Can I retire at age 51 with 11,400,000?

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$941,401$933,016$924,835$916,849$909,052$887,797
2 years$466,040$457,361$448,949$440,793$432,882$411,589
3 years$307,607$298,890$290,500$282,420$274,638$253,972
4 years$228,406$219,716$211,409$203,468$195,874$175,994
5 years$180,898$172,260$164,062$156,283$148,900$129,862
6 years$149,236$140,663$132,587$124,981$117,820$99,643
7 years$126,630$118,129$110,180$102,754$95,819$78,506
8 years$109,682$101,258$93,442$86,197$79,491$63,036
9 years$96,508$88,163$80,481$73,421$66,943$51,332
10 years$85,975$77,712$70,165$63,290$57,039$42,255
11 years$77,362$69,182$61,772$55,081$49,055$35,078
12 years$70,191$62,094$54,821$48,313$42,510$29,317
13 years$64,127$56,115$48,979$42,653$37,070$24,636
14 years$58,934$51,007$44,008$37,863$32,495$20,794
15 years$54,437$46,596$39,733$33,767$28,611$17,616
16 years$50,506$42,751$36,024$30,235$25,287$14,969
17 years$47,042$39,372$32,781$27,166$22,421$12,752
18 years$43,965$36,381$29,924$24,482$19,936$10,886
19 years$41,216$33,718$27,394$22,121$17,769$9,310
20 years$38,745$31,332$25,141$20,035$15,872$7,975
21 years$36,512$29,185$23,125$18,183$14,203$6,839
22 years$34,485$27,243$21,313$16,533$12,731$5,872
23 years$32,637$25,480$19,679$15,057$11,428$5,047
24 years$30,945$23,873$18,200$13,733$10,272$4,340
25 years$29,391$22,404$16,857$12,541$9,243$3,736
26 years$27,959$21,056$15,634$11,467$8,326$3,217
27 years$26,635$19,816$14,517$10,496$7,507$2,772
28 years$25,408$18,672$13,496$9,617$6,773$2,389
29 years$24,268$17,615$12,559$8,819$6,116$2,060
30 years$23,205$16,636$11,698$8,093$5,526$1,777
31 years$22,214$15,726$10,906$7,433$4,996$1,533
32 years$21,286$14,880$10,175$6,831$4,520$1,323
33 years$20,416$14,092$9,501$6,282$4,090$1,142
34 years$19,599$13,356$8,877$5,780$3,703$986
35 years$18,830$12,668$8,299$5,321$3,354$852
36 years$18,106$12,024$7,764$4,900$3,039$735
37 years$17,422$11,420$7,267$4,515$2,754$635
38 years$16,776$10,853$6,805$4,162$2,497$549
39 years$16,165$10,320$6,376$3,837$2,264$474
40 years$15,586$9,819$5,976$3,539$2,054$409
41 years$15,036$9,346$5,603$3,265$1,863$354
42 years$14,514$8,901$5,256$3,014$1,691$306
43 years$14,017$8,481$4,932$2,782$1,535$264
44 years$13,545$8,084$4,630$2,569$1,393$228
45 years$13,095$7,709$4,347$2,372$1,264$197
46 years$12,665$7,354$4,083$2,191$1,148$170
47 years$12,255$7,018$3,836$2,024$1,043$147
48 years$11,863$6,700$3,605$1,871$947$127
49 years$11,489$6,398$3,388$1,729$860$110
50 years$11,130$6,111$3,185$1,598$781$95

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,400,000, adding $4,767 every year, while hoping to spend $38,240 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: 70/6/24 Blend
50$11,400,000$11,400,000$11,400,000$11,400,000
51$12,567,717$11,963,517$11,786,817$13,370,918
52$13,808,937$12,509,042$12,140,988$14,454,336
53$15,175,480$13,080,017$12,505,743$15,635,003
54$16,680,088$13,677,647$12,881,395$16,926,559
55$18,336,803$14,303,197$13,268,267$18,339,993
56$20,161,096$14,957,993$13,666,693$19,887,406
57$22,170,016$15,643,423$14,077,015$21,582,124
58$24,382,349$16,360,942$14,499,587$23,438,816
59$26,818,796$17,112,076$14,934,770$25,473,638
60$29,502,169$17,898,423$15,382,941$27,704,380
61$32,457,603$18,721,658$15,844,482$30,150,632
62$35,712,797$19,583,538$16,319,790$32,833,970
63$39,298,273$20,485,902$16,809,274$35,778,157
64$43,247,664$21,430,679$17,313,353$39,009,362
65$47,598,035$22,419,891$17,832,459$42,556,411
66$52,390,225$23,455,656$18,367,037$46,451,052
67$57,669,240$24,540,195$18,917,544$50,728,256
68$63,484,673$25,675,836$19,484,453$55,426,543
69$69,891,176$26,865,018$20,068,248$60,588,344
70$76,948,970$28,110,298$20,669,429$66,260,401
71$84,724,420$29,414,358$21,288,510$72,494,202
72$93,290,655$30,780,006$21,926,019$79,346,468
73$102,728,264$32,210,187$22,582,502$86,879,684
74$113,126,050$33,707,990$23,258,519$95,162,690
75$124,581,874$35,276,648$23,954,647$104,271,321
76$137,203,577$36,919,556$24,671,480$114,289,126
77$151,109,996$38,640,268$25,409,628$125,308,151
78$166,432,086$40,442,512$26,169,722$137,429,808
79$183,314,160$42,330,196$26,952,408$150,765,824
80$201,915,243$44,307,415$27,758,353$165,439,297
81$222,410,584$46,378,464$28,588,243$181,585,852
82$244,993,298$48,547,843$29,442,784$199,354,918
83$269,876,199$50,820,273$30,322,702$218,911,138
84$297,293,805$53,200,699$31,228,746$240,435,914
85$327,504,548$55,694,309$32,161,684$264,129,120
86$360,793,221$58,306,538$33,122,309$290,210,983
87$397,473,659$61,043,089$34,111,436$318,924,158
88$437,891,707$63,909,935$35,129,905$350,536,013
89$482,428,482$66,913,343$36,178,577$385,341,151
90$531,503,970$70,059,879$37,258,342$423,664,183
91$585,580,994$73,356,432$38,370,115$465,862,791
92$645,169,577$76,810,219$39,514,836$512,331,096
93$710,831,765$80,428,811$40,693,474$563,503,376
94$783,186,925$84,220,142$41,907,025$619,858,159
95$862,917,596$88,192,534$43,156,516$681,922,733
96$950,775,932$92,354,710$44,443,000$750,278,121
97$1,047,590,802$96,715,815$45,767,566$825,564,558
98$1,154,275,614$101,285,441$47,131,329$908,487,529
99$1,271,836,939$106,073,640$48,535,442$999,824,420
100$1,401,384,014$111,090,955$49,981,086$1,100,431,854