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%13.4%
1 years$924,886$916,647$908,609$900,764$893,104$880,484
2 years$457,864$449,337$441,073$433,060$425,287$412,598
3 years$302,211$293,647$285,403$277,466$269,820$257,455
4 years$224,399$215,861$207,700$199,898$192,438$180,493
5 years$177,725$169,238$161,184$153,541$146,288$134,797
6 years$146,618$138,195$130,261$122,788$115,753$104,730
7 years$124,408$116,056$108,247$100,951$94,138$83,587
8 years$107,758$99,482$91,802$84,685$78,097$68,016
9 years$94,815$86,617$79,069$72,133$65,769$56,154
10 years$84,467$76,348$68,934$62,179$56,038$46,882
11 years$76,005$67,969$60,689$54,115$48,195$39,488
12 years$68,959$61,005$53,860$47,466$41,764$33,497
13 years$63,002$55,131$48,120$41,905$36,419$28,580
14 years$57,900$50,112$43,236$37,199$31,925$24,501
15 years$53,482$45,778$39,036$33,175$28,109$21,089
16 years$49,620$42,001$35,392$29,704$24,843$18,212
17 years$46,216$38,681$32,205$26,689$22,028$15,772
18 years$43,194$35,743$29,399$24,052$19,586$13,692
19 years$40,493$33,126$26,914$21,733$17,457$11,911
20 years$38,065$30,783$24,700$19,684$15,593$10,380
21 years$35,871$28,673$22,719$17,864$13,954$9,059
22 years$33,880$26,765$20,939$16,243$12,508$7,917
23 years$32,064$25,033$19,334$14,793$11,228$6,926
24 years$30,402$23,454$17,881$13,492$10,092$6,066
25 years$28,875$22,010$16,561$12,321$9,081$5,317
26 years$27,468$20,686$15,359$11,266$8,180$4,664
27 years$26,168$19,468$14,263$10,312$7,375$4,093
28 years$24,962$18,345$13,259$9,448$6,655$3,595
29 years$23,842$17,306$12,339$8,664$6,009$3,159
30 years$22,798$16,344$11,493$7,951$5,429$2,777
31 years$21,824$15,450$10,715$7,303$4,909$2,442
32 years$20,912$14,619$9,997$6,711$4,440$2,148
33 years$20,058$13,845$9,334$6,172$4,018$1,890
34 years$19,255$13,122$8,721$5,679$3,638$1,664
35 years$18,500$12,446$8,154$5,227$3,295$1,465
36 years$17,788$11,813$7,628$4,814$2,986$1,290
37 years$17,117$11,219$7,139$4,436$2,706$1,136
38 years$16,482$10,662$6,686$4,089$2,453$1,000
39 years$15,881$10,139$6,264$3,770$2,225$881
40 years$15,312$9,646$5,871$3,477$2,018$777
41 years$14,772$9,182$5,505$3,208$1,831$684
42 years$14,259$8,745$5,164$2,961$1,661$603
43 years$13,771$8,332$4,846$2,733$1,508$531
44 years$13,307$7,942$4,549$2,524$1,368$468
45 years$12,865$7,574$4,271$2,331$1,242$413
46 years$12,443$7,225$4,011$2,153$1,128$364
47 years$12,040$6,895$3,769$1,989$1,024$321
48 years$11,655$6,582$3,541$1,838$930$283
49 years$11,287$6,286$3,329$1,698$845$249
50 years$10,935$6,004$3,130$1,570$767$220

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 $2,850 every year, while hoping to spend $23,616 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: 54/32/14 Blend
50$11,200,000$11,200,000$11,200,000$11,200,000
51$12,345,340$11,751,740$11,578,140$12,966,308
52$13,579,437$12,302,448$11,940,880$13,940,159
53$14,938,621$12,879,349$12,314,981$14,996,825
54$16,435,625$13,483,702$12,700,798$16,146,416
55$18,084,482$14,116,826$13,098,697$17,397,781
56$19,900,653$14,780,104$13,509,057$18,760,638
57$21,901,177$15,474,987$13,932,269$20,245,670
58$24,104,831$16,202,995$14,368,733$21,864,620
59$26,532,304$16,965,722$14,818,866$23,630,394
60$29,206,396$17,764,840$15,283,095$25,557,184
61$32,152,231$18,602,099$15,761,861$27,660,592
62$35,397,494$19,479,338$16,255,619$29,957,776
63$38,972,695$20,398,483$16,764,839$32,467,605
64$42,911,454$21,361,552$17,290,005$35,210,835
65$47,250,817$22,370,663$17,831,615$38,210,294
66$52,031,611$23,428,036$18,390,185$41,491,097
67$57,298,824$24,535,998$18,966,245$45,080,873
68$63,102,032$25,696,990$19,560,342$49,010,023
69$69,495,868$26,913,571$20,173,042$53,311,998
70$76,540,533$28,188,423$20,804,926$58,023,608
71$84,302,372$29,524,360$21,456,595$63,185,365
72$92,854,491$30,924,331$22,128,668$68,841,852
73$102,277,454$32,391,428$22,821,784$75,042,142
74$112,660,042$33,928,895$23,536,601$81,840,251
75$124,100,087$35,540,133$24,273,798$89,295,636
76$136,705,402$37,228,705$25,034,076$97,473,754
77$150,594,793$38,998,352$25,818,158$106,446,662
78$165,899,183$40,852,992$26,626,787$116,293,694
79$182,762,848$42,796,737$27,460,733$127,102,198
80$201,344,778$44,833,897$28,320,788$138,968,346
81$221,820,179$46,968,991$29,207,767$151,998,035
82$244,382,126$49,206,760$30,122,516$166,307,874
83$269,243,383$51,552,172$31,065,901$182,026,269
84$296,638,419$54,010,439$32,038,819$199,294,626
85$326,825,614$56,587,026$33,042,195$218,268,670
86$360,089,699$59,287,664$34,076,982$239,119,901
87$396,744,449$62,118,360$35,144,161$262,037,200
88$437,135,640$65,085,417$36,244,748$287,228,592
89$481,644,315$68,195,442$37,379,787$314,923,199
90$530,690,382$71,455,365$38,550,356$345,373,381
91$584,736,575$74,872,452$39,757,568$378,857,103
92$644,292,827$78,454,324$41,002,567$415,680,539
93$709,921,080$82,208,970$42,286,538$456,180,944
94$782,240,592$86,144,771$43,610,698$500,729,814
95$861,933,782$90,270,515$44,976,306$549,736,377
96$949,752,674$94,595,416$46,384,659$603,651,427
97$1,046,525,994$99,129,139$47,837,093$662,971,562
98$1,153,166,998$103,881,820$49,334,988$728,243,842
99$1,270,682,088$108,864,085$50,879,766$800,070,931
100$1,400,180,317$114,087,081$52,472,894$879,116,758