Can I retire at age 51 with 10,100,000?

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 $10,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$834,049$826,619$819,371$812,296$805,388$792,698
2 years$412,895$405,206$397,753$390,527$383,518$370,766
3 years$272,529$264,806$257,372$250,214$243,320$230,902
4 years$202,360$194,661$187,301$180,265$173,538$161,551
5 years$160,269$152,616$145,353$138,461$131,921$120,399
6 years$132,218$124,623$117,467$110,728$104,384$93,341
7 years$112,190$104,658$97,616$91,036$84,892$74,331
8 years$97,175$89,711$82,786$76,368$70,426$60,345
9 years$85,503$78,110$71,303$65,048$59,309$49,702
10 years$76,171$68,850$62,164$56,072$50,534$41,394
11 years$68,540$61,293$54,728$48,800$43,461$34,779
12 years$62,186$55,013$48,570$42,804$37,663$29,427
13 years$56,814$49,716$43,394$37,789$32,843$25,041
14 years$52,213$45,190$38,990$33,545$28,790$21,410
15 years$48,229$41,282$35,202$29,917$25,349$18,378
16 years$44,747$37,876$31,916$26,787$22,403$15,827
17 years$41,677$34,882$29,042$24,068$19,864$13,668
18 years$38,952$32,233$26,512$21,690$17,662$11,831
19 years$36,516$29,873$24,270$19,599$15,743$10,262
20 years$34,327$27,759$22,274$17,750$14,062$8,916
21 years$32,348$25,857$20,488$16,110$12,584$7,758
22 years$30,552$24,136$18,883$14,647$11,280$6,759
23 years$28,915$22,574$17,435$13,340$10,125$5,895
24 years$27,416$21,151$16,124$12,167$9,101$5,147
25 years$26,039$19,849$14,934$11,111$8,189$4,497
26 years$24,771$18,655$13,851$10,159$7,377$3,932
27 years$23,598$17,556$12,862$9,299$6,651$3,440
28 years$22,511$16,543$11,957$8,520$6,001$3,012
29 years$21,500$15,607$11,127$7,813$5,419$2,638
30 years$20,559$14,739$10,364$7,170$4,896$2,311
31 years$19,680$13,933$9,662$6,586$4,427$2,026
32 years$18,858$13,183$9,015$6,052$4,004$1,776
33 years$18,088$12,485$8,417$5,566$3,624$1,558
34 years$17,364$11,833$7,865$5,121$3,281$1,366
35 years$16,683$11,223$7,353$4,714$2,972$1,199
36 years$16,041$10,653$6,878$4,341$2,692$1,052
37 years$15,436$10,117$6,438$4,000$2,440$923
38 years$14,863$9,615$6,029$3,687$2,212$811
39 years$14,322$9,143$5,649$3,400$2,006$712
40 years$13,808$8,699$5,294$3,136$1,820$625
41 years$13,321$8,281$4,964$2,893$1,651$549
42 years$12,859$7,886$4,657$2,670$1,498$482
43 years$12,419$7,514$4,370$2,465$1,360$423
44 years$12,000$7,162$4,102$2,276$1,234$372
45 years$11,601$6,830$3,851$2,102$1,120$326
46 years$11,221$6,515$3,617$1,941$1,017$287
47 years$10,858$6,218$3,398$1,794$924$252
48 years$10,511$5,936$3,194$1,657$839$221
49 years$10,179$5,668$3,002$1,532$762$194
50 years$9,861$5,415$2,822$1,416$692$171

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $10,100,000, adding $6,349 every year, while hoping to spend $34,379 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: 47/40/13 Blend
50$10,100,000$10,100,000$10,100,000$10,100,000
51$11,136,749$10,601,449$10,444,899$11,619,389
52$12,236,118$11,084,341$10,758,224$12,436,616
53$13,446,471$11,589,742$11,080,893$13,319,007
54$14,779,092$12,118,720$11,413,184$14,275,914
55$16,246,413$12,672,392$11,755,379$15,314,283
56$17,862,137$13,251,929$12,107,774$16,441,742
57$19,641,360$13,858,558$12,470,670$17,666,665
58$21,600,719$14,493,567$12,844,377$18,998,251
59$23,758,544$15,158,304$13,229,216$20,446,603
60$26,135,036$15,854,181$13,625,515$22,022,821
61$28,752,453$16,582,679$14,033,613$23,739,100
62$31,635,323$17,345,351$14,453,859$25,608,843
63$34,810,675$18,143,822$14,886,613$27,646,779
64$38,308,292$18,979,798$15,332,242$29,869,099
65$42,160,995$19,855,065$15,791,129$32,293,604
66$46,404,948$20,771,495$16,263,664$34,939,863
67$51,080,007$21,731,052$16,750,250$37,829,395
68$56,230,086$22,735,792$17,251,302$40,985,867
69$61,903,581$23,787,872$17,767,247$44,435,306
70$68,153,820$24,889,552$18,298,524$48,206,340
71$75,039,570$26,043,200$18,845,585$52,330,461
72$82,625,589$27,251,300$19,408,895$56,842,315
73$90,983,240$28,516,454$19,988,934$61,780,021
74$100,191,161$29,841,391$20,586,194$67,185,519
75$110,336,011$31,228,970$21,201,182$73,104,961
76$121,513,283$32,682,189$21,834,421$79,589,136
77$133,828,212$34,204,191$22,486,448$86,693,940
78$147,396,762$35,798,268$23,157,817$94,480,891
79$162,346,723$37,467,875$23,849,095$103,017,703
80$178,818,918$39,216,630$24,560,869$112,378,911
81$196,968,531$41,048,328$25,293,741$122,646,565
82$216,966,572$42,966,947$26,048,333$133,910,990
83$239,001,492$44,976,657$26,825,282$146,271,627
84$263,280,961$47,081,829$27,625,244$159,837,961
85$290,033,826$49,287,047$28,448,897$174,730,534
86$319,512,277$51,597,113$29,296,936$191,082,076
87$351,994,223$54,017,065$30,170,077$209,038,735
88$387,785,915$56,552,183$31,069,056$228,761,448
89$427,224,841$59,208,002$31,994,633$250,427,436
90$470,682,908$61,990,327$32,947,585$274,231,865
91$518,569,953$64,905,241$33,928,718$300,389,669
92$571,337,614$67,959,124$34,938,856$329,137,555
93$629,483,593$71,158,663$35,978,850$360,736,225
94$693,556,352$74,510,871$37,049,574$395,472,808
95$764,160,293$78,023,097$38,151,929$433,663,556
96$841,961,465$81,703,050$39,286,840$475,656,798
97$927,693,846$85,558,811$40,455,260$521,836,212
98$1,022,166,277$89,598,852$41,658,170$572,624,416
99$1,126,270,098$93,832,056$42,896,580$628,486,933
100$1,240,987,558$98,267,737$44,171,525$689,936,557