Can I retire at age 45 with 12,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%15.8%
1 years$999,207$990,306$981,623$973,147$964,871$941,928
2 years$494,657$485,444$476,516$467,859$459,462$436,482
3 years$326,495$317,243$308,337$299,762$291,502$269,202
4 years$242,431$233,207$224,391$215,962$207,902$186,454
5 years$192,006$182,837$174,136$165,879$158,043$137,508
6 years$158,400$149,300$140,728$132,655$125,054$105,452
7 years$134,405$125,382$116,946$109,063$101,703$83,036
8 years$116,417$107,476$99,179$91,490$84,372$66,634
9 years$102,434$93,577$85,423$77,929$71,054$54,229
10 years$91,254$82,484$74,474$67,176$60,541$44,612
11 years$82,113$73,430$65,565$58,463$52,067$37,011
12 years$74,500$65,907$58,188$51,280$45,121$30,913
13 years$68,064$59,561$51,987$45,273$39,346$25,959
14 years$62,552$54,139$46,710$40,188$34,490$21,896
15 years$57,780$49,457$42,173$35,841$30,368$18,536
16 years$53,608$45,376$38,236$32,091$26,839$15,740
17 years$49,930$41,789$34,793$28,834$23,798$13,399
18 years$46,665$38,615$31,762$25,985$21,160$11,430
19 years$43,747$35,788$29,077$23,480$18,860$9,768
20 years$41,124$33,256$26,685$21,265$16,846$8,361
21 years$38,754$30,977$24,545$19,300$15,076$7,165
22 years$36,602$28,916$22,622$17,548$13,513$6,147
23 years$34,641$27,044$20,887$15,981$12,130$5,279
24 years$32,845$25,339$19,317$14,576$10,903$4,536
25 years$31,196$23,779$17,892$13,311$9,811$3,901
26 years$29,676$22,349$16,594$12,171$8,837$3,357
27 years$28,271$21,033$15,409$11,141$7,968$2,890
28 years$26,968$19,819$14,324$10,207$7,189$2,489
29 years$25,758$18,697$13,330$9,360$6,492$2,145
30 years$24,630$17,657$12,416$8,590$5,866$1,848
31 years$23,578$16,692$11,576$7,890$5,303$1,593
32 years$22,593$15,794$10,800$7,251$4,797$1,374
33 years$21,669$14,957$10,084$6,668$4,341$1,185
34 years$20,802$14,176$9,422$6,135$3,931$1,022
35 years$19,986$13,446$8,809$5,647$3,560$882
36 years$19,218$12,762$8,241$5,201$3,226$761
37 years$18,492$12,121$7,713$4,792$2,924$657
38 years$17,806$11,519$7,223$4,417$2,650$567
39 years$17,158$10,954$6,767$4,073$2,403$489
40 years$16,543$10,421$6,343$3,757$2,180$422
41 years$15,959$9,920$5,948$3,466$1,978$364
42 years$15,405$9,448$5,579$3,199$1,795$315
43 years$14,878$9,002$5,235$2,953$1,629$272
44 years$14,377$8,581$4,914$2,726$1,478$235
45 years$13,899$8,182$4,614$2,518$1,342$202
46 years$13,443$7,806$4,334$2,326$1,219$175
47 years$13,008$7,449$4,071$2,149$1,107$151
48 years$12,592$7,111$3,826$1,985$1,005$130
49 years$12,194$6,791$3,596$1,835$913$113
50 years$11,814$6,487$3,381$1,696$829$97

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $12,100,000, adding $4,070 every year, while hoping to spend $23,649 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: 48/30/22 Blend
44$12,100,000$12,100,000$12,100,000$12,100,000
45$13,338,398$12,697,098$12,509,548$13,895,254
46$14,673,752$13,294,094$12,903,456$14,881,125
47$16,144,520$13,919,549$13,309,767$15,948,373
48$17,764,489$14,574,835$13,728,871$17,106,840
49$19,548,851$15,261,386$14,161,172$18,365,105
50$21,514,348$15,980,708$14,607,086$19,732,595
51$23,679,428$16,734,379$15,067,040$21,219,660
52$26,064,421$17,524,055$15,541,477$22,837,675
53$28,691,729$18,351,471$16,030,854$24,599,140
54$31,586,037$19,218,445$16,535,639$26,517,793
55$34,774,549$20,126,884$17,056,319$28,608,734
56$38,287,241$21,078,790$17,593,394$30,888,561
57$42,157,147$22,076,258$18,147,380$33,375,526
58$46,420,668$23,121,487$18,718,810$36,089,697
59$51,117,919$24,216,782$19,308,232$39,053,143
60$56,293,103$25,364,561$19,916,214$42,290,136
61$61,994,932$26,567,357$20,543,340$45,827,372
62$68,277,086$27,827,828$21,190,213$49,694,219
63$75,198,717$29,148,761$21,857,454$53,922,986
64$82,825,012$30,533,076$22,545,704$58,549,218
65$91,227,804$31,983,837$23,255,626$63,612,026
66$100,486,252$33,504,257$23,987,901$69,154,450
67$110,687,588$35,097,704$24,743,234$75,223,851
68$121,927,940$36,767,709$25,522,350$81,872,354
69$134,313,239$38,517,976$26,325,998$89,157,328
70$147,960,222$40,352,389$27,154,951$97,141,919
71$162,997,528$42,275,020$28,010,006$105,895,637
72$179,566,918$44,290,139$28,891,984$115,494,997
73$197,824,611$46,402,223$29,801,732$126,024,235
74$217,942,758$48,615,968$30,740,127$137,576,088
75$240,111,066$50,936,297$31,708,068$150,252,659
76$264,538,594$53,368,375$32,706,487$164,166,368
77$291,455,719$55,917,614$33,736,344$179,440,998
78$321,116,319$58,589,694$34,798,627$196,212,850
79$353,800,161$61,390,566$35,894,359$214,632,019
80$389,815,550$64,326,476$37,024,592$234,863,787
81$429,502,233$67,403,970$38,190,413$257,090,177
82$473,234,611$70,629,915$39,392,942$281,511,646
83$521,425,270$74,011,510$40,633,335$308,348,965
84$574,528,880$77,556,306$41,912,784$337,845,283
85$633,046,482$81,272,222$43,232,518$370,268,404
86$697,530,223$85,167,561$44,593,807$405,913,292
87$768,588,565$89,251,030$45,997,959$445,104,837
88$846,892,031$93,531,763$47,446,323$488,200,900
89$933,179,535$98,019,336$48,940,292$535,595,668
90$1,028,265,356$102,723,792$50,481,300$587,723,349
91$1,133,046,829$107,655,664$52,070,830$645,062,249
92$1,248,512,811$112,825,998$53,710,409$708,139,258
93$1,375,753,023$118,246,377$55,401,613$777,534,797
94$1,515,968,332$123,928,950$57,146,067$853,888,270
95$1,670,482,090$129,886,456$58,945,448$937,904,070
96$1,840,752,628$136,132,257$60,801,486$1,030,358,192
97$2,028,387,024$142,680,366$62,715,963$1,132,105,532
98$2,235,156,273$149,545,477$64,690,721$1,244,087,919
99$2,463,012,010$156,743,003$66,727,658$1,367,342,972
100$2,714,104,931$164,289,106$68,828,730$1,503,013,854