Can I retire at age 51 with 10,800,000?

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 $10,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$891,854$883,910$876,159$868,594$861,207$839,366
2 years$441,512$433,289$425,320$417,593$410,099$388,236
3 years$291,417$283,159$275,210$267,556$260,183$238,983
4 years$216,385$208,152$200,283$192,759$185,565$165,190
5 years$171,377$163,194$155,427$148,057$141,064$121,570
6 years$141,382$133,260$125,608$118,403$111,619$93,026
7 years$119,965$111,911$104,381$97,345$90,776$73,086
8 years$103,910$95,929$88,524$81,661$75,307$58,512
9 years$91,429$83,523$76,245$69,557$63,420$47,505
10 years$81,450$73,622$66,472$59,959$54,037$38,983
11 years$73,291$65,541$58,521$52,182$46,473$32,259
12 years$66,496$58,826$51,936$45,771$40,273$26,873
13 years$60,752$53,162$46,401$40,409$35,119$22,506
14 years$55,832$48,322$41,692$35,870$30,785$18,932
15 years$51,572$44,143$37,642$31,990$27,105$15,982
16 years$47,848$40,501$34,128$28,644$23,956$13,532
17 years$44,566$37,300$31,055$25,736$21,241$11,486
18 years$41,651$34,467$28,349$23,193$18,886$9,770
19 years$39,047$31,943$25,953$20,957$16,834$8,324
20 years$36,706$29,683$23,818$18,981$15,036$7,103
21 years$34,590$27,649$21,908$17,226$13,456$6,069
22 years$32,670$25,809$20,192$15,663$12,061$5,190
23 years$30,919$24,139$18,643$14,264$10,827$4,443
24 years$29,316$22,616$17,242$13,010$9,731$3,806
25 years$27,844$21,224$15,970$11,881$8,757$3,263
26 years$26,487$19,948$14,811$10,864$7,888$2,799
27 years$25,233$18,773$13,753$9,944$7,112$2,402
28 years$24,071$17,690$12,785$9,111$6,417$2,062
29 years$22,991$16,688$11,898$8,355$5,794$1,771
30 years$21,984$15,760$11,082$7,667$5,235$1,521
31 years$21,044$14,899$10,332$7,042$4,733$1,307
32 years$20,165$14,097$9,640$6,472$4,282$1,123
33 years$19,341$13,350$9,001$5,951$3,875$965
34 years$18,567$12,653$8,410$5,476$3,508$830
35 years$17,839$12,001$7,863$5,041$3,178$714
36 years$17,153$11,391$7,355$4,642$2,879$614
37 years$16,505$10,819$6,884$4,277$2,609$528
38 years$15,893$10,282$6,447$3,942$2,366$454
39 years$15,314$9,777$6,040$3,635$2,145$391
40 years$14,765$9,302$5,661$3,353$1,946$336
41 years$14,245$8,854$5,309$3,093$1,765$289
42 years$13,750$8,433$4,980$2,855$1,602$249
43 years$13,280$8,035$4,673$2,635$1,454$214
44 years$12,832$7,659$4,386$2,433$1,320$184
45 years$12,405$7,303$4,118$2,247$1,198$158
46 years$11,998$6,967$3,868$2,076$1,088$136
47 years$11,610$6,649$3,634$1,918$988$117
48 years$11,239$6,347$3,415$1,772$897$101
49 years$10,884$6,061$3,210$1,638$815$87
50 years$10,545$5,790$3,018$1,514$740$75

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $10,800,000, adding $6,882 every year, while hoping to spend $25,723 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: 81/13/6 Blend
50$10,800,000$10,800,000$10,800,000$10,800,000
51$11,908,699$11,336,299$11,168,899$12,867,811
52$13,096,017$11,864,408$11,515,688$14,024,294
53$14,403,580$12,417,533$11,873,232$15,289,130
54$15,843,624$12,996,872$12,241,865$16,676,487
55$17,429,636$13,603,681$12,621,930$18,198,595
56$19,176,475$14,239,277$13,013,780$19,868,919
57$21,100,515$14,905,042$13,417,782$21,702,288
58$23,219,801$15,602,422$13,834,311$23,715,027
59$25,554,216$16,332,936$14,263,755$25,925,117
60$28,125,670$17,098,173$14,706,515$28,352,356
61$30,958,307$17,899,802$15,163,002$31,018,550
62$34,078,733$18,739,572$15,633,641$33,947,712
63$37,516,267$19,619,314$16,118,872$37,166,291
64$41,303,217$20,540,952$16,619,145$40,703,414
65$45,475,186$21,506,498$17,134,926$44,591,165
66$50,071,404$22,518,066$17,666,696$48,864,882
67$55,135,106$23,577,870$18,214,949$53,563,488
68$60,713,933$24,688,232$18,780,196$58,729,856
69$66,860,384$25,851,586$19,362,963$64,411,214
70$73,632,313$27,070,483$19,963,791$70,659,584
71$81,093,471$28,347,599$20,583,241$77,532,273
72$89,314,114$29,685,740$21,221,888$85,092,409
73$98,371,659$31,087,847$21,880,327$93,409,536
74$108,351,420$32,557,003$22,559,170$102,560,265
75$119,347,412$34,096,442$23,259,048$112,628,995
76$131,463,234$35,709,555$23,980,613$123,708,705
77$144,813,056$37,399,895$24,724,536$135,901,830
78$159,522,688$39,171,190$25,491,508$149,321,224
79$175,730,771$41,027,347$26,282,242$164,091,216
80$193,590,087$42,972,465$27,097,475$180,348,788
81$213,268,999$45,010,838$27,937,963$198,244,857
82$234,953,041$47,146,973$28,804,488$217,945,697
83$258,846,668$49,385,592$29,697,856$239,634,504
84$285,175,191$51,731,649$30,618,897$263,513,121
85$314,186,898$54,190,337$31,568,467$289,803,936
86$346,155,399$56,767,101$32,547,448$318,751,978
87$381,382,213$59,467,652$33,556,751$350,627,223
88$420,199,609$62,297,977$34,597,312$385,727,136
89$462,973,746$65,264,355$35,670,100$424,379,475
90$510,108,130$68,373,370$36,776,109$466,945,375
91$562,047,418$71,631,925$37,916,369$513,822,755
92$619,281,625$75,047,259$39,091,937$565,450,061
93$682,350,740$78,626,964$40,303,906$622,310,404
94$751,849,830$82,378,999$41,553,401$684,936,108
95$828,434,655$86,311,713$42,841,583$753,913,727
96$912,827,861$90,433,858$44,169,647$829,889,579
97$1,005,825,799$94,754,614$45,538,827$913,575,830
98$1,108,306,046$99,283,606$46,950,393$1,005,757,215
99$1,221,235,688$104,030,927$48,405,656$1,107,298,432
100$1,345,680,450$109,007,165$49,905,968$1,219,152,296