Can I retire at age 51 with 11,000,000?

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 $11,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$908,370$900,278$892,384$884,679$877,155$867,634
2 years$449,688$441,313$433,196$425,327$417,693$408,106
3 years$296,814$288,403$280,307$272,511$265,002$255,647
4 years$220,392$212,007$203,991$196,329$189,001$179,951
5 years$174,551$166,216$158,306$150,799$143,676$134,956
6 years$144,000$135,728$127,935$120,595$113,686$105,307
7 years$122,187$113,984$106,314$99,148$92,457$84,423
8 years$105,834$97,705$90,163$83,173$76,702$69,013
9 years$93,122$85,070$77,657$70,845$64,594$57,246
10 years$82,958$74,985$67,703$61,069$55,037$48,026
11 years$74,648$66,755$59,605$53,148$47,334$40,653
12 years$67,728$59,915$52,898$46,618$41,019$34,662
13 years$61,877$54,146$47,261$41,157$35,769$29,729
14 years$56,866$49,217$42,464$36,534$31,355$25,622
15 years$52,527$44,961$38,339$32,582$27,607$22,174
16 years$48,734$41,251$34,760$29,174$24,400$19,255
17 years$45,391$37,990$31,630$26,213$21,634$16,770
18 years$42,423$35,105$28,874$23,623$19,236$14,642
19 years$39,770$32,535$26,433$21,345$17,146$12,812
20 years$37,386$30,233$24,259$19,332$15,315$11,231
21 years$35,231$28,161$22,314$17,545$13,705$9,861
22 years$33,275$26,287$20,566$15,953$12,285$8,670
23 years$31,491$24,586$18,989$14,528$11,027$7,632
24 years$29,859$23,035$17,561$13,251$9,912$6,725
25 years$28,360$21,617$16,265$12,101$8,919$5,932
26 years$26,978$20,317$15,085$11,065$8,034$5,236
27 years$25,701$19,121$14,008$10,128$7,243$4,626
28 years$24,517$18,017$13,022$9,279$6,536$4,089
29 years$23,416$16,997$12,118$8,509$5,902$3,616
30 years$22,391$16,052$11,288$7,809$5,332$3,200
31 years$21,434$15,175$10,523$7,172$4,821$2,832
32 years$20,539$14,358$9,818$6,592$4,361$2,508
33 years$19,699$13,597$9,167$6,061$3,947$2,222
34 years$18,911$12,887$8,565$5,577$3,573$1,969
35 years$18,169$12,223$8,008$5,134$3,236$1,745
36 years$17,471$11,602$7,491$4,728$2,932$1,547
37 years$16,811$11,019$7,012$4,357$2,658$1,372
38 years$16,188$10,472$6,566$4,016$2,409$1,216
39 years$15,598$9,958$6,152$3,702$2,185$1,079
40 years$15,039$9,474$5,766$3,415$1,982$957
41 years$14,508$9,018$5,407$3,151$1,798$849
42 years$14,005$8,589$5,072$2,908$1,632$753
43 years$13,526$8,183$4,759$2,684$1,481$669
44 years$13,070$7,801$4,467$2,478$1,344$593
45 years$12,635$7,439$4,195$2,289$1,220$527
46 years$12,221$7,096$3,940$2,114$1,108$468
47 years$11,825$6,772$3,701$1,953$1,006$415
48 years$11,447$6,465$3,478$1,805$914$368
49 years$11,086$6,173$3,269$1,668$830$327
50 years$10,740$5,897$3,074$1,542$754$290

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,000,000, adding $3,190 every year, while hoping to spend $50,358 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: 33/45/22 Blend
50$11,000,000$11,000,000$11,000,000$11,000,000
51$12,125,290$11,542,290$11,371,790$12,443,418
52$13,308,490$12,054,282$11,699,165$13,193,408
53$14,610,687$12,589,674$12,035,819$13,996,348
54$16,043,968$13,149,558$12,382,009$14,860,692
55$17,621,648$13,735,082$12,738,002$15,791,883
56$19,358,398$14,347,443$13,104,067$16,795,884
57$21,270,387$14,987,900$13,480,485$17,879,232
58$23,375,427$15,657,768$13,867,543$19,049,092
59$25,693,149$16,358,427$14,265,533$20,313,320
60$28,245,181$17,091,321$14,674,760$21,680,532
61$31,055,358$17,857,963$15,095,532$23,160,182
62$34,149,941$18,659,940$15,528,169$24,762,641
63$37,557,870$19,498,912$15,972,998$26,499,291
64$41,311,034$20,376,620$16,430,355$28,382,628
65$45,444,572$21,294,887$16,900,584$30,426,368
66$49,997,205$22,255,623$17,384,040$32,645,577
67$55,011,601$23,260,830$17,881,086$35,056,798
68$60,534,777$24,312,604$18,392,096$37,678,204
69$66,618,546$25,413,143$18,917,453$40,529,762
70$73,319,999$26,564,749$19,457,549$43,633,410
71$80,702,052$27,769,834$20,012,789$47,013,259
72$88,834,030$29,030,925$20,583,587$50,695,807
73$97,792,333$30,350,672$21,170,369$54,710,184
74$107,661,145$31,731,849$21,773,570$59,088,415
75$118,533,237$33,177,364$22,393,640$63,865,711
76$130,510,837$34,690,266$23,031,037$69,080,793
77$143,706,600$36,273,746$23,686,235$74,776,242
78$158,244,666$37,931,153$24,359,717$80,998,895
79$174,261,835$39,665,992$25,051,980$87,800,268
80$191,908,856$41,481,939$25,763,534$95,237,033
81$211,351,850$43,382,845$26,494,904$103,371,540
82$232,773,881$45,372,747$27,246,626$112,272,390
83$256,376,680$47,455,874$28,019,251$122,015,066
84$282,382,550$49,636,661$28,813,344$132,682,632
85$311,036,465$51,919,752$29,629,486$144,366,502
86$342,608,383$54,310,019$30,468,273$157,167,282
87$377,395,792$56,812,563$31,330,313$171,195,705
88$415,726,519$59,432,735$32,216,235$186,573,657
89$457,961,825$62,176,141$33,126,681$203,435,306
90$504,499,816$65,048,656$34,062,309$221,928,351
91$555,779,197$68,056,440$35,023,796$242,215,395
92$612,283,417$71,205,948$36,011,835$264,475,452
93$674,545,233$74,503,946$37,027,138$288,905,622
94$743,151,734$77,957,526$38,070,435$315,722,918
95$818,749,889$81,574,123$39,142,473$345,166,299
96$902,052,651$85,361,529$40,244,019$377,498,889
97$993,845,688$89,327,911$41,375,861$413,010,439
98$1,094,994,801$93,481,832$42,538,805$452,020,032
99$1,206,454,095$97,832,265$43,733,678$494,879,063
100$1,329,274,985$102,388,619$44,961,330$541,974,523