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%17.7%
1 years$900,112$892,094$884,272$876,637$869,181$842,033
2 years$445,600$437,301$429,258$421,460$413,896$386,786
3 years$294,116$285,781$277,758$270,033$262,593$236,371
4 years$218,389$210,079$202,137$194,544$187,283$162,152
5 years$172,964$164,705$156,867$149,428$142,370$118,396
6 years$142,691$134,494$126,772$119,499$112,652$89,857
7 years$121,076$112,948$105,348$98,247$91,616$69,998
8 years$104,872$96,817$89,343$82,417$76,005$55,548
9 years$92,275$84,297$76,951$70,201$64,007$44,690
10 years$82,204$74,303$67,088$60,514$54,537$36,331
11 years$73,969$66,148$59,063$52,665$46,904$29,776
12 years$67,112$59,371$52,417$46,194$40,646$24,560
13 years$61,314$53,654$46,831$40,783$35,444$20,362
14 years$56,349$48,770$42,078$36,202$31,070$16,952
15 years$52,049$44,552$37,991$32,286$27,356$14,160
16 years$48,291$40,876$34,444$28,909$24,178$11,861
17 years$44,978$37,645$31,343$25,974$21,438$9,958
18 years$42,037$34,786$28,612$23,408$19,061$8,377
19 years$39,408$32,239$26,193$21,151$16,990$7,057
20 years$37,046$29,958$24,039$19,156$15,176$5,954
21 years$34,911$27,905$22,111$17,386$13,580$5,028
22 years$32,972$26,048$20,379$15,808$12,173$4,250
23 years$31,205$24,362$18,816$14,396$10,927$3,596
24 years$29,588$22,826$17,402$13,130$9,822$3,044
25 years$28,102$21,421$16,117$11,991$8,838$2,578
26 years$26,733$20,132$14,948$10,964$7,961$2,185
27 years$25,467$18,947$13,881$10,036$7,177$1,852
28 years$24,294$17,853$12,904$9,195$6,476$1,571
29 years$23,203$16,843$12,008$8,432$5,848$1,332
30 years$22,188$15,906$11,185$7,738$5,284$1,131
31 years$21,239$15,037$10,428$7,107$4,777$959
32 years$20,352$14,228$9,729$6,532$4,321$814
33 years$19,520$13,474$9,084$6,006$3,911$691
34 years$18,739$12,770$8,488$5,526$3,541$587
35 years$18,004$12,112$7,935$5,087$3,207$498
36 years$17,312$11,496$7,423$4,685$2,906$423
37 years$16,658$10,919$6,948$4,317$2,634$359
38 years$16,041$10,377$6,507$3,979$2,388$305
39 years$15,456$9,867$6,096$3,669$2,165$259
40 years$14,902$9,388$5,714$3,384$1,964$220
41 years$14,376$8,936$5,358$3,122$1,782$187
42 years$13,877$8,511$5,026$2,881$1,617$159
43 years$13,403$8,109$4,716$2,660$1,467$135
44 years$12,951$7,730$4,427$2,456$1,332$115
45 years$12,520$7,371$4,157$2,268$1,209$97
46 years$12,110$7,032$3,904$2,095$1,098$83
47 years$11,718$6,710$3,668$1,936$997$70
48 years$11,343$6,406$3,447$1,789$905$60
49 years$10,985$6,117$3,240$1,653$822$51
50 years$10,642$5,843$3,046$1,528$747$43

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 $4,572 every year, while hoping to spend $57,854 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: 59/22/19 Blend
50$10,900,000$10,900,000$10,900,000$10,900,000
51$12,016,516$11,438,816$11,269,866$12,665,391
52$13,180,644$11,937,762$11,585,850$13,604,603
53$14,461,575$12,459,217$11,910,481$14,621,676
54$15,871,160$13,004,223$12,243,987$15,729,581
55$17,422,460$13,573,872$12,586,602$16,937,105
56$19,129,865$14,169,305$12,938,567$18,253,918
57$21,009,229$14,791,719$13,300,127$19,690,651
58$23,078,025$15,442,368$13,671,535$21,259,004
59$25,355,502$16,122,562$14,053,050$22,971,846
60$27,862,872$16,833,677$14,444,937$24,843,338
61$30,623,509$17,577,151$14,847,466$26,889,063
62$33,663,168$18,354,493$15,260,917$29,126,169
63$37,010,228$19,167,280$15,685,575$31,573,528
64$40,695,961$20,017,166$16,121,731$34,251,911
65$44,754,825$20,905,883$16,569,685$37,184,182
66$49,224,792$21,835,246$17,029,744$40,395,507
67$54,147,701$22,807,154$17,502,222$43,913,590
68$59,569,660$23,823,598$17,987,439$47,768,933
69$65,541,474$24,886,662$18,485,727$51,995,114
70$72,119,128$25,998,532$18,997,422$56,629,103
71$79,364,313$27,161,495$19,522,871$61,711,608
72$87,345,013$28,377,947$20,062,426$67,287,452
73$96,136,138$29,650,401$20,616,451$73,405,992
74$105,820,238$30,981,485$21,185,317$80,121,582
75$116,488,281$32,373,956$21,769,403$87,494,075
76$128,240,507$33,830,701$22,369,100$95,589,390
77$141,187,379$35,354,745$22,984,804$104,480,124
78$155,450,621$36,949,257$23,616,925$114,246,232
79$171,164,370$38,617,557$24,265,878$124,975,776
80$188,476,443$40,363,124$24,932,092$136,765,749
81$207,549,726$42,189,603$25,616,002$149,722,984
82$228,563,717$44,100,813$26,318,058$163,965,158
83$251,716,219$46,100,756$27,038,716$179,621,890
84$277,225,205$48,193,624$27,778,444$196,835,964
85$305,330,876$50,383,812$28,537,723$215,764,661
86$336,297,930$52,675,924$29,317,041$236,581,242
87$370,418,058$55,074,782$30,116,900$259,476,569
88$408,012,697$57,585,444$30,937,813$284,660,905
89$449,436,067$60,213,206$31,780,305$312,365,880
90$495,078,512$62,963,619$32,644,912$342,846,677
91$545,370,186$65,842,502$33,532,182$376,384,422
92$600,785,111$68,855,951$34,442,676$413,288,833
93$661,845,654$72,010,354$35,376,967$453,901,131
94$729,127,457$75,312,407$36,335,642$498,597,246
95$803,264,870$78,769,128$37,319,299$547,791,359
96$884,956,942$82,387,871$38,328,550$601,939,794
97$974,974,015$86,176,341$39,364,022$661,545,315
98$1,074,165,001$90,142,618$40,426,353$727,161,858
99$1,183,465,392$94,295,167$41,516,197$799,399,743
100$1,303,906,093$98,642,862$42,634,220$878,931,424