Can I retire at age 51 with 11,800,000?

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 $11,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$974,433$965,753$957,285$949,019$940,949$911,924
2 years$482,393$473,408$464,701$456,259$448,071$419,083
3 years$318,401$309,378$300,693$292,330$284,274$256,232
4 years$236,421$227,425$218,827$210,607$202,747$175,865
5 years$187,245$178,304$169,819$161,766$154,125$128,477
6 years$154,473$145,599$137,239$129,366$121,954$97,561
7 years$131,073$122,274$114,046$106,359$99,181$76,042
8 years$113,531$104,811$96,720$89,222$82,280$60,380
9 years$99,894$91,257$83,305$75,997$69,292$48,607
10 years$88,992$80,438$72,627$65,510$59,040$39,540
11 years$80,077$71,610$63,940$57,014$50,777$32,427
12 years$72,653$64,273$56,745$50,009$44,002$26,765
13 years$66,377$58,084$50,698$44,150$38,370$22,205
14 years$61,001$52,797$45,552$39,192$33,635$18,499
15 years$56,347$48,231$41,128$34,952$29,615$15,464
16 years$52,278$44,251$37,288$31,296$26,174$12,962
17 years$48,692$40,753$33,931$28,119$23,208$10,891
18 years$45,508$37,658$30,974$25,341$20,635$9,168
19 years$42,662$34,901$28,356$22,898$18,393$7,730
20 years$40,104$32,432$26,023$20,738$16,429$6,526
21 years$37,793$30,209$23,936$18,821$14,702$5,516
22 years$35,695$28,199$22,061$17,113$13,178$4,666
23 years$33,782$26,374$20,370$15,585$11,829$3,951
24 years$32,031$24,711$18,838$14,214$10,633$3,347
25 years$30,422$23,190$17,448$12,981$9,568$2,837
26 years$28,940$21,795$16,182$11,870$8,618$2,406
27 years$27,570$20,511$15,027$10,864$7,770$2,042
28 years$26,300$19,328$13,969$9,954$7,011$1,733
29 years$25,119$18,233$13,000$9,128$6,331$1,471
30 years$24,020$17,219$12,109$8,377$5,720$1,249
31 years$22,993$16,278$11,289$7,694$5,172$1,061
32 years$22,033$15,402$10,532$7,071$4,678$901
33 years$21,132$14,586$9,834$6,502$4,234$766
34 years$20,286$13,825$9,188$5,983$3,833$651
35 years$19,491$13,112$8,591$5,507$3,472$553
36 years$18,741$12,446$8,036$5,072$3,146$470
37 years$18,034$11,820$7,522$4,673$2,851$399
38 years$17,365$11,234$7,044$4,308$2,585$340
39 years$16,732$10,682$6,599$3,972$2,344$289
40 years$16,132$10,163$6,186$3,663$2,126$245
41 years$15,564$9,674$5,800$3,380$1,929$209
42 years$15,023$9,213$5,441$3,119$1,750$177
43 years$14,509$8,779$5,105$2,879$1,588$151
44 years$14,020$8,368$4,792$2,659$1,442$128
45 years$13,554$7,979$4,500$2,455$1,309$109
46 years$13,109$7,612$4,226$2,268$1,188$93
47 years$12,685$7,264$3,971$2,095$1,079$79
48 years$12,280$6,935$3,731$1,936$980$67
49 years$11,892$6,622$3,507$1,789$890$57
50 years$11,521$6,326$3,297$1,654$808$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,800,000, adding $5,571 every year, while hoping to spend $38,532 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: 65/7/28 Blend
50$11,800,000$11,800,000$11,800,000$11,800,000
51$13,009,346$12,383,946$12,201,046$13,758,232
52$14,295,302$12,949,762$12,568,784$14,831,024
53$15,711,134$13,542,011$12,947,549$15,998,382
54$17,270,048$14,161,949$13,337,670$17,273,553
55$18,986,598$14,810,889$13,739,487$18,667,156
56$20,876,818$15,490,209$14,153,347$20,190,878
57$22,958,379$16,201,355$14,579,610$21,857,587
58$25,250,750$16,945,839$15,018,644$23,681,447
59$27,775,389$17,725,246$15,470,830$25,678,054
60$30,555,935$18,541,241$15,936,560$27,864,578
61$33,618,443$19,395,563$16,416,237$30,259,925
62$36,991,619$20,290,041$16,910,275$32,884,912
63$40,707,098$21,226,587$17,419,103$35,762,464
64$44,799,739$22,207,207$17,943,161$38,917,826
65$49,307,956$23,234,003$18,482,900$42,378,797
66$54,274,078$24,309,180$19,038,788$46,175,997
67$59,744,751$25,435,047$19,611,305$50,343,145
68$65,771,377$26,614,026$20,200,944$54,917,382
69$72,410,597$27,848,653$20,808,216$59,939,614
70$79,724,829$29,141,588$21,433,642$65,454,898
71$87,782,857$30,495,621$22,077,764$71,512,864
72$96,660,475$31,913,673$22,741,136$78,168,180
73$106,441,209$33,398,808$23,424,329$85,481,066
74$117,217,100$34,954,238$24,127,933$93,517,857
75$129,089,578$36,583,329$24,852,552$102,351,629
76$142,170,413$38,289,610$25,598,810$112,062,884
77$156,582,774$40,076,780$26,367,350$122,740,305
78$172,462,392$41,948,718$27,158,831$134,481,593
79$189,958,839$43,909,488$27,973,935$147,394,380
80$209,236,940$45,963,352$28,813,361$161,597,248
81$230,478,329$48,114,777$29,677,830$177,220,838
82$253,883,166$50,368,448$30,568,084$194,409,083
83$279,672,021$52,729,275$31,484,887$213,320,559
84$308,087,962$55,202,404$32,429,026$234,129,981
85$339,398,845$57,793,233$33,401,309$257,029,846
86$373,899,844$60,507,418$34,402,570$282,232,244
87$411,916,238$63,350,892$35,433,666$309,970,855
88$453,806,481$66,329,871$36,495,480$340,503,152
89$499,965,584$69,450,877$37,588,920$374,112,825
90$550,828,847$72,720,743$38,714,923$411,112,451
91$606,875,966$76,146,637$39,874,449$451,846,442
92$668,635,562$79,736,070$41,068,491$496,694,287
93$736,690,173$83,496,920$42,298,069$546,074,132
94$811,681,747$87,437,446$43,564,231$600,446,716
95$894,317,711$91,566,307$44,868,058$660,319,717
96$985,377,643$95,892,581$46,210,664$726,252,535
97$1,085,720,633$100,425,788$47,593,192$798,861,568
98$1,196,293,394$105,175,908$49,016,820$878,826,020
99$1,318,139,198$110,153,406$50,482,761$966,894,307
100$1,452,407,727$115,369,253$51,992,264$1,063,891,112