Can I retire at age 51 with 11,200,000?

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 $11,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$924,886$916,647$908,609$900,764$893,104$879,394
2 years$457,864$449,337$441,073$433,060$425,287$411,509
3 years$302,211$293,647$285,403$277,466$269,820$256,400
4 years$224,399$215,861$207,700$199,898$192,438$179,481
5 years$177,725$169,238$161,184$153,541$146,288$133,832
6 years$146,618$138,195$130,261$122,788$115,753$103,811
7 years$124,408$116,056$108,247$100,951$94,138$82,715
8 years$107,758$99,482$91,802$84,685$78,097$67,190
9 years$94,815$86,617$79,069$72,133$65,769$55,373
10 years$84,467$76,348$68,934$62,179$56,038$46,145
11 years$76,005$67,969$60,689$54,115$48,195$38,795
12 years$68,959$61,005$53,860$47,466$41,764$32,846
13 years$63,002$55,131$48,120$41,905$36,419$27,969
14 years$57,900$50,112$43,236$37,199$31,925$23,930
15 years$53,482$45,778$39,036$33,175$28,109$20,555
16 years$49,620$42,001$35,392$29,704$24,843$17,714
17 years$46,216$38,681$32,205$26,689$22,028$15,308
18 years$43,194$35,743$29,399$24,052$19,586$13,261
19 years$40,493$33,126$26,914$21,733$17,457$11,510
20 years$38,065$30,783$24,700$19,684$15,593$10,008
21 years$35,871$28,673$22,719$17,864$13,954$8,715
22 years$33,880$26,765$20,939$16,243$12,508$7,599
23 years$32,064$25,033$19,334$14,793$11,228$6,633
24 years$30,402$23,454$17,881$13,492$10,092$5,795
25 years$28,875$22,010$16,561$12,321$9,081$5,067
26 years$27,468$20,686$15,359$11,266$8,180$4,434
27 years$26,168$19,468$14,263$10,312$7,375$3,883
28 years$24,962$18,345$13,259$9,448$6,655$3,402
29 years$23,842$17,306$12,339$8,664$6,009$2,982
30 years$22,798$16,344$11,493$7,951$5,429$2,615
31 years$21,824$15,450$10,715$7,303$4,909$2,294
32 years$20,912$14,619$9,997$6,711$4,440$2,013
33 years$20,058$13,845$9,334$6,172$4,018$1,767
34 years$19,255$13,122$8,721$5,679$3,638$1,551
35 years$18,500$12,446$8,154$5,227$3,295$1,362
36 years$17,788$11,813$7,628$4,814$2,986$1,196
37 years$17,117$11,219$7,139$4,436$2,706$1,051
38 years$16,482$10,662$6,686$4,089$2,453$923
39 years$15,881$10,139$6,264$3,770$2,225$811
40 years$15,312$9,646$5,871$3,477$2,018$713
41 years$14,772$9,182$5,505$3,208$1,831$627
42 years$14,259$8,745$5,164$2,961$1,661$551
43 years$13,771$8,332$4,846$2,733$1,508$484
44 years$13,307$7,942$4,549$2,524$1,368$426
45 years$12,865$7,574$4,271$2,331$1,242$374
46 years$12,443$7,225$4,011$2,153$1,128$329
47 years$12,040$6,895$3,769$1,989$1,024$289
48 years$11,655$6,582$3,541$1,838$930$254
49 years$11,287$6,286$3,329$1,698$845$224
50 years$10,935$6,004$3,130$1,570$767$197

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,200,000, adding $2,776 every year, while hoping to spend $22,198 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: 29/48/23 Blend
50$11,200,000$11,200,000$11,200,000$11,200,000
51$12,345,263$11,751,663$11,578,063$12,614,486
52$13,580,862$12,303,876$11,942,310$13,375,603
53$14,941,747$12,882,404$12,318,015$14,191,167
54$16,440,676$13,488,512$12,705,539$15,067,545
55$18,091,703$14,123,527$13,105,253$16,009,985
56$19,910,319$14,788,842$13,517,541$17,024,230
57$21,913,591$15,485,915$13,942,798$18,116,563
58$24,120,328$16,216,276$14,381,433$19,293,862
59$26,551,256$16,981,528$14,833,865$20,563,658
60$29,229,215$17,783,354$15,300,530$21,934,200
61$32,179,372$18,623,515$15,781,875$23,414,525
62$35,429,461$19,503,861$16,278,361$25,014,537
63$39,010,045$20,426,329$16,790,465$26,745,093
64$42,954,802$21,392,951$17,318,678$28,618,095
65$47,300,845$22,405,859$17,863,507$30,646,596
66$52,089,071$23,467,286$18,425,474$32,844,917
67$57,364,547$24,579,574$19,005,119$35,228,767
68$63,176,937$25,745,179$19,602,996$37,815,387
69$69,580,969$26,966,677$20,219,681$40,623,700
70$76,636,952$28,246,768$20,855,764$43,674,479
71$84,411,345$29,588,284$21,511,856$46,990,535
72$92,977,385$30,994,192$22,188,586$50,596,917
73$102,415,777$32,467,607$22,886,603$54,521,138
74$112,815,459$34,011,792$23,606,576$58,793,424
75$124,274,436$35,630,170$24,349,197$63,446,984
76$136,900,710$37,326,330$25,115,177$68,518,309
77$150,813,298$39,104,036$25,905,251$74,047,504
78$166,143,355$40,967,234$26,720,178$80,078,652
79$183,035,411$42,920,063$27,560,738$86,660,210
80$201,648,739$44,966,861$28,427,737$93,845,456
81$222,158,852$47,112,180$29,322,009$101,692,969
82$244,759,169$49,360,790$30,244,410$110,267,169
83$269,662,831$51,717,696$31,195,824$119,638,901
84$297,104,721$54,188,144$32,177,166$129,886,089
85$327,343,676$56,777,637$33,189,375$141,094,445
86$360,664,935$59,491,945$34,233,423$153,358,262
87$397,382,827$62,337,118$35,310,310$166,781,279
88$437,843,740$65,319,502$36,421,071$181,477,635
89$482,429,395$68,445,751$37,566,770$197,572,924
90$531,560,442$71,722,842$38,748,506$215,205,352
91$585,700,439$75,158,093$39,967,412$234,527,016
92$645,360,221$78,759,177$41,224,658$255,705,313
93$711,102,729$82,534,142$42,521,450$278,924,484
94$783,548,319$86,491,427$43,859,030$304,387,329
95$863,380,623$90,639,882$45,238,683$332,317,083
96$951,352,998$94,988,788$46,661,730$362,959,493
97$1,048,295,643$99,547,878$48,129,538$396,585,099
98$1,155,123,435$104,327,360$49,643,513$433,491,752
99$1,272,844,563$109,337,938$51,205,108$474,007,383
100$1,402,570,049$114,590,838$52,815,821$518,493,063