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%12.2%
1 years$949,659$941,200$932,947$924,892$917,026$908,584
2 years$470,128$461,373$452,887$444,660$436,679$428,173
3 years$310,306$301,512$293,048$284,898$277,047$268,742
4 years$230,410$221,643$213,264$205,253$197,592$189,551
5 years$182,485$173,771$165,501$157,654$150,207$142,453
6 years$150,546$141,897$133,750$126,077$118,853$111,397
7 years$127,741$119,165$111,147$103,655$96,660$89,504
8 years$110,645$102,146$94,261$86,953$80,188$73,333
9 years$97,355$88,937$81,187$74,065$67,530$60,973
10 years$86,729$78,393$70,781$63,845$57,539$51,276
11 years$78,041$69,789$62,314$55,564$49,486$43,512
12 years$70,806$62,639$55,302$48,737$42,883$37,193
13 years$64,689$56,607$49,409$43,028$37,395$31,982
14 years$59,451$51,454$44,394$38,195$32,780$27,638
15 years$54,914$47,005$40,082$34,063$28,862$23,982
16 years$50,949$43,126$36,340$30,500$25,509$20,883
17 years$47,454$39,717$33,068$27,404$22,618$18,239
18 years$44,351$36,701$30,187$24,697$20,111$15,970
19 years$41,578$34,014$27,635$22,315$17,925$14,014
20 years$39,085$31,607$25,362$20,211$16,011$12,321
21 years$36,832$29,441$23,328$18,343$14,328$10,850
22 years$34,787$27,482$21,500$16,678$12,843$9,568
23 years$32,923$25,703$19,852$15,189$11,529$8,449
24 years$31,216$24,082$18,359$13,853$10,362$7,468
25 years$29,649$22,600$17,005$12,651$9,324$6,608
26 years$28,204$21,240$15,771$11,568$8,399$5,851
27 years$26,869$19,990$14,645$10,588$7,572$5,185
28 years$25,631$18,836$13,614$9,701$6,833$4,598
29 years$24,481$17,770$12,669$8,896$6,170$4,080
30 years$23,409$16,782$11,801$8,164$5,575$3,622
31 years$22,408$15,864$11,002$7,498$5,040$3,216
32 years$21,472$15,011$10,265$6,891$4,559$2,858
33 years$20,595$14,215$9,584$6,337$4,126$2,540
34 years$19,771$13,473$8,955$5,831$3,736$2,258
35 years$18,995$12,779$8,372$5,367$3,384$2,008
36 years$18,265$12,129$7,832$4,943$3,066$1,786
37 years$17,575$11,520$7,331$4,555$2,779$1,589
38 years$16,923$10,948$6,865$4,198$2,519$1,414
39 years$16,307$10,410$6,432$3,871$2,284$1,259
40 years$15,722$9,905$6,028$3,570$2,072$1,120
41 years$15,168$9,428$5,653$3,294$1,880$997
42 years$14,641$8,979$5,302$3,040$1,706$888
43 years$14,140$8,555$4,976$2,806$1,548$791
44 years$13,664$8,155$4,670$2,591$1,405$704
45 years$13,209$7,777$4,385$2,393$1,276$627
46 years$12,776$7,419$4,119$2,210$1,158$559
47 years$12,363$7,080$3,870$2,042$1,052$498
48 years$11,967$6,758$3,636$1,887$955$443
49 years$11,590$6,454$3,418$1,744$867$395
50 years$11,228$6,165$3,213$1,612$788$352

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 $3,192 every year, while hoping to spend $37,430 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: 44/26/30 Blend
50$11,500,000$11,500,000$11,500,000$11,500,000
51$12,676,293$12,066,793$11,888,543$13,123,398
52$13,929,449$12,618,240$12,246,983$13,995,482
53$15,309,173$13,195,454$12,616,178$14,936,466
54$16,828,335$13,799,658$12,996,446$15,955,857
55$18,501,117$14,432,132$13,388,118$17,060,985
56$20,343,145$15,094,222$13,791,535$18,259,899
57$22,371,641$15,787,333$14,207,046$19,561,440
58$24,605,578$16,512,942$14,635,012$20,975,324
59$27,065,865$17,272,594$15,075,803$22,512,225
60$29,775,543$18,067,911$15,529,802$24,183,877
61$32,760,001$18,900,591$15,997,403$26,003,174
62$36,047,214$19,772,414$16,479,009$27,984,293
63$39,668,013$20,685,245$16,975,039$30,142,821
64$43,656,369$21,641,040$17,485,921$32,495,898
65$48,049,717$22,641,850$18,012,098$35,062,369
66$52,889,309$23,689,821$18,554,024$37,862,966
67$58,220,603$24,787,207$19,112,168$40,920,488
68$64,093,691$25,936,367$19,687,013$44,260,018
69$70,563,774$27,139,775$20,279,054$47,909,151
70$77,691,679$28,400,025$20,888,803$51,898,247
71$85,544,439$29,719,834$21,516,786$56,260,713
72$94,195,919$31,102,053$22,163,545$61,033,310
73$103,727,517$32,549,668$22,829,638$66,256,493
74$114,228,932$34,065,810$23,515,639$71,974,789
75$125,799,009$35,653,761$24,222,140$78,237,204
76$138,546,674$37,316,961$24,949,747$85,097,681
77$152,591,960$39,059,017$25,699,089$92,615,600
78$168,067,141$40,883,711$26,470,810$100,856,329
79$185,117,981$42,795,004$27,265,574$109,891,833
80$203,905,109$44,797,053$28,084,064$119,801,343
81$224,605,534$46,894,212$28,926,984$130,672,094
82$247,414,318$49,091,048$29,795,057$142,600,138
83$272,546,418$51,392,349$30,689,031$155,691,239
84$300,238,710$53,803,132$31,609,672$170,061,861
85$330,752,232$56,328,659$32,557,769$185,840,257
86$364,374,643$58,974,446$33,534,137$203,167,662
87$401,422,938$61,746,275$34,539,613$222,199,620
88$442,246,445$64,650,210$35,575,057$243,107,432
89$487,230,118$67,692,606$36,641,357$266,079,764
90$536,798,174$70,880,128$37,739,426$291,324,411
91$591,418,094$74,219,761$38,870,204$319,070,243
92$651,605,042$77,718,831$40,034,658$349,569,350
93$717,926,721$81,385,019$41,233,783$383,099,404
94$791,008,737$85,226,375$42,468,605$419,966,263
95$871,540,503$89,251,343$43,740,179$460,506,839
96$960,281,749$93,468,773$45,049,590$505,092,262
97$1,058,069,692$97,887,948$46,397,956$554,131,359
98$1,165,826,941$102,518,597$47,786,427$608,074,494
99$1,284,570,203$107,370,923$49,216,187$667,417,802
100$1,415,419,890$112,455,624$50,688,455$732,707,841