Can I retire at age 51 with 19,900,000?

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,539,141
2 years$813,526$798,375$783,691$769,454$755,645$707,976
3 years$536,964$521,747$507,100$492,997$479,412$433,283
4 years$398,709$383,539$369,039$355,176$341,921$297,685
5 years$315,778$300,700$286,390$272,810$259,923$217,700
6 years$260,509$245,544$231,445$218,168$205,668$165,495
7 years$221,047$206,207$192,332$179,368$167,263$129,139
8 years$191,463$176,758$163,113$150,467$138,761$102,662
9 years$168,466$153,899$140,489$128,165$116,857$82,746
10 years$150,079$135,655$122,482$110,479$99,568$67,395
11 years$135,045$120,765$107,831$96,150$85,632$55,343
12 years$122,526$108,393$95,697$84,337$74,207$45,739
13 years$111,940$97,955$85,499$74,457$64,710$37,998
14 years$102,875$89,039$76,821$66,094$56,724$31,700
15 years$95,026$81,338$69,359$58,944$49,944$26,536
16 years$88,165$74,626$62,885$52,778$44,141$22,276
17 years$82,117$68,728$57,222$47,421$39,138$18,743
18 years$76,747$63,508$52,237$42,736$34,800$15,802
19 years$71,948$58,858$47,820$38,615$31,018$13,343
20 years$67,634$54,694$43,887$34,974$27,706$11,282
21 years$63,736$50,945$40,367$31,741$24,794$9,550
22 years$60,197$47,556$37,205$28,860$22,224$8,092
23 years$56,971$44,478$34,352$26,283$19,950$6,862
24 years$54,018$41,673$31,770$23,972$17,931$5,823
25 years$51,305$39,108$29,425$21,892$16,135$4,944
26 years$48,805$36,755$27,290$20,017$14,534$4,200
27 years$46,495$34,591$25,342$18,322$13,104$3,569
28 years$44,353$32,595$23,558$16,787$11,824$3,034
29 years$42,362$30,749$21,923$15,394$10,676$2,580
30 years$40,508$29,040$20,420$14,128$9,647$2,194
31 years$38,776$27,452$19,037$12,975$8,722$1,867
32 years$37,157$25,975$17,762$11,925$7,889$1,589
33 years$35,638$24,599$16,585$10,966$7,140$1,352
34 years$34,212$23,314$15,496$10,090$6,464$1,151
35 years$32,870$22,113$14,487$9,288$5,855$980
36 years$31,606$20,989$13,553$8,554$5,305$834
37 years$30,413$19,934$12,685$7,881$4,808$710
38 years$29,285$18,945$11,879$7,264$4,359$605
39 years$28,218$18,015$11,129$6,698$3,953$515
40 years$27,206$17,139$10,432$6,178$3,585$438
41 years$26,247$16,315$9,781$5,700$3,253$373
42 years$25,336$15,538$9,175$5,260$2,952$318
43 years$24,469$14,805$8,610$4,856$2,679$271
44 years$23,644$14,112$8,082$4,484$2,431$231
45 years$22,858$13,457$7,589$4,141$2,207$196
46 years$22,108$12,837$7,127$3,825$2,004$167
47 years$21,393$12,251$6,696$3,534$1,820$142
48 years$20,709$11,695$6,292$3,265$1,653$121
49 years$20,055$11,168$5,914$3,018$1,501$103
50 years$19,429$10,668$5,560$2,789$1,363$88

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $19,900,000, adding $3,894 every year, while hoping to spend $30,577 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: 38/32/30 Blend
50$19,900,000$19,900,000$19,900,000$19,900,000
51$21,933,817$20,879,117$20,570,667$22,571,383
52$24,138,532$21,869,660$21,227,250$24,033,066
53$26,567,104$22,907,715$21,904,805$25,608,651
54$29,242,333$23,995,577$22,604,000$27,310,957
55$32,189,345$25,135,654$23,325,528$29,151,529
56$35,435,828$26,330,471$24,070,103$31,143,030
57$39,012,291$27,582,673$24,838,460$33,299,353
58$42,952,357$28,895,036$25,631,361$35,635,745
59$47,293,076$30,270,471$26,449,589$38,168,942
60$52,075,274$31,712,029$27,293,955$40,917,315
61$57,343,943$33,222,909$28,165,294$43,901,039
62$63,148,662$34,806,468$29,064,468$47,142,268
63$69,544,064$36,466,224$29,992,367$50,665,339
64$76,590,357$38,205,867$30,949,909$54,496,986
65$84,353,884$40,029,265$31,938,041$58,666,586
66$92,907,757$41,940,476$32,957,743$63,206,418
67$102,332,543$43,943,754$34,010,022$68,151,963
68$112,717,026$46,043,562$35,095,921$73,542,221
69$124,159,042$48,244,576$36,216,514$79,420,065
70$136,766,408$50,551,704$37,372,911$85,832,635
71$150,657,934$52,970,090$38,566,256$92,831,766
72$165,964,549$55,505,129$39,797,731$100,474,464
73$182,830,532$58,162,480$41,068,554$108,823,425
74$201,414,881$60,948,076$42,379,985$117,947,611
75$221,892,805$63,868,138$43,733,321$127,922,885
76$244,457,386$66,929,192$45,129,902$138,832,709
77$269,321,397$70,138,080$46,571,112$150,768,908
78$296,719,312$73,501,979$48,058,377$163,832,522
79$326,909,519$77,028,413$49,593,170$178,134,737
80$360,176,760$80,725,275$51,177,010$193,797,912
81$396,834,817$84,600,841$52,811,468$210,956,711
82$437,229,477$88,663,790$54,498,160$229,759,351
83$481,741,793$92,923,226$56,238,758$250,368,976
84$530,791,685$97,388,693$58,034,986$272,965,170
85$584,841,902$102,070,204$59,888,623$297,745,627
86$644,402,389$106,978,257$61,801,505$324,927,985
87$710,035,103$112,123,862$63,775,526$354,751,852
88$782,359,321$117,518,568$65,812,643$387,481,040
89$862,057,478$123,174,485$67,914,873$423,406,017
90$949,881,619$129,104,313$70,084,300$462,846,618
91$1,046,660,493$135,321,373$72,323,072$506,155,028
92$1,153,307,376$141,839,633$74,633,408$553,719,067
93$1,270,828,698$148,673,744$77,017,597$605,965,817
94$1,400,333,540$155,839,072$79,478,001$663,365,606
95$1,543,044,105$163,351,731$82,017,058$726,436,409
96$1,700,307,260$171,228,622$84,637,286$795,748,695
97$1,873,607,244$179,487,469$87,341,279$871,930,758
98$2,064,579,690$188,146,861$90,131,718$955,674,607
99$2,275,027,057$197,226,296$93,011,370$1,047,742,442
100$2,506,935,653$206,746,221$95,983,087$1,148,973,798