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

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 $9,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$817,533$810,251$803,146$796,211$789,440$761,127
2 years$404,719$397,182$389,877$382,794$375,924$347,705
3 years$267,133$259,563$252,276$245,260$238,501$211,265
4 years$198,353$190,806$183,592$176,696$170,101$144,054
5 years$157,096$149,594$142,475$135,719$129,308$104,518
6 years$129,600$122,155$115,141$108,536$102,317$78,803
7 years$109,968$102,586$95,683$89,233$83,211$60,968
8 years$95,251$87,935$81,147$74,856$69,032$48,040
9 years$83,810$76,563$69,892$63,760$58,135$38,367
10 years$74,662$67,487$60,933$54,962$49,534$30,956
11 years$67,183$60,079$53,644$47,833$42,601$25,174
12 years$60,955$53,924$47,608$41,956$36,917$20,600
13 years$55,689$48,731$42,535$37,041$32,192$16,940
14 years$51,179$44,296$38,218$32,881$28,219$13,985
15 years$47,274$40,465$34,505$29,324$24,847$11,583
16 years$43,861$37,126$31,284$26,257$21,960$9,619
17 years$40,852$34,191$28,467$23,591$19,471$8,005
18 years$38,180$31,594$25,987$21,261$17,313$6,673
19 years$35,793$29,281$23,790$19,211$15,431$5,571
20 years$33,647$27,210$21,833$17,399$13,783$4,657
21 years$31,708$25,345$20,082$15,791$12,335$3,897
22 years$29,947$23,658$18,509$14,357$11,056$3,263
23 years$28,342$22,127$17,090$13,076$9,925$2,735
24 years$26,873$20,732$15,805$11,926$8,920$2,293
25 years$25,524$19,456$14,639$10,891$8,027$1,924
26 years$24,280$18,285$13,577$9,958$7,231$1,614
27 years$23,131$17,209$12,607$9,115$6,519$1,355
28 years$22,065$16,216$11,720$8,351$5,882$1,138
29 years$21,075$15,297$10,906$7,658$5,311$956
30 years$20,152$14,447$10,159$7,029$4,799$803
31 years$19,291$13,657$9,471$6,455$4,339$675
32 years$18,485$12,922$8,836$5,932$3,925$567
33 years$17,729$12,238$8,251$5,455$3,552$477
34 years$17,020$11,599$7,709$5,019$3,216$401
35 years$16,352$11,001$7,207$4,621$2,913$337
36 years$15,723$10,442$6,742$4,255$2,639$283
37 years$15,130$9,917$6,311$3,921$2,392$238
38 years$14,569$9,425$5,910$3,614$2,169$200
39 years$14,038$8,962$5,537$3,332$1,966$168
40 years$13,535$8,527$5,190$3,074$1,784$142
41 years$13,058$8,117$4,866$2,836$1,618$119
42 years$12,604$7,730$4,565$2,617$1,468$100
43 years$12,173$7,365$4,283$2,416$1,333$84
44 years$11,763$7,020$4,021$2,231$1,210$71
45 years$11,372$6,695$3,775$2,060$1,098$60
46 years$10,999$6,386$3,546$1,903$997$50
47 years$10,643$6,095$3,331$1,758$905$42
48 years$10,302$5,818$3,130$1,624$822$35
49 years$9,977$5,556$2,942$1,501$747$30
50 years$9,666$5,307$2,766$1,388$678$25

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 $3,599 every year, while hoping to spend $27,692 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: 33/49/18 Blend
50$9,900,000$9,900,000$9,900,000$9,900,000
51$10,913,512$10,388,812$10,235,362$11,212,609
52$11,997,227$10,868,400$10,548,783$11,913,645
53$13,190,551$11,370,560$10,871,775$12,665,870
54$14,504,638$11,896,367$11,204,630$13,476,003
55$15,951,774$12,446,952$11,547,648$14,349,149
56$17,545,500$13,023,497$11,901,138$15,290,898
57$19,300,734$13,627,242$12,265,420$16,307,372
58$21,233,919$14,259,487$12,640,822$17,405,279
59$23,363,170$14,921,594$13,027,681$18,591,970
60$25,708,452$15,614,991$13,426,347$19,875,506
61$28,291,764$16,341,174$13,837,179$21,264,721
62$31,137,346$17,101,714$14,260,547$22,769,308
63$34,271,912$17,898,255$14,696,832$24,399,897
64$37,724,898$18,732,521$15,146,427$26,168,152
65$41,528,743$19,606,319$15,609,737$28,086,875
66$45,719,190$20,521,544$16,087,179$30,170,115
67$50,335,630$21,480,183$16,579,182$32,433,298
68$55,421,470$22,484,317$17,086,190$34,893,362
69$61,024,540$23,536,129$17,608,657$37,568,908
70$67,197,551$24,637,907$18,147,056$40,480,369
71$73,998,588$25,792,051$18,701,868$43,650,190
72$81,491,657$27,001,074$19,273,594$47,103,034
73$89,747,293$28,267,614$19,862,746$50,866,003
74$98,843,224$29,594,434$20,469,855$54,968,882
75$108,865,103$30,984,432$21,095,466$59,444,411
76$119,907,321$32,440,646$21,740,141$64,328,582
77$132,073,890$33,966,261$22,404,459$69,660,965
78$145,479,435$35,564,615$23,089,016$75,485,073
79$160,250,266$37,239,210$23,794,427$81,848,752
80$176,525,578$38,993,717$24,521,325$88,804,627
81$194,458,760$40,831,982$25,270,363$96,410,579
82$214,218,845$42,758,040$26,042,211$104,730,277
83$235,992,106$44,776,123$26,837,564$113,833,765
84$259,983,811$46,890,663$27,657,133$123,798,103
85$286,420,167$49,106,313$28,501,654$134,708,079
86$315,550,448$51,427,946$29,371,883$146,656,993
87$347,649,354$53,860,675$30,268,601$159,747,515
88$383,019,600$56,409,860$31,192,611$174,092,634
89$421,994,776$59,081,121$32,144,741$189,816,706
90$464,942,496$61,880,349$33,125,843$207,056,606
91$512,267,868$64,813,723$34,136,796$225,962,994
92$564,417,317$67,887,722$35,178,505$246,701,716
93$621,882,801$71,109,138$36,251,902$269,455,343
94$685,206,454$74,485,093$37,357,948$294,424,865
95$754,985,705$78,023,055$38,497,632$321,831,569
96$831,878,918$81,730,856$39,671,974$351,919,088
97$916,611,605$85,616,706$40,882,023$384,955,680
98$1,009,983,280$89,689,215$42,128,861$421,236,722
99$1,112,875,000$93,957,412$43,413,604$461,087,467
100$1,226,257,688$98,430,763$44,737,398$504,866,082