Can I retire at age 51 with 11,500,000?

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 $11,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$949,659$941,200$932,947$924,892$917,026$907,072
2 years$470,128$461,373$452,887$444,660$436,679$426,657
3 years$310,306$301,512$293,048$284,898$277,047$267,267
4 years$230,410$221,643$213,264$205,253$197,592$188,131
5 years$182,485$173,771$165,501$157,654$150,207$141,090
6 years$150,546$141,897$133,750$126,077$118,853$110,094
7 years$127,741$119,165$111,147$103,655$96,660$88,261
8 years$110,645$102,146$94,261$86,953$80,188$72,149
9 years$97,355$88,937$81,187$74,065$67,530$59,848
10 years$86,729$78,393$70,781$63,845$57,539$50,209
11 years$78,041$69,789$62,314$55,564$49,486$42,501
12 years$70,806$62,639$55,302$48,737$42,883$36,238
13 years$64,689$56,607$49,409$43,028$37,395$31,080
14 years$59,451$51,454$44,394$38,195$32,780$26,787
15 years$54,914$47,005$40,082$34,063$28,862$23,181
16 years$50,949$43,126$36,340$30,500$25,509$20,131
17 years$47,454$39,717$33,068$27,404$22,618$17,532
18 years$44,351$36,701$30,187$24,697$20,111$15,308
19 years$41,578$34,014$27,635$22,315$17,925$13,394
20 years$39,085$31,607$25,362$20,211$16,011$11,741
21 years$36,832$29,441$23,328$18,343$14,328$10,309
22 years$34,787$27,482$21,500$16,678$12,843$9,064
23 years$32,923$25,703$19,852$15,189$11,529$7,979
24 years$31,216$24,082$18,359$13,853$10,362$7,031
25 years$29,649$22,600$17,005$12,651$9,324$6,202
26 years$28,204$21,240$15,771$11,568$8,399$5,474
27 years$26,869$19,990$14,645$10,588$7,572$4,836
28 years$25,631$18,836$13,614$9,701$6,833$4,274
29 years$24,481$17,770$12,669$8,896$6,170$3,780
30 years$23,409$16,782$11,801$8,164$5,575$3,345
31 years$22,408$15,864$11,002$7,498$5,040$2,961
32 years$21,472$15,011$10,265$6,891$4,559$2,622
33 years$20,595$14,215$9,584$6,337$4,126$2,323
34 years$19,771$13,473$8,955$5,831$3,736$2,058
35 years$18,995$12,779$8,372$5,367$3,384$1,824
36 years$18,265$12,129$7,832$4,943$3,066$1,617
37 years$17,575$11,520$7,331$4,555$2,779$1,434
38 years$16,923$10,948$6,865$4,198$2,519$1,272
39 years$16,307$10,410$6,432$3,871$2,284$1,128
40 years$15,722$9,905$6,028$3,570$2,072$1,001
41 years$15,168$9,428$5,653$3,294$1,880$888
42 years$14,641$8,979$5,302$3,040$1,706$788
43 years$14,140$8,555$4,976$2,806$1,548$699
44 years$13,664$8,155$4,670$2,591$1,405$620
45 years$13,209$7,777$4,385$2,393$1,276$551
46 years$12,776$7,419$4,119$2,210$1,158$489
47 years$12,363$7,080$3,870$2,042$1,052$434
48 years$11,967$6,758$3,636$1,887$955$385
49 years$11,590$6,454$3,418$1,744$867$342
50 years$11,228$6,165$3,213$1,612$788$304

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,500,000, adding $6,496 every year, while hoping to spend $45,182 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: 36/40/24 Blend
50$11,500,000$11,500,000$11,500,000$11,500,000
51$12,679,701$12,070,201$11,891,951$13,044,195
52$13,924,957$12,613,567$12,242,258$13,856,625
53$15,295,715$13,182,044$12,602,786$14,728,488
54$16,804,728$13,776,815$12,973,829$15,668,844
55$18,466,049$14,399,118$13,355,692$16,683,863
56$20,295,164$15,050,252$13,748,685$17,780,310
57$22,309,133$15,731,577$14,153,129$18,965,604
58$24,526,760$16,444,519$14,569,353$20,247,885
59$26,968,760$17,190,571$14,997,697$21,636,083
60$29,657,962$17,971,298$15,438,509$23,139,996
61$32,619,523$18,788,340$15,892,147$24,770,383
62$35,881,160$19,643,415$16,358,980$26,539,051
63$39,473,420$20,538,324$16,839,388$28,458,970
64$43,429,961$21,474,953$17,333,759$30,544,379
65$47,787,871$22,455,281$17,842,494$32,810,923
66$52,588,022$23,481,377$18,366,006$35,275,786
67$57,875,451$24,555,415$18,904,718$37,957,854
68$63,699,786$25,679,670$19,459,065$40,877,877
69$70,115,716$26,856,526$20,029,495$44,058,663
70$77,183,505$28,088,482$20,616,470$47,525,283
71$84,969,563$29,378,157$21,220,461$51,305,300
72$93,547,068$30,728,297$21,841,957$55,429,018
73$102,996,663$32,141,778$22,481,457$59,929,761
74$113,407,213$33,621,615$23,139,475$64,844,176
75$124,876,642$35,170,968$23,816,542$70,212,569
76$137,512,863$36,793,149$24,513,199$76,079,275
77$151,434,791$38,491,629$25,230,007$82,493,067
78$166,773,468$40,270,046$25,967,540$89,507,600
79$183,673,297$42,132,215$26,726,389$97,181,909
80$202,293,411$44,082,131$27,507,160$105,580,953
81$222,809,168$46,123,984$28,310,479$114,776,214
82$245,413,809$48,262,166$29,136,987$124,846,354
83$270,320,285$50,501,278$29,987,342$135,877,952
84$297,763,260$52,846,147$30,862,225$147,966,297
85$328,001,333$55,301,829$31,762,330$161,216,275
86$361,319,476$57,873,626$32,688,375$175,743,342
87$398,031,723$60,567,093$33,641,095$191,674,596
88$438,484,135$63,388,057$34,621,248$209,149,959
89$483,058,068$66,342,623$35,629,611$228,323,477
90$532,173,771$69,437,192$36,666,984$249,364,757
91$586,294,356$72,678,475$37,734,188$272,460,544
92$645,930,164$76,073,504$38,832,067$297,816,460
93$711,643,588$79,629,653$39,961,489$325,658,929
94$784,054,382$83,354,654$41,123,346$356,237,284
95$863,845,505$87,256,608$42,318,555$389,826,097
96$951,769,577$91,344,012$43,548,057$426,727,745
97$1,048,655,976$95,625,772$44,812,819$467,275,236
98$1,155,418,675$100,111,223$46,113,837$511,835,328
99$1,273,064,862$104,810,155$47,452,133$560,811,951
100$1,402,704,454$109,732,829$48,828,756$614,650,001