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

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 $11,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$949,659$941,200$932,947$924,892$917,026$906,319
2 years$470,128$461,373$452,887$444,660$436,679$425,902
3 years$310,306$301,512$293,048$284,898$277,047$266,534
4 years$230,410$221,643$213,264$205,253$197,592$187,425
5 years$182,485$173,771$165,501$157,654$150,207$140,415
6 years$150,546$141,897$133,750$126,077$118,853$109,448
7 years$127,741$119,165$111,147$103,655$96,660$87,646
8 years$110,645$102,146$94,261$86,953$80,188$71,565
9 years$97,355$88,937$81,187$74,065$67,530$59,293
10 years$86,729$78,393$70,781$63,845$57,539$49,683
11 years$78,041$69,789$62,314$55,564$49,486$42,004
12 years$70,806$62,639$55,302$48,737$42,883$35,768
13 years$64,689$56,607$49,409$43,028$37,395$30,637
14 years$59,451$51,454$44,394$38,195$32,780$26,371
15 years$54,914$47,005$40,082$34,063$28,862$22,790
16 years$50,949$43,126$36,340$30,500$25,509$19,764
17 years$47,454$39,717$33,068$27,404$22,618$17,189
18 years$44,351$36,701$30,187$24,697$20,111$14,986
19 years$41,578$34,014$27,635$22,315$17,925$13,094
20 years$39,085$31,607$25,362$20,211$16,011$11,461
21 years$36,832$29,441$23,328$18,343$14,328$10,048
22 years$34,787$27,482$21,500$16,678$12,843$8,821
23 years$32,923$25,703$19,852$15,189$11,529$7,753
24 years$31,216$24,082$18,359$13,853$10,362$6,822
25 years$29,649$22,600$17,005$12,651$9,324$6,007
26 years$28,204$21,240$15,771$11,568$8,399$5,295
27 years$26,869$19,990$14,645$10,588$7,572$4,670
28 years$25,631$18,836$13,614$9,701$6,833$4,121
29 years$24,481$17,770$12,669$8,896$6,170$3,639
30 years$23,409$16,782$11,801$8,164$5,575$3,214
31 years$22,408$15,864$11,002$7,498$5,040$2,841
32 years$21,472$15,011$10,265$6,891$4,559$2,511
33 years$20,595$14,215$9,584$6,337$4,126$2,221
34 years$19,771$13,473$8,955$5,831$3,736$1,965
35 years$18,995$12,779$8,372$5,367$3,384$1,738
36 years$18,265$12,129$7,832$4,943$3,066$1,538
37 years$17,575$11,520$7,331$4,555$2,779$1,362
38 years$16,923$10,948$6,865$4,198$2,519$1,206
39 years$16,307$10,410$6,432$3,871$2,284$1,068
40 years$15,722$9,905$6,028$3,570$2,072$945
41 years$15,168$9,428$5,653$3,294$1,880$837
42 years$14,641$8,979$5,302$3,040$1,706$742
43 years$14,140$8,555$4,976$2,806$1,548$657
44 years$13,664$8,155$4,670$2,591$1,405$582
45 years$13,209$7,777$4,385$2,393$1,276$516
46 years$12,776$7,419$4,119$2,210$1,158$457
47 years$12,363$7,080$3,870$2,042$1,052$405
48 years$11,967$6,758$3,636$1,887$955$359
49 years$11,590$6,454$3,418$1,744$867$318
50 years$11,228$6,165$3,213$1,612$788$282

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 $2,471 every year, while hoping to spend $28,762 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: 72/18/10 Blend
50$11,500,000$11,500,000$11,500,000$11,500,000
51$12,675,549$12,066,049$11,887,799$13,563,985
52$13,937,852$12,626,683$12,255,438$14,712,239
53$15,327,947$13,213,824$12,634,428$15,965,311
54$16,858,836$13,828,740$13,025,121$17,336,552
55$18,544,851$14,472,762$13,427,876$18,837,620
56$20,401,781$15,147,283$13,843,065$20,481,346
57$22,447,027$15,853,764$14,271,072$22,281,852
58$24,699,763$16,593,737$14,712,291$24,254,680
59$27,181,116$17,368,807$15,167,130$26,416,941
60$29,914,369$18,180,658$15,636,009$28,787,468
61$32,925,179$19,031,055$16,119,359$31,386,997
62$36,241,817$19,921,846$16,617,628$34,238,355
63$39,895,438$20,854,972$17,131,274$37,366,674
64$43,920,372$21,832,465$17,660,771$40,799,628
65$48,354,451$22,856,457$18,206,607$44,567,685
66$53,239,363$23,929,181$18,769,287$48,704,398
67$58,621,048$25,052,981$19,349,328$53,246,713
68$64,550,130$26,230,312$19,947,266$58,235,316
69$71,082,395$27,463,749$20,563,651$63,715,013
70$78,279,318$28,755,992$21,199,052$69,735,149
71$86,208,642$30,109,869$21,854,054$76,350,070
72$94,945,020$31,528,349$22,529,260$83,619,630
73$104,570,715$33,014,541$23,225,294$91,609,753
74$115,176,383$34,571,709$23,942,796$100,393,051
75$126,861,921$36,203,270$24,682,428$110,049,500
76$139,737,418$37,912,810$25,444,869$120,667,196
77$153,924,185$39,704,089$26,230,823$132,343,176
78$169,555,910$41,581,047$27,041,014$145,184,331
79$186,779,912$43,547,817$27,876,186$159,308,409
80$205,758,534$45,608,732$28,737,110$174,845,116
81$226,670,679$47,768,334$29,624,578$191,937,341
82$249,713,493$50,031,388$30,539,406$210,742,491
83$275,104,230$52,402,886$31,482,437$231,433,976
84$303,082,301$54,888,067$32,454,538$254,202,830
85$333,911,535$57,492,421$33,456,604$279,259,518
86$367,882,667$60,221,706$34,489,556$306,835,902
87$405,316,088$63,081,958$35,554,345$337,187,431
88$446,564,864$66,079,509$36,651,951$370,595,539
89$492,018,071$69,220,996$37,783,382$407,370,293
90$542,104,468$72,513,378$38,949,679$447,853,308
91$597,296,545$75,963,955$40,151,914$492,420,967
92$658,114,982$79,580,379$41,391,193$541,487,957
93$725,133,568$83,370,674$42,668,655$595,511,178
94$798,984,611$87,343,256$43,985,474$654,994,040
95$880,364,913$91,506,949$45,342,860$720,491,205
96$970,042,349$95,871,004$46,742,061$792,613,811
97$1,068,863,110$100,445,124$48,184,361$872,035,226
98$1,177,759,697$105,239,485$49,671,086$959,497,391
99$1,297,759,720$110,264,754$51,203,602$1,055,817,811
100$1,429,995,605$115,532,120$52,783,316$1,161,897,253