Can I retire at age 51 with 11,300,000?

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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$933,143$924,831$916,722$908,807$901,078$868,761
2 years$461,952$453,349$445,011$436,926$429,085$396,876
3 years$304,909$296,268$287,951$279,943$272,229$241,140
4 years$226,403$217,789$209,555$201,683$194,156$164,425
5 years$179,311$170,749$162,623$154,912$147,594$119,299
6 years$147,927$139,429$131,424$123,884$116,786$89,947
7 years$125,519$117,093$109,214$101,852$94,979$69,590
8 years$108,720$100,370$92,622$85,441$78,794$54,834
9 years$95,662$87,390$79,775$72,777$66,356$43,793
10 years$85,221$77,030$69,550$62,734$56,538$35,334
11 years$76,684$68,575$61,231$54,598$48,625$28,734
12 years$69,575$61,550$54,341$47,890$42,137$23,513
13 years$63,564$55,623$48,550$42,279$36,745$19,335
14 years$58,417$50,560$43,622$37,531$32,210$15,963
15 years$53,959$46,187$39,385$33,471$28,360$13,221
16 years$50,063$42,376$35,708$29,970$25,065$10,979
17 years$46,629$39,027$32,493$26,927$22,224$9,137
18 years$43,580$36,062$29,662$24,267$19,761$7,617
19 years$40,855$33,422$27,154$21,927$17,613$6,359
20 years$38,405$31,057$24,921$19,859$15,732$5,316
21 years$36,192$28,929$22,922$18,024$14,079$4,448
22 years$34,182$27,004$21,126$16,388$12,620$3,725
23 years$32,350$25,256$19,506$14,925$11,328$3,121
24 years$30,673$23,664$18,040$13,612$10,182$2,617
25 years$29,133$22,207$16,709$12,431$9,162$2,196
26 years$27,714$20,871$15,497$11,367$8,253$1,843
27 years$26,402$19,642$14,390$10,404$7,441$1,547
28 years$25,185$18,509$13,377$9,532$6,714$1,299
29 years$24,055$17,461$12,449$8,741$6,063$1,091
30 years$23,002$16,490$11,596$8,022$5,478$917
31 years$22,019$15,588$10,810$7,368$4,953$770
32 years$21,099$14,750$10,086$6,771$4,480$648
33 years$20,237$13,968$9,417$6,227$4,054$544
34 years$19,427$13,239$8,799$5,729$3,671$457
35 years$18,665$12,557$8,227$5,274$3,325$385
36 years$17,947$11,918$7,696$4,857$3,012$323
37 years$17,269$11,320$7,203$4,475$2,730$272
38 years$16,629$10,758$6,745$4,125$2,475$229
39 years$16,023$10,229$6,320$3,803$2,245$192
40 years$15,449$9,732$5,923$3,508$2,036$162
41 years$14,904$9,264$5,554$3,237$1,847$136
42 years$14,387$8,823$5,210$2,987$1,676$114
43 years$13,894$8,407$4,889$2,757$1,521$96
44 years$13,426$8,013$4,589$2,546$1,381$81
45 years$12,980$7,641$4,309$2,351$1,253$68
46 years$12,554$7,290$4,047$2,172$1,138$57
47 years$12,148$6,956$3,802$2,007$1,033$48
48 years$11,759$6,641$3,573$1,854$938$40
49 years$11,388$6,342$3,358$1,714$852$34
50 years$11,033$6,058$3,157$1,584$774$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,300,000, adding $5,357 every year, while hoping to spend $41,647 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: 78/14/8 Blend
50$11,300,000$11,300,000$11,300,000$11,300,000
51$12,458,126$11,859,226$11,684,076$13,415,699
52$13,684,542$12,396,016$12,031,180$14,581,850
53$15,034,658$12,957,713$12,388,517$15,854,515
54$16,521,045$13,545,493$12,756,384$17,249,019
55$18,157,559$14,160,589$13,135,090$18,777,478
56$19,959,465$14,804,293$13,524,951$20,453,229
57$21,943,586$15,477,958$13,926,292$22,290,958
58$24,128,457$16,183,003$14,339,448$24,306,833
59$26,534,503$16,920,914$14,764,763$26,518,659
60$29,184,232$17,693,249$15,202,592$28,946,039
61$32,102,444$18,501,638$15,653,299$31,610,561
62$35,316,468$19,347,794$16,117,260$34,535,999
63$38,856,420$20,233,508$16,594,860$37,748,534
64$42,755,483$21,160,658$17,086,497$41,276,997
65$47,050,226$22,131,214$17,592,578$45,153,146
66$51,780,944$23,147,238$18,113,524$49,411,952
67$56,992,039$24,210,892$18,649,766$54,091,939
68$62,732,445$25,324,443$19,201,751$59,235,533
69$69,056,078$26,490,265$19,769,934$64,889,470
70$76,022,358$27,710,847$20,354,786$71,105,226
71$83,696,758$28,988,799$20,956,791$77,939,505
72$92,151,431$30,326,854$21,576,448$85,454,768
73$101,465,886$31,727,878$22,214,267$93,719,821
74$111,727,737$33,194,875$22,870,776$102,810,460
75$123,033,536$34,730,994$23,546,517$112,810,183
76$135,489,678$36,339,534$24,242,046$123,810,975
77$149,213,408$38,023,953$24,957,937$135,914,170
78$164,333,927$39,787,879$25,694,780$149,231,406
79$180,993,613$41,635,111$26,453,181$163,885,673
80$199,349,363$43,569,632$27,233,763$180,012,471
81$219,574,072$45,595,618$28,037,169$197,761,080
82$241,858,271$47,717,447$28,864,057$217,295,971
83$266,411,918$49,939,706$29,715,107$238,798,345
84$293,466,387$52,267,205$30,591,016$262,467,846
85$323,276,646$54,704,985$31,492,503$288,524,435
86$356,123,667$57,258,333$32,420,305$317,210,462
87$392,317,078$59,932,788$33,375,182$348,792,947
88$432,198,084$62,734,158$34,357,914$383,566,094
89$476,142,689$65,668,532$35,369,305$421,854,062
90$524,565,246$68,742,293$36,410,179$464,014,020
91$577,922,368$71,962,133$37,481,388$510,439,505
92$636,717,238$75,335,066$38,583,803$561,564,137
93$701,504,359$78,868,446$39,718,322$617,865,699
94$772,894,788$82,569,984$40,885,870$679,870,640
95$851,561,905$86,447,763$42,087,396$748,159,038
96$938,247,772$90,510,255$43,323,876$823,370,063
97$1,033,770,133$94,766,347$44,596,315$906,208,006
98$1,139,030,140$99,225,351$45,905,744$997,448,912
99$1,255,020,854$103,897,033$47,253,227$1,097,947,901
100$1,382,836,625$108,791,631$48,639,853$1,208,647,226