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

Use the below retirement simulation to view the chances of a successful retirement.
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%16.8%
1 years$908,370$900,278$892,384$884,679$877,155$852,839
2 years$449,688$441,313$433,196$425,327$417,693$393,376
3 years$296,814$288,403$280,307$272,511$265,002$241,445
4 years$220,392$212,007$203,991$196,329$189,001$166,387
5 years$174,551$166,216$158,306$150,799$143,676$122,065
6 years$144,000$135,728$127,935$120,595$113,686$93,099
7 years$122,187$113,984$106,314$99,148$92,457$72,895
8 years$105,834$97,705$90,163$83,173$76,702$58,155
9 years$93,122$85,070$77,657$70,845$64,594$47,044
10 years$82,958$74,985$67,703$61,069$55,037$38,461
11 years$74,648$66,755$59,605$53,148$47,334$31,704
12 years$67,728$59,915$52,898$46,618$41,019$26,307
13 years$61,877$54,146$47,261$41,157$35,769$21,944
14 years$56,866$49,217$42,464$36,534$31,355$18,382
15 years$52,527$44,961$38,339$32,582$27,607$15,453
16 years$48,734$41,251$34,760$29,174$24,400$13,028
17 years$45,391$37,990$31,630$26,213$21,634$11,010
18 years$42,423$35,105$28,874$23,623$19,236$9,324
19 years$39,770$32,535$26,433$21,345$17,146$7,909
20 years$37,386$30,233$24,259$19,332$15,315$6,718
21 years$35,231$28,161$22,314$17,545$13,705$5,713
22 years$33,275$26,287$20,566$15,953$12,285$4,863
23 years$31,491$24,586$18,989$14,528$11,027$4,144
24 years$29,859$23,035$17,561$13,251$9,912$3,533
25 years$28,360$21,617$16,265$12,101$8,919$3,014
26 years$26,978$20,317$15,085$11,065$8,034$2,573
27 years$25,701$19,121$14,008$10,128$7,243$2,197
28 years$24,517$18,017$13,022$9,279$6,536$1,877
29 years$23,416$16,997$12,118$8,509$5,902$1,604
30 years$22,391$16,052$11,288$7,809$5,332$1,371
31 years$21,434$15,175$10,523$7,172$4,821$1,172
32 years$20,539$14,358$9,818$6,592$4,361$1,002
33 years$19,699$13,597$9,167$6,061$3,947$857
34 years$18,911$12,887$8,565$5,577$3,573$733
35 years$18,169$12,223$8,008$5,134$3,236$627
36 years$17,471$11,602$7,491$4,728$2,932$537
37 years$16,811$11,019$7,012$4,357$2,658$459
38 years$16,188$10,472$6,566$4,016$2,409$393
39 years$15,598$9,958$6,152$3,702$2,185$336
40 years$15,039$9,474$5,766$3,415$1,982$288
41 years$14,508$9,018$5,407$3,151$1,798$246
42 years$14,005$8,589$5,072$2,908$1,632$211
43 years$13,526$8,183$4,759$2,684$1,481$181
44 years$13,070$7,801$4,467$2,478$1,344$155
45 years$12,635$7,439$4,195$2,289$1,220$132
46 years$12,221$7,096$3,940$2,114$1,108$113
47 years$11,825$6,772$3,701$1,953$1,006$97
48 years$11,447$6,465$3,478$1,805$914$83
49 years$11,086$6,173$3,269$1,668$830$71
50 years$10,740$5,897$3,074$1,542$754$61

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 $6,871 every year, while hoping to spend $50,233 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: 47/36/17 Blend
50$11,000,000$11,000,000$11,000,000$11,000,000
51$12,129,087$11,546,087$11,375,587$12,640,533
52$13,312,807$12,058,398$11,703,222$13,508,976
53$14,615,582$12,594,129$12,040,149$14,445,365
54$16,049,504$13,154,373$12,386,626$15,460,619
55$17,627,894$13,740,278$12,742,919$16,562,118
56$19,365,432$14,353,045$13,109,300$17,757,967
57$21,278,294$14,993,932$13,486,049$19,057,067
58$23,384,301$15,664,255$13,873,453$20,469,199
59$25,703,093$16,365,397$14,271,806$22,005,107
60$28,256,309$17,098,803$14,681,413$23,676,598
61$31,067,797$17,865,988$15,102,584$25,496,651
62$34,163,830$18,668,540$15,535,639$27,479,530
63$37,573,363$19,508,120$15,980,905$29,640,918
64$41,328,300$20,386,472$16,438,720$31,998,055
65$45,463,798$21,305,421$16,909,428$34,569,902
66$50,018,598$22,266,879$17,393,386$37,377,308
67$55,035,387$23,272,848$17,890,957$40,443,205
68$60,561,209$24,325,430$18,402,516$43,792,815
69$66,647,899$25,426,823$18,928,447$47,453,886
70$73,352,579$26,579,331$19,469,145$51,456,942
71$80,738,194$27,785,370$20,025,013$55,835,569
72$88,874,107$29,047,470$20,596,468$60,626,721
73$97,836,752$30,368,283$21,183,936$65,871,064
74$107,710,358$31,750,586$21,787,855$71,613,348
75$118,587,741$33,197,291$22,408,674$77,902,826
76$130,571,181$34,711,449$23,046,856$84,793,705
77$143,773,387$36,296,256$23,702,872$92,345,654
78$158,318,564$37,955,064$24,377,209$100,624,353
79$174,343,577$39,691,382$25,070,365$109,702,105
80$191,999,252$41,508,890$25,782,853$119,658,506
81$211,451,794$43,411,443$26,515,196$130,581,192
82$232,884,357$45,403,084$27,267,935$142,566,643
83$256,498,772$47,488,046$28,041,622$155,721,096
84$282,517,454$49,670,767$28,836,823$170,161,522
85$311,185,500$51,955,900$29,654,122$186,016,726
86$342,773,001$54,348,320$30,494,116$203,428,546
87$377,577,595$56,853,135$31,357,416$222,553,178
88$415,927,272$59,475,701$32,244,652$243,562,634
89$458,183,474$62,221,631$33,156,468$266,646,352
90$504,744,505$65,096,807$34,093,526$292,012,968
91$556,049,290$68,107,396$35,056,505$319,892,268
92$612,581,520$71,259,861$36,046,100$350,537,337
93$674,874,216$74,560,975$37,063,026$384,226,932
94$743,514,762$78,017,839$38,108,013$421,268,094
95$819,150,451$81,637,896$39,181,815$461,999,024
96$902,494,591$85,428,947$40,285,200$506,792,255
97$994,333,243$89,399,170$41,418,958$556,058,147
98$1,095,532,641$93,557,136$42,583,900$610,248,736
99$1,207,047,365$97,911,830$43,780,855$669,861,978
100$1,329,929,359$102,472,673$45,010,676$735,446,423