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%16.5%
1 years$982,691$973,938$965,398$957,062$948,923$923,735
2 years$486,481$477,420$468,640$460,126$451,868$426,667
3 years$321,099$311,999$303,241$294,807$286,684$262,259
4 years$238,424$229,353$220,682$212,392$204,465$181,004
5 years$188,832$179,815$171,258$163,137$155,431$132,999
6 years$155,782$146,833$138,402$130,462$122,987$101,605
7 years$132,184$123,310$115,013$107,260$100,022$79,690
8 years$114,493$105,699$97,540$89,978$82,978$63,688
9 years$100,741$92,030$84,011$76,641$69,879$51,613
10 years$89,746$81,120$73,243$66,065$59,541$42,275
11 years$80,756$72,217$64,482$57,497$51,207$34,916
12 years$73,269$64,818$57,226$50,432$44,375$29,029
13 years$66,939$58,576$51,128$44,524$38,696$24,263
14 years$61,518$53,244$45,938$39,524$33,920$20,368
15 years$56,825$48,640$41,476$35,248$29,866$17,158
16 years$52,721$44,626$37,604$31,561$26,396$14,497
17 years$49,105$41,099$34,218$28,357$23,404$12,278
18 years$45,894$37,977$31,237$25,556$20,810$10,420
19 years$43,024$35,197$28,596$23,092$18,548$8,859
20 years$40,444$32,707$26,244$20,914$16,568$7,542
21 years$38,113$30,465$24,139$18,981$14,826$6,429
22 years$35,997$28,438$22,248$17,258$13,290$5,486
23 years$34,068$26,597$20,542$15,717$11,930$4,685
24 years$32,302$24,920$18,998$14,335$10,723$4,004
25 years$30,680$23,386$17,596$13,091$9,649$3,424
26 years$29,185$21,979$16,319$11,970$8,691$2,930
27 years$27,803$20,685$15,154$10,957$7,836$2,508
28 years$26,523$19,491$14,088$10,039$7,070$2,148
29 years$25,332$18,388$13,110$9,206$6,384$1,840
30 years$24,223$17,365$12,211$8,448$5,769$1,577
31 years$23,188$16,416$11,384$7,759$5,215$1,351
32 years$22,219$15,533$10,622$7,131$4,718$1,158
33 years$21,311$14,710$9,917$6,557$4,270$993
34 years$20,458$13,942$9,266$6,033$3,866$852
35 years$19,656$13,223$8,663$5,554$3,501$731
36 years$18,900$12,551$8,104$5,115$3,172$627
37 years$18,186$11,921$7,586$4,713$2,875$538
38 years$17,512$11,329$7,104$4,344$2,607$461
39 years$16,874$10,773$6,655$4,005$2,364$396
40 years$16,269$10,249$6,238$3,694$2,144$340
41 years$15,695$9,756$5,849$3,409$1,945$291
42 years$15,150$9,292$5,487$3,146$1,765$250
43 years$14,632$8,853$5,149$2,904$1,602$215
44 years$14,139$8,439$4,833$2,681$1,454$184
45 years$13,669$8,047$4,538$2,476$1,320$158
46 years$13,221$7,677$4,262$2,287$1,198$136
47 years$12,793$7,326$4,004$2,113$1,088$116
48 years$12,384$6,994$3,763$1,953$988$100
49 years$11,993$6,678$3,537$1,805$898$86
50 years$11,619$6,379$3,325$1,668$815$74

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 $2,045 every year, while hoping to spend $26,757 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: 39/40/21 Blend
50$11,900,000$11,900,000$11,900,000$11,900,000
51$13,115,909$12,485,209$12,300,759$13,545,305
52$14,425,263$13,068,515$12,684,366$14,438,081
53$15,867,274$13,679,507$13,079,926$15,400,110
54$17,455,445$14,319,511$13,487,812$16,439,807
55$19,204,655$14,989,922$13,908,409$17,564,235
56$21,131,300$15,692,199$14,342,111$18,781,137
57$23,253,448$16,427,872$14,789,327$20,099,012
58$25,591,008$17,198,546$15,250,478$21,527,178
59$28,165,919$18,005,903$15,725,997$23,075,866
60$31,002,356$18,851,706$16,216,331$24,756,303
61$34,126,961$19,737,804$16,721,943$26,580,814
62$37,569,090$20,666,135$17,243,307$28,562,933
63$41,361,093$21,638,731$17,780,913$30,717,522
64$45,538,619$22,657,724$18,335,269$33,060,907
65$50,140,951$23,725,346$18,906,894$35,611,021
66$55,211,380$24,843,939$19,496,326$38,387,568
67$60,797,607$26,015,959$20,104,120$41,412,201
68$66,952,202$27,243,980$20,730,847$44,708,717
69$73,733,093$28,530,701$21,377,096$48,303,273
70$81,204,115$29,878,952$22,043,476$52,224,623
71$89,435,615$31,291,700$22,730,612$56,504,383
72$98,505,110$32,772,057$23,439,150$61,177,313
73$108,498,027$34,323,283$24,169,757$66,281,641
74$119,508,501$35,948,799$24,923,119$71,859,409
75$131,640,269$37,652,191$25,699,945$77,956,860
76$145,007,647$39,437,219$26,500,964$84,624,861
77$159,736,610$41,307,826$27,326,929$91,919,370
78$175,965,981$43,268,146$28,178,617$99,901,954
79$193,848,738$45,322,512$29,056,828$108,640,354
80$213,553,465$47,475,471$29,962,387$118,209,108
81$235,265,937$49,731,787$30,896,146$128,690,245
82$259,190,876$52,096,459$31,858,981$140,174,037
83$285,553,886$54,574,726$32,851,797$152,759,839
84$314,603,577$57,172,082$33,875,527$166,557,007
85$346,613,917$59,894,289$34,931,132$181,685,913
86$381,886,816$62,747,389$36,019,605$198,279,063
87$420,754,977$65,737,717$37,141,967$216,482,325
88$463,585,035$68,871,915$38,299,273$236,456,289
89$510,781,020$72,156,950$39,492,610$258,377,758
90$562,788,170$75,600,127$40,723,099$282,441,395
91$620,097,135$79,209,105$41,991,895$308,861,536
92$683,248,609$82,991,917$43,300,189$337,874,190
93$752,838,432$86,956,987$44,649,211$369,739,238
94$829,523,219$91,113,146$46,040,226$404,742,862
95$914,026,555$95,469,658$47,474,542$443,200,214
96$1,007,145,829$100,036,236$48,953,504$485,458,364
97$1,109,759,758$104,823,066$50,478,501$531,899,543
98$1,222,836,687$109,840,831$52,050,964$582,944,720
99$1,347,443,729$115,100,730$53,672,371$639,057,538
100$1,484,756,835$120,614,513$55,344,242$700,748,658