Can I retire at age 51 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%16.3%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$971,095
2 years$511,009$501,492$492,268$483,326$474,651$448,957
3 years$337,289$327,731$318,530$309,671$301,138$276,227
4 years$250,446$240,917$231,808$223,101$214,774$190,837
5 years$198,353$188,882$179,893$171,363$163,268$140,371
6 years$163,636$154,236$145,380$137,040$129,188$107,354
7 years$138,848$129,527$120,812$112,668$105,065$84,295
8 years$120,266$111,029$102,458$94,515$87,161$67,447
9 years$105,820$96,670$88,247$80,506$73,402$54,726
10 years$94,271$85,210$76,936$69,397$62,543$44,881
11 years$84,827$75,858$67,733$60,396$53,789$37,116
12 years$76,963$68,086$60,111$52,975$46,612$30,898
13 years$70,314$61,530$53,705$46,769$40,647$25,860
14 years$64,620$55,929$48,255$41,516$35,631$21,738
15 years$59,690$51,092$43,567$37,025$31,372$18,338
16 years$55,380$46,876$39,500$33,152$27,727$15,516
17 years$51,581$43,171$35,944$29,787$24,584$13,161
18 years$48,208$39,892$32,812$26,844$21,859$11,186
19 years$45,193$36,971$30,038$24,256$19,484$9,524
20 years$42,484$34,356$27,567$21,968$17,403$8,120
21 years$40,035$32,001$25,356$19,938$15,574$6,933
22 years$37,812$29,872$23,370$18,128$13,960$5,925
23 years$35,786$27,938$21,578$16,509$12,531$5,068
24 years$33,931$26,176$19,956$15,058$11,263$4,338
25 years$32,227$24,565$18,483$13,752$10,135$3,716
26 years$30,657$23,087$17,142$12,574$9,129$3,184
27 years$29,205$21,728$15,918$11,509$8,231$2,730
28 years$27,860$20,474$14,798$10,545$7,427$2,342
29 years$26,609$19,315$13,771$9,670$6,706$2,010
30 years$25,445$18,241$12,827$8,874$6,060$1,725
31 years$24,357$17,244$11,958$8,150$5,478$1,481
32 years$23,340$16,316$11,157$7,490$4,956$1,272
33 years$22,386$15,452$10,418$6,888$4,485$1,092
34 years$21,490$14,645$9,734$6,338$4,061$938
35 years$20,647$13,890$9,100$5,834$3,678$806
36 years$19,853$13,184$8,513$5,373$3,332$693
37 years$19,103$12,522$7,968$4,951$3,020$595
38 years$18,395$11,900$7,462$4,563$2,738$511
39 years$17,725$11,316$6,991$4,207$2,483$440
40 years$17,089$10,766$6,552$3,881$2,252$378
41 years$16,487$10,248$6,144$3,580$2,043$325
42 years$15,914$9,760$5,763$3,304$1,854$279
43 years$15,370$9,299$5,408$3,050$1,683$240
44 years$14,852$8,864$5,077$2,816$1,527$206
45 years$14,358$8,453$4,767$2,601$1,387$177
46 years$13,887$8,064$4,477$2,403$1,259$152
47 years$13,438$7,695$4,206$2,220$1,143$131
48 years$13,008$7,346$3,953$2,051$1,038$113
49 years$12,597$7,015$3,715$1,896$943$97
50 years$12,204$6,701$3,493$1,752$856$83

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $12,500,000, adding $4,213 every year, while hoping to spend $20,393 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: 50/28/22 Blend
50$12,500,000$12,500,000$12,500,000$12,500,000
51$13,779,346$13,116,846$12,923,096$14,383,110
52$15,163,141$13,737,873$13,334,321$15,423,368
53$16,687,400$14,388,647$13,758,640$16,550,906
54$18,366,428$15,070,605$14,196,468$17,775,955
55$20,215,990$15,785,251$14,648,236$19,107,740
56$22,253,457$16,534,164$15,114,388$20,556,399
57$24,497,972$17,319,000$15,595,382$22,133,068
58$26,970,630$18,141,496$16,091,692$23,849,989
59$29,694,675$19,003,470$16,603,804$25,720,616
60$32,695,724$19,906,832$17,132,223$27,759,737
61$36,002,003$20,853,582$17,677,469$29,983,612
62$39,644,620$21,845,820$18,240,076$32,410,119
63$43,657,851$22,885,746$18,820,599$35,058,917
64$48,079,471$23,975,666$19,419,608$37,951,627
65$52,951,104$25,118,001$20,037,692$41,112,028
66$58,318,621$26,315,287$20,675,459$44,566,280
67$64,232,570$27,570,185$21,333,536$48,343,158
68$70,748,652$28,885,485$22,012,570$52,474,320
69$77,928,253$30,264,112$22,713,230$56,994,600
70$85,839,015$31,709,134$23,436,203$61,942,327
71$94,555,481$33,223,767$24,182,202$67,359,682
72$104,159,793$34,811,386$24,951,959$73,293,082
73$114,742,475$36,475,526$25,746,232$79,793,616
74$126,403,279$38,219,899$26,565,803$86,917,517
75$139,252,133$40,048,393$27,411,477$94,726,679
76$153,410,175$41,965,089$28,284,086$103,289,238
77$169,010,899$43,974,265$29,184,489$112,680,200
78$186,201,413$46,080,406$30,113,571$122,982,141
79$205,143,828$48,288,217$31,072,247$134,285,975
80$226,016,791$50,602,631$32,061,459$146,691,798
81$249,017,166$53,028,823$33,082,181$160,309,825
82$274,361,900$55,572,219$34,135,417$175,261,415
83$302,290,064$58,238,507$35,222,204$191,680,203
84$333,065,113$61,033,657$36,343,610$209,713,349
85$366,977,373$63,963,924$37,500,739$229,522,912
86$404,346,782$67,035,873$38,694,730$251,287,364
87$445,525,908$70,256,385$39,926,758$275,203,259
88$490,903,281$73,632,679$41,198,036$301,487,073
89$540,907,059$77,172,323$42,509,813$330,377,228
90$596,009,069$80,883,257$43,863,382$362,136,328
91$656,729,263$84,773,806$45,260,074$397,053,613
92$723,640,626$88,852,700$46,701,265$435,447,675
93$797,374,585$93,129,097$48,188,372$477,669,443
94$878,626,969$97,612,600$49,722,859$524,105,474
95$968,164,583$102,313,280$51,306,238$575,181,577
96$1,066,832,440$107,241,700$52,940,066$631,366,812
97$1,175,561,742$112,408,937$54,625,952$693,177,891
98$1,295,378,674$117,826,609$56,365,555$761,184,032
99$1,427,414,086$123,506,901$58,160,589$836,012,301
100$1,572,914,175$129,462,590$60,012,820$918,353,509