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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.8%
1 years$858,822$851,172$843,709$836,424$829,311$803,085
2 years$425,160$417,241$409,567$402,127$394,910$368,726
3 years$280,624$272,672$265,017$257,647$250,547$225,226
4 years$208,371$200,443$192,865$185,620$178,692$154,428
5 years$165,030$157,149$149,671$142,574$135,839$112,697
6 years$136,145$128,324$120,956$114,017$107,485$85,485
7 years$115,522$107,767$100,515$93,740$87,414$66,554
8 years$100,061$92,376$85,245$78,636$72,518$52,784
9 years$88,043$80,430$73,421$66,981$61,071$42,440
10 years$78,433$70,895$64,010$57,738$52,035$34,480
11 years$70,576$63,114$56,354$50,249$44,752$28,241
12 years$64,033$56,647$50,013$44,075$38,781$23,279
13 years$58,502$51,193$44,683$38,912$33,818$19,287
14 years$53,764$46,533$40,148$34,542$29,645$16,045
15 years$49,662$42,508$36,248$30,805$26,102$13,394
16 years$46,076$39,001$32,864$27,583$23,069$11,211
17 years$42,915$35,918$29,905$24,783$20,454$9,406
18 years$40,109$33,190$27,299$22,334$18,187$7,906
19 years$37,601$30,760$24,991$20,181$16,210$6,656
20 years$35,346$28,584$22,936$18,278$14,479$5,610
21 years$33,309$26,625$21,097$16,588$12,957$4,735
22 years$31,460$24,853$19,444$15,082$11,615$3,999
23 years$29,774$23,245$17,953$13,736$10,426$3,381
24 years$28,230$21,779$16,603$12,528$9,371$2,860
25 years$26,813$20,438$15,378$11,441$8,432$2,420
26 years$25,506$19,209$14,262$10,461$7,596$2,049
27 years$24,299$18,078$13,244$9,575$6,848$1,736
28 years$23,179$17,034$12,312$8,773$6,179$1,471
29 years$22,139$16,070$11,457$8,045$5,580$1,247
30 years$21,170$15,176$10,672$7,383$5,042$1,057
31 years$20,265$14,347$9,949$6,781$4,558$896
32 years$19,418$13,575$9,283$6,232$4,123$760
33 years$18,625$12,856$8,667$5,731$3,731$645
34 years$17,880$12,184$8,098$5,273$3,378$547
35 years$17,178$11,557$7,571$4,854$3,060$464
36 years$16,518$10,969$7,083$4,470$2,772$394
37 years$15,894$10,418$6,629$4,119$2,513$334
38 years$15,305$9,901$6,208$3,796$2,278$283
39 years$14,747$9,415$5,816$3,501$2,066$241
40 years$14,218$8,957$5,452$3,229$1,874$204
41 years$13,717$8,527$5,112$2,979$1,700$173
42 years$13,241$8,120$4,795$2,749$1,543$147
43 years$12,788$7,737$4,500$2,538$1,400$125
44 years$12,357$7,375$4,224$2,343$1,271$106
45 years$11,946$7,033$3,966$2,164$1,154$90
46 years$11,554$6,709$3,725$1,999$1,047$76
47 years$11,180$6,402$3,499$1,847$951$65
48 years$10,823$6,112$3,288$1,707$864$55
49 years$10,481$5,837$3,091$1,577$784$47
50 years$10,154$5,575$2,906$1,458$713$40

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 $3,046 every year, while hoping to spend $50,793 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: 50/40/10 Blend
50$10,400,000$10,400,000$10,400,000$10,400,000
51$11,463,942$10,912,742$10,751,542$12,006,558
52$12,579,221$11,393,423$11,057,675$12,858,638
53$13,806,555$11,895,955$11,372,362$13,778,411
54$15,157,322$12,421,355$11,695,834$14,776,702
55$16,644,056$12,970,688$12,028,331$15,860,890
56$18,280,569$13,545,071$12,370,099$17,039,079
57$20,082,078$14,145,671$12,721,389$18,320,171
58$22,065,353$14,773,712$13,082,459$19,713,945
59$24,248,872$15,430,477$13,453,574$21,231,149
60$26,652,995$16,117,308$13,835,007$22,883,593
61$29,300,157$16,835,612$14,227,036$24,684,257
62$32,215,078$17,586,863$14,629,947$26,647,411
63$35,425,001$18,372,603$15,044,034$28,788,742
64$38,959,940$19,194,450$15,469,599$31,125,500
65$42,852,974$20,054,098$15,906,950$33,676,653
66$47,140,549$20,953,321$16,356,405$36,463,060
67$51,862,830$21,893,978$16,818,289$39,507,666
68$57,064,072$22,878,016$17,292,935$42,835,708
69$62,793,044$23,907,476$17,780,685$46,474,949
70$69,103,487$24,984,495$18,281,891$50,455,934
71$76,054,621$26,111,313$18,796,913$54,812,269
72$83,711,701$27,290,277$19,326,118$59,580,933
73$92,146,638$28,523,844$19,869,887$64,802,621
74$101,438,674$29,814,591$20,428,606$70,522,115
75$111,675,129$31,165,216$21,002,675$76,788,703
76$122,952,229$32,578,548$21,592,501$83,656,634
77$135,376,009$34,057,550$22,198,502$91,185,622
78$149,063,318$35,605,326$22,821,108$99,441,395
79$164,142,919$37,225,130$23,460,759$108,496,316
80$180,756,708$38,920,372$24,117,905$118,430,043
81$199,061,045$40,694,624$24,793,008$129,330,281
82$219,228,241$42,551,629$25,486,543$141,293,592
83$241,448,174$44,495,311$26,198,994$154,426,295
84$265,930,087$46,529,781$26,930,860$168,845,461
85$292,904,563$48,659,348$27,682,652$184,680,000
86$322,625,699$50,888,526$28,454,890$202,071,870
87$355,373,503$53,222,047$29,248,112$221,177,397
88$391,456,543$55,664,870$30,062,867$242,168,738
89$431,214,854$58,222,192$30,899,716$265,235,492
90$475,023,150$60,899,459$31,759,237$290,586,473
91$523,294,359$63,702,381$32,642,020$318,451,660
92$576,483,526$66,636,940$33,548,669$349,084,356
93$635,092,101$69,709,406$34,479,806$382,763,556
94$699,672,680$72,926,351$35,436,064$419,796,564
95$770,834,216$76,294,665$36,418,094$460,521,870
96$849,247,768$79,821,565$37,426,562$505,312,327
97$935,652,838$83,514,620$38,462,150$554,578,648
98$1,030,864,353$87,381,762$39,525,557$608,773,256
99$1,135,780,352$91,431,303$40,617,499$668,394,536
100$1,251,390,470$95,671,959$41,738,707$733,991,508