Can I retire at age 51 with 12,600,000?

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 $12,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$976,888
2 years$515,097$505,504$496,207$487,192$478,448$450,594
3 years$339,987$330,352$321,079$312,149$303,547$276,565
4 years$252,449$242,844$233,663$224,886$216,493$190,589
5 years$199,940$190,393$181,332$172,734$164,574$139,820
6 years$164,946$155,470$146,543$138,137$130,222$106,641
7 years$139,959$130,563$121,778$113,570$105,905$83,498
8 years$121,228$111,917$103,277$95,271$87,859$66,614
9 years$106,667$97,444$88,953$81,150$73,990$53,886
10 years$95,025$85,892$77,551$69,952$63,043$44,055
11 years$85,506$76,465$68,275$60,879$54,219$36,316
12 years$77,579$68,630$60,592$53,399$46,985$30,133
13 years$70,877$62,022$54,135$47,143$40,972$25,135
14 years$65,137$56,376$48,641$41,849$35,916$21,056
15 years$60,167$51,501$43,916$37,322$31,623$17,701
16 years$55,823$47,251$39,816$33,417$27,949$14,923
17 years$51,993$43,516$36,231$30,025$24,781$12,612
18 years$48,593$40,211$33,074$27,059$22,034$10,680
19 years$45,555$37,267$30,278$24,450$19,640$9,059
20 years$42,823$34,630$27,788$22,144$17,542$7,695
21 years$40,355$32,257$25,559$20,097$15,698$6,544
22 years$38,115$30,111$23,557$18,273$14,071$5,571
23 years$36,072$28,162$21,751$16,642$12,631$4,746
24 years$34,202$26,386$20,116$15,178$11,353$4,047
25 years$32,485$24,762$18,631$13,862$10,216$3,452
26 years$30,902$23,272$17,279$12,674$9,202$2,947
27 years$29,439$21,902$16,045$11,601$8,297$2,517
28 years$28,083$20,638$14,916$10,629$7,486$2,150
29 years$26,822$19,470$13,881$9,747$6,760$1,837
30 years$25,648$18,387$12,930$8,945$6,108$1,570
31 years$24,552$17,382$12,054$8,216$5,522$1,343
32 years$23,526$16,447$11,246$7,550$4,995$1,148
33 years$22,565$15,575$10,501$6,943$4,521$982
34 years$21,662$14,762$9,811$6,388$4,093$840
35 years$20,812$14,001$9,173$5,881$3,707$719
36 years$20,012$13,289$8,581$5,416$3,359$615
37 years$19,256$12,622$8,032$4,990$3,044$526
38 years$18,542$11,995$7,521$4,600$2,760$450
39 years$17,867$11,406$7,047$4,241$2,503$385
40 years$17,226$10,852$6,605$3,912$2,270$330
41 years$16,619$10,330$6,193$3,609$2,060$282
42 years$16,042$9,838$5,810$3,331$1,869$242
43 years$15,493$9,374$5,451$3,075$1,696$207
44 years$14,971$8,935$5,117$2,839$1,540$177
45 years$14,473$8,520$4,805$2,622$1,398$152
46 years$13,998$8,128$4,513$2,422$1,269$130
47 years$13,545$7,757$4,240$2,237$1,152$111
48 years$13,112$7,405$3,984$2,068$1,046$95
49 years$12,698$7,071$3,745$1,911$950$81
50 years$12,302$6,755$3,521$1,766$863$70

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $12,600,000, adding $4,613 every year, while hoping to spend $28,131 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: 64/19/17 Blend
50$12,600,000$12,600,000$12,600,000$12,600,000
51$13,889,958$13,222,158$13,026,858$14,719,990
52$15,276,803$13,840,113$13,433,327$15,895,468
53$16,804,163$14,487,404$13,852,469$17,175,413
54$18,486,341$15,165,441$14,284,681$18,572,974
55$20,339,098$15,875,698$14,730,368$20,099,634
56$22,379,801$16,619,722$15,189,951$21,768,022
57$24,627,589$17,399,137$15,663,862$23,592,037
58$27,103,551$18,215,642$16,152,549$25,586,968
59$29,830,924$19,071,020$16,656,471$27,769,644
60$32,835,319$19,967,140$17,176,102$30,158,579
61$36,144,953$20,905,961$17,711,934$32,774,155
62$39,790,924$21,889,539$18,264,469$35,638,799
63$43,807,498$22,920,026$18,834,228$38,777,202
64$48,232,436$23,999,681$19,421,748$42,216,539
65$53,107,350$25,130,871$20,027,582$45,986,728
66$58,478,094$26,316,078$20,652,301$50,120,703
67$64,395,199$27,557,905$21,296,492$54,654,726
68$70,914,347$28,859,080$21,960,763$59,628,717
69$78,096,900$30,222,464$22,645,737$65,086,635
70$86,010,475$31,651,057$23,352,061$71,076,880
71$94,729,588$33,148,003$24,080,399$77,652,750
72$104,336,350$34,716,599$24,831,437$84,872,934
73$114,921,249$36,360,304$25,605,882$92,802,065
74$126,584,000$38,082,742$26,404,462$101,511,321
75$139,434,485$39,887,714$27,227,929$111,079,089
76$153,593,796$41,779,205$28,077,058$121,591,703
77$169,195,372$43,761,395$28,952,648$133,144,249
78$186,386,262$45,838,665$29,855,524$145,841,455
79$205,328,510$48,015,610$30,786,533$159,798,675
80$226,200,690$50,297,046$31,746,554$175,142,964
81$249,199,585$52,688,026$32,736,488$192,014,278
82$274,542,050$55,193,847$33,757,268$210,566,779
83$302,467,056$57,820,062$34,809,853$230,970,284
84$333,237,946$60,572,496$35,895,234$253,411,859
85$367,144,924$63,457,255$37,014,431$278,097,575
86$404,507,789$66,480,744$38,168,498$305,254,443
87$445,678,961$69,649,677$39,358,519$335,132,545
88$491,046,800$72,971,097$40,585,615$368,007,385
89$541,039,279$76,452,386$41,850,939$404,182,479
90$596,128,021$80,101,288$43,155,681$443,992,205
91$656,832,751$83,925,923$44,501,068$487,804,948
92$723,726,203$87,934,805$45,888,365$536,026,567
93$797,439,527$92,136,862$47,318,877$589,104,208
94$878,668,247$96,541,457$48,793,948$647,530,512
95$968,178,829$101,158,408$50,314,965$711,848,253
96$1,066,815,912$105,998,013$51,883,359$782,655,443
97$1,175,510,287$111,071,068$53,500,604$860,610,961
98$1,295,287,682$116,388,895$55,168,219$946,440,755
99$1,427,278,444$121,963,370$56,887,774$1,040,944,681
100$1,572,728,214$127,806,944$58,660,882$1,145,004,029