Can I retire at age 45 with 12,800,000?

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 $12,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$1,004,608
2 years$523,273$513,528$504,083$494,925$486,043$469,882
3 years$345,384$335,596$326,175$317,104$308,366$292,629
4 years$256,456$246,699$237,372$228,455$219,929$204,738
5 years$203,114$193,415$184,210$175,476$167,186$152,585
6 years$167,564$157,938$148,869$140,329$132,289$118,293
7 years$142,181$132,636$123,711$115,372$107,586$94,201
8 years$123,152$113,693$104,917$96,783$89,253$76,476
9 years$108,360$98,991$90,365$82,438$75,164$62,989
10 years$96,533$87,255$78,782$71,062$64,044$52,460
11 years$86,863$77,678$69,359$61,845$55,080$44,076
12 years$78,810$69,720$61,554$54,247$47,731$37,293
13 years$72,002$63,006$54,994$47,892$41,622$31,736
14 years$66,171$57,271$49,413$42,513$36,486$27,134
15 years$61,122$52,318$44,613$37,914$32,125$23,291
16 years$56,709$48,001$40,448$33,948$28,392$20,058
17 years$52,819$44,207$36,806$30,502$25,174$17,322
18 years$49,365$40,849$33,599$27,488$22,384$14,994
19 years$46,278$37,859$30,759$24,838$19,951$13,005
20 years$43,503$35,180$28,229$22,496$17,821$11,299
21 years$40,996$32,769$25,965$20,416$15,948$9,832
22 years$38,720$30,589$23,931$18,563$14,295$8,566
23 years$36,645$28,609$22,096$16,906$12,832$7,471
24 years$34,745$26,805$20,435$15,419$11,534$6,523
25 years$33,000$25,155$18,927$14,082$10,378$5,699
26 years$31,392$23,642$17,554$12,875$9,349$4,983
27 years$29,906$22,249$16,300$11,785$8,428$4,360
28 years$28,528$20,966$15,153$10,798$7,605$3,817
29 years$27,248$19,779$14,101$9,902$6,867$3,343
30 years$26,055$18,679$13,135$9,087$6,205$2,929
31 years$24,942$17,658$12,245$8,346$5,610$2,567
32 years$23,900$16,708$11,425$7,670$5,075$2,251
33 years$22,923$15,822$10,668$7,053$4,592$1,974
34 years$22,006$14,996$9,967$6,490$4,158$1,732
35 years$21,143$14,224$9,319$5,974$3,766$1,519
36 years$20,329$13,500$8,717$5,502$3,412$1,333
37 years$19,562$12,822$8,159$5,069$3,093$1,170
38 years$18,837$12,186$7,641$4,673$2,804$1,027
39 years$18,150$11,587$7,159$4,308$2,543$902
40 years$17,500$11,024$6,710$3,974$2,306$792
41 years$16,882$10,494$6,292$3,666$2,092$695
42 years$16,296$9,994$5,902$3,384$1,898$611
43 years$15,739$9,523$5,538$3,123$1,723$536
44 years$15,208$9,077$5,198$2,884$1,564$471
45 years$14,703$8,656$4,881$2,663$1,420$414
46 years$14,220$8,257$4,584$2,460$1,289$363
47 years$13,760$7,880$4,307$2,273$1,171$319
48 years$13,320$7,522$4,047$2,100$1,063$280
49 years$12,900$7,184$3,804$1,941$965$246
50 years$12,497$6,862$3,577$1,794$877$216

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $12,800,000, adding $6,473 every year, while hoping to spend $40,526 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: 48/23/29 Blend
44$12,800,000$12,800,000$12,800,000$12,800,000
45$14,112,277$13,433,877$13,235,477$14,672,425
46$15,508,610$14,049,018$13,635,746$15,682,894
47$17,046,010$14,692,942$14,048,066$16,775,151
48$18,738,825$15,367,017$14,472,797$17,960,612
49$20,602,861$16,072,677$14,910,312$19,248,099
50$22,655,538$16,811,424$15,360,993$20,647,300
51$24,916,051$17,584,832$15,825,234$22,168,869
52$27,405,550$18,394,550$16,303,441$23,824,512
53$30,147,342$19,242,309$16,796,032$25,627,100
54$33,167,109$20,129,920$17,303,438$27,590,785
55$36,493,151$21,059,283$17,826,100$29,731,127
56$40,156,654$22,032,390$18,364,476$32,065,240
57$44,191,983$23,051,326$18,919,036$34,611,946
58$48,637,004$24,118,281$19,490,262$37,391,947
59$53,533,447$25,235,545$20,078,655$40,428,020
60$58,927,294$26,405,522$20,684,725$43,745,220
61$64,869,217$27,630,732$21,309,002$47,371,118
62$71,415,053$28,913,814$21,952,030$51,336,049
63$78,626,334$30,257,536$22,614,368$55,673,396
64$86,570,864$31,664,799$23,296,594$60,419,899
65$95,323,362$33,138,644$23,999,300$65,615,993
66$104,966,167$34,682,259$24,723,098$71,306,183
67$115,590,012$36,298,986$25,468,618$77,539,460
68$127,294,884$37,992,327$26,236,507$84,369,752
69$140,190,966$39,765,955$27,027,434$91,856,427
70$154,399,676$41,623,719$27,842,085$100,064,846
71$170,054,815$43,569,653$28,681,167$109,066,970
72$187,303,830$45,607,990$29,545,410$118,942,031
73$206,309,202$47,743,162$30,435,562$129,777,270
74$227,249,983$49,979,820$31,352,397$141,668,753
75$250,323,488$52,322,838$32,296,708$154,722,265
76$275,747,151$54,777,325$33,269,315$169,054,298
77$303,760,584$57,348,637$34,271,061$184,793,143
78$334,627,835$60,042,391$35,302,813$202,080,086
79$368,639,881$62,864,475$36,365,464$221,070,731
80$406,117,376$65,821,061$37,459,934$241,936,456
81$447,413,676$68,918,622$38,587,169$264,866,017
82$492,918,177$72,163,940$39,748,146$290,067,320
83$543,059,990$75,564,132$40,943,867$317,769,363
84$598,311,988$79,126,653$42,175,366$348,224,387
85$659,195,275$82,859,324$43,443,706$381,710,242
86$726,284,106$86,770,344$44,749,982$418,532,990
87$800,211,301$90,868,307$46,095,323$459,029,782
88$881,674,226$95,162,226$47,480,888$503,572,018
89$971,441,372$99,661,550$48,907,873$552,568,838
90$1,070,359,613$104,376,187$50,377,508$606,470,963
91$1,179,362,198$109,316,524$51,891,059$665,774,932
92$1,299,477,562$114,493,455$53,449,830$731,027,763
93$1,431,839,037$119,918,398$55,055,162$802,832,103
94$1,577,695,548$125,603,328$56,708,439$881,851,886
95$1,738,423,404$131,560,801$58,411,082$968,818,581
96$1,915,539,293$137,803,982$60,164,555$1,064,538,070
97$2,110,714,598$144,346,675$61,970,365$1,169,898,232
98$2,325,791,179$151,203,354$63,830,065$1,285,877,293
99$2,562,798,758$158,389,197$65,745,250$1,413,553,036
100$2,823,974,082$165,920,117$67,717,566$1,554,112,945