Can I retire at age 51 with 9,900,000?

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 $9,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$817,533$810,251$803,146$796,211$789,440$758,417
2 years$404,719$397,182$389,877$382,794$375,924$345,049
3 years$267,133$259,563$252,276$245,260$238,501$208,746
4 years$198,353$190,806$183,592$176,696$170,101$141,692
5 years$157,096$149,594$142,475$135,719$129,308$102,318
6 years$129,600$122,155$115,141$108,536$102,317$76,763
7 years$109,968$102,586$95,683$89,233$83,211$59,084
8 years$95,251$87,935$81,147$74,856$69,032$46,307
9 years$83,810$76,563$69,892$63,760$58,135$36,779
10 years$74,662$67,487$60,933$54,962$49,534$29,506
11 years$67,183$60,079$53,644$47,833$42,601$23,855
12 years$60,955$53,924$47,608$41,956$36,917$19,403
13 years$55,689$48,731$42,535$37,041$32,192$15,857
14 years$51,179$44,296$38,218$32,881$28,219$13,010
15 years$47,274$40,465$34,505$29,324$24,847$10,706
16 years$43,861$37,126$31,284$26,257$21,960$8,833
17 years$40,852$34,191$28,467$23,591$19,471$7,302
18 years$38,180$31,594$25,987$21,261$17,313$6,046
19 years$35,793$29,281$23,790$19,211$15,431$5,014
20 years$33,647$27,210$21,833$17,399$13,783$4,162
21 years$31,708$25,345$20,082$15,791$12,335$3,458
22 years$29,947$23,658$18,509$14,357$11,056$2,876
23 years$28,342$22,127$17,090$13,076$9,925$2,393
24 years$26,873$20,732$15,805$11,926$8,920$1,992
25 years$25,524$19,456$14,639$10,891$8,027$1,659
26 years$24,280$18,285$13,577$9,958$7,231$1,383
27 years$23,131$17,209$12,607$9,115$6,519$1,152
28 years$22,065$16,216$11,720$8,351$5,882$961
29 years$21,075$15,297$10,906$7,658$5,311$801
30 years$20,152$14,447$10,159$7,029$4,799$668
31 years$19,291$13,657$9,471$6,455$4,339$557
32 years$18,485$12,922$8,836$5,932$3,925$465
33 years$17,729$12,238$8,251$5,455$3,552$388
34 years$17,020$11,599$7,709$5,019$3,216$324
35 years$16,352$11,001$7,207$4,621$2,913$270
36 years$15,723$10,442$6,742$4,255$2,639$225
37 years$15,130$9,917$6,311$3,921$2,392$188
38 years$14,569$9,425$5,910$3,614$2,169$157
39 years$14,038$8,962$5,537$3,332$1,966$131
40 years$13,535$8,527$5,190$3,074$1,784$109
41 years$13,058$8,117$4,866$2,836$1,618$91
42 years$12,604$7,730$4,565$2,617$1,468$76
43 years$12,173$7,365$4,283$2,416$1,333$64
44 years$11,763$7,020$4,021$2,231$1,210$53
45 years$11,372$6,695$3,775$2,060$1,098$44
46 years$10,999$6,386$3,546$1,903$997$37
47 years$10,643$6,095$3,331$1,758$905$31
48 years$10,302$5,818$3,130$1,624$822$26
49 years$9,977$5,556$2,942$1,501$747$21
50 years$9,666$5,307$2,766$1,388$678$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $9,900,000, adding $6,673 every year, while hoping to spend $56,606 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: 50/24/26 Blend
50$9,900,000$9,900,000$9,900,000$9,900,000
51$10,916,683$10,391,983$10,238,533$11,382,082
52$11,969,957$10,840,962$10,521,296$12,156,249
53$13,128,767$11,310,044$10,811,634$12,991,001
54$14,403,818$11,800,153$11,109,741$13,897,189
55$15,806,907$12,312,260$11,415,816$14,881,608
56$17,351,028$12,847,377$11,730,063$15,951,730
57$19,050,502$13,406,568$12,052,689$17,115,768
58$20,921,106$13,990,943$12,383,907$18,382,754
59$22,980,227$14,601,667$12,723,936$19,762,618
60$25,247,022$15,239,960$13,072,999$21,266,284
61$27,742,598$15,907,098$13,431,325$22,905,764
62$30,490,214$16,604,417$13,799,146$24,694,274
63$33,515,501$17,333,318$14,176,702$26,646,353
64$36,846,698$18,095,267$14,564,237$28,777,996
65$40,514,924$18,891,799$14,962,002$31,106,804
66$44,554,471$19,724,521$15,370,254$33,652,145
67$49,003,122$20,595,118$15,789,253$36,435,332
68$53,902,515$21,505,353$16,219,267$39,479,823
69$59,298,530$22,457,074$16,660,571$42,811,438
70$65,241,724$23,452,214$17,113,444$46,458,595
71$71,787,808$24,492,801$17,578,172$50,452,580
72$78,998,173$25,580,957$18,055,050$54,827,831
73$86,940,467$26,718,904$18,544,374$59,622,264
74$95,689,237$27,908,972$19,046,453$64,877,621
75$105,326,627$29,153,600$19,561,597$70,639,863
76$115,943,160$30,455,343$20,090,127$76,959,597
77$127,638,585$31,816,878$20,632,369$83,892,548
78$140,522,824$33,241,008$21,188,657$91,500,077
79$154,717,006$34,730,672$21,759,331$99,849,759
80$170,354,612$36,288,946$22,344,740$109,016,009
81$187,582,732$37,919,054$22,945,239$119,080,783
82$206,563,457$39,624,374$23,561,191$130,134,339
83$227,475,406$41,408,444$24,192,966$142,276,089
84$250,515,411$43,274,972$24,840,944$155,615,521
85$275,900,378$45,227,841$25,505,512$170,273,234
86$303,869,333$47,271,121$26,187,062$186,382,061
87$334,685,675$49,409,076$26,885,999$204,088,318
88$368,639,666$51,646,173$27,602,733$223,553,174
89$406,051,171$53,987,094$28,337,683$244,954,166
90$447,272,672$56,436,744$29,091,277$268,486,862
91$492,692,601$59,000,260$29,863,951$294,366,699
92$542,739,003$61,683,030$30,656,150$322,831,008
93$597,883,579$64,490,696$31,468,329$354,141,236
94$658,646,135$67,429,171$32,300,949$388,585,412
95$725,599,493$70,504,653$33,154,482$426,480,847
96$799,374,893$73,723,633$34,029,410$468,177,120
97$880,667,959$77,092,918$34,926,222$514,059,363
98$970,245,257$80,619,637$35,845,417$564,551,885
99$1,068,951,539$84,311,264$36,787,503$620,122,163
100$1,177,717,711$88,175,631$37,753,000$681,285,238