Can I retire at age 51 with 10,000,000?

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 $10,000,000?

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$825,791$818,435$811,258$804,254$797,414$779,086
2 years$408,807$401,194$393,815$386,660$379,721$361,357
3 years$269,831$262,184$254,824$247,737$240,911$223,085
4 years$200,356$192,733$185,447$178,481$171,819$154,668
5 years$158,683$151,105$143,914$137,090$130,614$114,186
6 years$130,909$123,389$116,304$109,632$103,351$87,663
7 years$111,079$103,622$96,649$90,135$84,052$69,106
8 years$96,213$88,823$81,966$75,612$69,729$55,520
9 years$84,656$77,336$70,598$64,404$58,722$45,239
10 years$75,417$68,168$61,549$55,517$50,034$37,263
11 years$67,862$60,686$54,186$48,317$43,031$30,953
12 years$61,571$54,469$48,089$42,380$37,290$25,887
13 years$56,251$49,224$42,964$37,415$32,517$21,768
14 years$51,696$44,743$38,604$33,213$28,505$18,386
15 years$47,752$40,874$34,854$29,620$25,098$15,586
16 years$44,304$37,501$31,600$26,522$22,181$13,254
17 years$41,265$34,537$28,755$23,830$19,668$11,299
18 years$38,566$31,914$26,250$21,475$17,487$9,653
19 years$36,155$29,577$24,030$19,405$15,587$8,262
20 years$33,987$27,484$22,054$17,575$13,923$7,082
21 years$32,028$25,601$20,285$15,950$12,459$6,078
22 years$30,250$23,897$18,696$14,502$11,168$5,223
23 years$28,629$22,351$17,262$13,208$10,025$4,492
24 years$27,145$20,941$15,965$12,046$9,011$3,867
25 years$25,782$19,652$14,787$11,001$8,108$3,330
26 years$24,525$18,470$13,714$10,059$7,304$2,870
27 years$23,364$17,382$12,734$9,207$6,585$2,475
28 years$22,288$16,379$11,838$8,436$5,942$2,135
29 years$21,288$15,452$11,017$7,736$5,365$1,843
30 years$20,356$14,593$10,262$7,099$4,848$1,591
31 years$19,486$13,795$9,567$6,520$4,383$1,374
32 years$18,672$13,053$8,926$5,992$3,965$1,187
33 years$17,909$12,361$8,334$5,510$3,588$1,025
34 years$17,192$11,716$7,787$5,070$3,248$886
35 years$16,518$11,112$7,280$4,667$2,942$765
36 years$15,882$10,547$6,810$4,298$2,666$662
37 years$15,283$10,017$6,374$3,960$2,416$572
38 years$14,716$9,520$5,969$3,650$2,190$494
39 years$14,180$9,053$5,593$3,366$1,986$427
40 years$13,672$8,613$5,242$3,105$1,802$370
41 years$13,189$8,199$4,915$2,864$1,635$320
42 years$12,731$7,808$4,611$2,643$1,483$276
43 years$12,296$7,439$4,327$2,440$1,346$239
44 years$11,881$7,091$4,061$2,253$1,222$207
45 years$11,486$6,762$3,813$2,081$1,109$179
46 years$11,110$6,451$3,582$1,922$1,007$155
47 years$10,750$6,156$3,365$1,776$914$134
48 years$10,406$5,877$3,162$1,641$830$116
49 years$10,078$5,612$2,972$1,516$754$100
50 years$9,763$5,361$2,794$1,402$685$87

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $10,000,000, adding $4,494 every year, while hoping to spend $35,698 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: 74/17/9 Blend
50$10,000,000$10,000,000$10,000,000$10,000,000
51$11,024,636$10,494,636$10,339,636$11,823,217
52$12,111,166$10,970,890$10,648,031$12,826,577
53$13,307,326$11,469,285$10,965,561$13,920,539
54$14,624,260$11,990,867$11,292,494$15,118,003
55$16,074,249$12,536,734$11,629,107$16,429,205
56$17,670,823$13,108,034$11,975,683$17,865,410
57$19,428,894$13,705,975$12,332,515$19,439,021
58$21,364,890$14,331,817$12,699,903$21,163,687
59$23,496,917$14,986,884$13,078,158$23,054,439
60$25,844,924$15,672,563$13,467,598$25,127,822
61$28,430,895$16,390,307$13,868,551$27,402,052
62$31,279,053$17,141,638$14,281,354$29,897,187
63$34,416,091$17,928,153$14,706,355$32,635,312
64$37,871,424$18,751,525$15,143,910$35,640,744
65$41,677,466$19,613,506$15,594,387$38,940,264
66$45,869,933$20,515,934$16,058,165$42,563,361
67$50,488,185$21,460,733$16,535,632$46,542,511
68$55,575,594$22,449,923$17,027,189$50,913,481
69$61,179,953$23,485,617$17,533,248$55,715,660
70$67,353,929$24,570,034$18,054,233$60,992,434
71$74,155,560$25,705,496$18,590,581$66,791,585
72$81,648,801$26,894,439$19,142,739$73,165,744
73$89,904,128$28,139,415$19,711,169$80,172,880
74$98,999,203$29,443,101$20,296,348$87,876,847
75$109,019,608$30,808,300$20,898,762$96,347,983
76$120,059,654$32,237,952$21,518,916$105,663,764
77$132,223,265$33,735,138$22,157,326$115,909,540
78$145,624,967$35,303,089$22,814,526$127,179,327
79$160,390,963$36,945,189$23,491,061$139,576,698
80$176,660,326$38,664,988$24,187,497$153,215,749
81$194,586,313$40,466,206$24,904,412$168,222,176
82$214,337,810$42,352,743$25,642,402$184,734,452
83$236,100,925$44,328,687$26,402,082$202,905,132
84$260,080,749$46,398,322$27,184,081$222,902,287
85$286,503,288$48,566,142$27,989,050$244,911,080
86$315,617,595$50,836,855$28,817,655$269,135,514
87$347,698,128$53,215,399$29,670,585$295,800,346
88$383,047,333$55,706,949$30,548,545$325,153,204
89$421,998,502$58,316,931$31,452,263$357,466,919
90$464,918,922$61,051,033$32,382,486$393,042,086
91$512,213,336$63,915,218$33,339,983$432,209,905
92$564,327,770$66,915,737$34,325,546$475,335,286
93$621,753,739$70,059,145$35,339,989$522,820,297
94$685,032,891$73,352,313$36,384,149$575,107,943
95$754,762,114$76,802,445$37,458,886$632,686,341
96$831,599,178$80,417,093$38,565,087$696,093,317
97$916,268,939$84,204,175$39,703,662$765,921,476
98$1,009,570,185$88,171,994$40,875,549$842,823,780
99$1,112,383,175$92,329,253$42,081,712$927,519,705
100$1,225,677,951$96,685,079$43,323,141$1,020,802,021