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%14.5%
1 years$743,212$736,591$730,133$723,828$717,673$704,335
2 years$367,927$361,074$354,433$347,994$341,749$328,361
3 years$242,848$235,966$229,342$222,963$216,820$203,799
4 years$180,321$173,460$166,902$160,633$154,638$142,085
5 years$142,814$135,995$129,523$123,381$117,553$105,504
6 years$117,818$111,050$104,674$98,669$93,016$81,483
7 years$99,971$93,260$86,984$81,121$75,647$64,634
8 years$86,591$79,941$73,770$68,051$62,756$52,260
9 years$76,191$69,603$63,538$57,964$52,850$42,865
10 years$67,875$61,351$55,394$49,966$45,031$35,547
11 years$61,076$54,618$48,768$43,485$38,728$29,735
12 years$55,414$49,022$43,280$38,142$33,561$25,046
13 years$50,626$44,301$38,668$33,674$29,266$21,215
14 years$46,527$40,269$34,743$29,892$25,654$18,054
15 years$42,977$36,786$31,369$26,658$22,588$15,422
16 years$39,873$33,751$28,440$23,870$19,963$13,216
17 years$37,138$31,083$25,879$21,447$17,701$11,357
18 years$34,710$28,722$23,625$19,328$15,739$9,781
19 years$32,539$26,619$21,627$17,464$14,028$8,440
20 years$30,588$24,736$19,848$15,817$12,530$7,295
21 years$28,825$23,041$18,257$14,355$11,213$6,314
22 years$27,225$21,508$16,826$13,052$10,051$5,471
23 years$25,766$20,116$15,536$11,887$9,022$4,746
24 years$24,430$18,847$14,368$10,841$8,110$4,121
25 years$23,203$17,687$13,308$9,901$7,297$3,581
26 years$22,073$16,623$12,342$9,053$6,573$3,113
27 years$21,028$15,644$11,461$8,286$5,926$2,709
28 years$20,059$14,741$10,654$7,592$5,347$2,358
29 years$19,159$13,907$9,915$6,962$4,829$2,053
30 years$18,320$13,133$9,235$6,390$4,363$1,789
31 years$17,537$12,416$8,610$5,868$3,944$1,559
32 years$16,804$11,748$8,033$5,393$3,568$1,359
33 years$16,118$11,125$7,501$4,959$3,229$1,185
34 years$15,473$10,544$7,008$4,563$2,924$1,033
35 years$14,866$10,001$6,552$4,201$2,648$901
36 years$14,294$9,492$6,129$3,869$2,399$786
37 years$13,754$9,016$5,737$3,564$2,175$686
38 years$13,244$8,568$5,372$3,285$1,971$599
39 years$12,762$8,147$5,033$3,029$1,788$522
40 years$12,304$7,752$4,718$2,794$1,622$456
41 years$11,870$7,379$4,424$2,578$1,471$398
42 years$11,458$7,027$4,150$2,379$1,335$347
43 years$11,066$6,696$3,894$2,196$1,211$303
44 years$10,693$6,382$3,655$2,028$1,100$265
45 years$10,338$6,086$3,432$1,873$998$231
46 years$9,999$5,806$3,223$1,730$906$202
47 years$9,675$5,541$3,028$1,598$823$176
48 years$9,366$5,289$2,846$1,477$747$154
49 years$9,070$5,051$2,675$1,365$679$134
50 years$8,787$4,825$2,515$1,262$617$117

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 $4,409 every year, while hoping to spend $28,291 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: 76/7/17 Blend
50$9,000,000$9,000,000$9,000,000$9,000,000
51$9,922,548$9,445,548$9,306,048$10,638,551
52$10,904,546$9,878,278$9,587,699$11,545,257
53$11,985,760$10,331,264$9,877,837$12,535,116
54$13,176,280$10,805,469$10,176,717$13,619,617
55$14,487,224$11,301,900$10,484,601$14,808,193
56$15,930,844$11,821,616$10,801,758$16,111,229
57$17,520,640$12,365,725$11,128,466$17,540,163
58$19,271,487$12,935,387$11,465,012$19,107,588
59$21,199,779$13,531,821$11,811,690$20,827,376
60$23,323,578$14,156,302$12,168,803$22,714,801
61$25,662,790$14,810,168$12,536,665$24,786,688
62$28,239,348$15,494,819$12,915,596$27,061,565
63$31,077,421$16,211,726$13,305,929$29,559,843
64$34,203,645$16,962,427$13,708,004$32,303,999
65$37,647,367$17,748,537$14,122,173$35,318,797
66$41,440,931$18,571,747$14,548,798$38,631,509
67$45,619,974$19,433,830$14,988,251$42,272,180
68$50,223,769$20,336,646$15,440,915$46,273,906
69$55,295,594$21,282,143$15,907,186$50,673,146
70$60,883,139$22,272,362$16,387,472$55,510,061
71$67,038,957$23,309,445$16,882,189$60,828,897
72$73,820,958$24,395,635$17,391,770$66,678,397
73$81,292,961$25,533,286$17,916,659$73,112,260
74$89,525,289$26,724,864$18,457,314$80,189,644
75$98,595,438$27,972,952$19,014,204$87,975,729
76$108,588,808$29,280,262$19,587,815$96,542,320
77$119,599,506$30,649,634$20,178,646$105,968,531
78$131,731,236$32,084,046$20,787,211$116,341,527
79$145,098,278$33,586,621$21,414,039$127,757,341
80$159,826,569$35,160,632$22,059,675$140,321,783
81$176,054,885$36,809,509$22,724,681$154,151,434
82$193,936,159$38,536,850$23,409,633$169,374,741
83$213,638,918$40,346,427$24,115,127$186,133,234
84$235,348,880$42,242,194$24,841,775$204,582,850
85$259,270,699$44,228,294$25,590,208$224,895,409
86$285,629,904$46,309,075$26,361,074$247,260,229
87$314,675,028$48,489,093$27,155,043$271,885,911
88$346,679,946$50,773,124$27,972,803$299,002,306
89$381,946,470$53,166,176$28,815,061$328,862,678
90$420,807,192$55,673,501$29,682,548$361,746,095
91$463,628,626$58,300,604$30,576,014$397,960,056
92$510,814,669$61,053,256$31,496,233$437,843,391
93$562,810,409$63,937,510$32,444,001$481,769,456
94$620,106,334$66,959,711$33,420,138$530,149,654
95$683,242,954$70,126,511$34,425,487$583,437,312
96$752,815,912$73,444,886$35,460,917$642,131,955
97$829,481,599$76,922,150$36,527,322$706,784,021
98$913,963,359$80,565,972$37,625,624$778,000,048
99$1,007,058,309$84,384,392$38,756,770$856,448,396
100$1,109,644,871$88,385,841$39,921,736$942,865,551