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%15.7%
1 years$825,791$818,435$811,258$804,254$797,414$778,769
2 years$408,807$401,194$393,815$386,660$379,721$361,043
3 years$269,831$262,184$254,824$247,737$240,911$222,782
4 years$200,356$192,733$185,447$178,481$171,819$154,381
5 years$158,683$151,105$143,914$137,090$130,614$113,914
6 years$130,909$123,389$116,304$109,632$103,351$87,406
7 years$111,079$103,622$96,649$90,135$84,052$68,865
8 years$96,213$88,823$81,966$75,612$69,729$55,294
9 years$84,656$77,336$70,598$64,404$58,722$45,028
10 years$75,417$68,168$61,549$55,517$50,034$37,066
11 years$67,862$60,686$54,186$48,317$43,031$30,770
12 years$61,571$54,469$48,089$42,380$37,290$25,717
13 years$56,251$49,224$42,964$37,415$32,517$21,610
14 years$51,696$44,743$38,604$33,213$28,505$18,240
15 years$47,752$40,874$34,854$29,620$25,098$15,452
16 years$44,304$37,501$31,600$26,522$22,181$13,130
17 years$41,265$34,537$28,755$23,830$19,668$11,186
18 years$38,566$31,914$26,250$21,475$17,487$9,549
19 years$36,155$29,577$24,030$19,405$15,587$8,167
20 years$33,987$27,484$22,054$17,575$13,923$6,995
21 years$32,028$25,601$20,285$15,950$12,459$5,999
22 years$30,250$23,897$18,696$14,502$11,168$5,151
23 years$28,629$22,351$17,262$13,208$10,025$4,427
24 years$27,145$20,941$15,965$12,046$9,011$3,807
25 years$25,782$19,652$14,787$11,001$8,108$3,277
26 years$24,525$18,470$13,714$10,059$7,304$2,822
27 years$23,364$17,382$12,734$9,207$6,585$2,431
28 years$22,288$16,379$11,838$8,436$5,942$2,096
29 years$21,288$15,452$11,017$7,736$5,365$1,807
30 years$20,356$14,593$10,262$7,099$4,848$1,559
31 years$19,486$13,795$9,567$6,520$4,383$1,345
32 years$18,672$13,053$8,926$5,992$3,965$1,161
33 years$17,909$12,361$8,334$5,510$3,588$1,002
34 years$17,192$11,716$7,787$5,070$3,248$865
35 years$16,518$11,112$7,280$4,667$2,942$747
36 years$15,882$10,547$6,810$4,298$2,666$645
37 years$15,283$10,017$6,374$3,960$2,416$557
38 years$14,716$9,520$5,969$3,650$2,190$481
39 years$14,180$9,053$5,593$3,366$1,986$416
40 years$13,672$8,613$5,242$3,105$1,802$359
41 years$13,189$8,199$4,915$2,864$1,635$310
42 years$12,731$7,808$4,611$2,643$1,483$268
43 years$12,296$7,439$4,327$2,440$1,346$232
44 years$11,881$7,091$4,061$2,253$1,222$200
45 years$11,486$6,762$3,813$2,081$1,109$173
46 years$11,110$6,451$3,582$1,922$1,007$149
47 years$10,750$6,156$3,365$1,776$914$129
48 years$10,406$5,877$3,162$1,641$830$112
49 years$10,078$5,612$2,972$1,516$754$96
50 years$9,763$5,361$2,794$1,402$685$83

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 $6,167 every year, while hoping to spend $51,164 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: 55/38/7 Blend
50$10,000,000$10,000,000$10,000,000$10,000,000
51$11,026,361$10,496,361$10,341,361$11,614,793
52$12,096,612$10,956,245$10,633,359$12,472,600
53$13,274,314$11,436,948$10,933,423$13,399,864
54$14,570,372$11,939,437$11,241,771$14,408,150
55$15,996,803$12,464,723$11,558,624$15,505,163
56$17,566,849$13,013,866$11,884,210$16,699,367
57$19,295,098$13,587,976$12,218,762$18,000,063
58$21,197,626$14,188,215$12,562,518$19,417,476
59$23,292,147$14,815,800$12,915,725$20,962,845
60$25,598,178$15,472,006$13,278,634$22,648,526
61$28,137,226$16,158,168$13,651,502$24,488,106
62$30,932,990$16,875,686$14,034,595$26,496,525
63$34,011,584$17,626,023$14,428,183$28,690,214
64$37,401,783$18,410,716$14,832,544$31,087,247
65$41,135,294$19,231,370$15,247,963$33,707,502
66$45,247,056$20,089,669$15,674,732$36,572,850
67$49,775,571$20,987,379$16,113,151$39,707,349
68$54,763,265$21,926,345$16,563,527$43,137,474
69$60,256,886$22,908,505$17,026,173$46,892,353
70$66,307,951$23,935,884$17,501,413$51,004,043
71$72,973,229$25,010,609$17,989,577$55,507,821
72$80,315,273$26,134,904$18,491,003$60,442,515
73$88,403,017$27,311,101$19,006,038$65,850,858
74$97,312,423$28,541,642$19,535,038$71,779,891
75$107,127,195$29,829,087$20,078,366$78,281,394
76$117,939,574$31,176,118$20,636,397$85,412,371
77$129,851,206$32,585,543$21,209,512$93,235,577
78$142,974,101$34,060,307$21,798,102$101,820,102
79$157,431,691$35,603,493$22,402,570$111,242,018
80$173,359,993$37,218,334$23,023,326$121,585,084
81$190,908,895$38,908,216$23,660,791$132,941,527
82$210,243,570$40,676,686$24,315,395$145,412,903
83$231,546,034$42,527,464$24,987,581$159,111,048
84$255,016,865$44,464,444$25,677,800$174,159,117
85$280,877,094$46,491,711$26,386,515$190,692,740
86$309,370,294$48,613,542$27,114,200$208,861,284
87$340,764,879$50,834,420$27,861,340$228,829,260
88$375,356,633$53,159,043$28,628,432$250,777,850
89$413,471,510$55,592,336$29,415,984$274,906,615
90$455,468,701$58,139,458$30,224,517$301,435,356
91$501,744,034$60,805,817$31,054,563$330,606,179
92$552,733,703$63,597,079$31,906,669$362,685,758
93$608,918,389$66,519,184$32,781,390$397,967,845
94$670,827,797$69,578,356$33,679,299$436,776,015
95$739,045,656$72,781,120$34,600,980$479,466,710
96$814,215,230$76,134,312$35,547,029$526,432,581
97$897,045,388$79,645,098$36,518,059$578,106,176
98$988,317,299$83,320,988$37,514,696$634,964,000
99$1,088,891,802$87,169,856$38,537,577$697,530,993
100$1,199,717,539$91,199,952$39,587,359$766,385,463