Can I retire at age 50 with 12,500,000?

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 $12,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$983,904
2 years$511,009$501,492$492,268$483,326$474,651$461,710
3 years$337,289$327,731$318,530$309,671$301,138$288,521
4 years$250,446$240,917$231,808$223,101$214,774$202,579
5 years$198,353$188,882$179,893$171,363$163,268$151,530
6 years$163,636$154,236$145,380$137,040$129,188$117,921
7 years$138,848$129,527$120,812$112,668$105,065$94,273
8 years$120,266$111,029$102,458$94,515$87,161$76,844
9 years$105,820$96,670$88,247$80,506$73,402$63,554
10 years$94,271$85,210$76,936$69,397$62,543$53,157
11 years$84,827$75,858$67,733$60,396$53,789$44,857
12 years$76,963$68,086$60,111$52,975$46,612$38,125
13 years$70,314$61,530$53,705$46,769$40,647$32,592
14 years$64,620$55,929$48,255$41,516$35,631$27,997
15 years$59,690$51,092$43,567$37,025$31,372$24,147
16 years$55,380$46,876$39,500$33,152$27,727$20,897
17 years$51,581$43,171$35,944$29,787$24,584$18,136
18 years$48,208$39,892$32,812$26,844$21,859$15,778
19 years$45,193$36,971$30,038$24,256$19,484$13,755
20 years$42,484$34,356$27,567$21,968$17,403$12,014
21 years$40,035$32,001$25,356$19,938$15,574$10,509
22 years$37,812$29,872$23,370$18,128$13,960$9,205
23 years$35,786$27,938$21,578$16,509$12,531$8,072
24 years$33,931$26,176$19,956$15,058$11,263$7,085
25 years$32,227$24,565$18,483$13,752$10,135$6,225
26 years$30,657$23,087$17,142$12,574$9,129$5,473
27 years$29,205$21,728$15,918$11,509$8,231$4,816
28 years$27,860$20,474$14,798$10,545$7,427$4,240
29 years$26,609$19,315$13,771$9,670$6,706$3,734
30 years$25,445$18,241$12,827$8,874$6,060$3,291
31 years$24,357$17,244$11,958$8,150$5,478$2,901
32 years$23,340$16,316$11,157$7,490$4,956$2,558
33 years$22,386$15,452$10,418$6,888$4,485$2,257
34 years$21,490$14,645$9,734$6,338$4,061$1,991
35 years$20,647$13,890$9,100$5,834$3,678$1,758
36 years$19,853$13,184$8,513$5,373$3,332$1,552
37 years$19,103$12,522$7,968$4,951$3,020$1,370
38 years$18,395$11,900$7,462$4,563$2,738$1,210
39 years$17,725$11,316$6,991$4,207$2,483$1,068
40 years$17,089$10,766$6,552$3,881$2,252$944
41 years$16,487$10,248$6,144$3,580$2,043$834
42 years$15,914$9,760$5,763$3,304$1,854$737
43 years$15,370$9,299$5,408$3,050$1,683$651
44 years$14,852$8,864$5,077$2,816$1,527$575
45 years$14,358$8,453$4,767$2,601$1,387$508
46 years$13,887$8,064$4,477$2,403$1,259$449
47 years$13,438$7,695$4,206$2,220$1,143$397
48 years$13,008$7,346$3,953$2,051$1,038$351
49 years$12,597$7,015$3,715$1,896$943$310
50 years$12,204$6,701$3,493$1,752$856$274

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $12,500,000, adding $3,714 every year, while hoping to spend $41,006 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: 35/47/18 Blend
49$12,500,000$12,500,000$12,500,000$12,500,000
50$13,778,831$13,116,331$12,922,581$14,184,979
51$15,140,642$13,715,401$13,311,857$15,081,080
52$16,639,983$14,342,451$13,712,800$16,043,207
53$18,290,839$14,998,809$14,125,757$17,080,460
54$20,108,620$15,685,867$14,551,085$18,199,537
55$22,110,307$16,405,082$14,989,154$19,407,774
56$24,314,609$17,157,982$15,440,342$20,713,211
57$26,742,146$17,946,170$15,905,040$22,124,664
58$29,415,636$18,771,323$16,383,650$23,651,797
59$32,360,115$19,635,201$16,876,586$25,305,212
60$35,603,168$20,539,648$17,384,274$27,096,537
61$39,175,197$21,486,597$17,907,152$29,038,531
62$43,109,698$22,478,071$18,445,673$31,145,197
63$47,443,585$23,516,195$19,000,301$33,431,906
64$52,217,535$24,603,192$19,571,515$35,915,533
65$57,476,371$25,741,396$20,159,809$38,614,608
66$63,269,487$26,933,250$20,765,688$41,549,481
67$69,651,312$28,181,316$21,389,676$44,742,508
68$76,681,825$29,488,281$22,032,310$48,218,245
69$84,427,123$30,856,958$22,694,143$52,003,677
70$92,960,039$32,290,298$23,375,747$56,128,456
71$102,360,835$33,791,395$24,077,706$60,625,175
72$112,717,957$35,363,490$24,800,626$65,529,657
73$124,128,869$37,009,981$25,545,127$70,881,286
74$136,700,975$38,734,432$26,311,850$76,723,363
75$150,552,631$40,540,576$27,101,454$83,103,501
76$165,814,263$42,432,328$27,914,617$90,074,063
77$182,629,597$44,413,791$28,752,036$97,692,637
78$201,157,017$46,489,268$29,614,430$106,022,566
79$221,571,059$48,663,268$30,502,540$115,133,529
80$244,064,058$50,940,520$31,417,126$125,102,185
81$268,847,964$53,325,978$32,358,972$136,012,870
82$296,156,344$55,824,838$33,328,885$147,958,384
83$326,246,585$58,442,549$34,327,696$161,040,841
84$359,402,322$61,184,819$35,356,259$175,372,615
85$395,936,120$64,057,636$36,415,455$191,077,375
86$436,192,420$67,067,276$37,506,189$208,291,238
87$480,550,793$70,220,319$38,629,393$227,164,020
88$529,429,523$73,523,664$39,786,026$247,860,635
89$583,289,554$76,984,543$40,977,078$270,562,618
90$642,638,842$80,610,539$42,203,563$295,469,815
91$708,037,151$84,409,602$43,466,529$322,802,243
92$780,101,335$88,390,067$44,767,053$352,802,131
93$859,511,164$92,560,674$46,106,242$385,736,183
94$947,015,740$96,930,584$47,485,238$421,898,057
95$1,043,440,567$101,509,404$48,905,216$461,611,105
96$1,149,695,347$106,307,208$50,367,383$505,231,390
97$1,266,782,566$111,334,554$51,872,984$553,151,010
98$1,395,806,958$116,602,517$53,423,298$605,801,757
99$1,537,985,933$122,122,706$55,019,644$663,659,157
100$1,694,661,074$127,907,294$56,663,378$727,246,912