Can I retire at age 51 with 19,500,000?

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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,542,573
2 years$797,174$782,328$767,939$753,988$740,456$727,972
3 years$526,170$511,260$496,907$483,087$469,776$457,579
4 years$390,695$375,830$361,621$348,037$335,048$323,233
5 years$309,431$294,655$280,633$267,326$254,698$243,299
6 years$255,273$240,608$226,793$213,783$201,534$190,565
7 years$216,603$202,062$188,466$175,763$163,901$153,368
8 years$187,615$173,205$159,834$147,443$135,972$125,874
9 years$165,080$150,806$137,665$125,589$114,508$104,843
10 years$147,062$132,928$120,020$108,259$97,566$88,328
11 years$132,330$118,338$105,663$94,217$83,910$75,092
12 years$120,063$106,214$93,774$82,641$72,715$64,309
13 years$109,690$95,986$83,780$72,960$63,409$55,406
14 years$100,807$87,249$75,277$64,766$55,584$47,974
15 years$93,116$79,703$67,965$57,760$48,940$41,713
16 years$86,392$73,126$61,620$51,717$43,254$36,397
17 years$80,466$67,347$56,072$46,468$38,352$31,855
18 years$75,204$62,231$51,187$41,877$34,101$27,952
19 years$70,501$57,675$46,859$37,839$30,395$24,581
20 years$66,274$53,595$43,005$34,271$27,149$21,658
21 years$62,455$49,921$39,556$31,103$24,295$19,115
22 years$58,987$46,600$36,457$28,280$21,777$16,895
23 years$55,826$43,584$33,662$25,755$19,549$14,952
24 years$52,932$40,835$31,131$23,490$17,571$13,247
25 years$50,274$38,322$28,834$21,452$15,811$11,749
26 years$47,824$36,016$26,742$19,615$14,242$10,428
27 years$45,560$33,896$24,832$17,954$12,840$9,263
28 years$43,461$31,940$23,085$16,450$11,586$8,234
29 years$41,511$30,131$21,482$15,085$10,462$7,323
30 years$39,694$28,456$20,010$13,844$9,453$6,517
31 years$37,997$26,900$18,655$12,715$8,546$5,802
32 years$36,410$25,453$17,405$11,685$7,731$5,168
33 years$34,922$24,105$16,251$10,745$6,996$4,604
34 years$33,524$22,846$15,184$9,887$6,334$4,104
35 years$32,209$21,669$14,196$9,101$5,737$3,659
36 years$30,971$20,567$13,280$8,382$5,198$3,263
37 years$29,801$19,534$12,430$7,723$4,711$2,910
38 years$28,696$18,564$11,640$7,118$4,271$2,596
39 years$27,651$17,653$10,906$6,564$3,873$2,317
40 years$26,660$16,795$10,222$6,054$3,513$2,068
41 years$25,719$15,987$9,585$5,585$3,187$1,845
42 years$24,826$15,226$8,991$5,155$2,892$1,647
43 years$23,977$14,507$8,437$4,758$2,625$1,471
44 years$23,169$13,828$7,919$4,394$2,383$1,313
45 years$22,399$13,186$7,436$4,058$2,163$1,173
46 years$21,664$12,579$6,984$3,748$1,964$1,047
47 years$20,963$12,005$6,561$3,463$1,783$935
48 years$20,293$11,460$6,166$3,200$1,619$835
49 years$19,652$10,944$5,796$2,957$1,471$746
50 years$19,039$10,454$5,449$2,733$1,336$667

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $19,500,000, adding $4,651 every year, while hoping to spend $44,243 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: 49/31/20 Blend
50$19,500,000$19,500,000$19,500,000$19,500,000
51$21,493,798$20,460,298$20,158,048$22,426,029
52$23,639,091$21,415,778$20,786,268$24,028,738
53$26,001,721$22,416,594$21,434,051$25,763,970
54$28,603,810$23,464,920$22,102,005$27,648,127
55$31,469,734$24,563,037$22,790,758$29,695,244
56$34,626,355$25,713,334$23,500,956$31,920,736
57$38,103,273$26,918,317$24,233,268$34,341,540
58$41,933,105$28,180,613$24,988,380$36,976,265
59$46,151,793$29,502,975$25,767,003$39,845,361
60$50,798,946$30,888,290$26,569,867$42,971,305
61$55,918,207$32,339,585$27,397,727$46,378,806
62$61,557,673$33,860,034$28,251,360$50,095,026
63$67,770,343$35,452,962$29,131,567$54,149,832
64$74,614,619$37,121,858$30,039,175$58,576,065
65$82,154,860$38,870,379$30,975,037$63,409,843
66$90,461,986$40,702,358$31,940,032$68,690,890
67$99,614,150$42,621,815$32,935,064$74,462,902
68$109,697,473$44,632,964$33,961,069$80,773,945
69$120,806,860$46,740,224$35,019,009$87,676,903
70$133,046,892$48,948,228$36,109,879$95,229,959
71$146,532,816$51,261,832$37,234,700$103,497,136
72$161,391,631$53,686,129$38,394,531$112,548,886
73$177,763,288$56,226,460$39,590,458$122,462,740
74$195,802,010$58,888,423$40,823,605$133,324,028
75$215,677,748$61,677,889$42,095,128$145,226,670
76$237,577,785$64,601,012$43,406,222$158,274,043
77$261,708,504$67,664,246$44,758,115$172,579,943
78$288,297,337$70,874,360$46,152,078$188,269,641
79$317,594,909$74,238,448$47,589,417$205,481,049
80$349,877,408$77,763,950$49,071,480$224,365,999
81$385,449,189$81,458,668$50,599,660$245,091,663
82$424,645,646$85,330,783$52,175,388$267,842,104
83$467,836,381$89,388,871$53,800,143$292,819,994
84$515,428,694$93,641,927$55,475,450$320,248,507
85$567,871,422$98,099,383$57,202,878$350,373,398
86$625,659,181$102,771,127$58,984,049$383,465,302
87$689,337,036$107,667,531$60,820,633$419,822,259
88$759,505,641$112,799,467$62,714,352$459,772,504
89$836,826,915$118,178,340$64,666,982$503,677,536
90$922,030,288$123,816,106$66,680,353$551,935,498
91$1,015,919,586$129,725,304$68,756,353$604,984,908
92$1,119,380,622$135,919,082$70,896,929$663,308,768
93$1,233,389,557$142,411,228$73,104,088$727,439,081
94$1,359,022,115$149,216,201$75,379,898$797,961,849
95$1,497,463,738$156,349,163$77,726,492$875,522,558
96$1,650,020,780$163,826,012$80,146,070$960,832,237
97$1,818,132,836$171,663,424$82,640,900$1,054,674,131
98$2,003,386,335$179,878,881$85,213,320$1,157,911,050
99$2,207,529,515$188,490,720$87,865,740$1,271,493,467
100$2,432,488,930$197,518,169$90,600,646$1,396,468,451