Can I retire at age 51 with 20,000,000?

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 $20,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,558,172
2 years$817,615$802,387$787,630$773,321$759,442$722,714
3 years$539,662$524,369$509,648$495,474$481,821$446,169
4 years$400,713$385,467$370,894$356,961$343,639$309,337
5 years$317,365$302,211$287,829$274,180$261,229$228,373
6 years$261,818$246,778$232,608$219,264$206,701$175,325
7 years$222,157$207,243$193,299$180,269$168,104$138,213
8 years$192,425$177,646$163,933$151,223$139,458$111,041
9 years$169,313$154,673$141,195$128,809$117,444$90,478
10 years$150,833$136,336$123,097$111,034$100,068$74,525
11 years$135,724$121,372$108,373$96,633$86,062$61,907
12 years$123,141$108,937$96,178$84,760$74,579$51,773
13 years$112,503$98,447$85,929$74,831$65,035$43,535
14 years$103,392$89,486$77,207$66,426$57,009$36,771
15 years$95,503$81,747$69,708$59,241$50,195$31,173
16 years$88,608$75,001$63,201$53,044$44,363$26,507
17 years$82,529$69,073$57,510$47,659$39,335$22,598
18 years$77,132$63,827$52,499$42,951$34,975$19,306
19 years$72,309$59,154$48,060$38,809$31,174$16,524
20 years$67,974$54,969$44,107$35,149$27,845$14,164
21 years$64,056$51,201$40,570$31,900$24,918$12,157
22 years$60,500$47,795$37,392$29,005$22,336$10,446
23 years$57,257$44,701$34,525$26,415$20,050$8,984
24 years$54,289$41,882$31,930$24,092$18,021$7,733
25 years$51,563$39,304$29,573$22,002$16,216$6,661
26 years$49,051$36,940$27,428$20,118$14,607$5,741
27 years$46,728$34,765$25,469$18,414$13,170$4,950
28 years$44,576$32,759$23,677$16,871$11,883$4,271
29 years$42,575$30,904$22,033$15,471$10,730$3,686
30 years$40,711$29,186$20,523$14,199$9,695$3,182
31 years$38,971$27,590$19,133$13,041$8,766$2,747
32 years$37,343$26,106$17,851$11,985$7,929$2,373
33 years$35,817$24,723$16,668$11,021$7,176$2,050
34 years$34,384$23,431$15,574$10,140$6,497$1,771
35 years$33,035$22,224$14,560$9,335$5,884$1,531
36 years$31,765$21,094$13,621$8,597$5,332$1,323
37 years$30,565$20,035$12,749$7,921$4,832$1,144
38 years$29,432$19,040$11,939$7,301$4,381$989
39 years$28,360$18,105$11,185$6,732$3,973$855
40 years$27,343$17,226$10,484$6,209$3,603$739
41 years$26,379$16,397$9,831$5,729$3,269$639
42 years$25,463$15,616$9,221$5,287$2,966$553
43 years$24,592$14,879$8,653$4,880$2,692$478
44 years$23,763$14,183$8,122$4,506$2,444$413
45 years$22,973$13,525$7,627$4,162$2,218$357
46 years$22,219$12,902$7,163$3,844$2,014$309
47 years$21,500$12,312$6,730$3,552$1,829$267
48 years$20,813$11,754$6,324$3,282$1,661$231
49 years$20,156$11,224$5,944$3,033$1,509$200
50 years$19,527$10,722$5,588$2,803$1,370$173

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $20,000,000, adding $5,454 every year, while hoping to spend $26,057 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$20,000,000$20,000,000$20,000,000$20,000,000
51$22,045,626$20,985,626$20,675,626$22,636,951
52$24,266,555$21,986,197$21,340,535$24,077,476
53$26,713,146$23,034,923$22,026,845$25,626,172
54$29,408,388$24,134,136$22,735,246$27,294,753
55$32,377,616$25,286,280$23,466,449$29,093,782
56$35,648,747$26,493,922$24,221,188$31,034,831
57$39,252,544$27,759,749$25,000,223$33,130,568
58$43,222,909$29,086,582$25,804,336$35,394,874
59$47,597,199$30,477,378$26,634,335$37,842,959
60$52,416,581$31,935,238$27,491,053$40,491,497
61$57,726,421$33,463,413$28,375,352$43,358,766
62$63,576,711$35,065,315$29,288,121$46,464,810
63$70,022,539$36,744,519$30,230,277$49,831,617
64$77,124,613$38,504,776$31,202,766$53,483,308
65$84,949,832$40,350,018$32,206,567$57,446,353
66$93,571,916$42,284,370$33,242,688$61,749,802
67$103,072,104$44,312,157$34,312,171$66,425,548
68$113,539,921$46,437,915$35,416,091$71,508,606
69$125,074,021$48,666,401$36,555,558$77,037,426
70$137,783,120$51,002,603$37,731,718$83,054,240
71$151,787,020$53,451,752$38,945,752$89,605,440
72$167,217,744$56,019,336$40,198,883$96,741,995
73$184,220,778$58,711,107$41,492,369$104,519,909
74$202,956,446$61,533,100$42,827,512$113,000,729
75$223,601,424$64,491,643$44,205,655$122,252,104
76$246,350,408$67,593,372$45,628,183$132,348,395
77$271,417,950$70,845,248$47,096,528$143,371,353
78$299,040,485$74,254,569$48,612,166$155,410,864
79$329,478,563$77,828,991$50,176,621$168,565,770
80$363,019,307$81,576,542$51,791,468$182,944,768
81$399,979,125$85,505,642$53,458,332$198,667,413
82$440,706,698$89,625,121$55,178,889$215,865,204
83$485,586,270$93,944,240$56,954,869$234,682,800
84$535,041,273$98,472,712$58,788,062$255,279,344
85$589,538,331$103,220,723$60,680,310$277,829,933
86$649,591,658$108,198,956$62,633,518$302,527,227
87$715,767,918$113,418,616$64,649,651$329,583,228
88$788,691,571$118,891,453$66,730,740$359,231,241
89$869,050,769$124,629,792$68,878,877$391,728,029
90$957,603,854$130,646,558$71,096,226$427,356,191
91$1,055,186,516$136,955,308$73,385,018$466,426,778
92$1,162,719,681$143,570,259$75,747,557$509,282,181
93$1,281,218,210$150,506,323$78,186,222$556,299,307
94$1,411,800,475$157,779,140$80,703,467$607,893,082
95$1,555,698,917$165,405,112$83,301,828$664,520,307
96$1,714,271,687$173,401,443$85,983,919$726,683,910
97$1,889,015,461$181,786,175$88,752,442$794,937,626
98$2,081,579,574$190,578,233$91,610,185$869,891,159
99$2,293,781,589$199,797,465$94,560,024$952,215,864
100$2,527,624,458$209,464,688$97,604,932$1,042,651,013