Can I retire at age 51 with 18,900,000?

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 $18,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,485,817
2 years$772,646$758,256$744,310$730,788$717,673$696,259
3 years$509,981$495,529$481,618$468,223$455,321$434,455
4 years$378,674$364,266$350,494$337,328$324,739$304,581
5 years$299,910$285,589$271,998$259,101$246,861$227,470
6 years$247,418$233,205$219,815$207,205$195,333$176,732
7 years$209,939$195,845$182,667$170,354$158,858$141,053
8 years$181,842$167,875$154,916$142,906$131,788$114,777
9 years$160,000$146,166$133,429$121,724$110,985$94,759
10 years$142,537$128,838$116,327$104,928$94,564$79,113
11 years$128,259$114,697$102,412$91,318$81,329$66,635
12 years$116,368$102,946$90,888$80,099$70,478$56,526
13 years$106,315$93,033$81,203$70,715$61,458$48,228
14 years$97,706$84,564$72,961$62,773$53,874$41,346
15 years$90,251$77,251$65,874$55,982$47,435$35,587
16 years$83,734$70,876$59,724$50,126$41,923$30,733
17 years$77,990$65,274$54,347$45,038$37,172$26,616
18 years$72,890$60,317$49,612$40,588$33,051$23,106
19 years$68,332$55,901$45,417$36,675$29,459$20,100
20 years$64,235$51,946$41,681$33,216$26,314$17,516
21 years$60,533$48,385$38,339$30,146$23,548$15,287
22 years$57,172$45,166$35,335$27,409$21,107$13,359
23 years$54,108$42,243$32,626$24,962$18,947$11,688
24 years$51,303$39,579$30,173$22,767$17,030$10,236
25 years$48,727$37,143$27,947$20,792$15,324$8,972
26 years$46,353$34,908$25,919$19,011$13,804$7,870
27 years$44,158$32,853$24,068$17,402$12,445$6,908
28 years$42,124$30,957$22,374$15,944$11,230$6,067
29 years$40,233$29,204$20,821$14,621$10,140$5,330
30 years$38,472$27,580$19,394$13,418$9,162$4,686
31 years$36,828$26,073$18,081$12,323$8,283$4,121
32 years$35,289$24,670$16,870$11,326$7,493$3,625
33 years$33,847$23,363$15,751$10,415$6,781$3,190
34 years$32,493$22,143$14,717$9,582$6,140$2,807
35 years$31,218$21,002$13,759$8,821$5,561$2,472
36 years$30,018$19,934$12,872$8,124$5,038$2,176
37 years$28,884$18,933$12,048$7,485$4,566$1,917
38 years$27,813$17,993$11,282$6,899$4,140$1,688
39 years$26,800$17,109$10,570$6,362$3,754$1,487
40 years$25,839$16,278$9,907$5,868$3,405$1,310
41 years$24,928$15,495$9,290$5,414$3,089$1,155
42 years$24,062$14,757$8,714$4,996$2,803$1,018
43 years$23,239$14,061$8,177$4,612$2,544$897
44 years$22,456$13,403$7,676$4,258$2,309$790
45 years$21,709$12,781$7,207$3,933$2,096$697
46 years$20,997$12,192$6,769$3,633$1,903$614
47 years$20,318$11,635$6,360$3,356$1,728$541
48 years$19,668$11,107$5,976$3,101$1,570$477
49 years$19,047$10,607$5,617$2,866$1,426$421
50 years$18,453$10,132$5,281$2,649$1,295$371

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,900,000, adding $5,223 every year, while hoping to spend $21,512 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: 33/47/20 Blend
50$18,900,000$18,900,000$18,900,000$18,900,000
51$20,833,188$19,831,488$19,538,538$21,391,989
52$22,935,284$20,780,342$20,170,190$22,756,606
53$25,251,073$21,774,969$20,822,282$24,223,981
54$27,802,330$22,817,589$21,495,475$25,805,010
55$30,613,047$23,910,531$22,190,453$27,509,708
56$33,709,666$25,056,235$22,907,921$29,349,042
57$37,121,324$26,257,262$23,648,609$31,335,020
58$40,880,129$27,516,298$24,413,267$33,480,798
59$45,021,464$28,836,159$25,202,673$35,800,792
60$49,584,319$30,219,796$26,017,629$38,310,803
61$54,611,661$31,670,308$26,858,961$41,028,154
62$60,150,840$33,190,942$27,727,525$43,971,842
63$66,254,031$34,785,104$28,624,203$47,162,704
64$72,978,733$36,456,365$29,549,905$50,623,598
65$80,388,310$38,208,473$30,505,572$54,379,609
66$88,552,584$40,045,354$31,492,175$58,458,266
67$97,548,500$41,971,130$32,510,716$62,889,789
68$107,460,853$43,990,120$33,562,231$67,707,359
69$118,383,081$46,106,857$34,647,786$72,947,411
70$130,418,155$48,326,093$35,768,487$78,649,962
71$143,679,546$50,652,811$36,925,471$84,858,969
72$158,292,299$53,092,238$38,119,914$91,622,728
73$174,394,213$55,649,857$39,353,030$98,994,303
74$192,137,139$58,331,417$40,626,073$107,032,010
75$211,688,417$61,142,946$41,940,336$115,799,945
76$233,232,454$64,090,769$43,297,156$125,368,562
77$256,972,465$67,181,517$44,697,911$135,815,318
78$283,132,391$70,422,146$46,144,026$147,225,376
79$311,959,016$73,819,952$47,636,971$159,692,381
80$343,724,290$77,382,584$49,178,265$173,319,316
81$378,727,904$81,118,067$50,769,473$188,219,447
82$417,300,114$85,034,817$52,412,215$204,517,359
83$459,804,862$89,141,659$54,108,160$222,350,100
84$506,643,208$93,447,851$55,859,033$241,868,439
85$558,257,121$97,963,100$57,666,616$263,238,259
86$615,133,646$102,697,591$59,532,747$286,642,079
87$677,809,507$107,662,002$61,459,323$312,280,740
88$746,876,171$112,867,535$63,448,305$340,375,265
89$822,985,433$118,325,937$65,501,715$371,168,895
90$906,855,568$124,049,529$67,621,644$404,929,344
91$999,278,114$130,051,234$69,810,247$441,951,280
92$1,101,125,343$136,344,605$72,069,752$482,559,057
93$1,213,358,497$142,943,860$74,402,457$527,109,724
94$1,337,036,861$149,863,906$76,810,736$575,996,343
95$1,473,327,765$157,120,382$79,297,041$629,651,641
96$1,623,517,606$164,729,689$81,863,900$688,552,039
97$1,789,023,988$172,709,031$84,513,928$753,222,084
98$1,971,409,111$181,076,449$87,249,820$824,239,339
99$2,172,394,513$189,850,868$90,074,362$902,239,765
100$2,393,877,329$199,052,136$92,990,428$987,923,655