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%12.9%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$1,008,354
2 years$523,273$513,528$504,083$494,925$486,043$473,628
3 years$345,384$335,596$326,175$317,104$308,366$296,257
4 years$256,456$246,699$237,372$228,455$219,929$208,221
5 years$203,114$193,415$184,210$175,476$167,186$155,913
6 years$167,564$157,938$148,869$140,329$132,289$121,463
7 years$142,181$132,636$123,711$115,372$107,586$97,213
8 years$123,152$113,693$104,917$96,783$89,253$79,331
9 years$108,360$98,991$90,365$82,438$75,164$65,689
10 years$96,533$87,255$78,782$71,062$64,044$55,009
11 years$86,863$77,678$69,359$61,845$55,080$46,478
12 years$78,810$69,720$61,554$54,247$47,731$39,553
13 years$72,002$63,006$54,994$47,892$41,622$33,857
14 years$66,171$57,271$49,413$42,513$36,486$29,122
15 years$61,122$52,318$44,613$37,914$32,125$25,152
16 years$56,709$48,001$40,448$33,948$28,392$21,796
17 years$52,819$44,207$36,806$30,502$25,174$18,943
18 years$49,365$40,849$33,599$27,488$22,384$16,504
19 years$46,278$37,859$30,759$24,838$19,951$14,409
20 years$43,503$35,180$28,229$22,496$17,821$12,603
21 years$40,996$32,769$25,965$20,416$15,948$11,041
22 years$38,720$30,589$23,931$18,563$14,295$9,686
23 years$36,645$28,609$22,096$16,906$12,832$8,507
24 years$34,745$26,805$20,435$15,419$11,534$7,479
25 years$33,000$25,155$18,927$14,082$10,378$6,581
26 years$31,392$23,642$17,554$12,875$9,349$5,796
27 years$29,906$22,249$16,300$11,785$8,428$5,107
28 years$28,528$20,966$15,153$10,798$7,605$4,504
29 years$27,248$19,779$14,101$9,902$6,867$3,973
30 years$26,055$18,679$13,135$9,087$6,205$3,507
31 years$24,942$17,658$12,245$8,346$5,610$3,097
32 years$23,900$16,708$11,425$7,670$5,075$2,735
33 years$22,923$15,822$10,668$7,053$4,592$2,417
34 years$22,006$14,996$9,967$6,490$4,158$2,136
35 years$21,143$14,224$9,319$5,974$3,766$1,889
36 years$20,329$13,500$8,717$5,502$3,412$1,670
37 years$19,562$12,822$8,159$5,069$3,093$1,477
38 years$18,837$12,186$7,641$4,673$2,804$1,307
39 years$18,150$11,587$7,159$4,308$2,543$1,156
40 years$17,500$11,024$6,710$3,974$2,306$1,023
41 years$16,882$10,494$6,292$3,666$2,092$905
42 years$16,296$9,994$5,902$3,384$1,898$801
43 years$15,739$9,523$5,538$3,123$1,723$709
44 years$15,208$9,077$5,198$2,884$1,564$628
45 years$14,703$8,656$4,881$2,663$1,420$556
46 years$14,220$8,257$4,584$2,460$1,289$492
47 years$13,760$7,880$4,307$2,273$1,171$436
48 years$13,320$7,522$4,047$2,100$1,063$386
49 years$12,900$7,184$3,804$1,941$965$341
50 years$12,497$6,862$3,577$1,794$877$302

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 $6,023 every year, while hoping to spend $54,550 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: 86/5/9 Blend
44$12,800,000$12,800,000$12,800,000$12,800,000
45$14,111,813$13,433,413$13,235,013$15,309,105
46$15,493,177$14,033,609$13,620,345$16,691,561
47$17,013,612$14,661,387$14,016,757$18,202,478
48$18,687,245$15,318,040$14,424,564$19,861,163
49$20,529,644$16,004,924$14,844,086$21,682,471
50$22,557,961$16,723,458$15,275,657$23,682,764
51$24,791,097$17,475,131$15,719,615$25,880,064
52$27,249,877$18,261,501$16,176,310$28,294,223
53$29,957,251$19,084,201$16,646,103$30,947,109
54$32,938,505$19,944,941$17,129,362$33,862,811
55$36,221,504$20,845,515$17,626,467$37,067,867
56$39,836,952$21,787,800$18,137,808$40,591,510
57$43,818,683$22,773,764$18,663,787$44,465,945
58$48,203,978$23,805,468$19,204,813$48,726,654
59$53,033,921$24,885,073$19,761,312$53,412,723
60$58,353,782$26,014,843$20,333,717$58,567,215
61$64,213,447$27,197,149$20,922,475$64,237,575
62$70,667,886$28,434,477$21,528,046$70,476,072
63$77,777,675$29,729,431$22,150,900$77,340,296
64$85,609,565$31,084,740$22,791,522$84,893,697
65$94,237,112$32,503,264$23,450,410$93,206,182
66$103,741,374$33,988,000$24,128,075$102,354,775
67$114,211,670$35,542,089$24,825,041$112,424,341
68$125,746,430$37,168,821$25,541,850$123,508,387
69$138,454,119$38,871,645$26,279,055$135,709,939
70$152,454,260$40,654,178$27,037,224$149,142,516
71$167,878,568$42,520,205$27,816,944$163,931,198
72$184,872,185$44,473,698$28,618,815$180,213,805
73$203,595,056$46,518,818$29,443,453$198,142,196
74$224,223,436$48,659,924$30,291,493$217,883,700
75$246,951,553$50,901,587$31,163,586$239,622,690
76$271,993,445$53,248,598$32,060,399$263,562,328
77$299,584,973$55,705,977$32,982,620$289,926,474
78$329,986,056$58,278,985$33,930,953$318,961,797
79$363,483,117$60,973,139$34,906,123$350,940,105
80$400,391,790$63,794,218$35,908,873$386,160,903
81$441,059,900$66,748,282$36,939,968$424,954,221
82$485,870,744$69,841,682$38,000,191$467,683,724
83$535,246,710$73,081,074$39,090,347$514,750,142
84$589,653,265$76,473,437$40,211,264$566,595,050
85$649,603,347$80,026,084$41,363,791$623,705,034
86$715,662,209$83,746,683$42,548,798$686,616,279
87$788,452,754$87,643,270$43,767,182$755,919,627
88$868,661,413$91,724,269$45,019,862$832,266,152
89$957,044,630$95,998,511$46,307,780$916,373,301
90$1,054,435,998$100,475,253$47,631,906$1,009,031,663
91$1,161,754,128$105,164,200$48,993,233$1,111,112,428
92$1,280,011,327$110,075,522$50,392,784$1,223,575,605
93$1,410,323,145$115,219,886$51,831,605$1,347,479,085
94$1,553,918,914$120,608,469$53,310,772$1,483,988,615
95$1,712,153,350$126,252,991$54,831,390$1,634,388,806
96$1,886,519,343$132,165,738$56,394,592$1,800,095,247
97$2,078,662,046$138,359,589$58,001,541$1,982,667,871
98$2,290,394,414$144,848,048$59,653,432$2,183,825,670
99$2,523,714,311$151,645,270$61,351,489$2,405,462,917
100$2,780,823,378$158,766,095$63,096,971$2,649,667,046