Can I retire at age 51 with 9,000,000?

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 $9,000,000?

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$743,212$736,591$730,133$723,828$717,673$695,814
2 years$367,927$361,074$354,433$347,994$341,749$319,915
3 years$242,848$235,966$229,342$222,963$216,820$195,694
4 years$180,321$173,460$166,902$160,633$154,638$134,383
5 years$142,814$135,995$129,523$123,381$117,553$98,224
6 years$117,818$111,050$104,674$98,669$93,016$74,629
7 years$99,971$93,260$86,984$81,121$75,647$58,201
8 years$86,591$79,941$73,770$68,051$62,756$46,241
9 years$76,191$69,603$63,538$57,964$52,850$37,248
10 years$67,875$61,351$55,394$49,966$45,031$30,319
11 years$61,076$54,618$48,768$43,485$38,728$24,881
12 years$55,414$49,022$43,280$38,142$33,561$20,550
13 years$50,626$44,301$38,668$33,674$29,266$17,060
14 years$46,527$40,269$34,743$29,892$25,654$14,223
15 years$42,977$36,786$31,369$26,658$22,588$11,897
16 years$39,873$33,751$28,440$23,870$19,963$9,980
17 years$37,138$31,083$25,879$21,447$17,701$8,391
18 years$34,710$28,722$23,625$19,328$15,739$7,069
19 years$32,539$26,619$21,627$17,464$14,028$5,965
20 years$30,588$24,736$19,848$15,817$12,530$5,039
21 years$28,825$23,041$18,257$14,355$11,213$4,263
22 years$27,225$21,508$16,826$13,052$10,051$3,609
23 years$25,766$20,116$15,536$11,887$9,022$3,058
24 years$24,430$18,847$14,368$10,841$8,110$2,593
25 years$23,203$17,687$13,308$9,901$7,297$2,200
26 years$22,073$16,623$12,342$9,053$6,573$1,867
27 years$21,028$15,644$11,461$8,286$5,926$1,585
28 years$20,059$14,741$10,654$7,592$5,347$1,347
29 years$19,159$13,907$9,915$6,962$4,829$1,144
30 years$18,320$13,133$9,235$6,390$4,363$972
31 years$17,537$12,416$8,610$5,868$3,944$827
32 years$16,804$11,748$8,033$5,393$3,568$703
33 years$16,118$11,125$7,501$4,959$3,229$598
34 years$15,473$10,544$7,008$4,563$2,924$508
35 years$14,866$10,001$6,552$4,201$2,648$432
36 years$14,294$9,492$6,129$3,869$2,399$368
37 years$13,754$9,016$5,737$3,564$2,175$313
38 years$13,244$8,568$5,372$3,285$1,971$266
39 years$12,762$8,147$5,033$3,029$1,788$226
40 years$12,304$7,752$4,718$2,794$1,622$193
41 years$11,870$7,379$4,424$2,578$1,471$164
42 years$11,458$7,027$4,150$2,379$1,335$139
43 years$11,066$6,696$3,894$2,196$1,211$119
44 years$10,693$6,382$3,655$2,028$1,100$101
45 years$10,338$6,086$3,432$1,873$998$86
46 years$9,999$5,806$3,223$1,730$906$73
47 years$9,675$5,541$3,028$1,598$823$62
48 years$9,366$5,289$2,846$1,477$747$53
49 years$9,070$5,051$2,675$1,365$679$45
50 years$8,787$4,825$2,515$1,262$617$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $9,000,000, adding $4,575 every year, while hoping to spend $48,558 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: 51/24/25 Blend
50$9,000,000$9,000,000$9,000,000$9,000,000
51$9,922,719$9,445,719$9,306,219$10,358,975
52$10,883,171$9,856,894$9,566,312$11,073,555
53$11,939,962$10,286,589$9,833,491$11,844,822
54$13,102,866$10,735,660$10,107,941$12,682,489
55$14,382,656$11,205,005$10,389,854$13,592,882
56$15,791,197$11,695,561$10,679,425$14,582,960
57$17,341,568$12,208,311$10,976,854$15,660,370
58$19,048,175$12,744,286$11,282,346$16,833,524
59$20,926,897$13,304,564$11,596,113$18,111,669
60$22,995,226$13,890,273$11,918,368$19,504,978
61$25,272,439$14,502,596$12,249,333$21,024,639
62$27,779,776$15,142,772$12,589,234$22,682,961
63$30,540,642$15,812,097$12,938,302$24,493,482
64$33,580,827$16,511,929$13,296,775$26,471,103
65$36,928,750$17,243,693$13,664,896$28,632,215
66$40,615,726$18,008,877$14,042,913$30,994,858
67$44,676,261$18,809,042$14,431,081$33,578,883
68$49,148,378$19,645,825$14,829,662$36,406,141
69$54,073,979$20,520,936$15,238,922$39,500,681
70$59,499,234$21,436,171$15,659,134$42,888,974
71$65,475,020$22,393,408$16,090,580$46,600,159
72$72,057,403$23,394,616$16,533,545$50,666,317
73$79,308,163$24,441,856$16,988,324$55,122,764
74$87,295,379$25,537,291$17,455,216$60,008,384
75$96,094,071$26,683,181$17,934,529$65,365,989
76$105,786,908$27,881,899$18,426,578$71,242,719
77$116,464,989$29,135,928$18,931,684$77,690,483
78$128,228,700$30,447,871$19,450,178$84,766,440
79$141,188,665$31,820,454$19,982,396$92,533,535
80$155,466,786$33,256,534$20,528,684$101,061,091
81$171,197,398$34,759,103$21,089,394$110,425,449
82$188,528,531$36,331,298$21,664,887$120,710,690
83$207,623,313$37,976,403$22,255,533$132,009,417
84$228,661,506$39,697,863$22,861,709$144,423,625
85$251,841,205$41,499,283$23,483,801$158,065,654
86$277,380,703$43,384,443$24,122,204$173,059,246
87$305,520,560$45,357,305$24,777,322$189,540,699
88$336,525,862$47,422,019$25,449,568$207,660,150
89$370,688,735$49,582,933$26,139,364$227,582,985
90$408,331,094$51,844,605$26,847,140$249,491,383
91$449,807,685$54,211,810$27,573,339$273,586,038
92$495,509,433$56,689,553$28,318,410$300,088,032
93$545,867,132$59,283,078$29,082,814$329,240,921
94$601,355,513$61,997,881$29,867,021$361,313,018
95$662,497,721$64,839,723$30,671,512$396,599,916
96$729,870,259$67,814,640$31,496,777$435,427,268
97$804,108,425$70,928,957$32,343,319$478,153,848
98$885,912,313$74,189,305$33,211,649$525,174,923
99$976,053,420$77,602,632$34,102,291$576,925,976
100$1,075,381,928$81,176,220$35,015,777$633,886,797