Can I retire at age 45 with 12,600,000?

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 $12,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$970,638
2 years$515,097$505,504$496,207$487,192$478,448$444,431
3 years$339,987$330,352$321,079$312,149$303,547$270,685
4 years$252,449$242,844$233,663$224,886$216,493$185,037
5 years$199,940$190,393$181,332$172,734$164,574$134,608
6 years$164,946$155,470$146,543$138,137$130,222$101,769
7 years$139,959$130,563$121,778$113,570$105,905$78,961
8 years$121,228$111,917$103,277$95,271$87,859$62,403
9 years$106,667$97,444$88,953$81,150$73,990$49,991
10 years$95,025$85,892$77,551$69,952$63,043$40,462
11 years$85,506$76,465$68,275$60,879$54,219$33,011
12 years$77,579$68,630$60,592$53,399$46,985$27,103
13 years$70,877$62,022$54,135$47,143$40,972$22,363
14 years$65,137$56,376$48,641$41,849$35,916$18,528
15 years$60,167$51,501$43,916$37,322$31,623$15,400
16 years$55,823$47,251$39,816$33,417$27,949$12,835
17 years$51,993$43,516$36,231$30,025$24,781$10,720
18 years$48,593$40,211$33,074$27,059$22,034$8,971
19 years$45,555$37,267$30,278$24,450$19,640$7,518
20 years$42,823$34,630$27,788$22,144$17,542$6,308
21 years$40,355$32,257$25,559$20,097$15,698$5,299
22 years$38,115$30,111$23,557$18,273$14,071$4,455
23 years$36,072$28,162$21,751$16,642$12,631$3,748
24 years$34,202$26,386$20,116$15,178$11,353$3,155
25 years$32,485$24,762$18,631$13,862$10,216$2,658
26 years$30,902$23,272$17,279$12,674$9,202$2,239
27 years$29,439$21,902$16,045$11,601$8,297$1,888
28 years$28,083$20,638$14,916$10,629$7,486$1,592
29 years$26,822$19,470$13,881$9,747$6,760$1,343
30 years$25,648$18,387$12,930$8,945$6,108$1,133
31 years$24,552$17,382$12,054$8,216$5,522$956
32 years$23,526$16,447$11,246$7,550$4,995$806
33 years$22,565$15,575$10,501$6,943$4,521$681
34 years$21,662$14,762$9,811$6,388$4,093$575
35 years$20,812$14,001$9,173$5,881$3,707$485
36 years$20,012$13,289$8,581$5,416$3,359$409
37 years$19,256$12,622$8,032$4,990$3,044$346
38 years$18,542$11,995$7,521$4,600$2,760$292
39 years$17,867$11,406$7,047$4,241$2,503$246
40 years$17,226$10,852$6,605$3,912$2,270$208
41 years$16,619$10,330$6,193$3,609$2,060$176
42 years$16,042$9,838$5,810$3,331$1,869$148
43 years$15,493$9,374$5,451$3,075$1,696$125
44 years$14,971$8,935$5,117$2,839$1,540$106
45 years$14,473$8,520$4,805$2,622$1,398$89
46 years$13,998$8,128$4,513$2,422$1,269$75
47 years$13,545$7,757$4,240$2,237$1,152$64
48 years$13,112$7,405$3,984$2,068$1,046$54
49 years$12,698$7,071$3,745$1,911$950$45
50 years$12,302$6,755$3,521$1,766$863$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $12,600,000, adding $6,918 every year, while hoping to spend $27,788 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: 27/44/29 Blend
44$12,600,000$12,600,000$12,600,000$12,600,000
45$13,892,336$13,224,536$13,029,236$14,142,080
46$15,279,788$13,842,972$13,436,149$14,964,465
47$16,807,829$14,490,780$13,855,763$15,843,939
48$18,490,769$15,169,370$14,288,472$16,787,638
49$20,344,378$15,880,220$14,734,687$17,801,056
50$22,386,034$16,624,879$15,194,828$18,890,206
51$24,634,883$17,404,973$15,669,329$20,061,666
52$27,112,028$18,222,203$16,158,638$21,322,634
53$29,840,720$19,078,356$16,663,217$22,680,991
54$32,846,581$19,975,304$17,183,543$24,145,367
55$36,157,847$20,915,008$17,720,106$25,725,217
56$39,805,630$21,899,526$18,273,413$27,430,900
57$43,824,218$22,931,016$18,843,985$29,273,768
58$48,251,391$24,011,739$19,432,361$31,266,270
59$53,128,785$25,144,066$20,039,097$33,422,054
60$58,502,279$26,330,483$20,664,765$35,756,090
61$64,422,431$27,573,597$21,309,955$38,284,802
62$70,944,957$28,876,140$21,975,276$41,026,210
63$78,131,250$30,240,979$22,661,355$44,000,092
64$86,048,967$31,671,116$23,368,840$47,228,161
65$94,772,663$33,169,703$24,098,398$50,734,252
66$104,384,498$34,740,041$24,850,717$54,544,543
67$114,975,008$36,385,595$25,626,508$58,687,783
68$126,643,964$38,109,994$26,426,501$63,195,553
69$139,501,311$39,917,046$27,251,451$68,102,549
70$153,668,206$41,810,743$28,102,136$73,446,897
71$169,278,164$43,795,270$28,979,359$79,270,494
72$186,478,316$45,875,018$29,883,947$85,619,393
73$205,430,797$48,054,587$30,816,752$92,544,215
74$226,314,280$50,338,803$31,778,654$100,100,612
75$249,325,658$52,732,726$32,770,561$108,349,777
76$274,681,908$55,241,662$33,793,407$117,358,997
77$302,622,134$57,871,175$34,848,158$127,202,273
78$333,409,827$60,627,097$35,935,806$137,960,994
79$367,335,352$63,515,548$37,057,378$149,724,688
80$404,718,689$66,542,941$38,213,931$162,591,838
81$445,912,452$69,716,002$39,406,556$176,670,794
82$491,305,222$73,041,786$40,636,375$192,080,765
83$541,325,210$76,527,689$41,904,549$208,952,924
84$596,444,303$80,181,467$43,212,273$227,431,613
85$657,182,517$84,011,254$44,560,779$247,675,683
86$724,112,907$88,025,579$45,951,338$269,859,958
87$797,866,977$92,233,385$47,385,261$294,176,857
88$879,140,640$96,644,052$48,863,899$320,838,175
89$968,700,790$101,267,416$50,388,645$350,077,053
90$1,067,392,542$106,113,791$51,960,935$382,150,136
91$1,176,147,207$111,193,992$53,582,252$417,339,964
92$1,295,991,087$116,519,363$55,254,123$455,957,597
93$1,428,055,164$122,101,798$56,978,123$498,345,508
94$1,573,585,777$127,953,772$58,755,875$544,880,778
95$1,733,956,385$134,088,365$60,589,056$595,978,606
96$1,910,680,538$140,519,297$62,479,391$652,096,183
97$2,105,426,163$147,260,953$64,428,661$713,736,959
98$2,320,031,313$154,328,421$66,438,703$781,455,342
99$2,556,521,516$161,737,523$68,511,409$855,861,878
100$2,817,128,901$169,504,852$70,648,731$937,628,959