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%18.9%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$968,707
2 years$515,097$505,504$496,207$487,192$478,448$442,534
3 years$339,987$330,352$321,079$312,149$303,547$268,882
4 years$252,449$242,844$233,663$224,886$216,493$183,341
5 years$199,940$190,393$181,332$172,734$164,574$133,023
6 years$164,946$155,470$146,543$138,137$130,222$100,295
7 years$139,959$130,563$121,778$113,570$105,905$77,596
8 years$121,228$111,917$103,277$95,271$87,859$61,142
9 years$106,667$97,444$88,953$81,150$73,990$48,831
10 years$95,025$85,892$77,551$69,952$63,043$39,399
11 years$85,506$76,465$68,275$60,879$54,219$32,040
12 years$77,579$68,630$60,592$53,399$46,985$26,218
13 years$70,877$62,022$54,135$47,143$40,972$21,559
14 years$65,137$56,376$48,641$41,849$35,916$17,799
15 years$60,167$51,501$43,916$37,322$31,623$14,742
16 years$55,823$47,251$39,816$33,417$27,949$12,242
17 years$51,993$43,516$36,231$30,025$24,781$10,188
18 years$48,593$40,211$33,074$27,059$22,034$8,493
19 years$45,555$37,267$30,278$24,450$19,640$7,091
20 years$42,823$34,630$27,788$22,144$17,542$5,927
21 years$40,355$32,257$25,559$20,097$15,698$4,960
22 years$38,115$30,111$23,557$18,273$14,071$4,153
23 years$36,072$28,162$21,751$16,642$12,631$3,481
24 years$34,202$26,386$20,116$15,178$11,353$2,918
25 years$32,485$24,762$18,631$13,862$10,216$2,448
26 years$30,902$23,272$17,279$12,674$9,202$2,055
27 years$29,439$21,902$16,045$11,601$8,297$1,725
28 years$28,083$20,638$14,916$10,629$7,486$1,449
29 years$26,822$19,470$13,881$9,747$6,760$1,217
30 years$25,648$18,387$12,930$8,945$6,108$1,022
31 years$24,552$17,382$12,054$8,216$5,522$859
32 years$23,526$16,447$11,246$7,550$4,995$722
33 years$22,565$15,575$10,501$6,943$4,521$607
34 years$21,662$14,762$9,811$6,388$4,093$510
35 years$20,812$14,001$9,173$5,881$3,707$429
36 years$20,012$13,289$8,581$5,416$3,359$361
37 years$19,256$12,622$8,032$4,990$3,044$303
38 years$18,542$11,995$7,521$4,600$2,760$255
39 years$17,867$11,406$7,047$4,241$2,503$214
40 years$17,226$10,852$6,605$3,912$2,270$180
41 years$16,619$10,330$6,193$3,609$2,060$152
42 years$16,042$9,838$5,810$3,331$1,869$127
43 years$15,493$9,374$5,451$3,075$1,696$107
44 years$14,971$8,935$5,117$2,839$1,540$90
45 years$14,473$8,520$4,805$2,622$1,398$76
46 years$13,998$8,128$4,513$2,422$1,269$64
47 years$13,545$7,757$4,240$2,237$1,152$54
48 years$13,112$7,405$3,984$2,068$1,046$45
49 years$12,698$7,071$3,745$1,911$950$38
50 years$12,302$6,755$3,521$1,766$863$32

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 $6,134 every year, while hoping to spend $48,933 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: 72/6/22 Blend
50$12,600,000$12,600,000$12,600,000$12,600,000
51$13,891,527$13,223,727$13,028,427$14,816,138
52$15,256,399$13,819,626$13,412,815$16,028,876
53$16,758,847$14,443,083$13,808,440$17,350,310
54$18,412,853$15,095,398$14,215,627$18,796,445
55$20,233,823$15,777,931$14,634,709$20,379,667
56$22,238,732$16,492,109$15,066,031$22,113,613
57$24,446,285$17,239,425$15,509,946$24,013,298
58$26,877,094$18,021,444$15,966,816$26,095,258
59$29,553,869$18,839,806$16,437,016$28,377,701
60$32,501,638$19,696,231$16,920,930$30,880,681
61$35,747,977$20,592,519$17,418,954$33,626,280
62$39,323,275$21,530,556$17,931,493$36,638,822
63$43,261,017$22,512,321$18,458,966$39,945,095
64$47,598,102$23,539,886$19,001,802$43,574,605
65$52,375,190$24,615,422$19,560,444$47,559,849
66$57,637,086$25,741,205$20,135,346$51,936,626
67$63,433,165$26,919,619$20,726,976$56,744,367
68$69,817,831$28,153,164$21,335,813$62,026,506
69$76,851,040$29,444,460$21,962,353$67,830,891
70$84,598,858$30,796,250$22,607,103$74,210,231
71$93,134,087$32,211,411$23,270,587$81,222,589
72$102,536,952$33,692,959$23,953,340$88,931,933
73$112,895,861$35,244,054$24,655,917$97,408,732
74$124,308,232$36,868,006$25,378,883$106,730,620
75$136,881,421$38,568,288$26,122,825$116,983,128
76$150,733,728$40,348,536$26,888,342$128,260,487
77$165,995,519$42,212,564$27,676,051$140,666,515
78$182,810,450$44,164,368$28,486,588$154,315,591
79$201,336,832$46,208,138$29,320,604$169,333,736
80$221,749,115$48,348,263$30,178,771$185,859,796
81$244,239,543$50,589,346$31,061,778$204,046,752
82$269,019,963$52,936,211$31,970,334$224,063,156
83$296,323,828$55,393,914$32,905,169$246,094,724
84$326,408,398$57,967,755$33,867,031$270,346,080
85$359,557,169$60,663,289$34,856,691$297,042,687
86$396,082,550$63,486,341$35,874,941$326,432,971
87$436,328,813$66,443,015$36,922,594$358,790,658
88$480,675,339$69,539,709$38,000,488$394,417,359
89$529,540,202$72,783,133$39,109,483$433,645,408
90$583,384,114$76,180,318$40,250,462$476,840,998
91$642,714,776$79,738,636$41,424,334$524,407,628
92$708,091,667$83,465,813$42,632,034$576,789,913
93$780,131,332$87,369,952$43,874,521$634,477,770
94$859,513,192$91,459,545$45,152,783$698,011,040
95$946,985,970$95,743,494$46,467,833$767,984,581
96$1,043,374,747$100,231,134$47,820,713$845,053,870
97$1,149,588,760$104,932,248$49,212,496$929,941,192
98$1,266,629,981$109,857,096$50,644,282$1,023,442,448
99$1,395,602,576$115,016,430$52,117,202$1,126,434,662
100$1,537,723,330$120,421,527$53,632,420$1,239,884,255