Can I retire at age 51 with 11,900,000?

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$982,691$973,938$965,398$957,062$948,923$920,021
2 years$486,481$477,420$468,640$460,126$451,868$422,998
3 years$321,099$311,999$303,241$294,807$286,684$258,751
4 years$238,424$229,353$220,682$212,392$204,465$177,684
5 years$188,832$179,815$171,258$163,137$155,431$129,873
6 years$155,782$146,833$138,402$130,462$122,987$98,676
7 years$132,184$123,310$115,013$107,260$100,022$76,955
8 years$114,493$105,699$97,540$89,978$82,978$61,141
9 years$100,741$92,030$84,011$76,641$69,879$49,249
10 years$89,746$81,120$73,243$66,065$59,541$40,088
11 years$80,756$72,217$64,482$57,497$51,207$32,898
12 years$73,269$64,818$57,226$50,432$44,375$27,171
13 years$66,939$58,576$51,128$44,524$38,696$22,557
14 years$61,518$53,244$45,938$39,524$33,920$18,805
15 years$56,825$48,640$41,476$35,248$29,866$15,731
16 years$52,721$44,626$37,604$31,561$26,396$13,196
17 years$49,105$41,099$34,218$28,357$23,404$11,095
18 years$45,894$37,977$31,237$25,556$20,810$9,347
19 years$43,024$35,197$28,596$23,092$18,548$7,887
20 years$40,444$32,707$26,244$20,914$16,568$6,663
21 years$38,113$30,465$24,139$18,981$14,826$5,636
22 years$35,997$28,438$22,248$17,258$13,290$4,772
23 years$34,068$26,597$20,542$15,717$11,930$4,043
24 years$32,302$24,920$18,998$14,335$10,723$3,428
25 years$30,680$23,386$17,596$13,091$9,649$2,908
26 years$29,185$21,979$16,319$11,970$8,691$2,469
27 years$27,803$20,685$15,154$10,957$7,836$2,096
28 years$26,523$19,491$14,088$10,039$7,070$1,781
29 years$25,332$18,388$13,110$9,206$6,384$1,513
30 years$24,223$17,365$12,211$8,448$5,769$1,286
31 years$23,188$16,416$11,384$7,759$5,215$1,093
32 years$22,219$15,533$10,622$7,131$4,718$929
33 years$21,311$14,710$9,917$6,557$4,270$790
34 years$20,458$13,942$9,266$6,033$3,866$672
35 years$19,656$13,223$8,663$5,554$3,501$572
36 years$18,900$12,551$8,104$5,115$3,172$486
37 years$18,186$11,921$7,586$4,713$2,875$414
38 years$17,512$11,329$7,104$4,344$2,607$352
39 years$16,874$10,773$6,655$4,005$2,364$299
40 years$16,269$10,249$6,238$3,694$2,144$255
41 years$15,695$9,756$5,849$3,409$1,945$217
42 years$15,150$9,292$5,487$3,146$1,765$184
43 years$14,632$8,853$5,149$2,904$1,602$157
44 years$14,139$8,439$4,833$2,681$1,454$134
45 years$13,669$8,047$4,538$2,476$1,320$114
46 years$13,221$7,677$4,262$2,287$1,198$97
47 years$12,793$7,326$4,004$2,113$1,088$82
48 years$12,384$6,994$3,763$1,953$988$70
49 years$11,993$6,678$3,537$1,805$898$60
50 years$11,619$6,379$3,325$1,668$815$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,900,000, adding $3,344 every year, while hoping to spend $42,429 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: 69/14/17 Blend
50$11,900,000$11,900,000$11,900,000$11,900,000
51$13,117,249$12,486,549$12,302,099$13,969,000
52$14,410,065$13,053,246$12,669,076$15,103,762
53$15,833,325$13,646,289$13,046,923$16,339,579
54$17,400,291$14,266,924$13,435,962$17,690,689
55$19,125,575$14,916,457$13,836,521$19,168,452
56$21,025,277$15,596,257$14,248,938$20,785,372
57$23,117,138$16,307,757$14,673,561$22,555,210
58$25,420,709$17,052,460$15,110,748$24,493,116
59$27,957,532$17,831,940$15,560,868$26,615,765
60$30,751,343$18,647,849$16,024,300$28,941,517
61$33,828,301$19,501,914$16,501,434$31,490,583
62$37,217,228$20,395,948$16,992,673$34,285,218
63$40,949,887$21,331,851$17,498,429$37,349,923
64$45,061,277$22,311,614$18,019,128$40,711,680
65$49,589,965$23,337,321$18,555,207$44,400,197
66$54,578,451$24,411,160$19,107,117$48,448,190
67$60,073,568$25,535,421$19,675,320$52,891,689
68$66,126,923$26,712,507$20,260,293$57,770,370
69$72,795,383$27,944,935$20,862,528$63,127,932
70$80,141,618$29,235,342$21,482,528$69,012,502
71$88,234,683$30,586,494$22,120,813$75,477,086
72$97,150,677$32,001,289$22,777,917$82,580,069
73$106,973,459$33,482,764$23,454,389$90,385,758
74$117,795,437$35,034,105$24,150,796$98,964,984
75$129,718,443$36,658,647$24,867,720$108,395,773
76$142,854,694$38,359,891$25,605,758$118,764,071
77$157,327,849$40,141,501$26,365,527$130,164,551
78$173,274,178$42,007,323$27,147,660$142,701,509
79$190,843,847$43,961,385$27,952,810$156,489,832
80$210,202,337$46,007,911$28,781,647$171,656,089
81$231,532,005$48,151,328$29,634,862$188,339,710
82$255,033,803$50,396,277$30,513,163$206,694,304
83$280,929,179$52,747,622$31,417,282$226,889,096
84$309,462,163$55,210,464$32,347,969$249,110,526
85$340,901,676$57,790,149$33,305,999$273,563,994
86$375,544,062$60,492,281$34,292,164$300,475,799
87$413,715,889$63,322,736$35,307,285$330,095,264
88$455,777,033$66,287,673$36,352,201$362,697,082
89$502,124,069$69,393,548$37,427,779$398,583,905
90$553,194,024$72,647,131$38,534,909$438,089,187
91$609,468,492$76,055,519$39,674,507$481,580,328
92$671,478,190$79,626,151$40,847,515$529,462,132
93$739,807,960$83,366,827$42,054,901$582,180,618
94$815,102,295$87,285,725$43,297,664$640,227,221
95$898,071,421$91,391,417$44,576,827$704,143,424
96$989,498,002$95,692,892$45,893,446$774,525,853
97$1,090,244,527$100,199,573$47,248,606$852,031,903
98$1,201,261,457$104,921,340$48,643,422$937,385,934
99$1,323,596,191$109,868,551$50,079,042$1,031,386,088
100$1,458,402,959$115,052,066$51,556,647$1,134,911,824