Can I retire at age 51 with 10,100,000?

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 $10,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$834,049$826,619$819,371$812,296$805,388$794,665
2 years$412,895$405,206$397,753$390,527$383,518$372,732
3 years$272,529$264,806$257,372$250,214$243,320$232,806
4 years$202,360$194,661$187,301$180,265$173,538$163,377
5 years$160,269$152,616$145,353$138,461$131,921$122,143
6 years$132,218$124,623$117,467$110,728$104,384$95,001
7 years$112,190$104,658$97,616$91,036$84,892$75,907
8 years$97,175$89,711$82,786$76,368$70,426$61,837
9 years$85,503$78,110$71,303$65,048$59,309$51,113
10 years$76,171$68,850$62,164$56,072$50,534$42,725
11 years$68,540$61,293$54,728$48,800$43,461$36,032
12 years$62,186$55,013$48,570$42,804$37,663$30,604
13 years$56,814$49,716$43,394$37,789$32,843$26,146
14 years$52,213$45,190$38,990$33,545$28,790$22,445
15 years$48,229$41,282$35,202$29,917$25,349$19,345
16 years$44,747$37,876$31,916$26,787$22,403$16,729
17 years$41,677$34,882$29,042$24,068$19,864$14,509
18 years$38,952$32,233$26,512$21,690$17,662$12,614
19 years$36,516$29,873$24,270$19,599$15,743$10,989
20 years$34,327$27,759$22,274$17,750$14,062$9,590
21 years$32,348$25,857$20,488$16,110$12,584$8,382
22 years$30,552$24,136$18,883$14,647$11,280$7,337
23 years$28,915$22,574$17,435$13,340$10,125$6,429
24 years$27,416$21,151$16,124$12,167$9,101$5,639
25 years$26,039$19,849$14,934$11,111$8,189$4,950
26 years$24,771$18,655$13,851$10,159$7,377$4,349
27 years$23,598$17,556$12,862$9,299$6,651$3,823
28 years$22,511$16,543$11,957$8,520$6,001$3,363
29 years$21,500$15,607$11,127$7,813$5,419$2,960
30 years$20,559$14,739$10,364$7,170$4,896$2,606
31 years$19,680$13,933$9,662$6,586$4,427$2,296
32 years$18,858$13,183$9,015$6,052$4,004$2,023
33 years$18,088$12,485$8,417$5,566$3,624$1,783
34 years$17,364$11,833$7,865$5,121$3,281$1,572
35 years$16,683$11,223$7,353$4,714$2,972$1,386
36 years$16,041$10,653$6,878$4,341$2,692$1,223
37 years$15,436$10,117$6,438$4,000$2,440$1,079
38 years$14,863$9,615$6,029$3,687$2,212$952
39 years$14,322$9,143$5,649$3,400$2,006$840
40 years$13,808$8,699$5,294$3,136$1,820$741
41 years$13,321$8,281$4,964$2,893$1,651$654
42 years$12,859$7,886$4,657$2,670$1,498$578
43 years$12,419$7,514$4,370$2,465$1,360$510
44 years$12,000$7,162$4,102$2,276$1,234$450
45 years$11,601$6,830$3,851$2,102$1,120$397
46 years$11,221$6,515$3,617$1,941$1,017$351
47 years$10,858$6,218$3,398$1,794$924$310
48 years$10,511$5,936$3,194$1,657$839$274
49 years$10,179$5,668$3,002$1,532$762$242
50 years$9,861$5,415$2,822$1,416$692$213

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $10,100,000, adding $3,865 every year, while hoping to spend $27,776 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: 75/8/17 Blend
50$10,100,000$10,100,000$10,100,000$10,100,000
51$11,134,187$10,598,887$10,442,337$11,926,187
52$12,240,320$11,088,679$10,762,602$12,940,667
53$13,458,349$11,601,540$11,092,664$14,048,477
54$14,799,656$12,138,570$11,432,824$15,261,982
55$16,276,785$12,700,925$11,783,388$16,591,700
56$17,903,561$13,289,814$12,144,675$18,049,214
57$19,695,213$13,906,504$12,517,011$19,647,275
58$21,668,527$14,552,325$12,900,733$21,399,928
59$23,841,997$15,228,669$13,296,188$23,322,637
60$26,236,005$15,936,998$13,703,735$25,432,431
61$28,873,009$16,678,842$14,123,741$27,748,065
62$31,777,756$17,455,806$14,556,587$30,290,197
63$34,977,518$18,269,572$15,002,663$33,081,574
64$38,502,347$19,121,902$15,462,374$36,147,254
65$42,385,357$20,014,646$15,936,135$39,514,835
66$46,663,041$20,949,742$16,424,373$43,214,715
67$51,375,612$21,929,220$16,927,530$47,280,378
68$56,567,383$22,955,210$17,446,060$51,748,709
69$62,287,185$24,029,944$17,980,433$56,660,335
70$68,588,830$25,155,763$18,531,129$62,060,014
71$75,531,615$26,335,120$19,098,647$67,997,048
72$83,180,887$27,570,588$19,683,498$74,525,751
73$91,608,653$28,864,863$20,286,211$81,705,958
74$100,894,266$30,220,771$20,907,330$89,603,586
75$111,125,169$31,641,278$21,547,414$98,291,255
76$122,397,725$33,129,489$22,207,041$107,848,970
77$134,818,122$34,688,663$22,886,805$118,364,874
78$148,503,378$36,322,215$23,587,321$129,936,077
79$163,582,445$38,033,726$24,309,219$142,669,569
80$180,197,427$39,826,950$25,053,149$156,683,229
81$198,504,918$41,705,824$25,819,783$172,106,930
82$218,677,484$43,674,474$26,609,811$189,083,766
83$240,905,292$45,737,228$27,423,944$207,771,398
84$265,397,901$47,898,622$28,262,916$228,343,537
85$292,386,245$50,163,412$29,127,482$250,991,581
86$322,124,810$52,536,587$30,018,420$275,926,417
87$354,894,036$55,023,375$30,936,532$303,380,412
88$391,002,966$57,629,260$31,882,645$333,609,593
89$430,792,165$60,359,989$32,857,609$366,896,070
90$474,636,928$63,221,591$33,862,302$403,550,685
91$522,950,833$66,220,387$34,897,627$443,915,948
92$576,189,635$69,363,003$35,964,515$488,369,262
93$634,855,576$72,656,389$37,063,924$537,326,481
94$699,502,124$76,107,831$38,196,844$591,245,831
95$770,739,194$79,724,968$39,364,292$650,632,230
96$849,238,913$83,515,812$40,567,317$716,042,045
97$935,741,959$87,488,764$41,806,999$788,088,342
98$1,031,064,557$91,652,632$43,084,452$867,446,667
99$1,136,106,184$96,016,653$44,400,823$954,861,414
100$1,251,858,056$100,590,511$45,757,292$1,051,152,844