Can I retire at age 51 with 11,200,000?

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 $11,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$924,886$916,647$908,609$900,764$893,104$862,102
2 years$457,864$449,337$441,073$433,060$425,287$394,374
3 years$302,211$293,647$285,403$277,466$269,820$239,966
4 years$224,399$215,861$207,700$199,898$192,438$163,872
5 years$177,725$169,238$161,184$153,541$146,288$119,086
6 years$146,618$138,195$130,261$122,788$115,753$89,935
7 years$124,408$116,056$108,247$100,951$94,138$69,700
8 years$107,758$99,482$91,802$84,685$78,097$55,018
9 years$94,815$86,617$79,069$72,133$65,769$44,021
10 years$84,467$76,348$68,934$62,179$56,038$35,585
11 years$76,005$67,969$60,689$54,115$48,195$28,995
12 years$68,959$61,005$53,860$47,466$41,764$23,774
13 years$63,002$55,131$48,120$41,905$36,419$19,590
14 years$57,900$50,112$43,236$37,199$31,925$16,207
15 years$53,482$45,778$39,036$33,175$28,109$13,452
16 years$49,620$42,001$35,392$29,704$24,843$11,195
17 years$46,216$38,681$32,205$26,689$22,028$9,337
18 years$43,194$35,743$29,399$24,052$19,586$7,802
19 years$40,493$33,126$26,914$21,733$17,457$6,528
20 years$38,065$30,783$24,700$19,684$15,593$5,469
21 years$35,871$28,673$22,719$17,864$13,954$4,587
22 years$33,880$26,765$20,939$16,243$12,508$3,850
23 years$32,064$25,033$19,334$14,793$11,228$3,234
24 years$30,402$23,454$17,881$13,492$10,092$2,719
25 years$28,875$22,010$16,561$12,321$9,081$2,286
26 years$27,468$20,686$15,359$11,266$8,180$1,923
27 years$26,168$19,468$14,263$10,312$7,375$1,619
28 years$24,962$18,345$13,259$9,448$6,655$1,363
29 years$23,842$17,306$12,339$8,664$6,009$1,147
30 years$22,798$16,344$11,493$7,951$5,429$966
31 years$21,824$15,450$10,715$7,303$4,909$814
32 years$20,912$14,619$9,997$6,711$4,440$686
33 years$20,058$13,845$9,334$6,172$4,018$578
34 years$19,255$13,122$8,721$5,679$3,638$487
35 years$18,500$12,446$8,154$5,227$3,295$410
36 years$17,788$11,813$7,628$4,814$2,986$346
37 years$17,117$11,219$7,139$4,436$2,706$292
38 years$16,482$10,662$6,686$4,089$2,453$246
39 years$15,881$10,139$6,264$3,770$2,225$207
40 years$15,312$9,646$5,871$3,477$2,018$175
41 years$14,772$9,182$5,505$3,208$1,831$147
42 years$14,259$8,745$5,164$2,961$1,661$124
43 years$13,771$8,332$4,846$2,733$1,508$105
44 years$13,307$7,942$4,549$2,524$1,368$88
45 years$12,865$7,574$4,271$2,331$1,242$74
46 years$12,443$7,225$4,011$2,153$1,128$63
47 years$12,040$6,895$3,769$1,989$1,024$53
48 years$11,655$6,582$3,541$1,838$930$45
49 years$11,287$6,286$3,329$1,698$845$38
50 years$10,935$6,004$3,130$1,570$767$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,200,000, adding $4,959 every year, while hoping to spend $24,576 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: 43/46/11 Blend
50$11,200,000$11,200,000$11,200,000$11,200,000
51$12,347,515$11,753,915$11,580,315$12,838,877
52$13,580,813$12,303,708$11,942,107$13,731,907
53$14,939,084$12,879,618$12,315,195$14,695,908
54$16,435,048$13,482,897$12,699,932$15,739,691
55$18,082,725$14,114,861$13,096,682$16,870,572
56$19,897,560$14,776,886$13,505,818$18,096,580
57$21,896,577$15,470,419$13,927,728$19,426,522
58$24,098,531$16,196,973$14,362,810$20,870,061
59$26,524,092$16,958,136$14,811,476$22,437,805
60$29,196,037$17,755,572$15,274,148$24,141,398
61$32,139,465$18,591,027$15,751,264$25,993,626
62$35,382,034$19,466,331$16,243,275$28,008,529
63$38,954,221$20,383,401$16,750,644$30,201,528
64$42,889,613$21,344,249$17,273,852$32,589,563
65$47,225,220$22,350,984$17,813,393$35,191,245
66$52,001,826$23,405,816$18,369,775$38,027,025
67$57,264,375$24,511,063$18,943,525$41,119,378
68$63,062,392$25,669,155$19,535,184$44,493,007
69$69,450,453$26,882,642$20,145,310$48,175,066
70$76,488,702$28,154,193$20,774,480$52,195,410
71$84,243,412$29,486,611$21,423,288$56,586,863
72$92,787,618$30,882,833$22,092,346$61,385,519
73$102,201,801$32,345,938$22,782,285$66,631,074
74$112,574,651$33,879,156$23,493,758$72,367,186
75$124,003,902$35,485,871$24,227,436$78,641,877
76$136,597,256$37,169,635$24,984,011$85,507,976
77$150,473,398$38,934,169$25,764,197$93,023,600
78$165,763,118$40,783,376$26,568,731$101,252,692
79$182,610,545$42,721,350$27,398,372$110,265,611
80$201,174,506$44,752,382$28,253,904$120,139,778
81$221,630,028$46,880,972$29,136,132$130,960,395
82$244,169,989$49,111,837$30,045,890$142,821,231
83$269,006,938$51,449,927$30,984,037$155,825,488
84$296,375,100$53,900,428$31,951,458$170,086,763
85$326,532,594$56,468,782$32,949,065$185,730,095
86$359,763,859$59,160,693$33,977,799$202,893,130
87$396,382,349$61,982,144$35,038,632$221,727,397
88$436,733,486$64,939,407$36,132,564$242,399,719
89$481,197,924$68,039,060$37,260,627$265,093,764
90$530,195,139$71,288,001$38,423,885$290,011,755
91$584,187,394$74,693,463$39,623,435$317,376,355
92$643,684,098$78,263,032$40,860,410$347,432,742
93$709,246,617$82,004,662$42,135,975$380,450,896
94$781,493,576$85,926,695$43,451,334$416,728,120
95$861,106,694$90,037,877$44,807,728$456,591,816
96$948,837,225$94,347,381$46,206,435$500,402,545
97$1,045,513,046$98,864,826$47,648,774$548,557,396
98$1,152,046,476$103,600,301$49,136,106$601,493,703
99$1,269,442,884$108,564,384$50,669,834$659,693,136
100$1,398,810,188$113,768,168$52,251,403$723,686,209