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%16.1%
1 years$999,207$990,306$981,623$973,147$964,871$940,782
2 years$494,657$485,444$476,516$467,859$459,462$435,346
3 years$326,495$317,243$308,337$299,762$291,502$268,111
4 years$242,431$233,207$224,391$215,962$207,902$185,418
5 years$192,006$182,837$174,136$165,879$158,043$136,528
6 years$158,400$149,300$140,728$132,655$125,054$104,529
7 years$134,405$125,382$116,946$109,063$101,703$82,170
8 years$116,417$107,476$99,179$91,490$84,372$65,823
9 years$102,434$93,577$85,423$77,929$71,054$53,473
10 years$91,254$82,484$74,474$67,176$60,541$43,908
11 years$82,113$73,430$65,565$58,463$52,067$36,358
12 years$74,500$65,907$58,188$51,280$45,121$30,307
13 years$68,064$59,561$51,987$45,273$39,346$25,399
14 years$62,552$54,139$46,710$40,188$34,490$21,380
15 years$57,780$49,457$42,173$35,841$30,368$18,062
16 years$53,608$45,376$38,236$32,091$26,839$15,304
17 years$49,930$41,789$34,793$28,834$23,798$13,000
18 years$46,665$38,615$31,762$25,985$21,160$11,065
19 years$43,747$35,788$29,077$23,480$18,860$9,435
20 years$41,124$33,256$26,685$21,265$16,846$8,057
21 years$38,754$30,977$24,545$19,300$15,076$6,889
22 years$36,602$28,916$22,622$17,548$13,513$5,896
23 years$34,641$27,044$20,887$15,981$12,130$5,052
24 years$32,845$25,339$19,317$14,576$10,903$4,331
25 years$31,196$23,779$17,892$13,311$9,811$3,716
26 years$29,676$22,349$16,594$12,171$8,837$3,190
27 years$28,271$21,033$15,409$11,141$7,968$2,739
28 years$26,968$19,819$14,324$10,207$7,189$2,353
29 years$25,758$18,697$13,330$9,360$6,492$2,023
30 years$24,630$17,657$12,416$8,590$5,866$1,739
31 years$23,578$16,692$11,576$7,890$5,303$1,495
32 years$22,593$15,794$10,800$7,251$4,797$1,286
33 years$21,669$14,957$10,084$6,668$4,341$1,107
34 years$20,802$14,176$9,422$6,135$3,931$952
35 years$19,986$13,446$8,809$5,647$3,560$819
36 years$19,218$12,762$8,241$5,201$3,226$705
37 years$18,492$12,121$7,713$4,792$2,924$607
38 years$17,806$11,519$7,223$4,417$2,650$523
39 years$17,158$10,954$6,767$4,073$2,403$450
40 years$16,543$10,421$6,343$3,757$2,180$387
41 years$15,959$9,920$5,948$3,466$1,978$334
42 years$15,405$9,448$5,579$3,199$1,795$287
43 years$14,878$9,002$5,235$2,953$1,629$247
44 years$14,377$8,581$4,914$2,726$1,478$213
45 years$13,899$8,182$4,614$2,518$1,342$183
46 years$13,443$7,806$4,334$2,326$1,219$158
47 years$13,008$7,449$4,071$2,149$1,107$136
48 years$12,592$7,111$3,826$1,985$1,005$117
49 years$12,194$6,791$3,596$1,835$913$101
50 years$11,814$6,487$3,381$1,696$829$87

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 $3,225 every year, while hoping to spend $59,834 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: 56/15/29 Blend
44$12,100,000$12,100,000$12,100,000$12,100,000
45$13,337,527$12,696,227$12,508,677$13,977,397
46$14,634,291$13,254,679$12,864,054$14,977,010
47$16,061,321$13,838,490$13,229,332$16,059,149
48$17,631,839$14,448,839$13,604,778$17,237,066
49$19,360,416$15,086,961$13,990,667$18,520,029
50$21,263,107$15,754,151$14,387,283$19,918,235
51$23,357,602$16,451,763$14,794,915$21,442,901
52$25,663,394$17,181,216$15,213,861$23,106,369
53$28,201,961$17,943,996$15,644,427$24,922,219
54$30,996,970$18,741,661$16,086,924$26,905,396
55$34,074,500$19,575,842$16,541,676$29,072,346
56$37,463,288$20,448,246$17,009,010$31,441,171
57$41,194,996$21,360,664$17,489,265$34,031,795
58$45,304,519$22,314,970$17,982,789$36,866,149
59$49,830,303$23,313,126$18,489,935$39,968,376
60$54,814,716$24,357,192$19,011,070$43,365,056
61$60,304,444$25,449,321$19,546,568$47,085,449
62$66,350,930$26,591,770$20,096,811$51,161,774
63$73,010,864$27,786,906$20,662,193$55,629,505
64$80,346,714$29,037,206$21,243,118$60,527,704
65$88,427,316$30,345,266$21,840,000$65,899,382
66$97,328,524$31,713,806$22,453,262$71,791,907
67$107,133,927$33,145,676$23,083,339$78,257,442
68$117,935,634$34,643,861$23,730,678$85,353,434
69$129,835,148$36,211,489$24,395,734$93,143,150
70$142,944,319$37,851,839$25,078,978$101,696,273
71$157,386,405$39,568,344$25,780,889$111,089,551
72$173,297,229$41,364,604$26,501,960$121,407,519
73$190,826,466$43,244,389$27,242,695$132,743,289
74$210,139,052$45,211,650$28,003,611$145,199,422
75$231,416,742$47,270,528$28,785,239$158,888,895
76$254,859,828$49,425,362$29,588,123$173,936,157
77$280,689,023$51,680,697$30,412,818$190,478,298
78$309,147,551$54,041,299$31,259,895$208,666,336
79$340,503,439$56,512,161$32,129,939$228,666,638
80$375,052,047$59,098,514$33,023,549$250,662,480
81$413,118,857$61,805,842$33,941,339$274,855,770
82$455,062,543$64,639,891$34,883,937$301,468,947
83$501,278,361$67,606,684$35,851,987$330,747,071
84$552,201,874$70,712,532$36,846,149$362,960,128
85$608,313,069$73,964,050$37,867,099$398,405,573
86$670,140,884$77,368,170$38,915,529$437,411,121
87$738,268,202$80,932,159$39,992,147$480,337,838
88$813,337,355$84,663,631$41,097,680$527,583,536
89$896,056,184$88,570,567$42,232,871$579,586,518
90$987,204,724$92,661,334$43,398,481$636,829,702
91$1,087,642,565$96,944,698$44,595,289$699,845,173
92$1,198,316,969$101,429,851$45,824,094$769,219,192
93$1,320,271,810$106,126,424$47,085,712$845,597,715
94$1,454,657,430$111,044,515$48,380,979$929,692,481
95$1,602,741,498$116,194,706$49,710,751$1,022,287,715
96$1,765,920,974$121,588,089$51,075,904$1,124,247,519
97$1,945,735,301$127,236,294$52,477,336$1,236,524,013
98$2,143,880,938$133,151,508$53,915,962$1,360,166,309
99$2,362,227,369$139,346,508$55,392,722$1,496,330,395
100$2,602,834,759$145,834,685$56,908,577$1,646,290,037