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%17%
1 years$900,112$892,094$884,272$876,637$869,181$844,404
2 years$445,600$437,301$429,258$421,460$413,896$389,126
3 years$294,116$285,781$277,758$270,033$262,593$238,606
4 years$218,389$210,079$202,137$194,544$187,283$164,265
5 years$172,964$164,705$156,867$149,428$142,370$120,382
6 years$142,691$134,494$126,772$119,499$112,652$91,715
7 years$121,076$112,948$105,348$98,247$91,616$71,730
8 years$104,872$96,817$89,343$82,417$76,005$57,158
9 years$92,275$84,297$76,951$70,201$64,007$46,181
10 years$82,204$74,303$67,088$60,514$54,537$37,708
11 years$73,969$66,148$59,063$52,665$46,904$31,044
12 years$67,112$59,371$52,417$46,194$40,646$25,725
13 years$61,314$53,654$46,831$40,783$35,444$21,429
14 years$56,349$48,770$42,078$36,202$31,070$17,927
15 years$52,049$44,552$37,991$32,286$27,356$15,049
16 years$48,291$40,876$34,444$28,909$24,178$12,669
17 years$44,978$37,645$31,343$25,974$21,438$10,691
18 years$42,037$34,786$28,612$23,408$19,061$9,040
19 years$39,408$32,239$26,193$21,151$16,990$7,657
20 years$37,046$29,958$24,039$19,156$15,176$6,494
21 years$34,911$27,905$22,111$17,386$13,580$5,514
22 years$32,972$26,048$20,379$15,808$12,173$4,687
23 years$31,205$24,362$18,816$14,396$10,927$3,987
24 years$29,588$22,826$17,402$13,130$9,822$3,394
25 years$28,102$21,421$16,117$11,991$8,838$2,891
26 years$26,733$20,132$14,948$10,964$7,961$2,464
27 years$25,467$18,947$13,881$10,036$7,177$2,100
28 years$24,294$17,853$12,904$9,195$6,476$1,791
29 years$23,203$16,843$12,008$8,432$5,848$1,528
30 years$22,188$15,906$11,185$7,738$5,284$1,304
31 years$21,239$15,037$10,428$7,107$4,777$1,113
32 years$20,352$14,228$9,729$6,532$4,321$950
33 years$19,520$13,474$9,084$6,006$3,911$812
34 years$18,739$12,770$8,488$5,526$3,541$693
35 years$18,004$12,112$7,935$5,087$3,207$592
36 years$17,312$11,496$7,423$4,685$2,906$506
37 years$16,658$10,919$6,948$4,317$2,634$432
38 years$16,041$10,377$6,507$3,979$2,388$369
39 years$15,456$9,867$6,096$3,669$2,165$315
40 years$14,902$9,388$5,714$3,384$1,964$269
41 years$14,376$8,936$5,358$3,122$1,782$230
42 years$13,877$8,511$5,026$2,881$1,617$197
43 years$13,403$8,109$4,716$2,660$1,467$168
44 years$12,951$7,730$4,427$2,456$1,332$144
45 years$12,520$7,371$4,157$2,268$1,209$123
46 years$12,110$7,032$3,904$2,095$1,098$105
47 years$11,718$6,710$3,668$1,936$997$90
48 years$11,343$6,406$3,447$1,789$905$77
49 years$10,985$6,117$3,240$1,653$822$65
50 years$10,642$5,843$3,046$1,528$747$56

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 $3,220 every year, while hoping to spend $44,431 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: 57/28/15 Blend
50$10,900,000$10,900,000$10,900,000$10,900,000
51$12,015,121$11,437,421$11,268,471$12,653,217
52$13,193,390$11,950,581$11,598,691$13,599,142
53$14,490,352$12,487,396$11,938,484$14,624,280
54$15,918,068$13,048,979$12,288,124$15,740,355
55$17,489,828$13,636,495$12,647,892$16,956,100
56$19,220,272$14,251,165$13,018,078$18,281,116
57$21,125,535$14,894,268$13,398,980$19,725,959
58$23,223,397$15,567,144$13,790,902$21,302,239
59$25,533,447$16,271,198$14,194,161$23,022,721
60$28,077,272$17,007,900$14,609,079$24,901,448
61$30,878,658$17,778,791$15,035,987$26,953,866
62$33,963,817$18,585,488$15,475,229$29,196,965
63$37,361,632$19,429,683$15,927,155$31,649,441
64$41,103,929$20,313,148$16,392,125$34,331,863
65$45,225,780$21,237,742$16,870,512$37,266,862
66$49,765,832$22,205,413$17,362,695$40,479,346
67$54,766,669$23,218,202$17,869,069$43,996,726
68$60,275,221$24,278,245$18,390,034$47,849,169
69$66,343,200$25,387,785$18,926,006$52,069,880
70$73,027,589$26,549,169$19,477,410$56,695,409
71$80,391,183$27,764,859$20,044,683$61,765,991
72$88,503,180$29,037,433$20,628,276$67,325,919
73$97,439,831$30,369,594$21,228,650$73,423,955
74$107,285,164$31,764,174$21,846,281$80,113,787
75$118,131,776$33,224,144$22,481,656$87,454,525
76$130,081,702$34,752,612$23,135,277$95,511,255
77$143,247,387$36,352,841$23,807,659$104,355,645
78$157,752,738$38,028,248$24,499,333$114,066,612
79$173,734,299$39,782,414$25,210,843$124,731,061
80$191,342,539$41,619,094$25,942,748$136,444,699
81$210,743,271$43,542,222$26,695,623$149,312,924
82$232,119,218$45,555,924$27,470,059$163,451,813
83$255,671,735$47,664,521$28,266,663$178,989,212
84$281,622,713$49,872,544$29,086,058$196,065,927
85$310,216,675$52,184,743$29,928,885$214,837,045
86$341,723,076$54,606,096$30,795,803$235,473,388
87$376,438,855$57,141,821$31,687,489$258,163,113
88$414,691,235$59,797,387$32,604,636$283,113,476
89$456,840,810$62,578,527$33,547,960$310,552,775
90$503,284,950$65,491,252$34,518,194$340,732,493
91$554,461,553$68,541,862$35,516,092$373,929,661
92$610,853,178$71,736,960$36,542,428$410,449,452
93$672,991,600$75,083,469$37,597,997$450,628,053
94$741,462,830$78,588,645$38,683,617$494,835,818
95$816,912,648$82,260,098$39,800,126$543,480,753
96$900,052,695$86,105,800$40,948,388$597,012,347
97$991,667,199$90,134,114$42,129,288$655,925,794
98$1,092,620,370$94,353,802$43,343,736$720,766,658
99$1,203,864,563$98,774,053$44,592,666$792,135,993
100$1,326,449,265$103,404,499$45,877,038$870,696,005