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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.6%
1 years$825,791$818,435$811,258$804,254$797,414$788,758
2 years$408,807$401,194$393,815$386,660$379,721$371,006
3 years$269,831$262,184$254,824$247,737$240,911$232,406
4 years$200,356$192,733$185,447$178,481$171,819$163,592
5 years$158,683$151,105$143,914$137,090$130,614$122,687
6 years$130,909$123,389$116,304$109,632$103,351$95,734
7 years$111,079$103,622$96,649$90,135$84,052$76,748
8 years$96,213$88,823$81,966$75,612$69,729$62,739
9 years$84,656$77,336$70,598$64,404$58,722$52,042
10 years$75,417$68,168$61,549$55,517$50,034$43,660
11 years$67,862$60,686$54,186$48,317$43,031$36,958
12 years$61,571$54,469$48,089$42,380$37,290$31,511
13 years$56,251$49,224$42,964$37,415$32,517$27,026
14 years$51,696$44,743$38,604$33,213$28,505$23,293
15 years$47,752$40,874$34,854$29,620$25,098$20,158
16 years$44,304$37,501$31,600$26,522$22,181$17,505
17 years$41,265$34,537$28,755$23,830$19,668$15,246
18 years$38,566$31,914$26,250$21,475$17,487$13,311
19 years$36,155$29,577$24,030$19,405$15,587$11,647
20 years$33,987$27,484$22,054$17,575$13,923$10,210
21 years$32,028$25,601$20,285$15,950$12,459$8,964
22 years$30,250$23,897$18,696$14,502$11,168$7,882
23 years$28,629$22,351$17,262$13,208$10,025$6,938
24 years$27,145$20,941$15,965$12,046$9,011$6,114
25 years$25,782$19,652$14,787$11,001$8,108$5,393
26 years$24,525$18,470$13,714$10,059$7,304$4,760
27 years$23,364$17,382$12,734$9,207$6,585$4,205
28 years$22,288$16,379$11,838$8,436$5,942$3,717
29 years$21,288$15,452$11,017$7,736$5,365$3,287
30 years$20,356$14,593$10,262$7,099$4,848$2,909
31 years$19,486$13,795$9,567$6,520$4,383$2,575
32 years$18,672$13,053$8,926$5,992$3,965$2,280
33 years$17,909$12,361$8,334$5,510$3,588$2,020
34 years$17,192$11,716$7,787$5,070$3,248$1,790
35 years$16,518$11,112$7,280$4,667$2,942$1,586
36 years$15,882$10,547$6,810$4,298$2,666$1,406
37 years$15,283$10,017$6,374$3,960$2,416$1,247
38 years$14,716$9,520$5,969$3,650$2,190$1,106
39 years$14,180$9,053$5,593$3,366$1,986$981
40 years$13,672$8,613$5,242$3,105$1,802$870
41 years$13,189$8,199$4,915$2,864$1,635$772
42 years$12,731$7,808$4,611$2,643$1,483$685
43 years$12,296$7,439$4,327$2,440$1,346$608
44 years$11,881$7,091$4,061$2,253$1,222$539
45 years$11,486$6,762$3,813$2,081$1,109$479
46 years$11,110$6,451$3,582$1,922$1,007$425
47 years$10,750$6,156$3,365$1,776$914$377
48 years$10,406$5,877$3,162$1,641$830$335
49 years$10,078$5,612$2,972$1,516$754$297
50 years$9,763$5,361$2,794$1,402$685$264

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 $4,838 every year, while hoping to spend $42,528 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: 67/15/18 Blend
50$10,000,000$10,000,000$10,000,000$10,000,000
51$11,024,990$10,494,990$10,339,990$11,714,719
52$12,104,290$10,963,995$10,641,131$12,645,533
53$13,292,253$11,454,556$10,950,934$13,657,593
54$14,599,917$11,967,685$11,269,645$14,763,245
55$16,039,447$12,504,440$11,597,516$15,971,683
56$17,624,245$13,065,931$11,934,807$17,293,028
57$19,369,078$13,653,322$12,281,784$18,738,414
58$21,290,220$14,267,831$12,638,719$20,320,099
59$23,405,602$14,910,734$13,005,895$22,051,577
60$25,734,981$15,583,368$13,383,601$23,947,699
61$28,300,131$16,287,134$13,772,133$26,024,817
62$31,125,041$17,023,501$14,171,797$28,300,932
63$34,236,149$17,794,006$14,582,905$30,795,864
64$37,662,585$18,600,260$15,005,781$33,531,434
65$41,436,449$19,443,954$15,440,755$36,531,671
66$45,593,114$20,326,855$15,888,168$39,823,035
67$50,171,559$21,250,818$16,348,369$43,434,660
68$55,214,735$22,217,785$16,821,716$47,398,633
69$60,769,974$23,229,793$17,308,580$51,750,291
70$66,889,433$24,288,974$17,809,339$56,528,547
71$73,630,585$25,397,564$18,324,382$61,776,264
72$81,056,766$26,557,906$18,854,110$67,540,645
73$89,237,766$27,772,453$19,398,933$73,873,684
74$98,250,495$29,043,780$19,959,274$80,832,649
75$108,179,702$30,374,582$20,535,566$88,480,619
76$119,118,780$31,767,684$21,128,255$96,887,078
77$131,170,642$33,226,048$21,737,799$106,128,563
78$144,448,700$34,752,777$22,364,668$116,289,384
79$159,077,928$36,351,123$23,009,344$127,462,418
80$175,196,043$38,024,495$23,672,324$139,749,975
81$192,954,810$39,776,466$24,354,117$153,264,767
82$212,521,467$41,610,779$25,055,246$168,130,959
83$234,080,309$43,531,359$25,776,249$184,485,342
84$257,834,425$45,542,320$26,517,678$202,478,613
85$284,007,615$47,647,973$27,280,099$222,276,798
86$312,846,504$49,852,836$28,064,095$244,062,810
87$344,622,869$52,161,646$28,870,264$268,038,168
88$379,636,202$54,579,368$29,699,218$294,424,896
89$418,216,542$57,111,204$30,551,589$323,467,611
90$460,727,587$59,762,610$31,428,025$355,435,825
91$507,570,126$62,539,303$32,329,189$390,626,480
92$559,185,826$65,447,276$33,255,764$429,366,747
93$616,061,399$68,492,812$34,208,451$472,017,104
94$678,733,198$71,682,496$35,187,970$518,974,732
95$747,792,276$75,023,230$36,195,059$570,677,253
96$823,889,972$78,522,252$37,230,477$627,606,857
97$907,744,053$82,187,146$38,295,002$690,294,840
98$1,000,145,495$86,025,865$39,389,433$759,326,611
99$1,101,965,949$90,046,746$40,514,592$835,347,209
100$1,214,165,965$94,258,526$41,671,321$919,067,379