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%18.5%
1 years$924,886$916,647$908,609$900,764$893,104$862,445
2 years$457,864$449,337$441,073$433,060$425,287$394,712
3 years$302,211$293,647$285,403$277,466$269,820$240,287
4 years$224,399$215,861$207,700$199,898$192,438$164,174
5 years$177,725$169,238$161,184$153,541$146,288$119,368
6 years$146,618$138,195$130,261$122,788$115,753$90,198
7 years$124,408$116,056$108,247$100,951$94,138$69,943
8 years$107,758$99,482$91,802$84,685$78,097$55,243
9 years$94,815$86,617$79,069$72,133$65,769$44,228
10 years$84,467$76,348$68,934$62,179$56,038$35,775
11 years$76,005$67,969$60,689$54,115$48,195$29,169
12 years$68,959$61,005$53,860$47,466$41,764$23,932
13 years$63,002$55,131$48,120$41,905$36,419$19,734
14 years$57,900$50,112$43,236$37,199$31,925$16,337
15 years$53,482$45,778$39,036$33,175$28,109$13,570
16 years$49,620$42,001$35,392$29,704$24,843$11,301
17 years$46,216$38,681$32,205$26,689$22,028$9,433
18 years$43,194$35,743$29,399$24,052$19,586$7,887
19 years$40,493$33,126$26,914$21,733$17,457$6,605
20 years$38,065$30,783$24,700$19,684$15,593$5,538
21 years$35,871$28,673$22,719$17,864$13,954$4,648
22 years$33,880$26,765$20,939$16,243$12,508$3,905
23 years$32,064$25,033$19,334$14,793$11,228$3,283
24 years$30,402$23,454$17,881$13,492$10,092$2,761
25 years$28,875$22,010$16,561$12,321$9,081$2,324
26 years$27,468$20,686$15,359$11,266$8,180$1,957
27 years$26,168$19,468$14,263$10,312$7,375$1,648
28 years$24,962$18,345$13,259$9,448$6,655$1,389
29 years$23,842$17,306$12,339$8,664$6,009$1,170
30 years$22,798$16,344$11,493$7,951$5,429$986
31 years$21,824$15,450$10,715$7,303$4,909$832
32 years$20,912$14,619$9,997$6,711$4,440$701
33 years$20,058$13,845$9,334$6,172$4,018$591
34 years$19,255$13,122$8,721$5,679$3,638$499
35 years$18,500$12,446$8,154$5,227$3,295$421
36 years$17,788$11,813$7,628$4,814$2,986$355
37 years$17,117$11,219$7,139$4,436$2,706$299
38 years$16,482$10,662$6,686$4,089$2,453$253
39 years$15,881$10,139$6,264$3,770$2,225$213
40 years$15,312$9,646$5,871$3,477$2,018$180
41 years$14,772$9,182$5,505$3,208$1,831$152
42 years$14,259$8,745$5,164$2,961$1,661$128
43 years$13,771$8,332$4,846$2,733$1,508$108
44 years$13,307$7,942$4,549$2,524$1,368$91
45 years$12,865$7,574$4,271$2,331$1,242$77
46 years$12,443$7,225$4,011$2,153$1,128$65
47 years$12,040$6,895$3,769$1,989$1,024$55
48 years$11,655$6,582$3,541$1,838$930$46
49 years$11,287$6,286$3,329$1,698$845$39
50 years$10,935$6,004$3,130$1,570$767$33

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 $2,983 every year, while hoping to spend $51,372 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: 47/35/18 Blend
50$11,200,000$11,200,000$11,200,000$11,200,000
51$12,345,477$11,751,877$11,578,277$12,862,606
52$13,550,056$12,273,060$11,911,490$13,743,952
53$14,875,781$12,818,058$12,254,144$14,694,560
54$16,334,953$13,387,986$12,606,500$15,725,248
55$17,941,129$13,984,008$12,968,829$16,843,515
56$19,709,246$14,607,346$13,341,406$18,057,596
57$21,655,761$15,259,278$13,724,515$19,376,539
58$23,798,810$15,941,144$14,118,448$20,810,284
59$26,158,376$16,654,347$14,523,503$22,369,750
60$28,756,479$17,400,359$14,939,989$24,066,940
61$31,617,381$18,180,718$15,368,220$25,915,046
62$34,767,819$18,997,038$15,808,521$27,928,567
63$38,237,255$19,851,011$16,261,224$30,123,446
64$42,058,151$20,744,406$16,726,671$32,517,210
65$46,266,280$21,679,080$17,205,212$35,129,135
66$50,901,061$22,656,976$17,697,208$37,980,417
67$56,005,933$23,680,131$18,203,027$41,094,372
68$61,628,759$24,750,679$18,723,050$44,496,645
69$67,822,286$25,870,856$19,257,666$48,215,449
70$74,644,635$27,043,004$19,807,274$52,281,822
71$82,159,856$28,269,578$20,372,285$56,729,915
72$90,438,524$29,553,151$20,953,120$61,597,306
73$99,558,416$30,896,418$21,550,211$66,925,348
74$109,605,234$32,302,202$22,164,003$72,759,549
75$120,673,421$33,773,463$22,794,950$79,149,996
76$132,867,049$35,313,302$23,443,521$86,151,819
77$146,300,803$36,924,969$24,110,194$93,825,700
78$161,101,062$38,611,868$24,795,462$102,238,438
79$177,407,090$40,377,570$25,499,830$111,463,567
80$195,372,355$42,225,813$26,223,816$121,582,046
81$215,165,975$44,160,517$26,967,953$132,683,003
82$236,974,311$46,185,790$27,732,786$144,864,574
83$261,002,732$48,305,934$28,518,876$158,234,813
84$287,477,548$50,525,463$29,326,796$172,912,697
85$316,648,151$52,849,104$30,157,137$189,029,242
86$348,789,364$55,281,811$31,010,502$206,728,723
87$384,204,039$57,828,779$31,887,513$226,170,020
88$423,225,912$60,495,450$32,788,806$247,528,108
89$466,222,757$63,287,530$33,715,034$270,995,686
90$513,599,857$66,210,998$34,666,866$296,784,987
91$565,803,826$69,272,120$35,644,989$325,129,760
92$623,326,828$72,477,466$36,650,108$356,287,459
93$686,711,223$75,833,920$37,682,946$390,541,657
94$756,554,686$79,348,701$38,744,243$428,204,702
95$833,515,848$83,029,371$39,834,759$469,620,644
96$918,320,515$86,883,861$40,955,274$515,168,463
97$1,011,768,519$90,920,481$42,106,587$565,265,625
98$1,114,741,268$95,147,944$43,289,517$620,371,998
99$1,228,210,066$99,575,382$44,504,905$680,994,170
100$1,353,245,285$104,212,368$45,753,611$747,690,204