Can I retire at age 51 with 10,800,000?

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 $10,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$891,854$883,910$876,159$868,594$861,207$845,202
2 years$441,512$433,289$425,320$417,593$410,099$394,034
3 years$291,417$283,159$275,210$267,556$260,183$244,559
4 years$216,385$208,152$200,283$192,759$185,565$170,502
5 years$171,377$163,194$155,427$148,057$141,064$126,604
6 years$141,382$133,260$125,608$118,403$111,619$97,780
7 years$119,965$111,911$104,381$97,345$90,776$77,561
8 years$103,910$95,929$88,524$81,661$75,307$62,712
9 years$91,429$83,523$76,245$69,557$63,420$51,437
10 years$81,450$73,622$66,472$59,959$54,037$42,656
11 years$73,291$65,541$58,521$52,182$46,473$35,682
12 years$66,496$58,826$51,936$45,771$40,273$30,055
13 years$60,752$53,162$46,401$40,409$35,119$25,458
14 years$55,832$48,322$41,692$35,870$30,785$21,664
15 years$51,572$44,143$37,642$31,990$27,105$18,506
16 years$47,848$40,501$34,128$28,644$23,956$15,860
17 years$44,566$37,300$31,055$25,736$21,241$13,628
18 years$41,651$34,467$28,349$23,193$18,886$11,737
19 years$39,047$31,943$25,953$20,957$16,834$10,128
20 years$36,706$29,683$23,818$18,981$15,036$8,753
21 years$34,590$27,649$21,908$17,226$13,456$7,576
22 years$32,670$25,809$20,192$15,663$12,061$6,566
23 years$30,919$24,139$18,643$14,264$10,827$5,695
24 years$29,316$22,616$17,242$13,010$9,731$4,945
25 years$27,844$21,224$15,970$11,881$8,757$4,297
26 years$26,487$19,948$14,811$10,864$7,888$3,736
27 years$25,233$18,773$13,753$9,944$7,112$3,250
28 years$24,071$17,690$12,785$9,111$6,417$2,829
29 years$22,991$16,688$11,898$8,355$5,794$2,464
30 years$21,984$15,760$11,082$7,667$5,235$2,146
31 years$21,044$14,899$10,332$7,042$4,733$1,870
32 years$20,165$14,097$9,640$6,472$4,282$1,630
33 years$19,341$13,350$9,001$5,951$3,875$1,422
34 years$18,567$12,653$8,410$5,476$3,508$1,240
35 years$17,839$12,001$7,863$5,041$3,178$1,081
36 years$17,153$11,391$7,355$4,642$2,879$943
37 years$16,505$10,819$6,884$4,277$2,609$823
38 years$15,893$10,282$6,447$3,942$2,366$718
39 years$15,314$9,777$6,040$3,635$2,145$627
40 years$14,765$9,302$5,661$3,353$1,946$547
41 years$14,245$8,854$5,309$3,093$1,765$478
42 years$13,750$8,433$4,980$2,855$1,602$417
43 years$13,280$8,035$4,673$2,635$1,454$364
44 years$12,832$7,659$4,386$2,433$1,320$318
45 years$12,405$7,303$4,118$2,247$1,198$277
46 years$11,998$6,967$3,868$2,076$1,088$242
47 years$11,610$6,649$3,634$1,918$988$211
48 years$11,239$6,347$3,415$1,772$897$185
49 years$10,884$6,061$3,210$1,638$815$161
50 years$10,545$5,790$3,018$1,514$740$141

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $10,800,000, adding $2,234 every year, while hoping to spend $52,050 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: 78/6/16 Blend
50$10,800,000$10,800,000$10,800,000$10,800,000
51$11,903,904$11,331,504$11,164,104$12,791,219
52$13,062,722$11,831,367$11,482,721$13,876,508
53$14,337,994$12,353,979$11,810,267$15,059,890
54$15,741,545$12,900,399$12,146,986$16,356,556
55$17,286,402$13,471,738$12,493,129$17,777,815
56$18,986,919$14,069,158$12,848,954$19,336,120
57$20,858,914$14,693,876$13,214,723$21,045,190
58$22,919,816$15,347,168$13,590,709$22,920,129
59$25,188,829$16,030,371$13,977,189$24,977,575
60$27,687,113$16,744,883$14,374,449$27,235,852
61$30,437,986$17,492,170$14,782,781$29,715,146
62$33,467,143$18,273,768$15,202,486$32,437,686
63$36,802,894$19,091,286$15,633,872$35,427,963
64$40,476,439$19,946,408$16,077,256$38,712,949
65$44,522,154$20,840,900$16,532,962$42,322,361
66$48,977,921$21,776,612$17,001,324$46,288,932
67$53,885,483$22,755,480$17,482,682$50,648,720
68$59,290,839$23,779,535$17,977,389$55,441,451
69$65,244,676$24,850,904$18,485,803$60,710,886
70$71,802,848$25,971,814$19,008,293$66,505,237
71$79,026,906$27,144,599$19,545,237$72,877,620
72$86,984,672$28,371,707$20,097,025$79,886,552
73$95,750,887$29,655,699$20,664,053$87,596,503
74$105,407,910$30,999,260$21,246,732$96,078,503
75$116,046,498$32,405,205$21,845,478$105,410,810
76$127,766,662$33,876,481$22,460,722$115,679,645
77$140,678,610$35,416,177$23,092,905$126,980,008
78$154,903,789$37,027,531$23,742,478$139,416,568
79$170,576,029$38,713,933$24,409,905$153,104,649
80$187,842,807$40,478,939$25,095,660$168,171,321
81$206,866,639$42,326,273$25,800,230$184,756,591
82$227,826,614$44,259,838$26,524,116$203,014,724
83$250,920,083$46,283,724$27,267,828$223,115,698
84$276,364,523$48,402,219$28,031,892$245,246,806
85$304,399,590$50,619,813$28,816,846$269,614,417
86$335,289,379$52,941,214$29,623,241$296,445,925
87$369,324,919$55,371,357$30,451,643$325,991,891
88$406,826,918$57,915,412$31,302,631$358,528,406
89$448,148,794$60,578,797$32,176,799$394,359,691
90$493,680,005$63,367,192$33,074,756$433,820,970
91$543,849,731$66,286,550$33,997,125$477,281,625
92$599,130,921$69,343,108$34,944,547$525,148,684
93$660,044,761$72,543,407$35,917,675$577,870,657
94$727,165,591$75,894,298$36,917,182$635,941,768
95$801,126,328$79,402,965$37,943,754$699,906,613
96$882,624,441$83,076,937$38,998,097$770,365,298
97$972,428,532$86,924,106$40,080,931$847,979,101
98$1,071,385,597$90,952,742$41,192,998$933,476,708
99$1,180,429,018$95,171,516$42,335,053$1,027,661,089
100$1,300,587,374$99,589,516$43,507,873$1,131,417,070