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

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 $12,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$968,322
2 years$515,097$505,504$496,207$487,192$478,448$442,156
3 years$339,987$330,352$321,079$312,149$303,547$268,523
4 years$252,449$242,844$233,663$224,886$216,493$183,004
5 years$199,940$190,393$181,332$172,734$164,574$132,709
6 years$164,946$155,470$146,543$138,137$130,222$100,003
7 years$139,959$130,563$121,778$113,570$105,905$77,325
8 years$121,228$111,917$103,277$95,271$87,859$60,893
9 years$106,667$97,444$88,953$81,150$73,990$48,602
10 years$95,025$85,892$77,551$69,952$63,043$39,189
11 years$85,506$76,465$68,275$60,879$54,219$31,849
12 years$77,579$68,630$60,592$53,399$46,985$26,044
13 years$70,877$62,022$54,135$47,143$40,972$21,402
14 years$65,137$56,376$48,641$41,849$35,916$17,657
15 years$60,167$51,501$43,916$37,322$31,623$14,614
16 years$55,823$47,251$39,816$33,417$27,949$12,127
17 years$51,993$43,516$36,231$30,025$24,781$10,084
18 years$48,593$40,211$33,074$27,059$22,034$8,401
19 years$45,555$37,267$30,278$24,450$19,640$7,008
20 years$42,823$34,630$27,788$22,144$17,542$5,854
21 years$40,355$32,257$25,559$20,097$15,698$4,894
22 years$38,115$30,111$23,557$18,273$14,071$4,095
23 years$36,072$28,162$21,751$16,642$12,631$3,429
24 years$34,202$26,386$20,116$15,178$11,353$2,873
25 years$32,485$24,762$18,631$13,862$10,216$2,409
26 years$30,902$23,272$17,279$12,674$9,202$2,020
27 years$29,439$21,902$16,045$11,601$8,297$1,694
28 years$28,083$20,638$14,916$10,629$7,486$1,422
29 years$26,822$19,470$13,881$9,747$6,760$1,193
30 years$25,648$18,387$12,930$8,945$6,108$1,002
31 years$24,552$17,382$12,054$8,216$5,522$841
32 years$23,526$16,447$11,246$7,550$4,995$706
33 years$22,565$15,575$10,501$6,943$4,521$593
34 years$21,662$14,762$9,811$6,388$4,093$498
35 years$20,812$14,001$9,173$5,881$3,707$418
36 years$20,012$13,289$8,581$5,416$3,359$351
37 years$19,256$12,622$8,032$4,990$3,044$295
38 years$18,542$11,995$7,521$4,600$2,760$248
39 years$17,867$11,406$7,047$4,241$2,503$208
40 years$17,226$10,852$6,605$3,912$2,270$175
41 years$16,619$10,330$6,193$3,609$2,060$147
42 years$16,042$9,838$5,810$3,331$1,869$124
43 years$15,493$9,374$5,451$3,075$1,696$104
44 years$14,971$8,935$5,117$2,839$1,540$87
45 years$14,473$8,520$4,805$2,622$1,398$73
46 years$13,998$8,128$4,513$2,422$1,269$62
47 years$13,545$7,757$4,240$2,237$1,152$52
48 years$13,112$7,405$3,984$2,068$1,046$44
49 years$12,698$7,071$3,745$1,911$950$37
50 years$12,302$6,755$3,521$1,766$863$31

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 $6,485 every year, while hoping to spend $52,612 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: 63/10/27 Blend
50$12,600,000$12,600,000$12,600,000$12,600,000
51$13,891,889$13,224,089$13,028,789$14,666,885
52$15,252,883$13,816,091$13,409,275$15,784,944
53$16,750,935$14,435,337$13,800,744$16,999,315
54$18,399,970$15,083,108$14,203,508$18,324,657
55$20,215,329$15,760,743$14,617,888$19,771,850
56$22,213,921$16,469,647$15,044,215$21,352,871
57$24,414,372$17,211,291$15,482,827$23,080,904
58$26,837,210$17,987,217$15,934,074$24,970,457
59$29,505,054$18,799,038$16,398,314$27,037,505
60$32,442,827$19,648,449$16,875,915$29,299,629
61$35,677,992$20,537,220$17,367,256$31,776,191
62$39,240,814$21,467,210$17,872,725$34,488,502
63$43,164,639$22,440,366$18,392,723$37,460,032
64$47,486,214$23,458,725$18,927,661$40,716,620
65$52,246,031$24,524,426$19,477,961$44,286,721
66$57,488,711$25,639,707$20,044,057$48,201,670
67$63,263,421$26,806,915$20,626,395$52,495,972
68$69,624,345$28,028,508$21,225,434$57,207,630
69$76,631,186$29,307,063$21,841,644$62,378,497
70$84,349,737$30,645,280$22,475,510$68,054,668
71$92,852,500$32,045,988$23,127,528$74,286,913
72$102,219,365$33,512,151$23,798,211$81,131,153
73$112,538,371$35,046,878$24,488,082$88,648,981
74$123,906,535$36,653,425$25,197,682$96,908,243
75$136,430,762$38,335,203$25,927,565$105,983,675
76$150,228,862$40,095,790$26,678,301$115,957,600
77$165,430,656$41,938,934$27,450,474$126,920,705
78$182,179,204$43,868,563$28,244,687$138,972,890
79$200,632,155$45,888,795$29,061,556$152,224,210
80$220,963,233$48,003,944$29,901,716$166,795,905
81$243,363,879$50,218,533$30,765,819$182,821,540
82$268,045,056$52,537,303$31,654,536$200,448,264
83$295,239,242$54,965,221$32,568,553$219,838,190
84$325,202,623$57,507,496$33,508,578$241,169,921
85$358,217,512$60,169,584$34,475,337$264,640,232
86$394,595,012$62,957,208$35,469,575$290,465,918
87$434,677,956$65,876,364$36,492,058$318,885,837
88$478,844,140$68,933,338$37,543,574$350,163,157
89$527,509,888$72,134,717$38,624,930$384,587,832
90$581,133,988$75,487,410$39,736,956$422,479,337
91$640,222,015$78,998,654$40,880,505$464,189,670
92$705,331,111$82,676,038$42,056,452$510,106,673
93$777,075,238$86,527,517$43,265,697$560,657,681
94$856,130,977$90,561,430$44,509,162$616,313,550
95$943,243,914$94,786,518$45,787,797$677,593,094
96$1,039,235,680$99,211,943$47,102,574$745,067,970
97$1,145,011,703$103,847,313$48,454,495$819,368,068
98$1,261,569,762$108,702,696$49,844,585$901,187,450
99$1,390,009,399$113,788,649$51,273,900$991,290,886
100$1,531,542,303$119,116,239$52,743,521$1,090,521,068