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%19%
1 years$817,533$810,251$803,146$796,211$789,440$760,825
2 years$404,719$397,182$389,877$382,794$375,924$347,409
3 years$267,133$259,563$252,276$245,260$238,501$210,983
4 years$198,353$190,806$183,592$176,696$170,101$143,789
5 years$157,096$149,594$142,475$135,719$129,308$104,271
6 years$129,600$122,155$115,141$108,536$102,317$78,574
7 years$109,968$102,586$95,683$89,233$83,211$60,756
8 years$95,251$87,935$81,147$74,856$69,032$47,845
9 years$83,810$76,563$69,892$63,760$58,135$38,187
10 years$74,662$67,487$60,933$54,962$49,534$30,792
11 years$67,183$60,079$53,644$47,833$42,601$25,024
12 years$60,955$53,924$47,608$41,956$36,917$20,463
13 years$55,689$48,731$42,535$37,041$32,192$16,816
14 years$51,179$44,296$38,218$32,881$28,219$13,873
15 years$47,274$40,465$34,505$29,324$24,847$11,482
16 years$43,861$37,126$31,284$26,257$21,960$9,528
17 years$40,852$34,191$28,467$23,591$19,471$7,923
18 years$38,180$31,594$25,987$21,261$17,313$6,601
19 years$35,793$29,281$23,790$19,211$15,431$5,507
20 years$33,647$27,210$21,833$17,399$13,783$4,599
21 years$31,708$25,345$20,082$15,791$12,335$3,846
22 years$29,947$23,658$18,509$14,357$11,056$3,218
23 years$28,342$22,127$17,090$13,076$9,925$2,695
24 years$26,873$20,732$15,805$11,926$8,920$2,258
25 years$25,524$19,456$14,639$10,891$8,027$1,892
26 years$24,280$18,285$13,577$9,958$7,231$1,587
27 years$23,131$17,209$12,607$9,115$6,519$1,331
28 years$22,065$16,216$11,720$8,351$5,882$1,117
29 years$21,075$15,297$10,906$7,658$5,311$938
30 years$20,152$14,447$10,159$7,029$4,799$787
31 years$19,291$13,657$9,471$6,455$4,339$661
32 years$18,485$12,922$8,836$5,932$3,925$555
33 years$17,729$12,238$8,251$5,455$3,552$466
34 years$17,020$11,599$7,709$5,019$3,216$391
35 years$16,352$11,001$7,207$4,621$2,913$329
36 years$15,723$10,442$6,742$4,255$2,639$276
37 years$15,130$9,917$6,311$3,921$2,392$232
38 years$14,569$9,425$5,910$3,614$2,169$195
39 years$14,038$8,962$5,537$3,332$1,966$164
40 years$13,535$8,527$5,190$3,074$1,784$138
41 years$13,058$8,117$4,866$2,836$1,618$116
42 years$12,604$7,730$4,565$2,617$1,468$97
43 years$12,173$7,365$4,283$2,416$1,333$82
44 years$11,763$7,020$4,021$2,231$1,210$69
45 years$11,372$6,695$3,775$2,060$1,098$58
46 years$10,999$6,386$3,546$1,903$997$48
47 years$10,643$6,095$3,331$1,758$905$41
48 years$10,302$5,818$3,130$1,624$822$34
49 years$9,977$5,556$2,942$1,501$747$29
50 years$9,666$5,307$2,766$1,388$678$24

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 $6,392 every year, while hoping to spend $50,151 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: 25/47/28 Blend
50$9,900,000$9,900,000$9,900,000$9,900,000
51$10,916,393$10,391,693$10,238,243$11,093,244
52$11,976,505$10,847,526$10,527,864$11,697,326
53$13,143,068$11,324,014$10,825,507$12,339,866
54$14,426,886$11,822,115$11,131,386$13,027,753
55$15,839,865$12,342,836$11,445,724$13,764,826
56$17,395,123$12,887,227$11,768,748$14,555,284
57$19,107,114$13,456,390$12,100,690$15,403,720
58$20,991,766$14,051,479$12,441,789$16,315,159
59$23,066,628$14,673,703$12,792,291$17,295,104
60$25,351,037$15,324,328$13,152,446$18,349,579
61$27,866,302$16,004,679$13,522,512$19,485,183
62$30,635,902$16,716,146$13,902,753$20,709,145
63$33,685,709$17,460,182$14,293,440$22,029,388
64$37,044,232$18,238,311$14,694,851$23,454,600
65$40,742,886$19,052,131$15,107,271$24,994,304
66$44,816,287$19,903,312$15,530,991$26,658,945
67$49,302,580$20,793,606$15,966,311$28,459,984
68$54,243,798$21,724,848$16,413,538$30,409,993
69$59,686,260$22,698,960$16,872,986$32,522,773
70$65,681,005$23,717,955$17,344,978$34,813,470
71$72,284,277$24,783,944$17,829,844$37,298,717
72$79,558,053$25,899,137$18,327,923$39,996,775
73$87,570,628$27,065,848$18,839,562$42,927,702
74$96,397,262$28,286,505$19,365,117$46,113,532
75$106,120,887$29,563,648$19,904,953$49,578,471
76$116,832,891$30,899,941$20,459,443$53,349,118
77$128,633,982$32,298,174$21,028,970$57,454,704
78$141,635,135$33,761,270$21,613,927$61,927,358
79$155,958,640$35,292,294$22,214,715$66,802,398
80$171,739,259$36,894,455$22,831,746$72,118,654
81$189,125,496$38,571,116$23,465,442$77,918,817
82$208,280,998$40,325,801$24,116,235$84,249,836
83$229,386,098$42,162,204$24,784,568$91,163,342
84$252,639,523$44,084,195$25,470,894$98,716,123
85$278,260,263$46,095,829$26,175,677$106,970,645
86$306,489,640$48,201,355$26,899,393$115,995,626
87$337,593,589$50,405,227$27,642,528$125,866,667
88$371,865,164$52,712,112$28,405,582$136,666,950
89$409,627,306$55,126,901$29,189,064$148,488,005
90$451,235,892$57,654,720$29,993,498$161,430,555
91$497,083,091$60,300,939$30,819,418$175,605,444
92$547,601,070$63,071,189$31,667,372$191,134,671
93$603,266,071$65,971,369$32,537,921$208,152,511
94$664,602,908$69,007,664$33,431,639$226,806,765
95$732,189,919$72,186,553$34,349,113$247,260,131
96$806,664,426$75,514,830$35,290,944$269,691,715
97$888,728,754$78,999,613$36,257,747$294,298,694
98$979,156,857$82,648,364$37,250,152$321,298,155
99$1,078,801,626$86,468,904$38,268,801$350,929,112
100$1,188,602,941$90,469,429$39,314,355$383,454,734