Can I retire at age 51 with 11,500,000?

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 $11,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$949,659$941,200$932,947$924,892$917,026$882,385
2 years$470,128$461,373$452,887$444,660$436,679$402,181
3 years$310,306$301,512$293,048$284,898$277,047$243,777
4 years$230,410$221,643$213,264$205,253$197,592$165,804
5 years$182,485$173,771$165,501$157,654$150,207$119,982
6 years$150,546$141,897$133,750$126,077$118,853$90,214
7 years$127,741$119,165$111,147$103,655$96,660$69,597
8 years$110,645$102,146$94,261$86,953$80,188$54,677
9 years$97,355$88,937$81,187$74,065$67,530$43,534
10 years$86,729$78,393$70,781$63,845$57,539$35,014
11 years$78,041$69,789$62,314$55,564$49,486$28,381
12 years$70,806$62,639$55,302$48,737$42,883$23,147
13 years$64,689$56,607$49,409$43,028$37,395$18,969
14 years$59,451$51,454$44,394$38,195$32,780$15,606
15 years$54,914$47,005$40,082$34,063$28,862$12,880
16 years$50,949$43,126$36,340$30,500$25,509$10,657
17 years$47,454$39,717$33,068$27,404$22,618$8,836
18 years$44,351$36,701$30,187$24,697$20,111$7,339
19 years$41,578$34,014$27,635$22,315$17,925$6,104
20 years$39,085$31,607$25,362$20,211$16,011$5,083
21 years$36,832$29,441$23,328$18,343$14,328$4,236
22 years$34,787$27,482$21,500$16,678$12,843$3,534
23 years$32,923$25,703$19,852$15,189$11,529$2,950
24 years$31,216$24,082$18,359$13,853$10,362$2,464
25 years$29,649$22,600$17,005$12,651$9,324$2,058
26 years$28,204$21,240$15,771$11,568$8,399$1,721
27 years$26,869$19,990$14,645$10,588$7,572$1,439
28 years$25,631$18,836$13,614$9,701$6,833$1,203
29 years$24,481$17,770$12,669$8,896$6,170$1,007
30 years$23,409$16,782$11,801$8,164$5,575$842
31 years$22,408$15,864$11,002$7,498$5,040$705
32 years$21,472$15,011$10,265$6,891$4,559$590
33 years$20,595$14,215$9,584$6,337$4,126$494
34 years$19,771$13,473$8,955$5,831$3,736$413
35 years$18,995$12,779$8,372$5,367$3,384$346
36 years$18,265$12,129$7,832$4,943$3,066$290
37 years$17,575$11,520$7,331$4,555$2,779$243
38 years$16,923$10,948$6,865$4,198$2,519$203
39 years$16,307$10,410$6,432$3,871$2,284$170
40 years$15,722$9,905$6,028$3,570$2,072$142
41 years$15,168$9,428$5,653$3,294$1,880$119
42 years$14,641$8,979$5,302$3,040$1,706$100
43 years$14,140$8,555$4,976$2,806$1,548$84
44 years$13,664$8,155$4,670$2,591$1,405$70
45 years$13,209$7,777$4,385$2,393$1,276$59
46 years$12,776$7,419$4,119$2,210$1,158$49
47 years$12,363$7,080$3,870$2,042$1,052$41
48 years$11,967$6,758$3,636$1,887$955$34
49 years$11,590$6,454$3,418$1,744$867$29
50 years$11,228$6,165$3,213$1,612$788$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,500,000, adding $6,124 every year, while hoping to spend $57,567 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: 44/44/12 Blend
50$11,500,000$11,500,000$11,500,000$11,500,000
51$12,679,317$12,069,817$11,891,567$13,193,239
52$13,911,356$12,599,987$12,228,684$14,081,906
53$15,267,134$13,154,206$12,575,164$15,038,207
54$16,759,212$13,733,592$12,931,262$16,073,410
55$18,401,428$14,339,315$13,297,236$17,194,798
56$20,209,033$14,972,600$13,673,352$18,410,364
57$22,198,829$15,634,733$14,059,885$19,728,882
58$24,389,332$16,327,056$14,457,113$21,159,985
59$26,800,941$17,050,980$14,865,324$22,714,250
60$29,456,138$17,807,979$15,284,813$24,403,296
61$32,379,692$18,599,598$15,715,882$26,239,884
62$35,598,898$19,427,455$16,158,841$28,238,034
63$39,143,832$20,293,247$16,614,009$30,413,152
64$43,047,636$21,198,749$17,081,711$32,782,167
65$47,346,828$22,145,820$17,562,281$35,363,688
66$52,081,650$23,136,411$18,056,063$38,178,168
67$57,296,445$24,172,563$18,563,409$41,248,094
68$63,040,077$25,256,413$19,084,678$44,598,193
69$69,366,391$26,390,203$19,620,240$48,255,652
70$76,334,720$27,576,280$20,170,476$52,250,372
71$84,010,447$28,817,103$20,735,772$56,615,238
72$92,465,619$30,115,248$21,316,527$61,386,424
73$101,779,632$31,473,415$21,913,150$66,603,724
74$112,039,973$32,894,431$22,526,059$72,310,916
75$123,343,052$34,381,260$23,155,684$78,556,169
76$135,795,108$35,937,006$23,802,464$85,392,483
77$149,513,212$37,564,922$24,466,849$92,878,181
78$164,626,372$39,268,416$25,149,302$101,077,448
79$181,276,754$41,051,060$25,850,295$110,060,924
80$199,621,018$42,916,597$26,570,314$119,906,359
81$219,831,798$44,868,946$27,309,856$130,699,330
82$242,099,335$46,912,219$28,069,430$142,534,043
83$266,633,269$49,050,719$28,849,558$155,514,199
84$293,664,617$51,288,959$29,650,773$169,753,964
85$323,447,958$53,631,668$30,473,624$185,379,028
86$356,263,831$56,083,801$31,318,672$202,527,776
87$392,421,385$58,650,550$32,186,490$221,352,576
88$432,261,296$61,337,357$33,077,667$242,021,201
89$476,158,985$64,149,925$33,992,806$264,718,392
90$524,528,160$67,094,230$34,932,524$289,647,583
91$577,824,722$70,176,536$35,897,453$317,032,801
92$636,551,065$73,403,408$36,888,239$347,120,759
93$701,260,824$76,781,726$37,905,546$380,183,160
94$772,564,098$80,318,700$38,950,051$416,519,241
95$851,133,208$84,021,888$40,022,449$456,458,573
96$937,709,045$87,899,211$41,123,452$500,364,145
97$1,033,108,066$91,958,970$42,253,785$548,635,760
98$1,138,229,997$96,209,868$43,414,195$601,713,789
99$1,254,066,329$100,661,024$44,605,443$660,083,291
100$1,381,709,679$105,321,998$45,828,310$724,278,561