Can I retire at age 51 with 9,400,000?

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 $9,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$776,243$769,329$762,583$755,999$749,569$740,817
2 years$384,279$377,122$370,186$363,461$356,938$348,128
3 years$253,641$246,453$239,535$232,873$226,456$217,863
4 years$188,335$181,169$174,320$167,772$161,510$153,200
5 years$149,162$142,039$135,279$128,865$122,778$114,774
6 years$123,055$115,985$109,326$103,054$97,150$89,462
7 years$104,414$97,404$90,850$84,727$79,009$71,641
8 years$90,440$83,494$77,048$71,075$65,545$58,496
9 years$79,577$72,696$66,362$60,540$55,199$48,466
10 years$70,892$64,078$57,856$52,186$47,032$40,611
11 years$63,790$57,045$50,935$45,418$40,449$34,334
12 years$57,876$51,201$45,204$39,837$35,052$29,237
13 years$52,876$46,270$40,386$35,170$30,566$25,043
14 years$48,594$42,058$36,287$31,220$26,794$21,555
15 years$44,887$38,421$32,763$27,843$23,592$18,629
16 years$41,646$35,251$29,704$24,930$20,850$16,155
17 years$38,789$32,465$27,030$22,400$18,487$14,050
18 years$36,252$29,999$24,675$20,187$16,438$12,250
19 years$33,985$27,802$22,588$18,240$14,652$10,703
20 years$31,948$25,835$20,730$16,520$13,087$9,368
21 years$30,106$24,065$19,068$14,993$11,712$8,213
22 years$28,435$22,463$17,574$13,632$10,498$7,210
23 years$26,911$21,010$16,227$12,415$9,423$6,337
24 years$25,516$19,685$15,007$11,323$8,470$5,576
25 years$24,235$18,473$13,899$10,341$7,622$4,910
26 years$23,054$17,362$12,891$9,455$6,865$4,328
27 years$21,962$16,339$11,970$8,655$6,190$3,817
28 years$20,951$15,397$11,128$7,930$5,585$3,368
29 years$20,010$14,525$10,356$7,272$5,043$2,974
30 years$19,134$13,717$9,646$6,674$4,557$2,627
31 years$18,317$12,967$8,993$6,129$4,120$2,322
32 years$17,551$12,270$8,390$5,633$3,727$2,053
33 years$16,834$11,620$7,834$5,180$3,373$1,815
34 years$16,160$11,013$7,320$4,766$3,054$1,606
35 years$15,527$10,445$6,843$4,387$2,766$1,421
36 years$14,929$9,914$6,402$4,041$2,506$1,258
37 years$14,366$9,416$5,992$3,723$2,271$1,113
38 years$13,833$8,949$5,611$3,431$2,059$986
39 years$13,329$8,509$5,257$3,164$1,867$873
40 years$12,851$8,096$4,927$2,918$1,694$773
41 years$12,398$7,707$4,620$2,692$1,536$684
42 years$11,968$7,340$4,334$2,485$1,394$606
43 years$11,558$6,993$4,067$2,294$1,265$537
44 years$11,169$6,666$3,818$2,118$1,149$476
45 years$10,797$6,357$3,585$1,956$1,043$422
46 years$10,443$6,064$3,367$1,807$947$374
47 years$10,105$5,787$3,163$1,669$860$331
48 years$9,782$5,524$2,972$1,542$781$293
49 years$9,473$5,275$2,794$1,425$709$260
50 years$9,178$5,039$2,627$1,318$644$230

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $9,400,000, adding $3,079 every year, while hoping to spend $30,775 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: 30/46/24 Blend
50$9,400,000$9,400,000$9,400,000$9,400,000
51$10,361,976$9,863,776$9,718,076$10,595,613
52$11,386,153$10,314,357$10,010,887$11,226,456
53$12,513,765$10,785,984$10,312,476$11,901,693
54$13,755,329$11,279,658$10,623,104$12,627,484
55$15,122,436$11,796,424$10,943,041$13,408,234
56$16,627,855$12,337,379$11,272,564$14,248,762
57$18,285,659$12,903,674$11,611,958$15,154,347
58$20,111,355$13,496,513$11,961,517$16,130,769
59$22,122,029$14,117,158$12,321,544$17,184,361
60$24,336,511$14,766,934$12,692,350$18,322,065
61$26,775,548$15,447,226$13,074,257$19,551,488
62$29,462,003$16,159,489$13,467,594$20,880,972
63$32,421,070$16,905,247$13,872,701$22,319,666
64$35,680,511$17,686,096$14,289,928$23,877,606
65$39,270,919$18,503,710$14,719,636$25,565,803
66$43,226,005$19,359,844$15,162,196$27,396,340
67$47,582,917$20,256,336$15,617,989$29,382,480
68$52,382,591$21,195,113$16,087,409$31,538,786
69$57,670,138$22,178,197$16,570,860$33,881,245
70$63,495,268$23,207,704$17,068,759$36,427,417
71$69,912,758$24,285,854$17,581,535$39,196,589
72$76,982,973$25,414,975$18,109,630$42,209,950
73$84,772,432$26,597,504$18,653,498$45,490,782
74$93,354,437$27,835,999$19,213,608$49,064,666
75$102,809,766$29,133,139$19,790,440$52,959,723
76$113,227,434$30,491,735$20,384,492$57,206,858
77$124,705,532$31,914,730$20,996,273$61,840,048
78$137,352,158$33,405,213$21,626,308$66,896,651
79$151,286,428$34,966,418$22,275,140$72,417,743
80$166,639,611$36,601,741$22,943,325$78,448,496
81$183,556,361$38,314,735$23,631,436$85,038,591
82$202,196,084$40,109,132$24,340,063$92,242,675
83$222,734,444$41,988,838$25,069,814$100,120,857
84$245,365,018$43,957,952$25,821,314$108,739,268
85$270,301,128$46,020,770$26,595,206$118,170,665
86$297,777,852$48,181,796$27,392,154$128,495,102
87$328,054,240$50,445,751$28,212,839$139,800,668
88$361,415,766$52,817,586$29,057,962$152,184,306
89$398,177,017$55,302,491$29,928,247$165,752,699
90$438,684,666$57,905,907$30,824,437$180,623,270
91$483,320,744$60,633,538$31,747,297$196,925,260
92$532,506,244$63,491,366$32,697,616$214,800,932
93$586,705,100$66,485,661$33,676,205$234,406,888
94$646,428,559$69,622,998$34,683,897$255,915,527
95$712,240,017$72,910,271$35,721,553$279,516,648
96$784,760,330$76,354,705$36,790,056$305,419,211
97$864,673,678$79,963,879$37,890,317$333,853,291
98$952,734,022$83,745,738$39,023,271$365,072,212
99$1,049,772,226$87,708,613$40,189,885$399,354,917
100$1,156,703,896$91,861,238$41,391,148$437,008,567