Can I retire at age 51 with 10,000,000?

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 $10,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$825,791$818,435$811,258$804,254$797,414$781,633
2 years$408,807$401,194$393,815$386,660$379,721$363,889
3 years$269,831$262,184$254,824$247,737$240,911$225,521
4 years$200,356$192,733$185,447$178,481$171,819$156,991
5 years$158,683$151,105$143,914$137,090$130,614$116,388
6 years$130,909$123,389$116,304$109,632$103,351$89,743
7 years$111,079$103,622$96,649$90,135$84,052$71,066
8 years$96,213$88,823$81,966$75,612$69,729$57,361
9 years$84,656$77,336$70,598$64,404$58,722$46,964
10 years$75,417$68,168$61,549$55,517$50,034$38,875
11 years$67,862$60,686$54,186$48,317$43,031$32,457
12 years$61,571$54,469$48,089$42,380$37,290$27,286
13 years$56,251$49,224$42,964$37,415$32,517$23,067
14 years$51,696$44,743$38,604$33,213$28,505$19,589
15 years$47,752$40,874$34,854$29,620$25,098$16,699
16 years$44,304$37,501$31,600$26,522$22,181$14,281
17 years$41,265$34,537$28,755$23,830$19,668$12,245
18 years$38,566$31,914$26,250$21,475$17,487$10,523
19 years$36,155$29,577$24,030$19,405$15,587$9,060
20 years$33,987$27,484$22,054$17,575$13,923$7,813
21 years$32,028$25,601$20,285$15,950$12,459$6,747
22 years$30,250$23,897$18,696$14,502$11,168$5,833
23 years$28,629$22,351$17,262$13,208$10,025$5,048
24 years$27,145$20,941$15,965$12,046$9,011$4,373
25 years$25,782$19,652$14,787$11,001$8,108$3,791
26 years$24,525$18,470$13,714$10,059$7,304$3,288
27 years$23,364$17,382$12,734$9,207$6,585$2,854
28 years$22,288$16,379$11,838$8,436$5,942$2,478
29 years$21,288$15,452$11,017$7,736$5,365$2,153
30 years$20,356$14,593$10,262$7,099$4,848$1,871
31 years$19,486$13,795$9,567$6,520$4,383$1,626
32 years$18,672$13,053$8,926$5,992$3,965$1,414
33 years$17,909$12,361$8,334$5,510$3,588$1,230
34 years$17,192$11,716$7,787$5,070$3,248$1,070
35 years$16,518$11,112$7,280$4,667$2,942$931
36 years$15,882$10,547$6,810$4,298$2,666$810
37 years$15,283$10,017$6,374$3,960$2,416$705
38 years$14,716$9,520$5,969$3,650$2,190$613
39 years$14,180$9,053$5,593$3,366$1,986$534
40 years$13,672$8,613$5,242$3,105$1,802$465
41 years$13,189$8,199$4,915$2,864$1,635$405
42 years$12,731$7,808$4,611$2,643$1,483$352
43 years$12,296$7,439$4,327$2,440$1,346$307
44 years$11,881$7,091$4,061$2,253$1,222$267
45 years$11,486$6,762$3,813$2,081$1,109$233
46 years$11,110$6,451$3,582$1,922$1,007$203
47 years$10,750$6,156$3,365$1,776$914$176
48 years$10,406$5,877$3,162$1,641$830$154
49 years$10,078$5,612$2,972$1,516$754$134
50 years$9,763$5,361$2,794$1,402$685$117

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $10,000,000, adding $5,153 every year, while hoping to spend $32,709 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: 71/19/10 Blend
50$10,000,000$10,000,000$10,000,000$10,000,000
51$11,025,315$10,495,315$10,340,315$11,786,468
52$12,115,095$10,974,784$10,651,914$12,770,313
53$13,314,937$11,476,650$10,972,854$13,842,383
54$14,636,031$12,001,976$11,303,416$15,014,996
55$16,090,711$12,551,878$11,643,885$16,298,054
56$17,692,564$13,127,521$11,994,556$17,702,452
57$19,456,566$13,730,129$12,355,734$19,240,181
58$21,399,216$14,360,986$12,727,731$20,924,440
59$23,538,695$15,021,434$13,110,870$22,769,755
60$25,895,040$15,712,881$13,505,481$24,792,118
61$28,490,326$16,436,805$13,911,907$27,009,131
62$31,348,883$17,194,752$14,330,499$29,440,174
63$34,497,517$17,988,343$14,761,619$32,106,582
64$37,965,770$18,819,278$15,205,640$35,031,847
65$41,786,195$19,689,339$15,662,945$38,241,833
66$45,994,662$20,600,391$16,133,929$41,765,020
67$50,630,700$21,554,393$16,618,998$45,632,767
68$55,737,869$22,553,396$17,118,572$49,879,608
69$61,364,168$23,599,549$17,633,081$54,543,574
70$67,562,492$24,695,106$18,162,968$59,666,544
71$74,391,130$25,842,429$18,708,691$65,294,643
72$81,914,312$27,043,996$19,270,719$71,478,670
73$90,202,821$28,302,400$19,849,537$78,274,571
74$99,334,655$29,620,364$20,445,642$85,743,970
75$109,395,767$31,000,739$21,059,549$93,954,740
76$120,480,875$32,446,515$21,691,783$102,981,640
77$132,694,356$33,960,826$22,342,890$112,907,017
78$146,151,232$35,546,959$23,013,429$123,821,581
79$160,978,255$37,208,356$23,703,975$135,825,250
80$177,315,100$38,948,629$24,415,122$149,028,091
81$195,315,692$40,771,564$25,147,480$163,551,354
82$215,149,649$42,681,127$25,901,677$179,528,610
83$237,003,890$44,681,479$26,678,360$197,107,002
84$261,084,396$46,776,981$27,478,195$216,448,633
85$287,618,157$48,972,205$28,301,867$237,732,086
86$316,855,310$51,271,944$29,150,081$261,154,103
87$349,071,506$53,681,224$30,023,563$286,931,435
88$384,570,508$56,205,313$30,923,061$315,302,880
89$423,687,061$58,849,734$31,849,344$346,531,528
90$466,790,048$61,620,277$32,803,203$380,907,240
91$514,285,977$64,523,015$33,785,455$418,749,368
92$566,622,816$67,564,313$34,796,938$460,409,768
93$624,294,223$70,750,843$35,838,514$506,276,107
94$687,844,203$74,089,604$36,911,074$556,775,513
95$757,872,248$77,587,931$38,015,532$612,378,596
96$835,038,994$81,253,516$39,152,828$673,603,883
97$920,072,457$85,094,424$40,323,934$741,022,695
98$1,013,774,907$89,119,110$41,529,845$815,264,534
99$1,117,030,441$93,336,440$42,771,588$897,023,007
100$1,230,813,330$97,755,710$44,050,220$987,062,367