Can I retire at age 51 with 10,600,000?

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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$875,338$867,541$859,934$852,509$845,259$822,490
2 years$433,336$425,265$417,444$409,860$402,504$379,728
3 years$286,021$277,916$270,114$262,601$255,365$233,294
4 years$212,378$204,297$196,574$189,189$182,129$160,932
5 years$168,204$160,172$152,549$145,316$138,451$118,188
6 years$138,764$130,792$123,282$116,210$109,552$90,241
7 years$117,743$109,839$102,448$95,543$89,095$70,737
8 years$101,985$94,152$86,884$80,148$73,913$56,499
9 years$89,736$81,977$74,833$68,269$62,245$45,760
10 years$79,942$72,258$65,241$58,848$53,036$37,458
11 years$71,933$64,327$57,438$51,216$45,613$30,917
12 years$65,265$57,737$50,974$44,923$39,527$25,688
13 years$59,627$52,177$45,542$39,660$34,468$21,456
14 years$54,798$47,428$40,920$35,206$30,215$17,999
15 years$50,617$43,326$36,945$31,398$26,603$15,152
16 years$46,962$39,751$33,496$28,113$23,512$12,793
17 years$43,741$36,609$30,480$25,259$20,848$10,827
18 years$40,880$33,828$27,824$22,764$18,537$9,182
19 years$38,324$31,352$25,472$20,569$16,522$7,800
20 years$36,026$29,134$23,377$18,629$14,758$6,636
21 years$33,950$27,137$21,502$16,907$13,207$5,652
22 years$32,065$25,331$19,818$15,373$11,838$4,819
23 years$30,346$23,692$18,298$14,000$10,626$4,112
24 years$28,773$22,198$16,923$12,769$9,551$3,512
25 years$27,328$20,831$15,674$11,661$8,595$3,001
26 years$25,997$19,578$14,537$10,662$7,742$2,565
27 years$24,766$18,425$13,499$9,760$6,980$2,194
28 years$23,625$17,362$12,549$8,942$6,298$1,878
29 years$22,565$16,379$11,678$8,200$5,687$1,607
30 years$21,577$15,468$10,877$7,525$5,139$1,376
31 years$20,655$14,623$10,141$6,912$4,646$1,178
32 years$19,792$13,836$9,461$6,352$4,202$1,009
33 years$18,983$13,103$8,834$5,841$3,803$865
34 years$18,223$12,419$8,254$5,374$3,443$741
35 years$17,509$11,779$7,717$4,947$3,119$635
36 years$16,835$11,180$7,219$4,556$2,826$544
37 years$16,200$10,618$6,757$4,198$2,561$467
38 years$15,599$10,091$6,328$3,869$2,322$400
39 years$15,031$9,596$5,928$3,568$2,106$343
40 years$14,492$9,130$5,556$3,291$1,910$294
41 years$13,981$8,690$5,210$3,036$1,733$252
42 years$13,495$8,277$4,887$2,802$1,572$216
43 years$13,034$7,886$4,586$2,587$1,427$185
44 years$12,594$7,517$4,305$2,388$1,295$159
45 years$12,176$7,168$4,042$2,206$1,176$136
46 years$11,776$6,838$3,796$2,037$1,068$117
47 years$11,395$6,526$3,567$1,882$969$100
48 years$11,031$6,230$3,352$1,739$880$86
49 years$10,683$5,949$3,150$1,607$800$74
50 years$10,349$5,683$2,962$1,486$726$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $10,600,000, adding $2,158 every year, while hoping to spend $57,757 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: 32/46/22 Blend
50$10,600,000$10,600,000$10,600,000$10,600,000
51$11,683,426$11,121,626$10,957,326$11,977,901
52$12,813,682$11,605,133$11,262,943$12,683,257
53$14,057,289$12,110,395$11,576,863$13,437,109
54$15,425,747$12,638,419$11,899,303$14,247,913
55$16,931,728$13,190,257$12,230,484$15,120,695
56$18,589,195$13,767,010$12,570,636$16,060,963
57$20,413,532$14,369,832$12,919,991$17,074,753
58$22,421,690$14,999,932$13,278,789$18,168,680
59$24,632,349$15,658,575$13,647,275$19,349,997
60$27,066,091$16,347,087$14,025,700$20,626,659
61$29,745,593$17,066,855$14,414,322$22,007,392
62$32,695,845$17,819,333$14,813,403$23,501,769
63$35,944,383$18,606,042$15,223,214$25,120,296
64$39,521,549$19,428,577$15,644,031$26,874,505
65$43,460,778$20,288,608$16,076,137$28,777,058
66$47,798,911$21,187,884$16,519,821$30,841,855
67$52,576,545$22,128,235$16,975,381$33,084,165
68$57,838,415$23,111,582$17,443,119$35,520,757
69$63,633,817$24,139,933$17,923,347$38,170,056
70$70,017,070$25,215,393$18,416,382$41,052,306
71$77,048,032$26,340,168$18,922,552$44,189,753
72$84,792,663$27,516,567$19,442,189$47,606,847
73$93,323,646$28,747,011$19,975,634$51,330,466
74$102,721,077$30,034,033$20,523,236$55,390,156
75$113,073,216$31,380,290$21,085,354$59,818,405
76$124,477,322$32,788,563$21,662,352$64,650,936
77$137,040,573$34,261,766$22,254,604$69,927,036
78$150,881,072$35,802,953$22,862,494$75,689,913
79$166,128,966$37,415,323$23,486,412$81,987,094
80$182,927,673$39,102,226$24,126,760$88,870,864
81$201,435,235$40,867,175$24,783,946$96,398,742
82$221,825,810$42,713,847$25,458,389$104,634,014
83$244,291,316$44,646,099$26,150,518$113,646,315
84$269,043,240$46,667,968$26,860,770$123,512,273
85$296,314,638$48,783,686$27,589,594$134,316,216
86$326,362,332$50,997,687$28,337,446$146,150,955
87$359,469,334$53,314,617$29,104,794$159,118,640
88$395,947,518$55,739,346$29,892,117$173,331,707
89$436,140,565$58,276,974$30,699,903$188,913,927
90$480,427,205$60,932,848$31,528,652$206,001,547
91$529,224,791$63,712,569$32,378,873$224,744,562
92$582,993,243$66,622,008$33,251,088$245,308,111
93$642,239,383$69,667,316$34,145,830$267,874,009
94$707,521,726$72,854,940$35,063,641$292,642,445
95$779,455,747$76,191,637$36,005,077$319,833,848
96$858,719,692$79,684,486$36,970,706$349,690,939
97$946,060,982$83,340,908$37,961,107$382,481,003
98$1,042,303,268$87,168,678$38,976,870$418,498,378
99$1,148,354,206$91,175,948$40,018,599$458,067,211
100$1,265,214,023$95,371,257$41,086,911$501,544,484