Can I retire at age 50 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%16.8%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$969,135
2 years$511,009$501,492$492,268$483,326$474,651$447,018
3 years$337,289$327,731$318,530$309,671$301,138$274,370
4 years$250,446$240,917$231,808$223,101$214,774$189,076
5 years$198,353$188,882$179,893$171,363$163,268$138,710
6 years$163,636$154,236$145,380$137,040$129,188$105,795
7 years$138,848$129,527$120,812$112,668$105,065$82,836
8 years$120,266$111,029$102,458$94,515$87,161$66,085
9 years$105,820$96,670$88,247$80,506$73,402$53,459
10 years$94,271$85,210$76,936$69,397$62,543$43,705
11 years$84,827$75,858$67,733$60,396$53,789$36,028
12 years$76,963$68,086$60,111$52,975$46,612$29,894
13 years$70,314$61,530$53,705$46,769$40,647$24,936
14 years$64,620$55,929$48,255$41,516$35,631$20,889
15 years$59,690$51,092$43,567$37,025$31,372$17,560
16 years$55,380$46,876$39,500$33,152$27,727$14,805
17 years$51,581$43,171$35,944$29,787$24,584$12,512
18 years$48,208$39,892$32,812$26,844$21,859$10,595
19 years$45,193$36,971$30,038$24,256$19,484$8,987
20 years$42,484$34,356$27,567$21,968$17,403$7,634
21 years$40,035$32,001$25,356$19,938$15,574$6,492
22 years$37,812$29,872$23,370$18,128$13,960$5,526
23 years$35,786$27,938$21,578$16,509$12,531$4,709
24 years$33,931$26,176$19,956$15,058$11,263$4,015
25 years$32,227$24,565$18,483$13,752$10,135$3,425
26 years$30,657$23,087$17,142$12,574$9,129$2,924
27 years$29,205$21,728$15,918$11,509$8,231$2,497
28 years$27,860$20,474$14,798$10,545$7,427$2,133
29 years$26,609$19,315$13,771$9,670$6,706$1,823
30 years$25,445$18,241$12,827$8,874$6,060$1,558
31 years$24,357$17,244$11,958$8,150$5,478$1,332
32 years$23,340$16,316$11,157$7,490$4,956$1,139
33 years$22,386$15,452$10,418$6,888$4,485$974
34 years$21,490$14,645$9,734$6,338$4,061$833
35 years$20,647$13,890$9,100$5,834$3,678$713
36 years$19,853$13,184$8,513$5,373$3,332$610
37 years$19,103$12,522$7,968$4,951$3,020$522
38 years$18,395$11,900$7,462$4,563$2,738$447
39 years$17,725$11,316$6,991$4,207$2,483$382
40 years$17,089$10,766$6,552$3,881$2,252$327
41 years$16,487$10,248$6,144$3,580$2,043$280
42 years$15,914$9,760$5,763$3,304$1,854$240
43 years$15,370$9,299$5,408$3,050$1,683$205
44 years$14,852$8,864$5,077$2,816$1,527$176
45 years$14,358$8,453$4,767$2,601$1,387$150
46 years$13,887$8,064$4,477$2,403$1,259$129
47 years$13,438$7,695$4,206$2,220$1,143$110
48 years$13,008$7,346$3,953$2,051$1,038$94
49 years$12,597$7,015$3,715$1,896$943$81
50 years$12,204$6,701$3,493$1,752$856$69

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $12,500,000, adding $3,975 every year, while hoping to spend $29,794 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: 48/43/9 Blend
49$12,500,000$12,500,000$12,500,000$12,500,000
50$13,779,100$13,116,600$12,922,850$14,406,817
51$15,152,868$13,727,613$13,324,065$15,449,029
52$16,665,761$14,367,567$13,737,722$16,576,502
53$18,331,940$15,037,849$14,164,207$17,799,933
54$20,167,006$15,739,911$14,603,916$19,128,266
55$22,188,153$16,475,280$15,057,260$20,571,322
56$24,414,326$17,245,550$15,524,660$22,139,883
57$26,866,404$18,052,398$16,006,552$23,845,787
58$29,567,390$18,897,579$16,503,384$25,702,037
59$32,542,636$19,782,932$17,015,620$27,722,916
60$35,820,078$20,710,389$17,543,736$29,924,115
61$39,430,498$21,681,970$18,088,224$32,322,876
62$43,407,820$22,699,798$18,649,590$34,938,147
63$47,789,424$23,766,094$19,228,358$37,790,751
64$52,616,502$24,883,190$19,825,065$40,903,580
65$57,934,449$26,053,530$20,440,268$44,301,798
66$63,793,284$27,279,674$21,074,538$48,013,074
67$70,248,131$28,564,310$21,728,467$52,067,831
68$77,359,731$29,910,252$22,402,662$56,499,528
69$85,195,023$31,320,454$23,097,751$61,344,961
70$93,827,770$32,798,011$23,814,380$66,644,605
71$103,339,257$34,346,168$24,553,216$72,442,982
72$113,819,059$35,968,328$25,314,946$78,789,074
73$125,365,885$37,668,058$26,100,279$85,736,768
74$138,088,512$39,449,099$26,909,945$93,345,359
75$152,106,809$41,315,374$27,744,697$101,680,091
76$167,552,870$43,270,994$28,605,311$110,812,765
77$184,572,262$45,320,271$29,492,588$120,822,398
78$203,325,394$47,467,727$30,407,351$131,795,958
79$223,989,040$49,718,100$31,350,452$143,829,166
80$246,757,997$52,076,362$32,322,768$157,027,389
81$271,846,933$54,547,725$33,325,201$171,506,611
82$299,492,409$57,137,652$34,358,684$187,394,515
83$329,955,112$59,851,874$35,424,177$204,831,668
84$363,522,317$62,696,399$36,522,670$223,972,829
85$400,510,597$65,677,527$37,655,184$244,988,391
86$441,268,816$68,801,864$38,822,771$268,065,966
87$486,181,416$72,076,336$40,026,515$293,412,133
88$535,672,052$75,508,208$41,267,534$321,254,371
89$590,207,587$79,105,096$42,546,982$351,843,173
90$650,302,502$82,874,986$43,866,047$385,454,393
91$716,523,750$86,826,254$45,225,953$422,391,820
92$789,496,114$90,967,681$46,627,963$462,990,015
93$869,908,097$95,308,477$48,073,379$507,617,446
94$958,518,429$99,858,298$49,563,543$556,679,930
95$1,056,163,225$104,627,271$51,099,839$610,624,438
96$1,163,763,882$109,626,016$52,683,691$669,943,273
97$1,282,335,774$114,865,667$54,316,571$735,178,687
98$1,412,997,841$120,357,902$55,999,994$806,927,964
99$1,556,983,148$126,114,967$57,735,522$885,849,015
100$1,715,650,532$132,149,703$59,524,764$972,666,552