Can I retire at age 51 with 12,900,000?

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 $12,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$1,065,270$1,055,781$1,046,523$1,037,487$1,028,664$1,017,498
2 years$527,361$517,540$508,021$498,792$489,840$478,597
3 years$348,082$338,218$328,723$319,581$310,775$299,804
4 years$258,460$248,626$239,226$230,240$221,647$211,033
5 years$204,701$194,926$185,649$176,846$168,493$158,267
6 years$168,873$159,172$150,032$141,425$133,322$123,497
7 years$143,292$133,672$124,678$116,274$108,427$99,005
8 years$124,114$114,582$105,736$97,539$89,951$80,933
9 years$109,207$99,764$91,071$83,082$75,751$67,134
10 years$97,287$87,937$79,398$71,617$64,544$56,322
11 years$87,542$78,285$69,900$62,328$55,510$47,675
12 years$79,426$70,265$62,035$54,670$48,104$40,649
13 years$72,564$63,499$55,424$48,266$41,947$34,863
14 years$66,688$57,718$49,799$42,845$36,771$30,048
15 years$61,600$52,727$44,962$38,210$32,376$26,004
16 years$57,152$48,376$40,764$34,213$28,614$22,581
17 years$53,231$44,552$37,094$30,740$25,371$19,667
18 years$49,750$41,168$33,862$27,703$22,559$17,171
19 years$46,639$38,154$30,999$25,032$20,107$15,025
20 years$43,843$35,455$28,449$22,671$17,960$13,171
21 years$41,316$33,025$26,168$20,576$16,072$11,564
22 years$39,022$30,828$24,118$18,708$14,407$10,167
23 years$36,931$28,832$22,268$17,038$12,932$8,950
24 years$35,017$27,014$20,595$15,539$11,624$7,887
25 years$33,258$25,351$19,075$14,192$10,460$6,957
26 years$31,638$23,826$17,691$12,976$9,422$6,141
27 years$30,140$22,423$16,427$11,877$8,494$5,425
28 years$28,751$21,129$15,271$10,882$7,665$4,795
29 years$27,461$19,933$14,211$9,979$6,921$4,241
30 years$26,259$18,825$13,237$9,158$6,254$3,752
31 years$25,136$17,796$12,341$8,411$5,654$3,321
32 years$24,086$16,838$11,514$7,730$5,114$2,941
33 years$23,102$15,946$10,751$7,108$4,628$2,605
34 years$22,178$15,113$10,045$6,540$4,190$2,309
35 years$21,308$14,335$9,391$6,021$3,795$2,046
36 years$20,488$13,606$8,785$5,545$3,439$1,814
37 years$19,715$12,922$8,223$5,109$3,117$1,608
38 years$18,984$12,281$7,700$4,709$2,826$1,426
39 years$18,292$11,678$7,214$4,342$2,562$1,265
40 years$17,636$11,111$6,762$4,005$2,324$1,122
41 years$17,014$10,576$6,341$3,695$2,109$996
42 years$16,424$10,072$5,948$3,410$1,913$884
43 years$15,862$9,597$5,581$3,148$1,736$784
44 years$15,327$9,148$5,239$2,907$1,576$696
45 years$14,817$8,723$4,919$2,684$1,431$618
46 years$14,332$8,322$4,620$2,479$1,299$548
47 years$13,868$7,941$4,341$2,291$1,180$487
48 years$13,424$7,581$4,079$2,117$1,071$432
49 years$13,001$7,240$3,834$1,956$973$384
50 years$12,595$6,916$3,605$1,808$884$341

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $12,900,000, adding $2,296 every year, while hoping to spend $26,407 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: 45/33/22 Blend
50$12,900,000$12,900,000$12,900,000$12,900,000
51$14,218,168$13,534,468$13,334,518$14,767,722
52$15,640,325$14,169,560$13,753,128$15,790,113
53$17,206,656$14,834,887$14,184,876$16,895,401
54$18,931,840$15,531,902$14,630,174$18,093,516
55$20,832,051$16,262,128$15,089,449$19,393,104
56$22,925,112$17,027,165$15,563,137$20,803,656
57$25,230,664$17,828,686$16,051,693$22,335,594
58$27,770,349$18,668,448$16,555,581$24,000,365
59$30,568,015$19,548,293$17,075,283$25,810,542
60$33,649,943$20,470,150$17,611,296$27,779,940
61$37,045,094$21,436,044$18,164,132$29,923,735
62$40,785,380$22,448,097$18,734,317$32,258,610
63$44,905,969$23,508,534$19,322,396$34,802,897
64$49,445,613$24,619,687$19,928,931$37,576,748
65$54,447,016$25,784,002$20,554,501$40,602,320
66$59,957,238$27,004,045$21,199,703$43,903,973
67$66,028,136$28,282,503$21,865,153$47,508,493
68$72,716,857$29,622,196$22,551,487$51,445,341
69$80,086,373$31,026,081$23,259,359$55,746,917
70$88,206,081$32,497,256$23,989,445$60,448,860
71$97,152,452$34,038,972$24,742,442$65,590,378
72$107,009,757$35,654,637$25,519,069$71,214,603
73$117,870,862$37,347,824$26,320,067$77,368,993
74$129,838,102$39,122,280$27,146,201$84,105,766
75$143,024,249$40,981,932$27,998,260$91,482,387
76$157,553,578$42,930,902$28,877,057$99,562,093
77$173,563,034$44,973,508$29,783,430$108,414,483
78$191,203,534$47,114,280$30,718,245$118,116,160
79$210,641,382$49,357,967$31,682,394$128,751,442
80$232,059,846$51,709,551$32,676,797$140,413,146
81$255,660,884$54,174,252$33,702,404$153,203,445
82$281,667,052$56,757,549$34,760,192$167,234,824
83$310,323,606$59,465,183$35,851,173$182,631,123
84$341,900,813$62,303,176$36,976,387$199,528,688
85$376,696,508$65,277,844$38,136,907$218,077,647
86$415,038,900$68,395,807$39,333,842$238,443,303
87$457,289,676$71,664,009$40,568,334$260,807,679
88$503,847,411$75,089,734$41,841,561$285,371,219
89$555,151,331$78,680,615$43,154,738$312,354,653
90$611,685,463$82,444,661$44,509,118$342,001,068
91$673,983,201$86,390,270$45,905,994$374,578,175
92$742,632,341$90,526,247$47,346,698$410,380,813
93$818,280,633$94,861,826$48,832,606$449,733,712
94$901,641,894$99,406,693$50,365,135$492,994,529
95$993,502,749$104,171,002$51,945,748$540,557,197
96$1,094,730,052$109,165,404$53,575,953$592,855,622
97$1,206,279,075$114,401,067$55,257,306$650,367,742
98$1,329,202,526$119,889,704$56,991,410$713,620,014
99$1,464,660,482$125,643,598$58,779,921$783,192,350
100$1,613,931,348$131,675,631$60,624,546$859,723,557