Can I retire at age 51 with 18,700,000?

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 $18,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$1,544,229$1,530,473$1,517,053$1,503,955$1,491,164$1,471,311
2 years$764,470$750,232$736,434$723,055$710,078$690,108
3 years$504,584$490,285$476,521$463,268$450,503$431,037
4 years$374,667$360,411$346,785$333,759$321,302$302,490
5 years$296,736$282,567$269,120$256,359$244,249$226,145
6 years$244,800$230,737$217,489$205,012$193,266$175,892
7 years$207,717$193,773$180,734$168,552$157,177$140,540
8 years$179,918$166,099$153,277$141,394$130,393$114,491
9 years$158,307$144,619$132,017$120,436$109,810$94,635
10 years$141,029$127,475$115,096$103,817$93,564$79,105
11 years$126,902$113,483$101,328$90,352$80,468$66,712
12 years$115,137$101,856$89,926$79,251$69,732$56,663
13 years$105,190$92,048$80,343$69,967$60,807$48,409
14 years$96,672$83,669$72,189$62,109$53,303$41,556
15 years$89,296$76,434$65,177$55,390$46,933$35,817
16 years$82,848$70,126$59,092$49,596$41,479$30,974
17 years$77,165$64,584$53,772$44,561$36,778$26,863
18 years$72,119$59,678$49,087$40,159$32,702$23,354
19 years$67,609$55,309$44,936$36,287$29,148$20,345
20 years$63,555$51,396$41,240$32,865$26,035$17,756
21 years$59,893$47,873$37,933$29,827$23,299$15,520
22 years$56,567$44,688$34,961$27,119$20,884$13,584
23 years$53,535$41,796$32,281$24,698$18,747$11,903
24 years$50,760$39,160$29,854$22,526$16,850$10,440
25 years$48,211$36,750$27,651$20,572$15,162$9,165
26 years$45,862$34,539$25,645$18,810$13,658$8,052
27 years$43,691$32,505$23,813$17,217$12,314$7,079
28 years$41,678$30,629$22,138$15,775$11,111$6,227
29 years$39,808$28,895$20,601$14,466$10,033$5,480
30 years$38,065$27,288$19,189$13,276$9,065$4,826
31 years$36,438$25,797$17,889$12,193$8,196$4,251
32 years$34,916$24,409$16,691$11,206$7,414$3,745
33 years$33,489$23,116$15,585$10,305$6,709$3,301
34 years$32,149$21,908$14,561$9,481$6,075$2,910
35 years$30,888$20,780$13,614$8,728$5,502$2,567
36 years$29,700$19,723$12,735$8,038$4,985$2,264
37 years$28,579$18,732$11,920$7,406$4,518$1,997
38 years$27,519$17,802$11,163$6,826$4,096$1,762
39 years$26,516$16,928$10,458$6,294$3,714$1,555
40 years$25,566$16,106$9,802$5,806$3,369$1,372
41 years$24,664$15,331$9,192$5,356$3,057$1,211
42 years$23,808$14,601$8,622$4,943$2,774$1,069
43 years$22,993$13,912$8,091$4,563$2,517$944
44 years$22,218$13,261$7,594$4,213$2,285$833
45 years$21,480$12,645$7,131$3,891$2,074$736
46 years$20,775$12,063$6,698$3,594$1,883$650
47 years$20,103$11,512$6,292$3,321$1,710$574
48 years$19,460$10,990$5,913$3,068$1,553$507
49 years$18,846$10,495$5,558$2,836$1,410$448
50 years$18,258$10,025$5,225$2,621$1,281$395

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,700,000, adding $6,128 every year, while hoping to spend $48,366 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: 52/38/10 Blend
50$18,700,000$18,700,000$18,700,000$18,700,000
51$20,613,721$19,622,621$19,332,771$21,632,024
52$22,664,860$20,532,668$19,928,958$23,236,121
53$24,923,593$21,485,687$20,543,496$24,973,992
54$27,411,045$22,483,732$21,176,949$26,862,835
55$30,150,493$23,528,956$21,829,898$28,916,907
56$33,167,586$24,623,616$22,502,941$31,151,868
57$36,490,586$25,770,080$23,196,697$33,584,921
58$40,150,640$26,970,828$23,911,800$36,234,968
59$44,182,066$28,228,460$24,648,907$39,122,781
60$48,622,685$29,545,702$25,408,692$42,271,186
61$53,514,168$30,925,411$26,191,853$45,705,277
62$58,902,440$32,370,583$26,999,107$49,452,638
63$64,838,105$33,884,358$27,831,194$53,543,594
64$71,376,929$35,470,028$28,688,875$58,011,494
65$78,580,360$37,131,044$29,572,937$62,893,006
66$86,516,115$38,871,024$30,484,189$68,228,462
67$95,258,814$40,693,760$31,423,465$74,062,219
68$104,890,688$42,603,229$32,391,626$80,443,074
69$115,502,351$44,603,599$33,389,557$87,424,705
70$127,193,656$46,699,241$34,418,173$95,066,169
71$140,074,642$48,894,737$35,478,415$103,432,446
72$154,266,566$51,194,890$36,571,253$112,595,037
73$169,903,053$53,604,736$37,697,686$122,632,625
74$187,131,351$56,129,555$38,858,746$133,631,801
75$206,113,730$58,774,884$40,055,494$145,687,869
76$227,029,002$61,546,525$41,289,025$158,905,722
77$250,074,220$64,450,565$42,560,468$173,400,821
78$275,466,531$67,493,383$43,870,983$189,300,265
79$303,445,226$70,681,668$45,221,770$206,743,967
80$334,274,003$74,022,434$46,614,064$225,885,960
81$368,243,453$77,523,034$48,049,136$246,895,827
82$405,673,801$81,191,179$49,528,299$269,960,280
83$446,917,935$85,034,953$51,052,903$295,284,900
84$492,364,731$89,062,832$52,624,342$323,096,052
85$542,442,727$93,283,705$54,244,051$353,642,995
86$597,624,168$97,706,888$55,913,509$387,200,214
87$658,429,462$102,342,155$57,634,240$424,069,977
88$725,432,097$107,199,750$59,407,817$464,585,160
89$799,264,049$112,290,417$61,235,858$509,112,363
90$880,621,754$117,625,419$63,120,031$558,055,333
91$970,272,677$123,216,569$65,062,056$611,858,746
92$1,069,062,561$129,076,251$67,063,705$671,012,365
93$1,177,923,408$135,217,453$69,126,805$736,055,633
94$1,297,882,280$141,653,793$71,253,237$807,582,719
95$1,430,070,993$148,399,549$73,444,942$886,248,093
96$1,575,736,804$155,469,697$75,703,917$972,772,658
97$1,736,254,183$162,879,937$78,032,223$1,067,950,513
98$1,913,137,789$170,646,733$80,431,982$1,172,656,401
99$2,108,056,772$178,787,352$82,905,382$1,287,853,921
100$2,322,850,528$187,319,897$85,454,677$1,414,604,570