Can I retire at age 51 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$916,628$908,463$900,497$892,722$885,130$862,682
2 years$453,776$445,325$437,134$429,193$421,490$399,020
3 years$299,512$291,025$282,855$274,988$267,411$245,621
4 years$222,396$213,934$205,846$198,114$190,720$169,778
5 years$176,138$167,727$159,745$152,170$144,982$124,947
6 years$145,309$136,962$129,098$121,692$114,719$95,610
7 years$123,297$115,020$107,281$100,049$93,298$75,116
8 years$106,796$98,593$90,983$83,929$77,399$60,138
9 years$93,968$85,843$78,363$71,489$65,181$48,825
10 years$83,712$75,667$68,319$61,624$55,538$40,066
11 years$75,327$67,362$60,147$53,631$47,764$33,155
12 years$68,343$60,460$53,379$47,042$41,392$27,619
13 years$62,439$54,638$47,690$41,531$36,094$23,132
14 years$57,383$49,665$42,850$36,867$31,640$19,458
15 years$53,004$45,370$38,688$32,879$27,858$16,426
16 years$49,177$41,626$35,076$29,439$24,621$13,908
17 years$45,804$38,336$31,918$26,451$21,831$11,805
18 years$42,808$35,424$29,137$23,838$19,411$10,041
19 years$40,132$32,831$26,673$21,539$17,302$8,556
20 years$37,725$30,508$24,480$19,508$15,454$7,301
21 years$35,551$28,417$22,517$17,705$13,830$6,237
22 years$33,577$26,526$20,752$16,098$12,396$5,335
23 years$31,778$24,809$19,161$14,660$11,128$4,567
24 years$30,131$23,245$17,721$13,371$10,002$3,912
25 years$28,618$21,814$16,413$12,211$9,000$3,354
26 years$27,223$20,502$15,222$11,165$8,107$2,876
27 years$25,934$19,294$14,135$10,220$7,309$2,468
28 years$24,739$18,181$13,141$9,364$6,595$2,119
29 years$23,629$17,152$12,228$8,587$5,955$1,820
30 years$22,595$16,198$11,390$7,880$5,381$1,563
31 years$21,629$15,312$10,619$7,238$4,865$1,343
32 years$20,726$14,489$9,908$6,652$4,401$1,154
33 years$19,878$13,721$9,251$6,117$3,983$992
34 years$19,083$13,004$8,643$5,628$3,606$853
35 years$18,335$12,334$8,081$5,181$3,266$734
36 years$17,629$11,707$7,560$4,771$2,959$631
37 years$16,964$11,119$7,076$4,396$2,682$543
38 years$16,335$10,567$6,626$4,052$2,431$467
39 years$15,740$10,048$6,208$3,736$2,205$401
40 years$15,175$9,560$5,819$3,446$2,000$345
41 years$14,640$9,100$5,456$3,179$1,814$297
42 years$14,132$8,667$5,118$2,934$1,646$256
43 years$13,649$8,258$4,802$2,709$1,494$220
44 years$13,188$7,871$4,508$2,501$1,356$189
45 years$12,750$7,506$4,233$2,310$1,231$163
46 years$12,332$7,161$3,976$2,134$1,118$140
47 years$11,933$6,833$3,735$1,971$1,015$121
48 years$11,551$6,523$3,510$1,821$922$104
49 years$11,186$6,229$3,299$1,683$837$89
50 years$10,837$5,951$3,102$1,556$760$77

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,100,000, adding $6,426 every year, while hoping to spend $25,327 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: 55/30/15 Blend
50$11,100,000$11,100,000$11,100,000$11,100,000
51$12,238,828$11,650,528$11,478,478$12,863,324
52$13,460,241$12,194,457$11,836,060$13,832,776
53$14,805,389$12,764,188$12,204,771$14,884,589
54$16,286,867$13,360,961$12,584,959$16,029,322
55$17,918,552$13,986,073$12,976,980$17,275,850
56$19,715,737$14,640,884$13,381,201$18,633,928
57$21,695,274$15,326,819$13,798,004$20,114,277
58$23,875,733$16,045,374$14,227,778$21,728,684
59$26,277,576$16,798,116$14,670,927$23,490,105
60$28,923,353$17,586,687$15,127,866$25,412,791
61$31,837,910$18,412,811$15,599,026$27,512,409
62$35,048,631$19,278,292$16,084,847$29,806,193
63$38,585,687$20,185,024$16,585,785$32,313,098
64$42,482,330$21,134,993$17,102,311$35,053,973
65$46,775,198$22,130,278$17,634,909$38,051,756
66$51,504,668$23,173,062$18,184,079$41,331,683
67$56,715,234$24,265,631$18,750,335$44,921,522
68$62,455,926$25,410,386$19,334,209$48,851,827
69$68,780,774$26,609,838$19,936,249$53,156,222
70$75,749,319$27,866,626$20,557,019$57,871,712
71$83,427,172$29,183,513$21,197,102$63,039,025
72$91,886,636$30,563,397$21,857,096$68,702,987
73$101,207,386$32,009,317$22,537,623$74,912,943
74$111,477,225$33,524,459$23,239,319$81,723,211
75$122,792,908$35,112,164$23,962,842$89,193,589
76$135,261,058$36,775,934$24,708,871$97,389,908
77$148,999,173$38,519,441$25,478,105$106,384,647
78$164,136,733$40,346,538$26,271,265$116,257,608
79$180,816,422$42,261,261$27,089,095$127,096,660
80$199,195,478$44,267,844$27,932,361$138,998,553
81$219,447,176$46,370,727$28,801,854$152,069,831
82$241,762,459$48,574,564$29,698,388$166,427,816
83$266,351,750$50,884,237$30,622,804$182,201,709
84$293,446,928$53,304,864$31,575,967$199,533,801
85$323,303,524$55,841,812$32,558,771$218,580,794
86$356,203,130$58,500,708$33,572,137$239,515,276
87$392,456,060$61,287,453$34,617,014$262,527,332
88$432,404,276$64,208,236$35,694,382$287,826,325
89$476,424,616$67,269,544$36,805,248$315,642,856
90$524,932,358$70,478,182$37,950,654$346,230,926
91$578,385,130$73,841,285$39,131,673$379,870,317
92$637,287,240$77,366,335$40,349,411$416,869,214
93$702,194,430$81,061,177$41,605,008$457,567,100
94$773,719,127$84,934,039$42,899,640$502,337,938
95$852,536,219$88,993,549$44,234,520$551,593,682
96$939,389,434$93,248,753$45,610,897$605,788,146
97$1,035,098,354$97,709,139$47,030,059$665,421,263
98$1,140,566,156$102,384,658$48,493,337$731,043,789
99$1,256,788,140$107,285,741$50,002,099$803,262,468
100$1,384,861,119$112,423,331$51,557,758$882,745,742