22,183,837$20,897,183$25,418,303
55$29,758,363$23,236,629$21,563,023$27,157,954
56$32,758,422$24,339,930$22,250,090$29,038,844
57$36,063,376$25,496,181$22,959,063$31,073,781
58$39,704,288$26,707,942$23,690,639$33,276,810
59$43,715,390$27,977,896$24,445,540$35,663,331
60$48,134,405$29,308,858$25,224,510$38,250,236
61$53,002,900$30,703,778$26,028,318$41,056,054
62$58,366,684$32,165,751$26,857,754$44,101,121
63$64,276,234$33,698,021$27,713,637$47,407,754
64$70,787,178$35,303,991$28,596,812$51,000,451
65$77,960,812$36,987,230$29,508,147$54,906,108
66$85,864,688$38,751,477$30,448,543$59,154,262
67$94,573,243$40,600,656$31,418,926$63,777,352
68$104,168,507$42,538,881$32,420,253$68,811,011
69$114,740,875$44,570,466$33,453,512$74,294,387
70$126,389,960$46,699,935$34,519,721$80,270,496
71$139,225,536$48,932,032$35,619,931$86,786,608
72$153,368,570$51,271,732$36,755,229$93,894,681
73$168,952,368$53,724,250$37,926,733$101,651,824
74$186,123,830$56,295,058$39,135,598$110,120,824
75$205,044,838$58,989,893$40,383,018$119,370,712
76$225,893,784$61,814,771$41,670,222$129,477,396
77$248,867,256$64,776,001$42,998,480$140,524,352
78$274,181,889$67,880,198$44,369,103$152,603,390
79$302,076,416$71,134,302$45,783,442$165,815,496
80$332,813,915$74,545,587$47,242,892$180,271,755
81$366,684,300$78,121,686$48,748,893$196,094,376
82$404,007,049$81,870,599$50,302,932$213,417,816
83$445,134,228$85,800,719$51,906,541$232,390,017
84$490,453,812$89,920,847$53,561,302$253,173,771
85$540,393,344$94,240,211$55,268,849$275,948,227
86$595,423,975$98,768,491$57,030,865$300,910,543
87$656,064,911$103,515,838$58,849,090$328,277,711
88$722,888,315$108,492,898$60,725,318$358,288,570
89$796,524,707$113,710,834$62,661,400$391,206,021
90$877,668,917$119,181,355$64,659,247$427,319,460
91$967,086,646$124,916,740$66,720,831$466,947,477
92$1,065,621,691$130,929,867$68,848,186$510,440,805
93$1,174,203,915$137,234,242$71,043,411$558,185,594
94$1,293,858,023$143,844,029$73,308,675$610,606,999
95$1,425,713,238$150,774,083$75,646,212$668,173,143
96$1,571,013,958$158,039,983$78,058,330$731,399,480
97$1,731,131,508$165,658,068$80,547,410$800,853,602
98$1,907,577,083$173,645,475$83,115,909$877,160,541
99$2,102,016,016$182,020,174$85,766,363$961,008,599
100$2,316,283,502$190,801,014$88,501,388$1,053,155,785