Can I retire at age 45 with 12,900,000?

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 $12,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$1,065,270$1,055,781$1,046,523$1,037,487$1,028,664$1,004,613
2 years$527,361$517,540$508,021$498,792$489,840$465,745
3 years$348,082$338,218$328,723$319,581$310,775$287,389
4 years$258,460$248,626$239,226$230,240$221,647$199,151
5 years$204,701$194,926$185,649$176,846$168,493$146,950
6 years$168,873$159,172$150,032$141,425$133,322$112,754
7 years$143,292$133,672$124,678$116,274$108,427$88,836
8 years$124,114$114,582$105,736$97,539$89,951$71,330
9 years$109,207$99,764$91,071$83,082$75,751$58,086
10 years$97,287$87,937$79,398$71,617$64,544$47,815
11 years$87,542$78,285$69,900$62,328$55,510$39,693
12 years$79,426$70,265$62,035$54,670$48,104$33,174
13 years$72,564$63,499$55,424$48,266$41,947$27,877
14 years$66,688$57,718$49,799$42,845$36,771$23,530
15 years$61,600$52,727$44,962$38,210$32,376$19,934
16 years$57,152$48,376$40,764$34,213$28,614$16,938
17 years$53,231$44,552$37,094$30,740$25,371$14,429
18 years$49,750$41,168$33,862$27,703$22,559$12,318
19 years$46,639$38,154$30,999$25,032$20,107$10,535
20 years$43,843$35,455$28,449$22,671$17,960$9,024
21 years$41,316$33,025$26,168$20,576$16,072$7,739
22 years$39,022$30,828$24,118$18,708$14,407$6,645
23 years$36,931$28,832$22,268$17,038$12,932$5,711
24 years$35,017$27,014$20,595$15,539$11,624$4,912
25 years$33,258$25,351$19,075$14,192$10,460$4,227
26 years$31,638$23,826$17,691$12,976$9,422$3,640
27 years$30,140$22,423$16,427$11,877$8,494$3,137
28 years$28,751$21,129$15,271$10,882$7,665$2,704
29 years$27,461$19,933$14,211$9,979$6,921$2,331
30 years$26,259$18,825$13,237$9,158$6,254$2,011
31 years$25,136$17,796$12,341$8,411$5,654$1,735
32 years$24,086$16,838$11,514$7,730$5,114$1,497
33 years$23,102$15,946$10,751$7,108$4,628$1,293
34 years$22,178$15,113$10,045$6,540$4,190$1,116
35 years$21,308$14,335$9,391$6,021$3,795$964
36 years$20,488$13,606$8,785$5,545$3,439$832
37 years$19,715$12,922$8,223$5,109$3,117$719
38 years$18,984$12,281$7,700$4,709$2,826$621
39 years$18,292$11,678$7,214$4,342$2,562$536
40 years$17,636$11,111$6,762$4,005$2,324$463
41 years$17,014$10,576$6,341$3,695$2,109$400
42 years$16,424$10,072$5,948$3,410$1,913$346
43 years$15,862$9,597$5,581$3,148$1,736$299
44 years$15,327$9,148$5,239$2,907$1,576$258
45 years$14,817$8,723$4,919$2,684$1,431$223
46 years$14,332$8,322$4,620$2,479$1,299$193
47 years$13,868$7,941$4,341$2,291$1,180$167
48 years$13,424$7,581$4,079$2,117$1,071$144
49 years$13,001$7,240$3,834$1,956$973$124
50 years$12,595$6,916$3,605$1,808$884$108

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $12,900,000, adding $5,040 every year, while hoping to spend $42,469 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: 40/43/17 Blend
44$12,900,000$12,900,000$12,900,000$12,900,000
45$14,220,999$13,537,299$13,337,349$14,717,840
46$15,626,354$14,155,440$13,738,963$15,690,111
47$17,173,632$14,802,446$14,152,608$16,736,768
48$18,877,264$15,479,688$14,578,643$17,868,164
49$20,753,152$16,188,600$15,017,434$19,092,020
50$22,818,819$16,930,686$15,469,363$20,416,806
51$25,093,572$17,707,524$15,934,821$21,851,813
52$27,598,688$18,520,764$16,414,209$23,407,235
53$30,357,611$19,372,138$16,907,942$25,094,260
54$33,396,176$20,263,462$17,416,447$26,925,169
55$36,742,851$21,196,635$17,940,162$28,913,448
56$40,429,004$22,173,653$18,479,540$31,073,901
57$44,489,204$23,196,604$19,035,046$33,422,790
58$48,961,543$24,267,677$19,607,160$35,977,979
59$53,887,995$25,389,168$20,196,374$38,759,091
60$59,314,814$26,563,482$20,803,197$41,787,691
61$65,292,972$27,793,139$21,428,151$45,087,474
62$71,878,636$29,080,783$22,071,775$48,684,487
63$79,133,699$30,429,184$22,734,622$52,607,359
64$87,126,368$31,841,245$23,417,263$56,887,565
65$95,931,801$33,320,010$24,120,284$61,559,712
66$105,632,822$34,868,668$24,844,292$66,661,853
67$116,320,701$36,490,564$25,589,906$72,235,838
68$128,096,013$38,189,202$26,357,769$78,327,694
69$141,069,591$39,968,258$27,148,539$84,988,051
70$155,363,569$41,831,582$27,962,895$92,272,601
71$171,112,537$43,783,213$28,801,535$100,242,615
72$188,464,809$45,827,384$29,665,180$108,965,508
73$207,583,824$47,968,531$30,554,568$118,515,453
74$228,649,691$50,211,305$31,470,463$128,974,076
75$251,860,884$52,560,584$32,413,648$140,431,201
76$277,436,120$55,021,478$33,384,931$152,985,686
77$305,616,420$57,599,347$34,385,143$166,746,338
78$336,667,389$60,299,808$35,415,139$181,832,919
79$370,881,716$63,128,753$36,475,799$198,377,259
80$408,581,944$66,092,354$37,568,031$216,524,478
81$450,123,509$69,197,087$38,692,767$236,434,338
82$495,898,100$72,449,736$39,850,968$258,282,725
83$546,337,351$75,857,419$41,043,620$282,263,287
84$601,916,922$79,427,593$42,271,743$308,589,239
85$663,160,984$83,168,081$43,536,382$337,495,346
86$730,647,168$87,087,081$44,838,615$369,240,118
87$805,012,023$91,193,191$46,179,551$404,108,217
88$886,957,016$95,495,424$47,560,333$442,413,118
89$977,255,161$100,003,230$48,982,134$484,500,034
90$1,076,758,317$104,726,518$50,446,165$530,749,146
91$1,186,405,223$109,675,675$51,953,669$581,579,155
92$1,307,230,366$114,861,593$53,505,927$637,451,203
93$1,440,373,746$120,295,694$55,104,259$698,873,184
94$1,587,091,636$125,989,951$56,750,019$766,404,504
95$1,748,768,444$131,956,919$58,444,605$840,661,317
96$1,926,929,779$138,209,763$60,189,454$922,322,305
97$2,123,256,861$144,762,285$61,986,045$1,012,135,034
98$2,339,602,382$151,628,958$63,835,899$1,110,922,968
99$2,578,008,006$158,824,958$65,740,582$1,219,593,192
100$2,840,723,638$166,366,197$67,701,707$1,339,144,927