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

Use the below retirement simulation to view the chances of a successful retirement.
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%16.6%
1 years$743,212$736,591$730,133$723,828$717,673$698,341
2 years$367,927$361,074$354,433$347,994$341,749$322,410
3 years$242,848$235,966$229,342$222,963$216,820$198,080
4 years$180,321$173,460$166,902$160,633$154,638$136,640
5 years$142,814$135,995$129,523$123,381$117,553$100,348
6 years$117,818$111,050$104,674$98,669$93,016$76,619
7 years$99,971$93,260$86,984$81,121$75,647$60,060
8 years$86,591$79,941$73,770$68,051$62,756$47,971
9 years$76,191$69,603$63,538$57,964$52,850$38,853
10 years$67,875$61,351$55,394$49,966$45,031$31,804
11 years$61,076$54,618$48,768$43,485$38,728$26,251
12 years$55,414$49,022$43,280$38,142$33,561$21,810
13 years$50,626$44,301$38,668$33,674$29,266$18,217
14 years$46,527$40,269$34,743$29,892$25,654$15,282
15 years$42,977$36,786$31,369$26,658$22,588$12,865
16 years$39,873$33,751$28,440$23,870$19,963$10,862
17 years$37,138$31,083$25,879$21,447$17,701$9,193
18 years$34,710$28,722$23,625$19,328$15,739$7,796
19 years$32,539$26,619$21,627$17,464$14,028$6,623
20 years$30,588$24,736$19,848$15,817$12,530$5,634
21 years$28,825$23,041$18,257$14,355$11,213$4,799
22 years$27,225$21,508$16,826$13,052$10,051$4,091
23 years$25,766$20,116$15,536$11,887$9,022$3,491
24 years$24,430$18,847$14,368$10,841$8,110$2,982
25 years$23,203$17,687$13,308$9,901$7,297$2,548
26 years$22,073$16,623$12,342$9,053$6,573$2,178
27 years$21,028$15,644$11,461$8,286$5,926$1,863
28 years$20,059$14,741$10,654$7,592$5,347$1,594
29 years$19,159$13,907$9,915$6,962$4,829$1,365
30 years$18,320$13,133$9,235$6,390$4,363$1,168
31 years$17,537$12,416$8,610$5,868$3,944$1,001
32 years$16,804$11,748$8,033$5,393$3,568$857
33 years$16,118$11,125$7,501$4,959$3,229$734
34 years$15,473$10,544$7,008$4,563$2,924$629
35 years$14,866$10,001$6,552$4,201$2,648$539
36 years$14,294$9,492$6,129$3,869$2,399$462
37 years$13,754$9,016$5,737$3,564$2,175$396
38 years$13,244$8,568$5,372$3,285$1,971$340
39 years$12,762$8,147$5,033$3,029$1,788$291
40 years$12,304$7,752$4,718$2,794$1,622$250
41 years$11,870$7,379$4,424$2,578$1,471$214
42 years$11,458$7,027$4,150$2,379$1,335$183
43 years$11,066$6,696$3,894$2,196$1,211$157
44 years$10,693$6,382$3,655$2,028$1,100$135
45 years$10,338$6,086$3,432$1,873$998$116
46 years$9,999$5,806$3,223$1,730$906$99
47 years$9,675$5,541$3,028$1,598$823$85
48 years$9,366$5,289$2,846$1,477$747$73
49 years$9,070$5,051$2,675$1,365$679$63
50 years$8,787$4,825$2,515$1,262$617$54

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 $6,533 every year, while hoping to spend $20,353 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: 28/47/25 Blend
50$9,000,000$9,000,000$9,000,000$9,000,000
51$9,924,739$9,447,739$9,308,239$10,125,008
52$10,915,407$9,889,023$9,598,409$10,724,930
53$12,006,441$10,351,247$9,897,618$11,366,819
54$13,208,056$10,835,417$10,206,147$12,056,059
55$14,531,511$11,342,585$10,524,286$12,796,716
56$15,989,210$11,873,856$10,852,334$13,593,240
57$17,594,821$12,430,387$11,190,600$14,450,499
58$19,363,408$13,013,392$11,539,400$15,373,823
59$21,311,570$13,624,142$11,899,064$16,369,043
60$23,457,596$14,263,971$12,269,929$17,442,549
61$25,821,643$14,934,278$12,652,344$18,601,339
62$28,425,921$15,636,528$13,046,667$19,853,083
63$31,294,905$16,372,258$13,453,271$21,206,186
64$34,455,566$17,143,079$13,872,536$22,669,862
65$37,937,624$17,950,681$14,304,857$24,254,218
66$41,773,832$18,796,834$14,750,640$25,970,338
67$46,000,280$19,683,396$15,210,303$27,830,381
68$50,656,739$20,612,313$15,684,279$29,847,691
69$55,787,037$21,585,627$16,173,013$32,036,912
70$61,439,470$22,605,477$16,676,963$34,414,121
71$67,667,258$23,674,108$17,196,604$36,996,968
72$74,529,051$24,793,872$17,732,423$39,804,836
73$82,089,479$25,967,236$18,284,923$42,859,014
74$90,419,761$27,196,787$18,854,624$46,182,886
75$99,598,383$28,485,236$19,442,061$49,802,146
76$109,711,833$29,835,427$20,047,784$53,745,023
77$120,855,418$31,250,341$20,672,363$58,042,545
78$133,134,168$32,733,105$21,316,385$62,728,811
79$146,663,823$34,286,996$21,980,453$67,841,306
80$161,571,926$35,915,453$22,665,191$73,421,242
81$177,999,030$37,622,077$23,371,243$79,513,931
82$196,100,022$39,410,650$24,099,271$86,169,197
83$216,045,586$41,285,133$24,849,958$93,441,839
84$238,023,813$43,249,682$25,624,008$101,392,125
85$262,241,978$45,308,653$26,422,149$110,086,347
86$288,928,499$47,466,616$27,245,130$119,597,431
87$318,335,086$49,728,361$28,093,722$130,005,608
88$350,739,126$52,098,911$28,968,723$141,399,151
89$386,446,294$54,583,535$29,870,952$153,875,187
90$425,793,444$57,187,757$30,801,258$167,540,600
91$469,151,787$59,917,369$31,760,512$182,513,011
92$516,930,394$62,778,445$32,749,614$198,921,870
93$569,580,061$65,777,355$33,769,492$216,909,657
94$627,597,561$68,920,779$34,821,104$236,633,195
95$691,530,337$72,215,722$35,905,435$258,265,112
96$761,981,667$75,669,528$37,023,503$281,995,441
97$839,616,362$79,289,900$38,176,356$308,033,383
98$925,167,042$83,084,917$39,365,075$336,609,259
99$1,019,441,051$87,063,048$40,590,776$367,976,646
100$1,123,328,079$91,233,177$41,854,607$402,414,744