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%15.7%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$981,249
2 years$515,097$505,504$496,207$487,192$478,448$454,914
3 years$339,987$330,352$321,079$312,149$303,547$280,706
4 years$252,449$242,844$233,663$224,886$216,493$194,520
5 years$199,940$190,393$181,332$172,734$164,574$143,532
6 years$164,946$155,470$146,543$138,137$130,222$110,132
7 years$139,959$130,563$121,778$113,570$105,905$86,770
8 years$121,228$111,917$103,277$95,271$87,859$69,671
9 years$106,667$97,444$88,953$81,150$73,990$56,735
10 years$95,025$85,892$77,551$69,952$63,043$46,703
11 years$85,506$76,465$68,275$60,879$54,219$38,770
12 years$77,579$68,630$60,592$53,399$46,985$32,403
13 years$70,877$62,022$54,135$47,143$40,972$27,229
14 years$65,137$56,376$48,641$41,849$35,916$22,983
15 years$60,167$51,501$43,916$37,322$31,623$19,470
16 years$55,823$47,251$39,816$33,417$27,949$16,544
17 years$51,993$43,516$36,231$30,025$24,781$14,094
18 years$48,593$40,211$33,074$27,059$22,034$12,032
19 years$45,555$37,267$30,278$24,450$19,640$10,290
20 years$42,823$34,630$27,788$22,144$17,542$8,814
21 years$40,355$32,257$25,559$20,097$15,698$7,559
22 years$38,115$30,111$23,557$18,273$14,071$6,490
23 years$36,072$28,162$21,751$16,642$12,631$5,578
24 years$34,202$26,386$20,116$15,178$11,353$4,797
25 years$32,485$24,762$18,631$13,862$10,216$4,129
26 years$30,902$23,272$17,279$12,674$9,202$3,556
27 years$29,439$21,902$16,045$11,601$8,297$3,064
28 years$28,083$20,638$14,916$10,629$7,486$2,641
29 years$26,822$19,470$13,881$9,747$6,760$2,277
30 years$25,648$18,387$12,930$8,945$6,108$1,964
31 years$24,552$17,382$12,054$8,216$5,522$1,695
32 years$23,526$16,447$11,246$7,550$4,995$1,463
33 years$22,565$15,575$10,501$6,943$4,521$1,262
34 years$21,662$14,762$9,811$6,388$4,093$1,090
35 years$20,812$14,001$9,173$5,881$3,707$941
36 years$20,012$13,289$8,581$5,416$3,359$813
37 years$19,256$12,622$8,032$4,990$3,044$702
38 years$18,542$11,995$7,521$4,600$2,760$606
39 years$17,867$11,406$7,047$4,241$2,503$524
40 years$17,226$10,852$6,605$3,912$2,270$452
41 years$16,619$10,330$6,193$3,609$2,060$391
42 years$16,042$9,838$5,810$3,331$1,869$338
43 years$15,493$9,374$5,451$3,075$1,696$292
44 years$14,971$8,935$5,117$2,839$1,540$252
45 years$14,473$8,520$4,805$2,622$1,398$218
46 years$13,998$8,128$4,513$2,422$1,269$188
47 years$13,545$7,757$4,240$2,237$1,152$163
48 years$13,112$7,405$3,984$2,068$1,046$141
49 years$12,698$7,071$3,745$1,911$950$122
50 years$12,302$6,755$3,521$1,766$863$105

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 $5,419 every year, while hoping to spend $43,116 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: 62/24/14 Blend
44$12,600,000$12,600,000$12,600,000$12,600,000
45$13,890,790$13,222,990$13,027,690$14,704,294
46$15,261,775$13,825,041$13,418,242$15,853,189
47$16,771,156$14,455,148$13,820,433$17,101,402
48$18,433,003$15,114,639$14,234,607$18,462,922
49$20,262,821$15,804,909$14,661,118$19,948,743
50$22,277,695$16,527,415$15,100,331$21,570,960
51$24,496,450$17,283,688$15,552,622$23,342,873
52$26,939,830$18,075,331$16,018,377$25,279,117
53$29,630,694$18,904,024$16,497,995$27,395,790
54$32,594,231$19,771,527$16,991,884$29,710,603
55$35,858,197$20,679,687$17,500,466$32,243,048
56$39,453,177$21,630,435$18,024,176$35,014,570
57$43,412,875$22,625,800$18,563,459$38,048,773
58$47,774,429$23,667,905$19,118,776$41,371,632
59$52,578,765$24,758,977$19,690,599$45,011,739
60$57,870,980$25,901,348$20,279,416$49,000,564
61$63,700,771$27,097,465$20,885,727$53,372,750
62$70,122,900$28,349,890$21,510,049$58,166,432
63$77,197,711$29,661,311$22,152,911$63,423,595
64$84,991,706$31,034,544$22,814,862$69,190,461
65$93,578,163$32,472,539$23,496,462$75,517,923
66$103,037,833$33,978,391$24,198,291$82,462,017
67$113,459,702$35,555,342$24,920,945$90,084,443
68$124,941,831$37,206,793$25,665,035$98,453,145
69$137,592,277$38,936,306$26,431,194$107,642,942
70$151,530,120$40,747,615$27,220,069$117,736,226
71$166,886,581$42,644,637$28,032,331$128,823,738
72$183,806,264$44,631,476$28,868,665$141,005,407
73$202,448,517$46,712,433$29,729,780$154,391,295
74$222,988,942$48,892,018$30,616,403$169,102,619
75$245,621,046$51,174,959$31,529,285$185,272,890
76$270,558,073$53,566,212$32,469,196$203,049,165
77$298,035,013$56,070,973$33,436,931$222,593,421
78$328,310,821$58,694,687$34,433,304$244,084,077
79$361,670,862$61,443,065$35,459,158$267,717,665
80$398,429,607$64,322,091$36,515,356$293,710,675
81$438,933,596$67,338,042$37,602,790$322,301,587
82$483,564,712$70,497,497$38,722,373$353,753,109
83$532,743,790$73,807,350$39,875,049$388,354,643
84$586,934,580$77,274,834$41,061,787$426,425,005
85$646,648,135$80,907,529$42,283,585$468,315,418
86$712,447,629$84,713,383$43,541,469$514,412,815
87$784,953,675$88,700,726$44,836,497$565,143,475
88$864,850,184$92,878,296$46,169,753$620,977,030
89$952,890,821$97,255,251$47,542,358$682,430,883
90$1,049,906,119$101,841,192$48,955,461$750,075,071
91$1,156,811,322$106,646,189$50,410,247$824,537,631
92$1,274,615,020$111,680,796$51,907,934$906,510,508
93$1,404,428,677$116,956,080$53,449,775$996,756,065
94$1,547,477,120$122,483,645$55,037,060$1,096,114,262
95$1,705,110,100$128,275,658$56,671,116$1,205,510,558
96$1,878,815,039$134,344,874$58,353,307$1,325,964,629
97$2,070,231,069$140,704,669$60,085,039$1,458,599,967
98$2,281,164,506$147,369,065$61,867,756$1,604,654,458
99$2,513,605,905$154,352,768$63,702,944$1,765,492,047
100$2,769,748,848$161,671,195$65,592,134$1,942,615,582