Can I retire at age 51 with 19,100,000?

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 $19,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$1,577,260$1,563,211$1,549,504$1,536,125$1,523,061$1,482,633
2 years$780,822$766,280$752,186$738,521$725,267$684,819
3 years$515,377$500,772$486,714$473,178$460,139$420,937
4 years$382,681$368,121$354,203$340,898$328,175$290,519
5 years$303,084$288,611$274,876$261,842$249,474$213,468
6 years$250,036$235,673$222,141$209,397$197,400$163,080
7 years$212,160$197,918$184,600$172,157$160,539$127,906
8 years$183,766$169,652$156,556$144,418$133,183$102,221
9 years$161,694$147,712$134,841$123,012$112,159$82,841
10 years$144,046$130,201$117,558$106,038$95,565$67,854
11 years$129,616$115,911$103,496$92,285$82,189$56,042
12 years$117,600$104,035$91,850$80,946$71,223$46,593
13 years$107,440$94,017$82,062$71,463$62,108$38,944
14 years$98,740$85,459$73,733$63,437$54,444$32,691
15 years$91,206$78,068$66,571$56,575$47,936$27,540
16 years$84,620$71,626$60,356$50,657$42,366$23,268
17 years$78,815$65,965$54,922$45,515$37,565$19,707
18 years$73,661$60,955$50,137$41,018$33,401$16,725
19 years$69,055$56,492$45,898$37,063$29,771$14,219
20 years$64,915$52,495$42,123$33,568$26,592$12,105
21 years$61,174$48,897$38,745$30,465$23,797$10,318
22 years$57,777$45,644$35,709$27,700$21,331$8,804
23 years$54,681$42,690$32,971$25,226$19,148$7,519
24 years$51,846$39,998$30,493$23,008$17,210$6,426
25 years$49,243$37,536$28,242$21,012$15,487$5,496
26 years$46,843$35,278$26,193$19,213$13,950$4,702
27 years$44,626$33,200$24,323$17,586$12,577$4,025
28 years$42,570$31,284$22,611$16,112$11,348$3,447
29 years$40,659$29,513$21,042$14,775$10,247$2,953
30 years$38,879$27,872$19,600$13,560$9,259$2,531
31 years$37,218$26,348$18,272$12,454$8,371$2,169
32 years$35,663$24,931$17,048$11,445$7,572$1,859
33 years$34,205$23,610$15,918$10,525$6,853$1,594
34 years$32,836$22,377$14,873$9,684$6,205$1,367
35 years$31,549$21,224$13,905$8,915$5,620$1,173
36 years$30,335$20,145$13,008$8,210$5,092$1,006
37 years$29,190$19,133$12,175$7,564$4,615$863
38 years$28,108$18,183$11,401$6,972$4,184$740
39 years$27,083$17,290$10,682$6,429$3,794$635
40 years$26,113$16,450$10,012$5,930$3,441$545
41 years$25,192$15,659$9,388$5,471$3,122$468
42 years$24,317$14,913$8,806$5,049$2,833$401
43 years$23,485$14,209$8,264$4,661$2,571$344
44 years$22,694$13,545$7,757$4,303$2,334$296
45 years$21,939$12,916$7,283$3,974$2,119$254
46 years$21,220$12,321$6,841$3,671$1,924$218
47 years$20,533$11,758$6,427$3,392$1,747$187
48 years$19,876$11,225$6,039$3,134$1,586$160
49 years$19,249$10,719$5,677$2,896$1,441$138
50 years$18,648$10,239$5,337$2,677$1,309$118

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $19,100,000, adding $5,673 every year, while hoping to spend $44,812 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: 79/6/15 Blend
50$19,100,000$19,100,000$19,100,000$19,100,000
51$21,054,052$20,041,752$19,745,702$22,651,223
52$23,153,885$20,976,118$20,359,503$24,638,000
53$25,466,400$21,954,766$20,992,365$26,811,068
54$28,013,242$22,979,819$21,644,878$29,194,107
55$30,818,264$24,053,501$22,317,653$31,808,119
56$33,907,750$25,178,146$23,011,317$34,676,230
57$37,310,663$26,356,198$23,726,519$37,823,910
58$41,058,919$27,590,220$24,463,926$41,279,208
59$45,187,689$28,882,900$25,224,227$45,073,019
60$49,735,727$30,237,056$26,008,133$49,239,371
61$54,745,740$31,655,641$26,816,374$53,815,742
62$60,264,788$33,141,750$27,649,706$58,843,414
63$66,344,732$34,698,631$28,508,906$64,367,860
64$73,042,717$36,329,687$29,394,777$70,439,170
65$80,421,718$38,038,485$30,308,146$77,112,520
66$88,551,129$39,828,767$31,249,864$84,448,692
67$97,507,422$41,704,454$32,220,812$92,514,644
68$107,374,865$43,669,658$33,221,895$101,384,137
69$118,246,320$45,728,690$34,254,048$111,138,431
70$130,224,119$47,886,070$35,318,233$121,867,050
71$143,421,028$50,146,537$36,415,443$133,668,617
72$157,961,315$52,515,060$37,546,702$146,651,788
73$173,981,919$54,996,847$38,713,066$160,936,271
74$191,633,743$57,597,361$39,915,623$176,653,954
75$211,083,082$60,322,329$41,155,493$193,950,143
76$232,513,189$63,177,755$42,433,835$212,984,932
77$256,126,005$66,169,936$43,751,839$233,934,709
78$282,144,067$69,305,472$45,110,735$256,993,816
79$310,812,607$72,591,286$46,511,790$282,376,379
80$342,401,869$76,034,635$47,956,310$310,318,327
81$377,209,656$79,643,128$49,445,643$341,079,610
82$415,564,146$83,424,746$50,981,177$374,946,649
83$457,826,985$87,387,855$52,564,343$412,235,037
84$504,396,706$91,541,228$54,196,617$453,292,509
85$555,712,486$95,894,065$55,879,520$498,502,219
86$612,258,296$100,456,011$57,614,620$548,286,354
87$674,567,468$105,237,181$59,403,536$603,110,108
88$743,227,728$110,248,181$61,247,933$663,486,071
89$818,886,748$115,500,134$63,149,530$729,979,060
90$902,258,257$121,004,700$65,110,099$803,211,441
91$994,128,778$126,774,110$67,131,467$883,869,001
92$1,095,365,059$132,821,186$69,215,516$972,707,411
93$1,206,922,247$139,159,376$71,364,188$1,070,559,351
94$1,329,852,911$145,802,781$73,579,484$1,178,342,365
95$1,465,316,979$152,766,188$75,863,467$1,297,067,514
96$1,614,592,682$160,065,102$78,218,264$1,427,848,906
97$1,779,088,627$167,715,785$80,646,068$1,571,914,211
98$1,960,357,096$175,735,286$83,149,140$1,730,616,237
99$2,160,108,692$184,141,489$85,729,809$1,905,445,691
100$2,380,228,500$192,953,143$88,390,479$2,098,045,240