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%19.8%
1 years$949,659$941,200$932,947$924,892$917,026$880,990
2 years$470,128$461,373$452,887$444,660$436,679$400,814
3 years$310,306$301,512$293,048$284,898$277,047$242,483
4 years$230,410$221,643$213,264$205,253$197,592$164,592
5 years$182,485$173,771$165,501$157,654$150,207$118,854
6 years$150,546$141,897$133,750$126,077$118,853$89,169
7 years$127,741$119,165$111,147$103,655$96,660$68,633
8 years$110,645$102,146$94,261$86,953$80,188$53,791
9 years$97,355$88,937$81,187$74,065$67,530$42,724
10 years$86,729$78,393$70,781$63,845$57,539$34,275
11 years$78,041$69,789$62,314$55,564$49,486$27,710
12 years$70,806$62,639$55,302$48,737$42,883$22,539
13 years$64,689$56,607$49,409$43,028$37,395$18,420
14 years$59,451$51,454$44,394$38,195$32,780$15,112
15 years$54,914$47,005$40,082$34,063$28,862$12,436
16 years$50,949$43,126$36,340$30,500$25,509$10,260
17 years$47,454$39,717$33,068$27,404$22,618$8,482
18 years$44,351$36,701$30,187$24,697$20,111$7,024
19 years$41,578$34,014$27,635$22,315$17,925$5,824
20 years$39,085$31,607$25,362$20,211$16,011$4,835
21 years$36,832$29,441$23,328$18,343$14,328$4,017
22 years$34,787$27,482$21,500$16,678$12,843$3,341
23 years$32,923$25,703$19,852$15,189$11,529$2,780
24 years$31,216$24,082$18,359$13,853$10,362$2,314
25 years$29,649$22,600$17,005$12,651$9,324$1,927
26 years$28,204$21,240$15,771$11,568$8,399$1,606
27 years$26,869$19,990$14,645$10,588$7,572$1,339
28 years$25,631$18,836$13,614$9,701$6,833$1,116
29 years$24,481$17,770$12,669$8,896$6,170$930
30 years$23,409$16,782$11,801$8,164$5,575$776
31 years$22,408$15,864$11,002$7,498$5,040$647
32 years$21,472$15,011$10,265$6,891$4,559$540
33 years$20,595$14,215$9,584$6,337$4,126$450
34 years$19,771$13,473$8,955$5,831$3,736$376
35 years$18,995$12,779$8,372$5,367$3,384$314
36 years$18,265$12,129$7,832$4,943$3,066$262
37 years$17,575$11,520$7,331$4,555$2,779$218
38 years$16,923$10,948$6,865$4,198$2,519$182
39 years$16,307$10,410$6,432$3,871$2,284$152
40 years$15,722$9,905$6,028$3,570$2,072$127
41 years$15,168$9,428$5,653$3,294$1,880$106
42 years$14,641$8,979$5,302$3,040$1,706$88
43 years$14,140$8,555$4,976$2,806$1,548$74
44 years$13,664$8,155$4,670$2,591$1,405$62
45 years$13,209$7,777$4,385$2,393$1,276$51
46 years$12,776$7,419$4,119$2,210$1,158$43
47 years$12,363$7,080$3,870$2,042$1,052$36
48 years$11,967$6,758$3,636$1,887$955$30
49 years$11,590$6,454$3,418$1,744$867$25
50 years$11,228$6,165$3,213$1,612$788$21

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 $6,573 every year, while hoping to spend $46,947 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: 53/25/22 Blend
50$11,500,000$11,500,000$11,500,000$11,500,000
51$12,679,780$12,070,280$11,892,030$13,274,575
52$13,923,166$12,611,773$12,240,462$14,226,196
53$15,291,805$13,178,225$12,598,993$15,255,750
54$16,798,421$13,770,810$12,967,911$16,375,111
55$18,457,038$14,390,758$13,347,514$17,592,857
56$20,283,107$15,039,356$13,738,107$18,918,423
57$22,293,654$15,717,954$14,140,004$20,362,175
58$24,507,439$16,427,967$14,553,526$21,935,518
59$26,945,135$17,170,874$14,979,007$23,650,987
60$29,629,521$17,948,230$15,416,786$25,522,373
61$32,585,698$18,761,659$15,867,214$27,564,842
62$35,841,325$19,612,865$16,330,651$29,795,077
63$39,426,880$20,503,636$16,807,468$32,231,433
64$43,375,949$21,435,841$17,298,045$34,894,102
65$47,725,540$22,411,441$17,802,773$37,805,304
66$52,516,434$23,432,491$18,322,056$40,989,486
67$57,793,570$24,501,143$18,856,305$44,473,556
68$63,606,469$25,619,654$19,405,945$48,287,123
69$70,009,699$26,790,387$19,971,415$52,462,780
70$77,063,393$28,015,820$20,553,162$57,036,398
71$84,833,814$29,298,550$21,151,647$62,047,466
72$93,393,981$30,641,297$21,767,345$67,539,453
73$102,824,359$32,046,913$22,400,744$73,560,214
74$113,213,618$33,518,386$23,052,343$80,162,435
75$124,659,469$35,058,848$23,722,658$87,404,124
76$137,269,585$36,671,582$24,412,217$95,349,149
77$151,162,620$38,360,028$25,121,565$104,067,839
78$166,469,329$40,127,791$25,851,259$113,637,634
79$183,333,798$41,978,650$26,601,873$124,143,810
80$201,914,808$43,916,566$27,373,998$135,680,279
81$222,387,331$45,945,690$28,168,240$148,350,461
82$244,944,183$48,070,374$28,985,220$162,268,257
83$269,797,845$50,295,177$29,825,580$177,559,108
84$297,182,465$52,624,881$30,689,977$194,361,175
85$327,356,071$55,064,495$31,579,086$212,826,630
86$360,603,007$57,619,271$32,493,602$233,123,081
87$397,236,613$60,294,715$33,434,237$255,435,145
88$437,602,188$63,096,597$34,401,725$279,966,177
89$482,080,247$66,030,965$35,396,817$306,940,178
90$531,090,110$69,104,161$36,420,289$336,603,897
91$585,093,866$72,322,829$37,472,934$369,229,143
92$644,600,731$75,693,939$38,555,568$405,115,343
93$710,171,856$79,224,792$39,669,030$444,592,349
94$782,425,624$82,923,046$40,814,181$488,023,538
95$862,043,488$86,796,725$41,991,906$535,809,226
96$949,776,403$90,854,244$43,203,114$588,390,429
97$1,046,451,917$95,104,423$44,448,739$646,253,011
98$1,152,981,980$99,556,507$45,729,739$709,932,248
99$1,270,371,556$104,220,190$47,047,100$780,017,866
100$1,399,728,110$109,105,635$48,401,833$857,159,586