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%14.2%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$1,002,955
2 years$523,273$513,528$504,083$494,925$486,043$468,233
3 years$345,384$335,596$326,175$317,104$308,366$291,035
4 years$256,456$246,699$237,372$228,455$219,929$203,212
5 years$203,114$193,415$184,210$175,476$167,186$151,130
6 years$167,564$157,938$148,869$140,329$132,289$116,912
7 years$142,181$132,636$123,711$115,372$107,586$92,893
8 years$123,152$113,693$104,917$96,783$89,253$75,240
9 years$108,360$98,991$90,365$82,438$75,164$61,823
10 years$96,533$87,255$78,782$71,062$64,044$51,364
11 years$86,863$77,678$69,359$61,845$55,080$43,046
12 years$78,810$69,720$61,554$54,247$47,731$36,329
13 years$72,002$63,006$54,994$47,892$41,622$30,833
14 years$66,171$57,271$49,413$42,513$36,486$26,292
15 years$61,122$52,318$44,613$37,914$32,125$22,506
16 years$56,709$48,001$40,448$33,948$28,392$19,328
17 years$52,819$44,207$36,806$30,502$25,174$16,644
18 years$49,365$40,849$33,599$27,488$22,384$14,365
19 years$46,278$37,859$30,759$24,838$19,951$12,423
20 years$43,503$35,180$28,229$22,496$17,821$10,762
21 years$40,996$32,769$25,965$20,416$15,948$9,336
22 years$38,720$30,589$23,931$18,563$14,295$8,109
23 years$36,645$28,609$22,096$16,906$12,832$7,051
24 years$34,745$26,805$20,435$15,419$11,534$6,136
25 years$33,000$25,155$18,927$14,082$10,378$5,345
26 years$31,392$23,642$17,554$12,875$9,349$4,658
27 years$29,906$22,249$16,300$11,785$8,428$4,063
28 years$28,528$20,966$15,153$10,798$7,605$3,545
29 years$27,248$19,779$14,101$9,902$6,867$3,094
30 years$26,055$18,679$13,135$9,087$6,205$2,702
31 years$24,942$17,658$12,245$8,346$5,610$2,361
32 years$23,900$16,708$11,425$7,670$5,075$2,063
33 years$22,923$15,822$10,668$7,053$4,592$1,803
34 years$22,006$14,996$9,967$6,490$4,158$1,577
35 years$21,143$14,224$9,319$5,974$3,766$1,379
36 years$20,329$13,500$8,717$5,502$3,412$1,206
37 years$19,562$12,822$8,159$5,069$3,093$1,055
38 years$18,837$12,186$7,641$4,673$2,804$923
39 years$18,150$11,587$7,159$4,308$2,543$807
40 years$17,500$11,024$6,710$3,974$2,306$706
41 years$16,882$10,494$6,292$3,666$2,092$618
42 years$16,296$9,994$5,902$3,384$1,898$541
43 years$15,739$9,523$5,538$3,123$1,723$474
44 years$15,208$9,077$5,198$2,884$1,564$414
45 years$14,703$8,656$4,881$2,663$1,420$363
46 years$14,220$8,257$4,584$2,460$1,289$318
47 years$13,760$7,880$4,307$2,273$1,171$278
48 years$13,320$7,522$4,047$2,100$1,063$243
49 years$12,900$7,184$3,804$1,941$965$213
50 years$12,497$6,862$3,577$1,794$877$187

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 $2,972 every year, while hoping to spend $46,211 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: 61/33/6 Blend
44$12,800,000$12,800,000$12,800,000$12,800,000
45$14,108,666$13,430,266$13,231,866$14,953,544
46$15,498,581$14,039,180$13,625,965$16,127,299
47$17,028,720$14,676,383$14,031,718$17,401,754
48$18,713,335$15,343,212$14,449,466$18,791,055
49$20,568,132$16,041,067$14,879,561$20,306,266
50$22,610,420$16,771,417$15,322,364$21,959,553
51$24,859,267$17,535,800$15,778,247$23,764,290
52$27,335,688$18,335,830$16,247,594$25,735,185
53$30,062,838$19,173,196$16,730,799$27,888,415
54$33,066,234$20,049,669$17,228,267$30,241,769
55$36,373,990$20,967,104$17,740,414$32,814,815
56$40,017,091$21,927,445$18,267,672$35,629,081
57$44,029,676$22,932,732$18,810,480$38,708,250
58$48,449,366$23,985,098$19,369,294$42,078,379
59$53,317,617$25,086,784$19,944,582$45,768,140
60$58,680,112$26,240,135$20,536,823$49,809,083
61$64,587,190$27,447,608$21,146,514$54,235,930
62$71,094,324$28,711,782$21,774,163$59,086,893
63$78,262,643$30,035,356$22,420,294$64,404,033
64$86,159,505$31,421,162$23,085,447$70,233,643
65$94,859,141$32,872,165$23,770,176$76,626,684
66$104,443,347$34,391,475$24,475,051$83,639,252
67$115,002,263$35,982,352$25,200,660$91,333,107
68$126,635,218$37,648,211$25,947,606$99,776,239
69$139,451,669$39,392,633$26,716,510$109,043,507
70$153,572,238$41,219,370$27,508,012$119,217,333
71$169,129,845$43,132,358$28,322,769$130,388,472
72$186,270,965$45,135,719$29,161,457$142,656,856
73$205,157,010$47,233,776$30,024,772$156,132,531
74$225,965,854$49,431,059$30,913,431$170,936,678
75$248,893,508$51,732,319$31,828,168$187,202,753
76$274,155,976$54,142,533$32,769,742$205,077,726
77$301,991,289$56,666,920$33,738,932$224,723,462
78$332,661,753$59,310,952$34,736,538$246,318,233
79$366,456,426$62,080,362$35,763,386$270,058,386
80$403,693,845$64,981,164$36,820,324$296,160,182
81$444,725,036$68,019,659$37,908,223$324,861,823
82$489,936,822$71,202,455$39,027,981$356,425,683
83$539,755,480$74,536,477$40,180,520$391,140,769
84$594,650,762$78,028,988$41,366,790$429,325,430
85$655,140,329$81,687,598$42,587,768$471,330,346
86$721,794,641$85,520,289$43,844,456$517,541,815
87$795,242,338$89,535,426$45,137,889$568,385,382
88$876,176,176$93,741,782$46,469,128$624,329,835
89$965,359,567$98,148,551$47,839,265$685,891,606
90$1,063,633,788$102,765,374$49,249,425$753,639,625
91$1,171,925,917$107,602,360$50,700,764$828,200,664
92$1,291,257,589$112,670,104$52,194,468$910,265,229
93$1,422,754,642$117,979,718$53,731,761$1,000,594,053
94$1,567,657,741$123,542,850$55,313,901$1,100,025,247
95$1,727,334,092$129,371,711$56,942,178$1,209,482,182
96$1,903,290,353$135,479,108$58,617,924$1,329,982,179
97$2,097,186,849$141,878,465$60,342,505$1,462,646,076
98$2,310,853,256$148,583,858$62,117,328$1,608,708,776
99$2,546,305,867$155,610,046$63,943,837$1,769,530,873
100$2,805,766,630$162,972,503$65,823,520$1,946,611,452