Can I retire at age 51 with 10,700,000?

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 $10,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$883,596$875,725$868,047$860,552$853,233$819,704
2 years$437,424$429,277$421,382$413,727$406,301$372,932
3 years$288,719$280,537$272,662$265,079$257,774$225,615
4 years$214,381$206,225$198,428$190,974$183,847$153,142
5 years$169,790$161,683$153,988$146,687$139,757$110,586
6 years$140,073$132,026$124,445$117,306$110,585$82,966
7 years$118,854$110,875$103,415$96,444$89,935$63,858
8 years$102,948$95,041$87,704$80,905$74,610$50,049
9 years$90,582$82,750$75,539$68,913$62,833$39,752
10 years$80,696$72,940$65,857$59,403$53,536$31,891
11 years$72,612$64,934$57,979$51,699$46,043$25,783
12 years$65,881$58,281$51,455$45,347$39,900$20,971
13 years$60,189$52,669$45,972$40,034$34,794$17,139
14 years$55,315$47,875$41,306$35,538$30,500$14,061
15 years$51,094$43,735$37,294$31,694$26,854$11,571
16 years$47,405$40,126$33,812$28,378$23,734$9,546
17 years$44,153$36,954$30,768$25,498$21,044$7,892
18 years$41,266$34,147$28,087$22,979$18,712$6,535
19 years$38,685$31,648$25,712$20,763$16,678$5,419
20 years$36,366$29,408$23,597$18,805$14,897$4,498
21 years$34,270$27,393$21,705$17,067$13,331$3,738
22 years$32,367$25,570$20,005$15,518$11,950$3,108
23 years$30,633$23,915$18,471$14,132$10,727$2,586
24 years$29,045$22,407$17,082$12,889$9,641$2,153
25 years$27,586$21,028$15,822$11,771$8,676$1,793
26 years$26,242$19,763$14,674$10,763$7,815$1,494
27 years$25,000$18,599$13,626$9,852$7,046$1,245
28 years$23,848$17,526$12,667$9,026$6,357$1,038
29 years$22,778$16,534$11,788$8,277$5,741$866
30 years$21,781$15,614$10,980$7,596$5,187$722
31 years$20,850$14,761$10,236$6,977$4,690$602
32 years$19,979$13,967$9,551$6,412$4,242$502
33 years$19,162$13,227$8,917$5,896$3,839$419
34 years$18,395$12,536$8,332$5,425$3,476$350
35 years$17,674$11,890$7,790$4,994$3,148$292
36 years$16,994$11,285$7,287$4,599$2,852$244
37 years$16,353$10,718$6,821$4,238$2,585$203
38 years$15,746$10,186$6,387$3,906$2,344$170
39 years$15,172$9,686$5,984$3,602$2,125$142
40 years$14,629$9,216$5,609$3,322$1,928$118
41 years$14,113$8,772$5,259$3,065$1,749$99
42 years$13,623$8,355$4,933$2,828$1,587$82
43 years$13,157$7,960$4,629$2,611$1,440$69
44 years$12,713$7,588$4,345$2,411$1,307$57
45 years$12,290$7,236$4,080$2,226$1,187$48
46 years$11,887$6,903$3,832$2,057$1,078$40
47 years$11,503$6,587$3,600$1,900$979$33
48 years$11,135$6,288$3,383$1,756$889$28
49 years$10,783$6,005$3,180$1,623$807$23
50 years$10,447$5,736$2,990$1,500$733$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $10,700,000, adding $3,397 every year, while hoping to spend $57,299 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: 76/12/12 Blend
50$10,700,000$10,700,000$10,700,000$10,700,000
51$11,794,904$11,227,804$11,061,954$12,663,421
52$12,937,019$11,717,001$11,371,564$13,725,579
53$14,193,708$12,228,248$11,689,625$14,882,051
54$15,576,600$12,762,565$12,016,360$16,148,205
55$17,098,502$13,321,020$12,351,998$17,534,932
56$18,773,532$13,904,732$12,696,772$19,054,223
57$20,617,240$14,514,872$13,050,922$20,719,282
58$22,646,764$15,152,666$13,414,693$22,544,645
59$24,880,986$15,819,399$13,788,338$24,546,320
60$27,340,712$16,516,415$14,172,113$26,741,936
61$30,048,870$17,245,125$14,566,284$29,150,902
62$33,030,721$18,007,002$14,971,120$31,794,597
63$36,314,102$18,803,592$15,386,900$34,696,563
64$39,929,686$19,636,515$15,813,908$37,882,729
65$43,911,274$20,507,464$16,252,434$41,381,653
66$48,296,110$21,418,216$16,702,776$45,224,789
67$53,125,235$22,370,629$17,165,240$49,446,781
68$58,443,872$23,366,654$17,640,139$54,085,790
69$64,301,856$24,408,329$18,127,793$59,183,849
70$70,754,100$25,497,792$18,628,529$64,787,261
71$77,861,118$26,637,283$19,142,684$70,947,028
72$85,689,589$27,829,147$19,670,601$77,719,336
73$94,312,994$29,075,842$20,212,633$85,166,078
74$103,812,302$30,379,941$20,769,139$93,355,439
75$114,276,740$31,744,142$21,340,489$102,362,532
76$125,804,632$33,171,269$21,927,060$112,270,108
77$138,504,326$34,664,283$22,529,238$123,169,332
78$152,495,220$36,226,285$23,147,419$135,160,641
79$167,908,883$37,860,523$23,782,009$148,354,688
80$184,890,303$39,570,403$24,433,420$162,873,382
81$203,599,251$41,359,490$25,102,077$178,851,038
82$224,211,791$43,231,522$25,788,413$196,435,636
83$246,921,941$45,190,414$26,492,872$215,790,219
84$271,943,504$47,240,269$27,215,908$237,094,424
85$299,512,085$49,385,386$27,957,985$260,546,174
86$329,887,317$51,630,269$28,719,577$286,363,545
87$363,355,311$53,979,639$29,501,169$314,786,812
88$400,231,353$56,438,442$30,303,259$346,080,722
89$440,862,887$59,011,861$31,126,354$380,536,979
90$485,632,786$61,705,328$31,970,972$418,476,997
91$534,962,975$64,524,534$32,837,645$460,254,929
92$589,318,407$67,475,444$33,726,913$506,261,000
93$649,211,452$70,564,308$34,639,333$556,925,188
94$715,206,739$73,797,678$35,575,469$612,721,276
95$787,926,480$77,182,418$36,535,901$674,171,315
96$868,056,347$80,725,723$37,521,220$741,850,549
97$956,351,944$84,435,132$38,532,030$816,392,835
98$1,053,645,937$88,318,550$39,568,949$898,496,622
99$1,160,855,921$92,384,256$40,632,606$988,931,532
100$1,278,993,072$96,640,932$41,723,646$1,088,545,622