Can I retire at age 51 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$916,628$908,463$900,497$892,722$885,130$869,750
2 years$453,776$445,325$437,134$429,193$421,490$406,046
3 years$299,512$291,025$282,855$274,988$267,411$252,382
4 years$222,396$213,934$205,846$198,114$190,720$176,223
5 years$176,138$167,727$159,745$152,170$144,982$131,058
6 years$145,309$136,962$129,098$121,692$114,719$101,385
7 years$123,297$115,020$107,281$100,049$93,298$80,556
8 years$106,796$98,593$90,983$83,929$77,399$65,247
9 years$93,968$85,843$78,363$71,489$65,181$53,612
10 years$83,712$75,667$68,319$61,624$55,538$44,542
11 years$75,327$67,362$60,147$53,631$47,764$37,329
12 years$68,343$60,460$53,379$47,042$41,392$31,504
13 years$62,439$54,638$47,690$41,531$36,094$26,738
14 years$57,383$49,665$42,850$36,867$31,640$22,800
15 years$53,004$45,370$38,688$32,879$27,858$19,517
16 years$49,177$41,626$35,076$29,439$24,621$16,761
17 years$45,804$38,336$31,918$26,451$21,831$14,433
18 years$42,808$35,424$29,137$23,838$19,411$12,457
19 years$40,132$32,831$26,673$21,539$17,302$10,773
20 years$37,725$30,508$24,480$19,508$15,454$9,332
21 years$35,551$28,417$22,517$17,705$13,830$8,096
22 years$33,577$26,526$20,752$16,098$12,396$7,032
23 years$31,778$24,809$19,161$14,660$11,128$6,114
24 years$30,131$23,245$17,721$13,371$10,002$5,321
25 years$28,618$21,814$16,413$12,211$9,000$4,635
26 years$27,223$20,502$15,222$11,165$8,107$4,040
27 years$25,934$19,294$14,135$10,220$7,309$3,523
28 years$24,739$18,181$13,141$9,364$6,595$3,074
29 years$23,629$17,152$12,228$8,587$5,955$2,683
30 years$22,595$16,198$11,390$7,880$5,381$2,343
31 years$21,629$15,312$10,619$7,238$4,865$2,047
32 years$20,726$14,489$9,908$6,652$4,401$1,789
33 years$19,878$13,721$9,251$6,117$3,983$1,564
34 years$19,083$13,004$8,643$5,628$3,606$1,367
35 years$18,335$12,334$8,081$5,181$3,266$1,196
36 years$17,629$11,707$7,560$4,771$2,959$1,046
37 years$16,964$11,119$7,076$4,396$2,682$915
38 years$16,335$10,567$6,626$4,052$2,431$800
39 years$15,740$10,048$6,208$3,736$2,205$700
40 years$15,175$9,560$5,819$3,446$2,000$613
41 years$14,640$9,100$5,456$3,179$1,814$536
42 years$14,132$8,667$5,118$2,934$1,646$469
43 years$13,649$8,258$4,802$2,709$1,494$411
44 years$13,188$7,871$4,508$2,501$1,356$359
45 years$12,750$7,506$4,233$2,310$1,231$315
46 years$12,332$7,161$3,976$2,134$1,118$275
47 years$11,933$6,833$3,735$1,971$1,015$241
48 years$11,551$6,523$3,510$1,821$922$211
49 years$11,186$6,229$3,299$1,683$837$185
50 years$10,837$5,951$3,102$1,556$760$162

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,100,000, adding $4,880 every year, while hoping to spend $53,898 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: 57/38/5 Blend
50$11,100,000$11,100,000$11,100,000$11,100,000
51$12,237,234$11,648,934$11,476,884$12,922,867
52$13,428,085$12,162,384$11,804,012$13,897,357
53$14,738,596$12,699,188$12,140,293$14,952,041
54$16,180,916$13,260,431$12,485,976$16,099,752
55$17,768,430$13,847,253$12,841,318$17,349,366
56$19,515,889$14,460,847$13,206,580$18,710,635
57$21,439,543$15,102,462$13,582,034$20,194,282
58$23,557,300$15,773,407$13,967,957$21,812,090
59$25,888,893$16,475,052$14,364,631$23,577,016
60$28,456,064$17,208,834$14,772,350$25,503,303
61$31,282,771$17,976,255$15,191,413$27,606,617
62$34,395,414$18,778,892$15,622,125$29,904,185
63$37,823,084$19,618,395$16,064,804$32,414,952
64$41,597,835$20,496,493$16,519,771$35,159,761
65$45,754,990$21,414,997$16,987,359$38,161,539
66$50,333,471$22,375,804$17,467,908$41,445,507
67$55,376,168$23,380,902$17,961,766$45,039,418
68$60,930,344$24,432,373$18,469,292$48,973,808
69$67,048,079$25,532,399$18,990,853$53,282,278
70$73,786,763$26,683,266$19,526,826$58,001,810
71$81,209,635$27,887,368$20,077,597$63,173,101
72$89,386,383$29,147,215$20,643,563$68,840,946
73$98,393,802$30,465,436$21,225,129$75,054,650
74$108,316,511$31,844,784$21,822,713$81,868,489
75$119,247,764$33,288,147$22,436,743$89,342,210
76$131,290,318$34,798,548$23,067,655$97,541,587
77$144,557,409$36,379,156$23,715,901$106,539,036
78$159,173,822$38,033,292$24,381,940$116,414,286
79$175,277,063$39,764,434$25,066,246$127,255,123
80$193,018,660$41,576,229$25,769,303$139,158,205
81$212,565,596$43,472,496$26,491,607$152,229,971
82$234,101,879$45,457,241$27,233,668$166,587,624
83$257,830,283$47,534,657$27,996,008$182,360,237
84$283,974,258$49,709,142$28,779,161$199,689,947
85$312,780,046$51,985,304$29,583,677$218,733,294
86$344,518,998$54,367,971$30,410,116$239,662,678
87$379,490,137$56,862,203$31,259,057$262,667,976
88$418,022,984$59,473,303$32,131,088$287,958,317
89$460,480,663$62,206,831$33,026,815$315,764,042
90$507,263,336$65,068,610$33,946,858$346,338,862
91$558,811,970$68,064,746$34,891,852$379,962,234
92$615,612,511$71,201,638$35,862,448$416,941,984
93$678,200,460$74,485,992$36,859,314$457,617,190
94$747,165,938$77,924,836$37,883,131$502,361,369
95$823,159,249$81,525,539$38,934,602$551,585,975
96$906,897,023$85,295,821$40,014,441$605,744,269
97$999,168,979$89,243,775$41,123,385$665,335,568
98$1,100,845,381$93,377,887$42,262,184$730,909,942
99$1,212,885,253$97,707,046$43,431,611$803,073,377
100$1,336,345,431$102,240,574$44,632,452$882,493,471