Can I retire at age 51 with 18,600,000?

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 $18,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,446,161
2 years$760,381$746,220$732,495$719,188$706,281$669,209
3 years$501,886$487,663$473,973$460,791$448,094$412,138
4 years$372,663$358,484$344,931$331,974$319,584$285,022
5 years$295,150$281,056$267,681$254,988$242,943$209,870
6 years$243,491$229,503$216,326$203,916$192,232$160,682
7 years$206,606$192,736$179,768$167,650$156,336$126,311
8 years$178,956$165,211$152,457$140,638$129,696$101,183
9 years$157,461$143,846$131,311$119,792$109,223$82,198
10 years$140,275$126,793$114,480$103,262$93,063$67,495
11 years$126,223$112,876$100,787$89,869$80,038$55,889
12 years$114,521$101,312$89,446$78,827$69,359$46,588
13 years$104,628$91,556$79,914$69,593$60,482$39,044
14 years$96,155$83,222$71,803$61,776$53,018$32,865
15 years$88,818$76,025$64,828$55,094$46,682$27,764
16 years$82,405$69,751$58,776$49,330$41,257$23,525
17 years$76,752$64,238$53,484$44,323$36,582$19,983
18 years$71,733$59,359$48,824$39,944$32,527$17,009
19 years$67,248$55,013$44,696$36,093$28,992$14,504
20 years$63,216$51,121$41,020$32,689$25,896$12,385
21 years$59,572$47,617$37,730$29,667$23,174$10,590
22 years$56,265$44,449$34,774$26,974$20,772$9,064
23 years$53,249$41,572$32,108$24,566$18,646$7,765
24 years$50,489$38,951$29,694$22,406$16,760$6,658
25 years$47,954$36,553$27,503$20,462$15,081$5,712
26 years$45,617$34,354$25,508$18,710$13,585$4,903
27 years$43,457$32,331$23,686$17,125$12,248$4,211
28 years$41,455$30,466$22,019$15,690$11,051$3,618
29 years$39,595$28,741$20,491$14,388$9,979$3,109
30 years$37,862$27,143$19,086$13,205$9,017$2,673
31 years$36,243$25,659$17,794$12,128$8,152$2,299
32 years$34,729$24,278$16,602$11,146$7,374$1,977
33 years$33,310$22,992$15,501$10,249$6,673$1,701
34 years$31,977$21,791$14,483$9,430$6,042$1,464
35 years$30,723$20,669$13,541$8,681$5,473$1,260
36 years$29,541$19,618$12,667$7,995$4,958$1,084
37 years$28,426$18,632$11,856$7,366$4,494$933
38 years$27,372$17,707$11,103$6,790$4,074$803
39 years$26,374$16,838$10,402$6,261$3,695$692
40 years$25,429$16,020$9,750$5,774$3,351$595
41 years$24,532$15,249$9,142$5,328$3,040$513
42 years$23,681$14,523$8,576$4,917$2,759$441
43 years$22,871$13,837$8,047$4,539$2,504$380
44 years$22,099$13,190$7,554$4,191$2,273$327
45 years$21,365$12,578$7,093$3,870$2,063$282
46 years$20,664$11,999$6,662$3,575$1,873$243
47 years$19,995$11,450$6,259$3,303$1,701$209
48 years$19,356$10,931$5,881$3,052$1,545$180
49 years$18,745$10,439$5,528$2,821$1,403$155
50 years$18,160$9,971$5,197$2,607$1,274$134

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,600,000, adding $3,810 every year, while hoping to spend $38,277 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: 80/10/10 Blend
50$18,600,000$18,600,000$18,600,000$18,600,000
51$20,501,130$19,515,330$19,227,030$22,107,715
52$22,551,519$20,430,855$19,830,409$24,077,748
53$24,809,764$21,389,957$20,452,718$26,233,658
54$27,297,028$22,394,733$21,094,552$28,598,283
55$30,036,627$23,447,377$21,756,522$31,192,473
56$33,054,257$24,550,193$22,439,260$34,039,189
57$36,378,234$25,705,594$23,143,417$37,163,713
58$40,039,758$26,916,113$23,869,666$40,593,888
59$44,073,212$28,184,401$24,618,698$44,360,376
60$48,516,484$29,513,241$25,391,229$48,496,945
61$53,411,326$30,905,551$26,187,996$53,040,784
62$58,803,746$32,364,388$27,009,759$58,032,856
63$64,744,444$33,892,958$27,857,301$63,518,272
64$71,289,288$35,494,624$28,731,432$69,546,725
65$78,499,845$37,172,910$29,632,984$76,172,947
66$86,443,959$38,931,512$30,562,819$83,457,226
67$95,196,392$40,774,306$31,521,823$91,465,971
68$104,839,531$42,705,353$32,510,910$100,272,335
69$115,464,162$44,728,915$33,531,025$109,956,900
70$127,170,332$46,849,458$34,583,140$120,608,436
71$140,068,290$49,071,665$35,668,259$132,324,733
72$154,279,527$51,400,448$36,787,417$145,213,522
73$169,937,924$53,840,955$37,941,681$159,393,482
74$187,191,018$56,398,587$39,132,153$174,995,361
75$206,201,389$59,079,005$40,359,967$192,163,202
76$227,148,199$61,888,145$41,626,295$211,055,700
77$250,228,884$64,832,233$42,932,344$231,847,689
78$275,661,013$67,917,795$44,279,361$254,731,794
79$303,684,346$71,151,677$45,668,629$279,920,237
80$334,563,095$74,541,054$47,101,474$307,646,839
81$368,588,419$78,093,455$48,579,261$338,169,216
82$406,081,173$81,816,769$50,103,402$371,771,206
83$447,394,935$85,719,273$51,675,348$408,765,544
84$492,919,345$89,809,644$53,296,599$449,496,802
85$543,083,784$94,096,982$54,968,700$494,344,636
86$598,361,426$98,590,830$56,693,248$543,727,362
87$659,273,705$103,301,194$58,471,885$598,105,897
88$726,395,237$108,238,567$60,306,308$657,988,100
89$800,359,248$113,413,954$62,198,266$723,933,556
90$881,863,546$118,838,892$64,149,563$796,558,851
91$971,677,114$124,525,484$66,162,059$876,543,382
92$1,070,647,366$130,486,419$68,237,674$964,635,759
93$1,179,708,148$136,735,004$70,378,387$1,061,660,862
94$1,299,888,554$143,285,194$72,586,238$1,168,527,616
95$1,432,322,642$150,151,625$74,863,332$1,286,237,558
96$1,578,260,139$157,349,642$77,211,841$1,415,894,283
97$1,739,078,239$164,895,340$79,634,004$1,558,713,846
98$1,916,294,606$172,805,598$82,132,129$1,716,036,227
99$2,111,581,699$181,098,116$84,708,599$1,889,337,972
100$2,326,782,565$189,791,456$87,365,870$2,080,246,110