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%11.8%
1 years$974,433$965,753$957,285$949,019$940,949$933,845
2 years$482,393$473,408$464,701$456,259$448,071$440,909
3 years$318,401$309,378$300,693$292,330$284,274$277,276
4 years$236,421$227,425$218,827$210,607$202,747$195,966
5 years$187,245$178,304$169,819$161,766$154,125$147,582
6 years$154,473$145,599$137,239$129,366$121,954$115,656
7 years$131,073$122,274$114,046$106,359$99,181$93,132
8 years$113,531$104,811$96,720$89,222$82,280$76,480
9 years$99,894$91,257$83,305$75,997$69,292$63,739
10 years$88,992$80,438$72,627$65,510$59,040$53,731
11 years$80,077$71,610$63,940$57,014$50,777$45,708
12 years$72,653$64,273$56,745$50,009$44,002$39,169
13 years$66,377$58,084$50,698$44,150$38,370$33,768
14 years$61,001$52,797$45,552$39,192$33,635$29,257
15 years$56,347$48,231$41,128$34,952$29,615$25,456
16 years$52,278$44,251$37,288$31,296$26,174$22,227
17 years$48,692$40,753$33,931$28,119$23,208$19,467
18 years$45,508$37,658$30,974$25,341$20,635$17,094
19 years$42,662$34,901$28,356$22,898$18,393$15,043
20 years$40,104$32,432$26,023$20,738$16,429$13,264
21 years$37,793$30,209$23,936$18,821$14,702$11,715
22 years$35,695$28,199$22,061$17,113$13,178$10,363
23 years$33,782$26,374$20,370$15,585$11,829$9,178
24 years$32,031$24,711$18,838$14,214$10,633$8,138
25 years$30,422$23,190$17,448$12,981$9,568$7,222
26 years$28,940$21,795$16,182$11,870$8,618$6,416
27 years$27,570$20,511$15,027$10,864$7,770$5,704
28 years$26,300$19,328$13,969$9,954$7,011$5,074
29 years$25,119$18,233$13,000$9,128$6,331$4,516
30 years$24,020$17,219$12,109$8,377$5,720$4,022
31 years$22,993$16,278$11,289$7,694$5,172$3,584
32 years$22,033$15,402$10,532$7,071$4,678$3,195
33 years$21,132$14,586$9,834$6,502$4,234$2,849
34 years$20,286$13,825$9,188$5,983$3,833$2,541
35 years$19,491$13,112$8,591$5,507$3,472$2,267
36 years$18,741$12,446$8,036$5,072$3,146$2,024
37 years$18,034$11,820$7,522$4,673$2,851$1,807
38 years$17,365$11,234$7,044$4,308$2,585$1,613
39 years$16,732$10,682$6,599$3,972$2,344$1,441
40 years$16,132$10,163$6,186$3,663$2,126$1,287
41 years$15,564$9,674$5,800$3,380$1,929$1,150
42 years$15,023$9,213$5,441$3,119$1,750$1,027
43 years$14,509$8,779$5,105$2,879$1,588$918
44 years$14,020$8,368$4,792$2,659$1,442$820
45 years$13,554$7,979$4,500$2,455$1,309$733
46 years$13,109$7,612$4,226$2,268$1,188$655
47 years$12,685$7,264$3,971$2,095$1,079$586
48 years$12,280$6,935$3,731$1,936$980$524
49 years$11,892$6,622$3,507$1,789$890$468
50 years$11,521$6,326$3,297$1,654$808$419

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 $3,259 every year, while hoping to spend $49,750 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: 33/41/26 Blend
50$11,800,000$11,800,000$11,800,000$11,800,000
51$13,006,962$12,381,562$12,198,662$13,332,990
52$14,280,738$12,935,325$12,554,383$14,133,482
53$15,682,772$13,514,554$12,920,354$14,990,910
54$17,226,094$14,120,447$13,296,865$15,914,023
55$18,925,061$14,754,253$13,684,215$16,908,658
56$20,795,492$15,417,287$14,082,711$17,981,218
57$22,854,819$16,110,921$14,492,669$19,138,716
58$25,122,251$16,836,597$14,914,414$20,388,844
59$27,618,953$17,595,822$15,348,278$21,740,039
60$30,368,246$18,390,177$15,794,606$23,201,553
61$33,395,830$19,221,319$16,253,748$24,783,540
62$36,730,023$20,090,982$16,726,068$26,497,141
63$40,402,031$21,000,985$17,211,936$28,354,586
64$44,446,238$21,953,233$17,711,736$30,369,302
65$48,900,535$22,949,722$18,225,859$32,556,033
66$53,806,675$23,992,544$18,754,711$34,930,971
67$59,210,667$25,083,890$19,298,705$37,511,901
68$65,163,211$26,226,057$19,858,267$40,318,363
69$71,720,175$27,421,451$20,433,837$43,371,829
70$78,943,126$28,672,594$21,025,863$46,695,891
71$86,899,903$29,982,130$21,634,807$50,316,482
72$95,665,265$31,352,826$22,261,146$54,262,108
73$105,321,595$32,787,587$22,905,366$58,564,107
74$115,959,671$34,289,453$23,567,970$63,256,935
75$127,679,533$35,861,611$24,249,472$68,378,482
76$140,591,417$37,507,402$24,950,402$73,970,416
77$154,816,804$39,230,327$25,671,303$80,078,565
78$170,489,560$41,034,055$26,412,733$86,753,341
79$187,757,202$42,922,431$27,175,267$94,050,197
80$206,782,292$44,899,485$27,959,493$102,030,142
81$227,743,967$46,969,441$28,766,018$110,760,302
82$250,839,635$49,136,727$29,595,462$120,314,536
83$276,286,832$51,405,981$30,448,465$130,774,122
84$304,325,283$53,782,068$31,325,682$142,228,506
85$335,219,157$56,270,085$32,227,788$154,776,129
86$369,259,567$58,875,374$33,155,474$168,525,342
87$406,767,312$61,603,537$34,109,452$183,595,406
88$448,095,909$64,460,442$35,090,451$200,117,603
89$493,634,932$67,452,243$36,099,220$218,236,452
90$543,813,681$70,585,390$37,136,531$238,111,055
91$599,105,245$73,866,642$38,203,172$259,916,574
92$660,030,959$77,303,086$39,299,958$283,845,866
93$727,165,331$80,902,152$40,427,720$310,111,275
94$801,141,461$84,671,624$41,587,316$338,946,613
95$882,657,024$88,619,667$42,779,624$370,609,345
96$972,480,846$92,754,836$44,005,547$405,382,984
97$1,071,460,171$97,086,102$45,266,012$443,579,747
98$1,180,528,655$101,622,868$46,561,970$485,543,467
99$1,300,715,181$106,374,991$47,894,399$531,652,810
100$1,433,153,569$111,352,805$49,264,301$582,324,816