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

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 $12,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$1,007,465$998,491$989,735$981,190$972,845$953,203
2 years$498,745$489,456$480,454$471,726$463,260$443,556
3 years$329,194$319,865$310,886$302,239$293,911$274,761
4 years$244,435$235,135$226,245$217,746$209,620$191,172
5 years$193,593$184,348$175,575$167,250$159,350$141,655
6 years$159,709$150,534$141,891$133,751$126,088$109,166
7 years$135,516$126,419$117,912$109,964$102,543$86,398
8 years$117,379$108,364$99,999$92,246$85,069$69,696
9 years$103,281$94,350$86,129$78,573$71,641$57,029
10 years$92,008$83,165$75,089$67,731$61,042$47,177
11 years$82,791$74,037$66,107$58,946$52,498$39,364
12 years$75,116$66,452$58,669$51,704$45,493$33,070
13 years$68,627$60,053$52,416$45,647$39,671$27,938
14 years$63,069$54,586$47,096$40,520$34,776$23,711
15 years$58,257$49,866$42,522$36,137$30,619$20,199
16 years$54,051$45,751$38,552$32,357$27,061$17,261
17 years$50,343$42,135$35,081$29,072$23,994$14,789
18 years$47,051$38,934$32,024$26,200$21,335$12,700
19 years$44,109$36,084$29,317$23,674$19,016$10,926
20 years$41,464$33,531$26,906$21,441$16,986$9,416
21 years$39,074$31,233$24,748$19,459$15,200$8,125
22 years$36,905$29,155$22,809$17,693$13,625$7,019
23 years$34,927$27,268$21,060$16,113$12,230$6,070
24 years$33,116$25,548$19,477$14,696$10,993$5,254
25 years$31,453$23,976$18,040$13,421$9,892$4,551
26 years$29,921$22,533$16,731$12,272$8,910$3,944
27 years$28,504$21,206$15,536$11,233$8,033$3,420
28 years$27,191$19,983$14,443$10,292$7,249$2,968
29 years$25,971$18,851$13,440$9,438$6,545$2,576
30 years$24,834$17,803$12,519$8,661$5,914$2,236
31 years$23,772$16,830$11,671$7,955$5,347$1,942
32 years$22,779$15,925$10,889$7,311$4,837$1,688
33 years$21,848$15,081$10,167$6,723$4,377$1,466
34 years$20,974$14,293$9,500$6,186$3,963$1,275
35 years$20,152$13,557$8,882$5,694$3,590$1,108
36 years$19,376$12,867$8,309$5,244$3,252$963
37 years$18,645$12,221$7,777$4,832$2,948$838
38 years$17,954$11,614$7,283$4,454$2,672$729
39 years$17,299$11,044$6,823$4,106$2,423$634
40 years$16,679$10,508$6,395$3,788$2,198$551
41 years$16,091$10,002$5,997$3,495$1,994$479
42 years$15,532$9,526$5,625$3,225$1,809$417
43 years$15,001$9,076$5,278$2,977$1,642$363
44 years$14,495$8,651$4,955$2,749$1,491$316
45 years$14,013$8,250$4,652$2,539$1,353$275
46 years$13,554$7,870$4,370$2,345$1,229$239
47 years$13,115$7,511$4,105$2,166$1,116$208
48 years$12,696$7,170$3,858$2,002$1,013$181
49 years$12,295$6,847$3,626$1,850$920$157
50 years$11,911$6,540$3,409$1,710$836$137

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 $4,086 every year, while hoping to spend $40,208 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: 31/45/24 Blend
44$12,200,000$12,200,000$12,200,000$12,200,000
45$13,448,615$12,802,015$12,612,915$13,765,754
46$14,777,592$13,386,532$12,992,666$14,592,775
47$16,240,778$13,998,344$13,383,792$15,478,532
48$17,851,819$14,638,744$13,786,630$16,431,202
49$19,625,752$15,309,090$14,201,530$17,456,650
50$21,579,147$16,010,804$14,628,850$18,561,297
51$23,730,263$16,745,376$15,068,959$19,752,175
52$26,099,219$17,514,369$15,522,239$21,036,989
53$28,708,186$18,319,419$15,989,080$22,424,184
54$31,581,592$19,162,242$16,469,886$23,923,014
55$34,746,359$20,044,637$16,965,071$25,543,628
56$38,232,151$20,968,487$17,475,064$27,297,157
57$42,071,656$21,935,769$18,000,304$29,195,808
58$46,300,895$22,948,551$18,541,245$31,252,976
59$50,959,561$24,009,005$19,098,351$33,483,362
60$56,091,394$25,119,404$19,672,104$35,903,101
61$61,744,594$26,282,133$20,262,997$38,529,907
62$67,972,275$27,499,689$20,871,539$41,383,230
63$74,832,965$28,774,692$21,498,254$44,484,431
64$82,391,163$30,109,887$22,143,681$47,856,974
65$90,717,941$31,508,152$22,808,374$51,526,634
66$99,891,622$32,972,502$23,492,906$55,521,735
67$109,998,513$34,506,100$24,197,863$59,873,398
68$121,133,721$36,112,259$24,923,852$64,615,829
69$133,402,055$37,794,454$25,671,495$69,786,627
70$146,919,009$39,556,326$26,441,434$75,427,126
71$161,811,855$41,401,694$27,234,330$81,582,771
72$178,220,845$43,334,558$28,050,861$88,303,531
73$196,300,534$45,359,114$28,891,727$95,644,361
74$216,221,238$47,479,760$29,757,650$103,665,699
75$238,170,642$49,701,106$30,649,369$112,434,021
76$262,355,573$52,027,986$31,567,648$122,022,455
77$289,003,950$54,465,466$32,513,273$132,511,450
78$318,366,937$57,018,857$33,487,052$143,989,515
79$350,721,313$59,693,730$34,489,816$156,554,041
80$386,372,085$62,495,921$35,522,423$170,312,191
81$425,655,368$65,431,551$36,585,754$185,381,897
82$468,941,555$68,507,036$37,680,717$201,892,949
83$516,638,817$71,729,105$38,808,245$219,988,191
84$569,196,955$75,104,810$39,969,300$239,824,854
85$627,111,644$78,641,545$41,164,871$261,576,005
86$690,929,114$82,347,063$42,395,976$285,432,161
87$761,251,307$86,229,492$43,663,664$311,603,054
88$838,741,557$90,297,354$44,969,014$340,319,583
89$924,130,855$94,559,583$46,313,135$371,835,962
90$1,018,224,747$99,025,548$47,697,170$406,432,088
91$1,121,910,942$103,705,070$49,122,296$444,416,148
92$1,236,167,688$108,608,448$50,589,722$486,127,493
93$1,362,073,009$113,746,480$52,100,695$531,939,805
94$1,500,814,884$119,130,485$53,656,496$582,264,582
95$1,653,702,459$124,772,336$55,258,446$637,554,987
96$1,822,178,406$130,684,477$56,907,900$698,310,077
97$2,007,832,547$136,879,960$58,606,258$765,079,475
98$2,212,416,856$143,372,467$60,354,958$838,468,507
99$2,437,862,005$150,176,347$62,155,478$919,143,868
100$2,686,295,585$157,306,644$64,009,342$1,007,839,868