Can I retire at age 45 with 12,700,000?

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 $12,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$1,048,754$1,039,412$1,030,298$1,021,402$1,012,716$979,906
2 years$519,185$509,516$500,145$491,059$482,246$449,498
3 years$342,685$332,974$323,627$314,626$305,956$274,299
4 years$254,453$244,771$235,517$226,670$218,211$187,886
5 years$201,527$191,904$182,771$174,105$165,880$136,969
6 years$166,255$156,704$147,706$139,233$131,255$103,782
7 years$141,070$131,600$122,745$114,471$106,746$80,707
8 years$122,190$112,805$104,097$96,027$88,556$63,933
9 years$107,513$98,217$89,659$81,794$74,577$51,342
10 years$95,779$86,574$78,167$70,507$63,543$41,660
11 years$86,184$77,071$68,817$61,362$54,649$34,078
12 years$78,195$69,175$61,073$53,823$47,358$28,053
13 years$71,439$62,514$54,565$47,517$41,297$23,210
14 years$65,654$56,824$49,027$42,181$36,201$19,283
15 years$60,645$51,909$44,264$37,618$31,874$16,073
16 years$56,266$47,626$40,132$33,683$28,170$13,435
17 years$52,406$43,862$36,519$30,264$24,978$11,254
18 years$48,979$40,530$33,337$27,274$22,209$9,446
19 years$45,916$37,563$30,518$24,644$19,795$7,940
20 years$43,163$34,905$28,008$22,320$17,682$6,683
21 years$40,676$32,513$25,762$20,257$15,823$5,631
22 years$38,417$30,350$23,744$18,418$14,183$4,749
23 years$36,358$28,385$21,923$16,774$12,732$4,008
24 years$34,474$26,595$20,275$15,299$11,443$3,385
25 years$32,743$24,958$18,779$13,972$10,297$2,860
26 years$31,147$23,457$17,417$12,775$9,276$2,418
27 years$29,672$22,076$16,173$11,693$8,363$2,045
28 years$28,306$20,802$15,035$10,713$7,546$1,730
29 years$27,035$19,624$13,991$9,824$6,814$1,464
30 years$25,852$18,533$13,032$9,016$6,157$1,239
31 years$24,747$17,520$12,150$8,281$5,566$1,049
32 years$23,713$16,577$11,336$7,610$5,035$888
33 years$22,744$15,699$10,584$6,998$4,557$752
34 years$21,834$14,879$9,889$6,439$4,126$637
35 years$20,977$14,112$9,246$5,927$3,737$539
36 years$20,171$13,395$8,649$5,459$3,386$457
37 years$19,409$12,722$8,095$5,030$3,068$387
38 years$18,689$12,090$7,581$4,636$2,782$328
39 years$18,008$11,497$7,103$4,275$2,523$278
40 years$17,363$10,938$6,657$3,943$2,288$235
41 years$16,751$10,412$6,242$3,638$2,076$199
42 years$16,169$9,916$5,856$3,357$1,884$169
43 years$15,616$9,448$5,495$3,099$1,710$143
44 years$15,089$9,006$5,158$2,861$1,552$121
45 years$14,588$8,588$4,843$2,643$1,409$103
46 years$14,109$8,193$4,549$2,441$1,279$87
47 years$13,653$7,818$4,273$2,255$1,161$74
48 years$13,216$7,464$4,016$2,084$1,055$63
49 years$12,799$7,127$3,775$1,926$958$53
50 years$12,400$6,808$3,549$1,780$870$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $12,700,000, adding $6,176 every year, while hoping to spend $43,674 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: 66/6/28 Blend
44$12,700,000$12,700,000$12,700,000$12,700,000
45$14,001,771$13,328,671$13,131,821$14,822,253
46$15,383,482$13,935,307$13,525,268$15,983,445
47$16,904,665$14,570,204$13,930,432$17,247,155
48$18,579,498$15,234,702$14,347,659$18,627,976
49$20,423,607$15,930,202$14,777,305$20,137,463
50$22,454,209$16,658,176$15,219,739$21,788,338
51$24,690,275$17,420,163$15,675,336$23,594,606
52$27,152,710$18,217,778$16,144,487$25,571,685
53$29,864,550$19,052,713$16,627,592$27,736,553
54$32,851,180$19,926,742$17,125,062$30,107,903
55$36,140,570$20,841,721$17,637,321$32,706,317
56$39,763,542$21,799,600$18,164,805$35,554,464
57$43,754,062$22,802,419$18,707,965$38,677,305
58$48,149,556$23,852,317$19,267,261$42,102,329
59$52,991,266$24,951,536$19,843,170$45,859,812
60$58,324,640$26,102,426$20,436,181$49,983,099
61$64,199,759$27,307,451$21,046,799$54,508,915
62$70,671,809$28,569,190$21,675,541$59,477,712
63$77,801,604$29,890,351$22,322,942$64,934,044
64$85,656,158$31,273,769$22,989,551$70,926,992
65$94,309,318$32,722,415$23,675,933$77,510,615
66$103,842,462$34,239,407$24,382,670$84,744,467
67$114,345,265$35,828,010$25,110,361$92,694,148
68$125,916,547$37,491,647$25,859,623$101,431,926
69$138,665,203$39,233,906$26,631,088$111,037,414
70$152,711,234$41,058,548$27,425,411$121,598,316
71$168,186,880$42,969,517$28,243,262$133,211,254
72$185,237,863$44,970,944$29,085,333$145,982,676
73$204,024,768$47,067,164$29,952,334$160,029,858
74$224,724,556$49,262,716$30,844,999$175,482,004
75$247,532,233$51,562,362$31,764,079$192,481,465
76$272,662,696$53,971,092$32,710,350$211,185,077
77$300,352,754$56,494,139$33,684,610$231,765,638
78$330,863,370$59,136,987$34,687,679$254,413,533
79$364,482,119$61,905,385$35,720,403$279,338,528
80$401,525,908$64,805,361$36,783,649$306,771,748
81$442,343,961$67,843,235$37,878,311$336,967,846
82$487,321,122$71,025,630$39,005,312$370,207,411
83$536,881,482$74,359,492$40,165,596$406,799,605
84$591,492,388$77,852,102$41,360,138$447,085,078
85$651,668,850$81,511,093$42,589,940$491,439,178
86$717,978,404$85,344,468$43,856,035$540,275,488
87$791,046,471$89,360,617$45,159,482$594,049,727
88$871,562,261$93,568,337$46,501,375$653,264,038
89$960,285,277$97,976,851$47,882,836$718,471,729
90$1,058,052,486$102,595,827$49,305,022$790,282,488
91$1,165,786,220$107,435,403$50,769,121$869,368,128
92$1,284,502,886$112,506,209$52,276,357$956,468,925
93$1,415,322,555$117,819,388$53,827,990$1,052,400,595
94$1,559,479,542$123,386,625$55,425,314$1,158,061,991
95$1,718,334,056$129,220,170$57,069,663$1,274,443,578
96$1,893,385,039$135,332,868$58,762,406$1,402,636,771
97$2,086,284,322$141,738,187$60,504,955$1,543,844,236
98$2,298,852,212$148,450,247$62,298,761$1,699,391,230
99$2,533,094,685$155,483,856$64,145,316$1,870,738,101
100$2,791,222,315$162,854,538$66,046,157$2,059,494,068