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%17%
1 years$875,338$867,541$859,934$852,509$845,259$821,164
2 years$433,336$425,265$417,444$409,860$402,504$378,417
3 years$286,021$277,916$270,114$262,601$255,365$232,039
4 years$212,378$204,297$196,574$189,189$182,129$159,744
5 years$168,204$160,172$152,549$145,316$138,451$117,068
6 years$138,764$130,792$123,282$116,210$109,552$89,191
7 years$117,743$109,839$102,448$95,543$89,095$69,756
8 years$101,985$94,152$86,884$80,148$73,913$55,585
9 years$89,736$81,977$74,833$68,269$62,245$44,910
10 years$79,942$72,258$65,241$58,848$53,036$36,670
11 years$71,933$64,327$57,438$51,216$45,613$30,190
12 years$65,265$57,737$50,974$44,923$39,527$25,017
13 years$59,627$52,177$45,542$39,660$34,468$20,840
14 years$54,798$47,428$40,920$35,206$30,215$17,433
15 years$50,617$43,326$36,945$31,398$26,603$14,635
16 years$46,962$39,751$33,496$28,113$23,512$12,321
17 years$43,741$36,609$30,480$25,259$20,848$10,397
18 years$40,880$33,828$27,824$22,764$18,537$8,791
19 years$38,324$31,352$25,472$20,569$16,522$7,446
20 years$36,026$29,134$23,377$18,629$14,758$6,315
21 years$33,950$27,137$21,502$16,907$13,207$5,362
22 years$32,065$25,331$19,818$15,373$11,838$4,558
23 years$30,346$23,692$18,298$14,000$10,626$3,877
24 years$28,773$22,198$16,923$12,769$9,551$3,300
25 years$27,328$20,831$15,674$11,661$8,595$2,811
26 years$25,997$19,578$14,537$10,662$7,742$2,396
27 years$24,766$18,425$13,499$9,760$6,980$2,043
28 years$23,625$17,362$12,549$8,942$6,298$1,742
29 years$22,565$16,379$11,678$8,200$5,687$1,486
30 years$21,577$15,468$10,877$7,525$5,139$1,268
31 years$20,655$14,623$10,141$6,912$4,646$1,083
32 years$19,792$13,836$9,461$6,352$4,202$924
33 years$18,983$13,103$8,834$5,841$3,803$789
34 years$18,223$12,419$8,254$5,374$3,443$674
35 years$17,509$11,779$7,717$4,947$3,119$576
36 years$16,835$11,180$7,219$4,556$2,826$492
37 years$16,200$10,618$6,757$4,198$2,561$420
38 years$15,599$10,091$6,328$3,869$2,322$359
39 years$15,031$9,596$5,928$3,568$2,106$307
40 years$14,492$9,130$5,556$3,291$1,910$262
41 years$13,981$8,690$5,210$3,036$1,733$224
42 years$13,495$8,277$4,887$2,802$1,572$191
43 years$13,034$7,886$4,586$2,587$1,427$163
44 years$12,594$7,517$4,305$2,388$1,295$140
45 years$12,176$7,168$4,042$2,206$1,176$119
46 years$11,776$6,838$3,796$2,037$1,068$102
47 years$11,395$6,526$3,567$1,882$969$87
48 years$11,031$6,230$3,352$1,739$880$75
49 years$10,683$5,949$3,150$1,607$800$64
50 years$10,349$5,683$2,962$1,486$726$54

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 $2,766 every year, while hoping to spend $56,540 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: 51/33/16 Blend
50$10,600,000$10,600,000$10,600,000$10,600,000
51$11,684,053$11,122,253$10,957,953$12,228,659
52$12,815,668$11,607,085$11,264,886$13,087,873
53$14,060,814$12,113,779$11,580,207$14,015,352
54$15,431,009$12,643,347$11,904,136$15,022,459
55$16,938,948$13,196,847$12,236,901$16,116,730
56$18,598,616$13,775,389$12,578,733$17,306,449
57$20,425,426$14,380,134$12,929,872$18,600,719
58$22,436,358$15,012,298$13,290,560$20,009,546
59$24,650,122$15,673,156$13,661,050$21,543,927
60$27,087,335$16,364,042$14,041,596$23,215,954
61$29,770,716$17,086,353$14,432,462$25,038,922
62$32,725,297$17,841,551$14,833,917$27,027,451
63$35,978,660$18,631,171$15,246,236$29,197,620
64$39,561,201$19,456,816$15,669,703$31,567,114
65$43,506,413$20,320,169$16,104,607$34,155,386
66$47,851,199$21,222,989$16,551,244$36,983,837
67$52,636,229$22,167,123$17,009,918$40,076,012
68$57,906,314$23,154,502$17,480,940$43,457,816
69$63,710,835$24,187,150$17,964,628$47,157,757
70$70,104,207$25,267,187$18,461,310$51,207,203
71$77,146,391$26,396,834$18,971,319$55,640,680
72$84,903,462$27,578,418$19,494,997$60,496,185
73$93,448,230$28,814,375$20,032,695$65,815,540
74$102,860,930$30,107,261$20,584,771$71,644,782
75$113,229,977$31,459,748$21,151,592$78,034,590
76$124,652,799$32,874,640$21,733,535$85,040,752
77$137,236,760$34,354,873$22,330,984$92,724,689
78$151,100,170$35,903,522$22,944,332$101,154,025
79$166,373,404$37,523,811$23,573,984$110,403,214
80$183,200,129$39,219,116$24,220,351$120,554,240
81$201,738,665$40,992,976$24,883,855$131,697,374
82$222,163,473$42,849,096$25,564,929$143,932,022
83$244,666,807$44,791,361$26,264,013$157,367,654
84$269,460,525$46,823,841$26,981,561$172,124,821
85$296,778,089$48,950,800$27,718,034$188,336,287
86$326,876,772$51,176,707$28,473,906$206,148,270
87$360,040,081$53,506,244$29,249,660$225,721,807
88$396,580,436$55,944,317$30,045,791$247,234,266
89$436,842,120$58,496,068$30,862,804$270,881,005
90$481,204,526$61,166,885$31,701,218$296,877,200
91$530,085,740$63,962,414$32,561,561$325,459,867
92$583,946,485$66,888,572$33,444,373$356,890,081
93$643,294,475$69,951,560$34,350,207$391,455,423
94$708,689,201$73,157,876$35,279,629$429,472,683
95$780,747,217$76,514,330$36,233,214$471,290,831
96$860,147,961$80,028,060$37,211,554$517,294,292
97$947,640,163$83,706,545$38,215,251$567,906,557
98$1,044,048,918$87,557,624$39,244,921$623,594,163
99$1,150,283,475$91,589,515$40,301,193$684,871,074
100$1,267,345,816$95,810,827$41,384,709$752,303,511