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%19.5%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$958,734
2 years$511,009$501,492$492,268$483,326$474,651$436,781
3 years$337,289$327,731$318,530$309,671$301,138$264,623
4 years$250,446$240,917$231,808$223,101$214,774$179,892
5 years$198,353$188,882$179,893$171,363$163,268$130,108
6 years$163,636$154,236$145,380$137,040$129,188$97,773
7 years$138,848$129,527$120,812$112,668$105,065$75,385
8 years$120,266$111,029$102,458$94,515$87,161$59,189
9 years$105,820$96,670$88,247$80,506$73,402$47,098
10 years$94,271$85,210$76,936$69,397$62,543$37,856
11 years$84,827$75,858$67,733$60,396$53,789$30,665
12 years$76,963$68,086$60,111$52,975$46,612$24,993
13 years$70,314$61,530$53,705$46,769$40,647$20,468
14 years$64,620$55,929$48,255$41,516$35,631$16,827
15 years$59,690$51,092$43,567$37,025$31,372$13,878
16 years$55,380$46,876$39,500$33,152$27,727$11,474
17 years$51,581$43,171$35,944$29,787$24,584$9,506
18 years$48,208$39,892$32,812$26,844$21,859$7,890
19 years$45,193$36,971$30,038$24,256$19,484$6,557
20 years$42,484$34,356$27,567$21,968$17,403$5,456
21 years$40,035$32,001$25,356$19,938$15,574$4,544
22 years$37,812$29,872$23,370$18,128$13,960$3,787
23 years$35,786$27,938$21,578$16,509$12,531$3,159
24 years$33,931$26,176$19,956$15,058$11,263$2,636
25 years$32,227$24,565$18,483$13,752$10,135$2,201
26 years$30,657$23,087$17,142$12,574$9,129$1,838
27 years$29,205$21,728$15,918$11,509$8,231$1,536
28 years$27,860$20,474$14,798$10,545$7,427$1,284
29 years$26,609$19,315$13,771$9,670$6,706$1,073
30 years$25,445$18,241$12,827$8,874$6,060$897
31 years$24,357$17,244$11,958$8,150$5,478$750
32 years$23,340$16,316$11,157$7,490$4,956$627
33 years$22,386$15,452$10,418$6,888$4,485$525
34 years$21,490$14,645$9,734$6,338$4,061$439
35 years$20,647$13,890$9,100$5,834$3,678$367
36 years$19,853$13,184$8,513$5,373$3,332$307
37 years$19,103$12,522$7,968$4,951$3,020$257
38 years$18,395$11,900$7,462$4,563$2,738$215
39 years$17,725$11,316$6,991$4,207$2,483$180
40 years$17,089$10,766$6,552$3,881$2,252$150
41 years$16,487$10,248$6,144$3,580$2,043$126
42 years$15,914$9,760$5,763$3,304$1,854$105
43 years$15,370$9,299$5,408$3,050$1,683$88
44 years$14,852$8,864$5,077$2,816$1,527$74
45 years$14,358$8,453$4,767$2,601$1,387$62
46 years$13,887$8,064$4,477$2,403$1,259$52
47 years$13,438$7,695$4,206$2,220$1,143$43
48 years$13,008$7,346$3,953$2,051$1,038$36
49 years$12,597$7,015$3,715$1,896$943$30
50 years$12,204$6,701$3,493$1,752$856$25

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 $3,121 every year, while hoping to spend $46,997 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: 47/34/19 Blend
54$12,500,000$12,500,000$12,500,000$12,500,000
55$13,778,219$13,115,719$12,921,969$14,351,337
56$15,133,593$13,708,385$13,304,851$15,343,682
57$16,625,640$14,328,516$13,698,984$16,415,154
58$18,268,251$14,977,409$14,104,695$17,577,145
59$20,076,732$15,656,422$14,522,322$18,838,133
60$22,067,950$16,366,978$14,952,211$20,207,429
61$24,260,489$17,110,568$15,394,718$21,695,260
62$26,674,827$17,888,754$15,850,210$23,312,864
63$29,333,531$18,703,174$16,319,063$25,072,585
64$32,261,465$19,555,544$16,801,665$26,987,990
65$35,486,030$20,447,661$17,298,417$29,073,992
66$39,037,418$21,381,409$17,809,727$31,346,979
67$42,948,900$22,358,763$18,336,018$33,824,973
68$47,257,137$23,381,792$18,877,724$36,527,785
69$52,002,530$24,452,665$19,435,292$39,477,199
70$57,229,595$25,573,652$20,009,181$42,697,176
71$62,987,389$26,747,136$20,599,864$46,214,065
72$69,329,970$27,975,613$21,207,827$50,056,850
73$76,316,907$29,261,699$21,833,569$54,257,417
74$84,013,842$30,608,133$22,477,605$58,850,843
75$92,493,113$32,017,790$23,140,464$63,875,722
76$101,834,430$33,493,681$23,822,689$69,374,522
77$112,125,632$35,038,962$24,524,839$75,393,972
78$123,463,516$36,656,940$25,247,490$81,985,502
79$135,954,747$38,351,083$25,991,234$89,205,709
80$149,716,870$40,125,025$26,756,679$97,116,892
81$164,879,413$41,982,573$27,544,450$105,787,619
82$181,585,115$43,927,722$28,355,192$115,293,371
83$199,991,272$45,964,655$29,189,565$125,717,240
84$220,271,217$48,097,758$30,048,251$137,150,702
85$242,615,963$50,331,630$30,931,949$149,694,466
86$267,236,001$52,671,090$31,841,379$163,459,415
87$294,363,289$55,121,189$32,777,281$178,567,637
88$324,253,440$57,687,224$33,740,416$195,153,563
89$357,188,138$60,374,745$34,731,567$213,365,220
90$393,477,792$63,189,571$35,751,538$233,365,616
91$433,464,468$66,137,802$36,801,157$255,334,261
92$477,525,122$69,225,832$37,881,274$279,468,841
93$526,075,152$72,460,365$38,992,764$305,987,072
94$579,572,323$75,848,429$40,136,527$335,128,730
95$638,521,087$79,397,388$41,313,487$367,157,902
96$703,477,344$83,114,967$42,524,596$402,365,451
97$775,053,694$87,009,261$43,770,830$441,071,748
98$853,925,214$91,088,758$45,053,196$483,629,667
99$940,835,834$95,362,355$46,372,726$530,427,896
100$1,036,605,360$99,839,382$47,730,484$581,894,581