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%12.2%
1 years$1,048,754$1,039,412$1,030,298$1,021,402$1,012,716$1,003,393
2 years$519,185$509,516$500,145$491,059$482,246$472,852
3 years$342,685$332,974$323,627$314,626$305,956$296,784
4 years$254,453$244,771$235,517$226,670$218,211$209,330
5 years$201,527$191,904$182,771$174,105$165,880$157,317
6 years$166,255$156,704$147,706$139,233$131,255$123,021
7 years$141,070$131,600$122,745$114,471$106,746$98,843
8 years$122,190$112,805$104,097$96,027$88,556$80,985
9 years$107,513$98,217$89,659$81,794$74,577$67,336
10 years$95,779$86,574$78,167$70,507$63,543$56,627
11 years$86,184$77,071$68,817$61,362$54,649$48,053
12 years$78,195$69,175$61,073$53,823$47,358$41,075
13 years$71,439$62,514$54,565$47,517$41,297$35,320
14 years$65,654$56,824$49,027$42,181$36,201$30,522
15 years$60,645$51,909$44,264$37,618$31,874$26,485
16 years$56,266$47,626$40,132$33,683$28,170$23,063
17 years$52,406$43,862$36,519$30,264$24,978$20,142
18 years$48,979$40,530$33,337$27,274$22,209$17,637
19 years$45,916$37,563$30,518$24,644$19,795$15,476
20 years$43,163$34,905$28,008$22,320$17,682$13,607
21 years$40,676$32,513$25,762$20,257$15,823$11,982
22 years$38,417$30,350$23,744$18,418$14,183$10,567
23 years$36,358$28,385$21,923$16,774$12,732$9,330
24 years$34,474$26,595$20,275$15,299$11,443$8,247
25 years$32,743$24,958$18,779$13,972$10,297$7,297
26 years$31,147$23,457$17,417$12,775$9,276$6,462
27 years$29,672$22,076$16,173$11,693$8,363$5,726
28 years$28,306$20,802$15,035$10,713$7,546$5,078
29 years$27,035$19,624$13,991$9,824$6,814$4,505
30 years$25,852$18,533$13,032$9,016$6,157$4,000
31 years$24,747$17,520$12,150$8,281$5,566$3,552
32 years$23,713$16,577$11,336$7,610$5,035$3,156
33 years$22,744$15,699$10,584$6,998$4,557$2,805
34 years$21,834$14,879$9,889$6,439$4,126$2,494
35 years$20,977$14,112$9,246$5,927$3,737$2,218
36 years$20,171$13,395$8,649$5,459$3,386$1,973
37 years$19,409$12,722$8,095$5,030$3,068$1,755
38 years$18,689$12,090$7,581$4,636$2,782$1,562
39 years$18,008$11,497$7,103$4,275$2,523$1,390
40 years$17,363$10,938$6,657$3,943$2,288$1,237
41 years$16,751$10,412$6,242$3,638$2,076$1,102
42 years$16,169$9,916$5,856$3,357$1,884$981
43 years$15,616$9,448$5,495$3,099$1,710$873
44 years$15,089$9,006$5,158$2,861$1,552$778
45 years$14,588$8,588$4,843$2,643$1,409$693
46 years$14,109$8,193$4,549$2,441$1,279$617
47 years$13,653$7,818$4,273$2,255$1,161$550
48 years$13,216$7,464$4,016$2,084$1,055$490
49 years$12,799$7,127$3,775$1,926$958$436
50 years$12,400$6,808$3,549$1,780$870$389

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 $3,908 every year, while hoping to spend $27,437 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: 30/42/28 Blend
44$12,700,000$12,700,000$12,700,000$12,700,000
45$13,999,431$13,326,331$13,129,481$14,298,692
46$15,398,180$13,950,129$13,540,126$15,156,796
47$16,938,682$14,603,573$13,963,608$16,076,583
48$18,635,367$15,288,087$14,400,328$17,065,526
49$20,504,135$16,005,164$14,850,700$18,129,658
50$22,562,509$16,756,368$15,315,149$19,275,585
51$24,829,795$17,543,341$15,794,117$20,510,541
52$27,327,271$18,367,801$16,288,057$21,842,449
53$30,078,381$19,231,552$16,797,436$23,279,989
54$33,108,963$20,136,485$17,322,736$24,832,675
55$36,447,485$21,084,580$17,864,456$26,510,936
56$40,125,320$22,077,917$18,423,108$28,326,209
57$44,177,041$23,118,673$18,999,220$30,291,036
58$48,640,744$24,209,133$19,593,339$32,419,175
59$53,558,411$25,351,692$20,206,026$34,725,725
60$58,976,303$26,548,859$20,837,863$37,227,252
61$64,945,401$27,803,268$21,489,446$39,941,944
62$71,521,883$29,117,679$22,161,393$42,889,769
63$78,767,655$30,494,985$22,854,340$46,092,652
64$86,750,938$31,938,222$23,568,943$49,574,672
65$95,546,909$33,450,570$24,305,877$53,362,282
66$105,238,411$35,035,365$25,065,842$57,484,541
67$115,916,737$36,696,106$25,849,555$61,973,379
68$127,682,488$38,436,459$26,657,759$66,863,886
69$140,646,526$40,260,270$27,491,219$72,194,628
70$154,931,020$42,171,571$28,350,722$78,007,999
71$170,670,596$44,174,590$29,237,084$84,350,606
72$188,013,612$46,273,760$30,151,141$91,273,691
73$207,123,557$48,473,730$31,093,760$98,833,601
74$228,180,591$50,779,375$32,065,833$107,092,304
75$251,383,251$53,195,804$33,068,278$116,117,954
76$276,950,322$55,728,378$34,102,045$125,985,518
77$305,122,903$58,382,716$35,168,111$136,777,461
78$336,166,682$61,164,712$36,267,486$148,584,508
79$370,374,445$64,080,545$37,401,208$161,506,479
80$408,068,841$67,136,694$38,570,352$175,653,207
81$449,605,427$70,339,956$39,776,022$191,145,551
82$495,376,021$73,697,454$41,019,359$208,116,518
83$545,812,407$77,216,661$42,301,540$226,712,487
84$601,390,407$80,905,413$43,623,776$247,094,569
85$662,634,375$84,771,925$44,987,320$269,440,096
86$730,122,146$88,824,813$46,393,459$293,944,270
87$804,490,490$93,073,114$47,843,525$320,821,973
88$886,441,125$97,526,302$49,338,888$350,309,766
89$976,747,342$102,194,313$50,880,964$382,668,084
90$1,076,261,304$107,087,567$52,471,209$418,183,666
91$1,185,922,091$112,216,992$54,111,128$457,172,222
92$1,306,764,565$117,594,045$55,802,271$499,981,373
93$1,439,929,141$123,230,744$57,546,238$546,993,900
94$1,586,672,554$129,139,691$59,344,678$598,631,308
95$1,748,379,720$135,334,102$61,199,290$655,357,765
96$1,926,576,814$141,827,835$63,111,829$717,684,439
97$2,122,945,676$148,635,426$65,084,102$786,174,272
98$2,339,339,690$155,772,117$67,117,974$861,447,249
99$2,577,801,280$163,253,892$69,215,368$944,186,194
100$2,840,581,194$171,097,516$71,378,266$1,035,143,165