Can I retire at age 51 with 11,700,000?

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 $11,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$966,175$957,569$949,172$940,977$932,974$917,141
2 years$478,304$469,397$460,763$452,393$444,274$428,370
3 years$315,702$306,756$298,144$289,852$281,865$266,388
4 years$234,417$225,498$216,973$208,822$201,029$186,096
5 years$185,659$176,793$168,380$160,396$152,819$138,474
6 years$153,164$144,365$136,076$128,270$120,920$107,179
7 years$129,962$121,237$113,080$105,458$98,341$85,207
8 years$112,569$103,923$95,901$88,466$81,583$69,055
9 years$99,048$90,484$82,599$75,353$68,705$56,775
10 years$88,237$79,757$72,012$64,955$58,540$47,198
11 years$79,398$71,003$63,398$56,530$50,346$39,580
12 years$72,038$63,728$56,264$49,585$43,629$33,425
13 years$65,814$57,592$50,268$43,776$38,045$28,388
14 years$60,484$52,349$45,166$38,859$33,350$24,223
15 years$55,870$47,822$40,779$34,656$29,364$20,749
16 years$51,835$43,876$36,972$31,030$25,952$17,831
17 years$48,280$40,408$33,643$27,881$23,011$15,366
18 years$45,122$37,339$30,712$25,126$20,460$13,272
19 years$42,301$34,605$28,115$22,704$18,237$11,486
20 years$39,765$32,157$25,803$20,562$16,289$9,958
21 years$37,473$29,953$23,734$18,662$14,577$8,645
22 years$35,392$27,960$21,874$16,968$13,066$7,515
23 years$33,495$26,150$20,197$15,453$11,729$6,539
24 years$31,759$24,501$18,679$14,094$10,542$5,695
25 years$30,164$22,993$17,300$12,871$9,487$4,964
26 years$28,695$21,610$16,045$11,769$8,545$4,330
27 years$27,336$20,337$14,899$10,772$7,704$3,780
28 years$26,077$19,164$13,851$9,870$6,952$3,301
29 years$24,906$18,079$12,889$9,051$6,277$2,884
30 years$23,816$17,074$12,006$8,306$5,672$2,520
31 years$22,798$16,140$11,193$7,629$5,128$2,204
32 years$21,846$15,272$10,443$7,011$4,638$1,927
33 years$20,953$14,463$9,751$6,447$4,198$1,686
34 years$20,114$13,707$9,111$5,932$3,801$1,475
35 years$19,326$13,001$8,518$5,461$3,442$1,291
36 years$18,582$12,340$7,968$5,029$3,119$1,130
37 years$17,881$11,720$7,458$4,634$2,827$989
38 years$17,218$11,138$6,984$4,271$2,563$866
39 years$16,590$10,592$6,543$3,938$2,324$759
40 years$15,996$10,077$6,133$3,632$2,108$664
41 years$15,432$9,592$5,751$3,351$1,912$582
42 years$14,896$9,135$5,395$3,093$1,735$510
43 years$14,386$8,704$5,062$2,855$1,575$447
44 years$13,901$8,297$4,752$2,636$1,430$391
45 years$13,439$7,912$4,462$2,435$1,298$343
46 years$12,998$7,548$4,190$2,249$1,178$300
47 years$12,578$7,203$3,937$2,078$1,070$263
48 years$12,176$6,876$3,700$1,920$972$231
49 years$11,791$6,566$3,477$1,774$883$202
50 years$11,423$6,272$3,269$1,640$802$177

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,700,000, adding $2,266 every year, while hoping to spend $26,809 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: 57/34/9 Blend
50$11,700,000$11,700,000$11,700,000$11,700,000
51$12,895,737$12,275,637$12,094,287$13,603,326
52$14,182,578$12,848,619$12,470,921$14,653,435
53$15,599,778$13,448,778$12,859,274$15,793,881
54$17,160,605$14,077,418$13,259,710$17,035,828
55$18,879,681$14,735,906$13,672,604$18,388,985
56$20,773,117$15,425,673$14,098,344$19,864,016
57$22,858,665$16,148,222$14,537,330$21,472,648
58$25,155,890$16,905,126$14,989,972$23,227,769
59$27,686,350$17,698,037$15,456,695$25,143,548
60$30,473,801$18,528,683$15,937,937$27,235,566
61$33,544,420$19,398,880$16,434,149$29,520,953
62$36,927,054$20,310,529$16,945,797$32,018,553
63$40,653,492$21,265,623$17,473,359$34,749,088
64$44,758,762$22,266,253$18,017,331$37,735,353
65$49,281,467$23,314,610$18,578,222$41,002,425
66$54,264,142$24,412,992$19,156,559$44,577,890
67$59,753,664$25,563,807$19,752,882$48,492,103
68$65,801,686$26,769,582$20,367,752$52,778,462
69$72,465,130$28,032,964$21,001,744$57,473,721
70$79,806,723$29,356,729$21,655,452$62,618,327
71$87,895,589$30,743,788$22,329,490$68,256,793
72$96,807,899$32,197,194$23,024,488$74,438,115
73$106,627,594$33,720,146$23,741,097$81,216,219
74$117,447,174$35,315,999$24,479,990$88,650,470
75$129,368,574$36,988,271$25,241,857$96,806,214
76$142,504,123$38,740,650$26,027,414$105,755,393
77$156,977,607$40,577,005$26,837,396$115,577,208
78$172,925,434$42,501,391$27,672,560$126,358,863
79$190,497,928$44,518,058$28,533,691$138,196,369
80$209,860,741$46,631,467$29,421,593$151,195,444
81$231,196,419$48,846,291$30,337,099$165,472,498
82$254,706,127$51,167,433$31,281,065$181,155,720
83$280,611,548$53,600,033$32,254,377$198,386,271
84$309,156,971$56,149,480$33,257,944$217,319,609
85$340,611,603$58,821,426$34,292,706$238,126,935
86$375,272,108$61,621,796$35,359,633$260,996,799
87$413,465,404$64,556,806$36,459,722$286,136,863
88$455,551,757$67,632,971$37,594,004$313,775,841
89$501,928,173$70,857,124$38,763,540$344,165,648
90$553,032,153$74,236,429$39,969,425$377,583,750
91$609,345,819$77,778,400$41,212,787$414,335,775
92$671,400,468$81,490,917$42,494,790$454,758,368
93$739,781,583$85,382,240$43,816,634$499,222,354
94$815,134,368$89,461,033$45,179,555$548,136,216
95$898,169,832$93,736,381$46,584,828$601,949,927
96$989,671,503$98,217,812$48,033,768$661,159,172
97$1,090,502,827$102,915,317$49,527,730$726,310,007
98$1,201,615,319$107,839,370$51,068,113$798,003,981
99$1,324,057,543$113,000,961$52,656,356$876,903,794
100$1,458,985,014$118,411,610$54,293,945$963,739,518