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%11.9%
1 years$825,791$818,435$811,258$804,254$797,414$791,063
2 years$408,807$401,194$393,815$386,660$379,721$373,319
3 years$269,831$262,184$254,824$247,737$240,911$234,656
4 years$200,356$192,733$185,447$178,481$171,819$165,760
5 years$158,683$151,105$143,914$137,090$130,614$124,769
6 years$130,909$123,389$116,304$109,632$103,351$97,726
7 years$111,079$103,622$96,649$90,135$84,052$78,650
8 years$96,213$88,823$81,966$75,612$69,729$64,551
9 years$84,656$77,336$70,598$64,404$58,722$53,765
10 years$75,417$68,168$61,549$55,517$50,034$45,297
11 years$67,862$60,686$54,186$48,317$43,031$38,509
12 years$61,571$54,469$48,089$42,380$37,290$32,979
13 years$56,251$49,224$42,964$37,415$32,517$28,413
14 years$51,696$44,743$38,604$33,213$28,505$24,602
15 years$47,752$40,874$34,854$29,620$25,098$21,391
16 years$44,304$37,501$31,600$26,522$22,181$18,665
17 years$41,265$34,537$28,755$23,830$19,668$16,336
18 years$38,566$31,914$26,250$21,475$17,487$14,334
19 years$36,155$29,577$24,030$19,405$15,587$12,606
20 years$33,987$27,484$22,054$17,575$13,923$11,107
21 years$32,028$25,601$20,285$15,950$12,459$9,803
22 years$30,250$23,897$18,696$14,502$11,168$8,664
23 years$28,629$22,351$17,262$13,208$10,025$7,668
24 years$27,145$20,941$15,965$12,046$9,011$6,794
25 years$25,782$19,652$14,787$11,001$8,108$6,025
26 years$24,525$18,470$13,714$10,059$7,304$5,348
27 years$23,364$17,382$12,734$9,207$6,585$4,750
28 years$22,288$16,379$11,838$8,436$5,942$4,223
29 years$21,288$15,452$11,017$7,736$5,365$3,756
30 years$20,356$14,593$10,262$7,099$4,848$3,342
31 years$19,486$13,795$9,567$6,520$4,383$2,975
32 years$18,672$13,053$8,926$5,992$3,965$2,650
33 years$17,909$12,361$8,334$5,510$3,588$2,361
34 years$17,192$11,716$7,787$5,070$3,248$2,104
35 years$16,518$11,112$7,280$4,667$2,942$1,876
36 years$15,882$10,547$6,810$4,298$2,666$1,673
37 years$15,283$10,017$6,374$3,960$2,416$1,492
38 years$14,716$9,520$5,969$3,650$2,190$1,331
39 years$14,180$9,053$5,593$3,366$1,986$1,188
40 years$13,672$8,613$5,242$3,105$1,802$1,060
41 years$13,189$8,199$4,915$2,864$1,635$946
42 years$12,731$7,808$4,611$2,643$1,483$845
43 years$12,296$7,439$4,327$2,440$1,346$754
44 years$11,881$7,091$4,061$2,253$1,222$673
45 years$11,486$6,762$3,813$2,081$1,109$601
46 years$11,110$6,451$3,582$1,922$1,007$537
47 years$10,750$6,156$3,365$1,776$914$480
48 years$10,406$5,877$3,162$1,641$830$428
49 years$10,078$5,612$2,972$1,516$754$383
50 years$9,763$5,361$2,794$1,402$685$342

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 $3,452 every year, while hoping to spend $25,903 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: 57/19/24 Blend
50$10,000,000$10,000,000$10,000,000$10,000,000
51$11,023,561$10,493,561$10,338,561$11,579,919
52$12,120,403$10,980,185$10,657,342$12,447,298
53$13,328,256$11,489,785$10,985,934$13,389,137
54$14,658,414$12,023,460$11,324,639$14,415,109
55$16,123,324$12,582,362$11,673,766$15,533,339
56$17,736,702$13,167,697$12,033,636$16,752,764
57$19,513,662$13,780,730$12,404,580$18,083,210
58$21,470,858$14,422,789$12,786,936$19,535,488
59$23,626,643$15,095,262$13,181,055$21,121,490
60$26,001,238$15,799,608$13,587,299$22,854,298
61$28,616,930$16,537,355$14,006,039$24,748,307
62$31,498,275$17,310,103$14,437,659$26,819,357
63$34,672,333$18,119,532$14,882,555$29,084,879
64$38,168,924$18,967,402$15,341,133$31,564,054
65$42,020,908$19,855,558$15,813,814$34,277,997
66$46,264,494$20,785,935$16,301,031$37,249,944
67$50,939,587$21,760,559$16,803,230$40,505,475
68$56,090,156$22,781,558$17,320,869$44,072,749
69$61,764,658$23,851,160$17,854,424$47,982,763
70$68,016,487$24,971,701$18,404,382$52,269,645
71$74,904,486$26,145,632$18,971,246$56,970,969
72$82,493,497$27,375,521$19,555,535$62,128,104
73$90,854,971$28,664,059$20,157,784$67,786,603
74$100,067,651$30,014,071$20,778,543$73,996,625
75$110,218,307$31,428,516$21,418,379$80,813,406
76$121,402,558$32,910,497$22,077,879$88,297,771
77$133,725,775$34,463,268$22,757,644$96,516,706
78$147,304,076$36,090,239$23,458,296$105,543,983
79$162,265,418$37,794,987$24,180,475$115,460,850
80$178,750,811$39,581,262$24,924,842$126,356,792
81$196,915,646$41,452,996$25,692,077$138,330,368
82$216,931,160$43,414,311$26,482,879$151,490,134
83$238,986,055$45,469,529$27,297,972$165,955,663
84$263,288,279$47,623,182$28,138,100$181,858,663
85$290,066,987$49,880,022$29,004,031$199,344,214
86$319,574,708$52,245,031$29,896,554$218,572,128
87$352,089,724$54,723,433$30,816,484$239,718,448
88$387,918,701$57,320,707$31,764,662$262,977,104
89$427,399,583$60,042,596$32,741,952$288,561,732
90$470,904,779$62,895,122$33,749,246$316,707,679
91$518,844,685$65,884,601$34,787,464$347,674,216
92$571,671,550$69,017,654$35,857,551$381,746,977
93$629,883,754$72,301,225$36,960,485$419,240,637
94$694,030,507$75,742,594$38,097,271$460,501,880
95$764,717,034$79,349,398$39,268,946$505,912,651
96$842,610,293$83,129,640$40,476,577$555,893,752
97$928,445,267$87,091,715$41,721,266$610,908,803
98$1,023,031,902$91,244,427$43,004,146$671,468,599
99$1,127,262,759$95,597,007$44,326,388$738,135,924
100$1,242,121,433$100,159,133$45,689,195$811,530,841