Can I retire at age 55 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%12.7%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$985,538
2 years$511,009$501,492$492,268$483,326$474,651$463,347
3 years$337,289$327,731$318,530$309,671$301,138$290,109
4 years$250,446$240,917$231,808$223,101$214,774$204,106
5 years$198,353$188,882$179,893$171,363$163,268$152,991
6 years$163,636$154,236$145,380$137,040$129,188$119,316
7 years$138,848$129,527$120,812$112,668$105,065$95,601
8 years$120,266$111,029$102,458$94,515$87,161$78,105
9 years$105,820$96,670$88,247$80,506$73,402$64,750
10 years$94,271$85,210$76,936$69,397$62,543$54,289
11 years$84,827$75,858$67,733$60,396$53,789$45,926
12 years$76,963$68,086$60,111$52,975$46,612$39,133
13 years$70,314$61,530$53,705$46,769$40,647$33,541
14 years$64,620$55,929$48,255$41,516$35,631$28,889
15 years$59,690$51,092$43,567$37,025$31,372$24,984
16 years$55,380$46,876$39,500$33,152$27,727$21,681
17 years$51,581$43,171$35,944$29,787$24,584$18,869
18 years$48,208$39,892$32,812$26,844$21,859$16,463
19 years$45,193$36,971$30,038$24,256$19,484$14,395
20 years$42,484$34,356$27,567$21,968$17,403$12,609
21 years$40,035$32,001$25,356$19,938$15,574$11,063
22 years$37,812$29,872$23,370$18,128$13,960$9,719
23 years$35,786$27,938$21,578$16,509$12,531$8,549
24 years$33,931$26,176$19,956$15,058$11,263$7,528
25 years$32,227$24,565$18,483$13,752$10,135$6,635
26 years$30,657$23,087$17,142$12,574$9,129$5,852
27 years$29,205$21,728$15,918$11,509$8,231$5,165
28 years$27,860$20,474$14,798$10,545$7,427$4,562
29 years$26,609$19,315$13,771$9,670$6,706$4,031
30 years$25,445$18,241$12,827$8,874$6,060$3,564
31 years$24,357$17,244$11,958$8,150$5,478$3,152
32 years$23,340$16,316$11,157$7,490$4,956$2,789
33 years$22,386$15,452$10,418$6,888$4,485$2,469
34 years$21,490$14,645$9,734$6,338$4,061$2,186
35 years$20,647$13,890$9,100$5,834$3,678$1,936
36 years$19,853$13,184$8,513$5,373$3,332$1,714
37 years$19,103$12,522$7,968$4,951$3,020$1,519
38 years$18,395$11,900$7,462$4,563$2,738$1,346
39 years$17,725$11,316$6,991$4,207$2,483$1,193
40 years$17,089$10,766$6,552$3,881$2,252$1,057
41 years$16,487$10,248$6,144$3,580$2,043$937
42 years$15,914$9,760$5,763$3,304$1,854$831
43 years$15,370$9,299$5,408$3,050$1,683$737
44 years$14,852$8,864$5,077$2,816$1,527$653
45 years$14,358$8,453$4,767$2,601$1,387$579
46 years$13,887$8,064$4,477$2,403$1,259$514
47 years$13,438$7,695$4,206$2,220$1,143$456
48 years$13,008$7,346$3,953$2,051$1,038$404
49 years$12,597$7,015$3,715$1,896$943$358
50 years$12,204$6,701$3,493$1,752$856$318

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $12,500,000, adding $3,124 every year, while hoping to spend $52,213 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: 55/15/30 Blend
54$12,500,000$12,500,000$12,500,000$12,500,000
55$13,778,222$13,115,722$12,921,972$14,420,960
56$15,128,047$13,702,839$13,299,304$15,452,783
57$16,613,803$14,316,973$13,687,527$16,570,432
58$18,249,302$14,959,396$14,086,950$17,786,766
59$20,049,760$15,631,435$14,497,891$19,111,318
60$22,031,943$16,334,484$14,920,679$20,554,571
61$24,214,329$17,070,000$15,355,649$22,128,056
62$26,617,274$17,839,514$15,803,146$23,844,461
63$29,263,212$18,644,626$16,263,528$25,717,744
64$32,176,861$19,487,014$16,737,157$27,763,266
65$35,385,459$20,368,437$17,224,411$29,997,927
66$38,919,021$21,290,735$17,725,674$32,440,329
67$42,810,621$22,255,840$18,241,343$35,110,945
68$47,096,702$23,265,774$18,771,826$38,032,309
69$51,817,424$24,322,656$19,317,540$41,229,225
70$57,017,041$25,428,706$19,878,918$44,728,997
71$62,744,317$26,586,250$20,456,400$48,561,686
72$69,052,989$27,797,728$21,050,441$52,760,385
73$76,002,271$29,065,694$21,661,508$57,361,532
74$83,657,415$30,392,826$22,290,081$62,405,246
75$92,090,326$31,781,929$22,936,653$67,935,703
76$101,380,239$33,235,943$23,601,730$74,001,548
77$111,614,469$34,757,950$24,285,834$80,656,348
78$122,889,234$36,351,178$24,989,499$87,959,095
79$135,310,563$38,019,013$25,713,274$95,974,757
80$148,995,296$39,765,001$26,457,724$104,774,885
81$164,072,189$41,592,858$27,223,430$114,438,280
82$180,683,124$43,506,480$28,010,987$125,051,738
83$198,984,455$45,509,950$28,821,008$136,710,856
84$219,148,480$47,607,548$29,654,122$149,520,932
85$241,365,064$49,803,757$30,510,975$163,597,952
86$265,843,439$52,103,279$31,392,230$179,069,674
87$292,814,170$54,511,041$32,298,571$196,076,832
88$322,531,340$57,032,206$33,230,697$214,774,456
89$355,274,939$59,672,186$34,189,328$235,333,323
90$391,353,516$62,436,656$35,175,203$257,941,566
91$431,107,084$65,331,562$36,189,082$282,806,440
92$474,910,335$68,363,137$37,231,745$310,156,267
93$523,176,173$71,537,915$38,303,992$340,242,585
94$576,359,613$74,862,743$39,406,646$373,342,513
95$634,962,077$78,344,801$40,540,553$409,761,355
96$699,536,127$81,991,615$41,706,579$449,835,470
97$770,690,680$85,811,071$42,905,617$493,935,442
98$849,096,755$89,811,440$44,138,582$542,469,562
99$935,493,813$94,001,389$45,406,413$595,887,672
100$1,030,696,730$98,390,005$46,710,076$654,685,397