Can I retire at age 51 with 11,600,000?

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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$957,917$949,385$941,060$932,934$925,000$912,685
2 years$474,216$465,385$456,825$448,526$440,476$428,089
3 years$313,004$304,134$295,596$287,375$279,456$267,381
4 years$232,413$223,571$215,118$207,038$199,311$187,641
5 years$184,072$175,282$166,941$159,025$151,513$140,283
6 years$151,855$143,131$134,913$127,173$119,887$109,110
7 years$128,851$120,201$112,113$104,556$97,500$87,180
8 years$111,607$103,035$95,081$87,710$80,886$71,021
9 years$98,201$89,710$81,893$74,709$68,118$58,704
10 years$87,483$79,075$71,396$64,400$58,040$49,071
11 years$78,720$70,396$62,856$56,047$49,916$41,383
12 years$71,422$63,184$55,783$49,161$43,256$35,150
13 years$65,252$57,100$49,839$43,402$37,720$30,029
14 years$59,968$51,902$44,780$38,527$33,065$25,778
15 years$55,392$47,413$40,431$34,360$29,113$22,218
16 years$51,392$43,501$36,656$30,765$25,730$19,214
17 years$47,867$40,063$33,356$27,642$22,814$16,664
18 years$44,737$37,020$30,449$24,911$20,285$14,487
19 years$41,939$34,309$27,875$22,509$18,081$12,621
20 years$39,425$31,882$25,582$20,387$16,150$11,014
21 years$37,153$29,697$23,531$18,502$14,453$9,627
22 years$35,090$27,721$21,687$16,823$12,955$8,426
23 years$33,209$25,927$20,024$15,321$11,629$7,383
24 years$31,488$24,292$18,519$13,973$10,452$6,476
25 years$29,907$22,797$17,152$12,761$9,405$5,685
26 years$28,449$21,425$15,908$11,668$8,472$4,995
27 years$27,102$20,164$14,772$10,680$7,638$4,391
28 years$25,854$19,000$13,732$9,785$6,892$3,863
29 years$24,694$17,924$12,779$8,973$6,223$3,400
30 years$23,613$16,928$11,903$8,235$5,623$2,993
31 years$22,603$16,002$11,097$7,564$5,084$2,637
32 years$21,659$15,141$10,354$6,951$4,599$2,323
33 years$20,774$14,339$9,667$6,392$4,162$2,048
34 years$19,943$13,590$9,033$5,881$3,768$1,805
35 years$19,160$12,890$8,445$5,414$3,413$1,592
36 years$18,423$12,235$7,900$4,986$3,092$1,404
37 years$17,728$11,620$7,394$4,594$2,803$1,239
38 years$17,071$11,043$6,924$4,235$2,541$1,093
39 years$16,449$10,501$6,487$3,904$2,304$965
40 years$15,859$9,991$6,081$3,601$2,090$851
41 years$15,300$9,510$5,702$3,323$1,896$751
42 years$14,768$9,057$5,348$3,066$1,720$663
43 years$14,263$8,630$5,019$2,831$1,561$586
44 years$13,782$8,226$4,711$2,614$1,417$517
45 years$13,324$7,844$4,423$2,414$1,287$457
46 years$12,887$7,483$4,155$2,230$1,168$403
47 years$12,470$7,141$3,903$2,060$1,061$356
48 years$12,072$6,817$3,668$1,903$963$314
49 years$11,690$6,510$3,448$1,759$875$278
50 years$11,326$6,219$3,241$1,626$795$245

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,600,000, adding $5,695 every year, while hoping to spend $34,966 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: 31/40/29 Blend
50$11,600,000$11,600,000$11,600,000$11,600,000
51$12,789,074$12,174,274$11,994,474$13,071,895
52$14,056,356$12,733,610$12,359,086$13,851,426
53$15,451,729$13,319,182$12,734,740$14,686,479
54$16,988,221$13,932,237$13,121,769$15,584,686
55$18,680,189$14,574,086$13,520,517$16,551,602
56$20,543,451$15,246,099$13,931,337$17,593,314
57$22,595,439$15,949,713$14,354,593$18,716,488
58$24,855,361$16,686,437$14,790,659$19,928,430
59$27,344,383$17,457,848$15,239,922$21,237,151
60$30,085,830$18,265,602$15,702,779$22,651,432
61$33,105,403$19,111,435$16,179,640$24,180,903
62$36,431,422$19,997,164$16,670,927$25,836,131
63$40,095,098$20,924,695$17,177,073$27,628,705
64$44,130,820$21,896,027$17,698,528$29,571,347
65$48,576,486$22,913,255$18,235,750$31,678,021
66$53,473,856$23,978,572$18,789,216$33,964,057
67$58,868,948$25,094,281$19,359,413$36,446,287
68$64,812,473$26,262,794$19,946,847$39,143,198
69$71,360,313$27,486,639$20,552,034$42,075,098
70$78,574,048$28,768,466$21,175,510$45,264,294
71$86,521,535$30,111,056$21,817,823$48,735,301
72$95,277,554$31,517,319$22,479,542$52,515,056
73$104,924,507$32,990,311$23,161,250$56,633,166
74$115,553,201$34,533,231$23,863,547$61,122,176
75$127,263,704$36,149,435$24,587,052$66,017,864
76$140,166,287$37,842,443$25,332,403$71,359,569
77$154,382,466$39,615,940$26,100,256$77,190,547
78$170,046,151$41,473,794$26,891,288$83,558,370
79$187,304,907$43,420,059$27,706,195$90,515,359
80$206,321,348$45,458,983$28,545,693$98,119,063
81$227,274,674$47,595,021$29,410,522$106,432,792
82$250,362,358$49,832,845$30,301,442$115,526,195
83$275,802,015$52,177,350$31,219,236$125,475,903
84$303,833,451$54,633,671$32,164,712$136,366,235
85$334,720,933$57,207,190$33,138,699$148,289,976
86$368,755,676$59,903,551$34,142,053$161,349,237
87$406,258,599$62,728,669$35,175,656$175,656,396
88$447,583,350$65,688,748$36,240,415$191,335,143
89$493,119,647$68,790,291$37,337,264$208,521,620
90$543,296,954$72,040,119$38,467,166$227,365,693
91$598,588,539$75,445,380$39,631,110$248,032,335
92$659,515,936$79,013,570$40,830,119$270,703,165
93$726,653,876$82,752,549$42,065,243$295,578,136
94$800,635,707$86,670,559$43,337,564$322,877,394
95$882,159,373$90,776,241$44,648,196$352,843,332
96$971,994,005$95,078,653$45,998,287$385,742,845
97$1,070,987,183$99,587,297$47,389,019$421,869,824
98$1,180,072,934$104,312,132$48,821,610$461,547,897
99$1,300,280,551$109,263,604$50,297,311$505,133,447
100$1,432,744,310$114,452,664$51,817,414$553,018,951