Can I retire at age 45 with 12,200,000?

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 $12,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$1,007,465$998,491$989,735$981,190$972,845$957,912
2 years$498,745$489,456$480,454$471,726$463,260$448,251
3 years$329,194$319,865$310,886$302,239$293,911$279,293
4 years$244,435$235,135$226,245$217,746$209,620$195,506
5 years$193,593$184,348$175,575$167,250$159,350$145,781
6 years$159,709$150,534$141,891$133,751$126,088$113,080
7 years$135,516$126,419$117,912$109,964$102,543$90,100
8 years$117,379$108,364$99,999$92,246$85,069$73,189
9 years$103,281$94,350$86,129$78,573$71,641$60,317
10 years$92,008$83,165$75,089$67,731$61,042$50,266
11 years$82,791$74,037$66,107$58,946$52,498$42,259
12 years$75,116$66,452$58,669$51,704$45,493$35,779
13 years$68,627$60,053$52,416$45,647$39,671$30,467
14 years$63,069$54,586$47,096$40,520$34,776$26,067
15 years$58,257$49,866$42,522$36,137$30,619$22,390
16 years$54,051$45,751$38,552$32,357$27,061$19,295
17 years$50,343$42,135$35,081$29,072$23,994$16,675
18 years$47,051$38,934$32,024$26,200$21,335$14,445
19 years$44,109$36,084$29,317$23,674$19,016$12,538
20 years$41,464$33,531$26,906$21,441$16,986$10,902
21 years$39,074$31,233$24,748$19,459$15,200$9,493
22 years$36,905$29,155$22,809$17,693$13,625$8,277
23 years$34,927$27,268$21,060$16,113$12,230$7,225
24 years$33,116$25,548$19,477$14,696$10,993$6,312
25 years$31,453$23,976$18,040$13,421$9,892$5,520
26 years$29,921$22,533$16,731$12,272$8,910$4,830
27 years$28,504$21,206$15,536$11,233$8,033$4,230
28 years$27,191$19,983$14,443$10,292$7,249$3,705
29 years$25,971$18,851$13,440$9,438$6,545$3,248
30 years$24,834$17,803$12,519$8,661$5,914$2,848
31 years$23,772$16,830$11,671$7,955$5,347$2,498
32 years$22,779$15,925$10,889$7,311$4,837$2,192
33 years$21,848$15,081$10,167$6,723$4,377$1,924
34 years$20,974$14,293$9,500$6,186$3,963$1,689
35 years$20,152$13,557$8,882$5,694$3,590$1,484
36 years$19,376$12,867$8,309$5,244$3,252$1,303
37 years$18,645$12,221$7,777$4,832$2,948$1,145
38 years$17,954$11,614$7,283$4,454$2,672$1,006
39 years$17,299$11,044$6,823$4,106$2,423$884
40 years$16,679$10,508$6,395$3,788$2,198$777
41 years$16,091$10,002$5,997$3,495$1,994$683
42 years$15,532$9,526$5,625$3,225$1,809$600
43 years$15,001$9,076$5,278$2,977$1,642$527
44 years$14,495$8,651$4,955$2,749$1,491$464
45 years$14,013$8,250$4,652$2,539$1,353$408
46 years$13,554$7,870$4,370$2,345$1,229$358
47 years$13,115$7,511$4,105$2,166$1,116$315
48 years$12,696$7,170$3,858$2,002$1,013$277
49 years$12,295$6,847$3,626$1,850$920$244
50 years$11,911$6,540$3,409$1,710$836$214

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $12,200,000, adding $5,579 every year, while hoping to spend $29,392 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: 63/22/15 Blend
44$12,200,000$12,200,000$12,200,000$12,200,000
45$13,450,155$12,803,555$12,614,455$14,247,804
46$14,790,798$13,399,656$13,005,766$15,379,755
47$16,267,201$14,023,981$13,409,201$16,611,466
48$17,893,181$14,677,882$13,825,135$17,955,788
49$19,683,964$15,362,776$14,253,955$19,423,678
50$21,656,325$16,080,149$14,696,059$21,027,188
51$23,828,751$16,831,558$15,151,859$22,779,577
52$26,221,615$17,618,635$15,621,777$24,695,429
53$28,857,364$18,443,093$16,106,251$26,790,793
54$31,760,736$19,306,725$16,605,731$29,083,327
55$34,958,989$20,211,412$17,120,681$31,592,461
56$38,482,162$21,159,127$17,651,580$34,339,580
57$42,363,355$22,151,937$18,198,920$37,348,216
58$46,639,044$23,192,009$18,763,211$40,644,274
59$51,349,424$24,281,615$19,344,976$44,256,265
60$56,538,789$25,423,138$19,944,756$48,215,572
61$62,255,948$26,619,074$20,563,109$52,556,747
62$68,554,689$27,872,043$21,200,607$57,317,825
63$75,494,283$29,184,789$21,857,843$62,540,681
64$83,140,047$30,560,191$22,535,428$68,271,420
65$91,563,957$32,001,265$23,233,990$74,560,808
66$100,845,330$33,511,177$23,954,178$81,464,741
67$111,071,572$35,093,243$24,696,661$89,044,770
68$122,339,001$36,750,940$25,462,128$97,368,677
69$134,753,758$38,487,916$26,251,289$106,511,101
70$148,432,811$40,307,993$27,064,876$116,554,245
71$163,505,053$42,215,180$27,903,645$127,588,637
72$180,112,525$44,213,680$28,768,374$139,713,980
73$198,411,753$46,307,901$29,659,864$153,040,086
74$218,575,226$48,502,462$30,578,944$167,687,902
75$240,793,026$50,802,209$31,526,465$183,790,645
76$265,274,619$53,212,223$32,503,307$201,495,048
77$292,250,838$55,737,829$33,510,376$220,962,738
78$321,976,054$58,384,614$34,548,604$242,371,749
79$354,730,585$61,158,433$35,618,956$265,918,196
80$390,823,337$64,065,429$36,722,423$291,818,110
81$430,594,722$67,112,039$37,860,028$320,309,472
82$474,419,871$70,305,016$39,032,827$351,654,442
83$522,712,177$73,651,441$40,241,905$386,141,825
84$575,927,194$77,158,737$41,488,385$424,089,781
85$634,566,942$80,834,690$42,773,420$465,848,817
86$699,184,643$84,687,462$44,098,202$511,805,083
87$770,389,943$88,725,614$45,463,958$562,383,999
88$848,854,670$92,958,122$46,871,953$618,054,254
89$935,319,175$97,394,399$48,323,493$679,332,221
90$1,030,599,322$102,044,315$49,819,921$746,786,806
91$1,135,594,188$106,918,222$51,362,623$821,044,808
92$1,251,294,552$112,026,972$52,953,028$902,796,812
93$1,378,792,252$117,381,949$54,592,610$992,803,690
94$1,519,290,484$122,995,087$56,282,885$1,091,903,767
95$1,674,115,172$128,878,904$58,025,420$1,201,020,708
96$1,844,727,475$135,046,526$59,821,827$1,321,172,218
97$2,032,737,588$141,511,717$61,673,769$1,453,479,625
98$2,239,919,942$148,288,911$63,582,960$1,599,178,442
99$2,468,229,954$155,393,246$65,551,168$1,759,630,007
100$2,719,822,490$162,840,595$67,580,212$1,936,334,301