Can I retire at age 51 with 12,800,000?

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 $12,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$1,005,022
2 years$523,273$513,528$504,083$494,925$486,043$470,296
3 years$345,384$335,596$326,175$317,104$308,366$293,029
4 years$256,456$246,699$237,372$228,455$219,929$205,121
5 years$203,114$193,415$184,210$175,476$167,186$152,950
6 years$167,564$157,938$148,869$140,329$132,289$118,641
7 years$142,181$132,636$123,711$115,372$107,586$94,531
8 years$123,152$113,693$104,917$96,783$89,253$76,788
9 years$108,360$98,991$90,365$82,438$75,164$63,283
10 years$96,533$87,255$78,782$71,062$64,044$52,738
11 years$86,863$77,678$69,359$61,845$55,080$44,337
12 years$78,810$69,720$61,554$54,247$47,731$37,538
13 years$72,002$63,006$54,994$47,892$41,622$31,965
14 years$66,171$57,271$49,413$42,513$36,486$27,349
15 years$61,122$52,318$44,613$37,914$32,125$23,491
16 years$56,709$48,001$40,448$33,948$28,392$20,244
17 years$52,819$44,207$36,806$30,502$25,174$17,495
18 years$49,365$40,849$33,599$27,488$22,384$15,155
19 years$46,278$37,859$30,759$24,838$19,951$13,155
20 years$43,503$35,180$28,229$22,496$17,821$11,438
21 years$40,996$32,769$25,965$20,416$15,948$9,960
22 years$38,720$30,589$23,931$18,563$14,295$8,684
23 years$36,645$28,609$22,096$16,906$12,832$7,580
24 years$34,745$26,805$20,435$15,419$11,534$6,623
25 years$33,000$25,155$18,927$14,082$10,378$5,791
26 years$31,392$23,642$17,554$12,875$9,349$5,068
27 years$29,906$22,249$16,300$11,785$8,428$4,438
28 years$28,528$20,966$15,153$10,798$7,605$3,888
29 years$27,248$19,779$14,101$9,902$6,867$3,408
30 years$26,055$18,679$13,135$9,087$6,205$2,988
31 years$24,942$17,658$12,245$8,346$5,610$2,621
32 years$23,900$16,708$11,425$7,670$5,075$2,300
33 years$22,923$15,822$10,668$7,053$4,592$2,019
34 years$22,006$14,996$9,967$6,490$4,158$1,773
35 years$21,143$14,224$9,319$5,974$3,766$1,557
36 years$20,329$13,500$8,717$5,502$3,412$1,367
37 years$19,562$12,822$8,159$5,069$3,093$1,201
38 years$18,837$12,186$7,641$4,673$2,804$1,055
39 years$18,150$11,587$7,159$4,308$2,543$927
40 years$17,500$11,024$6,710$3,974$2,306$815
41 years$16,882$10,494$6,292$3,666$2,092$716
42 years$16,296$9,994$5,902$3,384$1,898$629
43 years$15,739$9,523$5,538$3,123$1,723$553
44 years$15,208$9,077$5,198$2,884$1,564$486
45 years$14,703$8,656$4,881$2,663$1,420$428
46 years$14,220$8,257$4,584$2,460$1,289$376
47 years$13,760$7,880$4,307$2,273$1,171$331
48 years$13,320$7,522$4,047$2,100$1,063$291
49 years$12,900$7,184$3,804$1,941$965$256
50 years$12,497$6,862$3,577$1,794$877$225

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $12,800,000, adding $2,528 every year, while hoping to spend $37,003 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: 46/40/14 Blend
50$12,800,000$12,800,000$12,800,000$12,800,000
51$14,108,208$13,429,808$13,231,408$14,701,147
52$15,507,874$14,048,497$13,635,289$15,731,694
53$17,049,066$14,696,263$14,051,460$16,845,062
54$18,746,180$15,374,489$14,480,294$18,052,086
55$20,615,081$16,084,629$14,922,173$19,361,473
56$22,673,248$16,828,205$15,377,495$20,782,781
57$24,939,944$17,606,812$15,846,666$22,326,503
58$27,436,396$18,422,123$16,330,107$24,004,160
59$30,185,991$19,275,890$16,828,248$25,828,408
60$33,214,504$20,169,950$17,341,536$27,813,148
61$36,550,336$21,106,231$17,870,431$29,973,650
62$40,224,784$22,086,749$18,415,403$32,326,695
63$44,272,334$23,113,622$18,976,941$34,890,724
64$48,730,989$24,189,067$19,555,546$37,686,005
65$53,642,628$25,315,409$20,151,736$40,734,817
66$59,053,399$26,495,087$20,766,041$44,061,654
67$65,014,153$27,730,654$21,399,011$47,693,444
68$71,580,930$29,024,789$22,051,211$51,659,801
69$78,815,480$30,380,299$22,723,222$55,993,290
70$86,785,854$31,800,129$23,415,645$60,729,729
71$95,567,039$33,287,362$24,129,097$65,908,514
72$105,241,668$34,845,235$24,864,213$71,572,983
73$115,900,804$36,477,137$25,621,650$77,770,816
74$127,644,793$38,186,624$26,402,082$84,554,470
75$140,584,216$39,977,422$27,206,205$91,981,664
76$154,840,928$41,853,438$28,034,736$100,115,913
77$170,549,215$43,818,768$28,888,411$109,027,115
78$187,857,053$45,877,707$29,767,992$118,792,193
79$206,927,514$48,034,756$30,674,261$129,495,815
80$227,940,296$50,294,635$31,608,024$141,231,170
81$251,093,427$52,662,292$32,570,114$154,100,839
82$276,605,129$55,142,917$33,561,384$168,217,745
83$304,715,879$57,741,947$34,582,718$183,706,201
84$335,690,683$60,465,086$35,635,023$200,703,066
85$369,821,570$63,318,313$36,719,234$219,359,023
86$407,430,357$66,307,897$37,836,315$239,839,975
87$448,871,681$69,440,411$38,987,259$262,328,597
88$494,536,347$72,722,746$40,173,087$287,026,036
89$544,855,021$76,162,128$41,394,852$314,153,790
90$600,302,294$79,766,132$42,653,640$343,955,773
91$661,401,157$83,542,702$43,950,567$376,700,598
92$728,727,948$87,500,168$45,286,784$412,684,080
93$802,917,784$91,647,261$46,663,476$452,232,011
94$884,670,560$95,993,138$48,081,864$495,703,200
95$974,757,556$100,547,401$49,543,206$543,492,835
96$1,074,028,720$105,320,117$51,048,796$596,036,184
97$1,183,420,688$110,321,842$52,599,970$653,812,670
98$1,303,965,630$115,563,644$54,198,101$717,350,362
99$1,436,800,991$121,057,129$55,844,604$787,230,930
100$1,583,180,231$126,814,467$57,540,937$864,095,095