Can I retire at age 51 with 10,700,000?

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 $10,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$883,596$875,725$868,047$860,552$853,233$831,931
2 years$437,424$429,277$421,382$413,727$406,301$384,975
3 years$288,719$280,537$272,662$265,079$257,774$237,090
4 years$214,381$206,225$198,428$190,974$183,847$163,964
5 years$169,790$161,683$153,988$146,687$139,757$120,732
6 years$140,073$132,026$124,445$117,306$110,585$92,435
7 years$118,854$110,875$103,415$96,444$89,935$72,663
8 years$102,948$95,041$87,704$80,905$74,610$58,208
9 years$90,582$82,750$75,539$68,913$62,833$47,286
10 years$80,696$72,940$65,857$59,403$53,536$38,828
11 years$72,612$64,934$57,979$51,699$46,043$32,151
12 years$65,881$58,281$51,455$45,347$39,900$26,800
13 years$60,189$52,669$45,972$40,034$34,794$22,461
14 years$55,315$47,875$41,306$35,538$30,500$18,906
15 years$51,094$43,735$37,294$31,694$26,854$15,972
16 years$47,405$40,126$33,812$28,378$23,734$13,533
17 years$44,153$36,954$30,768$25,498$21,044$11,495
18 years$41,266$34,147$28,087$22,979$18,712$9,785
19 years$38,685$31,648$25,712$20,763$16,678$8,343
20 years$36,366$29,408$23,597$18,805$14,897$7,125
21 years$34,270$27,393$21,705$17,067$13,331$6,092
22 years$32,367$25,570$20,005$15,518$11,950$5,214
23 years$30,633$23,915$18,471$14,132$10,727$4,467
24 years$29,045$22,407$17,082$12,889$9,641$3,830
25 years$27,586$21,028$15,822$11,771$8,676$3,286
26 years$26,242$19,763$14,674$10,763$7,815$2,820
27 years$25,000$18,599$13,626$9,852$7,046$2,422
28 years$23,848$17,526$12,667$9,026$6,357$2,081
29 years$22,778$16,534$11,788$8,277$5,741$1,789
30 years$21,781$15,614$10,980$7,596$5,187$1,538
31 years$20,850$14,761$10,236$6,977$4,690$1,322
32 years$19,979$13,967$9,551$6,412$4,242$1,138
33 years$19,162$13,227$8,917$5,896$3,839$979
34 years$18,395$12,536$8,332$5,425$3,476$842
35 years$17,674$11,890$7,790$4,994$3,148$725
36 years$16,994$11,285$7,287$4,599$2,852$624
37 years$16,353$10,718$6,821$4,238$2,585$537
38 years$15,746$10,186$6,387$3,906$2,344$462
39 years$15,172$9,686$5,984$3,602$2,125$398
40 years$14,629$9,216$5,609$3,322$1,928$343
41 years$14,113$8,772$5,259$3,065$1,749$295
42 years$13,623$8,355$4,933$2,828$1,587$254
43 years$13,157$7,960$4,629$2,611$1,440$219
44 years$12,713$7,588$4,345$2,411$1,307$188
45 years$12,290$7,236$4,080$2,226$1,187$162
46 years$11,887$6,903$3,832$2,057$1,078$140
47 years$11,503$6,587$3,600$1,900$979$120
48 years$11,135$6,288$3,383$1,756$889$104
49 years$10,783$6,005$3,180$1,623$807$89
50 years$10,447$5,736$2,990$1,500$733$77

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $10,700,000, adding $3,795 every year, while hoping to spend $39,128 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: 35/48/17 Blend
50$10,700,000$10,700,000$10,700,000$10,700,000
51$11,795,315$11,228,215$11,062,365$12,146,431
52$12,956,805$11,736,765$11,391,322$12,911,236
53$14,235,456$12,268,923$11,729,988$13,731,951
54$15,643,176$12,825,805$12,078,646$14,616,655
55$17,193,089$13,408,578$12,437,590$15,571,050
56$18,899,653$14,018,467$12,807,118$16,601,381
57$20,778,802$14,656,757$13,187,542$17,714,495
58$22,848,094$15,324,792$13,579,178$18,917,898
59$25,126,873$16,023,980$13,982,354$20,219,817
60$27,636,458$16,755,800$14,397,407$21,629,278
61$30,400,341$17,521,797$14,824,684$23,156,182
62$33,444,406$18,323,596$15,264,541$24,811,393
63$36,797,177$19,162,894$15,717,345$26,606,832
64$40,490,086$20,041,473$16,183,473$28,555,585
65$44,557,770$20,961,199$16,663,314$30,672,020
66$49,038,394$21,924,030$17,157,267$32,971,914
67$53,974,018$22,932,015$17,665,743$35,472,593
68$59,410,987$23,987,303$18,189,165$38,193,089
69$65,400,373$25,092,146$18,727,967$41,154,310
70$71,998,454$26,248,905$19,282,597$44,379,231
71$79,267,248$27,460,052$19,853,516$47,893,098
72$87,275,095$28,728,183$20,441,196$51,723,660
73$96,097,303$30,056,013$21,046,125$55,901,416
74$105,816,862$31,446,391$21,668,804$60,459,898
75$116,525,221$32,902,303$22,309,748$65,435,972
76$128,323,157$34,426,879$22,969,488$70,870,177
77$141,321,721$36,023,399$23,648,568$76,807,093
78$155,643,292$37,695,300$24,347,550$83,295,751
79$171,422,725$39,446,187$25,067,011$90,390,081
80$188,808,631$41,279,839$25,807,543$98,149,410
81$207,964,774$43,200,213$26,569,759$106,639,002
82$229,071,620$45,211,463$27,354,285$115,930,663
83$252,328,039$47,317,939$28,161,767$126,103,403
84$277,953,183$49,524,202$28,992,871$137,244,162
85$306,188,554$51,835,033$29,848,278$149,448,615
86$337,300,283$54,255,447$30,728,692$162,822,057
87$371,581,644$56,790,696$31,634,835$177,480,376
88$409,355,821$59,446,289$32,567,452$193,551,128
89$450,978,959$62,228,002$33,527,305$211,174,722
90$496,843,526$65,141,887$34,515,183$230,505,718
91$547,382,017$68,194,290$35,531,893$251,714,268
92$603,071,038$71,391,866$36,578,266$274,987,694
93$664,435,805$74,741,588$37,655,159$300,532,236
94$732,055,101$78,250,770$38,763,451$328,574,967
95$806,566,741$81,927,078$39,904,047$359,365,911
96$888,673,592$85,778,548$41,077,875$393,180,374
97$979,150,208$89,813,607$42,285,894$430,321,514
98$1,078,850,145$94,041,089$43,529,087$471,123,168
99$1,188,714,013$98,470,256$44,808,465$515,952,971
100$1,309,778,363$103,110,818$46,125,069$565,215,793