Can I retire at age 51 with 11,600,000?

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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$957,917$949,385$941,060$932,934$925,000$910,801
2 years$474,216$465,385$456,825$448,526$440,476$426,206
3 years$313,004$304,134$295,596$287,375$279,456$265,558
4 years$232,413$223,571$215,118$207,038$199,311$185,891
5 years$184,072$175,282$166,941$159,025$151,513$138,611
6 years$151,855$143,131$134,913$127,173$119,887$107,519
7 years$128,851$120,201$112,113$104,556$97,500$85,669
8 years$111,607$103,035$95,081$87,710$80,886$69,590
9 years$98,201$89,710$81,893$74,709$68,118$57,351
10 years$87,483$79,075$71,396$64,400$58,040$47,794
11 years$78,720$70,396$62,856$56,047$49,916$40,180
12 years$71,422$63,184$55,783$49,161$43,256$34,019
13 years$65,252$57,100$49,839$43,402$37,720$28,968
14 years$59,968$51,902$44,780$38,527$33,065$24,785
15 years$55,392$47,413$40,431$34,360$29,113$21,289
16 years$51,392$43,501$36,656$30,765$25,730$18,346
17 years$47,867$40,063$33,356$27,642$22,814$15,855
18 years$44,737$37,020$30,449$24,911$20,285$13,734
19 years$41,939$34,309$27,875$22,509$18,081$11,921
20 years$39,425$31,882$25,582$20,387$16,150$10,366
21 years$37,153$29,697$23,531$18,502$14,453$9,026
22 years$35,090$27,721$21,687$16,823$12,955$7,870
23 years$33,209$25,927$20,024$15,321$11,629$6,870
24 years$31,488$24,292$18,519$13,973$10,452$6,002
25 years$29,907$22,797$17,152$12,761$9,405$5,248
26 years$28,449$21,425$15,908$11,668$8,472$4,593
27 years$27,102$20,164$14,772$10,680$7,638$4,021
28 years$25,854$19,000$13,732$9,785$6,892$3,523
29 years$24,694$17,924$12,779$8,973$6,223$3,088
30 years$23,613$16,928$11,903$8,235$5,623$2,708
31 years$22,603$16,002$11,097$7,564$5,084$2,376
32 years$21,659$15,141$10,354$6,951$4,599$2,085
33 years$20,774$14,339$9,667$6,392$4,162$1,830
34 years$19,943$13,590$9,033$5,881$3,768$1,606
35 years$19,160$12,890$8,445$5,414$3,413$1,411
36 years$18,423$12,235$7,900$4,986$3,092$1,239
37 years$17,728$11,620$7,394$4,594$2,803$1,088
38 years$17,071$11,043$6,924$4,235$2,541$956
39 years$16,449$10,501$6,487$3,904$2,304$840
40 years$15,859$9,991$6,081$3,601$2,090$738
41 years$15,300$9,510$5,702$3,323$1,896$649
42 years$14,768$9,057$5,348$3,066$1,720$570
43 years$14,263$8,630$5,019$2,831$1,561$501
44 years$13,782$8,226$4,711$2,614$1,417$441
45 years$13,324$7,844$4,423$2,414$1,287$387
46 years$12,887$7,483$4,155$2,230$1,168$341
47 years$12,470$7,141$3,903$2,060$1,061$300
48 years$12,072$6,817$3,668$1,903$963$263
49 years$11,690$6,510$3,448$1,759$875$232
50 years$11,326$6,219$3,241$1,626$795$204

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $11,600,000, adding $5,068 every year, while hoping to spend $53,975 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: 77/13/10 Blend
50$11,600,000$11,600,000$11,600,000$11,600,000
51$12,788,428$12,173,628$11,993,828$13,750,711
52$14,035,418$12,712,706$12,338,192$14,923,466
53$15,407,793$13,276,391$12,692,283$16,201,606
54$16,918,284$13,865,830$13,056,371$17,601,493
55$18,580,920$14,482,227$13,430,730$19,135,224
56$20,411,160$15,126,842$13,815,646$20,816,118
57$22,426,036$15,800,995$14,211,408$22,658,838
58$24,644,317$16,506,069$14,618,315$24,679,530
59$27,086,684$17,243,513$15,036,675$26,895,971
60$29,775,924$18,014,844$15,466,803$29,327,737
61$32,737,149$18,821,652$15,909,021$31,996,387
62$35,998,027$19,665,602$16,363,662$34,925,660
63$39,589,048$20,548,438$16,831,067$38,141,701
64$43,543,808$21,471,989$17,311,585$41,673,305
65$47,899,330$22,438,170$17,805,576$45,552,182
66$52,696,407$23,448,986$18,313,409$49,813,263
67$57,979,993$24,506,539$18,835,461$54,495,016
68$63,799,625$25,613,032$19,372,121$59,639,817
69$70,209,888$26,770,771$19,923,788$65,294,339
70$77,270,932$27,982,175$20,490,871$71,509,996
71$85,049,042$29,249,777$21,073,790$78,343,420
72$93,617,258$30,576,229$21,672,976$85,856,996
73$103,056,068$31,964,314$22,288,870$94,119,446
74$113,454,167$33,416,946$22,921,928$103,206,477
75$124,909,294$34,937,177$23,572,613$113,201,488
76$137,529,151$36,528,208$24,241,405$124,196,357
77$151,432,426$38,193,392$24,928,794$136,292,300
78$166,749,906$39,936,241$25,635,281$149,600,830
79$183,625,718$41,760,439$26,361,385$164,244,797
80$202,218,684$43,669,842$27,107,634$180,359,551
81$222,703,821$45,668,496$27,874,570$198,094,209
82$245,273,995$47,760,637$28,662,753$217,613,061
83$270,141,740$49,950,705$29,472,752$239,097,115
84$297,541,263$52,243,356$30,305,156$262,745,802
85$327,730,658$54,643,466$31,160,564$288,778,851
86$360,994,336$57,156,147$32,039,595$317,438,359
87$397,645,717$59,786,757$32,942,880$348,991,071
88$438,030,183$62,540,911$33,871,069$383,730,891
89$482,528,339$65,424,493$34,824,827$421,981,649
90$531,559,608$68,443,671$35,804,837$464,100,154
91$585,586,188$71,604,911$36,811,799$510,479,555
92$645,117,415$74,914,988$37,846,430$561,553,042
93$710,714,572$78,381,003$38,909,467$617,797,931
94$782,996,188$82,010,402$40,001,663$679,740,163
95$862,643,874$85,810,986$41,123,794$747,959,255
96$950,408,759$89,790,934$42,276,651$823,093,770
97$1,047,118,581$93,958,819$43,461,047$905,847,329
98$1,153,685,502$98,323,626$44,677,817$996,995,250
99$1,271,114,714$102,894,775$45,927,815$1,097,391,854
100$1,400,513,934$107,682,138$47,211,917$1,207,978,519