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%19.4%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$982,133
2 years$523,273$513,528$504,083$494,925$486,043$447,645
3 years$345,384$335,596$326,175$317,104$308,366$271,335
4 years$256,456$246,699$237,372$228,455$219,929$184,547
5 years$203,114$193,415$184,210$175,476$167,186$133,546
6 years$167,564$157,938$148,869$140,329$132,289$100,412
7 years$142,181$132,636$123,711$115,372$107,586$77,464
8 years$123,152$113,693$104,917$96,783$89,253$60,858
9 years$108,360$98,991$90,365$82,438$75,164$48,455
10 years$96,533$87,255$78,782$71,062$64,044$38,972
11 years$86,863$77,678$69,359$61,845$55,080$31,590
12 years$78,810$69,720$61,554$54,247$47,731$25,763
13 years$72,002$63,006$54,994$47,892$41,622$21,113
14 years$66,171$57,271$49,413$42,513$36,486$17,370
15 years$61,122$52,318$44,613$37,914$32,125$14,335
16 years$56,709$48,001$40,448$33,948$28,392$11,861
17 years$52,819$44,207$36,806$30,502$25,174$9,835
18 years$49,365$40,849$33,599$27,488$22,384$8,168
19 years$46,278$37,859$30,759$24,838$19,951$6,794
20 years$43,503$35,180$28,229$22,496$17,821$5,657
21 years$40,996$32,769$25,965$20,416$15,948$4,715
22 years$38,720$30,589$23,931$18,563$14,295$3,933
23 years$36,645$28,609$22,096$16,906$12,832$3,283
24 years$34,745$26,805$20,435$15,419$11,534$2,742
25 years$33,000$25,155$18,927$14,082$10,378$2,291
26 years$31,392$23,642$17,554$12,875$9,349$1,915
27 years$29,906$22,249$16,300$11,785$8,428$1,601
28 years$28,528$20,966$15,153$10,798$7,605$1,339
29 years$27,248$19,779$14,101$9,902$6,867$1,120
30 years$26,055$18,679$13,135$9,087$6,205$938
31 years$24,942$17,658$12,245$8,346$5,610$785
32 years$23,900$16,708$11,425$7,670$5,075$657
33 years$22,923$15,822$10,668$7,053$4,592$550
34 years$22,006$14,996$9,967$6,490$4,158$460
35 years$21,143$14,224$9,319$5,974$3,766$385
36 years$20,329$13,500$8,717$5,502$3,412$323
37 years$19,562$12,822$8,159$5,069$3,093$270
38 years$18,837$12,186$7,641$4,673$2,804$226
39 years$18,150$11,587$7,159$4,308$2,543$189
40 years$17,500$11,024$6,710$3,974$2,306$159
41 years$16,882$10,494$6,292$3,666$2,092$133
42 years$16,296$9,994$5,902$3,384$1,898$111
43 years$15,739$9,523$5,538$3,123$1,723$93
44 years$15,208$9,077$5,198$2,884$1,564$78
45 years$14,703$8,656$4,881$2,663$1,420$65
46 years$14,220$8,257$4,584$2,460$1,289$55
47 years$13,760$7,880$4,307$2,273$1,171$46
48 years$13,320$7,522$4,047$2,100$1,063$38
49 years$12,900$7,184$3,804$1,941$965$32
50 years$12,497$6,862$3,577$1,794$877$27

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 $2,006 every year, while hoping to spend $40,422 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: 71/9/20 Blend
50$12,800,000$12,800,000$12,800,000$12,800,000
51$14,107,669$13,429,269$13,230,869$15,040,628
52$15,503,643$14,044,295$13,631,095$16,277,422
53$17,040,651$14,688,102$14,043,373$17,626,121
54$18,733,036$15,362,058$14,468,065$19,101,806
55$20,596,604$16,067,596$14,905,543$20,717,055
56$22,648,768$16,806,219$15,356,189$22,485,715
57$24,908,719$17,579,501$15,820,398$24,423,032
58$27,397,604$18,389,091$16,298,577$26,545,790
59$30,138,722$19,236,720$16,791,142$28,872,471
60$33,157,752$20,124,199$17,298,525$31,423,423
61$36,482,986$21,053,429$17,821,170$34,221,057
62$40,145,603$22,026,399$18,359,531$37,290,049
63$44,179,960$23,045,198$18,914,081$40,657,575
64$48,623,916$24,112,012$19,485,302$44,353,564
65$53,519,189$25,229,135$20,073,694$48,410,976
66$58,911,753$26,398,969$20,679,769$52,866,115
67$64,852,267$27,624,034$21,304,057$57,758,965
68$71,396,556$28,906,969$21,947,100$63,133,567
69$78,606,137$30,250,543$22,609,461$69,038,430
70$86,548,801$31,657,657$23,291,715$75,526,988
71$95,299,248$33,131,352$23,994,457$82,658,099
72$104,939,799$34,674,816$24,718,299$90,496,599
73$115,561,167$36,291,390$25,463,870$99,113,911
74$127,263,316$37,984,578$26,231,820$108,588,712
75$140,156,403$39,758,052$27,022,815$119,007,678
76$154,361,821$41,615,661$27,837,544$130,466,293
77$170,013,340$43,561,441$28,676,715$143,069,750
78$187,258,371$45,599,623$29,541,056$156,933,938
79$206,259,362$47,734,641$30,431,318$172,186,531
80$227,195,324$49,971,146$31,348,274$188,968,191
81$250,263,525$52,314,010$32,292,720$207,433,889
82$275,681,353$54,768,345$33,265,474$227,754,366
83$303,688,364$57,339,507$34,267,380$250,117,736
84$334,548,547$60,033,112$35,299,307$274,731,259
85$368,552,813$62,855,049$36,362,149$301,823,291
86$406,021,745$65,811,491$37,456,825$331,645,434
87$447,308,618$68,908,910$38,584,284$364,474,908
88$492,802,742$72,154,091$39,745,502$400,617,157
89$542,933,128$75,554,148$40,941,483$440,408,728
90$598,172,546$79,116,540$42,173,262$484,220,443
91$659,041,982$82,849,087$43,441,902$532,460,893
92$726,115,559$86,759,987$44,748,501$585,580,282
93$800,025,957$90,857,837$46,094,187$644,074,678
94$881,470,383$95,151,650$47,480,121$708,490,682
95$971,217,158$99,650,876$48,907,500$779,430,580
96$1,070,112,962$104,365,423$50,377,555$857,558,026
97$1,179,090,835$109,305,680$51,891,555$943,604,290
98$1,299,178,982$114,482,540$53,450,803$1,038,375,158
99$1,431,510,477$119,907,423$55,056,644$1,142,758,528
100$1,577,333,964$125,592,306$56,710,461$1,257,732,782