Can I retire at age 51 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%11.3%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$991,317
2 years$511,009$501,492$492,268$483,326$474,651$469,151
3 years$337,289$327,731$318,530$309,671$301,138$295,759
4 years$250,446$240,917$231,808$223,101$214,774$209,558
5 years$198,353$188,882$179,893$171,363$163,268$158,229
6 years$163,636$154,236$145,380$137,040$129,188$124,334
7 years$138,848$129,527$120,812$112,668$105,065$100,397
8 years$120,266$111,029$102,458$94,515$87,161$82,681
9 years$105,820$96,670$88,247$80,506$73,402$69,107
10 years$94,271$85,210$76,936$69,397$62,543$58,431
11 years$84,827$75,858$67,733$60,396$53,789$49,858
12 years$76,963$68,086$60,111$52,975$46,612$42,860
13 years$70,314$61,530$53,705$46,769$40,647$37,068
14 years$64,620$55,929$48,255$41,516$35,631$32,222
15 years$59,690$51,092$43,567$37,025$31,372$28,129
16 years$55,380$46,876$39,500$33,152$27,727$24,645
17 years$51,581$43,171$35,944$29,787$24,584$21,659
18 years$48,208$39,892$32,812$26,844$21,859$19,086
19 years$45,193$36,971$30,038$24,256$19,484$16,856
20 years$42,484$34,356$27,567$21,968$17,403$14,917
21 years$40,035$32,001$25,356$19,938$15,574$13,224
22 years$37,812$29,872$23,370$18,128$13,960$11,740
23 years$35,786$27,938$21,578$16,509$12,531$10,437
24 years$33,931$26,176$19,956$15,058$11,263$9,290
25 years$32,227$24,565$18,483$13,752$10,135$8,277
26 years$30,657$23,087$17,142$12,574$9,129$7,381
27 years$29,205$21,728$15,918$11,509$8,231$6,588
28 years$27,860$20,474$14,798$10,545$7,427$5,884
29 years$26,609$19,315$13,771$9,670$6,706$5,258
30 years$25,445$18,241$12,827$8,874$6,060$4,702
31 years$24,357$17,244$11,958$8,150$5,478$4,207
32 years$23,340$16,316$11,157$7,490$4,956$3,765
33 years$22,386$15,452$10,418$6,888$4,485$3,372
34 years$21,490$14,645$9,734$6,338$4,061$3,020
35 years$20,647$13,890$9,100$5,834$3,678$2,706
36 years$19,853$13,184$8,513$5,373$3,332$2,425
37 years$19,103$12,522$7,968$4,951$3,020$2,174
38 years$18,395$11,900$7,462$4,563$2,738$1,950
39 years$17,725$11,316$6,991$4,207$2,483$1,749
40 years$17,089$10,766$6,552$3,881$2,252$1,569
41 years$16,487$10,248$6,144$3,580$2,043$1,407
42 years$15,914$9,760$5,763$3,304$1,854$1,263
43 years$15,370$9,299$5,408$3,050$1,683$1,133
44 years$14,852$8,864$5,077$2,816$1,527$1,017
45 years$14,358$8,453$4,767$2,601$1,387$913
46 years$13,887$8,064$4,477$2,403$1,259$820
47 years$13,438$7,695$4,206$2,220$1,143$736
48 years$13,008$7,346$3,953$2,051$1,038$661
49 years$12,597$7,015$3,715$1,896$943$593
50 years$12,204$6,701$3,493$1,752$856$533

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 $3,353 every year, while hoping to spend $35,937 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: 65/21/14 Blend
50$12,500,000$12,500,000$12,500,000$12,500,000
51$13,778,459$13,115,959$12,922,209$14,628,258
52$15,145,625$13,720,404$13,316,866$15,801,204
53$16,651,037$14,353,263$13,723,540$17,077,883
54$18,308,760$15,015,889$14,142,595$18,472,013
55$20,134,288$15,709,702$14,574,407$19,995,063
56$22,144,698$16,436,191$15,019,362$21,659,646
57$24,358,807$17,196,914$15,477,860$23,479,642
58$26,797,348$17,993,505$15,950,312$25,470,324
59$29,483,170$18,827,679$16,437,139$27,648,495
60$32,441,449$19,701,231$16,938,779$30,032,649
61$35,699,929$20,616,044$17,455,680$32,643,138
62$39,289,182$21,574,090$17,988,306$35,502,363
63$43,242,896$22,577,438$18,537,131$38,634,979
64$47,598,194$23,628,255$19,102,648$42,068,126
65$52,395,986$24,728,815$19,685,363$45,831,682
66$57,681,349$25,881,501$20,285,796$49,958,536
67$63,503,961$27,088,808$20,904,484$54,484,899
68$69,918,561$28,353,355$21,541,980$59,450,639
69$76,985,471$29,677,887$22,198,854$64,899,653
70$84,771,167$31,065,281$22,875,692$70,880,273
71$93,348,897$32,518,551$23,573,100$77,445,721
72$102,799,386$34,040,861$24,291,699$84,654,606
73$113,211,584$35,635,525$25,032,132$92,571,468
74$124,683,517$37,306,016$25,795,060$101,267,381
75$137,323,204$39,055,979$26,581,162$110,820,623
76$151,249,680$40,889,232$27,391,141$121,317,401
77$166,594,122$42,809,779$28,225,719$132,852,664
78$183,501,082$44,821,818$29,085,640$145,530,985
79$202,129,854$46,929,748$29,971,671$159,467,550
80$222,655,978$49,138,185$30,884,600$174,789,227
81$245,272,896$51,451,964$31,825,243$191,635,763
82$270,193,780$53,876,159$32,794,437$210,161,091
83$297,653,539$56,416,084$33,793,044$230,534,773
84$327,911,044$59,077,316$34,821,955$252,943,596
85$361,251,565$61,865,699$35,882,085$277,593,318
86$397,989,467$64,787,361$36,974,377$304,710,606
87$438,471,178$67,848,726$38,099,804$334,545,163
88$483,078,457$71,056,533$39,259,366$367,372,072
89$532,231,999$74,417,843$40,454,095$403,494,382
90$586,395,409$77,940,063$41,685,053$443,245,958
91$646,079,573$81,630,958$42,953,334$486,994,617
92$711,847,484$85,498,670$44,260,065$535,145,589
93$784,319,557$89,551,735$45,606,408$588,145,326
94$864,179,486$93,799,104$46,993,557$646,485,702
95$952,180,697$98,250,163$48,422,744$710,708,642
96$1,049,153,461$102,914,754$49,895,239$781,411,222
97$1,156,012,732$107,803,196$51,412,348$859,251,287
98$1,273,766,786$112,926,307$52,975,417$944,953,642
99$1,403,526,738$118,295,436$54,585,832$1,039,316,879
100$1,546,517,030$123,922,477$56,245,022$1,143,220,895