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%17.3%
1 years$957,917$949,385$941,060$932,934$925,000$897,548
2 years$474,216$465,385$456,825$448,526$440,476$413,046
3 years$313,004$304,134$295,596$287,375$279,456$252,907
4 years$232,413$223,571$215,118$207,038$199,311$173,846
5 years$184,072$175,282$166,941$159,025$151,513$127,202
6 years$151,855$143,131$134,913$127,173$119,887$96,752
7 years$128,851$120,201$112,113$104,556$97,500$75,541
8 years$111,607$103,035$95,081$87,710$80,886$60,088
9 years$98,201$89,710$81,893$74,709$68,118$48,460
10 years$87,483$79,075$71,396$64,400$58,040$39,495
11 years$78,720$70,396$62,856$56,047$49,916$32,453
12 years$71,422$63,184$55,783$49,161$43,256$26,839
13 years$65,252$57,100$49,839$43,402$37,720$22,312
14 years$59,968$51,902$44,780$38,527$33,065$18,627
15 years$55,392$47,413$40,431$34,360$29,113$15,603
16 years$51,392$43,501$36,656$30,765$25,730$13,108
17 years$47,867$40,063$33,356$27,642$22,814$11,037
18 years$44,737$37,020$30,449$24,911$20,285$9,312
19 years$41,939$34,309$27,875$22,509$18,081$7,869
20 years$39,425$31,882$25,582$20,387$16,150$6,659
21 years$37,153$29,697$23,531$18,502$14,453$5,641
22 years$35,090$27,721$21,687$16,823$12,955$4,783
23 years$33,209$25,927$20,024$15,321$11,629$4,059
24 years$31,488$24,292$18,519$13,973$10,452$3,447
25 years$29,907$22,797$17,152$12,761$9,405$2,929
26 years$28,449$21,425$15,908$11,668$8,472$2,490
27 years$27,102$20,164$14,772$10,680$7,638$2,118
28 years$25,854$19,000$13,732$9,785$6,892$1,802
29 years$24,694$17,924$12,779$8,973$6,223$1,534
30 years$23,613$16,928$11,903$8,235$5,623$1,306
31 years$22,603$16,002$11,097$7,564$5,084$1,112
32 years$21,659$15,141$10,354$6,951$4,599$947
33 years$20,774$14,339$9,667$6,392$4,162$806
34 years$19,943$13,590$9,033$5,881$3,768$687
35 years$19,160$12,890$8,445$5,414$3,413$585
36 years$18,423$12,235$7,900$4,986$3,092$499
37 years$17,728$11,620$7,394$4,594$2,803$425
38 years$17,071$11,043$6,924$4,235$2,541$362
39 years$16,449$10,501$6,487$3,904$2,304$309
40 years$15,859$9,991$6,081$3,601$2,090$263
41 years$15,300$9,510$5,702$3,323$1,896$224
42 years$14,768$9,057$5,348$3,066$1,720$191
43 years$14,263$8,630$5,019$2,831$1,561$163
44 years$13,782$8,226$4,711$2,614$1,417$139
45 years$13,324$7,844$4,423$2,414$1,287$118
46 years$12,887$7,483$4,155$2,230$1,168$101
47 years$12,470$7,141$3,903$2,060$1,061$86
48 years$12,072$6,817$3,668$1,903$963$73
49 years$11,690$6,510$3,448$1,759$875$62
50 years$11,326$6,219$3,241$1,626$795$53

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 $2,845 every year, while hoping to spend $55,455 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: 75/11/14 Blend
50$11,600,000$11,600,000$11,600,000$11,600,000
51$12,786,135$12,171,335$11,991,535$13,706,992
52$14,031,317$12,708,726$12,334,247$14,853,094
53$15,401,649$13,270,592$12,686,582$16,101,647
54$16,909,837$13,858,071$13,048,803$17,468,530
55$18,569,884$14,472,360$13,421,181$18,965,492
56$20,397,215$15,114,708$13,803,994$20,605,468
57$22,408,830$15,786,428$14,197,527$22,402,699
58$24,623,459$16,488,892$14,602,073$24,372,870
59$27,061,742$17,223,537$15,017,932$26,533,246
60$29,746,420$17,991,871$15,445,413$28,902,842
61$32,702,554$18,795,472$15,884,833$31,502,600
62$35,957,756$19,635,991$16,336,517$34,355,579
63$39,542,454$20,515,162$16,800,797$37,487,176
64$43,490,177$21,434,798$17,278,017$40,925,361
65$47,837,872$22,396,799$17,768,527$44,700,941
66$52,626,249$23,403,157$18,272,687$48,847,847
67$57,900,172$24,455,957$18,790,867$53,403,450
68$63,709,076$25,557,385$19,323,447$58,408,918
69$70,107,434$26,709,730$19,870,816$63,909,594
70$77,155,277$27,915,391$20,433,372$69,955,426
71$84,918,751$29,176,881$21,011,526$76,601,435
72$93,470,749$30,496,834$21,605,698$83,908,232
73$102,891,595$31,878,008$22,216,319$91,942,584
74$113,269,803$33,323,295$22,843,830$100,778,048
75$124,702,910$34,835,724$23,488,686$110,495,653
76$137,298,402$36,418,469$24,151,351$121,184,669
77$151,174,721$38,074,856$24,832,304$132,943,443
78$166,462,388$39,808,371$25,532,032$145,880,323
79$183,305,235$41,622,664$26,251,039$160,114,681
80$201,861,759$43,521,564$26,989,838$175,778,031
81$222,306,619$45,509,081$27,748,958$193,015,268
82$244,832,285$47,589,418$28,528,939$211,986,032
83$269,650,857$49,766,978$29,330,338$232,866,213
84$296,996,063$52,046,378$30,153,722$255,849,601
85$327,125,465$54,432,454$30,999,675$281,149,716
86$360,322,893$56,930,275$31,868,795$309,001,816
87$396,901,125$59,545,155$32,761,696$339,665,111
88$437,204,832$62,282,661$33,679,006$373,425,208
89$481,613,842$65,148,628$34,621,369$410,596,800
90$530,546,715$68,149,172$35,589,447$451,526,630
91$584,464,701$71,290,702$36,583,914$496,596,760
92$643,876,092$74,579,938$37,605,467$546,228,167
93$709,341,019$78,023,920$38,654,815$600,884,717
94$781,476,739$81,630,029$39,732,688$661,077,530
95$860,963,465$85,405,999$40,839,832$727,369,803
96$948,550,785$89,359,939$41,977,012$800,382,117
97$1,045,064,736$93,500,347$43,145,013$880,798,287
98$1,151,415,606$97,836,131$44,344,638$969,371,810
99$1,268,606,524$102,376,628$45,576,710$1,066,932,971
100$1,397,742,931$107,131,624$46,842,071$1,174,396,667