Can I retire at age 51 with 10,600,000?

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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$875,338$867,541$859,934$852,509$845,259$822,490
2 years$433,336$425,265$417,444$409,860$402,504$379,728
3 years$286,021$277,916$270,114$262,601$255,365$233,294
4 years$212,378$204,297$196,574$189,189$182,129$160,932
5 years$168,204$160,172$152,549$145,316$138,451$118,188
6 years$138,764$130,792$123,282$116,210$109,552$90,241
7 years$117,743$109,839$102,448$95,543$89,095$70,737
8 years$101,985$94,152$86,884$80,148$73,913$56,499
9 years$89,736$81,977$74,833$68,269$62,245$45,760
10 years$79,942$72,258$65,241$58,848$53,036$37,458
11 years$71,933$64,327$57,438$51,216$45,613$30,917
12 years$65,265$57,737$50,974$44,923$39,527$25,688
13 years$59,627$52,177$45,542$39,660$34,468$21,456
14 years$54,798$47,428$40,920$35,206$30,215$17,999
15 years$50,617$43,326$36,945$31,398$26,603$15,152
16 years$46,962$39,751$33,496$28,113$23,512$12,793
17 years$43,741$36,609$30,480$25,259$20,848$10,827
18 years$40,880$33,828$27,824$22,764$18,537$9,182
19 years$38,324$31,352$25,472$20,569$16,522$7,800
20 years$36,026$29,134$23,377$18,629$14,758$6,636
21 years$33,950$27,137$21,502$16,907$13,207$5,652
22 years$32,065$25,331$19,818$15,373$11,838$4,819
23 years$30,346$23,692$18,298$14,000$10,626$4,112
24 years$28,773$22,198$16,923$12,769$9,551$3,512
25 years$27,328$20,831$15,674$11,661$8,595$3,001
26 years$25,997$19,578$14,537$10,662$7,742$2,565
27 years$24,766$18,425$13,499$9,760$6,980$2,194
28 years$23,625$17,362$12,549$8,942$6,298$1,878
29 years$22,565$16,379$11,678$8,200$5,687$1,607
30 years$21,577$15,468$10,877$7,525$5,139$1,376
31 years$20,655$14,623$10,141$6,912$4,646$1,178
32 years$19,792$13,836$9,461$6,352$4,202$1,009
33 years$18,983$13,103$8,834$5,841$3,803$865
34 years$18,223$12,419$8,254$5,374$3,443$741
35 years$17,509$11,779$7,717$4,947$3,119$635
36 years$16,835$11,180$7,219$4,556$2,826$544
37 years$16,200$10,618$6,757$4,198$2,561$467
38 years$15,599$10,091$6,328$3,869$2,322$400
39 years$15,031$9,596$5,928$3,568$2,106$343
40 years$14,492$9,130$5,556$3,291$1,910$294
41 years$13,981$8,690$5,210$3,036$1,733$252
42 years$13,495$8,277$4,887$2,802$1,572$216
43 years$13,034$7,886$4,586$2,587$1,427$185
44 years$12,594$7,517$4,305$2,388$1,295$159
45 years$12,176$7,168$4,042$2,206$1,176$136
46 years$11,776$6,838$3,796$2,037$1,068$117
47 years$11,395$6,526$3,567$1,882$969$100
48 years$11,031$6,230$3,352$1,739$880$86
49 years$10,683$5,949$3,150$1,607$800$74
50 years$10,349$5,683$2,962$1,486$726$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $10,600,000, adding $4,690 every year, while hoping to spend $54,981 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: 51/42/7 Blend
50$10,600,000$10,600,000$10,600,000$10,600,000
51$11,686,038$11,124,238$10,959,938$12,261,438
52$12,819,514$11,610,826$11,268,596$13,139,932
53$14,066,763$12,119,414$11,585,752$14,088,067
54$15,439,330$12,651,023$11,911,632$15,117,411
55$16,949,938$13,206,719$12,246,468$16,235,603
56$18,612,605$13,787,623$12,590,499$17,451,030
57$20,442,779$14,394,904$12,943,969$18,772,909
58$22,457,479$15,029,791$13,307,128$20,211,362
59$24,675,458$15,693,567$13,680,233$21,777,516
60$27,117,382$16,387,579$14,063,548$23,483,596
61$29,806,020$17,113,235$14,457,342$25,343,041
62$32,766,463$17,872,013$14,861,892$27,370,621
63$36,026,359$18,665,458$15,277,482$29,582,578
64$39,616,172$19,495,190$15,704,402$31,996,768
65$43,569,473$20,362,906$16,142,951$34,632,827
66$47,923,252$21,270,381$16,593,433$37,512,351
67$52,718,273$22,219,479$17,056,161$40,659,091
68$57,999,451$23,212,147$17,531,457$44,099,174
69$63,816,282$24,250,430$18,019,649$47,861,341
70$70,223,308$25,336,467$18,521,072$51,977,213
71$77,280,631$26,472,499$19,036,073$56,481,582
72$85,054,479$27,660,875$19,565,005$61,412,729
73$93,617,833$28,904,054$20,108,230$66,812,781
74$103,051,114$30,204,616$20,666,118$72,728,101
75$113,442,944$31,565,258$21,239,050$79,209,711
76$124,890,981$32,988,812$21,827,414$86,313,773
77$137,502,838$34,478,241$22,431,609$94,102,103
78$151,397,103$36,036,651$23,052,044$102,642,747
79$166,704,457$37,667,296$23,689,136$112,010,615
80$183,568,902$39,373,584$24,343,314$122,288,173
81$202,149,131$41,159,090$25,015,015$133,566,215
82$222,620,012$43,027,556$25,704,688$145,944,702
83$245,174,251$44,982,904$26,412,793$159,533,701
84$270,024,203$47,029,245$27,139,800$174,454,404
85$297,403,879$49,170,885$27,886,190$190,840,263
86$327,571,154$51,412,337$28,652,457$208,838,234
87$360,810,201$53,758,331$29,439,104$228,610,148
88$397,434,175$56,213,822$30,246,647$250,334,225
89$437,788,166$58,784,005$31,075,615$274,206,739
90$482,252,459$61,474,321$31,926,548$300,443,857
91$531,246,122$64,290,475$32,800,000$329,283,655
92$585,230,961$67,238,444$33,696,535$360,988,353
93$644,715,883$70,324,491$34,616,732$395,846,769
94$710,261,695$73,555,183$35,561,185$434,177,023
95$782,486,401$76,937,400$36,530,497$476,329,522
96$862,071,034$80,478,352$37,525,289$522,690,243
97$949,766,086$84,185,599$38,546,193$573,684,353
98$1,046,398,594$88,067,060$39,593,858$629,780,200
99$1,152,879,944$92,131,039$40,668,945$691,493,708
100$1,270,214,474$96,386,237$41,772,131$759,393,219