Can I retire at age 51 with 9,000,000?

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 $9,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$743,212$736,591$730,133$723,828$717,673$703,470
2 years$367,927$361,074$354,433$347,994$341,749$327,500
3 years$242,848$235,966$229,342$222,963$216,820$202,969
4 years$180,321$173,460$166,902$160,633$154,638$141,291
5 years$142,814$135,995$129,523$123,381$117,553$104,750
6 years$117,818$111,050$104,674$98,669$93,016$80,769
7 years$99,971$93,260$86,984$81,121$75,647$63,959
8 years$86,591$79,941$73,770$68,051$62,756$51,625
9 years$76,191$69,603$63,538$57,964$52,850$42,268
10 years$67,875$61,351$55,394$49,966$45,031$34,987
11 years$61,076$54,618$48,768$43,485$38,728$29,211
12 years$55,414$49,022$43,280$38,142$33,561$24,557
13 years$50,626$44,301$38,668$33,674$29,266$20,760
14 years$46,527$40,269$34,743$29,892$25,654$17,630
15 years$42,977$36,786$31,369$26,658$22,588$15,029
16 years$39,873$33,751$28,440$23,870$19,963$12,853
17 years$37,138$31,083$25,879$21,447$17,701$11,020
18 years$34,710$28,722$23,625$19,328$15,739$9,470
19 years$32,539$26,619$21,627$17,464$14,028$8,154
20 years$30,588$24,736$19,848$15,817$12,530$7,032
21 years$28,825$23,041$18,257$14,355$11,213$6,072
22 years$27,225$21,508$16,826$13,052$10,051$5,250
23 years$25,766$20,116$15,536$11,887$9,022$4,544
24 years$24,430$18,847$14,368$10,841$8,110$3,936
25 years$23,203$17,687$13,308$9,901$7,297$3,412
26 years$22,073$16,623$12,342$9,053$6,573$2,959
27 years$21,028$15,644$11,461$8,286$5,926$2,568
28 years$20,059$14,741$10,654$7,592$5,347$2,230
29 years$19,159$13,907$9,915$6,962$4,829$1,937
30 years$18,320$13,133$9,235$6,390$4,363$1,684
31 years$17,537$12,416$8,610$5,868$3,944$1,463
32 years$16,804$11,748$8,033$5,393$3,568$1,272
33 years$16,118$11,125$7,501$4,959$3,229$1,107
34 years$15,473$10,544$7,008$4,563$2,924$963
35 years$14,866$10,001$6,552$4,201$2,648$838
36 years$14,294$9,492$6,129$3,869$2,399$729
37 years$13,754$9,016$5,737$3,564$2,175$634
38 years$13,244$8,568$5,372$3,285$1,971$552
39 years$12,762$8,147$5,033$3,029$1,788$481
40 years$12,304$7,752$4,718$2,794$1,622$418
41 years$11,870$7,379$4,424$2,578$1,471$364
42 years$11,458$7,027$4,150$2,379$1,335$317
43 years$11,066$6,696$3,894$2,196$1,211$276
44 years$10,693$6,382$3,655$2,028$1,100$240
45 years$10,338$6,086$3,432$1,873$998$209
46 years$9,999$5,806$3,223$1,730$906$182
47 years$9,675$5,541$3,028$1,598$823$159
48 years$9,366$5,289$2,846$1,477$747$138
49 years$9,070$5,051$2,675$1,365$679$120
50 years$8,787$4,825$2,515$1,262$617$105

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $9,000,000, adding $4,815 every year, while hoping to spend $22,469 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: 22/48/30 Blend
50$9,000,000$9,000,000$9,000,000$9,000,000
51$9,922,967$9,445,967$9,306,467$10,047,149
52$10,911,202$9,884,912$9,594,326$10,598,623
53$11,999,485$10,344,613$9,891,076$11,185,984
54$13,197,996$10,826,062$10,196,991$11,813,863
55$14,517,954$11,330,301$10,512,352$12,485,590
56$15,971,720$11,858,422$10,837,451$13,204,804
57$17,572,919$12,411,567$11,172,589$13,975,476
58$19,336,560$12,990,938$11,518,074$14,801,945
59$21,279,186$13,597,790$11,874,227$15,688,953
60$23,419,024$14,233,443$12,241,374$16,641,685
61$25,776,160$14,899,278$12,619,856$17,665,813
62$28,372,729$15,596,742$13,010,021$18,767,539
63$31,233,120$16,327,356$13,412,230$19,953,653
64$34,384,213$17,092,711$13,826,854$21,231,589
65$37,855,624$17,894,475$14,254,275$22,609,485
66$41,679,992$18,734,399$14,694,888$24,096,259
67$45,893,283$19,614,316$15,149,099$25,701,678
68$50,535,131$20,536,150$15,617,326$27,436,451
69$55,649,210$21,501,918$16,100,002$29,312,314
70$61,283,649$22,513,732$16,597,573$31,342,140
71$67,491,486$23,573,808$17,110,495$33,540,043
72$74,331,163$24,684,471$17,639,243$35,921,510
73$81,867,088$25,848,157$18,184,304$38,503,532
74$90,170,233$27,067,418$18,746,180$41,304,760
75$99,318,809$28,344,933$19,325,389$44,345,662
76$109,399,002$29,683,510$19,922,464$47,648,714
77$120,505,790$31,086,092$20,537,957$51,238,594
78$132,743,835$32,555,765$21,172,433$55,142,406
79$146,228,474$34,095,765$21,826,477$59,389,924
80$161,086,807$35,709,486$22,500,692$64,013,856
81$177,458,895$37,400,484$23,195,699$69,050,144
82$195,499,084$39,172,490$23,912,137$74,538,284
83$215,377,464$41,029,415$24,650,667$80,521,685
84$237,281,468$42,975,360$25,411,967$87,048,065
85$261,417,650$45,014,624$26,196,740$94,169,884
86$288,013,626$47,151,717$27,005,706$101,944,819
87$317,320,230$49,391,365$27,839,612$110,436,293
88$349,613,878$51,738,527$28,699,223$119,714,055
89$385,199,178$54,198,399$29,585,332$129,854,817
90$424,411,807$56,776,433$30,498,753$140,942,957
91$467,621,676$59,478,343$31,440,326$153,071,296
92$515,236,427$62,310,122$32,410,918$166,341,947
93$567,705,280$65,278,055$33,411,420$180,867,261
94$625,523,270$68,388,731$34,442,754$196,770,857
95$689,235,924$71,649,060$35,505,867$214,188,767
96$759,444,412$75,066,287$36,601,737$233,270,690
97$836,811,217$78,648,011$37,731,371$254,181,376
98$922,066,396$82,402,198$38,895,807$277,102,153
99$1,016,014,467$86,337,204$40,096,115$302,232,609
100$1,119,542,006$90,461,791$41,333,398$329,792,439