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%12.2%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$995,492
2 years$515,097$505,504$496,207$487,192$478,448$469,129
3 years$339,987$330,352$321,079$312,149$303,547$294,447
4 years$252,449$242,844$233,663$224,886$216,493$207,682
5 years$199,940$190,393$181,332$172,734$164,574$156,079
6 years$164,946$155,470$146,543$138,137$130,222$122,052
7 years$139,959$130,563$121,778$113,570$105,905$98,065
8 years$121,228$111,917$103,277$95,271$87,859$80,348
9 years$106,667$97,444$88,953$81,150$73,990$66,805
10 years$95,025$85,892$77,551$69,952$63,043$56,181
11 years$85,506$76,465$68,275$60,879$54,219$47,674
12 years$77,579$68,630$60,592$53,399$46,985$40,751
13 years$70,877$62,022$54,135$47,143$40,972$35,042
14 years$65,137$56,376$48,641$41,849$35,916$30,281
15 years$60,167$51,501$43,916$37,322$31,623$26,276
16 years$55,823$47,251$39,816$33,417$27,949$22,881
17 years$51,993$43,516$36,231$30,025$24,781$19,984
18 years$48,593$40,211$33,074$27,059$22,034$17,498
19 years$45,555$37,267$30,278$24,450$19,640$15,355
20 years$42,823$34,630$27,788$22,144$17,542$13,499
21 years$40,355$32,257$25,559$20,097$15,698$11,888
22 years$38,115$30,111$23,557$18,273$14,071$10,484
23 years$36,072$28,162$21,751$16,642$12,631$9,257
24 years$34,202$26,386$20,116$15,178$11,353$8,182
25 years$32,485$24,762$18,631$13,862$10,216$7,240
26 years$30,902$23,272$17,279$12,674$9,202$6,411
27 years$29,439$21,902$16,045$11,601$8,297$5,681
28 years$28,083$20,638$14,916$10,629$7,486$5,038
29 years$26,822$19,470$13,881$9,747$6,760$4,470
30 years$25,648$18,387$12,930$8,945$6,108$3,968
31 years$24,552$17,382$12,054$8,216$5,522$3,524
32 years$23,526$16,447$11,246$7,550$4,995$3,131
33 years$22,565$15,575$10,501$6,943$4,521$2,783
34 years$21,662$14,762$9,811$6,388$4,093$2,474
35 years$20,812$14,001$9,173$5,881$3,707$2,200
36 years$20,012$13,289$8,581$5,416$3,359$1,957
37 years$19,256$12,622$8,032$4,990$3,044$1,741
38 years$18,542$11,995$7,521$4,600$2,760$1,549
39 years$17,867$11,406$7,047$4,241$2,503$1,379
40 years$17,226$10,852$6,605$3,912$2,270$1,228
41 years$16,619$10,330$6,193$3,609$2,060$1,093
42 years$16,042$9,838$5,810$3,331$1,869$973
43 years$15,493$9,374$5,451$3,075$1,696$867
44 years$14,971$8,935$5,117$2,839$1,540$772
45 years$14,473$8,520$4,805$2,622$1,398$687
46 years$13,998$8,128$4,513$2,422$1,269$612
47 years$13,545$7,757$4,240$2,237$1,152$545
48 years$13,112$7,405$3,984$2,068$1,046$486
49 years$12,698$7,071$3,745$1,911$950$433
50 years$12,302$6,755$3,521$1,766$863$386

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 $3,691 every year, while hoping to spend $41,018 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: 47/25/28 Blend
50$12,600,000$12,600,000$12,600,000$12,600,000
51$13,889,007$13,221,207$13,025,907$14,430,106
52$15,262,043$13,825,404$13,418,632$15,416,655
53$16,773,754$14,457,831$13,823,139$16,482,636
54$18,438,241$15,119,829$14,239,778$17,639,015
55$20,271,044$15,812,802$14,668,913$18,894,314
56$22,289,283$16,538,222$15,110,914$20,257,893
57$24,511,826$17,297,632$15,566,166$21,740,042
58$26,959,464$18,092,647$16,035,064$23,352,065
59$29,655,104$18,924,962$16,518,014$25,106,391
60$32,623,992$19,796,352$17,015,434$27,016,681
61$35,893,944$20,708,679$17,527,757$29,097,957
62$39,495,615$21,663,892$18,055,425$31,366,733
63$43,462,781$22,664,036$18,598,895$33,841,175
64$47,832,664$23,711,253$19,158,637$36,541,258
65$52,646,280$24,807,789$19,735,136$39,488,955
66$57,948,829$25,955,999$20,328,891$42,708,439
67$63,790,115$27,158,348$20,940,414$46,226,300
68$70,225,022$28,417,423$21,570,234$50,071,799
69$77,314,033$29,735,935$22,218,895$54,277,127
70$85,123,793$31,116,725$22,886,958$58,877,713
71$93,727,747$32,562,771$23,574,997$63,912,542
72$103,206,825$34,077,195$24,283,608$69,424,524
73$113,650,213$35,663,270$25,013,401$75,460,886
74$125,156,191$37,324,425$25,765,005$82,073,612
75$137,833,057$39,064,257$26,539,068$89,319,927
76$151,800,159$40,886,536$27,336,257$97,262,826
77$167,189,011$42,795,212$28,157,257$105,971,661
78$184,144,541$44,794,428$29,002,776$115,522,786
79$202,826,456$46,888,527$29,873,541$126,000,271
80$223,410,750$49,082,061$30,770,300$137,496,679
81$246,091,366$51,379,801$31,693,825$150,113,938
82$271,082,026$53,786,751$32,644,908$163,964,282
83$298,618,247$56,308,157$33,624,367$179,171,309
84$328,959,567$58,949,515$34,633,042$195,871,129
85$362,391,993$61,716,591$35,671,799$214,213,639
86$399,230,700$64,615,429$36,741,528$234,363,924
87$439,823,010$67,652,363$37,843,148$256,503,802
88$484,551,664$70,834,036$38,977,601$280,833,526
89$533,838,443$74,167,413$40,145,859$307,573,661
90$588,148,142$77,659,794$41,348,923$336,967,148
91$647,992,963$81,318,835$42,587,823$369,281,581
92$713,937,348$85,152,560$43,863,617$404,811,720
93$786,603,307$89,169,384$45,177,398$443,882,252
94$866,676,290$93,378,130$46,530,287$486,850,836
95$954,911,660$97,788,048$47,923,440$534,111,467
96$1,052,141,822$102,408,834$49,358,047$586,098,168
97$1,159,284,078$107,250,658$50,835,333$643,289,068
98$1,277,349,294$112,324,180$52,356,557$706,210,895
99$1,407,451,437$117,640,580$53,923,016$775,443,925
100$1,550,818,093$123,211,577$55,536,046$851,627,435