Can I retire at age 55 with 12,500,000?

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 $12,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$991,733
2 years$511,009$501,492$492,268$483,326$474,651$469,571
3 years$337,289$327,731$318,530$309,671$301,138$296,169
4 years$250,446$240,917$231,808$223,101$214,774$209,954
5 years$198,353$188,882$179,893$171,363$163,268$158,611
6 years$163,636$154,236$145,380$137,040$129,188$124,701
7 years$138,848$129,527$120,812$112,668$105,065$100,749
8 years$120,266$111,029$102,458$94,515$87,161$83,017
9 years$105,820$96,670$88,247$80,506$73,402$69,429
10 years$94,271$85,210$76,936$69,397$62,543$58,738
11 years$84,827$75,858$67,733$60,396$53,789$50,151
12 years$76,963$68,086$60,111$52,975$46,612$43,138
13 years$70,314$61,530$53,705$46,769$40,647$37,333
14 years$64,620$55,929$48,255$41,516$35,631$32,473
15 years$59,690$51,092$43,567$37,025$31,372$28,367
16 years$55,380$46,876$39,500$33,152$27,727$24,871
17 years$51,581$43,171$35,944$29,787$24,584$21,872
18 years$48,208$39,892$32,812$26,844$21,859$19,287
19 years$45,193$36,971$30,038$24,256$19,484$17,046
20 years$42,484$34,356$27,567$21,968$17,403$15,096
21 years$40,035$32,001$25,356$19,938$15,574$13,392
22 years$37,812$29,872$23,370$18,128$13,960$11,899
23 years$35,786$27,938$21,578$16,509$12,531$10,586
24 years$33,931$26,176$19,956$15,058$11,263$9,429
25 years$32,227$24,565$18,483$13,752$10,135$8,408
26 years$30,657$23,087$17,142$12,574$9,129$7,504
27 years$29,205$21,728$15,918$11,509$8,231$6,702
28 years$27,860$20,474$14,798$10,545$7,427$5,991
29 years$26,609$19,315$13,771$9,670$6,706$5,358
30 years$25,445$18,241$12,827$8,874$6,060$4,795
31 years$24,357$17,244$11,958$8,150$5,478$4,294
32 years$23,340$16,316$11,157$7,490$4,956$3,846
33 years$22,386$15,452$10,418$6,888$4,485$3,447
34 years$21,490$14,645$9,734$6,338$4,061$3,090
35 years$20,647$13,890$9,100$5,834$3,678$2,771
36 years$19,853$13,184$8,513$5,373$3,332$2,486
37 years$19,103$12,522$7,968$4,951$3,020$2,230
38 years$18,395$11,900$7,462$4,563$2,738$2,002
39 years$17,725$11,316$6,991$4,207$2,483$1,797
40 years$17,089$10,766$6,552$3,881$2,252$1,613
41 years$16,487$10,248$6,144$3,580$2,043$1,449
42 years$15,914$9,760$5,763$3,304$1,854$1,301
43 years$15,370$9,299$5,408$3,050$1,683$1,169
44 years$14,852$8,864$5,077$2,816$1,527$1,050
45 years$14,358$8,453$4,767$2,601$1,387$943
46 years$13,887$8,064$4,477$2,403$1,259$847
47 years$13,438$7,695$4,206$2,220$1,143$761
48 years$13,008$7,346$3,953$2,051$1,038$684
49 years$12,597$7,015$3,715$1,896$943$615
50 years$12,204$6,701$3,493$1,752$856$553

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $12,500,000, adding $2,825 every year, while hoping to spend $43,862 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: 72/7/21 Blend
54$12,500,000$12,500,000$12,500,000$12,500,000
55$13,777,914$13,115,414$12,921,664$14,699,222
56$15,136,592$13,711,400$13,307,871$15,908,996
57$16,632,386$14,335,120$13,705,546$17,228,050
58$18,279,234$14,987,886$14,115,026$18,671,657
59$20,092,496$15,671,073$14,536,660$20,252,179
60$22,089,098$16,386,123$14,970,805$21,983,229
61$24,287,689$17,134,545$15,417,830$23,879,795
62$26,708,820$17,917,924$15,878,114$25,958,382
63$29,375,135$18,737,918$16,352,046$28,237,164
64$32,311,588$19,596,265$16,840,029$30,736,154
65$35,545,675$20,494,787$17,342,475$33,477,393
66$39,107,695$21,435,394$17,859,809$36,485,154
67$43,031,037$22,420,085$18,392,470$39,786,170
68$47,352,492$23,450,958$18,940,907$43,409,886
69$52,112,603$24,530,212$19,505,584$47,388,732
70$57,356,044$25,660,148$20,086,977$51,758,426
71$63,132,048$26,843,182$20,685,578$56,558,317
72$69,494,863$28,081,844$21,301,891$61,831,741
73$76,504,270$29,378,786$21,936,435$67,626,441
74$84,226,147$30,736,787$22,589,747$73,995,005
75$92,733,085$32,158,762$23,262,375$80,995,365
76$102,105,081$33,647,763$23,954,886$88,691,341
77$112,430,288$35,206,991$24,667,863$97,153,237
78$123,805,846$36,839,802$25,401,905$106,458,506
79$136,338,802$38,549,712$26,157,629$116,692,477
80$150,147,120$40,340,408$26,935,669$127,949,153
81$165,360,791$42,215,754$27,736,679$140,332,102
82$182,123,066$44,179,799$28,561,332$153,955,427
83$200,591,799$46,236,790$29,410,317$168,944,839
84$220,940,947$48,391,177$30,284,347$185,438,844
85$243,362,205$50,647,626$31,184,154$203,590,041
86$268,066,817$53,011,027$32,110,491$223,566,564
87$295,287,573$55,486,508$33,064,132$245,553,661
88$325,281,000$58,079,442$34,045,876$269,755,441
89$358,329,792$60,795,464$35,056,542$296,396,794
90$394,745,469$63,640,480$36,096,974$325,725,512
91$434,871,325$66,620,682$37,168,041$358,014,621
92$479,085,666$69,742,561$38,270,636$393,564,954
93$527,805,379$73,012,922$39,405,679$432,707,987
94$581,489,873$76,438,900$40,574,114$475,808,960
95$640,645,407$80,027,974$41,776,914$523,270,324
96$705,829,879$83,787,984$43,015,080$575,535,528
97$777,658,083$87,727,152$44,289,643$633,093,202
98$856,807,522$91,854,097$45,601,660$696,481,768
99$944,024,795$96,177,854$46,952,221$766,294,508
100$1,040,132,652$100,707,896$48,342,448$843,185,163