Can I retire at age 51 with 12,800,000?

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 $12,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$1,002,955
2 years$523,273$513,528$504,083$494,925$486,043$468,233
3 years$345,384$335,596$326,175$317,104$308,366$291,035
4 years$256,456$246,699$237,372$228,455$219,929$203,212
5 years$203,114$193,415$184,210$175,476$167,186$151,130
6 years$167,564$157,938$148,869$140,329$132,289$116,912
7 years$142,181$132,636$123,711$115,372$107,586$92,893
8 years$123,152$113,693$104,917$96,783$89,253$75,240
9 years$108,360$98,991$90,365$82,438$75,164$61,823
10 years$96,533$87,255$78,782$71,062$64,044$51,364
11 years$86,863$77,678$69,359$61,845$55,080$43,046
12 years$78,810$69,720$61,554$54,247$47,731$36,329
13 years$72,002$63,006$54,994$47,892$41,622$30,833
14 years$66,171$57,271$49,413$42,513$36,486$26,292
15 years$61,122$52,318$44,613$37,914$32,125$22,506
16 years$56,709$48,001$40,448$33,948$28,392$19,328
17 years$52,819$44,207$36,806$30,502$25,174$16,644
18 years$49,365$40,849$33,599$27,488$22,384$14,365
19 years$46,278$37,859$30,759$24,838$19,951$12,423
20 years$43,503$35,180$28,229$22,496$17,821$10,762
21 years$40,996$32,769$25,965$20,416$15,948$9,336
22 years$38,720$30,589$23,931$18,563$14,295$8,109
23 years$36,645$28,609$22,096$16,906$12,832$7,051
24 years$34,745$26,805$20,435$15,419$11,534$6,136
25 years$33,000$25,155$18,927$14,082$10,378$5,345
26 years$31,392$23,642$17,554$12,875$9,349$4,658
27 years$29,906$22,249$16,300$11,785$8,428$4,063
28 years$28,528$20,966$15,153$10,798$7,605$3,545
29 years$27,248$19,779$14,101$9,902$6,867$3,094
30 years$26,055$18,679$13,135$9,087$6,205$2,702
31 years$24,942$17,658$12,245$8,346$5,610$2,361
32 years$23,900$16,708$11,425$7,670$5,075$2,063
33 years$22,923$15,822$10,668$7,053$4,592$1,803
34 years$22,006$14,996$9,967$6,490$4,158$1,577
35 years$21,143$14,224$9,319$5,974$3,766$1,379
36 years$20,329$13,500$8,717$5,502$3,412$1,206
37 years$19,562$12,822$8,159$5,069$3,093$1,055
38 years$18,837$12,186$7,641$4,673$2,804$923
39 years$18,150$11,587$7,159$4,308$2,543$807
40 years$17,500$11,024$6,710$3,974$2,306$706
41 years$16,882$10,494$6,292$3,666$2,092$618
42 years$16,296$9,994$5,902$3,384$1,898$541
43 years$15,739$9,523$5,538$3,123$1,723$474
44 years$15,208$9,077$5,198$2,884$1,564$414
45 years$14,703$8,656$4,881$2,663$1,420$363
46 years$14,220$8,257$4,584$2,460$1,289$318
47 years$13,760$7,880$4,307$2,273$1,171$278
48 years$13,320$7,522$4,047$2,100$1,063$243
49 years$12,900$7,184$3,804$1,941$965$213
50 years$12,497$6,862$3,577$1,794$877$187

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $12,800,000, adding $5,015 every year, while hoping to spend $44,164 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: 67/15/18 Blend
50$12,800,000$12,800,000$12,800,000$12,800,000
51$14,110,773$13,432,373$13,233,973$14,993,625
52$15,503,082$14,043,569$13,630,321$16,195,790
53$17,035,926$14,683,234$14,038,466$17,504,249
54$18,723,593$15,352,715$14,458,758$18,933,976
55$20,581,827$16,053,426$14,891,554$20,496,883
56$22,627,977$16,786,847$15,337,225$22,206,082
57$24,881,158$17,554,530$15,796,149$24,076,002
58$27,362,436$18,358,102$16,268,720$26,122,524
59$30,095,021$19,199,265$16,755,338$28,363,129
60$33,104,490$20,079,806$17,256,419$30,817,060
61$36,419,028$21,001,597$17,772,389$33,505,501
62$40,069,693$21,966,599$18,303,688$36,451,772
63$44,090,706$22,976,867$18,850,766$39,681,551
64$48,519,781$24,034,556$19,414,090$43,223,107
65$53,398,474$25,141,925$19,994,138$47,107,568
66$58,772,579$26,301,340$20,591,401$51,369,208
67$64,692,557$27,515,281$21,206,389$56,045,771
68$71,214,016$28,786,348$21,839,621$61,178,821
69$78,398,233$30,117,266$22,491,635$66,814,128
70$86,312,732$31,510,891$23,162,984$73,002,102
71$95,031,923$32,970,217$23,854,237$79,798,260
72$104,637,804$34,498,382$24,565,978$87,263,745
73$115,220,731$36,098,674$25,298,810$95,465,904
74$126,880,279$37,774,542$26,053,353$104,478,912
75$139,726,171$39,529,599$26,830,244$114,384,471
76$153,879,324$41,367,633$27,630,141$125,272,576
77$169,472,983$43,292,614$28,453,718$137,242,359
78$186,653,981$45,308,706$29,301,672$150,403,016
79$205,584,126$47,420,271$30,174,716$164,874,837
80$226,441,725$49,631,883$31,073,588$180,790,331
81$249,423,273$51,948,337$31,999,044$198,295,471
82$274,745,299$54,374,658$32,951,865$217,551,069
83$302,646,419$56,916,116$33,932,852$238,734,280
84$333,389,582$59,578,234$34,942,831$262,040,274
85$367,264,555$62,366,803$35,982,651$287,684,066
86$404,590,655$65,287,892$37,053,185$315,902,541
87$445,719,769$68,347,866$38,155,334$346,956,678
88$491,039,670$71,553,395$39,290,022$381,134,008
89$540,977,680$74,911,475$40,458,202$418,751,318
90$596,004,704$78,429,438$41,660,852$460,157,632
91$656,639,674$82,114,971$42,898,981$505,737,497
92$723,454,450$85,976,133$44,173,626$555,914,600
93$797,079,214$90,021,375$45,485,853$611,155,759
94$878,208,426$94,259,554$46,836,761$671,975,320
95$967,607,372$98,699,959$48,227,479$738,939,996
96$1,066,119,394$103,352,327$49,659,170$812,674,208
97$1,174,673,848$108,226,867$51,133,028$893,865,968
98$1,294,294,881$113,334,283$52,650,284$983,273,357
99$1,426,111,094$118,685,798$54,212,204$1,081,731,668
100$1,571,366,201$124,293,179$55,820,089$1,190,161,280