Can I retire at age 45 with 12,500,000?

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 $12,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$980,658
2 years$511,009$501,492$492,268$483,326$474,651$458,466
3 years$337,289$327,731$318,530$309,671$301,138$285,380
4 years$250,446$240,917$231,808$223,101$214,774$199,565
5 years$198,353$188,882$179,893$171,363$163,268$148,652
6 years$163,636$154,236$145,380$137,040$129,188$115,182
7 years$138,848$129,527$120,812$112,668$105,065$91,672
8 years$120,266$111,029$102,458$94,515$87,161$74,380
9 years$105,820$96,670$88,247$80,506$73,402$61,226
10 years$94,271$85,210$76,936$69,397$62,543$50,961
11 years$84,827$75,858$67,733$60,396$53,789$42,789
12 years$76,963$68,086$60,111$52,975$46,612$36,182
13 years$70,314$61,530$53,705$46,769$40,647$30,769
14 years$64,620$55,929$48,255$41,516$35,631$26,290
15 years$59,690$51,092$43,567$37,025$31,372$22,551
16 years$55,380$46,876$39,500$33,152$27,727$19,407
17 years$51,581$43,171$35,944$29,787$24,584$16,748
18 years$48,208$39,892$32,812$26,844$21,859$14,487
19 years$45,193$36,971$30,038$24,256$19,484$12,556
20 years$42,484$34,356$27,567$21,968$17,403$10,901
21 years$40,035$32,001$25,356$19,938$15,574$9,478
22 years$37,812$29,872$23,370$18,128$13,960$8,252
23 years$35,786$27,938$21,578$16,509$12,531$7,191
24 years$33,931$26,176$19,956$15,058$11,263$6,273
25 years$32,227$24,565$18,483$13,752$10,135$5,477
26 years$30,657$23,087$17,142$12,574$9,129$4,785
27 years$29,205$21,728$15,918$11,509$8,231$4,183
28 years$27,860$20,474$14,798$10,545$7,427$3,659
29 years$26,609$19,315$13,771$9,670$6,706$3,202
30 years$25,445$18,241$12,827$8,874$6,060$2,803
31 years$24,357$17,244$11,958$8,150$5,478$2,455
32 years$23,340$16,316$11,157$7,490$4,956$2,151
33 years$22,386$15,452$10,418$6,888$4,485$1,885
34 years$21,490$14,645$9,734$6,338$4,061$1,652
35 years$20,647$13,890$9,100$5,834$3,678$1,448
36 years$19,853$13,184$8,513$5,373$3,332$1,270
37 years$19,103$12,522$7,968$4,951$3,020$1,113
38 years$18,395$11,900$7,462$4,563$2,738$977
39 years$17,725$11,316$6,991$4,207$2,483$857
40 years$17,089$10,766$6,552$3,881$2,252$752
41 years$16,487$10,248$6,144$3,580$2,043$659
42 years$15,914$9,760$5,763$3,304$1,854$579
43 years$15,370$9,299$5,408$3,050$1,683$508
44 years$14,852$8,864$5,077$2,816$1,527$446
45 years$14,358$8,453$4,767$2,601$1,387$391
46 years$13,887$8,064$4,477$2,403$1,259$343
47 years$13,438$7,695$4,206$2,220$1,143$301
48 years$13,008$7,346$3,953$2,051$1,038$264
49 years$12,597$7,015$3,715$1,896$943$232
50 years$12,204$6,701$3,493$1,752$856$204

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $12,500,000, adding $4,038 every year, while hoping to spend $58,588 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: 62/28/10 Blend
44$12,500,000$12,500,000$12,500,000$12,500,000
45$13,779,165$13,116,665$12,922,915$14,602,353
46$15,122,303$13,697,045$13,293,496$15,734,147
47$16,600,477$14,303,899$13,674,527$16,961,877
48$18,227,399$14,938,464$14,066,297$18,300,492
49$20,018,179$15,602,033$14,469,103$19,760,726
50$21,989,462$16,295,962$14,883,247$21,354,381
51$24,159,594$17,021,670$15,309,042$23,094,441
52$26,548,786$17,780,646$15,746,809$24,995,186
53$29,179,310$18,574,445$16,196,875$27,072,325
54$32,075,708$19,404,702$16,659,579$29,343,139
55$35,265,022$20,273,124$17,135,266$31,826,643
56$38,777,050$21,181,503$17,624,294$34,543,760
57$42,644,628$22,131,715$18,127,026$37,517,512
58$46,903,936$23,125,725$18,643,838$40,773,237
59$51,594,845$24,165,593$19,175,114$44,338,820
60$56,761,288$25,253,476$19,721,249$48,244,953
61$62,451,676$26,391,634$20,282,648$52,525,418
62$68,719,358$27,582,435$20,859,727$57,217,403
63$75,623,118$28,828,359$21,452,913$62,361,845
64$83,227,734$30,132,007$22,062,644$68,003,814
65$91,604,590$31,496,103$22,689,370$74,192,927
66$100,832,346$32,923,499$23,333,551$80,983,813
67$110,997,681$34,417,186$23,995,661$88,436,625
68$122,196,114$35,980,298$24,676,185$96,617,594
69$134,532,902$37,616,117$25,375,622$105,599,653
70$148,124,035$39,328,084$26,094,482$115,463,114
71$163,097,331$41,119,804$26,833,291$126,296,420
72$179,593,639$42,995,054$27,592,587$138,196,972
73$197,768,172$44,957,794$28,372,921$151,272,037
74$217,791,971$47,012,172$29,174,859$165,639,753
75$239,853,518$49,162,534$29,998,983$181,430,238
76$264,160,516$51,413,438$30,845,888$198,786,802
77$290,941,849$53,769,656$31,716,186$217,867,294
78$320,449,742$56,236,194$32,610,502$238,845,578
79$352,962,143$58,818,295$33,529,481$261,913,168
80$388,785,344$61,521,454$34,473,781$287,281,016
81$428,256,875$64,351,431$35,444,079$315,181,499
82$471,748,689$67,314,263$36,441,068$345,870,594
83$519,670,670$70,416,277$37,465,459$379,630,284
84$572,474,507$73,664,103$38,517,980$416,771,204
85$630,657,954$77,064,692$39,599,380$457,635,559
86$694,769,531$80,625,328$40,710,425$502,600,338
87$765,413,700$84,353,645$41,851,901$552,080,858
88$843,256,570$88,257,647$43,024,612$606,534,666
89$929,032,190$92,345,721$44,229,386$666,465,843
90$1,023,549,471$96,626,659$45,467,069$732,429,740
91$1,127,699,829$101,109,677$46,738,528$805,038,206
92$1,242,465,596$105,804,435$48,044,652$884,965,337
93$1,368,929,292$110,721,059$49,386,354$972,953,825
94$1,508,283,851$115,870,161$50,764,567$1,069,821,944
95$1,661,843,872$121,262,868$52,180,249$1,176,471,248
96$1,831,058,041$126,910,842$53,634,381$1,293,895,065
97$2,017,522,797$132,826,309$55,127,969$1,423,187,842
98$2,222,997,408$139,022,084$56,662,042$1,565,555,452
99$2,449,420,580$145,511,602$58,237,656$1,722,326,552
100$2,698,928,754$152,308,945$59,855,892$1,894,965,093