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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.8%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$965,247
2 years$511,009$501,492$492,268$483,326$474,651$443,180
3 years$337,289$327,731$318,530$309,671$301,138$270,705
4 years$250,446$240,917$231,808$223,101$214,774$185,611
5 years$198,353$188,882$179,893$171,363$163,268$135,453
6 years$163,636$154,236$145,380$137,040$129,188$102,746
7 years$138,848$129,527$120,812$112,668$105,065$79,993
8 years$120,266$111,029$102,458$94,515$87,161$63,442
9 years$105,820$96,670$88,247$80,506$73,402$51,010
10 years$94,271$85,210$76,936$69,397$62,543$41,443
11 years$84,827$75,858$67,733$60,396$53,789$33,944
12 years$76,963$68,086$60,111$52,975$46,612$27,979
13 years$70,314$61,530$53,705$46,769$40,647$23,181
14 years$64,620$55,929$48,255$41,516$35,631$19,285
15 years$59,690$51,092$43,567$37,025$31,372$16,098
16 years$55,380$46,876$39,500$33,152$27,727$13,475
17 years$51,581$43,171$35,944$29,787$24,584$11,305
18 years$48,208$39,892$32,812$26,844$21,859$9,502
19 years$45,193$36,971$30,038$24,256$19,484$7,999
20 years$42,484$34,356$27,567$21,968$17,403$6,743
21 years$40,035$32,001$25,356$19,938$15,574$5,691
22 years$37,812$29,872$23,370$18,128$13,960$4,807
23 years$35,786$27,938$21,578$16,509$12,531$4,063
24 years$33,931$26,176$19,956$15,058$11,263$3,437
25 years$32,227$24,565$18,483$13,752$10,135$2,909
26 years$30,657$23,087$17,142$12,574$9,129$2,463
27 years$29,205$21,728$15,918$11,509$8,231$2,086
28 years$27,860$20,474$14,798$10,545$7,427$1,768
29 years$26,609$19,315$13,771$9,670$6,706$1,498
30 years$25,445$18,241$12,827$8,874$6,060$1,270
31 years$24,357$17,244$11,958$8,150$5,478$1,077
32 years$23,340$16,316$11,157$7,490$4,956$914
33 years$22,386$15,452$10,418$6,888$4,485$775
34 years$21,490$14,645$9,734$6,338$4,061$657
35 years$20,647$13,890$9,100$5,834$3,678$558
36 years$19,853$13,184$8,513$5,373$3,332$473
37 years$19,103$12,522$7,968$4,951$3,020$402
38 years$18,395$11,900$7,462$4,563$2,738$341
39 years$17,725$11,316$6,991$4,207$2,483$289
40 years$17,089$10,766$6,552$3,881$2,252$245
41 years$16,487$10,248$6,144$3,580$2,043$208
42 years$15,914$9,760$5,763$3,304$1,854$177
43 years$15,370$9,299$5,408$3,050$1,683$150
44 years$14,852$8,864$5,077$2,816$1,527$127
45 years$14,358$8,453$4,767$2,601$1,387$108
46 years$13,887$8,064$4,477$2,403$1,259$92
47 years$13,438$7,695$4,206$2,220$1,143$78
48 years$13,008$7,346$3,953$2,051$1,038$66
49 years$12,597$7,015$3,715$1,896$943$56
50 years$12,204$6,701$3,493$1,752$856$48

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 $5,287 every year, while hoping to spend $22,009 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: 40/44/16 Blend
49$12,500,000$12,500,000$12,500,000$12,500,000
50$13,780,454$13,117,954$12,924,204$14,265,924
51$15,162,642$13,737,316$13,333,747$15,230,742
52$16,685,077$14,386,289$13,756,272$16,271,291
53$18,362,039$15,066,302$14,192,192$17,396,497
54$20,209,266$15,778,850$14,641,929$18,614,060
55$22,244,101$16,525,503$15,105,924$19,932,421
56$24,485,654$17,307,907$15,584,627$21,360,839
57$26,954,983$18,127,788$16,078,505$22,909,470
58$29,675,296$18,986,954$16,588,039$24,589,458
59$32,672,165$19,887,303$17,113,727$26,413,032
60$35,973,768$20,830,823$17,656,079$28,393,618
61$39,611,160$21,819,601$18,215,626$30,545,953
62$43,618,560$22,855,824$18,792,911$32,886,222
63$48,033,678$23,941,783$19,388,498$35,432,197
64$52,898,067$25,079,884$20,002,966$38,203,403
65$58,257,520$26,272,649$20,636,916$41,221,287
66$64,162,498$27,522,720$21,290,964$44,509,415
67$70,668,610$28,832,870$21,965,748$48,093,683
68$77,837,133$30,206,006$22,661,925$52,002,555
69$85,735,596$31,645,175$23,380,175$56,267,315
70$94,438,413$33,153,575$24,121,197$60,922,356
71$104,027,587$34,734,557$24,885,714$66,005,493
72$114,593,486$36,391,635$25,674,470$71,558,304
73$126,235,692$38,128,495$26,488,235$77,626,513
74$139,063,943$39,949,002$27,327,801$84,260,409
75$153,199,170$41,857,208$28,193,988$91,515,303
76$168,774,638$43,857,364$29,087,639$99,452,041
77$185,937,202$45,953,926$30,009,626$108,137,556
78$204,848,695$48,151,567$30,960,847$117,645,491
79$225,687,457$50,455,188$31,942,230$128,056,874
80$248,650,014$52,869,929$32,954,731$139,460,863
81$273,952,939$55,401,179$33,999,338$151,955,575
82$301,834,892$58,054,589$35,077,069$165,648,988
83$332,558,874$60,836,088$36,188,974$180,659,944
84$366,414,713$63,751,890$37,336,138$197,119,245
85$403,721,795$66,808,513$38,519,680$215,170,871
86$444,832,081$70,012,794$39,740,753$234,973,313
87$490,133,433$73,371,900$41,000,547$256,701,045
88$540,053,270$76,893,350$42,300,292$280,546,148
89$595,062,606$80,585,027$43,641,255$306,720,093
90$655,680,497$84,455,199$45,024,742$335,455,712
91$722,478,941$88,512,536$46,452,104$367,009,366
92$796,088,275$92,766,133$47,924,732$401,663,338
93$877,203,131$97,225,525$49,444,062$439,728,458
94$966,588,988$101,900,714$51,011,577$481,547,012
95$1,065,089,404$106,802,188$52,628,803$527,495,934
96$1,173,633,975$111,940,947$54,297,320$577,990,327
97$1,293,247,114$117,328,527$56,018,753$633,487,348
98$1,425,057,721$122,977,026$57,794,783$694,490,477
99$1,570,309,841$128,899,132$59,627,140$761,554,232
100$1,730,374,408$135,108,153$61,517,613$835,289,359