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%11%
1 years$1,048,754$1,039,412$1,030,298$1,021,402$1,012,716$1,008,449
2 years$519,185$509,516$500,145$491,059$482,246$477,938
3 years$342,685$332,974$323,627$314,626$305,956$301,741
4 years$254,453$244,771$235,517$226,670$218,211$214,120
5 years$201,527$191,904$182,771$174,105$165,880$161,927
6 years$166,255$156,704$147,706$139,233$131,255$127,444
7 years$141,070$131,600$122,745$114,471$106,746$103,079
8 years$122,190$112,805$104,097$96,027$88,556$85,033
9 years$107,513$98,217$89,659$81,794$74,577$71,198
10 years$95,779$86,574$78,167$70,507$63,543$60,307
11 years$86,184$77,071$68,817$61,362$54,649$51,553
12 years$78,195$69,175$61,073$53,823$47,358$44,399
13 years$71,439$62,514$54,565$47,517$41,297$38,473
14 years$65,654$56,824$49,027$42,181$36,201$33,509
15 years$60,645$51,909$44,264$37,618$31,874$29,311
16 years$56,266$47,626$40,132$33,683$28,170$25,732
17 years$52,406$43,862$36,519$30,264$24,978$22,661
18 years$48,979$40,530$33,337$27,274$22,209$20,011
19 years$45,916$37,563$30,518$24,644$19,795$17,711
20 years$43,163$34,905$28,008$22,320$17,682$15,707
21 years$40,676$32,513$25,762$20,257$15,823$13,955
22 years$38,417$30,350$23,744$18,418$14,183$12,417
23 years$36,358$28,385$21,923$16,774$12,732$11,064
24 years$34,474$26,595$20,275$15,299$11,443$9,870
25 years$32,743$24,958$18,779$13,972$10,297$8,814
26 years$31,147$23,457$17,417$12,775$9,276$7,879
27 years$29,672$22,076$16,173$11,693$8,363$7,048
28 years$28,306$20,802$15,035$10,713$7,546$6,310
29 years$27,035$19,624$13,991$9,824$6,814$5,653
30 years$25,852$18,533$13,032$9,016$6,157$5,067
31 years$24,747$17,520$12,150$8,281$5,566$4,544
32 years$23,713$16,577$11,336$7,610$5,035$4,077
33 years$22,744$15,699$10,584$6,998$4,557$3,660
34 years$21,834$14,879$9,889$6,439$4,126$3,287
35 years$20,977$14,112$9,246$5,927$3,737$2,952
36 years$20,171$13,395$8,649$5,459$3,386$2,653
37 years$19,409$12,722$8,095$5,030$3,068$2,384
38 years$18,689$12,090$7,581$4,636$2,782$2,143
39 years$18,008$11,497$7,103$4,275$2,523$1,927
40 years$17,363$10,938$6,657$3,943$2,288$1,733
41 years$16,751$10,412$6,242$3,638$2,076$1,559
42 years$16,169$9,916$5,856$3,357$1,884$1,403
43 years$15,616$9,448$5,495$3,099$1,710$1,262
44 years$15,089$9,006$5,158$2,861$1,552$1,136
45 years$14,588$8,588$4,843$2,643$1,409$1,022
46 years$14,109$8,193$4,549$2,441$1,279$920
47 years$13,653$7,818$4,273$2,255$1,161$828
48 years$13,216$7,464$4,016$2,084$1,055$746
49 years$12,799$7,127$3,775$1,926$958$671
50 years$12,400$6,808$3,549$1,780$870$604

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 $5,892 every year, while hoping to spend $43,181 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: 39/43/18 Blend
44$12,700,000$12,700,000$12,700,000$12,700,000
45$14,001,478$13,328,378$13,131,528$14,472,038
46$15,383,684$13,935,524$13,525,490$15,416,716
47$16,905,428$14,570,973$13,931,202$16,432,935
48$18,580,898$15,236,066$14,349,013$17,530,847
49$20,425,725$15,932,209$14,779,281$18,717,872
50$22,457,137$16,660,875$15,222,374$20,002,146
51$24,694,113$17,423,607$15,678,673$21,392,594
52$27,157,572$18,222,023$16,148,567$22,899,008
53$29,870,560$19,057,818$16,632,460$24,532,134
54$32,858,475$19,932,769$17,130,765$26,303,764
55$36,149,302$20,848,737$17,643,909$28,226,845
56$39,773,881$21,807,675$18,172,329$30,315,595
57$43,766,193$22,811,627$18,716,478$32,585,624
58$48,163,685$23,862,737$19,276,821$35,054,079
59$53,007,622$24,963,252$19,853,835$37,739,797
60$58,343,474$26,115,526$20,448,013$40,663,476
61$64,221,349$27,322,028$21,059,863$43,847,858
62$70,696,463$28,585,343$21,689,904$47,317,937
63$77,829,661$29,908,184$22,338,675$51,101,186
64$85,687,994$31,293,392$23,006,728$55,227,808
65$94,345,347$32,743,947$23,694,631$59,731,006
66$103,883,141$34,262,969$24,402,970$64,647,292
67$114,391,099$35,853,732$25,132,347$70,016,814
68$125,968,094$37,519,667$25,883,383$75,883,728
69$138,723,078$39,264,369$26,656,715$82,296,603
70$152,776,117$41,091,609$27,453,000$89,308,861
71$168,259,520$43,005,336$28,272,914$96,979,276
72$185,319,087$45,009,694$29,117,153$105,372,506
73$204,115,489$47,109,024$29,986,433$114,559,697
74$224,825,780$49,307,877$30,881,489$124,619,134
75$247,645,071$51,611,026$31,803,082$135,636,965
76$272,788,374$54,023,471$32,751,990$147,707,998
77$300,492,623$56,550,456$33,729,016$160,936,579
78$331,018,920$59,197,478$34,734,988$175,437,558
79$364,654,996$61,970,300$35,770,756$191,337,352
80$401,717,923$64,874,963$36,837,195$208,775,122
81$442,557,115$67,917,800$37,935,204$227,904,063
82$487,557,620$71,105,451$39,065,713$248,892,829
83$537,143,756$74,444,877$40,229,673$271,927,100
84$591,783,118$77,943,375$41,428,066$297,211,315
85$651,990,993$81,608,597$42,661,902$324,970,572
86$718,335,219$85,448,563$43,932,221$355,452,729
87$791,441,552$89,471,684$45,240,092$388,930,716
88$871,999,571$93,686,776$46,586,615$425,705,081
89$960,769,182$98,103,083$47,972,922$466,106,800
90$1,058,587,803$102,730,298$49,400,178$510,500,364
91$1,166,378,257$107,578,582$50,869,583$559,287,193
92$1,285,157,495$112,658,588$52,382,370$612,909,387
93$1,416,046,188$117,981,487$53,939,807$671,853,862
94$1,560,279,310$123,558,991$55,543,202$736,656,914
95$1,719,217,797$129,403,379$57,193,897$807,909,233
96$1,894,361,396$135,527,528$58,893,275$886,261,446
97$2,087,362,817$141,944,936$60,642,760$972,430,210
98$2,300,043,346$148,669,759$62,443,813$1,067,204,934
99$2,534,410,028$155,716,838$64,297,942$1,171,455,182
100$2,792,674,623$163,101,735$66,206,695$1,286,138,832