Can I retire at age 51 with 10,400,000?

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 $10,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$858,822$851,172$843,709$836,424$829,311$798,616
2 years$425,160$417,241$409,567$402,127$394,910$364,332
3 years$280,624$272,672$265,017$257,647$250,547$221,048
4 years$208,371$200,443$192,865$185,620$178,692$150,497
5 years$165,030$157,149$149,671$142,574$135,839$109,020
6 years$136,145$128,324$120,956$114,017$107,485$82,062
7 years$115,522$107,767$100,515$93,740$87,414$63,380
8 years$100,061$92,376$85,245$78,636$72,518$49,852
9 years$88,043$80,430$73,421$66,981$61,071$39,741
10 years$78,433$70,895$64,010$57,738$52,035$32,004
11 years$70,576$63,114$56,354$50,249$44,752$25,976
12 years$64,033$56,647$50,013$44,075$38,781$21,213
13 years$58,502$51,193$44,683$38,912$33,818$17,408
14 years$53,764$46,533$40,148$34,542$29,645$14,342
15 years$49,662$42,508$36,248$30,805$26,102$11,853
16 years$46,076$39,001$32,864$27,583$23,069$9,822
17 years$42,915$35,918$29,905$24,783$20,454$8,155
18 years$40,109$33,190$27,299$22,334$18,187$6,784
19 years$37,601$30,760$24,991$20,181$16,210$5,651
20 years$35,346$28,584$22,936$18,278$14,479$4,713
21 years$33,309$26,625$21,097$16,588$12,957$3,934
22 years$31,460$24,853$19,444$15,082$11,615$3,287
23 years$29,774$23,245$17,953$13,736$10,426$2,748
24 years$28,230$21,779$16,603$12,528$9,371$2,299
25 years$26,813$20,438$15,378$11,441$8,432$1,924
26 years$25,506$19,209$14,262$10,461$7,596$1,611
27 years$24,299$18,078$13,244$9,575$6,848$1,349
28 years$23,179$17,034$12,312$8,773$6,179$1,130
29 years$22,139$16,070$11,457$8,045$5,580$947
30 years$21,170$15,176$10,672$7,383$5,042$794
31 years$20,265$14,347$9,949$6,781$4,558$665
32 years$19,418$13,575$9,283$6,232$4,123$558
33 years$18,625$12,856$8,667$5,731$3,731$468
34 years$17,880$12,184$8,098$5,273$3,378$392
35 years$17,178$11,557$7,571$4,854$3,060$329
36 years$16,518$10,969$7,083$4,470$2,772$276
37 years$15,894$10,418$6,629$4,119$2,513$231
38 years$15,305$9,901$6,208$3,796$2,278$194
39 years$14,747$9,415$5,816$3,501$2,066$163
40 years$14,218$8,957$5,452$3,229$1,874$136
41 years$13,717$8,527$5,112$2,979$1,700$114
42 years$13,241$8,120$4,795$2,749$1,543$96
43 years$12,788$7,737$4,500$2,538$1,400$81
44 years$12,357$7,375$4,224$2,343$1,271$68
45 years$11,946$7,033$3,966$2,164$1,154$57
46 years$11,554$6,709$3,725$1,999$1,047$48
47 years$11,180$6,402$3,499$1,847$951$40
48 years$10,823$6,112$3,288$1,707$864$33
49 years$10,481$5,837$3,091$1,577$784$28
50 years$10,154$5,575$2,906$1,458$713$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $10,400,000, adding $3,512 every year, while hoping to spend $31,622 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: 51/27/22 Blend
50$10,400,000$10,400,000$10,400,000$10,400,000
51$11,464,423$10,913,223$10,752,023$11,978,611
52$12,600,148$11,414,325$11,078,570$12,835,792
53$13,850,658$11,938,921$11,414,997$13,763,756
54$15,227,626$12,488,130$11,761,600$14,772,078
55$16,743,918$13,063,122$12,118,688$15,868,392
56$18,413,708$13,665,126$12,486,574$17,061,084
57$20,252,617$14,295,428$12,865,585$18,359,371
58$22,277,857$14,955,377$13,256,055$19,773,385
59$24,508,395$15,646,387$13,658,330$21,314,265
60$26,965,131$16,369,939$14,072,764$22,994,257
61$29,671,096$17,127,588$14,499,723$24,826,828
62$32,651,668$17,920,960$14,939,584$26,826,789
63$35,934,813$18,751,762$15,392,735$29,010,428
64$39,551,349$19,621,783$15,859,576$31,395,663
65$43,535,233$20,532,897$16,340,518$34,002,204
66$47,923,887$21,487,069$16,835,986$36,851,736
67$52,758,548$22,486,360$17,346,416$39,968,117
68$58,084,657$23,532,929$17,872,258$43,377,599
69$63,952,288$24,629,038$18,413,975$47,109,073
70$70,416,622$25,777,062$18,972,043$51,194,331
71$77,538,466$26,979,486$19,546,955$55,668,364
72$85,384,827$28,238,919$20,139,216$60,569,686
73$94,029,547$29,558,093$20,749,347$65,940,690
74$103,553,995$30,939,873$21,377,884$71,828,040
75$114,047,839$32,387,265$22,025,380$78,283,109
76$125,609,894$33,903,415$22,692,405$85,362,452
77$138,349,046$35,491,626$23,379,544$93,128,337
78$152,385,291$37,155,358$24,087,401$101,649,318
79$167,850,860$38,898,239$24,816,598$111,000,883
80$184,891,467$40,724,073$25,567,774$121,266,149
81$203,667,691$42,636,846$26,341,589$132,536,643
82$224,356,485$44,640,741$27,138,721$144,913,155
83$247,152,848$46,740,139$27,959,870$158,506,679
84$272,271,668$48,939,636$28,805,755$173,439,452
85$299,949,749$51,244,048$29,677,119$189,846,095
86$330,448,044$53,658,428$30,574,723$207,874,875
87$364,054,124$56,188,070$31,499,355$227,689,089
88$401,084,886$58,838,526$32,451,825$249,468,597
89$441,889,548$61,615,618$33,432,965$273,411,506
90$486,852,947$64,525,448$34,443,634$299,736,025
91$536,399,169$67,574,416$35,484,717$328,682,513
92$590,995,552$70,769,231$36,557,124$360,515,731
93$651,157,103$74,116,928$37,661,792$395,527,328
94$717,451,352$77,624,882$38,799,686$434,038,577
95$790,503,715$81,300,826$39,971,801$476,403,391
96$871,003,397$85,152,870$41,179,160$523,011,646
97$959,709,899$89,189,516$42,422,817$574,292,845
98$1,057,460,185$93,419,678$43,703,857$630,720,150
99$1,165,176,585$97,852,705$45,023,398$692,814,832
100$1,283,875,506$102,498,396$46,382,591$761,151,170