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%15.9%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$972,671
2 years$511,009$501,492$492,268$483,326$474,651$450,519
3 years$337,289$327,731$318,530$309,671$301,138$277,725
4 years$250,446$240,917$231,808$223,101$214,774$192,260
5 years$198,353$188,882$179,893$171,363$163,268$141,716
6 years$163,636$154,236$145,380$137,040$129,188$108,619
7 years$138,848$129,527$120,812$112,668$105,065$85,482
8 years$120,266$111,029$102,458$94,515$87,161$68,556
9 years$105,820$96,670$88,247$80,506$73,402$55,760
10 years$94,271$85,210$76,936$69,397$62,543$45,843
11 years$84,827$75,858$67,733$60,396$53,789$38,009
12 years$76,963$68,086$60,111$52,975$46,612$31,725
13 years$70,314$61,530$53,705$46,769$40,647$26,623
14 years$64,620$55,929$48,255$41,516$35,631$22,441
15 years$59,690$51,092$43,567$37,025$31,372$18,984
16 years$55,380$46,876$39,500$33,152$27,727$16,109
17 years$51,581$43,171$35,944$29,787$24,584$13,703
18 years$48,208$39,892$32,812$26,844$21,859$11,681
19 years$45,193$36,971$30,038$24,256$19,484$9,975
20 years$42,484$34,356$27,567$21,968$17,403$8,531
21 years$40,035$32,001$25,356$19,938$15,574$7,306
22 years$37,812$29,872$23,370$18,128$13,960$6,263
23 years$35,786$27,938$21,578$16,509$12,531$5,374
24 years$33,931$26,176$19,956$15,058$11,263$4,615
25 years$32,227$24,565$18,483$13,752$10,135$3,965
26 years$30,657$23,087$17,142$12,574$9,129$3,409
27 years$29,205$21,728$15,918$11,509$8,231$2,933
28 years$27,860$20,474$14,798$10,545$7,427$2,524
29 years$26,609$19,315$13,771$9,670$6,706$2,173
30 years$25,445$18,241$12,827$8,874$6,060$1,871
31 years$24,357$17,244$11,958$8,150$5,478$1,612
32 years$23,340$16,316$11,157$7,490$4,956$1,389
33 years$22,386$15,452$10,418$6,888$4,485$1,197
34 years$21,490$14,645$9,734$6,338$4,061$1,031
35 years$20,647$13,890$9,100$5,834$3,678$889
36 years$19,853$13,184$8,513$5,373$3,332$766
37 years$19,103$12,522$7,968$4,951$3,020$661
38 years$18,395$11,900$7,462$4,563$2,738$570
39 years$17,725$11,316$6,991$4,207$2,483$491
40 years$17,089$10,766$6,552$3,881$2,252$424
41 years$16,487$10,248$6,144$3,580$2,043$366
42 years$15,914$9,760$5,763$3,304$1,854$315
43 years$15,370$9,299$5,408$3,050$1,683$272
44 years$14,852$8,864$5,077$2,816$1,527$235
45 years$14,358$8,453$4,767$2,601$1,387$202
46 years$13,887$8,064$4,477$2,403$1,259$175
47 years$13,438$7,695$4,206$2,220$1,143$151
48 years$13,008$7,346$3,953$2,051$1,038$130
49 years$12,597$7,015$3,715$1,896$943$112
50 years$12,204$6,701$3,493$1,752$856$97

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 $5,114 every year, while hoping to spend $58,511 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: 51/44/5 Blend
49$12,500,000$12,500,000$12,500,000$12,500,000
50$13,780,275$13,117,775$12,924,025$14,466,882
51$15,123,608$13,698,291$13,294,725$15,514,043
52$16,602,000$14,305,291$13,675,882$16,644,940
53$18,229,164$14,940,011$14,067,785$17,872,804
54$20,020,214$15,603,746$14,470,730$19,206,742
55$21,991,798$16,297,851$14,885,021$20,656,754
56$24,162,263$17,023,748$15,310,972$22,233,822
57$26,551,826$17,782,924$15,748,901$23,950,011
58$29,182,762$18,576,937$16,199,139$25,818,579
59$32,079,617$19,407,421$16,662,024$27,854,090
60$35,269,438$20,276,084$17,137,902$30,072,554
61$38,782,029$21,184,720$17,627,129$32,491,566
62$42,650,229$22,135,205$18,130,072$35,130,468
63$46,910,228$23,129,505$18,647,104$38,010,527
64$51,601,901$24,169,681$19,178,612$41,155,125
65$56,769,190$25,257,891$19,724,991$44,589,973
66$62,460,515$26,396,395$20,286,646$48,343,352
67$68,729,233$27,587,564$20,863,994$52,446,362
68$75,634,139$28,833,878$21,457,462$56,933,216
69$83,240,023$30,137,940$22,067,489$61,841,550
70$91,618,280$31,502,474$22,694,524$67,212,772
71$100,847,584$32,930,334$23,339,030$73,092,440
72$111,014,630$34,424,514$24,001,480$79,530,684
73$122,214,954$35,988,147$24,682,362$86,582,668
74$134,553,831$37,624,518$25,382,173$94,309,101
75$148,147,272$39,337,069$26,101,425$102,776,801
76$163,123,115$41,129,407$26,840,645$112,059,306
77$179,622,237$43,005,312$27,600,370$122,237,564
78$197,799,876$44,968,743$28,381,154$133,400,680
79$217,827,105$47,023,853$29,183,563$145,646,744
80$239,892,437$49,174,989$30,008,180$159,083,744
81$264,203,612$51,426,710$30,855,601$173,830,569
82$290,989,555$53,783,794$31,726,438$190,018,115
83$320,502,535$56,251,245$32,621,320$207,790,506
84$353,020,549$58,834,311$33,540,889$227,306,437
85$388,849,943$61,538,490$34,485,806$248,740,653
86$428,328,306$64,369,545$35,456,750$272,285,581
87$471,827,655$67,333,515$36,454,413$298,153,127
88$519,757,949$70,436,730$37,479,509$326,576,653
89$572,570,955$73,685,825$38,532,767$357,813,162
90$630,764,514$77,087,752$39,614,937$392,145,701
91$694,887,244$80,649,801$40,726,787$429,886,006
92$765,543,711$84,379,610$41,869,102$471,377,424
93$843,400,144$88,285,185$43,042,692$516,998,126
94$929,190,719$92,374,920$44,248,382$567,164,649
95$1,023,724,491$96,657,609$45,487,022$622,335,805
96$1,127,893,032$101,142,475$46,759,480$683,016,975
97$1,242,678,847$105,839,181$48,066,647$749,764,854
98$1,369,164,647$110,757,859$49,409,438$823,192,671
99$1,508,543,574$115,909,128$50,788,787$903,975,947
100$1,662,130,462$121,304,118$52,205,655$992,858,833