Can I retire at age 51 with 9,900,000?

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 $9,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$817,533$810,251$803,146$796,211$789,440$782,172
2 years$404,719$397,182$389,877$382,794$375,924$368,601
3 years$267,133$259,563$252,276$245,260$238,501$231,351
4 years$198,353$190,806$183,592$176,696$170,101$163,179
5 years$157,096$149,594$142,475$135,719$129,308$122,633
6 years$129,600$122,155$115,141$108,536$102,317$95,898
7 years$109,968$102,586$95,683$89,233$83,211$77,051
8 years$95,251$87,935$81,147$74,856$69,032$63,130
9 years$83,810$76,563$69,892$63,760$58,135$52,490
10 years$74,662$67,487$60,933$54,962$49,534$44,142
11 years$67,183$60,079$53,644$47,833$42,601$37,458
12 years$60,955$53,924$47,608$41,956$36,917$32,019
13 years$55,689$48,731$42,535$37,041$32,192$27,533
14 years$51,179$44,296$38,218$32,881$28,219$23,793
15 years$47,274$40,465$34,505$29,324$24,847$20,646
16 years$43,861$37,126$31,284$26,257$21,960$17,978
17 years$40,852$34,191$28,467$23,591$19,471$15,701
18 years$38,180$31,594$25,987$21,261$17,313$13,748
19 years$35,793$29,281$23,790$19,211$15,431$12,064
20 years$33,647$27,210$21,833$17,399$13,783$10,607
21 years$31,708$25,345$20,082$15,791$12,335$9,340
22 years$29,947$23,658$18,509$14,357$11,056$8,237
23 years$28,342$22,127$17,090$13,076$9,925$7,273
24 years$26,873$20,732$15,805$11,926$8,920$6,429
25 years$25,524$19,456$14,639$10,891$8,027$5,688
26 years$24,280$18,285$13,577$9,958$7,231$5,037
27 years$23,131$17,209$12,607$9,115$6,519$4,464
28 years$22,065$16,216$11,720$8,351$5,882$3,958
29 years$21,075$15,297$10,906$7,658$5,311$3,512
30 years$20,152$14,447$10,159$7,029$4,799$3,118
31 years$19,291$13,657$9,471$6,455$4,339$2,769
32 years$18,485$12,922$8,836$5,932$3,925$2,460
33 years$17,729$12,238$8,251$5,455$3,552$2,186
34 years$17,020$11,599$7,709$5,019$3,216$1,944
35 years$16,352$11,001$7,207$4,621$2,913$1,729
36 years$15,723$10,442$6,742$4,255$2,639$1,538
37 years$15,130$9,917$6,311$3,921$2,392$1,368
38 years$14,569$9,425$5,910$3,614$2,169$1,217
39 years$14,038$8,962$5,537$3,332$1,966$1,084
40 years$13,535$8,527$5,190$3,074$1,784$965
41 years$13,058$8,117$4,866$2,836$1,618$859
42 years$12,604$7,730$4,565$2,617$1,468$765
43 years$12,173$7,365$4,283$2,416$1,333$681
44 years$11,763$7,020$4,021$2,231$1,210$606
45 years$11,372$6,695$3,775$2,060$1,098$540
46 years$10,999$6,386$3,546$1,903$997$481
47 years$10,643$6,095$3,331$1,758$905$428
48 years$10,302$5,818$3,130$1,624$822$382
49 years$9,977$5,556$2,942$1,501$747$340
50 years$9,666$5,307$2,766$1,388$678$303

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $9,900,000, adding $5,098 every year, while hoping to spend $35,478 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: 68/21/11 Blend
50$9,900,000$9,900,000$9,900,000$9,900,000
51$10,915,059$10,390,359$10,236,909$11,631,545
52$11,990,646$10,861,738$10,542,097$12,579,667
53$13,174,755$11,355,026$10,856,320$13,611,478
54$14,478,416$11,871,258$11,179,842$14,738,993
55$15,913,785$12,411,521$11,512,938$15,971,589
56$17,494,257$12,976,951$11,855,887$17,319,587
57$19,234,591$13,568,741$12,208,979$18,794,343
58$21,151,051$14,188,141$12,572,511$20,408,352
59$23,261,557$14,836,459$12,946,789$22,175,368
60$25,585,857$15,515,067$13,332,129$24,110,527
61$28,145,712$16,225,403$13,728,853$26,230,488
62$30,965,101$16,968,973$14,137,295$28,553,591
63$34,070,445$17,747,357$14,557,799$31,100,022
64$37,490,863$18,562,210$14,990,717$33,892,006
65$41,258,437$19,415,265$15,436,412$36,954,008
66$45,408,525$20,308,340$15,895,259$40,312,965
67$49,980,086$21,243,340$16,367,642$43,998,537
68$55,016,053$22,222,261$16,853,956$48,043,380
69$60,563,735$23,247,197$17,354,608$52,483,454
70$66,675,267$24,320,340$17,870,018$57,358,356
71$73,408,096$25,443,989$18,400,616$62,711,692
72$80,825,531$26,620,554$18,946,846$68,591,483
73$88,997,333$27,852,559$19,509,163$75,050,614
74$98,000,378$29,142,651$20,088,037$82,147,330
75$107,919,381$30,493,606$20,683,951$89,945,779
76$118,847,696$31,908,330$21,297,401$98,516,613
77$130,888,196$33,389,874$21,928,899$107,937,652
78$144,154,245$34,941,431$22,578,970$118,294,609
79$158,770,768$36,566,351$23,248,156$129,681,899
80$174,875,430$38,268,145$23,937,012$142,203,517
81$192,619,932$40,050,493$24,646,111$155,974,021
82$212,171,452$41,917,253$25,376,042$171,119,602
83$233,714,211$43,872,470$26,127,410$187,779,270
84$257,451,222$45,920,382$26,900,840$206,106,157
85$283,606,200$48,065,434$27,696,971$226,268,961
86$312,425,677$50,312,285$28,516,464$248,453,522
87$344,181,327$52,665,818$29,359,997$272,864,577
88$379,172,532$55,131,153$30,228,267$299,727,679
89$417,729,210$57,713,659$31,121,993$329,291,316
90$460,214,922$60,418,961$32,041,913$361,829,254
91$507,030,313$63,252,959$32,988,786$397,643,104
92$558,616,888$66,221,837$33,963,393$437,065,164
93$615,461,182$69,332,078$34,966,538$480,461,545
94$678,099,353$72,590,481$35,999,048$528,235,613
95$747,122,244$76,004,171$37,061,773$580,831,789
96$823,180,957$79,580,620$38,155,587$638,739,728
97$906,993,005$83,327,661$39,281,389$702,498,935
98$999,349,081$87,253,505$40,440,105$772,703,836
99$1,101,120,524$91,366,764$41,632,686$850,009,386
100$1,213,267,547$95,676,465$42,860,110$935,137,228