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%12.7%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$985,538
2 years$511,009$501,492$492,268$483,326$474,651$463,347
3 years$337,289$327,731$318,530$309,671$301,138$290,109
4 years$250,446$240,917$231,808$223,101$214,774$204,106
5 years$198,353$188,882$179,893$171,363$163,268$152,991
6 years$163,636$154,236$145,380$137,040$129,188$119,316
7 years$138,848$129,527$120,812$112,668$105,065$95,601
8 years$120,266$111,029$102,458$94,515$87,161$78,105
9 years$105,820$96,670$88,247$80,506$73,402$64,750
10 years$94,271$85,210$76,936$69,397$62,543$54,289
11 years$84,827$75,858$67,733$60,396$53,789$45,926
12 years$76,963$68,086$60,111$52,975$46,612$39,133
13 years$70,314$61,530$53,705$46,769$40,647$33,541
14 years$64,620$55,929$48,255$41,516$35,631$28,889
15 years$59,690$51,092$43,567$37,025$31,372$24,984
16 years$55,380$46,876$39,500$33,152$27,727$21,681
17 years$51,581$43,171$35,944$29,787$24,584$18,869
18 years$48,208$39,892$32,812$26,844$21,859$16,463
19 years$45,193$36,971$30,038$24,256$19,484$14,395
20 years$42,484$34,356$27,567$21,968$17,403$12,609
21 years$40,035$32,001$25,356$19,938$15,574$11,063
22 years$37,812$29,872$23,370$18,128$13,960$9,719
23 years$35,786$27,938$21,578$16,509$12,531$8,549
24 years$33,931$26,176$19,956$15,058$11,263$7,528
25 years$32,227$24,565$18,483$13,752$10,135$6,635
26 years$30,657$23,087$17,142$12,574$9,129$5,852
27 years$29,205$21,728$15,918$11,509$8,231$5,165
28 years$27,860$20,474$14,798$10,545$7,427$4,562
29 years$26,609$19,315$13,771$9,670$6,706$4,031
30 years$25,445$18,241$12,827$8,874$6,060$3,564
31 years$24,357$17,244$11,958$8,150$5,478$3,152
32 years$23,340$16,316$11,157$7,490$4,956$2,789
33 years$22,386$15,452$10,418$6,888$4,485$2,469
34 years$21,490$14,645$9,734$6,338$4,061$2,186
35 years$20,647$13,890$9,100$5,834$3,678$1,936
36 years$19,853$13,184$8,513$5,373$3,332$1,714
37 years$19,103$12,522$7,968$4,951$3,020$1,519
38 years$18,395$11,900$7,462$4,563$2,738$1,346
39 years$17,725$11,316$6,991$4,207$2,483$1,193
40 years$17,089$10,766$6,552$3,881$2,252$1,057
41 years$16,487$10,248$6,144$3,580$2,043$937
42 years$15,914$9,760$5,763$3,304$1,854$831
43 years$15,370$9,299$5,408$3,050$1,683$737
44 years$14,852$8,864$5,077$2,816$1,527$653
45 years$14,358$8,453$4,767$2,601$1,387$579
46 years$13,887$8,064$4,477$2,403$1,259$514
47 years$13,438$7,695$4,206$2,220$1,143$456
48 years$13,008$7,346$3,953$2,051$1,038$404
49 years$12,597$7,015$3,715$1,896$943$358
50 years$12,204$6,701$3,493$1,752$856$318

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 $6,854 every year, while hoping to spend $39,671 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: 58/13/29 Blend
50$12,500,000$12,500,000$12,500,000$12,500,000
51$13,782,070$13,119,570$12,925,820$14,471,594
52$15,145,631$13,720,219$13,316,625$15,545,876
53$16,646,947$14,348,971$13,719,193$16,711,956
54$18,300,024$15,007,160$14,133,875$17,982,684
55$20,120,301$15,696,185$14,561,035$19,368,227
56$22,124,788$16,417,513$15,001,045$20,879,769
57$24,332,226$17,172,682$15,454,290$22,529,615
58$26,763,271$17,963,300$15,921,166$24,331,305
59$29,440,680$18,791,058$16,402,081$26,299,737
60$32,389,533$19,657,724$16,897,455$28,451,309
61$35,637,466$20,565,152$17,407,719$30,804,066
62$39,214,929$21,515,287$17,933,320$33,377,870
63$43,155,481$22,510,165$18,474,715$36,194,585
64$47,496,100$23,551,922$19,032,377$39,278,280
65$52,277,532$24,642,796$19,606,792$42,655,448
66$57,544,680$25,785,134$20,198,459$46,355,260
67$63,347,025$26,981,393$20,807,895$50,409,833
68$69,739,091$28,234,151$21,435,630$54,854,525
69$76,780,965$29,546,111$22,082,210$59,728,276
70$84,538,857$30,920,104$22,748,198$65,073,957
71$93,085,731$32,359,099$23,434,173$70,938,785
72$102,501,989$33,866,208$24,140,731$77,374,751
73$112,876,233$35,444,694$24,868,486$84,439,116
74$124,306,099$37,097,974$25,618,071$92,194,941
75$136,899,181$38,829,635$26,390,137$100,711,679
76$150,774,045$40,643,434$27,185,353$110,065,827
77$166,061,345$42,543,310$28,004,410$120,341,639
78$182,905,063$44,533,393$28,848,019$131,631,917
79$201,463,862$46,618,012$29,716,910$144,038,882
80$221,912,587$48,801,706$30,611,838$157,675,134
81$244,443,914$51,089,232$31,533,577$172,664,704
82$269,270,167$53,485,579$32,482,926$189,144,222
83$296,625,327$55,995,975$33,460,707$207,264,198
84$326,767,236$58,625,903$34,467,766$227,190,436
85$359,980,032$61,381,111$35,504,974$249,105,591
86$396,576,834$64,267,623$36,573,229$273,210,887
87$436,902,692$67,291,759$37,673,454$299,728,005
88$481,337,852$70,460,140$38,806,600$328,901,171
89$530,301,337$73,779,711$39,973,645$360,999,448
90$584,254,908$77,257,752$41,175,597$396,319,272
91$643,707,424$80,901,896$42,413,494$435,187,235
92$709,219,639$84,720,147$43,688,404$477,963,162
93$781,409,503$88,720,895$45,001,426$525,043,496
94$860,957,990$92,912,937$46,353,693$576,865,028
95$948,615,533$97,305,498$47,746,369$633,909,010
96$1,045,209,099$101,908,249$49,180,654$696,705,687
97$1,151,650,004$106,731,331$50,657,783$765,839,289
98$1,268,942,514$111,785,375$52,179,028$841,953,534
99$1,398,193,322$117,081,531$53,745,697$925,757,688
100$1,540,622,001$122,631,486$55,359,138$1,018,033,252