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%17.1%
1 years$867,080$859,357$851,821$844,466$837,285$813,090
2 years$429,248$421,253$413,506$405,993$398,707$374,523
3 years$283,323$275,294$267,565$260,124$252,956$229,541
4 years$210,374$202,370$194,719$187,405$180,410$157,944
5 years$166,617$158,661$151,110$143,945$137,145$115,689
6 years$137,455$129,558$122,119$115,114$108,518$88,091
7 years$116,633$108,803$101,482$94,641$88,254$68,857
8 years$101,023$93,264$86,065$79,392$73,216$54,836
9 years$88,889$81,203$74,127$67,625$61,658$44,278
10 years$79,187$71,577$64,626$58,293$52,536$36,132
11 years$71,255$63,720$56,896$50,732$45,183$29,728
12 years$64,649$57,192$50,493$44,499$39,154$24,618
13 years$59,064$51,685$45,113$39,286$34,143$20,493
14 years$54,281$46,980$40,534$34,874$29,930$17,132
15 years$50,139$42,917$36,597$31,101$26,353$14,371
16 years$46,519$39,376$33,180$27,848$23,290$12,090
17 years$43,328$36,264$30,193$25,021$20,651$10,195
18 years$40,494$33,509$27,562$22,549$18,362$8,614
19 years$37,962$31,056$25,232$20,375$16,366$7,290
20 years$35,686$28,859$23,156$18,453$14,619$6,178
21 years$33,630$26,881$21,299$16,748$13,082$5,242
22 years$31,762$25,092$19,631$15,227$11,726$4,452
23 years$30,060$23,468$18,125$13,868$10,526$3,784
24 years$28,502$21,988$16,763$12,648$9,461$3,219
25 years$27,071$20,635$15,526$11,551$8,514$2,740
26 years$25,752$19,393$14,399$10,562$7,669$2,333
27 years$24,532$18,251$13,371$9,668$6,914$1,987
28 years$23,402$17,198$12,430$8,858$6,239$1,694
29 years$22,352$16,225$11,567$8,123$5,633$1,444
30 years$21,373$15,322$10,775$7,454$5,090$1,231
31 years$20,460$14,485$10,045$6,846$4,602$1,050
32 years$19,605$13,706$9,372$6,292$4,163$896
33 years$18,804$12,979$8,751$5,786$3,767$764
34 years$18,051$12,301$8,176$5,324$3,411$652
35 years$17,344$11,668$7,644$4,901$3,089$556
36 years$16,676$11,074$7,151$4,513$2,799$475
37 years$16,047$10,518$6,693$4,158$2,537$405
38 years$15,452$9,996$6,268$3,833$2,300$346
39 years$14,889$9,505$5,872$3,534$2,086$295
40 years$14,355$9,043$5,504$3,260$1,892$252
41 years$13,849$8,608$5,161$3,008$1,716$215
42 years$13,368$8,198$4,841$2,776$1,557$184
43 years$12,911$7,811$4,543$2,562$1,413$157
44 years$12,475$7,446$4,264$2,366$1,283$134
45 years$12,061$7,100$4,004$2,185$1,165$114
46 years$11,665$6,773$3,761$2,018$1,057$98
47 years$11,288$6,464$3,533$1,865$960$83
48 years$10,927$6,171$3,320$1,723$872$71
49 years$10,582$5,893$3,121$1,592$792$61
50 years$10,252$5,629$2,934$1,472$719$52

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 $6,871 every year, while hoping to spend $57,035 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: 42/48/10 Blend
50$10,500,000$10,500,000$10,500,000$10,500,000
51$11,578,087$11,021,587$10,858,837$12,030,158
52$12,698,368$11,500,960$11,161,924$12,826,091
53$13,931,005$12,001,911$11,473,252$13,681,153
54$15,287,399$12,525,437$11,793,038$14,605,739
55$16,780,112$13,072,581$12,121,502$15,606,213
56$18,422,983$13,644,437$12,458,873$16,689,554
57$20,231,263$14,242,151$12,805,381$17,863,422
58$22,221,756$14,866,920$13,161,265$19,136,221
59$24,412,976$15,520,000$13,526,768$20,517,180
60$26,825,326$16,202,706$13,902,141$22,016,428
61$29,481,285$16,916,415$14,287,639$23,645,091
62$32,405,625$17,662,569$14,683,524$25,415,387
63$35,625,642$18,442,677$15,090,065$27,340,737
64$39,171,411$19,258,322$15,507,536$29,435,888
65$43,076,075$20,111,160$15,936,219$31,717,041
66$47,376,155$21,002,926$16,376,401$34,202,004
67$52,111,891$21,935,438$16,828,379$36,910,349
68$57,327,628$22,910,600$17,292,455$39,863,588
69$63,072,231$23,930,404$17,768,937$43,085,375
70$69,399,545$24,996,940$18,258,143$46,601,717
71$76,368,904$26,112,395$18,760,396$50,441,210
72$84,045,692$27,279,062$19,276,029$54,635,305
73$92,501,958$28,499,342$19,805,381$59,218,595
74$101,817,096$29,775,748$20,348,800$64,229,128
75$112,078,597$31,110,917$20,906,641$69,708,761
76$123,382,870$32,507,607$21,479,270$75,703,545
77$135,836,154$33,968,712$22,067,057$82,264,147
78$149,555,523$35,497,260$22,670,384$89,446,318
79$164,669,986$37,096,425$23,289,642$97,311,406
80$181,321,708$38,769,533$23,925,228$105,926,928
81$199,667,350$40,520,068$24,577,551$115,367,190
82$219,879,549$42,351,680$25,247,028$125,713,975
83$242,148,545$44,268,195$25,934,086$137,057,306
84$266,683,978$46,273,619$26,639,160$149,496,275
85$293,716,870$48,372,151$27,362,697$163,139,969
86$323,501,796$50,568,193$28,105,153$178,108,478
87$356,319,298$52,866,353$28,866,994$194,534,019
88$392,478,525$55,271,463$29,648,697$212,562,160
89$432,320,155$57,788,585$30,450,749$232,353,181
90$476,219,609$60,423,024$31,273,647$254,083,563
91$524,590,595$63,180,338$32,117,901$277,947,640
92$577,889,015$66,066,354$32,984,030$304,159,408
93$636,617,264$69,087,174$33,872,564$332,954,525
94$701,328,977$72,249,198$34,784,047$364,592,514
95$772,634,252$75,559,128$35,719,032$399,359,184
96$851,205,412$79,023,991$36,678,086$437,569,312
97$937,783,347$82,651,150$37,661,785$479,569,577
98$1,033,184,514$86,448,322$38,670,720$525,741,817
99$1,138,308,639$90,423,594$39,705,494$576,506,595
100$1,254,147,213$94,585,443$40,766,720$632,327,144