Can I retire at age 51 with 9,100,000?

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 $9,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$751,469$744,776$738,245$731,871$725,647$698,512
2 years$372,015$365,086$358,371$351,861$345,546$318,519
3 years$245,546$238,588$231,890$225,441$219,229$193,159
4 years$182,324$175,387$168,757$162,417$156,356$131,443
5 years$144,401$137,506$130,962$124,752$118,859$95,167
6 years$119,127$112,284$105,837$99,765$94,049$71,595
7 years$101,082$94,296$87,951$82,023$76,487$55,265
8 years$87,554$80,829$74,589$68,807$63,453$43,443
9 years$77,037$70,376$64,244$58,608$53,437$34,611
10 years$68,629$62,033$56,009$50,521$45,531$27,855
11 years$61,754$55,224$49,310$43,968$39,158$22,593
12 years$56,029$49,566$43,761$38,566$33,934$18,438
13 years$51,189$44,794$39,098$34,048$29,591$15,121
14 years$47,043$40,716$35,129$30,224$25,939$12,449
15 years$43,454$37,195$31,717$26,954$22,839$10,281
16 years$40,316$34,126$28,756$24,135$20,185$8,513
17 years$37,551$31,428$26,167$21,685$17,897$7,064
18 years$35,095$29,041$23,887$19,542$15,914$5,871
19 years$32,901$26,915$21,867$17,658$14,184$4,887
20 years$30,928$25,011$20,069$15,993$12,670$4,072
21 years$29,146$23,297$18,459$14,515$11,338$3,397
22 years$27,527$21,747$17,013$13,197$10,163$2,836
23 years$26,052$20,339$15,709$12,019$9,123$2,369
24 years$24,702$19,056$14,528$10,962$8,200$1,980
25 years$23,461$17,884$13,456$10,011$7,378$1,656
26 years$22,318$16,808$12,480$9,154$6,646$1,385
27 years$21,261$15,818$11,588$8,379$5,992$1,159
28 years$20,282$14,905$10,773$7,677$5,407$970
29 years$19,372$14,061$10,025$7,040$4,882$812
30 years$18,524$13,279$9,338$6,461$4,411$680
31 years$17,732$12,553$8,706$5,933$3,988$570
32 years$16,991$11,878$8,122$5,453$3,608$477
33 years$16,297$11,249$7,584$5,015$3,265$400
34 years$15,645$10,661$7,086$4,614$2,956$335
35 years$15,031$10,112$6,625$4,247$2,677$281
36 years$14,453$9,598$6,197$3,912$2,426$235
37 years$13,907$9,116$5,801$3,604$2,199$197
38 years$13,392$8,663$5,432$3,322$1,993$165
39 years$12,904$8,238$5,089$3,063$1,808$138
40 years$12,441$7,838$4,770$2,825$1,640$116
41 years$12,002$7,461$4,473$2,607$1,487$97
42 years$11,586$7,105$4,196$2,406$1,350$81
43 years$11,189$6,770$3,937$2,221$1,225$68
44 years$10,812$6,453$3,696$2,050$1,112$57
45 years$10,453$6,154$3,470$1,894$1,009$48
46 years$10,110$5,870$3,259$1,749$916$40
47 years$9,783$5,602$3,062$1,616$832$34
48 years$9,470$5,348$2,877$1,493$756$28
49 years$9,171$5,107$2,705$1,380$686$24
50 years$8,885$4,878$2,543$1,276$623$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $9,100,000, adding $5,366 every year, while hoping to spend $40,909 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: 33/50/17 Blend
50$9,100,000$9,100,000$9,100,000$9,100,000
51$10,033,735$9,551,435$9,410,385$10,311,600
52$11,013,649$9,975,928$9,682,106$10,941,475
53$12,092,143$10,419,851$9,961,559$11,615,704
54$13,279,230$10,884,111$10,248,959$12,341,489
55$14,585,940$11,369,662$10,544,528$13,123,382
56$16,024,430$11,877,499$10,848,493$13,966,365
57$17,608,094$12,408,669$11,161,090$14,875,900
58$19,351,690$12,964,264$11,482,557$15,857,968
59$21,271,482$13,545,433$11,813,142$16,919,130
60$23,385,389$14,153,375$12,153,098$18,066,576
61$25,713,158$14,789,349$12,502,686$19,308,194
62$28,276,546$15,454,673$12,862,172$20,652,634
63$31,099,530$16,150,728$13,231,831$22,109,388
64$34,208,530$16,878,962$13,611,945$23,688,873
65$37,632,658$17,640,890$14,002,804$25,402,521
66$41,403,996$18,438,100$14,404,704$27,262,886
67$45,557,893$19,272,257$14,817,952$29,283,748
68$50,133,305$20,145,104$15,242,860$31,480,244
69$55,173,157$21,058,469$15,679,751$33,869,000
70$60,724,751$22,014,265$16,128,954$36,468,279
71$66,840,211$23,014,500$16,590,810$39,298,149
72$73,576,977$24,061,274$17,065,666$42,380,662
73$80,998,343$25,156,791$17,553,880$45,740,054
74$89,174,058$26,303,359$18,055,820$49,402,966
75$98,180,984$27,503,395$18,571,862$53,398,683
76$108,103,819$28,759,436$19,102,393$57,759,405
77$119,035,896$30,074,136$19,647,811$62,520,535
78$131,080,068$31,450,279$20,208,523$67,721,011
79$144,349,675$32,890,783$20,784,948$73,403,651
80$158,969,613$34,398,703$21,377,516$79,615,556
81$175,077,519$35,977,244$21,986,668$86,408,535
82$192,825,060$37,629,763$22,612,855$93,839,585
83$212,379,374$39,359,779$23,256,544$101,971,415
84$233,924,641$41,170,980$23,918,210$110,873,022
85$257,663,828$43,067,231$24,598,342$120,620,331
86$283,820,595$45,052,582$25,297,444$131,296,890
87$312,641,417$47,131,281$26,016,030$142,994,650
88$344,397,904$49,307,775$26,754,629$155,814,813
89$379,389,364$51,586,730$27,513,783$169,868,767
90$417,945,634$53,973,035$28,294,050$185,279,121
91$460,430,188$56,471,813$29,096,000$202,180,846
92$507,243,571$59,088,435$29,920,219$220,722,524
93$558,827,178$61,828,531$30,767,309$241,067,731
94$615,667,423$64,698,002$31,637,887$263,396,561
95$678,300,329$67,703,033$32,532,585$287,907,298
96$747,316,588$70,850,108$33,452,052$314,818,269
97$823,367,139$74,146,022$34,396,955$344,369,877
98$907,169,311$77,597,900$35,367,976$376,826,842
99$999,513,594$81,213,211$36,365,817$412,480,675
100$1,101,271,103$84,999,781$37,391,194$451,652,397