Can I retire at age 51 with 19,000,000?

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 $19,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,569,002$1,555,026$1,541,391$1,528,082$1,515,087$1,499,264
2 years$776,734$762,268$748,248$734,655$721,470$705,536
3 years$512,679$498,150$484,166$470,701$457,730$442,179
4 years$380,677$366,193$352,349$339,113$326,457$311,409
5 years$301,497$287,100$273,437$260,471$248,167$233,666
6 years$248,727$234,439$220,978$208,301$196,366$182,430
7 years$211,050$196,881$183,634$171,256$159,698$146,333
8 years$182,804$168,764$155,736$143,662$132,485$119,690
9 years$160,847$146,939$134,135$122,368$111,572$99,341
10 years$143,292$129,520$116,942$105,483$95,065$83,392
11 years$128,937$115,304$102,954$91,802$81,759$70,634
12 years$116,984$103,490$91,369$80,522$70,850$60,262
13 years$106,878$93,525$81,632$71,089$61,783$51,718
14 years$98,223$85,012$73,347$63,105$54,159$44,604
15 years$90,728$77,660$66,222$56,279$47,686$38,627
16 years$84,177$71,251$60,040$50,391$42,145$33,566
17 years$78,403$65,620$54,634$45,276$37,368$29,254
18 years$73,276$60,636$49,874$40,803$33,226$25,561
19 years$68,694$56,197$45,657$36,869$29,615$22,381
20 years$64,575$52,221$41,902$33,392$26,453$19,634
21 years$60,853$48,641$38,542$30,305$23,672$17,252
22 years$57,475$45,405$35,522$27,554$21,219$15,179
23 years$54,394$42,466$32,798$25,094$19,047$13,373
24 years$51,575$39,788$30,333$22,888$17,120$11,793
25 years$48,985$37,339$28,094$20,902$15,406$10,410
26 years$46,598$35,093$26,056$19,112$13,877$9,197
27 years$44,392$33,026$24,195$17,494$12,511$8,130
28 years$42,347$31,121$22,493$16,028$11,289$7,192
29 years$40,446$29,359$20,931$14,698$10,194$6,366
30 years$38,676$27,726$19,497$13,489$9,211$5,637
31 years$37,023$26,211$18,176$12,389$8,327$4,994
32 years$35,476$24,800$16,959$11,385$7,533$4,426
33 years$34,026$23,486$15,835$10,470$6,817$3,924
34 years$32,665$22,260$14,795$9,633$6,172$3,480
35 years$31,384$21,113$13,832$8,868$5,590$3,087
36 years$30,176$20,039$12,940$8,167$5,065$2,739
37 years$29,037$19,033$12,111$7,525$4,591$2,431
38 years$27,961$18,088$11,342$6,936$4,162$2,158
39 years$26,942$17,200$10,626$6,395$3,774$1,915
40 years$25,976$16,364$9,960$5,899$3,423$1,701
41 years$25,060$15,577$9,339$5,442$3,106$1,510
42 years$24,190$14,835$8,760$5,023$2,818$1,341
43 years$23,362$14,135$8,220$4,636$2,558$1,191
44 years$22,575$13,474$7,716$4,281$2,321$1,058
45 years$21,824$12,848$7,245$3,954$2,107$940
46 years$21,108$12,257$6,805$3,652$1,913$835
47 years$20,425$11,697$6,393$3,374$1,738$742
48 years$19,772$11,166$6,008$3,118$1,578$659
49 years$19,148$10,663$5,647$2,881$1,433$586
50 years$18,551$10,186$5,309$2,663$1,302$520

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $19,000,000, adding $5,874 every year, while hoping to spend $54,121 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: 33/49/18 Blend
50$19,000,000$19,000,000$19,000,000$19,000,000
51$20,944,059$19,937,059$19,642,559$21,518,084
52$23,022,769$20,856,391$20,243,000$22,862,327
53$25,311,693$21,818,956$20,861,743$24,304,705
54$27,832,216$22,826,815$21,499,342$25,858,100
55$30,607,903$23,882,130$22,156,371$27,532,299
56$33,664,719$24,987,164$22,833,419$29,338,018
57$37,031,277$26,144,292$23,531,095$31,286,995
58$40,739,106$27,356,000$24,250,025$33,392,091
59$44,822,948$28,624,898$24,990,854$35,667,403
60$49,321,088$29,953,717$25,754,247$38,128,381
61$54,275,714$31,345,324$26,540,890$40,791,967
62$59,733,314$32,802,722$27,351,487$43,676,743
63$65,745,116$34,329,059$28,186,765$46,803,092
64$72,367,570$35,927,635$29,047,474$50,193,378
65$79,662,882$37,601,910$29,934,385$53,872,145
66$87,699,602$39,355,509$30,848,292$57,866,333
67$96,553,267$41,192,235$31,790,016$62,205,519
68$106,307,117$43,116,072$32,760,398$66,922,180
69$117,052,881$45,131,197$33,760,310$72,051,983
70$128,891,640$47,241,990$34,790,645$77,634,103
71$141,934,782$49,453,043$35,852,326$83,711,582
72$156,305,054$51,769,166$36,946,304$90,331,707
73$172,137,722$54,195,408$38,073,557$97,546,445
74$189,581,842$56,737,055$39,235,094$105,412,908
75$208,801,674$59,399,655$40,431,953$113,993,876
76$229,978,227$62,189,021$41,665,206$123,358,361
77$253,310,970$65,111,247$42,935,955$133,582,240
78$279,019,715$68,172,723$44,245,335$144,748,946
79$307,346,688$71,380,149$45,594,516$156,950,229
80$338,558,823$74,740,548$46,984,704$170,286,997
81$372,950,272$78,261,285$48,417,141$184,870,236
82$410,845,190$81,950,078$49,893,106$200,822,037
83$452,600,791$85,815,023$51,413,916$218,276,708
84$498,610,718$89,864,606$52,980,929$237,382,018
85$549,308,765$94,107,725$54,595,544$258,300,554
86$605,172,964$98,553,709$56,259,200$281,211,221
87$666,730,106$103,212,340$57,973,382$306,310,894
88$734,560,704$108,093,873$59,739,618$333,816,241
89$809,304,484$113,209,060$61,559,483$363,965,724
90$891,666,415$118,569,178$63,434,600$397,021,810
91$982,423,369$124,186,047$65,366,638$433,273,403
92$1,082,431,451$130,072,062$67,357,319$473,038,527
93$1,192,634,086$136,240,220$69,408,417$516,667,277
94$1,314,070,921$142,704,149$71,521,757$564,545,078
95$1,447,887,640$149,478,137$73,699,220$617,096,262
96$1,595,346,781$156,577,168$75,942,746$674,788,027
97$1,757,839,655$164,016,951$78,254,330$738,134,785
98$1,936,899,478$171,813,959$80,636,028$807,702,954
99$2,134,215,848$179,985,467$83,089,959$884,116,248
100$2,351,650,696$188,549,586$85,618,303$968,061,492