Can I retire at age 51 with 9,100,000?

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 $9,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$751,469$744,776$738,245$731,871$725,647$708,392
2 years$372,015$365,086$358,371$351,861$345,546$328,263
3 years$245,546$238,588$231,890$225,441$219,229$202,458
4 years$182,324$175,387$168,757$162,417$156,356$140,226
5 years$144,401$137,506$130,962$124,752$118,859$103,415
6 years$119,127$112,284$105,837$99,765$94,049$79,307
7 years$101,082$94,296$87,951$82,023$76,487$62,449
8 years$87,554$80,829$74,589$68,807$63,453$50,113
9 years$77,037$70,376$64,244$58,608$53,437$40,784
10 years$68,629$62,033$56,009$50,521$45,531$33,551
11 years$61,754$55,224$49,310$43,968$39,158$27,835
12 years$56,029$49,566$43,761$38,566$33,934$23,248
13 years$51,189$44,794$39,098$34,048$29,591$19,523
14 years$47,043$40,716$35,129$30,224$25,939$16,467
15 years$43,454$37,195$31,717$26,954$22,839$13,941
16 years$40,316$34,126$28,756$24,135$20,185$11,837
17 years$37,551$31,428$26,167$21,685$17,897$10,077
18 years$35,095$29,041$23,887$19,542$15,914$8,596
19 years$32,901$26,915$21,867$17,658$14,184$7,346
20 years$30,928$25,011$20,069$15,993$12,670$6,288
21 years$29,146$23,297$18,459$14,515$11,338$5,389
22 years$27,527$21,747$17,013$13,197$10,163$4,623
23 years$26,052$20,339$15,709$12,019$9,123$3,970
24 years$24,702$19,056$14,528$10,962$8,200$3,412
25 years$23,461$17,884$13,456$10,011$7,378$2,934
26 years$22,318$16,808$12,480$9,154$6,646$2,525
27 years$21,261$15,818$11,588$8,379$5,992$2,173
28 years$20,282$14,905$10,773$7,677$5,407$1,872
29 years$19,372$14,061$10,025$7,040$4,882$1,613
30 years$18,524$13,279$9,338$6,461$4,411$1,390
31 years$17,732$12,553$8,706$5,933$3,988$1,198
32 years$16,991$11,878$8,122$5,453$3,608$1,033
33 years$16,297$11,249$7,584$5,015$3,265$891
34 years$15,645$10,661$7,086$4,614$2,956$769
35 years$15,031$10,112$6,625$4,247$2,677$663
36 years$14,453$9,598$6,197$3,912$2,426$572
37 years$13,907$9,116$5,801$3,604$2,199$494
38 years$13,392$8,663$5,432$3,322$1,993$426
39 years$12,904$8,238$5,089$3,063$1,808$368
40 years$12,441$7,838$4,770$2,825$1,640$318
41 years$12,002$7,461$4,473$2,607$1,487$274
42 years$11,586$7,105$4,196$2,406$1,350$237
43 years$11,189$6,770$3,937$2,221$1,225$204
44 years$10,812$6,453$3,696$2,050$1,112$176
45 years$10,453$6,154$3,470$1,894$1,009$152
46 years$10,110$5,870$3,259$1,749$916$131
47 years$9,783$5,602$3,062$1,616$832$114
48 years$9,470$5,348$2,877$1,493$756$98
49 years$9,171$5,107$2,705$1,380$686$85
50 years$8,885$4,878$2,543$1,276$623$73

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $9,100,000, adding $5,491 every year, while hoping to spend $26,338 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: 59/30/11 Blend
50$9,100,000$9,100,000$9,100,000$9,100,000
51$10,033,864$9,551,564$9,410,514$10,599,084
52$11,029,295$9,991,567$9,697,743$11,420,063
53$12,125,377$10,452,248$9,993,711$12,311,406
54$13,332,348$10,934,591$10,298,684$13,282,690
55$14,661,492$11,439,630$10,612,934$14,341,608
56$16,125,239$11,968,447$10,936,742$15,496,614
57$17,737,290$12,522,177$11,270,399$16,757,006
58$19,512,738$13,102,009$11,614,202$18,133,007
59$21,468,219$13,709,189$11,968,460$19,635,859
60$23,622,063$14,345,025$12,333,488$21,277,926
61$25,994,467$15,010,885$12,709,614$23,072,811
62$28,607,689$15,708,205$13,097,173$25,035,474
63$31,486,257$16,438,490$13,496,511$27,182,375
64$34,657,196$17,203,317$13,907,986$29,531,624
65$38,150,291$18,004,341$14,331,964$32,103,147
66$41,998,360$18,843,293$14,768,824$34,918,871
67$46,237,570$19,721,991$15,218,957$38,002,927
68$50,907,773$20,642,340$15,682,763$41,381,872
69$56,052,888$21,606,336$16,160,657$45,084,935
70$61,721,308$22,616,072$16,653,065$49,144,289
71$67,966,365$23,673,743$17,160,426$53,595,350
72$74,846,826$24,781,648$17,683,192$58,477,101
73$82,427,452$25,942,199$18,221,829$63,832,462
74$90,779,610$27,157,924$18,776,818$69,708,684
75$99,981,941$28,431,473$19,348,652$76,157,787
76$110,121,108$29,765,625$19,937,841$83,237,052
77$121,292,612$31,163,292$20,544,910$91,009,547
78$133,601,693$32,627,528$21,170,399$99,544,720
79$147,164,323$34,161,534$21,814,865$108,919,044
80$162,108,302$35,768,667$22,478,881$119,216,734
81$178,574,463$37,452,446$23,163,038$130,530,531
82$196,718,003$39,216,560$23,867,944$142,962,572
83$216,709,945$41,064,878$24,594,226$156,625,342
84$238,738,757$43,001,454$25,342,530$171,642,728
85$263,012,126$45,030,541$26,113,521$188,151,178
86$289,758,923$47,156,597$26,907,883$206,300,980
87$319,231,358$49,384,296$27,726,323$226,257,668
88$351,707,369$51,718,538$28,569,566$248,203,576
89$387,493,236$54,164,463$29,438,363$272,339,545
90$426,926,481$56,727,456$30,333,483$298,886,806
91$470,379,049$59,413,168$31,255,721$328,089,060
92$518,260,819$62,227,520$32,205,895$360,214,759
93$571,023,478$65,176,724$33,184,847$395,559,631
94$629,164,779$68,267,291$34,193,447$434,449,454
95$693,233,247$71,506,048$35,232,587$477,243,117
96$763,833,348$74,900,154$36,303,188$524,335,990
97$841,631,204$78,457,116$37,406,200$576,163,644
98$927,360,877$82,184,805$38,542,598$633,205,938
99$1,021,831,301$86,091,475$39,713,389$695,991,537
100$1,125,933,915$90,185,779$40,919,610$765,102,880