Can I retire at age 51 with 11,300,000?

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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$933,143$924,831$916,722$908,807$901,078$873,633
2 years$461,952$453,349$445,011$436,926$429,085$401,671
3 years$304,909$296,268$287,951$279,943$272,229$245,705
4 years$226,403$217,789$209,555$201,683$194,156$168,725
5 years$179,311$170,749$162,623$154,912$147,594$123,325
6 years$147,927$139,429$131,424$123,884$116,786$93,700
7 years$125,519$117,093$109,214$101,852$94,979$73,075
8 years$108,720$100,370$92,622$85,441$78,794$58,058
9 years$95,662$87,390$79,775$72,777$66,356$46,766
10 years$85,221$77,030$69,550$62,734$56,538$38,067
11 years$76,684$68,575$61,231$54,598$48,625$31,239
12 years$69,575$61,550$54,341$47,890$42,137$25,801
13 years$63,564$55,623$48,550$42,279$36,745$21,420
14 years$58,417$50,560$43,622$37,531$32,210$17,857
15 years$53,959$46,187$39,385$33,471$28,360$14,938
16 years$50,063$42,376$35,708$29,970$25,065$12,531
17 years$46,629$39,027$32,493$26,927$22,224$10,536
18 years$43,580$36,062$29,662$24,267$19,761$8,876
19 years$40,855$33,422$27,154$21,927$17,613$7,489
20 years$38,405$31,057$24,921$19,859$15,732$6,327
21 years$36,192$28,929$22,922$18,024$14,079$5,352
22 years$34,182$27,004$21,126$16,388$12,620$4,531
23 years$32,350$25,256$19,506$14,925$11,328$3,839
24 years$30,673$23,664$18,040$13,612$10,182$3,255
25 years$29,133$22,207$16,709$12,431$9,162$2,762
26 years$27,714$20,871$15,497$11,367$8,253$2,344
27 years$26,402$19,642$14,390$10,404$7,441$1,991
28 years$25,185$18,509$13,377$9,532$6,714$1,691
29 years$24,055$17,461$12,449$8,741$6,063$1,437
30 years$23,002$16,490$11,596$8,022$5,478$1,221
31 years$22,019$15,588$10,810$7,368$4,953$1,038
32 years$21,099$14,750$10,086$6,771$4,480$882
33 years$20,237$13,968$9,417$6,227$4,054$750
34 years$19,427$13,239$8,799$5,729$3,671$638
35 years$18,665$12,557$8,227$5,274$3,325$543
36 years$17,947$11,918$7,696$4,857$3,012$462
37 years$17,269$11,320$7,203$4,475$2,730$393
38 years$16,629$10,758$6,745$4,125$2,475$334
39 years$16,023$10,229$6,320$3,803$2,245$284
40 years$15,449$9,732$5,923$3,508$2,036$242
41 years$14,904$9,264$5,554$3,237$1,847$206
42 years$14,387$8,823$5,210$2,987$1,676$175
43 years$13,894$8,407$4,889$2,757$1,521$149
44 years$13,426$8,013$4,589$2,546$1,381$127
45 years$12,980$7,641$4,309$2,351$1,253$108
46 years$12,554$7,290$4,047$2,172$1,138$92
47 years$12,148$6,956$3,802$2,007$1,033$78
48 years$11,759$6,641$3,573$1,854$938$66
49 years$11,388$6,342$3,358$1,714$852$57
50 years$11,033$6,058$3,157$1,584$774$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,300,000, adding $3,134 every year, while hoping to spend $36,355 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: 53/39/8 Blend
50$11,300,000$11,300,000$11,300,000$11,300,000
51$12,455,833$11,856,933$11,681,783$13,091,348
52$13,687,646$12,399,241$12,034,441$14,065,002
53$15,043,886$12,966,904$12,397,695$15,119,490
54$16,537,206$13,561,125$12,771,861$16,265,812
55$18,181,548$14,183,167$13,157,265$17,512,653
56$19,992,275$14,834,352$13,554,243$18,869,556
57$21,986,317$15,516,066$13,963,140$20,347,005
58$24,182,329$16,229,760$14,384,313$21,956,517
59$26,600,866$16,976,958$14,818,127$23,710,753
60$29,264,580$17,759,255$15,264,960$25,623,626
61$32,198,431$18,578,322$15,725,200$27,710,431
62$35,429,925$19,435,913$16,199,248$29,987,983
63$38,989,369$20,333,865$16,687,514$32,474,769
64$42,910,163$21,274,102$17,190,424$35,191,119
65$47,229,109$22,258,643$17,708,413$38,159,390
66$51,986,765$23,289,603$18,241,932$41,404,172
67$57,227,821$24,369,200$18,791,442$44,952,513
68$63,001,524$25,499,756$19,357,421$48,834,166
69$69,362,143$26,683,708$19,940,358$53,081,865
70$76,369,482$27,923,609$20,540,760$57,731,625
71$84,089,439$29,222,136$21,159,146$62,823,073
72$92,594,635$30,582,095$21,796,051$68,399,817
73$101,965,096$32,006,426$22,452,027$74,509,844
74$112,289,007$33,498,211$23,127,641$81,205,969
75$123,663,546$35,060,684$23,823,477$88,546,320
76$136,195,802$36,697,231$24,540,137$96,594,879
77$150,003,783$38,411,405$25,278,241$105,422,075
78$165,217,532$40,206,927$26,038,425$115,105,436
79$181,980,354$42,087,700$26,821,346$125,730,312
80$200,450,169$44,057,817$27,627,680$137,390,668
81$220,801,002$46,121,565$28,458,123$150,189,956
82$243,224,624$48,283,442$29,313,390$164,242,083
83$267,932,366$50,548,161$30,194,220$179,672,468
84$295,157,111$52,920,665$31,101,370$196,619,212
85$325,155,493$55,406,134$32,035,622$215,234,391
86$358,210,320$58,010,001$32,997,782$235,685,469
87$394,633,241$60,737,959$33,988,676$258,156,868
88$434,767,692$63,595,979$35,009,157$282,851,687
89$478,992,135$66,590,322$36,060,103$309,993,605
90$527,723,634$69,727,548$37,142,417$339,828,972
91$581,421,785$73,014,539$38,257,029$372,629,112
92$640,593,064$76,458,508$39,404,896$408,692,866
93$705,795,600$80,067,018$40,587,004$448,349,394
94$777,644,450$83,848,001$41,804,367$491,961,252
95$856,817,400$87,809,768$43,058,029$539,927,796
96$944,061,366$91,961,039$44,349,064$592,688,927
97$1,040,199,448$96,310,953$45,678,581$650,729,215
98$1,146,138,695$100,869,092$47,047,716$714,582,445
99$1,262,878,670$105,645,506$48,457,643$784,836,631
100$1,391,520,889$110,650,730$49,909,568$862,139,535