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%18.4%
1 years$883,596$875,725$868,047$860,552$853,233$824,272
2 years$437,424$429,277$421,382$413,727$406,301$377,414
3 years$288,719$280,537$272,662$265,079$257,774$229,868
4 years$214,381$206,225$198,428$190,974$183,847$157,134
5 years$169,790$161,683$153,988$146,687$139,757$114,310
6 years$140,073$132,026$124,445$117,306$110,585$86,423
7 years$118,854$110,875$103,415$96,444$89,935$67,054
8 years$102,948$95,041$87,704$80,905$74,610$52,993
9 years$90,582$82,750$75,539$68,913$62,833$42,452
10 years$80,696$72,940$65,857$59,403$53,536$34,360
11 years$72,612$64,934$57,979$51,699$46,043$28,034
12 years$65,881$58,281$51,455$45,347$39,900$23,016
13 years$60,189$52,669$45,972$40,034$34,794$18,991
14 years$55,315$47,875$41,306$35,538$30,500$15,734
15 years$51,094$43,735$37,294$31,694$26,854$13,078
16 years$47,405$40,126$33,812$28,378$23,734$10,899
17 years$44,153$36,954$30,768$25,498$21,044$9,104
18 years$41,266$34,147$28,087$22,979$18,712$7,618
19 years$38,685$31,648$25,712$20,763$16,678$6,384
20 years$36,366$29,408$23,597$18,805$14,897$5,357
21 years$34,270$27,393$21,705$17,067$13,331$4,500
22 years$32,367$25,570$20,005$15,518$11,950$3,783
23 years$30,633$23,915$18,471$14,132$10,727$3,183
24 years$29,045$22,407$17,082$12,889$9,641$2,679
25 years$27,586$21,028$15,822$11,771$8,676$2,257
26 years$26,242$19,763$14,674$10,763$7,815$1,902
27 years$25,000$18,599$13,626$9,852$7,046$1,603
28 years$23,848$17,526$12,667$9,026$6,357$1,352
29 years$22,778$16,534$11,788$8,277$5,741$1,140
30 years$21,781$15,614$10,980$7,596$5,187$962
31 years$20,850$14,761$10,236$6,977$4,690$812
32 years$19,979$13,967$9,551$6,412$4,242$685
33 years$19,162$13,227$8,917$5,896$3,839$578
34 years$18,395$12,536$8,332$5,425$3,476$488
35 years$17,674$11,890$7,790$4,994$3,148$412
36 years$16,994$11,285$7,287$4,599$2,852$348
37 years$16,353$10,718$6,821$4,238$2,585$294
38 years$15,746$10,186$6,387$3,906$2,344$248
39 years$15,172$9,686$5,984$3,602$2,125$209
40 years$14,629$9,216$5,609$3,322$1,928$177
41 years$14,113$8,772$5,259$3,065$1,749$149
42 years$13,623$8,355$4,933$2,828$1,587$126
43 years$13,157$7,960$4,629$2,611$1,440$106
44 years$12,713$7,588$4,345$2,411$1,307$90
45 years$12,290$7,236$4,080$2,226$1,187$76
46 years$11,887$6,903$3,832$2,057$1,078$64
47 years$11,503$6,587$3,600$1,900$979$54
48 years$11,135$6,288$3,383$1,756$889$46
49 years$10,783$6,005$3,180$1,623$807$39
50 years$10,447$5,736$2,990$1,500$733$33

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 $4,571 every year, while hoping to spend $22,194 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: 57/32/11 Blend
50$10,700,000$10,700,000$10,700,000$10,700,000
51$11,796,115$11,229,015$11,063,165$12,436,318
52$12,975,704$11,755,622$11,410,167$13,395,681
53$14,274,868$12,307,290$11,768,049$14,437,665
54$15,705,779$12,885,222$12,137,154$15,572,499
55$17,281,852$13,490,681$12,517,831$16,809,073
56$19,017,868$14,124,991$12,910,446$18,157,156
57$20,930,115$14,789,540$13,315,370$19,627,490
58$23,036,543$15,485,784$13,732,991$21,231,882
59$25,356,930$16,215,247$14,163,706$22,983,311
60$27,913,073$16,979,530$14,607,926$24,896,054
61$30,728,989$17,780,310$15,066,075$26,985,808
62$33,831,145$18,619,344$15,538,587$29,269,837
63$37,248,707$19,498,477$16,025,915$31,767,132
64$41,013,814$20,419,641$16,528,522$34,498,582
65$45,161,882$21,384,863$17,046,887$37,487,170
66$49,731,940$22,396,267$17,581,503$40,758,178
67$54,766,996$23,456,082$18,132,882$44,339,429
68$60,314,443$24,566,644$18,701,547$48,261,537
69$66,426,508$25,730,401$19,288,040$52,558,189
70$73,160,743$26,949,922$19,892,921$57,266,464
71$80,580,570$28,227,899$20,516,765$62,427,168
72$88,755,879$29,567,157$21,160,167$68,085,218
73$97,763,686$30,970,655$21,823,740$74,290,053
74$107,688,862$32,441,497$22,508,116$81,096,100
75$118,624,935$33,982,940$23,213,947$88,563,272
76$130,674,969$35,598,395$23,941,905$96,757,533
77$143,952,541$37,291,441$24,692,684$105,751,502
78$158,582,810$39,065,832$25,466,999$115,625,140
79$174,703,701$40,925,501$26,265,587$126,466,487
80$192,467,204$42,874,576$27,089,209$138,372,486
81$212,040,811$44,917,383$27,938,651$151,449,887
82$233,609,098$47,058,459$28,814,720$165,816,245
83$257,375,465$49,302,562$29,718,251$181,601,015
84$283,564,055$51,654,680$30,650,105$198,946,763
85$312,421,874$54,120,045$31,611,169$218,010,502
86$344,221,121$56,704,144$32,602,359$238,965,155
87$379,261,756$59,412,727$33,624,619$262,001,178
88$417,874,334$62,251,829$34,678,922$287,328,341
89$460,423,122$65,227,775$35,766,272$315,177,694
90$507,309,544$68,347,199$36,887,706$345,803,731
91$558,975,963$71,617,058$38,044,289$379,486,775
92$615,909,863$75,044,646$39,237,126$416,535,609
93$678,648,450$78,637,614$40,467,350$457,290,370
94$747,783,719$82,403,985$41,736,134$502,125,741
95$823,968,050$86,352,171$43,044,685$551,454,468
96$907,920,359$90,490,996$44,394,251$605,731,236
97$1,000,432,893$94,829,712$45,786,115$665,456,939
98$1,102,378,702$99,378,021$47,221,603$731,183,382
99$1,214,719,885$104,146,100$48,702,083$803,518,470
100$1,338,516,673$109,144,619$50,228,962$883,131,918