Can I retire at age 51 with 12,700,000?

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 $12,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$1,048,754$1,039,412$1,030,298$1,021,402$1,012,716$999,647
2 years$519,185$509,516$500,145$491,059$482,246$469,097
3 years$342,685$332,974$323,627$314,626$305,956$293,138
4 years$254,453$244,771$235,517$226,670$218,211$205,820
5 years$201,527$191,904$182,771$174,105$165,880$153,954
6 years$166,255$156,704$147,706$139,233$131,255$119,808
7 years$141,070$131,600$122,745$114,471$106,746$95,781
8 years$122,190$112,805$104,097$96,027$88,556$78,073
9 years$107,513$98,217$89,659$81,794$74,577$64,571
10 years$95,779$86,574$78,167$70,507$63,543$54,008
11 years$86,184$77,071$68,817$61,362$54,649$45,575
12 years$78,195$69,175$61,073$53,823$47,358$38,735
13 years$71,439$62,514$54,565$47,517$41,297$33,114
14 years$65,654$56,824$49,027$42,181$36,201$28,445
15 years$60,645$51,909$44,264$37,618$31,874$24,533
16 years$56,266$47,626$40,132$33,683$28,170$21,231
17 years$52,406$43,862$36,519$30,264$24,978$18,426
18 years$48,979$40,530$33,337$27,274$22,209$16,030
19 years$45,916$37,563$30,518$24,644$19,795$13,975
20 years$43,163$34,905$28,008$22,320$17,682$12,206
21 years$40,676$32,513$25,762$20,257$15,823$10,677
22 years$38,417$30,350$23,744$18,418$14,183$9,352
23 years$36,358$28,385$21,923$16,774$12,732$8,201
24 years$34,474$26,595$20,275$15,299$11,443$7,199
25 years$32,743$24,958$18,779$13,972$10,297$6,325
26 years$31,147$23,457$17,417$12,775$9,276$5,561
27 years$29,672$22,076$16,173$11,693$8,363$4,893
28 years$28,306$20,802$15,035$10,713$7,546$4,307
29 years$27,035$19,624$13,991$9,824$6,814$3,794
30 years$25,852$18,533$13,032$9,016$6,157$3,343
31 years$24,747$17,520$12,150$8,281$5,566$2,947
32 years$23,713$16,577$11,336$7,610$5,035$2,599
33 years$22,744$15,699$10,584$6,998$4,557$2,293
34 years$21,834$14,879$9,889$6,439$4,126$2,023
35 years$20,977$14,112$9,246$5,927$3,737$1,786
36 years$20,171$13,395$8,649$5,459$3,386$1,576
37 years$19,409$12,722$8,095$5,030$3,068$1,392
38 years$18,689$12,090$7,581$4,636$2,782$1,229
39 years$18,008$11,497$7,103$4,275$2,523$1,086
40 years$17,363$10,938$6,657$3,943$2,288$959
41 years$16,751$10,412$6,242$3,638$2,076$847
42 years$16,169$9,916$5,856$3,357$1,884$748
43 years$15,616$9,448$5,495$3,099$1,710$661
44 years$15,089$9,006$5,158$2,861$1,552$584
45 years$14,588$8,588$4,843$2,643$1,409$516
46 years$14,109$8,193$4,549$2,441$1,279$456
47 years$13,653$7,818$4,273$2,255$1,161$403
48 years$13,216$7,464$4,016$2,084$1,055$357
49 years$12,799$7,127$3,775$1,926$958$315
50 years$12,400$6,808$3,549$1,780$870$279

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $12,700,000, adding $6,369 every year, while hoping to spend $54,621 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: 67/8/25 Blend
50$12,700,000$12,700,000$12,700,000$12,700,000
51$14,001,970$13,328,870$13,132,020$14,849,229
52$15,372,054$13,923,868$13,513,826$16,014,614
53$16,880,057$14,546,190$13,906,592$17,281,887
54$18,539,987$15,197,118$14,310,628$18,666,651
55$20,367,283$15,877,994$14,726,251$20,180,499
56$22,378,953$16,590,224$15,153,788$21,836,193
57$24,593,742$17,335,280$15,593,575$23,647,782
58$27,032,301$18,114,706$16,045,957$25,630,734
59$29,717,388$18,930,119$16,511,289$27,802,079
60$32,674,080$19,783,213$16,989,935$30,180,568
61$35,930,007$20,675,762$17,482,270$32,786,848
62$39,515,620$21,609,626$17,988,677$35,643,657
63$43,464,468$22,586,753$18,509,553$38,776,033
64$47,813,524$23,609,184$19,045,304$42,211,550
65$52,603,528$24,679,058$19,596,346$45,980,575
66$57,879,373$25,798,617$20,163,108$50,116,553
67$63,690,527$26,970,207$20,746,030$54,656,321
68$70,091,504$28,196,291$21,345,566$59,640,452
69$77,142,374$29,479,446$21,962,179$65,113,633
70$84,909,331$30,822,374$22,596,347$71,125,090
71$93,465,319$32,227,905$23,248,560$77,729,044
72$102,890,717$33,699,008$23,919,322$84,985,221
73$113,274,102$35,238,791$24,609,151$92,959,417
74$124,713,080$36,850,512$25,318,578$101,724,110
75$137,315,213$38,537,586$26,048,149$111,359,142
76$151,199,027$40,303,590$26,798,424$121,952,474
77$166,495,137$42,152,275$27,569,980$133,601,007
78$183,347,474$44,087,570$28,363,408$146,411,495
79$201,914,650$46,113,595$29,179,316$160,501,548
80$222,371,449$48,234,665$30,018,327$176,000,742
81$244,910,478$50,455,305$30,881,083$193,051,831
82$269,743,988$52,780,257$31,768,241$211,812,097
83$297,105,875$55,214,489$32,680,477$232,454,826
84$327,253,886$57,763,211$33,618,484$255,170,941
85$360,472,055$60,431,881$34,582,976$280,170,798
86$397,073,383$63,226,222$35,574,685$307,686,167
87$437,402,792$66,152,230$36,594,360$337,972,416
88$481,840,380$69,216,193$37,642,775$371,310,914
89$530,805,011$72,424,698$38,720,720$408,011,682
90$584,758,267$75,784,653$39,829,008$448,416,315
91$644,208,806$79,303,297$40,968,476$492,901,201
92$709,717,164$82,988,218$42,139,980$541,881,062
93$781,901,044$86,847,371$43,344,399$595,812,871
94$861,441,152$90,889,093$44,582,637$655,200,151
95$949,087,616$95,122,125$45,855,622$720,597,728
96$1,045,667,072$99,555,628$47,164,304$792,616,954
97$1,152,090,467$104,199,208$48,509,662$871,931,478
98$1,269,361,657$109,062,931$49,892,698$959,283,590
99$1,398,586,884$114,157,353$51,314,442$1,055,491,226
100$1,540,985,220$119,493,537$52,775,950$1,161,455,677