Can I retire at age 51 with 11,000,000?

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 $11,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$908,370$900,278$892,384$884,679$877,155$844,690
2 years$449,688$441,313$433,196$425,327$417,693$385,351
3 years$296,814$288,403$280,307$272,511$265,002$233,801
4 years$220,392$212,007$203,991$196,329$189,001$159,179
5 years$174,551$166,216$158,306$150,799$143,676$115,310
6 years$144,000$135,728$127,935$120,595$113,686$86,796
7 years$122,187$113,984$106,314$99,148$92,457$67,037
8 years$105,834$97,705$90,163$83,173$76,702$52,728
9 years$93,122$85,070$77,657$70,845$64,594$42,034
10 years$82,958$74,985$67,703$61,069$55,037$33,850
11 years$74,648$66,755$59,605$53,148$47,334$27,474
12 years$67,728$59,915$52,898$46,618$41,019$22,437
13 years$61,877$54,146$47,261$41,157$35,769$18,412
14 years$56,866$49,217$42,464$36,534$31,355$15,169
15 years$52,527$44,961$38,339$32,582$27,607$12,537
16 years$48,734$41,251$34,760$29,174$24,400$10,388
17 years$45,391$37,990$31,630$26,213$21,634$8,626
18 years$42,423$35,105$28,874$23,623$19,236$7,175
19 years$39,770$32,535$26,433$21,345$17,146$5,977
20 years$37,386$30,233$24,259$19,332$15,315$4,984
21 years$35,231$28,161$22,314$17,545$13,705$4,161
22 years$33,275$26,287$20,566$15,953$12,285$3,476
23 years$31,491$24,586$18,989$14,528$11,027$2,906
24 years$29,859$23,035$17,561$13,251$9,912$2,431
25 years$28,360$21,617$16,265$12,101$8,919$2,035
26 years$26,978$20,317$15,085$11,065$8,034$1,704
27 years$25,701$19,121$14,008$10,128$7,243$1,427
28 years$24,517$18,017$13,022$9,279$6,536$1,195
29 years$23,416$16,997$12,118$8,509$5,902$1,002
30 years$22,391$16,052$11,288$7,809$5,332$839
31 years$21,434$15,175$10,523$7,172$4,821$704
32 years$20,539$14,358$9,818$6,592$4,361$590
33 years$19,699$13,597$9,167$6,061$3,947$495
34 years$18,911$12,887$8,565$5,577$3,573$415
35 years$18,169$12,223$8,008$5,134$3,236$348
36 years$17,471$11,602$7,491$4,728$2,932$292
37 years$16,811$11,019$7,012$4,357$2,658$245
38 years$16,188$10,472$6,566$4,016$2,409$205
39 years$15,598$9,958$6,152$3,702$2,185$172
40 years$15,039$9,474$5,766$3,415$1,982$144
41 years$14,508$9,018$5,407$3,151$1,798$121
42 years$14,005$8,589$5,072$2,908$1,632$102
43 years$13,526$8,183$4,759$2,684$1,481$85
44 years$13,070$7,801$4,467$2,478$1,344$71
45 years$12,635$7,439$4,195$2,289$1,220$60
46 years$12,221$7,096$3,940$2,114$1,108$50
47 years$11,825$6,772$3,701$1,953$1,006$42
48 years$11,447$6,465$3,478$1,805$914$35
49 years$11,086$6,173$3,269$1,668$830$30
50 years$10,740$5,897$3,074$1,542$754$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,000,000, adding $3,455 every year, while hoping to spend $28,551 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: 64/7/29 Blend
50$11,000,000$11,000,000$11,000,000$11,000,000
51$12,125,564$11,542,564$11,372,064$12,807,587
52$13,331,993$12,077,771$11,722,650$13,805,495
53$14,660,522$12,638,247$12,084,024$14,892,020
54$16,123,573$13,225,199$12,456,517$16,078,700
55$17,734,837$13,839,894$12,840,470$17,375,385
56$19,509,400$14,483,658$13,236,235$18,792,920
57$21,463,885$15,157,884$13,644,175$20,343,239
58$23,616,611$15,864,029$14,064,664$22,039,479
59$25,987,761$16,603,623$14,498,087$23,896,106
60$28,599,580$17,378,268$14,944,840$25,929,044
61$31,476,578$18,189,644$15,405,333$28,155,826
62$34,645,765$19,039,513$15,879,988$30,595,756
63$38,136,905$19,929,720$16,369,238$33,270,093
64$41,982,794$20,862,201$16,873,533$36,202,244
65$46,219,576$21,838,986$17,393,333$39,417,988
66$50,887,077$22,862,201$17,929,115$42,945,712
67$56,029,187$23,934,076$18,481,368$46,816,681
68$61,694,268$25,056,950$19,050,597$51,065,328
69$67,935,615$26,233,273$19,637,324$55,729,577
70$74,811,958$27,465,614$20,242,085$60,851,198
71$82,388,017$28,756,667$20,865,434$66,476,201
72$90,735,108$30,109,258$21,507,939$72,655,262
73$99,931,823$31,526,345$22,170,190$79,444,204
74$110,064,768$33,011,035$22,852,790$86,904,517
75$121,229,380$34,566,582$23,556,364$95,103,939
76$133,530,829$36,196,397$24,281,555$104,117,086
77$147,085,013$37,904,059$25,029,025$114,026,160
78$162,019,645$39,693,318$25,799,458$124,921,716
79$178,475,466$41,568,108$26,593,558$136,903,515
80$196,607,570$43,532,553$27,412,049$150,081,462
81$216,586,868$45,590,974$28,255,679$164,576,639
82$238,601,703$47,747,906$29,125,218$180,522,443
83$262,859,625$50,008,101$30,021,461$198,065,844
84$289,589,351$52,376,543$30,945,225$217,368,763
85$319,042,929$54,858,457$31,897,353$238,609,598
86$351,498,108$57,459,322$32,878,715$261,984,906
87$387,260,969$60,184,882$33,890,206$287,711,249
88$426,668,808$63,041,162$34,932,748$316,027,234
89$470,093,324$66,034,477$36,007,293$347,195,763
90$517,944,127$69,171,450$37,114,821$381,506,504
91$570,672,602$72,459,024$38,256,341$419,278,623
92$628,776,173$75,904,483$39,432,894$460,863,793
93$692,803,000$79,515,460$40,645,554$506,649,499
94$763,357,151$83,299,963$41,895,425$557,062,700
95$841,104,305$87,266,385$43,183,646$612,573,842
96$926,778,038$91,423,532$44,511,392$673,701,301
97$1,021,186,745$95,780,632$45,879,871$741,016,264
98$1,125,221,278$100,347,368$47,290,331$815,148,114
99$1,239,863,347$105,133,888$48,744,056$896,790,362
100$1,366,194,797$110,150,837$50,242,370$986,707,191