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%12.2%
1 years$982,691$973,938$965,398$957,062$948,923$940,187
2 years$486,481$477,420$468,640$460,126$451,868$443,066
3 years$321,099$311,999$303,241$294,807$286,684$278,089
4 years$238,424$229,353$220,682$212,392$204,465$196,144
5 years$188,832$179,815$171,258$163,137$155,431$147,408
6 years$155,782$146,833$138,402$130,462$122,987$115,272
7 years$132,184$123,310$115,013$107,260$100,022$92,617
8 years$114,493$105,699$97,540$89,978$82,978$75,884
9 years$100,741$92,030$84,011$76,641$69,879$63,094
10 years$89,746$81,120$73,243$66,065$59,541$53,060
11 years$80,756$72,217$64,482$57,497$51,207$45,026
12 years$73,269$64,818$57,226$50,432$44,375$38,487
13 years$66,939$58,576$51,128$44,524$38,696$33,095
14 years$61,518$53,244$45,938$39,524$33,920$28,599
15 years$56,825$48,640$41,476$35,248$29,866$24,817
16 years$52,721$44,626$37,604$31,561$26,396$21,610
17 years$49,105$41,099$34,218$28,357$23,404$18,873
18 years$45,894$37,977$31,237$25,556$20,810$16,526
19 years$43,024$35,197$28,596$23,092$18,548$14,501
20 years$40,444$32,707$26,244$20,914$16,568$12,749
21 years$38,113$30,465$24,139$18,981$14,826$11,227
22 years$35,997$28,438$22,248$17,258$13,290$9,901
23 years$34,068$26,597$20,542$15,717$11,930$8,743
24 years$32,302$24,920$18,998$14,335$10,723$7,728
25 years$30,680$23,386$17,596$13,091$9,649$6,838
26 years$29,185$21,979$16,319$11,970$8,691$6,055
27 years$27,803$20,685$15,154$10,957$7,836$5,366
28 years$26,523$19,491$14,088$10,039$7,070$4,758
29 years$25,332$18,388$13,110$9,206$6,384$4,222
30 years$24,223$17,365$12,211$8,448$5,769$3,748
31 years$23,188$16,416$11,384$7,759$5,215$3,328
32 years$22,219$15,533$10,622$7,131$4,718$2,957
33 years$21,311$14,710$9,917$6,557$4,270$2,628
34 years$20,458$13,942$9,266$6,033$3,866$2,337
35 years$19,656$13,223$8,663$5,554$3,501$2,078
36 years$18,900$12,551$8,104$5,115$3,172$1,848
37 years$18,186$11,921$7,586$4,713$2,875$1,644
38 years$17,512$11,329$7,104$4,344$2,607$1,463
39 years$16,874$10,773$6,655$4,005$2,364$1,302
40 years$16,269$10,249$6,238$3,694$2,144$1,159
41 years$15,695$9,756$5,849$3,409$1,945$1,032
42 years$15,150$9,292$5,487$3,146$1,765$919
43 years$14,632$8,853$5,149$2,904$1,602$818
44 years$14,139$8,439$4,833$2,681$1,454$729
45 years$13,669$8,047$4,538$2,476$1,320$649
46 years$13,221$7,677$4,262$2,287$1,198$578
47 years$12,793$7,326$4,004$2,113$1,088$515
48 years$12,384$6,994$3,763$1,953$988$459
49 years$11,993$6,678$3,537$1,805$898$409
50 years$11,619$6,379$3,325$1,668$815$364

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 $5,282 every year, while hoping to spend $31,556 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: 67/15/18 Blend
50$11,900,000$11,900,000$11,900,000$11,900,000
51$13,119,248$12,488,548$12,304,098$13,940,025
52$14,423,836$13,066,912$12,682,710$15,067,882
53$15,860,435$13,672,558$13,072,948$16,296,561
54$17,442,475$14,306,789$13,475,168$17,639,355
55$19,184,758$14,970,973$13,889,737$19,107,476
56$21,103,594$15,666,540$14,317,033$20,713,261
57$23,216,953$16,394,993$14,757,447$22,470,289
58$25,544,640$17,157,906$15,211,379$24,393,504
59$28,108,477$17,956,927$15,679,244$26,499,354
60$30,932,512$18,793,786$16,161,468$28,805,947
61$34,043,242$19,670,296$16,658,491$31,333,215
62$37,469,869$20,588,356$17,170,767$34,103,100
63$41,244,569$21,549,960$17,698,762$37,139,761
64$45,402,802$22,557,194$18,242,956$40,469,797
65$49,983,639$23,612,248$18,803,847$44,122,493
66$55,030,139$24,717,418$19,381,945$48,130,098
67$60,589,750$25,875,107$19,977,777$52,528,119
68$66,714,757$27,087,840$20,591,884$57,355,660
69$73,462,777$28,358,259$21,224,828$62,655,782
70$80,897,303$29,689,137$21,877,182$68,475,908
71$89,088,303$31,083,380$22,549,543$74,868,265
72$98,112,878$32,544,033$23,242,521$81,890,374
73$108,055,993$34,074,293$23,956,747$89,605,588
74$119,011,278$35,677,506$24,692,871$98,083,686
75$131,081,909$37,357,185$25,451,563$107,401,523
76$144,381,586$39,117,009$26,233,513$117,643,758
77$159,035,604$40,960,839$27,039,432$128,903,639
78$175,182,035$42,892,719$27,870,052$141,283,884
79$192,973,033$44,916,893$28,726,130$154,897,644
80$212,576,270$47,037,809$29,608,442$169,869,560
81$234,176,517$49,260,128$30,517,792$186,336,940
82$257,977,388$51,588,741$31,455,005$204,451,045
83$284,203,267$54,028,775$32,420,933$224,378,511
84$313,101,420$56,585,604$33,416,454$246,302,912
85$344,944,331$59,264,865$34,442,471$270,426,492
86$380,032,275$62,072,466$35,499,917$296,972,058
87$418,696,154$65,014,604$36,589,751$326,185,082
88$461,300,618$68,097,775$37,712,963$358,336,005
89$508,247,506$71,328,791$38,870,572$393,722,785
90$559,979,645$74,714,795$40,063,630$432,673,697
91$616,985,025$78,263,277$41,293,218$475,550,424
92$679,801,409$81,982,089$42,560,452$522,751,461
93$749,021,407$85,879,466$43,866,482$574,715,867
94$825,298,073$89,964,042$45,212,491$631,927,395
95$909,351,069$94,244,872$46,599,702$694,919,053
96$1,001,973,456$98,731,449$48,029,370$764,278,118
97$1,104,039,187$103,433,729$49,502,793$840,651,673
98$1,216,511,353$108,362,150$51,021,305$924,752,697
99$1,340,451,274$113,527,659$52,586,282$1,017,366,784
100$1,477,028,525$118,941,735$54,199,143$1,119,359,548