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

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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$957,917$949,385$941,060$932,934$925,000$910,051
2 years$474,216$465,385$456,825$448,526$440,476$425,456
3 years$313,004$304,134$295,596$287,375$279,456$264,833
4 years$232,413$223,571$215,118$207,038$199,311$185,197
5 years$184,072$175,282$166,941$159,025$151,513$137,949
6 years$151,855$143,131$134,913$127,173$119,887$106,889
7 years$128,851$120,201$112,113$104,556$97,500$85,072
8 years$111,607$103,035$95,081$87,710$80,886$69,025
9 years$98,201$89,710$81,893$74,709$68,118$56,818
10 years$87,483$79,075$71,396$64,400$58,040$47,292
11 years$78,720$70,396$62,856$56,047$49,916$39,709
12 years$71,422$63,184$55,783$49,161$43,256$33,576
13 years$65,252$57,100$49,839$43,402$37,720$28,554
14 years$59,968$51,902$44,780$38,527$33,065$24,397
15 years$55,392$47,413$40,431$34,360$29,113$20,927
16 years$51,392$43,501$36,656$30,765$25,730$18,010
17 years$47,867$40,063$33,356$27,642$22,814$15,542
18 years$44,737$37,020$30,449$24,911$20,285$13,444
19 years$41,939$34,309$27,875$22,509$18,081$11,652
20 years$39,425$31,882$25,582$20,387$16,150$10,116
21 years$37,153$29,697$23,531$18,502$14,453$8,796
22 years$35,090$27,721$21,687$16,823$12,955$7,657
23 years$33,209$25,927$20,024$15,321$11,629$6,674
24 years$31,488$24,292$18,519$13,973$10,452$5,822
25 years$29,907$22,797$17,152$12,761$9,405$5,083
26 years$28,449$21,425$15,908$11,668$8,472$4,441
27 years$27,102$20,164$14,772$10,680$7,638$3,882
28 years$25,854$19,000$13,732$9,785$6,892$3,396
29 years$24,694$17,924$12,779$8,973$6,223$2,972
30 years$23,613$16,928$11,903$8,235$5,623$2,601
31 years$22,603$16,002$11,097$7,564$5,084$2,278
32 years$21,659$15,141$10,354$6,951$4,599$1,996
33 years$20,774$14,339$9,667$6,392$4,162$1,749
34 years$19,943$13,590$9,033$5,881$3,768$1,533
35 years$19,160$12,890$8,445$5,414$3,413$1,344
36 years$18,423$12,235$7,900$4,986$3,092$1,178
37 years$17,728$11,620$7,394$4,594$2,803$1,033
38 years$17,071$11,043$6,924$4,235$2,541$906
39 years$16,449$10,501$6,487$3,904$2,304$795
40 years$15,859$9,991$6,081$3,601$2,090$697
41 years$15,300$9,510$5,702$3,323$1,896$612
42 years$14,768$9,057$5,348$3,066$1,720$537
43 years$14,263$8,630$5,019$2,831$1,561$471
44 years$13,782$8,226$4,711$2,614$1,417$413
45 years$13,324$7,844$4,423$2,414$1,287$363
46 years$12,887$7,483$4,155$2,230$1,168$318
47 years$12,470$7,141$3,903$2,060$1,061$280
48 years$12,072$6,817$3,668$1,903$963$245
49 years$11,690$6,510$3,448$1,759$875$215
50 years$11,326$6,219$3,241$1,626$795$189

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 $4,943 every year, while hoping to spend $57,522 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: 38/33/29 Blend
50$11,600,000$11,600,000$11,600,000$11,600,000
51$12,788,299$12,173,499$11,993,699$13,163,690
52$14,031,502$12,708,797$12,334,285$13,975,963
53$15,399,585$13,268,397$12,684,352$14,847,623
54$16,905,223$13,853,429$13,044,159$15,788,612
55$18,562,385$14,465,077$13,413,967$16,805,269
56$20,386,461$15,104,579$13,794,049$17,904,549
57$22,394,411$15,773,234$14,184,680$19,094,086
58$24,604,921$16,472,402$14,586,146$20,382,261
59$27,038,580$17,203,507$14,998,740$21,778,277
60$29,718,077$17,968,041$15,422,759$23,292,242
61$32,668,412$18,767,566$15,858,513$24,935,257
62$35,917,133$19,603,720$16,306,316$26,719,521
63$39,494,594$20,478,216$16,766,491$28,658,434
64$43,434,245$21,392,850$17,239,371$30,766,726
65$47,772,943$22,349,505$17,725,294$33,060,583
66$52,551,303$23,350,150$18,224,611$35,557,802
67$57,814,079$24,396,851$18,737,679$38,277,945
68$63,610,589$25,491,770$19,264,865$41,242,524
69$69,995,176$26,637,174$19,806,545$44,475,192
70$77,027,724$27,835,436$20,363,105$48,001,965
71$84,774,224$29,089,044$20,934,941$51,851,456
72$93,307,390$30,400,603$21,522,457$56,055,140
73$102,707,356$31,772,844$22,126,071$60,647,642
74$113,062,419$33,208,627$22,746,208$65,667,056
75$124,469,885$34,710,949$23,383,305$71,155,300
76$137,036,979$36,282,950$24,037,811$77,158,495
77$150,881,857$37,927,922$24,710,184$83,727,399
78$166,134,727$39,649,310$25,400,896$90,917,871
79$182,939,072$41,450,729$26,110,428$98,791,392
80$201,453,006$43,335,963$26,839,276$107,415,633
81$221,850,766$45,308,980$27,587,946$116,865,083
82$244,324,360$47,373,935$28,356,957$127,221,741
83$269,085,371$49,535,184$29,146,842$138,575,879
84$296,366,963$51,797,293$29,958,146$151,026,878
85$326,426,077$54,165,044$30,791,427$164,684,160
86$359,545,855$56,643,449$31,647,258$179,668,200
87$396,038,317$59,237,762$32,526,226$196,111,654
88$436,247,301$61,953,489$33,428,931$214,160,595
89$480,551,714$64,796,398$34,355,988$233,975,874
90$529,369,103$67,772,536$35,308,028$255,734,627
91$583,159,601$70,888,240$36,285,696$279,631,926
92$642,430,268$74,150,151$37,289,654$305,882,605
93$707,739,877$77,565,230$38,320,579$334,723,269
94$779,704,190$81,140,772$39,379,164$366,414,509
95$859,001,771$84,884,423$40,466,120$401,243,339
96$946,380,389$88,804,197$41,582,172$439,525,888
97$1,042,664,080$92,908,494$42,728,067$481,610,360
98$1,148,760,924$97,206,118$43,904,564$527,880,300
99$1,265,671,616$101,706,296$45,112,445$578,758,188
100$1,394,498,918$106,418,701$46,352,509$634,709,402