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

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 $12,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$999,207$990,306$981,623$973,147$964,871$956,387
2 years$494,657$485,444$476,516$467,859$459,462$450,913
3 years$326,495$317,243$308,337$299,762$291,502$283,152
4 years$242,431$233,207$224,391$215,962$207,902$199,816
5 years$192,006$182,837$174,136$165,879$158,043$150,246
6 years$158,400$149,300$140,728$132,655$125,054$117,554
7 years$134,405$125,382$116,946$109,063$101,703$94,503
8 years$116,417$107,476$99,179$91,490$84,372$77,474
9 years$102,434$93,577$85,423$77,929$71,054$64,454
10 years$91,254$82,484$74,474$67,176$60,541$54,236
11 years$82,113$73,430$65,565$58,463$52,067$46,052
12 years$74,500$65,907$58,188$51,280$45,121$39,389
13 years$68,064$59,561$51,987$45,273$39,346$33,892
14 years$62,552$54,139$46,710$40,188$34,490$29,308
15 years$57,780$49,457$42,173$35,841$30,368$25,449
16 years$53,608$45,376$38,236$32,091$26,839$22,175
17 years$49,930$41,789$34,793$28,834$23,798$19,381
18 years$46,665$38,615$31,762$25,985$21,160$16,982
19 years$43,747$35,788$29,077$23,480$18,860$14,913
20 years$41,124$33,256$26,685$21,265$16,846$13,120
21 years$38,754$30,977$24,545$19,300$15,076$11,563
22 years$36,602$28,916$22,622$17,548$13,513$10,205
23 years$34,641$27,044$20,887$15,981$12,130$9,017
24 years$32,845$25,339$19,317$14,576$10,903$7,977
25 years$31,196$23,779$17,892$13,311$9,811$7,063
26 years$29,676$22,349$16,594$12,171$8,837$6,260
27 years$28,271$21,033$15,409$11,141$7,968$5,552
28 years$26,968$19,819$14,324$10,207$7,189$4,927
29 years$25,758$18,697$13,330$9,360$6,492$4,375
30 years$24,630$17,657$12,416$8,590$5,866$3,887
31 years$23,578$16,692$11,576$7,890$5,303$3,455
32 years$22,593$15,794$10,800$7,251$4,797$3,072
33 years$21,669$14,957$10,084$6,668$4,341$2,733
34 years$20,802$14,176$9,422$6,135$3,931$2,431
35 years$19,986$13,446$8,809$5,647$3,560$2,164
36 years$19,218$12,762$8,241$5,201$3,226$1,927
37 years$18,492$12,121$7,713$4,792$2,924$1,716
38 years$17,806$11,519$7,223$4,417$2,650$1,528
39 years$17,158$10,954$6,767$4,073$2,403$1,361
40 years$16,543$10,421$6,343$3,757$2,180$1,213
41 years$15,959$9,920$5,948$3,466$1,978$1,081
42 years$15,405$9,448$5,579$3,199$1,795$963
43 years$14,878$9,002$5,235$2,953$1,629$858
44 years$14,377$8,581$4,914$2,726$1,478$765
45 years$13,899$8,182$4,614$2,518$1,342$682
46 years$13,443$7,806$4,334$2,326$1,219$608
47 years$13,008$7,449$4,071$2,149$1,107$542
48 years$12,592$7,111$3,826$1,985$1,005$483
49 years$12,194$6,791$3,596$1,835$913$431
50 years$11,814$6,487$3,381$1,696$829$384

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 $5,573 every year, while hoping to spend $32,715 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: 47/31/22 Blend
44$12,100,000$12,100,000$12,100,000$12,100,000
45$13,339,949$12,698,649$12,511,099$13,883,010
46$14,665,815$13,286,074$12,895,412$14,850,994
47$16,125,823$13,901,186$13,291,503$15,897,356
48$17,733,621$14,545,309$13,699,733$17,032,460
49$19,504,248$15,219,826$14,120,471$18,264,630
50$21,454,275$15,926,192$14,554,101$19,603,009
51$23,601,964$16,665,928$15,001,016$21,057,641
52$25,967,436$17,440,630$15,461,622$22,639,557
53$28,572,866$18,251,973$15,936,338$24,360,884
54$31,442,688$19,101,709$16,425,595$26,234,943
55$34,603,826$19,991,677$16,929,836$28,276,380
56$38,085,951$20,923,803$17,449,520$30,501,293
57$41,921,757$21,900,109$17,985,119$32,927,380
58$46,147,274$22,922,712$18,537,117$35,574,100
59$50,802,202$23,993,831$19,106,017$38,462,854
60$55,930,292$25,115,794$19,692,334$41,617,175
61$61,579,754$26,291,040$20,296,600$45,062,947
62$67,803,716$27,522,128$20,919,362$48,828,644
63$74,660,721$28,811,738$21,561,187$52,945,588
64$82,215,282$30,162,681$22,222,655$57,448,239
65$90,538,493$31,577,905$22,904,365$62,374,515
66$99,708,695$33,060,497$23,606,937$67,766,137
67$109,812,218$34,613,698$24,331,006$73,669,016
68$120,944,198$36,240,903$25,077,228$80,133,681
69$133,209,470$37,945,671$25,846,279$87,215,742
70$146,723,562$39,731,735$26,638,856$94,976,407
71$161,613,784$41,603,009$27,455,676$103,483,051
72$178,020,428$43,563,594$28,297,479$112,809,839
73$196,098,093$45,617,792$29,165,026$123,038,417
74$216,017,147$47,770,112$30,059,103$134,258,670
75$237,965,331$50,025,283$30,980,519$146,569,558
76$262,149,536$52,388,262$31,930,106$160,080,040
77$288,797,748$54,864,247$32,908,725$174,910,086
78$318,161,211$57,458,688$33,917,260$191,191,796
79$350,516,789$60,177,298$34,956,622$209,070,637
80$386,169,584$63,026,068$36,027,752$228,706,796
81$425,455,818$66,011,281$37,131,617$250,276,677
82$468,746,000$69,139,523$38,269,216$273,974,551
83$516,448,433$72,417,700$39,441,575$300,014,375
84$569,013,059$75,853,054$40,649,753$328,631,787
85$626,935,714$79,453,176$41,894,843$360,086,318
86$690,762,804$83,226,030$43,177,968$394,663,819
87$761,096,467$87,179,961$44,500,287$432,679,138
88$838,600,252$91,323,726$45,862,992$474,479,073
89$924,005,390$95,666,500$47,267,315$520,445,623
90$1,018,117,691$100,217,911$48,714,521$570,999,566
91$1,121,825,156$104,988,048$50,205,917$626,604,412
92$1,236,106,354$109,987,495$51,742,848$687,770,750
93$1,362,039,669$115,227,348$53,326,700$755,061,041
94$1,500,813,471$120,719,244$54,958,900$829,094,899
95$1,653,737,342$126,475,384$56,640,921$910,554,912
96$1,822,254,436$132,508,564$58,374,277$1,000,193,052
97$2,007,955,105$138,832,199$60,160,531$1,098,837,744
98$2,212,591,909$145,460,361$62,001,292$1,207,401,652
99$2,438,096,167$152,407,801$63,898,219$1,326,890,258
100$2,686,596,185$159,689,993$65,853,018$1,458,411,316