Can I retire at age 51 with 10,500,000?

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 $10,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$867,080$859,357$851,821$844,466$837,285$818,374
2 years$429,248$421,253$413,506$405,993$398,707$379,756
3 years$283,323$275,294$267,565$260,124$252,956$234,557
4 years$210,374$202,370$194,719$187,405$180,410$162,704
5 years$166,617$158,661$151,110$143,945$137,145$120,182
6 years$137,455$129,558$122,119$115,114$108,518$92,316
7 years$116,633$108,803$101,482$94,641$88,254$72,816
8 years$101,023$93,264$86,065$79,392$73,216$58,535
9 years$88,889$81,203$74,127$67,625$61,658$47,724
10 years$79,187$71,577$64,626$58,293$52,536$39,333
11 years$71,255$63,720$56,896$50,732$45,183$32,694
12 years$64,649$57,192$50,493$44,499$39,154$27,361
13 years$59,064$51,685$45,113$39,286$34,143$23,022
14 years$54,281$46,980$40,534$34,874$29,930$19,459
15 years$50,139$42,917$36,597$31,101$26,353$16,508
16 years$46,519$39,376$33,180$27,848$23,290$14,047
17 years$43,328$36,264$30,193$25,021$20,651$11,984
18 years$40,494$33,509$27,562$22,549$18,362$10,246
19 years$37,962$31,056$25,232$20,375$16,366$8,776
20 years$35,686$28,859$23,156$18,453$14,619$7,528
21 years$33,630$26,881$21,299$16,748$13,082$6,466
22 years$31,762$25,092$19,631$15,227$11,726$5,560
23 years$30,060$23,468$18,125$13,868$10,526$4,786
24 years$28,502$21,988$16,763$12,648$9,461$4,123
25 years$27,071$20,635$15,526$11,551$8,514$3,554
26 years$25,752$19,393$14,399$10,562$7,669$3,066
27 years$24,532$18,251$13,371$9,668$6,914$2,646
28 years$23,402$17,198$12,430$8,858$6,239$2,284
29 years$22,352$16,225$11,567$8,123$5,633$1,973
30 years$21,373$15,322$10,775$7,454$5,090$1,705
31 years$20,460$14,485$10,045$6,846$4,602$1,473
32 years$19,605$13,706$9,372$6,292$4,163$1,273
33 years$18,804$12,979$8,751$5,786$3,767$1,101
34 years$18,051$12,301$8,176$5,324$3,411$952
35 years$17,344$11,668$7,644$4,901$3,089$824
36 years$16,676$11,074$7,151$4,513$2,799$712
37 years$16,047$10,518$6,693$4,158$2,537$616
38 years$15,452$9,996$6,268$3,833$2,300$533
39 years$14,889$9,505$5,872$3,534$2,086$461
40 years$14,355$9,043$5,504$3,260$1,892$399
41 years$13,849$8,608$5,161$3,008$1,716$346
42 years$13,368$8,198$4,841$2,776$1,557$299
43 years$12,911$7,811$4,543$2,562$1,413$259
44 years$12,475$7,446$4,264$2,366$1,283$224
45 years$12,061$7,100$4,004$2,185$1,165$194
46 years$11,665$6,773$3,761$2,018$1,057$168
47 years$11,288$6,464$3,533$1,865$960$145
48 years$10,927$6,171$3,320$1,723$872$126
49 years$10,582$5,893$3,121$1,592$792$109
50 years$10,252$5,629$2,934$1,472$719$94

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $10,500,000, adding $4,642 every year, while hoping to spend $47,932 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: 52/31/17 Blend
50$10,500,000$10,500,000$10,500,000$10,500,000
51$11,575,788$11,019,288$10,856,538$12,123,838
52$12,705,519$11,508,234$11,169,233$12,989,282
53$13,948,877$12,019,532$11,490,797$13,924,660
54$15,317,399$12,554,226$11,821,475$14,940,977
55$16,823,802$13,113,411$12,161,523$16,045,918
56$18,482,094$13,698,233$12,511,198$17,247,931
57$20,307,714$14,309,892$12,870,770$18,556,299
58$22,317,671$14,949,647$13,240,511$19,981,227
59$24,530,709$15,618,815$13,620,703$21,533,933
60$26,967,480$16,318,776$14,011,636$23,226,754
61$29,650,743$17,050,976$14,413,606$25,073,251
62$32,605,575$17,816,931$14,826,918$27,088,343
63$35,859,610$18,618,226$15,251,886$29,288,435
64$39,443,297$19,456,526$15,688,830$31,691,573
65$43,390,188$20,333,571$16,138,081$34,317,610
66$47,737,259$21,251,187$16,599,978$37,188,386
67$52,525,251$22,211,287$17,074,869$40,327,930
68$57,799,059$23,215,873$17,563,110$43,762,686
69$63,608,158$24,267,045$18,065,069$47,521,749
70$70,007,063$25,367,003$18,581,122$51,637,142
71$77,055,849$26,518,052$19,111,655$56,144,107
72$84,820,715$27,722,606$19,657,064$61,081,435
73$93,374,610$28,983,196$20,217,758$66,491,822
74$102,797,921$30,302,473$20,794,154$72,422,270
75$113,179,231$31,683,217$21,386,681$78,924,519
76$124,616,157$33,128,339$21,995,779$86,055,532
77$137,216,268$34,640,890$22,621,900$93,878,022
78$151,098,101$36,224,068$23,265,508$102,461,038
79$166,392,283$37,881,223$23,927,078$111,880,607
80$183,242,761$39,615,868$24,607,100$122,220,445
81$201,808,159$41,431,682$25,306,074$133,572,734
82$222,263,279$43,332,521$26,024,515$146,038,988
83$244,800,747$45,322,429$26,762,950$159,730,998
84$269,632,836$47,405,640$27,521,922$174,771,875
85$296,993,463$49,586,595$28,301,984$191,297,208
86$327,140,404$51,869,946$29,103,709$209,456,323
87$360,357,722$54,260,570$29,927,679$229,413,690
88$396,958,449$56,763,578$30,774,496$251,350,457
89$437,287,545$59,384,326$31,644,775$275,466,150
90$481,725,147$62,128,431$32,539,148$301,980,539
91$530,690,163$65,001,776$33,458,261$331,135,705
92$584,644,227$68,010,530$34,402,780$363,198,304
93$644,096,051$71,161,158$35,373,386$398,462,071
94$709,606,231$74,460,438$36,370,778$437,250,578
95$781,792,540$77,915,473$37,395,672$479,920,269
96$861,335,757$81,533,708$38,448,804$526,863,808
97$948,986,093$85,322,949$39,530,928$578,513,769
98$1,045,570,277$89,291,377$40,642,817$635,346,696
99$1,151,999,358$93,447,566$41,785,264$697,887,584
100$1,269,277,303$97,800,508$42,959,081$766,714,815