Can I retire at age 51 with 18,800,000?

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 $18,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,467,670
2 years$768,558$754,244$740,372$726,922$713,875$682,320
3 years$507,282$492,907$479,070$465,746$452,912$422,254
4 years$376,670$362,339$348,640$335,544$323,021$293,496
5 years$298,323$284,078$270,559$257,730$245,555$217,248
6 years$246,109$231,971$218,652$206,108$194,299$167,239
7 years$208,828$194,809$181,701$169,453$158,017$132,210
8 years$180,880$166,987$154,097$142,150$131,091$106,528
9 years$159,154$145,392$132,723$121,080$110,397$87,063
10 years$141,783$128,156$115,711$104,372$94,064$71,934
11 years$127,580$114,090$101,870$90,835$80,898$59,944
12 years$115,753$102,401$90,407$79,675$70,105$50,295
13 years$105,753$92,541$80,773$70,341$61,133$42,434
14 years$97,189$84,117$72,575$62,441$53,589$35,963
15 years$89,773$76,842$65,525$55,686$47,184$30,594
16 years$83,291$70,501$59,408$49,861$41,701$26,108
17 years$77,577$64,929$54,059$44,800$36,975$22,337
18 years$72,504$59,997$49,349$40,373$32,876$19,154
19 years$67,971$55,605$45,177$36,481$29,303$16,454
20 years$63,895$51,671$41,461$33,040$26,174$14,158
21 years$60,213$48,129$38,136$29,986$23,423$12,198
22 years$56,870$44,927$35,148$27,264$20,996$10,522
23 years$53,822$42,019$32,453$24,830$18,847$9,085
24 years$51,032$39,369$30,014$22,647$16,940$7,851
25 years$48,469$36,946$27,799$20,682$15,243$6,789
26 years$46,108$34,723$25,782$18,911$13,731$5,875
27 years$43,925$32,679$23,941$17,309$12,379$5,087
28 years$41,901$30,793$22,256$15,859$11,170$4,406
29 years$40,021$29,050$20,711$14,543$10,086$3,818
30 years$38,269$27,434$19,292$13,347$9,114$3,310
31 years$36,633$25,935$17,985$12,258$8,240$2,870
32 years$35,103$24,539$16,780$11,266$7,453$2,489
33 years$33,668$23,239$15,668$10,360$6,745$2,159
34 years$32,321$22,026$14,639$9,532$6,107$1,874
35 years$31,053$20,891$13,687$8,775$5,531$1,626
36 years$29,859$19,828$12,804$8,081$5,012$1,411
37 years$28,732$18,833$11,984$7,446$4,542$1,225
38 years$27,666$17,898$11,222$6,863$4,118$1,064
39 years$26,658$17,019$10,514$6,328$3,734$924
40 years$25,703$16,192$9,855$5,837$3,387$802
41 years$24,796$15,413$9,241$5,385$3,073$696
42 years$23,935$14,679$8,668$4,970$2,788$605
43 years$23,116$13,986$8,134$4,588$2,531$525
44 years$22,337$13,332$7,635$4,236$2,297$456
45 years$21,594$12,713$7,169$3,912$2,085$396
46 years$20,886$12,128$6,733$3,614$1,893$344
47 years$20,210$11,574$6,326$3,338$1,719$299
48 years$19,564$11,049$5,945$3,085$1,561$260
49 years$18,946$10,551$5,588$2,851$1,418$226
50 years$18,355$10,079$5,253$2,635$1,288$196

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,800,000, adding $6,413 every year, while hoping to spend $53,118 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: 47/48/5 Blend
50$18,800,000$18,800,000$18,800,000$18,800,000
51$20,724,215$19,727,815$19,436,415$21,671,142
52$22,781,568$20,637,961$20,031,018$23,230,347
53$25,046,990$21,590,923$20,643,759$24,915,330
54$27,541,649$22,588,745$21,275,192$26,742,600
55$30,288,870$23,633,565$21,925,882$28,725,346
56$33,314,353$24,727,628$22,596,418$30,878,040
57$36,646,419$25,873,285$23,287,400$33,216,566
58$40,316,278$27,072,999$23,999,452$35,758,360
59$44,358,317$28,329,356$24,733,213$38,522,568
60$48,810,433$29,645,062$25,489,343$41,530,216
61$53,714,383$31,022,955$26,268,522$44,804,396
62$59,116,182$32,466,012$27,071,450$48,370,476
63$65,066,538$33,977,352$27,898,848$52,256,326
64$71,621,325$35,560,242$28,751,460$56,492,571
65$78,842,118$37,218,112$29,630,051$61,112,869
66$86,796,767$38,954,553$30,535,411$66,154,212
67$95,560,042$40,773,331$31,468,352$71,657,265
68$105,214,337$42,678,394$32,429,712$77,666,733
69$115,850,445$44,673,881$33,420,354$84,231,772
70$127,568,420$46,764,131$34,441,165$91,406,434
71$140,478,517$48,953,692$35,493,063$99,250,161
72$154,702,235$51,247,332$36,576,989$107,828,334
73$170,373,462$53,650,050$37,693,917$117,212,865
74$187,639,739$56,167,087$38,844,848$127,482,863
75$206,663,655$58,803,936$40,030,812$138,725,359
76$227,624,376$61,566,358$41,252,873$151,036,105
77$250,719,344$64,460,390$42,512,126$164,520,462
78$276,166,133$67,492,365$43,809,697$179,294,366
79$304,204,506$70,668,919$45,146,750$195,485,404
80$335,098,681$73,997,011$46,524,482$213,233,989
81$369,139,819$77,483,937$47,944,124$232,694,663
82$406,648,777$81,137,347$49,406,949$254,037,529
83$447,979,135$84,965,259$50,914,264$277,449,826
84$493,520,533$88,976,083$52,467,418$303,137,667
85$543,702,350$93,178,634$54,067,800$331,327,957
86$598,997,759$97,582,156$55,716,840$362,270,499
87$659,928,189$102,196,340$57,416,013$396,240,318
88$727,068,252$107,031,348$59,166,836$433,540,225
89$801,051,163$112,097,834$60,970,875$474,503,633
90$882,574,723$117,406,970$62,829,741$519,497,668
91$972,407,902$122,970,468$64,745,094$568,926,596
92$1,071,398,096$128,800,609$66,718,643$623,235,590
93$1,180,479,135$134,910,273$68,752,151$682,914,893
94$1,300,680,091$141,312,960$70,847,432$748,504,395
95$1,433,134,995$148,022,830$73,006,356$820,598,683
96$1,579,093,544$155,054,727$75,230,848$899,852,599
97$1,739,932,896$162,424,219$77,522,892$986,987,371
98$1,917,170,673$170,147,629$79,884,531$1,082,797,360
99$2,112,479,290$178,242,071$82,317,871$1,188,157,504
100$2,327,701,738$186,725,492$84,825,080$1,304,031,510