Can I retire at age 51 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%16.5%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$970,310
2 years$511,009$501,492$492,268$483,326$474,651$448,180
3 years$337,289$327,731$318,530$309,671$301,138$275,482
4 years$250,446$240,917$231,808$223,101$214,774$190,130
5 years$198,353$188,882$179,893$171,363$163,268$139,704
6 years$163,636$154,236$145,380$137,040$129,188$106,728
7 years$138,848$129,527$120,812$112,668$105,065$83,708
8 years$120,266$111,029$102,458$94,515$87,161$66,899
9 years$105,820$96,670$88,247$80,506$73,402$54,215
10 years$94,271$85,210$76,936$69,397$62,543$44,407
11 years$84,827$75,858$67,733$60,396$53,789$36,677
12 years$76,963$68,086$60,111$52,975$46,612$30,493
13 years$70,314$61,530$53,705$46,769$40,647$25,487
14 years$64,620$55,929$48,255$41,516$35,631$21,395
15 years$59,690$51,092$43,567$37,025$31,372$18,023
16 years$55,380$46,876$39,500$33,152$27,727$15,228
17 years$51,581$43,171$35,944$29,787$24,584$12,897
18 years$48,208$39,892$32,812$26,844$21,859$10,946
19 years$45,193$36,971$30,038$24,256$19,484$9,305
20 years$42,484$34,356$27,567$21,968$17,403$7,922
21 years$40,035$32,001$25,356$19,938$15,574$6,753
22 years$37,812$29,872$23,370$18,128$13,960$5,762
23 years$35,786$27,938$21,578$16,509$12,531$4,921
24 years$33,931$26,176$19,956$15,058$11,263$4,206
25 years$32,227$24,565$18,483$13,752$10,135$3,597
26 years$30,657$23,087$17,142$12,574$9,129$3,077
27 years$29,205$21,728$15,918$11,509$8,231$2,634
28 years$27,860$20,474$14,798$10,545$7,427$2,256
29 years$26,609$19,315$13,771$9,670$6,706$1,933
30 years$25,445$18,241$12,827$8,874$6,060$1,656
31 years$24,357$17,244$11,958$8,150$5,478$1,419
32 years$23,340$16,316$11,157$7,490$4,956$1,217
33 years$22,386$15,452$10,418$6,888$4,485$1,043
34 years$21,490$14,645$9,734$6,338$4,061$895
35 years$20,647$13,890$9,100$5,834$3,678$767
36 years$19,853$13,184$8,513$5,373$3,332$658
37 years$19,103$12,522$7,968$4,951$3,020$565
38 years$18,395$11,900$7,462$4,563$2,738$485
39 years$17,725$11,316$6,991$4,207$2,483$416
40 years$17,089$10,766$6,552$3,881$2,252$357
41 years$16,487$10,248$6,144$3,580$2,043$306
42 years$15,914$9,760$5,763$3,304$1,854$263
43 years$15,370$9,299$5,408$3,050$1,683$225
44 years$14,852$8,864$5,077$2,816$1,527$193
45 years$14,358$8,453$4,767$2,601$1,387$166
46 years$13,887$8,064$4,477$2,403$1,259$142
47 years$13,438$7,695$4,206$2,220$1,143$122
48 years$13,008$7,346$3,953$2,051$1,038$105
49 years$12,597$7,015$3,715$1,896$943$90
50 years$12,204$6,701$3,493$1,752$856$77

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $12,500,000, adding $5,677 every year, while hoping to spend $35,475 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: 22/50/28 Blend
50$12,500,000$12,500,000$12,500,000$12,500,000
51$13,780,856$13,118,356$12,924,606$13,961,401
52$15,148,758$13,723,410$13,319,835$14,727,213
53$16,654,997$14,356,923$13,727,115$15,542,589
54$18,313,646$15,020,252$14,146,813$16,414,149
55$20,140,213$15,714,819$14,579,306$17,346,508
56$22,151,784$16,442,114$15,024,982$18,344,703
57$24,367,189$17,203,701$15,484,243$19,414,235
58$26,807,178$18,001,218$15,957,500$20,561,113
59$29,494,613$18,836,380$16,445,179$21,791,903
60$32,454,689$19,710,989$16,947,718$23,113,784
61$35,715,169$20,626,929$17,465,569$24,534,607
62$39,306,647$21,586,179$17,999,195$26,062,960
63$43,262,834$22,590,810$18,549,077$27,708,243
64$47,620,879$23,642,996$19,115,708$29,480,745
65$52,421,720$24,745,015$19,699,595$31,391,732
66$57,710,468$25,899,252$20,301,264$33,453,545
67$63,536,832$27,108,212$20,921,253$35,679,704
68$69,955,592$28,374,518$21,560,118$38,085,027
69$77,027,113$29,700,920$22,218,432$40,685,757
70$84,817,914$31,090,301$22,896,786$43,499,705
71$93,401,300$32,545,684$23,595,786$46,546,403
72$102,858,047$34,070,237$24,316,060$49,847,278
73$113,277,172$35,667,283$25,058,252$53,425,842
74$124,756,767$37,340,303$25,823,027$57,307,893
75$137,404,928$39,092,949$26,611,069$61,521,752
76$151,340,776$40,929,048$27,423,085$66,098,511
77$166,695,577$42,852,614$28,259,800$71,072,308
78$183,613,986$44,867,852$29,121,964$76,480,638
79$202,255,409$46,979,174$30,010,347$82,364,684
80$222,795,512$49,191,204$30,925,744$88,769,688
81$245,427,871$51,508,790$31,868,973$95,745,362
82$270,365,808$53,937,015$32,840,878$103,346,334
83$297,844,400$56,481,208$33,842,327$111,632,642
84$328,122,698$59,146,957$34,874,215$120,670,281
85$361,486,176$61,940,120$35,937,463$130,531,800
86$398,249,419$64,866,840$37,033,022$141,296,965
87$438,759,101$67,933,555$38,161,869$153,053,482
88$483,397,249$71,147,020$39,325,011$165,897,805
89$532,584,858$74,514,313$40,523,488$179,936,014
90$586,785,856$78,042,857$41,758,368$195,284,786
91$646,511,493$81,740,437$43,030,753$212,072,470
92$712,325,159$85,615,212$44,341,777$230,440,264
93$784,847,709$89,675,741$45,692,610$250,543,514
94$864,763,318$93,930,995$47,084,455$272,553,146
95$952,825,945$98,390,382$48,518,553$296,657,243
96$1,049,866,448$103,063,768$49,996,182$323,062,784
97$1,156,800,429$107,961,496$51,518,657$351,997,552
98$1,274,636,875$113,094,411$53,087,334$383,712,249
99$1,404,487,688$118,473,888$54,703,611$418,482,813
100$1,547,578,175$124,111,852$56,368,925$456,612,979