Can I retire at age 51 with 12,100,000?

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 $12,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$999,207$990,306$981,623$973,147$964,871$954,795
2 years$494,657$485,444$476,516$467,859$459,462$449,315
3 years$326,495$317,243$308,337$299,762$291,502$281,598
4 years$242,431$233,207$224,391$215,962$207,902$198,318
5 years$192,006$182,837$174,136$165,879$158,043$148,809
6 years$158,400$149,300$140,728$132,655$125,054$116,179
7 years$134,405$125,382$116,946$109,063$101,703$93,191
8 years$116,417$107,476$99,179$91,490$84,372$76,223
9 years$102,434$93,577$85,423$77,929$71,054$63,265
10 years$91,254$82,484$74,474$67,176$60,541$53,107
11 years$82,113$73,430$65,565$58,463$52,067$44,983
12 years$74,500$65,907$58,188$51,280$45,121$38,377
13 years$68,064$59,561$51,987$45,273$39,346$32,936
14 years$62,552$54,139$46,710$40,188$34,490$28,406
15 years$57,780$49,457$42,173$35,841$30,368$24,599
16 years$53,608$45,376$38,236$32,091$26,839$21,376
17 years$49,930$41,789$34,793$28,834$23,798$18,630
18 years$46,665$38,615$31,762$25,985$21,160$16,278
19 years$43,747$35,788$29,077$23,480$18,860$14,253
20 years$41,124$33,256$26,685$21,265$16,846$12,504
21 years$38,754$30,977$24,545$19,300$15,076$10,987
22 years$36,602$28,916$22,622$17,548$13,513$9,667
23 years$34,641$27,044$20,887$15,981$12,130$8,516
24 years$32,845$25,339$19,317$14,576$10,903$7,510
25 years$31,196$23,779$17,892$13,311$9,811$6,630
26 years$29,676$22,349$16,594$12,171$8,837$5,857
27 years$28,271$21,033$15,409$11,141$7,968$5,178
28 years$26,968$19,819$14,324$10,207$7,189$4,580
29 years$25,758$18,697$13,330$9,360$6,492$4,054
30 years$24,630$17,657$12,416$8,590$5,866$3,590
31 years$23,578$16,692$11,576$7,890$5,303$3,181
32 years$22,593$15,794$10,800$7,251$4,797$2,819
33 years$21,669$14,957$10,084$6,668$4,341$2,499
34 years$20,802$14,176$9,422$6,135$3,931$2,216
35 years$19,986$13,446$8,809$5,647$3,560$1,966
36 years$19,218$12,762$8,241$5,201$3,226$1,744
37 years$18,492$12,121$7,713$4,792$2,924$1,548
38 years$17,806$11,519$7,223$4,417$2,650$1,374
39 years$17,158$10,954$6,767$4,073$2,403$1,220
40 years$16,543$10,421$6,343$3,757$2,180$1,083
41 years$15,959$9,920$5,948$3,466$1,978$962
42 years$15,405$9,448$5,579$3,199$1,795$854
43 years$14,878$9,002$5,235$2,953$1,629$759
44 years$14,377$8,581$4,914$2,726$1,478$674
45 years$13,899$8,182$4,614$2,518$1,342$599
46 years$13,443$7,806$4,334$2,326$1,219$532
47 years$13,008$7,449$4,071$2,149$1,107$472
48 years$12,592$7,111$3,826$1,985$1,005$420
49 years$12,194$6,791$3,596$1,835$913$373
50 years$11,814$6,487$3,381$1,696$829$331

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $12,100,000, adding $3,167 every year, while hoping to spend $51,837 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: 35/39/26 Blend
50$12,100,000$12,100,000$12,100,000$12,100,000
51$13,337,467$12,696,167$12,508,617$13,699,373
52$14,642,734$13,263,125$12,872,501$14,536,253
53$16,079,402$13,856,126$13,246,839$15,433,677
54$17,660,817$14,476,393$13,631,924$16,400,976
55$19,401,688$15,125,204$14,028,061$17,444,429
56$21,318,221$15,803,900$14,435,562$18,570,918
57$23,428,274$16,513,886$14,854,748$19,787,992
58$25,751,524$17,256,631$15,285,948$21,103,930
59$28,309,652$18,033,679$15,729,500$22,527,818
60$31,126,551$18,846,644$16,185,752$24,069,624
61$34,228,546$19,697,217$16,655,062$25,740,292
62$37,644,649$20,587,171$17,137,798$27,551,834
63$41,406,825$21,518,364$17,634,336$29,517,441
64$45,550,299$22,492,742$18,145,064$31,651,599
65$50,113,887$23,512,344$18,670,381$33,970,223
66$55,140,361$24,579,306$19,210,696$36,490,792
67$60,676,853$25,695,867$19,766,430$39,232,514
68$66,775,301$26,864,374$20,338,014$42,216,500
69$73,492,936$28,087,283$20,925,893$45,465,946
70$80,892,828$29,367,172$21,530,522$49,006,356
71$89,044,472$30,706,739$22,152,370$52,865,765
72$98,024,451$32,108,812$22,791,918$57,074,998
73$107,917,158$33,576,357$23,449,660$61,667,949
74$118,815,589$35,112,479$24,126,104$66,681,896
75$130,822,223$36,720,434$24,821,772$72,157,836
76$144,049,987$38,403,634$25,537,199$78,140,866
77$158,623,327$40,165,652$26,272,936$84,680,595
78$174,679,374$42,010,238$27,029,548$91,831,600
79$192,369,248$43,941,316$27,807,615$99,653,929
80$211,859,474$45,963,004$28,607,733$108,213,657
81$233,333,563$48,079,614$29,430,515$117,583,492
82$256,993,739$50,295,668$30,276,590$127,843,451
83$283,062,848$52,615,903$31,146,603$139,081,599
84$311,786,461$55,045,285$32,041,217$151,394,862
85$343,435,196$57,589,020$32,961,114$164,889,929
86$378,307,268$60,252,563$33,906,993$179,684,244
87$416,731,303$63,041,633$34,879,571$195,907,089
88$459,069,446$65,962,223$35,879,587$213,700,794
89$505,720,774$69,020,616$36,907,797$233,222,058
90$557,125,064$72,223,397$37,964,979$254,643,405
91$613,766,945$75,577,468$39,051,931$278,154,796
92$676,180,475$79,090,066$40,169,472$303,965,398
93$744,954,177$82,768,773$41,318,443$332,305,533
94$820,736,602$86,621,541$42,499,709$363,428,831
95$904,242,442$90,656,703$43,714,156$397,614,599
96$996,259,285$94,882,996$44,962,694$435,170,427
97$1,097,655,045$99,309,576$46,246,258$476,435,069
98$1,209,386,159$103,946,044$47,565,807$521,781,606
99$1,332,506,610$108,802,464$48,922,325$571,620,944
100$1,468,177,884$113,889,385$50,316,822$626,405,654