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%18.5%
1 years$858,822$851,172$843,709$836,424$829,311$800,842
2 years$425,160$417,241$409,567$402,127$394,910$366,518
3 years$280,624$272,672$265,017$257,647$250,547$223,124
4 years$208,371$200,443$192,865$185,620$178,692$152,448
5 years$165,030$157,149$149,671$142,574$135,839$110,842
6 years$136,145$128,324$120,956$114,017$107,485$83,755
7 years$115,522$107,767$100,515$93,740$87,414$64,947
8 years$100,061$92,376$85,245$78,636$72,518$51,297
9 years$88,043$80,430$73,421$66,981$61,071$41,069
10 years$78,433$70,895$64,010$57,738$52,035$33,220
11 years$70,576$63,114$56,354$50,249$44,752$27,085
12 years$64,033$56,647$50,013$44,075$38,781$22,223
13 years$58,502$51,193$44,683$38,912$33,818$18,324
14 years$53,764$46,533$40,148$34,542$29,645$15,170
15 years$49,662$42,508$36,248$30,805$26,102$12,601
16 years$46,076$39,001$32,864$27,583$23,069$10,494
17 years$42,915$35,918$29,905$24,783$20,454$8,759
18 years$40,109$33,190$27,299$22,334$18,187$7,324
19 years$37,601$30,760$24,991$20,181$16,210$6,133
20 years$35,346$28,584$22,936$18,278$14,479$5,142
21 years$33,309$26,625$21,097$16,588$12,957$4,316
22 years$31,460$24,853$19,444$15,082$11,615$3,626
23 years$29,774$23,245$17,953$13,736$10,426$3,048
24 years$28,230$21,779$16,603$12,528$9,371$2,564
25 years$26,813$20,438$15,378$11,441$8,432$2,158
26 years$25,506$19,209$14,262$10,461$7,596$1,817
27 years$24,299$18,078$13,244$9,575$6,848$1,530
28 years$23,179$17,034$12,312$8,773$6,179$1,289
29 years$22,139$16,070$11,457$8,045$5,580$1,087
30 years$21,170$15,176$10,672$7,383$5,042$916
31 years$20,265$14,347$9,949$6,781$4,558$772
32 years$19,418$13,575$9,283$6,232$4,123$651
33 years$18,625$12,856$8,667$5,731$3,731$549
34 years$17,880$12,184$8,098$5,273$3,378$463
35 years$17,178$11,557$7,571$4,854$3,060$391
36 years$16,518$10,969$7,083$4,470$2,772$329
37 years$15,894$10,418$6,629$4,119$2,513$278
38 years$15,305$9,901$6,208$3,796$2,278$234
39 years$14,747$9,415$5,816$3,501$2,066$198
40 years$14,218$8,957$5,452$3,229$1,874$167
41 years$13,717$8,527$5,112$2,979$1,700$141
42 years$13,241$8,120$4,795$2,749$1,543$119
43 years$12,788$7,737$4,500$2,538$1,400$100
44 years$12,357$7,375$4,224$2,343$1,271$85
45 years$11,946$7,033$3,966$2,164$1,154$71
46 years$11,554$6,709$3,725$1,999$1,047$60
47 years$11,180$6,402$3,499$1,847$951$51
48 years$10,823$6,112$3,288$1,707$864$43
49 years$10,481$5,837$3,091$1,577$784$36
50 years$10,154$5,575$2,906$1,458$713$31

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 $3,161 every year, while hoping to spend $38,053 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: 71/19/10 Blend
50$10,400,000$10,400,000$10,400,000$10,400,000
51$11,464,061$10,912,861$10,751,661$12,255,659
52$12,592,907$11,407,103$11,071,353$13,274,161
53$13,835,620$11,924,287$11,400,480$14,383,688
54$15,203,774$12,465,498$11,739,317$15,597,159
55$16,710,123$13,031,872$12,088,148$16,924,807
56$18,368,720$13,624,598$12,447,265$18,377,897
57$20,195,049$14,244,923$12,816,969$19,968,823
58$22,206,176$14,894,156$13,197,569$21,711,228
59$24,420,900$15,573,664$13,589,382$23,620,130
60$26,859,942$16,284,884$13,992,737$25,712,061
61$29,546,132$17,029,319$14,407,969$28,005,216
62$32,504,628$17,808,546$14,835,426$30,519,631
63$35,763,150$18,624,215$15,275,463$33,277,361
64$39,352,248$19,478,058$15,728,448$36,302,691
65$43,305,584$20,371,889$16,194,757$39,622,360
66$47,660,251$21,307,610$16,674,779$43,265,809
67$52,457,126$22,287,211$17,168,913$47,265,461
68$57,741,250$23,312,782$17,677,570$51,657,015
69$63,562,261$24,386,512$18,201,172$56,479,787
70$69,974,854$25,510,693$18,740,153$61,777,076
71$77,039,302$26,687,731$19,294,962$67,596,567
72$84,822,026$27,920,144$19,866,057$73,990,776
73$93,396,215$29,210,574$20,453,913$81,017,545
74$102,842,526$30,561,789$21,059,016$88,740,584
75$113,249,837$31,976,690$21,681,866$97,230,062
76$124,716,091$33,458,318$22,322,980$106,563,272
77$137,349,218$35,009,862$22,982,885$116,825,352
78$151,268,155$36,634,662$23,662,129$128,110,081
79$166,603,967$38,336,220$24,361,270$140,520,764
80$183,501,085$40,118,209$25,080,886$154,171,198
81$202,118,670$41,984,475$25,821,570$169,186,743
82$222,632,114$43,939,054$26,583,932$185,705,495
83$245,234,695$45,986,173$27,368,600$203,879,589
84$270,139,404$48,130,265$28,176,217$223,876,621
85$297,580,952$50,375,977$29,007,450$245,881,230
86$327,817,989$52,728,180$29,862,979$270,096,831
87$361,135,543$55,191,980$30,743,508$296,747,526
88$397,847,711$57,772,730$31,649,758$326,080,212
89$438,300,625$60,476,041$32,582,473$358,366,905
90$482,875,718$63,307,796$33,542,415$393,907,299
91$531,993,327$66,274,164$34,530,371$433,031,583
92$586,116,656$69,381,608$35,547,149$476,103,550
93$645,756,155$72,636,907$36,593,578$523,524,025
94$711,474,335$76,047,167$37,670,515$575,734,630
95$783,891,077$79,619,838$38,778,837$633,221,951
96$863,689,487$83,362,731$39,919,449$696,522,113
97$951,622,343$87,284,033$41,093,279$766,225,833
98$1,048,519,201$91,392,329$42,301,282$842,983,982
99$1,155,294,227$95,696,621$43,544,443$927,513,719
100$1,272,954,826$100,206,344$44,823,770$1,020,605,243