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%14.8%
1 years$858,822$851,172$843,709$836,424$829,311$812,899
2 years$425,160$417,241$409,567$402,127$394,910$378,444
3 years$280,624$272,672$265,017$257,647$250,547$234,542
4 years$208,371$200,443$192,865$185,620$178,692$163,270
5 years$165,030$157,149$149,671$142,574$135,839$121,044
6 years$136,145$128,324$120,956$114,017$107,485$93,333
7 years$115,522$107,767$100,515$93,740$87,414$73,909
8 years$100,061$92,376$85,245$78,636$72,518$59,656
9 years$88,043$80,430$73,421$66,981$61,071$48,843
10 years$78,433$70,895$64,010$57,738$52,035$40,430
11 years$70,576$63,114$56,354$50,249$44,752$33,755
12 years$64,033$56,647$50,013$44,075$38,781$28,377
13 years$58,502$51,193$44,683$38,912$33,818$23,989
14 years$53,764$46,533$40,148$34,542$29,645$20,373
15 years$49,662$42,508$36,248$30,805$26,102$17,367
16 years$46,076$39,001$32,864$27,583$23,069$14,852
17 years$42,915$35,918$29,905$24,783$20,454$12,734
18 years$40,109$33,190$27,299$22,334$18,187$10,943
19 years$37,601$30,760$24,991$20,181$16,210$9,422
20 years$35,346$28,584$22,936$18,278$14,479$8,125
21 years$33,309$26,625$21,097$16,588$12,957$7,017
22 years$31,460$24,853$19,444$15,082$11,615$6,067
23 years$29,774$23,245$17,953$13,736$10,426$5,250
24 years$28,230$21,779$16,603$12,528$9,371$4,548
25 years$26,813$20,438$15,378$11,441$8,432$3,942
26 years$25,506$19,209$14,262$10,461$7,596$3,420
27 years$24,299$18,078$13,244$9,575$6,848$2,968
28 years$23,179$17,034$12,312$8,773$6,179$2,577
29 years$22,139$16,070$11,457$8,045$5,580$2,239
30 years$21,170$15,176$10,672$7,383$5,042$1,945
31 years$20,265$14,347$9,949$6,781$4,558$1,691
32 years$19,418$13,575$9,283$6,232$4,123$1,470
33 years$18,625$12,856$8,667$5,731$3,731$1,279
34 years$17,880$12,184$8,098$5,273$3,378$1,112
35 years$17,178$11,557$7,571$4,854$3,060$968
36 years$16,518$10,969$7,083$4,470$2,772$842
37 years$15,894$10,418$6,629$4,119$2,513$733
38 years$15,305$9,901$6,208$3,796$2,278$638
39 years$14,747$9,415$5,816$3,501$2,066$555
40 years$14,218$8,957$5,452$3,229$1,874$483
41 years$13,717$8,527$5,112$2,979$1,700$421
42 years$13,241$8,120$4,795$2,749$1,543$366
43 years$12,788$7,737$4,500$2,538$1,400$319
44 years$12,357$7,375$4,224$2,343$1,271$278
45 years$11,946$7,033$3,966$2,164$1,154$242
46 years$11,554$6,709$3,725$1,999$1,047$211
47 years$11,180$6,402$3,499$1,847$951$184
48 years$10,823$6,112$3,288$1,707$864$160
49 years$10,481$5,837$3,091$1,577$784$139
50 years$10,154$5,575$2,906$1,458$713$121

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 $5,041 every year, while hoping to spend $59,155 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: 47/36/17 Blend
50$10,400,000$10,400,000$10,400,000$10,400,000
51$11,466,000$10,914,800$10,753,600$11,949,548
52$12,572,591$11,386,685$11,050,905$12,757,990
53$13,790,073$11,879,709$11,356,187$13,628,536
54$15,129,692$12,394,847$11,669,651$14,572,135
55$16,603,843$12,933,116$11,991,507$15,595,628
56$18,226,181$13,495,585$12,321,969$16,706,528
57$20,011,753$14,083,371$12,661,257$17,913,090
58$21,977,139$14,697,643$13,009,595$19,224,382
59$24,140,606$15,339,626$13,367,216$20,650,368
60$26,522,283$16,010,603$13,734,352$22,202,002
61$29,144,350$16,711,917$14,111,248$23,891,319
62$32,031,247$17,444,974$14,498,148$25,731,553
63$35,209,904$18,211,248$14,895,305$27,737,254
64$38,709,995$19,012,280$15,302,979$29,924,418
65$42,564,219$19,849,686$15,721,434$32,310,638
66$46,808,607$20,725,158$16,150,939$34,915,263
67$51,482,862$21,640,468$16,591,772$37,759,574
68$56,630,733$22,597,470$17,044,216$40,866,983
69$62,300,431$23,598,110$17,508,561$44,263,243
70$68,545,080$24,644,421$17,985,102$47,976,690
71$75,423,217$25,738,537$18,474,142$52,038,503
72$82,999,350$26,882,691$18,975,991$56,482,991
73$91,344,563$28,079,221$19,490,966$61,347,910
74$100,537,184$29,330,579$20,019,389$66,674,811
75$110,663,531$30,639,331$20,561,592$72,509,430
76$121,818,718$32,008,166$21,117,913$78,902,106
77$134,107,561$33,439,900$21,688,697$85,908,251
78$147,645,562$34,937,484$22,274,297$93,588,864
79$162,559,997$36,504,009$22,875,074$102,011,099
80$178,991,125$38,142,713$23,491,397$111,248,889
81$197,093,503$39,856,989$24,123,642$121,383,633
82$217,037,450$41,650,391$24,772,194$132,504,956
83$239,010,652$43,526,643$25,437,445$144,711,543
84$263,219,935$45,489,645$26,119,796$158,112,063
85$289,893,217$47,543,486$26,819,658$172,826,179
86$319,281,656$49,692,448$27,537,447$188,985,666
87$351,662,025$51,941,018$28,273,591$206,735,647
88$387,339,321$54,293,897$29,028,526$226,235,943
89$426,649,646$56,756,012$29,802,696$247,662,576
90$469,963,378$59,332,525$30,596,555$271,209,406
91$517,688,668$62,028,844$31,410,565$297,089,958
92$570,275,292$64,850,638$32,245,198$325,539,411
93$628,218,896$67,803,844$33,100,937$356,816,807
94$692,065,678$70,894,686$33,978,272$391,207,482
95$762,417,537$74,129,685$34,877,705$429,025,735
96$839,937,762$77,515,677$35,799,744$470,617,780
97$925,357,290$81,059,821$36,744,912$516,364,996
98$1,019,481,605$84,769,624$37,713,738$566,687,502
99$1,123,198,343$88,652,949$38,706,762$622,048,106
100$1,237,485,671$92,718,041$39,724,536$682,956,651