Can I retire at age 51 with 10,900,000?

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 $10,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$900,112$892,094$884,272$876,637$869,181$864,428
2 years$445,600$437,301$429,258$421,460$413,896$409,100
3 years$294,116$285,781$277,758$270,033$262,593$257,902
4 years$218,389$210,079$202,137$194,544$187,283$182,734
5 years$172,964$164,705$156,867$149,428$142,370$137,976
6 years$142,691$134,494$126,772$119,499$112,652$108,419
7 years$121,076$112,948$105,348$98,247$91,616$87,546
8 years$104,872$96,817$89,343$82,417$76,005$72,097
9 years$92,275$84,297$76,951$70,201$64,007$60,262
10 years$82,204$74,303$67,088$60,514$54,537$50,952
11 years$73,969$66,148$59,063$52,665$46,904$43,477
12 years$67,112$59,371$52,417$46,194$40,646$37,374
13 years$61,314$53,654$46,831$40,783$35,444$32,324
14 years$56,349$48,770$42,078$36,202$31,070$28,098
15 years$52,049$44,552$37,991$32,286$27,356$24,529
16 years$48,291$40,876$34,444$28,909$24,178$21,491
17 years$44,978$37,645$31,343$25,974$21,438$18,887
18 years$42,037$34,786$28,612$23,408$19,061$16,643
19 years$39,408$32,239$26,193$21,151$16,990$14,699
20 years$37,046$29,958$24,039$19,156$15,176$13,008
21 years$34,911$27,905$22,111$17,386$13,580$11,531
22 years$32,972$26,048$20,379$15,808$12,173$10,238
23 years$31,205$24,362$18,816$14,396$10,927$9,101
24 years$29,588$22,826$17,402$13,130$9,822$8,101
25 years$28,102$21,421$16,117$11,991$8,838$7,218
26 years$26,733$20,132$14,948$10,964$7,961$6,436
27 years$25,467$18,947$13,881$10,036$7,177$5,745
28 years$24,294$17,853$12,904$9,195$6,476$5,131
29 years$23,203$16,843$12,008$8,432$5,848$4,585
30 years$22,188$15,906$11,185$7,738$5,284$4,100
31 years$21,239$15,037$10,428$7,107$4,777$3,668
32 years$20,352$14,228$9,729$6,532$4,321$3,283
33 years$19,520$13,474$9,084$6,006$3,911$2,940
34 years$18,739$12,770$8,488$5,526$3,541$2,633
35 years$18,004$12,112$7,935$5,087$3,207$2,360
36 years$17,312$11,496$7,423$4,685$2,906$2,115
37 years$16,658$10,919$6,948$4,317$2,634$1,896
38 years$16,041$10,377$6,507$3,979$2,388$1,700
39 years$15,456$9,867$6,096$3,669$2,165$1,525
40 years$14,902$9,388$5,714$3,384$1,964$1,368
41 years$14,376$8,936$5,358$3,122$1,782$1,227
42 years$13,877$8,511$5,026$2,881$1,617$1,101
43 years$13,403$8,109$4,716$2,660$1,467$988
44 years$12,951$7,730$4,427$2,456$1,332$887
45 years$12,520$7,371$4,157$2,268$1,209$796
46 years$12,110$7,032$3,904$2,095$1,098$715
47 years$11,718$6,710$3,668$1,936$997$642
48 years$11,343$6,406$3,447$1,789$905$576
49 years$10,985$6,117$3,240$1,653$822$517
50 years$10,642$5,843$3,046$1,528$747$465

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $10,900,000, adding $5,088 every year, while hoping to spend $40,172 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: 63/10/27 Blend
50$10,900,000$10,900,000$10,900,000$10,900,000
51$12,017,048$11,439,348$11,270,398$12,687,481
52$13,200,044$11,957,134$11,605,214$13,660,286
53$14,502,360$12,498,944$11,949,899$14,717,555
54$15,936,123$13,065,914$12,304,743$15,871,561
55$17,514,697$13,659,234$12,670,042$17,131,787
56$19,252,808$14,280,148$13,046,100$18,508,675
57$21,166,682$14,929,963$13,433,232$20,013,713
58$23,274,199$15,610,047$13,831,761$21,659,549
59$25,595,061$16,321,833$14,242,018$23,460,104
60$28,150,978$17,066,823$14,664,347$25,430,704
61$30,965,873$17,846,593$15,099,097$27,588,221
62$34,066,107$18,662,791$15,546,633$29,951,230
63$37,480,729$19,517,147$16,007,324$32,540,185
64$41,241,749$20,411,473$16,481,555$35,377,606
65$45,384,440$21,347,667$16,969,719$38,488,289
66$49,947,670$22,327,720$17,472,222$41,899,543
67$54,974,271$23,353,717$17,989,480$45,641,439
68$60,511,441$24,427,844$18,521,922$49,747,094
69$66,611,191$25,552,392$19,069,990$54,252,980
70$73,330,835$26,729,761$19,634,137$59,199,267
71$80,733,529$27,962,468$20,214,830$64,630,196
72$88,888,871$29,253,151$20,812,549$70,594,497
73$97,873,555$30,604,574$21,427,787$77,145,842
74$107,772,094$32,019,635$22,061,054$84,343,354
75$118,677,619$33,501,369$22,712,872$92,252,153
76$130,692,761$35,052,961$23,383,778$100,943,975
77$143,930,613$36,677,746$24,074,325$110,497,841
78$158,515,803$38,379,223$24,785,082$121,000,802
79$174,585,666$40,161,056$25,516,633$132,548,751
80$192,291,545$42,027,089$26,269,581$145,247,331
81$211,800,215$43,981,348$27,044,545$159,212,922
82$233,295,459$46,028,057$27,842,159$174,573,740
83$256,979,804$48,171,640$28,663,080$191,471,036
84$283,076,432$50,416,738$29,507,981$210,060,432
85$311,831,283$52,768,213$30,377,553$230,513,378
86$343,515,382$55,231,163$31,272,509$253,018,770
87$378,427,394$57,810,934$32,193,582$277,784,725
88$416,896,445$60,513,126$33,141,523$305,040,538
89$459,285,227$63,343,614$34,117,109$335,038,846
90$505,993,423$66,308,554$35,121,135$368,058,001
91$557,461,480$69,414,401$36,154,421$404,404,693
92$614,174,766$72,667,922$37,217,809$444,416,839
93$676,668,151$76,076,209$38,312,165$488,466,765
94$745,531,060$79,646,701$39,438,380$536,964,713
95$821,413,033$83,387,194$40,597,370$590,362,707
96$905,029,858$87,305,862$41,790,077$649,158,810
97$997,170,328$91,411,274$43,017,470$713,901,821
98$1,098,703,691$95,712,416$44,280,545$785,196,443
99$1,210,587,849$100,218,706$45,580,325$863,708,984
100$1,333,878,407$104,940,020$46,917,863$950,173,639